Stock Markets

Sensex Today | Stock Market Crash LIVE Updates: Sensex plunges over 1,300 pts as banks bleed; Nifty slides below 21,700; LIC most valuable PSU stock now


12:23:04 PM IST, 17 January 2024

Japan’s Nikkei hits 34-year peak but retreats as investors take profits

Japan’s Nikkei share average touched a fresh 34-year peak on Wednesday before retreating sharply to record a second straight session of losses.

The stock benchmark initially rallied as a weaker yen buoyed the outlook for corporate profits among its many exporters, while chip-related stocks tracked overnight gains for U.S. peers, even as Wall Street’s three main indexes slumped.

12:22:07 PM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: LIC says Mauritius branch resumed operations with effect from January 17, 2024; there is no damage due to cyclone Belal

12:11:59 PM IST, 17 January 2024

Sensex Today | Stock Market Crash LIVE Updates: These stocks defy market mood, hit fresh 52-week highs today

11:55:11 AM IST, 17 January 2024

Sensex Market Crash LIVE Updates: SENSEX PLUMMETS 1300 POINTS!

11:44:06 AM IST, 17 January 2024

Stock Market Crash LIVE Updates: Global market check

  • S&P 500 futures fell 0.2% as of 1:56 p.m. Tokyo time
  • Nikkei 225 futures (OSE) rose 0.1%
  • Japan’s Topix rose 0.4%
  • Australia’s S&P/ASX 200 fell 0.4%
  • Hong Kong’s Hang Seng fell 2.8%
  • The Shanghai Composite fell 0.6%
  • Source: Bloomberg

11:38:32 AM IST, 17 January 2024

Stock Market LIVE Updates | SME IPO of Konstelec Engineers to open on January 19, 2024; fixes a price band of Rs. 66 – Rs. 70 per share

Konstelec Engineers announced that its Initial Public Offer will open on Friday, January 19, 2024. The anchor portion will be open on Thursday, January 18, 2024, and the issue will conclude on Tuesday, January 23, 2024. The company intends to raise approximately Rs 28.70 crore (at upper hand) from the offering and aims to be listed with NSE Emerge. The price band for the issue has been fixed at Rs 66 – Rs. 70 per share. The lot size will be 2,000 shares.

11:37:47 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Shares of Cochin Shipyard surged over 10% and hit a 52-week high of Rs 875 on Wednesday. The gains come in anticipation of Prime Minister Narendra Modi visiting the company’s facility to inaugurate the New Dry Dock (NDD) and the International Ship Repair Facility (ISRF).

11:27:12 AM IST, 17 January 2024

Sensex Today | Stock Market View | 5-8% correction possible in short term: Nishit Master

Valuations of the Indian markets from a historical perspective do look somewhat stretched but are not entirely out of sync with reality. India remains an island of stability amongst all major economies with strong corporate balance sheets and earnings. This development does not mean that we might not witness a 5-8% correction in the short term, which looks possible and can happen at any point in time.

11:16:30 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Shares of Zomato fell 4% extending losses to nearly 8% in three sessions. The correction comes on the back of a strong rally in the counter which has catapulted its gains to over 150% in the last 12 months.

11:01:44 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: 5 worst-performing NBFC stocks in today’s trade

10:59:59 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Quality Foils (India) started process of purchasing, installation of new machineries for expansion of its business; stock surges 20%

10:58:40 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Organic Recycling System signs an MOU with Walchand Institute of Technology to drivescientific and technological collaboration

10:53:14 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: PTC Industries says unit Aerolloy Technologies signs purchase agreement with Dassault Aviation

  • Agreement for supply of full range of titanium cast parts for Rafale multirole fighter aircraft
  • Stock surges over 9% today

10:41:08 AM IST, 17 January 2024

Sensex Crash LIVE Updates | SENSEX PLUNGES OVER 1000 POINTS!

10:32:05 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: L&T Construction wins orders worth Rs 1,000 to 2,500 crore for itsbuildings and factories business.

