Stock Market Highlights, Sept 16: Sensex, Nifty end flat; Bajaj Housing Finance soars 136% on debut

Stock Market Highlights: 26 constituent stocks of Nifty50 ended higher with the gains led by NTPC, Hindalco, JSW Steel, Shriram Finance, and Larsen & Toubro on Monday

8:22 AM

Stock Market LIVE Updates: FPIs inject Rs 27,856 cr in equities in Sept on US rate cut expectations

Stock Market LIVE Updates: Foreign investors have infused Rs 27,856 crore in domestic equities in the first fortnight this month, owing to the resilience of the Indian market and growing optimism around the potential interest rate cut in the US.

Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they pulled out Rs 34,252 crore in April-May. READ MORE

 

8:15 AM

Stock Market LIVE Updates: Gold ETFs ride the updraft: Tax shifts flip the switch on record inflows

Stock Market LIVE Updates: August saw a record influx of Rs 1,611 crore into gold exchange-traded funds (ETFs), surpassing the previous high of Rs 1,483 crore set in February 2020.
 

This uptick in investment signals a renewed interest in gold, driven by the reintroduction of long-term capital gains (LTCG) tax benefits and the absence of new sovereign gold bond issues. READ MORE

 

8:12 AM

Stock Market LIVE Updates: Stocks To Watch - Patanjali Foods, Zydus Life, Max Health, Tata Power, MTNL

Stock Market LIVE Updates: GQG Partners increased its stake in Patanjali Foods by 1.24 per cent through an open market transaction. Patanjali Ayurved was the likely seller in the transaction. READ MORE

 

8:07 AM

Stock Market LIVE Updates: India our APAC priority and primary market focus: Bhaskar Laxminarayan

Stock Market LIVE Updates: With markets looking forward to a rate cut by the US Federal Reserve (Fed) this week, Bhaskar Laxminarayan, chief investment officer and head investment management Asia at Julius Baer, shares with Puneet Wadhwa that a 25-basis-point (bp) cut paired with a strong dovish message could be just as effective as a 50-bp cut with minimal commentary. 

The impact, he observes, will largely depend on the accompanying message and how it is interpreted. READ MORE

 

8:03 AM

Stock Market LIVE Updates: Street Signs - Fed rate cut foreshadow, fair value compass, and more

Stock Market LIVE Updates: Foreign portfolio investors (FPIs) made an unexpected move into Indian equities last week, injecting over $2 billion (around Rs 17,300 crore) and driving the National Stock Exchange Nifty 50 up by 2 per cent. 

This sudden influx of FPI capital surprised market observers, as many overseas funds had been underweight in Indian equities within their emerging market and Asia (excluding Japan) allocations. READ MORE

 

8:01 AM

Stock Market LIVE Updates: Market today: Settlement holiday, US Fed policy, Bajaj Housing IPO listing

Stock Market LIVE Updates: Indian benchmark indices-- Sensex and Nifty-- are likely to edge higher. At around 6:52 AM, GIFT Nifty futures were up 63.9 points at 25,436.5.
 

Even though the trading will take place as usual today, the accounts will be settled on Tuesday, September 17, as per a notification of BSE. READ MORE

 

7:56 AM

Stock Market LIVE Updates: Buy & Sell Ideas for Sep 16; top stock picks by Rajesh Bhosale of Angel One

Stock Market LIVE Updates: The festive week was action-packed, ultimately favoring the bulls. It started on a cautious note, testing levels around 24,750, but as the week progressed, prices defended key support and moved higher. 
 

The biggest surprise came on Thursday, when within just two hours, prices shot up by over 400 points, marking a fresh new high. READ MORE

 

7:55 AM

Stock Market LIVE Updates: Nifty50 index bullish on tech charts; buy dips? Here's what analysts say

Stock Market LIVE Updates: The NIFTY 50 index is exhibiting a bullish trend on the charts, making it an attractive option for traders seeking to capitalize on the ongoing upward momentum.

The optimal trading strategy in the near term would be to buy the index and its constituents on dips, as all relevant moving averages are aligned in an upward direction, reinforcing the bullish outlook. READ MORE

 

7:51 AM

Stock Market LIVE Updates: Jigar S Patel of Anand Rathi recommends buying these three stocks today

Stock Market LIVE Updates: Recently, IRCTC's stock price has been consolidating around its 200-day Exponential Moving Average (DEMA), which is often seen as a critical support level. This consolidation suggests that the stock is forming a solid base, indicating a potential shift in trend. READ MORE

7:44 AM

Stock Market LIVE Updates: Oil prices gain

Stock Market LIVE Updates: Oil prices edged up in early trade on Monday amid expectations of a US interest rate cut this week, though gains were capped by US supply resumptions following Hurricane Francine and weaker China data.
 

Brent crude futures for November were up 22 cents, or 0.31 per cent at $71.83 a barrel at 7:45 AM. US crude futures for October were up 31 cents, or 0.45 per cent, at $68.96 a barrel.

 

7:39 AM

Stock Market LIVE Updates: Asia markets opened mixed on Monday

Stock Market LIVE Updates: Asian markets opened mixed on Monday, with Hong Kong stocks falling, even as several key markets were closed for holidays.

Hong Kong’s Hang Seng index fell 0.76 per cent on open, while Australia’s S&P/ASX 200 rose 0.44 per cent on open. 

The Taiwan Weighted Index edged up slightly.

Markets in China, Japan, South Korea and Indonesia were closed for holidays, making for thin trading on Monday morning. 

7:37 AM

Stock Market LIVE Updates: US markets closed higher on Friday

Stock Market LIVE Updates: Wall Street closed higher on Friday. 

The Dow Jones Industrial Average closed 0.72 per cent higher, the S&P 500 gained 0.54 per cent, and the Nasdaq Composite climbed 0.65 per cent.

 

7:35 AM

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