Stock Market Highlights: Sensex slips 111 pts in subdued trade, Nifty holds 23,500; Smallcaps shine
Stock Market Highlights: 29 out of the 50 constituent stocks of the benchmark NSE Nifty50 ended lower, dragged by Hindustan Unilever, Britannia Industries, BPCL, Tata Consumer, and Nestle India
11:02 AM
At 11 AM, the BSE Sensex was lower by 50 points, or 0.07 per cent, at 77,640, while the Nifty 50 was flat at 23,558.
Stock Market LIVE Updates: 11 AM market update - Sensex, Nifty pare gains; trade muted
Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading on a subdued note on Thursday.
At 11 AM, the BSE Sensex was lower by 50 points, or 0.07 per cent, at 77,640, while the Nifty 50 was flat at 23,558.
10:55 AM
Stock Market LIVE Updates: FIIs add short positions in Nifty, Bank Nifty; OI rises up to 75% in Nov
Stock Market LIVE Updates: The NSE Nifty 50 tested its 200-DMA for the first time in the last 19 months in trades on Thursday. The NSE index has now plunged more than 10 per cent from its peak and technically entered a correction territory.
Deepak Jasani, Head of Retail Research at HDFC Securities says that the Nifty has entered correction territory, having fallen 10 per cent from the recent high. Cash market volumes on the NSE were higher, suggesting some bottom fishing by local investors. Broad market indices fell much more than the Nifty and this is reflected in the poor advance decline ratio. READ MORE
10:43 AM
Stock Market LIVE Updates: Nalco rises 5% on stellar Q2 show; PAT up nearly 5x, announces dividend
Stock Market LIVE Updates: National Aluminium Company (Nalco) shares gained 4.9 per cent in trade on Thursday and registered an intraday high of Rs 230.75 per share on BSE. The stock was in demand after the company posted around five-fold increase in Q2FY25 profit.
Around 9:46 AM, Nalco's share price was up 2.91 per cent at Rs 226.2 per share on BSE. In comparison, the BSE Sensex was up 0.07 per cent at 77,746.55. The market capitalisation of the company stood at Rs 41,223.2 crore. The 52-week high of the stock was at Rs 248 per share on BSE and 52-week low of the stock was at Rs 90.1 per share. READ MORE
10:33 AM
Stock Market LIVE Updates: Torrent Power slumps over 6% after net profit, Ebitda slip in Q2 results
Stock Market LIVE Updates: Torrent Power’s stock dipped as much as 6.32 per cent to hit an intraday low of Rs 1,541.45 per share on the BSE after the company reported a sluggish financial performance in its second quarter of financial year 2024-25 (Q2FY25).
Torrent Power Ltd. reported an 8.6 per cent year-on-year (Y-o-Y) decline in net profit for Q2 FY25, with earnings falling to Rs 481 crore from Rs 526 crore in the same quarter last year. However, the company saw a 3.1 per cent rise in revenue, which grew to Rs 7,175.8 crore from Rs 6,961 crore a year ago. READ MORE
10:27 AM
Around 9:21 AM, Godrej Industries shares were up 5.08 per cent at Rs 979.65 per share on BSE. In comparison, the BSE Sensex was up 0.14 per cent at 77,802.39. The market capitalisation of the company stood at Rs 32,988.23 crore. The 52-week high of the stock was at Rs 1,313.95 per share on BSE and 52-week low of the stock was at Rs 642.4 per share. READ MORE
Stock Market LIVE Updates: Godrej Industries gains 9% on posting over 2x profit in Q2, revenue up 22%
Stock Market LIVE Updates: Godrej Industries shares jumped 9 per cent in trade on Thursday, November 14 and registered an intraday high of Rs 1,016.5 per share on BSE. The buying in the stock came after the company reported healthy Q2FY25 results.
Around 9:21 AM, Godrej Industries shares were up 5.08 per cent at Rs 979.65 per share on BSE. In comparison, the BSE Sensex was up 0.14 per cent at 77,802.39. The market capitalisation of the company stood at Rs 32,988.23 crore. The 52-week high of the stock was at Rs 1,313.95 per share on BSE and 52-week low of the stock was at Rs 642.4 per share. READ MORE
10:13 AM
Similarly, on the National Stock Exchange (NSE), Niva Bupa Health Insurance shares listed at Rs 78.14, up Rs 4.14 or 5.59 per cent from its IPO allotment price. READ MORE
Stock Market LIVE Updates: Niva Bupa shares make positive debut on bourses; list at 6% premium
Stock Market LIVE Updates: Niva Bupa Health Insurance Company shares made a positive debut on D-Street on Wednesday. On the BSE, Niva Bupa Health Insurance shares listed at Rs 78.50, reflecting a premium of Rs 4.50 or 6.08 per cent from its IPO allotment price of Rs 74.
