Published 08:05 IST, January 22nd 2025
Stock Market LIVE: Sensex Up By 600 Pts, Nifty At 23,150
GIFT Nifty signals a positive start for Indian markets, while global stocks show mixed trends amid President Trump's tariff remarks and corporate earnings. India's market saw a downturn, with major indices closing lower, driven by sector-wide declines and broader economic concerns.
On Tuesday, the Indian stock markets witnessed a downturn as both the Sensex and Nifty ended in the red. The Sensex closed at 75,985.86, down by 1087.58 points or 1.41%. Among the top gainers were HCL Tech, UltraTech Cement, and ITC, while major losers included SBI, M&M, Zomato, Kotak Bank, and Reliance Industries. The Indian stock market is set for a positive start, with GIFT Nifty indicating a 0.23% rise. Meanwhile, global markets are reacting to various factors, including potential tariffs from President Trump and corporate earnings reports. Let’s take a closer look at the current market dynamics.
Live Blog
In conclusion, market movements remain influenced by global developments and investor sentiment, with volatility expected as key events unfold. Traders will continue to monitor economic data and corporate performance for further insights into market direction.
15:35 IST, January 22nd 2025
Market Close
The market closed around 600 points at 76,445.75. Nifty Closed at 23,155.35.
Wipro, Infosys, TCS, Tech Mahindra, and Sun Pharma are among the Nifty's top gainers, while Bharat Electronics, Tata Motors, Trent, Axis Bank, and SBI are among its losses.
The Nifty Midcap and Smallcap indexes have fallen 1.5 per cent apiece.
On the sectoral front, the Nifty IT index surged over 2%, while the pharma and private bank indexes jumped 0.5 per cent apiece. On the other side, the real estate index fell 4%, while the media, metal, energy, consumer durables, and PSU banks fell 0.5-1.5 per cent.
15:29 IST, January 22nd 2025
Market Pre Close
The Pre-market close indicates that the Sensex will close by 500 points while the Nifty will close around 23000.
15:25 IST, January 22nd 2025
Heritage Foods Q3 Results Out
The quarterly results of Heritage foods are out. Heritage Foods Q3 net profit is up 59.9% at Rs 43 crore Vs Rs 27 crore, YoY basis.
15:20 IST, January 22nd 2025
HDFC Banks Q3 Results
HDFC Bank Limited, India's largest private lender, reported a net profit of Rs 17,656.61 crore for the third quarter of FY2024-25, marking a 2.2% increase from Rs 16,372 crore in Q3FY24. Pre-Provision Operating Profit (PPoP) grew by 5.7% year-on-year to Rs 25,000 crore in Q3FY24, up from Rs 23,647 crore in the same quarter last fiscal.
13:54 IST, January 22nd 2025
TIPS Music Dividend
Tips Music has announed that the Declared a third interim dividend for the financial year 2024-2025 of Rs. 3/- per equity share (i.e. 300%) on the fully paid-up equity shares of the face value of Re. 1/- per share.
13:53 IST, January 22nd 2025
Nuvoco Vistas Q3 Results
Nuvoco Vistas announed its consolidated cement sales volume registered a strong growth of 16% YoY to 4.7 MMT in Q3 FY25. Consolidated revenue from operations stood at Rs. 2,409 crores during the same period. Consolidated EBITDA for the quarter stood at Rs. 258 crores.
13:49 IST, January 22nd 2025
Dynacons Systems & Solutions Update
Dynacons Systems & Solutions Limited announced that it got featured on the list of the Deloitte Technology Fast 50 India 2024, which awards the 50 fastest growing technology companies in India. The rankings are determined based on the percentage revenue growth over the past three years.
13:28 IST, January 22nd 2025
NSE registered investor base crosses 11 crore
NSE registered investor base crosses 11 crore (110 million) unique investors (unique PANs) and over 21 crore (210 million) total accounts The unique registered investor base on the National Stock Exchange of India crossed the 11-crore (110 million) mark on January 20th, 2025. The total number of client codes (accounts) registered with the exchange stands above 21 crore (210 million) (Includes all client registrations done till date; clients can register with more than one trading member).
