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Monday, December 23, 2024 | 07:03 AM ISTEN Hindi

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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

Image SI Reporter New Delhi
Market, BSE, NSE, NIfty, Stock Market, investment

(Photo: Shutterstock)

10:02 AM

Stock Market LIVE Updates: 10 AM market update - Sensex, Nifty decline

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

At 10 AM, the BSE Sensex was down 395 points, or 0.51 per cent, at 77,185, while the Nifty 50 was at 23,405, down 126 points, or 0.54 per cent.
 
9:56 AM

Stock Market LIVE Updates: Hindustan Zinc gains 2% as it bags licence to mine gold in Rajasthan

Stock Market LIVE Updates: The company has been awarded a composite licence for a gold mining block in Rajasthan through state government auctions. The company has been declared the preferred bidder for the Dugocha gold block.
 
9:53 AM

Stock Market LIVE Updates: ACME Solar climbs over 5% as its arm gets Rs 3,753 cr loan from REC for RE project

Stock Market LIVE Updates: ACME Sun Power, an arm of ACME Solar, has bagged a Rs 3,753 crore term loan financing from REC for the development and construction of 320 MW of Firm and Dispatchable Renewable Energy (FDRE) projects in collaboration with SJVN, in Rajasthan and Gujarat.
 
9:49 AM

Stock Market LIVE Updates: IGL tumbles 18% after govt again cuts APM gas allocation for CGD cos

Stock Market LIVE Updates: City gas companies are mulling an increase in compressed natural gas (CNG) prices after supplies of cheaper input gas was cut for the second time in a month, but the government officials say the retailers must give a cost breakup to justify the hike.
 
9:42 AM

Stock Market LIVE Updates: E.I.D Parry drags over 2% as Q2 net profit falls 24% YoY to Rs 591.66 crore

Stock Market LIVE Updates: Sugar manufacturer E.I.D. Parry India Ltd has recorded a consolidated profit after tax for the July-September 2024 quarter at Rs 591.66 crore as compared to Rs 781.85 crore a year ago. 
 
9:37 AM

Stock Market LIVE Updates: Muthoot Finance climbs over 5% as Q2 net profit rises 21% YoY to Rs 1,321 crore

Stock Market LIVE Updates: Gold loan major’s consolidated net profit for the second quarter ended September 2024 (Q2 FY25) rose by 21 per cent year-on-year (Y-o-Y) to Rs 1,321 crore, compared to Rs 1,095 crore in Q2 FY24.
 
9:33 AM

Stock Market LIVE Updates: Hero MotoCo gains 4% after reporting 5.6% rise in Q2 net profit

Stock Market LIVE Updates: Hero MotoCorp: The country’s biggest two-wheeler maker on Thursday reportd a 5.6 per cent jump in its net profit and an impressive 10 per cent growth in its consolidated revenues during the second quarter of financial year 2025 (Q2FY25). The company's consolidated revenue rose to Rs 10,482.93 crore while net profit for the quarter came in at Rs 1063 crore.
 
9:20 AM

Stock Market LIVE Updates: Nifty Metal, Realty top sectoral gainers

Stock Market LIVE Updates: Nifty Metal, Realty top sectoral gainers; up over 1 per cent each.

9:19 AM

Stock Market LIVE Updates: Broader markets gain

Stock Market LIVE Updates: Broader markets gain; Nifty MidCap gains 0.25 per cent.

9:18 AM

Stock Market LIVE Updates: Index heatmap check

Stock Market LIVE Updates: NTPC, M&M among top gainers on BSE. 

9:17 AM

Stock Market LIVE Updates: Nifty opens at 23,605.30 levels

Stock Market LIVE Updates: Nifty opens at 23,605.30 levels
9:16 AM

Stock Market LIVE Updates: Sensex opens at 77,863.54 levels

Stock Market LIVE Updates: Sensex opens at 77,863.54 levels

9:09 AM

Stock Market LIVE Updates: Nifty adds 73 pts in pre-open

Stock Market LIVE Updates: Nifty adds 73 pts in pre-open

9:08 AM

Stock Market LIVE Updates: Sensex jumps 280 pts in pre-open

Stock Market LIVE Updates: Sensex jumps 280 pts in pre-open


8:56 AM

Stock Market LIVE Updates: 'Investors should exercise caution and wait for clarity on direction of market'

Stock Market LIVE Updates: "Even though Nifty has corrected 10.4 per cent from the peak there are no signs of a sustained recovery in the market. Relentless FII selling, earnings downgrades for majority of stocks for FY25, and the consequences of the Trump trade are weighing on the market. Sentiments have turned negative and, therefore, investors should exercise caution at this stage and wait for clarity on the direction of the market. With the dollar index strong at 106.6 and the 10-year US  bond yield at 4.44 per cent there is no room for a quick reversal of FII flows. Investors can focus on areas of strength like digital companies and high quality banking stocks. Largecaps like RIL and Eicher are showing resilience."

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

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First Published: Nov 18 2024 | 8:32 AM IST

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