Real-time Stock Market updates for Tuesday, January 14, 2025

Indian benchmark indices BSE Sensex and Nifty50 traded higher on Tuesday, supported by mixed global cues.

Sensex climbs 250 pts to 76,550; Nifty at 23,170; BSE Mid, Smallcap up 1%

Market Overview at Midday
The BSE Sensex rose by 315.36 points (0.41%) to 76,645.37, while the Nifty50 climbed 105.20 points (0.46%) to 23,191.

Among Sensex constituents, 22 out of 30 stocks recorded gains. Zomato led the charge with a 3.50% increase, followed by strong performances from Tata Motors, IndusInd Bank, NTPC, and Adani Ports & SEZ. On the downside, HCLTech was the biggest laggard, shedding 9.35%, followed by declines in Tech Mahindra, Infosys, TCS, and Hindustan Unilever.

For Nifty50, 35 stocks advanced, with Adani Enterprises topping the list with a 3.51% gain. Other top performers included Tata Motors, IndusInd Bank, NTPC, and Adani Ports. However, IT heavyweights such as HCLTech (-9.34%), Tech Mahindra, Wipro, Infosys, and TCS were among the notable losers.

Sectoral Performance

The IT sector faced steep losses, declining 2.11%, followed by a 0.50% drop in the FMCG index.
On the other hand, the Metal index emerged as the top performer, surging 2.75%, while the PSU Bank index gained 2.26%.
Other sectors, including Auto, Bank, Financial Services, Media, Private Bank, and Oil, also recorded gains exceeding 1% each.

Broader Market Gains
The broader market indices also showed strength:

The Nifty Midcap 100 advanced 1.48%.
The Nifty Smallcap 100 gained 0.98%.
Global Market Sentiment
Despite lingering concerns over sticky inflation and the likelihood of a delayed rate-easing cycle by the US Federal Reserve, Wall Street closed on a mixed note. A robust US economy, coupled with rising dollar strength and Treasury yields, continued to weigh on global sentiment.

Disclaimer:
The records furnished in this article are for informational functions and do not represent financial or investment recommendations. Market investments are a problem with risks, which include a lack of fundamentals. Please talk with a certified economic consultant earlier than making any funding choices. Neither the writer nor the platform is liable for any losses incurred based on the facts offered.