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Sensex Today | Stock Market LIVE Updates: Sensex surges over 450 points, Nifty tops 24,350; IT pack outperforms
06 Nov 2024 | 11:36:18 AM IST
BSE
Synopsis
Sensex Today | Stock Market LIVE Updates: Indian equity indices reversed earlier losses to close higher on Tuesday, as investors turned to heavyweight financial stocks, seen as having attractive valuations, amid caution ahead of the closely contested U.S. presidential election.
Highlights of the trade:
Stock Market LIVE Updates: Indian equity indices recovered from losses to close higher on Tuesday, as investors turned to heavyweight financial stocks, perceived as having attractive valuations, in anticipation of the closely contested U.S. presidential election.
The NSE Nifty 50 climbed 0.91% to 24,213, while the BSE Sensex rose 0.88% to 79,476. Both benchmarks had fallen around 0.6% earlier in the session but rebounded in the final two hours.
Show more- Swiggy IPO kicks off, GMP at 3%
- Titan shares falls 3% on disappointing Q2 nos
- Hindustan Zinc shares plunge over 7%
- Waaree Energies reaches a market capitalization of Rs 1 lakh crore
Stock Market LIVE Updates: Indian equity indices recovered from losses to close higher on Tuesday, as investors turned to heavyweight financial stocks, perceived as having attractive valuations, in anticipation of the closely contested U.S. presidential election.
The NSE Nifty 50 climbed 0.91% to 24,213, while the BSE Sensex rose 0.88% to 79,476. Both benchmarks had fallen around 0.6% earlier in the session but rebounded in the final two hours.
1 New Update
Sensex Today | Stock Market LIVE Updates: RBI Governor says
• RBI's action on NBFCs is beneficial for consumers and regulation
• Don't have a view on credit growth; it depends on individual banks
• Underwriting standards in Indian banks have considerably improved
• Underwriting standards must be more robust
• Banks should understand CD ratios should not be completely skewed
• Considerable improvement in banks' CD ratio compared to a few months ago
• Focused on the quality of underwriting standards and liability structure
• Don't have a view on credit growth; it depends on individual banks
• Underwriting standards in Indian banks have considerably improved
• Underwriting standards must be more robust
• Banks should understand CD ratios should not be completely skewed
• Considerable improvement in banks' CD ratio compared to a few months ago
• Focused on the quality of underwriting standards and liability structure
Sensex Today | Stock Market LIVE Updates: Q2 Earnings Impact
Price as on 11.30.24 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Raymond Lifestyle Q2 Results: Profit slides 70% YoY to Rs 42 crore
Raymond Lifestyle reported a 69.72% decline in consolidated net profit to Rs 42.18 crore for the second quarter ended September 2024, due to subdued demand and higher inflationary pressures.
- The company had posted a net profit of Rs 139.33 crore for the July-September quarter a year ago, according to a late-night regulatory filing from Raymond Lifestyle, a Raymond Group firm, on Tuesday.
- Revenue from operations fell 5.27% to Rs 1,708.26 crore in the September quarter, compared to Rs 1,803.38 crore in the same period last year.
- Total expenses for the Singhania family-promoted firm decreased 1.38% to Rs 1,622.95 crore in Q2 FY'25.
- The company had posted a net profit of Rs 139.33 crore for the July-September quarter a year ago, according to a late-night regulatory filing from Raymond Lifestyle, a Raymond Group firm, on Tuesday.
- Revenue from operations fell 5.27% to Rs 1,708.26 crore in the September quarter, compared to Rs 1,803.38 crore in the same period last year.
- Total expenses for the Singhania family-promoted firm decreased 1.38% to Rs 1,622.95 crore in Q2 FY'25.
Price as on 11.16.19 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Sagility India IPO subscribed 28% on day 2. Check GMP and other details
Sagility India's initial public offering (IPO) was 28% subscribed by the second day of bidding on Wednesday, driven by strong retail investor interest. On the first day, the subscription rate reached 22%.
Sensex Today | Stock Market LIVE Updates: Top gainers from IT pack: TCS, Infy up 3% each
Price as on 11.00.18 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Hindustan Zinc OFS subscribed 0.39% in early trade
The government's offer for sale (OFS) of up to 2.5% in Hindustan Zinc was 0.39% subscribed in early morning trade on Wednesday.
Within an hour of the OFS opening, institutional investors had placed bids for 1.88 lakh shares at an indicative price of Rs 506.61 each, against 4.75 crore shares reserved for them.
Bidding will continue until market close at 3:30 PM.
Within an hour of the OFS opening, institutional investors had placed bids for 1.88 lakh shares at an indicative price of Rs 506.61 each, against 4.75 crore shares reserved for them.
Bidding will continue until market close at 3:30 PM.
Sensex Today | Stock Market LIVE Updates: Bank Nifty off day's high. Top gainers and losers at this hour
Price as on 10.59.09 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Waaree Energies becomes Rs 1 lakh crore company as shares jump 49% in 1 week
Shares of newly-listed solar panel manufacturer Waaree Energies surged by up to 7.6% on Wednesday, reaching a new high of Rs 3,740.75 on the BSE, which boosted its market capitalization to over Rs 1 lakh crore.
