Stock Market Highlights: Sensex ends flat at 78,472, Nifty at 23,750; Auto, pharma shares shine

Markets Today Highlights: 31 out of the 50 constituent stocks of the Nifty50 ended in the green, led by Adani Ports, Shriram Finance, Mahindra & Mahindra, Maruti Suzuki India, and SBI Life Insurance

1:02 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty muted in trade

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty50 are trading on a muted note on Thursday, in the absence of any major domestic or international triggers.

At 1 PM, the BSE Sensex was marginally ahead by 4.63 points, or 0.01 per cent, at 78,477.50, and the Nifty50 was at 23,744, higher by 16.40 points, or 0.07 per cent.

 

12:57 PM

Stock Market LIVE Updates: Western Carriers up 4% after securing Rs 8-cr order from Tata International

Stock Market LIVE Updates: Western Carriers shares advanced 3.7 per cent in Thursday's trade, logging an intraday high at Rs 114.8 per share on BSE. The buying in the stock came after the company bagged a work order from Tata International.

 

Around 10:56 AM, Western Carriers shares were up 2.08 per cent at Rs 112.9 per share on BSE. In comparison, the BSE Sensex was up 0.02 per cent at 78,453.83. READ MORE

 

12:49 PM

Stock Market LIVE Updates: Share India Securities gain 5% on planning to invest Rs 59.5 crore in MSE

Stock Market LIVE Updates: Share India Securities shares gained 5 per cent in Thursday's trade, logging an intraday high at Rs 325 per share on BSE. The stock advanced after the company revealed plans to invest Rs 59.50 crore in the Metropolitan Stock Exchange of India Limited (MSE).

Around 10:26 AM, Share India share price was up 1.7 per cent at Rs 314.55 per share on BSE. In comparison, the BSE Sensex was up 0.05 per cent at 78,508.82. READ MORE

 

12:39 PM

Stock Market LIVE Updates: Here's why IRFC share price was buzzing in trade on December 26; details

Stock Market LIVE Updates: The State-owned railway company IRFC share price was in demand on Thursday, December 26, 2024 amid heavy volumes. 

By 10:27 AM, approximately 1.29 million shares of IRFC worth about Rs 87.1 crore changed hands on the NSE and BSE.
 

That said, the IRFC share price dropped as much as 1.55 per cent to hit an intraday low of Rs 145.60 per share from previous close of Rs 147.90. READ MORE

 

12:28 PM

Stock Market LIVE Updates: Carraro India IPO allotment - Check status, GMP, expected listing price

Stock Market LIVE Updates: The basis of allotment for Carraro India’s Rs 1,250-crore-crore initial public offering (IPO) is likely to be finalised today, December 26, 2024. The IPO, which closed for subscription on December 24, witnessed decent investor demand, with an oversubscription of 1.12 times, according to data from the BSE. The public offering was available at a price band of Rs 668-704, with a minimum lot size of 21 shares.

During the subscription period, Carraro India’s offering received bids for 1,46,18,814 shares against the 1,30,98,803 shares available, data from the BSE revealed. READ MORE

 

12:19 PM

Stock Market LIVE Updates: Ramky Infra share price jumps 5% after securing order worth Rs 215 cr

Stock Market LIVE Updates: Shares of Ramky Infrastructure surged up to 4.74 per cent at Rs 634.20 a piece on the BSE in Thursday’s intraday trade. Ramky Infrastructure share price gained after the company received a letter of acceptance for a Rs 215.08 crore project from Hyderabad Metropolitan Water Supply & Sewerage Board. 

 

“We are pleased to inform that the company has received "Letter of Acceptance" from Hyderabad Meh'opolitan Wa ter Supply and Sewerage Board (HMWSSB) for Manning, Operation and Maintenance of STPs' and its connecting Interception and Diversion under HMWSSB jurisdiction for a period of five years,” the company said in a statement. READ MORE

 

12:10 PM

Stock Market LIVE Updates: Mukul Agrawal portfolio stock surges 25% in 3 days; up 43% so far in Dec

Stock Market LIVE Updates: Shares of Intellect Design Arena, a global leader in enterprise-grade financial technology services, hit a multi-month high of Rs 1,022, as they rallied 12 per cent on the BSE in Thursday’s intra-day trade, extending its previous day’s upward movement. In the past three trading days, the stock price of this computer software and consulting company has surged 25 per cent. It had hit a record high of Rs 1,198.80 on March 15, 2024.

