Stock Market

Sensex Today | Stock Market LIVE Updates: Sensex erases early losses, jumps 700 points; Nifty near 21,600; pharma, realty top sectoral gainers


12:38:56 PM IST, 31 January 2024

12:17:47 PM IST, 31 January 2024

SENSEX SURGES 700 PTS: Top BSE500 stocks that hit 52-week high today

12:15:56 PM IST, 31 January 2024

Japan’s Nikkei shakes off chip blues to post best January since 1998

Japan’s Nikkei share average notched its best January in 26 years after shaking off early chip-led declines on Wednesday.

The Nikkei recovered from losses as steep as 1% in early trading to end the day up 0.61% at 36,286.71, extending its gains for the month to 7.77%, its best start to the year since an almost 9% jump in January 1998.

12:09:40 PM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: UCO Bank top gainer in the banking space

11:46:16 AM IST, 31 January 2024

Stock Market LIVE Updates | The Sri Lankan government said on Wednesday it has pre-qualified Jio Platforms, a unit of India’s Reliance Industries Ltd, and Gortune International Investment Holding to bid for stakes in Sri Lanka Telecom.

11:33:51 AM IST, 31 January 2024

Stock Market LIVE Updates | Cochin Shipyard shares surged nearly 8% to hit a 52-week high at Rs 944.6 in Wednesday’s trade on BSE after the firm reported a net profit of Rs 244.4 crore for the third quarter of FY24. In the corresponding quarter last year, the company posted a net loss of Rs 110.4 crore.

11:26:55 AM IST, 31 January 2024

Stock Market LIVE Updates | The first-ever profit posted by insurance aggregator PB Fintech catapulted the stock to its fresh 52-week high of Rs 1,039.90 on the NSE on Wednesday as the stock jumped over 14% in the opening trade.

11:16:12 AM IST, 31 January 2024

Sensex climbs 500 points: Bank heavyweights, RIL top contributors

11:09:29 AM IST, 31 January 2024

Sensex LIVE Updates: Sensex climbs 500 points

11:07:56 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: MICL Group reports Rs. 333 Crore of sales in its Uber-Luxurious project situated in Ghatkopar East – Aaradhya OnePark

10:56:06 AM IST, 31 January 2024

India bond yields dip as sentiment positive in run up to budget

Indian government bond yields ended lower on Tuesday, tracking their U.S. peers, while broader market sentiment stayed positive in the run up to the nation’s federal budget on Thursday.

India’s benchmark 10-year yield ended at 7.1570%, following its previous close at 7.1735%.

10:46:08 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Nova Agritech shares list at 37% premium over IPO price

The shares of Nova Agritech listed on the exchanges on Wednesday with a premium of 36.6%. The stock debuted at Rs 56 on BSE as against an issue price of Rs 41. Meanwhile, the stock opened at Rs 55, up 34% on NSE.

Ahead of the debut, the company’s shares fetched a premium of Rs 23 in the unlisted market.

10:46:15 AM IST, 31 January 2024

BROKERAGE TAKE | Jefferies on ITC: Buy| Target Rs 520

Jefferies maintained a buy rating on ITC with a target price of Rs 520. The ‘Interim’ Budget is likely to be a non-event.

ITC appears reasonable on valuation, and the stock may stay range-bound until the final budget.

ITC stock also faces an overhang from potential stake sales by BAT.

10:26:17 AM IST, 31 January 2024

Budget expectations | BK Bajaj, CEO, Informerics Ratings and Valuation

The Budget 2024, despite being a ‘Vote on Account’, has aroused high expectations because India has emerged as a global growth driver and the widespread belief that the policy initiated by this government are likely to return to power.

Despite the constraints of a Vote on Account, we expect that Government will continue with thrust on fiscal consolidation, easements of business and taxation laws, infrastructure, MSMEs, and financial inclusion. The Government could also focus on expanded PLI (production-linked incentive) scheme, to give a fillip to the manufacturing sector rural welfare with an accent on the farmer income transfer, housing for all.

Policy changes aimed at encouraging innovation and streamlining regulatory frameworks would provide a fillip to the BFSI sector.

We expect a clear message that the process of reforms initiated in various sectors is here to stay and gain momentum. But while influencing the process and pattern of economic growth and structural transformation, there could be a sharper focus on the needs of the people at the bottom of pyramid.

10:16:16 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Nazara Technologies’s subsidary Nodwin Gaming invests Eur 8 million in Germany based Freaks 4U Gaming

10:12:11 AM IST, 31 January 2024

Stock Market LIVE Updates | Sensex recovers from early losses, trades 250 points higher

10:06:27 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Most stocks trade higher ahead of Q3 earnings

09:39:14 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: India has reduced the import duty for components used in the manufacture of mobile phones to 10% from 15%, showed a government notification dated Tuesday.

