Updated – April 25, 2024 at 09:53 AM.
Sensex, Nifty, Share Prices LIVE: The benchmark indexes are set to open marginally lower on Thursday, after gaining for four sessions in a row, with focus on Kotak Mahindra Bank after the Reserve Bank of India barred the lender from taking on new clients digitally.
tock Market today | Share Market Live Updates: Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 25 April 2024.
ALL UPDATES
- April 25, 2024 09:53
Stock market live updates: Dalmia Bharat stock falls 3% on the NSE, trading at₹1,903.95 after Q4 results
- April 25, 2024 09:52
Stock market live updates
- April 25, 2024 09:51
Stock market live updates: RITES stock rises 1.51% on the NSE, trading at ₹684.65, after signing an MoU with Damodar Valley Corporation (DVC) for rail infra works.
- April 25, 2024 09:48
Stock market live updates: Kotak Mahindra stock tanks 9.30% on the NSE, trading at ₹1,671.40 after RBI action; stock has hit 52-week low at ₹1,602.
- April 25, 2024 09:47
Stock market live updates:
Researchbytes Analyst App
https://play.google.com/store/apps/details?id=com.intelegain.rb
Conference call Replay available in Various speeds !
Researchbytes Events Update
As of 07:33 AM Thursday 25 April 2024
Can set alert for them at www.researchbytes.com
10:30 AM Dalmia Bharat
Dial: +91 22 6280 1536
Weblink: https://tinyurl.com/59xm94nx
1:00 PM Macrotech Developers
Dial: +91 22 6280 1342
Weblink: https://tinyurl.com/yjv5yeuc
2:00 PM 5paisacapital
Weblink: https://tinyurl.com/bdh26pa7
2:00 PM Agro Tech Foods
No Contact Available
Please check again for details @ www.researchbytes.com
3:00 PM Syngene International
Dial: +91 22 6280 1279
Weblink: https://tinyurl.com/yw337twr
3:30 PM MAS Financial S
Dial: +91 22 6280 1384
Weblink: https://tinyurl.com/2ra7fbr4
4:00 PM Kirloskar Pneum
Dial: +91 22 6280 1342
4:00 PM Glenmark Life
Dial: +91 22 6280 1564
Weblink: https://tinyurl.com/za4hjuwj
4:30 PM Welspun India
Dial: +91 22 6280 1342
Weblink: https://tinyurl.com/4remf8ur
4:30 PM Anant Raj
Dial: +91 22 62801384
Weblink: https://tinyurl.com/bm4952km
5:00 PM Laurus Labs
Dial: +91 22 6280 1342
Weblink: https://tinyurl.com/3tcwn279
5:00 PM Cyient
Dial: +91 22 7115 8814
Weblink: https://tinyurl.com/3v8m3t6e
5:15 PM AAVAS Financier
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/26hyuz2z
5:30 PM IndusInd Bank
(Press Release )
Dial: +91 22 6280 1102
5:30 PM Zensar Tech
Dial: 9930153832
( Hosted by Axis Capital )
6:00 PM Tech Mahindra
Weblink: https://tinyurl.com/3e4j32w5
6:00 PM Bajaj Finance
Dial: +91226280 1565
Weblink: https://tinyurl.com/5b97m4nn
7:00 PM Zensar Tech
Dial: +91 22 6280 1145
Weblink: https://tinyurl.com/nh9s6cnx
7:30 PM L and T Technolog
Dial: +91 22 6280 1176
Weblink: https://tinyurl.com/58s2pesb
LTIMindtree : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298804
Equitas Small F : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298802
Nippon : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298801
DCB Bank : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298793
MCX India : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298794
TATA Cons. Prod : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298759
Tata Elxsi : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298711
ICICI Prudential : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298731
Cyient DLM Ltd : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298706
Mahindra Logist : (replay)
https://www.researchbytes.com/webcast.aspx?WID=298685
Results today …
https://www.researchbytes.com/Default.aspx?cc=result
Recent interviews …
https://www.researchbytes.com/Default.aspx?cc=interview
Replays available at www.researchbytes.com
- April 25, 2024 09:47
Stock market live updates: Post listing view on Voda Idea FPO from Shivani Nyati, Head of Wealth, Swastika Investmart Ltd.
While Vodafone Idea’s FPO listing around Rs. 12 is a modest increase from the issue price, it reflects initial selling pressure for short-term gains. However, a drop below Rs. 11 seems unlikely given the company’s turnaround potential. Positive signs and potential post-election tariff hikes could trigger fresh buying after this initial volatility. Aggressive investors with a long-term view might consider holding onto the stock, aiming for a potential rise towards Rs. 18 in the future.
- April 25, 2024 09:46
Stock market live updates: Corporate events
ASK Auto motive: Company in joint venture pact with Japan-based Aisin Group for selling auto components for cars.
