Stock Market Highlights: Sensex sheds 67pts, Nifty settles at 23,727; Smallcap shares shine
Markets Today Highlights: After scaling the day's high of 78,877.36, the 30-share Sensex took a retreat and settled at 78,472.87, down 67.30 points or 0.09 per cent from its previous close
 "The Securities and Exchange Board of India (Sebi) has proposed measures to regulate algorithmic (algo) trading by retail investors, introducing new checks and balances for stock brokers and exchanges. Currently, algo trading is dominated by instituti")
12:37 PM
The broader market indices, Nifty MidCap and Nifty SmallCap, have shown a more nuanced performance with a surge of 23.6 per cent and 23.4 per cent, respectively.
Stock Market LIVE Updates: Israel war, Budget, Fed rate cut: Top events that shaped markets in 2024
Stock Market LIVE Updates: As the calendar year 2024 draws to a close, the Indian stock markets are poised to deliver moderate returns, with high single-digit gains on the cards. Among the major indices, the BSE Sensex has risen by 8.7 per cent, while the Nifty50 has posted a gain of 9.3 per cent year-to-date till December 23, 2024.
The broader market indices, Nifty MidCap and Nifty SmallCap, have shown a more nuanced performance with a surge of 23.6 per cent and 23.4 per cent, respectively.
As we bid farewell to 2024, here are the key events and factors that shaped the trajectory of the stock markets throughout the year. READ MORE
12:23 PM
Stock Market LIVE Updates: Sanathan Textiles IPO allotment status: Check share allocation, and GMP
Stock Market LIVE Updates: The basis of allotment for Sanathan Textiles' Rs 550-crore initial public offering (IPO) is likely to be finalised today, December 24, 2024. The IPO, which closed for subscription on December 23, witnessed strong investor demand, with an oversubscription of 35.12 times, according to data from the BSE. Shares were offered within a price band of Rs 305-321, with a minimum lot size of 46 shares.
During the subscription period, Sanathan Textiles received bids for 44.33 crore shares against the 1.26 crore shares available, data from the NSE revealed. READ MORE
12:11 PM
Individually, Tata Investments led the pack, skyrocketing 11.83 per cent to hit an intraday high of Rs 7,305 per share. Similarly, Tata Chemicals jumped 3.99 per cent to Rs 1,076.20 per share, Tata Motors rose 2.51 per cent to Rs 740.70, Tata Elxsi soared 1.60 per cent to Rs 7,010, TCS gained 1.45 per cent to Rs 4,217.30, Tata Power increased 1.38 per cent to Rs 405.35, Tata Consumer Products inched 1.05 per cent higher at Rs 911.20, and Tata Communications soared 1.12 per cent to Rs 1,729.65. READ MORE
Stock Market LIVE Updates: Tata Group stocks zoom up to 12% on reports of Tata Capital's Rs 15K-cr IPO
Stock Market LIVE Updates: Tata Group companies like Tata Investment Corporation, Tata Chemicals, Tata Motors, Tata Power, Tata Elxsi, Tata Consumer Products and Tata Communications, among others were in demand on Tuesday, December 24, 2024, as these scrips rallied up to 12 per cent in intraday deals on BSE.
Individually, Tata Investments led the pack, skyrocketing 11.83 per cent to hit an intraday high of Rs 7,305 per share. Similarly, Tata Chemicals jumped 3.99 per cent to Rs 1,076.20 per share, Tata Motors rose 2.51 per cent to Rs 740.70, Tata Elxsi soared 1.60 per cent to Rs 7,010, TCS gained 1.45 per cent to Rs 4,217.30, Tata Power increased 1.38 per cent to Rs 405.35, Tata Consumer Products inched 1.05 per cent higher at Rs 911.20, and Tata Communications soared 1.12 per cent to Rs 1,729.65. READ MORE
12:01 PM
At 12 PM, the BSE Sensex was higher by 210.41 points, or 0.28 per cent, at 78,750.58, while the Nifty50 was at 23,823.60, higher by 70.15 points, or 0.3 per cent.
Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty maintain gains
Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading higher on Tuesday, amid firm global cues.
At 12 PM, the BSE Sensex was higher by 210.41 points, or 0.28 per cent, at 78,750.58, while the Nifty50 was at 23,823.60, higher by 70.15 points, or 0.3 per cent.
11:53 AM
The company, in an exchange filing, said, "The pre project activities consists of various initial studies, land identification and acquisition, preparation of Detailed Feasibility report, Environment Impact Assessment, Basic Design Engineering package, Front End Engineering Design, etc.".
