Stock Market Today

Date: 21st January 2025 Stock Market Highlights

Stock market today witnessed a sharp decline, with the Sensex closing below the 76,000 mark for the first time in seven months and the Nifty settling near 23,000. The fall was driven by disappointing earnings and rising uncertainty over President Trump's potential trade policies.

• Sensex decreased by 1235.08 points or 1.60%, closing at 75,838.36
• Nifty fell by 320.1 points or 1.37%, ending at 23,024.65
• Bank Nifty ended the day with a fall of 779.9 points or 1.58% at 48,570.90

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Sectoral indices showed mostly negative trends.
• Nifty Realty and Consumer Durables were the worst performers, both dropping over 4%.
• Nifty PSU Bank declined by 1.7%, and Nifty Auto fell by 1.6%.
• Nifty Bankex and Private Bank both recorded a 1.5% drop.
• Nifty Pharma and Nifty Metal lost 1.3% and 1.1%, respectively.

Market Update

• Venus Remedies successfully renewed its European Good Manufacturing Practices certification.
• Cipla received a Form 483 from the US FDA with one observation for its Goa manufacturing facility.
• Prakash Industries began mining operations at the Bhaskarpara Commercial Coal Mine.
• Glenmark Pharma launched Phytonadione Injectable Emulsion USP.
• Hatsun Agro Product approved the acquisition of 100% stake in Milk Mantra Dairy.
• Pritika Auto commenced commercial production of new components.
• TCS opened a new delivery centre in Toulouse, France, focusing on AI-powered transformation for the aerospace and defence industries.
• Bank of Baroda decided to transfer its depository business to its subsidiary, BOB Capital Markets, for ₹1.53 crore.
• PG Electroplast's arm, Next Generation, secured PLI approval in the third round for white goods.
• Dev IT won a GMRC contract for metro rail modernization.
• Bondada Engineering received a work order from KPI Green Energy.
• Landmark Cars received a letter of intent from JSW MG Motor India to establish new MG Select dealerships in Ahmedabad and Kolkata.
• Tata Elxsi partnered with Minespider to launch MOBIUS+ for battery lifecycle traceability.
• DEE Development partially commissioned a ₹250 crore advanced manufacturing facility in Gujarat.
• Jio Financial's JV incorporated a wholly owned subsidiary named ‘Jio BlackRock Broking Private Limited’ on January 20.
• REC's subsidiary transferred its entire holding in Rajasthan Part I Power to Adani Energy Solutions.
• TCS became the second global IT services brand to surpass $20 billion in brand value.
• Adani Energy secured the ₹25,000 crore Bhadla-Fatehpur HVDC project.
• Indraprastha Gas set January 31 as the record date for its bonus issue.
• Deep Industries' subsidiary acquired 100% stake in Dolphin Offshore Shipping.

Quarterly Result

Upcoming Q3 Results on 22nd January 2025

• 20 Microns
• Accelya Solutions India
• Adroit Infotech
• Akg Exim
• Alldigi Tech
• BLB
• Bharat Petroleum Corporation
• Cigniti Technologies
• Coforge
• E2E Networks
• Elecon Engineering Company
• Go Digit General Insurance
• Gravita India
• HDFC Bank
• Heritage Foods
• Hindustan Unilever
• Housing & Urban Development Corporation
• Indosolar
• Jagsonpal Pharmaceuticals
• Kritika Wires
• Laxmi Organic Industries
• Mittal Life Style
• NIIT Learning Systems
• Nuvoco Vistas Corporation
• Persistent Systems
• POWERGRID Infrastructure Investment Trust
• Pidilite Industries
• Polycab India
• R. S. Software (India)
• RattanIndia Power
• Spentex Industries
• Stel Holdings
• Take Solutions
• Tata Communications
• Tips Music
• Ujaas Energy
• Vardhman Textiles
• Wendt (India)
• Zensar Technologies

Q3 Results Announced

• L&T Finance's Q3 consolidated profit declined 2% to ₹626 crore compared to ₹640 crore year-on-year, while net interest income increased.
• MCX reported a profit of ₹160 crore compared to a loss of ₹5.4 crore, with revenue up 57.4% year-on-year.
• Dixon Technologies' Q3 profit and revenue saw a multi-fold jump, with margins at 3.7% compared to 3.8% year-on-year.
• Oberoi Realty's Q3 net profit rose 71.7%, and revenue increased by 34% year-on-year.
• Paytm's Q3 net loss narrowed to ₹208 crore, but revenue declined by 36%.
• Indoco Remedies reported a Q3 net loss of ₹26.4 crore compared to a profit of ₹16.3 crore year-on-year.
• Kolte Patil's Q3 sales value decreased 9% year-on-year and 12% quarter-on-quarter to ₹680 crore.
• South Indian Bank's Q3 profit stood at ₹342 crore compared to ₹305 crore year-on-year.
• Aditya Birla Real Estate posted a Q3 net loss of ₹37 crore compared to a profit of ₹102 crore year-on-year.
• Indiamart Intermesh's Q3 net profit declined 47.6% to ₹121 crore compared to ₹82 crore year-on-year.

Date: 20th January 2025 Stock Market Highlights

Stock market today kicked off the week on a strong note, with the benchmark indices erasing all the previous session's losses and gaining 0.5%. The rally was led by gains in Financial, Power, and Telecom stocks.

• Sensex increased by 454.11 points or 0.59%, closing at 77,073.44
• Nifty surged by 141.55 points or 0.61%, ending at 23,344.75
• Bank Nifty ended the day with a gain of 810.2 points or 1.67% at 49,350.80

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Among sectors, only auto and FMCG ended in the red.
• All other indices closed in the green.
• Bank, media, metal, capital goods, PSU, telecom, power, and PSU bank indices gained 1-2%.
• The BSE midcap index increased by 0.66%.
• The BSE smallcap index rose nearly 1%.

Market Update

• Minda Corp has acquired a 49% stake in Flash Electronics (India) from its existing shareholders.
• India's forex reserves declined by $8.714 billion to $625.871 billion.
• Camlin Fine's Bharuch unit has been ordered to close operations by the Gujarat Pollution Control Board.
• Dixon Technologies' arm signed a binding MoU with KHY Electronic to purchase land and assets for ₹133 crore.
• Adani Energy will acquire a 100% stake in Superheights Infraspace for ₹475 crore from Adani Properties.
• Strategic Sixth Sense Capital Fund sold 68,800 shares in Apex Ecotech.
• Gland Pharma received an Establishment Inspection Report (EIR) from the USFDA for its Pashamylaram facility.
• Unitech approved a proposal for 100% equity disinvestment in Unitech Power.
• The NCLT approved the merger of seven wholly-owned subsidiaries of DLF with its subsidiary.
• Ashapura Minechem's overseas subsidiary signed an MoU with China Railway.
• KP Energy commissioned a 6.3 MW wind power project.
• EKI Energy announced its emission reduction targets approved by the Science Based Targets initiative (SBTi).
• Bharti Airtel and Bajaj Finance entered into a strategic partnership to build one of India’s largest digital platforms for financial services and enhance last-mile delivery.
• Waaree Renewable Technologies received a letter of intent (LoI) worth ₹277 crore for engineering, procurement, and construction (EPC) work for a ground-mounted solar power project.
• Laxmi Dental's shares listed at a 27% premium over the IPO price on the NSE.
• Zydus Lifesciences received USFDA approval to conduct a Phase II(b) clinical trial for Usnoflast.
• Hitachi Energy plans to raise up to ₹4,200 crore through public issue, rights issue, preferential allotment, or private placement, including qualified institutional placement (QIP), in one or more tranches.
• Fortis Healthcare acquired a 23.91% stake in Agilus Diagnostics.
• Cyient expanded its strategic partnership with Deutsche Aircraft and secured a multi-year deal.
• Nazara Technologies' board approved a fundraise of ₹495 crore at ₹990 per share.
• TVS Motor launched the electric three-wheeler TVS King EV MAX, priced at ₹2.95 lakh.
• Strides Pharma received USFDA approval for its Acetaminophen and Ibuprofen tablets.

Quarterly Result

Upcoming Q3 Results on 21st January 2025

• Aditya Birla Real Estate
• Cyient DLM
• Dalmia Bharat
• Eimco Elecon (India)
• ICICI Prudential Life Insurance Company
• Indbank Merchant Banking Services
• The India Cements
• Indiamart Intermesh
• Indoco Remedies
• Jana Small Finance Bank
• KEI Industries
• Manorama Industries
• Onward Technologies
• Panache Digilife
• PNB Housing Finance
• Prime Securities
• Rossari Biotech
• Servotech Renewable Power System
• The South Indian Bank
• Tanla Platforms
• Tata Technologies
• UCO Bank
• UltraTech Cement

Q3 Results Announced

• Kotak Mahindra Bank reported a 10% year-on-year increase in Q3 net profit, reaching ₹4,701 crore.
• RBL Bank's Q3 net profit dropped 86% year-on-year to ₹32.63 crore.
• Can Fin Homes posted a Q3 net profit of ₹212 crores compared to ₹200 crores, with net interest income rising 4.3% year-on-year.
• Wipro's Q3 consolidated EBIT rose by 4.5%, and its margins improved.
• Jio Financial Services reported growth in Q3 consolidated profit, with revenue increasing by 6%.
• Can Fin Homes' Q3 profit grew 6% to ₹212.1 crore compared to ₹200.1 crore year-on-year, and net interest income rose 4.6% to ₹350.5 crore.
• Seshasayee Paper's Q3 consolidated profit fell 76% to ₹16.6 crore from ₹69 crore year-on-year, with revenue declining 8.9%.
• Supreme Petrochem reported a 5.4% growth in Q3 profit at ₹71.4 crore compared to ₹67.67 crore year-on-year, while revenue increased by 18%.
• ICICI Lombard General Insurance saw a 68% rise in Q3 profit to ₹724.4 crore compared to ₹431.5 crore year-on-year.
• Rallis India's Q3 profit dropped 54.2% to ₹11 crore compared to ₹24 crore year-on-year, with revenue down 12.7% at ₹522 crore from ₹598 crore year-on-year.
• Ramkrishna Forgings' Q3 consolidated profit rose 14.7% to ₹99.6 crore compared to ₹86.86 crore year-on-year, with revenue up 7.85%.
• Indian Hotels reported a 32% increase in Q3 consolidated profit at ₹632.5 crore compared to ₹476.9 crore year-on-year, with revenue up 29%.
• Indian Overseas Bank (IOB) posted a 21% growth in Q3 net profit at ₹874 crore compared to ₹723 crore year-on-year.
• MRPL recorded a Q3 consolidated profit of ₹309 crore compared to a loss of ₹697 crore quarter-on-quarter.
• Supreme Industries' Q3 net profit declined 27.4% to ₹179.6 crore compared to ₹247.4 crore year-on-year.
• Newgen Software's Q3 net profit rose 31% to ₹89 crore compared to ₹68 crore year-on-year.
• Karur Vysya Bank reported a rise in Q3 net profit at ₹496 crore compared to ₹412 crore year-on-year.
• ICICI Securities' Q3 net profit grew 8.2% to ₹504 crore, and revenue increased 20% year-on-year to ₹1,590 crore.
• Central Bank of India's Q3 net profit stood at ₹959 crore compared to ₹718 crore year-on-year.
• IDBI Bank's Q3 consolidated profit grew 31% to ₹1,908 crore compared to ₹1,458 crore year-on-year.
• APL Apollo posted a 30.7% increase in Q3 net profit at ₹217 crore compared to ₹166 crore year-on-year.
• IndoStar Capital Finance's Q3 revenue increased 57% to ₹373 crore compared to ₹238 crore year-on-year.
• Zomato's Q3 net profit stood at ₹59 crore, down from ₹138 crore year-on-year.

Date: 17th January 2025 Stock Market Highlights

Stock market today ended lower, snapping a three-day winning streak, with the Nifty settling near 23,200. Selling pressure in IT and Banking stocks weighed on the indices, despite strong quarterly results from Infosys and Axis Bank. However, gains in Reliance Industries, following its higher profit report, helped cap the losses.

• Sensex increased by 423.49 points or 0.55%, closing at 76,619.33
• Nifty surged by 108.6 points or 0.47%, ending at 23,203.20
• Bank Nifty ended the day with a gain of 738.1 points or 1.50% at 48,540.60

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• IT and Bank indices declined by 2% each.
• Oil & Gas, Power, FMCG, PSU, Capital Goods, Realty, and Metal indices gained 1% each.
• BSE Midcap and Smallcap indices closed flat.

Market Update

• BPCL signed a loan agreement worth Rs 31,802 crore with an SBI-led consortium to finance projects at Bina.
• Jubilant Pharmova's subsidiary received 5 observations from USFDA for its solid oral formulations unit in Maryland, USA.
• AstraZeneca Pharma received CDSCO approval to import pharmaceutical formulations of the new drug Eculizumab Concentrate.
• HFCL secured an advance work order valued at Rs 2,501.30 crore.
• Bajaj Healthcare obtained rights to manufacture the finished formulation of Magnesium L-Threonate.
• Zaggle Prepaid partnered with HT Media under a customer service agreement.
• Vedanta scheduled a shareholder meeting on February 18 to approve the demerger announcement.
• Panache Digilife signed an agreement for the manufacture and supply of laptops.
• CTBC Bank Co arranged a $300 million loan for Bank of India.
• One Mobikwik Systems entered into a strategic partnership with Piramal Capital.
• Caplin Steriles received USFDA approval for Levetiracetam in Sodium Chloride Injection.
• C.E. Info Systems partnered with Qualcomm for automotive solutions.
• Kay Cee Energy secured an order worth Rs 19.49 crore.
• PFC Consulting transferred two subsidiaries to Power Grid and GR Infraprojects.

