Market breadth displayed strong bullish sentiment, with 2,076 stocks advancing against 751 declining on the NSE, highlighting the positive momentum across sectors.

The market breadth remained solidly positive, with 2,000 stocks advancing against 672 declining, indicating robust sentiment across the board.

The market breadth remained firmly positive, with 1,655 stocks advancing against 621 declining, reflecting improved overall sentiment.

GIFT Nifty indicates a promising start for Indian markets, with trends pointing to an uptick of around 100 points or 0.42 per cent. Nifty futures were trading near the 23,769 mark at 7:00 AM IST.

The market breadth remained relatively balanced, with 1,470 stocks advancing against 1,349 stocks declining, reflecting mixed investor sentiment.

The market breadth leaned positive, with 1,583 stocks advancing against 835 declining, despite the dip in benchmark indices.

Foreign institutional investors (FIIs) turned net buyers on January 2, purchasing equities worth Rs 1,506 crore after 12 consecutive sessions of selling. Domestic institutional investors (DIIs) also net bought equities worth Rs 22 crore on the same day.

The overall market breadth remained positive, with 1,824 stocks advancing against 997 stocks declining, highlighting strong investor sentiment.

The market breadth leaned bullish, with 1,652 stocks advancing against 712 declining, reflecting a positive undertone for the day.

On Wednesday, Indian equity markets closed higher, marking a positive start to the new year. The Sensex climbed 368.40 points or 0.47 per cent to settle at 78,507.41, while the Nifty rose 98.10 points or 0.41 per cent, ending near 23,750.

The market breadth remained positive, with 2,048 stocks advancing compared to 766 stocks declining.

The market breadth remained positive, with 1,517 stocks advancing, while 739 stocks declined, showcasing a marginally bullish undertone.

Foreign institutional investors (FIIs) were net sellers on December 31, offloading equities worth Rs 4,645 crore, while domestic institutional investors (DIIs) continued their buying spree, purchasing shares worth Rs 4,546 crore.

Sensex ended nearly unchanged at 78,501.12, while Nifty finished flat at 23,644.80, marking no change in percentage terms.

Nifty Pharma, Nifty Oil & Gas, and Nifty Consumer Durables emerged as the outperformers. On the other hand, Nifty IT and Nifty Financial Services exhibited weak performance.

India VIX rose by 3.04 per cent to 14.40, indicating a slight uptick in market volatility.

As of December 31, 2024, no stocks are under the F&O segment trading ban.

The new extrusion line will enable the production of profiles up to 300 mm in width. Annual capacity has doubled from 12,000 MT to 24,000 MT.

Under the agreement, Akums will receive an upfront payment of EUR 100 million (Rs 880 crore) to fund product development and secure European regulatory approvals for its oral liquid manufacturing facility.

Bharat Global Developers Ltd. mentioned that the company is committed to regulatory compliance, transparency, and corporate governance.

Board in its meeting held on Tuesday, 24th December 2024, has approved the commencement of pre-project activities for the establishment of a greenfield Refinery-cum-Petrochemical complex on the East Coast of Andhra Pradesh, at an estimated cost of Rs 6,100 crore.

The company acquired a total of 1,48,75,357 equity shares, which amounts to 54 per cent of the expanded voting share capital of Cigniti.

The orders include major components such as platform screen doors for metro rail, radars, communication equipment, jammers, seekers, upgraded submarine sonar, upgraded SATCOM terminals, test stations, spares, and services.

The strategic introduction of Advanced Cybersecurity Solutions aims to bolster revenue and expand the customer base by enhancing offerings to existing clients and attracting new prospects.

Vinyas Innovative Technologies Limited, an electronics manufacturing services (EMS) provider, has announced the receipt of purchase orders worth Rs 390 crore from a domestic customer.

The facility in question, Unit-V, is an active pharmaceutical ingredient (API) manufacturing site operated by Apitoria Pharma Private Ltd, a wholly owned subsidiary of Aurobindo Pharma, located in Pashamylaram Village, Telangana.

The funds raised through this investment will be used to support EESL’s greenfield project in Bengaluru, where the subsidiary is setting up a manufacturing plant for lithium-ion battery cells, modules, and packs

The resignation is attributed to personal commitments and has been duly accepted by the company. Mr. Gautam’s last working day will be December 31, 2024. 

IntellQA's capabilities collectively drive enhanced ROI, long-term cost savings, and a stronger bottom line, making IntellQA an essential enabler of enterprise-scale AI transformation.

The company has secured an order from Assam Gas Company Limited for the supply of a Compressor Station on a Build, Own, Operate, and Transfer (BOOT) basis for a period of three years.

Situated near some of Gurugram’s premium real estate, the outlet is positioned to cater to the travel needs of the region’s HNI and UHNI segments with specialized, personalized travel solutions.

