Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade lower

Aug 29, 2024
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29 Aug 2024 | 03:42:46 PM IST

Synopsis

Sensex Today | Stock Market LIVE Updates | Indian benchmark indices, Nifty50 and Sensex, rebounded from a slow start to hit record highs on Thursday, fueled by gains in financial and IT stocks.

The BSE Sensex ended at 82,135 points, 349 points or 0.43% higher. The Nifty 50 was at 25,152, up 100 points or 0.4%.

Sensex Today | Stock Market LIVE Updates | Weak global cues and the consequent weak openings have proved to be opportunities to buy in the domestic market. This pattern may persist. A significant feature of the near-term market trend is that it is resilient and steadily moving up without sharp spurts thereby preventing a spike in valuations in the largecap category. The recent accumulation of IT stocks stems from the confidence that the soft landing scenario in the US economy will lead to execution of the orders on which the IT companies have been sitting for some time now, said Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

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Premier Energies IPO booked 58 times so far on the last day

Demand was led by institutional investors, whose category was oversubscribed 160 times, followed by non-institutional investors at 47.65 times. The retail portion was subscribed 6.6 times.

Premier Energies IPO booked 58 times so far on the last day

Rupee falls 3 paise to close at 83.96 against US dollar

Rupee falls 3 paise to close at 83.96 against US dollar

Sector View: Nifty pharma, metal stocks bleeds

Sector View: Nifty pharma, metal stocks bleeds

Sensex Heatmap: 21 of 30 Sensex stocks end in the green

Sensex Heatmap: 21 of 30 Sensex stocks end in the green

Closing Bell: D-Street ends at record high! Sensex climbs 349 pts, Nifty at 25,150

Closing Bell: D-Street ends at record high! Sensex climbs 349 pts, Nifty at 25,150

Sensex Today | Stock Market LIVE Updates | Fitch affirms India at ‘BBB-‘; outlook stable

Sensex Today | Stock Market LIVE Updates | Fitch affirms India at 'BBB-'; outlook stable

Sensex Today | Stock Market LIVE Updates | WhiteOak Capital Arbitrage Fund opens for subscription

WhiteOak Capital Mutual Fund has introduced the WhiteOak Capital Arbitrage Fund, an open-ended scheme targeting arbitrage opportunities in equity markets. The NFO runs from August 28 to September 3, aiming to generate returns through equity arbitrage and debt investments.

Sensex Today | Stock Market LIVE Updates | Sensex surges over 450 points

Sensex Today | Stock Market LIVE Updates | Sensex surges over 450 points

Stock Market LIVE Updates | Govt relaxes regulations for listing on international exchanges within Gift City

The Indian government has eased listing requirements for companies on international exchanges within IFSCs, aligning with global standards. Minimum public offer and continuous listing requirements are now both set at 10%, facilitating easier access to global capital for Indian firms.

Sensex Today | Stock Market LIVE Updates | LT Foods approves acquisition of 17.5% stake in Nature Bio-Foods

The acquisition is valued at Rs 110 crore.

Price as on 02.52.36 PM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Resourceful Automobile shares swing from 5% lower to upper circuit

  • Flat Debut: Resourceful Automobile listed flat at Rs 117 and dropped 5% to hit a lower circuit.
  • Rebound: Shares later rose 5% and hit an upper circuit at Rs 122.85.
  • Volatile Performance: The stock’s volatility contrasts with expectations after a heavily oversubscribed IPO.

Sensex Today | Stock Market LIVE Updates | Heatmap: Top Sensex gainers & losers at this hour

Sensex Today | Stock Market LIVE Updates | Heatmap: Top Sensex gainers & losers at this hour

Sensex turns negative, falls over 450 pts from day’s high; Nifty tests 25K

Sensex turns negative, falls over 450 pts from day's high; Nifty tests 25K

Sensex Today | Stock Market LIVE Updates | Gillette India June-quarter Results

  • Dividend: Rs 45 per share
  • June-quarter profit: Rs 116 crore
  • Revenue from operations: Rs 645 crore

Price as on 02.26.51 PM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Key takeaways from Reliance Industries

Sensex Today | Stock Market LIVE Updates | Nifty Metal under pressure

Sensex Today | Stock Market LIVE Updates | Nifty Metal under pressure

Sensex Today | Zepto and Razorpay founders rank among the top 10 youngest wealthy Indians: Hurun India Rich List

The 2024 Hurun India Rich List showcases the youngest entrepreneurs, led by Zepto’s Kaivalya Vohra, followed by co-founder Aadit Palicha. Ritesh Agarwal of OYO ranks 6th, while Razorpay’s Harshil Mathur and Shashank Kumar, both 33, are the youngest billionaires.

