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

21 Nov 2024 | 11:44:10 AM IST

Synopsis

Sensex Today | Stock Market LIVE Updates | Indian benchmark equity indices, Sensex and Nifty 50, traded lower on Thursday, impacted by declines in Adani stocks following the indictment of Adani Group’s billionaire chairman in New York. He is accused of being involved in a multibillion-dollar bribery and fraud scheme.

Sensex Today | Stock Market LIVE Updates | Indian markets were closed on Wednesday for a local holiday.

The benchmark Nifty 50 and BSE Sensex ended their losing streak on Tuesday, recovering from a correction. However, the outlook remains cautious due to an average corporate earnings season and continued foreign outflows.

Risk sentiment could be further impacted after U.S. prosecutors said on Wednesday that Gautam Adani, one of the world’s richest individuals, along with his nephew Sagar Adani, have been indicted in New York.

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Sensex Today | Paytm stock climbs after Bernstein raises target price to Rs 1,000

Global brokerage firm Bernstein has reaffirmed its bullish stance on Paytm, raising the target price for the fintech giant from Rs 750 to Rs 1,000 per share.

While maintaining an ‘Outperform’ rating, Bernstein notes that discussions around Paytm have shifted from survival concerns to focused analysis of both bull and bear case scenarios.

Price as on 11.44.09 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Suzlon Energy shares surge about 5%, Geojit gives Rs 68 target price

Geojit Financial Services has issued a “buy” recommendation with a target price of Rs 68, suggesting a potential upside of nearly 9% from the Tuesday closing price of Rs 62.35. Despite recent volatility and the stock trading about 30% below its 52-week high of Rs 86.04, analysts remain optimistic about Suzlon’s long-term prospects.

Price as on 11.33.40 AM, Click on company names for their live prices.

Sensex Today | NTPC Green Energy IPO Day 2 Subscription Status

Total: 0.48 times

Reservation PortionShareholder: 0.80 times

Retail Individual Investors (RIIs): 1.92 times

Employee Reserved: 0.30 times

Non Institutional Investors(NIIS): 0.24 times

Qualified Institutional Buyers (QIBs): Nil

Stock Market LIVE Updates | Exchanges seek clarification from Adani Group cos

Rs 2 lakh crore gone! Adani stocks record worst day since Hindenburg crisis

Led by a 20% crash in three Adani Group stocks this morning, the combined market capitalization of all 11 Adani stocks dropped by around Rs 2 lakh crore to Rs 12.3 lakh crore. This marked the conglomerate’s worst trading day since the Hindenburg report in early 2023.

Sensex Today | Stock Market LIVE Updates | NBCC gets order worth Rs 202 crore; stock down 2%

Price as on 11.09.37 AM, Click on company names for their live prices.

Stock Market LIVE Updates | PSP Projects shares dip 9% as Adani Infra to buy 30% stake in co

Adani Infra will be acquiring a 30.07% stake in the company. The stake will be purchased from the company’s existing shareholder Prahladbhai S. Patel.

Price as on 11.02.29 AM, Click on company names for their live prices.

Sensex Today | M-cap of all 11 Adani stocks fell by around Rs 2 lakh crore to Rs 12.3 lakh crore

Led by a 20% crash in two Adani Group stocks this morning, the combined market capitalization of all 11 Adani stocks fell by around Rs 2 lakh crore to Rs 12.3 lakh crore as the conglomerate recorded its worst trading day since the Hindenburg bombshell in early 2023.

Market LIVE Updates | Starbucks is said to consider selling stake in Chinese business: Bloomberg News

Stock Market LIVE Updates | Bharat Global Developers shares rally 5% on receiving orders worth Rs 251 cr by wholly-owned Dubai subsidiary

Price as on 10.40.57 AM, Click on company names for their live prices.

Sensex Today | Shares of India Hotels Co. defy market trend, hit 52-week high

The indictment of Adani Group’s chairman and other senior officials on bribery charges is credit negative for the group’s companies. Our main focus when assessing Adani Group is on the ability of the group’s companies to access capital to meet their liquidity requirements and on its governance practices.

– Moody’s Ratings on Adani Group

Stock Market LIVE Updates | Nifty PSU Bank index falls 4%; BoB, PNB among top losers from the pack

Price as on 10.30.58 AM, Click on company names for their live prices.

Stock Market LIVE Updates | China, Hong Kong stocks dip as market weighs US tariff concerns, stimulus hopes

China and Hong Kong stocks edged lower on Thursday as investors weighed the potential impact of U.S. tariff hikes against expectations of more fiscal stimulus from Beijing.