This acquisition is part of an earlier Share Purchase Agreement (SPA) signed on May 24, 2024, under which the company is set to acquire 9,375 equity shares (28.12 per cent of Nextwave’s capital).

The company got listed on the BSE and NSE on November 22, 2024. From the issue price of Rs 273, the company's stock has risen by 59.9 per cent.

Company has announced securing a significant work order from the Central Warehousing Corporation, valued at Rs 37,99,16,792 (including taxes).

The company has announced that it has received the Consent to Establish (CTE) from the Uttar Pradesh Pollution Control Board (UPPCB) for the expansion of its plant capacity to 10,000 TCD (tons of cane per day).

During the September to June quarter, FIIs increased the stake to 11.65 per cent from 10.51 per cent during the March to June quarter. Meanwhile, DIIs during the same period increased the stake from 9.74 per cent to 11.41 per cent.

The order involves the establishment of a 400/220 kV Solapur Substation in Solapur, Maharashtra.

The project entails an estimated development cost of Rs 50 crore per site across four locations, with annualized revenues from all sites projected to reach Rs 300 crore starting in the fourth year of operations.

The company reported a significant 10.8 per cent year-on-year increase in profit after tax (PAT), which stood at Rs 9.6 crore in Q2 FY25, compared to Rs 8.7 crore in Q2 FY24.

The company in its press release, mentioned that it is expanding an additional packaging facility in the nearby vicinity of its Oil Division in December 2024.

The company has received Letter of Acceptance from Southern Railway for Provision of MSDAC with existing DCTC at Stations.

The promoter group company PEAK XV Partners Investments V divested 52 lakh shares, and Bisque Limited sold 30 lakh shares, both at an average price of Rs 709.9.

In total, Rahul Gautam has purchased 1,33,500 equity shares during this period. The total value of securities acquired amounts to Rs 11,13,37,707.00.

The company plans to invest SAR 185 million in warehousing, stocks, and people over the next five years in the Kingdom. It is eyeing a revenue of SAR 435 million over the next five years.

Shares of GE Vernova T&D India Ltd were locked in a 5 per cent lower circuit at Rs 1,820.85 on the BSE amid a 0.13 per cent decline in the BSE Sensex, which settled at 80,004.06.

The company's revenue from operations in Q2 FY25 stood at Rs 1,325.05 crore, reflecting a 21.1 per cent increase from Rs 1,094.10 crore in the same quarter of the previous fiscal year.

The Confederation of All India Traders estimates that November and December 2024 will see around 48 lakh weddings, marking a significant rise of 37 per cent compared to 35 lakh weddings last year.

The Board of Directors has fixed Tuesday, December 3, 2024, as the record date for the purpose of determining the equity shareholders of the company eligible for bonus equity shares (including stock dividend on ADS) of the Company.

The order is valued at USD 850,000 (approximately Rs 7.14 crore) and involves the export of 150 tons of brass billets to China. Siyaram Recycling Industries is required to fulfil the order within 45 days.

The total order value is estimated at INR 58.16 crore (including GST). The contract is to be executed by May 2025. The total order book value as of today stands at INR 837 crore (excluding GST) to be executed over the next 6 to 18 months.

Ongo’s NCMC issuance process allows commuters to purchase ready-to-use NCMC cards via unique card dispensers installed at Chennai metro stations. This streamlined process encourages faster adoption of NCMCs across India.

The company is exploring opportunities in multiple sectors, including sustainable aviation fuel (SAF), biopolymers, and energy transition & climate actions (ETCA).

FPIs have been on a selling spree since the start of October. Market participants, especially retail investors, felt the pinch of this selloff. But there are stocks that have stood their ground during this tough period.

The approved works include constructing roads in Maharashtra on an EPC basis, widening service roads, and installing streetlights on the Solapur-Yedeshi section of NH-52.

The order involves the design, manufacturing, testing, supply, and supervision of erection and commissioning of 11 Vertical Turbine Pumps, along with mandatory spares, for the Southern Link Phase-2 and Northern Link Phase-2 projects in Gujarat.

Company is in the business to develop customer-centric cybersecurity solutions since 2013. Company aims  to deliver end-to-end cybersecurity services to enterprises in India, USA and Middle East (UAE) through its direct presence and globally with partner echo system. 

The company posted a 17.35 per cent year-on-year growth in net profit at Rs 375.66 crore, compared to Rs 320.12 crore in the same period last year.

As of 30 September 2024, the company’s order book amounted to Rs 11,104 crore, down from Rs 14,795 crore recorded on 30 September 2023.

SBI Long-Term Equity Fund has acquired a stake of 4.88 per cent in Medplus Health Services, buying 58,30,330 shares in the pharmacy retailer during the July to September 2024 quarter.

