Sensex Today | Stock Market LIVE Updates: GIFT Nifty rises 30 pts; Asian shares mixed

23 Sep 2024 | 09:51:02 AM IST

Synopsis

Sensex Today | Stock Market LIVE Updates | Sensex and Nifty hit record highs on Monday, fueled by expectations of increased foreign inflows following last week’s Federal Reserve rate cut, which has enhanced risk-on sentiment among investors.

Twelve of the 13 major sectors logged gains. The broader, more domestically focussed small- and mid-caps rose 0.5% and 0.2%, respectively.

On the daily charts we can observe that the Nifty has been consolidating around the 24,200 – 24,150 range where the 40 day average is placed. The structure is still weak and with the momentum indicators also having a negative crossover is also supporting our bearish stance. Incase of a spike towards the key moving averages 24,250 – 24,300 then it should be used as a selling opportunity for targets of 23,890 – 23,600, said Jatin Gedia of Sharekhan.

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Sensex Today | HFCL shares gain 5% on signing deal with General Atomics Aeronautical Systems Inc.

HFCL has entered into a strategic partnership with General Atomics Aeronautical Systems Incorporated (GA-ASI). As part of the agreement, HFCL will develop and supply critical sub-systems for GA-ASI’s advanced Unmanned Aircraft Systems (UAS).

Price as on 09.51.00 AM, Click on company names for their live prices.

Sensex Today | Tata Steel sharse gain on commissioning India’s largest blast furnance at Kalinganagar.

Price as on 09.48.02 AM, Click on company names for their live prices.

Sensex Today | Adani Total Gas shares surge 7% on securing largest global financing of $375 million

Shares of Adani Total Gas (ATGL) surged 7.4% on BSE, reaching a day’s high of ₹846.65, after the company announced it secured $375 million in global financing, marking the largest amount ever in the city gas distribution sector.

Price as on 09.46.38 AM, Click on company names for their live prices.

Sensex Today | Shriram Finance: Issuance of debt securities via public/private issue under existing $3.5 billion

Price as on 09.43.17 AM, Click on company names for their live prices.

Stock Market LIVE Updates | JSW Infra shares rise as cpmpany takes delivery of dredger to support its expansion plans

Price as on 09.40.30 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Mankind Pharma shares gain 3% on approval of fund raise

The Board of Mankind Pharma has approved raising ₹10,000 crore through the issuance of non-convertible debentures (NCDs) and commercial papers via private placement.

Price as on 09.33.31 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Inox Wind signs consortium agreement with banks for Rs 2,200 crore facilities

A consortium of 10 banks led by ICICI Bank, along with several prominent private and foreign banks
expected to increase the consortium agreement limit for INOX Wind to Rs 2,400 cr.

Price as on 09.32.02 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Spicejet shares jump 2% on raising Rs 30,000 crore via Qualified Institutional Placement

The company is set to receive an additional Rs 7.36 billion from its previous funding round.

Price as on 09.28.51 AM, Click on company names for their live prices.

Forex News | Rupee rises in early trade

Rupee rises 5 paise to 83.47 against US dollar.

Stock Market LIVE Updates | Vodafone Idea, BHEL among top movers in morning trade

Price as on 09.25.36 AM, Click on company names for their live prices.

Sensex Today | Vodafone Idea shares surge 7% on signing mega deal

Vodafone Idea finalized a major $3.6 billion (Rs 30,000 crore) agreement with Nokia, Ericsson, and Samsung for the supply of network equipment over the next three years.

Price as on 09.44.43 AM, Click on company names for their live prices.

Stock Market LIVE Updates | 19 out of 30 top Sensex stocks trade in green

Sensex Today | Opening Bell: Sensex scales fresh peak, trades 250 pts higher; Nifty surpasses 25,900

Sensex Today | Stock Market LIVE Updates: Sensex rises 100 points, Nifty above 25,850 in pre-open session

Sensex Today | Stock Market LIVE Updates: Technical Views: Nifty in overbought zone, but 26,250 possible

Both daily and weekly charts show a strong upward trend for Nifty, with a potential target of 26,250 and immediate support at 25,600. However, analysts caution that the long-short ratio for FPIs has reached 75%, and the monthly RSI has crossed 80. Stocks like HDFC Bank, Kotak Bank, M&M, Maruti, Eicher Motors, L&T, Nestle India, United Spirits, Sobha, Lodha, JSW Steel, Blue Star, and Havells have all exhibited bullish trends on their charts.

Sensex Today | Stock Market LIVE Updates: Manba Finance IPO opens for subscription. Should you bid?

The initial public offering (IPO) of Manba Finance is scheduled to open for subscription on Monday and will close on September 25. Prior to the opening, the company secured ₹45 crore from anchor investors.