Tejas Networks: Company expects substantial benefits from PLI scheme over the next four years
Sterlite Technologies: US-manufactured fiber optic cable products are compliant with Build America, Buy America (BABA) provisions of Infrastructure Investment& Jobs Act.
Axis Bank Q4: Net profit at ₹7130 cr vs poll of ₹6215 cr, NII at ₹13089 cr vs poll of ₹12809 cr
Dalmia Bharat: Net profit at ₹320 cr vs poll of ₹272 cr, Revenue at ₹4,307 cr vs poll of ₹4,125 cr.
PVR Inox: Company launches advertising-free movie cinemas in select luxury properties.
RVNL: Company declared lowest bidder for a southern railway project worth ₹239 Cr.
RITES: Company signs MoU with DVC for Project Management Consultancy for rail infra works.
Suprajit Engineering: Inauguration of new plant of Shanghai Lone Star Cable Co. Ltd.
NALCO: KABIL signs MoU with CSIR-NGRI for geophysical investigations in critical & strategic minerals sector.
Hindustan Unilever: Net profit at ₹2,406 cr vs poll of ₹2,438 cr, Net Revenues at ₹14,857 cr vs poll of ₹14,989 cr
Syngene: Net Profit up 5.5% at ₹188.6 cr vs ₹178.7 cr, Revenue down 7.8% At ₹916.9 Cr Vs ₹994.4 Cr (YoY)
Indian Hotels Q4: Net profit at ₹418 cr vs poll of ₹405 cr, Revenue at ₹1905 cr vs poll of ₹1869 cr
Mas Financials: Net profit up 23.3% at ₹69.4 cr vs ₹56.3 cr, Revenue up 24.2% at 345.8 cr vs ₹278.5 cr (YoY)
Macrotech Developers Q4: Net profit at ₹666 cr versus ₹744 cr, revenue at ₹4,019 cr versus ₹3,255 cr YoY
Indian Bank: FSIB recommends Asheesh Pandey for the position of MD & CEO in Indian Bank.
State Bank: Financial Services Institutions Bureau (FSIB) recommends Rana Ashutosh Kumar Singh for the position of MD in State Bank of India.
Delta Corp: Company incorporates joint venture Delta Penland Private as a wholly owned subsidiary.
Jubilant Pharma: U.S. FDA inspection at Radiopharmaceuticals manufacturing facility of Canada-based unit end with 5 observations.
Reliance Industries: Company acquires 100% stake in MSKVY Nineteenth Solar SPV and MSKVY Twenty-second Solar SPV.
ITC: Company’s shareholders to meet on June 6 for hotels scheme of arrangement
AU Small Finance Bank: Net profit at ₹370.7 cr vs poll of ₹354.6 cr, Gross NPA at ₹1,237.4 cr vs ₹1,339.7 cr (QoQ)
LTIM Q4: Net profit at ₹1100 cr vs poll of ₹1130 cr, ₹ Revenue at ₹8,893 cr vs poll of ₹8,950 cr.
Kotak Mahindra Bank: Company barred by RBI from issuing new credit cards.
Vedanta: company order of temporary suspension of mining operations in respect of The A. NARRAIN iron ore mine
Oracle Financial Q4: PAT down 24% QoQ, revenue declines 10%
- April 25, 2024 09:45
Stock market live updates: Narayana Hrudayalaya purchases a 1 Acre 08 Guntas (approx. 52,272 Sq. Ft.) plot in Bengaluru for expansion; stock up 0.79% on NSE at ₹1,272.55.
- April 25, 2024 09:43
Stock market live updates: Delta Penland Pvt Ltd incorporated as wholly-owned subsidiary of Delta Corp; stock trades at ₹128.25 on the NSE, up 0.28%.
- April 25, 2024 09:42
Stock market live updates: DCM Ltd files appeal against Income Tax assessment order dated March 30, 2024 for assessment year 2019-20; stock inches up 0.38% to ₹79.75
- April 25, 2024 09:40
Stock market live updates: Adani Total Gas receives regulatory order from Petroleum and Natural Gas Regulatory Board; stock edges lower on NSE
Adani Total Gas has received a regulatory order from Petroleum and Natural Gas Regulatory Board (PNGRB), New Delhi. The board has decided to ratify/ regularise the gas pipeline laid in Mundra SEZ and charged a penalty under Section 28 of PNGRB Act. The declaration by the PNGRB will pave the way for enabling ATGL to operate the pipeline and generate revenues. ATGL stock trades at ₹917.40 on the NSE, down by 0.23%.
