Stock Market Close Highlights: Sensex extends rally, rises 111 pts led by HDFC Bank; Nifty ends flat

Market Highlights: The BSE Sensex has now gained around 1,900 points in the last four trading sessions; Bajaj Finserv, NTPC and Titan were the other top gainers among the Sensex 30 shares on Wednesday

9:08 AM

Stock Market LIVE Updates: Here are Sensex gainers and losers in pre open

Stock Market LIVE Updates: Here's a heatmap 

9:05 AM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: The signals from the market are a bit confusing. It has ignored the sharp slowdown in Q2 GDP growth. It is remaining resilient despite the massive FII selling. There are many likely headwinds from the Trump presidency. The valuations are elevated with Nifty trading around 20 times estimated FY26 earnings. In this context, investors should adopt a cautious investment strategy with asset allocation as the underlying principle. Since the market has been resilient amidst challenges, it makes sense to remain invested. Those investors with lower risk appetite can think of moving some money from the overvalued mid and smallcaps to largecaps and also to debt.

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

 

9:04 AM

Stock Market LIVE Updates: Nifty up over 100 pts above 24,500 in pre-open

Stock Market LIVE Updates: NSE Nifty gained over 100 points and was trading above 24,500 level during pre open 

Nifty

9:03 AM

Stock Market LIVE Updates: Sensex up 300 pts in pre-open

Stock Market LIVE Updates: BSE Sensex gained over 300 points during the pre opening session 

Sensex

8:58 AM

Stock Market LIVE Updates: Suraksha Diagnostic IPO allotment: Check status, GMP, likely listing gain

Stock Market LIVE Updates: The basis of allotment for Suraksha Diagnostic IPO shares is scheduled for today, Wednesday, December 4, 2024. The three-day subscription window to bid for the Suraksha Diagnostic IPO closed yesterday, receiving subdued participation from investors.

 

The Rs 846.25 crore public offering of Suraksha Diagnostic, available at a price band of Rs 420-441 with a lot size of 34 shares, received bids for 1,70,65,280 shares against the 1,34,32,533 shares on offer, resulting in an oversubscription of 1.27 times by the last date of subscription, as per BSE data. READ MORE

 

8:54 AM

Stock Market LIVE Updates: Swiggy expects positive adjusted EBITDA by Q3FY26: Sriharsha Majety

Stock Market LIVE Updates: At the consolidated group level, food and grocery delivery firm Swiggy expects to achieve positive adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) by Q3FY26 (Oct-Dec 2025), said Sriharsha Majety, MD and Group CEO, Swiggy and Rohit Kapoor, CEO of Swiggy’s Food Marketplace.

In an interview with Business Standard, Majety said that he is expecting to see a new wave of opportunities and selection opening for the quick commerce business. READ MORE

 

8:53 AM

Stock Market LIVE Updates: Swiggy Q2 results: Loss narrows to Rs 626 cr, revenue up 30% at Rs 3,601 cr

Stock Market LIVE Updates: Food and grocery delivery firm Swiggy has marginally narrowed its consolidated net loss in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago. But sequentially, the loss was up as the firm had reported a consolidated loss of Rs 611 crore in the first quarter of FY25.

 

Swiggy, which made its trading debut on November 13 -- over three years after its nearest rival Zomato got listed -- saw robust growth in its food delivery as well as quick commerce verticals during the quarter under review. READ MORE

 

 

8:50 AM

Stock Market LIVE Updates: Better execution needed to justify valuation for NTPC Green Energy

Stock Market LIVE Updates: NTPC Green Energy (NGEL) has gained over 30 per cent since an IPO was launched at Rs 108 a few days ago. The surge after listing suggests the market thinks NGEL was undervalued in the IPO. NGEL saw revenue growth at 47 per cent annually over financial year 2022-24 with an operating profit margin at 87-90 per cent in previous three years, as operating profit rose from Rs 795 crore in financial year 2022 (FY22) to Rs 1,747 crore in FY24. READ MORE

 

 

8:46 AM

Stock Market LIVE Updates: Bill to push banking reforms, strengthen governance gets Lok Sabha nod

Stock Market LIVE Updates: The Lok Sabha approved the Banking Laws (Amendment) Bill, 2024, on Tuesday. It was tabled in the House by Union Finance Minister Nirmala Sitharaman.

 

The Bill proposes 19 amendments to banking laws, including the Reserve Bank of India Act, Banking Regulation (BR) Act, and Banking Companies (Acquisition and Transfer of Undertakings) Act. READ MORE

 

8:43 AM

Stock Market LIVE Updates: Markets Today: GIFT Nifty, IPOs, RBI Policy, MPC meeting, FIIs; HUL, Swiggy

Stock Market LIVE Updates: The strength in the 3-day rally of - the BSE Sensex and the NSE Nifty - may be tested on Wednesday amid tepid cues from global peers.

 

That apart, the key focus will be on the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) which starts today even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends this month. The RBI Policy decision will be announced on Friday. READ MORE

 

8:39 AM

Stock Market LIVE Updates: Two entities sell 5.9% stake in TBO Tek for nearly Rs 935 cr via block deal

Stock Market LIVE Updates: Augusta TBO (Singapore) and TBO Korea Holdings, two public shareholders of TBO Tek, on Tuesday pared a total of 5.9 per cent stake in the company for nearly Rs 935 crore through open market transactions. READ MORE 

8:36 AM

Stock Market LIVE Updates: Gold prices inch higher on Fed rate optimism with US data due in December

Stock Market LIVE Updates: Gold prices edged higher on Tuesday, as recovering expectations of a U.S. rate cut in December weighed on the dollar and Treasury yields ahead of economic data that could offer further signals on the Federal Reserve's policy trajectory. READ MORE 

8:35 AM

Stock Market LIVE Updates: Carlyle group sells 4.3% stake in Indegene for Rs 636 crore via bulk deal

Stock Market LIVE Updates: Global investment firm Carlyle Group through its arm divested a 4.3 per cent stake in healthcare tech firm Indegene for Rs 636 crore through an open market transaction. READ MORE 

8:34 AM

Stock Market LIVE Updates: Suraksha Diagnostic IPO allotment: Check status, GMP, likely listing gain

Stock Market LIVE Updates: The basis of allotment for Suraksha Diagnostic IPO shares is scheduled for today, Wednesday, December 4, 2024. The three-day subscription window to bid for the Suraksha Diagnostic IPO closed yesterday, receiving subdued participation from investors. READ MORE 

8:32 AM

Stock Market LIVE Updates: India's market capitalisation-to-GDP ratio third-highest despite correction

Stock Market LIVE Updates: The ratio of market capitalisation to gross domestic product (GDP) in India remains elevated despite the recent correction in the equities markets. It was 147.5 per cent on Tuesday, 56 per cent higher than the 10-year average of 94 per cent. READ MORE