Cryptocurrency Prices on August 29: Bitcoin hovers around $60,000 as key US economic data approaches

  • Major cryptocurrencies rose on Thursday ahead of the U.S. GDP report and Initial Jobless Claims.
  • Bitcoin gained nearly 1% to $59,724, and Ethereum increased by 3.6% to $2,557.
  • The global crypto market cap rose 0.63% to $2.1 trillion.
Cryptocurrency Prices on August 29: Bitcoin hovers around $60,000 as key US economic data approaches

Sensex Today | Stock Market LIVE Updates | RIL to consider bonus issue in ratio of 1:1 on Sept 5

On September 5, Reliance Industries’ (RIL) Board will convene to review and approve a 1:1 bonus issue.

This announcement arrives as the market eagerly anticipates today’s annual general meeting (AGM).

Price as on 01.53.08 PM, Click on company names for their live prices.

Sensex Today | BSE SME IPO index bleeds 4% in an overall bullish market post Sebi warning

The SME IPO index, recently surpassing 1 lakh, declined while Nifty hit a record high. Sebi’s warning about unrealistic claims by SME promoters has contributed to market pessimism, cautioning investors against blind investments.

Stock Market LIVE Updates | India minting 1 billionaire every 5 days, total count crosses triple century

In line with the trend of increasing wealth among the affluent, India created a new billionaire every five days over the past year, bringing the total number of US dollar billionaires to over 300 for the first time. The 2024 Hurun India Rich List reveals that the country now boasts 334 billionaires, an increase of 75 from the previous year.

Stock Market LIVE Updates | Top 10 in 2024 Hurun India Rich List

Gautam Adani & family tops the 2024 Hurun India Rich List, saw a 95% increase in his wealth, bringing their total to INR 1,161,800 Cr. Mukesh Ambani has taken the second top spot in the 2024 Hurun India Rich List, with a wealth of INR 1,014,700 Cr.

Stock Market LIVE Updates | Top 10 in 2024 Hurun India Rich List

Stock Market LIVE Updates | TV18, KEC, JM Fin among top gainers as Sensex, Nifty trade at record high

Price as on 12.57.22 PM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Sensex at all-time high; up 400 pts

Sensex Today | Stock Market LIVE Updates | Sensex at all-time high; up 400 pts

Sensex Today | Stock Market LIVE Updates | Nifty hits record high

Sensex Today | Stock Market LIVE Updates | Nifty hits record high

Japan’s Nikkei ends flat as tech shares pare Nvidia-led losses

Japan’s Nikkei share average closed almost unchanged on Thursday, rebounding from earlier losses as technology stocks trimmed declines following Nvidia’s disappointing forecasts. The Nikkei ended down 0.02% at 38,362.53, having dropped 1.12% earlier.

Stock Market LIVE Updates | Broader market indices slip in red

  • Microcap index drops over 1%
  • Small & midcap indices under pressure
  • Nifty holds above 25,000
Stock Market LIVE Updates | Broader market indices slip in red

Oil edges up as Libyan supply woes offset lower-than-expected U.S. stock draw

On Thursday, oil prices ticked higher following two consecutive sessions of declines. The increase was driven by renewed supply concerns in Libya, while expectations for demand were tempered by a smaller-than-anticipated reduction in U.S. crude inventories.

Brent crude futures rose by 15 cents, or 0.19%, reaching $78.80 per barrel by 0605 GMT. Meanwhile, U.S. West Texas Intermediate crude futures gained 27 cents, or 0.36%, to $74.79.

Sensex Today | Stock Market LIVE Updates | Aurobindo Pharma received a tax order with a total dispute amount of Rs 7.09 crore.

Price as on 12.08.37 PM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Akzo Nobel India received a tax demand of Rs 9.27 crore

Price as on 11.56.33 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Genus Power shares up by 5% after co bags Rs 4,470 crore orders

  • Shares up 5% to a 52-week high after securing three orders worth Rs 4,469 crore for advanced metering infrastructure.
  • The contracts involve designing, supplying, installing, and maintaining around 55.9 lakh smart meters.

