Stock Market Closing Highlights: Sensex adds 234 points, Nifty at 23,708; Smallcap shares outperform
Markets Today Highlights: Among the broader markets, small-cap shares outperformed others, with the Nifty Smallcap100 ending up 1.35 per cent
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12:30 PM
Around 10:42 AM, NESCO share price was up 4.03 per cent at Rs 1,035.4 per share on BSE. In comparison, the BSE Sensex was up 0.34 per cent at 78,229.42. READ MORE
Stock Market LIVE Updates: NESCO share price gains 5% in trade; here's what's boosting rally in stock
Stock Market LIVE Updates: NESCO Ltd shares advanced 5.3 per cent in Tuesday's trade on BSE, logging an intraday high at Rs 1,048 per share which was 3 per cent away from its 52-week high of Rs 1,081 per share. The buying in the stock came after the company emerged as the highest bidder for developing Wayside Amenities in the south zone on Bengaluru Chennai Expressway Corridor.
Around 10:42 AM, NESCO share price was up 4.03 per cent at Rs 1,035.4 per share on BSE. In comparison, the BSE Sensex was up 0.34 per cent at 78,229.42. READ MORE
12:20 PM
The stock of the smallcap company has surpassed its previous high of Rs 454.80, touched on December 17, 2024. In five months, it has more than doubled, or zoomed 159 per cent from the level of Rs 186.65, on August 7, 2024.
Investor Ramesh Damani held 1.68 million equity shares, or 1.58 per cent stake, in Goldiam International as on September 30, 2024, the shareholding pattern of the company showed. READ MORE
Stock Market LIVE Updates: This Ramesh Damani portfolio stock surges 16%; zoomed 159% in 5 months
Stock Market LIVE Updates: Shares of Goldiam International hit a new high of Rs 483.80, as they rallied 16 per cent on the BSE in Tuesday’s intra-day trade amid heavy volumes on expectations of healthy earnings. In comparison, the BSE Sensex was up 0.3 per cent at 78,205 at 10:53 AM.
The stock of the smallcap company has surpassed its previous high of Rs 454.80, touched on December 17, 2024. In five months, it has more than doubled, or zoomed 159 per cent from the level of Rs 186.65, on August 7, 2024.
Investor Ramesh Damani held 1.68 million equity shares, or 1.58 per cent stake, in Goldiam International as on September 30, 2024, the shareholding pattern of the company showed. READ MORE
12:07 PM
Around 10:07 AM, Info Edge share price was down 3.74 per cent at Rs 8479.7 per share on BSE. In comparison, the BSE Sensex was up 0.02 per cent at 77,978.73. The market capitalisation of the company stood at Rs 1,09,721.47 crore. The 52-week high of the stock stood at Rs 9,194.95 per share and the 52-week low of the stock stood at Rs 4,868.5 per share. READ MORE
Stock Market LIVE Updates: Naukri.com parent Info Edge shares slip 4% after posting Q3 biz update
Stock Market LIVE Updates: Info Edge (India), parent company of naukri.com, shares slipped 3.8 per cent in Tuesday's trade on BSE, logging an intraday low at Rs 8486.85 per share. The selling pressure in the stock came after the company posted its Q3 update.
Around 10:07 AM, Info Edge share price was down 3.74 per cent at Rs 8479.7 per share on BSE. In comparison, the BSE Sensex was up 0.02 per cent at 77,978.73. The market capitalisation of the company stood at Rs 1,09,721.47 crore. The 52-week high of the stock stood at Rs 9,194.95 per share and the 52-week low of the stock stood at Rs 4,868.5 per share. READ MORE
12:02 PM
At 12 PM, the BSE Sensex was higher by 288 points, or 0.37 per cent, at 78,253, while the Nifty50 was at 23,73.45, ahead by 122 points, or 0.52 per cent.
Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty maintain gains
Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 were trading higher, tracking overnight gains on the S&P 500 and Nasdaq amid positive global cues.
At 12 PM, the BSE Sensex was higher by 288 points, or 0.37 per cent, at 78,253, while the Nifty50 was at 23,73.45, ahead by 122 points, or 0.52 per cent.
11:51 AM
Stock Market LIVE Updates: Zomato share bleeds 5% as Jefferies downgrades to 'Hold', slashes target
Stock Market LIVE Updates: Food aggregator Zomato shares bled on Tuesday, January 7, 2025, as the stock plunged up to 4.93 per cent to hit an intraday low of Rs 251.60 per share.
