Stock Market Highlights, Sept 11: Sensex sheds 398pts; Nifty ends near 24,900; Banking, Auto drag

Stock Market Highlights: 34 out of 50 constituent stocks of Nifty50 ended lower, dragged by Tata Motors, ONGC, Wipro, L&T, and Adani Enterprises with losses of up to 5.73 per cent

9:25 AM

Stock Market LIVE updates: Century Textiles up nearly 3% after acquiring 10-acre land in Mumbai

Stock Market LIVE updates: Aditya Birla group company, Century Textiles and Industries has acquired a 10-acre land parcel in Mumbai with significant development potential from the Wadia Group. The deal boosts the company’s landholding and booking value potential. 

 

9:22 AM

Stock Market LIVE Updates: Nifty Auto is top loser

Stock Market LIVE Updates: Nifty Auto is top loser, down about 1 per cent.

9:21 AM

Stock Market LIVE Updates: Broader markets gain

Stock Market LIVE Updates: Nifty MidCap up 0.13 per cent.

9:19 AM

Stock Market LIVE Updates: Index heatmap check

Stock Market LIVE Updates: Bhrti Airtel, Asian Paints among top gainers.

9:18 AM

Stock Market LIVE Updates: Nifty almost flat at open

Stock Market LIVE Updates: Nifty was trading 0.07 pe rcent lower at 25,024 levels.

9:16 AM

Stock Market LIVE Updates: Sensex opens with minor decline

Stock Market LIVE Updates: Sensex drops 77 points to 81,844 levels.

9:09 AM

Stock Market LIVE Updates: Nifty falls marginally in pre-open

Stock Market LIVE Updates: Nifty falls marginally; down 7 points at 25,034 levels.

9:08 AM

Stock Market LIVE updates: Sensex gains marginally in pre-open

Stock Market LIVE updates: Sensex up 14 pts at 81,935 levels in pre-open.

8:56 AM

Stock Market LIVE updates: Dividend, Buyback, Stock-split: 15 stocks go ex-date today; do you own any?

Stock Market LIVE updates: Shares of BCL Industries and 10 others will remain in focus as they trade ex-dividend today.

Besides these, Synergy Green Industries, Insecticides (India), and Andhra Paper will trade ex-date today for their rights issue, share buyback, and sub-division, respectively. READ MORE

 

8:52 AM

Stock Market LIVE updates: US elections: Key takeaways from Harris-Trump presidential debate

Stock Market LIVE updates: Democrat Kamala Harris and Republican Donald Trump met on Tuesday for their first and perhaps only debate, a square-off that could have a significant impact on the Nov. 5 election as polls show a tight race. READ MORE

 

8:47 AM

Stock Market LIVE updates: Bankers put cash-strapped Vodafone Idea's call for Rs 35K cr loan on hold

Stock Market LIVE updates: Public-sector banks remain hesitant on providing loans to cash-strapped Vodafone Idea (Vi), India’s third-largest telecom operator due to its liabilities and the lack of a clear capital expenditure plan, three senior bank officials from as many banks said, requesting anonymity.

However, Vi told Business Standard that a key milestone in the debt-funding process was the updating of the independent techno-economic evaluation (TEV) initiated by the banks, which has been completed. It didn’t clarify if the TEV report was favourable to its debt-funding process. READ MORE

 

8:44 AM

Stock Market LIVE updates: Conundrum of the credit-deposit ratio: Understanding RBI's concerns

Stock Market LIVE updates: The Reserve Bank of India (RBI) has been repeatedly raising alarm about the widening gap between non-food credit growth and deposit growth in the banking sector, which raised the credit-deposit (CD) ratio to 78.1 per cent (80.3 per cent, including the impact of the merger of HDFC with HDFC Bank) in the last week of March 2024 – the highest since 2005. 

Even after five months, the CD ratio is still quite high at 77.5 per cent (79.5 per cent, including the impact of the twin HDFC merger). READ MORE

 

8:41 AM

Stock Market LIVE updates: Bajaj Housing Finance Rs 6,560 crore IPO booked 7.50 times on day 2

Stock Market LIVE updates: The Rs 6,560-crore initial public offer of Bajaj Housing Finance Ltd received 7.50 times subscription on the second day of bidding on Tuesday.
 

The initial share sale got bids for 5,45,85,77,822 shares against 72,75,75,756 shares on offer, as per NSE data. READ MORE

 

8:38 AM

Stock Market LIVE updates: Will Maruti put India's EV mission on fast lane? MSIL MD & CEO believes so

Stock Market LIVE updates: When Maruti Suzuki India (MSIL) rolls out its first electric car this January, it will not just introduce a new vehicle to market, but will launch a comprehensive customer support ecosystem designed to tackle three major pain points: Range anxiety, charging infrastructure, and resale value.

The firm believes so. READ MORE

 

8:33 AM

Stock Market LIVE updates: Unified Lending Interface likely to move from Mint Road's hub to new entity

Stock Market LIVE updates: The Unified Lending Interface (ULI) may be taken out of the Reserve Bank Innovation Hub (RBIH) and housed in a separate utility with banks as stakeholders.
 

“A new utility has to be created for ULI for it to become commercial. This cannot happen within the RBIH, a wholly-owned subsidiary of the central bank,” said a senior official. Neither the Reserve Bank of India (RBI) nor its subsidiaries undertake commercial operations. READ MORE