Market Crash Highlight: Benchmarks fall for 4th week; Sensex down 663 pts today, Nifty below 24,200

Share Market Crash Highlights, Oct 25: The benchmark indices were down for 4th straight week, their longest weekly losing streak since August 2023. The indices have shed over 7 per cent in this period

2:26 PM

Stock Market LIVE Updates: Waaree Energies IPO GMP Skyrockets: 100% listing gain on the cards?

Stock Market LIVE Updates: Waaree Energies' unlisted shares maintain a robust premium in the grey market, sustaining investor enthusiasm following the conclusion of its initial public offering (IPO) bidding process. As the company prepares for its market debut on Monday, October 28, 2024, investors' eye listing performance. READ MORE

2:14 PM

Stock Market LIVE Updates: National Stock Exchange's IPO hinges on approval from Sebi, says CEO

Stock Market LIVE Updates: India’s largest stock exchange is awaiting clearance from the securities regulator to proceed with its public listing plans, according to Chief Executive Officer Ashish Kumar Chauhan.  The National Stock Exchange of India Ltd., whose initial public offering has faced delays since it initial filing in 2016, needs approval from the Securities and Exchange Board of India to reapply, Chauhan said in a Bloomberg Television interview on Friday. READ MORE

 

 

 

2:11 PM

Stock Market LIVE Updates: R R Kabel share price down 6% after Q2 PAT plunges 33% YoY

Stock Market LIVE Updates: R R Kabel share price slipped up to 6.06 per cent to hit an intraday low of Rs 1,508.85 per share on Friday, October 24, 2024. The fall in R R Kabel share price came after the company announced weak September quarter of financial year 2025 (Q2FY25) results. READ MORE

2:02 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty trade deep in the red

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading deep in the red, after opening with slight gains.

At 2 PM, the BSE Sensex was down 802.79 points, or 1 per cent, at 79,262, while the Nifty 50 was at 24,107, down 292 points, or 1.2 per cent.

 

1:45 PM

Stock Market LIVE Updates: Aster DM, Laurus Labs among 5 smallcap stock ideas in a falling market

Stock Market LIVE Updates: The Indian equity market has been in a downward spiral for nearly a month now. Benchmark equity indices have declined up to 8 per cent from the peaks. The NSE Nifty 50 index on Friday hit a low at 24,227 - down 7.8 per cent from its life-time high of 26,277 hit on September 27. READ MORE

 

1:29 PM

Stock Market LIVE Updates: Bank Nifty down 2%, PSB index 4%: Reasons why bank stocks are falling today

Stock Market LIVE Updates: Bank stocks, especially public sector banks, were in a freefall on Friday. The Nifty Bank index today fell 2.1 per cent in the intraday trade, to hit a low of 50,440.6 level on the NSE (National Stock Exchange).

 

 The index was pressured by IndusInd Bank, AU Small Finance Bank, Canara Bank, Punjab National Bank, and IDFC First Bank. Barring IndusInd Bank's 20-per cent plunge, all other shares were down in the range of 4 per cent to 6 per cent. READ MORE

 

1:11 PM

Stock Market LIVE Updates: Here's why Aarti Drugs shares fell 4% on October 25, more details here

Aarti Drugs share price:Pharmaceutical company Aarti Drugs shares dropped up to 3.67 per cent to hit an intraday low of Rs 467 per share on Friday, October 24, 2024. 

 

The fall in Aarti Drugs share price came after the company reported a weak set of September quarter (Q2FY25) earnings.

 

Aarti Drugs’ profit dropped 11.6 per cent annually to Rs 35 crore in the September quarter of FY25, from Rs 39.6 crore in the September quarter of FY24. Read more

1:02 PM

Stock Market LIVE updates: 1 PM market update

At 1 PM, the BSE Sensex was down 712.25 points, or 0.89 per cent, at 79,352.91, while the Nifty 50 was at 24,128.75, down 270.65 points, or 1.11 per cent.

