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Indian markets extended gains for the third consecutive day, with Sensex up 200 points and Nifty closing near 23,250. Healthcare, realty, and energy stocks saw buying, while auto and IT lagged. Bajaj Finance, SRF, and Zensar Technologies hit fresh highs.

Indian markets closed higher for the third straight session, driven by gains in pharma and FMCG stocks. Nifty showed strong momentum but faces resistance near 23,300, with support at 23,200. Sensex rose 226.85 points, while Nifty gained 86.40 points.

The Moon and Saturn are in Aquarius, while the Sun and Mercury remain in Capricorn. Venus and Rahu stay in Pisces, and Jupiter continues in Taurus. Mars is in Gemini, and Ketu in Virgo. These planetary positions indicate mixed market trends, with movement — up or down — depending on Friday’s market opening.

Adani Power Ltd posted a 7.4% rise in consolidated net profit at Rs 2,940.07 crore for the December quarter, with revenue up 11% at Rs 14,833 crore. The company approved a Rs 5,000 crore fund raise via QIP and increased the NCD limit to Rs 11,000 crore.

Vedanta’s Q3FY25 YoY net profit growth is expected to be in high double digits, according to two brokerages, while one predicts a decline in the consolidated bottom line. Estimates from Kotak Institutional Equities, Nuvama Institutional Equities, and Antique Stock Broking vary, with Kotak the most bullish on revenue and PAT, while Antique holds the most conservative outlook.

The Nifty IT index closed 1.14 per cent down at 42426.65.

Nifty closed positively at 23,250, with India VIX dropping 6.7%, indicating lower volatility. Analysts see support at 23,000 and resistance at 23,340-23,500, favoring a buy-on-dips strategy amid pre-budget optimism in infrastructure and consumer stocks.

Waaree Energies’ Q3FY25 revenue from operations rose 117% YoY to Rs 3,457 crore from Rs 1,596 crore. Sequentially, PAT grew 36% from Rs 362 crore in Q2FY25, while revenue declined 3.2% from Rs 3,574 crore in the July-September quarter.

Indian indices ended higher, driven by financial stocks and Reliance Industries. Key movers included Hitachi Energy, JBM Auto, SRF, Granules India, and Tata Motors, while Whirlpool and Voltas saw significant declines.