Stock Market Highlights, Aug 30: Benchmarks log record close; Sensex tops 82,350, Nifty near 25,250

Stock Market highlights: The Sensex, and Nifty50 ended at record high closing levels ahead of the Q1 FY25 GDP data to be released today

2:39 PM

Stock Market LIVE Updates: Mastercard inks deal with boAt

Stock Market LIVE Updates: Mastercard inks deal with boAt to enable contactless payments on boAt's payment-enabled smartwatches. READ MORE

2:35 PM

Stock Market LIVE Updates: Bharat Forge renews corporate guarantee given to CitiBank N.A

Stock Market LIVE Updates: Bharat Forge has renewed a corporate guarantee given to CitiBank N.A., for the loan given to Bharat Forge America, Inc., a wholly-owned subsidiary of the company. 

2:32 PM

Stock Market LIVE Updates: This PSU upstream oil stock has zoomed 209% thus far in CY24

Stock Market LIVE Updates: Shares of Oil India continued their northward movement, to hit a new high of Rs 767.30 as they rallied 4 per cent on the BSE in Friday’s intra-day trade, on a healthy outlook. Thus far in August, shares of the state-owned upstream oil exploration and production company has surged 33 per cent. Moreover, they have soared 58 per cent after the company issued bonus shares in the ratio of 1:2 on July 2. READ MORE

2:30 PM

Stock Market LIVE Updates: Fintech has democratised financial services, success unmatched, says PM Modi

Stock Market LIVE Updates: Fintech has democratised financial services in the country by making loans, credit cards, investments and insurance widely accessible, said Prime Minister Narendra Modi on Friday, saying the sector's adoption is "unmatched". READ MORE

 

2:28 PM

Stock Market LIVE Updates: HDFC Bank announces GIGA, financial product for India's gig workers

Stock Market LIVE Updates: HDFC Bank has introduced GIGA, a financial suite designed for gig workers and freelancers. The programme aims to address the financial needs of India's burgeoning gig economy. READ MORE

 

2:26 PM

Stock Market LIVE Updates: Nifty MidCap hits fresh record high

Stock Market LIVE Updates: Nifty MidCap hits fresh record high of 59,461.45 levels.

2:25 PM

Stock Market LIVE Updates: Supporting, buying goods from each other to help Indian firms, says Piyush Goyal

Stock Market LIVE Updates: Commerce and Industry Minister Piyush Goyal on Friday urged domestic companies to support and buy goods from each other as it would benefit them in the long run and provide protection against any disruptions like the Pandemic. READ MORE

 

2:14 PM

Stock Market LIVE Updates: Is your portfolio heavy on growth strategy? Add dividend yield funds

Stock Market LIVE Updates: Among thematic funds, dividend yield schemes have rewarded investors with 24.26 per cent returns over three years ended August 27, 2024, according to Value Research. Even as markets continue to rise, Baroda BNP Paribas Dividend Yield Fund NFO opened for subscription on August 22. READ MORE

2:07 PM

Stock Market LIVE Updates: Fintech in India has played major role in democratising financial svcs, says PM

Stock Market LIVE Updates: The fintech sector in India has played a major role in democratising financial services in the country, making loans, credit cards, investments, and insurance accessible to all, said Prime Minister Narendra Modi on Friday at the Global Fintech Festival. READ MORE

 

2:02 PM

Stock Market LIVE Updates: HDFC Bank to sell Rs 10k cr in loan portfolios via pass-through certificate

Stock Market LIVE Updates: HDFC Bank, one of India’s largest private lenders, is planning to sell loan portfolios worth up to Rs 10,000 crore ($1.2 billion) using a rarely utilised debt instrument known as pass-through certificates (PTCs). This move is part of the bank’s strategy to reduce its exposure to certain sectors while addressing difficulties in raising deposits, according to a report by Bloomberg. READ MORE

1:59 PM

Stock Market LIVE Updates: Zydus Life gets warning letter from USFDA for Jarod manufacturing unit

Stock Market LIVE Updates: Pharma company Zydus Life gets warning letter from USFDA for Jarod manufacturing unit.  

"The Warning Letter summarises violations with respect to Current Good Manufacturing Practice (cGMP) regulations. The Warning Letter does not contain any data integrity related violations. This is further to our communication dated July 18, 2024, about Jarod facility receiving OAI status by the USFDA. This site was inspected

by USFDA from April 15 to April 23, 2024. The contents of the Warning Letter shall be made public by the USFDA in due course," the company said.
 

1:55 PM

Stock Market LIVE Updates: Stock ideas for Sept: TaMo, Mah Holidays can rally up to 28%, hint charts

Stock Market LIVE Updates: The equity market witnessed a roller-coaster ride in the month of August, with the benchmark indices starting the month at record highs, and then dipping before bouncing back and registering fresh peaks towards the end. The Sensex was up 0.8 per cent at 82,380 levels for the month, while the Nifty had gained 1.1 per cent at 25,230 levels. READ MORE

1:45 PM

Stock Market LIVE Updates: RVNL gets Rs 202-crore LoA from South Eastern Railway; shares gain over 4%

Stock Market LIVE Updates: Rail Vikas Nigam share price rose 4.4 per cent in Friday's (August 30) intraday trade. The stock registered an intraday high of Rs 605 per share on the BSE after the PSU railway company received a letter of acceptance (LoA) from Ser HQ Electrical/South Eastern Railway. READ MORE

1:32 PM

Stock Market LIVE Updates: UK insurer Aviva conspired to dodge India compensation & tax rules: DGGI

Stock Market LIVE Updates: An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according to a notice seen by Reuters. In an attempt to grow operations, Aviva's India business paid about $26 million between 2017 and 2023 to entities who purportedly provided marketing and training services, according to the tax notice sent to Aviva, dated August 3. READ MORE

1:27 PM

Filing: Aurionpro Payments goes live as online payment aggregator

Stock Market LIVE Updates: Aurionpro Payments goes live as online payment aggregator after RBI authorisation. The launch was officially announced at the Global Fintech Fest 2024 in Mumbai, India.