escription: Stock Market on 22 January 2025 | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets.
ALL UPDATES
- January 22, 2025 17:01
Stock market live updates: IT stocks power Sensex, Nifty higher; broader markets decline
The benchmark indices ended higher on Wednesday, primarily driven by a strong performance in IT heavyweights, even as the broader markets witnessed significant selling pressure. The BSE Sensex closed at 76,404.99, up 566.63 points or 0.75 per cent, while the Nifty 50 finished at 23,155.35, gaining 130.70 points or 0.57 per cent.
The market showed a clear divergence between large-cap and smaller stocks, with the Nifty Midcap Select falling 0.79 per cent to 11,918.40 and the Nifty Next 50 declining 0.85 per cent to 62,865.60. The market breadth remained negative, with 2,802 stocks declining against 1,142 advances on the BSE, while 115 remained unchanged.
IT stocks led the day’s gains, with the sector index rising over 2 per cent. Wipro emerged as the top gainer, surging 3.87 per cent, followed by Infosys (3.02 per cent), TCS (2.88 per cent), Tech Mahindra (2.36 per cent), and HDFC Bank (1.80 per cent). On the flip side, Bharat Electronics fell 3.01 per cent, followed by Tata Motors (-2.16 per cent), Trent (-1.95 per cent), Power Grid (-1.31 per cent), and Axis Bank (-1.09 per cent). Read more
- January 22, 2025 15:56
Stock market live updates: Hindustan Unilever consolidated net up at ₹2,989 crore in quarter ended December 2024; shares close flat on NSE
Hindustan Unilever Ltd recorded consolidated net profit for the quarter ended December 2024 at ₹2,989 crore, up from ₹2,508 crore in the corresponding quarter of the previous year.
Shares close flat on the NSE at ₹2,340.
- January 22, 2025 15:53
Sensex closes higher by 566.63 points or 0.75% at 76,404.99, and Nifty 50 ends positive by 130.70 points or 0.57% at 23,155.35
- January 22, 2025 15:26
Market news: Gopal Snacks has commenced production of Gathiya, Sev and Sev Murmura at its new manufacturing facility in Gondal, Rajkot, Gujarat. Shares traded flat on the NSE at ₹340.35.
- January 22, 2025 15:26
Stock market live today: Stel Holdings posts ₹8.91 lakh net profit in Q3
Stel Holdings’ consolidated net profit for the quarter ended December 2024 declined ₹8.91 lakh from ₹9.79 lakh in the corresponding quarter previous year.
Shares down 3.12% on the NSE to ₹385.30.
- January 22, 2025 15:25
Stock market live today: Top gainers, losers on the NSE at 3.08 pm
WhatsApp Image 2025-01-22 at 15.09.25.jpeg
- January 22, 2025 15:24
Share market live today: 1,008 stocks advance, while 2,906 decline
Stocks advanced on BSE at 3.08 pm on January 22, 2025, were 1,008 against 2,906 stocks that declined, and 117 remained unchanged. Total stocks traded were 4,031. The number of stocks that recorded a 52-week high was 76, and those that hit a 52-week low was 154. A total of 168 stocks traded in the upper circuit, and 331 in the lower circuit.
- January 22, 2025 15:10
Share market live news: Heritage Foods posts ₹43 crore net profit in Q3
Heritage Foods recorded its consolidated net profit for the quarter ended December 2024 at ₹43 crore as against ₹26.90 crore in the corresponding quarter previous year.
Shares gained 2.24% on the NSE to ₹451.75
- January 22, 2025 15:04
Stock to watch: Housing & Urban Development Corporation Ltd
Housing & Urban Development Corporation board has approved a slew of proposals:
Interim dividend of ₹2.05 per share for FY24-25.
Enhancement of existing borrowing plan from ₹40,000 cr to ₹55,000 crore.
Proposal to exit from Ind Bank Housing Ltd
The company recorded its consolidated net profit for the quarter ended December 2024 grew to ₹735.03 crore from ₹519.23 crore in the corresponding quarter previous year.
Shares traded 1.66% lower on the NSE at ₹225.62.
- January 22, 2025 14:59
Stock market news updates: Polycab India reports ₹46.43 crore net profit in Q3
Polycab India reported its consolidated net profit for the quarter ended December 2024 at ₹46.43 crore as against ₹41.65 crore in the corresponding quarter previous year.
Shares dip 5.22% on the NSE to ₹6,217.
- January 22, 2025 14:55
Share market live news: Tata Technologies reports revenue growth and improved margins in Q3 FY2025
Tata Technologies Limited has announced its financial results for the quarter ended December 31, 2024, showcasing steady growth in revenue and profitability. The company reported a total operating revenue of ₹1317.4 crore, reflecting a year-on-year (Y-o-Y) increase of 2.2 per cent and a quarter-on-quarter (Q-o-Q) rise of 1.6 per cent.
The services segment revenue stood at ₹1012.7 crore, marking a 1.2 per cent Y-o-Y growth and a 0.8 per cent Q-o-Q increase. In constant currency terms, the services segment revenue witnessed a Q-o-Q growth of 1.1 per cent.
- January 22, 2025 14:50
Stock in focus: Tata Communications
Tata Communications’ board has approved the proposal for making an investment in its step down wholly owned subsidiary, Tata Communications (Netherlands) B.V. (“TC Netherlands”).
Company’s consolidated net profit stood at ₹236.08 crore for the quarter ended December 2024 as against ₹45.05 crore in the corresponding quarter previous year.
Shares traded at ₹1,656.65 on the NSE, lower by 2.38%.
- January 22, 2025 14:47
HDFC Bank Q3 Results & Share Price Live Updates: Net profit up; shares gain
Click here to get all the live updates.
- January 22, 2025 14:41
Share market live today: HDFC Bank reports ₹17,656.61 crore net profit for Q3 FY25, shares rise 1.47%
HDFC Bank recorded it’s consolidated net profit for the quarter ended Dec 2024 at ₹17,656.61 crore as against ₹17,258.87 crore in the corresponding quarter previous year.
Shares gain 1.47% to ₹1,666.60 on the NSE.
- January 22, 2025 14:38
Share market live today: Stocks to watch
1. Frog Cellsat: EXCELLENT RESULTS
For the quarter ending Dec-24, Sales up 2x YoY from INR 44.68 Cr in Dec-23 to INR 91.15 Cr in Dec-24. Similarly, Net Profit up 5.3x from INR 2.87 Cr to INR 15.25 Cr. On a QoQ basis, Sales up 2.1x and Net Profit up 3.7x.
2. Dhabriya Polywood: ORDER
Company has received two work order/LOI worth INR 14.1 Cr from DLF Group for Supply & Installation of uPVC/Aluminium Windows & Doors, to be completed within 12-24 months.
(ORDER) Company has received the work order worth INR 1.6 Cr from Adani Group for Supply & Installation of Modular Kitchen, to be completed within 6 months.
3. Josts Engineering: FUND RAISE
Board meeting to be held on 28th Jan 2025 to consider fund raise.
4. Osel Devices: AGREEMENT
Company has signed a Strategic Cooperation Agreement with TPV Audio and Visual Technology (Shenzhen) Co. Ltd., authorized by Koninklijke Philips N.V., to manufacture and distribute Philips-branded mobile phones, tablets, and other products in India. This move positions Osel to expand into the growing Indian mobile phone manufacturing market.
5. Servotech Power Systems: GOOD RESULTS
For the quarter ending Dec-24, Sales up 4.2x YoY from INR 52 Cr in Dec-23 to INR 216 Cr in Dec-24. Similarly, Net Profit up 8x from INR 1 Cr to INR 8 Cr. On a QoQ basis, Sales up 8% and Net Profit down 27%.
- January 22, 2025 14:38
Stock market live today: Kirloskar Brothers trademark dispute: Pune Court grants Sanjay Kirloskar led KBL interim relief
A decision by District Judge A. L. Tikle in Pune’s District Court has restrained Atul and Rahul Kirloskar led KPL from prohibiting KBL to use the legacy “Kirloskar” trademark. This ruling is part of an ongoing legal battle between KBL and KPL, the entity designated to manage trademarks for Kirloskar group companies.
- January 22, 2025 13:53
Share market live news: Jaykrishna Gandhi, Head - Business Development, Institutional Equities, Emkay Global Financial Services, on market outlook
“Relentless selling by the FPI, slowdown in the economy and miss in the corporate earnings are the key points concerns clouding the Indian investors. FII’s in January have already sold INR 500 bn. It has been a flurry of Executive orders from POTUS, but all on expected lines so far – the key among them being on Immigration (declaring a national emergency at the US Mexico border); Climate and Energy (withdrew from Paris Climate accords and eased regulations on Oil & Gas production); Abolition of DEI programs and freezing of Federal hiring (except military).
Some media reports highlighted that he would rather set up a federal agency to negotiate on tariffs than imposing on the first day itself, that caused a sharp DROP in USD. However , most of the tariffs China or Others will be imposed as early as FEB 1st.
Our headline indices are BACK to new lows, and SMIDs are to follow suit soon. The emerging markets have hardly generated returns over a decade vis a vis the US market in USD terms , any incremental flows or lower selling in emerging market could be confirmed only once dollar weakens and the magnificent seven start correcting.
Now budget around the corner , there are more speculations on what the government efforts could be to revive growth. From ordinary taxpayers, to tech, healthcare, insurance, and finance sectors, hopes are high for from income tax slabs, GST rationalisation, infrastructure allocation, and regulatory updates, to address economic distress and consumer sentiment.
