Stock Market Rally Highlights: Sensex up for 5th day, adds 810 pts; Nifty reclaims 24,700

Market Rally Highlights: IT stocks stole the show, with the Nifty IT index settling higher by 1.95 per cent, led by TCS, Infosys, and LTIMindtree

1:43 PM

Stock Market LIVE Updates: Zen Technologies guns for US expansion with tie up with US-based AVT Simulation

Stock Market LIVE Updates: Zen Technologies today informed about its strategic push into the US defense market. The company has formalised its partnership with Applied Visual Technology Inc. D.B.A AVT Simulation, a premier provider of customised training systems, through a Memorandum of Understanding (MoU) inked today in Florida. 

The company, in an exchange filing, said, "This strategic alliance integrates Zen’s cutting-edge technologies with AVT’s expertise in delivering tailored simulation systems. Together, the companies will develop next-generation solutions for defense, emergency response, and commercial applications, addressing the surging demand for immersive, cost-effective training platforms in the US."

 

1:32 PM

Stock Market LIVE Updates: NBCC arm bags work order worth around Rs 599 crore from National Health Mission

Stock Market LIVE Updates: NBCC's subsidiary HSCC (India) Limited in normal course of business has received a work order amounting Rs. 599.35 crore from National Health Mission. Under the project, the company will establish and operate Hinduhridaysamrat Balasaheb Thackery Aapla Dawakhana in Maharashtra. Additionally, it will establish Radiation Oncology Unit (Radiotherapy Unit) on turnkey basis at District Jalna, Ratnagiri, Baramati and Dharashiv in Maharashtra.

NBCC

1:24 PM

Stock Market LIVE Updates: NODWIN Gaming secures Rs 64 cr investment from parent Nazara Technologies

Stock Market LIVE Updates: NODWIN Gaming, a material subsidiary of gaming company Nazara Technologies, secured investment worth Rs 64 crore from its parent company in a bid to expand its portfolio of intellectual properties (IPs), and enhance its presence in emerging markets. READ MORE 

1:21 PM

Stock Market LIVE Updates: Hyundai Motor India to hike prices across all models amid higher costs

Stock Market LIVE Updates: Hyundai Motor India said on Thursday it would hike prices across all its models by up to Rs 25,000 ($295.07), as the newly-listed automaker seeks to mitigate the impact of rising costs. READ MORE 

1:16 PM

Stock Market LIVE Updates: Shareholders approve Gautam Singhania as Raymond Lifestyle chairman

Stock Market LIVE Updates: Gautam Hari Singhania has been officially appointed as the executive chairman of Raymond Lifestyle Limited, following shareholder approval in a Postal Ballot on Wednesday, December 4, 2024. READ MORE 

1:11 PM

Stock Market LIVE Updates: Genus Power shares locked in 5% lower circuit; here's what's dragging stock

Stock Market LIVE Updates: Genus Power Infrastructure shares were frozen in a 5 per cent lower circuit in Thursday's trade and logged an intraday low at Rs 439.75 per share. The stock fell after the Directorate of Enforcement conducted a search at the company’s corporate office and its Chairman’s residence. READ MORE 

1:09 PM

Stock Market LIVE Updates: GST hike on apparel could shut MSMEs, lead to 100,000 job losses: CMAI

Stock Market LIVE Updates: The Clothing Manufacturers Association of India (CMAI) has raised concerns regarding the rate-rationalisation proposal put forward by the Group of Ministers (GoM), chaired by Bihar Deputy Chief Minister Samrat Chaudhary, which includes significant changes to GST rates for the apparel sector. READ MORE 

1:08 PM

Stock Market LIVE Updates: Bajaj Auto skids 3% after dismissing price cut claims on Freedom & Pulsar

Stock Market LIVE Updates: Bajaj Auto shares slipped 2.7 per cent on Thursday and logged an intraday low at Rs 8,751 per share. The downward movement in the stock came after the company clarified that a brokerage report regarding the sales volumes and price cuts of ‘Freedom’ and select ‘Pulsar’ variants does not present an accurate picture. READ MORE

1:02 PM

Stock Market LIVE Updates: 1 PM market update - Off day's lows, Sensex, Nifty climb higher

Stock Market LIVE Updates: Paring their losses, benchmark Indian equity indices BSE Sensex and Nifty 50 were trading higher on Thursday.

