Stock Market Analysis 9th January 2025 [Post-Market Update]

The Indian stock market experienced a downtrend today, with major indices closing in the red. The NIFTY 50 dropped by 162.45 points (-0.69%) to close at 23,526.50, while the SENSEX declined by 528.28 points (-0.68%) to end at 77,620.21. Similarly, NIFTY BANK and NIFTY IT fell by 0.67% and 1.16%, respectively. The BSE Smallcap index also registered a significant drop of 1.17%.

Stock market analysis 9th jan 2025

Index Performances

IndexPrice (₹)Change (₹)% Change
NIFTY 5023,526.50-162.45-0.69%
SENSEX77,620.21-528.28-0.68%
NIFTY BANK49,503.50-331.55-0.67%
NIFTY IT43,126.45-507.80-1.16%
BSE SMALLCAP54,021.00-640.63-1.17%

Top Gainers

CompanyCurrent Price (₹)% Gain
Bajaj Auto8,835.852.24%
Nestle2,256.051.63%
HUL2,435.401.43%
Britannia4,926.301.37%
M&M3,126.501.31%

Top Losers

CompanyCurrent Price (₹)% Loss
Shriram Finance2,809.85-3.07%
ONGC263.18-3.00%
BPCL280.00-2.37%
Coal India372.20-2.14%
Tata Steel129.93-2.04%

52-Week High Stocks

CompanyCurrent Price (₹)52-Week High (₹)
SRF2,697.702,673.90
Navin Fluorine4,017.103,824.55
PTC Industries17,900.0017,392.15
Vijaya Diagnostic1,264.751,221.30

52-Week Low Stocks

CompanyDay’s Low (₹)Current Price (₹)
Network 1866.0066.61
Bandhan Bank148.50148.91
Sun Pharma Adv188.05189.45
Mahindra Life444.00445.15
Yes Bank18.4518.49

Q3 Results Summary for Major Companies

TCS Q3 Results

Tata Consultancy Services (TCS) reported a net profit of ₹12,380 crore, up 12% YoY, with revenue at ₹63,973 crore, reflecting a 5.6% growth. The company announced a ₹10 interim dividend and ₹66 special dividend per share.

GTPL Hathway Q3 Results

GTPL Hathway shares surged 17% ahead of its December quarter results. In Q2, net profit dropped 61.8% YoY to ₹13.7 crore, while revenue grew 9.8% to ₹856 crore. The company plans to launch a ₹100 crore Headend in the Sky (HITS) service in FY26, capable of delivering up to 900 TV channels.

IREDA Q3 Results

Indian Renewable Energy Development Agency (IREDA) sanctioned loans worth ₹31,087 crore in Q3FY25, up 129% YoY. Loan disbursements rose 41% to ₹17,236 crore, while the loan book grew 36% to ₹69,000 crore. The PSU stock has delivered 116% returns in a year.

Tata Elxsi Q3 Results

Tata Elxsi reported a 3.6% YoY decline in net profit to ₹199 crore, with revenue rising 2.7% to ₹939.17 crore. Sequentially, net profit declined 13.3%. The EBITDA margin fell to 24.2%, attributed to geopolitical uncertainties and industry challenges in Europe and the US.

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