11:13:49 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Bajaj Finance to issue 5-year bonds – bankers
11:03:48 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Shakti Pumps (India) to raise funds for an aggregate amount of up to and not exceeding Rs 200 crore
10:49:53 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Goodluck India raised close to Rs. 200 crores in QIP round
Goodluck India announced successful closure of its Qualified Institutional Placement (QIP) round. The company’s Board approved the issue and allotment of 21,27,659 equity shares to Qualified Institutional Buyers (QIBs) at an issue price of Rs. 940 per share at a premium of Rs 938 per share. The company proposes to utilise the proceeds from the issue to fund its working capital requirements and for general corporate purposes. It plans to utilise Rs 150 crore of the net proceeds towards its further estimated working capital requirements.
10:27:47 AM IST, 18 January 2024
Stock Market LIVE Updates | Taiwan’s Foxconn will partner with tech firm HCL Group for a semiconductor assembly and testing facility in India, the companies said on Thursday.
10:21:28 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Australian Premium Solar shares debut with 159% premium over issue price
After a bumper IPO response from investors, shares of Australian Premium Solar debuted with a premium of 159.3% on the NSE SME platform. The stock listed at Rs 140 as against an issue price of Rs 54. Ahead of the listing, the company’s shares traded with a premium of Rs 51 in the unlisted market.
10:18:39 AM IST, 18 January 2024
Stock Market LIVE Updates | Brokerage Take: Bernstein on HDFC Bank: Outperform | Target Rs 2,200
HDFC Bank shares slumped more than 8% on Wednesday – its biggest single-day drop since March 2020 – as concerns over the bank’s future profitability triggered a sharp sell-off.
The biggest concern is on the drivers for the net interest margin (NIM) surprise and the lack of a clear pathway to normalization.
A continued weak deposit growth could limit loan growth and/or eat into margins.
Improvement in operating metrics of the bank now appears to be more dependent on the operating environment rather than an automatic even if a gradual improvement story.
10:09:34 AM IST, 18 January 2024
Sensex Today | Stock Market Crash LIVE Updates | LTI Mindtree extends fall; check top losers from IT services pack
09:54:21 AM IST, 18 January 2024
Sensex LIVE Updates: SENSEX TUMBLES 750 POINTS!
09:47:15 AM IST, 18 January 2024
Gold near 5-week low as rate-cut optimism tapers
Spot gold edged 0.1% higher to $2,008.59 per ounce by 0347 GMT, a day after it fell to $2,001.72 – its lowest since Dec. 13.
U.S. gold futures rose 0.2% to $2,010.70.
09:45:32 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: NHPC shares dropped 6% as the Indian government announced a 3.5% stake sale in the firm. The floor price has been set at Rs 66 per share, a discount of 10% on closing price on Wednesday.
09:35:44 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: HDFC Bank declined as much as 3.7% in early trade, extending its post-earnings decline to the second session. Meanwhile, the stock has plunged nearly 12% in the last two sessions.
09:31:24 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Shares of India’s ICICI Prudential Life Insurance fell 10% on Thursday as weak demand led to a sharp fall in its new business margins. The life insurer, which reported third-quarter results the previous day, said its expected profit margin from new policies declined to 26.7% for the nine months to Dec. 31 from 32% a year earlier.
09:27:25 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Aarti Industries secures a 4-year supply contract worth over Rs 6,000 crore; stock surges 7%
09:26:13 AM IST, 18 January 2024
Rupee falls 2 paise to 83.16 against US dollar in early trade.
09:22:03 AM IST, 18 January 2024
Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Investors may wait and watch for this turbulence to subside. The resilience in IT stocks in this crash is an indication of the strength of the sector. Apart from IT, large caps like RIL, ICICI Bank, L&T and Bharti have strength to tide over this turbulence.
Further dips in HDFC Bank will provide buying opportunities for long-term investors.
09:21:22 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Sun Pharmaceutical Industries Limited said on Wednesday it would buy all the shares of Taro Pharmaceutical Industries it does not already own for $43 per share in cash, effectively taking full control of its unit. Sun Pharma’s offer amounts to about $347.8 million, as per Reuters calculations, with the per share value at a 4.2% premium to Taro’s close on Wednesday.
09:20:49 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates | Earnings Impact | Shares of India’s LTIMindtree fell 9% in early trade on Thursday, a day after the IT services company reported a smaller-than-expected third-quarter profit. Consolidated net profit rose 16.8% to 11.69 billion rupees ($140.6 million), missing analysts’ estimates of 11.76 billion rupees, as per LSEG data.
