Indian Stock Market Summary (January 23, 2025)

Unknown Apr 02, 2026 550 Views

On January 23, 2025, the Indian stock market showed modest gains with mixed performances: Market Performance: Sensex: Closed at 76,520.38, up 115.39 points (0.15%) Nifty 50: Finished at 23,205.35, gaining 50 points (0.22%) Key Sector Movements:...

On January 23, 2025, the Indian stock market showed modest gains with mixed performances:

Market Performance:

Sensex: Closed at 76,520.38, up 115.39 points (0.15%)

Nifty 50: Finished at 23,205.35, gaining 50 points (0.22%)

Key Sector Movements:

IT and consumer durables sectors advanced

Oil & gas, private banking, and bank stocks declined.

Top 5 Gainers:

Coforge: +11.5% (boosted by strong earnings outlook)

UltraTech Cement: +6.6% (post Q3 results beat expectations)

Source: Economic times, indiatimes, AngelOne, icicidirect, moneycontrol, upstox

Hindustan Aeronautics Ltd (HAL): +5.2%

Persistent Systems: +4.8%

Bajaj Auto: +4.1%

Top 5 Losers:

Hindustan Unilever: -1% (pressure from weak FMCG performance)

State Bank of India (SBI): -0.8%

Infosys: -0.5%

ONGC: -0.4%

Reliance Industries: -0.3%

Asian Markets Overview:

Nikkei 225 (Japan): Rose by 1.17%, closing at 38,902.50, driven by optimism around AI investments.

Hang Seng Index (Hong Kong): Declined by 1.79%, finishing at 19,748.27, as investors remained cautious about China’s economic policies.

CSI 300 (China): Gained modestly by 0.45%, supported by unchanged lending rates from the People's Bank of China.

Kospi (South Korea): Fell by 0.14%, closing at 2,520.05, amid concerns over U.S.-China trade relations.

Australia's S&P/ASX 200 increased by 0.45%, closing at 8,347.40, led by mining stocks.

Key developments in Asia included the Bank of Japan's ongoing policy meeting and Malaysia's robust export growth of 16.9% in December. European Markets.

Overview:

The FTSE 100 (UK) rose by approximately 0.4%, buoyed by gains in energy and financial stocks.

The DAX (Germany) climbed by about 0.6%, supported by strong industrial output data.

The CAC 40 (France) advanced by around 0.5%, reflecting optimism in the luxury goods sector.

European markets extended gains amid positive cues from U.S.-based AI investments and anticipation of stable monetary policies from major central banks. Overall, Indian markets saw selective gains led by IT and cement sectors, while global markets reflected a mixed sentiment driven by AI optimism and geopolitical concerns in Asia and Europe.

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