Disclaimer

The stock market is subject to significant volatility and inherent risks. Investing in stocks involves potential losses and is not guaranteed to generate profits. Prices of stocks can fluctuate unpredictably. We do not give you any buy/sell tips. This article is for Educational purposes only.

Indian Indices

I) Nifty: opened at 23296 and touched a high of 23546, then a low of 23277, and closed at 23508 with a total of +258 points in Positive.

II) Bank Nifty: opened at 49259 and touched a high of 49674, then a low of 49031, and closed at 49587 with a total of +275 points Positive.

III) CNX Finance: opened at 23122 and touched a high of 23267, then a low of 23031, and closed at 23220, with a total of +86 points in Positive.

IV) Nifty Mid Select: open 11804 and touched a high of 11965, then a low of 11761 and closed at 11930, With a total of +135 points in Positive.

NSE Advance and Decline

Nifty 500 Top Gainer Market

1. Kalyan Jewellers:- The management said that the demand trend continues to remain strong despite the recent run-up in gold prices. The company expects to add 30 Kalyan stores in India during the fourth quarter of FY25, and 90 stores in FY26, with Letters of Intent (LOIs) already signed for expansions planned until the first half of FY26.

2. Jupiter Wagons:- Jupiter Wagons reported a consolidated PAT of Rs 96.4 crore for Q3FY25, driven by higher revenue and improved margins. Revenue from operations grew 15% YoY to Rs 1,029.8 crore, while total income rose 16% YoY to Rs 1,044.7 crore for the quarter ended December 2024.

Nifty 500 TOP LOSER Market

1. Whirlpool:- Although Whirlpool India shares have been on a downtrend for five consecutive days, most of the losses occurred in the previous session when the stock was locked at a 20 per cent lower circuit.

2. Vedant Fashions:- Vedant Fashions experienced a decline on January 30, 2025, reversing a brief period of gains. After opening higher, the stock fell significantly during the trading session. Over the past month, it has underperformed its sector and is trading below multiple moving averages, indicating a bearish trend.

Sectoral Performance

Outperforming stocks vs. nifty 500 over 1 week

Underperforming Stock vs Nifty 500 over 1 week

Stock With Rising Volume

Headlines

• L&T Leads Market Rally Ahead of Budget Announcement Larsen & Toubro (L&T) spearheaded gains in India's benchmark indices, surging 4.3% due to record-high order levels driven by its robust international business. The Nifty 50 rose by 0.63%, and the BSE Sensex climbed 0.53%, marking a fourth consecutive session of gains. reuters.com
• Dr. Reddy's Laboratories Outperforms Competitors Dr. Reddy's Laboratories Ltd. saw its shares rise by 1.90% to ₹1,217.60, outperforming competitors like Lupin Ltd. and Zydus Lifesciences Ltd. Despite this gain, the stock remains 14.27% below its 52-week high of ₹1,420.20, recorded on August 21. marketwatch.com
• NTPC Sees Modest Gains, Lags Behind MarketNTPC Ltd. shares increased by 0.36% to ₹324.25, underperforming the broader market. The stock remains significantly below its 52-week high of ₹448.30, achieved on September 30. In contrast, competitors like Tata Power Co. Ltd. saw a notable increase of 3.51% to ₹364.50. marketwatch.com
• Nestle India Shares Surge on Positive Q3 ResultsNestle India’s shares zoomed over 6% after announcing a 5% year-over-year increase in profit after tax to ₹688.01 crore and declaring an interim dividend of ₹14.25 per share. m.economictimes.com
• Vedanta Reports 76% YoY Increase in Q3 ProfitVedanta Ltd. reported a 76% year-over-year increase in profit after tax for the third quarter, contributing to positive market sentiment. m.economictimes.com

Overall, the market exhibited optimism ahead of the federal budget announcement, with significant movements in key stocks contributing to the day's performance.

Read Our Last Blog

Our YouTube Channel