Stock Market LIVE: Sensex down 100 pts; HDFC Bank slips 2.5%, RVNL rises 3% on MSCI rebalance update
Stock Market LIVE updates today, August 13, 2024:In the broader markets, the BSE MidCap index gained 0.35 per cent, and the BSE SmallCap index added 0.5 per cent
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Stock Market LIVE updates today, Tuesday, August 13, 2024: Indian benchmark indices -- BSE Sensex and NSE Nifty50 -- started slightly lower on Tuesday.
The Sensex index was quoting at 79,607, down 42 points in early deals, while the Nifty50 index was at 24,337, down 10 points.
HDFC Bank was the top laggard on the Sensex, down 2.5 per cent, after the latest MSCI rebalancing announcement said the weight of the lender would be increased in two tranches against expectations of one single push.
That apart, Asian Paints, Tata Motors, Bajaj Finance, Bajaj Finserv, Titan Company, and Tech M were the other losers.
On the upside, ICICI Bank, Axis Bank, Kotak Bank, Sun Pharma, Bharti Airtel, and Adani Ports were the top gainers.
In the broader markets, the BSE MidCap index gained 0.35 per cent, and the BSE SmallCap index added 0.5 per cent.
Among sectors, the Nifty Financial Services was down 0.4 per cent, while the Nifty Realty index was up 0.4 per cent.
Among sectors, the Nifty Financial Services was down 0.4 per cent, while the Nifty Realty index was up 0.4 per cent.
MSCI Rebalance: August review
Shares of RVNL, Vodafone Idea, Dixon Technologies, Oil India, Prestige Estates, Oracle Financial and Zydus Lifesciences will be included in the MSCI India Index as part of the latest rejig.
Bandhan Bank is the only Indian stock that will be excluded from the index.
9:45 AM
Oil India up 3% after entering the MSCI India index

9:39 AM
Bandhan Bank slips 2% after MSCI exclusion

9:38 AM
Vi down 2% after MSCI inclusion, narrowing loss in Q1FY25 earnings

9:33 AM
Dixon Tech up 3% after MSCI inclusion

9:30 AM
IRFC up 2.6% after Q1 earnings

9:24 AM
Nifty Bank, Financial Services lead sectoral losses

9:22 AM
Broader indices mixed

9:21 AM
Banks lead gain on Sensex

9:20 AM
HDFC Bank dives 2% on NSE

9:19 AM
Opening bell: Nifty50 opens marginally lower

9:16 AM
Opening bell: Sensex opens flat at 79,615 levels

9:10 AM
Sensex range bound in pre-open deals

9:09 AM
Nifty below 24,350 in pre-open

9:07 AM
Currency check:: Rupee opens marginally lower

9:00 AM![]()
Pre-IPO allotments lose favour amid market buoyancy and larger float sizes
After hitting a record high in 2023, they have come to a halt, with just three companies opting for such placements totalling Rs 235 crore. This compares to eight deals worth Rs 648 crore during the same period of the previous year. READ MORE
Topics : MARKET LIVE Market news Indian stock markets S&P BSE Sensex Nifty50 stock market trading stock market rally stock market investing Markets Sensex Nifty MARKETS TODAY Q1 results MSCI MSCI indices
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First Published: Aug 13 2024 | 7:57 AM IST