Technically there is strong support at 22800, and 21800. The index has corrected around 12% , however many stocks are down ~30% from their peaks. Guess the market should stabilize in coming month and key announcements in budget and dollar weakening may act as a trigger for an upmove.”
- January 22, 2025 13:51
Share market live today: Top losers of Nifty Realty stocks
- Lodha (-7.15%)
- Godrej Properties (-6.64%)
- Prestige (-6.18%)
- Oberoi Realty (-5.82%)
- January 22, 2025 13:50
Stock market live today: NSE registered investor base crosses 11 crore (110 million) unique investors (unique PANs) and over 21 crore (210 million) total accounts.
- January 22, 2025 13:35
Share market live today: Tech stocks shield Sensex from broader market weakness; midcaps, small caps face selling pressure
Equity benchmarks traded mixed by Wednesday afternoon, with the Sensex holding marginal gains while the Nifty slipped into negative territory, as strong performance in technology stocks helped offset broader market weakness.
- January 22, 2025 13:15
Share market live today: Clean Science shares dip 1.68% to ₹1,412.30 following additional investment in wholly-owned subsidiary
Clean Science and Technology stock declined 1.68% on the BSE to ₹1,412.30. Company has made additional investment in wholly owned subsidiary.
- January 22, 2025 13:11
Nifty Today: Stocks that hit 52-week low
Stocks that hit 52-week low on the NSE include:
Cyient DLM, IndiaMart, Tanla, MobikWik, JK Tyre, Hyundai
- January 22, 2025 13:05
Share market live updates: Persistent Systems stock tumbled nearly 8% to ₹5,445 ahead of Q3 results.
- January 22, 2025 13:05
Gold prices today: Gold holds near 11-week high as Trump hints at China tariffs
Gold hovered near its highest level since early November, as traders assessed the global economic outlook while President Donald Trump outlined his positions on trade and immigration policies. Bullion remained steady at approximately $2,745 an ounce, following a 1.4% surge in the previous session driven by Trump’s tariff threats, which boosted demand for safe-haven assets.
- January 22, 2025 13:02
Share market live today: R. S. Software reports drastic decline in net profit to ₹6.29 lakh; shares fall 2%
R. S. Software (India)‘s net profit fell sharp to ₹6.29 lakh for the quarter ended December 2024 from ₹634.80 lakh in the corresponding quarter previous year.
Shares drop 2% on the NSE to ₹173.04
- January 22, 2025 13:01
Share market live today: Market outlook post-Trump inauguration, investor strategies for volatility, and attractive sectors in the downturn
Narinder Wadhwa, Managing Director & CEO of SKI Capital & Co-Chair of the Capital Market & Commodity Market Committee, at PHDCCI
After Donald Trump’s inauguration as U.S. President, markets are likely to experience a mix of volatility and opportunity. Historically, Trump’s policy stance, especially on trade, taxes, and fiscal spending, has influenced global market trends. Protectionist trade policies could pose challenges for Indian export sectors like IT and pharma, while his focus on infrastructure spending might boost global demand, indirectly benefiting sectors like commodities and infrastructure in India. However, any sharp policy shifts or geopolitical uncertainties could lead to risk-off sentiment, triggering FII outflows and rupee depreciation in the short term.
In this environment, investors should adopt a cautious and diversified approach. Defensive sectors like FMCG, healthcare, and utilities are safer bets during periods of uncertainty. It’s crucial to focus on quality stocks with strong fundamentals and low debt while considering hedging risks with gold and fixed-income instruments. Dollar-cost averaging is an effective strategy to capitalize on market dips, and investors should avoid panic-driven selling. Long-term opportunities lie in accumulating fundamentally strong stocks at attractive valuations.
Among sectors, pharma and healthcare are attractive due to stable global demand, with companies like Sun Pharma and Dr. Reddy’s well-positioned for growth. Defensive FMCG stocks such as HUL and ITC offer resilience against market swings. Infrastructure and capital goods could gain if U.S. policies drive global infrastructure development, benefiting companies like L&T and Siemens. While IT services may face short-term challenges from stricter visa policies, the digital transformation wave in the U.S. presents long-term growth opportunities for firms like Infosys and TCS. Additionally, India’s focus on renewable energy aligns with global trends, making stocks like Adani Green Energy and NTPC appealing.
While short-term volatility is inevitable, a disciplined and patient investment strategy, focused on diversification and quality, can help investors navigate uncertainties and position for long-term gains.
- January 22, 2025 13:00
Share market live today: Star Cement rebrands subsidiary as Star Smart Building Solutions; shares flat at ₹216.
Star Cement informed that its subsidiary’s name has been changed from STAR CEMENT (I) LIMITED to STAR SMART BUILDING SOLUTIONS LIMITED.
Shares traded flat on the NSE at ₹216.14
- January 22, 2025 12:58
Share market live today: CareEdge Ratings: Sectoral expectations from Union Budget
Agri and Allied (Fertilisers)
In the FY25 budget, the government had initially provided for a total subsidy of Rs 1.64 lakh crore, which was subsequently enhanced by an additional NPK subsidy of Rs 3500/MT for DAP fertiliser, which is expected to result in a further subsidy of ~Rs 3,850 crore. Accordingly, the aggregate subsidy budget for FY25 will be at ~Rs 1.68 lakh crore. Timely increases in the subsidy budget and timely disbursement of subsidy dues have helped the fertiliser industry keep subsidy receivables at a manageable level, and leverage levels have primarily remained comfortable.
According to CareEdge Ratings, the industry expects Rs 1.75 lakh crore of allocation for subsidies towards urea and non-urea fertilizers in the upcoming budget for FY26. There is a long pending demand to reduce import duty on imports of phosphoric acid and rock phosphate to improve the competitiveness of domestic fertiliser manufacturers. There is an expectation for some incentive for the promotion of organic fertilisers to make India a hub for organic fertiliser production
Auto and Auto Components
According to CareEdge Ratings, the FY24 and FY25 budgets emphasized accelerating the adoption of Electric Vehicles. This year, while the focus on EVs is expected to persist, there is growing anticipation in the FY26 budget for incentives aimed at enhancing EV charging infrastructure to gain momentum.
CareEdge Ratings expect Union Budget to address a simplified classification and GST framework for auto and auto components. It also expects incentives to expand EV charging infrastructure, ensuring seamless inter-city travel and fostering a sustainable transportation ecosystem nationwide, and incentives for faster deployment of electric buses by private bus operators and quicker deployment of electric trucks. It believes budget will also address a Uniform GST rate on batteries irrespective of technology type, Tax incentives along with GST reduction for hybrid vehicles to encourage their adoption, and a Relaxation/modifications in the PLI scheme, which hinders the participation of smaller players.
Financial Services
The banking sector has logged improvements in capital buffers, asset quality, and profitability amidst substantial business expansion. The growth in bank credit has converged towards deposits. Deposits have gradually shifted towards schemes offering higher returns. Meanwhile, Industrial credit has been rising but remains below the growth in loans to other major sectors. Services and personal loans led the overall credit growth. The improvement in asset quality of SCBs has been broad-based, with the GNPA ratio declining to a 12-year low of 2.6% in September 2024, except for a marginal uptick in respect of credit card receivables.
However, the half-yearly slippage ratio increased marginally to 0.7%. NBFCs maintained robust credit growth. Personal loan growth decelerated, whereas growth in loans to industry and services accelerated. The GNPA ratio continued its downward trajectory while the capital position remained steady. Meanwhile, MFIs and unsecured business loan segments face asset quality challenges due to a rise in the number of loans & average incremental ticket size for MFIs and higher delinquencies in the unsecured loans segment. Housing finance companies (HFCs) credit also grew in double digits amidst structural changes in the aftermath of the merger of a dominant HFC with a bank.
CareEdge expectation for the sector is:
Banking and NBFCs
Incentivizing Inflows: Undertake steps to improve deposit inflows into the banking sector
Encouraging credit flow: Undertake steps such as interest subvention schemes and expanded credit guarantees to improve credit flow to MSMEs, agriculture, and infrastructure. Step up a mechanism for providing long-term funds for the manufacturing sector in a similar manner done for the infrastructure sector via dedicated funds or tax benefits.
Sectoral reforms: Progress on reforms such as the ECL Framework, etc. Reduce differentiation in regulations between banks and NBFCs e.g. micro gold loan (under Rs 50k) to farmers
Affordable housing finance: Increase in allocation for the Pradhan Mantri Awas Yojana (PMAY) and extension of PMAY-CLSS scheme along with a revision of price cap for affordable housing
MFI: Dedicated funding window to address persistent funding challenges, especially for mid-sized and small MFIs and a government-backed credit guarantee framework. Setting up a credit risk cost-sharing structure to streamline lending rates.
Others include a Reduction in the SARFAESI Act threshold for NBFCs. Increase in fund allocation to government-backed institutions like SIDBI, NABARD, NHB etc.
Insurance and Others
Infusion of capital in public sector general insurance companies: This would help the companies have lower solvency ratios and provide them with the necessary growth capital.
Sectoral reforms: Reforms on the line of the composite license, micro insurance, IND AS, etc to drive insurance for all by 2047
GST reduction on term life and health insurance policies to reduce costs and improve access.
Optimisation of IBC: Currently under the IBC, cases take nearly two years to resolve while recovering around 30% of the claims. Norms for speedy resolution and increasing recoveries could be enhanced.
