Latest Stock Market News

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.

Muthoot FinCorp launched its Tranche IV NCD issue, aiming to raise ₹400 crore with yields from 9.38% to 10.10%. The secured offering, rated CRISIL AA-/Stable, supports lending, debt refinancing, and corporate needs. Subscriptions close on February 17.

NSE Q3 Results: India s NSE reported strong YoY growth in its third-quarter numbers with a 94% surge in consolidated PAT to Rs 3,834 crore. However, sequential growth saw a hit due to reduced trading volumes and stricter Sebi norms in the futures and options segment.

DIIs share rose due to strong investments from domestic mutual funds, which infused Rs 1.54 lakh crore in Q3FY25, pushing their NSE-listed company holdings to a record 9.93%, up from 9.46%. Meanwhile, FIIs invested Rs 1,55,764 crore in the secondary market and Rs 55,582 crore in the primary market during the quarter ending December 31, 2024.

Indian indices rose, driven by gains in HDFC Bank and Reliance Industries. Key movers included Kalyan Jewellers (+12.33%), NLC India (+7.4%), Castrol India (+6.4%), Gland Pharma (-2.6%), and Tata Chemicals (-2.8%).

The Nifty Realty index closed 0.55 per cent up at 954.95.

Godrej Properties Q3 Results: Godrej Properties (GPL) on Tuesday announced its third-quarter results for the fiscal year 2025, reporting an impressive 161% year-on-year (YoY) increase in its profit after tax (PAT), which reached Rs 163 crore for the quarter.

While Sensex has gained 5% in FY25, many BSE stocks are facing challenges, with several nearing their yearly lows.