Stock Market Close Highlights: Sensex sheds 241pts, Nifty ends near 23,450; IT tanks, FMCG shines

Stock Market highlights: Indian benchmark equity indices BSE Sensex and Nifty50 settled lower on Monday

12:40 PM

Stock Market LIVE Updates: Market crash: Over two-thirds of mid, small-cap stocks in bear territory

Stock Market LIVE Updates: Over two-thirds of stocks that comprise the mid-and small-cap basket on the National Stock Exchange (NSE) have slipped into bear territory (i.e. a fall of 20 per cent or more) amid the ongoing fall in the stock markets. Of the nearly 1020 stocks that are a part of these two segments, 692 stocks, or 67 per cent (over two-thirds), have lost 20 per cent or more from their respective 52-week high level. READ MORE

12:38 PM

Stock Market LIVE Updates: Bharat Dynamics slips 4% on posting weak Q2FY25 results; PAT down 17%

Stock Market LIVE Updates: Bharat Dynamics' share price declined 3.5 per cent in Monday's trade and logged an intraday low at Rs 955.05 per share on BSE. The counter saw selling after the company reported weak Q2FY25 results. READ MORE

12:22 PM

Stock Market LIVE Updates: Adani Green Energy to raise $2 bn via bonds, loans for renewable projects

Stock Market LIVE Updates: Adani Green Energy plans to raise around $2 billion through a mix of international bonds and loans over the coming months, according to a report by The Economic Times.

 

The company is preparing to launch a $600 million bond issue in the next few days. This comes after it postponed a $1.2 billion bond issuance last month, as investors demanded higher yields due to geopolitical uncertainties. READ MORE

 

12:17 PM

Stock Market LIVE Updates: E.I.D Parry down 3% on posting 32% decline in Q2 profit, margins contract

Stock Market LIVE Updates: E.I.D Parry India share price lost 3.3 per cent on Monday and logged an intraday low at Rs 756.95 per share on BSE. The selling pressure can be attributed to the company posting a 32 per cent decline in Q2FY25 profit.

 

Around 10:36 AM, E.I.D Parry shares were down 2.85 per cent at Rs 760.6 per share on BSE. In comparison, the BSE Sensex was down 0.59 per cent at 77,121.15. READ MORE

 

 

12:08 PM

Stock Market LIVE Updates: ACME Solar Holdings hits 10% upper limit as arm secures loan of Rs 3,753 cr

Stock Market LIVE Updates: Shares of recently listed ACME Solar Holdings were buzzing in trade as the scrip soared as much as 10 per cent to hit the upper circuit at Rs 251.90 per share on Monday, November 18, 2024. ACME Solar Holdings' stock surged after its wholly-owned subsidiary, ACME Sun Power Private Limited, secured term loan financing of Rs 3,753 crore from REC Limited for the development & construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) projects in collaboration with SJVN. READ MORE

12:01 PM

Stock Market LIVE Updates: 12:00 noon market update - Sensex, Nifty trade with losses

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading lower on Monday, amid mixed global cues.

 

At 12:00 noon, the BSE Sensex was down 263.70 points, or 0.34 per cent, at 77,316.61, while the Nifty50 was at 23,469, down 62.75 points, or 0.27 per cent.

 

11:49 AM

Stock Market LIVE Updates: MGL, IGL plunge up to 20% as govt reduces APM gas allocation to CGDs again

Stock Market LIVE Updates: Shares of city gas distribution (CGD) companies -- Mahanagar Gas (MGL) and Indraprastha Gas (IGL) – plunged up to 20 per cent on the BSE in Monday's intraday trade after the central government further reduced administered price mechanism (APM) allocation of domestic gas to them.

 

This is expected to have an adverse impact on the profitability of these gas distribution companies. The lower allocation will be applicable from November 16, 2024.

The stock price of IGL has tanked 20 per cent to Rs 326.70, hitting its 52-week low on the back of over 10-fold jump in average trading volumes. READ MORE

 

11:39 AM

Stock Market LIVE Updates: KPI Green share rises over 3% on 1:2 bonus issue announcement; details

Stock Market LIVE Updates: Solar power company KPI Green shares were buzzing in trade on Monday, November 18, 2024 as the scrip soared up to 3.46 per cent to hit an intraday high of Rs 776.95 per share.

