Stock Market Live Updates 14 June 2024: Asian markets mixed ahead of BoJ policy decision; tech rally boosts US stocks

Jun 14, 2024
stock-market-live-updates-14-june-2024:-asian-markets-mixed-ahead-of-boj-policy-decision;-tech-rally-boosts-us-stocks

Updated – June 14, 2024 at 07:48 AM.

Sensex, Nifty, Share Prices LIVE: The Indian stock market is anticipated to open flat to negative as analysts predict profit booking following recent gains. Weak global sentiment is also expected to influence market trends. Additionally, the market eagerly awaits the Union Budget presentation, likely to occur in the third week of July. The market has exhibited a consolidating trend with a positive bias, gradually inching up and is anticipated to continue its uptrend due to robust domestic macros, healthy monsoon predictions, and strong earnings expectations. Notably, midcap and smallcap stocks continue to sustain buying momentum, supported by robust earnings growth. Analysts emphasise a stock-centric approach in light of favorable performance in the mid-cap and small-cap space throughout the week, advising caution when carrying aggressive bets over the weekend.

tock Market today| Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 14 June 2024.

ALL UPDATES

  • June 14, 2024 07:47

    Stock Market Live Today: Societe Generale buys 5.21 lakh shares of Interglobe Aviation

    Interglobe Aviation Ltd.

    SOCIETE GENERALE bought 5,21,183 @ Rs. 4,300.40

  • June 14, 2024 07:46

    Stock Market Live Today: RITES, Del Metro ink MoU

    RITES

    Co. signs MoU with Delhi Metro for Exploring Consultancy and O&M of Metro Rail System.

  • June 14, 2024 07:45

    Stock Market Live Today: LIC hikes stake in Dr Reddy’s to 5.01%

    LIFE INSURANCE CORP: CO INCREASED ITS SHAREHOLDING IN DR. REDDY’S LABORATORIES FROM 4.95% TO 5.01%

  • June 14, 2024 07:45

    Stock Market Live Today: Sterlite gets RBI nod for Pargro acquisition

    STERLITE TECHNOLOGIES: CO SAYS UNDER AGREEMENT FOR SUPPLY OF A TURNKEY SOLUTION TO DATA MANAGEMENT CENTRE, PRODUCT COMPONENT WAS SUPPLIED BY CO || CO SAYS DMC IS CLAIMING $2.7M AS DAMAGES FOR LOSSES INCURRED DUE TO DELAYS AND FAILURE TO PERFORM OBLIGATIONS UNDER AGREEMENT

    STERLITE TECHNOLOGIES: CO SAYS CO WILL DEFEND THIS CLAIM AND WILL ALSO RAISE COUNTERCLAIMS FOR OUTSTANDING AND OVERDUE PAYMENTS

  • June 14, 2024 07:44

    Stock Market Live Today: National Aluminium announces acquisition approval and RBI clearance for Pargro

    NATIONAL ALUMINIUM CO: CO EXECUTED A MINING LEASE DEED WITH STATE GOVERNMENT OF ODISHA || MINING LEASE DEED OVER AN AREA OF 697.979 HECTARES FOR BAUXITE MINES IN POTTANGI TEHSIL, KORAPUT DISTRICT

    NATIONAL ALUMINIUM CO: CO SAYS BAUXITE MINES HAVE ANNUAL PRODUCTION CAPACITY OF 3.5M TONNES AND RESERVES ESTIMATED AT 111M TONNES || CO SAYS MINE IS EXPECTED TO BECOME OPERATIONAL SOON

  • June 14, 2024 07:42

    Stock Market Live Today: Pidilite Industries unit to acquire Pargro after RBI nod

    PIDILITE INDUSTRIES: CO SAYS PARGRO WILL BE ACQUIRED THROUGH CO’S UNIT BHIMAD COMMERCIAL || CO SAYS RBI HAS NOW GRANTED APPROVAL TO PARGRO FOR CHANGE IN SHAREHOLDING AND CHANGE IN BOARD COMPOSITION OF PARGRO

  • June 14, 2024 07:40

    Stock Market Live Today: Srestha Finvest partners with Felix Industries to boost renewable energy and sustainability efforts

    Srestha Finvest: Co has entered into facility agreement with Felix Industries. Co says agreement aimed at advancing renewable energy and sustainability initiatives. Srestha Finvest: Co says agreement paves way for Srestha towards lending in renewable energy and clean water related projects. Srestha will fund 25M rupees for targeting above mission in next 1-2 years.

  • June 14, 2024 07:37

    Stock Market Live Today: Neeraj Sharma , AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates

    “The key equity indices, the Sensex and the Nifty50, began trading at all-time highs on Thursday, followed by the good performance of global markets, boosted by a good U.S. inflation report, which raised anticipation of a likely interest rate cut by US Federal reserve. Technically, the index on a daily scale has formed a bearish belt hold pattern. As per this pattern, if the index sustains below 23,350, then profit booking is expected. On the downside, immediate support for the Nifty is placed near 23,000, followed by 22,720, where the 34-Days Exponential Moving Average (DEMA) support is placed.

    The Bank Nifty index opened with a gap up but subsequently lost momentum and finally closed the day on a negative note at 49,847. Technically, the Bank Nifty on a daily scale has formed a bearish Marubozu candlestick pattern following the formation of a tri-star doji, indicating weakness. On the downside, immediate support for the index is placed near 49,000 levels, where the 21-DEMA is placed.”