09:20:22 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Most active stocks on NSE today
09:18:08 AM IST, 18 January 2024
Opening Bell: Sensex slides 500 points, Nifty below 21,450; LTIMintree tanks 9%, ICICI Pru 7%
09:07:18 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex slips over 400 points; Nifty below 21,400
08:52:34 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates | Stock in news: Aarti Industries
Aarti Industries secures 4-year supply contract worth over Rs 6000 crore with multinational conglomerate
08:45:17 AM IST, 18 January 2024
Sensex Today | Stock Market View: Prashanth Tapse, Senior VP (Research), Mehta Equities
Wall Street declined overnight as positive US economic data dampened hopes for March rate cuts. Despite robust retail sales, Nifty experienced its sharpest single-day fall in 18 months, sparking concerns about heightened risk. Technical analysis suggests NIFTY’s support at 21407 and hurdles at 21807, while options data indicate a potential 21100-22000 trading range. Six negative catalysts, including banking stock caution and global uncertainties, weigh on market sentiment. Notably, Nifty IT index resisted the sell-off, driven by strong Q3 results. Amid Q3 corporate results anticipation, a preferred trade advises buying Nifty and Bank Nifty within specified zones. Bullish prospects are highlighted for APOLLO TYRES, MAZGAON DOCK, TATA POWER, and INDIAN BANK. A standout buy recommendation is INDIAN BANK (CMP 440), with targets at 461/501 and aggressive 15-18 months targets at 651, accompanied by a stop below 347.
08:43:16 AM IST, 18 January 2024
Stock Market LIVE Updates | Rupee eyes steady open even as upbeat data drives US yields higher
- The Indian rupee is likely to open largely unchanged on Thursday, with an eye on the rise in U.S. Treasury yields after robust U.S. retail sales data prompted further moderation of bets on aggressive rate cuts by the Federal Reserve.
- Non-deliverable forwards indicate the rupee will open at around 83.14-83.15 to the U.S. dollar, barely changed from its previous closing at 83.1375.
- Retail sales in the U.S. rose 0.6% from the previous month in December, higher than the 0.4% expected by economists polled by Reuters, signalling the resilience of household spending.
- The dollar index climbed to its highest level in a month on Wednesday but was last quoted lower in Asia hours at 103.23.
08:10:13 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Asia stocks struggle as China drags, rate cut bets dwindle
Asian shares were off to a tepid start on Thursday, weighed down by a murky economic outlook in China and expectations the global rate easing cycle may not come as early as some had initially thought.
08:00:22 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Gold ticks up as dollar softens, yields fall
Gold prices edged higher on Thursday, helped by a softer U.S. dollar and lower Treasury yields, but hovered near five-week lows as investors tempered rate-cut optimism after hawkish comments from central bank officials and robust data.
07:51:41 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Dollar holds near one-month peak as dovish Fed bets recede
The dollar held close to a one-month peak versus major peers on Thursday after robust U.S. retail sales data overnight added to building expectations the Federal Reserve will not rush to lower interest rates.
07:24:41 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Quarterly earnings today
IndusInd Bank, Polycab, JSL and a slew of other companies will announce their third quarter results today.
07:24:49 AM IST, 18 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 162.50 points, or 0.75 per cent, at 21,416.50, signaling that Dalal Street was headed for negative start on Thursday.
07:24:59 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Tech View: Nifty charts call for sell on rise strategy
Nifty ended 460 points lower to form a red candle on the daily charts with a decisive break below the 20-day moving average of 21,629. Both price and momentum indicators are pointing toward weakness.
07:25:07 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Rupee settles 2 paise lower against US dollar
The rupee slipped 2 paise to settle at 83.14 against the US dollar on Wednesday amid massive selling in domestic equity markets and a strong greenback overseas.
07:25:14 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Tokyo shares slightly higher on lower yen
Tokyo stocks traded slightly higher on Thursday thanks to a cheaper yen despite overnight falls on Wall Street.The benchmark Nikkei 225 index opened lower but quickly rose into positive territory, adding 0.09 percent, or 33.42 points, to 35,511.17 in early trade, while the broader Topix index added 0.12 percent, or 2.88 points, to 2,499.26.
07:25:22 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Wall Street ends down as US retail sales data crimps rate cut bets
Wall Street stocks finished lower on Wednesday after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
07:25:28 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Oil prices edge higher on OPEC demand estimate, while cold hits U.S. output
Oil prices edged higher on Thursday as OPEC forecast relatively strong growth in global oil demand over the next two years and a cold blast in the U.S. disrupted some oil production.
07:25:35 AM IST, 18 January 2024
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday
The 30-share BSE benchmark Sensex tanked 1,628 points or 2.23% to settle at 71,500. The broader NSE Nifty plunged 460 points or 2.09% to end at 21,572. This is the worst single-day fall in the Sensex in percentage terms in the last 18 months.
