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Agro Phos India Ltd.(up 11.89%), Aries Agro Ltd.(up 3.79%), Rashtriya Chemicals & Fertilizers Ltd.(up 3.47%), Madras Fertilizers Ltd.(up 3.42%), Mangalore Chemicals & Fertilizers Ltd.(up 3.30%), Nagarjuna Fertilizers and Chemicals Ltd.(up 2.83%), National Fertilizers Ltd.(up 2.71%), The Fertilisers and Chemicals Travancore Ltd.(up 2.53%), Paradeep Phosphates Ltd.(up 2.53%) and Coromandel International Ltd.(up 2.47%) were among the top gainers.

Laurus Labs Ltd.(up 6.66 per cent), Granules India Ltd.(up 4.77 per cent), Ajanta Pharma Ltd.(up 2.8 per cent), Abbott India Ltd.(up 2.56 per cent) and J B Chemicals & Pharmaceuticals Ltd.(up 2.2 per cent) were among the top gainers.

The Orissa Minerals Development Company Ltd.(up 4.68%), Pokarna Ltd.(up 2.70%), MOIL Ltd.(up 2.49%), Aro Granite Industries Ltd.(up 1.99%), Lexus Granito(India)Ltd.(up 1.78%), Ashapura Minechem Ltd.(up 1.75%), Sandur Manganese & Iron Ores Ltd.(up 1.65%), KIOCL Ltd.(up 1.41%), Coal India Ltd.(up 1.30%) and NMDC Ltd.(up 0.81%) were among the top gainers.

The central bank hiked borrowing costs aggressively from mid-2022 to tame runaway energy and food costs, but is now bringing them back down as price rises slow and the eurozone economy looks weak.

Siddhartha Khemka, Head-Retail Research, MOFSL, says cement demand is showing signs of recovery in various sectors, including housing and infrastructure, both in rural and urban areas. A good monsoon is expected to boost demand, particularly from rural regions. Additionally, with the upcoming Budget, there are hopes that government spending, which has been low this year, will increase significantly next year, aiming for a 10% to 15% growth in capital expenditure. This should positively impact the overall cement industry. In cement, Khemka says, UltraTech is their preferred pick, followed by JK Cement among the midcaps. Within the fertiliser space, the pick is Coromandel International. What do you make of the market setup right now? Do you think the bulk of the poison is out of the system or do you think there is going to be another couple of weeks of volatility and perhaps at the end of next week, after the Delhi election outcome, etc, is out, that the market will finally stabilise and pick up a direction. Siddhartha Khemka: The major worry for us from the market perspective is the earnings and that has been something which has been a bit subdued and I would say only until the end of the result season, we could see some stability. Based on whatever numbers that have come so far and the outlook for Q4, even Q4 does not look to be a very strong quarter.

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Adani Enterprises, Bajaj Finance, Adani Ports, Tata Motors, BlueDart among others will be in focus due to various news developments and third quarter results. L&T, Adani Enterprises, Adani Ports, Bajaj Finserv Shares of L&T, Adani Enterprises, Adani Ports and Bajaj Finserv will be in focus as the companies will announce their third quarter results later today.

After several months in which inflation data has largely moved sideways, the U.S. central bank dropped from its latest policy statement language saying that inflation «has made progress» towards the Fed's 2% inflation goal, noting only that the pace of price increases «remains elevated.»

Benchmark indices staged a relief rally on Tuesday from Monday’s sharp losses while broader Mid and Small cap indices extended their declines as they continued to underperform on valuation and earnings concerns.

Asian stocks fluctuated on Thursday after the Federal Reserve held rates unchanged, with Chair Jerome Powell saying officials were not in a hurry to lower borrowing costs. Shares in Japan opened slightly lower, weighing down a gauge of Asian equities despite a small gain for shares in Australia. Many of the region’s equity markets including China, South Korea and Taiwan remained closed for the Lunar New Year holiday.

