Stock Market Highlights: Sensex trims gain on late sell-off, ends 239 pts up; Nifty holds 23,500

Stock Market Today: Indian benchmark equity indices BSE Sensex and Nifty 50 settled in the positive territory on Tuesday

12:13 PM

Stock Market LIVE Updates: ZEE gains 7% after Punit Goenka resigns as MD to take over reins as CEO

Stock Market LIVE Updates: Zee Entertainment Enterprises (ZEE) shares have moved higher by 7 per cent to climb to Rs 123.80 on the BSE in Tuesday’s intra-day trade amid heavy volumes after Punit Goenka resigned as the Managing Director of the company, to be appointed as the CEO of the company.

 

The move has been initiated so that Goenka can focus entirely on operational responsibilities assigned to him by the board of the company. READ MORE
 

 

12:04 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty extend gains

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading higher on Tuesday, tracking gains in global markets.

At around 12 PM, the BSE Sensex was 1,032 points, or 1.34 per cent higher at 78,371, while the Nifty 50 was at 23,756, up 303 points, or 1.29 per cent.

 

11:54 AM

Stock Market LIVE Updates: Reliance Power, Reliance Infra climb up to 5% after board restructuring

Stock Market LIVE Updates: Shares of Reliance Power, and Reliance Infrastructure rose up to 5 per cent in intraday deals on Tuesday after the companies announced a restructuring of their respective board of directors. Reliance Power was locked in a 5 per cent upper circuit at Rs 35.91 per share, while Reliance Infrastructure surged 4.4 per cent at Rs 265.70 per share in intraday trade. 

 

Reliance Power and Reliance Infrastructure, part of the Reliance Group, have reconstituted their boards, appointing four senior officials as directors in line with the company’s vision 2030 growth strategy, it said in an exchange filing on Monday. READ MORE

 

11:45 AM

Stock Market LIVE Updates: AstraZeneca Pharma to launch COPD drug in January 2025; stock up 3%

Stock Market LIVE Updates: Shares of AstraZeneca Pharma India rose 2.98 per cent at Rs 6,588.35 per share on the BSE in Tuesday’s intraday deals. This came after the company announced that it will launch Breztri Aerosphere in January 2025 in India.

 

The pharmaceutical company had received the import and market permission from the Drugs Controller General of India for Breztri Aerosphere on December 2, 2023. READ MORE

 

11:32 AM

Stock Market LIVE Updates: IndiGo, SpiceJet up 3% after domestic air traffic crosses 5 lakh on Nov 17

Stock Market LIVE Updates: SpiceJet and InterGlobe aviation (IndiGo) gained up to 3 per cent on Tuesday after domestic air passenger traffic crossed 5,00,000 for the first time in a single day on November 17, 2024, as per reports.

 

Around 10:23 AM, IndiGo shares were up 2.57 per cent at Rs 4,081 per share and SpiceJet shares were up 2.38 per cent at Rs 57.12 per share on BSE. In comparison, the BSE Sensex was up 1.02 per cent at 78,129.49. READ MORE

 

11:18 AM

Stock Market LIVE Updates: NTPC stock climbs 3% as its arm forms renewable energy JV with ONGC unit

Stock Market LIVE Updates: Shares of State-owned Maharatna company NTPC (formerly National Thermal Power Corporation) jumped 3.21 per cent to Rs 378.50 on the NSE during early trade on Tuesday.  

The northward movement in the company’s stock price follows its announcement that "ONGC NTPC Green (ONGPL) has been incorporated on November 18, 2024, as a 50:50 joint venture of NTPC Green Energy (NGEL), a wholly-owned subsidiary of NTPC, and ONGC Green Energy (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation (ONGC)." READ MORE

 

11:02 AM

Stock Market LIVE Updates: 11 AM market update - Sensex, Nifty maintain lead

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading higher on Tuesday, tracking gains in global markets.

At 11 AM, the BSE Sensex was 917 points, or 1.19 per cent higher at 78,256, while the Nifty 50 was at 23,722, up 268 points, or 1.14 per cent.

