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

11:45 AM

Stock Market LIVE Updates: Daniel Morris of BNP Paribas on market fundamentals

Stock Market LIVE Updates: Daniel Morris of BNP Paribas, says we need to wait before Trump appoints his cabinet and takes charge before baking in tariffs in forecasts. 

11:43 AM

Stock Market LIVE Updates: Daniel Morris of BNP Paribas on market fundamentals

Stock Market LIVE Updates: Daniel Morris of BNP Paribas, says there's concern over valuation, but performance over the past couple of years has been quite good.

Underlying earnings have gone up; expectations for next year are positive. But whether they (earnings) have gone up as much as prices has, and hence the increase in valuations.

Investors would like to see lower valuations. That can come about in two ways: a sell off or correction, or an acceleration in earnings; that would also bring down the PE.
 

11:38 AM

Stock Market LIVE Updates: Daniel Morris of BNP Paribas on market fundamentals

Stock Market LIVE Updates: Daniel Morris, BNP Paribas, says equities around the world did quite well during first Trump presidency.

US equities overweight and positive on gold. 

 

11:34 AM

Stock Market LIVE Updates: Triveni Turbine share price jumps 12% on posting 42% rise in Q2 profit YoY

Stock Market LIVE Updates: Triveni Turbine shares zoomed 11.8 per cent on Tuesday and registered an intraday high of Rs 699.95 per share on BSE. The stock gained after the company posted good Q2FY25 results.

Around 10:51 AM, Triveni Turbine shares were up 8.54 per cent at Rs 679.5 per share on BSE. In comparison, the BSE Sensex was down 0.09 per cent at 79,424. READ MORE

 

11:26 AM

Stock Market LIVE Updates: Blue Dart share price tanks 10% on weak Q2 show; profit slides 14% YoY

Stock Market LIVE Updates: Blue Dart Express (Blue Dart) shares plunged up to 9.87 per cent to hit an intraday low of Rs 7130 per share on Tuesday, November 12, 2024. 

The fall in the Blue Dart share price came after the company reported a weak set of September quarter results (Q2FY25). READ MORE

 

11:18 AM

Stock Market LIVE Updates: RIL to invest Rs 65,000 crore in Andhra Pradesh for clean energy project

Stock Market LIVE Updates: Reliance Industries Ltd (RIL) is set to make its largest investment outside Gujarat, committing Rs 65,000 crore to establish 500 compressed biogas plants in Andhra Pradesh over the next five years. This initiative is part of RIL’s clean energy programme, according to a report by The Economic Times.

 

The compressed biogas plants, requiring an investment of Rs 130 crore each, will be developed on wastelands across the state. READ MORE

 

 

 

11:16 AM

Stock Market LIVE Updates: Bhartia family, Goldman Sachs in talks for 40% stake in Coca-Cola Beverages

Stock Market LIVE Updates: The Bhartia family, led by Shyam and Hari Bhartia of the Jubilant Group, is in advanced discussions with Goldman Sachs to co-invest in a 40 per cent stake in Hindustan Coca-Cola Beverages (HCCB).

This acquisition would secure a significant share in Coca-Cola’s wholly-owned bottling operation in India, the company’s fifth-largest global market, according to a report by The Economic Times. READ MORE

 

11:14 AM

Stock Market LIVE Updates: Market crash:11 of 17 Nifty sector indices in correction mode auto, PSU hit

Stock Market LIVE Updates: 11 out of 17 frontline Nifty sector indices are in ‘correction’ mode with energy, auto and central public sector enterprises (CPSE), consumption, fast moving consumer goods (FMCG) indexes suffering the most in the recent market fall, suggests data.

 

An index or a stock is said to be in a ‘correction’ phase when it has dipped over 10 per cent and up to 20 per cent from its recent peak level. A fall of 20 per cent or more is termed as a ‘bear’ phase for the index or a stock. READ MORE

 

11:10 AM

Stock Market LIVE Updates: Why Domino's operator Jubilant FoodWorks rose 8% despite 32% fall in Q2 PAT

Stock Market LIVE Updates: Jubilant FoodWorks shares jumped 8.1 per cent in trade on Tuesday and registered an intraday high of Rs 650.95 per share on BSE. 

