Stock Market Highlights: Sensex ends flat at 81,510, Nifty at 24,610; Adani Group shares dip

Markets Highlights: Shriram Finance, Bajaj Finserv, Wipro, HCL Tech, and Infosys were among the 23 Nifty50 constituent stocks that ended in the green, with gains of up to 2.48 per cent

1:03 PM

Stock Market LIVE Updates: 1 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.

At 1 PM, the BSE Sensex was at 81,353.63, lower by 154.83 points, or 0.19 per cent, while the Nifty 50 was at 24,561.90, behind by 57.10 points, or 0.23 per cent.

 

12:46 PM

Stock Market LIVE Updates: This smallcap stock up 109% from June low; Vijay Kedia buys 1.2 mn shares

Stock Market LIVE Updates: Shares of Greaves Cotton (Greaves) hit a 35-monht high of Rs 232.65 as they rallied 10 per cent on the National Stock Exchange (NSE) in Tuesday’s intra-day trade amid heavy volumes.

In two days, the stock price of this smallcap company has surged 18 per cent after investor Vijay Kedia-led Kedia Securities bought over 1 million shares of the company in the open market. It is trading at its highest level since January 2022. READ MORE

 

12:41 PM

Stock Market LIVE Updates: Steel shares trade firm; Jindal Steel, Tata Steel, SAIL rally up to 5%

Stock Market LIVE Updates: Shares of steel companies are trading higher by up to 5 per cent on the BSE in Tuesday’s intra-day trade in an otherwise range bound market after steel imports in November’ decreased by 28 per cent month-on-month (MoM) and 32 per cent year-on-year (YoY) to 0.75 million tonnes (MT), whereas steel exports declined by 11 per cent month-on-month and, while climbing 71 per cent year-on-year to 0.40 MT. READ MORE

 

12:35 PM

Stock Market LIVE Updates: Mannapuram Finance, Muthoot Finance gain up to 3% in trade; here's why

Stock Market LIVE Updates: Muthoot Finance and Manappuram Finance shares rose up to 3.1 per cent on BSE in Tuesday's trade. The buying sparked after gold hit a two-week high on Monday, supported by China's central bank resuming purchases after a six-month hiatus. 

 

Spot gold gained 1.1 per cent to $2,662.98 per ounce, as of 01:41 PM ET (1841 GMT). US gold futures settled 1 per cent higher at $2,685.50. READ MORE

 

12:25 PM

Stock Market LIVE Updates: Nifty IT index hits record high on December 10: Here's what drove the rally

Stock Market LIVE Updates: The Nifty IT index reached new heights on Tuesday, December 10, 2024, hitting an all-time high of 45,377.75. The index rallied up to 1.21 per cent from its previous close of 44,832. 

 

IT stocks were clearly in demand, with 8 out of the 10 index constituents trading higher. Leading the charge was LTIMindtree, which surged 2.12 per cent, followed closely by Mphasis (up 2.02 per cent), Wipro (up 1.70 per cent), and Infosys (up 1.53 per cent). HCLTech also saw gains of 1.04 per cent, while LTTS, Persistent Systems, and Coforge added 0.41 per cent, 0.16 per cent, and 0.11 per cent, respectively. READ MORE

 

12:07 PM

Stock Market LIVE Updates: Stock market crash over? Mid-, Small-caps surge; 5 key scrips to track

Stock Market LIVE Updates: Equity markets have recouped partly from the recent fall and are now showing glimpses of a potential extended recovery. Benchmark indices - the BSE Sensex and the NSE Nifty have gained around 6 per cent from their respective lows, and were now seen quoting around 81,600 and 24,650 levels in intra-day deals on Tuesday.

 

The broader indices have outperformed the benchmark indices in terms of market returns. The NSE Nifty MidCap 150 index has soared over 9 per cent, while the SmallCap 250 index has zoomed nearly 12 per cent from its November low. READ MORE

 

12:01 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty trade nearly flat

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading with slight gains on Tuesday.

At 12 PM, the BSE Sensex was at 81,553.99, higher by 45.53 points, or 0.06 per cent, while the Nifty 50 was at 24,624.45, ahead by 5.45 points, or 0.02 per cent.

11:58 AM

Stock Market LIVE Updates: Metropolis Healthcare shares rise 3% after acquiring Core Diagnostics

Stock Market LIVE Updates: Shares of diagnostic firm Metropolis Healthcare surged 2.88 per cent at Rs 2,250 per share on the BSE in Tuesday’s intraday trade. This came after the company on Monday , announced today the acquisition of Delhi headquartered Core Diagnostics.

