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.

8:39 AM

Stock Market LIVE Updates: 'Bribe notes' with rates: Filings detail Sagar Adani's role in scandal

Stock Market LIVE Updates: A US indictment of top executives of India's Adani Group has put a spotlight on Sagar Adani, a millennial scion of the company who kept track of hundreds of millions of dollars of alleged bribes to Indian officials on his mobile phone, court filings show.

US prosecutors called the notes on Adani's phone "bribe notes." READ MORE

 

8:31 AM

Stock Market LIVE Updates: Markets dip amid selloff in Adani group stocks; Sensex ends 423 pts lower

Stock Market LIVE Updates: Indian equity benchmarks on Thursday declined as the selloff in the Adani group added to the woes of investors, who are reeling from the pressure of selling by foreign portfolio investors (FPIs) and weak corporate results.

The benchmark Sensex ended the session at 77,156, a decline of 423 points or 0.5 per cent. The Nifty 50 finished at 23,350, a drop of 169 points or 0.7 per cent. READ MORE

 

8:27 AM

Stock Market LIVE Updates: Stocks to watch, Nov 22, 2024: Adani Group stocks, Tata Power, NTPC, LIC

Stock Market LIVE Updates: Reliance Industries (RIL), Vodafone Idea, Bharti Airtel, MTNL, and other telcos will be in focus as the Telecom Regulatory Authority of India (Trai) released subscribers' data. READ MORE

 

8:23 AM

Stock Market LIVE Updates: Nifty 50 likely to hit 27,000 by end of 2025, says Goldman Sachs

Stock Market LIVE Updates: India will likely be insulated from possible global headwinds in the calendar year 2025 but the domestic factors — earnings growth slowdown and high valuations — will weigh on equity market performance, Goldman Sachs said in its India outlook for 2025. 

 

The US brokerage sees the India market remaining range-bound over the next three months and has given a target of 27,000 for Nifty by the end of 2025. READ MORE

 

8:22 AM

Stock Market LIVE Updates: Adani group's stock slump puts Quant Mutual Fund in a spot, again

Stock Market LIVE Updates: Quant mutual fund (MF) may have taken the biggest hit among fund houses from the slump in Adani group shares on Thursday.

Shares of Adani group firms fell sharply as billionaire Gautam Adani and seven others were indicted by the United States Securities and Exchange Commission (SEC) in an alleged multi-million dollar bribery and fraud scheme related to a solar energy project in India. READ MORE

 

8:22 AM

Stock Market LIVE Updates: Ravi Nathani says Nifty FMCG still correcting, Pharma showing bearish trend

Stock Market LIVE Updates: The Nifty FMCG index is currently exhibiting a downward trend in the near term, with support levels identified around 55,180 and 54,650. 

 

The Nifty Pharma index continues to exhibit a bearish trend in the near term, with short-term selling pressure likely to intensify if the index breaks below the critical support level of 21,400. READ MORE

 

8:20 AM

Stock Market LIVE Updates: Market Today: GIFT Nifty; Adani stocks; Zinka, NTPC Green IPO; PMI, Rupee

Stock Market LIVE Updates: Investors will keep a close eye on India’s Manufacturing, Composite, and Services PMI Flash data for November, alongside movements in Adani Group stocks and the NTPC Green Energy IPO. READ MORE

 

8:19 AM

Stock Market LIVE Updates: Oil prices climb

Stock Market LIVE Updates: Oil prices rose on Friday after Russia said it had fired a ballistic missile at Ukraine and warned of a broadening conflict, raising the prospect of tightening crude supplies.

Brent crude futures gained 27 cents, or 0.36 per cent, to $74.50 a barrel by 8:18 AM. US West Texas Intermediate crude futures rose 31 cents, or 0.42 per cent, to $70.42 per barrel.

 

8:15 AM

Stock Market LIVE Updates: Wall Street closes higher

Stock Market LIVE Updates: The three major indices on Wall Street closed higher on Thursday.

The Dow Jones Industrial Average climbed 462 points, or 1.06 per cent, to finish at 43,270.35, while the S&P 500 gained 0.53 per cent to close at 5,948.71. The tech-heavy Nasdaq Composite edged up 0.03 per cent to end at 18,972.42.

 

8:11 AM

Stock Market LIVE Updates: Asia markets mixed; China declines

Stock Market LIVE Updates: Markets in the Asia-Pacific region were mixed, with the Chinese markets trading with cuts on Friday morning.

Japan’s Nikkei 225 was higher by 0.97 per cent and the broad-based Topix rose 0.78 per cent higher.

Australia’s S&P/ASX 200 was ahead by 1.02 per cent, and South Korea's Kospi was higher by 1.1 per cent while the small-cap Kosdaq was ahead by 0.47 per cent.

Hong Kong’s Hang Seng index was trading 0.22 per cent lower, while mainland China’s CSI 300 was lower by 0.43 per cent. The Shanghai Composite was lower by 0.49 per cent.

 

8:03 AM

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