Stock Market Rally Highlights: Sensex soars 1,960 pts, Nifty ends above 23,900; SBI, TCS jump 4%

Stock Market Highlights: Benchmark Indian equity indices, the BSE Sensex and NSE Nifty50, settled higher by over 2 per cent each on Friday.

9:30 AM

Stock Market LIVE Updates: Adani Green Energy extends fall

Adani Green Energy fell 6 per cent on Friday, extending its fall from Thursday.

9:28 AM

Stock Market LIVE Updates: Grasim Industries, HDFC Life, SBI gain on NSE

Grasim Industries, HDFC Life, SBI were the top leaders on NSE.

9:26 AM

Stock Market LIVE Updates: Nifty PSU Bank, Realty gain among sectors

Nifty PSU Bank and Nifty Realty were the top gainers among sectoral trends.

9:23 AM

Stock Market LIVE Updates: Broader indices advance

The BSE MidCap index was up by 0.51 per cent, while the BSE SmallCap index rose by 0.46 per cent.

9:21 AM

Stock Market LIVE Updates: 24 out of 30 stocks trade in green

Tata Mtors, SBI, ICICI Bank and Powergrid were among the top 24 gainers on the BSE Sensex.

9:18 AM

Stock Market LIVE Updates: Nifty above 23,400

NSE's Nifty50 stood at 23,417 level, up 67 points or 0.29 per cent.

9:16 AM

Stock Market LIVE Updates: Sensex up over 150 pts

The BSE Sensex jumped 182 points or 0.24 per cent at 77,338 level. 

9:10 AM

Stock Market LIVE Updates: Sensex jumps over 150 pts

The BSE Sensex was at 77,349 level, up 193 points or 0.25 per cent. 

9:09 AM

Stock Market LIVE Updates: Nifty above 23,400 in pre-opening deals

NSE's Nifty50 was at 23,404 level, up 54 points or 0.23 per cent. 

9:06 AM

Stock Market LIVE Updates: This is a market correction, not a crash

There are some important takeaways from the market trends in the present context. The Russia-Ukraine war has escalated with Russia firing even Inter Continental Ballistic Missiles. The relentless selling by FIIs continues with the selling spree reaching a record continuous 37 days. But the market has corrected only by about 11 per cent from the September peak. This is a correction, not a crash. The mother market US is bullish with 25.43 per cemt return YTD. These factors suggest that the undertone of this market is positive. 

(View by: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.)

9:03 AM

Stock Market LIVE Updates: Rupee opens at Rs 84.50

Stock Market LIVE Updates: Rupee opens at Rs 84.50 per US dollar. 

8:57 AM

Stock Market LIVE Updates: Here's what's next for Gautam Adani after US bribery and fraud charges

Stock Market LIVE Updates: Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, could face a long road to trial in the US on criminal charges over his alleged role in a multi-billion-dollar fraud and bribery scheme.

 

Here's a look at what's next for Adani, who is accused of conspiring to pay about $265 million in bribes to Indian government officials to obtain contracts and develop India's largest solar power plant project. READ MORE

 

 

8:53 AM

Stock Market LIVE Updates: Macroeconomic stability a joint effort, says RBI Governor Shaktikanta Das

Stock Market LIVE Updates: Macroeconomic stability is a shared responsibility of both monetary and fiscal authorities and effective fiscal-monetary coordination was at the core of India’s success in the face of a series of adverse shocks, said Shaktikanta Das, Governor of the RBI, on Thursday.

 

“The 2020-23 period was unique in view of the incidence of multiple and overlapping shocks to food and oil prices, which challenged the conduct of monetary policy. It was necessary to neutralise the impact of these shocks through effective coordination with fiscal policy,” said Das. READ MORE

 

8:51 AM

Stock Market LIVE Updates: Adani saga: Lack of takers for RE key reason behind corruption case

Stock Market LIVE Updates: A widespread reluctance among states to purchase renewable energy (RE) has led to a corruption case filed by the United States Attorney for the Eastern District of New York against Adani group and the New York Stock Exchange-listed Azure Power.

This issue dates back to 2019-2020, when the Solar Energy Corporation of India (SECI) issued record-high tenders worth 30 gigawatt (GW).

SECI is an RE project-awarding and facilitating agency under the Ministry of New and Renewable Energy. However, these projects failed to find buyers in any state. READ MORE

 

8:46 AM

Stock Market LIVE Updates: Gold rises Rs 10, silver falls Rs 100; yellow metal trading at Rs 77,960

Stock Market LIVE Updates: The price of 24-carat gold climbed Rs 10 in early trade on Friday, with ten grams of the precious metal trading at Rs 77,960 according to the GoodReturns website. The price of silver also declined by Rs 100, with one kilogram of the precious metal selling at Rs 91,900.

The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 71,460. READ MORE