Price as on 01.52.16 PM, Click on company names for their live prices.

Stock Market LIVE Updates | Gautam Adani’s family wealth soars 95% to Rs 11.6 lakh crore in a year: Hurun Rich List

  • Despite negative publicity from the Hindenburg report, Adani added Rs 5,65,503 crore to his net worth.
  • Adani & family secured the top spot in this year’s rankings, with a total wealth of Rs 11,61,800 crore.
  • Over the past five years, Adani achieved the highest wealth growth among the top 10, adding Rs 10,21,600 crore.
Stock Market LIVE Updates | Gautam Adani’s family wealth soars 95% to Rs 11.6 lakh crore in a year: Hurun Rich List

Sensex Today | Stock Market LIVE Updates | JM Financial raises Nykaa’s target price to Rs 250

  • JM Financial has maintained a ‘Buy’ rating on Nykaa.
  • The brokerage revised its target price to Rs 250, indicating a 15% upside potential from the previous day’s closing price of Rs 217.
  • The target price revision is based on Nykaa’s strong performance in FY24.

Price as on 11.21.29 AM, Click on company names for their live prices.

Sensex Today | Vodafone Idea shares jump nearly 4% as SC to hear AGR case on August 30

Vodafone Idea shares climbed 3.6% to Rs 16.55 on the BSE following the Supreme Court’s decision to schedule a hearing for the company’s curative petition in the AGR case on August 30. Additionally, global brokerage Citi estimates that the potential benefit from this update could be Rs 4-5 per share or more for the company.

This development follows the Supreme Court’s acknowledgment of Vodafone Idea’s submission on July 15, which challenged the 2019 ruling regarding payments owed to the government.

Price as on 11.19.05 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Annapurna Swadisht acquires 100% stake in Madhur Confectioners

Annapurna Swadisht to Invest Rs 180 crore in Madhur Confectioners.

Price as on 11.12.12 AM, Click on company names for their live prices.

We are ensuring there is no delay in giving approvals to fintech IPOs: Sebi chief, Madhabi Puri Buch at Global Fintech Fest

  • Working to ensure standardisation in market infra

  • Don’t want people to wait for IPO approval when there is so much opportunity in capital markets
  • Need to speed up IPO processes
  • Response from the industry for small & medium REITs was very positive
  • Today we have only 8 IPO applicants pending
  • Have got 6,000 responses on SEBI’s consultation paper on F&O
We are ensuring there is no delay in giving approvals to fintech IPOs: Sebi chief, Madhabi Puri Buch at Global Fintech Fest

Stock Market LIVE Updates | KEC International shares surge 8% on winning new T&D orders worth Rs 1,171 crores in Middle East

Price as on 10.50.27 AM, Click on company names for their live prices.

Stock Market LIVE Updates | TV18 shares rally 7% as CCI approves RIL-Disney merger

On Wednesday, the Competition Commission of India approved the merger of Reliance Industries’ and Walt Disney Co’s media assets, forming the largest media conglomerate in the country, valued at over Rs 70,000 crore. The deal, which was announced six months ago, had been under scrutiny by the anti-trust regulator. The approval came after the parties involved proposed modifications to the original transaction structure.

In a post on X, the regulator stated it has cleared the “proposed combination involving Reliance Industries Limited, Viacom18 Media Private Limited, Digital18 Media Limited, Star India Private Limited, and Star Television Productions Limited, contingent upon adherence to voluntary modifications.”

Stock Market LIVE Updates | TV18 shares rally 7% as CCI approves RIL-Disney merger

Sensex Today | Stock Market LIVE Updates | Tata Steel shares drop on acquirig shares in subsidary

Tata Steel has acquired 178 crore shares in its subsidiary T Steel Holdings for Rs 2,348 crore.

Price as on 10.32.15 AM, Click on company names for their live prices.

Sensex Today | Paytm shares up 5% on getting govt nod for downstream investment in payments arm

  • Paytm shares surged 5% on the BSE to Rs 565 after receiving finance ministry approval to invest in its payment services business.
  • Paytm Payments Services Limited (PPSL) will now resubmit its payment aggregator license application.

Price as on 10.27.20 AM, Click on company names for their live prices.

Rupee rises 9 paise to 83.88 against US dollar in early trade

Rupee rises 9 paise to 83.88 against US dollar in early trade

Sensex Today | Stock Market LIVE Updates | Vedanta shares gain as board may consider dividend

Metal major Vedanta will consider third interim dividend for the financial year 2024-25 when its board meets on September 2.

