Market Highlights, Sept 17: Sensex up 90pts, Nifty holds 25,400; BHFL hits upper band for 2nd day

Stock Market Highlights: As many as 29 constituent stocks on the Nifty50 ended in the red, dragged by Tata Motors, Eicher Motors, Tata Steel, Coal India, and JSW Steel

8:11 AM

Stock Market LIVE Updates: Robust equity inflows likely to keep earnings growth strong for AMCs

Stock Market LIVE Updates: The mutual fund industry’s QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25).

The equity segment grew 55 per cent Y-o-Y and equity formed 56 per cent of total AUM, up 49 per cent in Q1FY24.

Sequentially, AUM grew by Rs 5 trillion. Equity net inflows stood at Rs 1.3 trillion in Q1FY25, with equity AUM up to Rs 33 trillion. READ MORE

8:08 AM

Stock Market LIVE Updates: Largecaps appear reasonably valued: Capitalmind CEO Deepak Shenoy

Stock Market LIVE Updates: Investors entering equities should come in with a long-term horizon to ensure short-term fluctuations amid high valuations do not derail the wealth generation, says Deepak Shenoy, chief executive officer and founder of Capitalmind. 
 

In an interview with Abhishek Kumar, Shenoy discusses how domestic-focused sectors like manufacturing, defence, railways, domestic consumption, and infrastructure are ready for long-term growth. READ MORE

 

8:02 AM

Stock Market LIVE Updates: Nifty Financial Services in 'overbought' zone; PSU Bank eyeing pullback

Stock Market LIVE Updates: The NIFTY Financial Services Index, which rallied recently, is now consolidating within a narrow range of 24,000 to 23,950. 

A breakout above or below this range could trigger momentum in the corresponding direction. READ MORE

 

8:01 AM

Stock Market LIVE Updates: Stock Market today - US Fed policy, India's WPI, P N Gadgil listing on radar

Stock Market LIVE Updates: Indian benchmark indices--Sensex and Nifty--are likely to edge higher after hitting record highs in the previous session. 

At around 6:57 AM, GIFT Nifty futures were up 47.75 points at 25,490.5. READ MORE

 

7:56 AM

Stock Market LIVE Updates: Crude gains on US supply concerns

Stock Market LIVE Updates: Oil prices extended gains on Tuesday as the market eyed US output concerns in the aftermath of Hurricane Francine and expectations of lower US crude stockpiles.

Brent crude futures for November rose 28 cents, or 0.38 per cent at $73.03 per barrel at 7:55 AM. US crude futures for October gained 47 cents, or 0.67 per cent, at $70.43 a barrel.

 

7:51 AM

Stock Market LIVE Updates: Asia-Pacific markets mixed

Stock Market LIVE Updates: Most markets in the Asia-Pacific markets were trading mixed on Tuesday, following overnight trends on the Wall Street, as investors awaited the Federal Reserve's monetary policy decision.

Some Asian markets, including South Korea, mainland China and Taiwan, were closed on Tuesday for the Mid-Autumn festival. 

Meanwhile, Hong Kong’s Hang Seng index opened 0.56 per cent higher, while Australia’s S&P/ASX 200 opened 0.24 per cent higher.

Japan’s Nikkei 225 declined 1.24 per cent, and Topix was down 1.07 per cent.

 

7:44 AM

Stock Market LIVE Updates: Wall Street closes mixed

Stock Market LIVE Updates: Overnight on the Wall Stree, the Dow Jones Industrial Average rose 0.55 per cent to a new record high at 41,622.08, following the rise in the S&P 500 that climbed 0.13 per cent to settle at 5,633.09. 
 

However, the Nasdaq Composite declined 0.52 per cent to close at 17,592.13, dragged down by tech stocks.

7:39 AM

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