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
New Delhi
 "Market, Stock Market, BSE, NSE, NIfty")
Market, BSE, NSE, NIfty(Photo: Reuters)
9:19 AM
Stock Market LIVE Updates: Nifty50 open higher; rises 0.3%
Stock Market LIVE Updates: Nifty gains 0.33 per cent to 25,235.70 levels.
9:17 AM
Stock Market Live Updates: Sensex rises 360 pts higher
Stock Market Live Updates: Sensex opens 362 points higher at 82,496 levels.
9:14 AM
The move is aimed at improving regulatory compliance, increase transparency, protect investors' interest and boost their confidence in the securities market. READ MORE
Stock Market Live Updates: Sebi proposes mandatory maintenance of communication record for eight yrs
Stock Market Live Updates: Markets regulator Sebi on Thursday proposed to make it mandatory for all entities regulated by it to maintain communication records, including acknowledgements, for at least eight years.
The move is aimed at improving regulatory compliance, increase transparency, protect investors' interest and boost their confidence in the securities market. READ MORE
9:10 AM
Stock Market Live Updates: Sensex, Nifty climb at pre-open
Stock Market Live Updates: Indian benchmark indices BSE Sensex and Nifty 50 were off to a strong start on Friday, following strong Q2 GDP numbers in the US overnight.
The BSE Sensex was at 82,648.29, up 513.68 points, or 0.63 per cent, while the Nifty 50 was at 25,269.45, up by 117.50 points, or 0.47 per cent.
9:07 AM
A Reuters poll of 52 economists projected GDP growth of 6.9 per cent year-on-year for the three months through June, the first quarter of India's 2024/25 fiscal year. That is below the central bank's estimate of 7.1 per cent and the 7.8 per cent growth rate of the previous quarter. READ MORE
Stock Market Live Updates: India's June qtr GDP growth likely slowed on reduced government spending
Stock Market Live Updates: India's economic growth is expected to have slowed in the April-June quarter due to reduced government spending during the national elections and stalling consumption.
A Reuters poll of 52 economists projected GDP growth of 6.9 per cent year-on-year for the three months through June, the first quarter of India's 2024/25 fiscal year. That is below the central bank's estimate of 7.1 per cent and the 7.8 per cent growth rate of the previous quarter. READ MORE
9:00 AM
In an interview with Sundar Sethuraman in Mumbai, Kaushik highlights an interesting trend: not only multinational corporations but even domestic companies are increasingly choosing to list on local exchanges rather than seeking international markets. READ MORE
Stock Market Live Updates: Most IPOs reasonably priced, domestic funds drive a hard bargain: Kaushik
Stock Market Live Updates: It is an exciting time to be an investment banker, with robust activity across various financial products, including initial public offerings (IPOs), qualified institutional placements (QIPs), and block deals, says Deepak Kaushik, Group Head of Equity Capital Markets (ECM) at SBI Capital Markets.
In an interview with Sundar Sethuraman in Mumbai, Kaushik highlights an interesting trend: not only multinational corporations but even domestic companies are increasingly choosing to list on local exchanges rather than seeking international markets. READ MORE
8:57 AM
Buy Nifty (September 5 Expiry) 25,200 Call at Rs 140 & simultaneously sell 25,500 Call at Rs 30.
Stock Market Live Updates: Nandish Shah of HDFC Securities recommends Bull Spread on Nifty; details
Stock Market Live Updates: BULL SPREAD Strategy on NIFTY
Buy Nifty (September 5 Expiry) 25,200 Call at Rs 140 & simultaneously sell 25,500 Call at Rs 30.
8:55 AM
The Union Ministry of Health and Family Welfare had on August 22 issued notification banning the 156 FDC medicines saying they had no therapeutic benefits. READ MORE
Stock Market Live Updates: Drug companies move Delhi HC seeking interim relief against FDC ban
Stock Market Live Updates: A clutch of pharmaceutical companies approached the Delhi High Court on Thursday seeking interim relief against the central government’s decision to ban 156 fixed drug combination (FDC) medicines, so that they could clear the stocks lying in the market.
The Union Ministry of Health and Family Welfare had on August 22 issued notification banning the 156 FDC medicines saying they had no therapeutic benefits. READ MORE
8:51 AM
The company, in an exchange filing, said, "This is to inform you that the USFDA has issued Establishment Inspection Report with Voluntary Action Indicated classification for the said manufacturing facility and the inspection has now been successfully closed by the USFDA".