- April 25, 2024 09:37
Stock market live updates: Happiest Minds Technologies to acquire 100% equity share capital of PureSoftware Technologies; stock trades higher on NSE
Happiest Minds Technologies has signed agreements to acquire 100% of the equity share capital of PureSoftware Technologies Pvt Ltd for $94.5 million (₹779 crore).
Stock trades at ₹824.50 on the NSE, up 0.67%.
- April 25, 2024 09:34
Stock market live updates: Major gainers and losers on the NSE at 9.30 am
Major gainers: Axis Bank (4.40%), HCL Tech (1.11%), Eicher Motors (0.71%), Sun Pharma (0.61%), SBI (0.48%)
Major losers: Kotak Bank(-11.69%), Tata Consumers (-2.32%), LTIMindtree (-1.84%), Hindustan Unilever (-1.16%), SBI Life (-0.99%)
- April 25, 2024 09:33
Stock market live updates: Silver down at $27.30
Silver declined as geopolitical threats in the Middle East receded, reducing its attraction as a safe haven. The softer-than-expected US PMI report alleviated some fears about the sturdy economy and pushed for interest rate decreases this year. Previously, hawkish pronouncements by Fed officials and high inflation readings caused a drop in market expectations for Fed interest rate cuts, reducing demand for non-yielding products.
Markets are now looking to US GDP data on Thursday and the Fed-preferred PCE price index report on Friday to help steer the picture further.
- April 25, 2024 09:33
Stock market live updates: Gold range-bound at $2321
Gold prices remained in a tight range as investors turned to US economic data for further clarity on the Federal Reserve’s interest rate outlook. Recent statements by Federal Reserve officials suggested that there is no pressing need to lower interest rates. Traders now anticipate the first Fed rate decrease to occur in September. Meanwhile, gold faced a challenge from the shift to riskier assets as tensions in the Middle East subsided. Previously, hawkish Fed comments and an increase in prices caused investors to lower their expectations for rate cuts this year, reducing the attraction of non-yielding assets.
Markets are now looking to US GDP data on Thursday and the Fed-preferred PCE price index report on Friday to help steer the picture further.
- April 25, 2024 09:32
Stock market live updates: Geojit Financial Services on market movements
Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
“The overarching trend of this market is its bullishness despite negative triggers. The rising bond yields in the US ( the 10-yr continues above 4.6%) and geopolitical tensions are not impacting the market at all. During the last seven days FIIs sold equity worth a massive Rs 25853 crores. But the DII buying overwhelmed this FII selling and the market continued its upward momentum.
There are reports of Israel striking some sites linked to Hezbollah, but these will be ignored by the market unless it causes serious rector tensions.
The Q4 results of Axis Bank are better-than- expectations and, therefore, the market will respond to that. The valuation of Axis is attractive. The regulatory restrictions on Kotak Bank will weigh on the stock. Since the VIX is at low levels, the market will not witness any serious corrections. In the near-term, consolidation is likely.”
- April 25, 2024 09:28
Stock market live updates: CPCL posts fall in net profit in March quarter and FY24
Chennai Petroleum Corporation Ltd (CPCL) has reported a significant drop in its net profit for the March 2024 quarter and the full fiscal FY24 amid marginal improvement in physical performance. Read more
- April 25, 2024 09:27
Stock market live updates: Motilal Oswal Financial Services NCD issue: Should you invest?
Central banks globally continue to maintain a hard stance on inflation and interest rates. The US Federal Reserve has given no indication of cutting interest rates any time soon. Similar is the case with the RBI as well. Read more
- April 25, 2024 09:25
Stock market live updates: Crude oil futures crawl up, US inventories drop lower
Crude oil futures traded marginally higher on Thursday morning as official data indicated a decrease in oil inventories in the US. At 9.16 am on Thursday, June Brent oil futures were at $88.07, up by 0.06 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $82.84, up by 0.04 per cent. May crude oil futures were trading at ₹6911 on Multi Commodity Exchange (MCX) during the initial hour of trading on Thursday morning against the previous close of ₹6889, up by 0.32 per cent, and June futures were trading at ₹6876 against the previous close of ₹6864, up by 0.17 per cent.
- April 25, 2024 09:22
Stock market live updates: Stock recommendations
CITI on Kotak Mahindra BK
Neutral, TP Rs 2040
RBI Halts All Online Onboarding of New Customers & Credit Card Issuances
In 3Q, 95% of new PL, 99% of new CC, & 79% of new BL disbursed digitally
Also, 90% of new investment & 76% of FD/RD a/cs opened digitally
Credit cards portfolio constituted 3.7% of advances (up 52% YoY/10% QoQ)
This incident would adversely impact growth, NIM & fee income.
Pace of branch expansion (89 in 9M and 80 in FY23) also needs to accelerate.
CLSA on Kotak Mahindra Bk
O-P, TP Rs 2100
RBI ban
Profit impact likely to be modest unless ban stays for long
Bk’s digital platform ‘811’ has a large customer base; however, these are low-value customers.
