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.

9:18 AM

Stock Market LIVE Updates: Nifty marginally lower at open

Stock Market LIVE Updates: Nifty slips 0.4 per cent, trading at 25,269.70 levels.

9:16 AM

Stock Market LIVE Updates: Sensex opens marginally higher

Stock Market LIVE Updates: Sensex opens marginally higher, up 0.02 per cent at 82,577.42 levels.

9:10 AM

Stock Market LIVE Updates: Nifty50 rises marginally in pre-open

Stock Market LIVE Updates: Nifty50 rose 0.14 per cent or 35 points to 25,313.40 levels in pre-open.

9:08 AM

Stock Market LIVE Updates: Sensex adds 90 points in pre-open

Stock Market LIVE Updates: Sensex rises 92 points or 0.11 per cent to 82,651.93 levels in pre-open.

8:57 AM

Stock Market LIVE Updates: 100% of our chip capacity is tied up with global firms: Kaynes SemiCon CEO

Stock Market LIVE Updates: The Cabinet on Monday approved the fourth outsourced semiconductor assembly and test (OSAT) plant in the country, with Kaynes SemiCon receiving the go-ahead for its chip assembly and packaging unit. 

This project involves an investment of Rs 3,307 crore in Sanand, Gujarat. Its Chief Executive Officer Raghu Panicker, who will oversee the project, talks to Surajeet Das Gupta about their plan of action. READ MORE

8:55 AM

Stock Market LIVE Updates: Dividend, Bonus, Buyback: 17 stocks turn ex-date today; are you eligible?

Stock Market LIVE Updates: Shares of Deepak Fertilisers & Petrochemicals Corporation, and 14 other companies will remain in focus as they will go ex-date for the dividends they have announced. Besides these, shares of Garment Mantra Lifestyle and Nucleus Software Exports will trade ex-date for the bonus issue and share buyback, respectively, that they have announced. READ MORE

 

8:48 AM

Stock Market LIVE Updates: India can't rely on wealthy to drive growth: Ex-RBI Dy Guv Viral Acharya

Stock Market LIVE Updates: India can’t rely on wealthy individuals to drive growth and expect the overall economy to improve, Viral Acharya, former deputy governor of the Reserve Bank of India (RBI) said on Monday.

Acharya, who is the C V Starr Professor of Economics in the Department of Finance at New York University’s Stern School of Business (NYU-Stern), said after the Covid-19 pandemic, rural consumption and investments have weakened. READ MORE

 

8:46 AM

Stock Market LIVE Updates: Wealth of richest 185 Indians surges past $1 trillion, one woman in top 10

Stock Market LIVE Updates: The collective wealth of the wealthiest people in India has surged past the $1 trillion mark, reaching a staggering $1.19 trillion (Rs 99.86 trillion), a report by Fortune India revealed on Monday.

The list features as many as 185 people with ‘dollar billionaire’ status, meaning they have wealth of at least $1 billion. READ MORE

 

8:45 AM

Stock Market LIVE Updates: Buy Macrotech & Sunteck; Hold Oberoi Realty & Godrej Prop, suggests Nuvama

Stock Market LIVE Updates: Nuvama on Real Estate players - Domestic brokerage Nuvama maintains a positive outlook on the real estate sector, particularly for Mumbai-based developers.

Analysts are recommending a ‘Buy’ on Macrotech Developers and Sunteck Realty, citing their expected benefits from strong housing sales in Mumbai. READ MORE

 

8:43 AM

Stock Market LIVE Updates: Stocks to Watch today - Adani Green, Vedanta, Ireda, Sterlite Tech, NMDC, TaMo

Stock Market LIVE Updates: Tata Motors has launched the Curvv Coupe SUV, an ICE variant of its recently unveiled electric vehicle, priced at Rs 9.99 lakh (ex-showroom Delhi) for an introductory period. 
 

The Curvv offers dual-clutch automatic transmission across all engine options and will compete with established models like Hyundai Creta and Kia Seltos in the mid-SUV segment. READ MORE

 

8:41 AM

Stock Market LIVE Updates: Why it makes strategic sense to incentivise domestic chip research

Stock Market LIVE Updates: The Union Cabinet on Monday approved the proposal of Kaynes Semicon Pvt Ltd to set up a semiconductor unit in Sanand, Gujarat. 

The government has been providing substantial capital subsidies for joint ventures in semiconductor manufacturing. After some false starts, New Delhi has approved five ventures entailing investment worth about Rs 1.5 trillion. READ MORE

 

8:40 AM

Stock Market LIVE Updates: Godfrey Phillips's Samir Modi pushes for personal votes over trustee block at AGM

Stock Market LIVE Updates: Tobacco giant Godfrey Phillips India (GPIL) Director Samir Modi has pleaded that due to a lack of unanimity among the four family members, they should be allowed to vote individually based on their effective share in the trust at the annual general meeting (AGM), which will be held on September 6. READ MORE

 

8:36 AM

Stock Market LIVE Updates: Looking to invest in 8 to 10 strong brands: Emami V-C, MD Harsha V Agarwal

Stock Market LIVE Updates: Kolkata-based fast-moving consumer goods firm Emami on Saturday said it would buy the balance 49.6 per cent stake in Helios Lifestyle, the owner of men’s grooming brand The Man Company, giving it complete ownership. 

In an interview in Kolkata, Emami Vice-chairman and Managing Director Harsha V Agarwal takes Ishita Ayan Dutt through the plans to make The Man Company a Rs 1,000 crore brand, and the focus going ahead. READ MORE

 

8:30 AM

Stock Market LIVE Updates: SBI aims for cashflow-based lending to SMEs, says chairman C S Setty

Stock Market LIVE Updates: India's larges public sector lender State Bank of India (SBI), aims to completely transform its SME sector loans up to an amount of Rs 5 crore. 

The bank plans to move from collateral-based loan assessments to a cash-flow-based method for loans backed by credit guarantee schemes, according to its chairman C S Setty. READ MORE

 

8:24 AM

Stock Market LIVE Updates: Majority of IPO shares are sold in 7 days, 70% within a year: Sebi study

Stock Market LIVE Updates: According to a study conducted by capital markets regulator Securities and Exchange Board of India (Sebi), a majority of investors who get shares allotted in an initial public offering (IPO) sell their shares within a week, while 70 per cent investors sell them within a year. READ MORE