09 Dec 2024 | 10:51:48 AM IST
Synopsis
Sensex Today | Stock Market LIVE Updates | Domestic markets closed marginally lower on Friday in a volatile trading session. Looking ahead, there are a slew of significant economic data releases, including GDP numbers from the US, Japan, and UK, along with China’s CPI and PPI, and India’s CPI.
Sensex Today | Stock Market LIVE Updates | Analysts say adopting a buy-on-dips strategy seems prudent, especially with the potential for an upward move toward 25,500 in the short term. However, minor pullbacks following a sharp rally are possible, further emphasizing the effectiveness of buying on dips to capitalize on this trend.
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Stock Market LIVE Updates | Ashok Leyland, Tata Motors among top losers from auto sector
Price as on 10.51.47 AM, Click on company names for their live prices.
Sensex Today | InCred on Lloyds Metals & Energy Ltd: Add | Target: Rs1,476 | LTP: Rs 1,050 | Upside: 40%
Lloyd Metals is poised for significant growth, and InCred has initiated an “Add” rating with a target price of Rs 1,476, offering a potential upside of 40% from the current level of Rs 1,050.
Despite the company’s strong position as a direct beneficiary of rising iron ore prices, the iron ore business faces challenges due to flawed policies and unviable bidding practices, which have led to a supply deficit.
Stock Market LIVE Updates | Jonjua Air Limited declares rights issue in the ratio of 1:5
Price as on 10.36.07 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Delta Corp share price rises over 1% after the company announced a revision to its previously approved scheme for the demerger of its hospitality and real estate businesses on Friday
Price as on 10.21.21 AM, Click on company names for their live prices.
Stock Market LIVE Updates: Dhanlaxmi Crop Science IPO opens for subscription
Dhanlaxmi Crop Science’s SME IPO opens for subscription today and will close on December 11. The company aims to raise Rs 24 crore through the issue and list its shares on the NSE SME platform. Here are 10 key things investors should know before subscribing to the public offer.
Blackstone-backed International Gemological Institute sets price band for IPO
Blackstone-backed International Gemological Institute (IGI) India has set the price band for its initial public offering (IPO) at Rs 397-417 per share, aiming to raise Rs 4,225 crore. The three-day issue will open for subscription on December 13 and close on December 17.
The offer comprises a fresh issue of Rs 1,475 crore and an offer for sale (OFS) of Rs 2,750 crore by promoter BCP Asia II TopCo Pte Ltd. At the upper price band, the IPO values IGI India at a market capitalization of Rs 16,545 crore.
Sensex Today | Stock Market LIVE Updates: Mark Mobius says US Justice Department had no business prosecuting Adani Group; has a Santa gift for investors
Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, stated that with Trump assuming office in January, the U.S. Justice Department’s focus on prosecuting international companies is likely to decrease significantly. He suggested that this type of work might be scaled back. Mobius also emphasized the importance of scrutinizing the available evidence, noting that much of it could be hearsay. He advised against rushing to conclusions about Adani, preferring instead to evaluate concrete evidence. Furthermore, he commented on the Justice Department’s involvement, implying it had no basis for prosecuting the Adani Group.
Sensex Today | Stock Market LIVE Updates | Buzzing! ITI share price soars over 10%
Price as on 10.05.00 AM, Click on company names for their live prices.
Sensex Today | Godrej Consumer Products shares plunge 10% after the Cinthol soap maker warned on sales and margin for the ongoing quarter.
Price as on 10.00.00 AM, Click on company names for their live prices.
Sensex Today | Star Health shares drop after co receives show cause notice from insurance regulator for non-compliance with various rules and guidelines.
Price as on 09.55.00 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Ceat shares surge 8% after co says it will buy Camso brand from France’s Michelin for $225 million
Price as on 09.49.36 AM, Click on company names for their live prices.
