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Saturday, December 21, 2024 | 10:28 AM ISTEN Hindi

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Stock Market Crash Highlights: Sensex sinks 1176pts, Nifty settles at 23,587; all sectors end in red

Markets Crash Today: Broader markets fell more than the benchmarks, with the Nifty Midcap100 and Nifty Smallcap100 indices ending lower by 2.82 per cent and 2.19 per cent, respectively

Image SI Reporter New Delhi
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Share Market Today: Foreign Institutional Investors (FIIs) net sold Indian equities worth Rs 4,224.92 crore on December 19, while domestic institutional investors (DIIs) net bought shares worth Rs 3,943.24 crore on Thursday. (Photo: Shutterstock)

8:34 AM

Stock Market LIVE Updates: Accenture beats estimates for Q1 revenue on rise in services demand

Stock Market LIVE Updates: IT service provider Accenture beat Wall Street estimates for first-quarter revenue on Thursday, on the back of growing demand for its services to help clients adopt AI-powered tools. READ MORE
 
 
8:33 AM

Stock Market LIVE Updates: Sebi targets NFO mis-selling with new rule to prevent portfolio churn

Stock Market LIVE Updates: The Securities and Exchange Board of India (Sebi) has introduced a new rule aimed at putting a stop to unnecessary portfolio churn by distributors to pocket higher commissions, amid rising asset mobilisation through the new fund offer (NFO) route.
 
Under the new guidelines, distributors will no longer earn higher commissions for switching existing investments to NFOs. READ MORE
 
 
8:32 AM

Stock Market LIVE Updates: Factor-based investing gains ground in 2024 among fund houses, investors

Stock Market LIVE Updates: With most mutual funds (MFs) completing their bouquet of active fund products, they are now exploring the smart beta or factor-investing space to create differentiated products. This is evident from the sharp surge in factor-based indices in recent years.
 
The National Stock Exchange (NSE) has 31 factor-based indices, up from 23 at the start of 2024. Exchanges mostly create new indices based on demand from MFs. READ MORE
 
8:30 AM

Stock Market LIVE Updates: Mutual funds in 2025: Innovation and quality investing take centre stage

Stock Market LIVE Updates: The volume of new fund offerings (NFOs) in 2025 will fluctuate based on market conditions. However, innovation is expec­ted to continue unabated. With an increasing number of fund houses aiming to establish a presence in the 'factor' invest­ing space and changes in fund-of-fund taxation providing more opportunities, several industry-first offerings are anticipated.
 
A look at the filings made with market regulator, the Securities and Exchange Board of India (Sebi), in recent months shows the kind of funds you can expect in the first quarter of 2025. Some of the innovative possibilities include Bandhan Rediscovery Fund (a fund that will invest in companies that move out of the Nifty 100 index). READ MORE
 
 
8:29 AM

Stock Market LIVE Updates: Stars of the first half of the decade: Top MF schemes across categories

Stock Market LIVE Updates: The end of 2024 marks the completion of a crucial five-year period for mutual funds. The industry, which bore the brunt of the pandemic like every other business at the start of the decade, charted a new growth path soon after. Multiple factors drove growth, but the performance of active equity schemes stood out.
 
This period of growth came after the 2017 reclassification of active equity schemes — a reform that made it easier for investors to identify the top performers across scheme categories. READ MORE
 
 
8:28 AM

Stock Market LIVE Updates: Sebi introduces new measures to curb misleading investment return claims

Stock Market LIVE Updates: In a bid to clamp down on individuals and entities making lofty return claims, the Securities and Exchange Board of India (Sebi) has introduced a “Past Risk and Return Verification Agency” (PaRRVA), which will be tasked to verify the risk-return metrics of services offered by investment advisors, research analysts (RAs), algorithmic trading platforms, and other such entities.
 
Industry players said that for any claims such as “best performing”, “safety during volatility”, “top ranked”, or those on high returns, it would be mandatory to seek verification of the same. READ MORE
 
8:26 AM

Stock Market LIVE Updates: Nifty50 index could be range-bound next year, Smallcase survey shows

Stock Market LIVE Updates: The benchmark Nifty50 index may trade within the range of 25,000 to 28,000 next year, according to a survey conducted by Smallcase involving 150 managers on its investment platform. On Thursday, the Nifty closed at 23,951.
 