10:22:50 AM IST, 17 January 2024

Commodity Talk | Hareesh V, Head of Commodities, Geojit Financial Services on outlook & challenges for gold

Since domestic prices are at a near-record high, there are chances of a correction possibly in the first quarter of 2024. However, a weak INR and expectations of jewelry demand would offer downside support and hence it may preserve its positive outlook in the coming year as well.

At the same time, gold in the international market is likely to face some headwinds so it may trade in a tight range with minimum chances for major rallies or liquidation. US policy decisions, firm equities, and the performance of US assets would be the downside obstacles while the chances of low interest rates, geopolitical uncertainties, and central bank purchases are likely to dent major liquidation in prices.

10:14:03 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: BLOCK DEAL IN INFOSYS | 25.2 lakh shares change hands

10:03:18 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: TCS announces that the company has gained US $2 billion in brand value, highest value growth across the global IT Services Industry for the year.

10:01:29 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: LIC overtakes SBI as most valuable PSU stock

  • LIC market cap stands at Rs 5.75 lakh crore
  • SBI market cap stands at Rs 5.65 lakh crore

09:55:15 AM IST, 17 January 2024

Rupee falls 3 paise to 83.15 against US dollar in early trade

The rupee depreciated 3 paise to 83.15 against the US dollar on Wednesday, tracking a strong greenback against major rivals overseas and massive selling in domestic equity markets. However, inflow of foreign funds in domestic equity markets and softening crude oil prices in the international markets resisted a steep fall in the domestic currency, forex traders said.

At the interbank foreign exchange, the domestic currency opened at 83.13 and slipped further to 83.15 against the dollar, registering a loss of 3 paise from its previous close.

09:52:09 AM IST, 17 January 2024

Stock Market Crash LIVE Updates: Adani Enterprises announced today that AMG Media Networks Limited (“AMNL”), a wholly owned subsidiary of the Company hasincreased its stake in IANS India Private Limited (“IANS”), by subscribing to fresh shares issuedby IANS.

09:50:31 AM IST, 17 January 2024

Slippage past 22013 has taken away the near term upside momentum, exposing 21835/790. While we hope this region to hold initially, inability to reclaim 22058 on the bounce, or direct slippage past 21760 could bring in 21200 as the likely downside objective.

– Anand James, Chief Market Strategist, Geojit Financial Services

09:44:51 AM IST, 17 January 2024

Stock Market Crash LIVE Updates | Brokerage Take: Nuvama on HDFC Bank: Hold| Target Rs 1730

Nuvama downgraded HDFC Bank to hold from buy earlier post Q3 results and has also slashed the target price to Rs 1,730 from Rs 1,770 earlier.

The beat on NII, miss on fees and credit cost, and a sharp decline in LCR. The brokerage firm slashed earnings by 5-6% for FY25/26 and the cut in core earnings is higher at 8% due to a ~4% cut in loan growth.

09:34:42 AM IST, 17 January 2024

Stock Market Crash LIVE Updates | Earnings Calendar: Shares of Asian Paints and LTIMindtree will be in focus today as the companies will announce their third quarter results.

09:31:44 AM IST, 17 January 2024

Sensex Today | Stock Market Crash LIVE Updates: Top losers from the banking pack at this hour

09:30:50 AM IST, 17 January 2024

Stock Market Crash LIVE Updates | Earnings Impact | HDFC Bank: The private sector lender on Tuesday reported a 34% year-on-year (YoY) growth in net profit for the December quarter to Rs 16,372 crore.

09:20:09 AM IST, 17 January 2024

Sensex LIVE Updates: Bank heavyweights drag Sensex 750 points lower

09:19:19 AM IST, 17 January 2024

Sensex Today | Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Market is likely to turn slightly weak in the near-term, getting impacted by some negative global and domestic cues. The global negativity will come from the rising bond yields in the US (the 10-year yield is at 4.04 %) responding to concerns that the sharp rate cuts expected from the Fed this year may not materialise. Now indications are that the Fed is unlikely to cut in March and the total cuts in 2024 may not be five or six that the market had partly discounted. This will be a drag on global equity markets.
Domestically, even though the economy is doing well and corporate earnings are good, all these positives are in the price and the valuations are elevated warranting a correction. The mid and small cap space is highly overvalued and is sustaining at high levels only by the high liquidity in the system. Some profit booking and moving the money to fixed income can be considered now.

