Stock Market Highlights, Sept 5: Sensex sheds 151pts, Nifty ends below 25,150; Smallcap stocks shine

Stock Market LIVE Highlights: The day ended in favor of bears as many as 33 out of 50 constituent stocks of Nifty50 ended lower, dragged by RIL, Cipla, and Dr Reddy's Labs

SI Reporter New Delhi

11:50 AM

Stock Market LIVE Updates: Goldiam International hits all-time high on Rs 70-cr order win; details

Stock Market LIVE Updates: Shares of Goldiam International surged as much as 5.41 per cent to hit an all-time high of Rs 355.45 per share on Thursday, September 5, 2024. However, at 11:23 AM, Goldiam International shares were trading 4.45 per cent higher at Rs 352.20 per share. In comparison, BSE Sensex was trading 0.07 per cent lower at 82,298.94 levels. READ MORE

11:48 AM

Stock Market LIVE Updates: Zomato surges 8% on heavy volumes after 13% fall from record high in Aug

Stock Market LIVE Updates: Shares of food delivery platform Zomato surged 8 per cent to Rs 261.50 on the BSE in Thursday’s intra-day trade amid heavy volumes in an otherwise lacklustre market. According to media reports, JP Morgan has maintained an overweight rating on Zomato, with a target price of Rs 340 per share. READ MORE

11:48 AM

Stock Market LIVE Updates: MTNL defaults in payment of principal (instalment) & interest to several banks

Stock Market LIVE Updates: MTNL has defaulted in the Payment of Principal (Instalment) & Interest to banks including Punjab National Bank, Bank of India, Union Bank of India, State Bank of India, UCO Bank, Punjab and Sind Bank

Source: BSE

11:42 AM

Stock Market LIVE Updates: Glenmark to pay $25 million as part of settlement with US authorities

Stock Market LIVE Updates: Glenmark Pharmaceuticals has agreed to pay $25 million as part of a settlement with the US Department of Justice regarding a case related to the pricing of a generic drug. READ MORE

11:39 AM

Stock Market LIVE Updates: Sebi constitutes new expert group on listing obligations, disclosures

Stock Market LIVE Updates: The Securities and Exchange Board of India (Sebi) has established an advisory committee to streamline the rules around listing obligations and disclosures. The expert group will be chaired by R Gandhi, former deputy governor of the Reserve Bank of India (RBI). The 22-member committee, formed on August 28, will advise Sebi on corporate governance, harmonisation of listing and post-listing obligations, and disclosure requirements. READ MORE

11:36 AM

Stock Market LIVE Updates: Indian corporate legal expenditure surge 17% to Rs 52,568 crore in FY24

Stock Market LIVE Updates: Legal expenses for Indian corporations surged by 17 per cent in the last financial year (FY24), driven by increased international deal activity, substantial costs related to dispute resolution, and higher compliance expenses, according to annual reports from the top 500 local companies, as reported by The Economic Times (ET). READ MORE

11:27 AM

Stock Market LIVE Updates: Infosys onboarding delays: Centre asks Karnataka to take appropriate action

Stock Market LIVE Updates: The Union Ministry of Labour and Employment has urged the Karnataka government to take “appropriate action” following concerns raised over delays in onboarding fresh graduates at Infosys, a major player in the IT sector, according to a report by Moneycontrol. READ MORE

11:20 AM

Stock Market LIVE Updates: Shree Tirupati Balajee IPO opens today; GMP zooms 30%; Should you bid?

Stock Market LIVE Updates: The initial public offering (IPO) of Shree Tirupati Balajee, an agro-trading company, opens for public subscription today. Through the IPO, Shree Tirupati Balajee aims to raise Rs 169.65 crore by offering a fresh issue of 14,750,000 shares and an offer for sale of 5,690,000 shares, each with a face value of Rs 10 apiece. READ MORE

11:18 AM

Stock Market LIVE Updates: Prestige Estates raises Rs 5,000 crore by selling equity shares via QIP

Stock Market LIVE Updates: Realty firm Prestige Estates Projects Ltd has raised Rs 5,000 crore by selling equity shares to institutional investors through private placement. On August 29, the company launched its Qualified Institutional Placement (QIP) issue to raise funds. READ MORE

11:17 AM

Stock Market LIVE Updates: Goldiam International in focus

Stock Market LIVE Updates: Goldiam International was buzzing in trade after the company announced a Rs 70-crore order win.

Source: BSE

11:15 AM

Stock Market LIVE Updates: China offers Africa billions in fresh financing, promises 1 million jobs

Stock Market LIVE Updates: President Xi Jinping pledged on Thursday to step up China's support to the world's fastest-growing continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs. READ MORE

11:13 AM

Stock Market LIVE Updates: Visa or MasterCard? From tomorrow, you can choose your credit card network

Stock Market LIVE Updates: Starting September 6, credit cardholders in India will have the flexibility to choose their preferred card network (Mastercard, RuPay, or Visa) when applying for a new credit card or renewing an existing one. This change is a result of the Reserve Bank of India's (RBI) guidelines aimed at enhancing customer experience and promoting competition in the digital payments landscape. READ MORE

11:13 AM

Stock Market LIVE Updates: Rupee rises 4 paise to 83.97 against US dollar during early trade

Stock Market LIVE Updates: The rupee appreciated by 4 paise to 83.97 against US dollar in early trade on Thursday supported by weakening of the American currency in the overseas market and a positive trend in domestic equities. READ MORE

11:12 AM

Stock Market LIVE Updates: Monthly SIP of Rs 10k since 2021 grows to Rs 5.6 lakh for this Value Fund

Stock Market LIVE Updates: Canara Robeco Value Fund, an open-ended equity scheme, which was launched on September 3, 2021, has delivered returns of 23.62 per cent since inception and 42.88 per cent over the last one year, compared to the benchmark index of 18.42 per cent and 41.14 per cent, respectively. In comparison, the benchmark BSE 500 TRI has given a return of 27.08 per cent. The open-ended equity scheme from Canara Robeco Mutual Fund recently completed its third years of its launch. READ MORE

11:10 AM