 

10:53 AM

Stock Market LIVE Updates: This smallcap consumer electronics stock has zoomed over 300% in 8 months

Stock Market LIVE Updates: Shares of PG Electroplast (PGEL) hit a new high of Rs 718.35, as they surged 15 per cent on the BSE in Tuesday’s intra-day trade after the company said its subsidiary PG Technoplast has entered into electric vehicle (EV) assembly and lithium-ion battery assembly.

 

The stock of the consumer electronics company has surpassed its previous high of Rs 710.30 that it touched on November 11, 2024. In 8 months, the market price of the smallcap company has zoomed 315 per cent from Rs 173 on March 19. READ MORE

 

10:44 AM

Stock Market LIVE Updates: Shilpa Medicare rallies 6% on getting API nod from European regulator

Stock Market LIVE Updates: Shares of Shilpa Medicare rose 6.23 per cent at Rs 917.20 per share on the BSE in Tuesday’s intraday deals. This came after the company received a suitability certificate from an European regulatory authority for the active pharmaceutical ingredient Octreotide. READ MORE

 

10:30 AM

Stock Market LIVE Updates: ITI rises 4% on bagging Rs 95 crore order from Uttarakhand govt; Details

Stock Market LIVE Updates: ITI shares advanced 3.5 per cent in Tuesday's trade and logged an intraday high at Rs 301.60 per share on BSE. The buying interest sparked after the company bagged a Rs 95 crore order in Uttarakhand.

 

However, around 9:48 AM, ITI's share price pared gains and was up 0.26 per cent at Rs 292 per share on BSE. In comparison, the BSE Sensex was up 0.92 per cent at 78,051.77. READ MORE

 

10:17 AM

Stock Market LIVE Updates: GMR Airports gains 4% as passenger traffic increases 9% YoY to 10.7 million

Stock Market LIVE Updates: GMR Airports Infrastructure shares gained 3.7 per cent in Tuesday's trade and logged an intraday high at Rs 80.99 per share on BSE.

The counter saw buying after the company reported its October passenger traffic update.

Around 9:36 AM, GMR Airports shares were up 2.95 per cent at Rs 80.35 per share on BSE. In comparison, the BSE Sensex was up 0.91 per cent at 78,044.15. READ MORE

 

10:05 AM

Stock Market LIVE Updates: Ashoka Buildcon up 6% on emerging lowest bidder for project of Rs 2,791 cr

Stock Market LIVE Updates: Construction engineering company Ashoka Buildcon share rose up to 5.69 per cent to hit an intraday high of Rs 242 per share on Tuesday, November 19, 2024. 

The rise in Ashoka Buildcon share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 2,791 crore. READ MORE

 

 

10:01 AM

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

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

At 10 AM, the BSE Sensex was 785 points, or 1.02 per cent higher at 78,124, while the Nifty 50 was at 23,689, up 235.60 points, or 1 per cent.

 

9:42 AM

Stock Market LIVE Updates: Andrew Holland of Avendus Alternate Strategies on the US market and EM economies

Stock Market LIVE Updates: Andrew Holland, CEO of Avendus Alternate Strategies, on CNBC TV18, says one of the things we've been banking on is the interest rate cycle, which is going to be lower. 

And now this question marks about that, particularly in the US. The RBI will be on hold, in December as well.

We'll have to wait for sometime in 2025 before the possibility of a rate cut starts to happen.

9:40 AM

Stock Market LIVE Updates: Andrew Holland of Avendus Alternate Strategies on the US market and EM economies

Stock Market LIVE Updates: Andrew Holland, CEO of Avendus Alternate Strategies, on CNBC TV18, says In the US, you've an expected corporate tax cut, which is going to be EPS accretive. That is going to really help Small and midcap companies.

That's why there's a lot of talk about M&A picking up in the US. So it's going to be a broad-based rally in the US. And that's why the US remains the only game in town at the moment.

For India, that earnings pressure is not going away. I can't see what the upgrades are. 

So if the market consolidates, and earnings start to improve in the second half of 2025, or valuations come a bit lower, I think valuations will probably come lower before earnings start to pick up.