12:52 PM

Stock Market LIVE Updates: Deepak Builders IPO: GMP indicates double digit listing gains for investors

Deepak Builders IPO listing price prediction:The grey market premium for the Deepak Builders & Engineers IPO remains intact ahead of their market debut scheduled for Monday, October 28, 2024. The unlisted shares of Deepak Builders were trading at a premium of around Rs 50, translating to a GMP of 24.63 per cent from the upper end of the IPO price of Rs 203, as revealed by sources tracking grey market activities.  The allotment for Deepak Builders IPO was finalised yesterday, October 24, with shares issued at Rs 203 apiece. Read more

12:45 PM

Stock Market LIVE Updates: Rs 98k-cr selloff by FIIs in Oct drags Mid, SmallCap indices 9% in 7 days

Shares of midcap and smallcap companies are under pressure for the second straight day, with their indices falling around 2 per cent on the BSE in Friday’s intra-day trade.

 

The constituent stocks of the two broader market indices were weighed down by continued selling from foreign portfolio investors (FPIs) of nearly Rs 1 trillion. The decline is attributed due to a weaker-than-expected September quarter (Q2) corporate earnings. Read more

12:29 PM

Stock Market LIVE Updates: Axis Bank share price bucks weak market trend, rally 3%, here's why

Stock Market LIVE Updates: Axis Bank share price rallied 3 per cent in Friday's intraday trade, hitting a high of Rs 1,201.10 per share on the BSE, in an otherwise weak market. Axis Bank share held its ground after the private sector lender received the Reserve Bank of India's (RBI's) approval for the re-appointment of Amitabh Chaudhry as the Managing Director & CEO for another three-year term. Chaudhry's term would begin from January 1, 2025 until December 31, 2027, signalling stability and continuity in the leadership. READ MORE

 

 

12:15 PM

Stock Market LIVE Updates: ixigo share falls 5% amid profit booking post healthy Sept qtr results

Stock Market LIVE Updates: Shares of online ticket booking platform ixigo, which is owned and operated by Le Travenues Technology, dropped up to 4.86 per cent to hit an intraday low of Rs 141.85 per share on Friday, October 25, 2024.

The drop in ixigo share price came after the company saw profit booking after posting a healthy set of September quarter of financial year 2025 (Q2FY25) results. READ MORE

 

12:02 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty trade with loses

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading lower, after opening with slight gains.

At 12 PM, the BSE Sensex was down 649.49 points, or 0.81 per cent, at 79,415, while the Nifty 50 was at 24,144, down 255.10 points, or 1.05 per cent.

 

11:49 AM

Stock Market LIVE Updates: Radico Khaitan up 10%, hits new high on strong Q2 operational performance

Stock Market LIVE Updates: Shares of Radico Khaitan hit a new high of Rs 2,525.50, as they rallied 10 per cent on the BSE in Friday’s intra-day trade after the company delivered strong operational performance for the July-September quarter (Q2) of financial 2024-25 (FY25).

 

The breweries and distilleries company reported a 12.6 per cent increase in the Prestige & Above category of beverages, along with a sequential improvement in earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins. The company's ebitda margin improved 150 bps quarter-on-quarter (Q-o-Q) and year-on-year (Y-o-Y) at 14.5 per cent. READ MORE

 

 

11:37 AM

Stock Market LIVE Updates: Godavari Biorefineries IPO closes today: 0.59x subscription, GMP up 4%

Stock Market LIVE Updates: The initial public offering (IPO) of Godavari Biorefineries, which opened for public subscription on Monday, October 21, 2024, is set to conclude today.

The Godavari Biorefineries IPO is a book-built issue of Rs 554.75 crore, comprising a fresh issue of 9,232,955 shares and an offer for sale of 6,526,983 shares, with a face value of Rs 10 apiece. Ahead of the IPO, Godavari Biorefineries, on Tuesday, October 22, 2024, raised Rs 166.42 crore from anchor investors. READ MORE