Latest Stock Market News

Technology shares steadied on Tuesday, led by a modest recovery in Nvidia after its record-breaking wipeout in market value in a rout sparked by a low-cost Chinese artificial intelligence model that may threaten the dominance of U.S. rivals.

Gold prices declined by Rs 160 per 10 grams in the national capital on Tuesday, extending the losses to the second day due to sluggish demand from jewellers and retailers, according to the All India Sarafa Association.

Sajjan Jindal-led JSW Energy on Tuesday reported a 32% drop in consolidated profit at Rs 157 crore against Rs 232 Crore in the same period last year.

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.