Stock Market Crash Highlights: Sensex sinks 1064pts, Nifty ends below 24340; Auto, banks, metals dip

Markets Crash Today Highlights: The day ended in favour of bears as all the constituent stocks of Nifty50, barring Cipla and ITC, ended in the red

4:08 PM

Stock Market Highlights LIVE Updates: Nifty has fallen below the 21-EMA, indicating a rise in bearish bets

Nifty slipped sharply following the formation of a Harami pattern on the daily timeframe. The index has fallen below the 21-EMA, indicating a rise in bearish bets in the market. Additionally, the indicator is in a bearish crossover, further supporting the negative sentiment.

The short-term outlook remains weak, with the potential for a decline towards 24,200, where an initial round of support is expected. A meaningful recovery might be seen if Nifty does not break decisively below 24,200.

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

4:07 PM

Stock Market Highlights LIVE Updates: A record-high trade deficit is exacerbating the pressure on markets

Widespread pessimism prevails across all sectors ahead of key policy decisions from the US Fed, BoJ, and BoE. While the market has already factored in a 25bps cut from the US Fed, it remains vigilant for any hawkish signals. The BoJ and BoE are largely expected to maintain their current rates for the year. Concurrently, the INR has depreciated to an all-time low, and a record-high trade deficit is exacerbating the pressure. FII outflows persist due to rising US bond yields and a strengthening dollar, further contributing to the prevailing pessimism.

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

4:06 PM

Stock Market Highlights LIVE Updates: Nifty PSU Bank, Auto, Metal lead losses among sectors

Nifty PSU Bank, Auto, Metal lead losses among sectors.

3:44 PM

Stock Market Highlights LIVE Updates: Shriram Finance, Grasim Industries, HeroMoto Corp fall up to 5%

Shriram Finance, Grasim Industries, and HeroMoto Corp fall up to 5 per cent on NSE.

3:41 PM

Stock Market Highlights LIVE Updates: Broader indices fall

The BSE SmallCap index slipped 0.52 per cent, while the BSE MidCap index tanked 0.65 per cent.

3:38 PM

Stock Market Highlights LIVE Updates: 29 out of 30 stocks end in red on Sensex

JSW Steel and Bharti Airtel fell 3 per cent each on the BSE Sensex, followed by the likes of IndusInd Bank and TCS among others.

3:35 PM

Stock Market Highlights LIVE Updates: Nifty ends below 24,350

The NSE's Nifty50 closed at 24,336, down 332.25 points or 1.35 per cent.

3:33 PM

Stock Market Highlights LIVE Updates: Sensex ends over 1,000 pts down

The BSE Sensex closed at 80,684.45, down 1064.12 points or 1.30 per cent on Tuesday.

3:17 PM

Stock market outlook 2025: PL Capital bets on these sectors amid volatility

Amid uncertainty in the Indian equities, both the National Stock Exchange (NSE) Nifty50 and BSE Sensex have declined 5.9 per cent and 4.9 per cent respectively from their record peaks.

 

The selling pressure accentuated in November owing to stretched valuations and weak July-September (Q2) quarter earnings, with Nifty earnings growing at their slowest pace since June 2020. Read more

3:16 PM

Stock Market LIVE Updates: Market regulator Sebi weighs easing norms for Alternative Investment Funds

India’s market regulator may relax some of the regulations governing the $53 billion alternative investment funds sector, after a series of measures aimed at curbing the industry’s erring ways seemed to have worked, a top official said. 

 

“With the checks and balances now in place, we are in a position to consider greater product and innovation flexibility to AIFs,” Ananth Narayan, a whole-time member of the Securities and Exchange Board of India board said at an event in Mumbai on Tuesday. He did not elaborate. Read more

3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade lower

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

At 3 PM, the BSE Sensex was lower by 1037.85 points, or 1.27 per cent, at 80,710.72, and the Nifty 50 was at 24,329.65, lower by 338.60 points, or 1.37 per cent.

 

2:53 PM

Stock Market LIVE Updates: ITC sets Jan 1 as effective date for hotel biz demerger; stk up 3% from low

Stock Market LIVE Updates: ITC share price moved higher by 1 per cent to Rs 475.85 on the BSE in Tuesday's intraday trade, in an otherwise weak market, after the company set January 1, 2025 as the appointed date and the effective date for the demerger of the hotel business of the company.

 

The stock of the fast moving consumer goods (FMCG) company bounced back nearly 3 per cent from its intraday low of Rs 463.15. READ MORE

 

 

2:45 PM

Stock Market LIVE Updates: Bansal Wire to give Rs 65 cr loan to subsidiary for land purchase and development

Stock Market LIVE Updates: Bansal Wire Industries today informed that it's board of directors, at a meeting held today, approved an inter corporate loan of Rs 65 crore to its wholly-owned subsidiary, BWI Steel Private Limited. 

The company, in an exchange filing, said, "It is hereby informed that the Board of Directors of Bansal Wire Industries Limited at its Meeting held today... has approved the inter corporate loan of Rs. 65.00 crore in one or more tranches to BWl Steel Private Limited (Wholly-Owned Subsidiary)."

The company added that the amount of this inter corporate loan will be utilised by the wholly owned subsidiary company for the purchase of land and development and other ancillary purpose thereof.

 

2:39 PM

Stock Market LIVE Updates: Asian Energy bags compressor station supply deal worth Rs 200 crore from Assam Gas

Stock Market LIVE Updates: ‐ Asian Energy Services Limited (AESL), an end‐to‐end service provider across the entire upstream value chain, today informed that it has been awarded an order worth around Rs 200 crore, from Assam Gas Company Limited for Supplying Compressor Station on Build, Own, Operate, and Transfer (BOOT) basis for three years.

The company, in an exchange filing, said, "The total contract value is ~Rs 200 crores of which ~Rs 82 crores to be realised in the first year on Free on Truck (FOT) site basis which is inclusive of freight, unloading and stacking but exclusive of GST."

It added that the mobilisation of the first compressor is expected to be completed in Q4 FY25 and the rest will be completed in the following financial year. 

 

2:31 PM

Stock Market LIVE Updates: Thomas Cook India opens 14th store in Delhi-NCR with new outlet in Gurugram

Stock Market LIVE Updates: Thomas Cook (India) today informed that it has opened a new franchise outlet in Gurugram, taking the total number of outlets in the Delhi NCR region to 14, out of which six are owned by the company, while eight are operated as Gold Circle Partner outlets. 

The company, in an exchange filing, said, the new outlet will provide end-to-end travel services: International & Domestic Holidays (Group Tours, Personalised holidays, Cruises, etc.), Value Added Services like Travel Insurance, etc.