Stock Market Today: Nifty Pares Day's Gains To End At Minor Advance, Sensex Jumps Nearly 200 Points

Stock Market Today: Nifty Pares Day's Gains To End At Minor Advance, Sensex Jumps Nearly 200 Points

The Nifty 50 ended mere points below 25,700, while the Sensex closed near 83,600 in Friday's trading session.

• Infosys & Tech Mahindra gain over 5%; top gainer in Nifty 
• Nifty Midcap 150 close on a flat note; Federal Bank & OFSS lead the gains 
• Federal Bank gain nearly 10% after its strong Q3 results.
• Nifty smallcap 250 snaps 2-day gaining streak; Engineers India & Lemon Tree are top losers.
• Sectoral Indices close on a mixed note.
• Nifty IT gains over 3% for the day; emerges as the top gaining sector for the day
• Infosys and Tech Mahindra gain over 5% for the day; emerges as the top gainers in Nifty IT.
• Nifty PSU Bank gain over 5-day in a row
• Nifty Realty snaps 7-day losing streak
• Nifty Auto falls for the 7th consecutive day
• Nifty Pharma falls for the 6th consecutive day

Stock Market LIVE: IT Dept Launches Major Crackdown On Food Adulteration

• Enforcement Action Against Companies Making Milk, Ghee, Veg Oil
• 12 Food & Drug Companies Under I-T Scanner
• Search & Survey Ops Across Delhi, Rajasthan, UP; More action to follow  Pan India 
• Bogus Sales-Purchase Transactions Under Investigation
• Year-End Bill Adjustments Flagged as Red Flags
• Rs 1 Cr Single-Party Deals Raise Suspicion
• Round-Figure Billing Patterns Under Lens
• Irregular TDS Payments Trigger Tax Action
• Related-Party Transactions Being Scrutinised
• Action Follows FDA Shared Adulteration Data With Income Tax Dept
• Next line of action is adulterated pharma and fertilisers

Stock Market LIVE: Apollo Hospitals To Declare Results On Feb 10

Apollo Hospitals board is to meet on Feb. 10 to declare Q3 results.

Source: Exchange Filing

Stock Market LIVE: Deloitte Suggests Credit Boost For MSME Exports, Funds For Critical Mineral Exploration In FY27 Budget

The FY27 Budget should look at measures like supporting MSMEs through export credit and concessional financing, as well as funding exploration of critical minerals to enhance trade resilience and reduce external vulnerabilities, Deloitte India has said.

In its Budget expectation, Deloitte said that MSMEs account for 46% of India's exports and are the second largest employer after agriculture.

Source: PTI

Stock Market LIVE: Nifty, Sensex Erase All Gains

Markets have pared all gains as the Nifty 50 is now trading 0.18% higher, close to its opening levels, down 200 points from day's highs.

Stock Market LIVE: Jefferies' Big Call: 'Exit Bitcoin. Enter Gold'

Jefferies has made a decisive shift in its long-term asset allocation, arguing that Bitcoin's role as a store of value is under growing threat and that investors are better off moving back to gold. In its latest GREED & fear report, Jefferies flags the rise of quantum computing as a potentially existential risk to Bitcoin — one that undermines the very foundations on which the cryptocurrency's scarcity and security narrative rests.

The concern centres on cryptographically relevant quantum computers (CRQCs), which could dramatically reduce the time needed to derive private keys from public keys. While such a task would take classical computers trillions of years, quantum machines could theoretically do it in hours or days, exposing large swathes of existing Bitcoin holdings to theft.

Read the whole story here.

Stock Market LIVE: DGCA On IndiGo

DGCA says: 

• DGCA is constantly engaging with Indigo with respect to refunds and compensations 
• Passengers are entitled to compensation as per CAR Section 3
• Indigo informed that all refunds for Indigo flight cancellations during the period of 3rd to 5 Dec 2025 have been fully processed cleared to the original source of payment

Stock Market LIVE: Morgan Stanley On Grasim

• Maintain Overweight with target price of Rs 3,690
• Appoints Birla Opus CEO
• See this announcement as a positive development, removing an overhang
• With all plants commercialized, the focus is on continued execution of existing business and growth strategy
• Continue to believe execution in the paints business will help unlock paint valuations and drive re-rating over the medium term

Stock Market LIVE: UBS On Food Delivery

• Eternal – Maintain Buy; Cut target price to Rs 375 from Rs 400
• Swiggy – Maintain Buy; Cut target price to Rs 510 from Rs 580
• Will quick commerce margins turn the corner in FY27?
• Competition has intensified in quick commerce in recent months
• Discounting has increased in quick commerce but network expansion continues
• Food delivery growth improving, competition broadly stable
• Quick Commerce margin recovery pushed by a few quarters
• Cut Eternal’s quick commerce adj. EBITDA estimates for FY26-27 by 15-20%
• For Swiggy, reduce quick commerce margins by 100-120 bps for FY26-27

Stock Market LIVE: Infosys Shares In Focus

Infosys has 1.02 million shares exchange hands in a block deal. The company's share price is up 5.60% at Rs 1,689.60 apiece.

