12 Sep 2024 | 02:51:36 PM IST
Indian Stock Market
Synopsis
Sensex Today | Stock Market LIVE Updates | Indian benchmark equity indices Sensex and Nifty rose over 1% on Thursday, mirroring global gains. Expectations of increased foreign inflows into domestic equities grow stronger, following U.S. inflation data that bolstered predictions of a 25 basis point rate cut by the Federal Reserve.
Highlights of trade:
- Airtel, RIL, HDFC Bank, Infy together add nearly 500 pts to Sensex rally
- M-cap of BSE-listed cos surge by Rs 4.76L cr
- HDFC Bank, Bharti Airtel key Sensex drivers
- Sensex reclaims 82,000
- Nifty above 25,200
- Gold prices rise on Fed rate cut optimism
- Zomato shares hit record high on UBS coveragenearly
- Will focus on PAT profitability: Vijay Shekhar Sharma, at Paytm AGM
- NBCC, MTNL shares jump up to 5% on signing MoU
- Block deal: Honasa Consumer’s: 10.9% equity worth traded
- Sensex opens 400 pts higher , Nifty above 25,050
Market view by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
Latest US inflation numbers are mildly positive for markets. August CPI inflation coming at 0.2% has brought down the 12-month inflation to 2.5% from 2.9% earlier. This paves the way for a rate cut by the Fed in September. But since core inflation continues to remain high at 3.2% the Fed is likely to be cautious and refrain from a 50bp rate cut, finally settling for a 25bp rate cut.
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Sensex Today | Stock Market LIVE Updates | Granules India shares tank 16% after USFDA issues 6 observations
Granules India’s shares plummeted over 16% to ₹566 on the NSE after receiving six USFDA observations, including issues with cleaning procedures and failure to review discrepancies. Over 3 crore shares were traded.
Price as on 02.51.35 PM, Click on company names for their live prices.
Sensex Today | Western Carriers IPO: What GMP indicates ahead of issue opening tomorrow
- Western Carriers’ IPO opens for public subscription on Friday, with shares currently showing no GMP in the unlisted market.
- Priced at ₹163-172 each, the offer closes on September 18.
- It includes a ₹400 crore fresh equity sale and an OFS of up to 54 lakh shares by Rajendra Sethia.
Sensex Today | Bharti Airtel announces an agreement between Airtel Business and Sparkle
- Airtel will utilize capacity from Sparkle on the Blue-Raman submarine cable systems, linking India and Italy.
- This agreement will help Airtel diversify its extensive global undersea cable network.
- Airtel will secure capacity on Sparkle’s Blue-Raman submarine cable systems.
Price as on 02.47.23 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: RIL stock climbs 2%
Price as on 02.32.01 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Investors gain Rs 5.14 lakh crore
The market capitalisation of all listed companies on BSE surged by Rs 5.14 lakh crore to Rs 465.9 lakh crore.
Sensex Today | Stock Market LIVE Updates: Sensex zooms 1,000 points !
Sensex Today | Stock Market LIVE Updates | Nifty’s gains led by HDFC Bank, Bharti Airtel, RIL, Infosys and M&M
Price as on 02.20.02 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Sector view: Nifty metal, PSU Bank stocks shine at this hour
SENSEX SOARS 900 PTS: HDFC Bank, Airtel lead contributors
Sensex Today | Stock Market LIVE Updates: Top Nifty 50 gainers and losers
Sensex Today | Stock Market LIVE Updates | Sensex heatmap at this hour
Sensex Today | Stock Market LIVE Updates | Ashika Credit Capital to consider fund raising
Price as on 02.05.48 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Sensex up 500 points!
Sensex Today | Stock Market LIVE Updates: Nifty hits 25,000
Sensex Today | Stock Market LIVE Updates | Aditya Agarwala recommends a new long position in Bank Nifty and two stocks to buy
- Aditya Agarwala, Co-founder & Director at Invest4edu, advises initiating a long position in Bank Nifty with a target of 51,700 to 52,000.
