Latest Stock Market News

PayPal shares fell 5% in premarket trading on Tuesday after the digital payments giant s operating margin shrank in the fourth quarter, raising concerns over the possibility of a sluggish recovery and overshadowing a strong profit forecast for 2025.

Buying was strong in banks, power, oil & gas, energy, and capital goods. SRF rose nearly 1%, M&M gained 0.6%, and Bajaj Finance closed 0.15% higher on Tuesday.

CareEgde Ratings: CareEdge and ICRA downgraded Spandana Sphoorty Financial’s debt ratings after weak Q3 results. The microfinance firm faced covenant breaches, early redemptions, and rising NPAs, posting ₹601 crore losses in FY25. Loan write-offs reached ₹971 crore, increasing credit costs.

In the Nifty 50 index, 40 stocks ended in the green, while 10 stocks closed in the red in today s trade.

Trent, Britannia, Hero MotoCorp, Nestle India and Eicher Motors were among the top losers on NSE in today s trade.

Tata Power reported a 10% rise in Q3 FY25 net profit at ₹1,187 crore, driven by strong performance in generation, transmission, distribution, and renewables. Revenue grew 5% to ₹15,391 crore, while EBITDA surged 39% with improved margins.

Gold prices extended the rally for the fifth straight session and rose Rs 500 to hit a fresh peak of Rs 85,800 per 10 grams in the national capital on Tuesday amid robust demand from jewellers and retailers, according to the All India Sarafa Association.

Titan Q3 Results: The company reported a flat profit before tax of Rs 1,396 crore for the quarter, impacted by the reduction in gold customs duty. The company stated that inventory losses from the duty change were fully realized, affecting profitability. Consolidated EBIT rose 5% YoY to Rs 1,627 crore, though EBIT margins contracted by 177 basis points to 9.2%.

Sensex surged 1,397 points to close at 78,584 on Tuesday. Five BSE 500 stocks hit their 52-week highs, signaling strong market momentum and investor confidence.

Nifty: Nifty remains in an uptrend despite recent weakness, forming a higher bottom. A breakout above 23,500-23,600 could trigger further gains. Analysts expect bullish momentum, with resistance at 23,800 and potential upside toward 24,050. Support lies at 23,200-23,250.