Quarterly Result

Upcoming Q3 Results on 18th January 2025

• 3P Land Holdings
• Avantel
• Blue Coast Hotels
• Can Fin Homes
• Chennai Petroleum Corporation
• Control Print
• Davangere Sugar Company
• DCM Shriram
• GP Petroleums
• Kotak Mahindra Bank
• Mangalam Global Enterprise
• Netweb Technologies India
• RBL Bank
• Sigachi Industries
• Vardhman Acrylics

Upcoming Q3 Results on 20th January 2025

• AGI Greenpac
• APL Apollo Tubes
• Aurum PropTech
• Central Bank of India
• Dixon Technologies (India)
• IDBI Bank
• IndoStar Capital Finance
• Indian Overseas Bank
• Indian Railway Finance Corporation
• ICICI Securities
• The Jammu & Kashmir Bank
• Karur Vysya Bank
• Krystal Integrated Services
• L&T Finance
• Mangalore Refinery and Petrochemicals
• Newgen Software Technologies
• Oberoi Realty
• One 97 Communications
• Raghav Productivity Enhancers
• Shanti Overseas (India)
• Sunteck Realty
• Supreme Industries
• Vidhi Specialty Food Ingredients
• Zomato

Q3 Results Announced

• Reliance Industries' Q3 net profit increased by 12% to a record high, driven by digital and retail businesses. Revenue rose 7.7% to Rs 2.67 lakh crore compared to Rs 2.48 lakh crore year-on-year (YoY).
• LTIMindtree's Q3 net profit declined 7% to Rs 1,086 crore, while revenue increased by 7%.
• Axis Bank's Q3 net profit grew 4% YoY to Rs 6,304 crore.
• Jio Platforms reported a 26% rise in Q3 net profit to Rs 6,861 crore, with ARPU at Rs 203.3.
• Havells India's Q3 consolidated profit dropped 3.3% to Rs 278.3 crore from Rs 287.9 crore YoY, while revenue jumped 10.8%.
• Hatsun Agro Products' Q3 profit declined by 28% to Rs 40.9 crore compared to Rs 57.4 crore YoY, with revenue up 6.5% at Rs 2,009.8 crore.
• Swaraj Engines' Q3 net profit surged 33% to Rs 32 crore from Rs 24 crore YoY.
• SBI Life Insurance's Q3 net profit increased 71% to Rs 551 crore from Rs 322 crore YoY.
• Sterlite Technologies narrowed its Q3 losses to Rs 24 crore versus Rs 57 crore YoY.
• Tech Mahindra's Q3 net profit declined by 21.4% to Rs 983 crore compared to Rs 1,250 crore quarter-on-quarter (QoQ).

Date: 16th January 2025 Stock Market Highlights

Stock market today ended on a positive note in another rangebound session, marking its third consecutive day of gains. The rally was driven by positive cues such as a Gaza ceasefire deal, lower-than-expected US CPI inflation raising hopes of further Fed rate cuts this year, and a declining dollar and US bond yields, which bolstered investor sentiment.

• Sensex increased by 318.74 points or 0.42%, closing at 77,042.82
• Nifty surged by 98.6 points or 0.42%, ending at 23,311.80
• Bank Nifty ended the day with a gain of 527 points or 1.08% at 49,278.70

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Among sectors, Consumer Durables, IT, FMCG, and pharma ended in the red.
• Metal, media, oil & gas, PSU bank, realty, and auto sectors rose by 0.5-2.5%.
• The BSE Midcap index gained 1%.
• Smallcap indices advanced by 1.4%.

Market Update

• Adani Group is in advanced discussions to acquire a majority stake in Emaar India for Rs 5,000 crore.
• Man Industries will consider raising funds via a preferential issue on January 18, 2025.
• Azad Engineering has secured an order worth USD 112 million from GE Vernova International.
• An RVNL-led consortium has won an order worth Rs 3,622 crore to develop the middle-mile network of Bharat Net.
• Refex Green Mobility is set to acquire Gensol's 2,997 EVs as part of a strategic partnership.
• GAIL India has entered into a settlement agreement with SEFE Marketing.
• Swiggy plans to establish a wholly owned subsidiary, Swiggy Sports.
• Garuda Construction has received an order worth Rs 1,087.34 crore.
• Kaushalya Logistics is opening new depots of Ambuja Cement in Haryana.
• Nazara Technologies will consider a fundraise on January 20, 2025.
• Shalby has received USFDA pre-market notice clearance for its knee replacement device.
• IRFC has signed a lease agreement with NTPC for eight BOBR rakes, amounting to Rs 250 crore in the first phase.
• Waaree Tech has won an order to supply 99 solar off-grid combos.
• Happiest Minds has announced a collaboration with Coca-Cola Beverages Vietnam.
• Sun Pharma’s subsidiary will acquire a 100% stake in Antibe Therapeutics Inc.
• Exide Industries has invested Rs 150 crore in its subsidiary, Exide Energy Solutions, through a rights-based equity subscription.
• Rashi Peripherals will acquire a 70% equity stake in Satcom Infotech.
• EMS has secured an order worth Rs 105 crore.
• Intellect Design Arena, in partnership with Confianza, will transform the submission and quoting process.
• RVNL has received a letter of acceptance from Bharat Sanchar Nigam for a project worth Rs 9,613 crore.
• Antony Waste's total tonnage for Q3 increased by 3.2% YoY to 1.18 million tonnes.

Quarterly Result

Upcoming Q3 Results on 17th January 2025

• 5Paisa Capital
• Aether Industries
• Atlas Cycles (Haryana)
• Excel Realty N Infra
• Ganesh Housing Corporation
• ICICI Lombard General Insurance Company
• The Indian Hotels Company
• Jio Financial Services
• MRO-TEK Realty
• Next Mediaworks
• Ponni Sugars (Erode)
• Rallis India
• Ramkrishna Forgings
• SBI Life Insurance Company
• Seshasayee Paper and Boards
• Supreme Petrochem
• Steel Strips Wheels
• Sterlite Technologies
• Swaraj Engines
• Tech Mahindra
• Vinyl Chemicals (India)
• Wipro

Q3 Results Announced

• Ceat's Q3 net profit dropped 46.5%, while revenue increased by 11.4% YoY.
• Punjab & Sind Bank reported a 146% surge in Q3 profit to Rs 282 crore against Rs 114.3 crore YoY, and NII grew by 27%.
• Authum Investment's Q3 consolidated profit fell 10%, with revenue declining 10.8% to Rs 616.9 crore.
• Oracle Financial's Q3 consolidated profit decreased 27% to Rs 541.3 crore versus Rs 740.8 crore YoY, with revenue down by 5.9%.
• DB Corp's Q3 net profit dropped 4.7% to Rs 118.2 crore against Rs 124 crore YoY.
• Sterling and Wilson Renewable Energy posted a Q3 net profit of Rs 14.8 crore compared to a loss of Rs 63.7 crore YoY.
• Bhansali Engineering's Q3 profit stood at Rs 40.83 crore compared to Rs 40.22 crore YoY.
• Spencer's Retail reported a Q3 net loss of Rs 47 crore versus a loss of Rs 51 crore YoY.
• Alok Industries recorded a Q3 net loss of Rs 273 crore compared to a loss of Rs 230 crore YoY.
• Waaree Renewable's Q3 consolidated profit declined to Rs 53.48 crore.
• Mastek's Q3 net profit increased 27% to Rs 95 crore compared to Rs 75 crore YoY.
• Axis Bank's Q3 net profit rose 3.8% to Rs 6,304 crore against Rs 6,071 crore YoY.
• Infosys reported a Q3 net profit of Rs 6,806 crore, with rupee revenue at Rs 41,764 crore.

Date: 15th January 2025 Stock Market Highlights

Stock market today opened on a strong note amid mixed global cues and traded within a narrow range throughout the session, with the Nifty nearing 23,300. Despite some final-hour selling that trimmed gains, the indices extended their winning streak for the second consecutive session, supported by buying in IT, Metal, Power, and Realty stocks.

• Sensex increased by 224.45 points or 0.29%, closing at 76,724.08
• Nifty surged by 37.15 points or 0.16%, ending at 23,213.20
• Bank Nifty ended the day with a gain of 22.55 points or 0.05% at 48,751.70

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Auto, media, and pharma sectors declined by 0.5% to 1%.
• IT, realty, and power sectors gained 0.5% to 1%.
• The BSE Midcap index ended flat.
• The BSE Smallcap index rose by 0.3%.

Market Update

• Premier Energies arm secures orders worth Rs 1,460 crore from two large independent power producers.
• Morepen Labs approves hiving off the medical devices business to its subsidiary, Morepen Medtech.
• IRFC emerges as the L1 bidder to finance Rs 3,167 crore for the development of Banhardih Coal Block in Latehar, Jharkhand.
• Hero MotoCorp launches the new Destini 125 in three variants, starting at Rs 80,450 (ex-showroom).
• Adani Green Energy arm commissions a 57.2 MW wind power component at Khavda, Gujarat.
• Innova Captab begins commercial production at its manufacturing facility in Kathua, Jammu.
• Welspun Corp signs an MoU with Saudi Aramco for establishing LSAW line pipe manufacturing capacity in Saudi Arabia.
• Aether Industries amends its strategic supply agreement with Baker Hughes.
• Infosys and Tennis Australia collaborate to create new generative AI innovations.
• Blue Dart opens its largest integrated operating facility in Delhi.
• Aditya Birla Fashion board approves equity shares issuance on a preferential basis.
• Techknowgreen Solutions secures a work order worth Rs 3.13 crore.
• Minda Corporation to acquire a 49% stake in Flash Electronics.
• Jammu & Kashmir Bank receives an administrative warning letter from SEBI.
• NARCL emerges as the sole bidder to acquire Jaiprakash Associates' Rs 12,000 crore loans.
• US Treasury blocks Carborundum Universal’s Russia arm Volzhsky Abrasive Works’ properties.
• Cipla’s tax demand revised to Rs 559 crore from Rs 773 crore for AY16-23.
• Adani Green Energy’s operational capacity rises 37% and energy sales grow 23% YoY in 9MFY25.
• J Kumar Infra receives a Letter of Award from NBCC for a Rs 1,073 crore contract.
• Persistent Systems launches ContractAssist using Microsoft 365 Copilot.
• Alembic Pharmaceuticals secures USFDA final approval for Brexpiprazole Tablets.
• Vedanta receives a penalty order of Rs 92.55 crore.
• Nazara Technologies arm to collaborate with Banijay Rights to launch Bigg Boss Interactive Fiction Game.
• Indiabulls Enterprises launches a residential project in Gurugram.
• NESCO secures an order from National Highways Logistics Management.
• TVS Motor becomes the top player in the electric two-wheeler market in January.
• KPI Green wins an order to develop solar power projects with a capacity of 62.20 MW.

Quarterly Result

Upcoming Q3 Results on 16th January 2025

• Alok Industries
• Axis Bank
• Bhansali Engineering Polymers
• D.B.Corp
• Digicontent
• Hatsun Agro Product
• Havells India
• Infosys
• Kesoram Industries
• Khaitan Chemicals & Fertilizers
• LTIMindtree
• Mastek
• Metro Brands
• Plastiblends India
• Radhika Jeweltech
• Reliance Industries
• Shekhawati Industries
• Shemaroo Entertainment
• Spencer's Retail
• Sterling and Wilson Renewable Energy

Q3 Results Announced

• Shoppers Stop Q3 consolidated profit rises 41% to Rs 52.2 crore vs Rs 36.9 crore YoY; revenue increases 11.5%.
• Network18 Media reports Q3 standalone profit of Rs 3,431.94 crore compared to a loss of Rs 43.42 crore YoY.
• Benares Hotels Q3 profit up 20% to Rs 13.6 crore vs Rs 11.3 crore YoY; revenue grows 15.6%.
• Hathway Cable & Datacom Q3 consolidated profit declines 39% to Rs 13.6 crore vs Rs 22.4 crore YoY; revenue rises 1.3%.
• Oriental Hotels Q3 consolidated profit decreases to Rs 14 crore from Rs 17 crore YoY.
• Bank of Maharashtra Q3 net profit increases 36% to Rs 1,406 crore vs Rs 1,036 crore YoY.
• L&T Technologies Q3 net profit grows 0.9% to Rs 322.4 crore vs Rs 319.6 crore QoQ.
• HDFC Life Insurance Company reports Q3 FY25 net profit growth of 14%, reaching Rs 415 crore compared to Rs 365 crore in the year-ago period.
• Bank of Maharashtra Q3 net profit rises 36% to Rs 1,407 crore.

Date: 14th January 2025 Stock Market Highlights

Stock market today closed with decent gains on January 14, as a strong rally in Banking, Metal, and Energy stocks lifted sentiment. However, the upward momentum was tempered by a selloff in IT and FMCG stocks, keeping investors cautious.

• Sensex increased by 169.62 points or 0.22%, closing at 76,499.63
• Nifty surged by 90.1 points or 0.39%, ending at 23,176.05
• Bank Nifty ended the day with a gain of 687.9 points or 1.43% at 48,729.15

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• On the sectoral front, all indices ended in the green except IT and FMCG.
• The BSE Midcap index gained 2%, while the Smallcap index rose 1.7%.

Market Update

• Zee Media to raise up to ₹400 crore via equity, bonds, or other instruments; approves an increase in FPI & FII shareholding limits from 24% to 49%.
• JSW Energy receives a Letter of Intent (LoI) for the 3.6 GW KSK Mahanadi thermal power plant.
• BEL secures orders worth ₹561 crore since December 23, 2024.
• Net direct tax collection rises 15.9% YoY to ₹16.89 lakh crore.
• ITI receives orders worth ₹35 crore from Sambalpur University in Odisha.
• DG, GST Intelligence conducted a search on January 13 related to vendors of a PB Fintech subsidiary.
• Bajel Projects wins an order from Adani Energy Solutions.
• Hindustan Zinc faces a penalty order from the Deputy Commissioner of State Tax, Udaipur.
• Quess Corp receives an order from the Income Tax Department for a refundable amount.
• LIC approves capital infusion in its Sri Lanka subsidiary.
• Goa Carbon temporarily shuts down its Bilaspur unit for maintenance work.
• Greaves Cotton launches a new variant of its Magnus electric scooter.
• Vodafone Idea partners with HCLSoftware to automate 4G and 5G networks.
• Awfis Space Solutions inaugurates a 47,694 sq ft center in Lucknow.
• Hyundai to launch the CRETA Electric on January 17, 2025.

Quarterly Result

Upcoming Q3 Results on 15th January 2025

• Aeroflex Industries
• Authum Investment & Infrastructure
• CEAT
• DB (International) Stock Brokers
• HDFC Life Insurance Company
• Indiabulls Enterprises
• Krishana Phoschem
• L&T Technology Services
• Bank of Maharashtra
• Mahindra EPC Irrigation
• Maharashtra Scooters
• Madhya Bharat Agro Products
• NELCO
• Oracle Financial Services Software
• Oriental Hotels
• Punjab & Sind Bank
• Reliance Industrial Infrastructure
• Viji Finance

Q3 Results Announced

• HCL Tech reports a 5.5% increase in Q3 net profit to ₹4,591 crore; declares ₹18 dividend per share.
• Anand Rathi Wealth's Q3 net profit jumps 33.3%, with revenue rising 29.9% YoY; board approves a 1:1 bonus share issue.
• Delta Corp's Q3 consolidated profit grows 3.6% to ₹35.7 crore compared to ₹34.5 crore YoY.
• Marathon Nextgen Realty's Q3 consolidated profit declines 4.5%, with revenue dropping 41.4% to ₹123.4 crore.
• Den Networks posts a 14.7% drop in Q3 consolidated profit to ₹40.3 crore, with revenue falling 4.5% to ₹260.7 crore YoY.
• Himadri Speciality Chemical's Q3 consolidated profit surges 30.5%, with revenue up 8.4% to ₹1,140.7 crore.
• HDFC Asset Management Company records a Q3 consolidated profit of ₹641 crore YoY.

