04 Nov 2024 | 10:51:15 AM IST

Synopsis
Sensex Today | Stock Market LIVE Updates | Indian benchmark equity indices Sensex and Nifty traded lower on Monday, impacted by declines in banking, financial, and IT stocks. Investor caution was heightened due to the upcoming U.S. presidential election and the possibility of additional interest rate cuts by the Federal Reserve.
Q2 Results Today: IRFC, IRCTC, Raymond
Highlights of trade:
- All sectors trade in red
- Sensex, Nifty fall over 1% each
- Afcons Infra shares list at 8% discount
- M&M shares rally 5% as co records highest ever SUV sales
- Bajaj Auto shares fall 5% as October sales data disappoints
- Gensol Engineering up 5% post securing Rs 780 cr solar PV project
Market view by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
In the next couple of days markets globally will be focused on the US presidential elections and there can be near-term volatility in response to the election outcome. However, this is likely to be short-lived and economic fundamentals like US growth, inflation and the Fed action will influence the market trend.
Show more Show less
Stock Market LIVE Updates | Gensol Engineering shares surge 5% post securing Rs 780 crore solar PV project
Shares of Gensol Engineering surged nearly 5% to a day’s high of Rs 860 on the BSE after the company secured a Rs 780 crore solar PV project from a prominent public sector utility in Maharashtra. The project entails the development of a 150 MWac ground-mounted solar power plant, which is scheduled for execution over a 15-month period.
Price as on 10.51.14 AM, Click on company names for their live prices.
India’s factory growth accelerates in October, PMI shows
India’s manufacturing growth gained momentum in October after decelerating for three months as demand improved significantly, helping in job creation and leading to a better business outlook, according to a business survey released on Monday.
The HSBC final India Manufacturing Purchasing Managers’ Index, complied by S&P Global, rose to 57.5 in October from an eight-month low of 56.5 in September and was above a preliminary estimate of 57.4.

Sensex Today | Shriram AMC: Shriram Mutual Fund has launches new fund offer of ‘Shriram Liquid Fund’
Price as on 10.39.08 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Nifty Smallcap 100 index falls over 2%; PVR Inox, Blue Star decline up to 6%
Price as on 10.36.48 AM, Click on company names for their live prices.
OCT AUTO SALES DATA | M&M records highest ever SUV sales
The company announced that it has recorded a 25% YoY growth in its SUV sales at 54,504 vehicles, its highest ever monthly number.
The 3.5T + MHCV witnessed a fall of 9% and 5% YoY respectively. Meanwhile, the LCV 2 T – 3.5 T and the 3 wheeler segment saw a surge of 17% and 5% YoY respectively.
Additionally, the company also recorded its highest-ever tractor sales of 64,326 units in October.
Price as on 10.30.37 AM, Click on company names for their live prices.
Market LIVE Updates | China stocks nudge higher as US election risk looms
China and Hong Kong stocks were steady on Monday, ahead of a pivotal week for financial markets, with an election and likely an interest rate cut in the United States and a major policy meeting in China.
By the midday break, the Shanghai Composite index was up 0.53% at 3,289.51. China’s blue-chip CSI300 index was up 0.72% and Hong Kong’s Hang Seng Index rose 0.11% to 20,528.12.
OCT AUTO SALES DATA | Hero MotoCorp sales rise 18% to 6.8 lakh units in Oct
Hero MotoCorp on Friday said its overall sales increased by 18 per cent year-on-year to 6,79,091 units in October. The country’s largest two-wheeler maker has sold 5,74,930 units in October 2023.
Domestic dispatches to dealers rose to 6,57,403 units compared to 5,59,766 units in the year-ago period, the company said in a statement.
Price as on 10.18.21 AM, Click on company names for their live prices.
Market LIVE Updates | Hero MotoCorp, Bajaj Auto among top losers as Nifty falls below 24,000 mark
Price as on 10.15.10 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | SENSEX CRASHES 1,000 PTS

Sensex Today | Stock Market LIVE Updates: Nifty slides below 24K

Stock Market LIVE Updates | Bajaj Auto shares drop 4% as October sales data disappoints
The company on Monday posted its October sales number reporting merely a 2% YoY rise to 4,79,707 units. The total number of vehicles sold was reported at 4,71,188 units in October 2023.
The company reported its domestic sales figure for the 2-wheeler segment at 2,55,909 units, which has declined by 8% on a year-on-year basis from 2,78,486 units sold in October 2023. The exports, however, surged by 22% YoY to 1,58,463 units.
Price as on 10.01.29 AM, Click on company names for their live prices.
OCT AUTO SALES DATA | Bajaj Auto’s total sales rise merely 2%YoY

