During the most recent market session, both the Sensex and Nifty closed on a positive note. The Sensex and Nifty closed higher in the latest market session, with the Sensex up 1.76% and the Nifty-50 up 1.80%. The Nifty Mid-cap Index saw a 1.63% increase while the Nifty Small-cap Index ended with a 1.49% gain. The oil and gas sector also saw growth with the Nifty Oil & Gas Index rising.

Nifty surged 385 points on Tuesday, forming a long bull candle on the daily chart and indicating a potential break above the hurdle at 21750 in the short term. The negative chart pattern is close to being reversed as the index moved above the previous lower top at 21,750 levels. The RSI oscillator suggests positive momentum but is yet to give a positive crossover on the daily chart.

Reliance Home Finance, acquired by Authum Investment last year, has received approval from the Reserve Bank of India to exit the home finance business through voluntary liquidation. The company plans to transfer all assets and liabilities to Reliance Commercial Finance, also owned by Authum. This move is part of a resolution plan where Authum has acquired Reliance Home Finance's debt.

HDFC Bank shares gained 2% to Rs 1,462 per share after RBI allowed LIC to increase its stake by another 4.8%, making them the second largest shareholder at 9.99%. This is expected to have a positive impact on the stock and experts predict a recovery of 15% in the next year. The bank is also focusing on rural and semi-urban areas for growth and LIC's gradual buyout over the next year is seen.

Power and propulsion solutions provider Rolls-Royce on Monday said it has signed an agreement with Azad Engineering for making complex defence aero-engine components in India. Under the long-term agreement, Hyderabad-based Azad Engineering will manufacture and supply complex components for defence aircraft engines and thus join the global supply chain for complex category components.

Accenture signed a digital transformation deal with Indo Count Industries to improve their business processes and optimize manufacturing, supply chain, logistics, and procurement. This will be achieved by using SAP S/4HANA Cloud to automate and digitize operations through data and analytics. This partnership aims to create greater efficiencies and value for clients by controlling all aspects.

"Bajaj Finance reports 22% increase in net profit for Q3, Byju's launches $200 million rights issue, RIL reaches record high market capitalization of Rs 19.2 lakh crore, finance ministry predicts 7% GDP growth in FY25, and other top stories this evening including GAIL's multi-fold increase in net profit and analyst expectations for healthy Q3 results from Larsen & Toubro.

Apple Inc is working towards making on-device AI a reality, allowing for more private and efficient use of AI tools compared to traditional cloud-based servers. Their advancements in chip technology and memory optimization could lead to a shift in the AI industry, benefiting not just Apple but also the environment and other players in the field.

Tamil Nadu's economy has been growing at an average rate of 11 per cent for the past decade, and is estimated to reach USD 2.6 trillion by 2047-48. To achieve this growth, the state government needs to allocate capital expenditure of USD 111 billion, which will mainly go towards infrastructure development. The services sector is currently the biggest contributor to the state's GDP.

NCLT dismissed an insolvency plea filed by lessor Wilmington Trust SP Services against SpiceJet due to unpaid dues. DGCA deregistered three planes of SpiceJet at the request of lessors. Wilmington argued that it was a trustee of Aircastle and therefore its plea was valid, but SpiceJet argued that the two were the same entity. This is the second insolvency plea against SpiceJet dismissed by NCLT.

Restaurant Brands Asia, owner of Burger King restaurants, reported a net loss of Rs 39.93 crore in the December quarter of FY24. This is an improvement from the same period last year when the company had a loss of Rs 55.89 crore. The company's total revenue increased by 14.7 percent to Rs 604.22 crore. They also announced the addition of Mr. Yash Gupta as an independent director on the Board.

Bajaj Finance reported a 22.4% increase in net profit for the October-December quarter, in line with street estimates. Analysts expect a 25% rise in net profit and a 26% increase in net interest income. Strong AUM growth and stable asset quality are expected to drive earnings. The company's AUM crossed Rs 3 lakh crore during the quarter, driven by a strong festive season.

In a letter to shareholders, Byju's founder and CEO reassured that the company was on track despite challenges. They are launching a rights issue to raise money for business operations and sustainability. The board believes this is necessary to prevent further value impairment and will offer existing shareholders the opportunity to participate.

Fonebox Retail, Delaplex, and Docmode Health Technologies' IPOs saw great demand from investors on their second day of bidding. Fonebox's IPO was subscribed 105.35 times, while Delaplex's was subscribed 18.96 times and Docmode's was subscribed 14.27 times. Retail investors played a major role in the oversubscription, buying up to 192 times the allotted quota.

Sensex and Nifty, key equity indices, saw a sharp 2% rebound on Monday due to heavy buying in Reliance Industries and positive Asian market trends. Reliance Industries contributed the most to the rally while major gainers also included Tata Motors, Power Grid, and others. However, some firms like ITC and Infosys were laggards. International markets showed mixed trends.