Their contribution to total savings deposits is only 8%
Credit cards is a fast-growing segment, but contributes only 4% to the total loan book of the bank.
Given it is a higher- ROA business, profit contribution would be in high-single digits
Jefferies on Kotak Mahindra BK
Hold, TP cut to Rs 1970
RBI pointed to material gaps in Bank’s digital & security platforms
Been asked to stop
1)onboarding new customers on online/mobile channels
2)issuing new credit cards
If resolution takes >6mths, it could affect rev & costs
Axis BK Review
MS
OW, TP Rs 1450
PBT ex capital gains 4% above MSe helped by beat on NII/ fees
Avg deposit growth 5% QoQ – a +ve amid tight liquidity situations
RoA remains strong; CET 1 ratio improved QoQ by 4bp to 13.7%
Deposit growth acceleration next key re-rating catalyst
Jefferies
Buy, TP Rs 1380
4Q surprised +vely with 13% beat on profit est (+8% YoY) aided by better NIMs, higher fees & stable credit costs.
Even as loan growth stays softer in FY25, to improve LDR, margins can offset some impact
Vals @1.7x FY25 Adj PB attractive
CLSA
Buy, TP Rs 1310
LDR down 250bps, NIM improved sequentially
Deposit growth healthy 6% QoQ, with CASA ratio modestly improving.
Margins improved 5bps QoQ, contrary to fears of a decline
AU Small BK Review
MS
OW, TP Rs 850
F4 PBT 14% above MSe.
Mainly led by lower provisions (0.7% vs. MSe of 0.9%).
Core PPoP grew 15% YoY & 6% above MSe – NII was in line, fee income beat was partly offset by higher opex.
Avg. LCR stood at 117% vs. 123% last qtr.
Nomura
Neutral, TP Rs 625
4Q24: NIMs decline sharply; higher fee income aids PPOP
Build in RoE of 13-14% over FY25-26F
Higher fee income offset sharp fall in NIMs
Strong loan and deposit growth; slippages moderate
LTIMindtree Review
GS
Buy, TP Rs 5770
Rev miss(-1.3% qoq in 4Q vs GSe at-0.5%)
Commentary suggests continued weakness in discretionary enterprise spend & no meaningful change in overall demand environment
LTIM expects growth to return from next qtr.
MS
EW, TP cut to Rs 4600
Expectation of growth returning from 1Q & continued strong net income conversion to FCF are +ves.
Stock has underperformed YTD, but material uptick in growth in F25 vs F24 requires superior execution
Nomura
Reduce, TP Rs 4170
4Q misses est., margin guidance pushed out
No meaningful recovery in sight
Sequential growth from 1QFY25E; however, growth acceleration unlikely in FY25F
Margin disappoints again
Lower FY24-26F EPS by 4-8%
HSBC
Hold, TP cut to Rs 5380
LTIM reported another weak quarter as both revenues & margins missed expectations in 4Q FY24
Management was slightly more positive on FY25 growth, though stayed negative on margin outlook
MS on Indian Hotels
OW. TP Rs 529
F4Q24 EBITDA missed MSe
Core business remains on track, but weakerthan-expected numbers in international subsidiaries drove miss.
Continued demand & muted supply growth in core markets, multibrand portfolio, & strong FCF keep us OW
HSBC on HUL
Hold Call, Target Rs 2,300
Q4 Volume/Underlying Sales Growth Of 2%/1% A Tad Below Expectations
Modest EBITDA Margin Decline On High A&P
Amid Poor Demand & Rise In Local Competition, Co Delivered Modest FY24 Volume Growth
Amid Poor Demand & Rise In Local Competition, Co Delivered Earnings Growth Of 1%
Outlook Appears Uncertain And Growth Lacklustre
HSBC on Nippon AMC
Buy Call, Target Rs 665
Q4 Market Share Gains In New Inflows & Equity AUM
Lower Than Expected Income Yield Compression Were Positives
Increase FY25/26 EPS Estimates By 5.4%/1.6% To Factor In AUM Mix Change Yield Profile
Revenue Pressure Could Be Partly Offset By Efficiency Gains
Nomura on Zydus Life
Buy Call, Target Rs 988
US FDA Issued 10 Observations For Jarod Injectable Site
Details Of Observations Are Not Yet Known, But There are Concerns Among Concerns
Concerns Are There Given Relatively Large Number Of Observations