Stock Market LIVE: Follow Q3 Earnings With NDTV Profit

The Q3 earnings season shifts into high gear today as India's largest corporation, Reliance Industries (RIL), joins a powerful line-up of technology majors, including Wipro, Tech Mahindra, and Tata Technologies. For RIL, the street is looking for stability rather than fireworks, with consolidated net profit expected to grow 6% to approximately Rs 19,271 crore.

Follow our sister live blog here.

Stock Market LIVE: Grasim Industries Appoints New CEO

Sachin Sahay, a senior executive at ITC to take over as chief executive of Birla Opus, the Aditya Birla Group-backed venture.

Source: Exchange Filing

Stock Market LIVE: Why Is IT Buzzing?

• Indian IT sentiment improves on strong Infosys outlook
• Infosys raises guidance, signals demand stability ahead
• TCS, HCL Tech numbers largely in line estimates
• AI revenues emerge as key incremental growth driver
• Nifty IT down 10% over last year, valuations turn attractive
• Labour code impact seen limited on margins ahead
• Wipro & Tech Mahindra results post market today, expected to maintain the momentum

Stock Market LIVE: HDFC Life Shares In Focus

HDFC Life Insurance Co has 2.41 million shares exchange hands in a block deal. The company's share price is up 1.21% at Rs 734.20 apiece.

Stock Market LIVE: Nifty, Sensex At Day's Highs

The Nifty 50 is currently trading 0.62% higher, while the Sensex is up over 600 points.

Stock Market LIVE: LTIMindtree Bags Rs 3,000-Crore Project

LTIMindtree has secured the “Insight 2.0” project from the Central Board of Direct Taxes (CBDT), marking a major milestone in India’s tax digitisation journey. The project is valued at approximately Rs 3,000 crore, to build an AI-powered program for tax analysis.

Source: Exchange filing

Stock Market LIVE: GAIL Shares In Focus

GAIL India has 4.6 million shares exchange hands in a block deal. The company's share price is up 0.33% at Rs 165.71 apiece.

Stock Market LIVE: Groww Shares Up Over 6%

Shares of Groww-parent Billionbrains Garage Ventures are up over 6% in trade on Friday after Jefferies maintained its ‘buy’ rating on Groww and raised its target price to Rs 195 from Rs 190, citing faster-than-expected traction in the company’s new ventures during the December 2025 quarter.

Jefferies highlighted that new businesses are set to become a key driver of Groww’s future growth, with the company’s product velocity model drawing parallels to Robinhood. 

Stock Market LIVE: SEBI Chief Details Equity Raised

"In April to December of FY26, Rs 3.8 lakh crore in equity in first nine months has been raised," said the SEBI Chief at Samvad 2026.

Stock Market LIVE: SEBI Chief Speaks

• Today capital formation is about converting household savings productively
• India is 4th largest country amidst global uncertainty
• Capital markets role has become the engine of capital formation

Source: Tuhin Kanta Pandey at Samvad 2026

Stock Market LIVE: Infosys Shares Surge Over 5%

Shares of Infosys Ltd. surged over 5% on Friday. The surge in the stock price comes after IT services major Infosys on Wednesday reported a 2.2 % decline in consolidated net profit to Rs 6,654 crore in the October-December quarter of FY26. The Bengaluru-headquartered firm had registered a net profit (attributable to owners of the company) of Rs 6,806 crore in the year-ago period.

Stock Market LIVE: CCPA Fines Meta, Amazon, Flipkart, Meesho Rs 10 Lakh Each For Illegal Walkie-Talkie Sales

The Central Consumer Protection Authority (CCPA) has initiated suo motu action against e-commerce platforms for listing and selling unauthorised walkie-talkies in violation of the Consumer Protection Act, 2019 and telecom laws, issuing final orders against eight entities and imposing penalties totalling Rs 44 lakh.

Notices were issued to 13 e-commerce entities -- Chimiya, JioMart, Talk Pro, Meesho, MaskMan Toys, TradeIndia, Antriksh Technologies, Vardaanmart, IndiaMart, Meta Platforms Inc. (Facebook Marketplace), Flipkart, Krishna Mart, and Amazon, following the identification of over 16,970 non-compliant product listings across platforms.

