Market Highlights, Sept 26: Record Highs! Sensex up 666pts; Nifty ends atop 26,200; Auto, metal zoom
Stock Market Highlights: Benchmark equity indices, the BSE Sensex and NSE Nifty50, scaled fresh highs before ending at new closing high levels on Thursday
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Stock Market Today: Foreign Institutional Investors (FII) offloaded shares worth Rs 973.94 crore, while Domestic Institutional Investors (DII) bought shares worth Rs 1,778.99 crore on Wednesday, September 25. (Photo: Shutterstock)
Stock Market Highlights, Thursday, September 26, 2024: Indian benchmark indices BSE Sensex and NSE Nifty50 extended their northward march for another day, scaling fresh peaks before ending Thursday's trading session at record-high closing levels.
The Sensex added as much as 666.25 points, or 0.78 per cent, to settle at 85,836.12. The index conquered a new peak of 85,930.43, just 70 points shy of 86,000, during intraday trade.
Nifty50 also joined the rally, scaling an all-time high of 26,250.90 before ending Thursday's session with a gain of 211.90 points, or 0.81 per cent, at 26,216.05.
3:34 PM
Stock Market Close Highlights: Sensex notches another record close
Stock Market Close LIVE Updates: BSE Sensex ends at 85,836.12, up 666.25 points or 0.78% today, Thursday
>> This is fresh record closing high for the BSE Sensex
>> BSE Sensex hit a fresh record high of 85,930.43 intraday today
>> This is fresh record closing high for the BSE Sensex
>> BSE Sensex hit a fresh record high of 85,930.43 intraday today
3:25 PM![]()
Stock Market LIVE Updates: High natural rubber prices to impact profitability of tyre makers: CRISIL
CRISIL Market Intelligence and Analytics, Director-Research Pushan Sharma said between fiscals 2011 and 2023, global rubber production grew 35 per cent while demand expanded 40 per cent resulting in a supply crunch thereby resulting in higher prices. READ MORE
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Stock Market LIVE Updates: Mitsubishi Pencil JV boosts Linc shares by 6%: details for investors
Stock Market LIVE Updates: Shares of leading stationery company, Linc, surged 5.81 per cent to the day’s high of Rs 767.75 during the intra-day deals on the BSE on Thursday. The northward rally in the stock price was propelled by the company’s announcement of the formation of a strategic joint venture with Mitsubishi Pencil Company, Japan, a global leader in the writing instruments industry with an annual turnover exceeding $500 million. READ MORE
3:02 PM
At 3 PM, the BSE Sensex was up 550.98 points, or 0.65 per cent, at 85,720.85, while the Nifty 50 was at 26,179.85, up 175.70 points, or 0.68 per cent.![]()
Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty extend gains
Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 extended their gains from the record levels they hit in early trades on Thursday.
At 3 PM, the BSE Sensex was up 550.98 points, or 0.65 per cent, at 85,720.85, while the Nifty 50 was at 26,179.85, up 175.70 points, or 0.68 per cent.
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Stock Market LIVE Updates: Auto index hits record as MSIL surges 5%, M&M, Bajaj Auto hit life highs
Stock Market LIVE Updates: Shares of automobile companies were in demand on Thursday's trading session, with the BSE Auto index hitting a record high of 61,540. The index gained nearly 2 per cent in intra-day trades to extend its upward movement after the Securities and Exchange Board of India (Sebi) approved Hyundai Motor India's Rs 25,000-crore initial public offering (IPO) on Wednesday. READ MORE
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Stock Market LIVE Updates: Urban India likely to spend Rs 1.85 trillion during festive sales, Survey finds
Stock Market LIVE Updates: According to a survey, one in two Indian households surveyed will spend over Rs 10,000 this festive season. The report by LocalCircles also said that almost 70 per cent of buyers will prefer to shop from shops and markets rather than online. The survey is based on the responses of 49,000 households from 342 urban districts of India. Forty-four per cent of respondents were from Tier-I, 34 per cent from Tier-II, and 22 per cent from Tier-III, IV, and V districts. READ MORE
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Stock Market LIVE Updates: 50 units to be set up for pharma, medical device mfg under PLI scheme
Stock Market LIVE Updates: As many as 50 new greenfield plants are in the pipeline to come up in the next two years under the Production-linked Incentive (PLI) scheme for pharma and medical devices manufacturing, a senior government official said on Thursday. READ MORE
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Stock Market LIVE Updates: Indogulf files IPO with Sebi, aims to raise Rs 200 cr via fresh issue
Stock Market LIVE Updates: Indogulf Cropsciences Ltd, a manufacturer of crop protection products, plant nutrients, and biologicals, has filed preliminary papers with capital markets regulator Sebi to raise funds through an Initial Public Offering (IPO). READ MORE
