Stock Market Close Highlights: Sensex sheds 384pts, Nifty ends at 24,668; Realty shares outperform

Markets Today: Monday ended broadly in favour of the bears as 36 out of 50 constituent stocks of Nifty50 ended in the red, dragged down by Titan, TCS, Hindalco, Adani Ports, and BPCL

10:30 AM

Stock Market LIVE Updates: PG Electroplast extends rally on healthy outlook; zooms 54% in 1 month

Stock Market LIVE Updates: PG Electroplast shares hit a new high of Rs 960.75, gaining 4 per cent on the BSE in Monday’s intra-day trade in an otherwise subdued market on a healthy outlook. The stock of the consumer electronics company has continued trading at its upward movement after successfully raising Rs 1,500 crore via a qualified institutional placement (QIP) issue.

 

Currently, PG Electroplast is trading 37 per cent higher over its QIP issue price of Rs 699 per share. In comparison, the BSE Sensex was down 0.35 per cent at 81,849 at 09:33 AM. READ MORE

 

 

10:25 AM

Stock Market LIVE Updates: DMart opens three new stores; two in Rajasthan, and one in Gujarat

Stock Market LIVE Updates: DMart, operated by Avenue Supermarts, informed on Sunday that it has opened three new store, taking its total store count to 387. 

The company, in an exchange filing, said, "The Company has opened 3 (three) new stores today at following locations: 1) Beawar (Rajasthan); 2) Bikaner (Rajasthan); and 3) Jetpur, Rajkot (Gujarat)".

 

10:20 AM

Stock Market LIVE Updates: Godavari Biorefineries to raise capacity at Sameerwadi facility by 200 KLPD

Stock Market LIVE Updates: Godavari Biorefineries working to increase corn/grain-based distillery capacity at Sameerwadi manufacturing facility by 200 KLPD. 

The company, in an exchange filing, said, it expects the capacity addition to be completed by Q4 FY26, with a total investment of Rs 130 crore. 

 

10:16 AM

Stock Market LIVE Updates: Zinka Logistics shares tank 5% after net loss rises in Q2 results; details

Stock Market LIVE Updates: Shares of Zinka Logistics slipped as much as 5.44 per cent at Rs 400.30 per share on the BSE in Monday’s intraday deals. This came after the company reported its earnings for the second quarter of the financial year 2024-25 (Q2FY25).

 

Zinka Logistics reported a net loss of 270 crore rupees for Q2 FY25, compared to a loss of 47.7 crore rupees in the same period last year. However, the company posted a profit of 28.7 crore rupees in Q2, showing a quarter-on-quarter improvement. READ MORE

 

 

10:10 AM

Stock Market LIVE Updates: Dixon, Vivo form JV to make smartphones in India; shares scale record high

Stock Market LIVE Updates: Shares of electronics manufacturer Dixon Technologies rose as much as 2.68 per cent to hit a record high (all-time high) of Rs 18,439.60 per share on Monday, December 16, 2024. 

 

Dixon Technologies' share price surged following the announcement of a binding term sheet with Vivo India on December 15, 2024, to establish a joint venture in India. The venture will focus on original equipment manufacturing (OEM) of electronic devices, including smartphones. READ MORE

 

 

10:02 AM

Stock Market LIVE Updates: 10 AM market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were muted as markets continued on a volatile note on Monday, amid mixed global cues.

At 10 AM, the BSE Sensex was 146.34 points, or 0.18 per cent lower at 81,986, while the Nifty 50 was at 24,734, down 34 points, or 0.14 per cent.

 

9:51 AM

Stock Market LIVE Updates: Market outlook 2025: Brokerages on opportunities, risks, investible themes

Stock Market LIVE Updates: From the outcome of the general elections and then Union Budget to tepid corporate earnings in the September 2024 quarter (Q2-FY25), sticky inflation and Reserve Bank of India’s stance on interest rates, extreme weather conditions, Indian stock markets have braved it all in calendar year 2024.

 

At the global level, too, uncertainty surrounding the US presidential elections, geopolitical conflicts in West Asia, China’s stimulus to prop up its economy and the yen carry trade, the Indian markets were mostly resilient to these headwinds. READ MORE

 

 

9:49 AM

Stock Market LIVE Updates: Gautam Chhaochharia and Tanvi Gupta Jain of UBS on India outlook for 2025

Stock Market LIVE Updates: Gupta Jain, says inflation is going to soften pretty sharply; the number is already going down from 6.2 per cent in October to 5.5 in November. Forecast shows inflation softening to 5.4 per cent by March.

Policy stance and rate cut cycle is going to start in India. Regarding the quantum of cut, question is, how much opportunity India has in light of US tariffs on China. 

9:42 AM

Stock Market LIVE Updates: Gautam Chhaochharia and Tanvi Gupta Jain of UBS on India outlook for 2025

Stock Market LIVE Updates: Chhaochharia says Industrials the space to be in, given valuations and earnings momentum. Not convinced about the pharma sector. 

Renewables sector, across value chain, looks exciting. Only seeing the early stage of the listed space participating in that.

 

9:37 AM

Stock Market LIVE Updates: Gautam Chhaochharia and Tanvi Gupta Jain of UBS on India outlook for 2025

Stock Market LIVE Updates: Chhaochharia says less worried about valuations in India as domestic flows are strong; no reason to think its stopping anytime soon. 

 

Consolidation phase, scale of growth will depend on policy stance and reforms agenda.

If it's doule digit earnings growth which is linked to the policy stance, markets will be fine. We should still expect a single digit, or low double digit growth.

 

9:29 AM

Stock Market LIVE Updates: Gautam Chhaochharia and Tanvi Gupta Jain of UBS on India outlook for 2025

Stock Market LIVE Updates: Jain says growth momentum in India is clearly slowing. In early 2025, we'll know what US tariffs will be imposed on China, and that'll lead to downside not only for China, but also for global economy.

So India would definitely need some monetary and fiscal support. Govt. capex has been lagging (YTD down 15 per cent). Even if the govt increases capex by 30 per cent, the full year capex is going to be 4 per cent.
 

There's definitely a need for monetary policy support, starting from first policy meeting next year. There's definitely room for a rate cut in this cycle. 

9:24 AM

Stock Market LIVE Updates: Gautam Chhaochharia & Tanvi Gupta Jain of UBS on 2025 India outlook on CNBC TV18

Stock Market LIVE Updates: Chhaochharia of UBS says our EM strategiest is still underweight on India on a relative basis for 2025.

For investors, it boils down to policy stance and reforms agenda.

India underperformed in last few months due to earnings miss and growth surprises.

9:22 AM

Stock Market LIVE Updates: Sensex gainers and losers

Stock Market LIVE Updates: JSW Steel, Titan, Tech Mahindra were among the top losers on BSE Sensex

9:21 AM

Stock Market LIVE Updates: Broader market indices in green

Stock Market LIVE Updates: During the open, Nifty Midcap 100 and Smallcap 100 traded in green.

 

9:19 AM

Stock Market LIVE Updates: Nifty below 24,750 during open

Stock Market LIVE Updates: NSE Nifty was down 20 points below 24,750 during open