Stock Market Closing Highlights: Sensex sheds 451pts, Nifty ends at 23,645; Banking, Auto shares dip

Markets Today Highlights: In the broader markets Nifty Midcap100 index ended higher by 0.37 per cent, while Nifty Smallcap100 index settled down by 0.62 per cent

SI Reporter New Delhi

8:29 AM

Stock Market LIVE Updates: 2024's IPOs explode with 31% Day 1 pop: Fireworks or false start?

Stock Market LIVE Updates: The initial public offerings (IPOs) of 2024 saw strong gains, with a weighted average first-day increase of 31 per cent, compared to 40 per cent in 2023, according to an analysis by Nuvama Alternative & Quantitative Research.

This year’s gains might have been higher if not for the lacklustre debut performances of several large IPOs, including Hyundai Motor India (which saw a 6 per cent drop on its first day), Afcons Infrastructure (up 7 per cent), and Acme Solar Holdings (down 3 per cent). READ MORE

8:23 AM

Stock Market LIVE Updates: Gold and silver ETFs: The new-age alchemists spinning wealth in 2024

Stock Market LIVE Updates: Gold and silver exchange-traded funds (ETFs) saw an extraordinary rise in demand during the calendar year (CY) 2024, driven by higher prices and favourable tax adjustments.

In the first 11 months of CY 2024, investors poured nearly Rs 19,000 crore into gold and silver ETFs, compared to Rs 9,485 crore in CY 2023, according to data from the Association of Mutual Funds in India. READ MORE

8:17 AM

Stock Market LIVE Updates: US economy surprised again in 2024 despite Fed Reserve, election drama

Stock Market LIVE Updates: Over the last few years, the US economy has consistently defied expectations for a slowdown, and 2024 was no different. Despite uncertainty around a presidential election, elevated interest rates and a cooling labour market, economic growth remained solid this year. The US is set to be the top performer among Group of Seven countries, according to International Monetary Fund projections. READ MORE

8:12 AM

Stock Market LIVE Updates: Oil prices inch lower in thin trade, investors eye China and US data

Stock Market LIVE Updates: Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the US later this week to assess growth in the world's two largest oil consumers. READ MORE

8:06 AM

Stock Market LIVE Updates: Gold falls Rs 10 to Rs 77,830, silver down Rs 100 at Rs 92,500 per kg

Stock Market LIVE Updates: The price of 24-carat gold fell Rs 10 in early trade on Monday, with ten grams of the precious metal trading at Rs 77,830 according to the GoodReturns website. The price of silver also declined by Rs 100, with one kilogram of the precious metal selling at Rs 92,500. The price of 22-carat gold also went down by Rs 10, with ten grams of the yellow metal selling at Rs 71,340. READ MORE

8:03 AM

Stock Market LIVE Updates: Stocks to Watch on Dec 30, 2024: TaMo, NTPC, JSW Energy, PNC Infra, BPCL

Stock Market LIVE Updates: The company's new passenger electric vehicles (EVs) will go at least 500 km on a single charge, said Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility to Business Standard. READ MORE

7:58 AM

Stock Market LIVE Updates: Markets Today: Wall St. in red; FIIs; Ventive, Senores Pharma, Carraro IPOs

Stock Market LIVE Updates: Asia-Pacific markets opened lower on the second-to-last trading day of the year, following a decline on Wall Street. South Korea’s Kospi dipped in early trading, but recovered afterwards. Last checked, Kospi was up 0.8 per cent. READ MORE

7:53 AM

Stock Market LIVE Updates: Asian peers are trading mixed

Stock Market LIVE Updates: China's Shanghai is up 0.27 per cent, Hong Kong's Hang Seng is flat with negative bias, Japan's Nikkei is down 0.68 per cent.