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₹9.5 lakh crore for FY 2023-24, and the budgeted expenditure on interest payments was at 30.4% of the nation's revenue expenditure in FY24.The global rating agency S&P Global upgraded India's sovereign credit rating outlook to ‘positive’ from ‘stable’ in May 2024.The Economic Survey projected that India would grow at the rate of 6.5 to 7% of real GDP growth due to the improving balance sheet of the country's private sector, the estimated increase in goods and services export, normal rainfall forecast by IMD, and structural reforms in the economy.On the Inflation front, the report said that India managed to keep retail inflation at 5.4% in FY24, the lowest since the Covid-19 pandemic period. However, the food inflation hit 7.5 per cent in FY24, compared to 3.8 per cent in FY22.The report also outlined the focus outlook for the year, with increasing oilseed production, improving pulses production, focusing on storage facility for vegetables, and price monitoring data for essential food items, among other things.Economic Survey 2025 Live: The Economic Survey is an analysis report of India's growth prepared by the Economic Division of the Department of Economic Affairs (DEA).

Reliance Industries. However, a decline in Tata Motors capped gains on the benchmarks. The benchmark BSE Sensex gained 226.85 points or 0.30% to close at 76,759.81, while the broader Nifty 50 index closed at 23,249.50, higher by 86.40 points or 0.37%.

market infrastructure institutions (MIIs). Under the guidelines, MIIs — comprising stock exchanges, clearing corporations, and depositories — are required to appoint an independent external agency to evaluate their performance and the functioning of their statutory committees. This needs to be done once every three years.

The Claman Countdown panelists Jonathan Corpina and Ashish Shah unpack the cause of market volatility and discuss the Federal Reserves decision to leave rates unchanged.

Kotak Institutional Equities on Thursday said it has initiated coverage on renewable power player ACME Solar Holdings with a ‘buy’ rating at a target price of Rs 320 per share, which implies a potential upside of over 52% from the stock’s current levels. ACME Solar shares closed 10% higher on Thursday at Rs 210.80 on the BSE. The brokerage highlighted ACME's aggressive expansion in India's renewable energy sector and its exceptional growth potential, supported by an increasing focus on hybrid and firm dispatchable renewable energy (FDRE) projects.

Waaree Energies on Thursday reported a 296% year-on-year growth in its consolidated net profit for the quarter ended December 31, 2024, to Rs 493 crore versus Rs 124 crore posted in the year-ago period. The Q3FY25 revenue from operations stood at Rs 3,457 crore, up by 117% over Rs 1,596 in the corresponding quarter of the previous financial year.

Nifty, opened flat, maintained buying interest, and settled the day on a positive note at 23,250. The volatility index, India VIX, dropped by 6.70% to 17.39, indicating a cool-off in market volatility. Technically, Nifty formed a green candle on the daily chart, indicating strength, with immediate resistance near 23,340, where the 21-day Simple Moving Average (21-DSMA) is placed, and strong support at 23,000. As long as Nifty holds above 23,000, a short-term pullback toward 23,340 and 23,500 remains possible, favoring a buy-on-dips strategy, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.

financial stocks and heavyweight Reliance Industries (RIL). However, a decline in Tata Motors capped gains on the benchmarks. The benchmark BSE Sensex gained 226.85 points or 0.30% to close at 76,759.81, while the broader Nifty 50 index closed at 23,249.50, higher by 86.40 points or 0.37%.

The rupee ended at 86.xxxx, down from its close at 86.54 in the previous session. The currency hovered between 86.57-86.6250 band on the day.

Nestle India is likely to see muted revenue and profit numbers in the third quarter as the growth continues to be impacted by muted consumer demand and elevated commodity prices. Revenue from operations are likely to improve 4% year-on-year (YoY), according to an average estimate of four brokerages, while profit after tax (PAT) is seen rising by a marginal 1% YoY.

Small and midcap stocks have tumbled 15% since September 2024, weighed down by slowing domestic growth and tightening liquidity conditions. According to Nuvama Institutional Equities, the correction bears a strong resemblance to past downturns in 2011 and 2018, raising the risk of a prolonged bear market rather than a short-term blip. The brokerage warned that despite the recent slide, valuations remain elevated, suggesting that further downside risk persists unless policy intervention provides relief. Nuvama expressed a preference for exporters such as chemicals, domestic laggards with profitability nearing a bottom like cement firms and quick service restaurants, and consistent compounders.

mutual funds do best only in bull markets. But even in volatile markets, smart fund managers can create and protect value for investors in uncertain times. The recent correction, spanning 26th September 2024 – 21st January 2025, is a case in point.

IndusInd Bank. Analysts point to a disappointing show on almost all the metrics. The net interest income (NII) during the third quarter is likely to rise by a marginal 1% year-on-year (YoY), according to an average estimate of six brokerages. This along with higher provisions could drag the PAT down significantly by 40% YoY.

