Stock Market Live Updates 25 June 2024: Stock to buy today: Firstsource Solutions (₹213.95): BUY

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 25th June 2024

• June 25, 2024 07:24
  

  Stock Market Live Today: Godrej Capital launches ‘Pride Capital’ to promote LGBTQIA+ inclusion in the workplace

  Godrej Capital, the financial services arm of Godrej Industries Group, has launched a month-long initiative called ‘Pride Capital’. Reaffirming its commitment to fostering an inclusive and diverse workplace, this initiative aims to promote dialogue about LGBTQIA+ inclusion in the workplace and onboard talent from the LGBTQIA+ community.

  As part of the ‘Pride Capital’ event, the company, in partnership with the Tweet Foundation, a renowned non-profit organization supporting transgender individuals, conducted an inclusive career fair. With over 240 profile screenings and hiring from the pool of people of the LGBTQIA+ community, both organisations collectively conducted interview sessions and provided candidates with insights into roles and the work culture at Godrej Capital.

• June 25, 2024 07:23
  

  Stock Market Live News: eClerx Services Limited-Buyback_Record Date and Schedule Announced

  Route – Tender 

  Buyback Price: 2,800/-

  Current Market Price: 2373.45/-

  Market Cap: Rs 11,635 Crores 

  Buyback Size: Rs 385 Crs (Representing 24.98% and 18.38% of the total paid up equity share capital and free reserves) 

  Buyback Size: 13,75,000 shares (Representing 2.80% of O/s. shares) 

  Retail Quota: 2,06,250 Shares

  Last Cum Trading Date – 03 July 2024

  Ex-Date – 03 July 2024

  Buyback Record Date: 04 July 2024

  Tender Period:

  Start Date – 09 July 2024

  Close Date – 15 July 2024

  Obligation Date – 19 July 2024 

  Settlement Date – 22 July 2024

  Entitlement: Not Yet Announced

• June 25, 2024 07:22
  

  Stock Market Live News: Apex Group issues new Holdco PIK Notes with an incremental $1.1bn from Carlyle and Goldman Sachs

  Apex Group Ltd. (“Apex”) has announced global investment firm Carlyle’s Global Credit business (“Carlyle”) and Goldman Sachs Private Credit (“Goldman Sachs”), have jointly committed in excess of $1.1bn into the global financial services provider. This commitment endorses Apex’s sustainable growth strategy, following the successful integration of a number of previous acquisitions, continued strong organic growth and technological innovations.

  Apex’s assets on platform now stand at ~$3.1tn serviced across custody, administration, depositary and under management by over 13,000 employees worldwide.

  Carlyle and Goldman Sachs have committed to Holdco PIK Notes of Apex to continue to support the company’s growth plans that will focus on optimising the current platform, strategy and combined investment in technology innovation.

  This builds on the firms’ continued relationship with Apex, following an initial Preferred Equity Note in 2020 and a follow-on issuance in 2021. Upon completion of the transaction Apex will have enhanced its financial profile, both in terms of leverage and liquidity.

• June 25, 2024 07:21
  

  Stock Market Live News: BlinkX of JM Financial has launched India’s First Gen AI Lab to Personalise Client Engagement in the Stock Broking industry

  •The lab has developed multiple AI-driven projects focused on enhancing customer experience and operational efficiencies. 

  •Additionally, the company has introduced BlinkX Insights, a GPT equivalent for financial information, empowering customers to make data-driven, AI-led decisions.

• June 25, 2024 07:20
  

  Stock Market Live News: Aditi Nayar of ICRA on BoP data

  “India’s current account turned to a welcome surplus in Q4 FY2024 after a gap of ten quarters, with the size of the same, at $5.7 billion, exceeding ICRA’s more modest expectations. The turnaround to a surplus in Q4 FY2024 from a deficit in the year-ago period, was primarily driven by a narrowing in the merchandise trade deficit print to a ten-quarter low of $50.9 billion in Q4 FY2024 from $69.9 billion in Q3 FY2024.

  Aided by a narrower merchandise trade deficit and a robust expansion in the services trade surplus, India’s current account deficit (CAD) more-than-halved to a seven-year low of $23.2 billion in FY2024 from $67 billion in FY2023. As a proportion of GDP, it eased to a mild 0.7% from 2.0% in FY2023.

  ICRA expects the CAD to rise slightly in FY2025, while remaining eminently manageable at ~1.0-1.2% of GDP, owing to a widening in the merchandise trade deficit in this fiscal, on the back of domestic demand and higher commodity prices. In particular, we have assumed an average price of the Indian basket of crude oil of $85/barrel. A CAD of 1.0-1.2% of GDP in FY2025 would be comfortably financed, particularly given the expectations of large FPI-debt inflows on account of the bond index inclusion starting end-June 2024.”