- He also recommends buying Britannia with a target of ₹6,250 and a stop loss at ₹5,940, along with two stocks in FMCG and healthcare sectors.
Stock Market LIVE Updates | Bitcoin climbs above $58,000 amid US inflation data and Fed rate cut bets
The cryptocurrency market saw a significant boost on Thursday, driven by U.S. core inflation data that slightly surpassed expectations, lowering the likelihood of a major rate cut by the Federal Reserve next week. As of 1:30 pm IST, Bitcoin had risen 2.4% to $58,058, while Ethereum gained 1% to $2,362. Other major cryptocurrencies also saw gains: BNB rose 5.6%, Solana increased by 2.2%, Dogecoin advanced 2%, Toncoin was up 2%, Cardano climbed 4.5%, and Shiba Inu gained 1.2%.
Sensex Today | Minda Corp to raise Rs 1,000 crore via QIP, preferential share issue
- Minda Corporation’s board has approved a ₹1,000 crore fundraising plan through a preferential issue of shares or QIP.
- This decision, announced during market hours, caused Minda Corp’s shares to rise 2.6% to ₹545 on the NSE.
Stock Market LIVE Updates| Shree Tirupati Balajee shares list below expectations. What should investors do?
Shree Tirupati Balajee’s listing at an 11% premium fell short of expectations, but the stock is now trading 17% higher on its first day. The market had anticipated a 20-30% premium. Analysts predict strong growth in the FIBC market, driven by rising demand across sectors and the e-commerce boom.
Stock Market LIVE Updates | Motisons Jewellers shares zoom around 6% to hit all-time high
Price as on 01.46.02 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Paisalo Digital has approved the issuance of commercial papers valued up to Rs 90 crore
Price as on 01.42.24 PM, Click on company names for their live prices.
Stock Market LIVE Updates| CE Info Systems announces Mappls MapmyIndia’s partnership with Zoomcar
Price as on 01.38.16 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | CY24 IPO success: Stocks that have more than doubled in value
In CY24, 50 companies raised Rs 53,500 crore through IPOs. Analysis shows 40 stocks gained over 10%, with seven doubling in value. Top IPOs, including Awfis and TBO Tek, surged over 90%.
Price as on 01.35.19 PM, Click on company names for their live prices.
Stock Market LIVE Updates | HSBC bullish on Kalyan Jewellers, raises target price to Rs 810
Price as on 01.33.58 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Hindenburg questions SEBI chief for staying silent on new charges
Hindenburg Research has criticized SEBI chief Madhabi Puri Buch for her “complete silence” on new allegations of impropriety and conflicts of interest, including accepting payments from companies while at SEBI. Buch, who has not responded, canceled her keynote at the NaBFID Infrastructure Conclave amid these accusations.
Stock Market LIVE Updates | Bharti Airtel announces the expansion of its home Wi-Fi service to all 22 districts in Jammu & Kashmir and Leh-Ladakh
Price as on 02.42.09 PM, Click on company names for their live prices.
Stock Market LIVE Updates| China stock selloff pushes benchmark to lowest since early 2019
Sensex Today | Stock Market LIVE Updates | Vedanta plans to expand nickel sulphate production, to tap overseas demand
- Vedanta plans to boost nickel and nickel sulphate production to meet growing EV battery material demand in Northeast Asia.
- The company’s unit, Vedanta Nico, will expand capacity but has not disclosed specific production or investment details.
- Company also seeks to influence Japan and South Korea to remove nickel sulphate import duties, citing weak domestic demand.
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Price as on 01.21.26 PM, Click on company names for their live prices.
Japan’s Nikkei rallies on Wall Street gains, softer yen
Japan’s Nikkei rose 3.4% to 36,833.27 on Thursday, ending a seven-day decline, driven by Wall Street’s gains and a weaker yen. The Topix also gained 2.4%, closing at 2,592.5.
Stock Market LIVE Updates | Vi says its fundraising efforts are progressing, with the bank evaluation now complete: Report
Price as on 01.15.02 PM, Click on company names for their live prices.
