Stock Market Close Highlights: Sensex sheds 721pts, Nifty holds 24,000; HDFC, ICICI Bank weigh

Markets Today Highlights:32 out of 50 constituent stocks of Nifty50 ended in the red, dragged by Wipro, HDFC Bank, Tech Mahindra, Adani Ports, and Cipla, with losses extending up to 2.83 per cent

2:15 PM

Stock Market LIVE Updates: Why Sagility shares hit back-to-back 5% upper circuit for two sessions?

Stock Market LIVE Updates: Sagility India shares were locked in a 5 per cent upper circuit in Friday's trade on BSE at Rs 52.84 per share. The stock hit upper band for the second consecutive session. 

 

Around 12:36 PM, Sagility share price was up 4.99 per cent at Rs 52.84 per share on BSE. In comparison, the BSE Sensex was down 0.61 per cent at 79,459.72. The market capitalisation of the company stood at Rs 24,736.14 crore. The 52-week high of the stock stood Rs 56.44 per share and the 52-week low of the stock stood at Rs 27.02 per share. READ MORE

2:03 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty50 were trading lower on Friday, amid weak global cues.

At 2 PM, the BSE Sensex was lower by 604.90 points, or 0.76 per cent, at 79,338.81, while the Nifty50 was at 24,043.05, down 145.60 points, or 0.6 per cent.

 

1:55 PM

Stock Market LIVE Updates: ITI surges 11% on heavy volumes; up 29% in 1 week, zoomed 92% in 2 months

Stock Market LIVE Updates: Shares of ITI hit a new high of Rs 422.45, as they rallied 11 per cent on the BSE in Friday’s intra-day trade amid heavy volumes in an otherwise weak market. In one week, the stock of the public sector undertaking (PSU) company has surged 29 per cent. 

 

In two months, the market price of the telecom equipment and accessories maker has zoomed 92 per cent from the level of Rs 220 on the BSE. In two years, ITI share price has skyrocketed 302 per cent from Rs 105.10 on January 3, 2023, on improved financial performance and a healthy business outlook. READ MORE

 

1:45 PM

Stock Market LIVE Updates: ITC down 1% ahead of ex-date for hotel business on Monday, January 6

Stock Market LIVE Updates: Shares of ITC are down 1 per cent at Rs 483.65 on the BSE in Friday’s intra-day trade amid heavy volumes on profit booking ahead of ex-date for the company's demerger of its hotel business on Monday, January 6. In the past two weeks, the stock had gained 5 per cent.

 

ITC Hotels was incorporated as a wholly-owned subsidiary of ITC in July, 2023, with its main objective being the hotels and hospitality business. The hotels business of ITC includes ownership, licensing and management of several hotel properties and providing services, including accommodation, dining, and banqueting among other services. READ MORE

 

1:33 PM

Stock Market LIVE Updates: Force Motors share price rises 14% in two days; soars 94% in one year

Stock Market LIVE Updates: Force Motors shares jumped 5.4 per cent in Friday's trade on BSE and hit an intraday high at Rs 7,639.7 per share. In two days the stock has gained over 14 per cent. Around 11:33 AM, Force Motors share price was up 2.44 per cent at Rs 7380.3 per share on BSE. In comparison, the BSE Sensex was down 0.47 per cent at 79,564.82. The market capitalisation of the company stood at Rs 9,618.67 crore. The 52-week high of the stock stood Rs 10,272.65 per shares and the 52-week low of the stock stood at Rs 3,333. READ MORE

 

 

1:24 PM

Stock Market LIVE Updates: GPCB orders Aarti Pharmalabs to stop operations at Valsad, Gujarat plant

Stock Market LIVE Updates: Aarti Pharmalabs today informed that it has been directed by the Gujarat Pollution Control Board, to close operations at its Valsad, Gujarat, plant on concerns raised by the regulatory authorities, apart from depositing a bank guarantee of Rs 2.5 lakh, as compliance assurance at the time of revocation.

The company, in an exchange filing, said, "We hereby inform the Exchanges that the Company has received direction from the Gujarat Pollution Control Board, (‘GPCB’) under Section 33(A) of the Water (Prevention and Control of Pollution) Act, 1974, on January 02, 2025, to close the operations at its plant, located at Plot No. 22/C -1, Phase 1, GIDC, Vapi -396195 Tal; Pardi , Dist: Valsad, Gujarat, India. Further, the GPCB has asked to submit a bank guarantee of Rs. 2,50,000 for compliance assurance at the time of revocation and has also ordered to deposit interim Environment Damage Compensation amount as and when decided by the GPCB."

The company added, "We wish to assure our stakeholders that we are taking immediate and appropriate measures to address the concerns raised by the regulatory authorities".

 

1:15 PM

Stock Market LIVE Updates: Western Carriers shares soar 16% on Rs 139-cr order win from Vedanta

Stock Market LIVE Updates: Shares of logistics solutions provider Western Carriers (India) climbed 16.47 per cent to hit the day's high of Rs 135 on the National Stock Exchange (NSE) during intra-day deals on Friday, January 3, 2025.

