Market Close Highlights, Oct 24: Sensex ends flat, Nifty below 24,400; Banks lead, FMCG drags

Stock Market Highlights: 26 out of 50 constituent stocks of Nifty50 ended in the green, led by Ultratech Cement, Shriram Finance, Grasim, Titan, and Mahindra & Mahindra

12:51 PM

Stock Market LIVE Updates: RIL Chairman Mukesh Ambani, says "We have to repeat what we did with Jio for AI"

Stock Market LIVE Updates: Ambani says "For India and Indians, we have to repeat the Jio, for intelligence to be really affordable, available to the common people. Towards that, it is important that we design and build infrastructure so that to use AI, customers don't have to change their phones, or computers. But they can still get good quality AI and we take the burden of putting that infrastructure together. And that is what we are counting on you (Jensen Huang, CEO, Nvidia) and us to do." 

12:45 PM

Stock Market LIVE Updates: RIL Chairman Mukesh Ambani says RIL building 1 GW computing power at Jamnagar

Stock Market LIVE Updates: Ambani says "India needs the best technology. What we are doing at Jamnagar is that we're now ready for big scale-up; we're building infrastructure and we think big so we're building infrastructure for 1 Giga Watt, which can be expanded to multiple GW."

 

12:39 PM

Stock Market LIVE Updates: RIL Chairman Mukesh Ambani says, RIL to partner with NVIDIA to drive AI adoption

Stock Market LIVE Updates: RIL Chairman Mukesh Ambani says "We need to repeat what Jio did with intelligence to bring AI to common people." 

That's were we come in, by building the infrastructure, he said.

 

12:35 PM

Stock Market LIVE Updates: Tata Comm gains 3% on partnering with Nvidia for AI cloud infra in India

Stock Market LIVE Updates: Tata Communications shares rose 3.2 per cent on Thursday (October 24) and registered an intraday high of Rs 1,836.1 per share on BSE. The buying interest in the stock sparked after the company upgraded its Artificial Intelligence (AI) cloud infrastructure in India.

 

At around 11:56 AM, Tata Communications shares were up 2.92 per cent at Rs 1,831.05 per share. In comparison, the BSE Sensex was down by 0.04 per cent at 80,046.63 at around the same time. The market capitalisation of the company at around the same time stood at Rs 52,184.93 crore.  READ MORE

 

12:27 PM

Stock Market LIVE Updates: TVS Motors launches new TVS Raider variant, iGO with a first-in-class 'Boost Mode'

Stock Market LIVE Updates: TVS Motor Company today announced the launch of a new variant, the TVS Raider iGO to celebrate surpassing one million sales milestone for this brand. 

The company, in an exchange filing, said, "The newly launched TVS Raider boasts of the 'boost mode', a category first feature enabled by iGO Assist technology." 

The variant features a new Nardo Grey colour complemented by red alloys, along with an upgraded reverse LCD Connected cluster packed with over 85 connected features, the company added. 

This combination enhances the motorcycle’s sporty and premium appeal, ensuring exciting , safe and connected ride. 

 

12:16 PM

Stock Market LIVE Updates: Pidilite Industries shares gain 4% after steady Q2FY25 results; details

Stock Market LIVE Updates: Pidilite Industries shares hit an intraday of Rs 3219.25 a piece, rising 4.13 per cent on the BSE. The stock moved upwards on Thursday after the company reported its quarterly earnings for the second quarter of the financial year 2024-25 (Q2FY25).

 

Pidilite Industries reported a consolidated net profit increase of 17.83 per cent, reaching Rs 540.30 crore for the second quarter ended September 30, 2024, driven by favourable input prices and volume growth. READ MORE

 

12:09 PM

Stock Market LIVE Updates: HSBC flash India composite PMI rises to 58.6 in Oct; job creation improves

Stock Market LIVE Updates: India's private sector economy picked up slightly in October after softening last month as manufacturing reported stronger demand, according to a survey that also showed job creation rose at the fastest pace since February 2006.

 

 HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 58.6 this month from September's final reading of 58.3, which was a 10-month low. READ MORE

 

12:04 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty maintain lower levels

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading in the negative, after a higher open on Thursday.

At 12 PM, the BSE Sensex was down 31 points, or 0.04 per cent, at 80,050, while the Nifty 50 was at 24,402, lower by 32 points, or 0.13 per cent.

11:51 AM

Stock Market LIVE Updates: Why SBI Life stock fell 5% despite net profit rising 39% YoY; reasons here

Stock Market LIVE Updates: Shares of SBI Life Insurance fell 5.4 per cent at Rs 1,623 per share on the NSE in Thursday’s intraday deals. This came after the company posted its quarterly earnings for the second quarter of the financial year 2024-25 (Q2FY25). 

 

The company’s net premium income rose by just 1 per cent Y-o-Y, totaling Rs 20,266 crore for the July-September 2024 period. On the other hand, first-year premium income grew by 6 per cent to Rs 4,915 crore, up from Rs 4,633 crore a year ago. READ MORE

 

11:40 AM

Stock Market LIVE Updates: Sebi chairperson Madhabi Puri Buch says she will not attend PAC meeting today

11:24 AM

Stock Market LIVE Updates: IIFL Finance stock dips 6% as company slips into loss of Rs 93 cr in Q2

Stock Market LIVE Updates: IIFL Finance shares declined 5.5 per cent on Thursday and clocked an intraday low of Rs 396.35 per share on BSE. The stock slipped after the company reported a net loss in the second quarter ended September 30, 2024.

 

 At around 10:11 AM, IIFL Finance shares were down 5.55 per cent at Rs 396.5 per share. In comparison, the BSE Sensex was down 0.04 per cent at 80,051.72 at around the same time. The market capitalisation of the company at around the same time stood at Rs 16,829.65 crore. READ MORE

 

11:10 AM

Stock Market LIVE Updates: Aster DM Healthcare stock skyrockets 14% after turnaround in Q2FY25

Stock Market LIVE Updates: Aster DM Healthcare stock skyrocketed 13.90 per cent at Rs 457.90 a piece on the NSE in Thursday’s intraday deals. This came after the company posted strong quarterly earnings for the second quarter of the financial year 2024-25 (Q2FY25). 

The hospital chain reported a net profit of Rs 96.84 crore in the September quarter, marking a significant turnaround from a net loss of Rs 30.79 crore in the same period last fiscal year. Revenue also grew by 16 per cent year-on-year to Rs 1,086 crore in Q2 FY25, compared to Rs 934 crore in the corresponding period last year. READ MORE

 

11:02 AM

Stock Market LIVE Updates: 11 AM market update - Sensex, Nifty trade in red

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading in the negative, after a higher open on Thursday.

At 11 AM, the BSE Sensex was down 60 points, or 0.07 per cent, at 80,022, while the Nifty 50 was at 24,407, lower by 28 points, or 0.12 per cent.

 

10:56 AM

Stock Market LIVE Updates: Ashok Leyland unit bags order to deliver & operate 500 EV buses from MTC, Chennai

Stock Market LIVE Updates: Ashok Leyland today informed that its subsidiary OHM Global Mobility has bagged an order for 500 12-m ultra-low floor electric buses from the Metropolitan Transport Corporation (MTC), Chennai. 

OHM is Ashok Leyland’s electric mobility arm, focused on Mobility-as-a-Service business. 

Switch Mobility, another subsidiary of Ashok Leyland, shall supply state-of-the-art, EiV12 model buses to OHM, who in turn shall operate and maintain the buses over a period of 12 years, as per the contract awarded by MTC, the company said in an exchange filing. 

While 400 of these buses will be non-AC, 100 buses will be equipped with air conditioning as well, it added. 

 

10:49 AM

Stock Market LIVE Updates: Aurionpro bags multi-million-dollar deal from a leading bank in South Asia

Stock Market LIVE Updates: Aurionpro today informed that it has bagged a multi-million-dollar win in the Asian market. 

The company, in an exchange filing said that its new project win entails delivering iCashpro+, its Transaction Banking Solution, for a leading bank across multiple countries in South Asia. 

It added that the platform will enhance the overall customer experience for the bank’s corporate clients.

Aurionpro’s iCashpro+ offers advanced cash management features such as digital payments, virtual accounts, and liquidity management, enabling transaction efficiency and providing real-time insights into liquidity and payment flows.