European shares jump 1% on tech boost; ECB meet in focus
- European shares opened over 1% higher on Thursday, driven by strong tech stocks.
- The STOXX 600 index rose 1.2% to 514.17 points, poised for its best day in nearly a month, ahead of the ECB’s rate decision.
Stock Market LIVE Updates| Granules India shares fall 12% on concerns over six USFDA observations to the Gagilapur unit
Price as on 01.10.35 PM, Click on company names for their live prices.
Sensex Today | Understanding ratios in crypto options trading: A guide to effective risk management
- Ratios are essential for balancing risk and reward in options trading, as explained by Saketh Ramakrishna of Delta Exhange
- He illustrated their use with examples, such as comparing spread trades.
- Key insights include assessing if rewards justify risks, evaluating spreads, and adapting strategies based on market conditions.
- Future sessions will cover advanced trading techniques.
Sensex Today | Stock Market LIVE Updates: Sensex jumps 200 points, top gainers and losers at this hour
Stock Market LIVE Updates | Suzlon Energy shares hit 52-week high
Stock Market LIVE Updates| Russian rouble strengthens ahead of the central bank rate meeting
The Russian rouble strengthened ahead of the central bank’s September 13 meeting, where the benchmark interest rate is expected to remain at 18%. By 0715 GMT, it rose 0.4% to 12.66 against the yuan and 0.6% to 91.00 against the dollar, according to LSEG data. The rouble remained flat at 12.70 against the yuan on the Moscow Stock Exchange.
Stock Market LIVE Updates | Milk Bikis biscuits maker Britannia gets ‘buy’ call from analyst
Price as on 12.54.52 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Nifty Midcap 100 trades around 1% higher
Top gainers at this hour
Sensex Today | Stock Market LIVE Updates: Nifty Bank trades in green. Top gainers and losers at this hour
Stock Market LIVE Updates: Silver futures jump on spot demand
Silver prices surged by Rs 379 to Rs 84,829 per kg in futures trading on Thursday, driven by strong spot demand. On the Multi Commodity Exchange, December contracts rose 0.45% to Rs 84,829 in 30,156 lots. Analysts attributed the increase to fresh positions and a positive domestic trend.
Stock Market LIVE Updates | Maruti Suzuki launches Swift S-CNG Car at an ex-showroom price of Rs 8.2 lakh: Report
Price as on 12.39.40 PM, Click on company names for their live prices.
Stock Market LIVE Updates| Kalpataru Projects bags order worth ₹2,774 crore: Report
Price as on 12.39.47 PM, Click on company names for their live prices.
Stock Market LIVE Updates | CG Power stock jumps over 4%
Price as on 12.34.36 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Easy Trip Planners drops 2% as company launches Scanmytrip.Com marketplace, integrated on ONDC Network.
Price as on 12.33.37 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Annapurna Swadisht shares rise over 6% as co successfully completes fund raise through QIB allotment
Price as on 12.31.51 PM, Click on company names for their live prices.
Sensex Today | Adani Ports shares gain as SC says the company can continue Coastal Energen ops for now
Adani Port: Court rules that the Adani-led group can continue operations at Coastal Energen, ensuring stability for the company amidst ongoing legal issues.
Price as on 12.30.44 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Raymond to invest Rs 50 crore in one or more tranches in Ten X Realty
Price as on 12.28.24 PM, Click on company names for their live prices.
Stock Market LIVE Updates | C.E. Info Systems Limited (MapmyIndia) announces a partnership with Zoomcar
Price as on 12.27.11 PM, Click on company names for their live prices.
Sensex Today | Minda Corp board approves fundraise of up to Rs 1,000 cr via issue of shares, QIP; stock jumps 2%
Price as on 12.24.20 PM, Click on company names for their live prices.
Sensex Today | Baroda BNP Paribas Large & Mid Cap Fund turns Rs 10,000 SIP into Rs 9 lakh in 4 years
- Launched in September 2020, the Baroda BNP Paribas Large & Mid Cap Fund is an open-ended equity scheme investing in large and mid caps.
