Sensex Today | Stock Market LIVE Updates: Sensex, Nifty trade flat; tech stocks under pressure

Sep 18, 2024
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18 Sep 2024 | 10:49:53 AM IST

Synopsis

Sensex Today | Stock Market LIVE Updates: Ahead of the pivotal U.S. Federal Reserve meeting tonight, where Jerome Powell is expected to initiate a rate cut cycle, Dalal Street is in a cautious “wait and watch” mode. Both the Sensex and Nifty opened flat, with profit booking observed in IT stocks.

Sensex Today | Stock Market LIVE Updates: Ahead of the crucial U.S. Federal Reserve meeting tonight, where Jerome Powell is expected to begin a rate cut cycle, Dalal Street remains in a cautious “wait and watch” stance. Both the Sensex and Nifty started the day flat, with profit-taking evident in IT stocks. Oil and gas stocks gained attention as the government announced the removal of the windfall tax on crude oil, previously set at Rs 1,850 per tonne. Bajaj Housing Finance extended its rally for the third consecutive day following its multibagger debut, rising by about 2%.

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Sensex Today | Stock Market LIVE Updates: Sensex jumps over 200 points

Sensex Today | Stock Market LIVE Updates: Sensex jumps over 200 points

Sensex Today | Stock Market LIVE Updates: Nifty hits fresh record high

Sensex Today | Stock Market LIVE Updates: Nifty hits fresh record high

Sensex Today | Stock Market LIVE Updates: Vakrangee shares surge over 11% on fundraising proposal, tie-up with Star Health

Vakrangee’s share price surged over 11% on Wednesday following the company’s announcement of a fundraising proposal and a strategic corporate agency partnership with Star Health & Allied Insurance Company.

Price as on 10.43.59 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Govt approves NPCIL-NTPC JV for nuclear power projects

Govt gives exemption of Rs 5000 crore investment in one JV unit

Price as on 10.37.58 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Top losers on NSE at this hour

Price as on 10.36.43 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Top Gainers on NSE at this hour

Price as on 10.35.54 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Arkade Developers IPO subscribed by over 30 times so far on Day 3. Check GMP, other details

The initial public offering (IPO) of Arkade Developers, which opened on Monday, has been subscribed 30.2 times by the third day of bidding. As of 10:30 a.m., strong demand came from both non-institutional and retail investors, who each subscribed to the issue by over 41 times. Qualified Institutional Buyers (QIBs) subscribed 108% of the issue. Ahead of the IPO, the Grey Market Premium (GMP) for Arkade Developers stood at Rs 86, indicating a 67% premium over the issue price at the upper price band.

Sensex Today | Stock Market LIVE Updates: Bandhan Bank shares up nearly 2%

Price as on 10.29.37 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Northern Arc Capital IPO subscribed by 10 times so far on Day 3 of bidding process

After receiving strong demand during the first two days of the bidding process, Northern Arc Capital’s initial public offering (IPO) was subscribed 10 times by the third day. Non-institutional investors showed significant interest, subscribing to the issue 21.7 times by 10 a.m. Retail investors followed with a 10.8 times subscription, while Qualified Institutional Buyers (QIBs) had subscribed 20% of the issue.

Sensex Today | Stock Market LIVE Updates: F&O Radar| Deploy Bull Call Spread in Nifty to gain from bullish market stance

Option data indicates a broader trading range between 25,000 and 25,800, with a more immediate range of 25,200 to 25,600. Taparia noted that traders can adopt a positive to range-bound stance, with an expected upward move toward the 25,600-25,750 zones.

Sensex Today | Stock Market LIVE Updates: Hero MotoCorp shares gain over 1% on positive outlook

The stock gained momentum due to a positive outlook, as the company experienced favorable trends across its domestic, electric vehicle (EV), and global businesses in the last quarter.

Price as on 10.17.51 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Sensex trading flat, up 20 points after first hour of trade

Stock Market LIVE Updates | Sensex trading flat, up 20 points after first hour of trade

Sensex Today | Stock Market LIVE Updates: Mphasis shares slip nearly 5%

Mid-sized IT services firm Mphasis announced the appointment of Ajay Arya as the head of mergers & acquisitions (M&A), the company said in a regulatory filing.

Price as on 10.09.22 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Bajaj Housing Finance shares now up 170% from IPO price. Buy or sell?

  • Bajaj Finance shares surged nearly 4% to a new high of Rs 188.45 after a strong debut, providing lucky IPO investors with 170% gains.
  • Despite valuation concerns, demand remains high as those who missed out are chasing the stock.


Price as on 10.05.13 AM, Click on company names for their live prices.

Sensex Today | India’s Hindalco announces plans to venture into solar module manufacturing: Reports

Hindalco Industries plans to enter solar module manufacturing with a new plant in Mundra, Gujarat, as part of a five-year strategy. This marks its first venture into green energy components, complementing its strong presence in aluminium production.