Price as on 10.18.21 AM, Click on company names for their live prices.

RIL AGM 2024: Catch all the live updates here

Shares of RIL will be in focus as the company will host its 47th annual general meeting (AGM) today.

RIL AGM 2024: Catch all the live updates here

Sensex Today | PFC and REC shares gain up to 2% as UBS intiates coverage

The global brokerage firm UBS has begun coverage of the stocks, seeing them as key players in financing high-growth renewable energy and infrastructure capital expenditures.

UBS has assigned a buy rating to both stocks, with a target price of Rs 670 for PFC and Rs 720 for REC.

Price as on 10.12.33 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Gold trades flat this week, silver down by Rs 700/kg

On Thursday, October gold futures at MCX opened steady at Rs 71,934 per 10 grams, up 0.27% or Rs 191. September silver futures were at Rs 84,477/kg, rising 0.6% or Rs 500.

Sensex Today | Stock Market LIVE Updates | Gold trades flat this week, silver down by Rs 700/kg

Sensex Today | Stock Market LIVE Updates | PFC shares gain as company to trade ex-dividend tomorrow

Earlier this month, PFC announced an interim dividend of Rs 3.25 per share for its eligible shareholders, fixing August 30 as the record date for the purpose.

Price as on 10.00.59 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | JSW Energy gets letter of award for additional 400 MW Wind-Solar Hybrid Power Project

Price as on 09.43.28 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | PB Fintech shares up over 3% after Rs 1,610 crore block deal

PB Fintech shares surged 3.5% to Rs 1,796.55 on BSE after news of a possible 2.1% stake sale worth Rs 1,610 crore via a block deal, reportedly involving Tencent.

Price as on 09.35.57 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Dixon Technologies plans to partner with China’s HKC to make display modules

Price as on 09.23.25 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Buzzing! Sonata Software surges 8% on IT outsourcing deal

Price as on 09.21.25 AM, Click on company names for their live prices.

Sensex Today | IndiGo block trade: 2.3 crore shares (6% equity) worth Rs 11,000 crore change hands

Price as on 09.22.16 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Heatmap: Top Sensex gainers & losers in today’s trade

Sensex Today | Stock Market LIVE Updates | Heatmap: Top Sensex gainers & losers in today's trade

Sensex Today | Opening Bell: Sensex drops marginally, Nifty tests 25K; bank & financials under pressure

Sensex Today | Opening Bell: Sensex drops marginally, Nifty tests 25K; bank & financials under pressure

Sensex Today | Stock Market LIVE Updates | Block Deal Alert

2.1% equity traded in PB Fintech (pre-market)

Stock Market LIVE Updates | How investors should trade BAJAJ AUTO stock (CMP 10656)

After almost two months of consolidation, this stock has recently resumed its uptrend. Now, immediate targets of 10850 and 11100 are on the cards. RSI is super bullish, and volumes are also good. Support stands at 10450.

(Analyst : Priyanka Limaye, CA , CMT)

Stock Market LIVE Updates: Sensex rises marginally, Nifty holds 25,000 in pre-open session

Stock Market LIVE Updates | Block Deal Alert

Welspun India’s 3.92% equity traded (pre-market)

Stock Market LIVE Updates | Lower public float of 10% allowed for companies listing on IFSC bourses

On Wednesday, India permitted companies listing on an exchange within its GIFT City International Financial Services Centre to maintain a reduced public float of 10%.

Stock Market LIVE Updates | How investors should trade TRENT shares (CMP 7242)

Since the second week of August, this stock has shown significant appreciation. If this momentum continues, three high-probability targets of 7450, 7850, and 8500 can be seen. Technical indicators are aligned positively, and RSI is in the super bullish zone. Support stands at 6750.

(Analyst : Priyanka Limaye, CA , CMT)

Stock Market LIVE Updates | How to trade NBCC stock (CMP: 195.7)

Recently, this stock has broken out of a medium-term consolidation above 177. Now, it needs to close above 198.3 with volume on the daily time frame to test the higher target of 235. Technical indicators are somewhat lagging, but buying volumes can push the stock toward its target. Support stands at 172.

(Analyst : Priyanka Limaye, CA , CMT)

Stock Market LIVE Updates | UBS on Paytm: Neutral | Target price: Rs 490

UBS has kept a neutral stance on Paytm, setting a target price of Rs 490.

