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

26 Nov 2024 | 12:51:20 PM IST

Synopsis

Sensex Today | Stock Market LIVE Updates | Indian benchmark equity indices traded higher for the third consecutive session on Tuesday, buoyed by gains in financial and IT stocks. The positive movement followed U.S. President-elect Donald Trump’s announcement of tariffs on all imports from Canada and Mexico, along with additional tariffs on China, which had a global impact on market sentiment.

Sensex Today | Stock Market LIVE Updates | On the downside, the 23,850-24,000 range is expected to provide strong support in case of any pullback. Traders and investors are advised to focus on sectors showing relative strength, such as IT and Banking, while remaining selective in others, said Ajit Mishra – SVP, Research, Religare Broking.

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SME IPO of C2C Advanced Systems hit by Sebi action, listing date postponed

C2C Advanced Systems, which rolled out one of the largest SME IPOs of the year, has postponed its listing after intervention by market regulator SEBI. Investors have also been offered the option to withdraw their applications for this IPO.

Sensex Today | Stock Market LIVE Updates: Broader indices trade in green

Gold remains under selling-pressure, weighed by a former US dollar and on reduced safe-haven bets after reports of a possible ceasefire between Israel and Lebanon, however, US president-elect Donald Trump’s tariff threats are likely to provide some support. In the session’s ahead traders will be looking at the minutes from the Federal Reserve’s November meeting, U.S. GDP revisions and core PCE data that are expected to provide insights into the US central bank’s policy outlook. On chart, momentum looks down with resistance at 75,500 and next at 76,200, while on the downside more correction is expected towards 74,750/ 74,000 levels.

– Pranav Mer, Vice President, EBG – Commodity & Currency Research, JM Financial Services Ltd.

Sensex Today | Stock Market LIVE Updates: L&T, M&M top Sensex drags in afternoon trade

Stock Market LIVE Updates | Nifty Bank drops 100 pts; SBI, Axis Bank shed 1% each

MARKET UPDATE: Sensex falls over 250 pts, Nifty tests 24,150

Sensex Today | Want to ride the tide? Over 40 stock ideas as Nifty bulls attempt to regain strength

With the Sensex rallying 3,000 points in the last two trading sessions, fueled by optimism surrounding the outcome of the Maharashtra elections, brokerages are focusing on over 40 stocks to capitalize on the market recovery. This recovery is driven by improving valuations, strong domestic flows, and hopes of a capex revival.

Stock Market LIVE Updates | Gold steadies after slide as Trump’s tariff pledge caps losses

Gold prices held steady on Tuesday after dropping more than 3% in the previous session, with some support coming from President-elect Donald Trump’s proposed tariffs on all imports from Canada, Mexico, and China.

Spot gold held its ground at $2,624.41 per ounce, as of 0614 GMT, recouping some losses from earlier in the session when prices hit their lowest since Nov. 18.

Sensex Today | Emcure Pharma advances 10% as Kotak Equities sees 28% upside in stock

Expecting further growth in Emcure Pharmaceuticals’ organic performance in the second half of FY25, domestic brokerage firm Kotak Institutional Equities upgraded the stock’s rating to ‘Buy’ from ‘Add,’ with a target price of Rs 1,680.

Price as on 12.09.23 PM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Banks drag Australian shares lower; Trump tariff pledge weighs on market

Australian shares dropped 0.7% on Tuesday, as profit-taking hit financials, with Commonwealth Bank losing 3.6%.
Traders reacted to US President-elect Trump’s tariff pledge and the regulator’s policy stance.

Stock Market LIVE Updates | Adani Group stocks fall up to 8% after Fitch places some co bonds on negative watch

Adani Group stocks tumbled by up to 8% on Tuesday following Fitch’s decision to place some of the group’s bonds on negative watch. This move comes after U.S. authorities indicted key Adani executives on bribery charges.

Price as on 11.48.42 AM, Click on company names for their live prices.

Sensex Today | Adani Green Energy shares fall 8% after Co. says no new financial commitment under discussion with TotalEnergies

Adani Green Energy shares fell 8%, reaching a 52-week low.
Clarified no new financial commitments with TotalEnergies.
TotalEnergies paused investments due to US charges on Adani Group.
SEC alleges Adani Green defrauded US investors and bribed officials.
Adani Group denies accusations, reaffirms commitment to governance.

Price as on 11.46.22 AM, Click on company names for their live prices.