Sensex Today | Stock Market LIVE Updates: Gold Rate Today: Yellow metal falls marginally to Rs 78,434/10 grams as market awaits US election outcome
Gold prices edged slightly lower on Wednesday as investors closely watched the outcome of the closely contested U.S. presidential election.
Sensex Today | Stock Market LIVE Updates: Swiggy IPO vs Zomato: Which is the better investment option currently?
Swiggy has launched its highly anticipated ₹11,300 crore public offering, setting up a competitive face-off with rival Zomato on the stock exchanges. As both companies vie for investor interest, Swiggy's IPO raises a new question about which offers a more attractive investment opportunity in the food delivery market.
Sensex Today | Stock Market LIVE Updates: Hindustan Zinc shares plunge over 7% on govt plan to sell 2.5% stake via OFS
Shares of Hindustan Zinc dropped by as much as 7.5% on Wednesday, reaching a low of Rs 517.70 on the BSE, following the central government's announcement to sell up to 2.5% of its stake in the company through an offer for sale (OFS).
Sensex Today | Stock Market LIVE Updates: Acme Solar Holdings shares are trading with a GMP of Rs 10, indicating a premium of 3% over the issue price.
Sensex Today | Stock Market LIVE Updates: Acme Solar Holdings IPO opens. Should you subscribe to this Rs 2,900 crore issue? Check latest GMP
The initial public offer IPO of Acme Solar Holdings has opened for subscription today.
Sensex Today | Stock Market LIVE Updates: Hindustan Zinc share price falls over 7%
Price as on 10.12.44 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Swiggy IPO GMP at 3%
Sensex Today | Stock Market LIVE Updates: NSE top losers at 10:10 am
Price as on 10.10.06 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Sensex rises 600 points
Sensex Today | Stock Market LIVE Updates: Swiggy IPO opens for subscription. Should you subscribe or skip?
Swiggy Ltd's initial public offering (IPO) opens for subscription today and will remain open for investors to bid until November 8.
Sensex Today | Stock Market LIVE Updates: Top NSE gainers
Price as on 10.01.59 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: GAIL share price jumps over 5%
Price as on 09.54.17 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Sensex rises over 500 pts
Nifty IT top sectoral gainer at this hour; index up over 2%
Infosys, ICICI Bank top contributors to Sensex's 400 point gain
Sensex Today | Stock Market LIVE Updates: Positive Breakout: These 4 stocks close cross above their 200 DMAs
On November 5, the closing prices of four large-cap stocks on the NSE moved above their 200-day moving averages (DMA).
Sensex Today | Stock Market LIVE Updates: Sensex rises 400 points
Sensex Today | Stock Market LIVE Updates: Titan shares fall over 3% after disappointing Q2 results
Price as on 09.41.58 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Sensex rises over 300 points
Sensex Today | Stock Market LIVE Updates: Trump card for D-St: The good, bad & ugly for Indian stock market
Will Donald Trump return to the White House, or will Kamala Harris step into the Oval Office? Whichever leader takes charge, global stock markets are sure to experience the impact.
Sensex Today | Stock Market LIVE Updates: Swiggy IPO opens for subscription today. GMP at 3%. Should you invest?
Swiggy Ltd's initial public offering (IPO) opens for subscription today and will be available for investor bids until November 8.
Sensex Today | Stock Market LIVE Updates: Sensex heatmap in opening trade
Sensex Today | Stock Market LIVE Updates: Nifty above 24,200 in opening trade
Sensex Today | Stock Market LIVE Updates: Sensex rises over 100 points in opening trade
Sensex Today | Stock Market LIVE Updates: Opening Bell: Sensex rises over 100 pts, Nifty above 24,200; GAIL jumps 6%, Titan sheds 2%
Sensex Today | Stock Market LIVE Updates: Sensex rises 290 points, Nifty above 24,300 in pre-open session
Sensex Today | Stock Market LIVE Updates: Rupee opens at record low of 84.17 vs USD
Sensex Today | Stock Market LIVE Updates: Wall Street is counting on stocks to rally after election hurdle
An increasing number of Wall Street strategists anticipate that a resolution in the U.S. presidential election will pave the way for stocks to rally through the end of 2024, adding to the S&P 500 Index's 21% gain so far this year.
Sensex Today | Stock Market LIVE Updates: Acme Solar Holdings IPO opens today. Should you subscribe to this Rs 2900 crore issue?
The initial public offering (IPO) of Acme Solar Holdings opens for subscription today and will be available for investors to bid until November 8.
Sensex Today | Stock Market LIVE Updates: Trump Media reports $19 mln loss in third quarter on TV streaming costs
Former U.S. President Donald Trump's media company posted a net loss of $19.2 million in the third quarter, driven by legal expenses and costs associated with its TV streaming agreement.