The government has approved Paytm’s investment in PPSL, and the company is expected to reapply for a payment aggregator license. This addresses one of the major regulatory uncertainties for Paytm and is likely to positively impact sentiment.

Stock Market LIVE Updates | RIL AGM today: How to trade and what to expect from the Ambanis

During Reliance Industries Ltd’s (RIL) 47th Annual General Meeting (AGM), the country’s largest conglomerate is expected to make several major announcements that could enhance the value of its shares.

Stock Market LIVE Updates | Interglobe Aviation: Rakesh Gangwal offers 2.25 cr shares

Stock Market LIVE Updates: IndiGo block deal size raised to Rs 10,300 cr; Gangwal may sell 5.8% stake: Report

Stock Market LIVE Updates: IndiGo block deal size raised to Rs 10,300 cr; Gangwal may sell 5.8% stake: Report

Rakesh Gangwal upsizes IndiGo block to Rs 10,300 crr from Rs 6,750 cr

Price as on 08.28.49 AM, Click on company names for their live prices.

Stock Market LIVE Updates: Sebi proposes overhaul of merchant banker norms

Sebi has proposed major changes to the regulations governing merchant bankers involved in public issues. The new rules include increasing the net worth requirement tenfold to ₹50 crore from ₹5 crore, introducing a minimum liquid net worth requirement, and prohibiting merchant bankers from holding securities in the issuing company.

Stock Market LIVE Updates | Stocks in news: RIL, IndiGo, PB Fintech, Vedanta, Tata Steel

On Wednesday, the benchmark Nifty edged up to a new all-time high of 25,052, while the Sensex increased by over 70 points. Today, shares of RIL, IndiGo, PB Fintech, Vedanta, Tata Steel, and other companies will be closely watched due to recent news developments.

Stock Market LIVE Updates: Popular mid-cap funds struggle to keep pace with runaway benchmark

Mutual fund schemes focused on mid-cap stocks, a popular investment choice recently, have faced challenges in outperforming their benchmarks over the past three years.

Stock Market LIVE Updates: Bernstein initiates coverage on retail and restaurant stocks

Brokerage firm Bernstein has started coverage on seven companies in the retail and restaurant sectors, including Avenue Supermarts, Trent, Aditya Birla Fashion & Retail, Jubilant FoodWorks, Westlife Foodworld, Devyani International, and Sapphire Foods India.

Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock action on Thursday

The Nifty50 index closed slightly higher on Wednesday after hitting a fresh record high of 25,129.6 during the session, driven by gains in IT stocks boosted by expectations of a possible rate cut in the United States.

Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a negative start

GIFT Nifty on the NSE IX traded lower by 58.5 points, or 0.23 per cent, at 25,000.50, signaling that Dalal Street was headed for negative start on Thursday.

Sensex Today | Stock Market LIVE Updates: Rupee falls 4 paise to close at 83.97 against US dollar

The rupee weakened by 4 paise to close at 83.97 against the US dollar on Wednesday, driven by strong demand for the greenback from importers, especially oil companies. However, forex traders noted that the downside was cushioned by positive domestic equities, foreign fund inflows, and an overnight drop in crude oil prices.

Sensex Today | Stock Market LIVE Updates: Wall Street ends down; investors brace for Nvidia report

U.S. stocks declined on Wednesday as investors awaited Nvidia’s quarterly earnings report, the highlight of the week on Wall Street, which could either disrupt or further propel a rally fueled by enthusiasm for artificial intelligence. Nvidia, the leading supplier of AI chips, saw its shares slip 2.1% ahead of the report, reducing its year-to-date gain to 154%.

Sensex Today | Stock Market LIVE Updates: Tech View: Nifty needs decisive move above 25,100 for uptrend

The Nifty closed 36 points higher, forming a Doji-type candle on the daily chart after touching a new record high, signaling resistance around the 25,100 level.

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday

The Nifty50 benchmark equity index reached a new all-time high of 25,129.6 on Wednesday, closing slightly above its previous close, fueled by continued gains in IT stocks.

Meanwhile, the 30-share BSE Sensex rose by 74 points, or 0.09%, to close at 81,785—just 0.4% shy of its own record high of 82,129. The broader NSE Nifty also surged 34 points, or 0.14%, ending the day at a record closing high of 25,052.

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