By the midday break, the Shanghai Composite index was down 0.1% at 3,364.64 points and the blue-chip CSI 300 index lost 0.22%.

The consumer staples sector, real estate and the healthcare sub-index fell 0.43%, 0.8% and 0.85%, respectively.

Oil prices edge up on geopolitical tensions; higher-than-expected US inventories cap gains

Oil prices rose marginally on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine countered the impact from a bigger-than-expected increase in U.S. crude inventories.

Brent crude futures rose 16 cents, or 0.2%, to $72.97 as of 0408 GMT. U.S. West Texas Intermediate crude futures rose 16 cents, or 0.23%, to $68.91.

Sensex Today | Stock Market LIVE Updates | Adani Ent., Adani Ports among top Nifty50 losers at this hour

Price as on 10.20.28 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Nifty50 tests 23,300 mark

CRYPTO NEWS | Bitcoin rises above $97,000

Adani bull GQG caught in cross-firing as shares crash 26%, may review portfolio

GQG Partners, the boutique investment firm led by NRI investor Rajiv Jain, is reviewing its portfolio after its shares plunged 26% following the indictment of Adani Group chairman Gautam Adani, his nephew Sagar Adani, and six others by U.S. prosecutors.

Stock Market LIVE Updates | Rategain Travel Technologies launches digital marketing solution for hotels

Price as on 09.53.37 AM, Click on company names for their live prices.

FOREX NEWS | Rupee hits record low hurt by weak local equities, buoyant dollar

The Indian rupee weakened to its all-time low on Thursday, pressured by likely foreign outflows from local stocks and renewed strength in the dollar as investors trimmed hopes of aggressive rate cuts by the U.S. Federal Reserve.

The rupee declined to a low of 84.4225 in early trading and was last quoted at 84.4150 as of 09:30 a.m. IST, unchanged from its closing level in the previous session.

FOREX NEWS | Rupee hits record low hurt by weak local equities, buoyant dollar

CRYPTO NEWS | Bitcoin rallies above $96,000 for first time; last up about 2.5% at $96,833

Sensex Today | SENSEX SLUMPS 700 PTS: SBI, RIL, Adani Ports top drags

Sensex Today | Adani Green Energy says subsidiaries have decided not to proceed with proposed USD denominated bond offerings

Adani statement on indictment of group chairman by U.S. Justice Department
Our subsidiaries have presently decided not to proceed with proposed USD denominated bond offerings
U.S. Department of Justice, SEC issued criminal indictment, civil complaint against board members Gautam Adani and Sagar Adani
United States Department of Justice have also included our board member, Vneet Jaaian, in such criminal indictment

Price as on 09.37.35 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Sensex slumps 600 pts

Sensex Today | Stock Market LIVE Updates | Volatility index, India VIX gains 5%

Stock Market LIVE Updates | Rupee rises in early trade

Rupee rises 1 paisa at 84.41 against US dollar in.

Sensex Today | Adani Group stocks plunge up to 20%; Adani Energy Solutions, Adani Green among top losers

Shares of Adani Group companies fell sharply on Thursday after U.S. prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

U.S. authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India’s largest solar power plant project.

Price as on 09.26.26 AM, Click on company names for their live prices.

Opening Bell: Sensex falls over 400 pts, Nifty below 23,350; Adani Group stocks plunge up to 20%

Sensex Today | Stock Market LIVE Updates | Adani Power, HDFC Bank among top movers in morning trade

Price as on 09.20.20 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Opening Bell: Sensex slumps over 400 pts, Nifty below 23,350; Adani stocks plunge up to 20%

Market LIVE Updates | Shares of Australia-listed GQG Partners tumble 22% on U.S. charges against Adani chair

GQG Partners says Monitoring Charges Against Gautam Adani And Adani Group Executives

Sensex Today | Stock Market LIVE Updates: Vodafone Idea, Bharti Airtel shares in focus today after SC allows tax credit claims on infra duties

Shares of telecom companies such as Bharti Airtel and Vodafone Idea are expected to remain in the spotlight today after the Supreme Court of India granted them the right to claim credit for duties paid on infrastructure components like tower parts and green shelters.

Sensex Today | Stock Market LIVE Updates: Shares of Australia-listed GQG Partners, large Adani shareholder, fall 15% after U.S. charges against Adani chair

Sensex Today | Stock Market LIVE Updates: Adani dollar bonds tumble after US bribery charges

Adani companies’ dollar bond prices plummeted in early Asian trading on Thursday following the indictment of the Indian conglomerate’s billionaire chairman in New York on charges of bribery and fraud.