Most managers believe that green energy and banking could be prominent investment themes for the year ahead. Meanwhile, over 40 per cent of the managers surveyed expect public sector undertakings (PSUs), including defence, and the information technology (IT) sector to underperform. READ MORE
 
 
8:25 AM

Stock Market LIVE Updates: Small, midcap investing: CIOs urge caution and realistic expectations

Stock Market LIVE Updates: Domestic markets have retreated from recent highs, while earnings growth estimates have been revised downwards. Markets are increasingly polarised, said leading money managers during a panel discussion at Business Standard BFSI Insight Summit in Mumbai in November. 
Small and midcap segments show signs of bubble-like valuation and other segments are more reasonable, they said while discussing ‘Is the Market in a Bubble Zone?’ READ MORE
 
8:17 AM

Stock Market LIVE Updates: HDFC Securities advises investors to temper returns expectations for 2025

Stock Market LIVE Updates: Domestic brokerage HDFC Securities has told investors to moderate return expectations amidst elevated valuations. The brokerage expressed concerns about investor reaction in a scenario of muted returns after 10 continuous years when Nifty ended positively. READ MORE
 
8:11 AM

Stock Market LIVE Updates: 3 out of 5 IPOs fully booked on Day 1; IKS Health surges 48% on debut

Stock Market LIVE Updates: Three initial public offerings (IPOs) were fully covered out of the five that opened for subscription on Thursday, and the remaining two have reached the half- way mark.
 
The IPOs of DAM Capital Advisors (issue size Rs 840 crore), Transrail Lighting (Rs 839 crore), Sanathan Textiles (Rs 550 crore), Concord Enviro Systems (Rs 500 crore), and Mamata Machinery (Rs 179 crore) opened for subscription. READ MORE
 
8:09 AM

Stock Market LIVE Updates: Stocks to Watch, Dec 20 - Exide, GE Vernova, JK Cement, Amara Raja Energy

Stock Market LIVE Updates: A subsidiary of Exide Industries, Exide Energy Solutions signed a binding agreement with Hyundai Motor India to supply lithium-ion cells and battery packs for Hyundai's EVs in India. READ MORE
 
8:03 AM

Stock Market LIVE Updates: Stock Market Today - How to trade Nifty IT index post Accenture results?

Stock Market LIVE Updates: The Nifty Auto Index is currently consolidating within a range of 24,000 to 22,900 on the weekly charts, following a sharp correction in the short term.

This consolidation phase suggests indecision in the market, and until the index breaches either of these levels, a clear trend is unlikely to emerge. Safe traders are advised to remain on the sidelines and wait for a decisive breakout above 24,000 or below 22,900 before initiating new positions. READ MORE
 
 
7:58 AM

Stock Market LIVE Updates: Markets Today - US GDP; China LPR; FIIs; Senores & Carraro IPOs; IGI listing

The Indian benchmark indices, Nifty50 and Sensex are likely to start on a cautious note on the final trading session of the week as mixed global cues weigh on investor sentiment. Amid this backdrop, domestic developments also demand attention. In a major move, the Securities and Exchange Board of India (Sebi) introduced a new regulatory framework aimed at ensuring transparency in the investment advisory space. The initiative, called the “Past Risk and Return Verification Agency” (PaRRVA), is set to verify the claims of returns and risk metrics made by investment advisors, research analysts, algorithmic trading platforms, and similar entities.  Read more
7:57 AM

Stock Market LIVE Updates: GIFT Nifty futures hint lower start for Sensex, Nifty

Indian equities are expected to have another negative morning on Friday, according to GIFT Nifty futures. The futures were trading 86 points lower than Nifty50 futures at 23,932 level. 
 
On Thursday, the key benchmarks settled in red with the BSE Sensex closing 964 points or 1.20 per cent lower at 79,218.05, while the Nifty50 settled at 23,951.70, falling 247 points or 1.02 per cent.
7:54 AM

Stock Market LIVE Updates: Asian markets mixed

Nikkei and Topix edged up 0.1 per cent each. This came a day after the Bank of Japan maintained its interest rate at 0.25 per cent. Elsewhere, Kospi fell 0.7per cent, while ASX200 was down 1.1 per cent.

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First Published: Dec 20 2024 | 7:48 AM IST

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