Concerns Are There Given Relatively High Risk Of Compliance Failures For Injectable Sites
Jarod Is One Of Co’s Three Injectable Manufacturing Facilities That Caters To US Market
Jarod Also Contributes 3% Of US Revenue
Jarod Manufactures Non-pncology Injectable
- April 25, 2024 09:20
Stock market live updates: Fund house recommendations
UBS on Godrej CP: Maintain Buy on Company, raise target price at Rs 1450/sh (Positive)
MS on Dalmia Bharat: Maintain Overweight on Company, target price at Rs 2450/Sh (Positive)
Macquarie on Axis Bank: Maintain Outperform on Bank, target price at Rs 1300/sh (Positive)
Jefferies on Axis Bank: Maintain Buy on Bank, target price at Rs 1380/sh (Positive)
Nuvama on Axis Bank: Maintain Buy on Bank, target price at Rs 1270/sh (Positive)
CLSA on Axis Bank: Maintain Buy on Bank, target price at Rs 1310/sh (Positive)
MS on Axis Bank: Maintain Overweight on Bank, target price at Rs 1450/sh (Positive)
MS on AU Bank: Maintain Overweight on Bank, target price at Rs 850/sh (Positive)
MS on Indian Hotels: Maintain Overweight on Company, target price at Rs 529/sh (Positive)
Investec on Indian Hotels: Maintain Buy on Company, raise target price at Rs 626/sh (Positive)
MOSL on Voltas: Maintain Buy on Company, target price at Rs 1650/sh (Positive)
HSBC on Nippon AMC: Maintain Buy on Company, target price at Rs 665/sh (Positive)
Investec on Auro Pharma: Maintain Buy on Company, target price at Rs 1350/sh (Positive)
MS on Macrotech: Maintain Equal weight on Company, target price at Rs 1050/Sh (Neutral)
Jefferies on Macrotech: Maintain Buy on Company, target price at Rs 1380/Sh (Neutral)
GS on HUL: Maintain Neutral on Company, cut target price at Rs 2475/sh (Neutral)
Emkay on HUL: Maintain Add on Company, target price at Rs 2500/sh (Neutral)
JP Morgan on IDFC First: Initiate Neutral on Company, target price at Rs 75/sh (Neutral)
NOMURA on AU Bank: Maintain Neutral on Bank, target price at Rs 625/sh (Neutral)
NOMURA on Zydus Life: Maintain Buy on Company, target price at Rs 988/sh (Neutral)
HSBC on LTIM: Maintain Hold on Company, cut target price at Rs 5380/sh (Neutral)
MS on LTIM: Maintain Equal Weight on Company, target price at Rs 4600/sh (Neutral)
Bernstein on Kotak Bank: Maintain Market perform on Bank, target price at Rs 2100/sh (Neutral)
CLSA on Kotak Bank: Maintain Outperform on Bank, target price at Rs 2100/sh (Neutral)
Citi on Kotak Bank: Maintain Neutral on Bank, target price at Rs 2040/sh (Neutral)
Jefferies on Kotak Bank: Maintain Hold on Bank, cut target price at Rs 1970/sh (Negative)
Macquarie on Kotak Bank: Maintain Neutral on Bank, target price at Rs 1860/sh (Negative)
Citi on LTIM: Maintain Sell on Company, cut target price at Rs 4165/sh (Negative)
JP Morgan on LTIM: Maintain Neutral on Company, cut target price at Rs 4900/sh (Negative)
Jefferies on LTIM: Maintain Underperform on Company, cut target price at Rs 3960/sh (Negative)
Nomura on LTIM: Maintain Reduce on Company, cut target price at Rs 4170/sh (Negative)
- April 25, 2024 09:19
Stock market live updates: LOT SIZE OF 42 STOCKS REVISED DOWNWARDS
Source: NSE
Company
Present
Market Lot
Revised
Market Lot
ABBOTT INDIA LIMITED
40
20
ADANI PORT & SEZ LTD
800
400
ALKEM LABORATORIES LTD.
200
100
AMBUJA CEMENTS LTD
1800
900
AUROBINDO PHARMA LTD
1100
550
BHARAT ELECTRONICS LTD
5700
2850
BHARTI AIRTEL LIMITED
950
475
BHEL
5250
2625
BOSCH LIMITED
50
25
BHARAT PETROLEUM CORP LT
1800
900
CANARA BANK
2700
1350
DLF LIMITED
1650
825
EXIDE INDUSTRIES LTD
3600
1800
HCL TECHNOLOGIES LTD
700
350
HDFC AMC LIMITED
300
150
HERO MOTOCORP LIMITED
300
150
HINDUSTAN COPPER LTD
5300
2650
HINDUSTAN PETROLEUM CORP
2700
1350
VODAFONE IDEA LIMITED
80000
40000
THE INDIAN HOTELS CO. LTD
2000
1000
INDIAN OIL CORP LTD
9750
4875
JINDAL STEEL & POWER LTD
1250
625
JK CEMENT LIMITED
250
125
LIC HOUSING FINANCE LTD
2000
1000
LARSEN & TOUBRO LTD.
