Stock Markets

Sensex Today | Stock Market LIVE Updates: Sensex falls over 600 points, Nifty below 21,600; IT, pharma stocks buck the trend


01:53:28 PM IST, 12 February 2024

Bharat Forge Q3 Results

  • Consol profit at Rs 254 cr versus Rs 78.72 cr year ago
  • consol revenue from operations at Rs 3866 cr versus Rs 3353 cr year ago
  • interim dividend of Rs 2.50 per share
  • approved raising funds not exceeding Rs 500 cr
01:52:32 PM IST, 12 February 2024

With an issue price of Rs 6,263 per gram, the subscription of the 4th tranche of Sovereign Gold Bond launched today is expected to garner major traction. Both household as well as institutional investors are increasingly getting attracted towards this asset class owing to the plethora of benefits that come along with lucrative returns. As the Indian economy resiliently navigate through choppy waters, investments in SGB tranche is one of the safest harbours for the investors which they can hedge against the headwinds.

– Colin Shah, MD, Kama Jewelry on Fourth Tranche of Sovereign Gold Bond

01:31:59 PM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Low-cost carrier SpiceJet said on Monday that it has started adopting measures to reduce its workforce, aiming to save 1 billion rupees ($12 million) annually.

01:27:04 PM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: IOB, Yes Bank among top 5 losers from the banking space at this hour

01:17:57 PM IST, 12 February 2024

Stock Market LIVE Updates: Nifty Bank index tumbles nearly 900 points

01:04:31 PM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Check out the top losers as Sensex plunges over 600 pts!

01:02:35 PM IST, 12 February 2024

SENSEX FALLS 600 PTS!

01:01:23 PM IST, 12 February 2024

SENSEX FALLS 450 PTS: Here the top BSE 500 stocks that hit 52-week low today

12:47:46 PM IST, 12 February 2024

Crypto Price on February 12: Bitcoin holds above $48,000; Solana, Avalanche shed up to 4%

The cryptocurrency markets were trading marginally lower in Monday’s trade after Bitcoin hit the 48,000 mark over the weekend. The global cryptocurrency market cap fell 0.8% to around $1.8 trillion in the last 24 hours.

At 11:50 a.m., Bitcoin was trading 0.14% lower at $48,128, while Ethereum was down 1.15% at $2,498.

12:19:45 PM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Top gainers & losers at this hour

12:18:47 PM IST, 12 February 2024

Sensex LIVE Updates: Sensex falls over 400 points!

11:59:50 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Yatharth Hospital and Trauma Care Services on Monday said it has acquired Faridabad-based Asian Fidelis Hospital for Rs 116 crore. The healthcare provider, which currently operates three super specialty hospitals in NCR (national capital region), has inked a definitive agreement with Pristine Infracon Pvt Ltd and its shareholders for the buyout.

11:45:37 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Shares of Multi Commodity Exchange of India (MCX) tanked 8.4% to Rs 3,510 in Monday’s intraday trade on BSE after the firm reported a net loss during its December quarter earnings.

11:33:52 AM IST, 12 February 2024

India bond yields dip before key inflation prints

Indian government bond yields trended marginally lower in early trading on Monday as the focus shifted to local as well as U.S. inflation prints due this week, while state debt supply undershot estimates yet again.

India’s benchmark 10-year yield was at 7.0939% as of 10:00 a.m. IST, following its previous close of 7.1067%. The yield rose 5 basis points (bps) last week, the most since the week ended Jan. 5.

11:17:49 AM IST, 12 February 2024

Anupam Rasayan India Q3 results

  • PAT at Rs 18.41 crore vs Rs 42.91 crore
  • Revenue at Rs 296 crore vs Rs 392 crore
  • To set-up hybrid power plant of a total capacity of 9.6 MW in Bharuch

11:17:39 AM IST, 12 February 2024

Stock Market LIVE Updates | EARNINGS IMPACT: Shares of Indian Railway Finance Corporation (IRFC) plunged over 10% to Rs 137 in Monday’s trade on BSE after the firm reported a 1.7% YoY decline in its net profit to Rs 1,604 crore in the December quarter of FY24. The company had reported a net profit of Rs 1,633 crore in Q3 FY23.

11:16:20 AM IST, 12 February 2024

Indian financial technology company Paytm on Monday confirmed media reports of an independent director at its banking arm having resigned. Manju Agarwal resigned from the board of Paytm Payments Bank on Feb. 1 due to personal commitments, the company said in an exchange filing.

11:13:50 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Signature Global to develop housing project in Gurugram; sales potential pegged at Rs 4,500 crore

10:41:10 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Fredun Pharmaceuticals announces that the co has secured orders from SEA countries, is expanding productdevelopment in veterinary care, and advancing orthopaedic applications.

10:31:33 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Dynacons Systems and Solutions wins contract worth Rs 90.02 crore from BSNL

10:29:09 AM IST, 12 February 2024

Stock Market LIVE Updates: Shares of state-run Life Insurance Corporation of India (LIC), which has become India’s fourth biggest company in market value terms, today rallied up to 6% to day’s high at Rs 1,150 after brokerages upgraded the stock and raised target prices following a strong set of numbers in Q3 earnings report card.

10:02:31 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Gensol Engineering, Matrix Gas Consortium win PLI bid for Hydrogen Electrolyser manufacturing

09:49:45 AM IST, 12 February 2024

Market View | Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

With S&P 500 closing above 5000 for the first time, support from the mother market augurs well for the bulls. But the bears are likely to take cues from the rising US bond yields (10-year yield is at 4.17%) which normally triggers big selling from FIIs. So the tug of war between the bulls and the bears is likely to continue.

