The Indian stock market saw significant movements on January 22, 2025. Key indices like Nifty and Sensex gained, while midcap and small-cap stocks lagged. Wipro, Infosys, and Tata Consultancy Services led the top gainers, while Tata Motors and Bharat Electronics faced losses.
The financial markets in India experienced significant movements today, with major indices showing a positive trend. The Sensex gained 566.63 points, or 0.75%, to close at 75,838.36, while the Nifty rose by 130.7 points, or 0.57%, ending at 23,024.65. Notable stocks such as Wipro, Infosys, and Tata Consultancy Services saw substantial gains, while Tata Motors and Bharat Electronics were among the biggest losers.
Propelled by robust performance in some key stocks, the market also saw a drop in midcap and small-cap indices. The Nifty MidCap 50 ended the day down by 1.26%, while the Nifty Small Cap 100 index fell by 1.63%, reflecting the underperformance of smaller stocks.
Performance of Nifty and Sensex
The Nifty 50 index performed well, reaching a high of 23,169.55 during the day but dipping to a low of 22,981.3. The Sensex, similarly, showed a healthy range, peaking at 76,463.13 and dipping to 75,816.5, before closing with a notable gain.
However, the midcap and small-cap stocks lagged, with the Nifty MidCap 50 losing 1.26% and the Nifty Small Cap 100 decreasing by 1.63%. Despite the decline in smaller stocks, the market’s overall fundamentals remained strong, with the Nifty 50 showing positive returns of 9.06% over the past year.
Top Gainers and Losers
Among the top gainers on the Nifty, Wipro stood out with a 3.60% increase, followed by Infosys with a 3.10% gain and Tata Consultancy Services at 2.99%. Other gainers included Tech Mahindra and Sun Pharmaceutical Industries.
On the downside, the biggest losers were Bharat Electronics, which dropped by 3.10%, followed by Tata Motors, down by 2.37%. Other notable decliners included Trent, Power Grid Corporation of India, and Axis Bank.
The Sensex mirrored these movements, with Wipro leading the pack in gains, followed by Infosys and Tata Consultancy Services. On the other hand, Tata Motors and Power Grid Corporation of India were among the major losers in the index.
Sectoral Performance
The Bank Nifty closed at 48,570.9, up 0.03% from the previous day. Despite the positive performance of the Bank Nifty, the broader financial market reflected mixed performance across different sectors.
Stock Performance Across Exchanges
On the BSE, the top gainers included Star Cement, Elgi Equipments, and Avanti Feeds, while India Cements, Aditya Birla Real Estate, and Sunteck Realty saw significant losses. On the NSE, Elgi Equipments and Bajaj Holdings & Investment were among the top gainers, while Elecon Engineering Co and India Cements witnessed sharp declines.
In the midcap and small-cap segments, stocks like Bharat Forge, Lupin, and Indian Hotels Company gained momentum, while Polycab India, Godrej Properties, and Oberoi Realty experienced declines.
Outlook and Market Sentiment
Despite some volatility, the overall market sentiment remained positive, especially with key large-cap stocks performing well. Investors continue to keep a close eye on the upcoming corporate results and global economic developments, which could influence market trends in the coming days.
