After opening the day on a positive note, Indian benchmark indices declined as the session progressed and ended the day flat.

Benchmark Indian equity indices pared their early gains; however, they managed to settle in the green for the 7th consecutive session on Tuesday.

At the closing bell, the BSE Sensex closed Higher by 32 points.

Meanwhile, the NSE Nifty closed points 10 Higher.

Bajaj Finserv, HDFC bank, Infosys among the top gainers today

Coal India, Adani Ports, and Adani Enterprises, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  23,68 lower by 13 points at the time of writing.

The BSE MidCap index ended 1.1% lower, and the BSE SmallCap index ended 1.6% lower.

Sectoral indices were trading mixed today, with stocks in media and IT witnessing the most buying. Meanwhile, stocks in the energy sector and metal Sector witnessed selling pressure.

The rupee is trading at Rs 85.7 against the US$.

Gold prices for the latest contract on MCX are trading 0.1% higher at Rs 87,730 per 10 grams.

Meanwhile, silver prices were trading 0.1% higher at Rs 98,314 per 1 kg.
 

Bajaj Finserv Hits 5-Month High Mark

In the news from the financial service sector, Bajaj Finserv's stock price surged to a five-month high of Rs 1,955.5 on Tuesday, registering a 3% gain on the BSE during intraday trading. This upward momentum propelled the stock to its highest level since 3 October 2024.

Notably, Bajaj Finserv's stock had previously reached an all-time high of Rs 2,029 on 27 September 2024. Bajaj Finserv's stock has demonstrated exceptional performance, surpassing the broader market with an impressive 25% surge.

Bajaj Group's stake in its two insurance ventures will increase to 100% following the acquisition. Bajaj Finserv will hold 75 %, with Bajaj Holdings and Jamnalal Sons holding the remaining stake. The termination of the joint venture enables both groups to pursue independent strategies.

Bajaj Finserv reported a steady performance in the December 2024 quarter (Q3FY25), driven by robust growth in its lending businesses, Bajaj Finance (BFL) and Bajaj Housing Finance.

However, Bajaj Finserv's insurance subsidiaries faced regulatory and competitive challenges during the quarter, which impacted their growth. Despite these challenges, the company remains optimistic about its overall prospects, given its diversified business model and strong market position.

HDFC Bank Surges 9% In 2 Weeks

Moving on to the news from banking sector, HDFC Bank's shares continued their impressive upward trajectory for the seventh consecutive day, surging 2% to Rs 1,843.9 on the BSE) during Tuesday's intra-day trade. The stock has witnessed a remarkable rally of 9% over the past week.

In a remarkable display of strength, HDFC Bank has outperformed the broader market by a significant margin, surging nearly 30% over the past year. This impressive growth far exceeds the 8% rise in the BSE Sensex during the same period.

The latest gain in HDFC Bank's shares was triggered by the Reserve Bank of India's (RBI) announcement on Monday, introducing changes to the Priority Sector Lending (PSL) norms.

HDFC Bank's continued success can be attributed to its rock-solid financial foundation, comprising a strong capital position, exceptional asset quality, and a prudent non-specific provision buffer. This buffer, equivalent to 1.4% of its loan portfolio, provides a significant comfort level for the bank's long-term sustainability and growth prospects.

HDFC Bank is well-positioned to sustain its remarkable growth streak, driven by a combination of its robust business model, effective management, and a supportive regulatory environment.
 

Kalpataru Projects Wins Big Order

Moving on to the news from construction sector, Kalpataru Projects International's stock soared over 5.5% on Tuesday. The company, along with its subsidiaries, has secured new orders worth Rs 2.4 billion (bn), spanning multiple business segment.

Kalpataru Projects International Ltd.'s shares continued their upward momentum for the seventh consecutive day, defying the stock's year-to-date decline of 22%. Despite the recent gains, the company's stock has faced significant headwinds in 2025. In terms of market capitalization, Kalpataru Projects International Ltd has a total market cap of Rs 171.7 bn, reflecting the company's significant presence in the Indian infrastructure and construction sector.

Kalpataru Projects International Ltd reported a modest 0.58% increase in consolidated net profit for the third quarter ended 31 December 2024. The company's net profit for Q3FY25 stood at Rs 1.42 bn, driven by a notable rise in revenue during the quarter.

Kalpataru Projects International Ltd reported a robust 17.1% increase in revenue from operations for Q3FY25, reaching Rs 57.3 bn. This significant growth was driven by the company's ability to secure new projects and deliver high-quality construction services to clients.

In contrast, expenses rose at a relatively slower pace, increasing by 3.4% to Rs 5,540.7 bn for Q3FY25. This moderation in expense growth reflects the company's focus on cost optimization and efficient resource allocation.

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