Stock Market

Sensex Today | Stock Market LIVE Updates: Sensex rises 50 points, Nifty above 21,460


11:41:15 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Tokyo stocks close lower ahead of BoJ decision

Tokyo stocks closed lower on Monday as investors wait to see what direction the Bank of Japan takes in an upcoming policy decision.The benchmark Nikkei 225 index slid 0.64 percent, or 211.57 points, to end at 32,758.98, while the broader Topix index fell 0.66 percent, or 15.42 points, to 2,316.86.

11:34:34 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: JM initiates buy on Mamaearth parent Honasa Consumer, lists 3 top triggers

Brokerage JM Financial has initiated coverage on Honasa Consumer for a DCF-based target price of Rs 515, estimating a 34% upside in the stock. The company which runs Mamaearth brand is expected to build upon its success in it while replicating its success in brands The Derma Co and Aqualogica, JM said in a note.

11:12:08 AM IST, 18 December 2023

Motisons Jewellers IPO fully subscribed within an hour of bidding, retail portion booked 3.6X

The Rs 151 crore initial public offer (IPO) of Jaipur-based jewellery retailer Motisons Jewellers sailed through within an hour on the first day of the bidding process on Monday amid demand from retail and NII category investors.

At 10.57 am, the public issue was subscribed 2.34 times. The retail category was subscribed 3.60 times, while the NII portion garnered 1.92 times bids. There were no bids from qualified institutional buyers so far.

11:12:08 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Sugar stocks jump up to 15% after Govt allows mills to divert sugar for ethanol

Sugar sector surged over 15% on Monday after media reports said that the government has decided to allow sugar mills to divert up to 1.7 million metric tons of sugar for ethanol production. The move comes on the back of curbs on diversion of sugar for ethanol production as part of efforts to ensure sufficient supplies in the local market.

11:03:47 AM IST, 18 December 2023

Stock Market LIVE Updates: NBCC(India) gets work order for Rs 29.7 crore

10:55:37 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Copper holds steady as macro uncertainty weighs against supply disruption

Copper prices were flat on Monday after clocking a weekly gain in the last session supported by supply headwinds, while investors cautioned against macro uncertainty.

10:44:52 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: JSW Group shares fall up to 4% amid rape charges against Chairman Sajjan Jindal

Shares of steel-to-power conglomerate JSW Group fell up to 4% in the early trade on Monday following allegations of rape against its the Chairman Sajjan Jindal. JSW Holdings was the top loser in the pack and its stock price plunged nearly 4% to the day’s low of Rs 4965.05 on the BSE. Meanwhile, JSW Steel, JSW Infrastructure and JSW Energy were down nearly 2%.

10:35:09 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Nirman Agri Genetics receives purchase order to supply agricultural seeds

10:23:23 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Droneacharya Aerial Innovations secures contract from Ministry Of Defense

10:13:26 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Suraj Estate Developers IPO kicked off for subscription on Monday.

10:10:43 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Jaipur-based jewellery retailer Motisons Jewellers launched its Rs 151 crore IPO on Monday.

10:07:26 AM IST, 18 December 2023

Stock Market LIVE Updates: Muthoot Microfin’s Rs 960-crore IPO opens. Should you subscribe to this issue?

The initial public offer (IPO) of Muthoot Microfin opened for subscription today and will be available for the public to bid till December 20. The company has bagged Rs 285 crore from 26 anchor investors ahead of the issue.

The IPO comprises a fresh issue of Rs 760 crore and an offer-for-sale (OFS) of Rs 200 crore. Under the OFS, promoters Thomas John Muthoot, George Muthoot, Preethi John Muthoot, Remmy Thomas, and investor Greater Pacific Capital will offload shares.

09:57:28 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Mazagon Dock Shipbuilders shares opened 4.6% higher after the company signed individual shipbuilding contracts with European client worth approximately $42 million.

09:51:37 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Rupee rises 6 paise to 82.97 against US dollar in early trade.

09:41:08 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Ambuja Cements to invest $723 million for green power production

09:32:55 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Zee down on seeking merger deadline extension from Sony’s India unit

09:25:31 AM IST, 18 December 2023

Stock Market LIVE Updates: Spacenet Enterprises announced a successful fundraise of Rs 99.55 crore.

