Top gainer: Trent 6,484 ▲ 323 (+5.25%)
Top loser: M&M 2,968 ▼ 81 (-2.67%)
Shares of BSE Ltd were trading nearly 6% higher at ₹5,770.60 apiece on the NSE
Shares of BSE Ltd were trading nearly 6% higher at ₹5,770.60 apiece on the NSE. The stock price rallied as leading brokerages were bullish on the stock. According to Jefferies, markets regulator Securities and Exchange Board of India’s (SEBI), recent measures on futures and options (F&O) trading have significantly impacted option volumes, which have dropped by 70%. Despite the decline in volumes, BSE’s premiums are down by less than 10% month-to-date in January, as traders shift towards larger average ticket sizes.
Shares of Adani Green Energy soared as much as 7.26% to ₹1,080 apiece on the NSE
Shares of Adani Green Energy soared as much as 7.26% to ₹1,080 apiece on the NSE, a day after the company said that its step-down subsidiary Adani Renewable Energy Forty Eight Limited has commissioned a 57.2 MW wind power component of its wind-solar hybrid project at Khavda, Gujarat. With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 11,666.1 MW. Last seen, the stock was trading at ₹1,041.95, up 3.49% on the NSE.
Shares of HDFC Asset Management Company (AMC) jumped as much as 6% to ₹4,096.65 apiece
Shares of HDFC Asset Management Company (AMC) jumped as much as 6% to ₹4,096.65 apiece on the NSE. The company on Tuesday, January 14, reported a net profit or profit after tax (PAT) of ₹641.5 crore for the quarter ended December 31, 2024 (Q3 FY25). The figure grew 31% year-on-year (YoY) as the company had registered a net profit of ₹489.6 crore in the year-ago period. Revenue from operations for the quarter under review came in at ₹934.3 crore, up 39% from ₹671.3 crore in the corresponding quarter of the previous fiscal year.