Sensex Today | NHC Foods shares soar 10% announces Rs 47.42 cr rights issue; declares robust Q2 results

NHC Foods announced its Rs. 47.42 crore rights issue.
Proceeds from the Rights Issue will be used to enhance working capital and repay secured working capital loans, thus leading to increased profitability.
Fixed November 26, 2024, as the record date for the Rights Issue.
The company will issue 47,42,00,000 shares at Re. 1 per share to eligible shareholders under the Rights Issue.
Q2 Results: PAT rise 386% YoY to Rs 2.09 cr; revenue up 60.14% to Rs 66.17 cr

Price as on 11.32.25 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | HDFC Bank In Focus

Private lender HDFC Bank witnessed record turnover and highest delivery on Monday, likely due to the weightage increase announced in the MSCI rejig that comes to effect today
Stock rose 2.3% on Monday, hitting record high
HDBK saw $4.53 billion turnover on Monday – NSE data
A stock’s daily turnover is the aggregate of its each trade price and traded volume in a session
HDFC Bank logged its highest-ever delivery of ~81.5% in the last session

Price as on 11.28.21 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Bharat Global Developers shares rise 5% on receiving orders worth Rs 156 crores from UPL Agro

Price as on 11.24.34 AM, Click on company names for their live prices.

Sensex Today | Hyundai Motor India gets show cause notice from Maharashtra State Tax Authority

The company gets show cause notice with total demand of Rs 2.74 crore towards tax.

Price as on 11.20.27 AM, Click on company names for their live prices.

Stock Market LIVE Updates | India bond yields little changed, traders eye key US and local data

Indian government bond yields were barely changed on Tuesday, with traders eyeing important local and U.S. economic data for cues on interest rates’ trajectory.

The benchmark 10-year bond yield was at 6.8201% at 10:50 a.m. IST compared with 6.8226 in the previous session. In opening trades, the yield dropped to 6.8074% and is currently at the day’s highs.

Sensex Today | Defence stocks rise as JP Morgan gives positive outlook

Global brokerage firm JPMorgan has expressed a positive outlook on India’s defense sector as it initiated coverage on Bharat Electronics (BEL), Hindustan Aeronautics (HAL), and Mazagon Dock Shipbuilders, signaling a growth potential of up to 17%.

Price as on 11.07.01 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Interarch shares rise 2% as co’s plan of expansion

The company is set to expand installed capacity with Phase 2 Andhra Pradesh unit and Kichha Plant upgrade, strengthens R&D initiative

Price as on 11.03.36 AM, Click on company names for their live prices.

Sensex Today | Enviro Infra Engineers IPO: GMP, Price Band, Subscription, Key Dates, Review

Enviro Infra IPO subscribed 18 times, highest by NIIs.
Fresh issue of Rs 572 crore, OFS Rs 78 crore.
Funds for working capital, subsidiary investment, and debt repayment.
Price band Rs 140-148, GMP Rs 47-48 (31.76% premium).
Analysts recommend long-term subscription, P/E of 30.72x.

Sensex Today | Stock Market LIVE Updates | Hitachi Energy shares rally 10% on winning order from Power Grid

Hitachi Energy shares rose 10% after securing a Rs 25,000 crore project from Power Grid Corporation, involving HVDC stations to evacuate renewable energy, with execution expected by 2029.

Price as on 10.51.42 AM, Click on company names for their live prices.

Sensex Today | Swiggy shares rally 4% as UBS initiates coverage with Rs 515 target price

Shares of newly-listed Swiggy climbed as much as 4% on Monday to Rs 448.65 on BSE after brokerage UBS initiated coverage on the leading food delivery player with a ‘buy’ rating and a target price of Rs 515, citing potential for growth amid India’s expanding online food delivery and quick commerce markets.

Price as on 10.45.00 AM, Click on company names for their live prices.

Sensex Today | Nifty Auto down 1%; Eicher Motors, Bajja Auto among top laggards

Price as on 10.40.00 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Krystal Integrated Services share rise 4% as co gets contract worth Rs 106 crore

Price as on 10.35.00 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Adani Ent, Eicher among top losers as Nifty drops below 24,200

Price as on 10.29.07 AM, Click on company names for their live prices.

Sensex falls 500 pts from day’s high, trades over 150 pts lower

Stock Market LIVE Updates | Vedanta shares jump over 1% as co seeks up to $1.2 billion via bonds to refinance debt

Vedanta Resources Ltd (VRL) launched two sets of bonds to raise up to $1.25 billion split across — a 3.5-year term at 10.25%, and another with a 7-year term at 11.25%.

Price as on 10.18.13 AM, Click on company names for their live prices.

Sensex Today | Adani Green Energy says there is no new financial commitment under discussion with TotalEnergies.