Hospitality & Tourism
According to CareEdge Ratings, the persistent demand, limited room supply, and increasing international traffic continue to have a positive impact on hotel pricing in the coming year. Hence, the union budget FY25-2026 is being looked upon to introduce reforms to support the sector further. It believes the budget will address measures to boost the sector according to “infrastructure” status to the hotel industry and “industry” status to the travel and tourism sector. It also expects an increased infrastructure investments and incentives such as tax breaks or subsidies to promote investments in sustainable tourism, and reforms regarding the rationalisation of taxes for all the hotels across all categories and convention centres.
Pharma and Healthcare
In FY24, the Indian pharmaceutical sector witnessed robust growth, achieving a nearly 9% year-on-year increase and reaching a market size of approximately USD 54 billion, driven by growth in domestic and exports sales. Exports grew at an impressive 10%, while the domestic market maintained a steady 9% rise compared to FY23. The domestic market’s performance was bolstered by increased demand in chronic therapeutic areas and price adjustments approved by the NPPA. Looking ahead, CareEdge Ratings predicts the industry will continue to grow at a similar pace of around 9% annually, with exports and domestic segments expected to sustain parallel growth trajectories.
CareEdge Ratings expects an increase in healthcare budget allocation by 2.50%-3% over last year to enhance infrastructure in rural and semi-urban regions. It says budget may re-introduce weighted average tax benefits to promote R&D in the pharmaceutical sector, and there could be a reduction in the GST rate on health insurance premiums from the current level of 18%. It also expects extending Section 115BAB to pharmaceutical R&D companies for a lower tax rate and increase in the Production Linked Incentive (PLI) scheme budget. It expects budget to focus on encouraging domestic healthcare device manufacturers to build a strong, advanced ecosystem, raising the health insurance premium deduction limit under Section 80D of the IT Act, and reduction in customs duties on life-saving drugs.
Real Estate
In the post-pandemic era, the real estate sector has grown strongly in the mid and luxury segments. At the same time, affordable housing has experienced a shrinking overall share in demand and launches. As a result, the key expectation from Budget FY25-26 is to prioritise affordability through measures like reintroducing the CLSS scheme for buyers and offering tax holidays for developers, among other initiatives. Extending tax benefits, including higher deductions on home loan interest and principal, is expected to be a key driver in sustaining demand and supporting long-term growth in the sector.
CareEdge Ratings expects budget to grant Real Estate of industry status, reintroduce a 100% tax holiday for an affordable housing project, a relaunch of subsidy schemes like CLSS under PMAY to improve affordability, and upward revision in the carpet area and monetary limits for affordable housing. It also expects allocation of additional funds to the SWAMIH fund to support the completion of stalled projects, a raise in the deduction limit for home loan interest and principal, and reduction in GST rates for construction materials, particularly cement, to enhance overall affordability.
Thermal Power, distribution and transmission
The power sector has witnessed strong growth in demand in recent times. The thermal power segment has seen a revival of fortunes supported by higher merchant rates and healthy availability of coal. Capacity addition in the transmission segment is critical to meet the 500 GW renewable capacity target by FY2030.
According to CareEdge Ratings, the budget will focus on bringing electricity under the GST regime can make input tax in the value chain creditable, thereby improving tax efficiency and affordability. It expects a continued allocation under various schemes like RDSS and green corridors for augmenting the transmission and distribution infrastructure and loss reduction measures, continuation of loans from centre to state and additional fiscal deficit linked to power sector reforms, scheme for promotion of energy efficiency measures, and a scheme for promotion of smart meter manufacturing and transmission equipment in line with Make in India initiatives, including lower tax rate for new manufacturing units.
Renewable Power
India is steadfastly moving towards its target of 500 GW non-fossil fuel capacity by 2030 through a concerted effort to accelerate capacity additions and deepen its manufacturing value chain while remaining cognizant of its energy security needs as a developing nation as well as the variability induced by the growing share of RE in its energy mix.
CareEdge Ratings expects the following measures/initiatives from the budget to promote the RE sector:
Extension of the inter-state transmission system (ISTS) charge waiver beyond June 30, 2025, to maintain the cost-competitiveness of RE.
Enhanced capital allocation towards Green Energy Corridor projects to ensure adequate power evacuation through dedicated transmission capacity buildout.
Higher capital allocation towards PM Surya Ghar Muft Bijli Yojana for FY26, along with streamlining of procedural hurdles to ensure coverage of 1 crore households within an envisaged timeline of FY27.
Rationalization of GST on RE components from 12% to 5% to reduce end-consumer costs.
Enhancement of budgetary support to offshore wind capacity development along with incentives to OEMs for large-size turbines (6+ MW) and inclusion in RPO.
Enhancement of fund allocation for green hydrogen over and above current outlay under the SIGHT programme.
Reinstatement of 15% concessional corporate tax for manufacturing companies, apart from establishing renewable energy manufacturing zones (REMZ), entailing additional incentives and streamlined approvals for incubated entities.
Foster the domestic BESS ecosystem by providing initial subsidy support through PLI and/or VGF, near-term tax relaxations on importing crucial raw materials, and establishing public/private entities for exploring and operating overseas critical mineral assets.
Initiatives to promote R&D in the sector by introducing policies supporting investments or extending financial assistance.
Roads & Highways
The government’s continued emphasis on infrastructure development is expected to keep the roads and highways sector a priority. The government will likely focus on expanding road networks, developing logistics parks and improving the overall transport infrastructure to support efficient economic activity. The pace of asset monetisation is also anticipated to gain momentum. However, it is essential to address the recent slowdown in project awards while tackling execution challenges and resolving land acquisition issues to maintain progress and efficiency in the sector.
CareEdge Ratings expects an increase in budgetary allocation of 7-8% for roads & highways. It also expects a gradual shift of project awarding from EPC to BOT-Toll models and greater focus on asset monetisation by way of InvIT and TOT.
Sugar and Allied Sector
The Union Budget for FY24-25, while not offering direct benefits to the sugar and allied industries, has left room for the sector to hope for important policy changes and financial measures in the upcoming budget (FY25-26) that could stimulate growth and profitability for the sector.
CareEdge Ratings expects an increase in Minimum Support Price (MSP) of Sugar to commensurate with increased Fair & Remunerative Price (FRP) of Sugarcane, a long requirement of the industry since the previous MSP revision happened in 2019. It expects government to relaxing/lifting restrictions imposed on sugar exports for sugar season 2024-2025. It believes budget will have an upward revision in procurement prices of ethanol made out of sugarcane juice, sugar syrup, B-Heavy molasses and C-Heavy molasses to promote sugarcane crop as a major driver to achieve the ethanol blending targets of India. It expects budget will be including sugar and allied businesses in the ‘Priority Sector’ category to enhance credit access and other benefits for the industry players.
Telecom Sector
The Indian telecom industry is experiencing a significant transformation, marked by the wider acceptance and rapid adoption of 5G technology, advancements in machine-to-machine communication, IoT applications in manufacturing, and the emergence of generative Artificial Intelligence (AI) applications. Additionally, satellite-based broadband services are on the horizon. As a crucial driver of the nation’s digital transformation, the telecom industry has several key expectations for sustainable growth in the upcoming union budget.
CareEdge Ratings expectation is that budget will address PLI schemes to widen domestic telecom equipment manufacturing for 4G & 5G network expansion and densification, and expects Tax holidays or concessional tax rates for data centres which are crucial enablers of digital services that are rising due to increased mobile internet and cloud computing activities, It also expects budget to clarify income taxation for non-resident telecom operators, resolving long-standing litigations and providing tax certainty for international telecom transactions.
Textile
The Indian textile industry stands at around USD 140-145 billion in FY24-25, which is expected to grow at around 7-9% in the near to medium term believes CareEdge Ratings. With exports accounting for 20-25% of the Indian textile industry, global demand plays a role in influencing the prospects of the industry. The Indian textile exports saw a decline of 4% to USD 33.16 billion in FY24 due to the impact on consumer demand arising from high inflation and rising interest rates, but it recovered by 7% in 8MFY25 and stood at USD 22.55 billion. India’s textile exports are expected to grow by 6-7% in FY25 and thereafter to grow by 8-9% in the medium term, benefiting from the China+1 factor and the Bangladesh crisis. Further, the government of India may sign the Free Trade Agreement (FTA) with the UK in CY25 which shall enhance the competitiveness of Indian exporters.
According to CareEdge Ratings the budget expectation for the sector is reintroduction/ extension of interest equalisation for pre and post-shipment rupee export credit, introduction of Production Linked Incentive (PLI) scheme for cotton-based fabrics and apparel, and reduction in basic customs duty (BCD) rates on all man-made (MMF) fibres, filaments, and essential chemicals like purified terephthalic acid (PTA) and mono ethylene glycol (MEG), which are the critical raw materials for the production of MMF fibres.
Steel
According to CareEdge Ratings, domestic steel consumption is expected to grow at a CAGR of ~8.50% over the next 2-3 years, driven by the growth emanating from various end-user industries. India’s crude steel production grew by 3.70%, finished steel production increased by 5.10% and steel consumption surged by 13.66% during H1FY25 largely driven by government’s emphasis on infrastructure spending and the ‘Make in India’ initiative. However, India has become a net importer of finished steel, with exports dropping nearly 36% and imports rising over 41% in H1FY25.
- January 22, 2025 12:54
Share market live today: India Cements shares plummet nearly 13% after reporting ₹428.84 crore net loss for December quarter
India Cements stock crashed nearly 13% to hit ₹303.45 on the NSE, after reporting a standalone net loss of ₹428.84 crore for the quarter ended December 2024.
