Latest Market News Today highlights August 26, 2024: Premier Energies IPO: Hyderabad-based firm mobilises ₹846 crore from anchor investors ahead of public issue
Latest Market News Today highlights: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
26 Aug 2024, 10:52:07 PM IST
IPO News Today Live Updates: Premier Energies IPO: Hyderabad-based firm mobilises ₹846 crore from anchor investors ahead of public issue
- According to the exchange filing, the Hyderabad-based integrated solar cells and solar modules manufacturer allocated 18,802,666 equity shares to anchor investors at anchor investor allocation price of ₹450 per equity share.
26 Aug 2024, 10:12:14 PM IST
Commodity News Today Live Updates: Gold surges to record high on US rate cut hopes, geopolitical risks; silver remains stable
- Spot gold climbed 0.2% to $2,514.73 per ounce at 11:41 a.m. ET (1541 GMT), close to last week’s record high of $2,531.60. U.S. gold futures similarly advanced 0.2% to $2,550.30.
26 Aug 2024, 08:31:08 PM IST
Stock Markets Today Live Updates: Chandan Taparia’s recommendations: How to trade HCL Tech, National Alum, Indian Hotels shares on August 27?
- Chandan Taparia has recommended three stocks to buy tomorrow, August 27. According to him, these stocks – HCL Tech, National Alum, Indian Hotels – are technically placed to see a decent upmove.
26 Aug 2024, 07:59:25 PM IST
Stock Markets Today Live Updates: ‘Dates changed but everyone with offer will join’ says Infosys CEO on 2022-batch oboarding delays
- Dates changed but everyone with offer will join: Infosys CEO on 2022-batch oboarding delays
26 Aug 2024, 07:48:14 PM IST
Stock Markets Today Live Updates: Wall Street today: US stocks mixed ahead of Nvidia earnings, inflation data
- The Dow Jones rose 0.06%, the S&P 500 was higher by 0.09%, the Nasdaq dropped 0.06%
26 Aug 2024, 06:04:59 PM IST
Stock Markets Today Live Updates: Capitalmind receives SEBI’s in-principle nod to launch a mutual fund
- Capitalmind Financial Services has received preliminary approval from the Securities and Exchange Board of India (SEBI) to introduce a new mutual fund.
26 Aug 2024, 05:32:06 PM IST
Stock Markets Today Live Updates: Honasa Consumer shares jump 14% to fresh record high; here’s what driving the rally?
- The stock surged after the company received approval from the National Company Law Tribunal in Chandigarh for the amalgamation scheme involving Just4Kids Services Private Limited, Fusion Cosmeceutics Private Limited, and Honasa Consumer.
26 Aug 2024, 05:31:18 PM IST
Stock Markets Today Live Updates: Zerodha’s Nithin Kamath says fake trading app scams are ‘mega nuisance’, shares awareness video
- Zerodha’s Nithin Kamath shared his views on the surge of fake trading app scams. The scams are designed to make people who invest money believe that they will make profits, but these are limited to the initial trades.
26 Aug 2024, 05:19:30 PM IST
Mark To Market Today Live Updates: Can Apollo Hospitals’ stock sustain its upward momentum without triggers?
- As Apollo Hospitals’ stock is currently at the lower end of the valuation range, most analysts have maintained their positive view on the stock
26 Aug 2024, 04:43:55 PM IST
Stock Markets Today Live Updates: Tata Sons pays ₹20,000 crore debt to avoid mandatory listing: Report
- As a result, Tata Sons can continue to operate as a closely held company without being required to list its shares on the stock exchange, as mandated by RBI regulations.
26 Aug 2024, 04:41:20 PM IST
IPO News Today Live Updates: Upcoming IPO: Bajaj Housing Finance IPO to hit D-Street early September
- Bajaj Housing Finance IPO is set to debut on the stock market in early September. The IPO will raise ₹7,000 crore, with ₹4,000 crore from new shares and ₹3,000 crore from Bajaj Finance Ltd’s share sale.
26 Aug 2024, 04:35:00 PM IST
Stock Markets Today Live Updates: Zomato, Nykaa, Paytm, CarTrade and more: Should you buy or sell new-age internet stocks? Experts weigh in with top picks
- Experts highlight the cautious optimism for new-age internet stocks, emphasizing profitability, strategic growth, and market penetration, with top picks like Zomato and PolicyBazaar recommended for long-term investors.
