Wednesday, February 5

Tag: Stock market live

Sensex down 300 pts in opening deals; Nifty below 21,400
18Dec By adminNo Comments
Business

Sensex down 300 pts in opening deals; Nifty below 21,400

8:56 AMReliance Industries's green energy equipment business intrigues analystsEvery decade or so, Reliance Industries Ltd (RIL) sets on a new growth strategy, nudging the markets to value its stock price for newer businesses. For the company’s latest energy initiative to expand its green energy and storage portfolio, some analysts are beginning to suggest a closer look at some of its segments.  READ MORE 8:51 AMSBI slows down unsecured retail loans, to focus on healthy growthState Bank of India, the country’s largest lender, has slowed unsecured retail loans as the lender will focus on ‘healthy’ growth, even if overall loan growth is expected to stay robust at 15 per cent in this financial year amid steady demand from corporates, Chairman Dinesh Khara said. READ MORE 8:46 AMStocks: Ne...
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Sensex dips 100 pts amid sudden fall; Airtel, Infy weigh
12Dec By adminNo Comments
Business

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...
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Sensex hits 70,000, Nifty at 21K; Dr Reddy dips 6%
11Dec By adminNo Comments
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 ...
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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 vaults 350 pts; IT, FMCG shine; Auto, banks tepid
6Dec By adminNo Comments
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...
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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 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 off day’s high; Honasa up 20% on strong Q2 show
23Nov By adminNo Comments
Business

Sensex off day’s high; Honasa up 20% on strong Q2 show

Stock Market Updates LIVE, November 23, 2023: Equity benchmark indices started Thursday's trading session on a cautious note, amid mixed global cues and the weekly Nifty options expiry later today. The S&P BSE Sensex quoted with a gain of 100-odd points around 66,110. The NSE Nifty50 was seen testing the 19,850 level. Asain Paints, up 1 per cent, was the top mover among the Sensex 30 shares followed by Wipro, Nestle India, JSW Steel and Bajaj Finserv. On the flip side, UltraTech Cement and Sun Pharma were marginally in red. In the broader market, the BSE MidCap index advanced 0.4 per cent, while the SmallCap added 0.6 per cent.   Overnight, the US market ended higher on hopes that the Fed may be done with rate hikes after data  data...
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