Sensex Today | Stock Market LIVE Updates: Adani Group stocks in focus after Gautam Adani indicted in US over role in alleged bribery, fraud

Adani Group stocks are expected to be in the spotlight on Thursday after Gautam Adani, the head of India’s Adani Group, and seven others were charged in the United States in connection with an alleged multibillion-dollar bribery and fraud scheme.

Sensex Today | Stock Market LIVE Updates: Lamosaic India IPO opens today: Check issue size, GMP, price band and other details

The SME IPO of Lamosaic India opens for subscription today and will remain open until November 26. The company plans to raise Rs 61.2 crore through the IPO, with its shares set to be listed on the NSE SME platform.

Sensex Today | Stock Market LIVE Updates: Bitcoin breaks above $95,000 for the first time

Bitcoin surged to a record high on Thursday, crossing $95,000 for the first time, driven by expectations that President-elect Donald Trump will implement measures to ease regulations on the cryptocurrency. The digital currency reached $95,004.50 during early Asian trading, with analysts predicting it could soon hit $100,000.

Sensex Today | Stock Market LIVE Updates: Adani dollar bonds tumble after US bribery charges

Adani companies’ dollar bond prices dropped significantly in early Asian trading on Thursday following the indictment of the Indian conglomerate’s billionaire chairman in New York on charges of bribery and fraud.

Sensex Today | Stock Market LIVE Updates: 12 stocks to trade ex-dividend from Friday. Last chance to buy for eligibility

Shares of Orient Technologies, Steelcast, and 10 other companies are expected to be in the spotlight today, as November 22 marks the ex-date for determining shareholders eligible for dividend payments.

Sensex Today | Stock Market LIVE Updates: GQG Partners says monitoring charges against Gautam Adani and Adani Group executives

Sensex Today | Stock Market LIVE Updates: Adani scraps $600 million bond, other notes drop on US charges

Adani Group entities canceled a $600 million dollar bond issuance on Thursday after U.S. prosecutors accused group founder Gautam Adani of involvement in an alleged bribery scheme. The group’s existing U.S.-denominated bonds saw sharp declines in Asian trading.

Sensex Today | Stock Market LIVE Updates: Affluent investors too feel the pinch as markets turn wobbly from lofty highs

Many wealthy individual investors experienced a 10-18% decline in their portfolios during the recent market sell-off, following gains recorded in the September quarter.

Sensex Today | Stock Market LIVE Updates: Zinka Logistics shares to debut today. Here’s what GMP indicates

Zinka Logistics shares are set to list on the exchanges on Thursday. Prior to the listing, the company’s shares were trading at a grey market premium (GMP) of Rs 0 in the unlisted market.

Sensex Today | Stock Market LIVE Updates: Fewer stocks suffer deep cuts in the current selloff

Mid-cap and small-cap stocks have shown greater resilience during the recent risk-off sentiment compared to similar past episodes. An analysis by ET revealed that fewer stocks have dropped over 30% during the current 10% decline in the Nifty since September 27, compared to previous selloffs.

Sensex Today | Stock Market LIVE Updates: Adani scraps $600 million bond, other notes drop on US charges: Bloomberg

Sensex Today | Stock Market LIVE Updates: Nvidia’s AI chip demand still booming but slowing sales growth worries investors

Nvidia projected its slowest revenue growth in seven quarters on Wednesday, falling short of the high expectations set by some investors who have helped make it the world’s most valuable company.

Stock Market LIVE Updates | Wall Street ends mixed, Nvidia shares slip after the bell

The tech-heavy Nasdaq closed lower on Wednesday, taking a break from the prior session’s rally as investors worried about escalating Russia-Ukraine tensions and weak results from Target, while awaiting earnings from megacap Nvidia that landed after the bell.

The Dow and S&P 500 ticked up late in the session, with the Dow closing higher and the S&P 500 ending flat.

Sensex Today | Stock Market LIVE Updates | Dollar pulls ahead as markets focus on Trump policies, Fed outlook

The U.S. dollar stood broadly firm on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump’s proposed policies and sought to second-guess the prospects of less aggressive interest rate cuts from the Federal Reserve.

After stalling for three sessions, the greenback was back on the march higher, with investors lifting the dollar index measure against its key rivals closer to a one-year high of 107.07 hit last week.

Sensex Today | Stock Market LIVE Updates | Oil prices firm as geopolitical tensions raise supply concerns

Oil prices edged higher on Thursday due to supply concerns triggered by escalating geopolitical tensions amid the ongoing war between Russia and Ukraine.

Brent crude futures for January rose 28 cents, or 0.4%, to $73.09. U.S. West Texas Intermediate crude futures for January rose 28 cents, or 0.4%, at $69.03.