Top market news today - 14th January 2025

Top gainer: Adani Enterprises Limited 2,381 ▲ 155 (+7.00%)
Top loser: HCLTech 1,824 ▼ 164 (-8.28%)

:star: Shares of HCL Technologies (HCLTech), the IT services major, slipped as much as 9.63% to ₹1,797.75 apiece
Shares of HCL Technologies (HCLTech), the IT services major, slipped as much as 9.63% to ₹1,797.75 apiece on the NSE on Tuesday, January 14, a day after the company reported its December quarter (Q3 FY25) numbers. The numbers were in line with Street estimates; however, no big positive surprises or announcements, as expected by the Street, dented sentiment. The market was particularly disappointed as the company did not increase the upper band of the revenue guidance for FY25.

:star: Shares of JSW Energy surged as much as 7.3% to ₹555.55 apiece on the NSE
Shares of JSW Energy surged as much as 7.3% to ₹555.55 apiece on the NSE on Tuesday, January 14, as the company on Monday announced it has emerged as a successful applicant to acquire KSK Mahanadi Power Company, which owns 3,600 MW thermal power plants, under insolvency proceedings. This follows the approval by the Committee of Creditors, with the closure of the transaction subject to the necessary regulatory approvals from the National Company Law Tribunal and Competition Commission of India.

:star: Shares of HDFC Asset Management Company (HDFC AMC) gained up to 2.9% to ₹3,947.10 apiece
Shares of HDFC Asset Management Company (HDFC AMC) gained up to 2.9% to ₹3,947.10 apiece on the NSE. The company is slated to release its December quarter results today.