Stock Market Close Highlights: Sensex extends gain, adds 600pts, Nifty above 24,450; PSU banks lead

Stock Market Highlights: The day ended in favour of the bulls as 41 out of the 50 constituent stocks of the Nifty50 ended in positive territory, with gains led by Adani Ports, and NTPC

9:49 AM

Stock Market LIVE Updates: Cipla gains as Morgan Stanley and Goldman Sachs, among others buy stakes in co

Stock Market LIVE Updates: Promoters of the company, Samina Hamied and Rumana Hamied, on Monday exited by selling their 1.72 per cent stake for Rs 2,111 crore through open market transactions.

Singapore government, Societe Generale, Abu Dhabi Investment Authority, BNP Paribas, BofA Securities, Citigroup, Morgan Stanley, Goldman Sachs, Norges Bank, UBS, and Copthall Mauritius bought stakes in Cipla.

 

9:45 AM

Stock Market LIVE Updates: APSEZ climbs over 3% as Care Edge upgrades unit's credit rating by six notches

Stock Market LIVE Updates: Rating firm CareEdge has revised Gopalpur Ports Limited’s (GPL) credit rating from “BBB” (RWP) to “AA/Stable”, upgrading it by six notches, post-acquisition by the Adani Ports and Special Economic Zone (APSEZ) in March this year.

 

9:34 AM

Stock Market LIVE Updates: Godfrey Phillips down over 2 per cent after reports say GST may rise on cigarettes

Stock Market LIVE Updates: Shares of Gidfrey Phillips were down over 2 per cent amid reports on increase in goods and services tax (GST) on cigarettes, tobacco, aerated drinks.

9:32 AM

Stock Market LIVE Updates: ITC down over 2 per cent after reports indicate GST may rise on cigarettes

Stock Market LIVE Updates: Shares of ITC were down over 2 per cent amid reports on increase in goods and services tax (GST) on cigarettes, tobacco, aerated drinks.

9:30 AM

Stock Market LIVE Updates: Varun Beverages down after reports indicate GST may rise on aerated drinks

Stock Market LIVE Updates: Shares of varun beverages were down over 3 per cent amid reports on increase in goods and services tax (GST) on cigarettes, tobacco, aerated drinks.

 

9:27 AM

Stock Market LIVE Updates: GST on cigarettes, tobacco, aerated drinks may rise to 35%: Report

Stock Market LIVE Updates: The Group of Ministers (GoM) on GST rate rationalisation has proposed increasing the tax on products such as aerated beverages, cigarettes, and other tobacco-related items to 35 per cent, up from the current rate of 28 per cent, as per reports.

9:23 AM

Stock Market LIVE Updates: Here's a look at sectoral indices

Stock Market LIVE Updates: Except FMCG all indices trade in green 

 

9:21 AM

Stock Market LIVE Updates: Nifty Midcap 100 and Smallcap 100 trade in green

Stock Market LIVE Updates: Nifty Midcap 100 and Smallcap 100 edge higher 

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9:20 AM

Stock Market LIVE Updates: Top gainers and losers on BSE Sensex

Stock Market LIVE Updates: Here's a heatmap of Sensex gainers and losers 

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9:18 AM

Stock Market LIVE Updates: Nifty opens above 24,300 level

Stock Market LIVE Updates: NSE Nifty opens above 24,300

9:17 AM

Stock Market LIVE Updates: Sensex up over 250 pts

Stock Market LIVE Updates: BSE Sensex opens in the positive territory 

 

9:12 AM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates:  The underlying resilience of the market is evident in its ability to bounce back. Market is focusing not on the GDP growth slowdown but on the likely policy response to this slowdown. Banking stocks bouncing back yesterday indicates that the market is expecting a CRR cut on Friday, which will boost the profitability of banks. The strength in market heavyweights like Reliance and HDFC Bank can impart resilience to the market. The net FII sell figure at only Rs 238 crores yesterday is misleading since it conceals many large bulk deals. News of higher GST proposals on products like tobacco can impact stocks like ITC and tax reductions on insurance premiums can be beneficial to insurance stocks.

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

9:11 AM

Stock Market LIVE Updates: Nifty gains nearly 100 pts in pre-open

Stock Market LIVE Updates: In the pre-opening session the NSE Nifty gained 0.38 per cent or 91.45 points at 24,367.5

 

9:08 AM

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

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

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8:58 AM

Stock Market LIVE Updates: Govt to take steps for better GDP growth in H2FY25: DEA Secretary

Stock Market LIVE Updates: second half (October–March) of FY25 is much better than the seven-quarter low growth of 5.4 per cent in the July–September period, economic affairs secretary Ajay Seth indicated on Monday.

 

“Gross domestic product (GDP) numbers are lower than our potential but not alarming. Action is well on the way to make sure that in the second half of the current financial year, GDP growth rate is much better,” Seth told reporters, without elaborating on the measures the government is contemplating. READ MORE