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

9:33 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, we're looking at the bond yields at 5%; everyone is talking about yields going higher, or the Fed going on hold, in not increaseing interest rates in the second half of 2025.

With 5% Yield, I might have to stick to where I am. Why do I have to come to an emerging market. 

If anything, the one place to look at is China, because they do have a lot of dry powder which they can use to stimulate thier economy.

For India, unfortunately, government spending has really not picked up so that multiplier effect is not there. Earnings have been downgraded, volumes are lower than expected, and more importantly, margins are a lot lower. 

With the valuations where they are, I can't get excited at the moment. 

9:30 AM

Stock Market LIVE Updates: Trent, ONGC, BPCL gain on NSE

Trent, ONGC, and BPCL were among the top leaders on NSE.

9:26 AM

Stock Market LIVE Updates: Nifty Media, Auto, Realty surge among sectors

Among sectors, Nifty Media outran others, followed by Nifty Auto, Nifty Realty and Nifty IT.

9:25 AM

Stock Market LIVE Updates: Andrew Holland 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 the US is the only game in town, because all the action is going to be there. All the negatives of what President-elect Donald Trump is saying is going to impact emerging markets. 

Until he takes office and we see some of those policies, its difficult to make a case. The best case is that relatively, compared to anywhere else, including China, we're going to be okay.

 

9:23 AM

Stock Market LIVE Updates: Broader indices in green

The broader markets were trading in green with the BSE MidCap index 0.74 per cent, while the BSE SmallCap index rising 1.30 per cent.

9:21 AM

Stock Market LIVE Updates: NTPC, Infosys lead on Sensex

NTPC was the top gainer on the BSE Sensex, followed by Infosys, Tata Motors and M&M.

9:18 AM

Stock Market LIVE Updates: Nifty soars over 100 pts

NSE's Nifty50 soared 105 points or 0.45 per cent at 23,559 level.

9:17 AM

Stock Market LIVE Updates: Sensex jumps over 300 pts

The BSE Sensex jumped 325 points or 0.42 per cent at 77,664 level.

9:10 AM

Stock Market LIVE Updates: Nifty above 23,500 in pre-open

NSE's Nifty50 rose 75 points or 0.32 per cent at 23,529 level in pre-opening trade.

9:08 AM

Stock Market LIVE Updates: Sensex surges over 200 pts

The BSE Sensex surged 210 points higher or 0.27 per cent at 77,549 level in pre-opening deals.

9:05 AM

Stock Market LIVE Updates: Rupee opens at Rs 84.39

Indian currency appreciated by 1 paise to open at Rs 84.39 per US dollar on Tuesday.

9:00 AM

Stock Market LIVE Updates: Nifty's inability to float above 23,565 could delay recovery moves

Nifty outlook:

Attempts to push higher seen yesterday were weak, resigning Nifty to the seventh day of negative close, the longest stretch of consecutive red candles since the ongoing downtrend began on 27th Sep. Nevertheless, we will retain revival hopes, with RSI appearing bottomed out, but will limit upside target to 23733-88 for now, awaiting further signals for the 24111 move. Alternatively, inability to float above 23565 could delay recovery moves, but a collapse is less expected today.

(View by: Anand James, Chief Market Strategist, Geojit Financial Services.)

8:58 AM

Stock Market LIVE Updates: Market recoveries are unlikely to sustain given selling mode of the FIIs

An important takeaway from the recent market trend is that a quick and sharp recovery is not in sight. The momentum that drove the market to its record peak of 26,216 in September is gone. There can be recoveries which are unlikely to sustain given the selling mode of the FIIs and the concerns surrounding the weak earnings growth feared in FY25. At best the market may consolidate around the  present levels with sideways movements. Sustained up moves will emerge only when incoming data indicates earnings recovery.

 

A significant trend is the sustained weakness emerging in a large number of mid and smallcaps. Hundreds of such stocks, which had run ahead of fundamentals, and driven by momentum are reverting to mean. Investors need not rush in to grab these stocks which have more downside potential. In contrast, quality largecaps are resilient and investors can stick to them.

(View by: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.)

8:56 AM

Stock Market LIVE Updates: 'Sustained up moves will emerge when incoming data indicates earnings recovery'

Stock Market LIVE Updates:  "An important takeaway from the recent market trend is that a quick and sharp recovery is not in sight. The momentum that drove the market to its record peak of 26,216 in September is gone. There can be recoveries which are unlikely to sustain given the selling mode of the FIIs and the concerns surrounding the weak earnings growth feared in FY25. At best the market may consolidate around the  present levels with sideways movements. Sustained up moves will emerge only when incoming data indicates earnings recovery.

A significant trend is the sustained weakness emerging in a large number of mid and smallcaps. Hundreds of such stocks, which had run ahead of fundamentals, and were driven by momentum are reverting to mean. Investors need not rush in to grab these stocks which have more downside potential. In contrast, quality largecaps are resilient and investors can stick to them."

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

 

8:52 AM

Stock Market LIVE Updates: NTPC Green Energy IPO opens today: GMP remains positive; Should you apply?

Stock Market LIVE Updates: The initial public offering (IPO) of NTPC's renewable energy arm, NTPC Green Energy, opens for public subscription today, November 19, 2024. Ahead of the IPO launch, the company announced that it has raised Rs 3,960 crore from anchor investors through bidding concluded on November 18, 2024.

 

The Rs 10,000 crore offering of NTPC Green Energy is a book-built issue comprising a fresh issue of 92.59 crore shares. The IPO is priced in a band of Rs 102-108 per share, with a lot size of 138 shares. Investors can bid for a minimum of 138 shares and in multiples thereof. READ MORE