13:09 IST, January 22nd 2025
Nifty Top Gainers & Losers
Gainers - Infosys, Wipro, TCS, Tech Mahindra and Sun Pharma
Losers - BEL, Tata Motors, Adani Ent, SBI and Adani Ports
12:45 IST, January 22nd 2025
Bharat Road Network Update
Bharat Road Network informed on the exchange filing that the Guruvayoor Infrastructure Private Limited (GIPL), a subsidiary of the Company, has defaulted in its debt obligations relating to Rupee Term Loan facility and Non-Convertible Debentures as availed from its Lenders due to non-repayment of principal and/or interest amounts. It was also intimated that the total overdue amount as at December 31, 2024, stands at ₹23.34 crore, comprising ₹ 22.27 crore towards the principal and ₹1.07 crore as interest.
12:45 IST, January 22nd 2025
Star Cement Update
Star Cement informed on the exchange filing that the name of one of our Subsidiary Companies i.e. M/s STAR CEMENT (I) LIMITED has been changed to M/s STAR SMART BUILDING SOLUTIONS LIMITED, w.e.f. 21st January, 2025 as approved by the Ministry of Corporate Affairs.
12:35 IST, January 22nd 2025
Denta Water IPO GMP today
As per the market tracker website the Grey Market Premium (GMP) of Rs 165 as of January 22, suggests an estimated listing price of Rs 459 per share, indicating a potential gain of 56.12% from the upper price band.
12:12 IST, January 22nd 2025
ITI Limited Wins Aaple Sarkar Seva Kendra Order worth Rs 167 Crs in Maharashtra
ITI Limited, Bengaluru, country’s first PSU post-independence and premier telecom manufacturing company has won a large contract from the Rural Development Department, Govt. of Maharashtra to set up, operationalize, rollout and monitor the implementation of Aaple Sarkar Seva Kendra (ASSK) in Gram Panchayats (ASSK-GP ) of Chatrapathi Sambhaji Nagar Region, Nagpur Region, and Amaravati Region of Maharashtra. The contract also covers maintenance of systems for a period of one year. The project cost is approximately around Rs. 167 Crores which includes the cost of deployment of technical manpower at the ASSK-GP, and the entailing Project Management expenses.
12:12 IST, January 22nd 2025
LTIMindtree Renews its Strategic Alliance with the Association of American Medical Colleges
LTIMindtree has announced extension of their strategic collaboration with the Association of American Medical Colleges (AAMC), a nonprofit association dedicated to improving the health of people everywhere through medical education, health care, medical research, and community collaborations. As a part of this renewed partnership, LTIMindtree will help the AAMC expedite its continuous improvement initiatives, driving improved decision making and increased productivity across its business functions.
11:33 IST, January 22nd 2025
Systematix Corporate Services Update
Systematix Corporate Services informed the exchange filing that the wholly-Owned Subsidiary Company, the name of the Wholly-Owned Subsidiary Company has been changed from “Systematix Ventures Private Limited” to “Systematix Wealth & Asset Management Private Limited
11:32 IST, January 22nd 2025
JK Tyre Secures $100 Million Sustainability-Linked Loan from IFC
JK Tyre & Industries Ltd has announced a major financing initiative with the International Finance Corporation (IFC). The IFC has sanctioned a $100 million Sustainability-Linked Loan (SLL), marking a significant step towards promoting sustainable manufacturing practices in India’s industrial sector.
11:11 IST, January 22nd 2025
Sectoral Outlook: Nifty IT Leads Gains; Realty Sector Takes Steep Decline
Today, Nifty IT is showing significant gains, closely followed by FMCG and healthcare sectors. Pharma stocks are also performing well. On the downside, the realty sector leads with a decline of over 3%, followed by banking, auto, financial services, media, metals, PSU banks, and oil & gas sectors.
10:38 IST, January 22nd 2025
North star Update
North star opportunities Fund VCC-Bull Value Incorporated VCC Sub- Fund was allotted 20,03,000 Equity Shares of ID Info Business Services Limited on 18.01.2025 pursuant to preferential issue.
10:38 IST, January 22nd 2025
Dhabriya Polywood Update
Dhabriya Polywood informed on the exchange filing that their wholly owned subsidiary company i.e. Dynasty Modular Furnitures Pvt. Ltd. has received the work order/LOI from Adani Group for Supply & Installation of Modular Kitchen for a total value of % 1.55 Crore (including GST).