Price as on 10.01.14 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates | Gold falls by Rs 240/10 gm in 2 days, while silver down by Rs 860/kg

Gold October futures opened flat at Rs 73,260 per 10 grams, while silver December futures were at Rs 88,750/kg.

Both metals experienced profit-taking ahead of the Fed meeting, declining recently.

Sensex Today | Stock Market LIVE Updates | Gold falls by Rs 240/10 gm in 2 days, while silver down by Rs 860/kg

Sensex Today | Stock Market LIVE Updates | Chavda Infra receives order worth Rs 30.5 crore

Price as on 09.53.39 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: VST Industries shares down nearly 2% as Radhakishan Damani reduces stake

Ace investor Radhakishan Damani has reduced stake in VST Industries by 0.65% at the end of June quarter.

Price as on 09.46.26 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: IRFC shares gain over 1%

Price as on 09.44.51 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Reliance Power shares surge 5% on settling Rs 3,900 crore obligations, dispute with lender

Shares of the troubled Reliance Power surged 5% to reach a day’s high of Rs 32.98 after the company announced the settlement of obligations amounting to Rs 3,872.04 crore, related to guarantees provided to the lenders of Vidarbha Industries Power (VIPL).

Price as on 09.40.12 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Tata Power to invest Rs 70000-75000 crore in renewable energy capacity expansion

Tata Power plans to invest about Rs 70000-75000 crore ($8.95 billion) in renewable energy capacity expansion over the next five to six years.

Price as on 09.33.16 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Torrent Power shares gain over 2% on receiving LOI for hydro storage project

Torrent Power has received a letter of intent for a 1,500 MW pumped hydro storage project from Maharashtra State Electricity Distribution Co Ltd (MSEDCL).

Price as on 09.31.22 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Infosys shares down nearly 2%

The IT services company has announced a long-term collaboration with Metro Bank to digitise its operations using Infosys Topaz, its AI-first offering

Price as on 09.28.44 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Spicejet shares slip in early trade

Price as on 09.27.12 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: IT stocks under pressure in early trade

Sensex Today | Stock Market LIVE Updates: IT stocks under pressure in early trade

Sensex Today | Stock Market LIVE Updates | Quess Corp, Vakrangee among top movers in morning trade on BSE

Price as on 09.21.15 AM, Click on company names for their live prices.

Sensex Today | Stock Market LIVE Updates: Opening Bell: Sensex slips 100 points; Nifty below 25,400; tech stocks under pressure

Sensex Today | Stock Market LIVE Updates: Opening Bell: Sensex slips 100 points; Nifty below 25,400; tech stocks under pressure

Sensex Today | Stock Market LIVE Updates: Last day to buy for eligibility! Multibagger smallcap stock goes for 1:10 stock split

Shares of the multibagger small-cap company Nandan Denim might attract attention today, as the board of directors has set September 19 as the record date to determine shareholder eligibility for a 1:10 stock split.

Sensex Today | Stock Market LIVE Updates: Sensex falls marginally, Nifty tests 25,400 in pre-open session

Sensex Today | Stock Market LIVE Updates: Negative Breakout: 4 stocks cross below their 200 DMAs

Among the stocks listed on the NSE with a market capitalization exceeding Rs 10,000 crore, four saw their closing prices fall below their 200-day moving averages (DMA) on September 17.

Stock Market LIVE Updates: Bajaj Housing Finance, Ola Electric trading at crazy valuations that can’t be justified: Sandip Sabharwal

Sandip Sabharwal of asksandipsabharwal.com criticizes the current trading price of Bajaj Housing Finance, describing it as excessively high. He argues that such valuations are unjustifiable, especially when compared to large, established, and diversified financial companies that are trading at a fraction—ranging from half to one-third, or even as low as 25%—of Bajaj Housing Finance’s valuation.

Sensex Today | Stock Market LIVE Updates: NBFC deposit base grows 21% in FY24 as banks struggle

Non-bank lenders have significantly increased their deposit base by 21% in FY24, according to Reserve Bank of India (RBI) data, while banks have experienced a more modest 13.5% year-on-year growth for the fiscal year ending March 30.

Sensex Today | Stock Market LIVE Updates: RBA Large Trade: 1.07 crore shares worth Rs 113 crore change hands at Rs 115/share

Sensex Today | Stock Market LIVE Updates: FPIs make a beeline for India in September on hopes of Fed rate cut

Foreign portfolio investors (FPIs) have made a strong return to the Indian equity market in September, driven by expectations that the US Federal Reserve might soon start lowering interest rates, which could lead to increased fund flows into emerging markets.

Stock Market LIVE Updates | At multi-year highs: These 4 Nifty stocks witness 5-year swing high breakout

In the Nifty50 index, we have identified four stocks that reached a 5-year swing high at the close on September 17, indicating a bullish trend in these counters.

