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

9:25 AM

Stock Market LIVE Updates: Nifty Realty, Metal, Pharma gain among sectors

Among sectors, Nifty Realty, Nifty Pharma and Nifty Metal were the top winners.

9:23 AM

Stock Market LIVE Updates: Broader indices in green

The BSE SmallCap index surged 0.76 per cent, while the BSE MidCap index scaled 0.34 per cent.

9:21 AM

Stock Market LIVE Updates: Heatmap check

HCL Tech, Sun Pharma, Asian Paints lead on the BSE Sensex.

9:19 AM

Stock Market LIVE Updates: Nifty50 above 23,550 level

The NSE's Nifty50 gained 29 points or 0.12 per cent at 23,588 level. 

9:17 AM

Stock Market LIVE Updates: Sensex trades in green at 77,761

The BSE Sensex stood at 77,761 level, up 70 points or 0.09 per cent.

9:10 AM

Stock Market LIVE Updates: Nifty50 mildly lower in pre-open

THe NSE's Nifty50 slipped 16 points or 0.07 per cent at 23,542 level. 

9:08 AM

Stock Market LIVE Updates: Sensex flat with a negative bias in pre-open

The BSE Sensex stood at 77,643 in pre-open level, down 47 points or 0.06 per cent. 

9:07 AM

Stock Market LIVE Updates: Rupee opens at Rs 84.40

Rupee was trading at Rs 84.40 per US dollar in early morning trades.

9:00 AM

Stock Market LIVE Updates: 'Investors will have to stay with quality stocks in sectors with strong demand'

Stock Market LIVE Updates: "During a correction phase in the market, like the present one, there will always be counter moves, which will facilitate a bounce back. This can happen any time now. 

The huge liquidity at the disposal of the DIIs can trigger this bounce back. But such a bounce back is unlikely to sustain since the fundamental factors are unfavourable. 

The Trump factor has triggered many profound changes in markets already. The dollar index is strong and rising and is currently at 106.61. The US 10-year bond yield is at 4.48 per cent. These two are strong headwinds for equity markets in emerging economies like India. 

The positive factor is the huge liquidity at the disposal of the DIIs and the sustained flows into these funds. Domestically, the worry is the disappointing Q2 results and the consensus earnings downgrade.

How long can these flows sustain? How early can we expect a rebound in earnings growth and strong GDP indications? These are relevant questions for which we will have to wait for answers. Meanwhile investors will have to stay with quality stocks in sectors with strong demand."

Views By: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

 

8:53 AM

Stock Market LIVE Updates: Stock market holiday: Long weekend alert! BSE, NSE closed on Friday, Nov 15

Stock Market LIVE Updates: Investors and traders will enjoy a long weekend in India as the stock market will be closed for trading on Friday, November 15, 2024, on account of Guru Nanak Jayanti.

Following the Gurunanak Jayanti celebration, markets will have a routine weekend holiday and will reopen on Monday, November 18, 2024, marking a 3-day break. READ MORE

 

8:44 AM

Stock Market LIVE Updates: Mkt regulator Sebi mulls action for lapses in Artificial intelligence usage

Stock Market LIVE Updates: The Securities and Exchange Board of India (Sebi) on Wednesday proposed norms to specify responsibilities on its registered entities like mutual funds, stock brokers and market infrastructure institutions (MIIs) for the use of artificial intelligence (AI) and machine learning (ML) tools.

 

Under the proposed norms, the market regulator aims to bring the usage under regulatory purview and define responsibilities on securities, privacy, investor data, and action in case of violations. READ MORE

 

8:43 AM

Stock Market LIVE Updates: Sebi proposes to double minimum net worth requirement for custodians

Stock Market LIVE Updates: India's markets regulator on Wednesday proposed changes to the regulatory framework for custodians, including doubling their minimum net worth requirement.

 

Custodians provide services such as safekeeping of assets and maintenance of securities accounts for clients like foreign portfolio investors, mutual funds, and portfolio managers. Currently, India has 17 registered custodians. READ MORE

 

 

8:41 AM

Stock Market LIVE Updates: Investors pump record sums into largecap-oriented schemes in October

Stock Market LIVE Updates: Two large-cap-oriented mutual fund (MF) offerings — flexi-cap funds and large-cap funds — witnessed a spike in investor interest in October amid the decline in the equity market. Both categories logged their all-time high inflows last month.

 

Large-cap funds, which invest at least 80 per cent of their corpus in larger companies, attracted Rs 3,452 crore in October. Inflows into flexi-cap schemes stood at Rs 5,181 crore. READ MORE

 

8:40 AM

Stock Market LIVE Updates: FMCG sector's defensive cloak feels tear of forces in stock market

Stock Market LIVE Updates: The fast-moving consumer goods (FMCG) sector is losing its status as a defensive sector. Historically, FMCG stocks have outperformed in a falling market, providing downside protection to portfolios. However, during the current market selloff, the FMCG index has underperformed the broader market. 

 

The National Stock Exchange (NSE) Nifty FMCG Index is down 13.6 per cent since the end of September, when the equity market peaked, compared to a 8.7 per cent decline in the benchmark NSE Nifty 50 during the same period. READ MORE
 

 

8:39 AM

Stock Market LIVE Updates: Markets enter 'correction' territory; inflation, USD adds to investors woes

Stock Market LIVE Updates: Domestic markets on Wednesday entered correction territory, with the benchmark Nifty and the broader market indices — Nifty Midcap 100 and Nifty Smallcap 100 — declining more than 10 per cent from their all-time highs.

 

Rising domestic inflation and a strengthening US dollar added to market woes, which were already under pressure from earnings disappointments and sustained foreign outflows. READ MORE