tock Market on 1 February 2025 | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets.
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- February 01, 2025 16:04
Share market live today: Agri stocks surge up to 13% after Govt announces PM Dhan-Dhaanya Krishi Yojana
Shares of agriculture companies surged up to 13 per cent on Saturday after Finance Minister Nirmala Sitharaman announced PM Dhan-Dhaanya Krishi Yojana, covering 100 districts with low yields, modern crop intensity and below-average credit parameters.
The scrip of Kaveri Seed Co soared 13.49 per cent to Rs 1,020.70 apiece, Mangalam Seeds climbed 7.09 per cent to Rs 222, Nath Bio-Genes jumped 5.77 per cent to Rs 178.60, Dhanuka Agritech increased 2.61 per cent to Rs 1,479.35 and UPL appreciated 0.94 per cent to Rs 609 on the BSE.
Additionally, Paradeep Phosphates shares increased 2.75 per cent to Rs 115.90, Rashtriya Chemicals & Fertilisers appreciated 0.95 per cent to Rs 164.75, PI Industries climbed 0.85 per cent to Rs 3,512.05, Bayer Crop Science rose 0.67 per cent to Rs 5,148.25 and Mangalore Chemicals & Fertilizers went up 0.45 per cent to Rs 168.45 apiece on the bourse. - PTI
- February 01, 2025 16:01
Share market updates: Weekly Gains: Nifty up 1.74% and Sensex jumps over 1300 points
Shrikant Chouhan, Head Equity Research, Kotak Securities:
In the last week, the benchmark indices bounced back sharply. The Nifty ended 1.74 percent, whereas the Sensex was up over 1300 points. Among sectors, the Realty index outperformed, rallying over 11 percent, whereas the Capital Market and IT indices lost the most, with the Capital Market index shed 5 percent and the IT index down by 3.25 percent. During the week, the market slipped below 23,000/75500 but, due to oversold conditions, it bounced back sharply. After forming a promising reversal pattern, the market held its positive momentum throughout the week. Technically, on weekly charts, it has formed a long bullish candle and is currently trading comfortably above its 20-day Simple Moving Average (SMA), which is largely positive.
We are of the view that the short-term market texture is bullish, but due to temporary overbought conditions, we could see range-bound action in the near future. For traders, the 20-day SMA or 23,270/77000 and 23,100/76500 would act as key support zones, while the 50-day SMA or 23,810 /78500 and 23,900/78800 could be the key resistance areas for the bulls. For Bank Nifty, as long as it is trading above its 20-day SMA or 49,000, the bullish formation is likely to continue. On the higher side, 50,250 and 50,500 would be the key resistance zones for the traders.
- February 01, 2025 15:59
Budget reactions: Anand Vardarajan, Chief Business Officer, Tata Asset Management, focusing on tourism and tax exemption.
Tourism was one of the significant contributor to services in GDP in FY24. The announcement of developing 50 top tourist destination in a holistic way is a big step to boost this sector even further. We are seeing a surge in travel led by leisure, business, pilgrimage or even medical tourism. Specific interventions could further bolster prospects for this sector. We have a Tourism fund which strives to take advantage of such opportunities that the sector presents.
Additionally, the increase in tax exemption limit upto Rs. 12 lacs undoubtedly puts more money in the pockets of the individual. This is now nearly 6 times the per capita GDP up from nearly 3 times in the past. This may possibly find its way into either spending or investment. Some of the additional income can now be squirrelled into SIPs for long term investment and this bodes well for individuals to consider this as an option.
- February 01, 2025 15:58
Share market live today: Nifty realty, FMCG indices were up 3%, while Nifty PSU Bank, IT, oil & gas and metal closed over 1% lower.
- February 01, 2025 15:47
Share market live today: V.S.T Tillers Tractors reports 3,416 units sold in January; shares up 1.77%
V.S.T Tillers Tractors’ total sales in Jan 2025 stood at 3,416 units as against 4,146 units in Jan 2023.
Shares closed 1.77% positive at ₹4,720 on the NSE
- February 01, 2025 15:47
Share market updates: Sundararaman Ramamurthy, MD & CEO, BSE on Budget 2025
The focus areas rightly aim at accelerating growth, securing inclusive development, invigorating ease of doing business and employment generation via reforms, uplifting household consumption, and enhancing spending power of India’s aspirational middle class.
While the highlight of the budget remains the increased basic income tax exemption limit to Rs 12 lakh, the honourable Finance Minister’s 8th straight Budget follows up from the previous budget in July 2024 with specific focus on garib, yuva, nari, and annadata. Various schemes such as agriculture, EVs, manufacturing, shipbuilding, power, infrastructure, tourism, MSME, and insurance, makes it an overall balanced budget.
- February 01, 2025 15:46
Share market updates: Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas on Budget 2025
India’s 2025 Budget makes clear that the country will not succumb to inertia as the the world’s economic environment evolves. In a contentious global environment, where protectionism and domestic deregulation will converge unpredictably, the Budget signals India’s intent to chart its own course, embracing regulatory reform while strengthening global competitiveness. This agenda is a transformative step forward, and if executed effectively, it can solidify India as a steady global business hub in the face of geopolitical uncertainty.
- February 01, 2025 15:45
Nifty today: Top gainers, losers on the NSE
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- February 01, 2025 15:38
Share market live today: Tax proposals will help flows into markets, consumption: NSE MD
NSE’s chief executive and managing director Ashish Chauhan on Saturday welcomed tax proposals in the Union budget, saying it will help increase flows into the markets.
The proposal of nil tax on incomes up to Rs 12.75 lakh per annum for salaried professionals will also help consumption, the chief of the country’s largest stock bourse said.
“The much-expected tax relief is given to the taxpayer up to Rs 12.75 lakh per annum for a salaried person does not have to pay even a rupee as tax. I think that is a very welcome move, which will help consumption and also investment increase into markets,” Chauhan told PTI.
- February 01, 2025 15:37
CLOSING BELL: Indices closed flat on Saturday, Sensex ended at 77,505.96, and Nifty 50 at 23,482.15.
- February 01, 2025 15:31
Share market live today: Windsor Machines reports ₹41.67 crore profit, stock hits upper circuit at ₹321
Windsor Machines recorded its consolidated net profit for the quarter ended December 2024 at ₹41.67 crore as against 1.67 crore in the corresponding quarter previous year.
Stock locked in upper circuit on the NSE at ₹321.
- February 01, 2025 15:29
Stock in focus: Maruti Suzuki’s January production rises to 2,06,851 Units; shares jump 4.93%
Maruti Suzuki India recorded its total production volume in Jan 2025 at 2,06,851 units, as againat 2,04,876 units in Jan 2024.
Shares soared 4.93% on the NSE to ₹12,917.80
- February 01, 2025 15:28
Union Budget 25-26 by Shishir Baijal, Chairman and Managing Director, Knight Frank India
Budget focused on creating disposable income and boost consumption
The Union Budget 2025 -26 was presented in the backdrop of a slower GDP growth, higher than tolerable inflation rates and historical lows of the Indian Rupee. The issue of reducing private consumption was looming large which could have wider ramifications if not addressed early. With that the government focused on providing disposable income and boost consumption. The highlight of this budget is clearly the reduction in the Income Tax burden on the middle-class which will bear no tax up to an income of INR 12 Lakh fundamentally increasing disposable incomes and boosting consumption.
For the housing sector, the INR 15,000 cr allocation toward the SWAMIH Fund will support the delivery of stressed projects. The investor friendly approach of the government is also apparent in the move to remove the erstwhile tax on deemed rent for two self-occupied properties compared to one earlier.
The INR 11.21 lakh cr outlay for capital expenditure which has risen from INR 11.11 lakh cr in FY 2024 - 25 will continue to support the agenda for infrastructure development of railway, roads and overall logistics infrastructure of the country. The increase in the credit outlay for PPP projects from INR 1.3 to INR 1.5 lakh cr will boost the pace and delivery of infrastructure development across the country.
However, some crucial aspects like sops for affordable housing and a national policy towards rental housing that would have given a fillip the programme of housing for all were not addressed which we hope would be taken up subsequently.
- February 01, 2025 15:28
Stock market live today: Vishal Kampani – Vice Chairman and Managing Director, JM Financial Ltd on Budget 2025
“The budget has touched upon all key elements to accelerate economic growth. It has successfully managed to strike a balance among the trinity – offering fiscal stimulus to consumption, maintaining the fiscal glide path and undertaking reforms to boost growth. In addition, the government has opted the path of deregulations to boost ease of doing business and achieve trust-based economic growth. The tax relief by significantly raising the taxable limit and rejigging the tax slabs would give a major boost to consumer sentiment and consumption in the economy. With greater thrust on implementation and execution and announcement on asset management plan, it will bring a lot of efficiency to the economy with a greater public-private partnership. All in all, it is a growth-focused budget which will boost all the growth levers – manufacturing, access to credit, exports, employment generation, innovation and technology development, sustainability, etc. which will have a multiplier impact on the economy.”
- February 01, 2025 15:26
Share market live today: Alekh Yadav, Head of Investment Product at Sanctum Wealth on Budget 2025
The current budget has shifted its emphasis on infrastructure and manufacturing in previous budgets to a more consumption-driven approach. While this shift was somewhat expected, the larger-than-anticipated reduction in personal income tax could help support the recovery of consumption demand. The trade-off is lower than expected capital expenditure allocation. The budget also prioritizes the rural economy by supporting agriculture and strengthens MSMEs through reclassification and expanded credit access. Additionally, the government has signalled upcoming regulatory reforms aimed at improving the ease of doing business.
- February 01, 2025 15:25
Stock in focus: Vinati Organics reports ₹93.70 crore profit, approves US subsidiary; shares up 3.96%
Vinati Organics’ consolidated net profit for the quarter ended December 2024 stood at ₹93.70 crore as against ₹104.36 crore in the corresponding quarter previous year.
Board has approved the incorporation / establishment of a Wholly Owned Subsidiary of the Company in the United States of America.
Shares traded at ₹1,740 on the NSE, up 3.96%.
- February 01, 2025 15:25
Commodities market updates: KC Ravi, Chief Sustainability Officer, Syngenta India on Budget 2025
Reflecting the Mahakumbh, the Union Budget 2025 is a well- structured set of opportunities for Indian agriculture, laying out a practical, holistic, forward-looking, and revitalizing roadmap that strengthens farmers, improves productivity, and drives self-sufficiency. Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman have ensured that agriculture remains the first engine of growth, unveiling initiatives addressing not only the gaps but also tapping the opportunities to uplift rural India.
A significant highlight is the PM Dhan Dhanya Krishi Yojana, which focuses on 100 low-productivity districts, just like the Aspirational Districts Programme. The need of the hour is crop diversification, better storage facilities at the Panchayat level, improved irrigation, and access to credit, ensuring that there is uniform agriculture growth across the country making farming a more sustainable and profitable venture. The six-year self-reliance mission for pulses and oilseeds, focusing on tur, urad, and masoor, will not only further reduce import dependency but also ensure that farmers get stable prices through structured procurement agreements with NAFED and NCCF. Focus on vegetables cluster will allow farmers the flexibility to go for different options.
I especially welcome the National Mission on High-Yielding Seeds and the Cotton Productivity Mission, which will help in strengthening research in climate-resilient and pest-resistant seeds, driving long-term innovation. We are hoping the private sector will play a vital role in this as it has scaled up its R&D capabilities and look forward to working with government more proactively to be able to script a strengthened agriculture ecosystem. This Budget has the potential to be a game-changer, ensuring that farmers, agribusinesses, and rural communities thrive together in a rapidly evolving agricultural landscape.
The agrochemical industry which plays a critical role in protecting crops from pests and diseases was looking forward to some long-standing demands in GST rationalization, enhancing of weighted deduction to 200 per cent and extending Production Linked Incentive (PLI) scheme to agrochemicals sector that have not been announced. The Jan Vishwas Bill 2.0 which aims to decriminalize more than 100 provisions in various laws, promoting a more trust-based and people-friendly governance framework is welcome, and we hope this reform will be extended to the crop protection industry as well.
- February 01, 2025 15:24
Nifty today: Major gainers, losers of Nifty pharma stocks
Major Gainers:
Biocon (+2.47%), Larus Labs (+2.2%), Mankind (+2.02%)
Major losers:
Cipla (-2.53%), Aurobindo (-2.35%), Torrent Pharma (-1.95%)
- February 01, 2025 15:23
Share market live today: Rajkumar Singhal, CEO, Quest Investment Advisors for your reference.
“Big Relief for the Middle Class, Prudent Fiscal Management, and Strong Support for MSMEs
The Union Budget 2025-26 provides a major boost to the middle class with zero taxation up to ₹12 lakh, benefiting around 2 crore taxpayers. This move is expected to expand the tax base and drive higher consumption, benefiting consumer-focused businesses.
On the fiscal front, the government has maintained prudence, pegging the FY26 fiscal deficit at 4.4% of GDP—better than the expected 4.5%. This will help contain the borrowing program, preventing the crowding out of private corporate borrowings. As a result, the banking sector stands to benefit from a more stable interest rate environment and improved credit availability for businesses.
MSMEs and startups gain significantly with an increased credit guarantee cover, raising the credit limit from ₹5 crore to ₹10 crore, unlocking ₹1.5 lakh crore in additional credit over five years. This will strengthen manufacturing and entrepreneurship
Additionally, duty exemptions on key raw materials and 35 capital equipment types for lithium-ion cell manufacturing will provide a much-needed boost to battery manufacturers, aligning with India’s push towards energy security and electric mobility.
However, a notable disappointment is the lower-than-expected allocation for capital expenditure. This could slow down growth for companies reliant on government-driven infrastructure and industrial capex. While the overall budget signals stability and growth, muted capex spending may temper long-term investment-led growth.”
- February 01, 2025 15:23
Stock in focus: Aarvi Encon secures ₹38.43 crore contract with Gujarat State Petronet
Aarvi Encon Limited has been awarded the work Contract from its existing client Gujarat State Petronet Limited of worth ₹38.43 Crore.
Stock traded flat on the NSE at ₹128.26
- February 01, 2025 15:22
Share market live today: Girish Wagh, Executive Director, Tata Motors on Budget 2025
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“The Union Budget 2025 lays out a clear roadmap for long-term transformation, driving India closer to its vision of a ‘Viksit Bharat’ with progressive policies and reforms that foster modernization, economic growth, and inclusive development. The continued allocation of over Rs. 11 lakh crore in capital expenditure, alongside targeted initiatives to boost consumption, support ‘Make in India’, and promote agricultural growth, is set to create a more dynamic economic environment. The removal of basic customs duties on key materials for battery manufacturing is a strategic move to boost domestic EV production, foster a sustainable ecosystem, and drive India’s transition to a greener economy. As infrastructure projects gain momentum and consumption picks up, improved roads, connectivity, and logistics will undoubtedly drive increased demand for freight and commercial transport solutions driven by both domestic demand and broader economic recovery.”
- February 01, 2025 15:22
Stock market live today: Top gainers, losers on the NSE as at 3 pm
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- February 01, 2025 15:20
Sensex today: Stocks advance-decline ratio at 3 p.m.
Stocks advanced on BSE at 3 pm on Feb 1, 2025, were 2,074 against 1,789 stocks that declined, and 135 remained unchanged. Total stocks traded were 3,998. The number of stocks that recorded a 52-week high was 58, and those that hit a 52-week low was 68. A total of 222 stocks traded in the upper circuit, and 220 in the lower circuit.
- February 01, 2025 15:20
Share market live today: Harsh Jain, Co-founder & COO, Groww on Budget 2025
“The revised tax structure leaves more money in hand for the middle class, empowering retail investors to allocate more towards wealth creation. This will further boost financialisation of savings, as retail investors look to build long-term financial security.”
- February 01, 2025 15:19
Share market live today: Madan Mohan, President, The International Federation of Indigenous Zebu Cattle Of India on Budget 2025
“The increased loan limit under the Modified Interest Subvention Scheme from Rs 3 lakh to Rs 5 lakh is a welcome move for farmers engaged in agriculture and allied activities. This will provide much-needed financial support to small and marginal farmers, enabling them to access credit at a lower interest rate. We appreciate the government’s efforts to promote rural development and support the agricultural sector. Additionally, the focus on tourism-led employment and infrastructure development will also benefit rural communities. We look forward to seeing the positive impact of these initiatives on the ground.”
- February 01, 2025 15:18
Share market live today: Anurag Mittal, Head of Fixed Income at UTI AMC on today’s budget announcement.
“The budget continued the path of inclusive development by boosting personal spending while continuing the trajectory of fiscal consolidation. The borrowing number is marginally higher than bond market expectations as Government has not kept any short-term borrowings. This is more positive for short to medium end of the yield curve. The road map of debt/gdp to 50% by 2031 is positive from a medium-term structural perspective.”
- February 01, 2025 15:18
Share market live today: Anish Shah, Group CEO & MD, Mahindra Group on Budget 2025
We commend the 2025 Union Budget for its continued support of robust consumption growth through changes in the tax structure, effectively placing more disposable income in the hands of the Indian consumer. This will encourage private sector capex to move in a positive direction.
The theme of “Make in India for the world” remains a key focus in this budget, with efforts to reduce India’s manufacturing costs poised to significantly enhance the country’s global competitiveness. In addition to providing an immediate stimulus for demand and growth, the budget emphasizes long-term growth through substantial infrastructure investments and a strong focus on innovation.
Lastly, the theme of inclusive development, with a strong emphasis on MSMEs, agriculture, and skilling, aims to create a resilient ecosystem that will drive economic growth and help achieve the Viksit Bharat Goals by 2047.
- February 01, 2025 15:17
Share market live today: Business leaders on Budget 2025
B. Gopkumar, MD & CEO: “The Union Budget unveiled today has been a responsive one, and rightly so, as the Finance Minister stated, it is on the path to accelerating growth and boosting middle-class consumption through lower tax rates. This bodes well for the common man, including senior citizens. The government’s fiscal strategy is credible as it moves forward on the path of fiscal consolidation. Overall, I would rate this budget as pro-people and pro-growth.”
Ashish Gupta, CIO, Axis Mutual Fund: “The two big highlights of the Union Budget are how responsible and responsive the Finance Minister has been. It was critical in today’s global environment that the path for fiscal consolidation be maintained, and that has been delivered. The fiscal deficit is slated to come down to 4.4% of GDP, and this reduction is based on credible assumptions regarding expenditure and revenue. Additionally, the Finance Minister has been responsible in addressing two key areas that have been dragging growth. Firstly, on the consumption side, we believe the significant tax rate cuts on personal income will help turn the tide. Secondly, reducing the regulatory burden and enhancing the ease of doing business has been yet another important step. The setting up of a high-powered committee to reduce regulatory burdens across industries, along with mandating the FSDC to review financial sector development, are positive initiatives. I believe that these measures, when combined, should help ensure an improved growth trajectory for India.”B. Gopkumar, MD & CEO: “The Union Budget unveiled today has been a responsive one, and rightly so, as the Finance Minister stated, it is on the path to accelerating growth and boosting middle-class consumption through lower tax rates. This bodes well for the common man, including senior citizens. The government’s fiscal strategy is credible as it moves forward on the path of fiscal consolidation. Overall, I would rate this budget as pro-people and pro-growth.”
Ashish Gupta, CIO, Axis Mutual Fund: “The two big highlights of the Union Budget are how responsible and responsive the Finance Minister has been. It was critical in today’s global environment that the path for fiscal consolidation be maintained, and that has been delivered. The fiscal deficit is slated to come down to 4.4% of GDP, and this reduction is based on credible assumptions regarding expenditure and revenue. Additionally, the Finance Minister has been responsible in addressing two key areas that have been dragging growth. Firstly, on the consumption side, we believe the significant tax rate cuts on personal income will help turn the tide. Secondly, reducing the regulatory burden and enhancing the ease of doing business has been yet another important step. The setting up of a high-powered committee to reduce regulatory burdens across industries, along with mandating the FSDC to review financial sector development, are positive initiatives. I believe that these measures, when combined, should help ensure an improved growth trajectory for India.”
- February 01, 2025 15:17
Share market live today: Swapnil Aggarwal, Director, VSRK Capital on Budget 2025
We strongly support the 2025 budget’s transformative vision for India. The Union Budget 2025 introduces key fiscal and tax reforms aimed at boosting economic growth while maintaining fiscal discipline. The fiscal deficit is on a declining path, with FY25 at 4.8% and a prudent target of 4.4% for FY26, reinforcing the commitment to fiscal consolidation. The revised capex estimate stands at ₹10.18 lakh crore, slightly below initial projections but still supporting infrastructure development.