- January 22, 2025 12:35
Share market live today: Vardhman Textiles reports Q3 PAT boost to ₹211.77 crore; shares slightly rise 0.36%
Vardhman Textiles recorded its consolidated PAT for the quarter ended December 2024 at ₹211.77 crore as against ₹161.86 crore for the corresponding quarter previous year.
Shares inched up 0.36% on the NSE to ₹479.85
- January 22, 2025 12:34
Share market live today: Shivam Autotech Board greenlights capital expansion plans; stock slides 2.51%
Shivam Autotech board has approved a slew of proposals:
Increase in Authorised share Capital of the Company to ₹44 crore
Proposed fund raising by way of QIP for ₹160 crore
Proposed fund raising by way of rights issue for ₹125 crore.
Stock traded at ₹40.36 on the NSE, down 2.51%.
- January 22, 2025 12:34
Share market live today: LTIMindtree expands strategic partnership with AAMC; shares rise 0.71% to ₹5,799
LTIMindtree announced extension of their strategic collaboration with the Association of American Medical Colleges (AAMC).
Shares inched up 0.71% on the NSE to ₹5,799.
- January 22, 2025 12:31
Budget expectations: Centre likely to stay committed to fiscal consolidation in Union Budget: CareEdge Rating
-Projects fiscal deficit at 4.5% of GDP in FY26
- CareEdge Ratings project capex to rise by 19.8% to Rs 11.5 trillion in FY26
-Gross tax revenue expected to grow by 10.4%, marginally higher than expected nominal GDP growth of 10.3% in FY26
According to CareEdge Ratings, the Centre is likely to stay on the fiscal consolidation path, with a fiscal deficit projected at 4.5% of GDP in FY26.
According to Sachin Gupta, Chief Rating Officer, CareEdge Ratings, “The budget is likely to focus on Supporting consumption , Boost manufacturing competitiveness to support job creation and tap the demographic potential, Emphasis on agriculture via higher allocation for agri R&D, farmers’ welfare and policy reforms, Continued capex emphasis to close India’s infrastructure gap in areas like power, and transportation, and Fiscal discipline with focus on reducing the debt-to-GDP ratio”.
As per CareEdge Ratings, Gross tax revenue is expected to grow by 10.4%, marginally higher than expected nominal GDP growth of 10.3% in FY26. As a result, tax buoyancy is expected at 1 in the same year. Direct tax collections could slow in FY26 amid lower income tax collections on account of likely tax relief, while corporate tax collections will improve due to recovery in growth. Excise duty collections are likely to remain muted as the Special Additional Excise Duty (SAED) on domestically produced crude oil was reduced to nil in Sep 2024. Recent hike in customs duty on edible oil to support custom collections. The possible reversal of the gold customs duty cut and implementation of protective measures for domestic industries will likely bolster revenue from customs duty in FY26. Tax revenue from GST is projected to grow at a healthy rate of 11% in FY25 and 11.4% in FY26.
- January 22, 2025 12:31
Sensex today: Major gainers, losers at noon trade
Stocks advanced on BSE at 12.04 pm on January 22, 2025, were 877 against 2,861 stocks that declined, and 155 remained unchanged. Total stocks traded were 3,893. The number of stocks that recorded a 52-week high was 69, and those that hit a 52-week low was 116. A total of 156 stocks traded in the upper circuit, and 258 in the lower circuit.
- January 22, 2025 12:30
Nifty Today: Top gainers, losers on the NSE as at 12 noon
WhatsApp Image 2025-01-22 at 12.04.08.jpeg
- January 22, 2025 12:28
Share market live today: Reliance Industries to invest ₹100 crore in ICAR project for biogas feedstock development
Seen as a major breakthrough in agriculture research to enlist corporate interest, Reliance Industries (RIL) is believed to have decided to fund about ₹100 crore to a project under the Indian Council of Agricultural Research (ICAR). The investment is for developing 11 varieties of grass species that can be used as feedstock to produce compressed biogas. An agreement is likely to be signed by RIL with ICAR’s Jhansi-based Indian Grassland & Fodder Research Institute (IGFRI), sources said.
- January 22, 2025 11:55
Share market live today: ITI Limited secures ₹167 crore contract; shares trade weak
ITI Limited, Bengaluru, has won a large contract from the Rural Development Department, Govt. of Maharashtra to set up, operationalize, rollout and monitor the implementation of Aaple Sarkar Seva Kendra (ASSK) in Gram Panchayats (ASSK-GP ) of Chatrapathi Sambhaji Nagar Region, Nagpur Region, and Amaravati Region of Maharashtra. The contract also covers maintenance of systems for a period of one year. The project cost is approximately around Rs. 167 Crores which includes the cost of deployment of technical manpower at the ASSK-GP, and the entailing Project Management expenses.
Stock traded at ₹355 on the NSE, lower by 3.12%.
- January 22, 2025 11:54
Share market live today: UBS Says Structural Slowdown
UBS Group AG is recommending investors should short India’s rupee and go underweight on the country’s stocks amid slowing economic growth, Bloomberg is reporting. The bank’s research group said India’s $4 trillion economy has entered a structural slowdown that can’t be explained by cyclical factors like oil-price hikes or declining government spending. A structural slowdown in India is a call no other institutional investor appears to have taken and of course no resident economist has said something like this. The deceleration is underpinned by a long-term moderation in credit growth, foreign direct investment, export competitiveness and earnings potential, UBS said. The “conventional wisdom that India is ‘far removed’ from Trump risk compared to other emerging markets is debatable,” said Manik Narain, head of EM strategy research at UBS. “A potentially higher-for-longer US yield environment poses challenges to India’s growth, with one of the highest debt service-to-revenue ratios in the major EM space.” Apart from the losses in equities UBS says India’s bonds are recording the fastest outflows since 2020 as euphoria over their inclusion in global bond indexes wanes. Market losses follow a slowing in real GDP growth over successive quarters, showing the Indian economy slipping below the 7% average generated before the Covid-19 pandemic. Disappointing business updates following a decade in which companies in the Sensex index failed to meet analyst expectations have underscored the bearish turn. UBS says that the moderation in India’s earnings growth is spreading to defensive parts of the economy — such as consumer-staples — showing that temporary factors such as government capital expenditure are not the only reasons behind the slowdown. Elsewhere, UBS says there is credit moderation, china deflation which will lead to tougher competition, slowing FDI which is a big concern as India saw only around $3 billion in the past 12 months. Equities are now 23% of the financial assets of Indian households and 60% of bank deposits. That means the market can no longer be termed “underpenetrated,” UBS said, adding that as per their valuation methodology, the country’s stocks trade at a 72% premium to the rest of emerging markets, a premium “unheard of even 12 months ago.” Narain said investors should buy bearish rupee options, pricing in a further 2.6% depreciation this year. However, the bank also recommends rate-receiver positions via five-year swaps to benefit from an eventual 75 basis-point rate reduction.
- January 22, 2025 11:27
Share market live today: Akums Drugs stock plunges as IT Department searches offices and manufacturing units
Akums Drugs and Pharmaceuticals informed exchanges that IT Department conducted search under the Income Tax Act, 1961 at the offices and manufacturing units of the Company and its subsidiaries.
Shares traded at ₹591.75 on the NSE, lower by 5.42%.
- January 22, 2025 11:25
Stock market live today: Maharashtra inks ₹1,000 crore deal with Tembo Defence Products
The Government of Maharashtra has formalised an agreement with Tembo Defence Products Private Limited, a subsidiary of Tembo Global Industries Limited. The agreement involves a substantial investment of ₹1,000 crore, aimed at strengthening the defense sector in the State.
Tembo Global shares gained 2.12% on the NSE to ₹714.50.
- January 22, 2025 11:23
Stock market live news: Indbank Merchant Q3 net profit rises to ₹11.7 crore, shares drop 6.35%
Indbank Merchant Banking Services’ net profit for the quarter ended December 2024 dipped to ₹11.7 crore as against ₹2.55 crore in the corresponding quarter previous year.
Shares fell 6.35% on the NSE to ₹39.55.
- January 22, 2025 11:18
Share market live today: Cyient DLM shares plunge 14% to ₹515.50 after weak Q3 results
Cyient DLM shares plummet nearly 14% to hit a low of ₹515.50 on the NSE after Q3 results.
The company reported its consolidated net profit for the quarter ended December 2024 at ₹10.99 crore as against ₹18.44 crore in the corresponding quarter previous year.
- January 22, 2025 11:16
Stock market live news: Strides Pharma scores 76/100 in Corporate Sustainability Assessment
Strides Pharma Science Limited has received an ESG score of 76/100 and CSA score of 75/100 in the Corporate Sustainability Assessment (CSA) Annual Review (vide report dated 20th January, 2025) for its debut submission.
The stock traded at ₹557.05 on the NSE, lower by 2.37%.
- January 22, 2025 11:15
Stock market live today: Waaree Energies shares plummet more than 7%
The shares of Waaree Energies Limited were trading at ₹2,464.35 down by ₹209.05 or 7.82 per cent on the NSE today at 10.55 am.
Waaree Energies Limited, a leading solar module manufacturer, secured a Letter of Award on January 20, 2025, for supplying 180 MWp of solar photovoltaic modules to an unnamed domestic renewable energy developer. The supply is scheduled to begin in the fiscal year 2025-26.
- January 22, 2025 11:14
Commodity market live news: Aluminium hits fresh high
Aluminium futures has been gaining over the past couple of weeks and the price has hit a fresh high since June 2022.
The January contract posted a second consecutive weekly gain as it closed at ₹256.05 on Friday. This has also led to the contract breaking out of the ₹237-248 range, within which it has been trading since October last year.