Sensex Today | Stock Market LIVE Updates: Bitcoin rises to a record $74,320
Sensex Today | Stock Market LIVE Updates: Bitcoin jumps 8% to above $73,000, nearing all-time high levels
Stock Market LIVE Updates: Dollar gains 1.5% against yen, euro ahead of US election result
The dollar strengthened by approximately 1.5 percent against both the yen and the euro on Wednesday, as traders assessed the potential budgetary impact of a Donald Trump victory in the US presidential election. At around 0245 GMT, the greenback gained 1.51 percent against the Japanese yen, reaching 153.89 yen, and climbed 1.41 percent to nearly 0.93 euros per dollar.
Sensex Today | Stock Market LIVE Updates: Amid record FPI sales, most large-cap stocks manage to buck bearish trend
A month-long slump in Indian equities, driven by record foreign institutional selling, appears not to have weakened the fundamental strength of most large-cap stocks.
Sensex Today | Stock Market LIVE Updates: Acme Solar's plans promising, but financials not that much
Acme Solar Holdings, a renewable energy company, aims to raise ₹2,395 crore in fresh equity to reduce debt and an additional ₹505 crore through an offer for sale. The promoter’s stake will decrease from 100% to 83.4% post-IPO. Positioned for capacity expansion, the company is well-suited to capitalize on sector growth opportunities.
Sensex Today | Stock Market LIVE Updates: Patient investors may subscribe to Swiggy IPO
Investors considering subscribing to Swiggy's ₹11,327-crore IPO may need patience to see substantial returns. Given the current market uncertainty, analysts are cautious about expecting a big debut, advising investors to hold the stock long-term for potential gains of 25-30%.
Sensex Today | Stock Market LIVE Updates: Adani Energy, Oberoi Realty, BSE could join MSCI Global
According to Nuvama Alternative & Quantitative Research, Adani Energy Solutions, Kalyan Jewellers, Oberoi Realty, BSE, and Alkem Laboratories are likely candidates for inclusion in the MSCI Global Standard Index. Nuvama also mentioned that Voltas has a "borderline" chance of being added.
Sensex Today | Stock Market LIVE Updates: Trump's media stock Truth Social is set for even wilder ride after the election
The stock price of former President Donald Trump's social media company has fluctuated significantly in recent weeks, and it could be poised for even greater volatility.
Sensex Today | Stock Market LIVE Updates: Q2 results today: Tata Steel, Apollo Hospitals among 98 companies to announce earnings on Wednesday
The second-quarter earnings season is in progress, with 63 companies scheduled to release their financial results for the July-September 2024 period today. Key companies to watch include Power Grid, Tata Steel, Apollo Hospitals, RITES, and Delta Corp.
Sensex Today | Stock Market LIVE Updates: JK Tyres Q2 net falls 42% on weak demand, high natural rubber prices
JK Tyre & Industries saw a 42% decline in consolidated net profit for the September quarter compared to the same period last year. This drop was primarily due to reduced demand for tyres from both original equipment manufacturers and the replacement market, stemming from a slowdown in the commercial vehicle sector. Additionally, a 6-7% increase in natural rubber prices—a critical raw material for tyre production—further impacted earnings.
Sensex Today | Stock Market LIVE Updates: US stocks jump on Election Day as investors eye outcome
U.S. stocks closed sharply higher in a broad rally on Tuesday after data signaled a solid economy, but investors braced for volatile trading this week as voting was underway in an extremely tight U.S. presidential election.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a negative start
GIFT Nifty on the NSE IX traded lower by 34.5 points, or 0.14 per cent, at 24,235, signaling that Dalal Street was headed for negative start on Wednesday.
Sensex Today | Stock Market LIVE Updates: Tech view: Nifty forms Piercing Line candle on daily chart
The Nifty closed 218 points higher, forming a Piercing Line candlestick pattern on the daily chart near its 150-day exponential moving average (DEMA) support, signaling potential strength in the index.
Sensex Today | Stock Market LIVE Updates: Rupee rises 2 paise against US dollar
The rupee rebounded from its all-time low, closing 2 paise higher at 84.09 against the US dollar on Tuesday, aided by a recovery in domestic markets and likely intervention by the Reserve Bank of India. Forex traders noted that investors remained cautious ahead of the U.S. presidential election, with markets preparing for possible volatility in the coming days, particularly with the Federal Reserve’s upcoming monetary policy announcement this week.
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Tuesday
In a highly volatile trading session on Tuesday, benchmark indices Sensex and Nifty closed higher as investors moved to buy undervalued heavyweight financial stocks ahead of the U.S. presidential election later in the day.
The 30-share BSE Sensex rose 694 points, or 0.88%, to close at 79,476, while the broader NSE Nifty gained 218 points, or 0.91%, to finish at 24,213. Both indices had declined by as much as 0.6% earlier in the session.
The 30-share BSE Sensex rose 694 points, or 0.88%, to close at 79,476, while the broader NSE Nifty gained 218 points, or 0.91%, to finish at 24,213. Both indices had declined by as much as 0.6% earlier in the session.
