Stock Market Crash Highlights, Sept 30: Sensex sheds 1,272pts, Nifty ends near 25,800; RIL slumps 3%

Stock Market Crash: Indian equity benchmark indices settled in the red on Monday, tracking mixed cues from major global markets.

2:37 PM

Stock Market LIVE Updates: India bond yields seen easing tracking US peers, quarter-end demand to aid

Stock Market LIVE Updates: Indian government bonds are likely to recover marginally on Monday, and yields may dip in opening trades tracking a similar move in US yields, after inflation did not surprise negatively, while bond demand at quarter-end will also support. READ MORE

 

2:32 PM

Stock Market LIVE Updates: Here's why Maan Aluminium shares were locked in 20% upper circuit today

Stock Market LIVE Updates: Maan Aluminium shares zoomed 20 per cent to Rs 171.30 on the BSE on Monday’s intra-day trade after the company said it has been awarded 'Zero' rate of anti-dumping duty for the export of aluminium extrusions to the US. READ MORE

 

2:31 PM

Stock Market LIVE Updates: These 3 NSE Metal stocks can extend gains amid China stimulus; hint charts

Stock Market LIVE Updates: The NSE Nifty Metal index stood tall in an otherwise weak market on Monday, gaining as much as 1.6 per cent at 10,225 in intra-day deals. Meanwhile, the NSE Nifty 50 index had shed 1.3 per cent or 330 points at 25,850 levels. READ MORE

 

2:19 PM

Stock Market LIVE Updates: Jindal Stainless in focus

Stock Market LIVE Updates: Jindal Stainless has joined hands with CJ Darcl to develop lightweight and sustainable stainless steel containers. READ MORE

 

2:16 PM

Stock Market LIVE Updates: Over 100 stocks hit upper circuits despite market crash; do you own any?

Stock Market LIVE Updates: Shares of as many as 105 companies have hit the upper circuit on the NSE so far today, defying the stock market crash today. Benchmark equity indices, the BSE Sensex and the NSE Nifty50, have fallen over 1 per cent during the intraday trading and continue to trade lower. READ MORE

 

2:08 PM

Stock Market LIVE Updates: SBI Card partners with Singapore Airlines

Stock Market LIVE Updates: SBI Card has partnered with Singapore Airlines to launch 'KrisFlyer SBI Card', a co-brand credit card.

2:01 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Indian equity benchmark indices BSE Sensex and Nifty 50 were trading near their day's lows in the afternoon on Monday.

At 2 PM, the BSE Sensex was at 84,501, down 1,070 points, or 1.25 per cent, while the Nifty 50 was at 25,867, down 311 points, or 1.19 per cent.

1:56 PM

Stock Market LIVE Updates: Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024

Stock Market LIVE Updates: Zurich, Switzerland-based brokerage firm UBS has increased its gold price forecasts, anticipating higher investment demand, a decline in US real rates, a seasonal uptick in jewellery consumption, and continued central bank purchases. 

 

“We raise our gold forecasts to $2,750 per oz by end-2024 (from $2,600 per oz), $2,850 per oz by mid-2025 (from $2,700 per oz), and $2,900 per oz by end-3Q25 (from $2,750 per oz),” Wayne Gordon, Giovanni Staunovo and Dominic Schnider of UBS said in a note. READ MORE

1:42 PM

Stock Market LIVE Updates: Welspun Corp hits lifetime high after Rs 146 cr order from Middle East

Stock Market LIVE Updates: Welspun Corp share price today surged up to 3 per cent on the BSE, hitting its all time high at Rs 762.70 per share. This came after the company bagged an order worth Rs 146 crore on Monday.

 

“We are pleased to announce the receipt of a prestigious order from the Middle East for supply of Coated LSAW Pipes and Bends for sour service. With this, the cumulative value of the line pipe orders received both in India and USA stands at Rs 1,348 Crore since our last disclosure made on 24th July, 2024,” the company said in an exchange disclosure. READ MORE

1:28 PM

Stock Market LIVE Updates: Number 13 has been unlucky for stock markets in 2024; will history repeat?