- It has delivered 49.78% annual, 22.04% three-year, and 29.84% since inception returns.
Stock Market LIVE Updates | Mid-day Market Mood
- Sensex off day’s high, trdaes 200 pts higher
- Nifty near 25,000
- Top gainers: Bajaj Auto, Shriram Finance
- Top losers: Nestle, Tata Motors
- India VIX drops 3%
- All sectors trade in green
Stock Market LIVE Updates | Global Markets Check
- S&P 500 futures rose 0.2% as of 6:45 a.m. London time
- Nasdaq 100 futures rose 0.2%
- Futures on the Dow Jones Industrial Average rose 0.1%
- The MSCI Asia Pacific Index rose 1.6%
- The MSCI Emerging Markets Index rose 1.2%
- Japan’s Topix rose 2.6%
- Australia’s S&P/ASX 200 rose 1%
- Hong Kong’s Hang Seng rose 1.1%
- The Shanghai Composite rose 0.1%
- Euro Stoxx 50 futures rose 1.3%
Sensex Today | Engineers India, Granules India among top gainers & losers at this hour
Price as on 12.08.02 PM, Click on company names for their live prices.
Sensex Today | PN Gadgil Jewellers IPO Day 3 Update
- The issue has been subscribed 12.91 times so far
- Retail Individual Investors (RIIs) portion: 11.57 times
- Non Institutional Investors(NIIS): 32.22 times
- Qualified Institutional Buyers (QIB)s: 0.79 times
Sensex Today | Australian shares end higher, tracking tech-driven Wall Street rally
Australian shares climbed on Thursday, following a rally on Wall Street. Tech and energy stocks were the main contributors to the gains, and local uranium miners saw a boost amid speculation that Russia might consider restricting the supply of the metal.
The S&P/ASX 200 index increased by 1% to 8,071.2 points by the close of trading, recovering from a 0.3% decline on Wednesday.
Stock Market LIVE Updates | Veerhealth Care shares surge 7% on receiving export order worth Rs 33.35 lakhs
Price as on 11.57.29 AM, Click on company names for their live prices.
Sensex Today | Zomato, Tata Motors, Mamaearth among top NSE 500 stocks that hit 52-week high today
Stock Market LIVE Updates | Cressanda Railway Solutions shares drop 4%
The company has recently won contracts for high-impact train wrap advertising with Maharashtra Tourism and Bureau of Indian Standard.
Price as on 11.46.39 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Kalpataru Projects International shares gain on winning new orders worth Rs 2,774 crores
Price as on 11.50.34 AM, Click on company names for their live prices.
Stock Market LIVE Updates | In Focus: Rama Steel Tubes shares gain 3%
Price as on 11.41.26 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Japan’s key Nikkei index closes up 3.4%
Stock Market LIVE Updates | Bharat Rasayan shares to trade ex-dividend today; stock up 1%
The company announced a dividend of Rs 1.5 per share earlier.
Price as on 11.34.23 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Aarti Industries shares under F&O trade ban today
The MWPL for Aarti Industries stood at 106.6% on Wednesday with OI reported by Trendlyne at 18.6 million. It was up 17.9% from the previous session.
Price as on 11.31.21 AM, Click on company names for their live prices.
Sensex Today | Granules India share price gains 8% as its Gagillapur Facility completes US FDA inspection with 6 observations
Price as on 11.25.38 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Bajaj Auto shares hit 52-week high
The Union Cabinet on Wednesday approved the PM E-Drive Scheme with an outlay of Rs 10,900 crore for two years to boost adoption of electric vehicles in India, replacing the flagship FAME programme that ran for nine years till March.
Stock Market LIVE Updates | Zomato stock hits record high
Brokerage firm UBS has reiterated its buy rating on the stock, setting a target price of Rs 320, driven by positive growth prospects for the company.
In its note, UBS highlighted that industry volumes have been growing at approximately 2.5% month-on-month in August 2024, after adjusting for the number of days in the month.