Stock Market LIVE: Kotak Mahindra Bank In Focus

Kotak Mahindra Bank has 1.49 million shares exchange hands in a block deal. The company's share price is up 0.90% at Rs 424.80 apiece.

Stock Market LIVE: L&T Receives Order From Petronet LNG

L&T gets Rs 2,500- Rs 5,000 crore from Petronet LNG for hydrocarbon business, to deliver LNG storage tank at Dahej complex.

Source: Exchange Filing

Stock Market LIVE: Investec On MCX

• Upgrade to 'buy' from 'hold', hike target price to Rs 2,900 from Rs 1,380
• The shovel in a gold rush
• MCX is witnessing an increase in trading activity
• Revenue from options is now the key driver of operating revenues
• Underlying structural drivers remain intact
• Offers significant room for sustained growth
• Expect 27%/32% Rev/EBITDA CAGR over FY26-28

Stock Market LIVE: Meesho Gets Equal-Weight Rating From Morgan Stanley

Morgan Stanley initiates coverage on Meesho with an Equal-Weight (EW) rating and a target price of Rs 169, reflecting a balanced risk-reward profile as the company scales rapidly within India's value-focused e-commerce space. Meesho has emerged as a leading player in low-cost, high-frequency online retail, targeting price-sensitive consumers across Tier‑2 regions, where the competitive intensity remains relatively limited compared to premium e-commerce categories.

The brokerage suggests that Meesho is well‑positioned to remain one of the fastest-growing companies in India's goods retail ecosystem, supported by its asset-light model, strong supply-side aggregation, and consistent improvements in customer retention. Morgan Stanley forecasts a 26% NMV (Net Merchandise Value) CAGR over FY26–28, driven by deeper penetration of fashion, beauty, and personal care, and general merchandise categories. 

Stock Market LIVE: Nifty, Sensex Trade Higher; RIL, Shriram Finance Drive Gains

The Nifty 50 opened 0.12% higher, while the Sensex opened 0.35% up.

Stock Market LIVE: Nifty Trades Higher At Pre-Open

At pre-open, the Nifty 50 was trading 0.11% higher.

Stock Market LIVE: Lumax Auto Technologies Sees Arms Merge

Arm Greenfuel Energy merges with arm Lumax Resources, NCLT Chandigarh approves merger of arms.

Source: Exchange Filing

Stock Market LIVE: Morgan Stanley Cuts Cipla Target Price

There could be tough times ahead for Cipla, with Morgan Stanley expecting the pharmaceutical giant to report weak fourth quarter earnings for the financial year ending March 2026. The brokerage firm has also cut the target price for the counter, citing the recent Lanreotide supply disruptions.

Keeping that in mind, Morgan Stanley has maintained an 'underweight' rating on Cipla, while cutting the target price from Rs 1,396 to Rs 1,292. The brokerage firm has also trimmed earnings estimates by 2% for FY26 and 1% for FY27.

Here's the whole sitch.

Stock Market LIVE: The Price Is Right, Says CLSA On Bajaj Finance

Global brokerage CLSA has reiterated its Outperform rating on Bajaj Finance, arguing that a recent correction has made the risk–reward equation increasingly attractive. In a note titled 'The price is right no.1', CLSA flagged the stock as its top pick among non-banking financial companies (NBFCs), with a target price of Rs 1,200, implying a 27% upside from current levels.

Bajaj Finance shares have corrected about 13% since the company's November results, driven largely by concerns around moderation in loan growth and margin pressures. CLSA believes the market reaction has been excessive and that the current valuation offers a compelling entry point.

Read the whole story here.

Stock Market LIVE: NTPC, Infosys, Biocon In Focus

• NTPC: The company’s arm starts operations at 300 MW part capacity of its Rajasthan solar project, which has a total capacity of 500 MW. Commercial operations began on January 13.

• Infosys: The company completes the merger of its Romania-based step-down arms, In-tech Engineering Services and ProIT SRLRO, on January 14.

• Biocon: The company concludes an equity fundraise of Rs. 4,150 crore via QIP. SBI Mutual Fund and ICICI Prudential Mutual Fund each acquire over 5% stake, while Mirae Asset Mutual Fund also gets over 5% stake.

Stock Market LIVE: F&O Cues Today

• Nifty January futures down by 0.24% to 25,728 at a premium of 63 points.

• Nifty January futures open interest down by 0.09%.

•Nifty Options on Jan 20: Maximum Call open interest at 26,000 and Maximum Put open interest at 24,500.  

Securities in ban period: SAIL, Samman Capital

Stock Market LIVE: GIFT Nifty Indicates Muted Open

The GIFT Nifty is trading at a marginal advance at 25,791 as of 07:30 a.m., indicating a muted to positive-biased open for the benchmark Nifty 50.