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

9:17 AM

Stock Market LIVE Updates: Sensex opened over 100 pts lower above 82,000

Stock Market LIVE Updates: Sensex opened over 100 pts lower above 82,000

 

9:15 AM

Stock Market LIVE Updates: A direct fall below 24,530 could weaken bullish momentum'

Stock Market LIVE Updates: Nifty outlook: "The steepness of last Friday’s rise may restrain buyers from chasing upsides right away. But dips to 24,640/630 region could see bulls regrouping again, improving the prospects of a 25,600 move. Alternatively, a direct fall below 24,530 could considerably weaken the bullish momentum."

Views by: Anand James, Chief Market Strategist, Geojit Financial Services

 

9:14 AM

Stock Market LIVE Updates: 'Investors should not assume that the FIIs will continue to buy'

Stock Market LIVE Updates: "The excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions about the near-term market trend. The huge positions in F&O segments are causing such heightened volatility in the market. The 500 point move in the nifty from the day’s trough to the peak indicates massive short covering.
 

While FIIs turning buyers in December, so far, after the relentless selling in the previous two months is positive, investors should not assume that  the FIIs will continue to buy. Strong dollar and high bond yields in the US are headwinds for capital flows. Slowdown in GDP growth and stagnant earnings growth are hurdles in the path of the bull. A rally will sustain only if the data regarding growth and earnings show recovery. This will take some time."

 

Views by: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

9:13 AM

Stock Market LIVE Updates: A glimpse at broader market in pre open

Stock Market LIVE Updates: Nifty Midcap 100 and Smallcap 100 traded in green in pre open.

9:07 AM

Stock Market LIVE Updates: BSE gainers & loser in pre open

Stock Market LIVE Updates: Asian Paints, IndusInd Bank, Reliance Industries (RIL) were among the top gainers on BSE Sensex in pre open.

 

9:05 AM

Stock Market LIVE Updates: Nifty below 24,700 in pre open

Stock Market LIVE Updates: NSE Nifty was down over 100 points in the pre-opening session below 24,700

 

9:04 AM

Stock Market LIVE Updates: Sensex down over 200 pts in pre open

Stock Market LIVE Updates: BSE Sensex was down over 200 points below 81,950 in the pre open 

8:58 AM

Stock Market LIVE Updates: Vishal Mega Mart IPO allotment today: Check status, GMP, and more

Stock Market LIVE Updates: The basis of allotment  Vishal Mega Mart IPO shares is likely to be finalised today, Monday, December 16, 2024. The public offering closed for subscription on Friday, December 13, 2024, receiving decent participation from investors. 

 

Offered at a price band of Rs 265-Rs 279 with a lot size of 53 shares, Vishal Mega Mart IPO received bids for 20,64,25,17,700 shares against the 75,67,56,757 shares offered, leading to an oversubscription of 27.28 times by the end of the subscription period, as per BSE data. READ MORE

 

8:57 AM

Stock Market LIVE Updates: China's industrial output rises, weak consumption pressures economy

Stock Market LIVE Updates: China's industrial output growth quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to ramp up stimulus for a fragile economy as it braces for more US trade tariffs under a second Trump administration.

 

China's industrial output grew 5.4 per cent in November year-on-year, up from the 5.3 per cent pace seen in October, data from the National Bureau of Statistics (NBS) showed on Monday, beating expectations for a 5.3 per cent increase in a Reuters poll. READ MORE

 

8:55 AM

Stock Market LIVE Updates: Street Signs: Blow for unlisted trading platforms, LIC boost for REIT mkt

Stock Market LIVE Updates: NSE Indices, a subsidiary of the National Stock Exchange, has announced 19 changes to the Nifty 200 Momentum 30 Index, which tracks the top 30 companies from the Nifty 200 based on their normalised momentum score (NMS).

New additions to the index include Zomato, Tech Mahindra, HCLTech, and Infosys, while NTPC, Bajaj Auto, Adani Ports and Special Economic Zone, and REC have been removed. READ MORE

 

 

8:49 AM

Stock Market LIVE Updates: Bitcoin surges to record high above $106,000 on strategic reserve hopes

Stock Market LIVE Updates: Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from President-elect Donald Trump that suggested he plans to create a US bitcoin strategic reserve similar to its strategic oil reserve.

 

Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688. Smaller crypto ether rose nearly 3 per cent to 4,014. READ MORE

 

 

8:47 AM

Stock Market LIVE Updates: Mobikwik IPO allotment today: Check status, GMP, expected listing price

Stock Market LIVE Updates: Mobikwik IPO allotment today:The basis of allotment for the shares of One Mobikwik Systems, digital payments services provider, is scheduled for today, Monday, December 16, 2024.

The three-day subscription window for the Mobikwik IPO closed on Friday, December 13, 2024, receiving a strong participation from investors. READ MORE

 

8:45 AM

Stock Market LIVE Updates: Align investment horizon with portfolio duration for short-term debt funds

Stock Market LIVE Updates: Shorter-duration debt funds received the bulk of inflows into debt mutual funds in November 2024. Overnight funds (Rs 2,019 crore), ultrashort duration funds (Rs 2,962 crore), low duration funds (Rs 4,374 crore), and money market funds (Rs 2,426 crore) were the main beneficiaries. READ MORE

 

 

8:40 AM

Stock Market LIVE Updates: FinMin unlikely to introduce new Income-Tax Bill in Budget session

Stock Market LIVE Updates: The finance ministry is unlikely to introduce the new Income-Tax Bill in the upcoming Budget session of Parliament, though the internal committee formed under Chief Income-Tax Commissioner V K Gupta for the review of the Income-Tax Act is likely to submit its report before the presentation of the FY26 Budget. READ MORE

8:35 AM

Stock Market LIVE Updates: IPO fever hits D-Street: 4 opening, 11 listing to lure investors next week

Stock Market LIVE Updates: Investors will have their eyes glued to the screens next week as 13 initial public offerings (IPOs) are set to dominate the primary markets. The action-packed schedule spans Monday, December 16, 2024, to Friday, December 20, 2024.

 

From the mainline segment, Mamata Machinery and Transrail Lighting are set to open their public offerings. Additionally, the week will see further developments in five mainboard IPOs that have already opened for subscription, including One Mobikwik Systems, Vishal Mega Mart, Sai Life Sciences, Inventurus Knowledge Solutions, and International Gemmological Institute. READ MORE