Sensex opened at 76,114, dipped to a low of 75,817, then surged to a high of 76,461, finally closing 567 points higher at 76,405.
Nifty 50 dipped below 23,000 during intra-day trading but recovered to close 131 points higher at 23,155.
MidCap and SmallCap stocks struggled, with the BSE MidCap index slipping 1.2% and the SmallCap index tanking 1.6% before recovering some losses.
Capital goods stocks also saw pressure, falling nearly 2%, reflecting weaker industrial activity.
Impact on the stock market
The sectoral indices reflected the day’s mixed sentiment:
- IT stocks led the recovery, with the BSE IT index rallying over 2%, thanks to strong gains in Infosys, TCS, and Tech Mahindra.
- Private banking stocks performed well, with HDFC Bank, Kotak Bank, and IndusInd Bank gaining between 1% to 2%.
- The real estate sector took a hit, with the BSE Realty index dropping to a 10-month low.
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| Sector/Index | Performance |
| IT & BPM sector | 2.14% |
| Healthcare sector | 0.53% |
| Oil & Gas sector | -0.71% |
| Real estate sector | -4.56% |
| PSU Bank in India | -1.01% |
Top gainers today
| Company | Price | Change % |
| Wipro Share Price | 309.10 | +3.60 |
| Infosys Share Price | 1,856.45 | +3.10 |
| TCS Share Price | 4,156.60 | +2.99 |
| Tech Mahindra Share Price | 1,683.95 | +2.65 |
| Sun Pharma Share Price | 1,798.95 | +2.06 |
Top losers today
| Company | Price | Change % |
| Bharat Elec Share Price | 270.35 | -3.10 |
| Tata Motors Share Price | 742.75 | -2.37 |
| Trent Share Price | 5,626.35 | -1.93 |
| Power Grid Corp Share Price | 297.55 | -1.59 |
| Axis Bank Share Price | 959.30 | -1.12 |
Market aftermath: Impact on stocks
HDFC Bank Surprises Analysts, Stock Rises 1.7%
HDFC Bank’s Q3FY25 earnings exceeded expectations, with a 2% rise in net profit to ₹16,735.5 crore, despite analysts predicting a decline.
However, the bank has been under pressure, with its stock falling 8% this month and 5% over the last three months. The Net Interest Income (NII) increased by 7.4%, but Net Interest Margin (NIM) fell to 3.58%, indicating pressure on profitability.
Even though gross non-performing assets (GNPA) worsened to 1.43%, investor sentiment improved after the earnings call announcement at 6 PM, leading to a 1.7% rise in the stock price to ₹1,669.
Also read: Fundamental Analysis of HDFC Bank Ltd.
Tata Technologies Hits 52-Week Low, Down 33% from Peak
Once a market favorite after its stellar listing, Tata Technologies shares dropped nearly 3% to hit a 52-week low of ₹788.65 after weak Q3 earnings.
- Net profit stood at ₹169 crore, a slight decline from last year but a 7% sequential growth from Q2FY25.
- Revenue rose 2% YoY to ₹1,317 crore, showing resilience despite seasonal weakness in services.
- Management remains optimistic, with analysts at JM Financial raising earnings-per-stock estimates by 1-3%, indicating the worst may be over.
Despite the optimism, the stock remains 33% down from its post-listing peak, reflecting market skepticism about its near-term growth.
You may also read: Tata Tech results trigger 5% stock dive after Q4 shock
India Cements Plunges 13% After Reporting a ₹428 Crore Loss
It was a rough day for India Cements, which saw its stock crash 13% to ₹303 per share after posting a massive ₹428 crore net loss in Q3FY25.
- The company had reported just a ₹16 crore loss in the same quarter last year, showing how severe the decline has been.
- Revenue also fell 16.5% YoY to ₹903.2 crore, reflecting weaker demand and pricing challenges.
- An exceptional loss of ₹190 crore further worsened the situation, raising concerns about the company’s financial health.
This steep decline highlights the ongoing struggles in the cement sector amid rising costs and weak infrastructure demand.
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Crude Oil Stays Flat as Trump’s Trade War Fears Linger
Global commodity markets are keeping a close eye on Donald Trump’s latest trade war threats. The US President hinted at a 10% tariff on China starting February 1, in response to fentanyl exports.
This has led to concerns about China’s crude oil demand, keeping prices under pressure:
- Brent crude futures stayed flat at $79.36 per barrel.
- WTI crude was barely changed at $75.84 per barrel.
- On MCX, crude oil futures were trading at ₹6,577, up 0.20%.
Meanwhile, the US crude oil production faced disruptions due to a winter storm in the Gulf Coast, causing North Dakota’s oil production to drop by 130,000–160,000 barrels per day.
While immediate oil price changes were limited, rising trade tensions and production slowdowns could impact global oil markets in the coming weeks.
Conclusion:
Conclusion: A Volatile Day, But Optimism Prevails
The Indian stock market had a roller-coaster ride today, but it ended on a positive note, led by gains in IT and private banking stocks.
- Sensex closed 567 points higher at 76,405, while Nifty gained 131 points to end at 23,155.
- HDFC Bank’s Q3 results provided a much-needed boost, but Tata Technologies and India Cements faced sharp declines.
- Crude oil prices remain flat, but Trump’s trade policies could stir volatility soon.
With corporate earnings season in full swing, the markets will likely stay choppy. Investors should keep an eye on upcoming earnings, global cues, and trade developments to navigate the days ahead.
What’s your take on today’s market movement? Share your thoughts in the comments!
For more stock market insights, check out the StockGro blog.
