Stock Market Highlights: Sensex sheds 236 points, Nifty settles below 24,550; FMCG dips, IT shines

Markets Highlights: 35 out of 50 Nifty50 constituent stocks ended in the red, dragged by NTPC, Hindustan Unilever, Coal India, Hero MotoCorp, and BPCL

2:41 PM

Stock Market LIVE Updates: SBI adds to record samurai loan boom with $197 million debt facility

Stock Market LIVE Updates: State Bank of India, the country’s largest lender, is seeking a ¥30 billion ($197 million) facility, according to people familiar with the matter, adding to a record volume of yen loans raised by borrowers in Asia excluding Japan this year. READ MORE 

2:36 PM

Stock Market LIVE Updates: GHCL climbs 7%; hits record high on environmental nod for soda ash project

Stock Market LIVE Updates: Shares of GHCL hit a record high of Rs 744, as they rallied 7 per cent on the BSE in Thursday’s intra-day trade after the company received environment clearance for a greenfield soda ash project. The stock has recovered 9 per cent from the day’s low of Rs 683.50. It surpassed its previous high of Rs 726 that it touched on August 27, 2024. In comparison, the BSE Sensex was down 0.23 per cent at 81,342 at 01:39 PM. READ MORE 

2:29 PM

Stock Market LIVE Updates: Emami dips 3% after being fined Rs 15 lakh in Fair & Handsome ads case

Stock Market LIVE Updates: Emami shares declined 2.7 per cent on Thursday and logged an intraday low of Rs 605 per share on BSE. The weakness in the stock came a day after the Central Delhi District Consumer Dispute Redressal Commission imposed a Rs 15 lakh fine on the company for its unfair trade practices in connection with its Fair and Handsome fairness cream.

 

Around 1:36 PM, Emami share price was down 2.68 per cent at Rs 605.45 per share on BSE. In comparison, the BSE Sensex was down 0.29 per cent at 81,289.46. READ MORE

 

 

2:20 PM

Stock Market LIVE Updates: Sai Life Sciences IPO fully subscribed on Day 2; QIBs drive demand

Stock Market LIVE Updates: Rs 3,042 crore public offering of Sai Life Sciences, which opened for subscription yesterday, December 11, 2024, has been fully subscribed on the second day of its subscription.

As per data available on the National Stock Exchange (NSE), Sai Life Sciences received consolidated bids for 3,92,14,098 shares against 3,88,29,848 on offer, thus getting oversubscribed by 1.01 times as of around 2:00 PM on Thursday, December 12, 2024. READ MORE

 

 

2:11 PM

Stock Market LIVE Updates: Noida Airport partners Mahindra Logistics Mobility for e-taxi service

Stock Market LIVE Updates: The upcoming Noida International Airport (NIA) on Thursday said it has partnered with Mahindra Logistics Mobility to provide a premium, all-electric taxi service for passengers flying to and from the facility.

 

The round-the-clock and seven days-a-week service will feature premium pick-up and drop-off facilities located at the arrival and departure kerbs, minimising walking distance, NIA said. READ MORE
 

 

2:07 PM

Stock Market LIVE Updates: Adani Group shares trade firm; Power, Green Energy stocks gain up to 9%

Stock Market LIVE Updates: Shares of Adani Group companies were trading firm, after gaining up to 9 per cent on the BSE in Thursday’s intra-day trade amid heavy volumes in an otherwise subdued market.

 

Adani Green Energy (Rs 1,248.90) and Adani Power (Rs 561.85) have rallied 9 per cent and 8 per cent, respectively. Adani Total Gas, Adani Energy Solutions, Adani Enterprises, Adani Ports and Special Economic Zone (SEZ) and Adani Wilmar were up in the range of 2 to 5 per cent in intra-day trades. In comparison, the BSE Sensex was down 0.08 per cent at 81,458 at 11:33 AM. READ MORE

 

 

2:01 PM

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

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading lower on Thursday.

At 2 PM, the BSE Sensex was at 81,287.78, lower by 238.36 points, or 0.29 per cent, while the Nifty 50 was at 24,551.95, down by 89.85 points, or 0.36 per cent.