Stock Market Live Updates: USFDA classifies Voluntary Action Indicated for Torrent Pharma's Indrad facility
Stock Market Live Updates: Torrent Pharma today announced that the USFDA has classified its manfacturing facility in Indrad, Gujarat, with Voluntary Action Indicated (VAI), in its Establishment Inspection Report.
The company, in an exchange filing, said, "This is to inform you that the USFDA has issued Establishment Inspection Report with Voluntary Action Indicated classification for the said manufacturing facility and the inspection has now been successfully closed by the USFDA".
8:45 AM
The company, in an exchange filing, said, "We would like to inform that in Block B-80, both the wells D1 and D2 have been activated for production and the wells are under stabilization".
Stock Market Live Updates: Hindustan Oil Exploration Company starts production from both wells at B-80 block
Stock Market Live Updates: Hindustan Oil Exploration Company today announced that it has started prodction from both its oil wells in Block B-80.
The company, in an exchange filing, said, "We would like to inform that in Block B-80, both the wells D1 and D2 have been activated for production and the wells are under stabilization".
8:42 AM
The airline has been making losses for the last six years, and is now finding it difficult to pay employee salaries, sources said. READ MORE
Stock Market Live Updates: Cash crisis-SpiceJet puts 150 cabin crew on furlough for 3 months
Stock Market Live Updates: Cash-strapped SpiceJet on Thursday announced it has temporarily put 150 cabin crew members on furlough for three months due to “lean travel season and reduced fleet size" and to ensure long-term stability of the airline.
The airline has been making losses for the last six years, and is now finding it difficult to pay employee salaries, sources said. READ MORE
8:40 AM
Addressing the 47th annual general meeting (AGM) of RIL, Ambani said the telecom operator has completed nationwide rollout of 5G, and is eyeing addition of 1 million new customers in the home broadband business every month. READ MORE
Stock Market Live Updates: Jio now world's largest data company, carries 8% of global traffic: Ambani
Stock Market Live Updates: Carrying 8 per cent of global data traffic, Reliance Jio has become the world's largest data company and made India the world's largest data market, Reliance Industries Limited (RIL) Chairman Mukesh Ambani said on Thursday.
Addressing the 47th annual general meeting (AGM) of RIL, Ambani said the telecom operator has completed nationwide rollout of 5G, and is eyeing addition of 1 million new customers in the home broadband business every month. READ MORE
8:37 AM
Stock Market Live Updates: DGCA cracks the whip on 3 airlines; SpiceJet under 'enhanced surveillance'
Stock Market Live Updates: Coming down heavily on the lax attitude of Indian carriers towards customer experience and safety standards, the Directorate General of Civil Aviation (DGCA) on Thursday took regulatory action against three major airlines- SpiceJet, Akasa Air, and Air India Express. READ MORE
8:31 AM
The world's second-biggest sugar producer imposed restrictions on diverting sugar for ethanol production in December 2023 to increase sugar output after cane crop was hit by below-average monsoon rains. READ MORE
Stock Market Live Updates: Govt allows sugar mills to use cane juice for ethanol production from Nov
Stock Market Live Updates: India will allow sugar mills to use cane juice or syrup to produce ethanol in the new marketing year starting Nov. 1, the government said in a notification on Thursday.
The world's second-biggest sugar producer imposed restrictions on diverting sugar for ethanol production in December 2023 to increase sugar output after cane crop was hit by below-average monsoon rains. READ MORE
8:30 AM
The solar giga factory will include the manufacturing of PV modules, cells, wafers and ingots, polysilicon, and glass at a single location. The modules convert sunlight into electricity. READ MORE
Stock Market Live Updates: Reliance to commission first solar giga-factory this year: Mukesh Ambani
Stock Market Live Updates: Reliance Industries Ltd, India's most valuable company, plans to commission its first solar giga-factory this year as part of a pivot towards green energy, its chairman Mukesh Ambani said on Thursday.
The solar giga factory will include the manufacturing of PV modules, cells, wafers and ingots, polysilicon, and glass at a single location. The modules convert sunlight into electricity. READ MORE
Topics : MARKET WRAP MARKETS LIVE MARKETS TODAY S&P BSE Sensex NSE Nifty50 benchmark index MARKET LIVE share market Dalal Street
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First Published: Aug 30 2024 | 7:45 AM IST
