LIVE: Markets flat, Nifty below 24,300 and Sensex falls 180 points; India VIX up 4% – Market News
Sensex Nifty Today | Stock Market Live Updates: The Indian benchmark indices, Sensex and Nifty, opened on a flat note today, with both trading in the red. The Nifty is hovering near 24,250, while the Sensex is around the 80,000 mark. Select Asian markets, however, have started on a strong note. Nikkei is up over 1% after US stock markets extended gains for the second day. This is after Donald Trump announced that he had “no intention” of removing Fed Chair Jerome Powell before his term. The US indices closed the session higher in a range of 1%-2.5%.
Here are key factors markets will look at Thursday’s trade-
- Trump will not fire Jerome Powell: US President Donald Trump said he had “no intention” to remove Federal Reserve Chair Jerome Powell before his term. However, recently, Trump criticised Powell and heaped pressure on him to cut key lending rates to boost economic growth, calling him a “major loser” for not doing so.
- Overnight US markets: The key US indices surged on hopes that U.S.-China trade tensions could soon ease and Trump’s plan to not fire Powell. The Dow Jones Industrial Average advanced 419.59 points, or 1.07%, to finish at 39,606.57. The S&P 500 rose 1.67% to close at 5,375.86, and the Nasdaq Composite climbed 2.50% to settle at 16,708.05.
- Dollar Index: The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was down 0.11% at 99.73 on Thursday morning.
- Gold rate today: Gold prices retreat after crossing the crucial Rs 1 lakh mark per 10 grams as the global uncertainty may come to an end after the US announced it to ease tariffs on China. The 24-carat gold rate today was Rs 94,970/10 grams, down 0.46% from a week ago.
Live Updates
Share market today live updates: HUL rises 0.5% post Q4 earnings
Hindustan Unilever‘s share price was trading 0.54% higher at Rs 2,436.90 after the company reported a fall of 3.7% year-on-year in its quarterly profit for Q4FY25, coming in at Rs 2,464 crore.
Share market today live updates: HUL declares Rs 53 total dividend for FY25
Hindustan Unilever’s (HUL) share price was trading 1% higher after the company announced its Q4FY25 results today. Alongside the earnings, HUL’s board approved a final dividend of Rs 24 per share, bringing the total dividend for the full financial year to Rs 53 per share. However, the company has not yet announced the record date for this dividend payout.
Share market today live updates: HUL and Nestle India in spotlight
With the earnings season in full swing, all eyes are on two of India’s biggest FMCG players Hindustan Unilever (HUL) and Nestle India as they gear up to announce their financial performance for the fourth quarter of FY25 today, Thursday, April 24.
Read more: HUL, Nestle Q4 earnings today: 4 key factors to watch ahead of Q4 results
Share market today live updates: Hang Seng falls 1.2%
Hong Kong’s benchmark index, Hang Seng, declined 1.3% or 288 points to 21,786. It has fallen the most among Asia-Pacific peers. The index has fallen almost 9% in the last one month and erased over 9% of investors’ wealth in the previous five years. However, the index has delivered a return of 5% in the past six months.
Share market today live updates: Markets today at open
The domestic equity markets opened Thursday’s trade lower on Nifty‘s monthly expiry. The Nifty 50 lost 40.40 points or 0.17% to open at 24,288.55 while the Sensex opened 158 points or 0.20% lower at 79,958. The midcap stocks broke ranks to trade in the green. The Nifty Midcap 100 rose 50.50 points or 0.09% to 55,092.
Share market today live updates: Bajaj Finance board to consider stock split, bonus, dividend on April 29
Bajaj Finance is set to consider a slew of shareholder-friendly proposals at its upcoming board meeting on April 29. In a regulatory filing, the company said it will evaluate the declaration of a special interim dividend for FY25, a stock split of equity shares with a face value of Rs 2 each, and a bonus share issue, both subject to shareholder approval. The announcement follows an earlier intimation dated April 5, where the company had disclosed the date of its next board meeting.
Share market today Live Updates: Dollar falls on hopes of trade war ease
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was down 0.11% at 99.73 on Thursday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.25% to close at 85.42 to the dollar on April 23.
Share market today live updates: FIIs have turned net buyers
Foreign institutional investors (FII) were the net buyers of shares worth Rs 3,332.93 crore. Meanwhile, the Domestic institutional investors (DII) were the net sellers of shares worth Rs 1,234.46 crore on April 23, 2024, according to the provisional data available on the NSE.
Share market today live updates: BPCL forms JV with GPS Renewables
Bharat Petroleum Corporation entered into a joint venture agreement with GPS Renewables Pvt. Ltd. to set up Compressed Biogas (CBG) plants across the country. This joint venture is aimed at deploying advanced waste-to-energy technologies to convert organic biomass waste into CBG—an eco-friendly and renewable energy source.
Share price today live updates: Tata Consumer Products shares in highlight post Q4 results
Tata Consumer Products reported a net profit of Rs 344.85 crore in Q4FY25, a growth of 59.19% in comparison to Rs 216.63 crore recorded during the corresponding quarter of FY24, surpassing street estimates. It posted revenue from operations at Rs 4608.22 crore, up 17.35% as against Rs 3926.94 crore reported during the fourth quarter of the previous financial year. The company’s EBIT stood at Rs 620.8 crore.
Share price today live updates: Crude oil prices
The crude oil prices rose on Thursday. WTI crude prices were trading at $62.47, up by 0.33%, while Brent crude prices were trading at $66.34, up by 0.34%, on Thursday morning.