Significant policies include an upgradation of insurance sector FDI from 74% to 100%, set to attract larger foreign investments as well as amplify the growth for the sector; the government claimed to have its past efforts during tax reform where it had addressed faceless assessment, faster refund of taxes as well as implemented five Vivad Se Vishwas schemes to streamline tax disputes and resolve them as well.
The budget streamlines tariff rates, deregulation, and strengthening the grassroots economy. A new Income Tax Code is to be introduced next week, promising a simpler framework that reduces litigation and enhances compliance.
This is a big relief for taxpayers as no income tax will be payable on income up to ₹12 lakh, thereby significantly increasing disposable income and supporting consumption. The tax deduction limit on interest for senior citizens has been doubled from ₹50,000 to ₹1,00,000, providing greater financial relief to retirees.
The contribution of MSMEs to 45% of India’s exports makes them the rightfully second engine of growth. The classification limits for MSMEs have been enhanced. Credit access will be improved for micro enterprises with customized credit cards. It has also provided some relief on tax rationalization measures, like higher TDS thresholds, increased TCS limits on remittances under LRS, so as to reduce compliance burden and provide financial flexibility.
Overall, the budget balances growth with fiscal prudence and reinforces India’s long-term economic resilience while easing tax compliance and increasing financial flexibility for individuals and businesses alike. Budget 2025 focuses on fiscal consolidation and targeted support for MSMEs, while previous budgets emphasized broader stimulus and infrastructure spending.
- February 01, 2025 15:16
Nifty today: Top losers of Nifty PSU Bank stocks
Indian Bank (-3.27%), Bank of India (-3.21%), Central Bank (-2.15%), Union Bank (-1.97%)
- February 01, 2025 15:16
Share market live today: A Visionary Budget Focused on Structural Growth
Pradeep Gupta, Co-founder & Vice-chairman, Anand Rathi Group
The Union Budget announced today is more of a strategic vision statement than a transactional budget. Instead of relying on populist measures, it seeks to drive inclusive growth by providing a structured framework for reforms and development at the state level.
A key highlight is the roadmap laid out across multiple sectors—agriculture, micro, small, and medium enterprises (MSMEs), tourism, backward district development, and renewable energy—extending well beyond the next five years in some cases.
Notably, the government has exceeded its statutory obligation in reducing the fiscal deficit, which strengthens India’s case for a sovereign credit rating upgrade in the near term. This move also increases the likelihood of the Reserve Bank of India (RBI) initiating a rate-cutting cycle as early as next week, with a probable reduction of at least 25 basis points. A lower interest rate environment will, in turn, reduce borrowing costs for the corporate sector, supporting business expansion.
The emphasis on capital expenditure remains strong, with a budgetary allocation of ₹11.2 trillion for FY26. However, rather than relying solely on government spending, the budget outlines a clear execution strategy through Public-Private Partnerships (PPP), a crucial step in revitalizing the private capex cycle over the next three to five years.
Additionally, the provision of personal income tax relief for individuals earning up to ₹24 lakh per annum is expected to stimulate consumption, particularly in the discretionary spending segments of the middle and upper-middle-income groups.
Overall, this budget signals a shift towards long-term structural growth, balancing fiscal prudence with economic expansion while setting the stage for sustainable private-sector participation.
- February 01, 2025 15:15
Commodities market updates: Ankur Aggarwal, Chairman - CropLife India and Managing Director of Crystal Crop Protection Ltd on Budget 2025
“The precise focus on enhancing productivity in the Union Budget 2025-26 is expected to foster significant growth in the agricultural sector, benefiting farmers and promoting sustainable farming practices. The Government’s well-defined vision to prevent migration from rural areas, coupled with the scheme that prioritizes women and youth, is a welcome and forward-thinking step. This initiative is set to drive greater adoption of modern technologies, including drones and precision agriculture, thereby providing a much-needed boost to innovation and efficiency in the sector”.
Mr. Aggarwal, emphasized, “It is heartening to witness the inclusion of productivity and resilience in agriculture as one of the key priorities of the Union Budget 2025. The crop protection industry looks forward to partnering with both the Centre and State Governments to focus on the 100 districts with low productivity. Together, we aim to enhance agricultural output, improve sustainability, and support farmers in these regions through targeted interventions and innovative solutions”.
- February 01, 2025 15:14
Commodities market live updates: ISMA hails 2025 Budget measures for agriculture, emphasizing support for farmers and sustainability
“The Indian Sugar and Bio Energy Manufacturer Association appreciates the significant measures that have been introduced in the agricultural sector in the 2025 Budget.
The government’s assistance to farmers by issuing Kisan Credit Cards (KCC) and raising the loan cap in tandem with the expanding financial infrastructure ought to bring about welcome relief and increase agricultural activities in the country.
ISMA appreciates efforts targeted towards irrigation, because they contribute towards earning more and saving on inefficiencies within the agriculture sector. These measures strengthen our efforts on sustainability combined with economic development within the agricultural sector where sugarcane remains the mainstay of our industry.
Additionally, the Dhan Dhanya Krishi Yojana aims at increasing productivity in low productivity districts. This is expected to liberate farmers and ensure fair benefits to all participants in the agricultural sector. As always, there is a supportive attitude from ISMA in these government programs which assist farmers all over India, including those which practice sugarcane farming.” Deepak Ballani, Director General of ISMA.
- February 01, 2025 15:13
Share market live today: Budget 2025: Tax Cuts, Capex Push & Fiscal Discipline to Drive India’s Growth: Dhiraj Relli, MD and CEO, HDFC Securities
The Budget 2025 presents a masterful blueprint for India’s economic growth, skillfully balancing fiscal responsibility with progressive reforms. The budget creates a perfect foundation for future interest rate reductions by maintaining fiscal discipline while implementing growth-oriented measures. The government’s strategic focus on capital expenditure, while prudently managing non-capex expenditure, demonstrates excellent fiscal management.
In a landmark fiscal measure designed to uplift the nation’s backbone - its middle class - the government has graciously extended the tax-free threshold to a remarkable ₹12.75 lakh under the new tax regime. This magnanimous gesture translates into an unprecedented infusion of ₹1 lakh crore into the hands of middle-class households nationwide. Such a substantial enhancement to disposable income promises to invigorate the marketplace, mainly benefitting the fast-moving consumer goods sector and durable goods manufacturers, as families find themselves empowered to fulfil their essential needs and aspirational purchases with renewed confidence.
Innovation and employment generation receive powerful support through the enhanced Start-up Fund of Funds and targeted labour-intensive schemes. The budget’s comprehensive approach to strengthening agriculture, MSMEs, investments, and exports is poised to catalyse credit demand, invigorating the banking sector’s loan growth.
This thoughtful combination of tax relief and sector-specific initiatives creates a strong foundation for sustainable economic growth.
- February 01, 2025 15:13
Share market updates: Manoj Arora - Managing Director & Chief Perfumer, Sacheerome on Budget 2025 outcome, from retail, FMCG and Agriculture perspective
“We welcome the transformative agricultural reforms announced by FM Nirmala Sitharaman in Budget 2025, which will directly benefit the fragrance and flavor (F&F) sector. Initiatives like the Dhan Dhanya Krishi Yojna, high-yield seed varieties, and crop diversification will boost farm productivity, support farmers, and drive long-term benefits. Moreover, the introduction of advanced farming techniques, modern equipment, and sustainable practices will ensure a steady supply of high-quality raw materials for our industry.
A diverse and abundant yield of crops, herbs, and aromatic and medicinal plants will not only fuel innovation, sustainability, and growth in the F&F sector but also strengthen India’s position as a global hub for natural ingredients.
We look forward to continued policy support for value addition, sustainable farming, and incentives for agro-based industries. Strengthening the agricultural supply chain will be key to ensuring the F&F industry thrives, contributing to India’s economic and rural development.”
- February 01, 2025 15:12
Share market live today: Jitendra Kumar, MD, BIRAC on Budget 2025
BIRAC (Biotechnology Industry Research Assistance Council) welcomes the Union Budget’s emphasis on agriculture as the first engine of growth. The initiatives outlined, including the Developing Agri Districts Programme, Dhan Dhanya Krishi Yojana, and the National Mission for Edible Oil & Seeds, reflect a forward-thinking approach to ensuring food security, enhancing productivity, and fostering Aatmanirbharta in the sector.
The government’s focus on crop diversification, post-harvest storage, and credit accessibility for 1.7 crore farmers aligns with BIRAC’s commitment to supporting agri-biotech innovations. The six-year mission for pulses self-sufficiency and the establishment of a Makhana Board in Bihar will drive value addition and strengthen India’s agri-supply chain.
BIRAC remains dedicated to enabling cutting-edge research, biotech interventions, and sustainable agri-solutions that complement these policy measures. We look forward to collaborating with stakeholders to accelerate agricultural transformation through innovation.
- February 01, 2025 15:10
Share market live today: TVS Motor sales surge 17% to 397,623 units, stock rises 3.39%
TVS Motor Company recorded monthly sales of 397,623 units in January 2025 with a growth of 17% as against 339,513 units in the month of January 2024.
Stock surged 3.39% on the NSE to ₹2,541.20
- February 01, 2025 15:03
Share market live today: Amit Patjoshi, CEO, Palladium India on Budget 2025
“The Finance Minister’s strong emphasis on agriculture in Budget 2025 is a transformative step toward making India the food basket of the world. The Agricultural District Programme, focusing on 100 districts, aims to drive productivity by empowering 1.7 crore farmers through sustainable practices, improved credit access, and strengthened post-harvest infrastructure. This initiative will enhance farm incomes, reduce post-harvest losses, and ensure food security.
Additionally, the six-year mission for self-reliance in pulses will boost domestic production, reducing dependency on imports while ensuring assured procurement support for farmers. By integrating technology, efficient supply chains, and financial inclusion, these reforms will pave the way for a resilient agricultural sector, fostering rural prosperity and reinforcing India’s position in global food markets.
Furthermore, these initiatives will create significant skill development and job opportunities for rural youth in the farm sector, equipping them with modern agricultural knowledge, agri-tech expertise, and entrepreneurship avenues. By nurturing a skilled rural workforce, Budget 2025 sets the foundation for inclusive growth and long-term economic sustainability in India’s agricultural ecosystem.”
- February 01, 2025 15:02
Share market live today: Sanjiv Kanwar, Managing Director, Yara South Asia on Budget 2025
“The Union Budget 2025’s strong emphasis on the agriculture sector is a transformative step towards a brighter future for Indian farmers.
This strategic focus on crop diversification, improved irrigation, and better credit availability is essential for the sustainable growth of our agriculture sector.
Furthermore, the comprehensive programme for fruits and vegetables, aimed at promoting production, supplies, processing, and better remunerative prices, is a forward-thinking move that will benefit both farmers and consumers, while taking the country towards a better nutritional future.
Special focus on targeting 100 districts with low productivity, is a radical initiative that will significantly enhance agricultural productivity and support 1.7 crore farmers. The emphasis on empowering rural women, young farmers, and marginal farmers underscores the government’s dedication to inclusive growth and sustainable development in agriculture. By focusing on empowering farmers through these initiatives, the government is laying the foundation for a resilient and prosperous agricultural sector.
Overall, the budget’s focus on innovation, investment, and sustainability in agriculture is a bold move that will undoubtedly lead to a thriving and self-reliant agricultural future for India.”
- February 01, 2025 15:01
Share market live today: Vishal Sharma, Cofounder & CEO of AdvaRisk on Budget 2025
“Finance Minister Nirmala Sitharaman’s Budget proposal to raise Kisan Credit Cards (KCC) loan limit to Rs 5 lakh is much needed revision to uplift the condition of our annadatas. We had expected this in the Budget given the government’s focus on empowerment of marginalised communities. The move will ensure farmers are able to procure enough credit to increase the productivity, which will give boost to rural economic growth. Additionally, the loan cap within the revised interest subvention scheme will be raised from Rs 3,000 to Rs 5,000 for KCC loans, which will enhance financial assistance for agricultural activities to small farmers, who are most susceptible to risks in farming activities.
We believe the KCC loan limit should be periodically revised in the coming years as well to account for rising inflation. We also need to focus on swift disbursal of these loans, where technology such as AI can be great enablers. Automating KCC loans increase efficiency and satiate the need of farmers on time, reducing the risk of crop failures due to lack of finance during sowing.”
- February 01, 2025 15:01
Stock in focus: Newgen Software secures Rs 12.9 crore order, stock rises 4.34%
Newgen Software Technologies Limited has received and accepted a Purchase Order for implementation and Support Services. The aggregate value of the aforesaid Purchase order is INR 12,91,80,045.
Stock gained 4.34% on the NSE to ₹1,093.65
- February 01, 2025 15:00
Share market live today: Anshul Garg, Director & CEO of Aroma AAT Basmati Rice on Budget 2025
I believe the Union Budget 2025 offers a forward-looking outlook on the Indian agriculture space, “The PM Dhan Dhanya Krishi Yojana in partnership with states will be a significant boost in Basmati production domestically. This is a meaningful and era-appropriate announcement to increase India’s agri productivity and will benefit increasing Indian Basmati rice’s increased penetration in global key markets. As productivity increases, the emphasis on helping up to 1.7 Crore Indian farmers with both short and long term credit lines will also help to advance the rural economy and the creation of employment opportunities in the space will help position India as the global food basket.”
- February 01, 2025 14:59
Share market live today: Ankur Aggarwal, Managing Director, Crystal Crop Protection Limited and Chairman, CropLife India and Managing Director of Crystal Crop Protection Ltd. on Budget 2025
“The precise focus on enhancing productivity in the Union Budget 2025-26 is expected to foster significant growth in the agricultural sector, benefiting farmers and promoting sustainable farming practices. The Government’s well-defined vision to prevent migration from rural areas, coupled with the scheme that prioritizes women and youth, is a welcome and forward-thinking step. This initiative is set to drive greater adoption of modern technologies, including drones and precision agriculture, thereby providing a much-needed boost to innovation and efficiency in the sector”.
- February 01, 2025 14:59
Stock market live today: Ravi Annavarapu, President, FMC India on Budget 2025
“This budget presented by the government today has a progressive, growth-focused vision to transform the Indian agriculture sector. The PM Dhan Dhanya Krishi Yojana and the Six-Year Atmanirbharta Programme for Pulses are welcome initiatives that promise significant benefits for farmers and increased productivity in the long run.
The introduction of climate-resilient, high-yield crops and the establishment of the Makhana Board in Bihar demonstrate a dedication to supporting farmers in adapting to a changing climate. Integrating 6 crore farmers into a digital registry via enhanced digital public infrastructure will improve transparency, democratize access to digital agricultural services, and pave the way for precision agriculture.
We also support the government’s commitment to fostering collaboration with the private sector and experts to enhance agricultural innovation, while the increased Kisan credit card loan limit to Rs 5 lakh will further support farmers financial needs.
The focus on developing local vegetable production and empowering Farmer Producer Organizations (FPOs), cooperatives, and startups to build efficient supply chains will benefit both farmers and consumers. Furthermore, the commitment to modernizing the sector through technology and R&D is highly encouraging.
In conclusion, this budget lays a strong foundation for a more resilient, productive, and sustainable agricultural sector. We are committed to work closely with the government in its efforts to transform Indian agriculture, improve farmer livelihoods, and strengthen the nation’s food security.”
- February 01, 2025 14:58
Share market live today: Rajesh Aggarwal, Managing Director, Insecticides (India) on Budget 2025
“The 2025 Union Budget takes important steps to strengthen the agricultural sector and improve the lives of farmers. Continuing Kisan Credit Cards (KCC) for 7.7 crore farmers, including those in fisheries and dairy, will ensure better financial access. Raising the loan limit under the modified interest subvention scheme will help more farmers invest in better resources and manage expenses efficiently.
The launch of the Agricultural District Programme under the Prime Minister Krishi Yojana is a great initiative. Targeting 100 districts with low productivity, it will focus on crop diversification, better irrigation, improved post-harvest storage, and increased credit availability.
A six-year mission for self-reliance in pulses, with an emphasis on tur and masoor, will ensure steady production and procurement support through NAFED and NCCF. The establishment of a Makhana Board in Bihar will create opportunities for farmers by promoting value addition. The introduction of a Cotton Productivity Mission will further support those dependent on cotton cultivation.
The focus on credit support, sustainable farming, and better infrastructure will strengthen rural livelihoods. These measures will help build a more stable and self-sufficient agricultural economy.
With increasing facilities and awareness to the farmers will also help the allied industries to grow,” said Rajesh Aggarwal, Managing Director, Insecticides (India) Ltd.
- February 01, 2025 14:58
Share market live today: Post -Budget Comment by Jiji Mammen, Executive Director and CEO, Sa-Dhan
“The thrust given by the Government in the budget for agriculture, rural development, employment creation and enterprise promotion. The MSMEs can improve economic conditions of the people of rural India and this will enable the microfinance to do better in the coming time.
As far as the microfinance sector is concerned, the Gramin Credit Score framework for Self-Help Groups (SHGs) is a good idea. It will help better credit discipline in microfinance and weed out fraudulent borrowers. Also, the new scheme to be launched for five lakh women, first time entrepreneurs for term loans for next five years and enhanced Credit Guarantee Scheme for startups will augment the demand for Microfinance, particularly in rural and semi-urban regions.”
- February 01, 2025 14:57
Stock market live updates: Renuka Diwan, Co-founder and CEO, BioPrime on Budget 2025
“The Union Budget 2025-26 demonstrates a robust commitment to advancing India’s agricultural sector and ensuring nutritional security. With initiatives such as the Prime Minister Dhan-Dhaanya Krishi Yojana and the Developing Agri Districts Programme aim to enhance productivity and promote sustainable farming practices across 100 districts, benefiting more than 1.7 crore farmers.
The government’s strategy to achieve self-sufficiency in oilseeds—including mustard, groundnut, sesame, soybean, and sunflower—by strengthening their production, storage, and marketing is a significant move towards ‘atmanirbharta’. Additionally, the six-year Mission for Aatmanirbharta in Pulses, focusing on Tur, Urad, and Masoor, is poised to reduce import dependence and provide citizens with greater access to protein-rich foods.
The establishment of large-scale clusters for vegetable production near major consumption centers will streamline supply chains and ensure fresher produce for consumers. The creation of the Makhana Board in Bihar is a commendable step to harness the potential of this superfood and empower rural communities.
Furthermore, the National Mission on High Yielding Seeds will bolster agricultural resilience by developing and promoting seeds that are high-yielding, pest-resistant, and climate-resilient. The emphasis on leveraging advanced science and technology, coupled with the Deep Tech Fund of Funds, will catalyze next-generation innovation in agri-tech, paving the way for a self-reliant and nutritionally robust nation.
The enhancement of investment and turnover limits for MSMEs by 2.5 times and 2 times, respectively, is a strategic move to empower these enterprises to scale up, innovate, and generate more employment opportunities for the youth.
Collectively, these initiatives reflect a holistic approach to strengthening India’s food security, promoting sustainable agriculture, and fostering economic growth within the agricultural ecosystem.”
- February 01, 2025 14:57
Share market live today: Abhilash Sethi, Investment Director Omnivore on Budget 2025
Funds, and rural prosperity initiatives create a compelling framework for transforming India’s rural economy beyond pure agriculture. This three-pronged approach opens opportunities in rural manufacturing, agri-adjacent startups, and supply chain innovation. As investors, we’re particularly excited about the potential for building scalable enterprises that bridge the urban-rural divide and create sustainable livelihood opportunities across the value chain.
- February 01, 2025 14:56
Share market live today: ANUBHAV AGARWAL, MD & CEO BN GROUP on Budget 2025
The government’s commitment to boosting oilseed production through the National Mission for Edible Oilseeds is a crucial step toward reducing import dependency and strengthening India’s edible oil ecosystem. Increasing the Kisan Credit Card loan limit from ₹3 lakh to ₹5 lakh will empower farmers to invest in better-quality seeds, modern irrigation techniques, and advanced farming practices, ultimately improving yield and profitability. A financially stronger farming community directly translates into a more resilient and self-sufficient edible oil sector, creating long-term value for both producers and consumers.
For the edible oil sector, this push underscores the need for innovation, investment, and strategic expansion to reduce import dependence and enhance domestic production. BN Group’s planned investment of $1 billion to expand its edible oil operations into Africa aligns with this vision, and we see this as an opportunity to further our mission of driving sustainable growth in the industry while contributing to India’s economic resilience on the global stage.
We also applaud the launch of a six-year mission targeting self-reliance in pulses, with a special focus on tur and masoor, which exemplifies this dedication. By empowering central agencies like NAFED and NCCF to procure these pulses directly from registered farmers, the government is providing a safety net that guarantees income stability for our cultivators. Additionally, the continuation and enhancement of the Kisan Credit Card scheme, with increased loan limits, further demonstrate the government’s resolve to provide financial support to farmers, fishermen, and dairy farmers.