Stock Market LIVE Updates: BPCL begins pre-project work for Rs 6,100-cr refinery and petrochem facility in AP
Stock Market LIVE Updates: Bharat Petroleum Corporation (BPCL) today informed that it has started pre-project activities for setting up a greenfield refinery and petrochemical facility on East Coast at Andhra Pradesh, at an estimated cost of Rs 6,100 crore.
The company, in an exchange filing, said, "The pre project activities consists of various initial studies, land identification and acquisition, preparation of Detailed Feasibility report, Environment Impact Assessment, Basic Design Engineering package, Front End Engineering Design, etc.".
11:43 AM
As per the National Stock Exchange (NSE), Concord Enviro IPOwas oversubscribed 10.67 times with a total bid of 5,35,34,586 shares against its issue of 50,15,356 shares. READ MORE
Stock Market LIVE Updates: A guide to check Concord Enviro allotment status on BSE, NSE, Link Intime
Stock Market LIVE Updates: The basis of allotment of Concord Enviro's initial public offer (IPO) will be finalised today, December 24, 2024, after the closure of its subscription Monday, December 23, 2024. Concord Enviro IPO opened for subscription on Thursday, December 19, 2024, with a price band of Rs 665 to Rs 701 per share. Concord Enviro IPO received an impressive response.
As per the National Stock Exchange (NSE), Concord Enviro IPOwas oversubscribed 10.67 times with a total bid of 5,35,34,586 shares against its issue of 50,15,356 shares. READ MORE
11:34 AM
The trading will resume on Thursday, December 26, 2024. READ MORE
Stock Market LIVE Updates: Stock market holiday - Are BSE, NSE closed on Dec 25 for Christmas 2025?
Stock Market LIVE Updates: The Indian stock exchanges, BSE and NSE, will be closed for trading on Wednesday, December 25, 2024, on account of Christmas. This will mark the last stock market holiday of 2024. Most global markets, including the UK, the US, and Europe, will also be shut tomorrow.
The trading will resume on Thursday, December 26, 2024. READ MORE
11:27 AM
Stock Market LIVE Updates: This SBI, LIC MF portfolio stock zoomed over 500% in 1 year; hits new high
Stock Market LIVE Updates: Shakti Pumps (India) shares (SPIL) hit a new high of Rs 1,010, gaining 5 per cent on the BSE in Tuesday’s intra-day trade on a healthy business outlook. In two days, the stock has rallied 10 per cent. It surpassed its previous high of Rs 977.55 that it touched on December 17, 2024.
Meanwhile, in one year, Shakti Pumps share price has skyrocketed 515 per cent from the level of Rs 164.26 (adjusted to 5:1 bonus issue) on the BSE. READ MORE
11:16 AM
Stock Market LIVE Updates: HG Infra Engineering rallies 6% on securing battery storage deal from NTPC
Stock Market LIVE Updates: Shares of HG Infra Engineering gained up to 5.60 per cent at Rs 1,542.05 a piece on the BSE in Monday’s intraday trade.
HG Infra share price moved up after the company announced that its subsidiary HG Banaskantha BESS Pvt Ltd has signed a battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam Limited for a 185 MW/370 MWh project on a long-term basis. READ MORE
HG Infra share price moved up after the company announced that its subsidiary HG Banaskantha BESS Pvt Ltd has signed a battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam Limited for a 185 MW/370 MWh project on a long-term basis. READ MORE
11:07 AM
The proposal for this leadership expansion has been approved by the Reserve Bank of India (RBI) and subsequently by the Boards of the respective companies, the company said in an exchange filing.
The company added that the next-generation leaders—Tina George Muthoot, Thomas Muthoot John, and Suzannah Muthoot—have joined as Executive Directors in Muthoot Capital Services, Muthoot MicroFin, and Muthoot Housing Finance, respectively, while Ritu George Muthoot and Susan John Muthoot have joined Muthoot Capital Services as Non-Executive Directors.
It added that Hannah Muthoot will join as Director of the Muthoot International Sports School.
Stock Market LIVE Updates: Muthoot Pappachan Group expands leadership with 4th-gen leaders joining board
Stock Market LIVE Updates: Muthoot Pappachan Group (MPG) today announced the induction of its fourth generation leaders into the Board of Directors.
The proposal for this leadership expansion has been approved by the Reserve Bank of India (RBI) and subsequently by the Boards of the respective companies, the company said in an exchange filing.
The company added that the next-generation leaders—Tina George Muthoot, Thomas Muthoot John, and Suzannah Muthoot—have joined as Executive Directors in Muthoot Capital Services, Muthoot MicroFin, and Muthoot Housing Finance, respectively, while Ritu George Muthoot and Susan John Muthoot have joined Muthoot Capital Services as Non-Executive Directors.
It added that Hannah Muthoot will join as Director of the Muthoot International Sports School.