Stock Market LIVE Updates | Ircon International shares trade ex-dividend
The board of Ircon International had fixed a final dividend of Rs 1.30 per share for the financial year 2023-24, earlier in the month of May.
Price as on 11.14.39 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Adani Ports shares gain 2%
Adani Ports and SEZ to develop a multipurpose berth at Gujarat’s Kandla Port.
Price as on 11.09.23 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Arvind Fashions In Focus
Goldman Sachs has bought over 13 lakh shares worth Rs 75 crore in Arvind Fashions through block deal.
Price as on 11.08.05 AM, Click on company names for their live prices.
Stock Market LIVE Updates | SBI shares gain as it signs shareholders’ aggreement with two other banks
State Bank of India, PT Bank KEB Hana Indonesia, and Bank SBI Indonesia have signed a shareholders’ agreement. Under this agreement, Bank KEB Hana Indonesia will invest in 1% of the shares of Bank SBI Indonesia through preference shares.
Price as on 11.01.26 AM, Click on company names for their live prices.
Stock Market LIVE Updates | HDFC in talks with global banks to offload $1 billion in loans: Bloomberg news
Price as on 10.55.25 AM, Click on company names for their live prices.
Stock Market LIVE Updates | RR Kabel among 4 stock picks with up to 27% upside: YES Securities
Domestic brokerage firm YES Securities has identified several stocks with strong growth potential. These stocks, spanning sectors such as infrastructure, real estate, and agriculture, offer investors the opportunity for potential gains of up to 27%.
Stock Market LIVE Updates | AGS Transact Technologies wins order worth Rs 58 crore from Indian Oil
The company annouced the implementation and commencement management of prepaid card platform for Indianoil’s flagship ”Xtrapower”, with an order value of Rs 58 crore over 5 years.
Price as on 10.50.12 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Nifty Metal gains over 1%; check out the top gainers
Price as on 10.36.31 AM, Click on company names for their live prices.
Rupee holds above record low on likely cenbank intervention
On Thursday, the Indian rupee remained relatively stable, staying above its all-time low, thanks to likely intervention by the Reserve Bank of India (RBI) amid a general weakness in most Asian currencies.
As of 10:20 a.m. IST, the rupee was trading at 83.9725 against the U.S. dollar, only slightly changed from its previous close of 83.9775. Last week, it reached a record low of 83.9850.
Stock Market LIVE Updates | Sebi considers new rules to curb risks as tiny IPOs boom
India’s securities regulator is contemplating stricter oversight for micro-cap companies going public. This may involve enhanced monitoring of how these companies use their funds and implementing more rigorous due diligence requirements for merchant bankers, according to a source involved in the discussions.
Sensex Today | Inox Wind’s EPC projects arm Resco Global completes Rs 350 crore equity raise; stock jumps 2%
Price as on 10.14.59 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Brokerage take on Adani Ports
Goldman Sachs has reiterated its buy rating on Adani Ports, setting a target price of Rs 1,630.
The global brokerage firm has become more optimistic about Adani Ports after a recent visit to Mundra Port. They see significant potential for expanding port capacity at Mundra, with expected increases in capacity from group ventures likely to enhance long-term import and export volumes. The extensive land bank at Mundra SEZ offers strong growth prospects, and Goldman Sachs anticipates the development of new capacities.
Stock Market LIVE Updates | Brokerage take on Zomato
UBS has maintained a buy rating on Zomato with a target price of Rs 320.
Industry volumes grew by 2.5% month-over-month in August 2024, after adjusting for the number of days. UBS expects a continued push-and-pull dynamic between Zomato and Swiggy into Q2 FY25. They estimate Zomato’s GMV growth for Q2 FY25 to be 7% quarter-over-quarter.
Sensex Today | JSW Steel reports consolidated crude steel production of 23.16 lakh tonnes for August
- The Company commissioned all major facilities to expand its capacity from 3.5 MTPA to 4.5 MTPA at BPSL.
- Production ramp-up is expected gradually by Q3 FY25.
- Monthly Crude Steel production was higher by 2% YoY in the Indian Operations with a capacity utilisation of 91%. US operations remained flattish.