300
150
L&T TECHNOLOGY SER. LTD.
200
100
LUPIN LIMITED
850
425
MANAPPURAM FINANCE LTD
6000
3000
MULTI COMMODITY EXCHANGE
400
200
MAHANAGAR GAS LTD.
800
400
NATIONAL ALUMINIUM CO LTD
7500
3750
NESTLE INDIA LIMITED
400
200
NTPC LTD
3000
1500
ORACLE FIN SERV SOFT LTD.
200
100
OIL AND NATURAL GAS CORP.
3850
1925
STEEL AUTHORITY OF INDIA
8000
4000
SBI LIFE INSURANCE CO LTD
750
375
STATE BANK OF INDIA
1500
750
SUN PHARMACEUTICAL IND L
700
350
TATA CONSUMER PRODUCT LTD
900
450
TORRENT PHARMACEUTICALS L
500
250
TRENT LTD
400
200
- April 25, 2024 09:12
Stock market live updates: Markets set to open lower; Kotak Mahindra Bank in focus
The benchmark indexes are set to open marginally lower on Thursday, after gaining for four sessions in a row, with focus on Kotak Mahindra Bank after the Reserve Bank of India barred the lender from taking on new clients digitally. Read more
- April 25, 2024 09:00
Stock market updates today: IPO screener: JNK India issue closes today
The initial public offering of heating equipment maker JNK India Ltd will close today. The IPO was subscribed 1.03 times so far. Read more
- April 25, 2024 08:29
Stock market live updates:
- April 25, 2024 08:28
Stock market live updates: Stocks that will see action today (April 25)
The RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect, after the regulator found “serious deficiencies” in the lender’s IT risk management. These actions, the RBI said, were necessitated based on concerns arising out of Reserve Bank’s IT examination for 2022 and 2023, and the bank’s failure to address these concerns in a comprehensive and timely manner. Read more
- April 25, 2024 08:23
Stock market live updates: Dividend Dates
ICICI Securities Ltd
Dividend Per Share Rs.17
Previous day Closing Price – Rs. 732.45
Ex-Dividend 26 April 2024 (Tomorrow)
Last date for Cum-Dividend Today
- April 25, 2024 07:39
Stock market live updates: Securities in F&O Ban For Trade Date 25-April-2024
* ABFRL
* HINDCOPPER
* SAIL
- April 25, 2024 07:30
Stock market live updates: RBI Deputy Governor T Rabi Sankar Gets One Year Tenure Extension
The Appointments Committee of the Cabinet (ACC) has approved the re-appointment of RBI Deputy Governor T Rabi Sankar for one year from May 3 this year. Read more
- April 25, 2024 07:29
Stock market live updates: IHCL net up 27%, plans ₹3,500 crore capex over five years
Indian Hotels Company Limited (IHCL) will invest ₹3,500 crore over the next five years towards key assets upgradation, building digital capabilities and select new projects, the company announced on Wednesday after declaring its fourth quarter result. Read more
- April 25, 2024 07:15
Stock market live updates: Motilal Oswal AMC elevates Prateek Agrawal as MD
Motilal Oswal Asset Management Company has elevated Prateek Agrawal as MD & CEO with effect from Friday. He will take charge from Navin Agarwal, who will return to the parent company. Read more
- April 25, 2024 07:14
Stock market live updates: Tamilnadu Petro ropes in EY-Parthenon to drive carbon-neutral initiatives
Tamilnadu Petroproducts Ltd (TPL) has appointed EY-Parthenon, a strategy consultancy firm, to drive its carbon-neutral and sustainability goals. Read more
- April 25, 2024 07:02
Stock market live updates: Axis Bank posts ₹7,130-crore PAT in Q4 on healthy deposit, margin growth
Axis Bank posted a net profit of ₹7,130 crore for Q4 FY24 compared with a net loss of ₹5,728 crore in the year ago period. Sequentially, the profit after tax was 17 per cent higher. Read more
- April 25, 2024 07:01
Stock market live updates: GIFT City emerging as a game-changer for trade finance
Export firms face credit constraints, including access, volume, cost, and maturity mismatch. As India’s integration into the global economy rises, the lack of trade finance aggravates business fluctuations and global shocks. While currency depreciation theoretically boosts exports, a lack of trade finance prevents export firms from capitalising on such opportunities. Read more
- April 25, 2024 07:00
Stock market live updates: Hinduja Group likely to seek extension from RBI on transfer of RCap to IIHL