Similarly, on the National Stock Exchange (NSE), Niva Bupa Health Insurance shares listed at Rs 78.14, up Rs 4.14 or 5.59 per cent from its IPO allotment price. READ MORE
10:07 AM
At 10 AM, the BSE Sensex was ahead by 295 points, or 0.38 per cent, at 77,986, while the Nifty 50 was at 23,648, up 89.70 points, or 0.38 per cent.
Stock Market LIVE Updates: 10 AM market update - Sensex, Nifty climb
Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading higher on Thursday.
At 10 AM, the BSE Sensex was ahead by 295 points, or 0.38 per cent, at 77,986, while the Nifty 50 was at 23,648, up 89.70 points, or 0.38 per cent.
10:02 AM
This might not be India's decade, but this is India's century.
We're seeing a huge amount of opportunities to put capital to work, across asset classes.
Across the Summer, valuations became a little lofty, and hence, we've seen a little bit of profit taking.
That doesn't change the long-term strategic mindset (of global allocators), which is hugely favourable to India.
Stock Market LIVE Updates: Luke Barrs of Goldman Sachs, on US and India markets
Stock Market LIVE Updates: Luke Barrs of Goldman Sachs, says We've to separate near-term cylical allocation decisions from the long-term strategic decisions.
This might not be India's decade, but this is India's century.
We're seeing a huge amount of opportunities to put capital to work, across asset classes.
Across the Summer, valuations became a little lofty, and hence, we've seen a little bit of profit taking.
That doesn't change the long-term strategic mindset (of global allocators), which is hugely favourable to India.
9:54 AM
Stock Market LIVE Updates: Luke Barrs of Goldman Sachs, on US and India markets
Stock Market LIVE Updates: Luke Barrs of Goldman Sachs, says on EM vs developed markets, for markets like India, where there's possibility of further acceleration in advanced manufacturing in the China +1 scenario, post the US election, is very compelling.
9:51 AM
We've seen a strong uptick in sentiment in the US underpinned by growth cycle expected in the US.
Stock Market LIVE Updates: Luke Barrs of Goldman Sachs, on US and India markets
Stock Market LIVE Updates: Luke Barrs of Goldman Sachs, says there's optimism across equity markets.
We've seen a strong uptick in sentiment in the US underpinned by growth cycle expected in the US.
9:42 AM
Stock Market LIVE Updates: Apollo Tyres climbs 3% depite posting 37% YoY lower Q2 PAT at Rs 297 crore
Stock Market LIVE Updates: The tyre company's consolidated profit after tax (PAT) declined 37 per cent to Rs 297 crore in the September 2024 quarter as compared to Rs 474 crore in the July-September quarter of the f last financial year. Revenue from operations stood at Rs 6,437 crore in Q2 as compared to Rs 6,280 crore a year ago.
9:38 AM
Stock Market LIVE Updates: NBCC (India) climbs 4% after Q2 cons. net profit jumps more than 50% to Rs 125 cr
Stock Market LIVE Updates: The company reported a 53 per cent increase in its consolidated net profit at Rs 125.13 crore for the quarter ended September as compared to Rs 81.90 crore a year ago.
9:34 AM
Stock Market LIVE Updates: Nalco jumps 5% after Q2 net profit jumps 5x to Rs 1,045 crore
Stock Market LIVE Updates: State-owned National Aluminium Company's (Nalco) consolidated net profit rose more than five-fold to Rs 1,045.97 crore in the quarter ended September 2024 as compared to Rs 187.35 crore a year ago.
The company's board has approved an interim dividend of Rs 4 per share for the current financial year.
The company's board has approved an interim dividend of Rs 4 per share for the current financial year.
9:32 AM
Stock Market LIVE Updates: Vodafone Idea climbs mildly as Q2 net loss narrows to Rs 7,175 crore
Stock Market LIVE Updates: The company reported a net loss of Rs 7,175.9 crore in the September quarter (Q2FY25) as compared to a loss of Rs 8,737 crore in the corresponding quarter of FY24. On a sequential basis. However, the firm’s net loss was 11.5 per cent higher than the Rs 6,432 crore loss reported in Q1.
9:27 AM
Stock Market LIVE Updates: Eicher Motors, HCL Tech, Hindalco lead on NSE
Eicher Motors, HCL Tech, Hindalco led gains on NSE.
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First Published: Nov 14 2024 | 8:10 AM IST