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

4:03 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty remained mostly rangebound throughout the day before closing flat. On the daily chart, the index closed below the 200-DMA for the first time in three days, confirming a short-term bearish trend. The RSI is in a bearish crossover and continues to decline, reinforcing the negative outlook. On the downside, support is placed at the 23,500-23,400 zone, while resistance is seen at 23,860.

View by Rupak De, Senior Technical Analyst, LKP Securities.

4:02 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The domestic market concluded flat ahead of the holiday, with metal and power stocks dragging performance while FMCG and auto sectors gained from recent corrections. The near-term market trajectory hinges on the outcome of Q3 results and the Union budget, but caution prevails due to a strong dollar, high bond yields, and concerns over rate cuts. The INR hitting an all-time low, further evoked the caution.

View by Vinod Nair, Head of Research, Geojit Financial Services.

3:39 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices BSE Midcap and Smallcap closed in green.

 

3:38 PM

Stock Market LIVE Updates: Here's a look at Nifty gainers and loser at close

Stock Market LIVE Updates: Tata Motors, Adani Enterprises, Eicher Motor were among the top winners on Nifty50

 

3:36 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and loser at close

Stock Market LIVE Updates: Tata Motors, ITC, Nestle Indian were among the top gainers on Sensex. Here is a heatmap 

 

 

3:35 PM

Stock Market LIVE Updates: Nifty settles 25.8 pts lower at 23,727.65

Stock Market LIVE Updates: NSE Nifty closed 25.8 points or 0.11 per cent lower at 23,727.65.

 

3:33 PM

Stock Market LIVE Updates: Sensex closes 67.3 pts lower at 78,472.87

Stock Market LIVE Updates: BSE Sensex closed 67.3 points or 0.09 per cent lower at 78,472.87

 

3:28 PM

Stock Market LIVE Updates: Mobikwik zooms 35% from Monday's low on heavy volumes post stellar debut

Stock Market LIVE Updates: Shares of One Mobikwik Systems (Mobikwik) moved higher to its new high of Rs 630, as they rallied 19 per cent on the National Stock Exchange (NSE) in Tuesday’s intra-day trade amid heavy volumes in otherwise a subdued market. The stock of the fintech company has zoomed 35 per cent from its Monday’s low of Rs 467.35 on the NSE. READ MORE 

3:23 PM

Stock Market LIVE Updates: Oyo completes US-based G6 Hospitality acquisition for $525 million

Stock Market LIVE Updates: SoftBank-backed Oyo has acquired G6 Hospitality, the US-based operator of the Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million. READ MORE 

3:19 PM

Stock Market LIVE Updates: Mutual fund industry on a high, asset surges Rs 17 trillion in 2024

Stock Market LIVE Updates: After a stellar 2023, the mutual fund industry sustained its growth momentum in 2024 with an impressive Rs 17 lakh crore surge in assets, driven by buoyant equity markets, robust economic growth, and increasing investor participation. Experts are predicting the positive trend will extend into 2025. READ MORE 

3:13 PM

Stock Market LIVE Updates: Indigo leads Indian aviation with record 10 million passengers in November

Stock Market LIVE Updates: The Directorate General of Civil Aviation (DGCA), India’s aviation regulator said that November 2024 witnessed the highest-ever traffic in the history of Indian domestic aviation. READ MORE

3:07 PM

Stock Market LIVE Updates: EV player Greaves Electric Mobility files DRHP with Sebi

Stock Market LIVE Updates: Electric vehicle maker and Greaves Cotton's material subsidiary, Greaves Electric Mobility, is planning to go public. The company has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for its Initial Public Offering (IPO). This comes almost three months after leading EV player Ola Electric Mobility went public in August this year. READ MORE

3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade muted

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading on a muted note on Tuesday.

At 3 PM, the BSE Sensex was lower by 42.71 points, or 0.05 per cent, at 78,497.46, while the Nifty50 was at 23,739, behind by 14.45 points, or 0.06 per cent.

 

2:50 PM

Stock Market LIVE Updates: HFCL share price rises 5% off lows on foray into defence manufacturing biz

Stock Market LIVE Updates: HFCL share price climbed up to 3.2 per cent on the BSE, to hit an intraday high of Rs 116.65 per share, on Tuesday, December 24. The rise in HFCL shares came after the company announced that it has inaugurated an advanced defence equipment manufacturing facility in Hosur, Tamil Nadu.

In a stock exchange filing on Tuesday, HFCL said the new facility is dedicated to producing cutting-edge defence technologies, including HFCL’s indigenously developed Thermal Weapon Sights, Electronic Fuzes, High-Capacity Radio Relay (HCRR) system, and Surveillance Radars. READ MORE

 

2:41 PM

Stock Market LIVE Updates: Senores, Ventive, Carraro IPOs to close: Check subscription status, GMP

Stock Market LIVE Updates: Three mainline initial public offerings (IPOs) of Carraro India, Senores Pharmaceuticals, and Ventive Hospitality will close for subscription today, December 24, 2024. While Senores Pharmaceuticals IPO and Ventile Hospitality IPO received an overwhelming response and were oversubscribed around 12:40 PM, Carraro India IPO received a tepid response.

 

As per the National Stock Exchange (NSE), Senores Pharmaceuticals IPO was oversubscribed 27.97 times with a total bid of 23,86,97,874 shares against its issue of 85,34,681 shares. READ MORE