Market Close Highlights: Fab Friday! Sensex ends 843pts up, soars 2050pts from low; Nifty at 24,768

Markets Highlights: Friday ended in favour of the bulls, as 41 out of 50 constituent stocks ended in the green, led by Bharti Airtel, ITC, Kotak Mahindra Bank, Hindustan Unilever, and UltraTech Cement

8:52 AM

Stock Market LIVE Updates: Delhi High Court junks Rs 5,454 crore demand against Indus Towers

Stock Market LIVE Updates: The Delhi High Court on Thursday allowed a plea challenging the show-cause notice (SCN) seeking to deny the input tax credit (ITC) on inputs and input services used for setting up passive infrastructure and quashed the Rs 5,454 crore demand raised against Indus Towers Ltd.

 

A Division Bench comprising Justice Yashvant Verma and Justice Dharmesh Sharma pronounced the judgment. The court had earlier granted a stay on October 21 this year, restraining the GST (Goods and Services Tax) authorities from passing the final order. READ MORE

 

8:50 AM

Stock Market LIVE Updates: We should double in size in 5 years, says Bajaj Finance MD Rajeev Jain

Stock Market LIVE Updates: Bajaj Finance has recently unveiled its long-range strategy for the next five years, where it said the company will pivot from financial technology to FinAI. Rajeev Jain, managing director of Bajaj Finance, shares the milestones the company aims to achieve in the next five years in a telephonic conversation with Business Standard. READ MORE

 

8:46 AM

Stock Market LIVE Updates: India needs to ramp up structural reforms: World Bank Chief Economist Gill

Stock Market LIVE Updates: World Bank Chief Economist Indermit Gill said on Thursday that although India is better positioned than many of its peers to navigate the current global challenges, it should accelerate its structural reforms.

“Time is of the essence for India to accelerate its structural reforms, and the changes needed are not happening quickly enough,” Gill said, urging policymakers to capitalise on the economy’s strengths while addressing inefficiencies and fostering institutional resilience. READ MORE

 

8:44 AM

Stock Market LIVE Updates: India must address challenges to unlock its FDI potential: Sanjay Nayar

Stock Market LIVE Updates: With concerns about slowing economic growth and declining foreign direct investment (FDI) inflows, Sanjay Nayar, former head of India for KKR & Co and Citigroup, and now the founder of venture capital fund Sorin Investments and president of Assocham, shares his strategy for putting India back on the path to long-term growth with Business Standard. READ MORE

 

 

8:39 AM

Stock Market LIVE Updates: PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

Stock Market LIVE Updates: The year 2024 was a roller-coaster ride for Indian stock markets, marked by volatility driven by the Lok Sabha elections, Union Budget 2024, a slowdown in corporate earnings and sticky inflation.

 

Geopolitical tensions — particularly between Israel and Iran in West Asia — along with various stimulus announcements by China and yen carry trade rocked the equity markets throughout the year. READ MORE

 

 

8:37 AM

Stock Market LIVE Updates: Sebi likely to tighten norms for SME listing, widen UPSI definition

Stock Market LIVE Updates: The Securities and Exchange Board of India (Sebi) is likely to tighten rules around small and medium enterprises (SMEs) initial public offerings (IPOs) and widen the definition of unpublished price-sensitive information (UPSI).

 

The decisions are likely at the board meeting on December 18, informed sources. READ MORE

 

8:35 AM

Stock Market LIVE Updates: RIL, HDFC Bank, JK Tyre and Zomato, among stocks to watch today

Stock Market LIVE Updates: Russia’s state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major RIL in the largest-ever energy deal between the two countries, as per reports. READ MORE

 

8:33 AM

Stock Market LIVE Updates: HPCL share price: Nandish Shah of HDFC Sec suggests 'Bull Spread' strategy

Stock Market LIVE Updates: Buy HPCL (26-Dec Expiry) 420 CALL at Rs 6 & simultaneously sell 430 CALL at Rs 3.5

Lot Size: 2,025
 

Cost of the strategy: Rs 2.5 (Rs 5,063 per strategy) READ MORE

 

8:31 AM

Stock Market LIVE Updates: Sebi trying to reduce float to cut risk, bring transparency: WTM Narayan

Stock Market LIVE Updates: Cash equivalent collateral of over Rs 4.5 trillion is placed with stock brokers, custodians, clearing corporations, and other market intermediaries as float, which the market regulator is trying to reduce to mitigate risk and bring transparency, Ananth Narayan, whole-time member (WTM) of the Securities and Exchange Board of India (Sebi), said on Thursday. READ MORE

 

8:30 AM

Stock Market LIVE Updates: Mutual funds go big on fresh issuances in November, shows data

Stock Market LIVE Updates: Fresh issuances in the equity market cornered the bulk of the mutual fund’s (MF) equity investments in November. Swiggy and  NTPC Green--which made their market debuts last month-- along with Zomato dominated the MFs equity buy chart, cornering a cumulative investment of Rs 15,000 crore.

Zomato has raised Rs 8,500 crore through a qualified institutional placement (QIP) in November. READ MORE

 

8:29 AM

Stock Market LIVE Updates: Nov retail inflation eases to 5.48%; industrial output grows 3.5% in Oct

Stock Market LIVE Updates: With the slowdown in food prices and a high base, which is favourable, India’s retail inflation rate, based on the consumer price index (CPI), fell within the Reserve Bank of India’s (RBI’s) tolerance band at 5.48 per cent in November, from a 14-month high of 6.21 per cent in October, raising hopes of a much anticipated policy rate cut in the February review.    

Separately, industrial production appears to be on the rebound. The index of industrial production (IIP) grew 3.5 per cent in October from 3.1 per cent in September. READ MORE

 

8:24 AM

Stock Market LIVE Updates: Markets today: Inflation at 5.48%; Nov WPI; Wall St falls; Gemmological IPO

Stock Market LIVE Updates: Weak global cues led by the lower close on Wall Street, GIFT Nifty levels may influence Indian benchmarks, Nifty and Sensex, today. However, better-than-expected inflation figures may generate some cushioning effects for the markets. At 7:25 AM, GIFT Nifty futures were trading 105 points lower at 24,543 levels, hinting at a gap-down start. READ MORE

8:23 AM

Stock Market LIVE Updates: Gold falls Rs 10 to Rs 79,460, silver climbs Rs 100 to Rs 96,600 per kg

Stock Market LIVE Updates: The price of 24-carat gold fell Rs 10 in early trade on Friday, with ten grams of the precious metal trading at Rs 79,460 according to the GoodReturns website. In contrast, the price of silver climbed up Rs 100, with one kilogram of the precious metal selling at Rs 96,600. The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 72,840. READ MORE

8:21 AM

Stock Market LIVE Updates: Asian markets mostly in red

Stock Market LIVE Updates: Asian markets mostly in red; Hang Seng dow 1.5 per cent

8:18 AM

Stock Market LIVE Updates: Wall Street ends in negative territory

Stock Market LIVE Updates: Wall Street ends in negative territory; Nasdaq slips below 20,000-mark