Stock Market Closing Highlights: Sensex rings-in 2025 with 368 pts gain; Nifty ends atop 23,742
Markets Today Highlights:Broader markets also mirrored the benchmarks to settle higher, with Nifty Midcap100 and Nifty Smallcap100 ending with gains of 0.44 per cent and 1.02 per cent respectively
Stock Market Highlights, Wednesday, January 1, 2025: Benchmark equity indices, BSE Sensex and NSE Nifty50, ended the current year's first trading session on a higher note. The 30-share Sensex added 368.40 points, or 0.47 per cent, to settle at 78,507.41 on Wednesday. The index traded in the range of 78,756.49 - 77,898.30 today.
Similarly, NSE Nifty50 settled at 23,742.90, up 98.10 points, or 0.41 per cent, from its previous close. Nifty50 was seen at the day's high of 23,822.80, while the day's low was 23,562.80.
As many as 37 out of 50 constituent stocks of Nifty50 ended in the green, with the gains led by Maruti Suzuki India, Mahindra & Mahindra, Bajaj Finance, Larsen & Toubro, and Tata Motors, with gains of up to 3.01 per cent. Conversely, Dr Reddy's Labs, Hindalco, Adani Ports, ONGC, and Tata Steel were among 13 constituent stocks of Nifty50 that ended in the red with losses extending up to 1.40 per cent.
Broader markets also mirrored the benchmarks to settle higher, with Nifty Midcap100 and Nifty Smallcap100 ending with gains of 0.44 per cent and 1.02 per cent respectively.
All the sectoral indices on the NSE also ended in green, barring Nifty Realty and Pharma. Auto shares outperformed others, with Nifty Auto index ending higher by 1.34 per cent.
3:53 PM
Stock Market Highlights LIVE Updates: Market experienced broad-based recovery
The market started on a positive note on the first day of 2025. The recovery was broad-based, while the sustainability of the trend will depend on the earnings growth in Q3, where the expectation is positive on a QoQ basis. An uptick in core sector data and prospect of ramp-up in capex spending by the government in the remaining part of the fiscal aided sectors like capital goods, industrials, auto, and power.
(View by: Vinod Nair, Head of Research, Geojit Financial Services.)
(View by: Vinod Nair, Head of Research, Geojit Financial Services.)
3:48 PM
Stock Market Highlights LIVE Updates: Nifty Auto, Financials, Bank lead among sectors
Nifty Auto, Financials, and Banking stocks led among sectors.
3:45 PM
Stock Market Highlights LIVE Updates: Broader indices outperform, SmallCap index rises 1%
The BSE SmallCap index soared 1.03 per cent, while the BSE MidCap index surged 0.50 per cent.
3:41 PM
Stock Market Highlights LIVE Updates: Hindalco, Dr Reddy Labs, Adani Ports lead on NSE
Hindalco, Dr Reddy Labs, and Adani Ports were the top gainers on NSE.
3:37 PM
Stock Market Highlights LIVE Updates: Heatmap check
23 out of 30 stocks end in green on the BSE Sensex, with Maruti, M&M and L&T as the top gainers.
3:35 PM
Stock Market Highlights LIVE Updates: Nifty50 closes above 23,700 level
Nifty50 closed at 23,742 level, up 98 points 0.41 per cent.
3:33 PM
Stock Market Highlights LIVE Updates: Sensex ends over 350 pts higher
The BSE Sensex closed 368 points or 0.47 per cent higher at 78,507 level.
3:14 PM
Stock Market LIVE Updates: Suzlon, RInfra, GMR Power, Sequent among 317 stocks locked at upper circuit
Shares of Suzlon Energy, Reliance Infrastructure (RInfra), GMR Power & Urban Infra, Sequent Scientific and Reliance Power were among a total of 317 stocks locked at their respective upper circuits on the BSE in Wednesday’s intra-day trade.
63 Moons Technologies, Shilchar Technologies, Mercury Ev-Tech, Axiscades Technologies, JSW Holdings, Indo Tech Transformers, Zaggle Prepaid Ocean Services, Motisons Jewellers, Sunflag Iron & Steel Company, EPACK Durable and Coffee Day Enterprises from the BSE Smallcap index were locked at the 5 per cent upper circuit, the exchange data shows. Read more
3:01 PM
At 3 PM, the BSE Sensex was higher by 357.47 points, or 0.46 per cent, at 78,496.48, while the Nifty50 was at 23,742.30, ahead by 97.50 points, or 0.41 per cent.
Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade higher
Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and NSE Nifty50 were trading higher on Wednesday, amid muted global cues.
At 3 PM, the BSE Sensex was higher by 357.47 points, or 0.46 per cent, at 78,496.48, while the Nifty50 was at 23,742.30, ahead by 97.50 points, or 0.41 per cent.
2:58 PM
THe company, in an exchange filing, said, "This repayment will bolster Sasan Power’s debt coverage metrics, improve liquidity, and enhance its credit rating".
Stock Market LIVE Updates: Reliance Power arm Sasan Power repays $150 million debt to IIFCL, UK
Stock Market LIVE Updates: Reliance Power today informed that its subsidiary, Sasan Power has made a bullet payment of $150 million to IIFCL, UK, fulfilling its debt obligation on December 31, 2024.
THe company, in an exchange filing, said, "This repayment will bolster Sasan Power’s debt coverage metrics, improve liquidity, and enhance its credit rating".
2:55 PM
The rally in Tanla Platforms share price was supported by heavy volumes. Till the time of writing this report, 8.24 million shares had cumulatively changed hands on the NSE and the BSE.