- February 01, 2025 14:55
Share market live updates: Ranjith Mukundan, CEO & co-founder Stellapps Technologies on Budget 2025
The government’s focus on revitalizing the rural economy through skilling, technology, and investment is a strong step toward unlocking India’s agricultural potential. For the dairy sector, this presents an opportunity to enhance productivity, quality, and global competitiveness.
The expansion of the Kisan Credit Card (KCC) loan limit from ₹23,000 to ₹85,000 for dairy farmers is particularly encouraging. Access to higher credit will enable farmers to invest in better cattle nutrition, advanced milking technology, and cold-chain infrastructure—key factors in improving milk yield and quality. This is a crucial enabler for modernizing dairy operations at the grassroots level.
At mooMark ( a subsidiary of Stellapps), we believe that technology-driven interventions, such as digital traceability and accountable supply chains, are essential to making India’s dairy sector globally competitive. The government’s plan to introduce global best practices in 100 agricultural districts aligns well with our vision of a data-driven, efficient, and farmer-empowered dairy ecosystem.
As we scale our presence in Southeast Asia and the Middle East, we see this as a pivotal moment for India to establish itself as a key player in the global dairy market.By combining technology with policy support, the dairy industry can move toward self-sufficiency, improved farmer incomes, and higher-quality dairy products for both domestic and international markets.”
- February 01, 2025 14:54
Share market live today: Haresh Karamchandani, MD & Group CEO, HyFun Foods on Budget 2025
The Union Budget 2025-26 solidifies the commitment of the government toward food processing, agriculture, MSMEs, and exports—the very strong pillars of the economy. Under ‘Prime Minister Dhan-Dhaanya Krishi Yojana,’ there will be efforts toward enhanced agricultural productivity, improved post-harvest storage, and credit availability to farmers. It would lead to a more resilient supply chain for food processing industries like ours. The ‘National Mission on High Yielding Seeds’ will improve yield, quality and climate resilience further, which improves the raw material base for this food processing segment.
The government is continuing to push farm exports to a new level, with a strategic goal of reaching $80 billion by 2030. This is also in line with India’s aspiration to be a global food powerhouse. Improved cold chain infrastructure and streamlined export logistics will empower Indian food brands to expand their global footprint.
The MSME sector, which forms the backbone of India’s food industry, has received a much-needed boost with enhanced credit guarantees, allowing businesses to invest in advanced technology and expand production.
The increase in the Kisan Credit Card loan limit from ₹3 lakh to ₹5 lakh will also strengthen the farming ecosystem.
The National Institute of Food Technology in Bihar will further accelerate the innovation in food processing and extend value addition, which will further enhance India’s competitiveness in the global market. Combined with the Export Promotion Mission and BharatTradeNet for seamless trade facilitation, these measures will make it easier for food processors like HyFun Foods to scale and access international markets with ease.
These transformative initiatives will well establish the budgetary foundation for a thriving food ecosystem. At HyFun Foods, we look forward to utilizing these opportunities and contributing to India’s economic growth.
- February 01, 2025 14:35
Stock market live updates today: Ankur Aggarwal, Managing Director, Crystal Crop Protection Limited and Chairman, CropLife India and Managing Director of Crystal Crop Protection Ltd.
“The precise focus on enhancing productivity in the Union Budget 2025-26 is expected to foster significant growth in the agricultural sector, benefiting farmers and promoting sustainable farming practices. The Government’s well-defined vision to prevent migration from rural areas, coupled with the scheme that prioritizes women and youth, is a welcome and forward-thinking step. This initiative is set to drive greater adoption of modern technologies, including drones and precision agriculture, thereby providing a much-needed boost to innovation and efficiency in the sector”.
- February 01, 2025 14:34
Stock market live updates today: Ravi Annavarapu, President, FMC India.
“This budget presented by the government today has a progressive, growth-focused vision to transform the Indian agriculture sector. The PM Dhan Dhanya Krishi Yojana and the Six-Year Atmanirbharta Programme for Pulses are welcome initiatives that promise significant benefits for farmers and increased productivity in the long run.
The introduction of climate-resilient, high-yield crops and the establishment of the Makhana Board in Bihar demonstrate a dedication to supporting farmers in adapting to a changing climate. Integrating 6 crore farmers into a digital registry via enhanced digital public infrastructure will improve transparency, democratize access to digital agricultural services, and pave the way for precision agriculture.
We also support the government’s commitment to fostering collaboration with the private sector and experts to enhance agricultural innovation, while the increased Kisan credit card loan limit to Rs 5 lakh will further support farmers financial needs.
The focus on developing local vegetable production and empowering Farmer Producer Organizations (FPOs), cooperatives, and startups to build efficient supply chains will benefit both farmers and consumers. Furthermore, the commitment to modernizing the sector through technology and R&D is highly encouraging.
In conclusion, this budget lays a strong foundation for a more resilient, productive, and sustainable agricultural sector. We are committed to work closely with the government in its efforts to transform Indian agriculture, improve farmer livelihoods, and strengthen the nation’s food security.”
- February 01, 2025 14:33
Stock market live updates today: Rajesh Aggarwal, Managing Director, Insecticides (India) Ltd
“The 2025 Union Budget takes important steps to strengthen the agricultural sector and improve the lives of farmers. Continuing Kisan Credit Cards (KCC) for 7.7 crore farmers, including those in fisheries and dairy, will ensure better financial access. Raising the loan limit under the modified interest subvention scheme will help more farmers invest in better resources and manage expenses efficiently.
The launch of the Agricultural District Programme under the Prime Minister Krishi Yojana is a great initiative. Targeting 100 districts with low productivity, it will focus on crop diversification, better irrigation, improved post-harvest storage, and increased credit availability.
A six-year mission for self-reliance in pulses, with an emphasis on tur and masoor, will ensure steady production and procurement support through NAFED and NCCF. The establishment of a Makhana Board in Bihar will create opportunities for farmers by promoting value addition. The introduction of a Cotton Productivity Mission will further support those dependent on cotton cultivation.
The focus on credit support, sustainable farming, and better infrastructure will strengthen rural livelihoods. These measures will help build a more stable and self-sufficient agricultural economy.
With increasing facilities and awareness to the farmers will also help the allied industries to grow,” said Rajesh Aggarwal, Managing Director, Insecticides (India) Ltd.
- February 01, 2025 14:32
Stock market live updates today: Post - Budget Comment by Mr Jiji Mammen, Executive Director and CEO, Sa-Dhan:
The thrust given by the Government in the budget for agriculture, rural development, employment creation and enterprise promotion. The MSMEs can improve economic conditions of the people of rural India and this will enable the microfinance to do better in the coming time.
As far as the microfinance sector is concerned, the Gramin Credit Score framework for Self-Help Groups (SHGs) is a good idea. It will help better credit discipline in microfinance and weed out fraudulent borrowers. Also, the new scheme to be launched for five lakh women, first time entrepreneurs for term loans for next five years and enhanced Credit Guarantee Scheme for startups will augment the demand for Microfinance, particularly in rural and semi-urban regions.”
- February 01, 2025 14:31
Stock market live updates today: Dr. Renuka Diwan, Co-founder and CEO, BioPrime.
“The Union Budget 2025-26 demonstrates a robust commitment to advancing India’s agricultural sector and ensuring nutritional security. With initiatives such as the Prime Minister Dhan-Dhaanya Krishi Yojana and the Developing Agri Districts Programme aim to enhance productivity and promote sustainable farming practices across 100 districts, benefiting more than 1.7 crore farmers.
The government’s strategy to achieve self-sufficiency in oilseeds—including mustard, groundnut, sesame, soybean, and sunflower—by strengthening their production, storage, and marketing is a significant move towards ‘atmanirbharta’. Additionally, the six-year Mission for Aatmanirbharta in Pulses, focusing on Tur, Urad, and Masoor, is poised to reduce import dependence and provide citizens with greater access to protein-rich foods.
The establishment of large-scale clusters for vegetable production near major consumption centers will streamline supply chains and ensure fresher produce for consumers. The creation of the Makhana Board in Bihar is a commendable step to harness the potential of this superfood and empower rural communities.
Furthermore, the National Mission on High Yielding Seeds will bolster agricultural resilience by developing and promoting seeds that are high-yielding, pest-resistant, and climate-resilient. The emphasis on leveraging advanced science and technology, coupled with the Deep Tech Fund of Funds, will catalyze next-generation innovation in agri-tech, paving the way for a self-reliant and nutritionally robust nation.
The enhancement of investment and turnover limits for MSMEs by 2.5 times and 2 times, respectively, is a strategic move to empower these enterprises to scale up, innovate, and generate more employment opportunities for the youth.
Collectively, these initiatives reflect a holistic approach to strengthening India’s food security, promoting sustainable agriculture, and fostering economic growth within the agricultural ecosystem.”
- February 01, 2025 14:31
Stock market live updates today: Abhilash Sethi, Investment Director Omnivore
Funds, and rural prosperity initiatives create a compelling framework for transforming India’s rural economy beyond pure agriculture. This three-pronged approach opens opportunities in rural manufacturing, agri-adjacent startups, and supply chain innovation. As investors, we’re particularly excited about the potential for building scalable enterprises that bridge the urban-rural divide and create sustainable livelihood opportunities across the value chain.
- February 01, 2025 14:30
Stock market live updates today: ANUBHAV AGARWAL, MD & CEO BN GROUP
The government’s commitment to boosting oilseed production through the National Mission for Edible Oilseeds is a crucial step toward reducing import dependency and strengthening India’s edible oil ecosystem. Increasing the Kisan Credit Card loan limit from ₹3 lakh to ₹5 lakh will empower farmers to invest in better-quality seeds, modern irrigation techniques, and advanced farming practices, ultimately improving yield and profitability. A financially stronger farming community directly translates into a more resilient and self-sufficient edible oil sector, creating long-term value for both producers and consumers.
For the edible oil sector, this push underscores the need for innovation, investment, and strategic expansion to reduce import dependence and enhance domestic production. BN Group’s planned investment of $1 billion to expand its edible oil operations into Africa aligns with this vision, and we see this as an opportunity to further our mission of driving sustainable growth in the industry while contributing to India’s economic resilience on the global stage.
We also applaud the launch of a six-year mission targeting self-reliance in pulses, with a special focus on tur and masoor, which exemplifies this dedication. By empowering central agencies like NAFED and NCCF to procure these pulses directly from registered farmers, the government is providing a safety net that guarantees income stability for our cultivators. Additionally, the continuation and enhancement of the Kisan Credit Card scheme, with increased loan limits, further demonstrate the government’s resolve to provide financial support to farmers, fishermen, and dairy farmers.
- February 01, 2025 14:30
Stock market live updates today: Ranjith Mukundan, CEO & co-founder Stellapps Technologies
The government’s focus on revitalizing the rural economy through skilling, technology, and investment is a strong step toward unlocking India’s agricultural potential. For the dairy sector, this presents an opportunity to enhance productivity, quality, and global competitiveness.
The expansion of the Kisan Credit Card (KCC) loan limit from ₹23,000 to ₹85,000 for dairy farmers is particularly encouraging. Access to higher credit will enable farmers to invest in better cattle nutrition, advanced milking technology, and cold-chain infrastructure—key factors in improving milk yield and quality. This is a crucial enabler for modernizing dairy operations at the grassroots level.
At mooMark ( a subsidiary of Stellapps), we believe that technology-driven interventions, such as digital traceability and accountable supply chains, are essential to making India’s dairy sector globally competitive. The government’s plan to introduce global best practices in 100 agricultural districts aligns well with our vision of a data-driven, efficient, and farmer-empowered dairy ecosystem.
As we scale our presence in Southeast Asia and the Middle East, we see this as a pivotal moment for India to establish itself as a key player in the global dairy market.By combining technology with policy support, the dairy industry can move toward self-sufficiency, improved farmer incomes, and higher-quality dairy products for both domestic and international markets.”
- February 01, 2025 14:29
Stock market live updates today: Haresh Karamchandani, MD & Group CEO, HyFun Foods:
The Union Budget 2025-26 solidifies the commitment of the government toward food processing, agriculture, MSMEs, and exports—the very strong pillars of the economy. Under ‘Prime Minister Dhan-Dhaanya Krishi Yojana,’ there will be efforts toward enhanced agricultural productivity, improved post-harvest storage, and credit availability to farmers. It would lead to a more resilient supply chain for food processing industries like ours. The ‘National Mission on High Yielding Seeds’ will improve yield, quality and climate resilience further, which improves the raw material base for this food processing segment.
The government is continuing to push farm exports to a new level, with a strategic goal of reaching $80 billion by 2030. This is also in line with India’s aspiration to be a global food powerhouse. Improved cold chain infrastructure and streamlined export logistics will empower Indian food brands to expand their global footprint.
The MSME sector, which forms the backbone of India’s food industry, has received a much-needed boost with enhanced credit guarantees, allowing businesses to invest in advanced technology and expand production.
The increase in the Kisan Credit Card loan limit from ₹3 lakh to ₹5 lakh will also strengthen the farming ecosystem.
The National Institute of Food Technology in Bihar will further accelerate the innovation in food processing and extend value addition, which will further enhance India’s competitiveness in the global market. Combined with the Export Promotion Mission and BharatTradeNet for seamless trade facilitation, these measures will make it easier for food processors like HyFun Foods to scale and access international markets with ease.
These transformative initiatives will well establish the budgetary foundation for a thriving food ecosystem. At HyFun Foods, we look forward to utilizing these opportunities and contributing to India’s economic growth.
- February 01, 2025 14:29
Stock market live updates today: Budget 2025: Anindya Banerjee, Head Currency & Commodity, Kotak Securities on Currency:
The Union Budget continues the government’s 11-year vision of reforms, sustainable growth, ease of doing business, and improved tax compliance. A key highlight is the commitment to fiscal consolidation, with the fiscal deficit projected to decline from 4.8% in FY25 to 4.4% in FY26.
The focus on increasing disposable income is a positive for consumption, supporting economic momentum. Additionally, fiscal discipline strengthens investor confidence, which could be beneficial for both the economy and the Rupee.
We may see mild appreciation in the Rupee, but any sustained gains could be limited as the US Dollar strengthens, particularly following Trump’s imposition of tariffs. Given these dynamics, we expect the USD/INR spot to trade within a range of 86.30 – 87.00.
- February 01, 2025 14:28
Stock market live updates today: Budget 2025: Growth, Investment & Tax Cuts to Drive India’s Economic Surge: Ashishkumar Chauhan, MD and CEO NSE
The budget builds on India’s growth momentum with strong development measures, continued fiscal prudence, increased capex and reduced tax burden. Increase in disposable income enhances consumption growth and provides further wealth creation opportunities to Indian households through the markets. More and more people will join the pool of current 11 crore unique investors and will become stakeholders and beneficiaries of India’s growth journey thereby supporting a virtuous cycle of economic growth, capital formation and job creation. Through a slew of social welfare measures on employment, education, healthcare, women empowerment and with special support to youth, farmers, MSMEs and start-ups - the budget focuses on India’s most important resource - its people.
- February 01, 2025 14:27
Stock market live updates today: Mayur Modi, Co-Founder, MoneyBoxx: (Agriculture)
“Encouraging farm revenue seems to be the mandate from the Union Budget recently announced. It is also rightly evidenced by the Economic Survey which captures global data from the World Bank that shows agricultural commodity prices likely to decline. In summary, the global trends do not seem very exciting but this budget has managed to push necessary yet exciting avenues for the Indian agriculturist.
The budget spurs agriculture in both direct and indirect fashion. From a direct impact, policies such as the PM-Dhan-Dhaanya Krishi Yojana’s coverage of 100 districts; short-term loans; mission for cotton productivity; leveraging India Post to spur the rural economy are initiatives that will generate volume. In addition to this, there are indirect initiatives – taxation and corporate policies are likely to spur both exports and domestic consumption which would also be value-accretive to the farm sector.”
- February 01, 2025 14:26
Stock market live updates today: Mahamaya Steel Industries announced its sales for the month of January 2025 at 17935.550 MT. Stock traded flat on the NSE at ₹194.44
- February 01, 2025 14:26
Stock market live updates today: ‘PM Dhan Dhanya Krishi Yojana in partnership with states will boost Basmati production domestically’
One of the four pillars of the Union Budget 2025 was agriculture, and its progressive outlook did not disappoint. The Prime Minister Dhan Dhanya Krishi Yojana in partnership with states, along with the extensive support provided to farmers with credit lines provides a long-term impact on India’s agriculture space, and Mr. Anshul Garg, Director & CEO of Aroma AAT Basmati Rice, agreed on the same.
“The PM Dhan Dhanya Krishi Yojana in partnership with states will be a significant boost in Basmati production domestically. This is a meaningful and era-appropriate announcement to increase India’s agri productivity and will benefit increasing Indian Basmati rice’s increased penetration in global key markets. As productivity increases, the emphasis on helping up to 1.7 Crore Indian farmers with both short and long term credit lines will also help to advance the rural economy and the creation of employment opportunities in the space will help position India as the global food basket. The enhanced credit line extended to 7.7 Crore farmers for short term loans of INR 5 Lakh is also a significant announcement, helping them with financial viability during cultivation season,” he said.
- February 01, 2025 14:24
Stock market live updates today:
Bansal Steel & Power Limited (BSPL), wholly-owned subsidiary of Bansal Wire Industries Limited (Company) has received a Demand Order from the office of Deputy Excise and Taxation Commissioner, Jhajjar (Bahadurgarh), Haryana under Section 74 of the GST Act, 2017 for the financial year 2017-18, imposes a penalty of Rs. 50,99,895/-along with tax liability of Rs. 57,77,896/-and interest of Rs. 89,94,666.
Shares declined 2.20% on the NSE to ₹406.65
- February 01, 2025 14:24
Stock market live updates today: Motilal Oswal, Group MD & CEO, Motilal Oswal Financial Services Ltd. on the Union Budget Announcement.
“The overall budget is managed with a fine balance between growth and fiscal prudence. The fiscal deficit is packed at 4.4% below the long-term target of 4.5%, which will be positive for the economy.
The budget has focused on key areas like rural farmers’ low incomes, which will boost consumption both in the near term and long term and help revive economic growth. Overall, capex spending planned at 11.2 lakh crore is in line with market expectations. Focusing on MSME manufacturing will also be positive for several sectors.
The sectoral budget would be positive for consumption-driven sectors like FMCG, auto footwear, etc. She delivered six in the last over by reducing the income tax on the middle class.
I remain positive in the medium to long term.”
- February 01, 2025 14:22
Stock market live updates today: Susheel Kumar, Country Head and Managing Director, Syngenta India Pvt Ltd
The Union Budget 2025 reaffirms the government’s intention and commitment to revitalizing rural India and addressing the urban-rural divide. This Budget reflects a clear intent to create new opportunities for farmers, youth, women, and agri-entrepreneurs, ensuring inclusive growth across the agricultural sector.
By focusing on infrastructure, innovation, and self-sufficiency, the Budget presents a transformational roadmap for India’s rural economy. The launch of PM Dhan Dhanya Krishi Yojana will enhance crop diversification, irrigation, storage facilities, and credit access.
I find it encouraging that the Budget will likely benefit a large segment of our youth population of 345 million, especially those in the rural areas. It is evident that by fostering agri-entrepreneurship, skill development, and technology adoption, the government is leveraging India’s demographic dividend, ensuring that the next generation plays an important role in shaping the future of agriculture. Hopefully, this can help rural youth to be more engaged in agricultural activities and balance the rural-urban divide.
Additionally, targeted interventions like the six-year self-reliance mission for pulses and oilseeds will reduce import dependency, while investments in fruit and vegetable production align with evolving dietary patterns, securing better incomes for farmers. The National Mission on High-Yielding Seeds and Cotton Productivity Mission will further accelerate research and innovation, reinforcing India’s leadership in sustainable agriculture.
Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman deserve recognition for their visionary approach, ensuring that agriculture remains the backbone of India’s economy while creating new avenues for rural prosperity and national growth.
- February 01, 2025 14:21
Stock market live updates today: Saroj Kumar Mahapatra, Executive Director, PRADAN
The budget has been encouraging for the agricultural sector this year. The Dhan Dhanya Krishi Yojana, aligned with successful partnership with states, will boost agricultural productivity and crop intensity. The mission to reach out to 100 low-productivity districts will truly encourage the farmers. Crop diversification and sustainable farming practices at the panchayat and block levels, is the need for the hour which will ensure localized impact.
