Stock Market Crash LIVE Updates: Financial, Oil, Auto stocks drag Sensex 850 pts lower to 80,900

Markets Crash Today LIVE: Benchmark Indian equity indices were trading lower on Tuesday, as investors awaited key policy rate decision from the US Federal Reserve later this week

10:38 AM

Stock Market LIVE Updates: IGI IPO closes today: Check subscription status, GMP, and listing schedule

Stock Market LIVE Updates: The three-day subscription window for the Rs 4,225 crore initial public offering (IPO) of International Gemmological Institute (India) is set to conclude today, Tuesday, December 17, 2024.

 

The IGI IPO, which opened for public subscription on Friday, December 13, 2024, has so far witnessed subdued participation from investors. The public offering has received bids for 4,24,06,035 shares against the 5,85,60,902 shares on offer, resulting in a subscription of 0.72 times by the end of December 16, 2024. READ MORE

 

 

10:33 AM

Stock Market LIVE Updates: Which newly listed stocks may see changes in Amfi stock reclassification?

Stock Market LIVE Updates: The Association of Mutual Funds in India (Amfi) is expected to announce its semi-annual stock recategorisation, likely in the first week of January 2025.

 

Ahead of the announcement, Nuvama Alternative and Quantitative Research has released a list of "potential" changes in market-capitalisation (market-cap or m-cap) recategorisation of various stocks, including Rail Vikas Nigam, ICICI Prudential Life Insurance, Indus Towers, Hyundai Motors India, Swiggy, Bajaj Housing Finance, Adani Total Gas, IndusInd Bank, IDBI Bank, Waaree Energies, and Ola Electric Mobility among others. READ MORE

 

 

10:24 AM

Stock Market LIVE Updates: SPARC signs LoI with UCSF for 55% stake in Tiller Therapeutics & oncology assets IP

Stock Market LIVE Updates: Sun Pharma Advanced Research Company (SPARC) today announced the signing of a binding Letter of Intent (LOI) with the University of California, San Francisco (UCSF), through the office of OTMA, and Tiller Therapeutics Inc. (Tiller), to license SPARC’s rights in the joint intellectual property (IP) held between SPARC and UCSF for pre-clinical oncology asset along with associated IP. The LOI outlines the key terms of license and rights for development and commercialisation by Tiller.

The company, in an exchange filing, said, "Under the terms of the LOI, SPARC will receive 55 per cent equity stake in Tiller upon execution of LOI. The equity will vest in two tranches; 45 per cent equity will vest upon execution of license agreement and the remaining 10 per cent equity will vest at the earlier of achievement of certain milestones by Tiller or within 6 months of execution of license agreement".

Other terms of the license will be outlined in the license agreement, it added.

 

10:22 AM

Stock Market LIVE Updates: Quess Corp zooms 9%; Antique initiates coverage on stock with 'Buy' call

Stock Market LIVE Updates: Quess Corp shares advanced 9.2 per cent in Tuesday's trade and recorded an intraday high at Rs 732.65 per share on BSE on an improving outlook. On NSE, 2.43 million shares changed hands, while on BSE 0.064 million shares were traded.

 

Around 9:48 AM, Quess share price was up 9.01 per cent at Rs 730.85 per share on BSE. In comparison, the BSE Sensex was down 0.44 per cent at 81,386. The market capitalisation of the company stood at Rs 10,862.31 crore. The 52-week high of the stock was at Rs 875 per share and the 52-week low was at Rs 460 per share. READ MORE

 

10:17 AM

Stock Market LIVE Updates: Jungle Camps India IPO listing today: Shares list at 90% premium on BSE SME

Stock Market LIVE Updates: Jungle Camps India made a remarkable debut on the BSE SME today, listing at Rs 136.80 per share, a 90 per cent premium over the IPO allotment price of Rs 72.

 

Jungle Camps India IPO listing performance outshined grey market expectations. Ahead of the IPO debut, Jungle Camps India's unlisted shares were trading at Rs 132 in the grey market, reflecting a premium of Rs 60 or 83.33 per cent over the upper end of the IPO price band of Rs 72, as per the sources tracking unofficial market activities. READ MORE

 

 

10:07 AM

Stock Market LIVE Updates: Bumper debut! Toss The Coin lists at 90% premium, hits upper circuit later

Stock Market LIVE Updates: Shares Toss The Coin made a solid debut on the BSE SME today, continuing their upward momentum to hit the upper circuit within a few minutes of listing. The company's stock listed at Rs 345.8 a piece, a 90 per cent premium over the IPO allotment price of Rs 182.

After listing, the stock gained an additional 5 per cent, surging 99.4 per cent from the issue price to reach the upper circuit of Rs 363.05 apiece on the BSE SME. READ MORE

 

 

10:01 AM

Stock Market LIVE Updates: 10 AM market update - Sensex, Nifty extend losses

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading lower on Tuesday, amid mixed global cues.

At 10 AM, the BSE Sensex was lower by 472.77 points, or 0.58 per cent, at 81,275.80, and the Nifty 50 was at 24,520.30, lower by 147.95 points, or 0.6 per cent.

 

9:56 AM

Stock Market LIVE Updates: Nitco climbs nearly 5% as co bags order worth Rs 10.54 crore from Prestige Estates

Stock Market LIVE Updates: The company has received an order worth Rs 10.54 crore from Prestige Estates Projects.

 

9:54 AM

Stock Market LIVE Updates: Gravita India gains 6.6% after launching a QIP to raise 75 crore

Stock Market LIVE Updates: The recycling player has launched a Qualified Institutional Placement (QIP) to raise Rs 75 crore, with an option to upsize the issue.

 

9:52 AM

Stock Market LIVE Updates: PNB Gilts drops nearly 5% as MD & CEO Vikas Goel resigns, effective Dec 23, 2024

Stock Market LIVE Updates: Vikas Goel has resigned as the Managing Director & CEO of PNB Gilts, effective December 23, 2024.

 

9:49 AM

Stock Market LIVE Updates: Mawana Sugars drops 2.7% as Anti-Corruption Branch seeks info of sugar purchases

Stock Market LIVE Updates: The company’s units have received notices from the Anti-Corruption Branch of the Government of National Capital Territory of Delhi, seeking information regarding transactions made by an agent in sugar purchases.

 

9:45 AM

Stock Market LIVE Updates: Vedanta down over 1% after board approves 4th interim dividend of Rs 8.5 per share

Stock Market LIVE Updates: The company's board has approved a fourth interim dividend of Rs 8.5 per share, amounting to Rs 3,324 crore.

 

9:42 AM

Stock Market LIVE Updates: RVNL climbs 2.5% as co bags orders worth Rs 270 crore

Stock Market LIVE Updates: The company has received a letter of acceptance from Maharashtra Metro Rail Corporation for an order worth Rs 270 crore.

 

9:39 AM

Stock Market LIVE Updates: Oriana Power jumps 9% after co signs MoU with Rajasthan to explore RE projects

Stock Market LIVE Updates: The company signed an MOU with Rajasthan for exploring renewable energy projects, with potential investment opportunities worth up to Rs 10,000 crore.

 

9:37 AM

Stock Market LIVE Updates: Varun Beverages climbs nearly 2% after co buys 40% stake in LunarMech

Stock Market LIVE Updates: Varun Beverages has acquired 39.93 per cent of the issued and paid-up equity share capital of LunarMech.