News for JSW Holdings Limited (JSWHL.BO)

The Nifty Realty index was trading 2.51 per cent up at 819.8.

The Nifty Bank index was trading 0.59 per cent down at 47932.5.

The Nifty Auto index was trading 0.4 per cent down at 20670.1.

The Nifty IT index was trading 1.62 per cent down at 37034.55.

Nitiraj Engineers, AXISCADES Engg Tech, JSW Holdings, Blue Coast Hotel and Bohra Industries, hit their fresh 52-week highs at 10:29AM.

IndusInd Bank, Infosys, M&M, Wipro and Tech Mahindra were among the top losers on NSE.

According to market experts, global headwinds continue to weigh on the domestic market, with persistent volatility causing uncertainty among retail investors, who generally have a lower risk appetite.

At the closing bell, the 30-share Sensex tumbled 856.65 points, or 1.14 per cent, to close at 74,454.41. The index fluctuated between 74,907.04 and 74,387.44 during the intra-day trading session.

Top Nifty 50 gainers: Dr Reddy’s, Mahindra & Mahindra, Eicher Motors, Nestle India, Tata Consumer; IT stocks lagged.

Power Grid, Gland Pharma, Lupin, Godrej Properties, Garden Reach, JK Tyres, DOMS Industries, Castrol India and more will be in the spotlight on Tuesday, February 04.

This week, 748 companies will announce quarterly earnings, with key results expected from Asian Paints, Titan, Airtel, SBI, M&M, ITC, and LIC. Sector highlights include Power Grid, Divi's Labs, Tata Power, and Bharti Airtel, among others. Notable earnings announcements span from February 3 to February 8, indicating a busy week for the markets.

Seventeen smallcap stocks have turned multibaggers since Modi 3.0's first budget, delivering over 100% returns despite a market downturn. Companies like Marsons, Pacheli Industrial Finance, and Kitex Garments lead the gains, with notable rallies of over 200%. Investors are advised to moderate return expectations while adopting a

Shakti Pumps (India) Ltd, now commands m-cap of Rs 12,156.90 crore ($1.43 billion), as the stock climbed 494 per cent in 2024 to Rs 1,011.30 apiece against Rs 170.18 per share at 2023 end.

Despite a significant correction in the Indian stock market, approximately 29 small-cap stocks have shown resilience, delivering returns of up to 118%. This impressive performance comes amidst global economic uncertainty and weak second-quarter results. Analysts suggest a cautious approach, recommending selective investment in small-cap stocks with strong fundamentals and growth potential.

The Nifty Bank index closed 0.18 per cent at 50179.55.

Banco Products, Kiri Industries, Garware Poly, JSW Holdings and SaskenTech, hit their fresh 52-week highs during the day.

The Nifty Pharma index closed 0.26 per cent at 21752.00.

The Nifty Realty index closed 1.03 per cent at 946.95.

HUL, Tata Consumer, Britannia, BPCL and Nestle India were among the top losers on NSE in today's trade.