Date: 13th January 2025 Stock Market Highlights

Stock market today continued its decline for the fourth consecutive session on January 13, with the Indian benchmark indices falling amid widespread selling across sectors. The decline was exacerbated by crude oil prices reaching over a 3-month high and weak global markets, as investors scaled back expectations for US rate cuts in 2025.

• Sensex decreased by 1048.9 points or 1.36%, closing at 76,330.01
• Nifty fell by 345.55 points or 1.47%, ending at 23,085.95
• Bank Nifty ended the day with a fall of 692.9 points or 1.42% at 48,041.25

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• All sectoral indices closed in the red.
• Realty index dropped sharply by 6.7%.
• Oil & gas, power, PSU, metal, and media indices declined by 3-4%.
• Nifty Midcap index fell 4%, marking its biggest single-day drop since June 2024.
• Smallcap index also plunged 4%, recording its largest fall in five months.

Market Update

• Interarch secures a ₹221 crore order in the semiconductor and lithium-ion battery sector from Tata Projects.
• Oberoi Realty named as the developer for the Bandra Reclamation Slum Redevelopment Project.
• Waaree Energies to acquire a 100% stake in Enel Green Power India from Enel Green Power Development for ₹792 crore.
• US FDA classifies Biocon Biologics’ Johor Bahru, Malaysia site as Voluntary Action Indicated.
• Indian Overseas Bank invites bids to sell 46 NPA accounts valued at ₹11,433.72 crore.
• Godrej Properties launches the Godrej Madison Avenue project in Hyderabad.
• Just Dial reports a 42.7% YoY increase in Q3 profit and an 8.4% rise in revenue.
• Ola Electric Mobility receives additional information requests from the CCPA.
• Wockhardt's Zidebactam/Cefepime, WCK 5222 demonstrates over 97% efficacy in clinical trials.
• Oberoi Realty appointed as the developer for 10,300 square meters of land by SRA.
• NLC India signs a JV agreement with Assam Power Distribution Company.
• Archies enters into a strategic collaboration with Magicpin.
• JSW Energy acquires 125 MW of renewable energy assets from Hetero Labs and Hetero Drugs.
• Brigade Enterprises signs an MoU with Technopark to develop a World Trade Centre (WTC).
• Signature Global acquires a 16.12-acre land parcel in Gurugram, Haryana.
• Vedanta Resources offers to repurchase all outstanding 2028 bonds.
• HEG’s subsidiary signs a non-binding MoU with Ceylon Graphene Technologies.
• ICICI Lombard General Insurance receives tax relief from the Income Tax department.
• Poly Medicure partners with AMPIN C&I Power for a solar power project in Haryana through a JV agreement.
• Sudarshan Pharma Industries plans to raise up to ₹188.34 crore via a preferential issue.
• Puravankara reports Q3FY25 pre-sales of ₹1,265 crore, with collections up 6% YoY.
• December CPI inflation falls to 5.22% compared to 5.48% MoM.

Quarterly Result

Upcoming Q3 Results on 14th January 2025

• Hathway Cable & Datacom
• HDFC Asset Management Company
• Network18 Media & Investments
• Shoppers Stop

Q3 Results Announced

• DMart's Q3 net profit rises nearly 5% to ₹724 crore, with revenue growing by 17.6% YoY.
• Equinox India Developments turns profitable in Q3, posting a consolidated profit of ₹22.2 crore compared to a loss of ₹38.65 crore YoY.
• PCBL's Q3 profit plunges 37.07% to ₹93.1 crore, down from ₹148 crore YoY.
• Just Dial's Q3 profit surges 42.7% to ₹131.3 crore, up from ₹92.01 crore YoY, with an 8.4% increase in revenue YoY.

Date: 10th January 2025 Stock Market Highlights

Stock market today closed lower after a highly volatile session on January 10, with the Nifty slipping below 23,350. Broad-based selling across sectors weighed on the indices, except for IT stocks, which rallied following TCS's better-than-expected Q3 results.

• Sensex decreased by 241.3 points or 0.31%, closing at 77,378.91
• Nifty fell by 95 points or 0.40%, ending at 23,431.50
• Bank Nifty ended the day with a fall of 769.35 points or 1.55% at 48,734.15

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• All sectoral indices, except IT, closed in the red.
• Power, PSU, realty, healthcare, and PSU Bank sectors declined by 2% each.
• The BSE midcap index fell by 1.2%.
• The BSE smallcap index dropped by 2.4%.

Market Update

• Adani Total Gas secures a 20% hike in APM gas allocation, effective January 16.
• Polyplex Corporation plans a ₹558 crore investment to establish a BOPET film manufacturing plant in India.
• Samvardhana Motherson continues work on its Gen 3 prototype, with progress expected to take more time.
• Godrej Properties acquires a land parcel in Indore to expand its real estate portfolio.
• Senco Gold reports Q3 same-store sales growth (SSSG) in the 13%-14% range and opens four new showrooms.
• Ceinsys Tech wins an order worth ₹381 crore.
• Hindustan Copper appointed as the mine developer for the Rakha Copper Mine project.
• Mahanagar Gas sees a 26% increase in domestic gas allocation.
• Sona BLW signs an MoU with the NMICPS Technology Innovation Hub for future advancements.
• JSW Steel achieves its highest-ever quarterly crude steel production on a consolidated basis.
• Valiant bags its largest-ever single order worth ₹41.35 crore.
• Surya Roshni secures an ₹81.47 crore order from Bharat Petroleum Corporation Limited (BPCL).
• Aditya Birla Fashion surges as its board considers a fundraising proposal on January 15.
• GMR Airports’ subsidiary to divest a 50% stake in the Megawide GMR Construction JV.
• Senores Pharmaceuticals receives USFDA approval for its product.
• NTPC Green Energy commissions the second phase of its 60 MW project.
• Equitas Small Finance Bank increases interest rates for savings accounts.
• IRB Infrastructure’s toll collections rise 19% YoY to ₹580 crore in December.
• Bombay Burmah finalizes the sale of a 13.91-acre land parcel in Kanyakumari, Tamil Nadu.
• SpiceJet plans to reactivate 10 grounded aircraft, including four 737 MAX jets, by mid-April 2025.
• Vedanta secures $300 million in financing from banks and negotiates an additional $200 million.
• Vodafone completes the sale of its remaining 79.2 million shares in Indus Towers.
• CARBOGEN AMCIS AG successfully passes a Swissmedic inspection.
• The government disburses ₹1.73 lakh crore in tax devolution to state governments.
• BHEL signs an MoU with ONGC to explore joint projects and renewable energy collaborations.
• Ashapuri Gold Ornament wins a ₹48 crore order to supply gold jewellery.

Quarterly Result

Upcoming Q3 Results on 11th January 2025

• Avenue Supermarts
• Sanginita Chemicals

Upcoming Q3 Results on 13th January 2025

• Anand Rathi Wealth
• Angel One
• Delta Corp
• Den Networks
• HCL Technologies
• Himadri Speciality Chemical
• Marathon Nextgen Realty
• Urja Global

Q3 Results Announced

• GTPL Hathway reports a 57.2% drop in Q3 net profit, while revenue rises by 4.3% YoY.
• IREDA's Q3 net profit increases 26.8% to ₹425.4 crore; net interest income surges 38.9% to ₹622.3 crore compared to ₹448.1 crore YoY.
• CESC posts a Q3 net profit of ₹172 crore, marking a 1.2% YoY growth, with revenue rising 6.6% YoY to ₹1,940 crore.
• PCBL's Q3 profit declines 37% to ₹93 crore; the company announces an interim dividend of ₹5.5 per share.

Date: 9th January 2025 Stock Market Highlights

Stock market today extended its losing streak on January 9, with the Nifty closing below 23,550. Broad-based selling across sectors, except FMCG, weighed on the indices.

• Sensex decreased by 528.28 points or 0.68%, closing at 77,620.21
• Nifty fell by 162.45 points or 0.69%, ending at 23,526.50
• Bank Nifty ended the day with a fall of 331.55 points or 0.67% at 49,503.50

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• FMCG was the only sector to end in the green.
• Capital goods, IT, metal, oil & gas, PSU bank, power, and realty indices declined by 1-2%.
• BSE Midcap and Smallcap indices fell by 1% each.

Market Update

• BHEL commissions unit-1 and unit-2 of the 6x170 MW Punatsangchhu-II hydroelectric project in Bhutan.
• Acme Solar Holdings commissions 62 MW and 28 MW solar power projects in Rajasthan.
• Lupin receives an Establishment Inspection Report (EIR) from USFDA for its Pithampur Unit-1 facility with VAI classification.
• NMDC reduces lump ore and fines prices by Rs 350 per tonne, effective immediately.
• Tata Motors' JLR Q3 retail sales decline 3% YoY to 1.06 lakh units, while wholesales increase 3% YoY to 1.04 lakh units.
• GMR Airports acquires a 50% stake in Bird Execujet Airport Services for Rs 15 crore.
• RBI removes supervisory restrictions on Asirvad Micro Finance and DMI Finance.
• Linc promoter group members Rohit Deepak Jalan and Ekta Jalan acquire 54.09% and 27.53% shares, respectively.
• Zen Tech secures a patent for the 'T-72 containerized crew gunnery simulator system.'
• SRF and Navin Fluorine shares are in focus following price hikes for refrigerant gases by US gas distributors.
• Tyche Industries receives seven USFDA observations for its Andhra Pradesh, Kakinada manufacturing facility.
• Poonawalla Fincorp board approves issuing NCDs worth Rs 190 crore, including a greenshoe option.
• Richa Info Systems signs a Rs 100 crore supply and services agreement with Roopyaa Tradebizz.
• Mangalam Global Enterprises to consider a stock split on January 13.
• Advait Infratech receives a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam.
• TV Today Network approves the closure of FM radio broadcasting operations.
• Anand Rathi Wealth to consider issuing bonus shares on January 13, 2025.
• MOIL fined Rs 16.77 crore for excess production at Tirodi Mine during specific periods from 1993-94 to 2008-09.
• LT Foods incorporates a step-down subsidiary, LT Foods Arabia.
• Newgen Software signs an enterprise content management pact with a US-based health client.
• Prataap Snacks receives an open offer from Authum Investment.
• NTPC Green forms a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam.
• Tembo Global Industries secures an order worth Rs 40.73 crore.
• Hindalco subsidiary plans to issue USD 500 million in senior unsecured notes.
• Puravankara acquires a 3.63-acre land parcel in Bengaluru.
• PI Industries receives a notice from the Commissioner of Customs, JCNH, Nhava Sheva.
• GPCB revokes the closure order for Aether Industries.
• Tata Motors Group's global wholesales total 3,41,791 units in Q3FY25.
• Swiggy Instamart expands operations to over 75 cities.
• Domestic gas allocations to IGL revised upward by 31%, effective January 16.

Quarterly Result

Upcoming Q3 Results on 10th January 2025

• CESC
• Equinox India Developments
• GNA Axles
• Infomedia Press
• Just Dial
• PCBL
• Shah Metacorp
• Yaari Digital Integrated Services

Q3 Results Announced

• Tata Elxsi reports a 3.6% year-on-year decline in net profit to Rs 199 crore, while revenue increases by 2.7%.
• TCS Q3 consolidated net profit rises 12% year-on-year to Rs 12,380 crore, compared to Rs 11,058 crore in the same period last year.

Date: 8th January 2025 Stock Market Highlights

Stock market today opened higher despite weak global cues but struggled to sustain the gains, trading lower for most of the session. However, a wave of last-hour buying erased all intraday losses, leading to a flat close.

• Sensex decreased by 50.62 points or 0.06%, closing at 78,148.49
• Nifty fell by 18.95 points or 0.08%, ending at 23,688.95.
• Bank Nifty ended the day with a fall of 367.1 points or 0.73% at 49,835.05.

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• FMCG, oil & gas, and IT sectors rose between 0.3% and 1.5%.
• PSU bank, pharma, metal, media, bank, and auto sectors declined by 0.4% to 1%.
• Both BSE Midcap and Smallcap indices dropped by 1% each.

Market Update

• Dr Reddy’s Laboratories signs an agreement with Jaguar Labs Holdings to sell its manufacturing unit in Louisiana, USA.
• RVNL partners with Dubai's GBH Intl Contracting LCC for civil infrastructure projects in the Gulf Cooperation Council region.
• Maruti Suzuki reveals its electric mobility blueprint, branded as 'e for me.'
• Sobha Limited reports a Q3 decline of 28.9% in total sales value but a 16.5% YoY increase in average price realization.
• KEC International secures new orders worth ₹1,136 crore.
• Tata Steel records a 6.2% YoY increase in Q3 India production at 5.68 MT versus 5.35 MT.
• Ola Electric Mobility receives an administrative warning letter from SEBI.
• Tata Technologies collaborates with Telechips, an automotive semiconductor solutions provider.
• Exicom Tele-Systems partners with Mufin Green Infra.
• Route Mobile teams up with PT MRT Jakarta to introduce WhatsApp ticketing via vending machines and email.
• WPIL's European subsidiary acquires 100% holdings in Misa Italy.
• Mahindra unveils a new manufacturing and battery assembly facility in Chakan.
• L&T Heavy Engineering reports securing significant orders in Q3FY25, valued between ₹1,000-2,500 crore.
• Thomas Cook India and SOTC Travel announce special direct flights to Bhutan.
• Mankind Pharma pledges its remaining 56.31% stake in its subsidiary.
• Voltamp Transformers wins an order worth ₹41 crore.
• CESC issues a Letter of Award (LoA) to its subsidiary, Purvah Green Power.
• Swiggy launches SNACC, a new app promising food delivery within 15 minutes.
• Brigade Enterprises launches a new real estate project in Hyderabad.
• Suven Life Sciences doses its first subjects in a Phase-1 clinical trial of SUVN-I6107.
• Transformers & Rectifiers announces a 1:1 bonus share issuance.
• Hyundai Motor India introduces new variants and upgrades for its popular models: VENUE, VERNA, and Grand i10 NIOS.
• APSEZ ranks in the top 10 of the 2024 S&P Global Corporate Sustainability Assessment Rankings.
• Afcons Infrastructure wins an order worth ₹1,084.54 crore from the Defence Research and Development Organisation.

Date: 7th January 2025 Stock Market Highlights

Stock market today recovered some of the previous session's losses, ending on a positive note after a volatile session on January 7. Broad-based buying across sectors, except for IT stocks, supported the recovery.

