Stock Market Highlights: Benchmarks end 5-day losing streak; Sensex soars 498pts, Nifty above 23,750

Stock Market Highlights: The BSE Sensex climbed 0.64 per cent or 498.58 points to settle at 78,540.17 while NSE's Nifty50 rallied 0.95 per cent or 165 points to close at 23,753.45 levels

10:24 AM

Stock Market LIVE Updates: L&T share price rises 2% after bagging major order from Ministry of Defence

Stock Market LIVE Updates: Larsen and Toubro (L&T) shares rose 1.6 per cent in Monday's trade, logging an intraday high at Rs 3,690 per share on BSE. The stock gained after the company bagged a major contract from the Ministry of Defence for the supply of K9 Vajra-T Artillery Platforms to the Indian Army.

 

Around 9:52 AM, L&T shares were up 0.51 per cent at Rs 3,649.15 per share on BSE. In comparison, the BSE Sensex was up 0.76 per cent at 78,634.73.  READ MORE

 

10:15 AM

Stock Market LIVE Updates: Mamata Machinery IPO closes today; Subscription rises 37x, GMP up 107%

Stock Market LIVE Updates: The three-day subscription window for the initial public offering (IPO) of Mamata Machinery, which opened for public subscription on Thursday, December 19, 2024, is set to conclude today, Monday, December 23, 2024. The public offering has so far received an overwhelming response from investors.

 

Data available on the National Stock Exchange (NSE) revealed that the Mamata Machinery IPO has received bids for 19,54,62,727 shares against 51,78,227 shares on offer, resulting in an oversubscription of 37.75 times by the end of the second day of subscription, December 20, 2024. READ MORE

 

10:07 AM

Stock Market LIVE Updates: India Cements, UltraTech Cement gains up to 11% as CCI approves acquisition

Stock Market LIVE Updates: The India Cements shares jumped 11 per cent in Monday's (December 23, 2024) trade, logging an intraday high at Rs 376.3 per share on BSE. The buying in the stock came after the Competition Commission of India (CCI) granted approval to UltraTech Cement acquirers. 

Around 9:22 AM, the India Cements shares were up 9.19 per cent at Rs 370.15 per share on BSE. In comparison, the BSE Sensex was up 0.72 per cent at 78,600.18. The market capitalisation of the India Cements stood at Rs 11,472.39 crore. READ MORE

 

10:02 AM

Stock Market LIVE Updates: 10 AM market update - Sensex, Nifty maintain opening gains

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were maintaining the gains from opening bell amid firm global cues.

At 10 AM, the BSE Sensex was higher by 507.18 points, or 0.65 per cent, at 78,548.77, and the Nifty50 was at 23,730, ahead by 143 points, or 0.61 per cent.

 

9:56 AM

Stock Market LIVE Updates: Cupid pares gains after jumping 5% on bagging Rs 18.2-cr deal from UNFPA

Stock Market LIVE Updates: Cupid has received orders worth Rs 18.2 crore from the United Nations Population Fund (UNFPA).  

 

9:55 AM

Stock Market LIVE Updates: Coforge climbs 1.7% as it completed acquisition of 54% stake in Cigniti Tech

Stock Market LIVE Updates: Coforge has completed the acquisition of a 54 per cent stake in Cigniti Technologies at Rs 1,415 per share.  

 

9:51 AM

Stock Market LIVE Updates: Ultratech Cement climbs 1.4% as CCI gives nod to its India Cements acquisition

Stock Market LIVE Updates: Ultratech Cement’s acquisition of The India Cements Ltd. has been approved by the Competition Commission of India (CCI).  

 

9:45 AM

Stock Market LIVE Updates: 343 electric buses order of Rs 1,800 crore sends JBM Auto share 5% higher

Stock Market LIVE Updates: JBM Auto share price was in demand on Monday, December 23, 2024, as the scrip moved up to 5.23 per cent to hit an intraday high of Rs 1,725 per share.  

 

However, at 9:22 AM, the JBM Auto share was off day’s high and was trading 3.18 per cent higher at Rs 1,691.40 apiece. In comparison, BSE Sensex was trading 0.78 per cent higher at 78,653.87 levels. READ MORE

 

9:44 AM

Stock Market LIVE Updates: Piramal Enterprises climbs 2.7% on plans to raise Rs 2,000 crore via NCDs

Stock Market LIVE Updates: Piramal Enterprises plans to issue secured non-convertible debentures worth Rs 2,000 crore.  

 

9:42 AM

Stock Market LIVE Updates: Fortis Healthcare drops nearly 1.5% after buying 7.61 stake in Agilus Diagnostics

Stock Market LIVE Updates: Fortis Healthcare has acquired a 7.61 per cent equity stake in Agilus Diagnostics for Rs 429 crore.  

 

9:37 AM

Stock Market LIVE Updates: Larsen & Toubro up 1.6% on signing Rs 7,629-cr deal for artillery guns

Stock Market LIVE Updates: The Ministry of Finance has signed a Rs 7,629 crore contract with L&T for the supply of K9 Vajra-T self-propelled tracked artillery guns for the Indian Army.  

 

9:35 AM

Stock Market LIVE Updates: Aurobindo Pharma up nearly 2% as unit gets UK's MHRA nod for oncology biosimilar

Stock Market LIVE Updates: Aurobindo Pharma’s subsidiary, Curateq Biologics, has received approval from the UK’s MHRA for its oncology biosimilar Bevqolva.  

 

9:33 AM

Stock Market LIVE Updates: Sterling & Wilson Renewables gains over 6% after securing Rs 1,200 crore deal

Stock Market LIVE Updates: The company has secured a prestigious domestic order worth approximately Rs 1,200 crore.

 

9:31 AM

Stock Market LIVE Updates: JBM Auto jumps over 5% as unit wins Rs 1,800 crore deal from Ahmedabad BRTS

Stock Market LIVE Updates: JBM Auto’s subsidiary has been awarded a Rs 1,800 crore contract by Ahmedabad BRTS for the supply of 343 electric buses.  

 

9:27 AM

Stock Market LIVE Updates: Broader indices rise

The BSE SmallCap index rose 0.37 per cent, while the BSE MidCap index jumped 0.51 per cent.