The surge in Western Carriers' share price came after the company announced that it had secured a material handling order worth Rs 139 crore from Vedanta. READ MORE

 

1:14 PM

Stock Market LIVE Updates: Hindustan Zinc share price gains 3% after Q3FY25 update; check details here

Stock Market LIVE Updates: Shares of Hindustan Zinc rose 3 per cent at Rs 466.75 a piece on the BSE in Friday’s intraday trade. Hindustan Zinc share price surged after it mixed metrics in its Q3FY25 financial update.

 

In the third quarter of FY25, Hindustan Zinc recorded mined metal production of 265,000 tonnes, which marked a marginal 2% decline compared to the same period in the previous fiscal year. Saleable metal production remained steady at 259,000 tonnes. READ MORE

 

 

 

1:13 PM

Stock Market LIVE Updates: Titan rallies 6% in 2 days ahead of December quarter business update

Stock Market LIVE Updates: Shares of Titan Company, the owner of the Tanishq brand of jewellery stores, were up nearly 2 per cent at Rs 3,457 on the BSE in Friday’s intra-day trade, extending their Thursday’s rally ahead of the release of the company's December 2024 quarter (Q3FY25) business update. In two days, the stock of the jewellery company has surged 6 per cent. In comparison, the BSE Sensex was down 0.54 per cent at 79,513.27 at 10:23 AM.

The company’s profitability for the September quarter (Q2FY25) was quite depressed on account of the customs duty related losses, as well as the need to invest in the growth of various businesses. READ MORE

 

1:01 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty50 were trading lower on Friday, amid weak global cues.

At 1 PM, the BSE Sensex was lower by 441.85 points, or 0.55 per cent, at 79,501.6, while the Nifty50 was at 24,083.75, down 104.90 points, or 0.43 per cent.

 

12:58 PM

Stock Market LIVE Updates: Wockhardt rises 5% on getting CDSCO's approval for pneumonia curing drug

Stock Market LIVE Updates: Wockhardt shares rose 5.4 per cent in Friday's trade on BSE and hit 52-week high at Rs 1,580 per share. The buying interest in the stock can be attributed to company receiving Indian Drug Regulator's approval for its new generation oral antibiotic miqnaf used for treating pneumonia.

 

Around 10:46 AM, Wockhardt share price was up 5.19 per cent at Rs 1520.85 per share on BSE. In comparison, the BSE Sensex was down 0.76 per cent at 79,333.10. The market capitalisation of the company stood at Rs 24,708.6 crore. The 52-week low of the stock stood at Rs 402.85 per share. READ MORE

 

12:49 PM

Stock Market LIVE Updates: V2 Retail locked in 5% upper circuit on robust growth in Q3 update

Stock Market LIVE Updates: Shares of V2 Retail were locked in a 5 per cent upper circuit at Rs 1,725.90 a piece on the BSE in Friday’s intraday trade. V2 Retail share price surged after it reported robust growth in its Q3FY25 financial update.

 

V2 Retail’s standalone revenue for the quarter ending December 31, 2024, surged to Rs 591.03 crore, registering a 58 per cent year-on-year (YoY) growth compared to Rs 373.76 crore in Q3 FY24 and Rs 239.66 crore in Q3 FY23. READ MORE

 

12:38 PM

Stock Market LIVE Updates: Virtuoso Optoelectronics starts commercial producion from Nashik unit

Stock Market LIVE Updates: Virtuoso Optoelectronics today informed that it has started commercial production of Deep/ Chest Freezer, from its Nashik unit.

The company, in an exchange filing, said, "We are pleased to inform you that the Company has commenced the commercial production of Deep/Chest Freezer from its unit situated at Gate No. 38, 39 & 40, Janori- Mohadi Road, Village- Mohadi, Tal Dindori, Dist. Nashik-422206 on January 03, 2025". 

 

12:31 PM

Stock Market LIVE Updates: Zydus Lifesciences appoints Vikram Shukla as President - Parenteral Operations

Stock Market LIVE Updates: Zydus Lifesciences today informed tha it has appointed Vikram Shukla as President - Parenteral Operations. The company, in an exchange filing, said, "The Board of Directors of Zydus Lifesciences Limited have approved the appointment of Mr. Vikram Shukla as a President-Parenteral Operations and designated as the Senior Management Personne".

12:28 PM

Stock Market LIVE Updates: Godrej Agrovet launches Godrej Pride Hog, new range of product for pig's lifecycle

Stock Market LIVE Updates: Godrej Agrovet today announced the launch of Godrej Pride Hog, a scientifically developed pig feed range designed to provide optimal nutrition at each stage of a pig’s lifecycle. The range includes Starter, Grower, and Finisher variants, ensuring balanced nutrition for better health, immunity, and growth.