Sensex Today | Share Market Live Updates: Benchmark share indices opened higher on Tuesday tracking global markets. Nifty reclaimed the 21,000 level hit earlier on Monday. They turned flat in trade on caution ahead of crucial CPI and IIP data later today. Asian stock markets saw an uptick in anticipation of important economic data from the US and upcoming meetings from major central banks, which may shed light on potential rate cuts next year. Key indices in Japan, South Korea, and Australia followed a positive trend in the US, where stocks have risen for three consecutive days. The S&P 500 remained over 4,600, with notable performance in the Nasdaq 100, particularly among chipmakers.
On Wall Street, stocks closed with modest gains on Monday ahead of the Federal Reserve\’s final meeting of the year. The S&P 500 increased by 0.4%, reaching its highest point in 20 months. The Dow Jones Industrial Average rose 0.4%, and the Nasdaq composite edged up 0.2%.
Attention this week is largely focused on upcoming consumer and wholesale inflation, as well as the Federal Reserve\’s latest stance on interest rate policy. Tuesday is set for the release of India\’s retail inflation and factory production data. CPI-based inflation has likely risen from 4.9% in October to 5.8% in November, according to a Mint poll of 23 economists.
Sensex Today Live: SJ Logistics IPO day 1: Issue fully booked, GMP jumps
The IPO for SJ Logistics opened for subscriptions on Tuesday, and is set to conclude on Thursday. The price range for the IPO has been set between ₹121 and ₹125 per share. The share allocation process for anchor investors is planned for Monday.
Sensex Today Live: Nifty Metal shines with Jindal Steel, Hindalco leading the pack
Nifty Metal jumped 1% in a lacklustre market with Jindal Steel, Hindalco leading the pack, rising 2-3%.
Sensex Today Live: Adani contractor probed by India resurfaces under a new name: Bloomberg
The contracting firm — Howe Engineering Projects (India) Pvt Ltd. — contains the core operations of a business called PMC Projects that India’s government alleged in 2014 was being used by billionaire Gautam Adani’s empire to siphon money overseas. Adani denied all wrongdoing and the probe’s findings were dismissed in 2017 by an adjudicating body. (Bloomberg)
Sensex Today Live: Yes Bank jumps over 7% on reports lender has invited bids for sale of NPAs
YES Bank shares jumped over 7% amid reports that the lender has invited expressions of interest for the sale of NPAs worth ₹4,234 crore
Sensex Today at Noon: Markets move in a range ahead of CPI, IIP data; Ultratech, ITC top gainers
Benchmark indices move in a narrow range ahead of CPI, IIP data. Ultratech, ITC were the top gainers while Titan and Sun Pharma lagged
Sensex Today Live: Reliance, Disney working on terms to merge media operations in India: Report
Mukesh Ambani\’s Reliance Industries is in talks with Walt Disney Co to merge their Indian media operations, according to a report by The Economic Times.
Sensex Today Live: Hindalco shares hit 52-week as co plans ₹800 crore investment in Odisha
Hindalco Industries will set up a new battery foil manufacturing facility with an investment of ₹800 crore in Odisha. The manufacturing unit will be commissioned by 2025, said the aluminium rolling and recycling company in its stock filing.
Sensex Today Live: IREDA hits all-time high, up 218% from its issue price
IREDA gained 20% to hit an all-time high, rising 218% from the ₹32 IPO price in just nine sessions. IREDA shares has continued to rise since listing, breaking through the ₹100 barrier on Tuesday and reaching an all-time high of ₹102.02 per share on the BSE. IREDA share price opened at ₹93.31 apiece on BSE today.
Sensex Today Live: Jammu & Kashmir Bank hits new 52-week high post-QIP launch
The lender has launched a qualified institutional placement to raise ₹750 crore in capital. The board had determined a floor price of ₹112.66 per share.
Sensex Today Live: BSE indices flat, BSE Bankex in the red
Popular indices on the BSE were flat in volatile trade. BSE Bankex was in the red while Midcap made some gains.
Sensex Today Live: Mankind Pharma slips 3% on reports of stake sale via block deals
Mankind Pharma slips 3% on reports that three private equity firms planned to sell 5-6% stake through block deals
Sensex Today Live: Crude oil price rises ahead of interest rate decisions
Oil prices saw a modest rise on Tuesday, with investors exercising caution in anticipation of upcoming interest rate decisions and inflation data releases. However, the increase was tempered by worries about a potential surplus in supply and a deceleration in demand growth.
Brent crude futures for February delivery saw a 0.3% increase, and U.S. West Texas Intermediate (WTI) crude futures for January advanced 0.4%, to reach $71.58 per barrel.
Sensex Today Live: Infosys declines over 1%; company CFO resigns in a surprise move
India\’s second-largest IT services company said Nilanjan Roy, its chief financial officer has tendered his resignation. Jayesh Sanghrajka, a member within the company, will be taking over the role.
Sensex Today Live: BLS International Services at 52-week high on contract win
The company has been awarded the contract to manage consular, passport, and visa services for the High Commission of India in Canada. This agreement includes overseeing these services at the HCI located in Ottawa, as well as at the Consulate Generals of India in Toronto and Vancouver.
Sensex Today Live: Sterling and Wilson Renewable Energy hits 5% upper circuit following the launch of QIP issue
The company announced the launch of a qualified institutional placement (QIP) issue on Monday. The company\’s Securities Issuance Committee has set the floor price for the QIP at ₹365.02 per share.