Sensex Today | Stock Market LIVE Updates | Adani Green shares fall for 6th staright day, trade 7% lower

Price as on 10.09.16 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Sensex erases early gains, trades flat

Stock Market LIVE Updates | Nifty IT up 1%; Infosys, LTIM among top gainers from the pack

Price as on 09.55.37 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Ashoka Buildcon shares rise 4% on securing Rs 1,391 crore National Highways project.

Price as on 09.51.20 AM, Click on company names for their live prices.

Stock Market LIVE Updates | NTPC Green Energy shares listing tomorrow. Check GMP, allotment status, other details

Shares of NTPC Green, which opened for public subscription from November 19 to November 22, are expected to be listed on Wednesday, November 27. The shares were allocated on November 25, with allotments made on a lottery basis, supervised by the registrar.

Sensex Today | Stock Market LIVE Updates | KEC International wins new orders worth Rs 1,114 crore

Price as on 09.40.02 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Vodafone Idea shares zoom 14% on Union Cabinet nod for bank guarantee issue

The Union Cabinet has given in-principle approval for addressing the telecom companies’ bank guarantee (BG) issue.

This decision provides relief to telecom operators by exempting them from providing bank guarantees for spectrum acquired up to 2022.

Price as on 09.37.40 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Adani Group Stocks in Focus

Shares of Adani Ent, Adani Power rise over 1%
Adani Ports, Adani Wilmar trade with cuts

Price as on 09.34.37 AM, Click on company names for their live prices.

Sensex Today | Infosys, SBI among top 10 trading ideas for today

Infosys: Buy | Target Rs 1,985 | Stop Loss Rs 1,820
SBI: Buy | Target Rs 887 | Stop Loss Rs 814
Bharat Electronics: Buy | Target Rs 312 | Stop Loss Rs 281
Ramco Cement: Buy | Target Rs 1,070 | Stop Loss Rs 895
Wipro: Buy | Target Rs 615 | Stop Loss Rs 570
InterGlobe Aviation: Buy | Target Rs 4,350 | Stop Loss Rs 4,170
Chambal Fertilizers: Buy | Target Rs 494 | Stop Loss Rs 469
Wipro: Buy | Target Rs 620 | Stop Loss Rs 570
Indigo: Buy | Target Rs 4,400 | Stop Loss Rs 4,200
PEL: Buy | Target Rs 1,200 | Stop Loss Rs 1,080

Stock Market LIVE Updates | Zomato shares rise 2% as co launches QIP with floor price at Rs 265.91 per share

Price as on 09.29.13 AM, Click on company names for their live prices.

Forex News | Rupee rises in early trade

Rupee rises 5 paise to 84.24 against US dollar.

Sensex Today | Jefferies sees over 30% upside in Reliance Industries

Jefferies has maintained a “Buy” rating on Reliance Industries with a target price of Rs 1,700, suggesting a potential upside of 32% from the current market price of Rs 1,287. The brokerage finds the stock’s risk-reward profile attractive.

Jefferies expects the Singapore Gross Refining Margin (GRM) to improve in CY25 due to a favorable refining demand-supply dynamic. It also highlighted Jio’s strong growth in home broadband subscribers, positioning the company well for 5G monetization.

Additionally, a potential public listing in CY25 could unlock more value. While the retail segment showed strong performance in October, Jefferies anticipates a sustained recovery might take another two quarters.

Price as on 09.25.21 AM, Click on company names for their live prices.

Sensex Today | Voda Idea, BHEL, BEL among top movers in morning trade

Price as on 09.21.24 AM, Click on company names for their live prices.

Opening Bell: Sensex gains over 250 pts, Nifty above 24,250; Voda Idea rallies 10%, Infosys 2%

Sensex Today | India bond yields to track US rates; downside largely capped

Indian bond yields are likely to open little changed on Tuesday following the dip in the previous session, with traders keeping an eye on U.S. Treasury yields.

The benchmark 10-year bond yield is expected in a 6.81%-6.84% range, having dipped about two basis points on Monday to 6.8226% largely due to a dip in U.S. Treasury yields.

Sensex Today | Stock Market LIVE Updates: Sensex rises 300 pts, Nifty above 24,300 in pre-open session

Sensex Today | Stock Market LIVE Updates: At multi-year highs: These 3 stocks witness 5-year swing high breakout

From the Nifty500 pack, three stocks reached a 5-year closing high on November 25, indicating bullish momentum in these counters.

Sensex Today | Stock Market LIVE Updates: Happiest Minds among 8 stocks to trade ex-dividend tomorrow. Do you own?

Shares of Happiest Minds Technologies, Natco Pharma, and six other companies are expected to be in focus during Tuesday’s trading session as their ex-dividend date falls on November 27.

