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

3:53 PM

Stock Market Highlights LIVE Updates: Nifty has potential to reach 25,000 and higher in short term

The equity market in India witnessed a roller-coaster session on the day of the Sensex weekly expiry. On the lower end, the Nifty found support around the neckline of the inverse head-and-shoulders pattern, completing a retest before rallying towards higher levels.

Today's low also coincides with the 38.2 per cent retracement level of the previous rally. Going forward, the trend is likely to remain strong, with the potential to reach 25,000 and higher in the short term. On the lower end, support is placed at 24,550.

(View by: Rupak De, Senior Technical Analyst, LKP Securities.)

3:50 PM

Stock Market Highlights LIVE Updates: Expectation of increase in US spending is propelling IT sector

The domestic market smartly recovered from the day’s low and moved out of the consolidation path led by index heavyweights. A gradual easing in food inflation and a price hike by FMCG companies, along with a recent correction in valuation, supported the sector to outperform.

Currently, the market is anticipating a revival in consumer spending, driven by the festive season and year-end holidays, adding to the sentiments. Additionally, expectation of an increase in US spending is propelling the IT sector.

(View by: Vinod Nair, Head of Research, Geojit Financial Services.)

3:47 PM

Stock Market Highlights LIVE Updates: Broader indices end in red

The BSE SmallCap index closed 0.29 per cent lower, while the BSE MidCap index ended 0.08 per cent lower.

3:44 PM

Stock Market Highlights LIVE Updates: Shriram Finance, Tata Steel, IndusInd Bank fall on NSE

Shriram Finance, Tata Steel, and IndusInd Bank were among the top five losers on NSE.

3:43 PM

Stock Market Highlights LIVE Updates: Nifty FMCG, IT lead among sectoral trends

Nifty FMCG, IT, Bank, and Financial Services advanced among sectors on Friday.

3:39 PM

Stock Market Highlights LIVE Updates: 26 out of 30 stocks end in green

Bharti Airtel, ITC, and Kotak Bank were among the top gainers on the BSE Sensex.

3:36 PM

Stock Market Highlights LIVE Updates: Sensex closes 800 pts higher

The BSE Sensex closed 843 points or 1.04 per cent higher at 82,133 level. 

3:34 PM

Stock Market Highlights LIVE Updates: Nifty jumps over 200 pts, ends above 24,750

NSE's Nifty50 closed 219 points or 0.89 per cent higher at 24,768 level on Friday.

3:30 PM

Stock LIVE Updates: FMCG stocks rebound; ITC, HUL rally up to 5% from intra-day lows

Shares of fast moving consumer goods (FMCG) companies were in focus, bouncing back up to 5 per cent from their intra-day’s lows on Friday on value buying. ITC moved higher to Rs 474.35, bouncing back 5 per cent from its intra-day low of Rs 451.60 on the BSE. While, Hindustan Unilever (HUL) hit an intra-day high of Rs 2,394.50, and has recovered 3 per cent from its intra-day low of Rs 2,333.40. Read more

3:16 PM

Stock Market LIVE Updates: This microcap textile stock has zoomed 100% in 5 days; climbed 10% today

Shares of Mahalaxmi Rubtech have continued their upward trajectory, hitting a new high of Rs 311.10, and surging 10 per cent on the BSE in Friday’s intra-day trade amid heavy volumes. The stock price of the microcap company is trading higher for the fifth straight trading session, zooming 100 per cent from the level of Rs 155.60 on December 6, 2024. In comparison, the BSE Sensex was up 0.26 per cent during the period. Read more

3:02 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade at day's highs

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading higher on Friday, after recouping the losses from the day's lows.

At 3 PM, the BSE Sensex was 719.98 points, or 0.89 per cent higher at 82,002.94, while the Nifty 50 was at 24,743.70, up 195 points, or 0.79 per cent.

 

2:56 PM

Stock Market LIVE Updates: Aptech shares zoom 15% after winning multiyear project from state body

Stock Market LIVE Updates: Shares of Aptech rose as much as 15 per cent at Rs 202.70 per share on the BSE in Friday’s intraday deals. This came after the computer technology company received a letter of intent for a multi-year deal from a state government body.

 

Aptech was awarded a multi-year project from the said body to conduct computer based online examination with the tenure of examination being 3 years. READ MORE

 

2:46 PM

Stock Market LIVE Updates: Tata Motors 3-year bull-run under threat as stock tumbles 36% in 5 months

Stock Market LIVE Updates: The share price of Tata Motors has tumbled by 35.6 per cent from its all-time high of Rs 1,179 hit on July 30, 2024. In less than 5 months the stock has erased more than one-third of its value and now trades near its all-important super trend line on the monthly scale.

 

Three years ago, in January 2021 the stock gave a breakout above its then super trend line on the monthly scale and went on to zoom over 544 per cent or 6.4-fold to a high of Rs 1,179 this July. With the recent fall, the stock is now within striking distance of this long-term trend line which stands at Rs 734. READ MORE

 

 

2:37 PM

Stock Market LIVE Updates: Sebi issues guidelines for Algo trading for retail investors; CNBC TV18

2:28 PM

Stock Market LIVE Updates: Aether Industries down 5% in trade; Kotak initiates coverage with 'Reduce'

Stock Market LIVE Updates: Aether Industries shares slipped 4.6 per cent in trade and logged an intraday low of Rs 850.35 per share on BSE. On BSE 457.5 million shares were traded around 12:31 PM.

 

Meanwhile, Aether Industries share was down 1.41 per cent at Rs 879.6 per share on BSE. In comparison, the BSE Sensex was up 0.11 per cent at 81,382.85. The market capitalisation of the company stood at Rs 11,662 crore. The 52-week high of the stock was at Rs 1,066.3 per share and the 52-week low was at Rs 775 per share. READ MORE