Market Close Highlights: Sensex ends 50 pts lower at 79,500; Nifty at 24,150; PSB, Oil drag, IT up

Stock Market Highlights: Benchmark Indian equity indices ended in the red for the second straight session on Friday, weighed most by financial and OMC stocks

8:25 AM

Stock Market LIVE Updates: Stocks to Watch, Nov 8 - Lupin, Cochin Shipyard, Astral, Emami, RVNL, NHPC

Stock Market LIVE Updates: Cochin Shipyard reported a Q2FY25 net profit of Rs 193 crore, which is slightly lower than Rs 200 crore in the same period last year and Rs 180 crore from the previous quarter.

Revenue for the quarter rose to Rs 1,097 crore from Rs 954 crore in Q2FY25 FY23. READ MORE

 

8:24 AM

Stock Market LIVE Updates: Here's how to trade Nifty Pharma, FMCG and Energy indices on Nov 8; details

Stock Market LIVE Updates: The Nifty Energy Index is currently trading within a well-defined range between 39,700 and 38,150. Given this range-bound movement, a conservative trading strategy of buying near support and selling near resistance would be ideal. 

 

Waiting for a decisive breakout or breakdown from this range could signal a stronger directional trend and present clearer trading opportunities. Until then, traders might benefit from cautious positioning within these levels, as the index exhibits no immediate breakout signals. READ MORE

 

 

8:21 AM

Stock Market LIVE Updates: Nandish Shah of HDFC Securities suggests 'Bull Spread' strategy on Syngene

Stock Market LIVE Updates: Buy Syngene (28-Nov Expiry) 920 Call at Rs 22.5 & simultaneously sell 960 Call at Rs 9

Lot Size: 1,000; Cost of the strategy: Rs 13.5 (Rs 13,500 per strategy). READ MORE

 

8:20 AM

Stock Market LIVE Updates: Market today: Fed rate cut; Swiggy, ACME IPO last day; Sagility allotment

Stock Market LIVE Updates: Upbeat on the US Fed's decision, Wall Street scaled record highs for the second session after cheering Donald Trump's victory on Thursday. At close, the S&P 500 was up 0.74 per cent, the Nasdaq Composite was up 1.51 per cent and Dow Jones ended flat. READ MORE

 

8:17 AM

Stock Market LIVE Updates: Oil futures lower

Stock Market LIVE Updates: Oil futures were lower on Friday as the market weighed how President-elect Donald Trump's policies would affect supplies.

A strong dollar and lower crude imports in China also weighed on prices.

Brent crude futures were down 27 cents, or 0.36 per cent, at $75.36 a barrel. US West Texas Intermediate (WTI) crude declined 35 cents, or 0.48 per cent, to $72.01.

8:12 AM

Stock Market LIVE Updates: Asia-Pacific markets climb

Stock Market LIVE Updates: Markets in the Asia-Pacific region climbed on Friday, following the US Fed's action.

Japan’s Nikkei 225 climbed 0.23 per cent, while the broad-based Topix rose 0.01 per cent.

South Korea’s Kospi was up 0.79 per cent, and the small-cap Kosdaq gained 1.42 per cent.

Hong Kong’s Hang Seng index advanced 0.66 per cent, while mainland China’s CSI 300 was ahead by 0.86 per cent. The Shanghai Composite was up by 0.58 per cent.

Australia’s S&P/ASX 200 rose 0.9 per cent.

 

8:08 AM

Stock Market LIVE Updates: US markets at record for second day running

Stock Market LIVE Updates: Wall Street climbed to another record high, after the US Federal Reserve cut interest rates along widely expected lines.

The S&P 500 rose 0.74 per cent, the Dow Jones Industrial Average was flat, and the Nasdaq Composite jumped 1.5 per cent. The S&P 500 and the Nasdaq both ended at all-time highs for a second consecutive day. 

8:02 AM

Stock Market LIVE Updates: Good morning readers! Track the latest live market updates here