The fact that the markets are resilient even after the initial enthusiasm of early rate cuts in 2024, both in US and India, has moderated is an indication of the underlying strength of the market. Apart from positive economic cues, a major factor supporting the market is the sustained flows to the market through mutual funds. This can trigger buying on dips and the high market valuations are likely to be sustained for some time. However, the frothy valuations of the broader market are a matter of concern. From the long-term perspective, safety is in large-caps.

09:46:14 AM IST, 12 February 2024

Stock Market LIVE Updates | EARNINGS IMPACT: Honasa Consumer (Mamaearth) shares rose nearly 10% after the company reported 265% growth in its consolidated net profit to Rs 26 crore for the quarter ended December.

09:38:41 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Paytm shares opened 3.6% higher in early trade after the fintech firm approved the formation of a group advisory committee on compliance and regulatory matters.

09:37:44 AM IST, 12 February 2024

Rupee rises 8 paise to 82.99 against US dollar in early trade.

09:23:03 AM IST, 12 February 2024

Stock Market LIVE Updates | EARNINGS IMPACT: Tata Power’s consolidated net profit rose by a marginal 1% year-on-year to Rs 953 crore in the quarter ended December.

09:22:40 AM IST, 12 February 2024

Stock Market LIVE Updates | EARNINGS IMPACT: Hero MotoCorp on Friday reported a 51% year-on-year (YoY) growth in net profit for the quarter ended December to Rs 1,073.40 crore, which was largely on expected lines. Revenue from operations grew 21% YoY in the quarter to Rs 9,724 crore.

09:21:40 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Tata Power, PNB among most active stocks in morning trade

09:20:04 AM IST, 12 February 2024

Opening Bell: Sensex, Nifty flat; Tata Power declines 4%, Hero Moto 3%

09:09:03 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex rises 120 points; Nifty above 21,800

08:37:52 AM IST, 12 February 2024

Pre-opening market comment by Prashanth Tapse, Senior VP (Research), Mehta Equities

In a rather subdued week at Dalal Street, Nifty has seen limited participation, with the fear of missing out conspicuously absent and the pursuit of strength proving ineffective. Investor caution prevails amid RBI’s uninspiring monetary policy and the ongoing debate on the Federal Reserve’s inflation goal. Despite the market’s languid state, the S&P 500’s historic close above 5,000 brings some optimism. From a technical standpoint, Nifty’s intraday support rests at 21557, while hurdles are at the all-time high of 22127. Bank Nifty’s support is at 44429, with immediate hurdles at 46311. The Nifty options data suggests a trading range of 21500-22500. Key catalysts include India’s CPI and IIP numbers, along with the US January CPI. Corporate earnings and Q3 results are in focus, with a positive outlook for Nifty’s rally, aiming to revisit its all-time high. Buyers’ weakness below 21557 could attract bears. The suggested trades include buying Nifty at CMP with targets at 21907/22011 and Bank Nifty at CMP with targets at 46181/46893. The chart of the day favours BANK OF BARODA, BHARAT FORGE, SIEMENS, and ADANI ENTERPRISES on intraday weakness. The recommended stock to buy is PNB (CMP 124) with a stop at 116.75 and targets at 129/135, following an intermonth strategy based on a higher high/low rationale.

08:18:55 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Gold stalls in thin trading; eyes on Fed in data-packed week

Gold prices were flat on Monday in holiday-thinned trading, after falling last week on rising bond yields, while investors awaited remarks from U.S. Federal Reserve officials in a data-packed week.

07:56:09 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Australia, NZ dollars subdued in holiday thinned trade

The Australian and kiwi dollars were subdued in holiday thinned trade on Monday, while traders looked ahead to a central bank speech in New Zealand that could make or break market bets for another hike given the huge shift in market pricing last week.

07:55:43 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Oil starts week lower after Israel says ‘concluded’ Gaza strikes

Oil prices fell in early Asian trade on Monday after Israel said it had “concluded” a series of strikes in southern Gaza, slightly easing concerns about supply from the Middle East.

07:21:25 AM IST, 12 February 2024

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

GIFT Nifty on the NSE IX traded higher by 93 points, or 0.43 per cent, at 21,943.50, signaling that Dalal Street was headed for positive start on Monday.

07:21:18 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Quarterly earnings today

Coal India, HAL, NHPC, SAIL and a slew of other companies will announce their third quarter results today.

07:21:33 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Tech View: Nifty finds support at 20-DMA

Nifty on Friday ended 65 points higher and found support at 20-DMA to form a small body-positive candle with a minor lower shadow on the daily chart to signal buying at lower levels.

07:21:32 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Megacaps rally pushes S&P 500 to first close above 5,000 milestone

S&P 500 closed above 5,000 for the first time on Friday and Nasdaq briefly traded above 16,000, with boosts from megacaps and chip stocks, including Nvidia as investors bet on artificial intelligence technology and eyed strong earnings data

07:21:26 AM IST, 12 February 2024

Sensex Today | Stock Market LIVE Updates: Rupee falls 7 paise to close at 83.03 against US dollar

The rupee depreciated by 7 paise to 83.03 (provisional) against the US dollar on Friday, tracking a strong American currency and elevated crude oil prices in the international market.

07:21:40 AM IST, 12 February 2024

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

The S&P BSE Sensex rose 167 points or 0.23% to settle at 71,595. The broader NSE Nifty gained 64 points or 0.30% to end at 21,782.



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