26 Aug 2024, 04:03:30 PM IST
Stock Markets Today Live Updates: Top Gainers and Losers today on 26 August, 2024: Hindalco Industries, HCL Technologies, Apollo Hospitals Enterprise, Hero Motocorp among most active stocks; Check full list here
- Top Gainers and Losers Today : The Sensex gained 611.9 points, or 0.75, to settle at 81086.21, while the Nifty gained 187.45 points, or 0.76, to close at 24823.15.
26 Aug 2024, 04:02:08 PM IST
Stock Market News Today Live Updates: Markets with Bertie: When charts charm and tourists alarm
- Fund manager Bertie takes us through the ‘happily ever after’ chart trend, SIP inflow celebrations and the Bangladesh tourist twist
26 Aug 2024, 03:49:03 PM IST
IPO News Today Live Updates: Indian Phosphate IPO booked over 8 times on first bidding day so far, retail portion sees huge demand; check GMP
- Indian Phosphate IPO, held between August 26-29, priced shares at ₹94-99. Focused on LABSA and fertilizers, the IPO was subscribed 8.78 times, raising ₹67.36 crore. Proceeds are for working capital and a new Tamil Nadu plant.
26 Aug 2024, 03:31:21 PM IST
Mark To Market Today Live Updates: IT stocks are surging on hopes of a rate cut, but it’s too early to celebrate
- Signs of a turnaround in US monetary policy have boosted sentiment, pushing the Nifty IT Index up around 1.5% on Monday, but rich valuations offer little respite for now.
26 Aug 2024, 03:31:10 PM IST
Stock Markets Today Live Updates: Stock market today: Nifty 50 rises almost 1%, extending gains into the 8th consecutive session
- Stock market today: Nifty 50 rises almost 1%, extends gains into the 8th consecutive session
26 Aug 2024, 03:30:30 PM IST
Stock Markets Today Live Updates: GRM Overseas share price: Why is FMCG stock skyrocketing today?
- GRM Overseas share price: Experts believe that the exports association writing GoI to reduce MEP on Basmati Rice export is the reason for the sudden rise in FMNCG stock price
26 Aug 2024, 03:15:34 PM IST
Stock Markets Today Live Updates: Nifty IT Index rises over 1.7% on US Fed rate cut signal, 3 stocks including Tech Mahindra touch new 52-week highs
- Indian IT stocks have continued their bullish momentum in today’s session, leading the Nifty IT index to rise by 1.8%. All 10 index constituents are currently trading in positive territory, with HCL Technologies, Persistent Systems, and Tech Mahindra hitting new 52-week highs.
26 Aug 2024, 03:10:32 PM IST
Stock Markets Today Live Updates: Sonata Software: Down 15% in August, a temporary blip or long-term opportunity? Systematix sees 23% upside potential
- Sonata Software’s stock has declined nearly 30% from its peak in February 2024, but brokerage house Systematix remains optimistic, issuing a buy call with a target price of ₹760, citing strong long-term growth drivers.
26 Aug 2024, 03:05:37 PM IST
Stock Markets Today Live Updates: Paytm shares fall 9% on reports of SEBI show-cause notices to CEO Vijay Shekhar Sharma, board members
- Paytm shares dropped over 9% intraday on reports that Sebi issued show-cause notices to CEO Vijay Shekhar Sharma and board members for alleged misrepresentation of facts during the 2021 IPO.
26 Aug 2024, 02:46:04 PM IST
Stock Markets Today Live Updates: US Fed rate cut: Can it boost the Indian stock market? What sectors may gain? Experts weigh in
- Fed Chair Jerome Powell hints at a policy shift, boosting global markets. Anticipated rate cuts in 2024 may modestly impact markets, with sectors like NBFCs, auto, and new tech expected to benefit. Experts suggest deeper cuts could signal concerns about US growth.
26 Aug 2024, 02:41:34 PM IST
IPO News Today Live Updates: 1:5 stock split effect: Multibagger SME stock turns ₹1.04 lakh to ₹2.93 lakh in six years
- Multibagger stock traded ex-bonus on 2nd February 2024 in 1:5 ratio
26 Aug 2024, 02:30:34 PM IST
IPO News Today Live Updates: QVC Exports IPO allotment status likely to become public today. GMP, how to check status
- QVC Exports IPO allotment status can be checked online through the website of NSE, or the official portal of IPO registrar. Cameo Corporate Services Ltd is the QVC Exports IPO registrar.
26 Aug 2024, 02:30:10 PM IST
IPO News Today Live Updates: Ideal Technoplast Industries IPO allotment to be finalised today; latest GMP, 4 steps to check status
- Ideal Technoplast Industries IPO share allotment will be finalised today. Investors can check the status on Bigshare Services’ portal. The IPO was subscribed 116.75 times, and shares will be credited on August 27.
