Monday, December 23

Tag: sensex today

Sensex up 100pts; Broader indices down 1%; Praj dips 11%
8Dec By adminNo Comments
Business

Sensex up 100pts; Broader indices down 1%; Praj dips 11%

2:05 PMRBI MPC: Repo rate kept unchanged at 6.5%, FY24 GDP estimate hiked to 7%Reserve Bank's Monetary Policy Committee decides to keep the repo rate unchanged at 6.5% and also keeps the FY24 inflation forecast unchanged at 5.4%. READ MORE 1:52 PMALERT:: LIC pares stake in HDFC AMC; stock down 1.5%LIC in an exchange filing said it reduced its holding in HDFC AMC from 9.046 per cent to 6.953 per cent in the last one year, at an average price of Rs 2,863.45 per share. 1:37 PMCOMMENT:: Not expecting a rate cut anytime soon The MPC's decision to keep the key policy rates steady while staying the course on monetary tightening is the best policy prescription that the central bank could deliver at this point of time.   The tightening cycle, in my view, will continue till t...
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Sensex, Nifty erase losses; SpiceJet jumps 20%, ITI 13%
7Dec By adminNo Comments
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...
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Sensex up 200pts; Adani stocks hold rally, HCLT top drag
5Dec By adminNo Comments
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...
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Sensex recoups losses; UltraTech, M&M gain 2%; RIL down
30Nov By adminNo Comments
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...
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Sensex up 250 pts; Adani Group, TaMo, Bajaj twins shine
28Nov By adminNo Comments
Business

Sensex up 250 pts; Adani Group, TaMo, Bajaj twins shine

Stock market LIVE updates: Benchmark indices exhibited lacklustre movement in trades on Tuesday even as select sectors were buzzing with solid gains. Oil & Gas and Power in particular, thanks largely to the Adani Group shares, logged strong gains.The S&P BSE Sensex quoted around 66,050 levels, up nearly 100 points, while the Nifty50 tested the 19,850-level.   The broader markets continued to exhibit strength with the BSE MidCap and SmallCap indices rising up to 0.18 per cent.  Among other sectoral indices, the Nifty Metal index added 1.15 per cent, while the Nifty IT index fell 0.5 per cent. Buzzing stocks DLF: Shares fell 1.6 per cent after the Enforcement Directorate searched the premises of the realty major in Gurugram as part of a money la...
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Sensex up 100pts; IDBI dips 4%, Pharma stocks outperform
22Nov By adminNo Comments
Business

Sensex up 100pts; IDBI dips 4%, Pharma stocks outperform

Stock Market Live: Benchmark equity indices held small gains in Wednesday's trade, tracking subdued global markets after US FOMC minutes revealed that members favour a 'restrictive' policy for longer.  The BSE Sensex erased the opening losses and was up nearly 100 points at 66,050. The NSE Nifty50 held the 19,800-mark. Among the Sensex 30 shares, Tata Motors, Sun Pharma, Power Grid and NTPC held notable gains, while TCS, Kotak Bank and ICICI Bank were on slippery ground. Meanwhile, the BSE MidCap index was up 0.1 per cent, while the SmallCap index slipped 0.1 per cent.Among stocks, IDBI Bank dipped 4 per cent after the govt cancelled the bid process to select a asset valuer for its sale. 
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Asian stocks, US futures dip; Crude oil holds $80
16Nov By adminNo Comments
Business

Asian stocks, US futures dip; Crude oil holds $80

Stock Market Live: After closing at four-week highs in the previous session, benchmark indices Sensex and Nifty could start in green on Thursday with tepid gains. At 7:30 am, the Gift Nifty futures were trading 27 points higher at 19,759. Producer prices in the US fell by 0.5 per cent in October marking the biggest monthly drop since April 2020. Retail sales dipped 0.1 per cent to mark the first such decline in 7 months, making the case for the Fed to wrap its rate hiking cycle.  The Dow Jones rose 0.47 per cent, the S&P 500 gained 0.16 per cent and the Nasdaq Composite added 0.07 per cent. However in Asia, most indices held slight losses. Nikkei, Hang Seng, S&P/ASX 200 dipped 0.2-0.3 per cent. Kospi was the sole gainer with a 0.14 per cent gain.  Back home, TCS will be...
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Sensex surges 600 pts; Realty index jumps 3%, IT pack 2%
15Nov By adminNo Comments
Business

Sensex surges 600 pts; Realty index jumps 3%, IT pack 2%

Stock Market Live: Propped up by slowing inflation in India and the US, domestic equity benchmark indices held sharp gains on Wednesday, taking cues from a global market rally. The BSE Sensex jumped 510 points to 65,413 and the NSE Nifty50 surged 150 points to 19,610.   All Sensex stocks were in green led by Infosys, Bajaj Finance, Tech M, Tata Steel, TCS and Tata Motors.Hindalco, meanwhile, led Nifty winners by rising 4 per cent after its consolidated revenue rose 2 per cent QoQ to Rs 54,100 crore.   The BSE MidCap and SmallCap indices rose by 0.66 per cent and nearly 1 per cent, respectively. All sectoral indices were also higher led by a 2 per cent gain in Nifty Realty. Nifty Bank, IT, Metal pockets rose over 1 per cent each.
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Sensex dips 300 pts, Nifty below 19,500; Eicher up 2%
13Nov By adminNo Comments
Business

Sensex dips 300 pts, Nifty below 19,500; Eicher up 2%

Opening Bell: Equity benchmark indices opened with cuts on Monday as investor focus shifted to the October CPI inflation data, slated for release after market hours today. The BSE Sensex fell 270 points to 64,988, and the NSE Nifty50 slipped 68 points to 19,450. All Sensex stocks opened lower led by losses in Infosys, Kotak Bank, Nestle, Bajaj Finance, Titan and Tata Motors. On the other hand, Eicher Motors, Coal India, BPCL, Divi's Lab and Hindalco defied weakness and held gains on the Nifty50.   Eicher, with 2.5 per cent gain, was the top Nifty performer after it posted a 55 per cent jump in its Q2 profit to Rs 1,016 crore, beating estimates on Friday.  The broader markets also edged lower. The BSE MidCap and SmallCap indices slipped by up to 0.44 per cent. All sectora...
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