11:48:56 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates | ITCONS E-Solutions announces that the company under MasterService Agreement with HCL Technologies, received 2nd work order worth Rs 5,90,000.
11:43:19 AM IST, 16 April 2024
Government bond trading platform facing technical issues, traders say
India’s online government bond trading platform encountered technical difficulties, halting trading activity, according to five traders on Tuesday. A trader from a private bank stated, “The platform is experiencing technical glitches, preventing bids or trades for the past 10 minutes.”
11:12:10 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates | Shoppers Stop inaugurates its first store in Shillong.
11:00:50 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates | Steel Strips Wheels inks alloy wheel supply agreement with PV OEM; stock jumps 4%
10:57:17 AM IST, 16 April 2024
Bond yields at near 3-month highs amid Middle East worries
Indian 10-year bond yields surged to 7.1890%, nearing a three-month peak on Tuesday. Geopolitical tensions and anticipation of the Federal Reserve delaying rate cuts dampened demand. The yield rose from the previous session’s close of 7.1779%, hitting its highest level since January 25.
10:52:38 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates | Caplin Steriles, a subsidiary of Caplin Point Laboratories, has been granted approval from USFDA for its Abbreviated New Drug Application (ANDA) Ofloxacin Ophthalmic Solution.
10:42:08 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Naman In-Store (India) manufactures prototype outlet for a retail innovation co
10:27:28 AM IST, 16 April 2024
FIIs increase stake in 6 Adani stocks, LIC makes smart profit in March quarter
- In the March quarter, foreign institutional investors (FIIs) demonstrated a heightened interest in the Adani group. Six out of ten Adani stocks witnessed an increase in FII stake, reflecting the conglomerate’s emergence as “too big to ignore.”
- The patience exhibited by PSU insurer LIC in holding Adani stocks proved beneficial, with the market value of its holdings surging by over $1 billion in Q4.
10:13:01 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates | Sterlite Technologies: Co raises Rs 1000 crore through a Qualified Institutional Placement (QIP); stock soars 8%
10:04:46 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates | LISTING ALERT
- Teerth Gopicon lists at 13% premium on SME platform
NSE – Rs 125 (Up- Rs 14 or 12.6%) - DGC Cables and Wires lists at 10% premium on SME platform
NSE – Rs 90 (Down – Rs 10 or 10%)
09:49:43 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates | Hot Stocks: Brokerage view on HDFC AMC, IDFC First, Apollo Tyres and Varun Beverages
- Morgan Stanley on Varun Beverages: Overweight
- Morgan Stanley on Apollo Tyres: Equal Weight
- Jefferies on IDFC First: Buy
- JPMorgan on HDFC AMC: Overweight
09:36:49 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Bharti Hexacom jumps 5% after Jefferies initiates coverage with BUY rating and target price of Rs 1080
09:36:46 AM IST, 16 April 2024
FOREX NEWS | Dollar surges to 5-month high
Meanwhile, the Chinese yuan steadied after initially dropping to its lowest point since November during early trading in Asia. This drop was reversed following the release of China’s first-quarter GDP data, which exceeded expectations. This positive economic news provided support to policymakers who are working to restore confidence amidst an ongoing property market crisis.
09:29:22 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Jio Financial Services saw a 5% surge in its shares on Tuesday, following the announcement of a new joint venture with BlackRock to establish a wealth management and broking enterprise.
09:28:26 AM IST, 16 April 2024
Sensex Today | Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
The market is more concerned about the geopolitical issue. Israel’s military chief’s statement that “there will be a response to Iran’s attack on Israel” has increased the probability of escalation of tensions in the Middle East. We don’t know the timing and the nature of the Israeli response, which can be totally unexpected. This is likely to keep the markets weak in the near-term.
09:23:19 AM IST, 16 April 2024
FOREX NEWS
Rupee drops 8 paise to 83.52 against US dollar.
09:20:33 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates | SAIL, YES Bank among most active stocks in morning trade
09:20:18 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates | Opening Bell
Sensex tumbles 550 points, Nifty below 22,150; Voda Idea falls 3%, TCS 2%
09:06:14 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex slips over 400 points; Nifty below 22,115
09:01:52 AM IST, 16 April 2024
Forex Alert | Rupee hits fresh record low at open
– Rupee surpasses previous record low of 83.50 per US dollar
08:49:50 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | JEFFERIES ON BHARTI HEXACOM
- Initiate Buy with target price of Rs 1,080
- Best Play on Indian Telecom
- Strong growth outlook; healthy margin expansion
- Strong FCF generation to develerage balance sheet
- Lower capital intensity to drive higher ROCES
- Over FY24-27, expect Bharti Hexacom to deliver 16%/21% Cagr in revenue/Ebitda
08:48:23 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | MORGAN STANLEY ON APOLLO TYRES
• Maintain Equal-weight with target price of Rs 475
• Believe the share price will fall relative to the country index over the next 30 days
• Industry price competition is rising -price cuts by multiple players
• This, coupled with rising commodity prices could lead to margin pressure
• 12M forward P/E of 17x looks expensive to us considering above factors
08:48:11 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | MORGAN STANLEY ON VARUN BEVERAGES
• Initiate Overweight with target price of Rs 1,701
• Solid track record of scaling domestic and global opportunities as well as strong profitability
• Will continue to outpace F&B industry growth, in our view
• Also fits in well with our preference for mass discretionary names in 2024
• Over the next 3 years, expect 19% revenue CAGR sou and 23.7% EBITDA margins
• Stock looks better placed than peers, as it is trading at 57x 2025 EPS estimate
• Varun Beverages is now preferred pick in staples
08:48:10 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | JEFFERIES ON IDFC FIRST
• Maintain Buy with target price of Rs 100
• Deposit franchise well appreciated; margin expansion will be a positive
• Cost trends have disappointed; multiple levers for improvement
• Credit quality is topical; deeper insights may help
• Capital needs are imminent & rise in ROE is key
08:31:41 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | JPMORGAN ON HDFC AMC
• Upgrade to Overweight to Neutral; hike target price to Rs 4,450 from Rs 3,500
• Market share has improved, led by better performance
• Benefits of merger still to flow through
• Core EBIT margin expected to hold steady despite better mix
• Regulatory overhang seems to have abated
08:17:11 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Gold rises as Middle East tensions lift safe-haven appetite
Gold prices edged higher on Tuesday lingering close to record-high levels, driven by concerns of rising tensions in the Middle East, which prompted investors to seek refuge in the safe-haven metal.
