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Tuesday, December 24, 2024 | 01:46 AM ISTEN Hindi

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Stock Market Crash Highlights: Sensex tanks 821pts, Nifty ends below 23,900; Auto, bank shares dip

Stock Market Today: 46 out of the Nifty 50 stocks ended in the red, with Britannia, BEL, NTPC, Asian Paints, and HDFC Bank as the major losers on Tuesday

Image SI Reporter New Delhi
Market, BSE, NSE, NIfty, Stock Market, investment, Loss, Lost

The overall market breadth too was negative, with losers outnumberring winning stocks in the 2:1 ratio.

2:02 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty drag lower

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50, engaged in choppy trading, were trading lower on Tuesday. 

At 2 PM, the BSE Sensex was at 78,854, down 641.37 points, or 0.81 per cent, while the Nifty 50 was at 23,949, down 192 points, or 0.8 per cent.
 
1:45 PM

Stock Market LIVE Updates: Shree Cement hits 52-week low, down 4% on disappointing Q2 results

Stock Market LIVE Updates: Shares of Shree Cement hit a fresh 52-week low of Rs 23,500, falling 4 per cent on the BSE in Tuesday’s intra-day trade after reporting a disappointing set of numbers in the September quarter of financial year 2025 (Q2FY25).

The stock has fallen below its previous low of Rs 23,714.05 touched on June 4, 2024. READ MORE
 
1:31 PM

Stock Market LIVE Updates: Orient Technologies share price soars 15% to hit 52-week high on Q2 results

Stock Market LIVE Updates: Shares of IT-enabled services provider Orient Technologies soared 15.50 per cent to Rs 449.65 on the NSE during intra-day deals on Tuesday. The northward move in the company’s stock price follows its announcement of financial results for the second quarter of FY25.
 
Orient Technologies, on November 10, after market hours, announced that in the second quarter of FY25, the company’s total income stood at Rs 225.07 crore, up from Rs 149.31 crore in the previous quarter (Q1 FY25), reflecting a growth of 50.74 per cent. READ MORE
 
1:21 PM

Stock Market LIVE Updates: Uno Minda rises 6% after reporting Q2 results; PAT up 9%, revenue up 17%

Stock Market LIVE Updates: UNO Minda shares gained 5.8 per cent on Tuesday and registered an intraday high of Rs 975.7 per share on BSE. The buying interest in the stock came after the company reported Q2 results. 
 
Around 11:57 AM, Uno Minda shares were up 5.71 per cent at Rs 974.95 per share on BSE. In comparison, the BSE Sensex was flat at 79,496.96. READ MORE
 
 
 
1:14 PM

Stock Market LIVE Updates: Here's why LIC's shares rallied over 4% on Nov 12; check details here

Stock Market LIVE Updates: India’s largest life insurance company, Life Insurance Corporation (LIC) shares surged to an intraday high of Rs 194.20 per share, rallying 4.29 per cent on the BSE on Tuesday.

This came after the company received a double upgrade from US investment banking firm JP Morgan after reporting robust growth in quarterly earnings for the second quarter of financial year 2024-25 (Q2FY25). READ MORE
 
1:02 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty drag deeper into red

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50, engaged in choppy trading, were trading lower on Tuesday. 

At 1 PM, the BSE Sensex was at 79,050, down 445.88 points, or 0.56 per cent, while the Nifty 50 was at 24,006, down 134 points, or 0.56 per cent.
 
12:52 PM

Stock Market LIVE Updates: Inox India gains 4% on bagging LNG tanks & regasification order in Bahamas

Stock Market LIVE Updates: Inox India shares gained 4.3 per cent on Tuesday and registered an intraday high of Rs 1,241 per share on BSE. The stock advanced as the company bagged an order for the supply of 10 X 1500m3 Liquefied Natural Gas (LNG) storage tanks and a regasification system for a power plant project in the Bahamas.
 
