Market Crash Highlights: Sensex sheds 940 points, Nifty settles below 24,000; all sectors end in red

Stock Market Highlights: Indian benchmark equity indices declined after a lower open on Monday, amid mixed global cues

2:34 PM

Stock Market LIVE Updates: Exide Industries share price drop 4% after net profit slips 14% YoY in Q2

Stock Market LIVE Updates: Exide Industries shares lost 3.9 per cent on in trade and registered an intraday low of Rs 437.7 per share on BSE. The downward movement in the stock can be attributed to the company posting a decline in net profit year-on-year (Y-o-Y). READ MORE 

 

2:30 PM

Stock Market LIVE Updates: This Ashish Kacholia-owned stock zooms 4% on fundraise plan; do you own?

Stock Market LIVE Updates: Shares of IT services provider E2E Networks, backed by Ashish Kacholia, advanced 4.10 per cent to hit a 52-week high of Rs 4,700 in an otherwise weak market on Monday. Nearly 0.76 lakh equity shares of E2E Networks, worth around Rs 33.55 crore, exchanged hands on the NSE. READ MORE

2:22 PM

Stock Market LIVE Updates: Maruti Suzuki passenger car output falls 16%, utility vehicle rises 33%

Stock Market LIVE Updates: Car market leader Maruti Suzuki India cut production of its passenger cars by 16 per cent last month but increased those of utility vehicles by 33 per cent compared to October 2023, according to a regulatory filing by the company. Its passenger cars production stood at 89,174 units last month against 1,06,190 units in October 2023, down 16 per cent, Maruti Suzuki India said in the filing. READ MORE

2:14 PM

Stock Market LIVE Updates: TajGVK Hotels shares zoom 9% after posting 76% jump in profits in Q2

Stock Market LIVE Updates: TajGVK Hotels and Resorts share price surged 9.50 per cent at Rs 335.85 a piece on the BSE in Monday’s intraday deals. This came after the company reported strong net profits in its second quarter of financial year 2024-25 (Q2FY25).

The hotel company’s revenue from operations stood at 105.17 crore in Q2FY25, rising 17.6 per cent year on year, compared with Rs 89.42 crore in the corresponding quarter of the previous year. On a quarterly basis, the revenue surged 13.3 per cent versus Rs 92.81 crore recorded in the June quarter of FY25. READ MORE

 

2:02 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty trade with deep cuts

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading with deep cuts on Monday, amid mixed global cues.

At 2 PM, the BSE Sensex was down 1,177 points, or 1.48 per cent, at 78,546, while the Nifty 50 was at 23,914, lower by 389 points, or 1.6 per cent.

 

1:53 PM

Stock Market LIVE Updates: Mid, smallcap stocks outlook: Worst not over yet, caution analysts

Stock Market LIVE Updates: The ongoing correction in mid and smallcap stocks (SMID) is likely to extend further, analysts cautioned on Monday.

The warning comes even as the Nifty MidCap100 index and the Nifty SmallCap100 index have declined 6.7 per cent and 3 per cent, respectively, in the month of October, and 8.8 per cent and 6.9 per cent from their respective all-time highs, as per ACE Equity data. READ MORE

 

1:37 PM

Stock Market LIVE Updates: Afcons rebounds 12% after clinching deal to build part of Bhopal metro line

Stock Market LIVE Updates: Afcons Infrastructure (AIL) shares climbed to Rs 470.70, bouncing back 12 per cent from their day's low on the BSE in Monday’s intra-day trade after the company was declared the lowest (L1) bidder for Bhopal metro project line 2 package BH-05. Afcons’ bid of Rs 1,006.74 crore was declared the lowest (L1) bid.

 

At 12:56 pm, Afcons Infrastructure share price was at Rs 470, nearly 2 per cent higher from its issue price of Rs 463 per share on the BSE. A combined nearly 53 million equity shares had changed hands on the NSE and BSE. READ MORE

 

1:24 PM

Stock Market LIVE Updates: Gateway Distriparks starts double stack rail services at Faridabad container depot

Stock Market LIVE Updates: Gateway Distriparks today informed that it has launched Double Stack Rail services at its Inland Container Depot (ICD) in Faridabad. 

This marks ICD Faridabad as the first and only location in the region to offer Double Stack services, providing a significant competitive advantage with direct connectivity to major seaports such as Mundra, Pipavav, and Nhava Sheva via the Western Dedicated Freight Corridor (WDFC), the company said in an exchange filing.