Stock Market LIVE Updates | Stocks in news: VST Industries, Torrent Power, REC, Tata Power, Mankind Pharma

Domestic markets remained muted for the third day in a row on Tuesday, closing with slight gains. Today, shares of VST Industries, Torrent Power, REC, Tata Power, and Mankind Pharma, among others, will attract attention due to various news updates.

Sensex Today | Stock Market LIVE Updates: Traders shy away from Modi-linked stocks in shift to defensives

Investors in India are avoiding stocks that were anticipated to gain from Prime Minister Narendra Modi’s re-election, choosing instead to invest in defensive sectors.

Sensex Today | Stock Market LIVE Updates: SAIL among 54 stocks to trade ex-dividend tomorrow. Last chance to buy

SAIL, MCX, Texmaco Rail Engineering, and Hindustan Copper, along with 50 other companies, are expected to be in the spotlight today as they have designated September 19 as the record date to determine which shareholders are eligible for dividend payments.

Sensex Today | Stock Market LIVE Updates: Goldman-backed Aragen eyes Rs 12,000 crore as pre-IPO dose; Novo Nordisk keen

The backers and investors of Aragen Life Sciences (formerly known as GVK Bio), a contract research organization supported by Goldman Sachs, are looking to sell approximately 10% of their stake in a pre-IPO round. The company’s valuation is estimated between ₹10,000-12,000 crore (up to $1.5 billion), according to sources familiar with the matter.

Stock Market LIVE Updates | F&O Ban List: LIC Housing, PNB among 10 stocks under trade ban on Wednesday

On Wednesday, ten stocks are subject to a trade ban under the F&O segment. These include Aarti Industries, Balrampur Chini, Biocon, Birlasoft, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Granules India, Hindustan Copper, LIC Housing Finance, Punjab National Bank (PNB), and RBL Bank.

Stock Market LIVE Updates | Big movers on D-Street: What should investors do with Mazagon Dock, Adani Green and Tata Motors

The benchmark Sensex increased by nearly 91 points, reaching a new all-time high, while the Nifty closed above the 25,400 mark for the first time during a range-bound session on Tuesday.

Notable stock movements included Mazagon Dock, which dropped 1.45%, Adani Green, which rose 0.74%, and Tata Motors, whose shares declined by 1.3% on Tuesday.

Sensex Today | Stock Market LIVE Updates: Oil prices steady, with investors focusing on Fed decision

Oil prices stabilized on Wednesday following gains in the past two sessions, as investors look forward to the U.S. Federal Reserve’s expected interest rate cut. The market is also being supported by the potential for increased violence in the Middle East.

Sensex Today | Stock Market LIVE Updates: Gold holds steady ahead of Fed decision

Gold prices remained stable on Wednesday as investors anticipated the Federal Reserve’s first interest rate cut in over four years.

Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian headline indices remained near all-time highs, trading within a narrow range on Tuesday, ahead of the U.S. Federal Reserve’s anticipated interest rate cut and policy commentary. The indices closed in positive territory for the second consecutive session. The Nifty finished at a record high of 25,418.55, gaining 34.80 points or 0.14% over Monday’s close, while its 89.4-point trading range was the smallest in two weeks.

Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a muted start

GIFT Nifty on the NSE IX traded lower by 10 points, or 0.04 per cent, at 25,452.50, signaling that Dalal Street was headed for muted start on Wednesday.

Sensex Today | Stock Market LIVE Updates: Rupee rises 10 paise to settle at 83.76 against US dollar

The rupee appreciated by 10 paise to close at 83.76 against the US dollar on Tuesday, bolstered by strong domestic equities and foreign fund inflows. Forex traders noted that investors are keenly awaiting signals from the US Federal Reserve’s policy decision this week. Additionally, the decline in wholesale inflation to a four-month low, along with robust equities and fund inflows, further supported the domestic currency.

Sensex Today | Stock Market LIVE Updates: US stock market: S&P 500 ends little changed as early gains fade before Fed decision

U.S. stocks ended the day virtually flat on Tuesday, surrendering earlier gains that had pushed the S&P 500 and Dow Jones Industrial Average to record highs. Investors remained cautious ahead of the Federal Reserve’s first rate cut in four and a half years. Earlier in the session, the S&P 500 briefly reached 5,670.81, buoyed by new economic data that helped alleviate concerns about a severe slowdown in the U.S. economy.

Sensex Today | Stock Market LIVE Updates: Tech view: Nifty faces hesitation at all-time high levels ahead of Fed rate move

The Nifty formed a Doji candle on the daily chart near its all-time high, indicating potential short-term hesitation as investors await the upcoming US Fed meeting. Market expectations suggest the Fed might begin with an outsized rate cut, adding to the cautious sentiment.

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Tuesday

The Nifty closed at a new all-time high of 25,418.55, gaining 34.80 points, or 0.14%, compared to Monday’s close. Its trading range of 89.4 points was the narrowest in two weeks. Similarly, the S&P BSE Sensex also reached a record high, ending the session at 83,079.66, up by 91 points or 0.11%.

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