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Stock Market Live: Sensex off lows, down 200 pts as RIL rebounds; Broader indices firm | News on Markets

12Apr

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Stock Market Live: Sensex off lows, down 200 pts as RIL rebounds; Broader indices firm | News on Markets

11:54 AMLKP Securities initiates coverage with buy on Sansera Engg, stock jumps 4% Brokerage firm LKP Securities on Friday initiated coverage on automotive component manufacturers Sansera Engineering, with a 'buy' rating, with a target price of Rs 1,235, translating into an upside potential of 21 per cent. That said, Sansera Engineering’s shares have shown a robust performance, climbing 10.63 per cent in the past month, outpacing the S&P BSE SmallCap index by 2.81 per cent. Read more 11:46 AMVodafone Idea slides 5% after fixing price of FPO at Rs 18,000 crore Shares of Vodafone Idea slipped 5 per cent to Rs 12.23 on the BSE in Friday’s intra-day trade amid heavy volumes. This came the company fixed the floor price at Rs 10 per share for its proposed follow on of...

Stock Market Live: Sensex zooms 400 pts, Nifty above 22,700 in pre-open | News on Markets

10Apr

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Stock Market Live: Sensex zooms 400 pts, Nifty above 22,700 in pre-open | News on Markets

Stock market updates on April 10, 2024: Indian equities are looking at a positive start on Wednesday after erasing its intraday gains in Tuesday’s close. At 07:15 AM, the Gift Nifty futures were quoting 80 points higher than Nifty 50 futures at 22,815. Overnight in the US major indices traded flattish with Dow Jones Industrial Average ending slightly below the flat line, while the S&P 500 notched up by 0.14 per cent, and the Nasdaq Composite gained 0.34 per cent. In Asia, this morning the sentiment among investors remained mixed, with Japan’s Nikkei 225 falling 0.34 per cent in early trade, while the broad-based Topix fell by 0.20 per cent. In Australia, the S&P/ASX 200 began the day with a modest increase of 0.29 per cent. Hong Kong’s Hang Seng inde...

Stock market LIVE: Gift Nifty suggests slim gains on bourses, Titan, Adani Green Energy eyed | News on Markets

8Apr

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Stock market LIVE: Gift Nifty suggests slim gains on bourses, Titan, Adani Green Energy eyed | News on Markets

Stock market updates on April 08, 2024: The Indian equities market is looking to open with slim gains on Monday, tracking mixed global peers. The Gift Nifty futures were quoting 57 points higher than Nifty 50 futures at 22,652. In Asia, this morning markets remained a mixed bag, with Japan’s Nikkei 225 crossing the 39,000 mark with a gain of 1.01 per cent in early trade, while the broad-based Topix rose by 0.77 per cent. South Korea’s Kospi declined by 0.17 per cent, whereas the small-cap Kosdaq experienced a larger loss of 0.76 per cent. In Australia, the S&P/ASX 200 began the day with a modest increase of 0.15 per cent. While Hong Kong’s Hang Seng index was quoting 0.44 per cent lower in early trade. On Friday, the S&P 500 index and Nasdaq ...

Short Week, Big Impact: Markets On Watch For Global Events, Macro Data & TCS Results

7Apr

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Business

Short Week, Big Impact: Markets On Watch For Global Events, Macro Data & TCS Results

Last week, the BSE benchmark climbed 596.87 or 0.81 per cent. It hit an all-time high of 74,501.73 on April 4.Equity markets will remain closed on Thursday for Eid-Ul-Fitr.Global trends, macroeconomic data announcements and the start of the earnings season would be the major drivers for the equity markets in a holiday-shortened week, analysts said.Equity markets will remain closed on Thursday for Eid-Ul-Fitr.Trading activity of foreign investors, rupee-dollar trends and crude oil prices would also guide trends in markets.“Indian companies are set to enter a new corporate earnings Q4 season this week. Leading the pack is IT services giant TCS, set to kick off the earnings season for the quarter ending March 2024.“Its results for the fourth quarter of FY24 will be announced on April 12, 202...

Sensex turns course, rises 100 pts; RIL, HDFC Bank up 1%

21Dec

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Business

Sensex turns course, rises 100 pts; RIL, HDFC Bank up 1%

11:57 AMAshok Leyland wins order to supply 552 buses to Tamil Nadu transport corpn Ashok Leyland, the country’s leading commercial vehicle manufacturer, said on Thursday it has won an order from the Tamil Nadu government for providing 552 Ultra-Low Entry (ULE) diesel non-AC buses. Ashok Leyland, the Indian flagship company of the Hinduja Group, said the Tamil Nadu State Transport Corporation (TNSTC) already operates 18,477 of its buses. The new order marks a "groundbreaking collaboration" between Ashok Leyland and TNSTC in the pursuit of 'Mobility for All', the state government's commitment to promote public transportation, said a press statement. Read 11:42 AMPiramal Enterprises to adjust Rs 3,164 cr exposure to AIF in its financialsIn line with Reserve Bank of Indi...

Sensex dips 100 pts amid sudden fall; Airtel, Infy weigh

12Dec

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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...

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

23Nov

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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...

Gift Nifty quotes near 19,850; Brent Crude dips to $85

12Oct

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Business

Gift Nifty quotes near 19,850; Brent Crude dips to $85

Stock market updates on October 12, 2023: IT stocks led by TCS and Infosys are likely to guide the market sentiment on Thursday. That apart, Nifty weekly options expiry could add to the day's volatility. Further, inflation rate for September; industrial production and manufacturing data for August are scheduled to be announced later in the day. After market hours on Wednesday, TCS reported its September quarter results wherein the IT major missed its Q2FY24 estimates and hinted towards slow growth prospects in the rest of the financial year. The company has announced Rs 17,000 crore share buyback, at Rs 4,150 per share. READ MORE At 07:00 AM, Gift Nifty futures quoted at 19,844, suggesting a likely flat start to the day's trade. Overnight, the US market recoupe...