26 Aug 2024, 02:04:42 PM IST
Cryptocurrency Today Live Updates: How Bitcoin ETFs can send Bitcoin prices to the moon in five years
- Various funds started holding ETFs in bonds, currencies, gold, real estate investment trusts and volatility, but none caused the storm as Bitcoin spot ETFs in 2024.
26 Aug 2024, 01:49:26 PM IST
Stock Markets Today Live Updates: AU Small Finance Bank trades in green, up over 1 per cent on buyback reports
- AU Small Finance Bank share price: AU Small Finance Bank’s total equity changed hands at an average price of ₹630 per share, resulting in a total transaction value of ₹804 crore.
26 Aug 2024, 01:46:09 PM IST
IPO News Today Live Updates: Interarch Building Products share price dips after listing at strong premium. Buy, sell or hold?
- Interarch Building Products’ share price on the BSE opened at ₹1291.20 per share, whereas it opened on the NSE at ₹1,299 apiece
26 Aug 2024, 01:45:26 PM IST
Stock Markets Today Live Updates: FPI inflows in Indian debt market cross ₹1 lakh crore mark in 2024 so far
- FPIs have poured a substantial ₹1,02,354 crore in the Indian debt market in 2024 so far. In August alone, FPIs invested ₹11,366 crore so far, following net investments of ₹22,363 crore in July, ₹14,955 crore in June and ₹8,760 crore in May, NSDL data showed.
26 Aug 2024, 01:42:54 PM IST
Stock Markets Today Live Updates: This small cap electronics stock has surged past ₹1,000. Should you buy?
- The stock has gained 188.4% from its 52-week low of ₹361 to touch ₹1,041 on 23 August. But is it worth buying?
26 Aug 2024, 01:40:05 PM IST
Stock Markets Today Live Updates: Primary market emerges as FIIs favorite amid high valuations in secondary market, inject ₹12,367 crore in August
- FPIs have shifted to investing in the Indian primary market, favoring IPOs due to valuation differences, while also showing strong interest in Indian debt markets with significant inflows.
26 Aug 2024, 01:27:36 PM IST
Stock Market News Today Live Updates: Israeli-Hezbollah conflict ignites fears of supply disruptions, drives oil prices up
- Oil prices surged on August 26, 2024, as tensions in the Middle East intensified following an Israeli military operation against Hezbollah targets in southern Lebanon.
26 Aug 2024, 01:27:12 PM IST
Stock Markets Today Live Updates: Stock to buy: Sumeet Bagadia recommends this auto stock as his Janmashtami Pick
- Despite a recent dip, Tata Motors shares have risen 39% YTD in 2024. Analyst Sumeet Bagadia recommends buying, with target prices of ₹1,205 and ₹1,260.
26 Aug 2024, 01:22:35 PM IST
Stock Markets Today Live Updates: Jai Corp share price gains almost 7%: To consider share buyback of 29 August; Should you Buy, Sell or Hold the stock?
- Stock Market Today: Jai Corp ltd share price gained more than 5% in the morning trades on Monday. A meeting of the Board of Directors of the Company will be held on Thursday, 29th August, 2024 inter-alia to consider a proposal for buyback. Should you Buy, Sell or Hold the stock
26 Aug 2024, 12:57:24 PM IST
Stock Markets Today Live Updates: Jefferies prefers two-wheelers, tractors over passenger vehicles, trucks; picks TVS Motor, M&M
- Jefferies prefers two-wheelers and tractors, with TVS Motor and Mahindra & Mahindra as top picks. Ola Electric’s market share in electric two-wheelers has varied, while TVS and Bajaj saw gains. EV adoption is expected to rise gradually, influenced by government incentives.
26 Aug 2024, 12:35:39 PM IST
Stock Markets Today Live Updates: Gold or silver: Which is a better long-term bet?
- Gold, deemed ‘God’s own currency,’ offers stability and is seen as a safe haven. Silver, ‘poor man’s gold,’ is essential for tech advancements. What should be the ideal ratio for this allocation?
26 Aug 2024, 12:34:57 PM IST
Stock Markets Today Live Updates: INR vs USD: Rupee underperforms Asian peers against the sinking US dollar. Here’s why
- The dollar index – which measures the currency against a basket of six major peers, including the euro, sterling, yen and Swiss franc – languished at 100.69, just off the 13-month low of 100.60 reached at the end of last week.
26 Aug 2024, 11:46:02 AM IST
Stock Markets Today Live Updates: Shilpa Medicare soars over 11% to record high on positive phase 3 trial results for fatty liver drug NorUDCA
- Shilpa Medicare shares surged over 11% after announcing successful Phase 3 trials for NorUDCA, a drug for Nonalcoholic Fatty Liver Disease (NAFLD).