During the period of July to September domestic mutual funds Axis Midcap Fund and HSBC Small Cap Fund took positions in the company.

Foreign Institutional Investors (FIIs) and well-known investor Dolly Khanna raised their stakes in Prakash Pipes Ltd during Q2 of FY25.

Despite these strong results, the stock hit a 52-week low in today’s session as investors booked profits.

Thermax’s order book performance remained solid, with an order balance of Rs 11,593 crore, reflecting a 12.95 per cent increase over Rs 10,264 crore in the previous year’s quarter.

Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) significantly increased their holdings in Shilpa Medicare during Q2 of FY25.

In the second quarter of FY25, Company recorded a 10.9 percent decline in consolidated revenue from operations, amounting to Rs 934.54 crore compared to Rs 1,048.45 crore in the same quarter last year.

Cantabil’s revenue from operations experienced a 12 per cent increase, reaching Rs 151 crore in Q2 FY25, up from Rs 135 crore in Q2 FY24.

Kalyan Jewellers, one of India’s leading jewellery retailers, experienced a slight dip in net profit in the second quarter of FY25, reporting Rs 130.32 crore, down 3.4 per cent from Rs 134.87 crore in the same period last year.

This strategic collaboration is a milestone in Technopack’s growth journey, marking the company’s emergence as a prominent supplier of custom-designed polymer products that meet Adani's stringent quality and performance standards.

This achievement marks EaseMyTrip’s transition from IATA's GoStandard model to the more advanced GoGlobal accreditation.

The company’s total income for Q2 FY25 reached Rs 225.07 crore, up from Rs 151.21 crore in Q2 FY24.

EBITDA margin expanded by 170 basis points, reaching 15.1% in Q2 FY25, compared to 13.3% in the year-ago period.

With new players entering the market, established companies are expected to face increasing competition across both urban and rural markets.

The jewellery segment, which is Titan's largest contributor, posted a 26 per cent YoY growth in revenue, reaching Rs 10,763 crore for the quarter.

JK Tyre & Industries, a prominent player in the tyre manufacturing sector, reported net sales of Rs 3,621.56 crore for the September 2024 quarter, marking a 7.08 per cent decrease from Rs 3,897.53 crore in the same period of the previous fiscal year.

On a half-yearly basis, CCL Products reported a 19.62 per cent rise in net profit to Rs 145.42 crore, with a 19.72 per cent increase in net sales, which reached Rs 1,511.49 crore in H1 FY25.

Oil India announced its Q2 FY24 results, reporting an impressive 223.1 per cent year-on-year increase in profit, despite a dip in revenue.

With this investment, FIIs now hold a 1.45 per cent stake in the company.

During the intraday session, the stock reached an all-time high, jumping 9.26 per cent to Rs 1,989 on the NSE.

The company attributed this growth to steady demand across its product categories and emerging positive trends in rural markets.

Transformers and Rectifiers (India) Limited has secured orders valued at Rs 270 crore from major players like Siemens, Adani, AMNS, and Jindal Group.

Paras Defence and Space Technologies has won an order valued at approximately Rs 42.05 crore (plus taxes) from the Opto Electronics Factory (OLF), a unit of India Optel Ltd. under the Ministry of Defence.

The company’s consolidated net profit surged by an impressive 237% year-on-year, reaching ₹214 crore compared to ₹63.5 crore in the same quarter last year.

The company reported a consolidated net profit of Rs 335 crore for the September quarter, up 400 per cent from Rs 67 crore in the same period last year.

Net profit for the second quarter ending September 30, 2024, reaching Rs 571 crore, compared to Rs 402 crore in the same period last year.

Net profit saw a sharp rise of 44.1 per cent, reaching Rs 203.8 crore, up from Rs 141.4 crore in the corresponding quarter of the previous fiscal year

Board has approved a plan to raise an additional Rs 8,500 crore through a qualified institutional placement (QIP) to strengthen its balance sheet.

The company’s profit after tax rose by 13 per cent to Rs 4,000 crore, up from Rs 3,551 crore in the corresponding quarter of the previous year.

Bharti Airtel’s holding in Indus Towers will rise to 50.05 per cent from its current 50 per cent.

The company’s profit after tax came in at Rs 19.24 crore, a stark reversal from a Rs 6.94 crore loss in the same period last year, signalling a robust turnaround in profitability.

The Government of India’s focus on higher allocations for rural development, agriculture, and allied services, along with schemes for employment and skilling of youth, is expected to boost both rural and urban consumption for consumer products.

The increased funding for MGNREGA, agricultural support, and the focus on improving productivity in agriculture is expected to raise disposable incomes in rural areas, leading to higher rural consumption and benefiting FMCG companies.