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

SI Reporter New Delhi

8:46 AM

Stock Market LIVE Updates: Sebi orders altGraaf and two other platforms to cease operations

Stock Market LIVE Updates: The Securities and Exchange Board of India (Sebi) on Monday issued “cease and desist” order against three online bond platforms operating without registration with the stock exchanges.

These include altGraaf (AI Growth Private and Texterity Private), Purple Petal Invest, which owns Tap Invest, and Berkelium Technologies, which operates Stable Investments. The order involves four entities, including two related to altGraaf. READ MORE

8:38 AM

Stock Market LIVE Updates: Rs 1 trillion airport capex plan for 5 years: AAHL director Jeet Adani

Stock Market LIVE Updates: Jeet Adani, director of Adani Airport Holdings Limited (AAHL), which runs seven major airports in the country and is building the Navi Mumbai airport, has ambitious plans.

Industrialist Gautam Adani’s younger son joined the Group CFO’s office of Adani Enterprises (AEL) back in 2019 as part of the strategic finance, capital markets, risk and governance policy team and was then asked to lead the group’s airport business in 2022.

The engineering graduate from the University of Pennsylvania is also in charge of the group’s digital and defence businesses. In an exclusive interview to Deepak Patel in Ahmedabad, Jeet, 27, outlined his vision for the airports business that’s expected to attract investments of around Rs 1 trillion over the next few years. READ MORE

8:31 AM

Stock Market LIVE Updates: Punit Goenka resigns as Managing Director of ZEE, appointed as CEO

Stock Market LIVE Updates: Punit Goenka has resigned as the Managing Director of Zee Entertainment and has been appointed as CEO to have his focus entirely on operational responsibilities assigned to him by the board of the company.

The board has "accepted the resignation of Punit Goenka as Managing Director of the Company and appointed him as CEO," said Zee Entertainment in a regulatory update.

Mukund Galgali, Chief Financial Officer of Zee Entertainment, will assume the role of Deputy Chief Executive Officer of the Company, it added. READ MORE

8:22 AM

Stock Market LIVE Updates: India Inc's Q2FY25 numbers show growing dependence on BFSI sector

Stock Market LIVE Updates: Corporate India now seems more dependent than earlier on a good showing by the banking, financial services and insurance (BFSI) sector to prop up overall earnings, with the sector’s share in India Inc profits reaching 38.2 per cent in the July-September 2024 quarter (Q2FY25), the highest since 2012.

This was also significantly higher than the sector’s 23.6 per cent average contribution to overall corporate profits in the past 10 years, excluding the Covid-19 period, when the BFSI share rose sharply amid a shutdown of most non-financial economic activities. READ MORE

8:12 AM

Stock Market LIVE Updates: BlackBuck IPO allotment today: Check status, GMP, likely listing price

Stock Market LIVE Updates: The basis of allotment for shares of Zinka Logistics Solutions, the operator of the digital logistics platform BlackBuck, as part of its IPO, is likely to be finalized today, Tuesday, November 19, 2024. The three-day subscription window for the BlackBuck IPO closed yesterday, witnessing decent participation from investors. READ MORE

8:11 AM

Stock Market LIVE Updates: NTPC, Waaree Energies, Bajaj Fin, ITI, SpiceJet among top stocks to track today

Stock Market LIVE Updates: Waaree Energies: Waaree Energies reported a 17 per cent rise in consolidated net profit at Rs 375.6 crore in the July-September quarter as compared to Rs 320.1 crore profit a year ago. READ MORE

8:10 AM

Stock Market LIVE Updates: Don't rush to buy new-age co's stocks despite good Q2 results: Analysts

Stock Market LIVE Updates: In the September quarter (Q2FY25) where mostly results of India Inc. have been subdued, a number of new-age companies have stood out with a healthy performance. Zomato, PB Fintech (the parent of Policybazaar and Paisabazaar), and FSN E-Commerce Ventures (which owns Nykaa) have all reported solid numbers, reflecting growth and resilience. READ MORE

8:10 AM

Stock Market LIVE Updates: FPI under-owning gives India moat among EMs: CLSA MD Alexander Redman

Stock Market LIVE Updates: In a world less friendly for emerging markets (EMs), there is a case to up India's weight, CLSA's Managing Director and Chief Equity Strategist Alexander Redman said on Monday, asserting that the relative under-ownership of Indian equities by foreign investors gives the country an edge over its EM peers. READ MORE

8:08 AM

Stock Market LIVE Updates: Ravi Nathani suggests trading strategy for Nifty Bank, Financial Services

Stock Market LIVE Updates: The Nifty Financial Services index is trading within a narrow range of 23,500–23,075, with a decisive close above or below this range likely to trigger the next directional move. READ MORE

8:08 AM

Stock Market LIVE Updates: Share Market Today: NTPC Green IPO; Waaree Energies Q2 nos & Fund Flows

Stock Market LIVE Updates: Benchmark Nifty and Sensex will likely track mixed global cues in Tuesday's trading. At 6:35 AM, GIFT Nifty futures were up 30 pts at 23,544, indicating a flat to positive start. In the previous session, Sensex fell 0.31 per cent to end at 77,339.01, while the Nifty slipped 0.34 per cent to settle at 23,453. The stock markets will remain closed tomorrow, Nov 20, due to the Maharashtra Assembly Election. READ MORE

8:06 AM