Irrigation improvements and long and short-term credit support to benefit 1.7 crore farmers, will strengthen rural prosperity and resilience. Prioritizing skill development, investment, technology integration and enhancing living conditions in rural areas will help farmers earn from their agricultural output, making migration a choice rather than a necessity. Kisan Credit Cards and enhanced loan of Rs. 5 lakhs (short term loans) for 7.7 crore farmers, fishermen and dairy farmers will be instrumental in ensuring financial inclusion in the agricultural economy.
- February 01, 2025 14:21
Stock market live updates today: Shashi Kant Singh, Partner – Agriculture and Food, PwC India
“With the allocation of INR 1.7 Lakh crore towards agriculture, this year’s budget builds on the long-term vision for the agriculture sector. The sector could get a fillip through the Dhan Dhanya Krishi Yojana for 100 districts. The crop specific initiatives on productivity enhancement and crop diversification along with a curated push towards high yielding seeds (HYS) is another welcome step. Continued support towards empowering cooperatives and farmer producer organisations (FPOs) as well as focused initiatives for fisheries reinforces the Government’s commitment towards inclusive and sustainable growth for the agriculture sector.”
- February 01, 2025 14:20
Stock market live updates today: Perspective of Mr. Colin Shah, MD, Kama Jewelry on ‘Reaction on Budget’
“The reduction of Jewellery duty from 25% to 20% is a welcome move. For a country like India who is known for its high jewellery consumption, this will definitely boost the demand in the domestic market specially in luxury. Similarly, slashing of duty on platinum finding from 25% to 5% is yet another bold move which will prove beneficial for the entire gems and jewellery industry.
One of the biggest positives of the budget was the government acknowledging the MSME sector as one of the four engines that will power India’s growth. Under this, increasing the MSME turnover limit from Rs. 250 to Rs. 500 Cr is another bold announcement which will propel the growth and strengthen the MSMEs.
The budget also provided some rejoice to the diamond sector by removing IGCR condition for import of duty free LGD (Lab Grown Diamond) seeds which will further increase the appeal of LGDs and boost its demand.
Provision of a separate HS code for platinum and gold alloys is another positive step that will prevent malpractices and ensure fair play in the industry.”
- February 01, 2025 14:18
Stock market live updates today: Tarun Ahuja, Founder & CEO, And Fungi
Being a part of the fungi, gourmet and medicinal mushroom industry, I am happy with the 2025 budget’s emphasis on crop diversification and enhanced agricultural support. The increased loan limits under the Kisan Credit Card scheme and the launch of the PM Dhan Dhaanya Krishi Yojana will provide vital financial backing to mushroom growers, allowing us to scale our operations and innovate further.
The focus on improved irrigation facilities and logistics infrastructure will significantly reduce post-harvest losses and ensure the highest quality for our produce. With the rising demand for health-conscious foods, fungi, especially gourmet and medicinal mushrooms, are emerging as superfoods, offering immense nutritional and medicinal benefits. The budget’s support for research and development presents a golden opportunity for us to introduce cutting-edge cultivation techniques, enhance the medicinal properties of fungi, and tap into new markets.
Overall, this budget is a game-changer for our industry. It underscores the importance of fungi in promoting health and sustainability and offers a promising path forward for mushroom growers. I am excited about the growth and opportunities it promises for the future, and I am confident that we can position India as a global leader in the gourmet and medicinal mushroom sector.
- February 01, 2025 14:18
Stock market live updates today: Gul Basantani, Partner, Government, Infrastructure, Development sector Advisory Services, Forvis Mazars in India
The Union Budget takes a significant step towards India’s energy transition by prioritizing nuclear energy expansion. The proposed 100 GW nuclear target by 2047 and reforms to the Atomic Energy Act and Civil Liability for Nuclear Damage Act signals a progressive shift. Encouraging private sector participation, incentivizing power sector reforms, and investing ₹20,000 crore in small modular reactors will enhance energy security and sustainability.
- February 01, 2025 14:17
Stock market live updates today: Ajay Kakra, Leader, Food and Agriculture, GIDAS, Forvis Mazars in India
“The Union Budget 2025-26 takes a transformative approach to agriculture by focusing on grassroots implementation and farmer empowerment. Initiatives like the Dhan Dhanya Yojana, targeting 100 underdeveloped districts, the Makhana Development Board, and the Fisheries Export SEZ underscore a strong push for value addition and market linkages.w
With a sustained emphasis on pulses self-sufficiency and climate-resilient seeds, the budget aligns with the Aatmanirbhar Bharat vision, ensuring long-term productivity gains. By enhancing institutional support, boosting rural incomes, and modernizing farming practices, these measures will not only strengthen the agricultural sector but also position India as a global leader in sustainable and high-value farming.”
- February 01, 2025 14:17
Stock market live updates today: Dr. R.G Agarwal, Chairman Emeritus, Dhanuka Agritech Limited*
“We highly appreciate the government’s initiative to make India the food basket of the world. The Dhan Dhaniya Krishi Yojana for 1.7 crore farmers in 100 low-productivity districts is a monumental step towards rural prosperity. The Edible Oil Mission, enabling farmers to enter into procurement agreements with agencies like NAFED and NCCF, will provide price security, enhance domestic oilseed production, and enhance India’s export strength. The government’s move to enhance vegetable production to match growing consumption is also commendable.
This budget is a significant step towards a stronger, Make in India agriculture sector boost spirit of farmers. The National Mission on High Yielding Seeds, storage facilities after production, KCC loans for 7.7 crore farmers increased from ₹3 Lacs to ₹5 Lacs and the creation of the Makhana Board in Bihar are commendable initiatives, they are important steps to improve agricultural productivity and support farmers. Also, the announcement of a 6-year mission for ‘Atmanirbharta’ in pulses, including procurement agreements for toor, urad, and masoor, is a testament to the government’s commitment to making the agricultural sector stronger and the farmers prosperous.
While many positive initiatives have been put before us we asked the government to revisit and make it 5% GST on essential agricultural inputs. These initiatives are in line with our vision of a self-reliant, prosperous, and sustainable agricultural future. We thank the government for these forward-looking decisions that will spur agricultural development and boost India’s path towards Aatmanirbhar Krishi.”
- February 01, 2025 14:16
Stock market live updates today: Nikunj Agarwal, Head - Fund Raise, Finance, Alliances, Propelld
“We welcome the transformative reforms to improve accessibility and affordability in the education sector. Seat increase in medical institutes, increased focus on AI learning, removal of TCS on Education Loans up to Rs 10 Lakhs and increased funding will boost the education lending industry. It will provide more opportunities for students, relieve parents struggling with education inflation costs and drive more investments within the industry.”
- February 01, 2025 14:16
Stock market live updates today: Union Budget 25-26 by Shishir Baijal, Chairman and Managing Director, Knight Frank India
Budget focused on creating disposable income and boost consumption
The Union Budget 2025 -26 was presented in the backdrop of a slower GDP growth, higher than tolerable inflation rates and historical lows of the Indian Rupee. The issue of reducing private consumption was looming large which could have wider ramifications if not addressed early. With that the government focused on providing disposable income and boost consumption. The highlight of this budget is clearly the reduction in the Income Tax burden on the middle-class which will bear no tax up to an income of INR 12 Lakh fundamentally increasing disposable incomes and boosting consumption.
For the housing sector, the INR 15,000 cr allocation toward the SWAMIH Fund will support the delivery of stressed projects. The investor friendly approach of the government is also apparent in the move to remove the erstwhile tax on deemed rent for two self-occupied properties compared to one earlier.
The INR 11.21 lakh cr outlay for capital expenditure which has risen from INR 11.11 lakh cr in FY 2024 - 25 will continue to support the agenda for infrastructure development of railway, roads and overall logistics infrastructure of the country. The increase in the credit outlay for PPP projects from INR 1.3 to INR 1.5 lakh cr will boost the pace and delivery of infrastructure development across the country.
However, some crucial aspects like sops for affordable housing and a national policy towards rental housing that would have given a fillip the programme of housing for all were not addressed which we hope would be taken up subsequently.
- February 01, 2025 14:15
Stock market live updates today: Divam Sharma, Co-Founder and Fund Manager at Green Portfolio
Overall, we see this as a decent budget since last two budgets- full budget and interim budget last year were populist ones. Although the government has cut down capital expenditure to 10.8 lac crores, this was a pro- middle class, pro- msme and pro-rural budget. Agriculture sector always receives a due recognition from the government but we fail to see any material impact on the farmers due to a lot of layers involved in the decision making process. Government’s focus remained on encouraging and up skilling the youth to take up entrepreneurship. Economy was moving towards a slowdown considering the low consumption demand and GDP growth, hence, the tax relief i.e., no tax till 12 lacs is a big relief and gives people room to spend exorbitantly. We appreciate government excluding life saving drugs from basic custom duty, further strengthening government’s plan to focus on India’s health Infrastructure. Focus has been low on capex, will dent capital goods, infra, renewables, defense which were expecting a boost. Its a boost for broking, AMC’s as investments could increase with higher disposable income, which should go back to economy.
Not to forget, government put emphasis on North East India, which has not received any attention uptil now. Setting up for Urea Production plants and promoting tourism via private public partnerships have been the focus. New, Niche sectors of the economy were touched upon. For instance, setting up of Makhana Boards in Bihar to promote the local food on global level. Udaan scheme of the government did see a boost- focusing on regional connectivity- i.e., 120 more areas and 4 crore new passengers to be added in next decade.
No big reforms stimulus or no big fiscal stimulus is there, this can be viewed as a missed opportunity as we intend to compete with China and other EMs. Its a neutral budget overall for markets, boost for consuption sector and dent on capital goods, infra. The trajectory of interest rates will be an interesting thing to see this February. We do not see markets rallying incessantly for now.
- February 01, 2025 14:14
Stock market live updates today: Sameer Bhati (health diagnostic, healhcare) - Dr. Sameer Bhati, Director of Star Imaging and Path Lab Pvt. Ltd
The Union Budget 2025-26 represents a significant milestone in the direction of accessible and affordable healthcare. The establishment of daycare cancer treatment centres in each district hospital, with 200 for FY 2025-26, will facilitate early diagnosis and treatment. Thirty-six life-saving drugs included in the exemption list for full customs duty and concessional rate of duty on bulk drugs will guarantee price affordability for the treatment of cancer and rare and chronic diseases. The strengthening of medical tourism under the ‘Heal in India’ initiative, in collaboration with private healthcare, will help make India a global healthcare destination. Thus, the budget takes a forward-looking view on public health, with accessibility, affordability, and innovation as the pillars.”
- February 01, 2025 14:14
Stock market live updates today: Shiv Sehgal, President & Head, Nuvama Capital Markets on Budget 2025:
“The Union Budget has played a balancing act amid the competing objectives of maintaining fiscal prudence and supporting demand in the economy. Accordingly, while fiscal deficit would shrink further, the FM has provided a consumption boost by lowering tax rates for the middle class. This is quite welcome. Beyond the fiscal math, the FM has emphasized the need to boost MSMEs and employment through further deregulation and enhancing ease of doing businesses. From market standpoint, tax cuts for middle class augurs well for consumption oriented sectors, although capex support has been a bit moderate this time.”
- February 01, 2025 14:13
Stock market live updates today: Nifty FMCG zoomed 4.05% to 58,988.80. Nifty realty, consumer durables and auto indices gained over 2%; Nifty oil & gas, IT, PSU Bank, and metal declined nearly 2%
- February 01, 2025 14:13
Stock market live updates today: Shripal Shah, MD&CEO, Kotak Securities quote on the Union Budget 2025.
“The Union Budget 2025 is clearly focused on stimulating consumer demand to accelerate growth while ensuring fiscal stability. With economic expansion slowing over the past two quarters, the newly announced measures aim to reignite momentum.
A major relief in personal income tax has been introduced, allowing individuals earning up to ₹12 lakh to pay zero income tax. This move is expected to ease the financial burden on the middle class, cushion the impact of rising prices, and drive higher consumer spending as well as investments. Additionally, several reforms in the TDS and TCS regime have been well received.
A series of measures for the agriculture sector aims to boost self-reliance and strengthen commodity markets, which will, in turn, fuel rural demand.
While we await more details , the government’s decision to keep capital gains tax and Securities Transaction Tax (STT) unchanged will ensure stability in tax regimes for capital market investors.
Furthermore, the launch of an Export Promotion Mission and the simplification of the customs duty structure are expected to enhance India’s global trade competitiveness. These initiatives will support exports, improve the balance of payments, and strengthen foreign exchange reserves, ultimately contributing to rupee stability. “
- February 01, 2025 14:11
Stock market live updates today: Pankaj Pandey, Head of Research, ICICI Direct, on the Union Budget 2025-26 for your reference:
Union Budget 2025-26 – A confluence of Consumption Push and Fiscal Prudence
The Union Budget 2025-26 was clearly a confluence of consumption push (through personal income tax benefit) and capex moderation with Fiscal Prudence taking precedence over growth. Nonetheless, the government continued with broader objective of focus on tax simplification, MSME, investment in skill and technology. We note that FY26 Capex allocation of ₹ 11.2 lakh crore, growth of 9.8% YoY over FY25RE is a bit modest, albeit, clearly reflects the government commitment towards fiscal prudence (with Fiscal deficit pegged at 4.4% in FY26 vs. 4.8% in FY25RE), despite growth moderation.
To encapsulate, given the consumption focused budget, we might see pickup in consumption pockets given the tax relief, while capex space is likely to witness only a selective move, ahead.
- February 01, 2025 14:11
Stock market live updates today: Ajay Kakra, Leader, Food and Agriculture, GIDAS, Forvis Mazars in India
“The Union Budget 2025-26 takes a transformative approach to agriculture by focusing on grassroots implementation and farmer empowerment. Initiatives like the Dhan Dhanya Yojana, targeting 100 underdeveloped districts, the Makhana Development Board, and the Fisheries Export SEZ underscore a strong push for value addition and market linkages.
With a sustained emphasis on pulses self-sufficiency and climate-resilient seeds, the budget aligns with the Aatmanirbhar Bharat vision, ensuring long-term productivity gains. By enhancing institutional support, boosting rural incomes, and modernizing farming practices, these measures will not only strengthen the agricultural sector but also position India as a global leader in sustainable and high-value farming.”
- February 01, 2025 14:10
Stock market live updates today: Sandeep Sabharwal, Group CEO, SLCM Ltd. (Sohan Lal Commodity Management) on Union Budget 2025
“The Union Budget 2025 has taken decisive steps to uplift the agricultural sector, with initiatives that could significantly impact 1.7 crore farmers. The introduction of the agricultural district program targeting 100 underperforming districts is a commendable move, focusing on crop diversification, sustainable farming, and improved irrigation. The emphasis on strengthening post-harvest storage at the Panchayat and block levels will help reduce crop wastage and enhance price realization for farmers. Moreover, better access to credit, particularly through the expanded reach of Kisan Credit Cards (KCC), will improve financial liquidity for small and marginal farmers, driving rural entrepreneurship. The budget’s push to enhance market linkages and strengthen local markets at the district level is expected to boost farmers’ ability to sell their produce more competitively, ultimately fostering rural economic resilience.”
- February 01, 2025 13:55
Stock market live updates today: Agri stocks surge post PM Dhan-Dhaanya Krishi Yojana announcement in Union Budget
Agriculture stocks surged on Saturday after Finance Minister Nirmala Sitharaman announced PM Dhan-Dhaanya Krishi Yojana, covering 100 districts with low productivity, moderate crop intensity and below-average credit parameters to help 1.7 crore farmers. Read more
- February 01, 2025 13:55
Stock market live updates today: FMCG, Consumer Durables lead market rally post-budget 2025
The FMCG and consumer durables sectors are emerging as top performers in today’s trading session, with the Nifty FMCG index surging 4.25 per cent and consumer durables rising 2.39 per cent as of 1.20 pm following the announcement of Union Budget 2025. Read more
- February 01, 2025 13:34
Stock market live updates today: Green Energy stocks surge following Finance Minister’s clean power ecosystem announcement
Green energy stocks rallied on Saturday after Finance Minister Nirmala Sitharaman announced plans to create a clean power technology ecosystem.
The announcement included a new manufacturing mission under the Make in India initiative, focusing on solar, electrolysers, and batteries.
The move is expected to boost domestic manufacturing of clean energy technologies and help India achieve its ambitious renewable energy targets.
Shares of Suzlon Energy, Waaree Energies, NTPC Green Energy, Adani Green Energy, and Inox Wind all advanced following the announcement.
- February 01, 2025 13:15
Stock market live updates today: Quote from Amith Agarwal, co-founder & Chief Executive Officer, StarAgri
“I wholeheartedly congratulate our Finance Minister, Madam Nirmala Sitharaman, on presenting a budget that strategically addresses the real issues Indian farmers face today.
The PM Dhandhanya Krishi Yojana is a transformative step that will ensure Indian farmers, especially small and marginal ones, benefit from scientific and modern agricultural practices such as crop rotation and crop diversification. The unique scheme to boost pulse production—focusing on urad, toor, and masoor—will not only secure sustainable farm incomes but also enrich the Indian food basket with nutrition-fortified staples.
- February 01, 2025 13:15
Stock market live updates today: Stella Joseph, Partner, Economic Laws Practice
As per Clause 130 of the Finance As per Clause 130 of the Finance Bill, Services provided or agreed to be provided by insurance companies by way of reinsurance services under the Weather Based Crop Insurance Scheme (WBCIS) and the Modified National Agricultural Insurance Scheme (MNAIS) are proposed to be exempted from service tax retrospectively for the period commencing from 1st April, 2011 and ending with 30th June, 2017.
Stella Joseph, Partner, Economic Laws PracticeBill, Services provided or agreed to be provided by insurance companies by way of reinsurance services under the Weather Based Crop Insurance Scheme (WBCIS) and the Modified National Agricultural Insurance Scheme (MNAIS) are proposed to be exempted from service tax retrospectively for the period commencing from 1st April, 2011 and ending with 30th June, 2017.
- February 01, 2025 13:05
Stock market live updates today: Shripal Shah, MD&CEO, Kotak Securities:
The Union Budget 2025 is clearly focused on stimulating consumer demand to accelerate growth while ensuring fiscal stability. With economic expansion slowing over the past two quarters, the newly announced measures aim to reignite momentum.
A major relief in personal income tax has been introduced, allowing individuals earning up to ₹12 lakh to pay zero income tax. This move is expected to ease the financial burden on the middle class, cushion the impact of rising prices, and drive higher consumer spending as well as investments. Additionally, several reforms in the TDS and TCS regime have been well received.
A series of measures for the agriculture sector aims to boost self-reliance and strengthen commodity markets, which will, in turn, fuel rural demand.
While we await more details , the government’s decision to keep capital gains tax and Securities Transaction Tax (STT) unchanged will ensure stability in tax regimes for capital market investors.
Furthermore, the launch of an Export Promotion Mission and the simplification of the customs duty structure are expected to enhance India’s global trade competitiveness. These initiatives will support exports, improve the balance of payments, and strengthen foreign exchange reserves, ultimately contributing to rupee stability.
- February 01, 2025 13:04
Stock market live updates today: Aniruddha Naha, CIO Alternatives, PGIM India Alternatives.
“The new income tax slabs and rebates have pushed up the annual incomes free from taxation from 7lacs to 12lacs. This is a big relief to the middle and lower middle class in terms of higher savings, which should drive consumption. The government has increased the capex expenditure to 11.20 lakh crores, which should be positive for the Investment cycle. Overall, the govt has been able to take care of the investment cycle and prop up consumption”.
- February 01, 2025 13:03
Stock market live updates today: SML Isuzu recorded total sales in January 2024-25 at 1025 units as against 1320 units in Jan 23-24. Shares traded flat on the NSE at ₹1,341
- February 01, 2025 12:58
Stock market live updates today: Sonam Srivastava- Founder and Fund Manager at Wright Research PMS
The Union Budget 2025-26 presents a balanced approach between growth-driven initiatives and fiscal prudence, making it a critical factor in determining Foreign Institutional Investor (FII) flows in the coming months. The government’s continued emphasis on infrastructure development, MSME support, tax rationalization, and policy reforms could enhance investor confidence and attract foreign capital inflows. Measures such as the increase in the Foreign Direct Investment (FDI) cap in the insurance sector, the rationalization of customs duties to boost domestic manufacturing, and tax incentives for strategic industries, including technology, renewable energy, and defense, indicate a clear push toward long-term economic stability.
FIIs tend to be highly responsive to macroeconomic policies, and this budget reinforces India’s commitment to economic resilience. The increase in capital expenditure, support for startups and MSMEs, and targeted reforms in sectors such as real estate and banking could improve earnings visibility for key sectors, making Indian equities more attractive. Additionally, steps taken to simplify regulatory frameworks and enhance ease of doing business could encourage foreign investors to take a more constructive stance on Indian markets.