Hinduja Group’s IndusInd International Holdings (IIHL) is expected to seek a six-month extension from the Reserve Bank of India for the proposed transfer of control of Reliance Capital, sources told businessline. Read more
- April 25, 2024 06:58
Stock market live updates: RBI bars Kotak Mahindra Bank from onboarding new customers through online & mobile channels
The Reserve Bank of India has barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards for failing to build IT systems and controls commensurate with its growth leading to serious deficiencies and non-compliances with regulatory requirements. Read more
- April 25, 2024 06:56
Stock market live updates: Q4 Result on 25th April :
UTI asset management
KPI Green
Laurus lab
Kirloskar pneumatic
L& T technology
Quick heal tech
Wardwizard innovations
Wendt india
Schaeffler india
Coromandel international
Zensar tech
Indusind bank
Cyient ltd
Som distillaries
Agarwal’s eye hospital
Tanla platform
Olectra greentech
Himadri speciality
Gayatri sugar
Enkei wheels
Tech mahindra
Welspun living
Mphasis ltd
Jai balaji ind
Vedanta ltd
Bank of maharastra
Bajaj finance
Avantel ltd
ACC ltd
- April 25, 2024 06:55
Stock market live updates: 4QFY24 Results, Press Release & Investor Presentation
Axis Bank 4QFY24 Earnings
Financial Results
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/7c90756f-dc8a-478b-bb26-0bb1cdfa42a7.pdf
Press Release and Presentation
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/447bbcb4-3eda-40c4-a079-f4c3f850db5f.pdf
- April 25, 2024 06:48
Stock market live updates: Today’s Stock Recommendation: 25th April 2024: Jindal SAW (₹533.65): BUY
- April 25, 2024 06:46
Stock market live updates: Markets at close on 24-04-2024
Closing Bell:
* Sensex: 73852.94(+114.49)
* Nifty 50: 22402.40(+ 34.40)
* Nifty bank: 48189.00 (+218.55)
Nifty top 5 Gainers:
* Hindalco: 636.10 (+24.30)
* Cipla: 1,398.20 (+51.50)
* JSW Steel: 882.70(+ 31.35)
* Tata Steel: 165.55 (+4.40)
* Power Grid Corp: 290.40 (+5.05)
Nifty top 5 losers:
* Tata cons products: 1,110.15 (-63.20 )
* Grasim: 2,337.75 (-32.40 )
* Tech Mahindra: 1,185.70 (-14.55 )
* HDFC Life: 594.20 (-6.95)
* TCS: 3,831.05 (-43.65)
Fund Flow Activity:
24 April 2024 (In Cr)
Turnover: (NSE + BSE)
Cash Volume: 103160.75 + 7021.24 Total: 110181.99
F&O Volume: 551317.63 + 248414.37 Total: 799732
Provisional Cash Rs. In Crs.
FII/FPI: NET SELL: -2511.74
(10242.95 – 12754.69)
DII: NET BUY: +3809.9
(12601.22 – 8791.32)
- April 25, 2024 06:45
Stock market live updates: Major U.S. listed stocks result calendar 25.04.2024
Merck & Company, Inc. (Pre market) (Sector- Healthcare)
Astrazeneca PLC (Pre market) (Sector- Healthcare)
Caterpillar, Inc. (Pre market) (Sector- Capital Goods)
Comcast Corporation (Pre market) (Sector- Technology)
Union Pacific Corporation (Pre market) (Sector- Logistics)
S&P Global Inc. (Pre market) (Sector- Financials)
Honeywell International Inc. (Pre market) (Sector- Technology)
Sanofi (Pre market) (Sector- Healthcare)
Bristol-Myers Squibb Company (Pre market) (Sector- Healthcare)
Altria Group (Pre market) (Sector- Manufactures)
Northrop Grumman Corporation (Pre market) (Sector- Defense)
Valero Energy Corporation (Pre market) (Sector- Energy)
Pacific Gas & Electric Co. (Pre market) (Sector- Energy)
Carrier Global Corporation (Pre market) (Sector- Capital Goods)
Hess Corporation (Pre market) (Sector- Energy)
W.W. Grainger, Inc. (Pre market) (Sector- Capital Goods)
Newmont Corporation (Pre market) (Sector- Metals)
Keurig Dr Pepper Inc. (Pre market) (Sector- Manufacturing)
Dow Inc. (Pre market) (Sector- Chemicals)
GE Vernova Inc. (Pre market) (Sector- Energy)
Barclays PLC (Pre market) (Sector- Financials)
STMicroelectronics N.V. (Pre market) (Sector- Technology)
Nasdaq, Inc. (Pre market) (Sector- Financials)
Royal Caribbean Cruises Ltd. (Pre market) (Sector- Hotels)
Xcel Energy Inc. (Pre market) (Sector- Energy)
Tractor Supply Company (Pre market) (Sector- Retail)
West Pharmaceutical Services, Inc. (Pre market) (Sector- Healthcare)
Willis Towers Watson Public Limited Company (Pre market) (Sector- Financials)
