The Indian stock market saw a robust rally, with BSE Sensex rising 686.26 points (0.89%) to 77,446.07 and NSE Nifty50 climbing 240.60 points (1.03%) to 23,490.10 by the afternoon session.
Broader market participation was also positive, with 1,933 stocks advancing and 636 declining. Additionally, 18 stocks hit their 52-week highs, while 46 stocks touched 52-week lows.
Meanwhile, midcap and smallcap stocks continued their upward journey, with BSE Midcap up 1.14% and BSE Smallcap gaining 1.24%, reflecting strong investor interest beyond the large-cap segment.
Impact on the stock market
Sectoral Indices Performance
Across sectors, most indices traded in the green:
- Consumer Durables was the top gainer, up 2.09%, driven by Titan and Trent.
- Auto, Realty, Oil & FMCG gained over 1%, showing strong demand in these segments.
- Bank Nifty remained flat, indicating a cautious approach in financials.
- IT, Metal, and Media stocks also traded higher, adding to the overall market momentum.
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| Sector/Index | Performance |
| IT & BPM sector | 0.56% |
| Healthcare sector | 0.18% |
| Oil & Gas sector | 1.87% |
| Real estate sector | 1.94% |
| PSU Bank in India | 1.36% |
Top gainers today
| Company | Price | Change % |
| TATA Cons. Prod Share Price | 1,024.65 | 5.99 |
| Bharat Elec Share Price | 292.65 | 4.99 |
| Trent Share Price | 5,753.20 | 4.39 |
| Nestle Share Price | 2,313.20 | 4.32 |
| Larsen Share Price | 3,567.40 | 4.28 |
Top losers today
| Company | Price | Change % |
| Bharti Airtel Share Price | 1,626.30 | -0.88 |
| JSW Steel Share Price | 945.00 | -0.62 |
| Bajaj Finserv Share Price | 1,736.10 | -0.52 |
| ICICI Bank Share Price | 1,252.80 | -0.22 |
| Apollo Hospital Share Price | 6,810.50 | -0.21 |
Market aftermath: Impact on stocks
Sun Pharma Posts Strong Q3 Results, Shares React Mutedly
Sun Pharmaceutical Industries reported a 15% year-on-year rise in net profit to ₹2,903.4 crore, in line with expectations. Revenue grew 10% YoY to ₹13,675.5 crore, supported by robust domestic and emerging market demand.
The company declared an interim dividend of ₹10.5 per share, with a record date of 6th February 2025.
Despite strong numbers, Sun Pharma’s stock movement remained volatile. It ended up just 0.8% at ₹1,753, as weak US business performance and a ₹316.2 crore exceptional expense related to litigation settlement in the US capped gains.
India’s IPO Boom: Economic Survey Highlights
The Economic Survey 2025 revealed that India’s share in the global IPO market surged to 30% in 2024, up from 17% in 2023, making it the largest contributor to global IPO listings.
The total funds raised from equity and debt markets stood at ₹11.1 lakh crore from April to December 2024, a 5% increase from FY24’s total.
Key stats from the report:
- Number of IPOs: 259 (up 32.1% from 196 in 2023)
- Funds raised: ₹1,53,987 crore (almost 3x from ₹53,023 crore in 2023)
- Average IPO size: ₹2,124 crore, up from ₹814 crore in FY24
This indicates strong investor confidence and a booming primary market, supported by domestic and foreign institutional inflows.
UPL Ltd Turns Profitable, Stock Jumps 9%
UPL Ltd made a remarkable turnaround, reporting a net profit of ₹828 crore in Q3 FY25, compared to a ₹1,217 crore loss in the same period last year.
Investors cheered the strong results, pushing UPL’s stock up 8.96% to ₹617.80 on NSE, before settling 6.69% higher at ₹604.90.
Crude Oil Market: Price Surges Amid Tariff Uncertainty
Crude oil futures rose after US President Donald Trump reaffirmed plans to impose tariffs on Canada and Mexico from February 1.
- April Brent crude was up 0.63% at $76.37 per barrel
- March WTI crude rose 0.91% to $73.39 per barrel
- February crude oil futures in India (MCX) increased by 0.76% to ₹6,367
Trump’s uncertainty over whether crude oil imports will be exempt from the new tariffs added to volatility. Canada and Mexico are key crude exporters to the US, shipping 3.9 million and 733,000 barrels per day, respectively, in 2023.
Adding fuel to the fire, Trump’s warning of 100% tariffs on BRICS nations if they launch a BRICS currency alternative to the US dollar also kept global markets on edge.
Conclusion: A Strong Day for Markets with Mixed Signals Ahead
Indian stock markets had a strong day, fueled by anticipation of the Economic Survey 2025, positive sentiment in consumer durables, auto, and realty stocks, and robust earnings from Sun Pharma and UPL.
The IPO boom highlighted India’s growing dominance in the global capital markets, while crude oil’s rise on geopolitical risks could impact inflation going forward.
With the Union Budget 2025 around the corner and inflation pressures building, the coming weeks will be crucial for the Indian stock market. Investors will keep a close watch on policy decisions, earnings reports, and global cues.
What’s next for the markets? The Budget will set the tone for the future—stay tuned!
For more stock market insights, check out the StockGro blog.