However, the trajectory of FII flows will also be shaped by external global factors. The direction of US Federal Reserve policies, particularly interest rate movements, will have a significant influence on emerging market flows, including India. If global liquidity tightens due to higher US interest rates, risk-averse investors may prefer safer assets, leading to continued outflows from Indian equities. Moreover, geopolitical uncertainties, particularly those impacting global trade and crude oil prices, will play a crucial role in determining foreign investor sentiment toward emerging markets.
If the budget is perceived as growth-oriented while maintaining fiscal discipline, we could witness stabilization or even a reversal in recent FII outflows, particularly in sectors benefiting from government policies such as infrastructure, manufacturing, and financial services. However, if global risk-off sentiment persists, foreign investors may remain cautious despite positive domestic reforms. In the near term, India’s relative attractiveness as an investment destination will depend on how effectively these budgetary measures translate into improved corporate earnings, economic expansion, and policy stability. For sustained FII inflows, it is crucial that execution on key policy initiatives remains efficient, ensuring that India continues to be a favorable market for global investors.
- February 01, 2025 12:58
Stock market live updates today: Jairaj Bhattacharya, Co-Founder & CEO, ConveGenius.AI
“The Union Budget 2025’s focus on AI-driven education, skilling, and digital accessibility marks a transformative step for India’s learning ecosystem. The ₹500 crore Centre of Excellence for AI in Education will accelerate innovation, while expanding Atal Tinkering Labs and broadband in schools will bridge digital divides.
For ed-tech enterprises like ConveGenius.AI, these initiatives validate our mission of leveraging AI and adaptive learning to enhance education at scale. Strengthening foundational learning, expanding medical seats, and skilling investments align with the urgent need for personalized and tech-driven interventions.
This budget signals a positive shift towards democratizing quality education, but sustained implementation and public-private collaboration will be key to maximizing impact. We look forward to contributing to this vision and ensuring last-mile access to future-ready learning solutions.”
- February 01, 2025 12:57
Stock market live updates today: Sandeep Nayak ED & CEO of Retail Broking Centrum Broking Ltd, Budget Reaction:
“The continuation on the path of fiscal discipline with fiscal deficit for FY26 pegged at 4.4% of GDP is a positive for the economy. Capital expenditure spend at marginally less than last year’s estimate is a mild negative. On the reforms front, a simplified tax code to be unveiled should bring more cheer to tax payers. Insurance FDI increased to 100% is a big positive. The budget has focused on increasing the disposal income of the middle class with increase in the taxable income limit to Rs. 12 lacs from the existing Rs. 7 lacs. It is a ‘middle class sukino bhavantu’ budget which should boost consumption. Revival of urban consumption will have a positive multiplier effect on the economy helping mitigate the effect of slowdown seen in the last couple of quarters.”
- February 01, 2025 12:56
Stock market live updates today: Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings on Income Tax and fiscal deficit
Income Tax: As visualized by us and strongly stressed on multiple channels and in various mediums, the middle class has been given a welcome relief with no Income Tax up to Rs.12 lakhs Income. For salaried persons, it will go up to Rs. 12. 75 lakhs by factoring in standard deduction. In view of the ravages of the inflationary spiral and the shrinking disposable income, this enhanced income tax limit will be welcome across the development spectrum.
Fiscal Deficit: Entirely in line with our expectations, the fiscal deficit number for FY 25 has come in at 4.8 % - below the budgeted level of 4.9 %- and for FY 26 at 4.4 %. This is greatly welcome for the domestic macroeconomy and will send the right message to global investors, multilateral institutions and the global rating agencies.
- February 01, 2025 12:56
Stock market live updates today: Anitha Rangan, Economist, Equirus
“While adhering to fiscal consolidation, the budget sets a reform centric longer term vision by including all stakeholders viz. states, and public private partnership. Fiscal deficit at 4.4% for FY26 and 4.8% balances the fiscal deficit while at the same time, several progressive reforms in agriculture, rural, MSME, employment is constructive. With a special focus on long term investment encompassing, people, economy and innovation, the fund mechanism of funding will encompass private participation. In addition, there is focus on urban development and revitalization of asset monitisation along with clean energy which suggests more longer term focus. While capex growth does not look very robust, implicit capex via long term reforms shows promise. Simplification of DT reforms will be announced in a week, but the icing in the cake came in the end with income tax relief to middle class (with direct tax foregone of Rs.1 lac crores)”.
- February 01, 2025 12:55
Stock market live updates today: Vikram Kasat, Head - Advisory, PL Capital.
Budget 2025 seems to have addressed the issue of consumption slowdown by providing boost to middle class in the form of lower tax . However , capex may not be as budgeted and could be worry for growth.
Further, New tax code needs to be seen for any changes in capital gain tax.
- February 01, 2025 12:55
Stock market live updates today: Sonam Srivastava- Founder and Fund Manager at Wright Research PMS
The Union Budget 2025-26 presents a balanced approach between growth-driven initiatives and fiscal prudence, making it a critical factor in determining Foreign Institutional Investor (FII) flows in the coming months. The government’s continued emphasis on infrastructure development, MSME support, tax rationalization, and policy reforms could enhance investor confidence and attract foreign capital inflows. Measures such as the increase in the Foreign Direct Investment (FDI) cap in the insurance sector, the rationalization of customs duties to boost domestic manufacturing, and tax incentives for strategic industries, including technology, renewable energy, and defense, indicate a clear push toward long-term economic stability.
FIIs tend to be highly responsive to macroeconomic policies, and this budget reinforces India’s commitment to economic resilience. The increase in capital expenditure, support for startups and MSMEs, and targeted reforms in sectors such as real estate and banking could improve earnings visibility for key sectors, making Indian equities more attractive. Additionally, steps taken to simplify regulatory frameworks and enhance ease of doing business could encourage foreign investors to take a more constructive stance on Indian markets.
However, the trajectory of FII flows will also be shaped by external global factors. The direction of US Federal Reserve policies, particularly interest rate movements, will have a significant influence on emerging market flows, including India. If global liquidity tightens due to higher US interest rates, risk-averse investors may prefer safer assets, leading to continued outflows from Indian equities. Moreover, geopolitical uncertainties, particularly those impacting global trade and crude oil prices, will play a crucial role in determining foreign investor sentiment toward emerging markets.
If the budget is perceived as growth-oriented while maintaining fiscal discipline, we could witness stabilization or even a reversal in recent FII outflows, particularly in sectors benefiting from government policies such as infrastructure, manufacturing, and financial services. However, if global risk-off sentiment persists, foreign investors may remain cautious despite positive domestic reforms. In the near term, India’s relative attractiveness as an investment destination will depend on how effectively these budgetary measures translate into improved corporate earnings, economic expansion, and policy stability. For sustained FII inflows, it is crucial that execution on key policy initiatives remains efficient, ensuring that India continues to be a favorable market for global investors.
- February 01, 2025 12:54
Stock market live updates today: Sharing response by Anirudh Garg, Partner and Fund Manager at Invasset PMS
1) Market Impact of Budget 2025
Ans: The Union Budget 2025 has introduced several tax reforms and sector-specific initiatives that are likely to shape market sentiment and economic growth. The decision to forgo ₹1 lakh crore in direct taxes and offer full tax exemption up to ₹12 lakh income under the new regime is expected to boost consumer spending, benefiting sectors such as FMCG, automobiles, and retail. The middle class and salaried professionals will have more disposable income, driving demand in these areas.
The increased capital expenditure (₹11.1 lakh crore) signals a continued push for infrastructure development, benefitting companies in construction, cement, and steel sectors. Additionally, the government’s support for domestic electronics manufacturing, nuclear energy expansion, and MSME growth should create more investment opportunities in these industries. The relaxation of TCS on foreign remittances for education and simplification of TDS provisions also ease compliance burdens, which will positively impact businesses and international investments.
Stock markets typically react to fiscal policies, and the fiscal deficit at 4.8% of GDP, along with continued government borrowings, may trigger short-term volatility in bond yields and equity markets. However, the push for urban infrastructure, medical education, and MSME support is likely to attract long-term investments, benefiting banking and financial services sectors. Investors should also watch for sectoral movements in pharmaceuticals & renewable energy as government incentives will fuel their growth.
2) Post-Budget Financial Planning for Investors
Given the tax relief and new income tax slabs, investors should reevaluate their financial strategies. The exemption on income up to ₹12 lakh under the new regime might make it more attractive for taxpayers compared to the old system, prompting a shift in investment planning.
- Tax Planning: High earners (₹18 lakh+) benefit from a ₹70,000 tax reduction, making it wise to assess whether to opt for the new tax regime. With increased TDS limits on rent (₹6 lakh) and senior citizen interest deduction (₹1 lakh), real estate investments and fixed-income options become more appealing.
- Savings & Investment Strategy: The focus on MSMEs and startups presents an opportunity to invest in businesses that will benefit from government policies. Additionally, critical minerals, infrastructure, and power sector investments offer long-term growth potential.
- February 01, 2025 12:53
Stock market live updates today: Budget 2025: Sonam Garg Sharma, Medical Linkers, Founder (Medical Tourism)
The Union Budget’s focus on healthcare and tourism is a transformative step for India’s growing medical tourism sector. The ‘Heal in India’ initiative, coupled with a ₹20,000 crore allocation for medical tourism, reinforces India’s position as a global hub for affordable and high-quality medical care. By streamlining visa processes and enhancing infrastructure in the top 50 tourist destinations, the government is making it easier for international patients to access world-class treatment while exploring India’s rich cultural heritage.
Additionally, the establishment of 200 cancer centers across districts will significantly improve specialized care, making critical treatments more accessible. Supporting gig workers with identity cards, healthcare coverage, and registration on the e-Shram portal is another step towards strengthening India’s workforce.
As a medical tourism company, we welcome these initiatives and look forward to playing a key role in promoting India as a premier destination for healthcare. These developments will not only boost medical tourism but also contribute to India’s economic growth by attracting more international patients and healthcare investments.
- February 01, 2025 12:52
Stock market live updates today: Gul Basantani, Partner, Government, Infrastructure, Development sector Advisory Services, Forvis Mazars in India
“The Union Budget takes a significant step towards India’s energy transition by prioritizing nuclear energy expansion. The proposed 100 GW nuclear target by 2047, along with reforms to the Atomic Energy Act and Civil Liability for Nuclear Damage Act, signals a progressive shift. Encouraging private sector participation, incentivizing power sector reforms, and investing ₹20,000 crore in small modular reactors will enhance energy security and sustainability.”
- February 01, 2025 12:52
Stock market live updates today: Dr. Suresh Ramanathan, Dean at Great Lakes Institute of Management, Chennai, on skilling & MSME
This budget makes a strong statement. India’s growth will come from its people. From skilling hubs and research fellowships to education in Artificial Intelligence and MSME support, the government is investing where it matters. When people have better skills, better access, and better opportunities, the entire economy moves forward.
- February 01, 2025 12:51
Union Budget 2025 Highlights: Top announcements & key takeaways you need to know
- February 01, 2025 12:34
Stock market live updates today: Manmeet Kaur, Partner at Karanjawala & Co.
Fertilizer
The budget aims to enhance Fertilizer production. Three dormant urea plants in North East India as brownfield projects have been revived. A new urea plant with an annual capacity of 12.7 lakh metric tons is proposed to be set up at Namrup.
- February 01, 2025 12:33
Stock market live updates today: Rahul Charkha, Partner at Economic Laws Practice
Sector - Agriculture
Agriculture sector continues to receive steady philip from the Government. Given the wide range and unorganised nature of the sector, steady reforms are necessary. Kudos to the Government to continuously focus on this sector. Funding this sector has been a perineal problem and we have experienced in the past that loan waivers do not serve the purpose. introduction and enhancement of credit guarantee scheme has found success and addresses this problem. Use of AI in agriculture could be a game changer and reduce dependencies.
- February 01, 2025 12:33
Stock market live updates today: Manmeet Kaur, Partner at Karanjawala & Co.
Agriculture
The Dhan Dhanya Krishi Yojana aims to enhance agriculture productivity in 100 low productivity districts and around 1.5 crore farmers. The scheme aims to augment storage, make better provisions for irrigation and providing long and short term credit to farmers. Proposed scheme aiming at aatmanirbharta in pulses, will help reduce imports.
- February 01, 2025 12:17
Stock market live updates today: Post Budget Quote by; Prof. Supriya Pattanayak, Vice Chancellor, Centurion University, Odisha
It is an encouraging sign that the government has continued to put adequate focus on the need for skill development for the second consecutive year. With new National Centres for Skilling announced by the Finance Minister, it is evident that the government has a vision to facilitate the creation of industry-ready workforce that can strengthen India’s global positioning. We also welcome the plan to increase the number of seats at medical colleges and hospitals, as it will play an instrumental role in enhancing healthcare across the country. We further welcome the decision to increase seats at eminent institutions like IITs, as well as the outlay to establish multiple Centres of Excellence in AI for Education. We also request the government to consider policies that promote and enhance skill-integrated higher education at existing public as well as private institutions, especially in regions outside the metro, much the allocation for national framework to promote global capabilities sector in tier 2 cities. With the Finance Minister herself pointing towards the Industry 4.0 banking on high skill and education, this pretty much becomes the need of the hour.
- February 01, 2025 12:16
Stock market live updates today: Top gainers, losers on the NSE as at 12 pm
WhatsApp Image 2025-02-01 at 12.08.24 PM.jpeg
- February 01, 2025 12:15
Stock market live updates today: BSE snapshot at noon
Of 3,842 stocks traded on BSE at 12.06 pm on Feb 1, 2025, 1,878 advanced against 1,798 stocks that declined, and 166 remained unchanged. While 41 stocks recorded a 52-week high, 50 hit a 52-week low. A total of 190 stocks traded in the upper circuit, and 176 in the lower circuit.
- February 01, 2025 12:14
Stock market live updates today: Budget Quote - ATL education sector - Rajeev Tiwari, Co Founder of STEMROBO Technologies
The announcements made in the Union Budget 2025 highlight a forward-thinking vision for India’s growth, with a strong emphasis on digital infrastructure, skill development, and innovation. The decision to expand broadband connectivity to all government secondary schools is a game-changer. It will not only bridge the digital divide but also ensure that students across the country have access to the same learning opportunities, regardless of their location.
The establishment of 50,000 Atal Tinkering Labs over the next five years is a great move for encouraging creativity and innovation among our youth. These labs will provide hands-on learning and inspire the next generation of engineers, scientists, and innovators. Such initiatives will also increase awareness and understanding of the importance of 21st-century skills, helping schools and students recognize their critical role in future-ready education.
The launch of the Bharatiya Bhasha Pustak Scheme, which will bring digital books in Indian languages, is another crucial step towards making education more accessible to people in rural and remote areas, while also preserving our rich linguistic diversity. This will further encourage students to embrace modern learning tools while staying connected to their cultural roots.
The ₹500 crore investment in AI research and development for setting up five Centers of Excellence for Skilling with global expertise will ensure that our workforce is prepared for the future, ready to meet the demands of the global market. This will underscores India’s commitment to becoming a global leader in technology, These measures will strengthen the adoption of 21st-century skills in schools and encourage students to develop competencies such as critical thinking, problem-solving, and digital literacy.
Another crucial step is the enhanced credit coverage support for MSMEs and startups. This initiative will go a long way in fostering innovative startups and entrepreneurs, enabling them to become an integral part of the education ecosystem. With increased financial support, startups focusing on educational technology, AI tools for learning, and skill development programs will have greater opportunities to create impactful solutions that enhance education quality and accessibility.
Overall, these initiatives will not only drive growth but also position India as a key player in the global economy, equipping its younger generations with the tools needed to thrive in an increasingly technology-driven world while fostering innovation within the education sector.”
- February 01, 2025 12:13
Stock market live updates today: Budget 2025 Reaction Quote by Mukul Goyal, Co-Founder of Stratefix Consulting:
“The Union Budget 2025 has rightly emphasized the pivotal role of MSMEs in India’s economic landscape. With over one crore registered MSMEs contributing approximately 36% to our manufacturing output and 45% to exports, their significance cannot be overstated.
The government’s decision to enhance the investment and turnover thresholds for MSME classification is a commendable move. This adjustment will enable more enterprises to avail MSME benefits, fostering growth and competitiveness. Additionally, the increase in credit guarantee cover for micro-enterprises from ₹5 crore to ₹10 crore is a significant step. This initiative is expected to inject an additional ₹1.5 lakh crore in credit over the next five years, empowering small businesses to invest in innovation and expansion.
However, while these measures are promising, it is crucial to address the persistent challenges that MSMEs face. Access to timely and affordable credit remains a hurdle for many small businesses. Streamlining the loan disbursement process and reducing bureaucratic red tape are essential to ensure that the intended benefits reach the grassroots level.
Furthermore, the emphasis on digitization and technology adoption is a welcome move. Encouraging MSMEs to integrate digital tools can enhance operational efficiency and open new market avenues. Providing incentives for technology adoption and digital literacy programs will be instrumental in this transition.
In conclusion, the Union Budget 2025 lays a solid foundation for strengthening the MSME sector. By addressing the existing challenges and building on the proposed initiatives, we can look forward to a more robust and resilient MSME ecosystem, driving India’s journey towards becoming a global manufacturing hub.”
- February 01, 2025 12:13
Stock market live updates today: Shipping stocks in focus: Shipping Corporation (+3.31%), GRSE (+1.08%), Essar (+3.22%), Seamec (+0.46%)
- February 01, 2025 12:12
Stock market live updates today: T Manish, Research Analyst, SAMCO Securities
The government plans to promote medical tourism and the “Heal in India” initiative in collaboration with the private sector, including streamlined visa norms to enhance accessibility and affordability. This is expected to strengthen existing healthcare infrastructure.
Key beneficiaries include hospitals attracting the highest number of medical tourists, such as Max Healthcare, Medanta, Apollo Hospitals (Metro & Tier 1 cities), HCG (Tier II cities), and Jeena Sikho Limited. Additionally, diagnostic service providers like Dr. Lal PathLabs, Metropolis, and Vijaya Diagnostics stand to gain.
Fisheries
The government plans to strengthen the fisheries sector in Andaman & Nicobar and Lakshadweep, supporting growth and sustainability. Additionally, the Finance Minister reaffirmed the continuation of Kisan Credit Cards (KCC) to provide short-term loans to 7.7 crore farmers, fishermen, and dairy farmers.
Key beneficiaries of these initiatives include Godrej Agrovet, Apex Frozen Foods, and Avanti Feeds.
- February 01, 2025 12:12
Stock market live updates today: Oneeka Medh, Research Analyst, Samco Securities
The Shipbuilding Sector Revamp aims to strengthen domestic ship manufacturing through enhanced infrastructure, technology upgrades, and financing reforms. The government has announced a comprehensive revamp of its financial assistance policy, anchored by the creation of a Maritime Development Fund with a substantial corpus of ₹25,000 crore. Ownership, leasing, and flagging regulations will be revised to boost India’s global shipping market share and generate employment. To further support shipbuilding, customs duties on vessel components, consumables, technical documentation, and warship spare parts have been eliminated. This initiative will drive industrial growth, improve maritime trade, and position India as a global shipbuilding hub. Key beneficiaries include Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers (GRSE), and Cochin Shipyard, all poised for increased orders and expansion.
- February 01, 2025 12:11
Stock market live updates today: Raj Gaikar, Research Analyst, SAMCO Securities
The government’s decision to enhance the short-term loan limit under the Kisan Credit Card (KCC) scheme from ₹3 lakh to ₹5 lakh for 7.7 crore farmers, fishermen, and dairy farmers is expected to drive growth in India’s credit card market. Public sector banks such as SBI, Union Bank, and Canara Bank, which actively extend KCC loans, are likely to see a boost in lending revenue. Additionally, private sector leaders in the credit card segment, including HDFC Bank and Axis Bank, stand to benefit from increased credit adoption, further strengthening their market position.
- February 01, 2025 12:11
Stock market live updates today: Divyam Mour, Research Analyst, Samco Securities
In a major boost to the domestic shipbuilding industry, the government has announced a comprehensive revamp of its financial assistance policy, anchored by the creation of a Maritime Development Fund with a substantial corpus of ₹25,000 crore. Under this initiative, the government will contribute 49% to the fund, aiming to enhance the competitiveness and capacity of India’s shipbuilding sector.
This initiative is expected to significantly benefit leading shipbuilding companies such as Mazagon Dock Shipbuilders (Mazdock), Cochin Shipyard Limited (CSL), and Garden Reach Shipbuilders & Engineers (GRSE) by providing much-needed financial support for expansion, modernization, and innovation.