07:59:47 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Stocks in news: RIL, Jio Financial, JSW Infra, Cipla, Gujarat Gas
On Monday, equity markets experienced significant declines, with indices dropping by over 1%, as escalating tensions in the Middle East and negative trends in global markets unsettled investors. In today’s trading session, attention will be on shares of RIL, Jio Financial, JSW Infra, Cipla, Gujarat Gas, and others due to various news developments.
08:11:49 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Dollar firms after hot retail sales, yen languishes
On Tuesday, the dollar remained close to its peak since early November against several peer currencies, prompting concerns about potential intervention. Meanwhile, the yen remained at its lowest level since 1990, following hotter-than-expected U.S. retail sales data.
08:10:16 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Oil prices rise as Israel weighs response to Iran attack
On Tuesday, oil prices climbed against the backdrop of escalating tensions in the Middle East following statements from Israel’s military chief indicating a response to Iran’s recent missile and drone attack. Despite calls for restraint from allies, Brent futures for June delivery increased by 46 cents, or 0.5%, reaching $90.56 a barrel by 0005 GMT. Similarly, U.S. crude futures for May delivery saw a rise of 43 cents, or 0.5%, reaching $85.84 a barrel.
07:40:07 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Stock Radar: Hindalco breaks out from Symmetrical Triangle pattern; poised for record highs
Hindalco Industries, a prominent player in the metal and mining sector, has witnessed a remarkable surge of over 10% within a month, breaking out from a Symmetrical Triangle Pattern on the weekly charts. This development has created an opportunity for the stock to potentially achieve new record highs in April.
07:21:56 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Asian shares slip on Fed rate cut rethink
On Tuesday, Asian stocks declined while the dollar surged to levels not seen in over five months. This movement was spurred by March’s U.S. retail sales figures, which surpassed expectations, solidifying the belief that the Federal Reserve is unlikely to hastily reduce interest rates this year.
07:16:01 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide D-Street action on Tuesday
Indian stocks dropped on Monday, mirroring losses in Asian markets. Investor confidence waned following Iran’s retaliatory strike on Israel during the weekend, sparking concerns about a broader regional conflict. The NSE Nifty 50 retreated by 1.1% to 22,272, while the S&P BSE Sensex declined by 1.14% to 73,399 by the market close.
07:15:50 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Quarterly earnings today
Crisil, SG Mart, Den Networks and a slew of other companies will announce their fourth quarter results today.
07:16:27 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Market Trading Guide: ONGC, Indus Towers among 5 stocks recommendations for today
On Monday, the stock markets experienced a significant downturn, with the benchmark Sensex and Nifty plunging over 1%. Escalating tensions in the Middle East and negative trends in global markets unsettled investors. Godrej Properties, CSB Bank, Indus Towers, TVS Motor Future, ONGC were among 5 stocks recommendations for Tuesday
07:16:11 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Technical Breakout Stocks: How to trade Aster DM Healthcare, Thermax and Exide Industries
Stocks in focus on Monday included names like Aster DM Healthcare, which surged by over 7%, Thermax, recording a gain of over 4%, and Exide Industries, which concluded with an increase of nearly 3%, reaching a new all-time high.
07:16:48 AM IST, 16 April 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 165.5 points, or 0.74 per cent, at 22,188, signaling that Dalal Street was headed for negative start on Tuesday.
07:16:55 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Tech View: Nifty forms Shooting Star candle
On Monday, the Nifty experienced a decline of 247 points, resulting in the formation of a Shooting Star candlestick pattern on the daily chart. This drop breached the critical support level of the 20-day Exponential Moving Average (EMA) positioned at 22,370.However, the broader positive chart pattern, characterized by higher highs and higher lows, remains intact on the weekly chart. The current downturn may align with the formation of a potential new higher low within this pattern.
08:04:16 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: US stocks close lower as Middle East tensions, Treasury yields weigh
On Monday, US stocks concluded with significant losses, initially buoyed by a robust retail sales report but later succumbing to a surge in Treasury yields and apprehensions regarding escalating geopolitical tensions between Iran and Israel.
07:16:40 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Rupee falls 6 paise against US dollar
The rupee declined 6 paise to settle at 83.44 against the US dollar on Monday, in line with deep losses in equity markets and an elevated dollar against major rivals overseas amid geopolitical tensions.
07:17:14 AM IST, 16 April 2024
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Monday
Indian benchmark equity indices concluded Monday on a downward trend, mirroring losses in Asian markets. Investor sentiment remained subdued after Iran’s retaliatory attack on Israel during the weekend, sparking concerns about a potential escalation of regional tensions.The 30-share BSE benchmark Sensex recorded a decline of 845 points, or 1.14%, settling at 73,399. Meanwhile, the broader NSE Nifty saw a drop of 241 points, or 1.07%, closing at 22,273.