• Sensex increased by 234.12 points or 0.30%, closing at 78,199.11
• Nifty surged by 91.85 points or 0.39%, ending at 23,707.90.
• Bank Nifty ended the day with a surge of 280.15 points or 0.56% at 50,202.15

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Among sectors, IT was the only sectoral index to close in the red.
• Oil & Gas, Realty, Energy, Bank, Metal, and Pharma indices gained 0.5%-1% each.
• The BSE Midcap index increased by 0.7%, while the BSE Smallcap index advanced by 1.7%.

Market Update

• BPCL approves a ₹1,000 crore IPO for its joint venture Maharashtra Natural Gas, co-owned with GAIL and Indraprastha Gas.
• Power Grid wins bids for two interstate transmission system projects on a BOOT basis.
• Ashoka Buildcon signs a ₹1,391 crore concession agreement with NHAI.
• Caplin Point receives US FDA's EIR with zero observations for its Tamil Nadu unit's injectable and ophthalmic facilities.
• The Steel Ministry proposes merging NMDC and KIOCL, submitting the plan to the Finance Ministry.
• Biocon secures approval from Japan’s health authority for Ustekinumab BS.
• Zaggle Prepaid partners with Kiranakart Technologies.
• Akzo Nobel receives a request from its parent company regarding a potential sale of its powder coatings business.
• Paras Defence obtains a license to manufacture MK-46 and MK-48 Belt-fed Light Machine Guns.
• Vodafone Idea and Bharti Airtel enter a share purchase agreement with iBUS Network.
• USFDA accepts priority review of Zydus Lifesciences' NDA CUTX-101.
• Indo Farm Equipment lists at a 19% premium on NSE compared to its IPO price.
• Coal India signs a non-binding MoU with IREL.
• L&T secures a T&D business order worth ₹2,500-5,000 crore.
• Edelweiss Financial announces a ₹200 crore issue of secured NCDs.
• Royal Orchid Hotels signs a new property in Khatoo, Rajasthan.
• Birlasoft gains momentum as it joins the UK government’s cloud framework to enhance digital transformation.
• JP Associates reports outstanding borrowings of ₹55,525 crore.
• Vadraj Cement approves Nuvoco Vistas Corporation’s resolution plan.
• Manappuram Finance confirms a robbery incident at its Odisha branch.
• NCLAT approves the merger of Indiabulls Real Estate and Embassy Group.
• Alkem Labs agrees to sell its manufacturing unit in Pithampur, MP, to Rubicon Research for ₹149 crore.
• Vakrangee renews its partnership agreement with Bank of Baroda.
• Dynamic Services and Security secures a work order worth ₹476 crore.
• InterGlobe Aviation receives a penalty order of ₹2.17 crore.
• A company launches ORIGEM, a domestic retail lab-grown diamond brand, with an online presence.
• Newmalayalam Steel secures an order worth ₹10.59 crore for supplying 1,500 MTS Demac GP Pipes and Tubes.
• Tata Elxsi partners with National Aerospace Laboratories to advance air mobility solutions.

Date: 6th January 2025 Stock Market Highlights

Stock market today faced a sharp sell-off at the start of the week, with benchmark indices dropping 1.5% on January 6. Investor sentiment took a hit amid growing concerns over Human Metapneumovirus (HMPV).

• Sensex fell by 1258.12 points or 1.59%, closing at 77,964.99
• Nifty declined by 388.7 points or 1.62%, ending at 23,616.05.
• Bank Nifty ended the day with a fall of 1066.8 points or 2.09% at 49,922

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• PSU Bank fell by 4%.
• Metal, Realty, Energy, PSU, Power, and Oil & Gas sectors declined by 3% each.
• BSE Midcap index dropped by 2.4%.
• BSE Smallcap index decreased by 3%.

Market Update

• India's forex reserves declined by USD 4.112 billion to USD 640.279 billion during the week ending December 27.
• Bajaj Finance Q3 deposits grew by 19%, with AUM increasing 28%.
• Indian Bank Q3 total business rose 8.3%, while total deposits increased 7.3%.
• Macrotech Developers Q3 pre-sales grew 32% YoY and 5% QoQ, reaching Rs 45.1 billion.
• Hyundai is in discussions with TVS Motor for developing an electric three-wheeler.
• Poonawalla Fincorp Q3 AUM surged 41% YoY and 13.3% QoQ to Rs 30,950 crore.
• Jubilant FoodWorks Q3 consolidated revenue grew by 56.2% YoY to Rs 2,153.2 crore.
• IEX reported a 29% YoY increase in December electricity traded volume, totaling 11,132 MU.
• India's December Services PMI stood at 59.3, down from 60.8 MoM.
• Waaree Energies commenced trial production at its 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat.
• Sealmatic partnered with Russia-based Fluiten OOO for mechanical seals.
• Gujarat Toolroom approved a 5:1 bonus share issue.
• Gensol Engineering secured an EPC contract worth Rs 1,061 crore.
• ICICI Bank received a GST demand and penalty order from the Maharashtra GST Department totaling Rs 100.76 crore.
• NTPC Green Energy won an order from Uttar Pradesh Power Corporation.
• Happy Forgings board approved an investment of Rs 650 crore.
• HDFC Bank obtained RBI approval to acquire a 9.5% stake in Capital Small Finance Bank.
• JSW Infrastructure signed a concession agreement with the Northern Railway Administration.
• Deep Industries received a Letter of Award from ONGC for a seven-year charter hiring of a 100MT workover rig for the Assam asset.
• Brigade Enterprises acquired 20 acres of land in Bengaluru.
• HG Infra Engineering secured a contract from Gujarat Urja Vikas Nigam for a 250 MW/500 MWh standalone battery energy storage system.
• A fire accident caused equipment damage at Premier Explosives' pyrotechnic manufacturing facilities.
• Quess Corp received an income tax refund, including interest, of Rs 124.80 crore for FY24.
• Tata Elxsi is collaborating with Qualcomm to develop a virtual electronic control unit (ECU) platform for automakers.
• Rama Phosphates shareholders approved a share sub-division.
• Utkarsh Small Finance Bank reported total deposits up 33.5% YoY and 3.5% QoQ, reaching Rs 20,172 crore.

Date: 3rd January 2025 Stock Market Highlights

Stock market today witnessed a shift in momentum as bears dominated Dalal Street on January 3, pulling the Nifty close to slipping below the critical 24,000 mark. This decline was driven by selling pressure in IT, Pharma, and Banking stocks. However, buying interest in media and oil & gas sectors helped contain the overall losses.

• Sensex fell by 720.60 points or 0.90 percent, closing at 79,223.11.
• Nifty declined by 183.90 points or 0.76 percent, ending at 24,004.75.
• Bank Nifty ended the day with a surge of 616.75 points or 1.20% at 50,988.80

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Banking, capital goods, IT, and pharma sectors each dropped by 1 percent.
• Oil & gas and media sectors each gained 1 percent.

Market Update

• Western Carriers secures a work order from Vedanta.
• Bharti Airtel plans to acquire a 26% stake in AMP Energy.
• Avenue Supermarts reports a 17.5% increase in Q3 revenue.
• V2 Retail achieves 25% same-store sales growth in Q3.
• Bank of Maharashtra's Q3 total business rises 16.9% to Rs 5.08 lakh crore compared to Rs 4.34 lakh crore YoY.
• Varun Beverages invests Rs 412.8 crore in its subsidiary.
• IRFC signs an MoU with REMC.
• RITES receives a work order worth Rs 69.78 crore.
• Wockhardt obtains CDSCO approval for Miqnaf.
• NHPC gets a second gross payment of Rs 250 crore under the Mega Insurance Policy.
• KPI Green's arm secures Letters of Intent for a 32.15 MW solar power project.
• Biocon's subsidiary receives approval for Tacrolimus capsules.
• Allcargo Logistics voluntarily liquidates its subsidiary.
• PB Fintech incorporates a wholly owned subsidiary.
• Afcons Infrastructure receives a Letter of Intent worth Rs 1,084.54 crore from DRDO.
• Shiva Texyarn secures an order from the Defence Ministry.
• Cupid bags an order from the Tanzanian government.
• Aarti Pharmalabs ordered to shut operations at its Vapi plant.
• KEC International wins orders worth Rs 1,097 crore in UAE and the US.
• MCA approves the merger of Lanco Teesta Hydro Power with NHPC.

Date: 2nd January 2025 Stock Market Highlights

Stock market today extended its winning streak into the second trading session of 2025, with the Nifty crossing 24,200 intraday. Broad-based buying, led by Auto stocks following strong December sales figures, drove the market higher.

• Sensex was up by 1436.3 points or 1.83%, closing at 79,943.71
• Nifty concluded the day at 24,188.65, increasing by 445.75 points or 1.88%.
• Bank Nifty ended the day with a surge of 544.95 points or 1.07% at 51,605.55

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• All sectoral indices ended in the green.
• Auto index rose by 3.5%.
• IT index gained 2%.
• BSE Midcap and Smallcap indices each added 1%.

Market Update

• Tata Motors reported a 1% increase in total domestic sales at 76,599 units year-on-year.
• Ambuja Cements received an observation letter from the BSE.
• Ashok Leyland’s total sales grew by 5% to 16,957 units compared to 16,154 units year-on-year.
• Maruti Suzuki India’s production declined by 30.3% in December 2024.
• South Indian Bank's Q3 advances rose by 11.94% to ₹86,965 crore from ₹77,686 crore year-on-year.
• Goa Carbon resumed operations at its Bilaspur unit.
• RailTel Corporation secured a ₹78.43 crore work order from Bharat Coking Coal.
• NMDC's iron ore production increased by 5.1% year-on-year.
• Sahaj Solar received a ₹36.42 crore order from Tripura Renewable Energy Development Agency.
• Ugro Capital plans to acquire a stake in MyShubhLife, a Bengaluru-based embedded finance fintech platform.
• Waaree Energies bagged a 150 MWp supply order for solar modules.
• HDFC Life received a GST demand and interest notice worth ₹261 crore.
• India’s December Manufacturing PMI stood at 56.4 compared to 56.5 in the previous month.
• Ind-Swift Laboratories completed the purchase of land at Derabassi, Punjab, for ₹17.72 crore.
• Federal Bank implemented Nucleus Software’s 'FinnAxia.'
• Sunita Tools’ arm received a Letter of Intent for supplying empty artillery shells (155mm M107).
• Goyal Salt plans to invest ₹80 crore in a salt manufacturing plant in Gandhidham.
• Hyundai Motor India introduced the Hyundai CRETA Electric.
• Godawari Power completed a 51% acquisition of Jammu Pigments.
• TVS Motor sold 3.21 lakh units in December 2024.
• Punjab National Bank's domestic advances increased by 14% to ₹10.6 lakh crore compared to ₹9.3 lakh crore year-on-year.
• Vishnu Prakash R Punglia secured an order worth ₹433.1 million.
• Force Motors received an order for 2,429 diesel ambulances from the Health & Family Welfare Department of Uttar Pradesh.
• Indian Oil will operate fuel stations at Noida International Airport.
• Divi’s Laboratories commenced commercial operations at its Unit III greenfield project in Kakinada, Andhra Pradesh.

Date: 1st January 2025 Stock Market Highlights

Stock market today saw a sharp rebound in the first trading session of 2025 on Wednesday, following early declines. The rally was driven by strong auto sales data and growing optimism ahead of the upcoming Union Budget.

• Sensex was up by 368.40 points or 0.47%, closing at 78,507.41
• Nifty concluded the day at 23,742.90, increasing by 98.10 points or 0.41%.
• Bank Nifty ended the day with a surge of 200.40 points or 0.39% at 50,060.60

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Except for the realty and metal sectors, all other sectoral indices are trading in the green.
• The auto and capital goods indices have gained 1% each.
• The BSE Midcap index rose by 0.4%, while the Smallcap index increased by 1%.

Market Update

• India’s core sector growth rose to a four-month high of 4.3% in November.
• Jet fuel (ATF) prices reduced by Rs 1,401 per kiloliter, bringing the price to Rs 90,455.47 per kiloliter in Delhi.
• NCC received a new order worth Rs 349.70 crore in December 2024.
• IREDA reported a 129% increase in loan sanctions and a 36% rise in loan disbursements for 2024.
• Pennar Industries signed a joint venture agreement with Zetwerk Manufacturing.
• Sun Pharma entered into an agreement with Zaza Industrial Holdings KK, Japan, to sell 100% of its shares in Sun Pharma Japan Technical Operations.
• Kalpataru Projects International secured new orders worth Rs 1,011 crore.
• VA Tech Wabag received an order worth Rs 145 crore from Chennai Petroleum Corporation.
• The Competition Commission of India approved Authum Investment's acquisition of a stake in Prataap Snacks.
• Viacom18 became a subsidiary of Reliance Industries.
• India's fiscal deficit for April-November reached Rs 8.5 lakh crore, accounting for 52.5% of the FY25 target.
• Bajaj Auto's total sales in December rose 8% to 3.55 lakh units, compared to 3.28 lakh units in the same period last year.
• Escorts Kubota reported tractor sales of 5,472 units in December 2024.
• SJVN signed an MoU with the Bihar government for the development of the 1,000 MW Hathidah Durgawati Pumped Storage Project and other PSPs.
• ITC completed the demerger of its hotel business into ITC Hotels, effective immediately.
• South West Pinnacle Exploration won a contract for CBM production.
• Piramal Enterprises invested Rs 1,000 crore in its subsidiary, Piramal Capital & Housing Finance, through a rights issue subscription.
• Utkarsh Small Finance Bank sold its microfinance portfolio to an Asset Reconstruction Company.
• Ramco Cement doubled its waste heat power capacity at the Alathiyur unit to 4 MW.
• Vishnu Prakash R Punglia secured a contract worth Rs 7.3 crore from Hissar Builders.
• Dynacons Systems received a data centre project from Canara Bank.
• LT Foods completed the acquisition of a 17.5% stake in Nature Bio-Foods.
• Hyundai Motor reported a 2.4% decline in total sales for December 2024, with 55,078 units sold compared to 56,450 units in December 2023.
• Coal India’s production increased by 0.7% to 72.4 million tonnes in December 2024, up from 71.9 million tonnes in December 2023.
• The Tamil Nadu government cancelled the smart meter tender awarded to Adani Energy Solutions.
• APL Apollo reported Q3 sales volumes of 8.28 lakh tonnes, compared to 6.03 lakh tonnes in the previous year.
• Lloyds Metals achieved its highest-ever iron ore production over nine months.
• Jupiter Life Line Hospitals added 78 operational beds at its Indore facility as of January 1, 2025.
• A subsidiary of Reliance Power made a USD 150 million payment to IIFCL in the UK.
• The Cabinet approved an additional subsidy of Rs 3,850 crore for DAP fertilizer.
• GST collections for December 2024 stood at Rs 1.77 lakh crore.

