Stock Market Highlights, Sept 03: Nifty closes nearly flat, Sensex in red; broader markets gain

Stock Market Highlights: The NSE Nifty 50 index has rallied 4.7 per cent or 1,140 points in the last 14 straight trading sessions.

SI Reporter New Delhi

Illustration: Ajay Mohanty

11:16 AM

Stock Market LIVE Updates: Stock in focus - TCS announces partnership with Google cloud

Stock Market LIVE Updates: Leading global player in IT services and consulting, Tata Consultancy Services (TCS), has informed the exchanges that it has expanded its partnership with Google Cloud to offer two new cybersecurity solutions for customers. "This partnership aims to strengthen cyber resilience for enterprises across industries and empower them with domain-focused innovation and cutting-edge technologies from TCS and Google Cloud," TCS said in a release.

Company's stock was quoted trading flat at Rs 4,521.40 on teh NSE.

10:58 AM

Stock Market LIVE Updates: Kaynes Tech rallies 8% on govt approval for semiconductor unit in Gujarat

Stock Market LIVE Updates: Shares of Kaynes Technologies rallied 8 per cent to Rs 5,052.25 on the BSE in Tuesday’s intra-day trade after the Union Cabinet approved the proposal of Kaynes Semicon Pvt Ltd, a wholly owned subsidiary of the company, to setup a semiconductor unit in Sanand, Gujarat. The proposed unit will be setup with an investment of Rs 3,300 crore. The fabrication unit will have the capacity to produce six million chips per day. READ MORE

10:45 AM

Stock Market LIVE Updates: HAL rises 5% after Cabinet approves Rs 26,000-cr order for 240 aero-engines

Stock Market LIVE Updates: Shares of Hindustan Aeronautics Limited (HAL) surged as much as 5.09 per cent to hit an intraday high of Rs 4,925 per share on September 3, 2024. The rise in HAL share price came after the Cabinet Committee on Security, on September 02, 2024, approved the proposal for procurement of 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF) under Buy (Indian) category from Hindustan Aeronautics Limited (HAL) at a cost of over Rs 26,000 crore inclusive of all taxes and duties. READ MORE

10:39 AM

Stock Market LIVE Updates: Brigade Enterprises up 5% after launching Rs 1,500 crore QIP

Stock Market LIVE Updates: Brigade Enterprises shares gained as much as 4.8 per cent on Tuesday (September 3), after the company launched its qualified institutional placement (QIP) post market hours on Monday. READ MORE

10:26 AM

Stock Market LIVE Updates: Premier Energies shares double investors money with bumper debut on bourses

Stock Market LIVE Updates: Shares of solar cell maker Premier Energies made a stellar debut on the stock market on Tuesday. The company's shares listed at Rs 991 on the BSE, marking a whopping 120.22 per cent premium over the upper end of its issue price of Rs 450. On the NSE, Premier Energies shares opened at Rs 990, reflecting a 120 per cent premium. READ MORE

10:15 AM

Stock Market LIVE Updates: L&T Technology Services gets recognised as John Deere partner-level supplier

Stock Market LIVE Updates: L&T Technology Services today informed that it has earned recognition as a Partner-level supplier for the fourth year in a row in the John Deere Achieving Excellence (AE) Program.

The Partner-level status is Deere & Company’s highest supplier rating.

10:05 AM

Stock Market LIVE Updates: 10 AM market update

Stock Market LIVE Updates: Indian benchmark indices were trading on a subdued note, after opening marginally higher on Tuesday.

The BSE Sensex was at 82,456.53, down by 0.13 per cent, while the Nifty 50 was at 25,253, down by 0.1 per cent.

9:54 AM

Stock Market LIVE Updates: KFin Tech launches wealth management platform for family offices & asset managers

Stock Market LIVE Updates: KFin Technologies today launched an advanced, omnichannel wealth management solution called mPower Wealth.

The company, in an exchange filing, saidn the platform is designed to address the needs of wealth managers, family offices, banks and external asset managers.

It offers integration across front, mid and back-office operations, multi-asset, multi-currency capabilities, and technology to help wealth managers improve client experiences, the company added.

9:46 AM

Stock Market LIVE Updates: HAL up 2.7% after govt approves procurement of 240 aero-engines for Rs 26,000 cr

Stock Market LIVE Updates: Hindustan Aeronautics today informed that the Cabinet Committee on Security has approved the purchase of 240 aero-engines for Su-30 MKI aircraft of the Indian Air Force.

The company, in an exchange filing, said that the deal is worth Rs 26,000 crore.

9:39 AM

Stock Market LIVE Updates: MedPlus Health Services gains after getting stay against store suspension order

Stock Market LIVE Updates: MedPlus Health Services informed on Monday that it has received a stay order against the suspension order dated May 22, 2024 of a store located at Patidar Complex in Vikhroli, Maharashtra, from the appropriate authority.

9:30 AM

Stock Market LIVE Updates: Kaynes Technologies up 6% after govt approves its semiconductor facility proposal

Stock Market LIVE Updates: The Union Cabinet on Monday approved India's fifth semiconductor facility, to be established by Kaynes Technology in Sanand, Gujarat.

This assembly, testing, marking, and packaging (ATMP) unit will involve a total investment of Rs 3,307 crore and have the capacity to produce 6.3 million chips per day. READ MORE

9:27 AM

Stock Market LIVE Updates: Sterlite Technologies up 2% after co settles dispute over delays & unmet obligation

Stock Market LIVE Updates: The company has agreed to a $467,400 settlement with the Data Management Centre to resolve a dispute over delays and unmet obligations. The settlement, which avoids admission of liability, resolves claims originally amounting to $2.7 million.

9:24 AM