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Torrent Pharmaceuticals Ltd.(up 1.67 per cent), Aurobindo Pharma Ltd.(up 1.22 per cent), Abbott India Ltd.(up 0.67 per cent), Glenmark Pharmaceuticals Ltd.(up 0.28 per cent) and Laurus Labs Ltd.(up 0.01 per cent) were among the top gainers.

Swiggy shares continued to fall for the fourth consecutive day on Friday as investors continued to sell the stock after the company's Q3 EBITDA losses were higher than Street estimates. During the day, Swiggy stock fell up to 2.5% to Rs 379.20 on BSE. Macquarie is the biggest bear on the stock right now with the target price going as low as Rs 325. The stock had fallen below its IPO issue price of Rs 390 in the previous session before ending the day with 7% downside. Despite revenue jump of 31% year-on-year (YoY), Swiggy's Q3 loss widened to Rs 799 crore.

Au Small Finance Bank Ltd.(up 0.95 per cent), HDFC Bank Ltd.(up 0.91 per cent), Federal Bank Ltd.(up 0.15 per cent), IndusInd Bank Ltd.(up 0.08 per cent) and Kotak Mahindra Bank Ltd.(up 0.06 per cent) were among the top gainers.

Sunil Koul, Emerging Market Equity Strategist, Goldman Sachs, says gone are those days wherein you saw 30% plus capex spending during the last three-four years and then the capex spending going forward will be more in line with nominal GDP, which is what we have been seeing in the last couple of years, sort of 10-11% in that sense. At a very aggregate level, we would see some outperformance from the consumption cohorts compared to the capex-sensitive sectors. Sectors like infrastructure or very capex-heavy railways, and roads can underperform in the current context. Koul further says that barring IT, a lot of FIIs are still engaged in the consumption story in India and it will still trade at a relatively higher multiple to the rest of the indices and rest of the consumer pack across the market. Somewhere around 30-40 times PE is still relatively okay compared to the broader market trading at 20 times. When are FIIs coming back? Sunil Koul: You want the global sentiment to improve a little bit before FIIs can come back. Today, the market is trading micro as opposed to global macro. So, let the global macro stabilise a little bit.

Aster DM Healthcare and three other companies will be in focus on Friday as February 10, Monday, has been set as the record date to determine shareholder eligibility for dividend payouts. Investors looking to qualify for these dividends must purchase shares by today to ensure settlement under the T+1 settlement cycle.

company plans to raise around Rs 78 crore through its IPO. The company plans to use the net proceeds from the IPO to be used for repayment of debt, working capital requirements and general corporate purposes.

growth in its profitability in the third quarter ended December 2024 even as the annual premium equivalent (APE) is expected to see a decline. Emkay Global estimates a profit growth of 5% YoY to Rs 9908 crore, while APE may witness 19% drop to Rs 10,686 crore.

Hero MotoCorp shares will be in focus on Friday after the company reported a 12% year-on-year rise in standalone net profit for the December quarter, reaching Rs 1,203 crore against Rs 1,073 crore a year ago. The figure surpassed Street estimates of Rs 1,122 crore. Revenue from operations rose 5% to Rs 10,211 crore from Rs 9,723 crore in the same quarter last year, exceeding the ET Now Poll estimate of Rs 10,152 crore. The company said both revenue and profit for the first nine months of FY25 were the highest ever.

stock exchange BSE will be in focus on Friday after it posted impressive third-quarter results, with its net profit jumping 104% year-on-year (YoY) to Rs 220 crore. Revenue from operations also saw a robust 108% YoY growth, reaching Rs 773 crore. Profit before tax and exceptional items more than doubled to Rs 268 crore from Rs 127 crore in the same quarter last year.

M Suresh Kumar Reddy and Vijay Kancharla — promoters of Brightcom Group Ltd (BGL). Apart from the penalty, Sebi also barred both promoters from the securities markets for five years and restrained them from acting as a director or key managerial personnel (KMP) in a listed company or a Sebi-registered intermediary for five years.

trade war concerns. The benchmark BSE Sensex lost 213.12 points or 0.27% to close at 78,058.16, while the broader Nifty 50 index closed at 23,603.35, lower by 92.95 points or 0.39%.

Hero MotoCorp Thursday reported an increase of 12% in standalone net profit at Rs 1202.84 crore for the third quarter ended December 31, 2024. The company had reported net profit of Rs 1073.38 crore in the same period of the last financial year. Analysts had expected the company to report net profit of Rs 1122 crore in the period under review.

Cochin Shipyard on Thursday reported a 27% year-on-year (YoY) drop in its consolidated net profit at Rs 177 crore in the third quarter, compared with Rs 244 crore in the same quarter of last year. Revenue from operations in the same period increased 9% YoY to Rs 1148 crore. The same stood at Rs 1056 crore in the corresponding period of previous year.

Hero MotoCorp on Thursday reported a 12% growth in its December quarter standalone net profit to Rs 1,203 crore versus Rs 1,073 crore reported in the year-ago period. It was higher than the Street's estimates of Rs 1,122 crore. The company announced an interim dividend of Rs 100 per equity share.

Nifty formed a long negative candle on the daily chart on Thursday, which indicates an emergence of minor selling pressure from the highs. The index is currently placed at the overhead resistance of the down-sloping trend line around 23,800 levels. The bullish chart pattern like higher tops and bottoms is intact as per the daily timeframe chart and the present weakness could be in line with the new higher bottom of the pattern. The higher bottom reversal needs to be confirmed at the lows.

The regulatory clampdown, aimed at curbing excessive retail participation in derivatives, has led to sweeping changes, including higher Securities Transaction Tax (STT) rates, increased Market Infrastructure Institutions (MII) charges, and modifications in futures and options (F&O) trading rules. These measures have already triggered a sharp decline in F&O turnover, which fell from Rs 11,410 trillion in October 2024 to Rs 6,044 trillion by December 2024.

Shares of Raymond Ltd.(up 1.03 per cent) and DLF Ltd.(up 0.09 per cent) ended the day as top gainers in the pack.

Shares of Axis Bank Ltd.(up 0.74 per cent), IDFC First Bank Ltd.(up 0.64 per cent), IndusInd Bank Ltd.(up 0.41 per cent), ICICI Bank Ltd.(up 0.38 per cent) and HDFC Bank Ltd.(up 0.35 per cent) ended the day as top gainers in the pack.

These high-performing stocks that rallied more than 10% during the session included, GSK Pharma(13.77%), Danlaw Technologies(12.08%), Vimta Labs(11.92%), Jainco Projects(11.82%), Nandan Denim (11.76%), Asian Tea Exp(11.62%), Bemco Hydraulic(11.54%), VRL Logistics(11.50%), Royale Manor(10.94%) and Diffusion Engineers(10.84%).

Benchmark NSE Nifty closed 92.96 points down at 23603.35 amid selling in frontline bluechip counters.

Donald Trump's crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money. The meme coin, known as $Trump, was launched by the president on Jan. 17 and quickly surged, reaching a peak of over $14.5 billion in overall market value by Jan. 19, the day before his inauguration. It has since slumped by two-thirds.