- January 22, 2025 11:08
Bank Nifty Prediction Today – January 22, 2025: Range bound. Wait for the range to breakdown and then go short
Nifty Bank index has been oscillating around 49,000 over the last few days. The index is currently trading at 48.535, down marginally by 0.08 per cent. The advances/declines ratio is at 7:5. This slightly positive. But if the trend turns in favour of the declines, then the index can come under pressure for a fall.
- January 22, 2025 11:02
Stock market live today: Rossell Techsys eyes fundraise to boost R&D, manufacturing
Rossell Techsys is planning its growth and expansion strategies. The Company is considering raising funds in accordance with applicable laws and regulations. The proposed fundraise will support plans to enhance research and development efforts and expand manufacturing capabilities within the aerospace and defence supply chain. Additionally, the Company is formulating its strategic goals and business prospects.
Stock traded at ₹444 on the NSE, down 2.18%.
- January 22, 2025 11:00
Stock market today: Royal Orchid Hotels Ltd. (ROHL) has announced ramping up the room inventory of Regenta Suites Gurgaon. Stock traded at ₹341.45 on the NSE, down 2.50%.
- January 22, 2025 10:59
Share market live today: BPCL likely to report better profits Q-o-Q in Q3 FY25
State-run Bharat Petroleum Corporation (BPCL) is expected to post a better set of results on a sequential basis aided by strong auto-fuel marketing margin and improvement in gross refinery margins (GRMs).
However, the oil marketing company (OMC) may take some hit over losses in marketing of liquefied petroleum gas (LPG) during the December quarter. BPCL is scheduled to report its Q3 FY25 results on Wednesday.
- January 22, 2025 10:36
Technicals: Nifty Prediction today – January 22, 2025: Approaching a strong base, sellers stay cautious
Nifty 50, the benchmark index, opened today’s session higher at 23,099 versus yesterday’s close of 23,025. The index is currently trading at 23,090, up 0.3 per cent.
- January 22, 2025 10:34
Stock in focus: IndiaMart InterMesh stock slumps 10% after Q3 results and brokerage reactions
- January 22, 2025 10:34
Stock in focus: Swiggy shares down 3.01% to ₹427.20 on NSE
- January 22, 2025 10:29
Stock in focus: ICICI Prudential Life Insurance shares tumble 10% as brokerages cut target prices
Shares of ICICI Prudential Life Insurance tanked 10 per cent to hit a low of ₹572 despite 43 per cent jump in Q3 net profit to ₹326 crore.
Its net premium income for the quarter ended December 2024 rose to ₹12,261 crore, as against ₹9,929 crore a year ago, and the assets under management (AUM) increased to ₹3.10 lakh crore as against ₹2.86 lakh crore, according to the stock exchange filing.
- January 22, 2025 10:25
Currency market updates: Rupee sees high volatility against US dollar in early trade
The rupee witnessed high volatility in morning trade on Wednesday, as the support from positive domestic equities was weighed down by significant pressure from global uncertainties prompting investors to take the cautious path.
- January 22, 2025 10:23
Share market live today: PNB Housing net profit soars 43%, shares decline 1.57%
PNB Housing Finance reported a 43 per cent jump in net profit to ₹483 crore for the December quarter.
Shares opened higher at ₹935 on the NSE on Wednesday, and declined 1.57% to ₹884.40 as at 10.18 am.
- January 22, 2025 10:12
Stock Recommendations: Axis Capital on Tata Tech
Maintain REDUCE with a revised TP of Rs 840 (Rs 910 earlier)
Muted revenue; industry headwinds drive cuts
Macro headwinds in Automotive business drive delays in new deals in the near term.
Services continues to lag Tech Solutions growth
- January 22, 2025 10:12
Stock Recommendations: DAM Capital on KVB
Initiate Buy, TP 274 (20% UPSIDE)
Undergone a structural transformation,
Robust ROA/ROEs of 1.7%/17% (from <1%/10% ROA/ROE in FY22).
Financial performance and business outlook have become more predictable
Sustained return ratios and no negative outcome expected
Believe KVB has the potential to remain a steady compounder
A compelling business to hold in the mid-sized banking space
- January 22, 2025 10:12
Stock Recommendations: UBS on KEI Ind
Maintain Buy, TP 5750 (FROM 6050)
Recent margin miss in our view is more led by volatile commodities and muted government capex
See structural thesis of margin improvement by FY27 remaining intact
Led by favourable change in revenue mix
Any near-term negativity believe would be an opportunity
New capacities and demand should drive 27% earnings CAGR over FY24-FY27E.
- January 22, 2025 10:11
Stock Recommendations: CITI on India Refiners
OMCs-Opportunities to buy the dip
Expect strong Q3/Q4 earnings
GRM, marketing margins, Discount Russian crude are negatives
But offset can happen due to higher inventory gains and LPG compensation
All 3 OMCs stocks have underperformed by 5-10% in last 1 month
OMCs stocks underperformed upstream peer ONGC by 10-15% over last 2-3 months
Buys on all OMCs and open positive catalyst watch for HPCL and IOCL
- January 22, 2025 10:11
Stock Recommendations: Macquarie on ICICI Pru Life
Maintain Neutral, TP 725
VNB growth continues to disappoint
Factor in VNB margins of 23.9% in FY25E vs 9MFY25 margins of 22.8
Would be difficult to sustain the VNB margin at current levels even when new surrender value rules kick in from 2H FY25
Issues with captive channel remain causes for concern
14% VNB CAGR (FY25-27E)
- January 22, 2025 10:11
Stock Recommendations: GS on ICICI Pru Life
Maintain Neutral, TP Rs650 (from Rs665)
Strong APE growth at cost of margins
Mix shifted to lower margin products like ULIPs/Group Fund business
Has repriced its products inline with Oct yields (last repricing in Apr) after it missed out on repricing opportunities in Q2;
Proprietary channels (Agency, Direct) to grow faster given investments;
Group term pricing remains a challenge
- January 22, 2025 10:11
Stock Recommendations: HSBC On ICICI Pru Life
Buy Call, Target Cut To Rs780/Sh From Rs825/Sh
Q3 Reported Healthy Growth In APE & VNB, Driven By Linked & Group Premiums
Co Can Deliver 15-17% Growth In VNB
High Reliance On Linked Products For Growth Would Be A Key Valuation Overhang
- January 22, 2025 10:10
Stock Recommendations: MS On ICICI Pru Life
Equal-Weight Call, Target At Rs695/Sh
VNB Missed Forecasts In Q3 Results
Stronger APE Growth Than Peers Has Been Driven By A Weak Base
Trim VNB Forecasts By 2% For FY25-27 Following Miss On Margin
Stock Trades At 15x FY26 P/VNB & 1.7x P/EV For 14% RoEV
Volatile History, Weaker Margin Delivery & Lower RoEV Than Peers Drive Equal-Weight
- January 22, 2025 10:10
Stock Recommendations: CITI on Paytm
Maintain Buy, TP Rs1,000 (from Rs900)
Paytm has pivoted fully to “Growth” focus and cost structure allows significantly more nimbleness
Growth momentum is solid on the merchant side with devices & loan distribution.
Consumer payments could see a steady step-up for growth in consumer monetization in the medium-term.
Raise payment GMV by 2%/3% for FY25/FY26
Consumer MTUs bottomed out in Dec’24 with a decent MoM recovery
- January 22, 2025 10:10
Stock Recommendations: MS on Reliance
Maintain Overweight, TP Rs1,606 (from Rs1,662)
RIL transitioning into a new energy company to power AI
Provide India with the infrastructure for the new tech era.
See investor debates shifting by 2HCY25
While many investors are focusing on retail multiples and refining/chemical earnings
Value unlocking in form of new use cases for existing infrastructure provides bigger opportunity for NAV to expand with gearing at multi-decade low
- January 22, 2025 10:10
Stock Recommendations: Incred on Food Delivery
Zomato – Initiate Add with TP of Rs 270
Swiggy – Initiate Add with TP of Rs 540
Imagining the blue-sky scenario suggests a long runway for MTU
Large opportunity & Food Delivery profitability to support expansion in quick commerce
Scale and platform play with structural growth drivers in place
Quick Commerce opportunity is large enough to accommodate several players
Cash cow food delivery could support Quick Commerce business growth
Advertising revenue monetization could aid the take rate
- January 22, 2025 10:08
Stock Recommendations: Nuvama on Indiamart Intermesh
Retain Reduce, TP 1970 (FROM 2500)
Subscribers decline for first time post-covid
Collection growth for the standalone business remains weak at 8% YoY
Management guiding for less than 10% growth in coming quarters for collections
Lower Sales & Marketing costs may boost short-term profitability
Yet to see any meaningful sign of improving subscriber retention.