26 Aug 2024, 11:45:42 AM IST
Stock Markets Today Live Updates: Expert view: Nifty 50 may correct moderately; focus on THESE sectors for 2-3 years, says Aditya Birla Sun Life AMC CIO
- Expert view: Mahesh Patil, the CIO of Aditya Birla Sun Life AMC, points out that the Indian economy’s growth is driven by consumer spending and investment in real estate, infrastructure, and industrial sectors. Investing in diversified Indian equities is a recommended strategy.
26 Aug 2024, 11:44:15 AM IST
Stock Markets Today Live Updates: Paytm shares surge 54% in 3 months, rebound 79% from May lows; is the rally here to stay?
- Paytm’s stock has recovered 54% in the last three months, trading 79% above its all-time low. The sale to Zomato aims to focus on core areas like payments and financial service distribution.
26 Aug 2024, 11:41:10 AM IST
Cryptocurrency Today Live Updates: Telegram-linked cryptocurrency Toncoin loses $2.7 billion after Telegram co-founder Pavel Durov’s arrest in Paris
- Pavel Durov’s arrest resulted in a significant market value drop for Toncoin, which currently boasts of a market cap of $14.39 billion
26 Aug 2024, 11:39:05 AM IST
Stock Markets Today Live Updates: TCS IPO: Tata Consultancy Services turn ₹5,950 of allottees into ₹1.27 lakh in 20 years of share listing
- TCS shares listed in the Indian stock market on 25th August 2004
26 Aug 2024, 11:23:59 AM IST
IPO News Today Live Updates: F&O Strategy: Buy Apollo Tyres, Radico Khaitan, Escorts Kubota, recommends Rupak De in strong market today
- F&O Strategy: Technical views on F&O market by Rupak De, Senior Technical Analyst, LKP Securities. De suggests buying Apollo Tyres, Radico Khaitan, and Escorts Kubota.
26 Aug 2024, 11:10:48 AM IST
IPO News Today Live Updates: Premier Energies IPO opens tomorrow: Price band, GMP and other details in 10 points
- Premier Energies IPO, opening on August 27, aims to raise ₹2,830.40 crore. The price band is ₹427- ₹450 per share, with a minimum lot size of 33 shares.
26 Aug 2024, 11:05:08 AM IST
Stock Markets Today Live Updates: NIIT share price jumps 29% in two sessions after Ramesh Damani, promoters buy stake
- Ramesh Damani purchased 8 lakh NIIT shares, or 0.59% stake in the company, at an average price of ₹127.55 per share on August 23, according to bulk deal data on NSE. The total investment made by Damani amounted to ₹10.20 crore via open market.
26 Aug 2024, 11:01:33 AM IST
Stock Markets Today Live Updates: Multibagger DCX Systems stock trades at 25% discount from its recent peak. Time to buy?
- DCX Systems’ stock experienced an 11.25% decline in August, driven by a June quarter that missed expectations, showing declines in both revenue and net profit. Despite this, analysts remain optimistic about the company’s future, citing its strong order book and focus on improving margins.
26 Aug 2024, 11:00:10 AM IST
Stock Market News Today Live Updates: DEBOCK INDUST, Future Supply Chain Solutions & others hit 52 week low today ;Check the full list here?
- Following shares hit their 52 week low today – DEBOCK INDUST, Future Supply Chain Solutions, IRB Invit Fund Unt, GSS Infotech, Secur Credentials
26 Aug 2024, 11:00:06 AM IST
Stock Market News Today Live Updates: Trent, Hindustan Unilever & others hit 52 week high today ; Do you own any?
- Following shares hit their 52 week high today – Trent, Hindustan Unilever, Coal India, Bajaj Auto, Interglobe Aviation
26 Aug 2024, 10:39:09 AM IST
Stock Markets Today Live Updates: Focus on sustainable earnings growth, avoid overpaying in market euphoria: PGIM India Mutual Fund cautions investors
- Indian markets rose today following US Fed Jerome Powell’s rate cut hint. PGIM India Mutual Fund noted overvaluation in lower market caps and recommended focusing on companies with sustainable earnings growth, cautioning against market euphoria.
26 Aug 2024, 10:15:53 AM IST
Commodity News Today Live Updates: Gold and silver prices today on 26-08-2024: Check latest rates in your city
- Gold and Silver Prices Today: 10 gm of 24 carat gold was at Rs.72781.0 in Delhi whereas 1 kg of silver was Rs.84780.0 in Delhi.
add a comment
