Stock Market Crash Highlights: Sensex sheds 1,258 pts in broad sell-off, Nifty at 23,616; VIX up 15%

Markets Today Highlights: All sectoral indices ended in the red, with Nifty PSU Bank being the worst hit, ending down by 4 per cent, dragged by Union Bank of India, and Bank of Baroda

9:15 AM

Stock Market LIVE Updates: Nifty opens at 24,045.80

Stock Market LIVE Updates: Nifty opens at 24,045.80

9:15 AM

Stock Market LIVE Updates: Sensex opens at 79,281.65

Stock Market LIVE Updates: Sensex opens at 79,281.65

9:08 AM

Stock Market LIVE Updates: Nifty rises 41 points in pre-open

Stock Market LIVE Updates: Nifty rises 41 points in pre-open

9:07 AM

Stock Market LIVE Updates: Sensex up 76 points in pre-open

Stock Market LIVE Updates: Sensex up 76 points in pre-open

9:01 AM

Stock Market LIVE Updates: Tata Elxsi reports minor fire incident at Neyyar, Technopark campus, on Jan 3

Stock Market LIVE Updates: Tata Elxsi informed on Saturday, January 4, about a minor fire incident at one of the electrical control rooms at its premises at Neyyar, Technopark campus in Trivandrum on the evening of Janary 3, 2025.

The company, in an exchange filing, said, "This is to inform that a minor fire incident occurred in one of the electrical control rooms at Tata Elxsi’s premises located at Neyyar, Technopark campus in Trivandrum on the evening of January 03, 2025.

The fire was swiftly brought under control, and the emergency procedures worked as designed. As a precautionary measure, all personnel were evacuated from the building, and all employees and personnel are reported safe. There has been no substantial loss of property or any injuries suffered by any personnel".

The company added that the incident has not impacted its business operations and normal operations will resume from Monday.

 

8:53 AM

Stock Market LIVE Updates: BSE, NSE to hold special session for ITC-ITC Hotels demerger: What we know

Stock Market LIVE Updates: Monday, January 6, 2025, marks an important day for ITC shareholders. It’s the ‘record date’ that decides who will be eligible to receive shares of ITC Hotels when it gets listed on the NSE and BSE. This follows the long-awaited demerger of ITC Hotels, which took effect on January 1, 2025. READ MORE

 

8:53 AM

Stock Market LIVE Updates: Angel One's ADTO climbs 10.8% YoY, drops 11.9% QoQ to Rs 39,347 bn in Q3FY25

Stock Market LIVE Updates: Angel One today reported Q3 FY25 overall average daily turnover (ADTO) at Rs 40,052 billion, higher by 11.3 per cent year-on-year (YoY), but lower by 11.8 per cent quarter-on-quarter (QoQ).

In the F&O segment, the company recorded ADTO at Rs 39,347 billion, higher by 10.8 per cent YoY, while lower by 11.9 per cent QoQ.

The company's gross client acquisition dropped 15.2 per cent YoY to 2.09 million, from 2.46 million in the year ago period, and 2.99 million in the previous quarter.

 

8:40 AM

Stock Market LIVE Updates: BSE, NSE to hold special session for ITC-ITC Hotels demerger: What we know

Stock Market LIVE Updates: Monday, January 6, 2025, marks an important day for ITC shareholders. It’s the ‘record date’ that decides who will be eligible to receive shares of ITC Hotels when it gets listed on the NSE and BSE. This follows the long-awaited demerger of ITC Hotels, which took effect on January 1, 2025. READ MORE

 

8:38 AM

Stock Market LIVE Updates: IEX records 20,464 MU electricity traded volume in Q3FY24, up 16% YoY

Stock Market LIVE Updates: Indian Energy Exchange today informed that it has achieved the highest ever monthly electricity traded volume of 11,132 MU in December 2024, marking a 29 per cent increase on year-on-year basis. 

The company, in an exhange filing, said, during the month, it traded 16.62 lakh renewable energy certificates, recording a 58 per cent year on year increase.

For the nine months of the fiscal year 2025, IEX achieved electricity traded volume of 88,981 MU, marking a 19 per cent year on year increase.