Donald Trump's administration is offering buyouts to federal employees to quickly reduce the government workforce. They don't have a long time to decide: The deadline is February 6, as per a report.

Capital Small Finance Bank has reported a 17% rise in net profit at Rs 34 crore for the third quarter ending December 30, 2024 against Rs 29 crore in the year-ago quarter. Operating profit was 20% higher at Rs 48 crore against Rs 40 crore.

Tamilnad Mercantile Bank reported a 6% rise in third quarter net profit at Rs 300 crore against Rs 284 crore in the year ago quarter. Operating profit was 10% higher at Rs 408 crore against Rs 370 crore, buoyed by 20% expansion in non interest income at Rs 189 crore.

Tata Motors' third-quarter profit missed the Street estimates by a wide margin as the bottom line fell 22% YoY to Rs 5,451 crore. The profit was way below the ET Now poll estimates of Rs 6,791 crore.

Gujarat Mineral Development Corporation Ltd.(up 13.01%), MOIL Ltd.(up 4.84%), The Orissa Minerals Development Company Ltd.(up 3.42%), KIOCL Ltd.(up 3.41%), Aro Granite Industries Ltd.(up 3.15%), NMDC Ltd.(up 2.93%), Pokarna Ltd.(up 2.89%), Ashapura Minechem Ltd.(up 2.58%), Coal India Ltd.(up 2.38%) and Sandur Manganese & Iron Ores Ltd.(up 1.45%) stood among the top gainers.

Indian Bank on Wednesday reported a 35 per cent increase in net profit at Rs 2,852 crore for the third quarter ended December 2024, helped by core income. The Chennai-based bank had earned a net profit of Rs 2,119 crore in the same quarter a year ago. Its total income increased to Rs 17,912 crore from Rs 16,099 crore a year ago, Indian Bank said in a regulatory filing.

stocks rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, Syrma SGS Technology(19.99%), Ami Organics(19.99%), Inox Wind Ltd.(19.79%), Gala Global Prod(18.83%), KIFS Financial(17.28%), Chemfab Alkalis(17.21%), Indo Farm Equipment(16.81%), DIC India Ltd(15.98%), Deepak Fertilisers(15.91%) and Ramgopal Poly(15.63%).

Tata Consumer Products is expected to report a double-digit growth in its topline for the quarter ended December 31, 2024 led by strong domestic business, as per three top brokerages. The revenue from operations in the reporting quarter is seen to grow by 15-17% according to estimates by three brokerages. Meanwhile, the company's profitability is expected to take a hit on the back of a sharp spike in tea prices.

Shares of TVS Motor Company Ltd.(up 5.53 per cent), Tata Motors Ltd.(up 3.33 per cent), Exide Industries Ltd.(up 2.84 per cent), Bajaj Auto Ltd.(up 2.71 per cent) and Samvardhana Motherson International Ltd.(up 2.21 per cent) ended the day as top gainers in the pack.

Balrampur Chini Mills and Dhampur Sugar Mills, soared up to 11% on Wednesday following the government's approval of a price hike for ethanol, a key byproduct of sugar production. Balrampur Chini Mills saw a rise of 5.3%, reaching Rs 504.95 on the BSE, while Dhampur Sugar Mills surged nearly 11%, climbing to Rs 157.9. Shree Renuka Sugars also gained 7.3% to Rs 38.40. Other sugar stocks also saw notable gains, including Bannari Amman Spinning Mills, which climbed 4% to Rs 43, while Uttam Sugar Mills, Dalmia Bharat, and EID Parry India also saw increases, with gains of 6.13%, 2.97%, and 4.05%, respectively.

Shares of KPIT Technologies shot up by 11.4% to their day’s high of Rs 1,404.65 on the BSE after reporting impressive financial results for the third quarter for FY25 and announcing an interim dividend of Rs 2.50 per share. Here are further details: