Share Market Highlights 30 January 2025: Markets extend rally to third day; Sensex rises 226 pts to close at 76,759, Nifty ends above 23,200
Updated - February 01, 2025 at 06:00 AM.
Sensex, Nifty updates on 30 January 2025: Extending the winning run to the third day, benchmark indices Sensex and Nifty closed higher on Thursday on buying in heavyweight stocks Reliance Industries, Bharti Airtel and HDFC Bank. The 30-share Sensex advanced 226.85 points or 0.30 per cent to settle at 76,759.81 in a volatile trade. During the day, it surged 429.92 points or 0.56 per cent to 76,962.88. The NSE Nifty went up by 86.40 points or 0.37 per cent to 23,249.50. From the 30-share blue-chip pack, Bharti Airtel, Power Grid, Bajaj Finance, Nestle, Mahindra & Mahindra, Reliance Industries, Asian Paints, IndusInd Bank, Hindustan Unilever and HDFC Bank were the biggest gainers. Tata Motors tanked over 7 per cent after the firm reported a 22 per cent fall in consolidated net profit for the December quarter. ITC Hotels, Bajaj Finserv, Adani Ports, Tech Mahindra, Zomato and Kotak Mahindra Bank were the other laggards. “The Indian markets concluded on a positive note despite fluctuating between gains and losses. The fall in oil prices due to a rise in US inventories and an ease in US 10-year yield after the US Fed’s hawkish view may decelerate FIIs outflow. The upcoming budget may be seen as an inflection point, which is likely to reverse the current bearish trend if the policies restore growth and consumption,” Vinod Nair, Head of Research, Geojit Financial Services, said.
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Stock Market on 30 January 2025 | Share Market Highlights - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 30th January 2025
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