For the third quarter of the fiscal year 2025, IEX achieved electricity traded volume of 30,464 MU, a 16 per cent year on year increase. During the quarter, IEX traded 26.52 lakh renewable energy certificates, recording a 31 per cent year on year increase.

 

8:32 AM

Stock Market LIVE Updates: Weakening rupee may not be shot in the arm for India's pharma exporters

Stock Market LIVE Updates: The recent depreciation of the Indian rupee against the US dollar may not necessarily bode well for India’s pharmaceutical exporters in the immediate term, experts said.

While some believe the devaluing rupee will have little immediate impact on exports due to annual contracts being hedged against currency fluctuations, others warn that smaller players may lower prices in response to the currency tailwind, potentially triggering price renegotiations. Exporters note the higher import costs for active pharmaceutical ingredients (APIs) could offset the gains from the export surge.
 

Last week, the rupee weakened against the US dollar, reaching a fresh closing low of 85.76. READ MORE

 

8:31 AM

Stock Market LIVE Updates: Auto component companies focus on new markets, products as growth slows

Stock Market LIVE Updates: As the Indian auto components sector faces a projected revenue slowdown to 6-8 per cent this and the next financial year due to softening of demand and sluggish global markets, industry players are actively diversifying their markets to mitigate the impact.

 

According to a recent CRISIL report, while replacement demand will provide some support, export growth is expected to taper compared to the previous year. This has prompted several players to explore new avenues for growth. READ MORE

 

 

8:30 AM

Stock Market LIVE Updates: Govt to switch on massive subsidy to supercharge EV infrastructure

Stock Market LIVE Updates: The central government will provide an 80 per cent or higher subsidy (which could increase to 100 per cent in exceptional cases) on the upstream infrastructure required to set up electric public fast charging stations across the country under the Rs 2,000 crore PM Electric Drive Revolution in

Innovative Vehicle Enhancement (PM eDRIVE) scheme (which replaced the Faster Adoption and Manufacturing of [Hybrid &] Electric Vehicles in India schemes).

According to draft guidelines from the Ministry of Heavy Industries (MHI), the subsidy will support 48,400 fast chargers for electric two- and three-wheelers (with Rs 581 crore earmarked), 22,100 for electric four-wheelers (with Rs 1,061 crore allocated), and 1,800 for electric buses and trucks (with Rs 346 crore designated), totalling 72,300 fast chargers. READ MORE

 

8:29 AM

Stock Market LIVE Updates: Healthy order books may lift bottom lines in capital goods sector in Q3

Stock Market LIVE Updates: For India’s capital goods and engineering firms, analysts expect a steady profitability streak for the December 2024-ended quarter (Q3FY25) even as a slump in stock market valuation is seen over order book growth concerns.

 

The Bloomberg analysts’ consensus shows a double-digit growth likely for all three metrics — net sales, earnings before interest, taxation, depreciation and ammortisation (Ebitda) and profit after tax (PAT), for most companies in this segment (see chart). READ MORE

 

 

8:26 AM

Stock Market LIVE Updates: Defence stocks lock and load for order-driven growth offensive in Q4

Stock Market LIVE Updates: The defence ministry’s focus on modernisation, new technologies, and exports, along with the concentration of orders in the fourth quarter (Q4) of 2024-25 and long-term growth opportunities from indigenisation, are expected to strengthen the revenue and earnings potential of India’s defence sector.

 

The recent decline in stock prices of listed defence majors has made the risk/reward equation more attractive for investors, according to brokerages. While stock prices for listed companies have risen 2.5x over three years, high valuations, slower order inflows, and challenges in execution and supply chains have resulted in a 19 per cent correction over the last six months. READ MORE

 

8:15 AM

Stock Market LIVE Updates: Bajaj Finance's assets under management grew 28% in Q3

Stock Market LIVE Updates: Bajaj Finance in its Q3 update said that its assets under management grew 28 per cent to Rs 3.98 trillion in the third quarter ended December 31, 2024, as compared to Rs 3.11 trillion a year ago. Its deposit book surged 19 per cent to Rs 68,800 crore as compared to Rs 58,008 crore.