11 Jul 2024 | 11:42:10 AM IST
Sensex Today | Stock Market LIVE Updates: Following gains in Asian markets, Indian benchmark equity indices traded higher on Thursday, with IT and financial stocks leading the upward trend.
Market view by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
An important feature of the ongoing bull market which has taken the Nifty from the March 2020 low of 7511 to around 24300 now is that it has always rewarded investors who followed the buy on dips strategy. Since the under current of this bull market, both globally and in India, continues to be strong despite the high valuations, buy on dips strategy continues to be relevant.
The more than doubling of the AUM of the mutual fund industry from Rs 30 trillion in 2020 to Rs 61 trillion now and the monthly SIPs touching record Rs 21262 crores last month will continue to provide support to the market. But investors should be prepared to absorb corrections and it is important to understand that corrections can happen at unexpected times.
Show more Show less
Sensex Today | Ambuja Cements shares surge over 3% post Nomura’s double upgrade
- In early trading today on the BSE, shares of Ambuja Cements surged 3.5% to reach a peak of Rs 688, driven by a double upgrade to a ‘buy’ rating and an increased target price of Rs 780 by global brokerage firm Nomura.
- Previously, the company had a ‘reduce’ rating with a target price of Rs 500.
Price as on 11.42.08 AM, Click on company names for their live prices.
Sensex Today | Rail Vikas Nigam received Letter of Acceptance with order worth Rs 138 crore from Central Railway
Price as on 11.28.26 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Indegene announces strategic collaboration with Microsoft to help life sciences companies scale up generative AI adoption and accelerate business impact.
Price as on 11.25.16 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Nifty Bank slips below 52,000 mark
HDFC Bank contribute over 150 points to Nifty Bank’s drop
Price as on 11.16.22 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Ahluwalia Contracts bags Rs 894-crore order from Airports Authority of India
Price as on 11.12.28 AM, Click on company names for their live prices.
Stock Market LIVE Updates | SAIL in spotlight: 0.3% equity traded
Price as on 11.11.24 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Sun Pharma in focus: 0.5% equity exchanged
Price as on 11.10.27 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Sensex drops over 550 points from day’s high
Sensex Today | Stock Market LIVE Updates | India bond yields flat, traders eye US inflation data for cues
Indian government bond yields were flat in early session on Thursday, with traders eyeing crucial U.S. inflation data due later in the day to gauge the Federal Reserve’s interest rate trajectory.
The benchmark 10-year yield was at 6.9782% as of 10:00 a.m. IST after having closed at 6.9754% in the previous session.
Sensex Today | Stock Market LIVE Updates | Sensex drops 200 points; HDFC Bank, RIL top drags
Sensex Today | Keystone Realtors enters into deed of conveyance for acquisition of land
Total consideration is Rs 91 crore.
Price as on 10.14.38 AM, Click on company names for their live prices.
Sensex Today | HG Infra gets LoA from Rail Land Development authority
RLDA reserve price is set at Rs 14.41 crore.
Price as on 10.15.15 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Raymond in Focus
Implied base value of lifestyle biz stands at 1203/share or 1247/share
Price as on 10.00.17 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Earnings Impact: Tata Elxsi drops 2%; KCP Sugar surges 15% post Q1 show
- Tata Elxsi on Wednesday reported a 3% fall in its net profit at Rs 184 crore for the first quarter ended June 2024.
- KCP Sugar & Industries Corporation consolidated net profit rises 76.40%
Price as on 10.06.15 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | YES Bank soars 8% after Moody’s Ratings affirmed the private lender’s Ba3 long-term foreign currency and local currency ratings.
Price as on 09.51.14 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | HPL Electric bags orders worth Rs 2,100 crore
Price as on 09.42.08 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Sensex erases gains, turns negative
Forex News | Rupee rises in early trade
Rupee rises 2 paise to 83.49 against US dollar.
Sensex Today | Stock Market LIVE Updates | IOC, NHPC among most active stocks in morning trade
Price as on 09.22.22 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Kalpataru Projects International gets orders of Rs 2,995 crore
Price as on 09.21.28 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Opening Bell
Opening Bell: Sensex climbs 250 pts, Nifty near 24,400; TCS up 1% ahead of Q1 nos, YES Bank rallies 5%
Stock Market LIVE Updates: Sensex rises over 160 points, Nifty above 24,350 in pre-open session
Stock Market LIVE Updates | F&O Ban List: Chambal Fertilizers, GNFC among 10 stocks under trade ban on Thursday
On Thursday, trading restrictions under the F&O segment apply to ten stocks, namely Aditya Birla Fashion & Retail (ABFRL), Balrampur Chini, Bandhan Bank, Chambal Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), India Energy Exchange (IEX), India Cements, Indus Towers, Piramal Enterprises (PEL), and RBL Bank.
