Stock Market Live Updates: Asian stocks decline following higher-than-expected US inflation data

Feb 14, 2024
stock-market-live-updates:-asian-stocks-decline-following-higher-than-expected-us-inflation-data

Updated – February 14, 2024 at 08:17 AM.

Sensex, Nifty, Share Prices LIVE: Asian stocks experienced a decline following the release of higher-than-expected US inflation data, which led to a sell-off on Wall Street. The Japanese stock market opened lower on Wednesday, with the Nikkei 225 index down by 0.60% while the broader Topix index slipped by 1.09%. South Korea’s KOSPI also dropped by 1.67%, while Australia’s S&P/ASX 200 index fell by 1.05%. The fall in Asian stocks was triggered by the US inflation data, which dampened hopes for immediate interest rate cuts by the Federal Reserve. The main indexes on Wall Street saw significant losses on Tuesday, with the S&P 500 losing 1.37%, the Nasdaq Composite dropping 1.79%, and the Dow Jones Industrial Average falling by 1.36%. This was largely due to higher US Treasury yields, which pushed back market expectations for interest rate cuts.

Stock 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 february 2024

ALL UPDATES

  • February 14, 2024 08:08

    Stock Market Live Today: Vibhor Steel Tubes IPO sees overwhelming response from all categories of investors, subscribed 27.63 times on Day 1

    Vibhor Steel Tubes saw an overwhelming response from all categories of investors, as the IPO was subscribed 27.63 times on Day 1 itself.

    The ₹72.17-crore initial public offering of Vibhor Steel Tubes that opened on Tuesday received bids for 9.92 crore shares against 35.92 lakh shares.

    The steel pipes and tubes manufacturer has set the price band at ₹141-151, and the market lot is 99 shares. The IPO will close on Thursday.

  • February 14, 2024 08:00

    Stock Market Live Today: IPO screener: Shares of Jana SFB, Capital Small Finance listing today

    The shares of two small finance banks – Jana SFB and Capital SFB – will be listed at the bourses today.

    The initial public offerings of Jana Small Finance Bank and Capital Small Finance Bank that closed last Friday saw a mixed trend with the former generating a strong response, while the latter saw a modest subscription. Jana SFB has fixed the IPO price as ₹414.

  • February 14, 2024 07:58

    Stock Market Live Today: IPO screener: Shares of Rashi Peripherals listing today

    Shares of Rashi Peripherals will make their debut at the bourses today. The initial public offering of information and communications technology products distributor saw a spectacular response from all categories of investors last week. The IPO was subscribed 59.71 times overall.

  • February 14, 2024 07:40

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

    Buzzing Stocks: Adani Power, RailTel, Prudent Corporate, HFCL, PFC, VA Tech Wabag, Eris Lifesciences, NTPC, Indiabulls HF, Modern Engineering, ZF Commercial

  • February 14, 2024 07:25

    Financial Market Live Today: Bloomberg’s updates on Rupee Bond deals

    Rupee Bond Deals Reported/Updated on Feb. 13:

    * Bajaj Housing Seeks Bids for Up to INR15b 2Y Bonds on Feb. 15

    * Nomura Capital India Seeks Bids for Up to INR1b March 2028 Bonds on Feb. 15

    * Krazybee Services Seeks Bids for Up to INR1b May 2025 Bonds on Feb. 15

    * Navi Finserv’s Up to INR6b Public Bond Sale Opens Feb. 26

    * HDB Financial Plans to Raise Funds Through Tap of November 2028 Notes and a New Bond Due in April 2027

    Rupee Bond Biddings Completed on Feb. 13:

    * Nabard Priced INR34.10b Tap of March 2027 Bonds at 7.74% Yield

    * Kotak Mahindra Bank Priced INR10b 7Y Infra Bonds at 7.60%

    * Aditya Birla Finance to Sell INR1.75b 5Y Bonds at 8.16%

    * Power Finance Priced INR1b Perpetual Bonds at 7.88%

    * NIIF Infra Finance to Sell INR1b Tap of January 2039 Bonds at 7.9950% Yield

    * 360 One Prime to Sell INR500m 3Y Bonds at 9.61%

    * Motilal Oswal Finvest to Sell INR500m 10Y Bonds at 9.20%

    Rupee Bond Payins Completed on Feb. 13:

    * Tata Capital Sells INR1.15b 5Y Bonds 

    * Piramal Capital Sells INR5b February 2025 FRN 

    * Spandana Sphoorty Sells INR1b August 2025 Bonds 

    Rupee Bond Deals to Be Watched on Feb. 14:

    * IRFC Seeks Bids for Up to INR30b 10Y Bonds 

    * JM Financial Credit Seeks Bids for Up to INR8.5b Three-Part Bond 

    * ICICI Home Seeks Bids for Up to INR8b Two-Part Bond

    List of key corporate debt deals so far on Feb 13

    NON-CONVERTIBLE DEBENTURES:

    *NABARD accepts bids worth INR34.10 billion for reissue of 7.80% March 2027 bonds at 7.74% yield

    *Kotak Mahindra Bank accepts bids worth INR10 billion for seven-year infra bonds at 7.60% coupon

    *PFC accepts bids worth INR1 billion for perpetual bonds with 10-year call option at 7.88% coupon

    *NIIF Infra Finance accepts bids worth INR1 billion for reissue of 8.07% Jan 2039 bonds at 7.9950% yield

    *Aditya Birla Finance accepts bids worth INR1.75 billion for five-year bonds at 8.16% coupon

    *Motilal Oswal Finvest accepts bids worth INR500 million for 10-year bonds at 9.20% coupon

    *IRFC to raise upto INR30 billion via 10-year bonds, invites bids on Feb 14

    *ICICI Home Finance to raise upto INR8 billion via two-part bond issue, invites bids on Feb 14

    *JM Financial Credit to raise upto INR8.50 billion via three-part bond issue, invites bids on Feb 14

    Commercial Papers

    Union Bk 3m CD @7.89%, 250 crs

    Godrej Finance 1m CP @8.10%, 100 crs

    RRVL 3m CP @7.95%, 4000 crs

    TCHFL 3m CP @7.98%, 500 crs

    Axis Sec 3m CP @8.88%, 550 crs

    HDFC Sec 3m CP @8.85%, 750 crs

    Bajaj Fin 3m CP @8.40%, 325 crs

    Godrej Housing 3m CP @8.10%, 100 crs

    ABFL 1Y CP @8.25%, 55 crs

  • February 14, 2024 07:22

    Stock Market Live Today: Key market data as of 13/02/24

    📌 Market Levels

    BSE Sensex: 71555.19 (+482.70)

    Nifty 50: 21743.25 (+127.20)

    NIFTY MID CAP 100: 47835.65 (+159.85)

    NIFTY SMALL CAP 100: 15643.75 (+26.70)

    📌 Index PE & PBV

    SENSEX PE / PBV : 24.47 / 3.63

    NIFTY 50 PE / PBV : 

    22.50 / 3.81

    NIFTY MIDCAP 100 PE / PBV : 24.87 / 3.83

    NIFTY SMALLCAP 100 PE / PBV : 28.39 / 3.86

    📌 Inflow/Outflow*the *(Daily/MTD) 

    FII / FPI Activity: 376.32 crs / (7177.42 Crs)

    DII Activity: 273.94 crs / 10647.10 crs

    📌 Volatility Index

    India VIX – 15.80

    📌 Commodities

    Brent Crude: $82.53

    Gold USD Oz/10 gm: $2028.06 = INR 62263

    Silver: INR 71382

    📌 Currency

    Rs/$: 83.01

    US Dollar Index (DXY) – 104.04

    📌 10 Year Yield

    7.26% GOI 2033: 7.13% (Old)

    7.18% GOI 2033: 7.10% (New)

    US 10 Yr Yield – 4.16%

  • February 14, 2024 07:21

    Stock Market Live Today: BLOCK DEAL ALERT: BPCL

    BPCL to offer nearly 80 lakh shares via block deal 

    Block deal worth Rs 450-500 cr likely soon

    BPCL Trust for Investment to sell shares 

    Govt officials, BPCL to take final call on block deal size and price

  • February 14, 2024 07:21

    Stock Market Live Today: Moody’s on Adani Group stocks

    Adani Green: Rating affirmed, changed outlook to “Stable” from “Negative” 

    Adani Trans: Rating affirmed, changed outlook to “Stable” from “Negative” 

    Adani Ports: Rating affirmed, maintain outlook to “Stable” 

    Adani Energy: Rating affirmed, maintain outlook to “Stable” 

  • February 14, 2024 07:20

    Stock Market Live Today: Adani Enterprises Ltd: Jefferies initiates coverage with buy rating; target price Rs 3,800

    Adani Enterprises Ltd: Jefferies initiates coverage with buy rating; target price 3800 rupees (second fundamental coverage from fund houses on Adani Ent).