Medium-term growth shall remain under pressure
- January 22, 2025 10:08
Stock Recommendations: Nomura on Indiamart Intermesh
Downgrade to Reduce to Neutral, TP Rs1,900 (from Rs3,150)
Unexpected Decline In Paying Subscriber Base Comes Due To Weak Addition In Last 5 Quarters
Low Gross Addition With Sticky High Customer Churn To Weigh On Collections Growth
Believe Collections Could Remain Weak In Near To Medium Term Until Churn Reduces
Gross Addition Increases & Subsequently, Net Subscriber Addition Improves
Revive FY25-27 PAT by 4-13%
- January 22, 2025 10:08
Stock Recommendations: Axis Capital on PNB Housing
Maintain Buy, TP 1200
The stock remains preferred pick among HFCs
Q3FY25 – growth continues, spreads improve
Spreads improved 8 bps QoQ on changing product mix
Healthy retail disbursements led by affordable and emerging segments
Margin will continue to improve on rising share of affordable and emerging segments
- January 22, 2025 10:07
Stock Recommendations: MS on PNB Housing
Overweight Call, Target At Rs1,520/Sh
Key Drivers Progressed As Expected In Q3
All key metrics were on track to meet management’s medium-term guidance
Retail loan growth and management commentary was encouraging
Stage 2 ratio was higher QoQ; management expects this to reverse in Q4
Rising system asset quality concerns improve relative positioning, strengthening our thesis
A strong developing story at 1.2 FY26 P/B – significant downside protection and upside potential
- January 22, 2025 10:07
Stock Recommendations: Nomura on Dalmia Bharat
Maintain Reduce, TP 1680
EBIDTA miss as volume disappoints
EBITDA/t Came In Just 2% Above Est, Largely On Account Of Better Than Expected Realisations
Lost market share in South due to higher competitive intensity
Fuel consumption decline 5% QoQ to $96/t
Key monitorable will be next stage of expansion
- January 22, 2025 10:07
Stock Recommendations: MS on Dalmia Bharat
Underweight Call, Target At Rs1,750/Sh
Q3 Was Another Weak Quarter
Net Revenue Came Below Estimates
Vol Were Much Weaker Than Expected But This Negative Was Partially Offset By Better Realisations
Sense Is That Co Prioritized Sales In North/Central Regions Where Pricing Was Good
Operations costs were worse than expected
- January 22, 2025 10:07
Stock Recommendations: Jefferies on Dalmia Bharat
Maintain Buy, TP 2070
Cement sector result season starts on a weaker note
Weak volume growth, Miss in EBIDTA also due to higher operating costs
Realisations fared slightly better (+3% QoQ)
Net debt increased from Rs 6400cr to Rs 12400cr QoQ
- January 22, 2025 10:07
Stock Recommendations: MOSL On MCX
Neutral Call, Target At `6,100/Sh
Miss On Q3 Earnings; New Product Launches Key To Re-rating
Volumes Were Healthy With An Overall Jump Of 102% YoY
Mgmt Guided For Momentum To Sustain, Driven By New Product Launches, Increasing Participation
Cut EPS Estimates By 4%/14%/11% For FY25/26/27 Due To A Lack Of Visibility On Product Launches
- January 22, 2025 10:06
Stock Recommendations: UBS on MCX
Buy, TP Rs 7800
Yesterday’s market reaction (stock down 9%) was unwarranted
In 3Q, delivered strong rev growth of 57%YoY, slightly lower than expectations but mainly due to decline in non trading rev
On flip side, trading rev was better than expectation
With new CEO stepping in, believe market to be upbeat about potential new products
These include likely launch of options for METLDEX (base metal index) & BULLDEX (bullion index)
Also launch of other products could be fast tracked
- January 22, 2025 10:04
Share market live today: Tembo Global: Co signs Rs 1,000 cr MOU with Govt of Maharashtra for defence projects
- January 22, 2025 10:04
Share market live today: Reliance Infra: Co signs Rs 16,500 cr MOU with Govt of Maharashtra for defence projects
- January 22, 2025 10:03
Share market live today: Bharat Forge: Co unit signs Rs 5,250 cr MOU with Govt of Maharashtra for defence, steel, and EV sectors
- January 22, 2025 09:55
Share market live today: Zomato shares fall 5% post Q3 results, trading at ₹208.05
Zomato shares dipped further by 5% to hit a low of ₹203.85, following Q3 results.
Currently trades 3.03% lower on the NSE at ₹208.05.
- January 22, 2025 09:51
Share market live today: Tanla Platforms stock drops 7% as net profit falls and board approves subsidiary sale
Tanla Platforms stock declined nearly 7% to hit an intraday low of ₹618.05 on the NSE. Company’s consolidated net profit after tax for the quarter ended December 2024 declined to ₹118.51 crore as against ₹140.13 crore in the corresponding quarter previous year.
The company’s board has approved sale/ disposal of 100% equity stake in Gamooga Softtech Private Limited (“Gamooga”), a WhollyOwned subsidiary of the Company to Karix Mobile Private Limited (“Karix”), another WhollyOwned Subsidiary of the Company.
It has also declared interim dividend for the FY 2024-25 at the rate of ₹6 per equity share.
- January 22, 2025 09:43
Share market live today: Tata Technologies shares fall 2.45% following PAT decline in Q3
Tata Technologies shares declined 2.45% on the NSE to ₹796.85, after company reported a drop in PAT for the quarter ended December 2024 at ₹168.64 crore as against ₹170.22 crore in the corresponding quarter previous year.
- January 22, 2025 09:40
Share market live today: Piramal Pharma issues corporate guarantee for subsidiaries amid share price decline
Piramal Pharma has issued Corporate Guarantee on behalf of Piramal Dutch Holdings N.V., a Wholly owned Subsidiary (‘PDH NV’) and PPL Pharma Inc., a step down Wholly owned Subsidiary (‘PPL Pharma’) of the Company for an amount not exceeding USD 216 million in favour of The Hong Kong and Shanghai Banking Corporation Limited, BNP Paribas, Axis Bank Limited and such other bank, financial institution, trust, fund or other entity that becomes a party to the facility agreement.
Shares dip 1.04% on the NSE to ₹238.40
- January 22, 2025 09:40
Share market live today: Lemon Tree Hotels signs two new agreements in Guwahati amid share dip
Lemon Tree Hotels has signed two License Agreements viz Keys Select by Lemon Tree Hotels, GS Road, Guwahati and Keys Select by Lemon Tree Hotels, Dishpur, Guwahati. Both the properties shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.
Shares slip 0.97% on the NSE to ₹140.50
- January 22, 2025 09:39
Nifty Today: Top gainers, losers on the NSE as at 9.31 am
WhatsApp Image 2025-01-22 at 09.32.40.jpeg
- January 22, 2025 09:30
Crude oil prices today: Crude oil futures remain steady amid Trump tariff hints
Crude oil futures traded flat on Wednesday after the US President, Donald Trump, hinted at imposing a 10 per cent tariff on China. At 9.28 am on Wednesday, March Brent oil futures were at $79.34, up by 0.06 per cent, and March crude oil futures on WTI (West Texas Intermediate) were at $75.80, down by 0.04 per cent. February crude oil futures were trading at ₹6573 on Multi Commodity Exchange (MCX) during the initial hour of trading on Wednesday against the previous close of ₹6564, up by 0.14 per cent, and March futures were trading at ₹6530 against the previous close of ₹6513, up by 0.26 per cent.
- January 22, 2025 09:23
Share market live updates: Opening Bell: Markets open higher on global tech rally, Trump’s softer tariff stance
Equity markets opened higher on Wednesday, tracking positive global cues after U.S. President Donald Trump’s indication of lower-than-expected tariffs on Chinese imports and renewed focus on AI investments boosted technology stocks worldwide.
- January 22, 2025 08:48
Share market live today: PTC Industries seeks to leverage global titanium shortages amid Russia sanctions
India’s PTC Industries is looking to capitalise on global titanium supply disruptions caused by sanctions on Russia, the world’s largest titanium producer, according to market analysts tracking the defense manufacturing sector.
“Every player in titanium recycling or titanium manufacturing is going to have a bigger advantage due to export restrictions on Russia. This is going to have a larger impact on the entire supply chain of titanium across the globe,” said Kranthi Bathini, Director, Equity Strategy at WealthMills Securities.