- February 01, 2025 12:10
Stock market live updates today: Oneeka Medh, Research Analyst, Samco Securities
The 100% Tap Water Coverage by 2028 initiative aims to provide clean drinking water to all households, focusing on rural piped infrastructure. India, with 18% of the world’s population but only 4% of its freshwater, faces critical water challenges. As per capita usage is set to double by 2050, sustainable management is vital. MoUs with states will ensure smooth implementation. Companies like VA Tech Wabag, L&T, and Ion Exchange (India) will play key roles in infrastructure development, improving public health, agriculture, and industrial growth through a reliable water supply.
- February 01, 2025 12:10
Stock market live updates today: Divyam Mour, Research Analyst, SAMCO Securities
In a significant push towards self-reliance in renewable energy, the Government of India has launched a new manufacturing mission under the ambitious Make in India initiative. This strategic move aims to establish a robust ecosystem for the production of solar photovoltaic (PV) cells, electrolysers, and grid-scale batteries—key components in advancing India’s clean energy transition.
The initiative is expected to be a game-changer for leading solar PV manufacturers such as Premier Energies, Waaree Energies, and Adani Enterprises, boosting domestic production capabilities and reducing import dependencies. Additionally, battery manufacturing giants like Amara Raja Batteries, HBL Power Systems, and Exide Industries stand to gain from the mission’s focus on strengthening the country’s energy storage infrastructure.
Beyond solar and energy storage, the initiative will provide a strong impetus to companies engaged in wind turbine manufacturing and other renewable energy solutions. Industry players like Inox Wind, Orient Green Energy, Suzlon Energy, and KPI Green Energy are expected to witness significant growth opportunities as India reinforces its commitment to clean energy and sustainable industrial expansion.
- February 01, 2025 12:10
Stock market live updates today: T Manish, Research Analyst, SAMCO Securities
The five-year mission for cotton productivity aims to enhance the quality of Extra Long Staple (ELS) cotton varieties, fostering improved yields and sectoral growth. Despite stagnant to declining cotton seed prices, this initiative has the potential to strengthen the industry’s outlook and benefit companies like Ambika Cotton.
- February 01, 2025 12:09
Stock market live updates today: Vivek Iyer, Partner, Grant Thornton Bharat
“Agricultural reforms aim to strengthen supply chains, promote balanced nutrition, and enhance food security, indirectly curbing long-term food inflation. This will support lower yields, boosting financial sector resilience to better sustain the broader economy.”
- February 01, 2025 12:09
Stock market live updates today: Insurance sector stocks outlook on the NSE at around 11.55 am
LIC (+0.34%)
HDFC Life (+1.73%)
New India Assurance
ICICI Prudential (+1.62%)
Star Health (+3.31%)
Max Financial (+1.22%)
Niva Bupa (+1.97%)
SBI Life (+1.36%)
- February 01, 2025 12:08
Stock market live updates today: Divyam Mour, Research Analyst, Samco Securities
In a significant step towards ensuring universal access to clean drinking water, Finance Minister Nirmala Sitharaman announced the extension of the Jal Jeevan Mission with an enhanced outlay until 2028 during her Budget speech on Saturday. The mission continues to receive one of the highest budgetary allocations, reflecting the government’s strong commitment to water security and rural development.
Under this initiative, every rural household will have access to a safe, adequate, and reliable drinking water supply, adhering to prescribed quality standards at affordable service delivery charges. This long-term vision aims to enhance public health, improve living conditions, and strengthen water infrastructure across the country.
The extension of the Jal Jeevan Mission presents significant opportunities for companies specializing in water and wastewater management, including Concord Enviro, Enviro Infra, VA Tech Wabag, Thermax, and EMS Ltd. These industry leaders are expected to play a crucial role in advancing water purification, distribution, and sustainable resource management solutions.
- February 01, 2025 12:08
Stock market live updates today: Subburathinam P, Chief Operating Officer, TeamLease,
“India’s focus on agriculture and manufacturing as key growth drivers is set to transform the economy. The PM Dhandhanya Krishi Yojana will boost productivity in 100 low-yield districts, while Aatmnirbharta in Urea and high-yield seed missions will enhance rural employment and prosperity. Clean tech investments in EVs, batteries, and wind turbines under the manufacturing mission, along with higher turnover limits, will drive industrial expansion and job creation.”
- February 01, 2025 12:07
Stock market live updates today: Apurva Sheth, Head of Market Perspective & Research, SAMCO Securities
The reduction in Capex outlay from Rs 11.11 Lakh crore in last fiscal to Rs 10.18 Lakh crore is lower than expectation. The government’s focus until now was on Infrastructure and capex seems to be taking a hit due to political compulsions and freebie politics.
- February 01, 2025 12:07
Stock market live updates today: Moin Ladha, Partner, Khaitan & Co
Budget 2025 announces reforms in the agriculture sector including Dhan Dhanya Krishi Yojna, high yield seed varieties, and crop diversification to allow for greater produce and creation of employment. This helps farmers achieve self-sufficiency and reduce migration. These measures will allow for higher export of produce outside India and boost cross-border trade, and ultimately limit migration to metro cities.
- February 01, 2025 12:07
Stock market live updates today: Amar Nandu, Research Analyst, SAMCO Securities
The modified UDAN scheme will be launched to connect 120 new destinations and cater to 4 crore passengers over the next 10 years. Additionally, greenfield airports will be developed in Bihar to support this expansion. Domestic passenger growth, which stood at 6.12% in 2024, could take off further. Leading airline IndiGo is likely to strengthen its market position. SpiceJet could also witness an increase in passengers. Additionally, Adani Airport Holdings Limited may expand its service portfolio by adding new airports, contributing to the consolidated profits of Adani Enterprises.
- February 01, 2025 12:06
Stock market live updates today: Moin Ladha, Partner, Khaitan & Co
“The Finance Minister’s push for global best practices across the economy underscores the urgent need for stronger protection of know-how and trade secrets in India. Without this, we risk losing valuable intellectual property and hindering innovation. Multinational businesses almost always look for this while planning collaborations with Indian businesses.”
- February 01, 2025 12:05
Stock market live updates today: Oneeka Medh, Research Analyst, Samco Securities
The Union Budget has allocated ₹1.48 lakh crore to enhance education, skilling, and employment, with key boosts to schemes like Samagra Shiksha Abhiyan, PM-POSHAN, and initiatives such as the PM Internship Scheme, Centre of Excellence in AI, and National Digital University. This focus on digital learning, technical education, and teacher development aims to position India as a global education leader. AI integration will further advance these efforts, enabling smarter learning platforms and skill development programs. The 2025-26 budget is expected to deepen these initiatives, focusing on internationalization, research, infrastructure, and strengthening Indian Knowledge Systems (IKS), while expanding the role of global faculty and AI in transforming education.
- February 01, 2025 12:05
Stock market live updates today: Anand Ramanathan, partner, consumer products and retail sector leader, Deloitte India
The announcements on agriculture as the first growth engine have been comprehensive in scope and will lead to enhanced agricultural productivity and rural livelihoods including upliftment of 100 agriculturally backward districts. There is a significant increase in allocations for making credit available for farmers. Import substitution has also received a fillup with the scheme on government procurement support for pulses and augmentation of capacity for domestic urea manufacturing. Exports have also received a boost with the announcements on marine processing, makhana cultivation and the cotton mission. Logistics is an important driver of agricultural productivity and the announcements related to upgradation of warehousing infrastructure, air cargo enablement for horticultural products and revival of the India Post network will help in this endeavour.
- February 01, 2025 12:04
Stock market live updates today: Padmanand V, Partner and Agriculture Industry Leader, Grant Thornton Bharat
In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced several key measures to bolster the Micro, Small, and Medium Enterprises (MSME) sector:
1. Enhanced Credit Guarantee Scheme: The credit guarantee cover for micro and small enterprises will be significantly improved. The guarantee limit will increase from ₹5 crore to ₹10 crore, unlocking an additional ₹1.5 lakh crore in credit over the next five years. This initiative aims to facilitate easier access to credit for MSMEs, thereby supporting their growth and expansion.
2. Revised Investment and Turnover Limits: To encourage MSMEs to scale their operations, the investment and turnover thresholds for classification have been enhanced. The investment limit has been increased to 2.5 times, and the turnover limit has been doubled. This adjustment is expected to instill confidence among MSMEs, enabling them to grow and generate employment opportunities for the youth.
3. Technological Upgradation and Capital Access: The government will focus on facilitating technological upgrades and improving access to capital for MSMEs. These efforts are designed to help MSMEs achieve higher efficiencies and remain competitive in the market.
These measures reflect the government’s commitment to strengthening the MSME sector, recognizing its vital role in job creation and economic development.
- February 01, 2025 12:04
Stock market live updates today: Padmanand V, Partner and Agriculture Industry Leader, Grant Thornton Bharat
Very apt focus on the agri sector. Focus is rightly on enhancing pdty, engendering agriculture tro women focus, competitive import substitution in pulses and oil seeds tro phased MSP support for 4 years and in urea tro establishing a 7 lakh MT urea processing plant in Assam. Thrust on FPOs as implementing platforms is emphasized on. Further, in the export context, the largest contributor I.e. fisheries will be promoted tro supporting dedicated zones. KCC targets and limits have also been enhanced to address credit issues.
- February 01, 2025 11:58
Stock market live updates today: Union Budget 2025’s emphasis on tourism-driven growth to benefit railway and hospitality stocks
The Union Budget 2025’s emphasis on tourism-driven growth is poised to benefit railway and hospitality stocks. The PM GatiShakti initiative offering private sector access to critical infrastructure data will enhance project execution for companies like IRCTC. Furthermore, the development of 22 key tourist destinations in collaboration with state governments is expected to boost hotel chains such as Indian Hotels, Lemon Tree Hotels, and Chalet Hotels.
Siddhesh Mehta, Research Analyst, Samco Securities Ltd.
Lemon Tree Hotels up 1.91% at ₹138.80, IndiGo up 0.7% at ₹4,354.6. IRCTC slips 1.19% to ₹812.5, RVNL down 0.79% at ₹472.55, IRFC 0.81% down at ₹149.72; Chalet Hotels down 1.39% to ₹760.2
- February 01, 2025 11:56
Stock market live updates today: Divyam Mour, Research Analyst, SAMCO Securities
In a significant push towards self-reliance in renewable energy, the Government of India has launched a new manufacturing mission under the ambitious Make in India initiative. This strategic move aims to establish a robust ecosystem for the production of solar photovoltaic (PV) cells, electrolysers, and grid-scale batteries—key components in advancing India’s clean energy transition.
The initiative is expected to be a game-changer for leading solar PV manufacturers such as Premier Energies, Waaree Energies, and Adani Enterprises, boosting domestic production capabilities and reducing import dependencies. Additionally, battery manufacturing giants like Amara Raja Batteries, HBL Power Systems, and Exide Industries stand to gain from the mission’s focus on strengthening the country’s energy storage infrastructure.
Beyond solar and energy storage, the initiative will provide a strong impetus to companies engaged in wind turbine manufacturing and other renewable energy solutions. Industry players like Inox Wind, Orient Green Energy, Suzlon Energy, and KPI Green Energy are expected to witness significant growth opportunities as India reinforces its commitment to clean energy and sustainable industrial expansion.
Premier Energies surged 4.87% to ₹1,082.35, while Waaree Energies rose 4.34% to ₹2,496.45, reflecting strong momentum in the renewable energy sector.
- February 01, 2025 11:55
Stock market live updates today: Tata Motors shares rise 0.25% on allotment to employees under ESOP, share capital increases
Shares of Tata Motors gained 0.35 per cent to ₹716 on the BSE at 11.27 am on Saturday, after the company allotted 64,319 new ordinary shares to its employees under an existing employee stock option plan (ESOP). This allotment was approved by the company’s Allotment Committee on January 31, 2025. Read more
- February 01, 2025 11:53
Stock market live updates today: Adani Stocks outlook on the NSE
Adani Energy Solutions (+1.70%)
Adani Green (+3.97%)
Adani Enterprises (+1.72%)
Adani Ports (+0.54%)
Adani Power (+2.67%)
ATGL (+0.74%)
AWL (+0.28%)
Ambuja Cements (-0.03%)
ACC (+0.74%)
Sanghi Industries (+0.27%)
NDTV (+2.01%)
- February 01, 2025 11:52
Stock market live updates today: Tata Motors shares rise 0.25% on allotment to employees under ESOP, share capital increases
Shares of Tata Motors gained 0.35 per cent to ₹716 on the BSE at 11.27 am on Saturday, after the company allotted 64,319 new ordinary shares to its employees under an existing employee stock option plan (ESOP). This allotment was approved by the company’s Allotment Committee on January 31, 2025.
According to its exchange filing, the shares, with a face value of ₹2 each, were issued upon the exercise of 55,435 Performance Share Units at an exercise price of ₹2 per share and 8,884 Stock Options at an exercise price of ₹338 per share.
This allotment has increased the company’s paid-up share capital from ₹7,36,27,27,297 (comprising 3,68,11,24,896 ordinary shares) to ₹7,36,28,55,935 (comprising 3,68,11,89,215 ordinary shares).
- February 01, 2025 11:42
Stock market live updates today: Vardhman Textiles shares, trading at ₹466, up ₹9.25 or 2.03% on NSE at 11.28 am; KPR Mills up 1.65% at ₹947.40; and Welspun India at ₹748.50, up 0.88%
Siddhesh Mehta, Research Analyst, SAMCO Securities: The Union Budget 2025’s launch of a five-year Mission for Cotton Productivity aims to enhance the production of Extra Long Staple (ELS) cotton, fostering superior quality raw material for the textile industry. This initiative is expected to strengthen India’s traditional textile sector, boost exports, and reduce dependency on imports. Companies like Vardhman Textiles, KPR Mill, and Welspun India are well-positioned to benefit from this policy shift.
- February 01, 2025 11:40
Stock market live updates today: Aviation/ airlines stocks in focus: Outlook at around 11.35 am on the BSE
SpiceJet (+4.48%)
HAL (+2.34%)
Taneja Aerospace (+2.11%)
IndiGo (+1.01%)
GMR Airports (+2.67%)
TAAL Enterprises (-0.48%)
- February 01, 2025 11:33
Stock market live updates today: T Manish, Research Analyst, SAMCO Securities:
The Prime Minister Krishi Yojana aims to enhance agricultural productivity through crop diversification, sustainable farming practices, improved post-harvest storage at the Panchayat and block levels, better irrigation facilities, and expanded access to both short-term and long-term credit. The initiative is expected to benefit approximately 1.7 crore farmers.
Additionally, a six-year mission has been launched to achieve self-reliance in pulses, with a particular focus on tur and masoor, further supporting agricultural growth. Stocks likely to be impacted by these developments include Kaveri Seeds.
- February 01, 2025 11:32
Stock market live updates today: Sensex up over 300 points
- February 01, 2025 11:31
Stock market live updates today: Nifty Realty trades positive by 1.01% at 930.65
- February 01, 2025 11:31
Stock market live updates today: Vivek Iyer, Partner and Financial Services Risk Leader, Grant Thornton Bharat
The repurposing of India Post into a major logistics organisation will create a public marketplace platform, which can be leveraged to promote the sachetisation of financial services, thereby broadening financial coverage.
- February 01, 2025 11:22
Stock market live updates today: Pricol Ltd divests wiping business division to Auto Ignition Ltd on slump sale basis on January 31, 2025. Stock trades at ₹513.25 on the NSE, up 1.63%
- February 01, 2025 11:21
Stock market live updates today: Railway stocks: Titagarh, RVNL, RailTel, IRFC shares gain ahead of Budget
Track price movements in Railway stocks live here
- February 01, 2025 11:20
Stock market live updates today: Ashok Leyland’s total sales (including exports) rose 8% y-o-y to 17,213 units (15,939 units) in January 2025. Stock traded flat on the NSE at ₹217.26
- February 01, 2025 11:17
Stock market live updates today: Agri stocks outlook: Kaveri Seed (+10.87%), Dhanuka Agritech (+4.88%), Godrej Agrovet (+6.45%), India Pesticides (+2.21%), UPL (+1.20%)
- February 01, 2025 11:16
Stock market live updates today: Hyundai Motor India sold 65,603 units in January 2025, comprising domestic sales of 54,003 units and export sales of 11,600 units. Shares flat on the NSE at ₹1,670.95
- February 01, 2025 11:15
Stock market live updates today: Benchmark indices Sensex and Nifty traded in moderately positive territory in mid-morning trading.
At 11:11 am, Sensex was at 77,680.79, up +180.22 points or 0.23 per cent higher. Nifty was at 23,539.75, up 31.35 points or 0.13 per cent firmer
- February 01, 2025 10:50
Stock market live updates today: Budget for world’s fastest-growing major economy: Key numbers to be watched
Finance Minister Nirmala Sitharaman will present her record 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Read more
- February 01, 2025 10:48
Stock market live updates today: Sitharaman takes Tablet in red pouch to present paperless budget
Finance Minister Nirmala Sitharaman on Saturday will present her eighth consecutive Budget, which she will deliver from a digital tablet enclosed in a traditional ‘bahi-khata’ style pouch. Read more
- February 01, 2025 10:45
Stock market live updates today: Sensex up 200 points
- February 01, 2025 10:44
Stock market live updates today: HBLShivakriti consortium gets order worth ₹410.42 crore from Ahmedabad division of Western Railway; stock surges 3.46% on NSE
HBL Engineering has informed that a Letter of Acceptance in the name of HBLShivakriti Consortium has been received for an order worth ₹410.42 crore (inclusive of GST @ 18%) from Ahmedabad Division of Western Railway for supply and Installation of way-side Kavach on the Ahmedabad-Palanpur section and Ahmedabad-Samakhiyali section. Stock surges 3.46% on the NSE to ₹617.50
- February 01, 2025 10:35
Stock market live updates today: Markets open flat on Budget Day as investors eye growth measures
Indian equity markets opened marginally higher on Saturday, the Union Budget day, as investors remained cautious while awaiting Finance Minister’s announcements amid mixed global cues and recent selling by foreign investors. Read more
- February 01, 2025 10:21
Stock market live updates today: GHCL stock traded flat on the NSE at ₹729.80; consolidated net profit for the quarter ended December 2024 was at ₹168.42 crore
GHCL stock traded flat on the NSE at ₹729.80. GHCL’s consolidated net profit for the quarter ended December 2024 was at ₹168.42 crore as against ₹99.85 crore in the corresponding quarter previous year.
- February 01, 2025 10:21
Stock market live updates today: Akshay Chinchalkar, Head of Research, Axis Securities
““The Nifty finished higher for the fourth straight yesterday, a streak not seen since December 4th. In doing so, we also managed a close above the 10th January breakdown area, which is a start for bulls looking to extend the rebound. Still, overhead resistance is aplenty, with the next upside and key hurdle kicking in around 23632 followed by the critical 23763 - 23811 zone. Immediate support lies in the 23339 - 23387 area, followed by 23109. The ranges are wider than usual since its budget day”.
