Indian Markets Ended Higher for The Second Consecutive Session on January 15, supported by gains in heavyweights like Reliance Industries, SBI, and Kotak Mahindra Bank. Broader indices also saw healthy buying interest after last week’s corrections.
The Indian stock market displayed a mixed performance on 15 January 2025. The NIFTY 50 closed marginally higher at 23,213.20, up by 37.15 points (0.16%), while the SENSEX ended at 76,724.08, gaining 224.45 points (0.29%). The NIFTY BANK index edged up slightly by 22.55 points (0.05%) to close at 48,751.70. Meanwhile, the NIFTY IT outperformed with a notable increase of 340.10 points (0.79%), settling at 43,401.25. The BSE SmallCap index also showed strength, rising by 176.92 points (0.34%) to close at 51,573.11.
The top gainers included Trent, which surged by 3.72%, followed by NTPC (3.53%), Power Grid Corp (2.89%), Kotak Mahindra (2.23%), and Maruti Suzuki (1.76%). On the other hand, the top losers were led by M&M, which dropped 2.93%, along with Bajaj Finserv (-2.44%), Axis Bank (-2.36%), Bajaj Finance (-2.15%), and Shriram Finance (-2.00%).
Foreign Institutional Investors (FIIs) continued to be net sellers, with an outflow of ₹4,533.49 crores, while Domestic Institutional Investors (DIIs) remained net buyers with an inflow of ₹3,682.54 crores.
Overview of Contents
Stock Market Index Performance
| Index | Price | Change | % Change |
|---|---|---|---|
| NIFTY 50 | 23,213.20 | 37.15 | 0.16% |
| SENSEX | 76,724.08 | 224.45 | 0.29% |
| NIFTY BANK | 48,751.70 | 22.55 | 0.05% |
| NIFTY IT | 43,401.25 | 340.10 | 0.79% |
| BSE SmallCap | 51,573.11 | 176.92 | 0.34% |
Top Gainers
| Company | Current Price | % Gain |
|---|---|---|
| Trent | ₹6,390.25 | 3.72% |
| NTPC | ₹321.35 | 3.53% |
| Power Grid Corp | ₹298.65 | 2.89% |
| Kotak Mahindra | ₹1,789.60 | 2.23% |
| Maruti Suzuki | ₹11,947.40 | 1.76% |
Top Losers
| Company | Current Price | % Loss |
|---|---|---|
| M&M | ₹2,960.25 | -2.93% |
| Bajaj Finserv | ₹1,671.65 | -2.44% |
| Axis Bank | ₹1,026.80 | -2.36% |
| Bajaj Finance | ₹7,177.40 | -2.15% |
| Shriram Finance | ₹533.20 | -2.00% |
FIIs/DIIs Data
| Category | Date | Buy Value (₹ Crores) | Sell Value (₹ Crores) | Net Value (₹ Crores) |
|---|---|---|---|---|
| DII | 15-Jan-2025 | 14,429.64 | 10,747.10 | 3,682.54 |
| FII/FPI | 15-Jan-2025 | 11,035.43 | 15,568.92 | -4,533.49 |
Expert Market Insights
- Nifty 50 is trading near critical resistance levels of 23,270–23,300, with support at 23,047. A break above could lead to 23,500, while falling below support might test 22,800 levels.
- Sentiments remain positive above the 23,000 mark, with analysts recommending a buy-on-dips strategy.
HDFC Life Q3 Results: 15% PAT Growth
HDFC Life posted a consolidated net profit of ₹421.31 crore for Q3FY25, a 15% YoY increase driven by a 24% rise in individual APE.
- Net Premium Income: ₹16,832 crore (+10% YoY)
- AUM: ₹3.3 lakh crore (+18% YoY)
- Solvency Ratio: 188%
L&T Tech Q3 Results: Large Deal Wins
L&T Technology Services reported a 4% YoY decline in net profit to ₹322 crore for Q3FY25.
- Revenue: ₹2,653 crore (+9% YoY)
- Large Deals: Eight deals, including a $50 million deal.
- FY25 Guidance: 10% revenue growth in constant currency.
Key Economic Factors
- Concerns persist over inflation and global uncertainties.
- FPIs pulled ₹8,132 crore from Indian equities amid Fed rate speculation and US Dollar strength.
Conclusion
Indian markets demonstrated resilience by ending higher for the second straight session, buoyed by key heavyweights and a recovery in broader indices. However, global headwinds, including inflation concerns, FPI outflows, and uncertainty over US Federal Reserve policies, continue to pose challenges.
With the Union Budget 2025 on the horizon, investors are keenly anticipating measures to balance growth and fiscal discipline. In the short term, technical indicators suggest cautious optimism, favoring a buy-on-dips approach. As earnings season unfolds, market sentiment will likely hinge on corporate results and macroeconomic cues, shaping the trajectory of the indices in the coming weeks