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

11:58 AM

Stock Market LIVE Updates: Blood on D Street: Why Nifty dropped below 24,000, Sensex fell 1,500 pts?

Stock Market LIVE Updates: Indian equity indices Sensex and Nifty opened in the negative territory and continued their downward spiral. Nifty50 plunged to an intraday low of 23,948.95, falling 2 per cent or 488.2 points from the previous close. Nifty had slipped below the 24,000 level last on August 6, 2024.

Mirroring the Nifty50, the BSE Sensex slumped to 78,232.6, down 1,491.52 points or 1.87 per cent. READ MORE

 

11:48 AM

Stock Market LIVE Updates: Market crash: Sensex staring at another 3,000-pt fall, technical charts say

Stock Market LIVE Updates: The markets started November on a somber note with the S&P BSE Sensex slipping nearly 1,500 points in intra-day deals to hit a low of 78,233 levels. If technical analysts are to be believed, the index has more room for a slide down to 72,000 levels in the worst-case scenario, wiping out all the gains made thus far in calendar year 2024 (CY24).

 

Technically, the BSE Sensex seems on course to test support at 78,120 levels, which was the R1 (Resistance 1) at the start of the calendar year 2024 (CY24). This resistance level is now likely to act as a support. READ MORE

 

11:35 AM

Stock Market LIVE Updates: FIIs start Nov series with light positions; bias tilted towards bearishness

Stock Market LIVE Updates: Foreign investors have reduced their net holdings in index futures to the lowest in more than 2 months. FIIs are seen starting the November F&O series with roughly 2.76 lakh contracts as against a high of 7.17 lakh contracts on September 23.

 

Aggressive selling by FIIs, due to a tactical shift to China, has impacted the domestic market appeal, which was already affected by weak corporate earnings and premium valuations, said Vinod Nair, Head of Research at Geojit Financial Services. READ MORE

 

11:20 AM

Stock Market LIVE Updates: Reliance Ind down 4%, hits over nine-month low; slips 20% from 52-week high

Stock Market LIVE Updates: Reliance Industries (RIL) shares hit an over nine-month low of Rs 1,289, as they slipped 4 per cent on the BSE in Monday’s intra-day trade amid heavy volumes. The stock price of the country’s most valued company in terms of market capitalisation is trading at its lowest level since January 10, 2024. It has corrected 20 per cent from its 52-week high level of Rs 1,608.95 (adjusted to 1:1 bonus) touched on July 8.

 

In one month, RIL has underperformed the market by falling 7 per cent, as the company reported muted earnings for the quarter ended September 2024. In comparison, the BSE Sensex was down 3.9 per cent during the same period. READ MORE

 

11:09 AM

Stock Market LIVE Updates: Strong demand in Oct revives manufacturing PMI to 57.5 from 8-month low

Stock Market LIVE Updates: Growth in India's manufacturing sector revived at the start of the third financial year as output growth accelerated, driven by faster increases in total new orders and international sales, according to a private business survey released on Monday.

 

The HSBC India manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 57.5 in October, up from an eight-month low of 56.5 in September. A figure above 50 on the index denotes expansion in activity, while a reading below 50 indicates contraction. READ MORE

 

11:05 AM

Stock Market LIVE Updates: 11 AM 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 11 AM, the BSE Sensex was down 1,341 points, or 1.68 per cent, at 78,382, while the Nifty 50 was at 23,859, lower by 444 points, or 1.83 per cent.

 

10:56 AM

Stock Market LIVE Updates: India October manufacturing PMI at 57.5 vs 56.5 MoM

10:41 AM

Stock Market LIVE Updates: Gensol Engineering zooms over 5% on securing Rs 780 crore solar PV project

Stock Market LIVE Updates: Gensol Engineering share price surged 5.45 per cent at Rs 860 a piece on the BSE in Monday’s intraday deals. This came after the company secured Rs 780 crore solar PV project from a leading public sector utility in Maharashtra.

 

The project involves the development of a 150 MWac ground-mounted solar PV power plant. The scope includes the manufacturing, supply, erection, inspection, installation, testing, and commissioning of a 150 MWac grid-connected ground-mounted solar PV power plant, along with the development of the associated power evacuation infrastructure to the STU substation. READ MORE

 

10:32 AM

Stock Market LIVE Updates: Here's why Refex Renewables & Infra was locked in 5% upper circuit today

Stock Market LIVE Updates: Refex Renewables & Infrastructure shares were locked in 5 per cent upper circuit at Rs 1,121.05 per share on Monday, November 04, 2024. This also marks the stock’s new 52-week high.

 

The uptick in Refex Renewables & infrastructure share price came after the company announced that its wholly-owned subsidiary, Refex Green Power Limited, has acquired balance 51 per cent equity stake from the existing shareholder, in Sherisha Solar SPV Two Private Limited, step-down subsidiary company. READ MORE

 

 

10:23 AM

Stock Market LIVE Updates: Record SUV sales in October pushes M&M shares 5% higher on Nov 4; details

Stock Market LIVE Updates: Automobile giant Mahindra and Mahindra (M&M) soared as much as 5.37 per cent to hit an intraday high of Rs 2,968.35 per share on Monday, November 04, 2024. 

 

The rise in M&M share price came after the company saw record monthly SUV sales in October, which rose 25 per cent year-on-year (Y-o-Y) to 54,504 units, from 43,708 units in October 2023. READ MORE

 

10:06 AM

Stock Market LIVE Updates: Afcons Infrastructure shares make poor debut: List at 7% discount

Stock Market LIVE Updates: Shares of Shapoorji Pallonji Group's flagship company, Afcons Infrastructure, made a subdued debut on the bourses on Monday. On the BSE, Afcons Infrastructure shares listed at Rs 430.5, reflecting a discount of 7 per cent against the IPO issue price of Rs 463.

 

Similarly, on the National Stock Exchange (NSE), Afcons Infrastructure listed at a discount of 7.99 per cent at Rs 426 against the IPO issue price. READ MORE

 

10:03 AM

Stock Market LIVE Updates: 10 AM 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 10 AM, the BSE Sensex was down 783 points, or 0.98 per cent, at 78,940, while the Nifty 50 was at 24,069, lower by 234 points, or 0.97 per cent.

 

9:47 AM

Stock Market LIVE Updates: Coal India drops over 2% as its Oct offtake falls slightly

Stock Market LIVE Updates: Reported a 0.5 per cent Y-o-Y decrease in October offtake, while production increased by 2.3 per cent Y-o-Y.

 

9:45 AM

Stock Market LIVE Updates: M&M climbs 5% after October sales jump 19.8% YoY to 96,648 units

Stock Market LIVE Updates: Mahindra & Mahindra's October month's total sales reached 96,648 units, up from 80,679 units Y-o-Y. Tractor sales in October were 64,326 units compared to 49,336 units Y-o-Y, also surpassing estimates of 49,200 units.

 

9:41 AM

Stock Market LIVE Updates: NMDC climbs 2% as it reports 17% YoY jump in iron ore sales in October 2024

Stock Market LIVE Updates: Reported October iron ore sales of 4.03 million tonnes (MT) compared to 3.44 MT year-over-year (Y-o-Y). Total iron ore production in October was 4.07 MT, up from 3.92 MT Y-o-Y.