Teck Resources Ltd (Pre market) (Sector- Metals)
Mobileye Global Inc. (Pre market) (Sector- Technlogy)
Tradeweb Markets Inc. (Pre market) (Sector- Financials)
Dover Corporation (Pre market) (Sector- Capital Goods)
First Citizens BancShares, Inc. (Pre market) (Sector- Financials)
DTE Energy Company (Pre market) (Sector- Energy)
ASE Technology Holding Co., Ltd. (Pre market) (Sector- Technology)
Reliance, Inc. (Pre market) (Sector- Financials)
Textron Inc. (Pre market) (Sector- Defense)
Check Point Software Technologies Ltd (Pre market) (Sector- Technology)
CMS Energy Corporation (Pre market) (Sector- Energy)
Southwest Airlines Company (Pre market) (Sector- Aviation)
EMCOR Group, Inc. (Pre market) (Sector- Healthcare)
Pool Corporation (Pre market) (Sector- Miscellaneous)
Lincoln Electric Holdings, Inc. (Pre market) (Sector- Capital Goods)
TransUnion (Pre market) (Sector- Financials)
A.O. Smith Corporation (Pre market) (Sector- Capital Goods)
International Paper Company (Pre market) (Sector- Packaging)
Allegion plc (Pre market) (Sector- Technology)
TechnipFMC plc (Pre market) (Sector- Energy)
Microsoft Corporation (Post market) (Sector- Technology)
Alphabet Inc. (Post market) (Sector- Technology)
T-Mobile US, Inc. (Post market) (Sector- Telecom)
Intel Corporation (Post market) (Sector- Technology)
KLA Corporation (Post market) (Sector- Technology)
Gilead Sciences, Inc. (Post market) (Sector- Healthcare)
Capital One Financial Corporation (Post market) (Sector- Financial)
Edwards Lifesciences Corporation (Post market) (Sector- Healthcare)
DexCom, Inc. (Post market) (Sector- Healthcare)
Atlassian Corporation (Post market) (Sector- Technology)
L3Harris Technologies, Inc. (Post market) (Sector- Technology)
Agnico Eagle Mines Limited (Post market) (Sector- Metal)
Hartford Financial Services Group, Inc. (Post market) (Sector- Financial)
Fair Isaac Corporation (Post market) (Sector- Technology)
AvalonBay Communities, Inc. (Post market) (Sector- Realty)
ResMed Inc. (Post market) (Sector- Healthcare)
Weyerhaeuser Company (Post market) (Sector- Realty)
[6:27 am, 25/4/2024] KS BadriNarayanan: FirstEnergy Corp. (Post market) (Sector- Energy
Western Digital Corporation (Post market) (Sector- Technology)
Principal Financial Group Inc (Post market) (Sector- Financial)
Cincinnati Financial Corporation (Post market) (Sector- Financial)
VeriSign, Inc. (Post market) (Sector- Technology)
Snap Inc. (Post market) (Sector- Technology)
Carlisle Companies Incorporated (Post market) (Sector- Construction)
Erie Indemnity Company (Post market) (Sector- Financial)
TFI International Inc. (Post market) (Sector- Logistics)
Gaming and Leisure Properties, Inc. (Post market) (Sector- Realty)
Juniper Networks, Inc. (Post market) (Sector- Technology)
TotalEnergies SE (TENT) (Sector- Energy)
Southern Copper Corporation (TENT) (Sector- Metal)
Deutsche Bank AG (TENT) (Sector- Financial)
Rockwell Automation, Inc. (TENT) (Sector- Capital Goods)
Shinhan Financial Group Co Ltd (TENT) (Sector- Financial)
- April 25, 2024 06:44
Stock market live updates: Economic Calendar – 25.04.2024
18:00 U.S. Advance GDP (Expected: 2.5% versus Previous: 3.4%)
18:00 U.S. Unemployment Claims (Expected: 214k versus Previous: 212k)
19:30 U.S. Pending Home Sales m/m (Expected: 0.3% versus Previous: 1.6%)
- April 25, 2024 06:43
Stock market live updates: Stock to buy today: Jindal SAW (₹533.65): BUY
The upmove in the stock of Jindal SAW is gaining momentum. The stock had surged about 7.5 per cent on Wednesday. This rise has taken the share price well above an intermediate resistance level of ₹518. The short-term outlook is bullish. Positive move average cross overs on the daily chart also strengthens the bullish case. Support will now be in the ₹518-₹515 region which can now limit the downside. Read more
You might also like
You might also like
Sign into Unlock benefits!
- Access 10 free stories per month
- Access to comment on every story
- Sign up/Manage to our newsletters
- Get notified by email for early preview to new features, discounts & offers
${ ind + 1 } ${ device }Last active – ${ la }
