Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a muted start; Asian shares trade higher

Britannia Industries' shares will be in focus on Tuesday after the company reported a 10% year-on-year (YoY) drop in its consolidated net profit, which stood at Rs 531 crore for the quarter ending September 2024, compared to Rs 588 crore in the same period last year.

In the Nifty500 group, the closing prices of five stocks moved above their 200-day moving averages (DMA) on November 11.

The second-quarter earnings season is in progress, with 540 companies set to release their July-September 2024 results today. Key announcements to watch include those from Hyundai, Nykaa, General Insurance, Zydus, and BSE.

Following its high-profile IPO last week, Swiggy's shares are set to debut on the exchanges on Wednesday. Ahead of the listing, the company's shares are trading at a grey market premium (GMP) of Rs 1, reflecting a 0.26% premium over the issue price.

The SME IPO of Mangal Compusolution opens for subscription today and will close on November 14. The company seeks to raise Rs 16 crore through this offering and plans to list its shares on the NSE SME platform. Here are 10 essential details investors should know before subscribing to the public issue.

Bitcoin was nearing $90,000 on Tuesday, fueled by heightened optimism since Donald Trump's election as U.S. president, with expectations that his administration will be favorable toward cryptocurrencies.

Sagility India shares are set to debut on the exchanges on Tuesday. Prior to the listing, the company’s shares were trading at a grey market premium (GMP) of Rs 0.3.

Bitcoin prices surged above $84,000 on Monday for the first time, driven by the election of Donald Trump—a strong advocate for cryptocurrencies—as U.S. President. The rally in Bitcoin, the leading cryptocurrency, is anticipated to continue, with investors expecting prices to surpass $100,000 this year amid bullish momentum in the digital currency.

On Monday, the central bank established guidelines that foreign portfolio investors (FPIs) must adhere to, including obtaining approval from the Centre to increase their equity stakes once their holdings in an Indian company exceed the 10% regulatory limit. These rules follow heightened scrutiny from New Delhi aimed at overseeing ownership of local financial assets by neighboring countries.

Benchmark indices ended flat in a highly volatile session on Monday, as sustained FII selling, disappointing quarterly earnings, and weak cues from Asian markets weighed on investor sentiment.

Key stocks in focus included Hindalco, which gained 0.7%, ONGC, which dropped 2.02%, and Asian Paints, whose shares fell nearly 8% during the session.

Investors are increasingly making bullish options bets on Tesla stock, which has reached its highest level in over two years. This surge is driven by speculation that CEO Elon Musk’s close relationship with President-elect Donald Trump could benefit the electric car company.

GIFT Nifty on the NSE IX traded higher by 2.5 points, or 0.01 per cent, at 24,224, signaling that Dalal Street was headed for muted start on Tuesday.

A small bullish candle appeared on the daily chart, characterized by a long upper shadow, which technically signals the bulls' struggle to maintain an upward move. Although the market has declined over the past few sessions, the absence of significant downward momentum suggests potential for the bulls to regain strength and stage a comeback from recent lows.

Falling for the fourth consecutive session, the rupee depreciated by 1 paisa to reach a new all-time low of 84.38 against the US dollar on Monday, pressured by continuous foreign fund outflows and a subdued trend in domestic equities. Forex traders noted that the rupee is expected to remain under pressure unless there is a decline in the dollar index or a reduction in foreign fund outflows.

Wall Street's main indexes notched record high closes on Monday, lifted by stocks expected to benefit from Republican President-elect Donald Trump's potential fiscal policies.

Tesla's stock market value surged 9% to over $1.1 trillion, fueled by bets the automaker will benefit from CEO Elon Musk's close ties to Trump. Several other stocks also added to gains they have made since Trump won the election, as traders expect them to benefit from his return to the White House.

Indian blue-chip equity indices ended flat on Monday after swinging between gains and losses, as worries about weak earnings and ongoing foreign outflows pressured domestic markets. The BSE Sensex edged up by 10 points, or 0.01%, to close at 79,496, while the NSE Nifty dipped by 7 points, or 0.03%, finishing at 24,141.