Sensex Today Live: Dixon Technologies jumps 5% on order from Lenovo to make hardware for laptops and notebooks
The electronics manufacturing company\’s fully-owned subsidiary, Padget Electronics has secured a manufacturing deal with global tech leader Lenovo to manufacture a range of IT hardware, particularly focusing on laptops and notebooks.
Sensex Today Live: Indian rupee rises 1 paisa to 83.36 against US dollar in early trade
The rupee slipped to 83.40 on Monday, very close to its lifetime low of 83.42, prompting the Reserve Bank of India (RBI) to sell dollars, according to traders.
Sensex Today Live: Sensex gains nearly 100 points led by Tata Steel, ITC, JSW Steel; L&T and Infosys lose
At 0920 am, the Sensex was at 70,004.54, up 76 points. While Tata Steel, ITC, JSW Steel were the biggest gainers, L&T, Infosys and Bharti AIrtel lagged the most
Sensex Today Live: Nifty reclaims 21,000 in early trade; smallcaps, midcaps shine
Nifty 50 index rose around 0.16% to a record high of 21,031.50 points with small and midcap stocks maintaining their gaining streak.
12 Dec 2023, 09:15:53 AM IST
Sensex Today Live: Sensex, Nifty open higher
Sensex Today Live: Indices flat at pre-opening session; Infosys, Sun Pharma in focus
The Sensex was down 50 points at 69,878.34, and the Nifty was down 0.14% at 20,967.30.
Sensex Today Live: Motisons Jewellers sets IPO price band at ₹52-55 per share
Motisons Jewellers IPO price band has been set in the range of ₹52 to ₹55 per share of the face value of ₹10. The IPO date of subscription is scheduled for 18 December and will close on 20 December. The allocation to anchor investors for is scheduled to take place on 15 December.
Sensex Today Live: India retail inflation likely at 5.8% in November
India’s retail inflation could rise from 4.9% in October to 5.8% in November, according to a Mint poll of 23 economists. The increase could be due to higher prices of vegetables and cereals, signalling a departure from the previous three months of easing. Official data is set to be released at 5.30 pm on Tuesday.
Sensex Today Live: Vaishali Parekh, vice president — technical research, Prabhudas Lilladher on market outlook
\”Nifty witnessed another session of consolidation near the 21,000 zone overall taking a breather with bias and sentiment maintained positive with near-term support as of now positioned near 20,850 zone. Again we maintain our view, as mentioned earlier, a decisive breach above 21,000 levels is required to maintain the uptrend and expect for next higher targets of 21,800 to 21,900 levels in the coming days with major support lying near 20,550 zone of the rising trendline level.\”
Stocks to buy today: Marico: Buy at ₹540.65, target ₹562, stop loss ₹530; Godrej Consumer Products: Buy at ₹1043, target ₹1080, stop loss ₹1025; and Cummins India: Buy at ₹2001, target ₹2080, stop loss ₹1975.
Sensex Today Live: KKR, OTPP, Care, others look to buy into Aster India biz
Private equity firm KKR & Co., Canadian pension fund Ontario Teachers’ Pension Plan and Blackstone-backed Care Hospitals have submitted non-binding term sheets to acquire a stake in the Indian business of Aster DM Healthcare Ltd, two people aware of the matter told Mint. (Read more)
Sensex Today Live: Kalyani firm calls on Sebi to punish Hikal official
The conflict between Bharat Forge Ltd’s promoter Baba N. Kalyani and sister Sugandha Hiremath has escalated with a Kalyani group company requesting market regulator Sebi to order the removal of the compliance officer of Hikal Ltd, a speciality chemicals company jointly owned by the Kalyanis and the Hiremaths. It has also called for action against Hikal’s audit committee. (Read more)
Sensex Today Live: Infosys, Sun Pharma, DLF, Dixon Tech, RVNL are some stocks to watch today
Infosys, Sun Pharma, DLF, Dixon Technologies, RVNL, REC, BLS International are some of the stocks in focus on Tuesday.
Sensex Today Live: Markets hit new highs on Monday; HDFC Bank, RIL, L&T, Infosys top 5 contributors
Driven by foreign institutional inflows, the Sensex hit the 70,000-mark for the first time on Monday, with 70% of its last 10,000-point sprint taking just 31 days. The feat, reflecting the bullish momentum in the markets, was achieved a session after the Nifty 50 tested the 21,000-mark.
Both the Sensex and the Nifty closed a tad off their intraday highs, gaining over one-tenth of a per cent each at 69,928.53 and 20,997.10. Foreign portfolio investors (FPIs) purchased shares worth a provisional ₹1,261.13 crore on Monday, while domestic institutional investors (DIIs) sold a net ₹1,032.92 crore.
Sensex Today Live: Asian stocks climb tracking US markets ahead of key economic data, central bank meetings
Key indices in Japan, South Korea, and Australia witnessed gains, with Hong Kong\’s futures also indicating a strong opening on Tuesday. This follows a positive trend in the US, where stocks have risen for three consecutive days. The S&P 500 remained over 4,600, with notable performance in the Nasdaq 100, particularly among chipmakers.
On Wall Street, stocks closed with gains on Monday ahead of the Federal Reserve\’s final meeting of the year. The S&P 500 increased by 0.4%, reaching its highest point in 20 months. Similarly, the Dow Jones Industrial Average rose by 0.4%, and the Nasdaq composite edged up by 0.2%.
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