02:46:31 PM IST, 05 February 2024
Stock Market LIVE Updates: Shanghai stocks slide again; losses limited by govt support
The blue-chip CSI300 Index lost as much as 2.1% before ending up 0.7%, near levels last seen in 2019. The Shanghai Composite Index lost 1%, its sixth straight session of decline.
02:22:45 PM IST, 05 February 2024
Stock Market LIVE Updates: Alembic Pharma Dec-quarter consol profit at Rs 180 crore; stock rises 4%
02:13:07 PM IST, 05 February 2024
Stock Market LIVE Updates: Orient Cement Q3 PAT rises
- PAT at Rs 44.99 crore vs Rs 27.52 crore YoY
- Revenue at Rs 751 crore vs Rs 732 crore YoY
- Re-appointed Desh Deepak Khetrapal as managing director and CEO
02:07:10 PM IST, 05 February 2024
Stock Market LIVE Updates: European equities ahead at open
London’s benchmark FTSE 100 shares index advanced 0.4 percent to stand at 7,645.91 points.
In the eurozone, the Paris CAC 40 rose 0.2 percent to 7,604.34 points and the Frankfurt DAX added 0.1 percent to reach 16,925.89.
01:40:53 PM IST, 05 February 2024
IPO Update | Park Hotels IPO sails through
The initial public offering (IPO) of Apeejay Surrendra Park Hotels got fully subscribed on the first day of the bidding process on Monday, with all three investor categories managing to sail through. The QIB portion was booked 1.15 times, the NII portion was subscribed 1.22 times and the retail portion garnered the highest bids amongst the three at 3.42 times.
01:28:18 PM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Top losers from the banking pack at this hour
01:08:48 PM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Man Infraconstruction Q3 PAT falls to Rs 86.51 crore from Rs 90.61 crore
01:00:39 PM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Pepsi India bottler Varun Beverages reported a nearly 77% surge in its quarterly profit on Monday, as it saw double-digit volume growth across domestic and international markets even as higher costs of essentials weighed on consumers.
12:57:21 PM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Taj GVK Hotels and Resorts Q3 Results
- PAT at Rs 24.21 crore vs Rs 17.32 crore YoY
- Revenue at Rs 111 crore vs Rs 105 crore YoY
12:54:36 PM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Airtel drops 3% ahead of Q3 numbers today
12:40:51 PM IST, 05 February 2024
HDFC Bank to hold roadshows in Europe, Asia for $750 mn bond issue
HDFC Bank will hold roadshows in Europe and Asia starting today to gauge investors’ interest in their proposed USD 750mn bond issuance planned later this week, said people with knowledge. The private lender will issue the dollar bonds out of its branch in Gujarat International Finance Tec-City (GIFT city).
12:27:08 PM IST, 05 February 2024
Stock Market LIVE Updates: Alpex Solar announces IPO price band of Rs 109-115 for its upcoming issue
Alpex Solar Limited (The Company), India’s leading manufacturer of solar systems, today announced that its initial public offering (IPO) will open on Thursday, February 08, 2024. The anchor portion will be opened on Wednesday, February 07, 2024, and the issue will conclude on Monday, February 12, 2024. The company intends to raise approximately Rs. 74.52 crore (at upper band) from the offering and aims to be listed with NSE Emerge. The price band for the issue has been fixed at Rs. 109/- – Rs. 115/- per share, and the lot size will be 1,200 equity shares.
12:25:08 PM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Ahluwalia Contracts (India) got order worth Rs 394 crore; stock surges 7%
12:11:06 PM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Titagarh Rail Systems Ltd (TRSL) on Monday said its profit after tax in December quarter rose 91.3 per cent to Rs 75.03 crore. The company had posted a PAT of Rs 39.22 crore in the year-ago period, TRSL said in a filing to BSE.
12:02:26 PM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Realty stocks rise up to 5%; Pheonix Mills top gainer
11:41:01 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: JK Lakshmi Cement to consider raising of funds
11:38:41 AM IST, 05 February 2024
Ambanis eyeing Paytm wallet? Jio Financial shares jump 4% on report saying so
Quoting senior fintech and banking sector senior executives with knowledge of the matter, The Hindu Business Line said HDFC Bank and Jio Financial are said to be among the forerunners to acquire Paytm’s wallet business, which is housed under Paytm Payments Bank.