Date: 31st December 2024 Stock Market Highlights

Stock market today, in the final trading session of 2024, experienced volatile swings before closing nearly flat, reflecting cautious sentiment. Happy New Year 2025!!

• Sensex decreased by 109.12 points, closing at 78,139.01
• Nifty gain by 13.25 points or 0.06%, settling at 23,658.15
• Bank Nifty ended the day with a loss of 65.75 points or 0.13% at 50,087

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Market Update

• Lupin acquires a diabetes drug from Eli Lilly to enhance its portfolio.
• Shriram Properties monetizes a 3.9-acre land parcel in Chennai.
• KP Green secures multiple orders worth ₹166 crore across various segments.
• Venus Remedies receives Good Manufacturing Practice certification from Moldova's Ministry of Health in Europe.
• Waaree Renewables secures a 2 GW Solar EPC order from Jindal Renewables.
• WS Industries bags an order worth ₹86 crore.
• India's April-November fiscal deficit stands at ₹8.5 lakh crore, or 52.5% of the FY25 target.
• NPCI extends the 30% market share cap on UPI apps for another two years and removes user limits for WhatsApp.

Date: 30th December 2024 Stock Market Highlights

Stock market today saw a decline on Monday, mirroring losses in Asian markets, which mostly ended lower following a selloff in US technology shares last Friday.

• Sensex decreased by 450.94 points, closing at 78,248.13
• Nifty fell by 168.5 points or 0.57%, settling at 23,644.90
• Bank Nifty ended the day with a loss of 358.55 points or 0.70% at 50,952.75

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty Realty was the worst performer, declining 1.5%.
• Nifty Auto and Metal fell 1.4% and 1.3%, respectively.
• Nifty Healthcare led the gains, rising 1.3%.
• Nifty IT and FMCG gained 0.6% and 0.3%, respectively.

Market Update

• Biocon completes the final payment for acquiring Viatris.
• Senores Pharmaceuticals debuts on the stock market with a 53% premium over its IPO price.
• Carraro India lists at an 8% discount to its IPO price.
• Ventive Hospitality shares list with a 12% premium over the IPO price.
• IOL Chemicals and Pharmaceuticals approves a one-for-five stock split.
• Alkyl Amines reports a rupture in a residue tank at its Pune derivatives plant.
• KEC International finalizes the Business Transfer Agreement (BTA) for its cable business to KEC Asian Cables.
• Skipper clarifies that an omission in financial results will not impact overall performance.
• Sunita Tools secures an annual contract to supply CI Casting worth Rs 66 lakh.
• The Income Tax Appellate Tribunal quashes a Rs 173 crore penalty order against Suzlon Energy.
• Rockingdeals plans a Rs 100 crore investment to fuel growth and targets Rs 500 crore revenue by FY27.
• KEC International secures orders worth Rs 1,073 crore across various business segments.
• AVG Logistics plans to acquire a major stake in Kaizen Logistics.
• Mahindra Electric receives Rs 650 crore as the final tranche of funding from British International Investment.
• Adani Enterprises announces plans to exit its Wilmar JV in a $2 billion deal and reinvest the proceeds into core infrastructure projects.
• JSW Energy’s subsidiary acquires 4.7 GW of renewable energy assets.

Date: 27th December 2024 Stock Market Highlights

Stock market today saw Indian markets closing higher on December 27, supported by gains in Asian equities. European markets also showed positive momentum during light holiday trading, reflecting strength in Asian stocks. The Stoxx Europe 600 rose by 0.2 percent as trading resumed after a two-day holiday break. However, US equity futures slipped slightly after a quiet Thursday session on Wall Street. Both Treasury yields and the dollar remained stable.

• Sensex increased by 0.29 points, closing at 78,699.07
• Nifty surged by 63.20 points or 0.27%, settling at 23,813.40
• Bank Nifty ended the day with a gain of 140.60 points or 0.27% at 51,311.30

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty Auto Index led with a 1 percent rise, followed by Nifty Healthcare at 0.8 percent and Nifty Bank at 0.3 percent.
• Nifty Metal and PSU Bank fell 1 percent each,
• Nifty Oil & Gas declined 0.7 percent. Nifty Realty and Consumer Durables both shed 0.5 percent.

Market Update

• Gujarat Fluorochem to sell a 57 MW captive power plant to its subsidiary IGREL Mahidad and invest in two other subsidiaries.
• Abakkus Asset Manager acquires a 1.18% stake in Aarti Pharmalabs.
• Sumitomo Mitsui Financial Group invests Rs 3,000 crore into SMFG India Credit via a rights issue.
• Ircon International secures a contract worth Rs 89 crore.
• Suyog Telematics signs an MoU to acquire a 100% stake in Lotus Tele Infra.
• VA Tech Wabag wins a Rs 700 crore wastewater treatment order in Zambia.
• Ultratech acquires an 8.69% stake in Star Cement for Rs 851 crore.
• IndusInd Bank to sell its MFI retail loan pool.
• Gensol Engineering bags an EPC contract worth Rs 897.47 crore.
• Power Mech Projects secures a Rs 186 crore order from Jaiprakash Power Ventures.
• Jubilant FoodWorks signs an MoU with Coca-Cola India.
• NHPC revises losses from the Teesta-V Power Station flash flood in Sikkim to Rs 1,075.97 crore.
• Dixon Technologies’ subsidiary signs an MoU with Cellecor Gadgets.
• RBL Bank sells an 8.16% stake in DAM Capital Advisors through an OFS.
• NTPC Green Energy starts operations of a 37.5 MW capacity solar PV project in Sadla, Gujarat.
• Garware Technical receives BSE approval for a bonus issue of 4 shares for every 1 share held.
• NBCC secures orders worth Rs 369 crore.
• SKF India board approves the demerger of its industrial business into SKF India (Industrial).
• Zaggle Prepaid signs a service agreement with Mahindra First Choice Wheels.
• Lemon Tree Hotels signs a license agreement for a new hotel in Bapane, Maharashtra.
• Mafatlal Industries secures a Rs 61 crore order from the Odisha government to supply sanitary napkins to schools.
• Choice International receives SEBI approval to establish a mutual fund arm.
• Western Carriers (India) secures a work order from Lhaki Steels & Rolling in Bhutan for rake movement.
• Adani Ports places India’s largest tug order worth Rs 450 crore with Cochin Shipyard under the Make in India initiative.
• Max Estates achieves Rs 845 crore in pre-sales bookings for its Noida project.

Date: 26th December 2024 Stock Market Highlights

Stock market today ended almost flat in another volatile session on December 26, with the Nifty settling at 23,750. Gains in Auto, Pharma, and Energy stocks provided stability amid the choppy trade.

• Sensex decreased by 0.39 points, closing at 78,472.48
• Nifty surged by 22.55 points or 0.10%, settling at 23,750.20
• Bank Nifty ended the day with a fall of 62.3 points or 0.12% at 51,170.70.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• On the sectoral front, buying was witnessed in auto, energy, pharma, realty, and PSU Bank.
• Selling pressure was observed in metal, FMCG, and media sectors.
• The BSE midcap and smallcap indices closed flat.

Market Update

• Gland Pharma receives 10 observations from France's drug regulator.
• Ceigall India arm signs concession agreement with NHAI for a Rs 981 crore project.
• Apollo Hospitals' arm to acquire software business from Searchlight Health for Rs 67.5 crore.
• Ramky Infra gets LoA for a Rs 215.08 crore project from Hyderabad Metropolitan Water Supply & Sewerage Board.
• Panacea Biotec secures LoA from UNICEF to supply 115 million doses of Bivalent Oral Polio Vaccine worth $14.95 million in FY25.
• BPCL emerges as the lowest bidder for NTPC's 150 MW ISTS-connected solar PV project with an estimated capital outlay of Rs 756.45 crore.
• NALCO signs mining lease deed for Utkal-D & Utkal E-coal blocks to boost output to 4 MTPA.
• UltraTech Cement to acquire a 26% equity stake in Clean Max Sapphire.
• Welspun Corp's associate secures a Rs 130 crore contract.
• TVS Motor subsidiary plans to redeem 5.31 lakh Series A Preferred Stock of Scienaptic Systems, Inc.
• Ceigall India bags another project worth Rs 981 crore.
• EPACK Durable clarifies reports of a Chinese firm acquiring a stake in its subsidiary.
• Archies partners with Al Hasnae Gifts to expand into GCC markets.
• Apollo Hospitals' arm to acquire the intellectual property of Searchlight Health.
• Bharat Forge board approves capital infusion into a subsidiary.
• Beta Drugs to migrate from the SME platform to the main board.
• Goa Carbon temporarily shuts its Goa unit for maintenance.
• Dhruv Consultancy Services JV secures an order worth Rs 44 lakh.
• IRDAI issues a certificate of registration to act as a Corporate Agent.
• EaseMyTrip expands its retail presence with a new franchise store in Srikalahasti, Andhra Pradesh.
• Kody Technolab to form a joint venture with Platinum Group in the UAE.
• Macrotech Developers receives an arbitration award to pay Rs 40 crore to a vendor.
• Panacea Biotec receives UNICEF's Letter of Award for 115 million doses of bivalent oral polio vaccine.
• ACME Solar Holdings secures Rs 1,988 crore in financing from PFC.

Date: 24th December 2024 Stock Market Highlights

Stock market today saw a volatile session on December 24, ending with marginal losses as the Nifty managed to stay above 23,700.

• Sensex decreased by 67.30 points or 0.09%, closing at 78,472.87
• Nifty fell by 25.8 points or 0.11%, settling at 23,727.65.
• Bank Nifty ended the day with a fall of 84.6 points or 0.16% at 51,233.

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Buying activity was observed in the auto, FMCG, and oil & gas sectors.
• Selling pressure was seen in the IT, media, metal, and PSU Bank sectors.
• BSE midcap index closed flat.
• BSE smallcap index gained 0.3%.

Market Update

• HG Infra arm signs battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam.
• MIC Electronics gets capacity and capability assessment approval for GPS-based PAPIS.
• Whirlpool partners with PG Electroplast for contract manufacturing of semi-automatic washing machines.
• Bharat Forge to invest USD 64.50 million in its subsidiary, Bharat Forge America Inc.
• MTNL board approves a voluntary retirement scheme.
• Aurionpro acquires Fenixys SAS in Europe for €10 million.
• Oberoi Realty signs a development agreement for 81.05 acres in Alibaug, Maharashtra.
• BSE grants in-principle approval for Indef Manufacturing's listing application.
• Biocon receives Decentralised Procedure approval for Liraglutide in the EU.
• Adani Group to acquire Air Works for an enterprise value of Rs 400 crore.
• TPG Growth IV offloads a 2.02% stake in Solara Active via the open market on December 19.
• Nava shareholders approve a 1:2 sub-division of equity shares.
• TVS Motor completes its stake acquisition in DriveX.
• Astra Microwave forms Navictronics as a joint venture company with Manjeera Digital.
• TVS Holdings arm completes the acquisition of stakes in Radial (Phase II and III) IT Parks.
• BPCL begins pre-project activities for a greenfield refinery in Andhra Pradesh.
• Gulf Oil Lubricants India partners with Nayara Energy for automotive lubricants.
• Akums Drugs signs a Rs 1,760 crore CDMO pact with a European pharma major.
• Allcargo Gati board approves the sale of a fuel station in Belagavi, Karnataka.
• Dr Reddy’s Laboratories' arm incorporates a new subsidiary in Finland.
• Symphony adds a second addendum to its loan agreement with Symphony AU Pty.
• Central Bank of Sri Lanka fines Indian Bank via its Financial Intelligence Unit.
• HFCL opens a defence manufacturing facility in Hosur.
• Kwality Pharmaceuticals gets product approval for Tamoxifen 20mg tablets in South Africa.
• Newgen Software's Saudi Arabia unit secures a $2.27 million order.
• Lead consortium lender approves a one-time settlement proposal.
• TCI Express receives a GST demand order of Rs 51.36 crore for FY2017-18 to FY2021-22.
• Aarti Drugs receives an Establishment Inspection Report from the USFDA.

Date: 23rd December 2024 Stock Market Highlights

Stock market today rebounded sharply on December 23, breaking a five-day losing streak after posting the steepest weekly declines in over two years last week. The Nifty closed near 23,750, driven by strong gains in Realty, Banking, and Metal stocks.

• Sensex increased by 498.58 points or 0.64%, closing at 78,540.58
• Nifty surged by 165.95 points or 0.70%, settling at 23,753.45.
• Bank Nifty ended the day with a surge of 558.4 points or 1.10% at 51,317.60.

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Bank, FMCG, metal, oil & gas, energy, and realty sectors gained 0.5-1%.
• Media index declined by 0.4%.
• BSE Midcap index showed marginal gains.
• BSE Smallcap index fell by 0.6%.

Market Update

• CCI approves UltraTech Cement's acquisition of India Cements
• AGI Greenpac to raise up to Rs 1,500 crore through preferential issue, QIP, and other modes
• Aurobindo Pharma's arm CuraTeQ Biologics receives UK MHRA approval for cancer drug Bevqolva
• Zomato replaces JSW Steel in the Sensex
• Teamlease to acquire stakes in TSR Darashaw and Crystal HR to expand HR services
• NHPC signs MoU with Bihar Government to invest Rs 5,500 crore in solar energy and green hydrogen projects
• Fortis Health acquires a 7.61% stake in Agilus Diagnostics for Rs 429.37 crore
• JBM Auto's subsidiary secures a contract worth Rs 1,800 crore
• Sterling and Wilson Renewable Energy receives LoI for a new order worth Rs 1,200 crore
• SKF India board to discuss demerger on December 26
• iShares Cybersecurity and Tech ETF acquires over 1% stake in Protean eGov Technologies
• Poonawalla Fincorp implements AI across its human resources strategic business unit
• Vedanta decides against demerging its base metals undertaking
• Reliance Industries subsidiary to acquire a 45% equity stake in Health Alliance Group Inc
• L&T secures an order worth Rs 5,000-10,000 crore for K9 Vajra-T Artillery platforms
• Valiant Communications wins order worth Rs 812 lakh
• L&T Technology Services expands its collaboration with Siemens Digital
• Eight Roads Ventures and F-Prime Capital invest Rs 120 crore in Laurus Labs’ subsidiary
• TCS’ Africa arm to divest its 30% shares in TCS SA
• Shriram Finance sets January 10 as the record date for the share split
• IOC approves an investment of Rs 657.33 crore for a yarn project in Odisha
• Dev Information Technology launches advanced cybersecurity solutions
• JBM Auto’s subsidiary secures a second contract worth Rs 1,800 crore
• BEL secures orders valued at Rs 973 crore since December 9
• Marine Electricals wins an export order of Rs 8.56 crore from Société Minière de DASA SA
• Waaree Energies plans to set up a 300 MW Electrolyser manufacturing plant
• Adani Defence to acquire an 85.8% stake in Air Works India
• InterGlobe Aviation reports November market share at 63.6%, up from 63.3% in October
• BSE and NSE to conduct live trading sessions on February 1

Date: 20th December 2024 Stock Market Highlights

Stock market today registered its most significant weekly decreases in more than two years, each falling by over 5% due to the impact of worldwide market instability that significantly influenced investor confidence.