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Stock Market LIVE Updates: Stock of this Z group company has zoomed over 3,300% so far in 2024
Shares of Marsons hit a new high of Rs 267.55, as they locked in 5 per cent upper circuit on the BSE on Thursday’s intra-day trade. Thus far in calendar year 2024, the stock price of Marsons has skyrocketed 3,352 per cent, or nearly 35 times, from the level of Rs 7.75 it was on December 29, 2023. READ MORE
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Stock Market LIVE Updates: Headroom to slash petrol, diesel prices by Rs 2-3 per litre, says Icra
Stock Market LIVE Updates: A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providing state-owned firms a headroom to cut petrol and diesel prices by Rs 2-3 per litre, rating agency Icra said on Thursday. The price of a basket of crude oil India imports averaged $74 per barrel in September, down from about $83-84 a barrel in March when petrol and diesel prices were last cut by Rs 2 per litre. READ MORE
2:06 PM![]()
Stock Market LIVE Updates: Housing sales dip 11% in third quarter of CY24 in top 7 cities, says report
Stock Market LIVE Updates: Housing sales in top seven Indian cities in the third quarter of calendar year 2024 (Q3 2024) dipped 11 per cent on a yearly basis, said a report on Thursday, noting that the market is stabilising. Data provided by ANAROCK, a property consulting company, showed that sales declined from more than 120,000 units in Q3 2023 to about 107,000 the same period this year. READ MORE
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Stock Market LIVE Updates: Power Mech secures Rs 227-cr order
Stock Market LIVE Updates: Power Mech has announced that it has secured an order worth Rs 226.66 crore.
Source: BSE
Source: BSE
1:57 PM![]()
Stock Market LIVE Updates: SNB cuts interest rates by 25 basis points for third time this year
Stock Market LIVE Updates: The Swiss National Bank cut interest rates by 25 basis points on Thursday, its third such reduction this year, as it echoed steps to lower borrowing costs taken by the European Central Bank and US Federal Reserve. The SNB cut its policy rate to 1.00 per cent, the lowest level since early 2023, as expected by 30 of 32 analysts in a Reuters poll. READ MORE
1:49 PM
The northward movement in the company’s stock follows the announcement of a strategic investment in Apulki Healthcare (Apulki), India’s first Public Private Partnership (PPP) dedicated to cancer, and cardiac care hospitals.
Earlier, on September 25, 2024, the company informed the exchanges that its Board of Directors had approved the acquisition of 23.53 per cent of the total paid-up capital of Apulki Healthcare. READ MORE ![]()
Stock Market LIVE Updates: Krsnaa Diagnostics climbs 4% on buying stake in Apulki Healthcare
Stock Market LIVE Updates: Shares of healthcare service provider Krsnaa Diagnostics jumped 4.39 per cent to hit the day’s high of Rs 875.65 during intra-day deals on the BSE.
The northward movement in the company’s stock follows the announcement of a strategic investment in Apulki Healthcare (Apulki), India’s first Public Private Partnership (PPP) dedicated to cancer, and cardiac care hospitals.
Earlier, on September 25, 2024, the company informed the exchanges that its Board of Directors had approved the acquisition of 23.53 per cent of the total paid-up capital of Apulki Healthcare. READ MORE
1:36 PM
The company, in an exchange filing, said, "Thomas Cook India and SOTC Travel have been granted the right to operate as Licensed Travel Operators for the 2024-25 International Summer of Cricket fixture which includes the Border-Gavaskar Trophy 2024-25."
"The agreement covers product development, marketing and promotions, booking services for travel programs that incorporate match tickets and ancillary services. The companies intend to target a wide range of segments including Leisure, B-Leisure and MICE," it added.![]()
Stock Market LIVE Updates: Thomas Cook India and SOTC tie up with Cricket Australia for Border-Gavaskar Trophy
Stock Market LIVE Updates: Thomas Cook (India) today announced that the company and its group company, SOTC Travel have partnered with Cricket Australia for the highly anticipated Border-Gavaskar Trophy 2024/25.
The company, in an exchange filing, said, "Thomas Cook India and SOTC Travel have been granted the right to operate as Licensed Travel Operators for the 2024-25 International Summer of Cricket fixture which includes the Border-Gavaskar Trophy 2024-25."
"The agreement covers product development, marketing and promotions, booking services for travel programs that incorporate match tickets and ancillary services. The companies intend to target a wide range of segments including Leisure, B-Leisure and MICE," it added.
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First Published: Sep 26 2024 | 8:06 AM IST