Zomato's share price dropped after Jefferies, a financial services firm based in New York, downgraded the stock to 'Hold', according to reports. The brokerage also reduced its target price for Zomato from Rs 335 to Rs 275, citing increased competition and discounting pressures affecting profitability. READ MORE
11:45 AM
The company, in an exchange filing, said, "An Order has been received by our Haryana GSTIN for the period from F.Y.2017-2018 to 2020-2021 demanding GST of Rs.5,21,52,038 along with a penalty of Rs.5,22,02,038 and applicable interest under applicable provisions of the IGST Act, 2017, CGST Act, 2017 and SGST Act, 2017".
Stock Market LIVE Updates: Alkem Laboratories gets tax demand and penalty notice for Rs 10.44 crore
Stock Market LIVE Updates: Alkem Laboratories today informed that it has received a tax demand order of Rs 5.21 crore, along with a penalty of Rs 5.22 crore, apart from applicable interest, for the period from FY18 to FY21.
The company, in an exchange filing, said, "An Order has been received by our Haryana GSTIN for the period from F.Y.2017-2018 to 2020-2021 demanding GST of Rs.5,21,52,038 along with a penalty of Rs.5,22,02,038 and applicable interest under applicable provisions of the IGST Act, 2017, CGST Act, 2017 and SGST Act, 2017".
11:40 AM
Total vehicle registrations reached 26,107,679 units last year, up from 23,928,293 units in 2023, reflecting a 9 per cent increase, according to a report by news agency PTI. READ MORE
Stock Market LIVE Updates: Auto sales rose 9% in 2024 on strong demand for two-wheelers: Fada
Stock Market LIVE Updates: Automobile retail sales grew by 9 per cent year-on-year in 2024, driven by strong demand for two-wheelers and passenger vehicles despite a challenging business environment, according to the Federation of Automobile Dealers Associations (Fada) on Tuesday.
Total vehicle registrations reached 26,107,679 units last year, up from 23,928,293 units in 2023, reflecting a 9 per cent increase, according to a report by news agency PTI. READ MORE
11:36 AM
In stock markets, a fall of more than 20 per cent from the peak is considered as a change in stance from bullish to bearish. On Tuesday, the Nifty PSU Bank index quoted with a gain of 0.7 per cent around 6,430 levels. READ MORE
Stock Market LIVE Updates: SBI, BoB, BoI: How to trade PSU Bank stocks as index falls 20% from peak
Stock Market LIVE Updates: The Nifty PSU Bank index has declined over 20 per cent from its peak of 8,053 in June 2024 in little over six months. In the process, the several PSU Bank stocks have declined in the range of 20-30 per cent, and are now seen testing the key long-term moving averages on the monthly scale.
In stock markets, a fall of more than 20 per cent from the peak is considered as a change in stance from bullish to bearish. On Tuesday, the Nifty PSU Bank index quoted with a gain of 0.7 per cent around 6,430 levels. READ MORE
11:31 AM
The company, in an exchange filing, said, "Based in London, Anshuman will spearhead our growth and innovation initiatives in the UK & Europe region, aligning with our vision to be the leading digital transformation partner to clients. He will also be a key member of HGS' Global Executive Team and help shape global corporate strategy".
Singh is an experienced professional with over 25 years of international and multi-disciplinary expertise across various industries. He was most recently with LTI Mindtree in London, where he held several strategic leadership roles across his two-decade-long tenure, including leading its Interactive and Consulting businesses.
Stock Market LIVE Updates: Hinduja Global Solutions appoints Anshuman Singh as new CEO UK operations
Stock Market LIVE Updates: Hinduja Global Solutions today informed that it has appointed Anshuman Singh as the Chief Executive Officer for its UK operations.
The company, in an exchange filing, said, "Based in London, Anshuman will spearhead our growth and innovation initiatives in the UK & Europe region, aligning with our vision to be the leading digital transformation partner to clients. He will also be a key member of HGS' Global Executive Team and help shape global corporate strategy".
Singh is an experienced professional with over 25 years of international and multi-disciplinary expertise across various industries. He was most recently with LTI Mindtree in London, where he held several strategic leadership roles across his two-decade-long tenure, including leading its Interactive and Consulting businesses.
11:24 AM
Stock Market LIVE Updates: Kalyan Jewellers share rallies 5% post Q3 biz update, pares gains later
Stock Market LIVE Updates: Kalyan Jewellers share price today advanced 4.8 per cent on the BSE in Tuesday’s intraday trade, after the jewellery company shared its December quarter (Q3) business update. The stock, however, failed to hold onto the gains and turned flat later.