With the addition of ICD Faridabad, GDL now operates Double Stack services at three hubs, including its ICDs in Gurgaon and Viramgam, all connected through the WDFC.

The introduction of Double Stack Rail services at ICD Faridabad will enhance the carrying capacity, improve the productivity of GDL’s 34 trainsets, and facilitate container movement from its other ICD locations, it added.

 

1:12 PM

Stock Market LIVE Updates: AMFI recategorisation: Hyundai, BHFL poised for Largecap entry, says Nuvama

Stock Market LIVE Updates: Newly listed companies are poised to make waves in the upcoming stock re-categorisations, slated for early January 2025 by the Association of Mutual Funds in India (AMFI). Changes will take effect from February 1, 2025, based on market data from July 1 to December 31, 2024.

 

According to Abhilash Pagaria, Nuvama's Head of Alternative & Quantitative Research, Hyundai Motor India and Bajaj Housing Finance are likely candidates for Largecap reclassification. READ MORE

 

 

 

1:02 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty trade with deep cuts

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading with deep cuts on Monday, amid mixed global cues.

At 1 PM, the BSE Sensex was down 1,304 points, or 1.64 per cent, at 78,419, while the Nifty 50 was at 23,856, lower by 447 points, or 1.84 per cent.

 

12:55 PM

Stock Market LIVE Updates: Steel Strips slips 4% after releasing Oct sales nos; Check details

Stock Market LIVE Updates: Steel Strips Wheels shares slipped 4 per cent in trade on Monday and registered an intraday low of Rs 198.95 per share on BSE. The stock declined after the company's monthly net turnover and gross turnover declined.

 

Around 12:18 PM, Steel Strip shares were down 2.46 per cent at Rs 202.15 per share. In comparison, the BSE Sensex was down 1.4 per cent at 78,604.66. The market capitalisation of the company stood at Rs 3,172.33 crore. READ MORE

 

12:41 PM

Stock Market LIVE Updates: Afcons emerges as L1 bidder for Rs 1,006-cro Bhopal Metro Phase 1, Line 2 package

Stock Market LIVE Updates: Afcons Infrastructure today announced that it has been declared as the lowest bidder for construction Package BH-05 of Bhopal Metro Phase 1 project’s 12.915 km Blue Line (Line-2) which will connect Bhadbhada Chauraha – Ratnagiri Tiraha via 13 elevated stations. Afcons’ bid of Rs 1,006.74 crore was declared the lowest - L1

The company, in an exchange filing, said, "This package by Madhya Pradesh Metro Rail Corporation (MPMRCL) includes the construction of the entire Blue Line’s viaduct, 13 stations, and a ramp leading to Subhash Nagar Depot which will be shared with Orange Line (Karond Circle – AIIMS) for maintaining and stabling."

MPMRCL had invited bids for the Blue Line’s construction, financed by the European Investment Bank (EIB) through a €400 million loan. The contract comes with a 3 year construction deadline, it added.

 

12:31 PM

Stock Market LIVE Updates: This smallcap stock hit over 8-yr high in weak market; zooms 237% in 5 mths

Stock Market LIVE Updates: Shares of Kitex Garments hit over eight-year high of Rs 642.15, locked in upper circuit of 5 per cent on the BSE in Monday’ intra-day trade in otherwise a weak market. Till 11:27 AM; a combined 2.09 million equity shares changed hands with pending buy orders for a combined 26,000 shares on the NSE and BSE. In comparison, the BSE Sensex was down 1.6 per cent or 1,264 points at 78,460. In five months, the stock price of Kitex Garments has zoomed 237 per cent from level of Rs 190.60 on June 4. READ MORE

 

12:17 PM

Stock Market LIVE Updates: Equity investors become poorer by Rs 7.37 trillion as markets tumble

Stock Market LIVE Updates: Investors' wealth eroded by Rs 7.37 lakh crore on Monday morning, as the equity markets fell sharply with the BSE Sensex tumbling 1,192 points.

Markets were dragged down by Reliance Industries and unabated selling by foreign investors. Investors also turned cautious ahead of the US presidential elections and Federal Reserve interest rate decision scheduled to be announced later this week.
 

The BSE benchmark tanked 1,192 points to 78,532.12 during the morning trade. READ MORE

 

12:04 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty trade with deep cuts

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading with deep cuts on Monday, amid mixed global cues.

At around 12 PM, the BSE Sensex was down 1,160 points, or 1.46 per cent, at 78,563, while the Nifty 50 was at 23,920, lower by 383 points, or 1.58 per cent.