 

1:55 PM

Stock Market LIVE Updates: Final Hours! Toss The Coin IPO closes today: GMP up 109%; Details here

Stock Market LIVE Updates:  The unlisted shares of Toss The Coin, whose initial public offering (IPO) is set to close for subscription today, commanded a strong premium on Thursday, December 12, 2024. Sources tracking unofficial market activities revealed that Nisus Finance shares were trading at Rs 381 apiece, reflecting a grey market premium (GMP) of Rs 199 or 109 per cent against the upper end of the IPO price band of Rs 182. READ MORE

 

1:46 PM

Stock Market LIVE Updates: Sebi issues warning letter to HDFC Bank for alleged non-compliance

Stock Market LIVE Updates: The Securities and Exchange Board of India (Sebi) issued an administrative warning letter to HDFC Bank regarding alleged non-compliance with multiple regulations. In an exchange filing on Thursday, the bank said that Sebi claimed non-compliance with the following regulations:

1. Sebi (Merchant Bankers) Regulations, 1992

2. Sebi (Issue of Capital and Disclosure Requirements) Regulations, 2018

3. Sebi (Prohibition of Insider Trading) Regulations, 2015 

The warning was issued on December 9 and received on December 11 by the bank. READ MORE

 

 

1:37 PM

Stock Market LIVE Updates: What led Adani Green Energy share to rally 9% on Dec 12? Check details here

Stock Market LIVE Updates: Adani Green Energy Limited (AGEL) shares were buzzing in trade on Thursday, December 12, 2024, as the scrip zoomed up to 8.77 per cent to hit an intraday high of Rs 1,248.90 per share.

 

The rise in Adani Green Energy share price came after the company announced that its step-down subsidiary Adani Green Energy Twenty Five Limited, has commissioned a 250 MW solar power project at Badi Sid, Jodhpur, Rajasthan. READ MORE

 

1:30 PM

Stock Market LIVE Updates: Share market: Midcaps to buy; HDFC AMC, Grindwell, Bayer Crop, L&T Finance

Stock Market LIVE Updates: These 4 midcap stocks - HDFC AMC, Grindwell Norton, Bayer CropScience and L&T Finance - have given a fresh breakout on the daily scale; thus suggesting a possible favourable trading action in the near-term.

 

A common technical factor in these 4 stocks is that they all managed to breakout above the super trend line resistance on the daily scale on Wednesday. In general, stocks trading above the super trend line tend to attract more buyer interest. READ MORE

 

1:22 PM

Stock Market LIVE Updates: Waaree Energies up 4% after arm receives LoA for 170 MW solar plant in MP

Stock Market LIVE Updates: Waaree Energies shares gained 4 per cent in trade on Thursday and logged an intraday high of Rs 3,303.25 per share on BSE. The buying in the stock came after company arm Waaree Forever Energies received a Letter of Award (LoA) for the development of a 170 MW Solar power plant in Madhya Pradesh, from Rewa Ultra Mega Solar Limited (RUMSL).

 

Around 10:25 AM, Waaree Energies share price was up 2.75 per cent at Rs 3,261.2 per share on BSE. In comparison, BSE Sensex was down 0.01 per cent at 81,516.37. READ MORE

 

1:19 PM

Stock Market LIVE Updates: US raises tariffs on Chinese solar wafers, polysilicon, tungsten imports

Stock Market LIVE Updates: The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect US clean energy businesses.

 

The notice from the US Trade Representative's office said tariffs on Chinese-made solar wafers and polysilicon will rise to 50 per cent and duties on certain tungsten products will increase to 25 per cent, effective on Jan. 1, following a review of Chinese trade practices. READ MORE

 

 

1:13 PM

Stock Market LIVE Updates: Inventurus Knowledge Solutions IPO opens today: GMP up 32%; Should you bid?

Stock Market LIVE Updates: Rekha Jhunjhunwala-backed initial public offering (IPO) of Inventurus Knowledge Solutions opens for public subscription today, December 12, 2024. At the upper end of the price band, the company seeks to raise Rs 2,497.92 crore through the offering, which comprises an entirely offer for sale (OFS) of 18,795,510 equity shares.

The company announced that it raised Rs 1,120.18 crore from anchor investors in the bidding concluded on December 11, 2024. READ MORE

 

1:12 PM

Stock Market LIVE Updates: Tata Communications launches AI-based suite of customer interaction tool Kaleyra AI

Stock Market LIVE Updates: Tata Communications today announced the launch of Kaleyra AI, an artificial intelligence-powered suite of communication tools for customer interactions.

The company, in an exchange filing, said, the suite will initially offer three distinct capabilities, including GenAI template generator for WhatsApp, Conversational AI data reporting, and conversational AI No-code builder.