09:18:38 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: HDFC Bank, SAIL among most active stocks in morning trade

09:17:15 AM IST, 17 January 2024

Opening Bell: Sensex plunges over 1,150 pts as banks bleed; Nifty slides to 21,700

09:11:09 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates | 19.4 lakh shares of HDFC Bank traded in a block deal

  1. Stock traded 6% lower in pre-open trade

09:08:45 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex slumps over 1100 points; Nifty below 21,650

08:56:26 AM IST, 17 January 2024

Sensex Today | Stock Market View: Prashanth Tapse, Senior VP (Research), Mehta Equities

This Wednesday, HDFC Bank ADR faces a 6.7% dip post-Q3 results, coupled with uncertainties about Federal Reserve rate cuts and Middle East tensions impacting shipping. On a positive note, FIIs were net buyers, and US inflation concerns eased. Nifty may show a negative bias due to mild profit booking. Fitch Ratings is optimistic about India’s growth, while technicals suggest Nifty’s support at 21807 and resistance at 22126. Bank Nifty has interweek support at 47050. Preferred trades: Nifty (22032) – Buy at 21800-21825, Stop at 21501, Targets 22151/22251. Bank Nifty (48125) – Buy at 47250-47400, Stop at 47011, Targets 48301/48636. Bullish on APOLLO TYRES, MAZGAON DOCK, TATA POWER, and INDIAN BANK. Stock recommendation: INDIAN BANK (CMP 440) – Buy at current price and dips between 375-380, Targets 461/501, Aggressive: 651, Stop below 347.

08:10:55 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Oil prices fall as stronger dollar offsets Red Sea disruptions risks

Oil prices fell on Wednesday as a stronger U.S. dollar limited demand for greenback-denominated crude, though the rising risks of supply disruptions amid the intensifying conflict in the Red Sea curbed the losses.

08:02:18 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Dollar at one-month high as rate cut expectations ease on Fedspeak

The dollar index hovered at a one-month high against a basket of currencies on Wednesday as remarks by Federal Reserve Governor Christopher Waller dampened expectations for a March rate cut.

08:00:13 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Asia stocks falter on rate cut rethink; focus on China GDP

Asian stocks stumbled and the dollar was near a one-month high on Wednesday as hawkish rhetoric from central bankers beat back bets of early interest rate cuts, while geopolitical worries kept risk sentiment in check.

07:52:21 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Tokyo stocks open higher

Tokyo stocks opened higher on Wednesday, helped by a cheaper yen against the dollar. The benchmark Nikkei 225 index was up 0.85 percent, or 302.43 points, at 35,921.61 in early trade, while the broader Topix index added 0.65 percent, or 16.35 points, to 2,520.33.

07:26:38 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Quarterly earnings today

Asian Paints, LTIMindtree and a slew of other companies will announce their third quarter results today.

07:26:45 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a negative start

GIFT Nifty on the NSE IX traded lower by 171 points, or 0.78 per cent, at 21,855, signaling that Dalal Street was headed for negative start on Wednesday.

07:26:53 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Tech View: Nifty facing resistance around Mt 22K

Nifty today ended 65 points lower to face resistance around the psychological level of 22,000. The hourly momentum indicator has triggered a negative crossover indicating loss of momentum on the upside.

07:27:00 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Rupee plunges 26 paise against US dollar

The rupee slumped 26 paise to 83.12 against the US dollar on Tuesday, as a strong greenback against major rivals overseas and a negative equity market dented investor sentiment.

07:27:04 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Wall Street ends down as Apple weighs

U.S. stocks ended lower on Tuesday after mixed earnings from Morgan Stanley and Goldman Sachs pressured banks, and as sell-offs in Boeing and Apple weighed on the S&P 500.

07:27:12 AM IST, 17 January 2024

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Tuesday

The 30-share BSE benchmark Sensex declined 199 points or 0.27% to settle at 73,129. The broader NSE Nifty dropped 65 points or 0.29% to end at 22,032.



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