- January 22, 2025 08:34
Share market live today: Fund Houses Recommendations
Citi on PayTM: Maintain Buy on Company, raise target price at Rs 1000/Sh (Positive)
Axis on PNB Housing: Maintain Buy on Company, target price at Rs 1200/Sh (Positive)
HSBC on Zomato: Maintain Buy on Company, target price at Rs 315/Sh (Positive)
Incred on Zomato: Initiate Add on Company, target price at Rs 270/Sh (Positive)
Incred on Swiggy: Initiate Add on Company, target price at Rs 540/Sh (Positive)
DAM on Karur Bank: Initiate Buy on Company, target price at Rs 274/Sh (Positive)
Citi on India Refiners: OMCs are a buy-the-dip opportunity with strong Q3/Q4 earnings despite GRM and margin headwinds, HPCL & IOCL on catalyst watch. (Positive)
MS on Reliance Ind: Maintain Overweight on Company, cut target price at Rs 1606/Sh versus Rs 1662/Sh (Positive)
Macquarie on ICICI Pru: Maintain Hold on Company, target price at Rs 725/Sh (Neutral)
GS on ICICI Pru: Maintain Neutral on Company, cut target price at Rs 660/Sh (Neutral)
Nuvama on ICICI Pru: Maintain Hold on Company, cut target price at Rs 720/Sh (Neutral)
Nomura on ICICI Pru: Maintain Reduce on Company, cut target price at Rs 715/Sh (Neutral)
Jefferies on Dalmia Bharat: Maintain Reduce on Company, target price at Rs 2070/Sh (Neutral)
MS on Dalmia Bharat: Maintain Neutral on Company, target price at Rs 1750/Sh (Neutral)
UBS on KEI Ind: Maintain Buy on Company, cut target price at Rs 5750/Sh (Neutral)
Citi on Tata Tech: Maintain Sell on Company, cut target price at Rs 765/Sh (Neutral)
Axis on Tata Tech: Maintain Reduce on Company, cut target price at Rs 840/Sh (Neutral)
Nomura on Dalmia Bharat: Maintain Reduce on Company, target price at Rs 1680/Sh (Negative)
Nuvama on India Mart: Maintain Neutral on Company, cut target price at Rs 1970/Sh (Negative)
Nomura on India Mart: Downgrade to Neutral on Company, cut target price at Rs 1900/Sh (Negative)
- January 22, 2025 08:17
Share market live today: Stocks in News
Tech Mahindra: CEO says 2026 could be a year of ‘explosive’ growth. (Positive)
JSW Group: To invest ₹3 lakh crore in Maharashtra across key sectors (Positive)
Neuland Labs: Company announces ₹342-crore investment to hike capacity in Telangana units. (Positive)
Railtel: Company has received a work order worth ₹46.79 crore. (Positive)
MSTC: Strategic Disinvestment transaction of FSNL (a wholly owned subsidiary of MSTC Ltd) has successfully concluded today with transfer of 100% shares of FSNL by MSTC. (Positive)
*IDBI Bank: Selloff picks up pace as suitors get data access as per ET sources. (Positive)
HCL Technologies: Company with a new 320,000 sqft center housing 5,000 employees. (Positive)
Supreme Power: Company secured an Rs 21.30 Cr order from a Chennai-based electric company for distribution transformers. (Positive)
SBEC Systems: Company Started installation of a 545 KWp solar plant for Jayesh Tradex Private Limited in Modi Nagar, Uttar Pradesh. (Positive)
ICICI Pru: Company reported a 43% surge in net profit of ₹326 crore, the net premium income increased to ₹12,261 crore, as against ₹9,929 crore YoY (Positive)
PNB Housing: Net Profit Up 36% At ₹471.4 Cr Vs ₹346.5 Cr, NII Up 15% At ₹764.5 Cr Vs ₹664.5 Cr (YoY) (Positive)
KEI Industries: Net profit at Rs 164.8 cr vs Rs 150.6 cr, Revenue at Rs. 2467.2 cr vs Rs 2059.3 cr.(YoY). (Positive)
Indiabulls Enterprises: Company announced a new real estate project in Ludhiana, Punjab, spanning 24.5 acres and encompassing 43.20 lac sq ft of saleable area. (Positive)
JMJ Fintech: Company announced a rights issue to raise up to Rs. 49 Cr through the issuance of equity shares. (Neutral)
Bajaj Auto: Company received an order of Rs 2.32 Cr from the Assistant Commissioner, Guwahati-I Division, CGST & CX, Guwahati, for discrepancies between E-waybill. (Neutral)
Kirloskar Brothers: Company filed a suit against Kirloskar Proprietary Ltd regarding trademark license termination. (Neutral)
Tata Technologies: Net profit at Rs 168.6 cr vs Rs 170.2 cr, Revenue at Rs. 1317.4 cr vs Rs 1289.5 cr.(YoY). (Neutral)
Kinetic Engineering: Company announced a significant Rs. 177 crore investment, primarily from promoters, to fuel growth and reach a Rs. 1,000 crore revenue target by 2029.. (Neutral)
Centum Electronics: Company will invest up to 2 Million Euro in its subsidiary, Centum T&S group SA, through its wholly-owned subsidiary, Centum Electronics UK. (Neutral)
Winro Commercial: Company announced an investment in Urudavan Investment and Trading Private Limited. (Neutral)
Cyient DLM: Net profit at Rs 4 cr vs Rs 6 cr, Revenue at Rs. 444 cr vs Rs 321 cr (YoY). (Neutral)
Indian Hotels: Net profit at Rs 582 cr vs poll of Rs 603 cr , Revenue at Rs 2533 cr vs poll of Rs 2429 cr. . (Neutral)
Jana Small Finance Bank: Net profit at Rs 110.6 cr vs Rs 134.6 cr, NII at Rs. 593 cr vs Rs 548.5 cr.(YoY). (Neutral)
Advance Petrochemicals: Company announced the resignation of its Company Secretary and Compliance Officer, Mr. Mohit Asawa, effective January 21, 2025. (Neutral)
Hester Biosciences: Company received a GST demand order for ₹3.25 million (ITC & penalty) for FY 2017-18 to FY 2020-21. (Neutral)
Kilitch Drugs (India): Company invests $200,000 in kilitch estro biotech (Neutral)
ABFRL: Company has successfully completed a ₹1,860 crore fundraising through a Qualified Institutional Placemen (Neutral)
India Mart: Net profit at Rs 121 cr vs Rs 81.9 cr, Revenue at Rs. 354 cr vs Rs 305 cr (YoY) (Neutral)
Tanla Platforms: Net profit Down 15.4% At ₹118.5 Cr Vs ₹140.1 Cr, Revenue Down 0.2% At ₹1,000.4 Cr Vs ₹1,002.6 Cr (YoY) (Negative)
Dalmia Bharat: Net profit at Rs 66 cr vs Rs 266 cr, Revenue at Rs. 3181 cr vs Rs 3604 cr (YoY) (Negative)
India Cements: Net profit at Rs -428.8 cr vs Rs -16.5 cr, Revenue at Rs. 903.2 cr vs Rs 1082 cr (YoY). (Negative)
Rossari: Net Profit Down 7.6% At ₹31.7 Vs ₹34.3 Cr, Revenue Up 10.6% At ₹512.7 Cr Vs ₹463.7 Cr (YoY) (Negative)
- January 22, 2025 08:08
India Cements Q3 net loss at ₹429 cr vs ₹16.51 cr YoY
THIRD QUARTER RESULTS
Net loss 4.29 billion rupees vs. loss 165.1 million rupees y/y, estimate loss 1.66 billion rupees (Bloomberg Consensus)
Revenue 9.03 billion rupees, -16% y/y, estimate 10.11 billion rupees
Total costs 12.2 billion rupees, +6.1% y/y
Raw material costs 2 billion rupees, +11% y/y
Power and fuel expense 3.99 billion rupees, +7.8% y/y
Other income 106.2 million rupees, -37% y/y
- January 22, 2025 08:07
Share market live today: Dalmia Bharat’s Q3 net income missed analyst estimate
THIRD QUARTER RESULTS
Net income 610 million rupees, -77% y/y, estimate 1.34 billion rupees (Bloomberg Consensus)
Revenue 31.81 billion rupees, -12% y/y, estimate 33.9 billion rupees
Total costs 31.35 billion rupees, -5% y/y
Power and fuel expense 6.66 billion rupees, -8.3% y/y, estimate 7.74 billion rupees
Other income 370 million rupees, -38% y/y
- January 22, 2025 07:45
Share market live updates: Engineering and Enterprise Modernization achieves ICRA AA+ (Stable) credit rating
Persistent Systems (BSE: 533179 and NSE: PERSISTENT), a global leader in Digital Engineering and Enterprise Modernization, today announced that it has achieved [ICRA]AA+ (Stable) credit rating, reinforcing its strong financial position, business resilience, and operational excellence.
ICRA Limited (ICRA) is an Indian independent and professional investment information and credit rating agency. ICRA’s comprehensive rating assessment involves an in-depth evaluation of financial statements, extensive discussions with the senior leadership team, and a detailed analysis of business performance. Key factors such as revenue growth, operational efficiency, capital structure, and liquidity position are meticulously reviewed to gauge financial resilience and long-term stability.
The AA+ (Stable) rating from ICRA reinforces stakeholder trust, demonstrating Persistent’s sustained growth momentum and resilience in navigating dynamic macroeconomic conditions.