- Consolidated crude steel production grew by 1% YoY.
Price as on 10.11.15 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Shree Tirupati Balajee shares list at 12% premium over IPO price
On Thursday, Shree Tirupati Balajee Agro Trading’s shares made their debut on the stock exchanges with a premium of 11.9%. The stock listed at Rs 92.90 on the BSE and Rs 90.00 on the NSE, reflecting an 8.4% premium over the issue price of Rs 83.00.
Prior to the listing, the company’s shares were trading with a grey market premium (GMP) of Rs 25.
Stock Market LIVE Updates | Suzlon Energy in Focus
The company’s shares have surged 10% in the past two trading session. The positive investor sentiment is driven by Morgan Stanley’s overweight stance on the renewable energy sector.
Price as on 10.01.25 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Engineers India shares gain 2% on securing orders worth Rs 4,681 crore in FY25 so far
Price as on 09.48.47 AM, Click on company names for their live prices.
We want to be mature to deliver PAT profitability. With commitment to the core payments business, we aim to deliver PAT profitability
– says Vijay Shekhar Sharma, Paytm Founder and CEO
Stock Market LIVE Updates | Nazara announces investment in STAN, a leading gaming community platform in India
Nazara Technologies, through the company’s wholly owned subsidiary Nazara Dubai FZ, announced an acquisition of 15.86% stake in GetStan Technologies Pte. Ltd (“STAN”), a leading esports community platform in India. Nazara will purchase 15.86% in STAN for ~Rs 18.4 cr (US$2.2 million) in an all-cash secondary transaction.
Price as on 09.45.41 AM, Click on company names for their live prices.
Sensex Today | HUL, ICICI Bank aming top stocks to buy today
- Indian Hotels: Buy | Target: Rs 800 | Stop Loss: Rs 645
- Asian Paints: Buy| Target: Rs 3,900 | Stop Loss: Rs 3,180
- Havells India: Buy | Target: Rs 2,100 | Stop Loss: Rs 1,900
- Info Edge: Buy | Target: Rs 8,000 | Stop Loss: Rs 7,600
- Britannia Industries: Buy | Target: Rs 6,500 | Stop Loss: Rs 5,900
- Hindustan Unilever: Buy | Target: Rs 3,000 | Stop Loss: Rs 2,860
- ICICI Bank: Buy | Target: Rs 1,280 | Stop Loss: Rs 1,215
- Aarti Industries: Buy | Target: Rs 625 | Stop Loss: Rs 526
Stock Market LIVE Updates | Vijay Shekhar Sharma at Paytm AGM
- We will focus on PAT profitability more than EBITDA, before ESOPs
- My team has transformed the business model into a payment centric, focusing on merchant payment solutions along with loan, insurance or mutual fund services for them.
- We have effectively scaled this business model, where merchants use devices like Soundbox and Card Machines through subscriptions
- Today, what Paytm has achieved in India especially in mobile payments is a topic of discussion everywhere.
Stock Market LIVE Updates | NBCC, MTNL shares jump up to 5% on signing MoU for project worth Rs 1,600 crore
Memorandum of Understanding (MoU) has been signed between NBCC (India) Limited and Mahanager Telephone Nigam Limited (MTNL) on September 11, 2024 to collaborate to develop a prominent land parcel of MTNL measuring approximately 13.88 acres located on Pankha Road, new delhi. The project is valued at Rs. 1,600 crores approximately.
Price as on 09.32.43 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Vijay Shekhar Sharma at Paytm AGM
- We will apply for a payments aggregator licence to RBI in due course
- Will make AI part of our core biz
- We want to commit to PAT profitability
- See opportunity to cut down costs further with AI adoption
Stock Market LIVE Updates | NBCC, Tata Steel among top movers in morning trade
Price as on 09.24.11 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Block deal in Honasa Consumer; stock down over 5%
10.9% equity worth Rs 1,763 crore changes hands in Honasa Consumer block deal
Sensex Today | Stock Market LIVE Updates | Opening Bell
Sensex rallies 400 pts, Nifty above 25,050; Tata Steel, Zomato rise up to 3%
Sensex Today | Stock Market LIVE Updates: BEML, GRSE among 76 stocks to trade ex-dividend tomorrow. Do you own any?