Stock Market LIVE Updates: Buzzing Stock: Tanla Platforms share price up 11.5% today on heavy volume
Stock Market LIVE Updates: Tanla Platforms share price today soared as much as 11.5 per cent to Rs 750 per share on the National Stock Exchange (NSE). At 1:40 PM, Tanla shares were trading near day’s high on the NSE as against a 0.4 per cent rise in the Nifty today.
The rally in Tanla Platforms share price was supported by heavy volumes. Till the time of writing this report, 8.24 million shares had cumulatively changed hands on the NSE and the BSE.
Tanla Platforms is a mid-cap technology company, providing end-to-end solutions to customers in the telecom infrastructure, telecom services (products and custom development), offshore software development, and maintenance sectors. READ MORE
2:47 PM
Meanwhile, the benchmark indices too overcame the initial volatility and were seen trading on a firm note in noon deals. The BSE Sensex recovered from a low of 77,898, and was up 260 points at 78,400 levels. The NSE Nifty 50 index was seen testing the 23,700 levels.
Stock Market LIVE Updates: New Year, New Highs - How to trade in Muthoot Finance, Kaynes Tech, Praj?
Stock Market LIVE Updates: These 8 stocks, from the NSE 500 basket, have ringed in the New Year 2025 on an upbeat note hitting a new high on the first trading day of the year. Kaynes Technology, Praj Industries, Muthoot Finance, Blue Star Company, IPCA Labs, Coromandel Fertilisers, Lloyds Metals and Radico Khaitan are the 8 stocks.
Meanwhile, the benchmark indices too overcame the initial volatility and were seen trading on a firm note in noon deals. The BSE Sensex recovered from a low of 77,898, and was up 260 points at 78,400 levels. The NSE Nifty 50 index was seen testing the 23,700 levels.
Against this backdrop, here's a trading strategy on select stocks trading at new life-time highs this New Year 2025. READ MORE
2:45 PM
The company, while informing in an exchange filing that the basic price of Rs 2,05,000 has been continued for the month of January 2025, said that the prices of all Ferro grades of manganese ore with Manganese content of Mn- 44% and above have been increased by 1%; the prices of all other Ferro grades of manganese ore with Manganese content below Mn-44% have been increased by 5%; the prices of all SMGR (Mn-30%, Mn-25% & Mn20%) and Fines grades have been increased by 5%; the prices of certain grades of SMGR such as SMGR SMH, CHS578, CHL442, TDL499 & GML464 prevailing since 01.12.2024 have been continued; the prices of all Chemical grades have been increased by 7.5%.
Stock Market LIVE Updates: MOIL increases prices of Manganese ore grades by 1 per cent to 7.5 per cent
Stock Market LIVE Updates: MOIL today informed that it has raised prices by 1 per cent to 7.5 per cent for different grades of Manganese ore for the month of January 2025.
The company, while informing in an exchange filing that the basic price of Rs 2,05,000 has been continued for the month of January 2025, said that the prices of all Ferro grades of manganese ore with Manganese content of Mn- 44% and above have been increased by 1%; the prices of all other Ferro grades of manganese ore with Manganese content below Mn-44% have been increased by 5%; the prices of all SMGR (Mn-30%, Mn-25% & Mn20%) and Fines grades have been increased by 5%; the prices of certain grades of SMGR such as SMGR SMH, CHS578, CHL442, TDL499 & GML464 prevailing since 01.12.2024 have been continued; the prices of all Chemical grades have been increased by 7.5%.
2:36 PM
The company, in an exchange filing, said, "We submit herewith the intimation under regulation 30 of SEBI (Listing Obligation and Disclosure Requirements), Regulation, 2015 that company has opened 4 New Showrooms/ Shops at different location in India during the month of December 2024.Now total number of Showrooms/ Shops of the Company stands at 578".
Stock Market LIVE Updates: Cantabil Retail India opens 4 new stores, taking total count to 578
Stock Market LIVE Updates: Cantabil Retail India today informed that it has opened four new showrooms/stores at different locations in India in the month of December 2024, taking its total number of stores to 578.
The company, in an exchange filing, said, "We submit herewith the intimation under regulation 30 of SEBI (Listing Obligation and Disclosure Requirements), Regulation, 2015 that company has opened 4 New Showrooms/ Shops at different location in India during the month of December 2024.Now total number of Showrooms/ Shops of the Company stands at 578".
2:31 PM
Stock Market LIVE Updates: Muthoot Finance hits new high; up 22% within 2 months on strong Q2 results
Stock Market LIVE Updates: Shares of Muthoot Finance, India’s largest gold financing company in terms of loan portfolio, hit a new high of Rs 2,177.45, climbing 2 per cent on the BSE in Wednesday’s intra-day trade on expectations of strong earnings growth. The stock of the non-banking finance company is quoting higher for the fifth straight trading day, having rallied 7 per cent during the period. Since April, thus far in the financial year 2024-25, Muthoot Finance share price has zoomed 68 per cent.
Within two months, since November 18, the market price of Muthoot Finance has soared 22 per cent after the company revised its gold loan growth guidance for FY25 higher to 25 per cent, from its earlier guidance of 15 per cent. READ MORE
Topics : MARKET WRAP MARKET LIVE Markets Sensex Nifty BSE Sensex Nifty50 NSE Nifty Buzzing stocks share market Share price Indian markets Indian equity market Indian stock market
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First Published: Jan 01 2025 | 7:39 AM IST