- February 01, 2025 10:03
Stock market live updates: SSWL’s monthly net turnover of Rs 409.16 crore in January 2025 grew 7.54% yoy from Rs 380.47 crore in January 2024. Steel Strips Wheels stock rose 2.31% on NSE to ₹197.82
- February 01, 2025 10:01
Stock market live updates: Escorts Kubota Agri Machinery Business Division in January 2025 sold 6,669 tractors as against 7,150 tractors sold in January 2024. Stock declines 2.03% on NSE to ₹3,549.75
- February 01, 2025 10:00
Stock market live updates today: Mahindra & Mahindra Ltd overall auto sales in January 2025 stood at 85,432 vehicles, a growth of 16%, including exports. Shares up 1.65% on the NSE to ₹3,039.30
- February 01, 2025 09:59
Stock market live updates today: Railway stocks outlook at around 9.45 am: Shares trade in positive territory on the NSE
Ircon (+1.97%), BEML (+3.05%), RVNL (+3.97%), RAILTEL (+3.38%), Texmaco Rail (+2.93%), Titagarh (+5.73%), IRCTC (+0.69%), IRFC (+2.46%)
- February 01, 2025 09:58
Stock market live updates today: Brokerage recommendations
CLSA On Sun Pharma
Hold Call, Target At Rs1,880/Sh
Co Reported In-line Revenue, A Beat On EBITDA Margin & In-line Profit
US Mkt Declined YoY Due To Lower Generic Revlimid Sales In Q3
India, Emerging Markets & Rest Of The World Markets Saw Robust Growth
HSBC On Sun Pharma
Buy Call, Target At Rs2,280/Sh
Lower R&D Led To EBITDA Margin Beat In Q3
Outlook For Specialty Product Sales Remains Healthy
Next Update On Leqselvi (Alopecia Drug) Litigation In April 2025
Jefferies On Sun Pharma
Buy Call, Target At Rs2,265/Sh vs Rs2,260
Q3 Better Than Estimates Even After Adjusting For $45 m Milestone Income
India Delivered 14% YoY Growth Led By Volumes
US Sales Declined 8% QoQ Due To Lower Sales Of Generic Drugs
Global Specialty Sales Maintained Momentum
Co Is Well-placed To Conclude More Deals In Specialty With Strong Infra In Place
GS on Sun Pharma
Maintain Sell, TP Rs1,625 (from Rs1,650)
Valuations not factoring in pipeline delay risks
FY24-27 revenue to grow in high single digits
R&D spends pushed out again
Global specialty remains strong, likely to mellow down over coming quarters
Nuvama on Sun Pharma
Retain Hold, TP Rs1,830 (from Rs1,815)
In-line performance
EBITDA margin beat due to lower R&D
India, EMs turn in a strong show; RoW boosted by milestone income
FY25E R&D guidance cut; Leqselvi uncertainty persists
Jefferies On Biocon
Hold Call, Target At Rs400/Sh
Q3 Missed Estimates Due To Soft Performance From Generics & Biosimilars Division
Growth Is Expected To Pick-up Here On With New Launches In UK/EU & US
Key To Monitor Is Market Share Gains In New Launches
Key To Monitor Is FCF Generation Given High Capex Intensity
Cut FY26/27 EBITDA By 4%/5%
HSBC On Biocon
Buy Call, Target At Rs430/Sh
Q3 Below Estimates, Though Sequential Pick-up In Rev Across Segments Is Reassuring
Co Is Well Placed For Operational Turnaround, Led By Execution Of High-value Biosimilars
Launch Of Insulin Aspart From Malaysia Is Next Catalyst
MOSL On Vedanta
Neutral Call, Target At Rs500/Sh
Operational Performance In-Line; Lower Tax Outgo Drives Profit Beat
Management Targets To Maintain Strong Growth In Earnings
Co Remains Firm On Its Deleveraging Plans
Going Forward, Higher Cash Flows Will Support Both Expansion Plan & Deleveraging Efforts
CLSA On Vedanta
Outperform Call, Target At Rs530/Sh vs Rs520
Q3 EBITDA Was Above Estimates On Better Aluminium Profitability
Aluminium Cost Of Production Was Up On Higher Purchased Alumina Cost
COP Was Sequentially Lower For Zinc For Both India And International
Debt Repayment To Parent Vedanta Resources Can Be Managed Via Brand Fees/Dividend
Jefferies On ONGC
Buy Call, Target At Rs375/Sh
Q3 Standalone EBITDA Was Marginally Ahead Of Estimates
Domestic Production Was Marginally Ahead And Realisations Were In-line
Profit Was Below Est/Consensus On Higher D&A, Lower Dividend Income & Higher Tax Rates
Consol Profit Was Below Driven By Weaker Performance By Subsidiaries
CLSA on ONGC
Maintain Outperform, TP Rs360
Q3FY25-Core beat in earnings
Healthy beat seen in oil/gas sales volume
KG-98/2-at 80% of peak oil production
Jefferies on Prestige Estate
Upgrade to Buy from Underperform, TP Rs1600 (from Rs1420)
Operational improvement likely soon
Projects worth Rs 30000cr are in advanced approval stages
Strong demand expected particularly for mid-income projects
Large capex program is on track and gearing 0.37x provides headroom for scale-up
MS on Consumer
Titan – Upgrade to Overweight from Equal-weight; Hike TP to Rs 3876 from Rs 3532
Jubilant Food – Upgrade to Overweight from Equal-weight; Hike TP to Rs 781 from Rs 620
Consumption trends remain weak and volatile
But businesses that are building growth visibility through idiosyncratic efforts should thrive
Now view Titan and Jubilant as well positioned premium and mass discretionary consumption plays to own
Three reasons for our upgrades:-
1) these businesses are building customer captivity against a weak consumption backdrop,
2) strengthening their cores, and
3) steady market share gains
- February 01, 2025 09:56
Stock market live updates today: Brokerage recommendations
CLSA On IndusInd Bank
Outperform Call, Target At Rs1,300/Sh
Muted Quarter Given Stress In MFI Industry
PpOP Was Largely In-line While Credit Costs Were 20-25 bps Higher
MFI Slippages Increased Sequentially, While Non-MFI Retail Slippages Were Marginally Better
Silver Lining Here Is That Dec Was Much Better Oct/Nov In Terms Of Early Delinquencies
Overall Loan Growth Was Modest While NIM Contracted Another 15 bps QoQ
HSBC On IndusInd Bank
Buy Call, Target Cut To Rs1,150/Sh
Most Metrics Remain Under Pressure, More Stress Likely To Follow
Value May Only Be Realised In The Medium To Long-term
Cut FY26-27 EPS Estimates 12-16% On Expectations Of Lower Loan Growth
Pressure On Almost All Earnings Metrics, But At 1x FY26 BV, Risk-Reward Ratio Is Favourable
Bernstein on IndusInd Bank
Outperform Call, Target At Rs1,300/Sh
RoA Declining To 1% Along With An EPS Decline Of 40% For 2nd Successive Quarter
Asset Quality Trends Are Still Weak But Worst, At Least For MFI Segment, Appears To Be Over
Given Current Valuation Multiples, A Sign Of Bottoming Out Would Be Seen As A Positive
UBS on IndusInd Bank
Maintain Neutral, Rs1,070 (from Rs1,150)
Miss all around-weaker NIM/Fee income and higher credit costs
Management remains cautious of asset quality
Cut FY25/26 EPS by 10%/13%
CITI on IndusInd Bank
Maintain Buy, TP Rs1,378
NIMs contract and growth moderates
MFI, Corporates drives slippages
Estimate NIMS to be 4.1-4.2%
Portfolio will be more NIM resilient in a rat cut environment
Macquarie on IndusInd Bank
Maintain Outperform, TP Rs1,210
MFI issues-one more quarter to go
Can sustain 1.3-1.4% ROA when MFI situation improves
Believe stock is cheap for a reason
Key risk is lack of any CEO extension by RBI
Nuvama on IndusInd Bank
Maintain Hold, TP at Rs1,115 (from Rs1,290)
Reported a weak Q3FY25 with a miss on NII and core PPOP.
Credit cost was lower than expected as the company used Rs 200cr from contingencies
NIM declined 15bp QoQ to 3.93% due to repricing of EBLR-based corporate loans and dip in MFI loans.
Tractor, small CV and corporate slippage also rose sharply QoQ
Cutting EPS by 22%/27% for FY25E/26E
Jefferies On Bandhan Bk
Buy, Target Cut To Rs185/Sh
Q3 Profit Missed Est On Higher Write-off & One-time Costs That Offset One Time Income
Slippages Were High Will Be Higher In Q4 Before Tapering Off In H1FY26
Loan Growth Will Be Led By Secured Loans That Will Drag NIM But Lead To Lower Volatility
Despite More Conservative Mfi Book, Pressure Drives Us To Cut FY26-27 Profit Est By 6-8%
CLSA on Bandhan Bank
Outperform Call, Tgt At Rs220/Sh
Q3 NII Was In-line, PpOP & Profit A Miss
Slippages Spiked Driven By Microfinance & Co Made Technical Write-off
Management Commented That Collection Efficiency Is Improving
AUM Growth Moderated From 21% To 14% YoY
Macquarie on Bandhan Bank
Maintain Outperform, TP Rs220
PAT miss on all fronts
Slippages increase, higher write off drive higher credit costs
NIMs to remain under pressure, as secured book to drive growth
Believe risk-reward favourable given expectations for growth and ROA trajectories
HSBC On Chola Invst
Buy Call, Target At Rs1,510/Sh
Co Continues To Deliver Higher AUM/EPS Growth
Asset Quality Performance Was A Tad Soft
Despite Elevated Credit Costs For Now, Think Co Can Deliver 25% EPS CAGR Over FY25-27
Increase EPS By 4-6% For FY25-27
Nomura On Marico
Buy Call, Target At Rs800/Sh
Good Performance In Q3, On Way To Becoming Better
Sales Above Estimates; EBITDA In-line
New Price Hikes In Parachute To Support Growth & Margin
Growth Business Sees Strong Growth, On Track To Be Profitable
CLSA on Marico
Maintain Underperform, TP at Rs473 (from Rs483)
Pricing led growth but lower margin
Competitive intensity in commodity categories continues to rise
Main competition seen in oil category
MS on Marico
Maintain Equal Weight, TP Rs625
Q3FY25-INLINE
Management expects commodity price to remain stable in near term
Gradual improvement expected in General Trade
- February 01, 2025 09:55
Stock market live updates today: RailTel Corporation bags work order from defence PSU; shares gain 3.26% on NSE to ₹419.85
RailTel Corporation of India Ltd. has received the work order from a defence PSU for setting up of a DC & DR Center amounting to ₹1,00,32,62,309, and also a work order from Department Of Education Samagra Shiksha for Supply and service amounting to ₹15,98,40,000.
Shares gained 3.26% on the NSE to ₹419.85
- February 01, 2025 09:53
Stock market live updates today: JTL Industries enters new value-added product category; shares up on NSE
JTL Industries announced its entry in a new value-added product category, i.e. Lattice Towers. The company has set up a new plant at Derabassi, Punjab with a production capacity of 1,500 tonnes per month. This Greenfield Project is to be built on a 12-acre piece of land recently acquired by the Company, which will commence operations by H2FY26.
Shares were up 1.49% on the NSE at ₹98.39
- February 01, 2025 09:50
Stock market live updates today: Top gainers, losers on the NSE at 9.30 am
WhatsApp Image 2025-02-01 at 9.31.33 AM.jpeg
- February 01, 2025 09:49
Stock market live updates today: Stocks that will see action today: February 1
Tata Power Renewable Energy, subsidiary of Tata Power, has signed a Memorandum of Understanding with the distribution companies (Discoms) of Rajasthan, including Jaipur Vidyut Vitran Nigam, Ajmer Vidyut Vitran Nigam, and Jodhpur Vidyut Vitran Nigam, to accelerate rooftop solar adoption across Rajasthan. Read more
- February 01, 2025 09:14
Stock market live updates today: Anand James, Chief Market Strategist, Geojit Financial Services
Nifty outlook:
The enthusiastic upmove that has unfolded in the week so far is yet to spread to the broader market with nearly 60% of the Nifty 500 constituents still trading under their respective 20 day SMAs. Nevertheless the both Nifty and Bank Nifty have signalled further uptrend, even though they exhibit different chart patterns. Nifty’s bullish engulfing candle on the weekly charts as well as a two-week high breakout encourage us to look beyond 23480, hitherto assumed to be an end point to the ongoing uptrend, and aim for 23700-840. We would place our downside marker at 23380 for aggressive longs, with preparedness to switch sides only after a few hours’ trade below 23190.
- February 01, 2025 09:13
Stock market live updates today: CESC: CO ACQUIRES 100% STAKE IN CHANDIGARH POWER DISTRIBUTION FOR RUPEES 871 CR TO EXPAND ELECTRICITY RETAIL BUSINESS
- February 01, 2025 08:55
Stock market live updates today: Q3FY25 Important Result Calendar
Saturday, 1 February, 2025 (Today)
Derivative Segment
• Aarti Industries Ltd.
Cash Segment
• Vinati Organics Ltd.
• Anant Raj Ltd.
• GR Infraprojects Ltd.
Monday, 3 February, 2025
Derivative Segment
• Aditya Birla Cap Ltd.
• Tube Investments Ltd.
• Divi’s Lab Ltd.
• HFCL Ltd.
• Power Grid Ltd.
• Tata Chemicals Ltd.
Cash Segment
• Castrol India Ltd.
• Gland Pharma Ltd.
• Garden Reach Ship Ltd.
• Alembic Pharma Ltd.
• K.P.R. Mill Ltd.
• KEC Int Ltd.
• NLC India Ltd.
• General Insurance Ltd
• Poly Medicure Ltd.
Tuesday, 4 February, 2025
Derivative Segment
• Asian Paints Ltd.
• Max Financial Ltd.
• Titan Company Ltd.
• Tata Power Ltd.
• Godrej Properties Ltd.
• Metropolis Ltd.
Cash Segment
• BASF India Ltd.
• Thermax Ltd.
• Global Health Ltd.
• Happiest Minds Ltd.
• Mishra Dhatu Ltd.
• JB Chemicals Ltd.
• Kajaria Ceramics Ltd.
• Lemon Tree Ltd.
• Zydus Wellness Ltd.
• TRIVENI ENGINEERING LTD
• Eris Lifesciences Ltd.
• Torrent Power Ltd.
• Birla Corp Ltd.
• Fine Organic Ltd.
• Whirlpool Ltd.
Wednesday, 5 February, 2025
Derivative Segment
• Cummins India Ltd.
• Page Industries Ltd.
• Info Edge (India) Ltd.
• Zydus Lifesciences Ltd.
• Abbott India Ltd.
• Gujarat Gas Ltd.
Cash Segment
• Kansai Nerolac Ltd.
• Timken India Ltd.
• CCL Products Ltd.
• Welspun Corp Ltd.
Thursday, 6 February, 2025
Derivative Segment
• BSE Ltd.
• Aurobindo Pharma Ltd.
• SBI
• Trent Ltd.
• Hero MotoCorp Ltd.
• Ramco Cements Ltd.
• Bharti Airtel Ltd.
• Britannia Ind Ltd.
• ITC Ltd.
• PI Industries Ltd.
• MRF Ltd.
• PVR Inox Ltd.
• Chambal Fertilisers Ltd.
• NCC Ltd.
Cash Segment
• Motherson Sumi Wiring Ltd.
• Aadhar Housing Ltd.
• Bharat Dynamics Ltd.
• Bharti Hexacom Ltd.
• Bikaji Foods Ltd.
• ZF Commercial Vehicle Ltd.
• KIMS Ltd
• Minda Corp Ltd.
• Prism Johnson Ltd.
Friday, 7 February, 2025
Derivative Segment
• LIC
• Alkem Lab Ltd.
• Oil India Ltd.
Cash Segment
• Akzo Nobel Ltd.
• Chola Fin Hold Ltd.
• Latent View Analytics Ltd.
• Honeywell Auto Ltd.
• 3M India Ltd.
• Action Construction Ltd.
• Firstsource Solutions Ltd.
• AIA Engineering Ltd.
• Fortis Healthcare Ltd.
• Mazagon Dock Ltd.
• Gujarat State Petro Ltd.
• Linde Ltd.
• Shipping Corp Ltd
Saturday, 8 February, 2025
Derivative Segment
NIL
Cash Segment
• Amara Raja E&M Ltd.
Monday, 10 February, 2025
Derivative Segment
• Bata India Ltd.
• Apollo Hosp Ltd.
• Escorts Ltd.
Cash Segment
• CRISIL Ltd.
• Esab Ltd.
• Gillette Ltd.
• Glaxosmithkline Pharma Ltd.
• HBL Engineering Ltd.
• Elgi Equipments Ltd.
• Varroc Engineering Ltd.
• Patanjali Foods Ltd.
Tuesday, 11 February, 2025
Derivative Segment
• Berger Paints Ltd.
• IRCTC Ltd.
• Lupin Ltd.
Cash Segment
• P&G H&H Ltd.
• HEG Ltd.
• Bayer CropScience Ltd.
• Astrazeneca Pharma Ltd.
• RHI Magnesita Ltd.
• NBCC Ltd.
• Tata Investment Ltd.
• Moil Ltd
Wednesday, 12 February, 2025
Derivative Segment
• Muthoot Finance Ltd.
• Ashok Leyland Ltd.
• Bharat Forge Ltd.
• Hindustan Aero Ltd.
• Jubilant Food Ltd.
Cash Segment
• Endurance Tech Ltd.
• P&G Health Ltd.
• Suven Pharma Ltd.
• IFCI Ltd.
• Honasa Consu Ltd.
• Ratnamani Metals Ltd.
Thursday, 13 February, 2025
Derivative Segment
• Hindalco Ind Ltd.
• United Breweries Ltd.
• Deepak Nitrite Ltd.
• Ipca Lab Ltd.
• Manappuram Fin Ltd.
Cash Segment
• Concord Bio Ltd.
• KNR Cons Ltd.
Tuesday, 18 February, 2025
Derivative Segment
• ABB India Ltd.
Cash Segment
NIL
- February 01, 2025 08:54
Stock market live updates today: Budget expectation
Nalin Negi, CEO, BharatPe: “As we gear up for the Union Budget, we are optimistic about the government’s continued focus on promoting digital payments and strengthening financial inclusion. We hope this Budget will aim to address key areas such as easing regulatory frameworks, incentivizing digital adoption, and boosting credit access for MSMEs. Such steps will ensure that fintech remains a catalyst for India’s growth story and pave the way for a truly inclusive economy.”
- February 01, 2025 08:54
Stock market live updates today: Dollar carry unwind finally slowing down after 3-months; India dedicated funds continue to witness outflows: Elara Securities
· Finally, we are seeing some slowdown in Dollar Unwind trade as soon as Trump resumed office. One big leg of carry unwind has already occurred in anticipation after Trump won elections in Oct’24.
· Redemption from EM funds showed 1st sign of slowdown after strong round of outflows for 15-weeks. However, India flows remain under pressure (led by dedicated funds) while slower outflows also continued from China. Barring India and China, Foreign outflows stopped across all major EMs this week.
· India saw foreign redemption of $531mn this week out of which $508mn was from dedicated funds. India has seen a big round of dedicated inflow since 2023, which is finally witnessing pressure. This week’s dedicated outflows were equally strong from ETFs ($225mn) and Long-only funds ($284mn).
· Pressure on India flows from US domiciled funds continued with another outflow of $210m. Outflows from Luxemburg funds expanded to 3-month high of $128mn. Slower redemptions from Japan funds continued for 12th week with outflow of $56mn this week.
· The NAV line of India Dedicated Midcap funds has broken 1-year average level for the 1st time since Mar’22. In 2022, the correction had stopped once it dropped there & we saw a year of sideways move before taking-off. However, in 2015 and 2018 period, it kept on sliding lower resulting in a longer period of pain for Midcap stocks.
· Importantly, the Midcap funds have not seen stronger underperformance over Large cap in the past 3-months of sell-off. This is largely because pressure on India until now is stronger from US domiciled funds which are largely ETF oriented. This curve can start showing bigger damage if we see outflows accelerating from dedicated funds and largely Japan domiciled funds since they have bigger allocation to active funds.
- February 01, 2025 08:53
Stock market live updates today: Economic Survey by Indranil Pan, Chief Economist, YES BANK
“The Economic Survey lays out a growth estimate for FY26 at 6.3-6.8% and indicates that the domestic economy remains steady. By putting out a range, the Economic Survey tends to factor in the many risks that today emanate from the external world – likely Trump policies, deglobalization, geo-fragmentation etc. The immediate task is to strengthen the domestic economy, with the government taking forward policies that can empower the population through education, healthcare, skill development and social infrastructure development, as global policy changes can have its impact on external trade. The survey expects rural economy to rebound and investment activity to pick up. On the other hand, the survey lays adequate stress on how deregulation can foster economic growth, and that employment and skilling are “existential priorities”. These will help India also improve its global competitiveness and help pull in global capital. The survey also makes a point that some thrust sectors in the economy continue to face limitations in producing critical goods at the “scale and quality” needed. Examples provided are the import intensity for manufacturing of E-vehicles and the low production capacity in solar energy sector for some critical components. The government needs to take cognizance of these and the focus of capacity addition needs to shift to these areas too rather than only remaining focused on the roads and railway”
- February 01, 2025 08:52
Stock market live updates today: On GDP projection in economic survey
Prof Vishwanathan Iyer, Professor of Finance at Great Lakes Institute of Management, Chennai
With India’s projected GDP growth of 6.3% to 6.8% in fiscal year 2026, the 2025 budget is important for sustaining economic momentum. An important push toward manufacturing, infrastructure and digital transformation can increase large productivity and large job creation. India’s continued economic growth will depend considerably on planned investments in small and medium-sized enterprises, skill development and AI-driven innovation
Dr. Vikas Prakash , Director - PGPM & Professor, Great Lakes Institute of Management, Gurgaon
The GDP growth rate band of 6.3-6.8% is commendable given the uncertainty surrounding the global business environment. This is in line with various surveys done by Business Channels. The Chief Economic Advisor needs to be given full credit. Deregulation is the main theme of the Economic Survey. It says ‘Get out of the Way’. If we recall the 1991 budget presentation we see it was more of getting out of the way of the business than giving fiscal incentives. This theme comes from the fact that the private sector’s contribution to investment has been lacking. The lack of fiscal room with the government can be compensated by getting out of the way. The economic survey gives a strong message for initiating ‘Ease of Doing Business’ at state levels. Several states have very high stamp duty. It needs to be rationalized. Factory act needs to be reformed. While we have been giving more incentives to MSMEs it has in turn discouraged companies to go beyond MSME status. We need more companies to grow bigger to enjoy economies of scale and bring down the average cost of production. The budget will have to do something to rationalize the incentives to MSMEs and large-scale companies
On Education sector
Dr. Jones, Principal and Head of the Institute of Management, Great Lakes Institute of Management, Gurgaon.
