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Market Close Highlights, Oct 17: Sensex sheds 495 pts, Nifty ends below 24,750; Auto drags, IT leads

Stock Market Today: Notably, Bajaj Auto settled down by as much as 13.11 per cent, while the Nifty Auto index plunged 3.54 per cent on Thursday

Image SI Reporter New Delhi
Stock Market, BSE, NSE, Nifty, Capital, Market

Among the sectoral indices, the Nifty IT index bucked the trend, ending 1.19 per cent higher.

9:19 AM

Stock Market LIVE Updates: Index heatmap check

Stock Market LIVE Updates:  L&T, Infosys among top gainers on BSE.


9:17 AM

Stock Market LIVE Updates: Sensex opens above 81,750

Stock Market LIVE Updates: Sensex opens above 81,750
9:16 AM

Stock Market LIVE Updates: Nifty opens above 25,000-mark

Stock Market LIVE Updates: Nifty opens above 25,000-mark

9:09 AM

Stock Market LIVE Updates: Nifty above 25,000-mark

Stock Market LIVE Updates: Nifty above 25,000-mark
9:08 AM

Stock Market LIVE Updates: Sensex up 260 points in pre-open

Stock Market LIVE Updates: Sensex up 260 points in pre-open.
 
8:54 AM

Stock Market LIVE Updates: India vs China: How leading brokerages are positioned across Asian equities

Stock Market LIVE Updates: The recent stimulus measures by China have seen most analysts sit up and take notice. Within the Asian region, brokerages have started tweaking their investment strategy, tactically favouring China over India.
 
Indian equity markets, they said, are expensive relative to China, which offers a better risk-reward ratio and return potential in the short-to-medium term. READ MORE
 
8:51 AM

Stock Market LIVE Updates: Gold up Rs 10 at Rs 77,900; silver rises Rs 100, trading at 97,100/kg

Stock Market LIVE Updates: The price of 24-carat gold rose Rs 10 in early trade on Thursday, with ten grams of the precious metal trading at Rs 77,900 according to the GoodReturns website. The price of silver also increased Rs 100, with one kilogram of the precious metal selling at Rs 97,100. READ MORE
 
8:50 AM

Stock Market LIVE Updates: Dividend, stock-split: TCS, Anand Rathi Wealth, 5 others in focus today

Stock Market LIVE Updates: Tata Consultancy Services, Anand Rathi Wealth, Humming Bird Education, HEG, IGC Industries, Sacheta Metals, and Thinkink Picturez will be in focus during today’s trading session as their shares will trade ex-date tomorrow for various corporate actions, including dividends, stock splits, and rights issues.
 
According to data available on the exchanges, shares of Tata Consultancy Services and Anand Rathi Wealth will trade ex-date tomorrow, as both companies have announced interim dividends of Rs 10 per share and Rs 7 per share, respectively. READ MORE
 
8:48 AM

Stock Market LIVE Updates: States convey support for compensation cess merger with 28% GST slab

Stock Market LIVE Updates: State governments have conveyed to the Centre their support for the merger of the compensation cess with the highest goods and services tax (GST) slab of 28 per cent after March 2026, when the existing regime expires.

In the first meeting of the Group of Ministers (GoM) on GST compensation, led by Union Minister of State for Finance Pankaj Chaudhary, on Wednesday, states advocated that during the transition period towards the cess merger, no additional goods should be added to the existing lists of luxury, sin, and demerit goods. READ MORE
 
8:47 AM

Stock Market LIVE Updates: Sebi issues show-cause notice to NSDL over non-compliance related matters

Stock Market LIVE Updates: The Securities and Exchange Board of India (Sebi) on Wednesday said it had introduced a new system under which foreign portfolio investors (FPIs) get sale proceeds faster. Earlier, many had reported delays in access beyond the standard T+1 settlement date due to the previous process adopted for obtaining tax clearance on their net sale proceeds for compliance with the regulations. READ MORE
 
8:46 AM

Stock Market LIVE Updates: Sebi introduces liquidity window facility for investors in debt securities

Stock Market LIVE Updates: Sebi on Wednesday introduced a liquidity window facility for investors in the debt securities through a stock exchange mechanism.

The liquidity window facility allows investors holding listed debt securities to sell them back to the issuer using a put option on specific dates, ensuring liquidity. READ MORE
 
8:45 AM

Stock Market LIVE Updates: Auto major Hyundai Motor India's IPO subscribed 42% a day before close

Stock Market LIVE Updates: Auto major Hyundai Motor India’s (HMIL) mega IPO was 42 per cent subscribed on Wednesday, a day before its close.

The offering has so far received bids for 41.74 million shares — worth Rs 8,180 crore — as against 99.77 million on offer. The company will need bids worth Rs 11,375 crore on the final day. The qualified institutional buyers (QIBs) portion of the IPO is subscribed 58 per cent, high net worth individual segment 26 per cent and retail investor portion 38 per cent. READ MORE
 
 
8:44 AM

Stock Market LIVE Updates: MF licence aspirant list swells with new wave of AMCs ready to roll

Stock Market LIVE Updates: India’s thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences. READ MORE
 
8:42 AM

Stock Market LIVE Updates: Sebi decides to make sales proceeds available to FPIs on settlement day

Stock Market LIVE Updates: To boost operational efficiency and respond to concerns raised by Foreign Portfolio Investors (FPIs), Sebi on Wednesday said it has introduced measures to speed up the availability of sale proceeds for such investors, bringing them on par with domestic institutional investors.

It is broadly estimated that efficiency gains on account of this measure would be around Rs 2,000 crore per annum. READ MORE
 
8:41 AM

Stock Market LIVE Updates: Consumer firms see demand uptick but await Diwali sales for full picture

Stock Market LIVE Updates: With just a fortnight to go for Diwali, the countdown has begun for the biggest shopping season in the country. But the mood is still not quite upbeat.  
 
“I am cautiously optimistic on how Diwali demand pans out,’’ said Mayank Shah, vice president at Parle Products. Typically, shopping picks up momentum two to three days before Diwali, according to Shah. “It is too early to say anything at this point.’’ READ MORE
 
 

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First Published: Oct 17 2024 | 8:04 AM IST

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