Latest Stock Market News

Motilal Oswal Q3 Results: Motilal Oswal Financial Services (MOFSL) reported a 14% YoY decline in Q3FY25 net profit to ₹565 crore despite a 12% rise in revenue. Sequentially, PAT dropped 50%, while segment performance showed mixed trends.

Ambuja Cements Q3 preview: Ambuja Cements (ACL), an Adani Group company, is projected to report mixed Q3FY25 performance, with revenues estimated at ₹8,022–₹9,076 crore. PAT could decline 6.2%-32% YoY, while volumes are expected to rise.

Hindustan Zinc Q3 Results: On a sequential basis, net profit after tax gained 15% from Rs 2,327 crore reported in the preceding September quarter. Revenues, on the other hand, rose 4% quarter-on-quarter (QoQ).

The Nifty index sell-off indicates it’s still a sell-on-rise scenario, with immediate resistance at 23,100 and support at 22,850. Momentum indicators remain below oversold levels, suggesting a potential dead cat bounce. Options data for January expiry shows increased put writing at 23,000 and above, signalling support, according to Praveen Dwarakanath of Hedged.in.

Rakshit Ranjan analyzes the market amid an economic slowdown, emphasizing strong fundamentals, earnings growth, and sectoral shifts. Key focus areas include healthcare, IT, financials, and challenges in consumer and building materials sectors.

Bajaj Auto Q3 Results: Bajaj Auto on Tuesday reported 3% year-on-year (YoY) growth in its standalone net profit at Rs 2,109 crore, while revenue from operations increased 6% to Rs 12,807 crore.

Stock market: Amid selling pressure in Indian equities, many stocks signal oversold conditions, sparking speculation about a rebound. Past market bottoms in 2018 and 2022 saw similar RSI levels, which preceded strong recoveries. This suggests the current downturn could be a temporary phase rather than a prolonged bear market, according to the brokerage.

JSW Infrastructure on Tuesday reported a 32.35 per cent rise in its consolidated net profit to Rs 335.62 crore in the December quarter, driven by higher income.

The Nifty Bank index closed 1.67 per cent up at 48866.85.