State-owned BEML and Garden Reach Shipbuilders (GRSE), along with 74 other companies, are expected to be in the spotlight today. These companies have designated September 13 as the record date for determining which shareholders are eligible for dividend payments.
Sensex Today | Stock Market LIVE Updates: Sensex rises over 400 points, Nifty above 25,000 in pre-open session
Sensex Today | At multi-year highs: These 5 stocks witnessed 5-year swing high breakouts
Within the Nifty500 index, we have compiled a list of five stocks that reached a 5-year swing high at the close on September 11, indicating a bullish trend in these counters.
Sensex Today | Brokerage Radar: UBS on Zomato
Maintain Buy with target price of Rs 320
Industry volumes grew c2.5% MoM in Aug’24, adjusted for number of days
Zomato vs Swiggy: push and pull continued into Q2FY25
Estimate Zomato’s Q2FY25 GMV growth at 7% QoQ
Latest US inflation numbers are mildly positive for markets. August CPI inflation coming at 0.2% has brought down the 12-month inflation to 2.5% from 2.9% earlier. This paves the way for a rate cut by the Fed in September. But since core inflation continues to remain high at 3.2% the Fed is likely to be cautious and refrain from a 50bp rate cut, finally settling for a 25bp rate cut. CPI inflation in India also is expected to be low at around 3.5% in August. This can facilitate a rate cut by the MPC in 2024 itself. In brief, the benign inflation conditions and prospects for rate cuts are positives for stock markets. FIIs turning buyers in the cash market during the last three days is another indication that the market will continue to be resilient. The record Rs 3.23 lakh crore application money from 89 lakh investors for Bajaj Housing Finance IPO is a reflection of the humongous liquidity chasing stocks in the Indian market now. The bullish undercurrent of the market will continue.
– Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
Sensex Today | Stock Market LIVE Updates: ET Now sources say Honasa Consumer Block Deal likely today
Sensex Today | F&O Ban List: Aarti Industries, Bandhan Bank among 7 stocks under trade ban on Thursday
On Thursday, seven stocks are subject to a trade ban in the Futures & Options (F&O) segment. These stocks include Aarti Industries, Aditya Birla Fashion and Retail (ABFRL), Balrampur Chini, Bandhan Bank, Chambal Fertilizers & Chemicals, Hindustan Copper, and RBL Bank.
PNB Housing block deal: 0.6% equity traded in pre-market block deal
Stock Market LIVE Updates | Tolin Tyres share allotment expected today: Check status, GMP, listing date and other details
The share allotment for the Tolin Tyres IPO is expected to be finalized today. Shares will be allocated through a lottery system, with the entire process overseen by the registrar.
Stock Market LIVE Updates | Kross IPO share allotment soon: Check status, GMP, listing date & other details
The share allotment of Kross IPO is likely to be finalised today. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.
Stock Market LIVE Updates | Sodhani Academy IPO: Check issue size, price band, GMP and other details
The SME IPO of Sodhani Academy is set to open for subscription today and will close on September 17. The company seeks to raise approximately ₹6.12 crore through this offering and plans to list the shares on the BSE SME platform.
Sensex Today | Stock Market LIVE Updates: Shree Tirupati Balajee Agro Trading shares to list on Thursday. Here’s what GMP indicates
Shree Tirupati Balajee Agro Trading’s shares are set to make their debut on the stock exchanges this Thursday. Prior to the listing, the company’s shares are being traded in the grey market with a Grey Market Premium (GMP) of ₹25.
Sensex Today | Bajaj Housing Finance share allotment likely today: Check status, GMP, listing date and other details
The share allotment for the Bajaj Housing Finance IPO is expected to be finalized today. Shares will be allocated through a lottery system, and the registrar will oversee the entire process. On the allotment date, investors will learn how many shares they have been allocated in relation to their bids.
