Market Highlights: Sensex snaps 3-day losing run, gains 218 pts; Axis Bank up 5%, Infosys down 4%

Stock Market Close Highlights Today, Oct 18: The Nifty50, too, ended at 24,854.05, up 104.16 point. Axis Bank, ICICI Bank, HDFC Bank, and RIL led the rally market today

9:20 AM

Stock Market LIVE Updates: Index heatmap check

Stock Market LIVE Updates: Axis Bank is the top gainer on BSE.

9:17 AM

Stock Market LIVE Updates: Nifty opens above 24,650-mark

Stock Market LIVE Updates: Nifty opens above 24,650-mark

9:16 AM

Stock Market LIVE Updates: Sensex opens near 80,750

Stock Market LIVE Updates: Sensex opens near 80,750

9:09 AM

Stock Market LIVE Updates: Nifty slips over 80 points in pre-open

Stock Market LIVE Updates: Nifty slips over 80 points in pre-open

9:07 AM

Stock Market LIVE Updates: Sensex drops 260 pts in pre-open

Stock Market LIVE Updates: Sensex drops 260 pts in pre-open

8:58 AM

Stock Market LIVE Updates: India's trade with Africa may take a hit if Iran-Israel conflict widens

Stock Market LIVE Updates: A further escalation of the conflict between Iran and Israel will not only put India’s exports to West Asia at risk, but also impact trade with Africa. READ MORE

 

8:57 AM

Stock Market LIVE Updates: Direct tax-GDP ratio hits 24-year high of 6.64% in FY24, shows data

Stock Market LIVE Updates: The share of direct taxes in gross domestic product (GDP) rose to a 24-year high of 6.64 per cent during 2023-24 (FY24), while direct tax buoyancy improved to 2.12 compared to the preceding year, according to official data released on Thursday. READ MORE

 

8:57 AM

Stock Market LIVE Updates: Govt working on welfare and social security benefits for gig workers

Stock Market LIVE Updates: Union labour minister Mansukh Mandaviya on Thursday chaired a meeting with employee associations of gig and platform workers in a bid to provide millions of such workers with social security benefits like health insurance and pension. READ MORE

 

8:56 AM

Stock Market LIVE Updates: NFRA chairman Pandey stresses the need to adopt global audit standards

Stock Market LIVE Updates: India must adapt to local needs while meeting global requirements to strengthen its position as a global powerhouse, National Financial Reporting Authority (NFRA) Chairman Ajay Bhushan Pandey said on Thursday. READ MORE

 

8:55 AM

Stock Market LIVE Updates: Customer connect can help avert MUDRA loan crisis, says SBI Dy MD

Stock Market LIVE Updates: MUDRA loans don’t pose a threat to banks’ balance sheets and the lenders are well prepared to take steps to deal with the impact of NPAs, a senior State Bank of India (SBI) official said on Thursday.

 

Ruma Dey, Deputy Managing Director & Group Compliance Officer, SBI also asked bank officials to strike a chord with customers at the ground level, which will help them check non-performing assets (NPA). READ MORE

 

8:47 AM

Stock Market LIVE Updates: Bank deposit growth moderates to 11.8% in early October: RBI data

Stock Market LIVE Updates: The pace of bank deposit mobilisation slowed down to 11.79 per cent year-on-year (Y-o-Y) as of October 4, 2024, from 13.6 per cent a year ago, according to Reserve Bank of India (RBI) data. READ MORE

 

8:45 AM

Stock Market LIVE Updates: 9,000 WazirX users wrongly receive moratorium support confirmation

Stock Market LIVE Updates: Hack-hit crypto exchange WazirX sent out incorrect confirmation emails to around 9,000 users who had not extended their support for a moratorium of the company, adding to confusion among customers of the platform. READ MORE

 

8:44 AM

Stock Market LIVE Updates: Exchanges to hold special trading session for holdcos on October 28

Stock Market LIVE Updates: Stock exchanges will conduct a special call auction for select investment holding companies (holdcos) on October 28 following the new framework introduced by the Securities and Exchange Board of India (Sebi) for price discovery.

 

 Sebi had in June issued the new framework along with specified conditions for holdcos to be eligible for the special window. READ MORE

 

8:43 AM

Stock Market LIVE Updates: Heavy buying: Record FPI outflows cross $8.5 bn this month, shows data

Stock Market LIVE Updates: This month is proving to be the worst-ever month in terms of outflows from foreign portfolio investors (FPIs). Overseas funds have pulled out $8.5 billion (Rs 71,441 crore) from domestic stocks, triggering a 4 per cent fall in the Nifty 50 index. During the peak of Covid-19 selloff in March 2020, FPI outflo­ws had stood at $7.9 billion (Rs 58,632 crore).

 

The blow from overseas selling has been cushion­ed by strong inflows from domestic institutional invest­ors (DIIs), mainly mutual funds (MFs). DIIs inflow this month largely match the selling by FPIs.  READ MORE

 

8:42 AM

Stock Market LIVE Updates: Hyundai Motor India IPO allotment: Check status; GMP shows weak listing

Stock Market LIVE Updates: The basis of allotment for Hyundai Motor India IPO shares is scheduled for today, Friday, October 18, 2024. The three-day subscription window to bid for the Hyundai Motor India IPO closed yesterday, receiving a decent participation from investors.

 

The public issue of Hyundai Motor India, which was available at a price band of Rs 1865-1960 with a lot size of 7 shares, received bids for 23,63,27,903 shares against 9,97,69,810 shares offered, thus getting oversubscribed 2.37 times by the last date of subscription. READ MORE