10:36 IST, January 22nd 2025
Stock To Watch - Jio Financial
Jio financial Services and BlackRock have each subscribed to and have been allotted 5.85 crore equity shares of Rs. 10/- each of Jio BlackRock Asset Management Private Limited (a 50:50 Joint Venture between the Company and BlackRock), for cash at par, aggregating Rs. 117.00 crore.
10:20 IST, January 22nd 2025
Budget Expectations
"The Indian government has set an ambitious target of having EVs comprise 30% of new private vehicle registrations, totalling 8 crore EVs, by 2030. To support this growth, we need a significant expansion of the charging infrastructure, with an estimated 39 lakh public and semi-public charging stations. As the nation strives to meet these targets, the upcoming Union Budget 2025 is expected to play a crucial role in reshaping India's EV sector. We anticipate several key reforms from the budget, including incentivizing EV adoption through enhanced subsidies, reduced GST on EVs, and incentives for fleet electrification, as well as investments in advanced infrastructure development, such as widespread charging networks, to facilitate the seamless integration of EVs into daily life." Rahul Goenka, Director, ElectroRide.
10:19 IST, January 22nd 2025
Budget Expectations
"As we anticipate the forthcoming budget, we are hopeful for continued and expanded support for our elderly population. Government initiatives such as the Pradhan Mantri Vaya Vandana Yojana have been pivotal in providing financial security to senior citizens, with the scheme offering an assured return of 8% per annum. However, there is a pressing need for greater investment in healthcare, particularly geriatric care and mental health support, to meet the growing demands of our aging population. As highlighted by NITI Aayog’s recent position paper, the elderly population in India is set to grow significantly, with projections indicating that by 2050, seniors will comprise nearly 20% of the population. This shift necessitates a more comprehensive, integrated policy for senior care, especially for those living in rural areas where healthcare access remains limited. Additionally, with nearly 75% of elderly individuals suffering from chronic diseases and 20% facing mental health issues, the budget should focus on strengthening healthcare infrastructure and expanding tele-consultation services. We positively look forward to policies that not only address the financial and healthcare needs of seniors but also foster their social inclusion, recreation, and active participation in society, aligning with the global movement towards healthy aging said Mr. Saumyajit Roy, Co-Founder & CEO, Emoha”
10:18 IST, January 22nd 2025
JSW Group Update
Billionaire Sajjan Jindal-led JSW Group said on Tuesday that it will invest 3 trillion rupees ($34.67 billion) in the Indian state of Maharashtra to expand the conglomerate's presence in electric vehicles, batteries, steel, and green energy sectors, as per the report by Reuters.
09:52 IST, January 22nd 2025
Tata Consultancy Services Update
Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has achieved a significant milestone, becoming the second global IT services brand with a brand valuation of $21.3 billion. With a remarkable 826% growth in brand value over the last 15 years from $2.3 billion in 2010, TCS has cemented its position as a leader in the IT services industry. This achievement is underpinned by sustained investments in innovation, customer satisfaction, and strategic marketing initiatives.
09:48 IST, January 22nd 2025
Nifty Top Gainers & Losers
Gainers - Wipro, Infosys, Sun Pharma, TCS and ITC
Losers - BEL, Tata Motors, Power Grid, Adani Ent and Coal India
09:48 IST, January 22nd 2025
Sensex Top Gainers & Losers
Gainers - Infosys, Sun Pharma, TCS, Tech Mahindra and ITC
Losers - Zomato, Tata Motors, SBI, Tata Steel and Adani Ports
09:19 IST, January 22nd 2025
Chartered Logistics Update
Wholly owned Subsidiary Company Chartered Comcare IFSC Limited of Chartered Logistics Limited has received in principal approval from IFSCA (International Financial Services Centres Authority). Chartered Comcare IFSC Limited can commence the business
09:17 IST, January 22nd 2025
Indian Indices Open Higher on Positive
On January 22, Indian indices opened higher, with Nifty at 23,082.30 (+57.65, +0.25%) and Sensex at 76,020.72 (+182.36, +0.24%).
