Stock Market Rally: Bulls party on D-St; Sensex soars 1436 pts, Nifty nears 24,200; auto, IT shine

Markets Today Highlights: Bulls dominated Dalal Street as all constituent stocks of the Nifty50, barring Sun Pharma and Britannia, ended in the green, with gains extending up to 8.55 per cent

2:35 PM

Stock Market LIVE Updates: PB Fintech, Lloyds Metals, FSL among 12 BSE500 stocks hit record highs

Stock Market LIVE Updates: Shares of PB Fintech, which owns and operates online financial services platform, PolicyBazaar, along with Lloyds Metals and Energy (LMEL), Firstsource Solutions (FSL),  Lemon Tree Hotels, and United Spirits (USL), are among the 12 stocks from the BSE500 index that have hit their respective record highs, after an over 1,000 points rally in the BSE Sensex on Thursday’s intra-day trade. READ MORE 

2:29 PM

Stock Market LIVE Updates: Waaree Energies secures 150 MWp solar modules order for renewable project

Stock Market LIVE Updates: Waaree Energies on Thursday said it has secured an order to supply solar modules totalling a capacity of 150 MWp for a major renewable project in India.

 

The contract includes the supply of Waaree's flagship high-efficiency Glass N-type Topcon bifacial modules, rated at 585/590Wp, a company statement said. These modules are recognised for their durability, exceptional energy output, and advanced technology, it stated. READ MORE 

 

2:23 PM

Stock Market LIVE Updates: Vishnu Prakash up 4% on winning Rs 31.34-crore order from govt of Rajastha

Stock Market LIVE Updates: Vishnu Prakash R Punglia shares gained 4 per cent in trade on BSE logging an intraday high at Rs 307.05 per share. The stock gained after the company received a letter of intent (LOI) for elevation works of academic blocks of Fintech Digital Institute, Jodhpur. READ MORE

2:17 PM

Stock Market LIVE Updates: KPI Green Energy shares rise over 4% as ex-bonus date looms; details here

Stock Market LIVE Updates: Shares of power generation company KPI Green Energy advanced 4.31 per cent to a day's high of Rs 864.80 on the National Stock Exchange (NSE) during intra-day trade on January 2, 2024. READ MORE 

2:06 PM

Stock Market LIVE Updates: Sensex soars 1,100 pts; Nifty tops 24,100; What's boosting stock market?

Stock Market LIVE Updates: The Indian market surged in trade on Thursday, January 2, 2025. The BSE Sensex added 1,184.45 points or 1.5 per cent and logged an intraday high at 79,735.55, similarly, the National Stock Exchange (NSE) Nifty advanced 377.7 points or 1.5 per cent to the day's high at 24,120.6.

 

On BSE, Bajaj Finserv, Bajaj Finance, Maruti Suzuki, Mahindra & Mahindra (M&M) and Infosys were among the top gainers. While, only Sun Pharma, Adani Ports, NTPC and SBI were among the top laggards. READ MORE

 

2:03 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty maintain higher levels

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty50 were trading higher on Thursday as most major global markets returned from the New Year's Day break.

At 2 PM, the BSE Sensex was higher by 1,213.65 points, or 1.55 per cent, at 79,721.06, while the Nifty50 was at 24,129.75, higher by 386.86 points, or 1.63 per cent.

 

1:54 PM

Stock Market LIVE Updates: Nifty Auto up 2%, extends rally post Dec sales; Eicher hits record high

Stock Market LIVE Updates: Shares of automobile companies were trading higher for the second straight day, with Eicher Motors, Maruti Suzuki India, Ashok Leyland and Mahindra & Mahindra (M&M) surging up to 5 per cent on the BSE in Thursday’s intra-day trade after these companies reported a better-than-expected sales for the month of December 2024. Bajaj Auto, TVS Motor Company and Tata Motors were trading higher in the range of 1 per cent to 2 per cent.

At 11:44 AM; BSE Auto and Nifty Auto, were the top gainers among sectoral indices, up 2 per cent, as compared to 0.9 per cent rise in the BSE Sensex and Nifty 50. In the past two days, the auto index has rallied 3 per cent. READ MORE

 

 

1:44 PM

Stock Market LIVE Updates: Petronet LNG share price tumbles 8.5%; why are the PSU's stocks falling?

Stock Market LIVE Updates: Petronet LNG share price cracked on the bourses today, tumbling 8.46 per cent to Rs 317.95 per share on the BSE. The shares hit a low of Rs 317.8 per share on the NSE.

 

The weakness in Petronet LNG share price came amid reports of regulatory body Petroleum and Natural Gas Regulatory Board (PNGRB) pulling up Petronet LNG for levying higher charges. READ MORE

 

1:35 PM

Stock Market LIVE Updates: Aeroflex Inds expands production capacity, launches new product, Metal Bellows

Stock Market LIVE Updates: Aeroflex Industries today informed that it has increased the installed capacity of S.S. Hose and Brading by an additional 1.5 million meters, increasing the production capacity from 15 million meters per annum to 16.5 million meters per annum.