*”Last year’s budget was a mixed bag for higher education. Support for world-class institutions increased by about INR 400 crores, but education access was severely curtailed for the less privileged by the ending of scholarships and student aid programs. Allocation for interest subsidy on student loans was missing. Funding for scholarships for higher education students was also absent. A stagnation in total budgetary allocation fails to compensate for rising inflation. It also affects the expansion of suitable infrastructure.
India spends about 4.5% of the national GDP on education, while developed countries spend anywhere between 6-14%. There is a stark gap there. The UGC’s funding in the 2024-25 budget was reduced by a staggering 61% compared to the immediate previous year. Needless to say, a lot more can be done in the 2025-26 budget for higher education.
In the 2025-26 budget, it is expected that more emphasis will be placed on digital learning, skills development, technical and professional education, and teacher upskilling by greater fund allocations. On the lines of building world-class institutions, it is expected that there will be more thrust on internationalization initiatives and support, as well as developing educator infrastructure. R&D is expected to continue to receive more attention in the new budget.
A nation that educates its citizens has a longer chance of global success.”*
Arti Dawar, Deputy CEO, Shiv Nadar School
“Given the NEP’s targeting a Gross Enrolment Ratio (GER) of 50% by 2035 in higher education, including vocational education and the increased focus on Education 4.0, the education sector continues to aim for a 6% GDP allocation to education. We expect the government to increase collaboration with industry on internships, skill-based training, and investments in technology-driven solutions. The introduction of the PM Vidyalakshmi scheme to provide financial support to meritorious students would improve access to education and help achieve GER targets. Additionally, there is a need to establish a fast-track process for patent applications and grants for educational institutions”
Aditi Nayar, Chief Economist, Head - Research & Outreach, ICRA Limited on CORE DATA
The core sector growth eased slightly to 4.0% in December 2024 from the revised 4.4% in November 2024, with four of the eight constituents witnessing a deterioration in their performance between these months. However, this was largely in line with the average growth of 4.0% seen during October-November 2024.
The YoY growth in cement output decelerated quite sharply to 4.0% in December 2024 from 13.5% in the previous month, led by the dissipation of the favourable base. Among other constituents, the growth in output of coal, refinery products and fertilisers witnessed a modest deceleration between these months.
ICRA expects the IIP growth to moderate somewhat to ~3-5%…
Sourabh Deorah, CEO & Co-Founder, AdvantageClub.ai:
“As Budget 2025 draws closer, we have a great opportunity to create meaningful tax relief for salaried employees especially considering their evolving financial and lifestyle needs. With the cost of living steadily climbing, financial stress has become a major factor affecting job satisfaction and overall productivity. The government can really step up here by offering tax benefits that align with what employees need to thrive today.
For me, one big game-changer could be expanding tax benefits under the new regime. This includes things like gym memberships, therapy, and holistic wellness services. Right now, Section 80D mostly focuses on health insurance, but it’s time for a broader, more forward-thinking…
Spokesperson- Abhishek Dua , CEO & Co-Founder, Showroom B2B
On Manufacturing Industry:
“The upcoming Budget 2025-26 presents an opportunity to enhance India’s industrial capabilities by expanding the Production-Linked Incentive (PLI) scheme. Incorporating high-demand sub-sectors, including retail, India can attract substantial investments and reduce import dependency. Simplifying processes for MSMEs through streamlined applications and performance-linked benchmarks will attract investments, reduce import dependency, and strengthen their role in the value chain.
Additionally, Incentives for local manufacturing and export-focused policies aim to reduce unemployment and boost India’s global competitiveness under “Make in India” and “Atmanirbhar Bharat.” Ta…
On Retail Industry:
Spokesperson: Kashika Malhotra , Head of Business Development, Brandman Retail
“With Indian retail projected to reach $1.8 trillion by 2030, we anticipate that the upcoming budget may address key concerns of the sector. A reduction in the GST rate on footwear from 18% to 12%, corporate tax from 25% to 20%, and customs duty on footwear from 38.5% to 22% could potentially make goods more affordable and boost consumer demand. We also anticipate measures like faceless assessments for GST-related matters to streamline compliance and enhance ease of doing business. These steps, if introduced, could significantly strengthen the retail ecosystem and drive long-term economic growth.”
On AI & Technology
Spokesperson- Sourabh Deorah, CEO & Co-Founder, AdvantageClub.ai
“With India’s AI market poised to reach a remarkable $17 billion by 2027, the upcoming budget has the potential to solidify our position as a global tech challenger. Prioritizing investments in AI research, digital infrastructure, and emerging technologies will be crucial for maintaining this growth trajectory. Simplifying taxes, addressing GST on SaaS platforms, and offering targeted incentives for startups will empower innovation, job creation, and scalability. A balanced focus on infrastructure spending and fiscal discipline will not only sustain economic momentum but also position India as a global hub for AI and technological advancement.”
On Employee Tax Simplifica…
[8:04 am, 1/2/2025] KS BadriNarayanan: On Pharmaceutical Industry:
Spokesperson - Dr. Saurabh Arora, Managing Director, Auriga Research
“The pharmaceutical sector is in anticipation of the new 2025-26 Budget wishful for a range of actions being taken by the state in terms of reengineering the research, development, and innovation connection. The weighted income tax deductions could again be given to research and development since that was considered to be calculated from the present budget, provided that the scope of R&D included points from new drug development to clinical trials. If the government were to consider aiding technology up-gradation in a big company, it might introduce a performance-linked model along the lines of the PLI scheme. ”
On Healthcare Industry:
Spokesperson - Mr Raja S., Founder and Managing Director, Hearzap
“The healthcare sector in India is experiencing tremendous progress, as we look forward to the 2025-2026 budget, it is vital to maintain this momentum by addressing key areas such as rural healthcare infrastructure, digital health adoption, and fostering public-private partnerships. Expanding resources for primary and preventive care, coupled with targeted investments in training and research, will not only bolster the healthcare system but also drive economic growth. India’s ability to deliver affordable and accessible healthcare for its vast population relies on consistent and strategic efforts.”
On Real Estate Industry:
Spokesperson - Vaibhav Khanna, CEO & Co-Founder of Ezstays
“Student housing is emerging as a distinct and promising asset class in Indian real estate. We anticipate measures in the budget to incentivize private and institutional investors to explore this segment, such as tax benefits for REITs focused on student housing. The co-living and student housing sector in India is projected to grow at a CAGR of 17% by 2027, highlighting its potential. Recognizing and supporting this asset class would bridge the gap in quality accommodations and create long-term value for students and investors alike.”
On ESG Industry:
Spokesperson: Mr. Rajesh Patel, Co-founder & CEO of Snowkap
“As India shift towards a greener economy, the upcoming budget holds a great potential to drive sustainability and climate action. A key area of focus should be climate risk management, underpinned by initiatives like RB-CRIS. Additionally, the government should consider policies that encourage businesses to integrate ESG principles deeply into their operations. This not only boosts their resilience but also unlocks significant long-term value and attracts responsible global investors.
By continuing to reduce duties on renewable energy, the government is not only advancing its climate commitments but also encouraging innovation and investment in green technologies aligning with India’s net-zero ambition by 2070.”
On Insurance Industry:
Spokesperson: Deepanker Mahajan CEO and Co-founder, CoverYou
“As we approach the Union Budget 2025, it’s imperative to recognize that the rapid advancement of technology has transformed the healthcare sector, introducing both innovative opportunities and new challenges. Healthcare professionals now face digital threats and increased instances of violence, underscoring the critical need for comprehensive insurance solutions. By enhancing financial literacy and insurance awareness, we can enable healthcare providers to make informed decisions that protect their practices and patients, fostering a culture of proactive risk management
- February 01, 2025 08:47
Stock market live updates today: UBS on Union Budget: Fiscal deficit for FY25 seen at 4.8% vs 4.9% target, capex expected at 3% of GDP, fiscal consolidation to shift towards debt reduction from FY27E.
- February 01, 2025 08:47
Stock market live updates today: Nuvama on Union Budget: Fiscal deficit target of 4.5% for FY26, slowest public spending growth in 3 years, disinvestment push missing, RBI to play a bigger role.
- February 01, 2025 08:47
Stock market live updates today: ICRA on Union Budget: FY26 Budget to focus on capex, jobs, and manufacturing, fiscal deficit target seen at 4.5%, capex target at ₹11T, RBI dividend could be key.
- February 01, 2025 08:40
Stock market live updates today: Budget day: Market to open down, indicates Gift Nifty
Domestic markets are expected to open weak on the special day of trading. Gift Nifty ruling at 23,520 indicates a gap-down opening of about 100 points for Nifty.
The special session indicates that the market will remain volatile as expectation on the Budget have been on the rise from every segment of the economy.
Osho Krishnan, Sr. Analyst, Technical & Derivatives of - Angel One, said: “As we approach the upcoming Budget session and consider the anticipated trade tariffs from the US government, it’s important to acknowledge the current market uncertainty. We expect to gain clearer insights once these events unfold, likely by next week. In the meantime, it’s beneficial to adopt a flexible approach and focus on strategic opportunities rather than making aggressive bets during the special trading session of the Union Budget.” Read more
- February 01, 2025 08:08
Stock market live updates today: JP Morgan on Union Budget: Government will continue to prioritize infra and public investment
- February 01, 2025 08:08
Stock market live updates today: Axis on Union Budget: FY26 Budget to be growth-focused with higher rural spending, infra push, and job creation, fiscal deficit likely below 4.9% in FY25.
- February 01, 2025 08:08
Stock market live updates today: Union Budget 2025: Sectors to Watch
Sectors to Watch: Agriculture, Defense and Energy stocks expected to remain on focus while Technology, Selective Healthcare and Metal stocks expected to remain resistive during the day.
- February 01, 2025 08:07
Stock market live updates today: Key Takeways from the Economic Survey 2024-25: Emkay Global
■ FY26 GDP growth pegged at 6.3%-6.8%: The Economic Survey projects FY26 real GDP growth at 6.3-6.8% (Emkay: 6.3%), with evenly balanced risks. While private investment activity is expected to pick up on the back of higher public capex and improving business expectations, there are risks from global excess capacity in sectors such as steel.
■ India needs an average 8% real GDP growth over the next couple of decades for achieving ‘developed nation’ status by 2047: The Survey estimates that India will need to grow at a real rate of 8% over the next couple of decades to reach ‘developed nation’ status by 2047. It can only do so if the Union and state governments implement reforms toward improving MSME operations. Additionally, the investment rate will need to rise to 35% of GDP from 31% currently.
■ Need to generate ~7.9mn non-farm jobs annually till 2030: As pointed out in last year’s Survey, ~7.9mn non-farm jobs need to be generated annually till 2030 for absorbing the working-age population. Deregulation, labor reforms, reskilling/upskilling, and fair distribution between labor and capital will be key to achieving this outcome.
■ Fair distribution of income between capital and labor imperative for sustaining demand: The Survey states that corporate profits have risen disproportionately post-Covid in comparison to wages, and argues that a fair and reasonable distribution of income between labor and capital is essential for demand to sustain and for supporting corporate revenue and profitability in the medium-to-long-term.
■ Financialization pace continues, but risks abound from faster growth: The continued growth of the financial sector is acknowledged, but the Survey lays out several risks of excessive financialization. In particular, it mentions the risk of ‘over-finance’, per which the financial sector draws away resources and skilled labor from the real economy at lower productivity. It also cautions against the risk of ‘financialization’, per which financial markets dominate policy and macro outcomes, which can lead economic growth being excessively reliant on rising asset prices, thus exacerbating inequality.
■ External sector largely resilient, but work needed on the FDI front: India’s trade performance has been resilient in the context of global dynamics in the past year, while it has ranked high for greenfield project announcements, even as FDI flows have been far lower than last year. The Survey opines that as India runs a CAD, problematic capital flows mean that the level of sustainable CAD is much lower than 2.5-3% earlier. India has two options - to either pull out all stops for attracting FDI (by improving tax certainty and stability), or make existing investments deliver more (by improving efficiency via deregulation and ease of business).
■ Complacency around the ‘low probability-high impact’ scenario of AI hurting employment could be costly for India: The Survey cautions that India’s economy is largely services-oriented, with a significant chunk of its IT workforce in low value-add services. As these roles are particularly vulnerable to automation and replacement, it is imperative that the workforce is reskilled for medium- and high-skilled jobs, even if this is a low probability scenario. With AI being in a nascent stage currently, India has time to upskill its workforce before companies begin using AI on a large scale. Corporates also need to display social responsibility by optimizing AI introduction over a longer horizon, to help in this regard
- February 01, 2025 08:06
Stock market live updates today: Sanjaya Mariwala, President of the IMC Chamber of Commerce and Industry and Executive Chairman & Managing Director of OmniActive Health Technologies:
“The Indian economy has displayed immense resilience in FY 2024-25, with a projected GDP growth of 6.4% in FY25 and 6.3%-6.8% in FY26. In times of global uncertainty and inflation, this growth is a reflection of impactful reforms and a healthy business environment. An increase in capital spending (capex), infrastructure investments, and technological advances also played a significant role in driving this growth and boosted long-term economic prospects for India.
One key driver of this performance has been the government’s deregulation efforts. By simplifying compliance and abolishing bureaucratic obstacles, companies have been empowered, raising investor confidence. The manufacturing and service sectors have benefitted from these reforms, leading to increased capital creation and operational efficiency.
However, inflationary pressures, supply chain vulnerabilities, and over-reliance on imported components pose risks. As global trade slows, India must focus on driving consumption at home and fortifying domestic value chains. Additionally, investing in workforce development and skilling will be imperative for long-term growth.
Looking ahead, maintaining a reform-oriented approach and fostering collaboration between government and industry will be essential. India can chart a path towards sustained and inclusive growth, by continuing to simplify regulatory frameworks, sustaining tax reforms, and nurturing innovation, aligning with its ambition of becoming a developed economy by 2047.”
- February 01, 2025 08:05
Stock market live updates today: Economic Calendar – 01.02.2025
TENT INDIA January Auto Sales
11:00 INDIA Union Budget FY2025-26
- February 01, 2025 08:04
Stock market live updates today: Q3FY25 EARNING CALENDAR 01.02.2025
AARTIIND, ANANTRAJ, GANECOS, GRINFRA, JPPOWER, NEOGEN, VINATIORGA, WINDMACHIN
AARTIIND YoY
* Revenue expected at Rs 1742 crore versus Rs 1732 crore
* EBITDA expected to be seen at Rs 233 crore versus Rs 260 crore
* EBITDA margin expected to be seen at 13.38% versus 15.01%
* Net profit expected to be seen at Rs 52 crore versus Rs 124 crore
VINATIORGA YoY
* Revenue expected at Rs 564 crore versus Rs 448 crore
* EBITDA expected to be seen at Rs 137 crore versus Rs 114 crore
* EBITDA margin expected to be seen at 24.29% versus 25.60%
* Net profit expected to be seen at Rs 94 crore versus Rs 77 crore
Q3FY25 EARNING CALENDAR 03.02.2025
ABCAPITAL, APLLTD, BAJAJST, BANARISUG, BOMDYEING, CASTROLIND, DHANUKA, DIVISLAB, DOMS, DREDGECORP, GATEWAY, GICRE, GLAND, GRSE, HFCL, INDRAMEDCO, JYOTISTRUC, KABRAEXTRU, KEC, KPRMILL, KSL, MANINFRA, MMFL, NLCINDIA, PARADEEP, POLYMED, POWERGRID, PREMIERENE, RELIGARE, SAKSOFT, SHALBY, SHANKARA, SKYGOLD, STOVEKRAFT, TAJGVK, TATACHEM, THOMASCOOK, VPRPL, WELENT
DIVISLAB YoY
* Revenue expected at Rs 2333 crore versus Rs 1855 crore
* EBITDA expected to be seen at Rs 700 crore versus Rs 489 crore
* EBITDA margin expected to be seen at 30.00% versus 26.36%
* Net profit expected to be seen at Rs 492 crore versus Rs 358 crore
GRSE YoY
* Revenue expected at Rs 1302 crore versus Rs 923 crore
* EBITDA expected to be seen at Rs 75 crore versus Rs 48 crore
* EBITDA margin expected to be seen at 5.76% versus 5.27%
* Net profit expected to be seen at Rs 105 crore versus Rs 88 crore
POWERGRID YoY
* Revenue expected at Rs 12117 crore versus Rs 11549 crore
* EBITDA expected to be seen at Rs 10582 crore versus Rs 10212 crore
* EBITDA margin expected to be seen at 87.33% versus 88.42%
* Net profit expected to be seen at Rs 4048 crore versus Rs 4028 crore
TATACHEM YoY
* Revenue expected at Rs 3821 crore versus Rs 3730 crore
* EBITDA expected to be seen at Rs 568 crore versus Rs 542 crore
* EBITDA margin expected to be seen at 14.87% versus 14.53%
* Net profit expected to be seen at Rs 166 crore versus Rs 158 crore
- February 01, 2025 08:03
Stock market live updates today: TRUMP on tariffs
NEW COUNTRY AND SECTOR TARIFFS ARE CUMULATIVE.
ALL FEDERAL EMPLOYEES ARE REPLACEABLE.
I’M NOT CONCERNED ABOUT MARKET REACTIONS TO TARIFFS.
TARIFF COSTS ARE SOMETIMES PASSED ALONG TO CONSUMERS.
WE ARE GOING TO TAKE BACK PANAMA CANAL.
- February 01, 2025 07:53
Stock market live updates today: Trump on imposition of tariffs
NEW COUNTRY AND SECTOR TARIFFS ARE CUMULATIVE.
ALL FEDERAL EMPLOYEES ARE REPLACEABLE.
I’M NOT CONCERNED ABOUT MARKET REACTIONS TO TARIFFS.
TARIFF COSTS ARE SOMETIMES PASSED ALONG TO CONSUMERS.
WE ARE GOING TO TAKE BACK PANAMA CANAL.
- February 01, 2025 07:52
Stock market live updates today: Trump on tariffs with EU
WE’LL BE DOING SOMETHING VERY SUBSTANTIAL ON TARIFFS WITH EUROPEAN UNION.
TARIFFS MAY CAUSE SHORT-TERM DISRUPTION..
WILL SPEAK TO PUTIN AND THINK WE’LL PERHAPS DO SOMETHING SIGNIFICANT.
I’M BRINGING TOMORROW’S TARIFFS DOWN TO 10% ON CANADIAN OIL.
STEEL, ALUMINIUM AND COPPER TARIFFS COMING THIS MONTH [FEB] OR NEXT [MAR].
I WANT TO BRING PHARMACEUTICALS BACK TO AMERICA WITH TARIFFS.
WE WILL EVENTUALLY PUT TARIFFS ON CHIPS.
NOTHING CAN BE DONE BY CHINA, MEXICO AND CANADA RIGHT NOW TO FORESTALL TARIFFS.
- February 01, 2025 07:51
Stock market live updates today: White House: TRUMP WILL RESPOND TO TRUDEAU’S COMMENTS IN DUE TIME. NOT SEEING START OF TRADE WAR WITH CANADA.
- February 01, 2025 07:49
Stock market live updates today: Statement from WHITE HOUSE:
THERE IS NO UPDATE ON EXEMPTIONS.THE REUTERS REPORT ON TARIFFS ARE FALSE.
LEAVITT REITERATES FEBRUARY 1ST DEADLINE FOR CANADA, CHINA AND MEXICO TARIFF.
CANADA, MEXICO TARIFF AT 25%, CHINA AT 10%.
- February 01, 2025 07:48
Stock market live updates today: Trump expected to issue tariffs against Canada & Mexico beginning on March 1 – RTRS Sources
- Trump Expected To Announce Process For Countries To Seek Exemptions For Certain Imports
- Admin. Official Says Trump Reviewing Details Of Tariff Plans, May Allow Some Exemptions But They Will Be ‘Few And Far Between’
- February 01, 2025 07:47
Stock market live updates today: JPMORGAN ON MEXICO: ESTIMATES 11.8% DROP IN MEXICAN PESO IF U.S. PUTS 25% TARIFFS ON MEXICO ON SATURDAY; SAYS “BASE CASE” IS FOR TARIFFS TO BE POSTPONED
- February 01, 2025 06:43
Stock market live updates today: Today’s Stock Recommendation: February 01, 2025