However, around 9:58 AM, Jubilant FoodWorks shares shed some gains and were up 7.15 per cent at Rs 644.9 per share on BSE.

In comparison, the BSE Sensex was down 0.01 per cent at 79,491.86. The market capitalisation of the company stood at Rs 42,124.52 crore. The 52-week high of the stock was at Rs 715.15 per share on BSE and 52-week low of the stock was at Rs 420.85 per share. READ MORE

 

11:02 AM

Stock Market LIVE Updates: 11 AM market update - Sensex, Nifty pare gains, trade in green

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

At 11 AM, the BSE Sensex was at 79,516, up 20 points, or 0.03 per cent, while the Nifty 50 was at 24,148, up 7.05 points, or 0.03 per cent.

 

10:50 AM

Stock Market LIVE Updates: ONGC share price up after Q2 profit jumps 17% YoY; Rs 6 dividend announced

Stock Market LIVE Updates: Oil and Natural Gas Company (ONGC) share price rose up to 2.29 per cent to hit an intraday high of Rs 262.80 per share on Tuesday, November 12, 2024. 

 

The rise in ONGC share price came after the company’s profit rose 17.1 per cent annually to Rs 11,984 crore in the September quarter of financial year 2025 (Q2FY25), as against Rs 10,238 crore in the September quarter of financial year 2024 (Q2FY24). READ MORE

 

10:41 AM

Stock Market LIVE Updates: Hindalco Ind shares climb after reporting 123% jump in Q2FY25 net profits

Stock Market LIVE Updates: Shares of Hindalco Industries surged up to 2.77 per cent to hit an intraday high of Rs 673.50 per share on the BSE after the company on Monday announced its second quarter earnings for the financial year 2024-25 (Q2FY25). 

 

Hindalco Industries, the metal flagship of the Aditya Birla Group, reported a 123.3 per cent year-on-year (Y-o-Y) jump in net profit to Rs 1,891 crore for Q2FY25, up from Rs 847 crore in the same quarter last year. READ MORE

 

10:31 AM

Stock Market LIVE Updates: Britannia dips 4% as Q2 PAT falls 10%; Analysts await con call for outlook

Stock Market LIVE Updates: Britannia Industries shares slipped 3.7 per cent in trade on Tuesday, November 12, 2024, and registered an intraday low of Rs 5,220 per share on BSE. The biscuit maker's shares declined after reporting a fall of 9.6 per cent in profit after tax (PAT) for Q2FY25 to Rs 531 crore as compared to Rs 588 crore a year earlier.

 

Brokerages have mixed views on Britannia's Q2 numbers. While some have maintained their target price, others await the earnings con call for outlook. READ MORE

 

10:23 AM

Stock Market LIVE Updates: RVNL share price up 3% on emerging lowest bidder for project of Rs 295 cr

Stock Market LIVE Updates: Rail Vikas Nigam Limited (RVNL) shares soared up to 3.13 per cent to hit an intraday high of Rs 450.25 per share on Tuesday, November 12, 2024. 

 

RVNL share price rose after the company announced that it has emerged as the lowest bidder for a project of Rs 294.9 crore from South Central Railway. READ MORE

 

10:14 AM

Stock Market LIVE Updates: L&T Tech shares gain over 4% after acquiring Silicon Valley's Intelliswift

Stock Market LIVE Updates: Shares of L&T Technology Services surged up to 4.25 per cent to hit an intraday high of Rs 5,324.65 per share on the BSE after the company on Monday announced an acquisition of Silicon Valley-based company Intelliswift for $110 million.

 

LTTS stated that its wholly owned subsidiary L&T Technology Services LLC, will acquire 100 per cent of the equity share capital of the US based Intelliswift Software Inc and Indian based Intelliswift Software (India). The proposed acquisition is expected to be completed on or before 28 February 2025, LTTS said. READ MORE