Market LIVE Updates | Nifty Oil & Gas index falls over 1.5%; IOC, BPCL, HPCL among top laggards from the pack
Oil prices increased by over $1 in early trading on Monday after OPEC+ announced it would postpone a planned output increase in December by one month, citing weak demand and rising supply from outside the group.
Brent futures climbed by $1.18, or 1.61%, to $74.28 per barrel, while U.S. West Texas Intermediate (WTI) crude rose by $1.20, or 1.73%, to $70.69 per barrel.
Price as on 09.51.06 AM, Click on company names for their live prices.
Sensex Today | SENSEX PLUMMETS 800 PTS
RIL, ICICI Bank, Infosys among top drags

Stock Market LIVE Updates | Welspun Corp gets 2 orders in USA, cumulatively valued at Rs 1,300 cr
Price as on 09.42.31 AM, Click on company names for their live prices.
Sensex Today | Here’s how shares of IRFC, IRCTC and Raymond are faring ahead of Q2 results
Price as on 09.40.07 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Sectoral Snapshot: Sea of Red
- All sectors trade lower as markets open in deep red
- Bank, auto, financial, IT sectors under pressure
- Media, oil & gas, consumer durables indices drop over 1%

Forex News | Rupee gains in early trade
Rupee rises 1 paisa to 84.06 against US dollar.

Stock Market LIVE Updates | Nifty slips below 24,100 mark

Sensex Today | Stock Market LIVE Updates | RIL, Infy drag Sensex over 700 pts lower

Stock Market LIVE Updates | HEATMAP: 26 out of 30 top stocks trade in red

Sensex Today | Stock Market LIVE Updates: Sensex extends decline, falls over 600 pts

Opening Bell: Sensex tumbles over 550 pts, Nifty below 24,150; Sun Pharma drops 4%, Infosys 2%