At 10:30 AM, Kalyan Jewellers shares were down 0.66 per cent at Rs 739 per share as against a 0.4 per cent rise in the benchmark BSE Sensex index. Kalyan Jewellers stock has hit an intraday high of Rs 781 per share and an intraday low of Rs 733.85 per share thus far in trades. READ MORE
11:12 AM
The company, in an exchange filing, said, it has won an order to implement Advanced Distribution Management System in West Bengal, apart from an order in Saudi Arabia for a key 380kV Substation that will facilitate evacuation of solar power. Then, at a major city project in Kuwait, PT&D has won a 400kV Substation order.
Stock Market LIVE Updates: L&T's PT&D biz wins orders worth between Rs 2,500-5,000 crore in India & abroad
Stock Market LIVE Updates: Larsen & Toubro today informed that its Power Transmission & Distribution (PT&D) vertical has won new orders in India and the Middle East that it classifies as 'Large' ones. A large order for L&T has order value between Rs 2,500 crore and Rs 5,000 crore.
The company, in an exchange filing, said, it has won an order to implement Advanced Distribution Management System in West Bengal, apart from an order in Saudi Arabia for a key 380kV Substation that will facilitate evacuation of solar power. Then, at a major city project in Kuwait, PT&D has won a 400kV Substation order.
11:05 AM
This comes in the backdrop of India reporting at least five cases of Human Metapneumovirus (hMPV) on Monday. The virus causes respiratory illness and was recently identified in China and Malaysia as well. Two cases were detected in Karnataka, two in Tamil Nadu, and one in Gujarat. All five confirmed cases have been found in children, the Business Standard reported. READ MORE
Stock Market LIVE Updates: PVR Inox shares hit 44-month low; stock has tanked 26% from December high
Stock Market LIVE Updates: PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday’s intra-day trade in an otherwise firm market on growth concerns. The stock price of India's largest multiplex chain operator has slipped 29 per cent from its previous month high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.70, touched on June 4, 2024. The stock is trading at its lowest level since May 2021.
This comes in the backdrop of India reporting at least five cases of Human Metapneumovirus (hMPV) on Monday. The virus causes respiratory illness and was recently identified in China and Malaysia as well. Two cases were detected in Karnataka, two in Tamil Nadu, and one in Gujarat. All five confirmed cases have been found in children, the Business Standard reported. READ MORE
11:02 AM
At 11 AM, the BSE Sensex was higher by 253 points, or 0.32 per cent, at 78,218, while the Nifty50 was at 23,721.05, ahead by 105 points, or 0.44 per cent.
Stock Market LIVE Updates: 11 AM market update - Sensex, Nifty trade higher
Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 were trading higher, tracking overnight gains on the S&P 500 and Nasdaq.
At 11 AM, the BSE Sensex was higher by 253 points, or 0.32 per cent, at 78,218, while the Nifty50 was at 23,721.05, ahead by 105 points, or 0.44 per cent.
10:55 AM
Clarifying to the exchanges regarding "significant movement in the company’s stock price", BPCL informed the BSE and the NSE that there was no event / information reported in the mainstream media January 5th and 6th, 2025, including any impending announcement, which could have trigged the material price movement. READ MORE
Stock Market LIVE Updates: IGL, BPCL, Gail (India) shares rise 2% each on in-principle nod to MNGL IPO
Stock Market LIVE Updates: Shares of Bharat Petroleum Corporation (BPCL), Indraprastha Gas (IGL), Gail (India) were in focus on Tuesday, January 7, 2025. BPCL share price, today, rose 2 per cent (Rs 290.5 per share) in the morning trade as the company’s Board gave in-principle approval for the initial public offering (IPO) of Maharashtra Natural Gas Limited (MNGL).
Clarifying to the exchanges regarding "significant movement in the company’s stock price", BPCL informed the BSE and the NSE that there was no event / information reported in the mainstream media January 5th and 6th, 2025, including any impending announcement, which could have trigged the material price movement. READ MORE
10:47 AM
Stock Market LIVE Updates: Capital Infra Trust IPO invites bids: Analysts weigh on long-term prospects
Stock Market LIVE Updates: The initial public offering (IPO) of Capital Infra Trust InvIT opens for public subscription today, Tuesday, January 7, 2025. At the upper end, the company seeks to raise Rs 1,578 crore from the offering. The company has already raised Rs 710.10 crore from anchor investors in the bidding concluded on January 6, 2025.
Capital Infra Trust IPO is available at a price band of Rs 99-100 per share, and a lot size of 150 shares. Accordingly, investors can bid for a minimum of 150 shares and in multiples thereof. READ MORE
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First Published: Jan 07 2025 | 7:52 AM IST