- January 22, 2025 07:43
Share market live today: United Airlines Q4 24 Earnings:
- Adjusted Net Income: $1.10B (est $987.6M)
- Sees Q1 Adj EPS: $0.75 - $1.25 (est $0.54)
- Sees FY Adj Diluted EPS: $11.50 - $13.50
- Sees FY Adj CapEx: < $7B
- Year-End 2025 Fleet Plan: B737 MAX: 235 aircraft; A321 NEO/XLR: 57 aircraft
- Sees Q1 Demand: Strong domestic RASM trends turning solidly positive YoY with continued international RASM improvement
(Stock prices jumped by 4 percent post trading hours)
- January 22, 2025 07:42
Share market updates: Major U.S. listed stocks result calendar 22.01.2025
Procter & Gamble Company (Pre market) (Sector- FMCG)
Johnson & Johnson (Pre market) (Sector- Healthcare)
Abbott Laboratories (Pre market) (Sector- Healthcare)
GE Vernova Inc (Pre market) (Sector- Power)
Amphenol Corporation (Pre market) (Sector- Technology)
The Travelers Companies, Inc. (Pre market) (Sector- Financial)
TE Connectivity plc (Pre market) (Sector- Technology)
Halliburton Company (Pre market) (Sector- Energy)
Teledyne Technologies Incorporated (Pre market) (Sector- Technology)
Ally Financial Inc. (Pre market) (Sector- Financial)
Kinder Morgan, Inc. (Post market) (Sector- Energy)
Discover Financial Services (Post market) (Sector- Financial)
Steel Dynamics, Inc. (Post market) (Sector- Metal)
CACI International, Inc. (Post market) (Sector- Technology)
Progressive Corporation (TENT) (Sector- Financial)
United Rentals, Inc. (TENT) (Sector- Capital Goods)
Crown Castle Inc. (TENT) (Sector- Real Estate)
Las Vegas Sands Corp. (TENT) (Sector- Hotels)
Stifel Financial Corporation (TENT) (Sector- Financial)
- January 22, 2025 07:42
Share market live today: Q3FY25 EARNING CALENDAR 23.01.2025
ACGL, ADANIENSOL, ADANIGREEN, ALIVUS, AMBER, CGCL, CYIENT, DRREDDY, EFCIL, GREAVESCOT, HINDPETRO, IEX, INDUSTOWER, IONEXCHANG, JAYNECOIND, KFINTECH, MANKIND, MPHASIS, MPSLTD,NAM-INDIA, RAJRATAN, SENORES, SGMART, SONACOMS, SPANDANA, SURYODAY, SYNGENE, TEJASNET, THYROCARE, TTML, UJJIVANSFB, ULTRACEMCO, UNITDSPR, V2RETAIL, ZEEL
DRREDDY YoY
* Revenue expected at Rs 8083 crore versus Rs 7236 crore
* EBITDA expected to be seen at Rs 2250 crore versus Rs 2023 crore
* EBITDA margin expected to be seen at 27.84% versus 27.96%
* Net profit expected to be seen at Rs 1457 crore versus Rs 1380 crore
HINDPETRO QoQ
* Revenue expected at Rs 104070 crore versus Rs 99977 crore
* EBITDA expected to be seen at Rs 5765 crore versus Rs 2707 crore
* EBITDA margin expected to be seen at 5.54% versus 2.71%
* Net profit expected to be seen at Rs 2675 crore versus Rs 142 crore
INDUSTOWER YoY
* Revenue expected at Rs 7589 crore versus Rs 7199 crore
* EBITDA expected to be seen at Rs 4363 crore versus Rs 3720 crore
* EBITDA margin expected to be seen at 57.49% versus 51.68%
* Net profit expected to be seen at Rs 1861 crore versus Rs 1540 crore
MANKIND YoY
* Revenue expected at Rs 3237 crore versus Rs 2607 crore
* EBITDA expected to be seen at Rs 827 crore versus Rs 611 crore
* EBITDA margin expected to be seen at 25.55% versus 23.44%
* Net profit expected to be seen at Rs 446 crore versus Rs 453 crore
- January 22, 2025 07:42
Share market live today: Q3FY25 EARNING CALENDAR 22.01.2025
ACCELYA, ALLDIGI, BPCL, CIGNITITEC, COFORGE, ELECON, GODIGIT, GRAVITA, HDFCBANK, HERITGFOOD, HINDUNILVR, HUDCO, JAGSNPHARM, LXCHEM, NIITMTS, NUVOCO, PERSISTENT, PIDILITIND, POLYCAB, RTNPOWER, TATACOMM, TIPSMUSIC, VTL, WENDT, ZENSARTECH
BPCL QoQ
* Revenue expected at Rs 109538 crore versus Rs 117948 crore
* EBITDA expected to be seen at Rs 9720 crore versus Rs 4517 crore
* EBITDA margin expected to be seen at 8.87% versus 3.83%
* Net profit expected to be seen at Rs 4938 crore versus Rs 2372 crore
COFORGE QoQ
* Revenue expected at Rs 3185 crore versus Rs 3062 crore
* EBIT expected to be seen at Rs 398 crore versus Rs 287 crore
* EBIT margin expected to be seen at 12.50% versus 9.37%
* Net profit expected to be seen at Rs 265 crore versus Rs 202 crore
HDFCBANK YoY
* NII expected at Rs 30773 crore versus Rs 28471 crore
* EBIT expected to be seen at Rs 24965 crore versus Rs 23647 crore
* EBIT margin expected to be seen at 63.38% versus 59.70%
* Net profit expected to be seen at Rs 16703 crore versus Rs 16372 crore
HINDUNILVR YoY
* Revenue expected at Rs 15573 crore versus Rs 15567 crore
* EBITDA expected to be seen at Rs 3580 crore versus Rs 3666 crore
* EBITDA margin expected to be seen at 22.99% versus 23.55%
* Net profit expected to be seen at Rs 2543 crore versus Rs 2539 crore
PERSISTENT QoQ
* Revenue expected at Rs 3040 crore versus Rs 2897 crore
* EBIT expected to be seen at Rs 442 crore versus Rs 406 crore
* EBIT margin expected to be seen at 14.54% versus 14.02%
* Net profit expected to be seen at Rs 341 crore versus Rs 325 crore
PIDILITIND YoY
* Revenue expected at Rs 3400 crore versus Rs 3130 crore
* EBITDA expected to be seen at Rs 833 crore versus Rs 742 crore
* EBITDA margin expected to be seen at 24.50% versus 23.72%
* Net profit expected to be seen at Rs 590 crore versus Rs 510 crore
POLYCAB YoY
* Revenue expected at Rs 5395 crore versus Rs 4340 crore
* EBITDA expected to be seen at Rs 686 crore versus Rs 569 crore
* EBITDA margin expected to be seen at 12.72% versus 13.03%
* Net profit expected to be seen at Rs 491 crore versus Rs 412 crore
TATACOMM YoY
* Revenue expected at Rs 5909 crore versus Rs 5633 crore
* EBITDA expected to be seen at Rs 1164 crore versus Rs 1134 crore
* EBITDA margin expected to be seen at 19.70% versus 20.13%
* Net profit expected to be seen at Rs 260 crore versus Rs 230 crore
- January 22, 2025 07:41
Share market live today: Q3FY25 Earnings Calandar
MPHASIS QoQ
* Revenue expected at Rs 3568 crore versus Rs 3536 crore
* EBIT expected to be seen at Rs 542 crore versus Rs 544 crore
* EBIT margin expected to be seen at 15.20% versus 15.38%
* Net profit expected to be seen at Rs 425 crore versus Rs 423 crore
NAM-INDIA YoY
* Revenue expected at Rs 583 crore versus Rs 423 crore
* Net profit expected to be seen at Rs 360 crore versus Rs 284 crore
SONACOMS YoY
* Revenue expected at Rs 867 crore versus Rs 776 crore
* EBITDA expected to be seen at Rs 236 crore versus Rs 232 crore
* EBITDA margin expected to be seen at 27.22% versus 29.94%
* Net profit expected to be seen at Rs 149 crore versus Rs 132 crore
ULTRACEMCO YoY
* Revenue expected at Rs 16727 crore versus Rs 16740 crore
* EBITDA expected to be seen at Rs 2723 crore versus Rs 3254 crore
* EBITDA margin expected to be seen at 16.28% versus 19.44%
* Net profit expected to be seen at Rs 1268 crore versus Rs 1777 crore
UNITDSPR YoY
* Revenue expected at Rs 3341 crore versus Rs 3002 crore
* EBITDA expected to be seen at Rs 563 crore versus Rs 486 crore
* EBITDA margin expected to be seen at 16.85% versus 16.21%
* Net profit expected to be seen at Rs 389 crore versus Rs 350 crore
- January 22, 2025 07:40
Stock market live today: Economic Calendar – 22.01.2025
20:45 EURO ECB President Lagarde Speaks
- January 22, 2025 07:39
IPO Updates: Denta Water and Infra Solutions IPO opens today at ₹279-294
The ₹220.50-crore initial public offering of Denta Water and Infra Solutions opens today and closes on January 24. The price band for the offer has been determined at ₹279-294 a share. The IPO is entirely a fresh issue of up to 75,00,000 equity shares with no offer-for-sale components.
- January 22, 2025 07:32
Share market live today: Technical pullback seen for battered Sensex, Nifty
Gifty Nifty indicates a positive head start for domestic markets on Wednesday amidst global recovery. Gifty Nifty at 23,150 signals a gain of about 50 points for Nifty.
Market sentiment turned cautious after US President Donald Trump announced trade tariffs on neighbouring countries, creating uncertainty around global trade dynamics. This move fueled concerns over potential disruptions in international trade, leading to a pullback in domestic equities.
- January 22, 2025 07:19
Share market live today: Stocks that will see action today: January 22, 2025
Buzzing stocks: Sequent Scientific, NDR InvIT, JK Tyre, Intellect Design, CUMI, Wendt, Tata Power
- January 22, 2025 07:13
Share market live today: Fund Flow Activity: 21 January 2025
(Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 99502.09 + 6387.47 Total: 105889.56
F&O Volume: 16300115.05 + 36621996.23 Total: 52922111.28
Provisional Cash
FII/FPI: NET SELL: -5920.28
(9983.18 - 15903.46)
DII: NET BUY: +3500.32
(14355.52 - 10855.2)
- January 22, 2025 07:11
Share market live today: Adani Energy wins orders worth ₹25,000 crore from Rajasthan
- January 22, 2025 07:11
Share market live today: Aditya Birla Real Estate: Q3 consolidated net loss ₹40.6 cr vs profit ₹8.33 cr million (YoY)
ADITYA BIRLA REAL ESTATE: Q3 CONS NET LOSS 406M RUPEES VS PROFIT 833M (YOY) (NUMBER TRAILED YOY)
- January 22, 2025 07:10
Share market live today: South Indian Bank: Q3 standalone net profit ₹340 cr vs ₹305 cr (YoY)
SOUTH INDIAN BANK: Q3 SL NET PROFIT 3.4B RUPEES VS 3.05B (YOY), Q3 NNPA 1.25% VS 1.31% (QOQ) (NUMBERS SEEN INLINE WITH IMPROVEMENT IN ASSET QUALITY)
- January 22, 2025 06:50
Trading Guide for January 22, 2025: Intraday supports, resistances for Nifty50 stocks
Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI
- January 22, 2025 06:48
WATCH: Today’s Stock Recommendation: January 22, 2025
Here’s an interesting stock idea: The stock idea that we have for you today is Exide Industries. The stock has been in a strong downtrend. After a short-lived bounce, the stock has resumed its downtrend now. The short-term outlook is bearish. Check out the latest episode of bl.Today’s Pick to learn more.