Sensex Today | Stock Market LIVE Updates: Fed expected to deliver quarter-percentage-point rate cut next week
US central bankers are expected to begin anticipated interest rate cuts next week, initiating a reduction of a quarter percentage point. This move aims to lower the risk of a recession, while persistent underlying price pressures deter them from taking more aggressive measures.
Sensex Today | Stock Market LIVE Updates: 18 mutual fund NFOs garner Rs 13,815 crore in August
In August, approximately 18 new funds were introduced, collectively raising over ₹13,815 crore, according to the monthly data published by AMFI.
Sensex Today | Stock Market LIVE Updates: Bajaj Housing Finance finds place in history books after getting bids worth Rs 3.2 lk cr
On Wednesday, Bajaj Housing Finance’s ₹6,560 crore initial public offering (IPO) achieved several milestones, with the issue being oversubscribed 64 times on the final day of bidding. This underscores the vitality of India’s thriving primary markets.
Sensex Today | Stock Market LIVE Updates: Protesting Sebi employees yet to reach accord with management
A week after the markets regulator Sebi issued a statement suggesting that previous staff complaints may have been influenced by unidentified ‘external’ elements, dissenting employees and Sebi’s head, Madhabi Puri Buch, still seem far from reaching an agreement.
Sensex Today | Stock Market LIVE Updates: Vedanta raises $900 million via bonds at 10.875%
On Wednesday, Vedanta Resources issued $900 million in five-year bonds through a subsidiary, with an interest rate of 10.875%. The funds raised will be used to refinance existing debt at the holding company of the metals and resources conglomerate.
Stock Market LIVE Updates | Bajaj Housing Finance share allotment likely today: Check status, GMP, listing date and other details
The share allotment for the Bajaj Housing Finance IPO is expected to be finalized today. Shares will be distributed through a lottery system, and the entire process is overseen by the registrar. On the allotment date, investors will learn how many shares have been allocated to them in relation to their bids.
Sensex Today | Stock Market LIVE Updates: Paint, tyre, oil marketing and aviation companies cheer fall in crude oil prices
A decline in oil prices is generally advantageous for India, a major crude importer. Over the past five days, Brent crude futures have fallen by 3.9%, and in the last month, they have decreased by 13.7%, dropping below $70 a barrel for the first time in three years. This decrease is attributed to concerns about economic slowdowns in the US and China.
Stock Market LIVE Updates | Stocks in news: Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCC
Shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, and NBCC will be in focus due to various news developments including investments, collaborations, and project approvals.
Stock Market LIVE Updates | Key global events to track today
- Japan PPI
- ECB rate decision
- US initial jobless claims, PPI
Stock Market LIVE Updates | D-Street Recap
Domestic equity indices closed lower on Wednesday as investors took profits from various sectors, in anticipation of crucial U.S. inflation data that might impact the magnitude of a potential Federal Reserve interest rate cut next week.
The Nifty 50 index fell 0.49% to 24,918, while the S&P BSE Sensex lost 0.49% to 81,523.
Stock Market LIVE Updates | Asian stocks rise as traders look to Fed rate cut: Markets wrap
Asian stocks gained on Thursday, buoyed by a tech-driven rally on Wall Street, as investors looked past high core U.S. inflation in favor of anticipated rate cuts next week.
Markets in Japan and South Korea saw gains, with the Topix index rising the most it has in nearly a month. In Tokyo, the market’s performance was partly influenced by the yen’s reversal from its strongest level against the dollar since December.
Stock Market LIVE Updates | Forex News
- The euro was little changed at $1.1010
- The Japanese yen fell 0.3% to 142.79 per dollar
- The offshore yuan was little changed at 7.1282 per dollar
Stock Market LIVE Updates | Global Markets Check
- S&P 500 futures were little changed as of 9:06 a.m. Tokyo time
- Japan’s Topix rose 2.3%
- Australia’s S&P/ASX 200 rose 0.2%
- Euro Stoxx 50 futures rose 0.2%