Stock Market Kerala
January 29, 2025 at 12:16 PM
POST MARKET REPORT The Indian stock market witnessed broad-based buying on Wednesday (January 29), with the Nifty reclaiming the 23,100 mark and the Sensex closing above 76,500. The Sensex gained 632 points to end at 76,533, while the Nifty rose 206 points to close at 23,163. The Nifty Bank index advanced 299 points to 49,166, while the Midcap index outperformed with a 1,189-point jump to 52,719, reflecting strong investor appetite for mid-sized stocks. Bajaj Auto and TVS Motor were among the major gainers, while Maruti Suzuki closed with minor losses despite reporting earnings in line with estimates. KPIT Technologies surged up to 10% after raising its FY25 margin guidance. IT stocks saw buying interest, tracking gains in the Nasdaq, with Wipro and Infosys among the top gainers. Insurance stocks also posted healthy gains, with SBI Life and HDFC Life rising 3% each. Tata Motors gained more than 3% ahead of its quarterly results.. Maruti Reports Earnings In-line With Ests, Stock Closes With Minor Cuts KPIT Tech Raises Its FY25 Margin Guidance, Stock Rises Up To 10% IT Stocks See Buying Tracking Nasdaq Move, Wipro, Infosys Top Gainers Insurance Stocks Closes With Healthy Gains, SBI Life & HDFC Life Up 3% Each Tata Motors Ends Higher Ahead Of Its Quarterly Results, Up More Than 3% Ambuja Cements Reports A Mixed Set of Results, Stock Ends 4% Lower JSW Energy & Bosch React Negatively To Q3 Results, Down 7% & 5% Respectively CG Power Surges On Strong Order Backlog & Inflows, Up 9% Deepak fertilizer Posts A Strong Set Of Results In Q4, Stock Ends 17% Higher CAMS Reacts Positively To Earnings, Closes With A Gain Of 6%
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