Tag: indian stock market news today

Gift Nifty flat; OMCs, Innova Captab listing eyed
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Gift Nifty flat; OMCs, Innova Captab listing eyed

Stock market LIVE updates: Friday may mark the third consecutive session where benchmark indices could scale fresh record peaks.   At 8:30 AM, Gift Nifty index was little changed at 21,949 levels.   On Thursday, the benchmark BSE Sensex index hit an all-time high of 72,484, and the Nifty50 touched 21,802.   Meanwhile, globally, shares were mixed as investors trade for the last time in 2023.   Australian and Japanese benchmarks were down 0.3 per cent each, while South Korea, and China markets were higher by up to 1.6 per cent.   Overnight, the S&P 500 added 0.04 per cent, the Dow Jones Industrial Average rose 0.14 per cent, but the Nasdaq Composite inched down 0.03 per cent.   Stocks to Watch O...
Sensex up 300 pts; Auto, Metal, Pharma index lead gains
Business

Sensex up 300 pts; Auto, Metal, Pharma index lead gains

11:46 AMNMDC surges 5%; Iron ore futures touch 18-month highsIron Ore futures are at $140 a ton, highest in 18 monthsvia RedboxGlobal India11:34 AMIndia makes first-ever rupee payment for the purchase of crude oil from UAEIndia, the world's third-largest energy consumer, made its first-ever payment in rupees for crude oil purchased from the United Arab Emirates (UAE), signalling what could be a strategic push to promote the local currency globally. Read 11:19 AMBOJ Governor Ueda sees benefits of positive inflation on policy processBank of Japan Governor Kazuo Ueda pointed out some positive potential aspect of having higher interest rates under normal economic conditions while also reiterating his pledge to continue with monetary easing patiently in the pursuit of stable inflation. Re...
Sensex dips 100 pts amid sudden fall; Airtel, Infy weigh
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Sensex dips 100 pts amid sudden fall; Airtel, Infy weigh

Stock market LIVE updates: Underperforming firm global momentum, Indian equities started on a tepid note on Tuesday. The S&P BSE Sensex was at 70,014 level, up 85 points or 0.12 per cent. The Nifty50, on the other hand, hit a record high of 21,038 level, up 41 points or 0.17 per cent.  HDFC Life, Hindalco, M&M, Hero MotoCorp, SBI Life, JSW Steel, Tata Steel, Adani Ports, ITC, Grasim, Tata Consumer Products, Bajaj Auto, Adani Enterprises, and BPCL were the top gainers on the 50-pack index, up between 0.5 per cent and 1.7 per cent. On the other hand, ONGC, Infosys, L&T, Apollo Hospitals, Bharti Airtel were the top laggards, down up to 1 per cent. In the broader market, the BSE MidCap and SmallCap indices were ruling 0.28 per cent and 0.52 per cent highe...
Sensex hits 70,000, Nifty at 21K; Dr Reddy dips 6%
Business

Sensex hits 70,000, Nifty at 21K; Dr Reddy dips 6%

8:59 AMSmallcap pie grows as retail investor faith soars, shows Capitaline dataRetail investors now own a bigger slice of smallcap companies than at the start of 2023–24 (FY24), underscoring their growing conviction about investing in this red-hot space. Read 8:54 AMWatch: What will keep the markets busy this week? December has been a bumper month for equity markets so far with Nifty index crossing 21,000 on Friday and the Sensex eyeing 70,000 level. Which factors will influence the market’s direction this week? 8:49 AMNifty in overbought zone, Wait for dips in Nifty Bank before fresh buyingThe Nifty 50 Index continues its bullish trajectory, marking yet another new lifetime high on both short-term and near-term charts. Despite the prevailing bullish trend, the ascent towards 21100 ...
Sensex, Nifty erase losses; SpiceJet jumps 20%, ITI 13%
Business

Sensex, Nifty erase losses; SpiceJet jumps 20%, ITI 13%

11:13 AMChina's exports edged higher for first time in 7 months, imports fallsExports rose 0.5 per cent from a year earlier to $291.9 billion, a sign that demand may be picking up after months, but imports fell 0.6 per cent, to $223.5 billion, after they climbed 3 per cent. READ MORE 10:56 AMThis smallcap stock hit new high after gap of 15 years; up 47% in 1 monthShares of Ashapura Minechem were locked in the 5 per cent upper circuit at Rs 460.25 on the BSE. READ MORE 10:39 AMOn a hat-trick: Will RBI Governor Shaktikanta Das throw another surpriseRBI has maintained a hawkish tone in the last two policy reviews, and those steps were to further reinforce the point that the central bank is not dropping its guard on inflation any time soon. READ MORE 10:24 AMALERT:: Protean eGov Tech Q2 ne...
Sensex vaults 350 pts; IT, FMCG shine; Auto, banks tepid
Business

Sensex vaults 350 pts; IT, FMCG shine; Auto, banks tepid

2:39 PMTata Power soars 6%; hits new high after 20 months on positive outlookCRISIL Ratings expects Tata Power's consolidated adjusted Ebitda to be more than Rs 12,000 crore each in fiscals 2024 and 2025, against around Rs 11,500 crore in FY23 and around Rs 9,600 crore in FY24. READ MORE 2:30 PMALERT:: Zydus Life gets USFDA nod for Methylene Blue Injection; stock marginally up Zydus Lifesciences in an exchange filing said it received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market Methylene Blue Injection, 10mg/2ml and 50mg/5ml.  2:20 PMGautam Adani's next milestone is plan for $1.25 billion of green arm debtWe are coming close to timelines where we would like to see a concrete and definitive plan" Abhishek Dangra, a Si...
Sensex up 200pts; Adani stocks hold rally, HCLT top drag
Business

Sensex up 200pts; Adani stocks hold rally, HCLT top drag

11:42 AMALERT :: AVG Logistics bags order worth Rs 150 crore from Indian Railways>> AVG Logistics Limited has secured acontract, valued at Rs 150 crore over 6 years, for lease of Parcel Cargo Express Train (PCET) from the Indian Railways.11:31 AMALERT :: Rama Steel initiates backward integration expansion for 40,000 MTPA>> This is to be done at its plant located at Khopoli, Maharashtra.>> The expansion is expected to be completed by the end of Q4FY25, post which commercial production will commence >> The total capex for this expansion will be Rs 30 crore11:11 AMALERT :: India Services PMI dips to 1-year low of 56.9 in November>> October Services PMI stood at 58.4 >> Composite PMI stood at 57.4 vs 58,4 MoM10:44 AMRealty sector's inventory surges to...
Sensex recoups losses; UltraTech, M&M gain 2%; RIL down
Business

Sensex recoups losses; UltraTech, M&M gain 2%; RIL down

Stock market LIVE updates: After starting with modest gains on Thursday, amid mixed global cues, the S&P BSE Sensex fell 195 points at 66,706 levels and the Nifty50 dipped 45 points at 20,052 levels. In the broader markets, the BSE MidCap and SmallCap indices, however, stood in green. The MidCap and SmallCap indices were up nearly 0.5 per cent each.UltraTech Cement, Mahindra & Mahindra and Sun Pharma were the top gainers among the Sensex 30, while Tata Motors, HDFC Bank and ICICI Bank were on slippery ground.   New listing   Shares of Tata Technologies witnessed bumper listing on Thursday with a listing gain of 140 per cent at Rs 1,200 as against the issue price of Rs 500. The stock hit a high of Rs 1,400.Meanwhile, those of Gandhar Oil Ref...