09:38:37 AM IST, 31 January 2024

The Fed decision tonight and the interim Budget tomorrow will weigh on markets in the near-term. Global markets will be keenly watching the Fed comment on the timeline and quantum of rate cuts. The first rate cut is likely to come in June 2024. The decline in the 10-year yield to 4.02% is positive since it will restrain FPI outflows. The domestic market will be focused on the interim Budget particularly on any proposals regarding taxation of investments relating to the capital market. The fiscal deficit and its glide path also is important since growth with stability is hugely important from the market perspective. Stock specific movements are likely in response to sectoral allocations in the Budget.

– Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

09:34:40 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Shares of India’s Larsen and Toubro fall as much as 5.4% on Wednesday, a day after it missed third-quarter profit estimates as government spending on infrastructure tapered ahead of a national election.

09:22:11 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Ashok Leyland’s 32.9 lakh shares change hands

09:20:42 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: HCLTech, NBCC among most active stocks in morning trade

09:19:24 AM IST, 31 January 2024

Opening Bell: Sensex falls over 200 pts, Nifty below 21,500; PB Fintech climbs 6%, L&T slides 5%

09:09:06 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex dips 50 points; Nifty below 21,490

09:02:43 AM IST, 31 January 2024

Stock Market LIVE Updates: What to expect from Fed rate outcome later tonight?

With inflation showing signs of slowing down and the economy remaining relatively strong, we believe the Fed will keep the fed funds rate unchanged. Since the Fed pivot signal early December, rates actually have firmed up on account of strong incoming data and hawkish comments from Fed Governors which have led to realignment of expectation on rate cuts. It would be important to see whether Fed maintains its dovish stance or surprises the market with a hawkish tone.- Vaibhav Shah, Fund Manager, Torus ORO PMS

08:53:47 AM IST, 31 January 2024

The 50 indices witnessed a gap-up opening to mark a consecutive higher high amidst the pullback rally. However, it succumbed to selling pressure immediately, facing rejection again from the polarity zone near 21780 and traded with a negative bias after failing to sustain above its 20DMA. It pared 290 points from the day’s high following a sharp sell-off in the closing hour on above-average volume. The VIX spiked 2.7% ahead of the budget day. The index has immediate support near 21450; failing to hold this level on a closing basis will invite further selling pressure.

– Avdhut Bagkar Technical and Derivatives Analyst, StoxBox

08:24:26 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Gold prices set for monthly drop; spotlight on Fed meet

Gold prices were on track for their first monthly decline in four as investors toned down their estimate of rapid and deeper rate cuts in the U.S. on the face of a resilient economy, and awaited remarks from the Federal Reserve due later in the day.

08:23:59 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Asian stocks head for monthly loss as China drags

Asian shares fell broadly on Wednesday, while the Australian dollar slid after surprisingly soft domestic inflation data and short-dated Treasury yields stayed elevated ahead of a rate decision from the Federal Reserve.

07:58:06 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Dollar eyes monthly gain as markets look to Fed

The dollar headed for its biggest monthly gain since September and the yen for its sharpest drop in nearly a year on Wednesday, as traders waited on a U.S. rates decision to round out January.

07:57:47 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Oil ticks down in Asian trade despite rising Middle East tensions

Oil prices edged off in early Asian trading on Wednesday on continued bearish fundamentals, following gains in the previous session amid an escalating conflict in the Middle East.

07:25:07 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Tokyo shares open lower

Tokyo stocks opened lower on Wednesday following tech losses on Wall Street, with investors awaiting interest rate signals from the US Federal Reserve.

07:25:14 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Quarterly earnings today

Sun Pharma, Maruti Suzuki, Ambuja, Dabur and Shree Cement a slew of other companies will announce their third quarter results today.

07:25:21 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a muted start

GIFT Nifty on the NSE IX traded lower by 10 points, or 0.05 per cent, at 21,619, signaling that Dalal Street was headed for muted start on Wednesday.

07:25:28 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Tech View: Dark clouds appear on Nifty charts

Nifty ended 215.5 points lower to form a bearish dark cloud cover candle on the daily chart ahead of the two-day Fed meeting which begins tonight and Thursday’s Interim Budget session.

07:25:36 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Rupee settles 6 paise higher at 83.10 against US dollar

The rupee appreciated 6 paise to settle at 83.10 against the US dollar on Tuesday, following a weak greenback against major currencies overseas amid a muted trend in domestic equities.

07:25:41 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Nasdaq ends lower ahead of big tech earnings, focus on Fed

The tech-heavy Nasdaq lost ground on Tuesday as the market awaited a spate of high profile corporate earnings and the Federal Reserve convened for its monetary policy meeting.

07:25:38 AM IST, 31 January 2024

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Tuesday

The 30-share BSE benchmark Sensex plunged 802 points or 1.11% to settle at 71,140. The broader NSE Nifty declined 215 points or 0.99% to end at 21,522.



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