Stock Market LIVE Updates: GIFT Nifty indicates a flat start; US, Asian markets gain

Aug 12, 2024
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HomeNewsBusinessMarketsStock Market LIVE Updates: Sensex rises 230 pts, Nifty above 24,400; JSW Steel, Infosys, Axis Bank among top gainers

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Sensex Today | Stock Market LIVE Updates: BSE Midcap index is trading flat, while smallcap index up 0.6 percent, Among sectors, power, PSU Bank and media down 0.5-1 percent, while bank, IT, metal and realty up 0.5 percent each.

August 12, 2024 / 12:51 IST

  • Stock Market LIVE Updates: Sensex rises 230 pts, Nifty above 24,400; JSW Steel, Infosys, Axis Bank among top gainers

    Stock Market Today

    Moneycontrol.com

  • August 12, 2024 / 12:51 PM IST

    Stock Market LIVE Updates | Bajaj Consumer Care shares fall as Q1 profit dips 19%

    #1 Profit tanks 19.7 percent to Rs 37.1 crore Vs Rs 46.2 crore, YoY

    #2 Revenue declines 9 percent to Rs 245.9 crore Vs Rs 270.2 crore, YoY

  • August 12, 2024 / 12:46 PM IST

    Stock Market LIVE Updates | ONGC to infuse additional capital of up to Rs 10,501 cr in ONGC Petro Addition

    The company has received approval from the Government of India for the infusion of additional equity capital of up to Rs 10,501 crore in ONGC Petro Additions (OPaL), conversion of backstopped Compulsorily Convertible Debentures (CCDs) amounting to Rs 7,778 crore, and balance payment of Rs 86 crore with respect to share warrants, totaling Rs 18,365 crore.

    This will change the status of OPaL into a subsidiary of ONGC with a 95.69% equity stake.

  • August 12, 2024 / 12:44 PM IST

    Earnings Watch | Cera Sanitaryware Q1 net profit down 16.5% at Rs 47 crore Vs Rs 56.3 crore, YoY 

  • August 12, 2024 / 12:43 PM IST

    Earnings Watch | Nirlon Q1 net profit flat at Rs 50 crore, revenue up 5.6% at Rs 156.5 crore, YoY

  • August 12, 2024 / 12:41 PM IST

    Stock Market LIVE Updates | CESC share price trade higher post Q1 results

    #1 Profit rises 5.4 percent to Rs 388 crore Vs Rs 368 crore, YoY

    #2 Revenue increases 12.8 percent to Rs 4,863 crore Vs Rs 4,310 crore, YoY

  • August 12, 2024 / 12:40 PM IST

    Sensex Today | Railway stocks gain post Cabinet approves 8 new projects worth Rs 24,600 crore

    The Cabinet Committee on Economic Affairs on August 9 gave its approval for 8 railway projects worth Rs 24,657 crore, bolstering development process in aspirational and tribal-dominated districts, Union minister Ashwini Vaishnaw said during a press briefing.

    Read More

  • August 12, 2024 / 12:36 PM IST

    Sensex Today | Nifty Information Technology index up 0.5%; Infosys, Tech Mahindra among major gainers

  • August 12, 2024 / 12:35 PM IST

    Stock Market LIVE Updates | Jubilant Foodworks shares rise 8% as Q1 jumps 100%

    #1 Profit zooms 100.7 percent to Rs 58.02 crore Vs Rs 28.92 crore, YoY

    #2 Revenue jumps 44.8 percent to Rs 1,933.1 crore Vs Rs 1,334.5 crore, YoY

  • August 12, 2024 / 12:33 PM IST

    Stock Market LIVE Updates | Sun TV Network shares fall 10% post Q1 profit declines

    #1 Profit declines 5.5 percent to Rs 559.8 crore Vs Rs 592.1 crore, YoY

    #2 Revenue falls 2.7 percent to Rs 1,312.4 crore Vs Rs 1,349.2 crore, YoY

    #3 Board declares interim dividend of Rs 5 per share

  • August 12, 2024 / 12:31 PM IST

    Brokerage Call | Nomura keeps ‘neutral’ rating on Alkem Laboratories, target Rs 5,605

    #1 Q1 sales below; EBITDA ahead of estimates

    #2 Company retained its EBITDA margin guidance of 18 percent in FY25

    #3 Company expects higher investments in new initiatives, specifically biologics

    #4 Biologics likely to elevate operating expenses in near term

    #5 Stock is currently trading at 31.1x/ 25.4x FY25/26 EPS of Rs 182.6/Rs 224.2

  • August 12, 2024 / 12:29 PM IST

    ABB India’s earnings show keeps brokerages bullish, see 19% upside

    ABB India reported mixed results in 2QCY24 as revenue was weak but margins continued to beat estimates for another quarter…Read More

    ABB India's earnings show keeps brokerages bullish, see 19% upside

  • August 12, 2024 / 12:28 PM IST

    Stock Market LIVE Updates | Bank of Baroda raises lending rates by 5 basis points (bps) on its three-month, six-month, and one-year tenures, effective August 12

  • August 12, 2024 / 12:26 PM IST

    Sensex Today | BSe PSU index sheds 0.5%; Bharat Dynamics, LIC India, Mishra Dhatu, among major losers

    BSE PSU Top Stock Losers (Intra-day)

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