 

On clarification on volume movement of the company’s shares, Intellect said that there has been no event, information decision that has hav a bearing on the company's operations/ performance, including all price sensitive information that requires disclosure under the Listing Regulations. READ MORE

 

12:01 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty subdued in trade

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty50 are trading with a slight positive bias on Thursday, in the absence of any major domestic or international triggers.

At 12 PM, the BSE Sensex was higher by 95.21 points, or 0.12 per cent, at 78,568, and the Nifty50 was at 23,766.40, hhigher by 38.75 points, or 0.16 per cent.

 

11:57 AM

Stock Market LIVE Updates: Airtel outage: Users report disruptions in mobile, broadband services

Stock Market LIVE Updates: Airtel customers across India are facing a service disruption. Many users turned to social media on Thursday (December 26) to highlight issues with both mobile and broadband connectivity provided by the telecom company. 

11:51 AM

Stock Market LIVE Updates: IndiGo exploring option to advance the induction of wide body planes

Stock Market LIVE Updates: IndiGo on Wednesday said it was exploring an earlier introduction of wide-body planes in its fleet to meet the growing travel demand for international travel.

 

Industry sources said the airline was in talks with Norse Atlantic Airways to wet-lease six B787 planes in its fleet. Under a wet-lease, the lessor provides flight and maintenance crew along with the aircraft. In a dry-lease, the lessor provides just the plane. READ MORE

 

11:44 AM

Stock Market LIVE Updates: Archies ties up with Al Hasnae Gifts to expand in UAE, Saudi Arabia, Oman & Bahrain

Stock Market LIVE Updates: Archies today informed that it has entered into a partnership with Al Hasnae Gifts to expand into the GCC market. 

The company, in an exchange filing, said, "This collaboration signifies a pivotal moment for Archies as it launches operations in the UAE and plans further expansions into Oman, Saudi Arabia, and Bahrain, establishing a robust presence across the Middle East".

The company added that its partnership with Al Hasnae Gifts, a renowned name in the GCC gifting industry, has facilitated Archies' seamless integration into established retail networks, including Carrefour (MAF Retail), ADCOOP outlets in Abu Dhabi and Al Ain, and Union Co-op locations across Dubai.

 

11:35 AM

Stock Market LIVE Updates: EPACK Durable hits 5% upper circuit in trade; here's why stock is in demand

Stock Market LIVE Updates: EPACK Durable shares clocked a 5 per cent upper circuit at Rs 502.3 per share on BSE in Thursday's trade. The buying sparked after the company clarified through a filing that it is in preliminary discussions with China's top TV company to buy stakes in EPACK Durable's subsidiary.

 

Around 10 AM,EPACK Durable Limited share pricewas up 4.10 per cent at Rs 498 per share on BSE. In comparison, the BSE Sensex was up 0.29 per cent at 78,698.2. READ MORE

 

 

11:24 AM

Stock Market LIVE Updates: Welspun Corp share gains as unit bags order of Rs 130 crore for steel pipes

Stock Market LIVE Updates: Building material company Welspun Corp share price rose up to 2.24 per cent to hit an intraday high of Rs 805.50 per share on Thursday, December 26, 2024. 

 

However, at 10:00 AM, the Welspun Corp share was off highs and was trading 0.36 per cent higher at Rs 790.65 per share. In comparison, BSE Sensex was trading 0.30 per cent higher at 78,705.17 levels. READ MORE

 

 

11:14 AM

Stock Market LIVE Updates: China keeps interest rates steady, drains record cash in policy adjustment

Stock Market LIVE Updates: China refrained from cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.

 

The People’s Bank of China held the interest rate on the one-year medium-term lending facility steady at 2 per cent — a move predicted by nine of 10 economists surveyed by Bloomberg. The authorities also withdrew a net 1.15 trillion yuan ($158 billion) from the financial system with the tool, the most since 2014. READ MORE

 

11:11 AM

Stock Market LIVE Updates: Why Panacea Biotec shares were locked in 5% upper circuit on Thursday?

Stock Market LIVE Updates: Panacea Biotec shares hit a 5 per cent upper circuit at Rs 456.25 per share on BSE in Thursday's trade. The buying in the stock came after the company received a letter of award from UNICEF for the supply of 115 million doses of its bivalent oral polio vaccine (bOPV) worth $14.95 million (Rs 127 crore) in CY2025.

 

Around 9:39 AM, Panacea Biotec Ltd share price was up 4.99 per cent at Rs 456.25 per share on BSE. In comparison, the BSE Sensex was up 0.39 per cent at 78,776.58. READ MORE