Market LIVE Updates | Rupee falls 5 paise to 84.71 against US dollar in early trade
Sensex Today | Mishtann Foods shares extend losses to 2nd day, fall another 20% to hit lower circuit
Sebi restrained five entities, including Mishtann Foods and its promoter and CMD Hiteshkumar Gaurishankar Patel, from the securities markets till further orders for alleged financial mismanagement, fraudulent transactions, and corporate governance lapses.
The regulator directed Mishtann Foods to bring back nearly Rs 100 crore, an amount the company allegedly misappropriated through dubious transactions with related parties.
Stock Market LIVE Updates | Rites shares rally 3% on bagging order worth USD 9 million from Government of the Co-operative Republic of Guyana
Price as on 09.39.26 AM, Click on company names for their live prices.
Sensex Today | Paytm shares up 3% to fresh high on nod to sale of PayPay stake for Rs 2,364 crore
Paytm shares rallied over 3% to a fresh 52-week high of Rs 1,007 on Monday after its Singapore-based unit approved the sale of its stock acquisition rights (SARs) in Japanese payments firm PayPay for net proceeds of JPY 41.9 billion, equivalent to Rs 2,364 crore. The deal is expected to strengthen the company’s consolidated financial position.
Price as on 09.33.14 AM, Click on company names for their live prices.
Sensex Today | Larsen & Toubro shares rise after co gets favourable order from a tribunal, which set aside Rs 702 cr of customs demand.
Price as on 09.26.53 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Nifty FMCG index drops over 1%; check out the top laggards
Price as on 09.23.04 AM, Click on company names for their live prices.
Stock Market LIVE Updates | HDFC Bank, JM Financial among top movers in morning trade
Price as on 09.21.07 AM, Click on company names for their live prices.
Opening Bell: Sensex marginally lower, Nifty below 24,700; Godrej Consumer falls 8%, HUL 3%
Stock Market LIVE Updates | Seoul stocks drop on S.Korea woes; most Asian markets rise
South Korean stocks fell more than one percent Monday as the country was racked with political uncertainty after President Yoon Suk Yeol averted impeachment following his brief imposition of martial law last week.
The retreat came on a broadly upbeat day for Asian markets despite another record on Wall Street, while traders were also awaiting a high-level economic meeting in China and keeping tabs on Syria after President Bashar al-Assad’s removal.
Sensex Today | Stock Market LIVE Updates: Sensex falls 100 points, Nifty below 24,650 in pre-open session
Sensex Today | Stock Market LIVE Updates: Vodafone Idea shares in spotlight as board to consider Rs 2,000 crore fundraise from Group
Vodafone Idea, a telecom company facing significant debt, is in the spotlight after revealing that its board will consider a proposal to raise up to ₹2,000 crore from Vodafone Group entities during its meeting today.
Sensex Today | Stock Market LIVE Updates: Easy Trip Planners shares in focus after confirming Rs 169 crore strategic acquisitions
Shares of Easy Trip Planners, the operator of EaseMyTrip, will be in focus on Monday after the company announced it has signed a share purchase agreement to acquire a 49% stake in Dubai-based Pflege Home Health Care Center for ₹30 crore.
Sensex Today | Stock Market LIVE Updates: Positive Breakout: These 5 stocks close cross above 200 DMAs
On December 6, the closing prices of five stocks in the Nifty200 index surpassed their 200-day moving averages (DMA).
Sensex Today | Stock Market LIVE Updates: Dhanlaxmi Crop Science IPO opens today: Check key dates, GMP, price band and other details
The SME IPO of Dhanlaxmi Crop Science opens for subscription today and will close on December 11. The company plans to raise ₹24 crore through the offering and list its shares on the NSE SME platform.
Sensex Today | Stock Market LIVE Updates: Religare’s Rashmi Saluja 7th highest-paid CEO at over ₹68 crore in FY24
Rashmi Saluja, Executive Chairperson of Religare Enterprises, received a gross remuneration of ₹68.86 crore in FY24, as per the company’s annual report released on Saturday.