  • February 14, 2024 07:19

    Stock Market Live Today: Researchbytes Analyst App’s recent interview as of 18:29 p.m. Tuesday 13 February 2024

    BLS International Services : Shikhar Aggarwal, Managing Director

    Will Maintain The Last 3 Year Profit After Tax CAGR Of 50-60% In FY25: BLS Intl Svcs

    Dixon Technolog: Saurabh Gupta, CFO

    Dixon Tech Q3 | Eyes Set On Expansion | IT Hardware PLI 2.0 Synergies & Margins

    Galaxy Surfacta: U Shekhar, MD

    Red Sea Crisis Remains A Red Flag For The Industry: Galaxy Surfactants

    HEG: Manish Gulati, CMO & COO

    Co’s Volumes Have Grown Due To Higher Capacity Utilisation: HEG

    HUDCO: Sanjay Kulshrestha, CMD

    Making Efforts To Reduce Cost Of Funds; Have Started To Resolve Stressed Assets As Well: HUDCO

    Motherson Sumi: Kunal Malani, CFO

    Organic & Inorganic Growth Continues, Surprised By Resilience In European Mkt: Samvardhana Motherson

    NCC: Neerad Sharma, Hd-Strategy

    Have Booked 82% Of Order Inflow Guidance So Far: NCC

    Nucleus Softwar: VR Dusad, CEO & MD

    Q3 Margin Got Compressed Due To Orders Delays: Nucleus Software Exports

    Neogen: Harin Kanani, Joint MD

    Barring Some Segments, Majority Of The Pharma Sector Demand Has Recovered: Neogen Chemicals

    PI Industries: Mayank Singhal, MD & CEO

    Export Growth Has Come In From New Products, Red Sea Crisis Has Impacted Biz: PI Industries

    Events today…

    https://www.researchbytes.com/Default.aspx?cc=event

    Results today…

    https://www.researchbytes.com/Default.aspx?cc=result

    Replays available at www.researchbytes.com

  • February 14, 2024 07:08

    Stock Market Live Today: Day trading guide for February 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

  • February 14, 2024 07:03

    Stock Market Live Today: Today’s pick: February 14, 2024

    Here’s an interesting stock idea: Our stock recommendation for you today is Blue Star. The stock has bounced off from a key trendline support and is looking strong. That keeps the overall uptrend intact. The stock has the potential to rise further from here. Check out the latest episode of Today’s Pick to learn more.

  • February 14, 2024 06:57

    Stock Market Live Today: Asian stocks slide after as US inflation data rattles investors

    Asian stocks declined after higher-than-anticipated US inflation data triggered a sell-off on Wall Street. Japanese stocks opened lower on Wednesday following declines on Wall Street, as the US inflation data tempered hopes for immediate interest rate cuts by the Federal Reserve. The benchmark Nikkei 225 index was down 0.60%, or 227.08 points, at 37,736.89 in early trade, while the broader Topix index slipped 1.09%, or 28.54 points, to 2,583.49. South Korea’s KOSPI dropped 1.67%, or 44.24 points, to trade at 2,605.40. Australia’s S&P/ASX 200 index fell 1.05%, or 80.20 points, to trade at 7,523.40.

    Earlier, Wall Street’s main indexes plummeted on Tuesday after a higher-than-expected consumer inflation reading pushed back market expectations of immediate interest rate cuts, leading to higher US Treasury yields. The S&P 500 lost 68.14 points, or 1.37%, to close at 4,953.70 points, while the Nasdaq Composite dropped 282.64 points, or 1.79%, to 15,659.91. The Dow Jones Industrial Average fell 522.05 points, or 1.36%, to 38,275.33.

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