Sensex Today | Stock Market LIVE Updates: Niva Bupa IPO to open for subscription on November 7, price band fixed at Rs 70-74 per share
Niva Bupa Health Insurance Company is set to launch its Rs 2,200 crore initial public offering (IPO) on November 7, with a price range of Rs 70-74 per share.
Sensex Today | Stock Market LIVE Updates: At multi-year highs: These 3 stocks witness 5-year swing high breakout
In the Nifty500, we have compiled a list of three stocks that reached a 5-year high at the close on November 1, indicating bullish momentum in these counters.
Sensex Today | Stock Market LIVE Updates: Premier Energies shares in focus on bagging multiple orders worth Rs 560 crore
Premier Energies shares are likely to be in focus on Monday after the company announced it had received multiple orders totaling Rs 560 crore from two domestic Independent Power Producers (IPPs).
Sensex Today | Stock Market LIVE Updates: Sensex rises marginally, Nifty above 24,300 in pre-open session
Sensex Today | Stock Market LIVE Updates: Sun Pharma shares in focus as US court blocks Leqselvi launch
Sun Pharma shares are likely to be in focus on Monday following the company’s announcement on Saturday that the U.S. District Court of New Jersey has issued a preliminary injunction blocking the launch of its new drug, Leqselvi, pending further legal developments or the expiration of the disputed patent.
Sensex Today | Stock Market LIVE Updates: Positive Breakout: These 4 stocks close cross above their 200 DMA
On November 1, the closing prices of four stocks in the Nifty200 group moved above their 200-day moving averages (DMAs).
Sensex Today | Stock Market LIVE Updates: Fed set to cut rates again while facing a hazy post-poll outlook
While the outcome of Tuesday’s presidential election remains uncertain, the Federal Reserve’s decision two days later is more predictable: with inflation continuing to ease, the Fed is expected to cut interest rates for the second time this year.
Sensex Today | Stock Market LIVE Updates: Oversold conditions, banks to support Nifty: Analysts
Markets are expected to remain volatile this week amid focus on the US Presidential elections. However, analysts believe the strong performance of banking stocks may help limit the downside for the Nifty.
Sensex Today | Stock Market LIVE Updates: FPI flows into IPOs, QIPs highest in 3 years
Despite their exit from the secondary market, foreign portfolio investors (FPIs) continued to inject funds into India’s primary equity market in October, according to NSDL data.
Sensex Today | Stock Market LIVE Updates: Coal India among 4 stocks to trade ex-dividend tomorrow. Do you own any?
Shares of Coal India, Dr. Lal Path Labs, and two other companies are likely to draw attention today, as they have set November 5 as the record date for their declared dividends.
Sensex Today | Stock Market LIVE Updates: Q2 results today: IRFC, IRCTC, Raymond among 47 companies to announce earnings on Monday
The second-quarter earnings season is in progress, with 47 companies set to release their July-September 2024 results today. Key reports to watch include those from IRFC, IRCTC, and Raymond.
Sensex Today | Stock Market LIVE Updates: These 2 multibagger smallcap stocks to trade ex-split tomorrow. Do you own?
Shares of small-cap multibagger companies Premier Polyfilm and Systematix Corporate Services are expected to draw attention today, as both announced stock splits of 1:5 and 1:10, respectively, with November 5 set as the record date.
Sensex Today | Stock Market LIVE Updates: Hot Stocks: 4 stocks that may give returns between 16-29%
Here’s a look at some recent stock recommendations from analysts, with expected returns ranging between 16% and 29% based on their price targets.
Sensex Today | Stock Market LIVE Updates: Democratization of bonds: The watershed moment is here
It’s ironic that bonds, among the world’s oldest financial instruments, have remained in an opaque system, accessible only to large institutions and operating largely behind closed doors.
Stock Market LIVE Updates | Indian crypto exchanges’ futures trade with foreign peers may test FEMA limits
As Bitcoin approached $70,000 and Wall Street showed bullish sentiment toward Donald Trump, Indian crypto exchanges turned to offshore markets for crypto futures trading, which is gaining popularity. Meanwhile, many high-net-worth individuals reportedly made misleading declarations to banks, presenting their foreign crypto holdings as “security” investments.
Sensex Today | Stock Market LIVE Updates | Stocks in news: IRFC, IRCTC, Ujjivan SFB, Bharti Airtel, Sun Pharma
Domestic markets faced pressure on the final trading day of Samvat 2080, dropping nearly half a percent. In today’s trading, shares of IRFC, IRCTC, Ujjivan SFB, Bharti Airtel, and Sun Pharma will be in the spotlight due to various news updates and quarterly earnings results.
Sensex Today | Stock Market LIVE Updates | GIFT Nifty signals a muted start
GIFT Nifty on the NSE IX traded lower by 10.50 points, or 0.04 per cent, at 24,306.0, signaling that Dalal Street was headed for muted start on Monday.
Stock Market LIVE Updates | Dollar dips as US election outcome remains uncertain, Fed rate cut looms
The dollar weakened in Asia on Monday as investors prepared for a potentially significant week for the global economy, with the U.S. set to elect a new leader and likely lower interest rates again, which could impact bond yields.
The euro increased by 0.4% to $1.0876, though it encounters resistance around $1.0905. Meanwhile, the dollar fell 0.3% against the yen, trading at 152.45 yen, and the dollar index decreased by 0.3% to 103.94.
Stock Market LIVE Updates: | Oil prices jump over 1% on delayed OPEC+ output hike
Oil prices increased by over $1 in early trading on Monday after OPEC+ announced it would postpone a planned output increase for December by one month due to weak demand and increasing supply from outside the group.
Brent futures climbed by $1.18 per barrel, or 1.61%, reaching $74.28 by 0121 GMT. Meanwhile, U.S. West Texas Intermediate (WTI) crude rose by $1.20 per barrel, or 1.73%, to $70.69.
Sensex Today | Stock Market LIVE Updates | Forex News
- The euro rose 0.4% to $1.0872
- The Japanese yen rose 0.5% to 152.23 per dollar
- The offshore yuan rose 0.4% to 7.1104 per dollar
Stock Market LIVE Updates | Global Markets Check
- S&P 500 futures fell 0.2% as of 9:04 a.m. Tokyo time
- Hang Seng futures fell 0.2%
- Australia’s S&P/ASX 200 rose 0.2%
- Euro Stoxx 50 futures rose 1.2%