 

However, at 10:16 AM, the KPI Green scrip was off highs and was trading 2.20 per cent higher at Rs 767.45 per share. In comparison, BSE Sensex was trading 0.31 per cent lower at 77,338.37 levels. READ MORE

 

11:23 AM

Stock Market LIVE Updates: Easy Trip Planners fixes November 28 as record date for bonus share issue

Stock Market LIVE Updates: Easy Trip Planners today informed that it has fixed November 28 as the record date for the issue of bonus shares in the ratio of 1:1, announced on October 14 and November 15.

The company, in an exchange filing, said, "We wish to inform that the Company has fixed Thursday, November 28, 2024 as the Record Date for the purpose of determining the members eligible for the issue of bonus equity shares."

 

11:13 AM

Stock Market LIVE Updates: Garware Technical hits record high post Q2; board approves bonus issue

Stock Market LIVE Updates: Garware Technical Fibres shares rose 13.8 per cent on Monday and logged an all time high at Rs 4,485.05 per share on BSE. The stock gained after the company posted healthy Q2 performance and board gave nod to bonus issue.

 

Around 9:28 AM, Garware Technical Fibres shares were up 13.42 per cent at Rs 4,482 per share on BSE. In comparison, the BSE Sensex was down 0.50 per cent at 77,194.27. READ MORE

 

11:03 AM

Stock Market LIVE Updates: 11 AM market update - Sensex, Nifty trade with cuts

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading lower on Monday, amid mixed global cues.

At 11 AM, the BSE Sensex was down 437 points, or 0.56 per cent, at 77,142, while the Nifty 50 was at 23,413, down 119 points, or 0.51 per cent.

 

10:42 AM

Stock Market LIVE Updates: Honasa Consumer stock tanks 20%, hits 52-week low on weak Q2 results

Stock Market LIVE Updates: Shares of Honasa Consumer, the parent company of Mamaearth, were locked in the 20 per cent lower circuit at Rs 295.80, hitting a 52-week low on the BSE in Monday’s intra-day trade after the firm reported a net loss of Rs 19 crore for the second quarter ended September 2024 (Q2FY25) due to weak operational performance. 

 

The one of India's leading digital-first beauty and personal care (BPC) company had posted a net profit of Rs 29 crore in a year ago quarter. READ MORE

 

10:28 AM

Stock Market LIVE Updates: SEAMEC's Seamec II vessel back in service with ONGC after repairs

Stock Market LIVE Updates: SEAMEC today informed that its vessel Seamec II is back on hire with ONGC from November 16, following the completion of its repairs.

 

The company, in an exchange filing, said, "We wish to inform you that our vessel “SEAMEC II” has completed its repairs and back on hire with ONGC with effect from 16th November 2024."

10:20 AM

Stock Market LIVE Updates: LTTS ties up with Colorado Smart Cities Alliance for smart city projects there

Stock Market LIVE Updates: L&T Technology Services today informed that it has tied up with the Colorado Smart Cities Alliance (CSCA) to drive innovation and technology integration in smart city development projects across the state of Colorado.

The collaboration will leverage LTTS' cutting-edge engineering expertise to advance CSCA's mission of fostering smart city solutions that improve urban living and create sustainable ecosystems, the company said in an exchange filing. 

The company's comprehensive IoT offerings enhance city operations, providing security solutions, citywide surveillance, and border security systems, it added. 

These initiatives optimise resource utilisation and promote inter-departmental collaboration, driving operational efficiency, the company said.

 

10:14 AM

Stock Market LIVE Updates: Brokerages reiterate 'Buy' on Hero MotoCorp post Q2 results; stock rises 5%

Stock Market LIVE Updates: The world’s largest two-wheeler manufacturer, Hero MotoCorp, shares were in demand on Monday, November 18, 2024, as the scrip rallied as much as 5.03 per cent to hit an intraday high of Rs 4,835.90 per share. 

 

The surge in Hero MotoCorp share price came on the back of September quarter results, which met Street expectations. READ MORE