Tuesday, December 24, 2024 | 12:30 AM ISTEN Hindi

Sensex ends 228 pts higher, Nifty above 21900; M&M soars 7%, ZEEL dips 6%

Stock market highlights on February 15, 2024: Energy and oil & gas sector largecaps NTPC, Power Grid, BPCL and ONGC were among the top frontline gainers, closing 3-5 per cent up

SI Reporter New Delhi

BSE, NSE, Sensex, Nifty, stock markets

9:07 AM

ALERT:: Sensex up 200 pts in pre-open deals; Nifty atop 21,900

9:04 AM

Sensex earnings yield gap with 10-year US treasury bond turns negative

A negative spread between Indian equity yield and US long-term Treasury bond makes Indian equities less attractive for foreign investors and may lead to a selloff by FPIs. READ MORE

8:59 AM

Japan slips to world's 4th-largest economy, behind US, China, and Germany

Japan has slipped to the world's fourth-largest economy as government data released on Thursday showed it fell behind the size of Germany's in 2023. READ MORE

8:56 AM

Is there more room for downside in small-caps?

While benchmark indices are flat so far in Feb, it has mostly been a one-way street for small-cap stocks that have taken it on their chin with sharp cuts. Will the trend hold? Watch Video

Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis

8:51 AM

ED launches probe into Paytm Payments Bank case

The Directorate of Enforcement (ED) has launched a preliminary investigation or a pre-open inquiry into alleged violations related to the Foreign Exchange Management Act (Fema) in the Paytm Payments Bank case, according to sources in the know. ED is learnt to have sought further clarification on the matter from the central bank. READ MORE

8:46 AM

Vedanta's parent may sell $1 billion worth shares to GQG Partners: Report

Vedanta Resources, the parent of Indian miner Vedanta Ltd, may sell about $1 billion worth shares in the company to investment firm GQG Partners via block deals, television channel ET Now reported on Wednesday citing sources. READ MORE

8:41 AM

Coal India maintains top spot among CPSEs in GeM procurement, says govt

The government on Wednesday said Coal India Ltd (CIL) has maintained the top position among all Central Public Sector Enterprises (CPSEs) in Government e-Marketplace (GeM) procurement. As on February 14, 2024, the procurement through GeM has soared to Rs 63,890 crore, which is 300 per cent of the annual target of Rs 21,325 crore, the coal ministry said in a statement. READ MORE

8:37 AM

ALERT:: Gift Nifty futures quote near 22,000, suggest 70-odd point gap-up

8:32 AM

Asian Market Update:: Japan's Nikkei up 0.7% even as country slips into recession

Source: Yahoo Finance

8:28 AM

Commercial vehicle sales likely to enter into a downcycle in 2024-25

Commercial vehicle (CV) sales in India are likely to decline in financial year 2024-25 (FY25) as the sector enters a period of lull, say analysts. The CV industry is expected to end FY24 with a 2-5 per cent growth in volume but in FY25 it may decline by 4-7 per cent, according to rating agency ICRA. READ MORE

8:24 AM

FPIs' investment value in equities jumps 13% to $738 bn in Dec quarter

"This could be attributed to the good performance of the domestic equity markets as well as strong net inflows from FPIs," the report noted. READ MORE

FPIs or foreign portfolio investors may have started responding to the second wave by cutting back on their India exposure

8:21 AM

RIL in talks for stake in Tata Play, may buy Disney's 29.8% share

Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL’s broader strategy to deepen its footprint in India’s television distribution sector. READ MORE

8:17 AM

Morgan Stanley planning to eliminate several hundred jobs in wealth unit

Morgan Stanley is planning to eliminate several hundred jobs, the first such move under Chief Executive Officer Ted Pick. READ MORE

8:14 AM

Fund flows: FIIs net sell, DIIs net buy on Wednesday

Foreign Institutional Investors (FIIs) net sold stocks worth Rs 3,930 crore on Wednesday, while Domestic Institutional Investors (DIIs) net purchased shares to the tune of Rs 2,898 crore.

8:11 AM