09:14 IST, January 22nd 2025
Hyundai Motor Q3 Date And Time
Hyundai Motor India has scheduled a Board of Directors meeting on Tuesday, January 28, 2025.
09:13 IST, January 22nd 2025
Pre Open
The pre open indicates that the Indian stock market will open marginally higher
09:03 IST, January 22nd 2025
Tata Elxsi and Minespider Partner
Tata Elxsi, a global leader in design and technology services, has joined forces with Minespider, a blockchain-powered traceability solutions provider, to launch MOBIUS+, an advanced battery lifecycle management platform. Designed to address the growing need for sustainability, compliance, and performance optimization in the battery industry, MOBIUS+ aims to revolutionize the way batteries are managed from production to recyclin
08:46 IST, January 22nd 2025
NTPC Q3 Results Date and Time
State-owned NTPC Limited, one of India’s largest power companies, has announced a board meeting scheduled for January 25, 2025. During the meeting, the board will review and approve the company’s unaudited financial results for the third quarter and the nine-month period ending December 31, 2024. The financial results will first undergo a detailed review by the Audit Committee of the Board before final approval.
08:38 IST, January 22nd 2025
Nifty Consumer Durables Declines
On Tuesday, Nifty Consumer Durables fell the most with more than 3%, leading losses are Dixon, Amber, Voltas and Whirlpool
08:36 IST, January 22nd 2025
Adani Energy Update
Adani Energy Solutions Ltd (AESL), India’s largest private transmission and distribution company and part of the globally diversified Adani portfolio, today said that it has won the prestigious ~Rs 25,000 crore Bhadla (Rajasthan)- Fatehpur (Uttar Pradesh) HVDC (High Voltage Direct Current) order. It is AESL’s largest order win till date, taking its under execution order book to Rs 54,761 crore and transmission network to 25,778 ckm and 84,186 MVA transformation capacity.
07:59 IST, January 22nd 2025
GIFT Nifty Signals a Positive Start for Indian Markets
Trends on GIFT Nifty point to a positive opening for the broader Indian markets, with the index currently trading at 23,170.5, up 53.5 points or 0.23%.
07:59 IST, January 22nd 2025
Asia-Pacific Markets Show Mixed Performance
Asia-Pacific markets delivered a mixed performance as investors reacted to President Donald Trump's remarks about a potential 10% tariff on China, which could be implemented by early February. Japan's major indices posted gains, with the Nikkei 225 and Topix rising, while South Korea's Kospi and Kosdaq also advanced. Australia's market edged higher, whereas Hong Kong’s Hang Seng and China’s CSI 300 opened in the red, reflecting investor caution in the region.
07:57 IST, January 22nd 2025
Wall Street Overview Post Inauguration Day
Following a robust trading session after Inauguration Day, S&P 500 futures and Nasdaq 100 futures saw gains, with Dow Jones Industrial Average futures maintaining stability. Investor focus intensified after President Donald Trump's press conference, where scrutiny followed his remarks on potential tariffs on China and announcements of a significant AI infrastructure investment initiative named "Stargate" involving OpenAI, Oracle, and Softbank. Post-market, Oracle shares surged over 4%, while Netflix soared more than 14% on surpassing 300 million paid memberships. United Airlines also saw a rise of over 3% on positive quarterly results and a promising outlook.
07:53 IST, January 22nd 2025
Sensex and Nifty Close Lower On Tuesday, Sectoral Outlook Turns Bearish
On Tuesday, the Indian stock markets witnessed a downturn as both the Sensex and Nifty ended in the red. The Sensex closed at 75,985.86, down by 1087.58 points or 1.41%. Among the top gainers were HCL Tech, UltraTech Cement, and ITC, while major losers included SBI, M&M, Zomato, Kotak Bank, and Reliance Industries. Similarly, the Nifty finished at 23,052.75, marking a decline of 292.00 points or 1.25%. Gainers on the Nifty included Apollo Hospitals, Tata Consumers, Shriram Finance, BPCL, and JSW Steel, whereas losers encompassed Trent, NTPC, Adani Ports, ICICI Bank, and Adani Enterprises. Overall, the market sentiment turned bearish with all sectors closing lower amidst broader economic concerns.
Updated 16:14 IST, January 22nd 2025