  • June 14, 2024 07:37

    Stock Market Live Today: Nifty endures another momentum-less day, says Ashwin Ramani, Derivatives & Technical Analyst at SAMCO Securities

    Nifty opened with a gap up and moved down quickly, consolidating for the rest of the day to close at 23,399, up 76 points. The India VIX, closed 6.26% lower on Intraday basis and settled at 13.49. This was India VIX fourth consecutive fall.

    The Foreign Portfolio Investors’ (FPIs) long short ratio jumped further to 41% on 12th June from 37% on 11th June as the FPIs remained resilient and continued to build significant long positions and continued covering their short positions in the Index futures.

  • June 14, 2024 07:33

    Stock Market Live Today: OPENING BID: Sensex, Nifty to see flat opening with downward bias

    Indian benchmark indices, Sensex and Nifty, are expected to open flattish to negative on Friday. After a couple of days of gains, analysts expect profit booking. Besides, weak global sentiment will also keep the market under control. Gift Nifty at 23,390 signals a downward bias for Nifty. The next big trigger would be the Budget presentation, likely in the third week of July.

  • June 14, 2024 07:32

    Stock Market Live Today: Stocks that will see action today: 14 June 2024

    Buzzing Stocks: Ambuja Cements, Suven Pharma, Havells India, Wipro, Asian Energy, , Puravankara, Signature Global, Suzlon, Butterfly Gandhimathi, Advait Infratech, Electrosteel Castings, Cupid, Zaggle, Nitco

  • June 14, 2024 07:16

    Stock Market Live Updates: Key Market Data — 13/06/24

    📌 Market Levels

    BSE Sensex: 76810.90 (+204.33)

    Nifty 50: 23398.90 (+75.95)

    NIFTY MID CAP 100: 54652.25 (+426.15)

    NIFTY SMALL CAP 100: 17908.10 (+119.80)

    📌 Index PE & PBV

    SENSEX PE / PBV : 23.20 / 3.78

    NIFTY 50 PE / PBV : 

    22.25 / 4.06

    NIFTY MIDCAP 100 PE / PBV : 40.92 / 4.90

    NIFTY SMALLCAP 100 PE / PBV : 28.57 / 4.28

    📌 Inflow/Outflow (Daily/MTD) 

    FII / FPI Activity: (3033.00 crs) / (13863.45 Crs)

    DII Activity: (553.88 crs) / 11216.33 crs

    📌 Volatility Index

    India VIX – 13.48

    📌 Commodities

    Brent Crude: $82.63

    Gold USD Oz/10 gm: $2319.01 = INR 71600

    Silver: INR 89118

    📌 Currency

    Rs/$: 83.55

    US Dollar Index (DXY) – 104.87

    📌 10 Year Yield

    7.18% GOI 2033: 7.04% (Old)

    7.10% GOI 2034: 6.99% (New)

    US 10 Yr Yield – 4.27%

  • June 14, 2024 07:15

    Stock Market Live Updates: Economic Calendar – 14.06.2024

    TENT JAPAN BOJ Policy Rate (Expected: 0.10% versus Previous: 0.10%)

    TENT JAPAN BOJ Press Conference 

    12:00 INDIA WPI Inflation y/y (Expected: 2.50% versus Previous: 1.26%)

    19:30 U.S. Prelim UoM Consumer Sentiment (Expected: 72.1 versus Previous: 69.1)

    19:30 U.S. Prelim UoM Inflation Expectations (Expected: – versus Previous: 3.3%)

    17.06.2024: India Market Holiday. China Industrial Production and Retail Sales @ 07.30 am

  • June 14, 2024 06:36

    Stock Market updates: Vodafone Idea clears dues worth ₹2,458 crore to network vendors Nokia and Ericsson through preferential allotment of equity

    To clear dues with network vendors, Nokia and Ericsson, Vodafone Idea announced on Thursday that it is going to allot them shares on a preferential basis. Vodafone Idea informed the exchanges on June 13 that its board has approved the issuance of about 166 crore shares at ₹14.80 per share to raise funds up to ₹2,458 crore on a preferential basis. 

  • June 14, 2024 06:35

    Stock Market Live Today: New-age cos may turn to phantom stocks, warrants to reward founders

    The market regulator’s expansive definition of promoters for companies going public may put them in a bind over how to reward founders. Since promoters are ineligible to be granted employee stock option plans (ESOPs), the new-age firms may turn to alternatives such as phantom stock units, warrants and sweat equity to compensate founders.

    The market regulator has been insisting that founders of IPO-bound companies holding 10 per cent or more classify themselves as promoters. Even founders collectively holding 10 per cent are to be considered promoters if they are key managerial personnel (KMP) or a director in the company.

  • June 14, 2024 06:33

    Today’s Stock Recommendation: June 14, 2024

    Video: Here’s an interesting stock idea: The stock idea that we have for you today is DCM Shriram. This stock has risen breaking above a key resistance on Thursday. This bullish breakout has opened the doors for the share price to rise more in the coming days.

  • June 14, 2024 06:27

    Stock Recommendations: Stock to buy today: DCM Shriram (₹1,057.30): BUY

    DCM Shriramshare price has made a bullish breakout on Thursday. The stock had surged about 7 per cent on Thursday. This rise has taken the share price well above the key resistance level of ₹1,035. The region around ₹1,030 will now act as a very good support. 

  • June 14, 2024 06:24

    Trading Guide for June 14, 2024: Intraday supports, resistances for Nifty50 stocks

    Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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