Sensex Today | Stock Market LIVE Updates: Positive Breakout: These 7 stocks close cross above their 200 DMAs

In the NSE mid-cap segment, the closing prices of seven stocks surpassed their 200-day moving averages (DMA) on November 25.

Sensex Today | Stock Market LIVE Updates: Delayed government payments hit cos’ operating cash flows in H1

India Inc’s operating cash flow (OCF) declined sharply in the half-year ending September 30, dropping to 71.4% of their earnings before interest, tax, depreciation, and amortization (EBITDA), compared to 81.8% in the preceding six months.

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

The SME IPO of Rajputana Biodiesel opened for subscription today and will remain open until November 28. The company aims to raise approximately ₹25 crore through this offering, with plans to list its shares on the NSE SME platform. Here are 10 essential details investors should know before considering the public issue.

Sensex Today | Stock Market LIVE Updates: Fitch places some Adani bonds on negative watch after US bribery charges

Fitch Ratings has placed certain Adani Group bonds on negative watch following the indictment of key executives by U.S. authorities on bribery charges.

Sensex Today | Stock Market LIVE Updates: Zomato shares in focus as QIP launches with floor price set at Rs 265.91 per share

Zomato’s shares are likely to be in the spotlight on Tuesday after the food and grocery delivery company set a floor price of ₹265.91 per share for its qualified institutional placement (QIP), which commenced on Monday.

Sensex Today | Stock Market LIVE Updates: Use market rebound to prune exposure to thematic funds

Experts suggest that investors consider using the market rebound as an opportunity to reduce their exposure to sectoral and thematic equity mutual funds purchased during market peaks a few months ago.

Sensex Today | Stock Market LIVE Updates: ‘Buy the Dip’ in large-cap stocks, FII flows unlikely to return soon

Brokerage firm Bernstein suggested it might be an opportune time to “buy the dip” in Indian markets, starting with large-cap, high-quality, and defensive stocks. However, the firm cautioned against investing in small- and mid-cap stocks for now, citing concerns over valuations, peak earnings, and record levels of investor participation.

Sensex Today | Stock Market LIVE Updates: Adani shares drew retail investors just before US probe pullback

Retail ownership in eight of Adani Group’s 10 listed companies increased between December 2022 and the end of September 2023, as per quarterly shareholding data compiled by Bloomberg. This rise likely left retail investors vulnerable to last week’s $30 billion selloff in Adani shares after the U.S. accused Gautam Adani of involvement in a $250 million bribery scheme. The group has denied the allegations.

Sensex Today | Stock Market LIVE Updates: Big movers on D-Street: What should investors do with HPCL, PFC and IRFC?

Benchmark indices climbed over 1% on Monday, driven by a strong performance from blue-chip stocks and the BJP’s notable success in Maharashtra.

Key stocks in focus included HPCL, which surged nearly 5%, PFC with a modest gain of 1.16%, and IRFC, whose shares advanced by 2.71% during the session.

Stock Market LIVE Updates | Stocks in news: HUL, Zomato, Adani Enterprises, Wipro, LT Foods, Power Grid

Domestic markets started the week on a positive note, building on Friday’s momentum with a nearly 1.5% gain. In today’s trading session, stocks such as HUL, Zomato, Adani Enterprises, Wipro, LT Foods, and Power Grid will be in focus due to several news updates.

Sensex Today | Stock Market LIVE Updates | Fitch places Adani Energy and Adani Electricity Mumbai on ‘watch negative’

Fitch Rating on Monday said it has placed ratings on Adani Energy Solutions Ltd and Adani Electricity Mumbai on “watch negative”.

Stock Market LIVE Updates | Oil falls on potential deal to end Israel-Hezbollah conflict

Oil prices slipped in early trade on Tuesday, extending declines from the previous session as investors took stock of a potential ceasefire between Israel and Hezbollah, weighing on oil’s risk premium.

Brent crude futures fell 28 cents, or 0.38%, to $72.73 a barrel by 0106 GMT, while U.S. West Texas Intermediate crude futures were at $68.62 a barrel, down 32 cents, or 0.46%.

Stock Market LIVE Updates | Dollar gains after Trump vows tariffs against Mexico and Canada

The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.

The dollar rose over 2% against the Mexican peso and 1% against its Canadian counterpart.

Stock Market LIVE Updates | Wall St closes higher; small-caps hit record high after Trump nominates Bessent

Wall Street’s main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott Bessent’s nomination as U.S. Treasury secretary helped push bond yields lower.

Focus also turned to talks of a ceasefire deal between Israel and Lebanon, which pushed oil prices lower, dragging the Energy index 2% lower.