 

Metropolis Healthcare said that the acquisition will enhance capabilities in advanced cancer testing, while deepening its presence in Northern and Eastern India and driving market share expansion in the specialised segment across the country. READ MORE

 

11:44 AM

Stock Market LIVE Updates: Glenmark Pharma zooms 4% on positive antibody drug trials; check details

Stock Market LIVE Updates: Shares of Glenmark Pharmaceuticals rose 4.1 per cent at Rs 1,576.75 per share on the BSE in Tuesday’s intraday trade. This came after the company disclosed that phase 1 study of Trispecific TREAT Antibody, ISB 2001, showed high overall response rate (ORR) with durable responses and favorable safety profile in patients with heavily pretreated multiple myeloma. 

 

New York headquartered, Ichnos Glenmark Innovation (IGI), an alliance of Glenmark Pharma and its subsidiary Ichnos Sciences presented first-time clinical data from the early dose-escalation portion of its phase 1 study of ISB 2001 for the treatment of relapsed or refractory multiple myeloma (RRMM). READ MORE

 

11:34 AM

Stock Market LIVE Updates: HDFC Life board approves Rs 6.6-crore investment in Bima Sugam

Stock Market LIVE Updates: HDFC Life Insurance Company today informed that its board of directors has approved an investment of Rs 6.6 crore in Bima Sugam to acquire 6.6 million shares in the company. 

Bima Sugam is an all-in-one digital insurance platform being developed by Insurance Regulatory and Development Authority of India (Irdai), for  selling, servicing and settling claims, which shall act as a one‐stop platform for people to access all the products of insurance companies.  

The board has also approved an aggregate investment (including the Rs 6.6 crore investment) not exceeding 10 per cent of paid up equity share capital Bima Sugam, subject to commensurate increase in the authorised share capital of the company.

 

11:26 AM

Stock Market LIVE Updates: NBCC (India) bags Rs 432-crore consultancy deal from Central University of Odisha

Stock Market LIVE Updates: NBCC (India) today informed that it has bagged a Rs 432-crore comprehensive project management consultancy (PMC) services work order from the Central University of Odisha, for the construction of Net-Zero sustainable campus at Central University at Odisha Sunabeda.

11:22 AM

Stock Market LIVE Updates: Bajaj Healthcare share hits 52-wk high on inking CDMO deal for 15 new APIs

Stock Market LIVE Updates: Pharmaceutical company Bajaj Healthcare shares were buzzing in trade on Tuesday, December 10, 2024, as the scrip rose up to 3.91 per cent to hit a fresh 52-week high of Rs 466.30 per share. 

 

The rise in the Bajaj Healthcare share came after the company announced that it has entered into a definitive contract development and manufacturing organisation (CDMO) contract with UK/EU based companies for 15 new active pharmaceutical ingredients (APIs). READ MORE

 

 

11:13 AM

Stock Market LIVE Updates: Coforge partners ACORD Solutions to drive modernisation for global insurance cos

Stock Market LIVE Updates: Coforge today informed about its partnership with ACORD Solutions Group and is part of the Licensed Integrator Partner (LIP) program. 

The company, in an exchange filing, said, "This partnership will drive automated submissions placing, accounting, and claims data exchange across its global broker, insurer, and reinsurer clients."

As a part of the partnership, Coforge will leverage ACORD Transcriber- Intelligent Document Processing solution and ADEPT- a real-time, cloud-based digital data exchange platform to enable easier integration between brokers and carriers as well as support carrier integration with the London Market’s ‘Blueprint Two’ market modernisation initiative, it added.

 

11:05 AM

Stock Market LIVE Updates: Swiggy rises 5% after CLSA initiates coverage, sets target at Rs 708 apiece

Stock Market LIVE Updates: Swiggy shares gained 5.6 per cent in the morning deals on Tuesday and clocked an intraday high at Rs 567.8 per share on BSE. The counter saw buying after global brokerage CLSA as per Bloomberg, initiated coverage on Swiggy with an 'Outperform' rating and set a 12-month price target at Rs 708 per share. This implies a 31.7 per cent upside from the previous close of Rs 537.5 per share on BSE. 

 

Around 9:48 AM, Swiggy share price slipped to Rs 554.1 per share, up 3.09 per cent on BSE. In comparison, BSE Sensex was up 0.12 per cent at 81,605.5. READ MORE

 

11:02 AM

Stock Market LIVE Updates: 11 AM market update - Sensex, Nifty trade with marginal gains

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading higher with slight gains on Tuesday.

At 11 AM, the BSE Sensex was at 81,596.25, higher by 87.79 points, or 0.11 per cent, while the Nifty 50 was at 24,639.25, ahead by 20.25 points, or 0.08 per cent.