This investment was led by VIKASA India EIF I Fund with Rs 50 crore at Rs 26 per share. This strategic infusion of capital positions Spacenet to elevate its stake in Billmart.com and to further invest in innovative entities like Pathfinders, an AI-based firm, and Neo Bank, an NBFC. “Today’s announcement is more than just a financial milestone,” said Prakash Dasigi, Executive Director of Spacenet. “It’s a testament to our commitment to innovation and our relentless pursuit of creating shareholder value. The launch of our Digital Global Trade Platform is just the beginning of our journey towards redefining international trade.”

09:20:45 AM IST, 18 December 2023

Morning View by Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Service

There are two significant factors driving the ongoing strong rally in the market. One, FIIs who have made a ‘u’ turn in their strategy have turned big buyers having invested around Rs 20000 crores, including bulk purchase, in the last 2 weeks. Second, the rally is being driven by segments like banking and IT which were under performers for quite some time. During the last 2 weeks while the Nifty is up by 6%, Bank Nifty is up by 7.4% and Nifty IT is up by around 11%.

Since there is huge delivery based buying in these segments, they have the potential to remain resilient. An important point from recent market experience is that in the tug of war between FIIs and DIIs, the latter have been trumping the former consistently by buying from them when they sell and selling to them the very same stocks which they sold, at much higher prices. Global and domestic factors, except valuations, are favourable for the market. It makes sense to remain invested, particularly in large caps. Some profit booking can be considered in mid and small caps where valuations are very high.

09:19:52 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: BEL, JM Financial among most active stocks in morning tarde

09:18:49 AM IST, 18 December 2023

Opening Bell: Sensex falls 300 points, Nifty below 21,500; ZEEL, SJVN tumble 4% each

09:13:34 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex down 40 points; Nifty below 21,435

08:16:46 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Asia shares slip into BOJ meeting, US inflation test

Asia stocks slipped on Monday in a subdued start to a week where Japan’s central bank might edge further away from its uber-easy policies, while a key reading on U.S. inflation is expected to underpin market pricing of interest rate cuts there.

07:58:38 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Yen cedes some ground ahead of critical BOJ test

The yen dipped slightly on Monday as the Bank of Japan (BOJ) kicked off its two-day monetary policy meeting, with traders nervously awaiting a decision on whether the dovish central bank could finally unwind its ultra-loose monetary settings.

07:57:52 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Gold listless as focus turns to US inflation report

Gold prices struggled for momentum in early Asian hours on Monday as investors looked forward to U.S. inflation data due later this week for more clarity on the Federal Reserve’s interest rate path after a dovish pivot last week.

07:30:39 AM IST, 18 December 2023

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

GIFT Nifty on the NSE IX traded lower by 65 points, or 0.30 per cent, at 21,485, signaling that Dalal Street was headed for negative start on Monday.

07:30:58 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Tech View: Nifty RSI hints at overbought zone

Nifty on Friday ended 274 points higher to new lifetime highs and formed a green candle on the daily and weekly charts.

07:31:05 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Rupee jumps 27 paise against US dollar amid stocks rally

The rupee jumped by 27 paise to close at 83.03 against the US dollar on Friday following unabated foreign fund inflows and a record-breaking rally in domestic stocks.

07:31:12 AM IST, 18 December 2023

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

Tokyo stocks opened lower on Monday as investors awaited fresh clues for trade, including the Bank of Japan’s policy decision later this week.The benchmark Nikkei 225 index was down 0.66 percent, or 217.46 points, at 32,753.09 in early trade, while the broader Topix index slipped 0.86 percent, or 20.06 points, to 2,312.22.

07:31:19 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: S&P 500 posts longest weekly winning streak since 2017; finishes flat on day

The S&P 500 ended a choppy session little changed on Friday but registered a seventh straight week of gains in its longest winning streak since 2017 after this week’s dovish pivot by the Federal Reserve.

07:31:14 AM IST, 18 December 2023

Sensex Today | Stock Market LIVE Updates: Oil climbs nearly 1% on drop in Russia exports, Red Sea jitters

Oil prices rose nearly 1% in early Asian trade on Monday, supported by lower exports from Russia and as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruption.

07:31:21 AM IST, 18 December 2023

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

The 30-share BSE benchmark Sensex advanced 970 points or 1.37% to settle at 71,484. The broader NSE Nifty surged 274 points or 1.29% to end at 21,456.



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