Sensex Today | Stock Market LIVE Updates: Banks unlikely to offer higher deposit rates after CRR cut
Banks are unlikely to raise interest rates on fresh deposits, as the moderation in credit growth and last week’s cash reserve ratio (CRR) cut are expected to provide sufficient liquidity to meet financing needs through the end of FY25.
Sensex Today | Stock Market LIVE Updates: Reverse flip in cart, Flipkart plans IPO delivery in 12-15 months
Flipkart, India’s leading e-commerce company valued at $36 billion, is gearing up for an initial public offering (IPO) within the next 12-15 months, according to multiple sources familiar with the matter.
Sensex Today | Stock Market LIVE Updates: Property Share Investment REIT IPO: Shares to debut today. Here’s what GMP indicates
The shares of Property Share Investment REIT IPO are set to debut on the BSE platform on Monday. Prior to the listing, the company’s shares showed no grey market premium (GMP).
Sensex Today | Stock Market LIVE Updates: Companies whose HY25 profits surpassed FY24 levels beating slowdown
Amid pressure on revenue and profits due to demand concerns, a select group of companies across sectors has reported net profits for the first half of FY25 that surpassed their total profits for the entire previous fiscal year. This performance was driven by factors such as rising revenue, lower input costs, inventory gains, reduced tax liabilities, and improved operating cash flows.
Sensex Today | Stock Market LIVE Updates: Cash still has demand in times of digital push
Despite digital payments reaching new highs every month, cash remains a preferred choice for many. Reserve Bank of India (RBI) data on currency in circulation reveals that cash demand has experienced significant fluctuations this year.
Sensex Today | Stock Market LIVE Updates: Jane Street exercises Dalal Street options
Jane Street Capital, a 25-year-old market-making giant on Wall Street, played a crucial role in enhancing global bond market liquidity during the early months of COVID-19. However, it remained a relatively obscure securities trader in India until recently, when its equity derivatives trades in Mumbai reportedly earned $1 billion in profits.
Sensex Today | Stock Market LIVE Updates: Bullish breakout to take Nifty higher: Analysts
Analysts suggest that technical indicators signal a bullish trend, with the Nifty breaking out of a five-week consolidation phase, potentially setting the stage for an extended rally toward 25,200 in the coming weeks.
Sensex Today | Stock Market LIVE Updates: Investors move HC over NSE IPO delay
Frustrated by the regulatory denial of a no-objection certificate for the National Stock Exchange’s (NSE) initial public offering, a group of investors, led by the People Activism Forum, has once again petitioned the Delhi High Court, requesting that Sebi be directed to approve the listing of shares for the country’s largest bourse.
Sensex Today | Stock Market LIVE Updates | Stocks in news: Ultratech, Paytm, L&T, Biocon, Alembic Pharma
Markets traded within a narrow range on Friday and ended the day nearly unchanged despite an eventful session. In today’s trade, shares of Ultratech, Paytm, L&T, Biocon, Alembic Pharma among others will be in focus due to various news developments.
Sensex Today | Stock Market LIVE Updates | GIFT Nifty signals a negative start
GIFT Nifty on the NSE IX traded lower by 54.25 points, or 0.22 per cent, at 24,729, signaling that Dalal Street was headed for negative start on Monday.
IKS Health IPO price band set at Rs 1,265 per share to Rs 1,329 per share
Sensex Today | Stock Market LIVE Updates | Crypto Watch
- Bitcoin rose 0.9% to $100,960.26
- Ether was little changed at $3,997.35
Stock Market LIVE Updates | Forex News
- The euro was little changed at $1.0559
- The Japanese yen was little changed at 149.89 per dollar
- The offshore yuan was little changed at 7.2788 per dollar
Sensex Today | Global markets check
- S&P 500 futures were little changed as of 9:05 a.m. Tokyo time
- Hang Seng futures fell 0.6%
- Japan’s Topix rose 0.3%
- Australia’s S&P/ASX 200 fell 0.5%
- Euro Stoxx 50 futures rose 0.4%