• Sensex fell by 1176.46 points or 1.49%, closing at 79,041.59
• Nifty declined by 364.2 points or 1.52%, settling at 23,587.50.
• Bank Nifty ended the day with a decline of 816.5 points or 1.58% at 50,759.20.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• All sectoral indices ended in the red.
• Realty index declined by 4%.
• Auto, IT, capital goods, metal, telecom, PSU bank indices fell by 2% each.
• The BSE Midcap and Smallcap indices dropped over 2% each.

Market Update

• Bank of England keeps interest rates steady at 4.75%, policy split widens.
• Accenture raises FY25 revenue forecast by 1 percentage point on forex revisions.
• Norges Bank purchases 16.59 lakh shares in Inventurus Knowledge Solutions.
• Peak XV Partners sells a 0.9% stake in Mobikwik.
• Bandhan Mutual Fund offloads 1.65% stake in Prataap Snacks.
• MTAR Technologies secures orders worth ₹226 crore.
• Waaree Energies arm begins trial production at Brookshire units.
• Dhanlaxmi Bank board approves rights issue at ₹21/share; issue dates: Jan 8–28, 2025.
• GE Vernova T&D India wins ₹400 crore order from Sterlite Grid 32.
• Zodiac Energy secures its first international rooftop order.
• Exide Industries arm signs binding term sheet with Hyundai Motor.
• KPI Green Energy signs MoU with Rajasthan government.
• IndiGo board approves USD 43M loan to the subsidiary.
• Airtel and Zee5 partner to provide Zee5 content to Airtel WiFi users.
• Schaeffler India appoints Sharad Bhatia as Head of Vehicle Lifetime Solutions.
• Aimtron Electronics enters a manufacturing deal with Vanix Technologies.
• Tata Power RE partners with Canara Bank for the PM Surya Ghar Scheme.
• South West Pinnacle Exploration wins ₹60 crore order from Oil India.
• Carborundum Universal upgraded to 'reduce' by Kotak Institutional Equities.
• Bajaj Auto Chetak e-scooter's starting price is ₹1.20 lakh.
• NBCC secures ₹200 crore order from Oil India.
• Mufin Green Finance signed an agreement with US government development finance institution.
• EPL board approves subsidiary incorporation in Thailand.
• Shriram Finance consolidates green finance business under Shriram Green Finance.
• SpiceJet partners with standardAero for 737-8 MAX aircraft servicing.
• Alembic Pharma receives USFDA approval for Divalproex Sodium delayed-release capsules.
• GAIL to form a finance subsidiary at GIFT City IFSC.
• Shilpa Medicare gets EMA GMP certification for the Telangana unit.
• Praveg ties up with Mahindra Holidays for three years on its properties.
• Adani Group to invest ₹200 billion in a thermal power plant in Bihar.

Date: 19th December 2024 Stock Market Highlights

Stock market today saw India’s benchmark indices, Sensex and Nifty, plunging over 1% on December 19, extending their losing streak to the fourth consecutive session. Investor sentiment remained weak as global markets faced a downturn following the US Federal Reserve's cautious stance on rate cuts. The Fed revised its outlook, projecting only two rate cuts in 2025 instead of the previously estimated four, unsettling markets globally and weighing heavily on domestic indices.

• Sensex fell by 964 points or 1.2%, closing at 79,218.
• Nifty declined by 247.6 points or 1.02%, settling at 23,951.25.
• Bank Nifty ended the day with a decline of 563.85 points or 1.08% at 51,575.70

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• On the sectoral front, the Pharma and Healthcare indices gained over 1%
• IT, Defence, and Financials saw a decline of more than 1%.

Market Update

• Transrail Lighting secures Rs 246 crore from anchor investors ahead of its Rs 839 crore IPO.
• IKS shares debut with a strong 41% premium over IPO price.
• JSW Infra targets 400 mtpa cargo-handling capacity by FY30 as part of its expansion plans.
• Lupin gains in a weak market after receiving FDA approval for generic HIV tablets.
• Stove Kraft pares gains after rising 6% on announcing a partnership with IKEA for cookware sales.
• Zydus Life secures final USFDA approval for Lidocaine & Prilocaine Cream.
• Tata Motors gets an additional order for 148 electric buses from Bengaluru Metropolitan Transport Corporation.
• Mazda wins an export order worth Rs 98 crore, boosting its order book.
• Waaree Renewable Tech's board approves the listing of its shares on NSE.
• Nazara Technologies arm acquires AFK Gaming in a Rs 7.6 crore deal to enhance its gaming portfolio.
• JK Cement emerges as the successful bidder for Mahan Coal Mine in Singrauli District, Madhya Pradesh.

Date: 18th December 2024 Stock Market Highlights

Stock market today witnessed continued selling pressure as the benchmark indices extended their losing streak for the third straight session on December 18. The bearish sentiment dominated trading as investors stayed cautious, keeping a close watch on the Federal Reserve's upcoming rate decision expected tonight. Concerns around global economic conditions and policy outlook added to the cautious approach in the markets.

• Sensex dropped by 502.25 points or 0.62%, closing at 80,182.20.
• Nifty ended lower by 137.15 points or 0.56%, settling at 24,198.85.
• Bank Nifty ended the day with a decline of 695.25 points or 1.32% at 52,139.55

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• On the sectoral front, pharma was the only gainer, rising 1%.
• All other indices ended in the red, with auto, energy, PSU Bank, metal, media, and realty sectors falling by 0.5-2%.

Market Update

• Exide Industries invests Rs 100 crore in its subsidiary.
• Ambuja Cements' board approves the merger of Sanghi Industries and Penna Cement Industries.
• Aurobindo Pharma receives two observations from USFDA.
• RITES secures an order worth Rs 122 crore.
• Inox Wind bags an order from Serentica Renewables.
• Gensol Engineering wins a 22 MW solar PV project valued at Rs 88 crore.
• Pine Oak Global Fund acquires a 0.56% stake in Mos Utility.
• FIH Private Investments picks up a 1.45% stake in Fairchem Organics.
• Gujarat Industries Power's board approves an EPC contract award.
• Jindal Saw signs a share purchase agreement with ReNew Green Energy.
• Sai Life Sciences shares list at an 18% premium on NSE, surpassing GMP expectations.
• Vishal Mega Mart IPO delivers a strong debut with a 33% premium listing on NSE.
• J Kumar Infraprojects bags an order from NBCC.
• ITC sets January 6 as the record date for the demerger of its hotel business.
• Adani Energy Solutions incorporates a wholly owned subsidiary.
• KFin Technologies joins BlackRock’s Aladdin Provider Network.
• Eiko Lifesciences enters into a container management agreement with S J Logistics.
• HCL Tech launches an innovation lab for SAP Business AI in Germany.

Date: 17th December 2024 Stock Market Highlights

Stock market today extended its losing streak for the second consecutive session on December 17, as broad-based selling pressure dragged the indices lower. Weakness was seen across sectors, led by auto, financials, metal, and oil & gas stocks. Investor sentiment remained cautious amid global uncertainties and profit-booking at higher levels, contributing to the market's decline.

• Sensex declined by 1,064.12 points or 1.30%, closing at 80,684.45.
• Nifty ended the day at 24,336, down by 332.25 points or 1.35%.
• Bank Nifty ended the day with a decline of 746.55 points or 1.39% at 52,834.80

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Broader indices underperformed, with the BSE Midcap and Smallcap indices falling 0.5% each.
• On the sectoral front, all indices ended in the red.
• Auto, bank, energy, metal, and oil & gas sectors declined by 1% each.

Market Update

• Mankind Pharma launches a Rs 3,000 crore QIP.
• Table Space appoints 4 banks and begins work on a Rs 3,500 crore-plus IPO.
• ADIA likely to offload a 9.2% stake in Mindspace Business Parks REIT.
• Kuber Investments acquires a 0.5% stake in Forcas Studio.
• HDFC Bank receives an administrative warning letter from SEBI.
• Texmaco Rail & Engineering bags an order worth Rs 187.41 crore.
• Gravita India’s QIP opens on December 16.
• Nitco secures a new order valued at Rs 105.40 crore.
• Rail Vikas Nigam secures an LoA for a Rs 270 crore project.
• Varun Beverages acquires a 39.93% stake in Lunarmech Technologies.
• Jungle Camps shares debut at a 90% premium on BSE SME.
• Toss The Coin shares list with a 90% premium on BSE SME.
• Religare Enterprises' arm gets a show-cause notice from IRDAI.
• Granules India secures FDA approval for ADHD treatment.
• RMC Switchgears bags a Rs 90 crore order for 5,000 solar pumps.
• ITC hotel business demerger to take effect on January 1.
• RailTel Corporation receives a Rs 37.99 crore work order from Central Warehousing Corporation.
• Wipro to acquire full 100% shareholding in Applied Value Technologies.
• LIC of India picks up a 0.03% stake in SRF.
• RMC Switchgears shares rise 5% on the Rs 90 crore order win.
• Genesys International wins a Rs 56 crore project for land records modernization in West Bengal.
• Unimech Aerospace & Manufacturing’s Rs 500-crore IPO to open on December 23.
• NMDC sets December 27 as the record date for its bonus issue.

Date: 16th December 2024 Stock Market Highlights

Stock market today ended on a weaker note as the Indian benchmark indices ignored the fall in WPI and erased part of the previous session's gains. On December 16, the Nifty slipped below 24,700 due to selling pressure in IT, metal, oil & gas, and FMCG stocks. However, buying interest in realty, PSU banks, and media stocks helped limit the downside. Market sentiment remained cautious amid mixed global cues and sector-specific trends.

• Sensex fell by 384.55 points or 0.47%, closing at 81,748.57.
• Nifty ended the day at 24,668.25, down by 100.05 points or 0.40%.
• Bank Nifty ended the day with a decline of 2.45 points at 53,581.35

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Broader indices outperformed, with the BSE Midcap and Smallcap indices gaining up to 0.3%.
• On the sectoral front, the realty index surged 3%, media gained 1.5%, and PSU Bank rose 0.5%.
• IT, metal, and oil & gas sectors declined by 0.5-1%.

Market Update

• Concord Enviro Systems to launch IPO on December 19 with a fresh issue of Rs 175 crore.
• GNG Electronics files draft papers with SEBI to raise Rs 825 crore via fresh issue.
• Dixon Technologies to establish a joint venture with vivo Mobile India.
• Waaree Energies’ subsidiary to acquire a 55% stake in Ewaa Renewable.
• Ventive Hospitality plans Rs 1,600-crore IPO, launching on December 20.
• DAM Capital Advisors' IPO to open on December 19, RHP filed.
• Lupin acquires three trademarks for anti-diabetes products.
• Reliance Industries takes a 74% stake in Navi Mumbai IIA.
• Zomato receives a GST demand order of Rs 401 crore.
• RITES secures a work order worth Rs 297.67 crore.
• Vedanta board to discuss the fourth interim dividend.
• Afcons Infrastructure bags LoA for a Rs 1,006.74 crore project.
• RMC Switchgears to invest Rs 100 crore in solar product manufacturing.
• Waaree Energies wins two orders for 398 MW solar module supply.
• Happy Forgings secures a Rs 140 crore order for crankshaft supply.
• Premier Roadlines bags multiple contracts worth Rs 30 crore.
• LG Electronics eyes a valuation of up to $15 billion for its India IPO.

Date: 13th December 2024 Stock Market Highlights

Stock market today witnessed high volatility, with Indian equity indices recovering sharply from the day's lows to close on a strong note. The rebound was driven by gains in auto, banking, telecom, and FMCG stocks. The BSE Sensex and Nifty50 surged over 2% from their intraday lows, supported by easing retail inflation and industrial growth hitting a three-month high of 3.5% in October.

• Sensex rose by 843.16 points or 1.04%, closing at 82,133.12.
• Nifty ended the day at 24,768.30, gaining 219.60 points or 0.89%.
• Bank Nifty ended the day with a decline of 30.15 points or 0.05% at 53,583.80

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Auto, banking, FMCG, and telecom sectors gained 0.5-2%.
• Realty, metal, and media sectors declined by 0.5% each.

Market Update

• Kalpataru Projects to raise up to Rs 1,000 crore.
• Ministry of Defence signs Rs 13,500 crore contract with Hindustan Aeronautics.
• Retail inflation drops to 5.48% in November.
• ECB reduces interest rates for the fourth time this year.
• Lemon Tree Hotels inks license agreement for a new hotel in Jharkhand.
• Endurance Technologies arm to acquire 60% stake in Stoferle Automotive GmbH and Stoferle GmbH, Germany.
• 360 ONE WAM unit to acquire equity shares in Maple Infra InvIT.
• Bluestone Jewellery files for IPO, plans Rs 1,000 crore fresh issue.
• Indus Towers signs power purchase agreement with JSW Green Energy.
• International Gemmological Institute raises Rs 1,900 crore from anchor investors in Rs 4,225-crore IPO.
• Gravita India’s Rs 1,000 crore QIP likely next week.
• Aye Finance board approves Rs 1,450 crore IPO, including Rs 885 crore fresh issue.
• Tata Motors to increase truck and bus prices by up to 2% from January 1.
• Mamata Machinery sets IPO price band at Rs 230-243 per share.
• Ambuja Cement starts power transmission from its 200 MW solar project in Khavda.
• Ecap Equities offloads 3.4% stake in Nuvama Wealth.
• Promoters exit completely from MTAR Technologies.
• Capri Global Holdings acquires 0.53% stake in Cantabil Retail.
• Zomato receives GST demand notice for Rs 401 crore.
• Bajel Projects wins contract from Solapur Transmission for supply of goods and services.
• Ashok Leyland bags order worth Rs 345.58 crore.
• CRISIL to invest Rs 33.25 crore in Online PSB Loans platform.
• NESCO declared highest bidder by National Highways Logistics Management.
• Firstsource Solutions partners with WebID Group.
• Veefin Solutions acquires 50% stake in Walnut AI Pte.
• Astra Microwave JV secures Rs 256 crore order from Ministry of Defence.
• ICICI Bank board approves sale of 19% stake in ICICI Merchant Services.
• SEBI proposes framework for retail algo trading, seeks comments by January 3.
• Madhav Infra Projects wins new railway order.

