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Indian markets logged a second day of gains on Tuesday, lifted by auto and FMCG stocks. Key movers included All Time Plastics, textile stocks, Delta Corp, BlueStone, Ola Electric, and Bajaj Holdings.

Keep an eye out for textiles, gems, leather, and shrimp export stocks after Trump imposed an additional 25% tariff on Indian goods. Titan, HPCL, and LIC, among others, are set to report their Q1 earnings later in the day.

One of the key highlights of the day was a major transaction by Bajaj Holdings and Investment Limited, which sold shares worth Rs 2,002.2 crore in Bajaj Finserv Limited through a block deal. The Sensex also moved up by 746.95 points, or 0.92 percent, to close at 82,188.99. During the trading session, both indices touched higher levels.

Bajaj Holdings and Investment and Jamnalal Sons were the sellers.

Bajaj Holdings and Investment said on Friday that it sold a 0.65% stake in financial services firm Bajaj Finserv for 20.02 billion rupees ($233.8 million) via a block deal.

Jamnalal Sons and Bajaj Holdings will sell the shares in the secondary market.

The founding firms of India’s Bajaj Finserv will sell at least a 1.58% stake they own in the financial services company in a deal worth 47.5 billion rupees ($554 million), news channel ET NOW reported on Thursday, citing sources. The firms, which include Jamnalal Sons and Bajaj Holdings and Investment, will sell the 25.3 million shares they own in the secondary market at a floor price of 1,880 rupees per share, the report said. India’s Bajaj Finance post higher quarterly profit on tax reversal, loan growth The reported floor price is at a discount to Bajaj’s closing price of 1,944 rupees on Thursday. Bajaj Finserv’s founding firms have an option to sell another 5.7 million shares, or a 0.36% stake they own in Bajaj Finserv, according to the report. Bajaj Finserv did not immediately respond to a request for comment.

Indian markets ended mildly lower on Monday with the Sensex down over 200 points and Nifty50 slipping below 25,000. Gains in healthcare, realty, and utilities were offset by losses in oil & gas, energy, and IT stocks.

Explore top performers and market insights for informed investment decisions On Wednesday, January 22, 2025, the Indian stock market exhibited a modest recovery following a significant downturn in the previous session. The benchmark indices, BSE Sensex and Nifty 50, experienced slight upticks, primarily driven by gains in the information technology (IT) and pharmaceutical sectors. Market Performance Overview At the time of writing, the Nifty 50 index rose by 0.29% to 23,092.46 points, while the BSE Sensex increased by 0.46% to reach 76,189.48 points. This recovery comes after both indices tumbled approximately 1.5% in the previous session, hitting a seven-month low due to uncertainties surrounding U.S. trade policies under President Donald Trump's administration. Sectoral Highlights Information Technology (IT) Sector: The Nifty IT index gained 0.8%, rebounding from a 1.2% decline in the prior session. Major IT firms such as Infosys, Wipro, Tata Consultancy Services (TCS), and Tech Mahindra contributed to this uptrend.