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

8:42 AM

Stock Market LIVE Updates: Stocks To Watch: IT stocks, Axis Bank, Bharat Forge, Zomato, CEAT, Tata cos

Stock Market LIVE Updates: Infosys has raised its sales forecast for FY25 to 3.75-4.5 per cent, reflecting a revival in demand, particularly in banking and financial services. READ MORE

 

 

8:41 AM

Stock Market LIVE Updates: Nandish Shah of HDFC Sec suggests 'Bear Spread' strategy on Bank Nifty

Stock Market LIVE Updates: Bear spread strategy on Bank Nifty 

Buy Bank Nifty (30-October Expiry) 51,000 Put at Rs 360 and simultaneously sell 50,500 Put at Rs 230. READ MORE

 

8:39 AM

Stock Market LIVE Updates: Nifty Metal, FMCG approaching key support levels; trading strategy here

Stock Market LIVE Updates: The Nifty Metal Index has been experiencing a downward trend in the near term, as indicated by the recent sharp correction. However, this pullback has brought the index close to critical support levels, making it an attractive buying opportunity for traders. The immediate support is around 9,575, and if the index closes below this level, it could open the doors for further downside targets of 9,450 and 9,275. Should the index fall below 9,300, it would enter an oversold zone, which could trigger a technical bounce, offering a potential upside for traders who buy near these support levels. READ MORE

 

8:38 AM

Stock Market LIVE Updates: Gold up Rs 10 at Rs 78,120; silver down to Rs 100; trading at Rs 96,900

Stock Market LIVE Updates: The price of 24-carat gold rose Rs 10 in early trade on Friday, with ten grams of the precious metal trading at Rs 78,120 according to the GoodReturns website. The price of silver also decreased Rs 100, with one kilogram of the precious metal selling at Rs 96,900.

The price of 22-carat gold also witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 71,610. READ MORE

 

8:36 AM

Stock Market LIVE Updates: Market Today: GIFT Nifty sinks, Q2 results, Sinwar killed, Gold tops $2,700

Stock Market LIVE Updates: Asia-Pacific markets were mixed on Friday as investors assessed key economic data from China and inflation figures from Japan. READ MORE

 

8:34 AM

Stock Market LIVE Updates: China economy grows 4.6%, above estimates

Stock Market LIVE Updates: China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts, a tumbling property sector remains a big challenge for Beijing as it tries to boost growth, according to Reuters.

The world's second-largest economy grew 4.6 per cent in July-September, official data showed, a touch above a 4.5 per cent forecast in a Reuters poll but below the 4.7 per cent pace in the second quarter.

 

8:28 AM

Stock Market LIVE Updates: Crude gains

Stock Market LIVE Updates: Crude oil futures inched higher on Friday, supported by a surprise drop in US oil inventories and simmering Middle East tensions.

Brent crude futures rose 16 cents, or 0.2 per cent, to $74.61 a barrel by 6 AM, while US West Texas Intermediate crude was at $70.84 a barrel, up 17 cents, or 0.2 per cent.

 

8:26 AM

Stock Market LIVE Updates: Asian markets mostly higher

Stock Market LIVE Updates: Asian stocks were trading mostly higher on Friday after a mixed reading on the health of China's economy, while Japanese markets were buoyed by a weaker yen.

In China, the CSI 300 was up 1.95 per cent, and the Shanghai Composite was ahead by 1.09 per cent. Hong Kong's Hang Seng Index was higher by 1.52 per cent.

Japan's Nikkei 225 was trading 0.4 per cent higher, and the broader Topix index was ahead by 0.4 per cent.

South Korea's blue-chip Kospi was down 0.3 per cent, while the small-cap Kosdaq was down over 1 per cent. 

 

8:17 AM

Stock Market LIVE Updates: Dow hits record; S&P 500, Nasdaq mixed

Stock Market LIVE Updates: The US markets put on a mixed show on Thursday, with the S&P 500 closing nominally lower and the Nasdaq ending the session slightly
higher.

The Dow Jones Industrial Average rose 161.35 points, or 0.37 per cent, to 43,239.05; the S&P 500 fell 1 point, or 0.02 per cent, to 5,841.47; and the Nasdaq Composite rose 6.53 points, or 0.04 per cent, to 18,373.61.

 

8:11 AM

Stock Market LIVE Updates: Good morning readers! Track the latest live market updates here