Date: 12th December 2024 Stock Market Highlights

The stock market today closed in the red on December 12, with Nifty settling near 24,550. The decline was driven by broad-based selling across sectors as investors remained cautious ahead of the retail inflation data expected later in the day and the WPI inflation data scheduled for Friday. Market sentiment was also influenced by global cues and concerns over economic trends.

• Sensex declined by 236.18 points or 0.29%, closing at 81,289.96.
• Nifty ended the day at 24,548.70, down by 93.10 points or 0.38%.
• Bank Nifty ended the day with a decline of 174.90 points or 0.33% at 53,216.45

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Broader indices underperformed the main indices, with both BSE Midcap and Smallcap indices ending in the red.
• On the sectoral front, except IT, all other sectoral indices closed lower.
• The Media index dropped by 2%, while the FMCG index declined by 1%.

Market Update

• Inventurus Knowledge Solutions secures Rs 1,120 crore through anchor investors.
• Gland Pharma gets USFDA approval for Phytonadione Injectable Emulsion.
• Vedanta board set to discuss fourth interim dividend declaration.
• Promoter sells 0.76% equity stake in Pitti Engineering.
• Saltoro Alpha LP acquires 0.3% equity in Valor Estate.
• 30 lakh shares of Nuvama Wealth worth Rs 2,100 crore traded at Rs 7,025 per share.
• Indian Overseas Bank to receive Rs 808 crore as a refund.
• 1 million shares of GMR Airports traded in a block deal, says Bloomberg.
• Waaree Energies secures LoA for a 170 MW solar power plant project.
• Godawari Power signs agreement with GAIL for RLNG gas supply.
• Emerald Tyre shares debut with a 90% premium on NSE SME.
• Shriram Finance completes sale of 84.44% stake in its housing finance arm.
• PC Jeweller board approves issuance of 5.17 crore shares to consortium lenders.
• Sammaan Capital board approves plans for fund-raising activities.
• TCS signs a five-year deal with Telenor Denmark.
• Zaggle Prepaid shares dip 3% as the firm plans Rs 950 crore QIP for expansion.
• Reliance Power subsidiary secures a 930 MW solar energy project.
• One MobiKwik Systems IPO subscribed 10.99 times by Day 2, 12:20 PM.
• Aayush Wellness bags $3 million order from Singapore-based Cosmos Holdings Pte.
• RVNL wins LoA for a Rs 110 crore project from Southern Railways.

Date: 11th December 2024 Stock Market Highlights

Stock market today ended slightly higher on December 11 as investors remained cautious ahead of key inflation data from the US and India. Market participants are keeping a close eye on the upcoming US Consumer Price Index (CPI) report, which could provide vital clues about the Federal Reserve's policy decision in the coming week.

• Sensex was up by 16.09 points or 0.02%, closing at 81,526.14
• Nifty concluded the day at 24,641.80 increasing by 31.75 points or 0.13%.
• Bank Nifty ended the day with a fall of 186.35 points or 0.35% at 53,391.35

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Buying observed in Auto, FMCG, IT, and Metal sectors.
• PSU Bank index declined by nearly 1%.
• BSE Midcap and Smallcap indices increased by 0.3% each.

Market Update

• NTPC Green secured a 500 MW solar power project in an e-reverse auction conducted by SECI.
• HG Infra received a LoA from the Ministry of Road Transport & Highways for a Rs 763 crore project.
• Asian Granito announced a joint venture with Shudh Investments and the UK's Klyn Stone.
• LTIMindtree partnered with GitHub Forge to enhance AI-driven software engineering.
• BEML bagged an Rs 84 crore order from the Defence Ministry.
• Indian Overseas Bank received an order confirming a refund of Rs 1,359.29 crore from the Income Tax Department for AY 2015-16.
• Ashiana Housing reported searches conducted by DGGI at Treehouse Hotel Club & Spa in Bhiwadi on December 6.
• NCLT approved Reliance Strategic Business Ventures' resolution plan for Karkinos Healthcare.
• Khattri Perfumers acquired a 2.13% stake in Kothari Products.
• Adani Ports announced plans to commission its Sri Lanka project by early next year.
• Glance partnered with Airtel Digital TV to launch Glance TV.
• Aurionpro Solutions secured an order with a leading bank in Saudi Arabia.
• Morepen Laboratories introduced "LightLife," a weight management program.
• Asahi India Glass signed a share purchase agreement with SPR Engenious.
• JSW Steel received a GST penalty order of Rs 64.5 crore.
• Hinduja Global Solutions' arm approved the merger of five wholly owned US subsidiaries with itself.
• Ugro Capital received a patent for its credit scoring model, "GRO SCORE."
• Inox Green Energy entered solar manufacturing through its privately held entity, Inox Solar.
• Greaves Cotton's arm unveiled its participation in "bauma CONEXPO India 2024."
• Tesla entered discussions with DLF for showroom space in India.
• Reliance Infra established a wholly-owned unit to engage in EV-related activities.
• VIP Clothing collaborated with Swiggy Instamart for 10-minute deliveries of its Frenchie brand.
• Tata Power partnered with Tivolt to enhance EV charging infrastructure for commercial vehicles in India.
• Dee Development Engineers received a $16.5 million purchase order from an international client.
• Bharat Global secured a supply contract with Tata Agro for premium agricultural commodities.
• Diamond Power planned to acquire machinery worth Rs 49.74 crore.
• Swiggy launched "One BLCK," an invite-only premium membership.
• Shakti Pumps received a Letter of Empanelment worth Rs 754 crore from Maharashtra State Electricity Distribution Company.
• IPOs of Vishal Mega Mart, Sai Life Sciences and Mobkwik subscribed 0.47 times, 0.84 times and 7.41 times respectively on the first day of the bidding.

Date: 10th December 2024 Stock Market Highlights

Stock market today concluded on a flat note after a highly volatile session on December 10. Following a flat to positive opening, the indices remained in positive territory during the first half. However, profit booking in the latter half pushed the Nifty into the red. Late-hour buying, particularly in IT and Realty stocks, helped recover the losses, leading to a near-unchanged close.

• Sensex was up by 1.59 points, closing at 81,510.05
• Nifty concluded the day at 24,610.05 decreasing by 8.95 points or 0.04%.
• Bank Nifty ended the day with a surge of 169.95 points or 0.32% at 53,577.70

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Broader indices outperformed the main indices, with BSE Midcap and Smallcap indices gaining 0.3% each.
• On the sectoral front, power, telecom, and media declined by 0.5-1%.
• IT, metal, PSU Bank, and realty sectors rose by 0.4-1%.

Market Update

• JSW Steel reports consolidated crude steel production at 23.23 lakh tonnes for November.
• Brookfield India REIT launches QIP to raise up to Rs 3,500 crore; floor price set at Rs 287.55/share.
• Bajaj Healthcare enters into a definitive CDMO contract with UK/EU-based companies for 15 new APIs.
• ISGEC Heavy Engineering arm to sell its stake in Bioeq Energy to Triumph Excel for Rs 84.5 crore.
• Vodafone Idea selects Tejas Networks to scale its backhaul capacity for 4G and 5G rollouts.
• Tata Motors announces a price hike for its cars starting January 2025.
• Bharat Electronics receives additional orders worth Rs 634 crore.
• Metropolis Healthcare acquires Core Diagnostics for Rs 246.8 crore.
• Karur Vysya Bank reduces lending rates by 5-10 basis points.
• Glenmark Pharma arm presents clinical data from Phase 1 study of Trispecific TREAT Antibody, ISB 2001.
• Best Agro signs an MoU with Shanghai E-Tong Chemical for agrochemical R&D.
• Vodafone Idea to issue 175.53 crore equity shares to Usha Martin Telematics and Omega Telecom Holdings.
• Hardwyn India signs an MoU with Gyalsung Infra, Bhutan.
• NHPC to meet on December 12 to consider a revised borrowing plan.
• Coforge partners with ACORD Solutions Group for global insurance modernisation.
• Corona Remedies, backed by ChrysCapital, plans an IPO of up to Rs 2,000 crore.
• NBCC bags an order worth Rs 432 crore from the Central University of Odisha.
• Net equity inflow in November 2024 stands at Rs 35,927.3 crore, compared to Rs 41,865.4 crore in October 2024.
• GE Vernova T&D India bags an order worth Rs 400 crore.
• RailTel Corporation receives a Rs 24.5 crore work order from Haryana State Electronics Development Corporation for CAMC.
• Lemon Tree Hotels signs a license agreement for a resort in Mirik, West Bengal.
• LGB Forge to set up a new hot forging plant in Kinathukadavu, Coimbatore.
• Lumina Datamatics to acquire a controlling stake in TNQTech, a Chennai-based publishing technology company.
• IGL board approves a bonus issue of 1 share for every 1 held.
• Alkem Laboratories to transfer its trade generics business to Alkem Wellness through a slump sale.
• Cineline India approves the sale of Hyatt Centric Goa for Rs 270 crore.
• Shriram Pistons arm to acquire a 100% equity stake in TGPEL Precision Engineering.
• IPOs of Vishal Mega Mart, Sai Life Sciences and Mobkwik to open from tomorrow.

Date: 9th December 2024 Stock Market Highlights

The stock market today observed a sideways trajectory on the 9th of December and concluded with a decrease for the second day in a row, as the Nifty index finished close to 24,600 following selling pressure in sectors such as FMCG, PSU Banks, automobiles, and pharmaceutical companies.

• Sensex was down by 200.66 points or 0.25%, closing at 81,5080.46
• Nifty concluded the day at 24,619 decreasing by 58.8 points or 0.24%.
• Bank Nifty ended the day with a fall of 101.75 points or 0.19% at 53,407.75

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• FMCG and Media sectors declined by 2% each.
• Pharma, PSU Bank, Auto, and Energy sectors were down 0.5 percent each.
• The metal sector gained 0.6 percent.
• Capital Goods sector added 1 percent.
• BSE Midcap index increased by 0.3 percent.
• BSE Smallcap index rose by 0.5 percent.

Market Update

• Tembo Global declared as the lowest bidder for a water treatment project in Northern India.
• JSW Energy arm receives LoA from NTPC for setting up a 400 MW solar power project.
• Ceat to acquire Camso brand off-highway tyres and tracks business from Michelin for USD 225 million.
• Welspun Corp secures two additional orders in the US worth Rs 7,000 crore for HSAW pipes and coated pipes.
• EaseMyTrip to acquire a 49% stake in Pflege for Rs 30 crore through a share purchase agreement.
• Delta Corp revises its demerger plan for hospitality and real estate businesses.
• NLC India wins bid for Patrapara South Coal Mine in Odisha, awarded by the Ministry of Coal.
• Biocon receives an Establishment Inspection Report (EIR) with VAI status from the USFDA.
• Paytm arm to sell stock acquisition rights in Japan-based PayPay Corporation.
• Suven Pharma to acquire a 56% stake in US-based NJ Bio, Inc.
• RITES secures a $9.71 million order from the Ministry of Public Works, Guyana.
• Alembic Pharmaceuticals dissolves six step-down subsidiaries.
• Hyundai Motor India plans to install nearly 600 fast public EV chargers.
• Kernex Micro Systems secures a contract worth Rs 2,041.04 crore.
• Laurus Labs to receive Rs 120 crore investment from Eight Roads Ventures and F-Prime Capital.
• Navin Fluorine's arm starts commercial operations at its Dahej, Gujarat plant.
• Wipro collaborates with SIAM.AI as part of the NVIDIA Cloud Partner program in Thailand.
• Styrenix board approves the acquisition of INEOS Styrolution for USD 20 million.
• Sumit Woods to develop a new project with an estimated revenue potential of Rs 230 crore.
• Grasim Industries commissions an expansion project for caustic soda lye at its Gujarat plant.
• Star Health receives a show cause notice from IRDAI for non-compliance with regulations.
• Trident Group to invest an additional Rs 3,000 crore in Madhya Pradesh’s textile sector.
• Zaggle Prepaid partners with HDFC Bank to offer credit cards integrated with Zaggle software.
• Waaree Energies secures an order to supply up to 1 GW of solar modules.
• MapmyIndia decides not to make any equity or debt investment in a proposed new company.
• Supriya Lifescience obtains ANVISA approval for Esketamine Hydrochloride.
• Railtel Corporation of India wins orders worth Rs 13 crore and Rs 16 crore from South Central Railways and EPFO.
• Baazar Style Retail closes operations of two Style Baazar stores in Raigarh, Chhattisgarh, and Dhanbad, Jharkhand.

Date: 6th December 2024 Stock Market Highlights

The stock market today ended on a volatile note, with the Indian benchmark indices closing with minor losses on December 6. The Nifty slipped below 24,700 after the RBI met market expectations by keeping the repo rate unchanged while announcing a CRR cut to enhance liquidity.

• Sensex was down by 56.74 points or 0.07%, closing at 81,709.12
• Nifty concluded the day at 24,67.80, decreasing by 30.6 points or 0.12%.
• Bank Nifty ended the day with a fall of 94.05 points or 0.18% at 53,509.50

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Most sectoral indices ended in the green, except for IT and media.
• Auto, metal, FMCG, telecom, and PSU Bank indices rose by 0.3-1%.
• The BSE Midcap index gained 0.3%.
• The BSE Smallcap index increased by 0.6%.

Market Update

• GRSE signs a contract for the construction and delivery of Multi-Purpose Vessels.
• Ola Electric: CCPA seeks additional documents and information with a 15-day timeline for submission.
• Waaree Energies obtains NABL accreditation for its advanced testing lab.
• Shriram Pistons renews a technical collaboration agreement with Fuji Oozx Inc, Japan, for five years.
• RBI approves Canara Bank's proposal to divest its stake in life insurance and mutual fund ventures.
• Zaggle Prepaid Ocean Services signs an agreement with Blink Commerce.
• Torrent Power allots 2.32 crore equity shares to eligible qualified institutional buyers.
• Sarveshwar Foods secures an export order of 5,350 MT of Basmati Rice worth Rs 498 million from I SIFOL LLC, USA.
• Garden Reach signs a contract for the construction and delivery of the second ship.
• Ramco Systems partners with Hanjin Information Systems.
• RITES is appointed as a project management consultant by IIMR.
• Maruti Suzuki announces a price hike of up to 4% on its cars from January 2025.
• Dabur India receives a demand order of Rs 4.2 crore from the Commissioner of Customs (Prev.), Patna.
• Baazar Style Retail opens a new Style Baazar store in Betiahata, Uttar Pradesh.
• GPT Healthcare signs an MoU to construct a hospital building in Jamshedpur, Jharkhand.
• Synergy Green Industries signs a supply agreement with Envision Energy.
• Samvardhana Motherson to acquire Japan-based Atsumitec for USD 57 million.
• Piramal Pharma's arm enters into a settlement agreement with VetDC, Inc. for USD 407,400.
• Landmark Cars executes an Asset Transfer Agreement to acquire a Kia Showroom.
• Subex arm surrenders its Account Aggregator license to RBI.
• Venus Remedies receives marketing authorization for Pemetrexed in the Philippines.
• UltraTech Cement receives communication from CCI on its proposed acquisition of India Cements.
• Dr. Reddy’s subsidiary faces a penalty order from the Department of State Revenue, Kazakhstan.
• Kalpataru Projects secures new orders worth Rs 2,174 crore.
• The Appellate Tribunal passes an order in favor of L&T.
• Waaree Energies incorporates a subsidiary in Australia.
• RBI keeps the repo rate unchanged at 6.50%.
• RBI maintains MSF and SDF rates at 6.75% and 6.25%, respectively.
• Q3FY25 GDP growth estimate is revised to 6.8% from 7.4% earlier.
• RBI cuts the cash reserve ratio by 50 bps to 4%.

