- Sensex gains 227 points, Nifty up by 86 points, marking a third consecutive gain.
- BEL and Dabur shine on the Nifty; Tata Motors drops 7% after weak Q3 earnings.
- Voltas and Whirlpool see significant declines, with the latter dropping 20%.
The Indian stock market closed on a positive note on January 30, 2025, with both the Sensex and Nifty ending in the green. The Sensex gained 227 points to reach 76,760, while the Nifty rose by 86 points to close at 23,250. Bharat Electronics Ltd. (
However, the session was marked by some notable declines, particularly in Tata Motors, which slumped by 7% following disappointing Q3 results.
Indian Stock Market Ends Strong; Tata Motors’ Slump Overshadows Some Gains
On January 30, the Indian stock market showed strength, with the Sensex climbing 227 points and the Nifty gaining 86 points. This marks a third consecutive day of upward momentum for the Nifty, supported by gains in key stocks like BEL and Dabur. BEL led the Nifty gainers after strong performance, while Dabur saw a positive reaction from investors due to optimistic commentary about the urban market recovery.
Despite the overall positive trend, certain stocks underperformed. Tata Motors, one of the top losers, saw a significant drop of 7% after reporting weak Q3 earnings. Voltas, another notable laggard, declined 13% following disappointing results. Whirlpool also saw a drastic 20% drop due to its parent company’s decision to reduce its stake further, signaling investor concerns.
The market breadth favored advances with a 4:3 advance-decline ratio, indicating that more stocks gained than lost. This positive momentum was visible in sectors like pharma, FMCG, and oil & gas, which showed solid gains. Additionally, stocks such as SRF, MGL, and KPIT benefited from positive management commentary, contributing to the overall market performance.
While midcap and smallcap stocks underperformed slightly, the market’s overall resilience was reflected in sectors like Nifty Realty, which gained nearly 2%, led by Brigade’s 5% rise. Investors also showed interest in the Nifty Metal index, which gained 0.7%, providing further support to the market.
Despite some weak earnings reports from key stocks like Tata Motors, the Indian stock market ended the day in the positive, supported by gains in pharma, FMCG, and oil & gas sectors.
“In a market driven by earnings reactions, a few weak results can overshadow broad gains, as seen with Tata Motors and Whirlpool today.”