Stock Market LIVE Updates: The NSE Nifty 50 index has tanked nearly 1 per cent in intra-day deals on Monday, September 30, partly owing to profit-taking at higher levels. At 10:50 AM, the Nifty 50 index was down 0.8 per cent or 220 points at 25,960 levels. 

 

That apart, the number 13 so far has been a jinx for the Indian equity market so far in the calendar year 2024. READ MORE

 

 

1:14 PM

Stock Market LIVE Updates: Reliance Power share rises 5% as board to mull long-term fundraising

Stock Market LIVE Updates: Reliance Power share soared as much as 5 per cent, logging an intraday high of Rs 48.55 per share on the BSE on Monday. The upmove in RPower share can be attributed to the company's board's decision to mull raising funds from domestic and/or global markets in a meeting on Thursday, October 3.

 

At around 12:10 PM, shares of Reliance Power were up 4.57 per cent at Rs 48.48 per share on the BSE. By comparison, the BSE Sensex traded 1.10 per cent lower at 84,627.63 around the same time. READ MORE

1:02 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty at day's low

Stock Market LIVE Updates: Indian equity benchmark indices BSE Sensex and Nifty 50 were trading near their day's lows in the afternoon on Monday.

At 1 PM, the BSE Sensex was at 84,553, down 1,017 points, or 1.19 per cent, while the Nifty 50 was at 25,892, down 286 points, or 1.1 per cent.

12:55 PM

Stock Market LIVE Updates: Reliance Infra up 7% as Calcutta HC upholds Rs 780 crore arbitration award

Stock Market LIVE Updates: Reliance Infrastructure share price rose as much as 7 per cent on Monday, registering an intraday high of Rs 344.9 per share on the BSE. The Reliance Infra share climbed after the High Court of Calcutta ruled its judgment in favour of the Anil-Ambani-led company in a petition against the arbitration award amounting to Rs 780 crore.

 

At around 11:20 AM, Reliance Infra share price was up 6.07 per cent at Rs 342.55 per share on the BSE. By comparison, the BSE Sensex traded 1.01 per cent lower at 84,710.97 around the same time. READ MORE

12:47 PM

Stock Market LIVE Updates: Coal India makes interest rates uniform for delayed receivables from buyers

Stock Market LIVE Updates: Coal India today announced that it will be applying uniform interest rates on delayed amounts of receivables, adjustments and recoverable sums that remain outstanding after the due date, effective October 1, 2024. 

Earlier, the interest rates were skewed with wide variances even for the same generating company that had different Fuel Supply Agreements (FSAs) with CIL. The policy tweak is for coal sold under different FSAs and schemes. "This is yet another consumer friendly approach by CIL enabling ease of business," the company said in an exchange filing.

It added that the revised interest rate is Repo Rate of Reserve Bank of India as applicable on the due date of payment plus 3 per cent. 

Prior to the revision, interest rates for delayed payments used to hover between 9.5 per cent and 14.85 per cent under several FSAs, the company added. 

It said, the new interest rates are applicable for the delay in payments beyond September 30, 2024. The interest rates for the period till September 30, 2024, shall be charged as stated in the FSAs.

12:41 PM

Stock Market LIVE Updates: After a 2-year bull run, home sales are down 11%, property prices up by 23%

Stock Market LIVE Updates: India's real estate market witnessed an eleven per cent decline in housing sales during the third quarter of 2024, according to a report by ANAROCK Research. While the top seven cities (NCR, MMR, Bengaluru, Pune, Hyderabad, Kolkata, and Chennai) accounted for 80% of total sales, Mumbai Metropolitan Region (MMR) remained the top-performing market with 36,190 units sold, despite a 13% quarterly decline. READ MORE