Date: 5th December 2024 Stock Market Highlights

In another session of high volatility on December 5, the stock market today closed higher, with the Nifty ending above 24,700. This marked the fifth consecutive session of gains, supported by buying in various sectors except for real estate.

• Sensex was up by 809.53 points or 1%, closing at 81,765.89
• Nifty concluded the day at 24,708.40, increasing by 240.95 points or 0.98%.
• Bank Nifty ended the day with a surge of 336.65 points or 0.63% at 53,603.55

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Except for realty and PSU bank, all other sectoral indices closed in the green.
• The Information Technology index was the top gainer, rising nearly 2%.
• The BSE midcap and smallcap indices ended with marginal gains.

Market Update

• Torrent Pharma to acquire three anti-diabetes brands from Boehringer Ingelheim.
• L&T completes acquisition of a 15% stake in E2E Networks.
• Technopack Polymers approves a 1:1 bonus share issue.
• Bondada Engineering secures a contract worth ₹108.9 crore from the Bihar Renewable Energy Development Agency.
• Suraj Estate Developers' subsidiary acquires land in Mumbai for ₹101 crore.
• Mazagon Dock reports ongoing commercial negotiations for three additional Scorpene-class submarines under Project 75.
• Bharat Forge launches a ₹1,650 crore Qualified Institutional Placement (QIP) with a floor price of ₹1,323.54 per share.
• Nazara Technologies collaborates with Lysto to launch a Web3 marketing infrastructure platform, The Growth Protocol.
• Tejas Networks was selected as a broadband equipment supplier in Tamil Nadu.
• PG Electroplast opens QIP with a floor price of ₹705.18 per share.
• Metropolis Healthcare schedules a board meeting on December 9 to consider a preferential issue of shares.
• Dynamic Services receives a mega project offer letter from the Maharashtra government.
• Aurionpro launches the Integro Smart Lender ESG platform for sustainable lending.
• KIOCL's pellet plant in Mangalore resumes operations.
• Adani Energy receives a letter of intent from REC Power Development and Consultancy.
• Vikas Lifecare announces the establishment of a new manufacturing facility under the Rajasthan Investment Scheme.
• Hyundai Motor will implement a price hike across its vehicle range starting January 1, 2025.
• NCLT approves the merger of HT Mobile Solutions with HT Media.
• NBCC secures a ₹599 crore project order.
• RDB Realty and Infrastructure approves a stock split, dividing one equity share into ten shares.
• Vishal Mega Mart IPO to open for subscription on December 11.
• Muthoot Microfin reduces lending rates by 25 basis points.
• Gallantt Ispat reimburses ₹80.45 crores.
• Zen Technologies expands its partnership with AVT Simulation.
• Eugia Pharma, a subsidiary of Aurobindo Pharma, receives US FDA approval for Pazopanib tablets.
• Jaguar Land Rover (JLR) reports an 11% year-over-year decline in UK sales, with November figures falling to 5,558 units from 6,251 units a year ago.
• Tantia Constructions secures an order worth ₹151 crore.

Date: 4th December 2024 Stock Market Highlights

In a session marked by significant volatility the stock market today concluded the day on a positive trajectory, continuing its winning streak for the fourth consecutive session, with the Nifty hovering around the 24,450 level, primarily driven by the performance of real estate and financial sector equities.

• Sensex was up by 110.58 points or 0.14%, closing at 80,956.33
• Nifty concluded the day at 24,467.45, increasing by 10.3 points or 0.04%.
• Bank Nifty ended the day with a surge of 571.15 points or 1.08% at 53,266.90

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Auto and FMCG sectors declined by 0.7% each.
• IT and Media sectors rose by 0.5% each.
• Realty and PSU Bank sectors gained over 2% each.
• The BSE Midcap index gained nearly 1%, while the Smallcap index rose 0.6%.

Market Update

• Wipro partners with Netskope to offer cybersecurity optimisation advisory services.
• KDL board approves a bonus issue of 2 shares for every 1 share held.
• ONGC acquires an additional 1.12% stake in ONGC Petro for Rs 4,906.2 crore.
• Kaynes Tech arm acquires a 54% stake in an Austria-based information provider.
• RVNL receives LoA for a project worth Rs 186.76 crore from East Central Railway.
• KKR is in final talks to acquire a controlling stake in HCG.
• SEBI halts the listing of Trafiksol, orders a refund to investors, and cancellation of issued shares.
• Smallcap World Fund Inc sells a 2.2% stake in Medi Assist Healthcare Services.
• The Centre approves five defence proposals worth nearly Rs 22,000 crore.
• CaratLine founders acquire a 3.49% stake in Arihant Foundations.
• LTIMindtree arm signs a definitive agreement with Voicing.AI, Inc.
• L&T Tech signs a multi-year deal worth USD 50 million with a global network provider.
• Apex Ecotech shares list at a 90% premium over the IPO price on NSE Emerge.
• HSBC's November Services PMI stands at 58.4 vs 58.5, and Composite PMI at 58.6 vs 59.1, MoM.
• Suzlon Energy expands its partnership with Jindal Renewables for an additional 302.4 MW wind project.
• The Special Intelligence and Investigation Branch searches for EPACK Durable's manufacturing facility.
• Ericsson secures a multi-year 4G & 5G extension deal from Bharti Airtel.
• Ambuja Cement evaluates a deal to acquire Star Cement for North East expansion.
• DGCA authorizes Nitiraj Engineers as a Drone Remote Pilot Training Organization.
• Cyient DLM signs an MoU with Arcedo Systems for a 500 kWp solar power plant at its Mysore facility.
• SECI withdraws the debarment notice against Reliance Power.
• Alembic Pharma receives USFDA tentative approval for Olopatadine Hydrochloride Ophthalmic Solution.
• Nazara and Lysto sign an LOI to launch "The Growth Protocol."
• Thyrocare Technologies has increased its investment in Thyrocare Laboratories (Tanzania).
• Max Healthcare Institute issues a corporate guarantee of Rs 1,000 crore to Axis Bank.
• Tembo Global wins a Rs 43.89 crore domestic water irrigation project order.
• Zaggle Prepaid Ocean Services enters into an agreement with AGP City Gas.
• Royal Enfield commences operations at a new assembly plant in Thailand.
• Policybazaar parent PB Fintech forays into healthcare services.
• Panache Digilife signs a manufacturing and supply agreement for CCTV and NVR devices.
• Hero MotoCorp introduces three variants of the V2 Series electric scooters.
• Vodafone Plc plans to sell a 3% stake in Indus Tower.
• IGL will consider bonus shares on December 10.

Date: 3rd December 2024 Stock Market Highlights

Bulls continue to strengthen their control over Dalal Street as the stock market today extended their upward movement for the third consecutive trading day on December 3, with the Nifty surpassing the 24,450 mark, driven by purchasing activities across various sectors except for FMCG.

• Sensex was up by 597.67 points or 0.74%, closing at 80,845.75
• Nifty concluded the day at 24,457.15, increasing by 181.1 points or 0.75%.
• Bank Nifty ended the day with a surge of 586.75 points or 1.13% at 52,695.75

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Except for FMCG, all sectoral indices closed in the green.
• Media and PSU Bank indices gained over 2% each.
• The BSE Midcap and Smallcap indices rose by 1% each.

Market Update

• HCL Tech has completed the acquisition of Communication Technology Group assets from Hewlett Packard Enterprise.
• Godrej Properties closes QIP with an issue price of Rs 2,595 per share.
• KPI Green secures a Rs 1,311 crore order from Coal India.
• Solar Industries bags an export order worth Rs 2,039 crore for defence product supply.
• Nazara Technologies acquires a 60% stake in Funky Monkeys Play Centre for Rs 43.7 crore, marking its entry into physical entertainment.
• Protean eGov Technologies wins a Rs 161 crore order from CERSAI.
• Godavari Biorefineries secures an exclusive license agreement with Catalyxx Inc.
• Lemon Tree Hotels signs a new property in Kufri.
• Zydus Wellness acquires the remaining 1.86% equity in Naturell.
• Siemens' unsecured creditors approve the Scheme of Arrangement with Siemens Energy India.
• Tata Power commissions a 431 MW DC solar project in Neemuch, Madhya Pradesh.
• Gland Pharma receives USFDA approval for Latanoprost Ophthalmic Solution.
• Pricol's subsidiary acquired the injection moulding business of Sundaram Auto Components.
• TCS signs a deal with the Bank of Bhutan to modernize its digital core.
• Apollo Micro Systems is the lowest bidder for Bharat Electronics' Rs 21.42 crore order.
• MOIL reports manganese ore production of 1.63 lakh tonnes in November.
• Chambal Fertilisers partners with TERI for research.
• Bangladesh VAT Tribunal dismisses KEC International's appeal against VAT demand.
• BPCL and Coal India to set up a coal-to-synthetic natural gas project.
• Vakrangee partners with the Central Bank of India to offer banking services across India.
• Advait Infratech's arm qualifies to bid for standalone battery energy storage systems.
• TVS Motor's subsidiary board approves the sale of its injection-moulded plastic component solutions division.
• Indoco Remedies collaborates with Clarity Pharma, UK, to launch 20 products over 18 months.
• NBCC secures an order worth Rs 213 crore in New Delhi.
• USFDA issued Form 483 with six observations to Granules India's Gagillapur facility.
• Hindustan Unilever pays 20% of the total outstanding tax demand.
• Swiggy reports a consolidated Q2 loss of Rs 625.5 crore, improving from Rs 657 crore YoY.
• Suraksha Diagnostic IPO subscribed 1.27 times on the final day of the bidding.

Date: 2nd December 2024 Stock Market Highlights

The stock market today closed higher for the second day in a row, reaching a one-month peak on December 2, with the Nifty surpassing 24,300 during the trading day, driven by buying activities in various sectors, particularly real estate, media, and metals.

• Sensex was up by 445.29 points or 0.56%, closing at 80,248.08
• Nifty concluded the day at 24,276.05, increasing by 144.95 points or 0.60%.
• Bank Nifty ended the day with a surge of 53.4 points or 0.10 % at 52,109

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• All sectoral indices ended in the green, with realty, pharma, metal, IT, auto, and media rising by 1-3%.
• The BSE Midcap index rose by 1%.
• The BSE Smallcap index gained 1%.

Market Update

• Cochin Shipyard bags Rs 1,000 crore order from the Defence Ministry
• KEC International secures new orders worth Rs 1,040 crore in T&D business in international markets
• Greaves Cotton board approves IPO of Greaves Electric Mobility via fresh issue and OFS
• Biocon: US FDA approves Biocon Biologics' YESINTEK for treating Crohn’s Disease, Ulcerative Colitis, Plaque Psoriasis, and Psoriatic Arthritis
• Eicher Motors’ Royal Enfield sales increased by 2% YoY to 82,257 units
• India’s GDP falls to a seven-quarter low of 5.4% in Q2
• Kavveri Telecom Products wins order for penta-band high-gain antenna
• Hyundai Motor India’s total sales decreased by 6.9% YoY to 61,252 units
• Tata Motors’ total sales rose by 0.8% YoY to 74,753 units
• Ambuja Cements partners with Finland-based company to move closer to Net Zero
• Escorts Kubota’s total sales decline by 9.4% YoY to 8,974 units
• India’s November GST collection rises 8.5% YoY to Rs 1.82 lakh crore
• NSE revises expiry day for index derivatives contracts, effective from January 1
• Info Edge files FIR in connection with 4B Networks
• VST Tillers Tractors' total sales increased to 2,251 units YoY
• Sterling and Wilson Renewable Energy bags order worth Rs 504 crore
• AXISCADES Tech restructures its subsidiaries
• Steel Strips Wheels achieved net turnover of Rs 371.52 crore in November 2024
• Veranda Learning to consider fundraising via equity issuance on December 11
• Aster DM Healthcare announces merger with Blackstone-backed CARE Hospitals
• TVS Motor to acquire additional stake in DriveX Mobility
• DLF subsidiary to sell Kolkata Tech Park 1 to RDB Primarc Techno Park
• SpiceJet secures rights to operate Haj flights from four Indian cities in 2025
• Tembo Global Industries bags order from Domestic Organisation
• RBL Bank and Bajaj Finance mutually decided to stop issuing new co-branded credit cards
• HCLTech partners with Google Cloud for AI-driven response solutions to global enterprises
• Lemon Tree Hotels signs two license agreements for properties in Mussoorie and Varanasi
• Sterling Tools partners with China-based Meishuo Electric for power transmission solutions in India
• Datamatics achieves UK Government-backed cyber essentials certifications
• GP Petroleums enters into a supply agreement with HPCL
• Government scraps windfall tax on ATF, crude products, petrol, and diesel exports
• ONGC Videsh completes acquisition of 0.615% interest in Offshore Azeri Chirag Gunashli
• Oriental Green Power board approves expansion of solar capacity to 25 MW AC from 19.8 MW AC
• Paradeep Phosphates schedules planned shutdown of ammonia and urea plants in Goa
• HG Infra declares qualified bidder for 100 MW battery energy storage systems project in Gujarat
• KPI Green Energy gets LoA to set up 300 MWac solar PV plant in Gujarat from Coal India
• Gateway Distripark launches container train service to Kandla
• Phoenix Mills sells Janus Logistics to Macrotech for Rs 48 crore
• Waaree Energies bags order to supply modules up to 364 MWp & 160 MWp
• RVNL emerges as the lowest bidder for Rs 643 crore project from PSPCL
• Suraksha Diagnostic IPO subscribed 0.25 times on the second day of the bidding.

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