Share Market Highlights 14 January 2025: Sensex, Nifty see modest gains as financials recover

Sensex, Nifty updates on 14 January 2025: Indian equity markets rebounded on Tuesday, with the Nifty 50 climbing by 0.39% to 23,176.05 and the BSE Sensex increasing by 0.22% to 76,499.63, following a significant drop to seven-month lows the previous day. This recovery was mainly supported by the financial and metals sectors, as HDFC Bank and SBI gained 1% and 2.6%, respectively, while metal stocks surged by 4% after weeks of losses. Despite this uplift, concerns about slowing domestic growth, weakening corporate earnings, and outflows of $2.75 billion from Indian equities in January remain. Furthermore, the rupee continued to slide to an all-time low, heightening market anxiety. Broader indices showed better performance, with small and mid-cap stocks rising over 2%. However, IT shares lagged, chiefly due to an 8.8% drop in HCLTech following a revenue miss.

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