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

8:22 AM

Stock Market LIVE Updates: Indian bond-index inflows may fall short of estimate, says Morgan Stanley

Stock Market LIVE Updates: Indian bonds included last year in a key global benchmark will fail to draw as much money as previously estimated, according to Morgan Stanley.

Fully accessible route bonds — those offered to global investors without limits — will fall short of an initial $25 billion to $30 billion passive flow that was estimated to come in after their inclusion to the JPMorgan Government Bond Index-Emerging Markets, analysts Nimish M. Prabhune and Gek Teng Khoo wrote in a note. 

They cited pressure on the Indian rupee, rising US Treasury yields, a hawkish Federal Reserve stance and uncertainties around US trade policy as reasons for the shortfall. READ MORE

 

8:21 AM

Stock Market LIVE Updates: Outlook 2025: Govt capex, safeguard duty key to steel sector performance

Stock Market LIVE Updates: A surge in imports, lower exports, and weak prices reflected on the Indian steel industry in calendar year (CY) 2024. As the possibility of a safeguard duty gathers momentum, the big question facing the industry is, will 2025 be any better?

 

Prices of hot rolled coil, a benchmark for flat steel, are at a four-year low. Data from the price reporting and market intelligence firm BigMint shows that the price of HRC ex-Mumbai stood at Rs 46,600 per tonne as of January 3, 2025, with the lowest recorded price at Rs 46,400 per tonne as of December 20, 2024. READ MORE

 

8:20 AM

Stock Market LIVE Updates: Railways ministry spends 76% of FY25 capital expenditure by December

Stock Market LIVE Updates: The Ministry of Railways has spent 76 per cent of its allocated budgetary capital expenditure for 2024-25 (FY25) in the first nine months of the financial year, according to estimates from Indian Railways.

 

The ministry has spent Rs 1.91 trillion from gross budgetary support, Rs 824 crore from external resources, and Rs 8,733 crore from extra-budgetary resources (public-private partnership) on infrastructure creation. READ MORE

 

8:16 AM

Stock Market LIVE Updates: FinMin wants banks, NBFCs to join hands to fund large infra projects

Stock Market LIVE Updates: The finance ministry has suggested that banks and non-banking financial companies (NBFCs) increase their participation in financing large-scale infrastructure initiatives, which are crucial for India’s ambition to achieve developed nation (Viksit Bharat) status by 2047.

Speaking at an event organised by the India Infrastructure Finance Company (IIFCL), M Nagaraju, secretary of the Department of Financial Services in the finance ministry, said he had advised IIFCL, National Bank for Financing Infrastructure and Development, and banks to move away from secured assets and pursue new, larger infrastructure projects. READ MORE

 

8:14 AM

Stock Market LIVE Updates: Rupee falls to new low of 85.83 as dollar hovers near two-year high

Stock Market LIVE Updates: The rupee fell to a new low of Rs 85.83 per dollar on Monday as the US dollar hovered near a two-year high. State-owned banks sold dollars on behalf of the Reserve Bank of India (RBI) which avoided further depreciation.

The local currency settled at Rs 85.78 per dollar on Friday.
 

The Dollar index rose to 108.86. It measures the strength of the greenback against a basket of six major currencies. READ MORE

 

8:13 AM

Stock Market LIVE Updates: Jobs, growth, demand in focus as FinMin concludes pre-Budget talks

Stock Market LIVE Updates: As the finance ministry concluded nine rounds of pre-Budget consultations on Monday, steps to boost consumption and employment, tax concessions — for individuals and micro, small and medium enterprises (MSMEs) — along with wide ranging reforms were among the suggestions given by various stakeholders.

 

The Union Budget for FY26 assumes significance as it comes on the back of lower-than-expected growth numbers during the second quarter and geopolitical uncertainty. READ MORE

 

8:12 AM

Stock Market LIVE Updates: FPI selloff, HMPV scare drag markets to worst fall in three months

Stock Market LIVE Updates: Indian equity benchmarks on Monday plunged more than 1.5 per cent to post their worst single-day decline in three months amid continued foreign portfolio investor (FPI) selling and weak business updates from Indian lenders that raised concerns about corporate results in the December quarter.

 

What added to investor nervousness was the detection of five flu-like Human Metapneumovirus (HMPV) cases in Karnataka and Gujarat, even as the government has said there is no need to panic. READ MORE

 

8:09 AM

Stock Market LIVE Updates: Stocks to Watch, Jan 7, 2025 - Coal India, Mobikwik, Nuvoco Vistas, Airtel

Stock Market LIVE Updates: Results today:Mobikwik, GM Breweries, Krishna Ventures, Leel Electricals, UH Zaveri, VR Woodart, and others will announce their quarterly earnings on January 7. READ MORE

 

8:04 AM

Stock Market LIVE Updates: Market Today: FY25 GDP; Quadrant, Capital Infra IPOs; Indo Farm IPO listing

Stock Market LIVE Updates: As investors eye FY25 GDP advance estimates and development in Human Metapneumovirus (HMPV) cases, the persistent selling by foreign institutional investors (FIIs) remains a major overhang.

However, early signs indicate a positive opening for the markets. At 6:37 AM, GIFT Nifty futures were trading 51 points higher at 23,772, pointing to a higher start for the bourses. READ MORE

 

8:01 AM

Stock Market LIVE Updates: Asia-Pacific markets mostly higher

Stock Market LIVE Updates: Markets in the Asia-Pacific region were mostly higher on Tuesday, following a tech rally on Wall Street that saw the S&P500 and Nasdaq Composite post back-to-back gains.

Japan’s Nikkei 225 rebounded 2.37 per cent after yesterday's fall, while the broad-based Topix gained 1.27 per cent. South Korea’s Kospi advanced 1.02 per cent, and the small-cap Kosdaq rose 0.47 per cent. Australia’s S&P/ASX 200 was ahead by 0.27 per cent.

Hong Kong’s Hang Seng was lower by 0.48 per cent, while mainland China's CSI 300 was ahead by 0.34 per cent and the Shanghai Composite was lower by 0.12.

 

7:57 AM

Stock Market LIVE Updates: S&P 500, Nasdaq climb on tech rally and moderate tariffs under Trump administration

Stock Market LIVE Updates: US stocks rose while the US dollar index dropped on Monday after President-elect Donald Trump denied a newspaper report that his incoming administration would likely pursue a less-aggressive tariff policy than he previously threatened.

The benchmark S&P 500 index and the Nasdaq finished higher, led by gains in communication services, technology and materials equities. The Dow ended lower, dragged down by consumer staples stocks.

The Dow Jones Industrial Average fell 0.06 per cent to 42,706.56, the S&P 500 rose 0.55 per cent to 5,975.38 and the Nasdaq Composite rose 1.24 per cent to 19,864.98.

 

7:52 AM

Stock Market LIVE Updates: Good morning readers! Track the latest live market updates here