11:28:49 AM IST, 05 February 2024
IPO Update: Park Hotels IPO subscribed nearly 50%, retail portion fully booked
- QIB: NIL
- NII: 53%
- Retail: 1.83x
- Employee: 23%
- Total: 47%
11:20:00 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: LIC hits record high, up 6%
11:02:12 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Shares of InterGlobe Aviation (IndiGo) climbed 5.6% to Rs 3,301.4 in Monday’s trade on BSE after the airline reported a consolidated net profit of Rs 2,998 crore in the quarter ended December, which is up 111% from Rs 1,423 crore posted in the last year’s quarter.
10:58:19 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: HDFC Bank, India’s largest private-sector lender, has appointed banks for a likely dollar bond sale, two bankers said on Monday. The bank is looking to issue three-year sustainability dollar bonds and five-year conventional notes, they added.
10:43:53 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Auto index best sectoral performer today led by gains in Tata Motors
10:36:17 AM IST, 05 February 2024
January services growth at six-month high on robust demand -PMI
India’s dominant services sector expanded at the fastest pace in six months in January on robust demand, according to a business survey which also showed output prices rose at their slowest rate since February 2023 and optimism was at a four-month high. That indicated India would continue to hold its title of fastest growing major economy over the coming months, reducing pressure on the government and allowing it to focus on fiscal consolidation over the coming year.
10:14:18 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Alibaba considers sale of consumer assets including Freshippo, RT-Mart
Chinese internet giant Alibaba Group is looking to sell a number of consumer sector assets, including grocery business Freshippo and retailer RT-Mart, three sources with knowledge of the situation said.
10:09:14 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Bond yields reverse course as US peers jump
Indian government bond yields reversed some of the budget-induced declines at the start of a new week amid the impact of a sharp climb in U.S. Treasury yields after strong economic data dampened aggressive rate-cut bets.
09:57:29 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Railtel Corporation of India says received work order from Western Railways worth Rs 125 crore for implementation of unified communication infrastructure
09:49:16 AM IST, 05 February 2024
Aurobindo Pharma says unit Eugia US entered into asset purchase agreement With Empower Clinic to dispose business assets
09:43:38 AM IST, 05 February 2024
Sensex Today | Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
The global construct for equity markets continues to be good with the mother market US doing well aided by a surprisingly strong economy. The latest data on job creation in January has again surprised with the addition of 3,53,000 jobs. There are no signs of the US economy tipping into a mild recession any time soon. This means that the Fed rate cuts expected this year are likely to be back-loaded. This has pushed up the 10-year bond yield again above 4% and the dollar index to 104. This might prompt some selling by FIIs. But the market momentum is good supported by strong DII and retail buying.
Among the recent results Tata Motors and Interglobe Aviation stand out and these stocks have more room to go up. RIL also is exhibiting strength.”
09:43:19 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Rupee falls 5 paise to 83.03 against US dollar in early trade.
09:35:56 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Tata Motors hits record high on over two-fold rise in Q3 profit
09:35:19 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Shares of Indian digital payments firm Paytm slumped 10% to a near record low on Monday, extending a rout triggered by a regulatory crackdown on the company’s banking unit. The stock fell by its daily trading limit to 438.5 rupees, just shy of the previous all-time low of 438.35 rupees hit in November 2022.
09:22:45 AM IST, 05 February 2024
Stock Market LIVE Updates: State Bank of India (SBI) on Saturday reported a 35% on-year fall in its standalone net profit for the quarter ended December due to higher provisions for wage and pension increases, even as loan growth remained strong.
09:22:24 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Sustainable agriculture products and solutions provider UPL on Friday reported a consolidated loss of Rs 1,217 crore during the December 2023 quarter. The company’s net profit stood at Rs 1,087 crore during the corresponding quarter of the previous financial year, the company said in a regulatory filing.
09:21:59 AM IST, 05 February 2024
Stock Market LIVE Updates | EARNINGS IMPACT | Net profit at Tata Motors surged more than two-folds – 137% in the December quarter over the year-ago-period driven by a strong operational performance at the company’s UK subsidiary Jaguar Land Rover and domestic business. The earnings beat Street estimates.