At 1 PM, the BSE Sensex was higher by 503.20 points, or 0.62 per cent, at 81,459.53, while the Nifty 50 was at 24,593.70, ahead by 126.25 points, or 0.52 per cent.

 

12:45 PM

Stock Market LIVE Updates: Zota Health Care expands Davaindia network to 1,294 stores, led by 600 COCO stores

Stock Market LIVE Updates: Zota Health Care Limited today informed that the total number of stores in its Davaindia network of stores has increased to 1,294 as of December 4, from 1,165 on October 4. 

The increase has been led by an increase in the number of Company-Owned, Company-Operated stores  from 501 stores to 601 stores.

The company, in an exchange filing, said, "Zota Health Care Limited is pleased to announce a significant milestone in the growth of its Davaindia network, with the total number of operational stores increasing to 1,294 as of 4th December 2024, up from 1,165 on 4th October 2024. A major contributor to this achievement has been the remarkable growth in Company-Owned Company-Operated (COCO) stores, which have surpassed the 600-store mark, increasing from 501 to 601 in just two months."

 

12:38 PM

Stock Market LIVE Updates: Indraprastha Gas stock shines in weak market; gains 4% on bonus share plan

Stock Market LIVE Updates: Shares of gas supplier Indraprastha Gas (IGL) gained 3.81 per cent to hit a day's high of Rs 374 on the National Stock Exchange (NSE) in an otherwise weak market during intra-day trade on Thursday. A combined total of nearly 6.82 million IGL shares, worth around Rs 250.35 crore, were exchanged on the NSE and BSE today.

 

The surge in IGL share price came after the company announced that its board would meet to consider a proposal for a bonus issue of equity shares for its shareholders. READ MORE

 

12:27 PM

Stock Market LIVE Updates: Zomato share price hits new high, up 27% in one month; m-cap nears Rs 3 trn

Stock Market LIVE Updates: Shares of food delivery major Zomato hit a new high of Rs 304.50, surging 6 per cent on the BSE in Thursday’s intra-day trade amid heavy volumes on expectations of a strong outlook. The stock surpassed its previous high of Rs 298.2 September 24.

 

In the past one month, Zomato outperformed the market by soaring 27 per cent, as compared to 1.5 per cent gain in the S&P BSE Sensex. A sharp rally in stock price has seen Zomato’s market capitalisation inch towards Rs 3 trillion. READ MORE

 

12:14 PM

Stock Market LIVE Updates: Divi's Laboratories shares slip 6% in trade; what's worrying investors?

Stock Market LIVE Updates: Divi's Laboratories shares lost 5.7 per cent in Thursday's trade and logged an intraday low at Rs 5,900 per share. The selling pressure in the stock came after the Joint Director, Directorate of Enforcement, Hyderabad Zonal Office levied a penalty of Rs 6 lakh each.

 

Around 11:02 AM, Divi's Labs share price was down 3.09 per cent at Rs 6,064.6 per share. In comparison, the BSE Sensex was down 0.46 per cent at 80,580.61. The market capitalisation of the company stood at Rs 1,60,996.08 crore. READ MORE

 

12:03 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty trade with losses

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading with losses on Thursday.

At 12 PM, the BSE Sensex was lower by 217.41 points, or 0.27 per cent, at 80,738.92, while the Nifty 50 was at 24,368.80, down 98.65 points, or 0.4 per cent.

 

11:53 AM

Stock Market LIVE Updates: Hyundai Motor India to raise prices of up to Rs 25,000 across models from January 1

Stock Market LIVE Updates: Hyundai Motor India today informed that it will roll out a price increase of up to Rs 25,000 on all MY25 models, from January 1, 2025.

The company, in an exchange filing, said, "The Company has planned to increase the prices of its cars from January 1, 2025 onwards, on account of increase in input costs, adverse exchange rate and increase in logistics costs."