11:02 AM
At 11 AM, the BSE Sensex was higher by 223.37 points, or 0.28 per cent, at 78,763.54, while the Nifty50 was at 23,822.90, ahead by 69.45 points, or 0.29 per cent.
Stock Market LIVE Updates: 11 AM market update - Sensex, Nifty maintain gains
Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading higher on Tuesday, amid firm global cues.
At 11 AM, the BSE Sensex was higher by 223.37 points, or 0.28 per cent, at 78,763.54, while the Nifty50 was at 23,822.90, ahead by 69.45 points, or 0.29 per cent.
10:52 AM
Indian Railways utilises two types of passenger coaches across various routes in the country: ICF (Integral Coach Factory) and LHB (Linke-Hofmann-Busch). These coach types differ significantly in terms of manufacturing technology, comfort, seating capacity, speed, and safety. READ MORE
Stock Market LIVE Updates: MIC Electronics locked in 5% upper circuit on CCA nod for railway systems
Stock Market LIVE Updates: Shares of MIC Electronics were locked in a 5 per cent upper circuit at Rs 86.76 a piece on the BSE in Tuesday’s intraday trade. MIC Electronics share price moved up after the company announced that it has received approval for the Capacity cum Capability Assessment (CCA) for the GPS Location-based Public Address & Passenger Information System (PAPIS) and LED Destination Boards for AC and Non-AC ICF and LHB Coaches.
Indian Railways utilises two types of passenger coaches across various routes in the country: ICF (Integral Coach Factory) and LHB (Linke-Hofmann-Busch). These coach types differ significantly in terms of manufacturing technology, comfort, seating capacity, speed, and safety. READ MORE
10:43 AM
Stock Market LIVE Updates: Whirlpool, PG Electroplast shares climb up to 5% on Dec 24; Here's why
Stock Market LIVE Updates: Shares of Whirlpool of India and PG Electroplast were in demand on Tuesday, December 24, 2024.
Whirlpool of India jumped up to 3.55 per cent to hit an intraday high of Rs 1,915.80 per share, while PG Electroplast soared up to 5.05 per cent to hit an intraday high of Rs 1,002 apiece.
The rally in Whirlpool of India and PG Electroplast shares was sparked after the companies signed a Definitive Agreement, for contract manufacturing of select models of Whirlpool branded semi-automatic Washing Machines. READ MORE
10:35 AM
The company, in an exchange filing, said, "We hereby inform you of a significant development concerning the matter of Protean eGov Technologies Limited (formerly known as NSDL E-Governance Infrastructure Limited) vs. Alankit Limited & Another... Following the arbitral award, the parties have successfully reached a settlement. The total claim raised by the Company was for ₹68.5 Crores. This has been settled for a sum of ₹38.06 Crores, consisting of: Rs 28.54 Crores offset as a counterclaim; and Rs 9.52 Crores received from Protean eGov Technologies Limited post-settlement of the counterclaim".
Stock Market LIVE Updates: Alankit wins arbitration against Protean eGov; to get Rs 38.06 cr in settlement
Stock Market LIVE Updates: Alankit today informed that it has won the arbitration petition against Protean eGov Technologies. The company said that, out of a total claim amount of Rs 68.5 crore raised by the company, the arbitation proceeding has been settled for a sum of Rs 38.06 crore.
The company, in an exchange filing, said, "We hereby inform you of a significant development concerning the matter of Protean eGov Technologies Limited (formerly known as NSDL E-Governance Infrastructure Limited) vs. Alankit Limited & Another... Following the arbitral award, the parties have successfully reached a settlement. The total claim raised by the Company was for ₹68.5 Crores. This has been settled for a sum of ₹38.06 Crores, consisting of: Rs 28.54 Crores offset as a counterclaim; and Rs 9.52 Crores received from Protean eGov Technologies Limited post-settlement of the counterclaim".
10:28 AM
Stock Market LIVE Updates: Aurionpro Solutions gains 4% after acquiring Fenixys for Europe expansion
Stock Market LIVE Updates: Shares of Aurionpro Solutions surged up to 4.17 per cent at Rs 1,803.95 a piece on the BSE in Tuesday’s intraday trade. This came after Aurionpro Solutions share price moved up on its entry into the European market through the acquisition of Fenixys.
The all-cash transaction is valued at €10 million and will grant Aurionpro a 100 per cent stake in Fenixys. Headquartered in Paris, Fenixys is a consulting firm specializing in providing capital markets services to leading banks and financial institutions across Europe and the Middle East. It has offices in the United Kingdom, Denmark, and the Middle East. READ MORE
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First Published: Dec 24 2024 | 7:29 AM IST