09:20:38 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: NHPC, Tata Motors among most active stocks on NSE
09:20:11 AM IST, 05 February 2024
Opening Bell: Sensex, Nifty trade flat; Tata Motors jumps 5%, Paytm tumbles 10%
09:12:34 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: 0.3% equity block deal in PAYTM
- Stock locked in 10% lower circuit for 3rd day
09:10:33 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex rises 180 points; Nifty above 21,920
09:06:10 AM IST, 05 February 2024
Stock Market LIVE Updates: Va Tech Wabag secures order worth $33.5 million for industrial wastewater treatment plant at RAS Tanura Refinery Project, Kingdom of Saudi Arabia
08:52:48 AM IST, 05 February 2024
Stock Market LIVE Updates: CLSA hikes target price for Tata Motors
In Friday’s trading, Nifty faced profit booking despite a strong opening, forming a ‘Shooting Star’ bearish pattern and encountering resistance at its all-time high of 22127. Bank Nifty witnessed substantial profit booking and underperformed compared to Nifty. Q3 corporate earnings for BHARTI AIRTEL, ALEMBIC PHARMACEUTICALS, ASHOK LEYLAND, TATA CHEMICALS, TRIVENI TURBINE, VARUN BEVERAGES, and VIJAYA DIAGNOSTIC CENTRE are anticipated. Eyes are on the RBI Monetary Policy, with expectations of a neutral stance and speculation of a 50 bps rate cut. Key themes include Wall Street’s record close, a strong US labor market, and falling WTI Oil prices. Recommended trades involve buying Nifty on dips and selling Bank Nifty on strength. INDIGO, ADANI ENTERPRISES, and COAL INDIA are favored on intraday weakness. A breakout play is identified in ADANI ENTERPRISES with targets at 3221/3351 and aggressive targets at 3901.
– Prashanth Tapse, Senior VP (Research), Mehta Equities
08:27:36 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Gold inches lower as traders rethink early rate cut bets
Gold prices edged lower on Monday, as the dollar and Treasury yields jumped after a blowout U.S. jobs report dashed hopes for early interest rate cuts from the Federal Reserve.
08:09:02 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Oil prices steady on Gaza ceasefire talks even as US plans Middle East strikes
Oil prices stabilised in early Asian trading on Monday after sharp falls last week, amid continued attempts to reach a ceasefire in the Israel-Palestinian conflict even as the U.S. planned new strikes on Iran-backed groups.
07:52:45 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Dollar scales fresh peaks as Fed cut bets recede
The dollar rose to an eight-week high against its major peers on Monday as traders clawed back bets for aggressive rate cuts by the Federal Reserve this year in view of a still-resilient U.S. economy.
07:52:28 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Asian stocks slump as traders dial back rate cut bets
Asian shares fell on Monday and the dollar climbed after a robust U.S. jobs report dashed any expectations of a near-term interest rate cut from the Federal Reserve, while stocks in China stocks remained on the back foot on weak sentiment.
07:25:52 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Quarterly earnings today
Bharti Airtel, Varun Beverages, Ashok Leyland, Linde India and BSE a slew of other companies will announce their third quarter results today.
07:25:47 AM IST, 05 February 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 49 points, or 0.22 per cent, at 21,910.50, signaling that Dalal Street was headed for negative start on Monday.
07:26:06 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Tech View: Nifty forms bearish shooting star candle
Nifty today ended 156 points higher to form a small positive candle on the daily chart but formed a candle resembling bearish shooting star on the daily chart.
07:26:01 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Rupee ends flat against US dollar
The rupee surrendered early gains to settle flat at 82.98 against the US dollar on Friday, as a rise in crude oil prices negated the positive sentiment on strong domestic equities and a weak greenback overseas.
07:26:20 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: S&P 500 surges to record closing high on solid earnings, robust data
U.S. stocks ended sharply higher on Friday and the S&P 500 registered an all-time closing high as strong earnings and a blowout January employment report boosted confidence in the economy, even while lowering the likelihood that the Federal Reserve will cut interest rates any time soon.
07:26:28 AM IST, 05 February 2024
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Friday
Nifty50 hit its highest level of 22,126.80 in the early afternoon session before ending at 21,853.80, up by 156.35 points or 0.72%. Meanwhile, BSE Sensex surged as much as 1,440 points in intra-day trade on Friday before paring-off significant part of its gains to end at 72,086, up by 440 points or 0.61%.