It added that it has successfully completed the expansion of its Composite Hose capacity with the addition of three new lines, taking the total number of lines to six.

Apart from that, the company also said that it has commenced commercial production and launched a new product, Metal Bellows, with an annual production capacity of 1,20,000 pieces.

 

1:26 PM

Stock Market LIVE Updates: Parmeshwar Metal IPO update; GMP zooms 33%, subscription gathers pace

Stock Market LIVE Updates: The unlisted shares of manufacturer Parmeshwar Metal were commanding a solid premium in the grey market as its initial public offering (IPO) opened for subscription today, January 2, 2025. Parmeshwar Metal IPO is a book-built issue of Rs 24.74 crore, comprising entirely a fresh issue of 4.05 million shares. The public offering is available at a price band of Rs 57-61, with a lot size of 2,000 shares.

Sources tracking unofficial market activities revealed that the company’s shares were trading at around Rs 81 apiece, reflecting a grey market premium (GMP) of Rs 20 or 32.79 per cent per share.
 

The SME offering has been subscribed around 73 per cent till around 11:09 AM on January 2, 2025. READ MORE

 

1:15 PM

Stock Market LIVE Updates: JK Lakshmi Cement gets nod from BSE, NSE for merger scheme with UCWL, HITCL, HDIPL

Stock Market LIVE Updates: JK Lakshmi Cement today informed that it has received observation letters from the BSE and NSE in relation to the Composite Scheme of Amalgamation and Arragement between JK Lakshmi Cement Ltd., Udaipur Cement Works Ltd. (UCWL), Hansdeep Industries & Trading Company Ltd. (HITCL) and Hidrive Developers and Industries Private Limited (HDIPL) and their respective Shareholders and Creditors.

The company, in an exchange filing, informed that both the exchanges have issued the Obervation Letters, with 'No adverse observation' / 'No objection', to the proposed scheme.

The company said, "We would like to inform you that BSE and NSE vide their letters dated 1st January 2025, have issued their Observation Letters as required under Regulation 37 of the Listing Regulations with ‘No adverse observation’/ ‘No objection’, to the proposed Scheme. Copies of Observation Letter of BSE and NSE are attached herewith for your reference and record". 

 

1:02 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty at day's high

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty50 were trading higher on Thursday as most major global markets returned from the New Year's Day break.

At 1 PM, the BSE Sensex was higher by 1,004 points, or 1.28 per cent, at 79,511.8, while the Nifty50 was at 24,054.50, ahead by 311.60 points, or 1.31 per cent.

 

12:58 PM

Stock Market LIVE Updates: Maruti Suzuki shares vroom 6% in two day; here's what's boosting rally

Stock Market LIVE Updates: Maruti Suzuki, manufacturer of Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR, shares gained 3.1 per cent in trade on BSE logging an intraday high at Rs 11,570.9 per share. The scrip has advanced over 6 per cent in two days boosted by positive sentiments surrounding strong sales numbers.

 

Around 10:57 AM, Maruti share price was up 2.73 per cent at Rs 11,527.7 per share on BSE. In comparison, the BSE Sensex was up 0.78 per cent at 79,120.59. The market capitalisation of the company stood at Rs 3,62,433.86 crore. The 52-week high of the stock stood at Rs 13,675 per share and the 52-week low stood at Rs 9,738.4 per share. READ MORE

 

12:49 PM

Stock Market LIVE Updates: Hyundai Motor India announces launch of Hyundai Creta Electric

Stock Market LIVE Updates: Hyundai Motor India today announced the launch of the electric version of its popular SUV model, called Hyundai Creta Electric.

The company, in an exchange filing, said, "Hyundai Motor India Limited (HMIL), today reveals the much anticipated Hyundai CRETA Electric. This groundbreaking electric SUV combines bold design, cutting-edge technology, and unparalleled safety to set new benchmarks in India’s EV market".

The company added that the Hyundai CRETA Electric is being revealed with an engaging TV advertisement campaign called, “India is now Ready; Electric is now CRETA”, which highlights India’s readiness for electric mobility, and focuses on the question “Why Now?”. 

It also showcases the vehicle’s bold exterior, sophisticated interiors, and advanced technological features, the company said.

 

12:42 PM

Stock Market LIVE Updates: BPCL, IRFC, NHPC: 5 PSU stocks with up to 14% upside potential in near-term

Stock Market LIVE Updates: Shares of Public Sector Undertakings witnessed selling pressure in the second half of the calendar year 2024; partly on account of profit-taking and increased volatility in the market. The Nifty PSE index declined over 19 per cent from its peak of 11,815 in August to end the year at 9,532 levels. The index, however, still ended 2024 with a solid gain of 21.4 per cent.

 

Among individual stocks - Oil India was the major mover as the stock finished with a gain of 73.6 per cent in 2024. Bharat Electronics, HPCL (Hindustan Petroleum), IRFC (Indian Railway Finance Corporation) and Hindustan Aeronautics were the other major gainers - up around 50 per cent each. READ MORE