Sensex Today | Stock Market LIVE Updates: F&O Ban List: Granules India, SAIL among 11 stocks under trade ban on Monday

On Monday, eleven stocks are under a trade ban in the F&O segment, including Aarti Industries, Biocon, Chambal Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Granules India, LIC Housing Finance, National Aluminium Company, Oracle Financial Services Software (OFSS), Punjab National Bank (PNB), RBL Bank, and Steel Authority of India (SAIL).

Sensex Today | Stock Market LIVE Updates: Big movers on D-Street: What should investors do with ICICI Bank, JSW Steel and Reliance Infra?

The benchmark Sensex closed above the historic 84,000 mark for the first time, while the Nifty reached a new record high on Friday, fueled by positive trends in the U.S. and Asian markets.

Sensex Today | Stock Market LIVE Updates: South Korean shares edge higher; key US inflation data in focus

South Korean shares increased on Monday, as investors awaited important U.S. inflation data later this week, which may strengthen expectations for additional interest rate cuts in the coming months. The won depreciated, and the benchmark bond yield rose.

Sensex Today | Stock Market LIVE Updates: Foreign banks seek easier norms for FPIs in corp debt

Banks, acting on behalf of their international clients, have urged the Reserve Bank of India to ease certain regulations regarding foreign investment in corporate debt. This request comes in light of the rising global interest in Indian fixed-income instruments following the country’s inclusion in a JP Morgan bond index, according to multiple sources.

Sensex Today | Stock Market LIVE Updates: Oil edges up following US rate cut move, geopolitical concerns

Oil prices rose slightly in early trading on Monday, driven by worries that conflict in the Middle East could affect supply in this crucial production area, along with expectations that last week’s U.S. interest rate cut will bolster demand.

Sensex Today | Stock Market LIVE Updates: Financial services get highest foreign inflows in first half of September

Overseas investors purchased Indian equities totaling ₹32,779 crore across 17 sectors in the first half of September, according to NSDL data.

Sensex Today | Stock Market LIVE Updates: Market Trading Guide: RIL, M&M among 7 stock recommendations for Monday

Indian benchmark indices hit record highs and posted weekly gains on Friday, driven by strong performances in the auto and banking sectors. The S&P BSE Sensex rose by 1.63%, closing at 84,544, while the NSE Nifty50 finished above 25,750. Here are seven stock recommendations for Monday.

Stock Market LIVE Updates | Technical Views: Nifty in overbought zone, but 26,250 possible

Both daily and weekly charts show a strong positive trend for Nifty, with a potential target of 26,250 and immediate support at 25,600. However, analysts advise caution due to indicators such as the FPIs’ long-short ratio reaching 75% and the monthly RSI exceeding 80. Stocks like HDFC Bank, Kotak Bank, M&M, Maruti, Eicher Motors, L&T, Nestle India, United Spirits, Sobha, Lodha, JSW Steel, Blue Star, and Havells have all shown bullish trends on their charts.

Stock Market LIVE Updates | GIFT Nifty signals a positive start for D-Street

Domestic markets maintained their upward trend for the second week in a row, with benchmark indices rising nearly 2%, primarily driven by the U.S. Fed’s rate cut.

Stock Market LIVE Updates | Stocks in news: SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, RIL

Domestic markets rose on Friday, increasing by nearly one and a half percent, largely in line with global trends. Today, shares of SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, and RIL will be in the spotlight due to various news developments.

Stock Market LIVE Updates | Oil edges up following US rate cut move, geopolitical concerns

Oil prices edged up in early trading on Monday, driven by concerns that conflicts in the Middle East could disrupt supply in this crucial region, along with expectations that last week’s U.S. interest rate cut will bolster demand.

As of 0045 GMT, Brent crude futures for November rose by 20 cents, or 0.3%, to $74.69 a barrel, while U.S. crude futures for November increased by 22 cents, or 0.3%, to $71.22.

Stock Market LIVE Updates | Asia stocks hold steady as more rate cuts loom

Asian stocks remained stable on Monday as central bank meetings anticipated two additional rate cuts and key U.S. inflation data suggested further easing. A holiday in Japan led to thin trading, and MSCI’s broad index of Asia-Pacific shares outside Japan showed little change after a 2.7% increase last week.

Stock Market LIVE Updates | Forex News

The euro was little changed at $1.1160
The Japanese yen fell 0.2% to 144.11 per dollar
The offshore yuan was little changed at 7.0464 per dollar

Stock Market LIVE Updates | Global Markets Check

S&P 500 futures rose 0.1% as of 9:04 a.m. Tokyo time
Hang Seng futures fell 0.5%
Australia’s S&P/ASX 200 fell 0.4%
Euro Stoxx 50 futures fell 1.4%

Stock Market LIVE Updates | D-Street Recap

On Friday, Indian benchmark equity indices hit record highs and saw weekly gains, driven by a significant interest rate cut from the U.S. Federal Reserve earlier in the week, which boosted investor risk appetite in global markets.

The NSE Nifty 50 added 1.48% to 25,790 and the S&P BSE Sensex gained 1.63% to 84,544, logging record closing highs.

The Sensex also rose above 84,000 for the first time on Friday.