Adani Ports and Special Economic Zone (APSEZ) on Thursday reported a 14% year-on-year (YoY) growth in its December quarter consolidated net profit at Rs 2,520 crore versus Rs 2,208 crore posted in the year-ago period. The Q3FY25 revenue from operations stood at Rs 7,964 crore which was up by 15% over Rs 6,920 in the corresponding quarter of the previous financial year.

«Going forward, again, I believe Doji Candles of the previous day, I think yesterday we had a strong bull candle, going forward we believe 23,300, yes, has been working as a multiple resistance for last few trading sessions but we expect that to surpass and we should be looking for a target of around 23,700 which is again a 200-day moving average,» says Dharmesh Shah, ICICI Direct. What is the sense on the markets? Dharmesh Shah: Yes, definitely after a sharp weakness in the last few trading sessions, we see more of a technical pullback happening for the markets. And the most important part was we reverted from the major support of 22,800 which has been holding in last few trading sessions.

Info Edge (India), the parent company of Naukri.com, on Thursday announced its plans to consider a stock split— a first for the company. The board of directors is scheduled to meet on February 5 to discuss and potentially approve the split ratio. “A meeting of the Board of Directors is scheduled to be held on Wednesday, February 05, 2025, to, inter alia, consider and approve the unaudited Standalone & Consolidated Financial Results for the Quarter and Nine months ended December 31, 2024, we hereby inform you that at the said Meeting, the Board of Directors will also consider the proposal for alteration in the share capital of the Company by way of sub-division/ split of the existing Equity Shares of the face value Rs. 10/- each, fully paid-up, in such manner as may be determined by the Board of Directors subject to approval of the shareholders of the Company,” said the company in its exchange filing.

Hemang Jani, Independent Market Expert, says even as we discuss if the valuations are accurate, companies that are doing well and have a solid business model will eventually benefit investors. It's important to identify companies that are succeeding in tough market conditions, whether they are in banking, automotive, or consumer technology. Jani further says that for some of the platform companies, the story is over. Maybe a bit of a cool-off was required. There is massive selling by the FIIs which were holding some of these stocks. But from a 6 months, 12 months kind of perspective, these remain very interesting themes and particularly Zomato and Swiggy are the names I am pretty comfortable buying into at around current levels.

ITC Hotels slipped as much as 5% on Thursday to Rs 169.70 on the BSE on its second day of trading post-listing, after the demerged hotels arm of ITC faced selling pressure on its Dalal Street debut on Wednesday. Despite the weak start, analysts suggest investors stay put, citing strong long-term growth prospects in the hospitality sector, a favorable demand-supply outlook, and ITC Hotels’ strategic expansion plans. The stock, which opened at Rs 188 on its debut, hit a 5% lower circuit minutes into trading on Wednesday as ITC shareholders who were not keen on holding the hotels business sought an exit. The listing price was nearly 31% lower than the special price discovery value of Rs 260 assigned in an earlier session on the Nifty and around Rs 270 on the BSE.

Sakthi Sugars Ltd.(up 1.41%), Avadh Sugar & Energy Ltd.(up 1.28%), Bannari Amman Sugars Ltd.(up 1.21%), Ponni Sugars(Erode)Ltd.(up 1.05%), KCP Sugar & Industries Corporation Ltd.(up 0.94%), Bajaj Hindusthan Sugar Ltd.(up 0.81%), EID Parry(India)Ltd.(up 0.59%), Rajshree Sugars & Chemicals Ltd.(up 0.59%), Rana Sugars Ltd.(up 0.52%) and Kothari Sugars & Chemicals Ltd.(up 0.41%) were among the top gainers.

«So, frankly, the inflows as far as the funds are concerned have not really got affected, maybe some marginal changes which one cannot call it a trend as of now, that is number one,» says Vinit Sambre, DSP Mutual Fund. The time to panic in small and midcap stocks is it over or you can still churn your portfolio out of small and midcap stocks? I mean, everyone saw this coming, it is just that when it hits you, you regret. Vinit Sambre: See, basically, first of all small and midcaps in general as I have been telling that these are categories which had to be looked from a long-term perspective and last three-four years were very strong for across the equities and it is time for some reversal as of now and when I actually think about a lot of the factors which we keep monitoring, the most important factor comes about is the growth in the earnings and this is the first time after a few years we are seeing moderation, cuts have happened, more importantly results are actually reflecting what is happening as far as earnings are concerned which was not happening over the last three years.

Umang Dairies Ltd.(up 3.86%), Vadilal Industries Ltd.(up 2.34%), Sheetal Cool Products Ltd.(up 2.34%), JHS Svendgaard Laboratories Ltd.(up 2.22%), Bikaji Foods International Ltd.(up 2.17%), ADF Foods Ltd.(up 2.02%), Dangee Dums Ltd.(up 1.80%), Heritage Foods Ltd.(up 1.65%), Dodla Dairy Ltd.(up 1.38%) and Tata Consumer Products Ltd.(up 1.20%) were among the top gainers.