Regasification in the context of LNG refers to the process of converting LNG, which has been transported and stored in its liquid state, back into its gaseous form so it can be distributed and used as natural gas. READ MORE
 
12:44 PM

Stock Market LIVE Updates: Key support for RIL stock stands at this level; here's why

Stock Market LIVE Updates: Reliance Industries (RIL) stock has plunged nearly 22 per cent from its record high of Rs 1,616.60 registered in July 2024. The current fall in the stock price has come amid a 1:1 bonus share issue by the company. The stock at Rs 1,285 levels now trades ex-bonus. READ MORE
 
 
12:39 PM

Stock Market LIVE Updates: HG Infra Engineering share price slips 8% as Q2 net profit plunges 16% YoY

Stock Market LIVE Updates: HG Infra Engineering (HG Infra) shares plunged up to 7.86 per cent to hit an intraday low of Rs 1,181 per share on Tuesday, November 12, 2024. 
 
The fall in the HG Infra share price came after the company reported weak numbers in the September quarter of financial year 2025 (Q2FY25). READ MORE
 
 
12:33 PM

Stock Market LIVE Updates: India leads global IPOs, raising $4.3 bn in Q3 2024: Tax impact decoded

Stock Market LIVE Updates: India has taken the lead in the global IPO landscape, with a 36% share of total listings in the third quarter of 2024, even surpassing the United States, which held a 13% share.
 
India recorded the highest quarterly listings in the third quarter over the past 20 years, according to a report by Ernst & Young India. The main market recorded 27 IPOs showing a 29% increase from Q3 2023, raising $4,285 million (Rs 36,027 crore), a  142% increase from the year-ago period. When compared to the last quarter, Q3 saw a 115% increase in funds raised and a 108% rise in the number of deals. READ MORE
 
 
12:27 PM

Stock Market LIVE Updates: EPL shares climb 7% after strong Q2FY25 show; net profit jumps 72% YoY

Stock Market LIVE Updates: EPL shares soared to an intraday high of Rs 270.25 per share on the BSE, rising 6.88 per cent on Tuesday after the company on Monday announced its second quarter earnings for the financial year 2024-25 (Q2FY25).
 
EPL, a packaging company, reported a 72 per cent year-on-year (Y-o-Y) jump in net profit to Rs 87 crore for Q2FY25, up from Rs 50.5 crore in the same quarter last year. READ MORE
 
12:16 PM

Stock Market LIVE Updates: Godrej Industries to buy Savannah Surfactants' additives biz for Rs 76 crore

Stock Market LIVE Updates: Godrej Industries today informed that it has signed a business transfer agreement to acquire Savannah Surfactants' food additives and emulsifier business, for a total consideration of Rs 76 crore. 

The company, in an exchange filing, said, "We wish to inform you that the Company has signed a Business Transfer Agreement with Savannah Surfactants Limited (Goa) with the intention to acquire their Food Additives and Emulsifier business. Please find enclosed herewith press release, the contents of which are selfexplanatory." 

The acquisition of Savannah's additives business, which is a leading player in oleochemicals, surfactants, specialties and biotech, will help Godrej expand its offerings to the food and beverages segment.

The company added that the Savannah's additives business, located in Goa, has a manufacturing capacity of 5,200 MTPA of finished products. 
 
12:04 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty pare gains, trade with losses

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50, engaged in choppy trading, were trading lower on Tuesday. 

At 12 PM, the BSE Sensex was at 79,477, down 18 points, or 0.02 per cent, while the Nifty 50 was at 24,129, down 11 points, or 0.05 per cent.
 
11:55 AM

Stock Market LIVE Updates: Swiggy IPO listing prediction: Analysts raise caution ahead of market debut

Stock Market LIVE Updates: Market analysts recommend a cautious approach for investors ahead of the listing of shares of food and grocery delivery firm Swiggy, scheduled for Wednesday, November 13, 2024, following the completion of its initial public offering (IPO). 
 
As Swiggy's listing approaches, investors are closely watching grey market trends. Sources tracking grey market activity reveal that Swiggy's unlisted shares were trading at a premium of only Re 1 against the IPO allotment price of Rs 390, translating to a grey market premium (GMP) of 0.26 per cent. READ MORE
 
11:49 AM

Stock Market LIVE Updates: Ramco Cements rallies 7%, hits 9-month high on hopes of healthy H2 outlook

Stock Market LIVE Updates: Shares of the Ramco Cements hit a nine-month high of Rs 927 as the scrip rallied 7 per cent on the BSE in Tuesday’s intra-day trade amid heavy volumes on expectation of earning improvement in second half of the financial year 2024-25 (H2FY25). 
Notably, the stock is trading at its highest level since February 2024. READ MORE
 

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First Published: Nov 12 2024 | 8:02 AM IST

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