Stock Market LIVE Updates | TCS Q1 Preview: PAT may grow 8% YoY to Rs 11,984 crore, revenue uptick seen at 4.8%
According to estimates from four brokerages, Tata Consultancy Services (TCS), a leading company in Indian IT, is anticipated to announce an 8% year-on-year increase in its net profit for the quarter ending June 30, 2024, amounting to Rs 11,984 crore.
Stock Market LIVE Updates: In equity’s Indian summer, IPOs and investors make hay in 2024
Most of this year’s initial public offerings (IPOs) have been successful, receiving robust investor interest and providing substantial returns through significant listing gains. As of now, there have been 38 IPOs in 2024, averaging a 25% gain at listing and an overall return of 49% post debut.
Stock Market LIVE Updates: Over 1,000 securities not to be accepted as collateral from Aug 1
From August 1 onwards, a total of 1,010 securities, including Adani Power, Yes Bank, Suzlon, Hudco, Bharat Dynamics, Bharti Hexacom, IRB Infrastructure, NBCC, Go Digit, Tata Investment, Paytm, and Inox Wind, will no longer be accepted as collateral. This decision follows the National Stock Exchange (NSE) revising its criteria for eligible securities used as collateral.
Stock Market LIVE Updates | Q1 results today: TCS, Anand Rathi Wealth among 17 companies to announce earnings on Thursday
First quarter earnings season is in progress, with Tata Consultancy Services (TCS), a leading IT company, set to announce its results on Thursday, alongside 16 other companies.
Stock Market LIVE Updates: Nvidia leads Nasdaq and S&P 500 to record high closes
On Wednesday, the Nasdaq and S&P 500 achieved record high closings, driven by strong performances from Nvidia and other major players on Wall Street, just before the release of inflation data and quarterly earnings reports later this week.
Stock Market LIVE Updates: GIFT Nifty signals a muted start for D-Street. Here’s the trading setup for today’s session
On Wednesday, the domestic markets experienced selling pressure due to profit-taking from elevated levels. Today, attention will be on IT company stocks, particularly as industry leader TCS prepares to announce its first quarter earnings.
Stock Market LIVE Updates | D-Street Recap
Indian benchmark equity indices declined on Wednesday, weighed by banks on worries of moderation in their earnings and by Mahindra and Mahindra after it slashed prices of some cars.
The benchmark NSE Nifty 50 fell 0.45% to 24,324 points, while the S&P BSE Sensex settled 0.53% lower at 79,924. Both the indices opened at record highs before reversing course.
Stock Market LIVE Updates | Forex News
- The euro was little changed at $1.0834
- The Japanese yen was little changed at 161.56 per dollar
- The offshore yuan was little changed at 7.2903 per dollar
Stock Market LIVE Updates | Oil prices tick up as crude, gasoline inventories ease
On Thursday, the dollar saw a slight decline with relatively muted activity as investors awaited a U.S. inflation report later in the day. Meanwhile, the British pound strengthened, reaching its highest level in a month at $1.28545 during early trading in Asia.
This increase followed a 0.48% rise from the previous session, prompted by remarks from Bank of England (BoE) officials that reduced expectations of an interest rate cut in August, leading markets to adjust their forecasts.
Stock Market LIVE Updates | Dollar adrift ahead of US inflation test; sterling firms
On Thursday, the dollar saw a slight decline with relatively muted activity as investors awaited a U.S. inflation report later in the day. Meanwhile, the British pound strengthened, reaching its highest level in a month at $1.28545 during early trading in Asia.
This increase followed a 0.48% rise from the previous session, prompted by remarks from Bank of England (BoE) officials that reduced expectations of an interest rate cut in August, leading markets to adjust their forecasts.
Sensex Today | Stock Market LIVE Updates | Global Markets
- S&P 500 futures were little changed as of 9:10 a.m. Tokyo time
- Hang Seng futures rose 0.6%
- Japan’s Topix rose 1.1%
- Australia’s S&P/ASX 200 rose 1.1%
- Euro Stoxx 50 futures rose 1.3%