• June 25, 2024 07:19
  

  Stock Market Live News: Market at Monday’s close: Stocks activities

  Info Edge moves 3% higher on a positive note from brokerage note

  Realty stocks gain on continued healthy demand, Godrej Prop up 3% 

  HAL gains 3% as company is likely to come out of F&O ban 

  Garden Reach rises 6% as company announces an order win 

  CONCOR, NMDC & SAIL slip following rpts related to Quant MF 

  Fert stocks fall up to 9% after GST council refers exemption proposal to GoM 

  Century Textiles rises 5% after co acquires land with ₹2,500 crore rev potential

• June 25, 2024 07:18
  

  Stock Market Live News: Market at Monday’s close: Cipla closes with a cut of 2% as its Goa unit gets US FDA

• June 25, 2024 07:17
  

  Stock Market Live News: Market at Monday’s close: Shriram Fin posts another 3% gain today, up 23% this month

• June 25, 2024 07:17
  

  Stock Market Live News: Market at Monday’s close: M&M regains Friday’s losses, ends as a top Nifty gainer, up 3%

• June 25, 2024 07:16
  

  Stock Market Live News: Market @ Monday’s Close — Nifty Bank rises 43 points to 51,704 & Midcap Index 148 points to 55,577

• June 25, 2024 07:15
  

  Stock Market Live News: Securities in F&O Ban For Trade Date 25-June-2024  

  * BALRAMPUR 

  * CHAMBALFERT 

  * GNFC 

  * GRANULES 

  * INDUSTOWER 

  * PEL

  * PNB

  * SAIL

• June 25, 2024 07:14
  

  Stock Market Live News: Major U.S. listed stocks result calendar 25.06.2024

  Carnival Corporation (Pre market) (Sector – Hotels and Restaurants)

  TD SYNNEX Corporation (Pre market) (Sector – Technology)

  FedEx Corporation (Post market) (Sector – Logistics)

  Woodside Energy Group Limited (Tent) (Sector – Energy)

• June 25, 2024 07:14
  

  Stock Market Live News: Economic Calendar – 25.06.2024  

  16:30 U.S. FOMC Member Bowman Speaks

  19:30 U.S. CB Consumer Confidence (Expected: 100.2 versus Previous: 102.0)

  19:30 U.S. Richmond Manufacturing Index (Expected: 2.00 versus Previous: 0.00)

  21:30 U.S. FOMC Member Cook Speaks

• June 25, 2024 07:13
  

  Stock Market Live News: Market Mood as on 24-6-24

  BSE Sensex-30 (P/E NA) + 131 (77,341) 🔼🫤

  BSEmidcap-150 (P/E NA) + 75 (15,743) 🔼🙂

  BSE small cap-250 (P/E NA) + 1 (6,884) 🔼😐

  Nifty-50 (P/E – 22.38) + 37 (23,538) 🔼🫤

  Bank Nifty (P/E – 15.80) + 43 (51,704) 🔼😐

  India VIX + 0.88 (14.06) 🔼😕

  Fii Cash – 654 Crs 😑

  Dii Cash – 820 Crs 😑

  New 10 Yrs G’Sec. Benchmark 7.10 GS-2034 (Rs. 100.8875) YTM 6.9741 % 🔼😑

  Call 6.71 % (6.70 %) 🔼😑

  TREP 6.57 % (6.68 %) ↘️😊

  REPO 6.64 % (6.69 %) 🔽🫤

  T-Bill(3m) 6.83 % ↔️😶

  BrntCrude 85.25 $/brl ₹. 6,745 🔽

  Gold Comex 2,326 $/oz ₹/10 gms 71,713 ↘️

  Silver Comex 29.90 $/oz 89,155 ₹/kg ↘️

  $/₹ 83.46 🔼😐

  €/₹ 89.60 🔽🙁

  £/₹ 105.72 🔽😑

  Baltic Dry Index + 13 (1,997) 🔼

  DJIA Future + 98 (39,248) 🔼🫤

  US Tech 100 Future – 40 (19,665) 🔽😕

  👉Stocks V/S Bonds👈

  # Stocks 

  When you buy a stock, you are buying part of that company.

  # Bonds

  When you buy a bond, you are lending money to that company.

• June 25, 2024 06:47
  

  Stock Market Live News: Today’s Stock Recommendation: June 25, 2024

  Here’s an interesting stock idea: The stock idea that we have for you today is Firstsource Solutions. The stock has risen well breaking above a key resistance on Monday. The outlook is bullish, and the share price can go up in the coming days.

• June 25, 2024 06:39
  

  Stock Market Live News: Trading guide for June 25, 2024: Intraday supports, resistances for Nifty50 stocks

  Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI