Stock Market Highlights | Share Market Highlights - Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 20 August 2024.
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- August 20, 2024 16:22
Stock Market Live Today: Sensex, Nifty surge on financial sector rally; SBI Life leads gains
The Indian stock market closed on a positive note Tuesday, with both benchmark indices registering significant gains driven by a strong performance in the banking and financial sectors.
The BSE Sensex climbed 378.18 points, or 0.47 per cent, to close at 80,802.86, while the Nifty 50 advanced 126.20 points, or 0.51 per cent, to end at 24,698.85.
Market breadth was positive, with 2,375 stocks advancing compared to 1,557 declines on the BSE. 104 stocks remained unchanged. The market saw 291 stocks hitting 52-week highs, while 21 touched 52-week lows. 393 stocks reached the upper circuit limit, and 192 hit the lower circuit.
The broader market also showed strength, with 4,036 stocks traded during the session. The positive sentiment was further reflected in the number of stocks reaching new highs, significantly outnumbering those hitting lows.
- August 20, 2024 16:04
Currency Market Live Today: Rupee rises 8 paise to 83.79 against US dollar
The Indian rupee stayed firm for the second straight session and settled 8 paise higher at 83.79 (provisional) against the US dollar on Tuesday, buoyed by positive domestic equity markets, weak American currency and lower crude oil prices.
Forex traders said, foreign fund outflow, however, resisted a sharp rise in the local unit.
At the interbank foreign exchange, the rupee opened at 83.86 against the greenback and traded in the range of 83.76 to 83.88. The unit finally settled at 83.79 (provisional) against the dollar, registering a gain of 8 paise from its previous closing level.
- August 20, 2024 15:38
Stock Market Live Today: Top losers on the NSE
Bharti Airtel (-1.41%), ONGC (-1.40%), Apollo Hospital (-1.11%), Adani Enterprises (-1.02%), Cipla (-0.80%)
- August 20, 2024 15:37
Stock Market Live Today: Top gainers on the NSE
SBI Life (5.48%), HDFC Life (3.48%), Bajaj Finserv (3.41%), IndusInd (2.55%), Shriram Finance (2.39%)
- August 20, 2024 15:37
Stock Market Live today: Closing Bell
BSE Sensex closed 378.18 pts or 0.47% higher at 80,802.86, and Nifty 50 ended at 24,698.85, up by 126.20 pts or 0.51%.
- August 20, 2024 15:36
Commodities Market Live Today: Zinc futures
Zinc futures on the Multi Commodity Exchange (MCX) found support at ₹245 and started to rally a couple of weeks back. It surpassed the resistance at ₹255 last week. The August futures closed at ₹264 on Monday.
The price action is positive and the probability of the rally extending is high. While the nearest resistance is at ₹272, a breakout of this can lift the contract to ₹280-285 over the next few weeks.
- August 20, 2024 15:31
Stock Market Live Today: Disha Resources has re-appointed Krishna Awtar kabra as Managing Director of the Company for 3 years w.e.f. August 14, 2025
- August 20, 2024 15:31
Stock Market Live Today: Ministry of Road Transport and Highways declares H.G. Infra Engineering Limited as L-I bidder, shares trade flat
H.G. Infra Engineering Limited has been declared as L-l bidder by the Ministry of Road Transport and Highways, for upgradation of existing 6 Lane road including elevated corridor of NH 47 (Narol Junction to Sarkhej Junction) in the State of Gujrat on Hybrid Annuity Mode at a bid project cost of ₹781.11 crore.
Shares trade flat on the NSE at ₹1,576.
- August 20, 2024 15:28
Stock Market Live Today: Wanbury Limited has appointed Pradeep Patni as the Chief Executive Officer (CEO) of its India Formulation Business
- August 20, 2024 15:27
Stock Market Live Today: Top losers on the NSE
ONGC (-1.52%), Bharti Airtel (-1.41%), Adani Enterprises (-0.98%), Apollo Hospital (-0.84%), Cipla (-0.81%)
- August 20, 2024 15:26
Stock Market Live Today: Top gainers on the NSE
SBI Life (5.15%), HDFC Life (3.73%), Bajaj Finserv (3.30%), Shriram Finance (3.01%), IndusInd (2.44%)
- August 20, 2024 15:25
Stock Market Live Today: Market Overview
Stocks advanced on BSE at 3 pm on August 20, 2024, were 2,295 against 1,599 stocks that declined; 117 stocks remain unchanged. Total stocks traded were 4,011. The number of stocks that recorded a 52-week high was 278, and those that hit a 52-week low was 21.
In addition, 355 stocks traded in upper circuit and 186 stocks hit the lower circuit.
- August 20, 2024 15:24
Stock Market Live Today: BSE Sensex traded at 80,882.83, higher by 458.15 pts or 0.57% as at 2.55 pm, and Nifty 50 traded at 24,720.45, up 147.80 pts or 0.6%
- August 20, 2024 14:40
Stock Market Live Today: TTK Prestige announces ₹200 crore buyback at ₹1,200 per share
TTK Prestige has announced buyback of over 16 lakh shares at ₹1,200 per share, aggregating to ₹200 crore. The issue opens on Aug 21, 2024, and closes on Aug 27, 2024.
Stock trades flat on the NSE at ₹950.90
- August 20, 2024 14:15
Stock Market Live Today: Tech Mahindra sells Hyderabad property to Mahindra University for ₹535 crore
Tech Mahindra to sell land admeasuring approx. 103 acres and buildings admeasuring built-up area of approx. 1,261,149 sq. ft situated at Bahadurpally village, Dundigal Gandimaisamma mandal, Hyderabad, Telangana, to Mahindra University, for ₹535 crore.
Tech Mahindra stock rises 2.42% on the NSE, trading at ₹1,633.20.
- August 20, 2024 14:07
Stock Market Live Today: CG Power acquires 55% of G.G. Tronics; stock rises 3.38%
CG Power and Industrial Solutions Limited has acquired 55% stake in G.G. Tronics India Private Limited.
CG Power stock surges 3.38% on the NSE, trading at ₹734.55.
- August 20, 2024 13:33
Stock market live today: DroneAcharya partners with SISIR Radar, becomes exclusive reseller for Southeast Asian and African Regions
DroneAcharya Aerial Innovations Limited has announced partnership with SISIR Radar through the signing of a Memorandum of Understanding (MoU). As part of this agreement, DroneAcharya has become the exclusive reseller of SISIR Radar products in the Southeast Asian and African regions.
DroneAcharya Aerial Innovations shares rise 2.78% to trade at ₹133 on the BSE
- August 20, 2024 13:30
Stock market live today: Religare Finvest gets demand notice for FY20 from GST Authority in Chandigarh
Religare Finvest Limited (RFL), a wholly owned subsidiary of Religare Enterprises, has received a demand Notice for the FY 2019-20 (details mentioned in Annexure-1), passed by Goods and Service Tax Authority in the state of Chandigarh, levying the penalty aggregating to ₹219,14.
The Penalty has been levied in accordance with Section 73 of the CGST Act, 2017 by the GST department of Chandigarh.
- August 20, 2024 13:29
Breaking news: Centre asks UPSC to cancel latest advertisement for lateral entry in bureaucracy.
- August 20, 2024 13:27
Stock in focus: Granules India gets ANDA nod for Glycopyrrolate oral solution, stock rises by 1.68% on NSE
Granules India Limited receives ANDA approval for Glycopyrrolate Oral Solution
Stock rises 1.68% on the NSE, trading at ₹674.75
- August 20, 2024 13:27
Stock market live updates: Marksans Pharma gets “Voluntary Action Indicated” classification from USFDA following Goa facility inspection
Marksans Pharma informed that the USFDA has issued an Establishment Inspection Report following the inspection at the Goa manufacturing facility. USFDA has determined that the inspection classification of this facility is “Voluntary Action Indicated” (VAI).
Stock trades flat at ₹221.05 on the NSE.
- August 20, 2024 13:24
Stock market live today: Aayush Wellness makes debut in nutraceutical market with launch of dreamy sleep gummies
Aayush Wellness Limited announced its debut in the $23.8 billion rapidly growing nutraceutical market with the launch of its premium offering Dreamy Sleep Gummies.
- August 20, 2024 13:22
Stock market live today: Zydus Healthcare faces demand order-in-original for excess input tax credit claim
Zydus Healthcare Limited, a wholly owned subsidiary of Zydus Lifesciences, has received a Demand Order-In-Original for the financial year 2019-20 on the issue pertaining to excess claim of Input Tax Credit (“ITC”), totalling ₹2.50 million.
Zydus Lifesciences stock trades flat at ₹1,185.05 on the NSE.
- August 20, 2024 13:20
Stock market live today: Top gainers of Nifty PSU Bank stocks
Union Bank of India (3.58%), Bank of Baroda (2.55%), Indian Bank (2.11%), Bank of India (1.88%)
- August 20, 2024 13:19
Commodities market updates: Gold futures slip on low demand
Gold prices on Tuesday marginally declined Re 1 to Rs 71,583 per 10 grams in futures trade amid weak global cues.
On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Re 1 to Rs 71,583 per 10 grams in a business turnover of 17,375 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold prices went up by 0.05 per cent to USD 2,542.50 per ounce in New York. - PTI
- August 20, 2024 13:14
Stock market live today: India, Malaysia ink pact on recruitment, employment, repatriation of workers after talks between PM Modi and his Malaysian counterpart.
- August 20, 2024 13:04
Stock market live today: Central Government extends Asheesh Pandey’s term as Bank of Maharashtra executive director
Central Government has extended the term of office of Asheesh Pandey, Executive Director of Bank of Maharashtra beyond his current notified term which expires on December 30, 2024, for a period of two years, or until further orders, whichever is earlier.
- August 20, 2024 13:04
Stock market live today: Nifty bank, private bank and PSU bank indices trade over 1%.
- August 20, 2024 12:49
Stock market live today: Satyadeep Mishra joins R Systems as CHRO
- August 20, 2024 12:22
Stock market live today: Optiemus Electronics forays into telecom equipment manufacturing; stock surges nearly 4% Stock surges 3.85% on the NSE, trading at ₹525.35.
Optiemus Electronics has forayed into telecom equipment manufacturing.
Stock surges 3.85% on the NSE, trading at ₹525.35.
- August 20, 2024 12:22
Stock market live today: Geojit’s PMS arm launches BEACON Fund
Geojit Financial Services Ltd. announced the launch of its Flexi cap portfolio, the BEACON Fund, designed to guide investors through the complex waters of the Indian equity markets.
- August 20, 2024 12:13
Stock market live today: CEAT gets GST demand notice; stock trades flat at ₹2,705.85 on NSE
CEAT has received GST demand along with interest and penalty from the Superintendent CGST Range, Motphran, Shillong Division – I, Shillong, Meghalaya, for the Financial Year 2017- 18, disallowing Input Tax Credit of Rs. 0.13 Lakhs on account of ineligible credit in TRAN-1 and confirmed the tax demand along with applicable interest and penalty of Rs. 0.13 Lakhs, each.
Stock trades flat on the NSE at ₹2,705.85
- August 20, 2024 12:13
Nifty today: Top gainers, losers at noon trade
Top gainers on the NSE as at 12 noon:
SBI Life (3.07%), IndusInd (2.89%), HDFC Life (2.82%), Bajaj Finserv (2.57%), Shriram Finance (2.43%)
Top losers:
ONGC (-1.55%), Bharti Airtel (-1.02%), Adani Enterprises (-0.98%), Cipla (-0.91%), Tata Consumer Products (-0.75%)
- August 20, 2024 12:05
Sensex today: Advance, decline ratio at noon trade
Stocks advanced on BSE at 12 noon on August 20, 2024, were 2,187 against 1,581 stocks that declined; 128 stocks remain unchanged. Total stocks traded were 3,896. The number of stocks that recorded a 52-week high was 251, and those that hit a 52-week low was 18.
In addition, 295 stocks traded in upper circuit and 172 stocks hit the lower circuit.
- August 20, 2024 11:58
Stock market live today: Godfrey Phillips faces tax demand and penalties
Godfrey Phillips has received an Order from Office of the Commissioner, Central GST (Appeals), Delhi, confirming demand of interest (amount to be ascertained) and penalty of Rs. 21,94,517/- under the Central Goods and Services Tax Act, 2017 (CGST).
Godfrey Phillips stock jumps 6.04% on the NSE, trading at ₹5,555
- August 20, 2024 11:54
Stock market live today: Sundaram Clayton faces tax demand and penalties
Sundaram Clayton has received an Order passed by Joint Commissioner (ST) of Commercial Tax Department, Chennai, under relevant provisions of the Central Goods and Services Tax Act, 2017 for the financial year 2019-20 raised a demand amounting to Rs. 53,038/-; interest of Rs. 41,850/- and imposed a penalty of Rs. 5,304.
Stock declined 1.27% on the NSE, trading at ₹1,674.
- August 20, 2024 11:53
Stock market live today: Supreme Power Equipment: ORDER
Company has received a work order worth INR 3.4 Cr for refurbishment of existing power and distribution transformers owned by Seshasayee Paper and Boards Limited. The project will involve the replacement of old parts with new, high-performance components designed and manufactured by Supreme Power Equipment Limited. The contract encompasses the complete design, manufacture, fitting, and testing of the new parts. Company is committed to delivering the project within the stipulated timeframe of three to four months, ensuring minimal disruption to the operations of Seshasayee Paper and Boards Limited.
- August 20, 2024 11:53
Stock market live today: Ethos: BULK DEAL
Bandhan Mutual Fund bought 1.6L shares at INR 3,346/shares, aggregating to INR 53.5 Cr.
- August 20, 2024 11:52
Stock market live today: Hi-Tech Pipes: ORDER & FUND RAISE
Company has received a work order worth INR 105 Cr for supplying ERW Steel Pipes, from key customers in the renewable energy sector. The orders will be executed from New state-of-the-art manufacturing facility located in Sanand Unit II Phase I, over the next three months.
Board has approved the raising of funds for an amount not exceeding INR 600 Cr.
- August 20, 2024 11:52
Stock market live today: E2E Networks: FUND RAISE
BoD considered and approved the issuance of 24.8L equity shares at INR 1,695/share aggregating to INR 420 Cr. Subscribers include Promoter, Promoter Group, Ashish Kacholia, RBA Finance and Investment Company, NAV Capital VCC.
- August 20, 2024 11:48
Stock market live today: AXISCADES arm Epcogen secures long-term contract with Highview Power; AXISCADES stock jumps 4.50% to ₹567
AXISCADES Technologies Ltd has announced that its subsidiary, Epcogen, has been awarded a long-term contract by Highview Power Limited, a British energy storage technology producer.
AXISCADES stock surges 4.50% to trade at ₹567 on the NSE.
- August 20, 2024 11:47
Stock market live today: Interarch Building Products IPO oversubscribed 5.23 times
Interarch Building Products IPO has been subscribed 5.23 times as of 11.30 am on August 20, 2024. The QIB has been subscribed 0.27 times, NII 13.59 times, retail 4.30 times, and those reserved for employees 6.94 times. The issue closes on August 21.
- August 20, 2024 11:31
Stock market live today: Zydus Healthcare gets demand order for ITC issue
Zydus Healthcare Limited, a wholly owned subsidiary of Zydus Lifesciences, has received a Demand Order-In-Original for the financial year 2019-20 on the issue pertaining to Input Tax Credit (penalty imposed and interest levied totalling ₹0.76 million.)
- August 20, 2024 11:30
Stock in Focus: Mangalam Drugs expands anti-malaria portfolio with WHO-approved Pyronaridine, stock jumps 6.65% on NSE
Mangalam Drugs And Organics is expanding its anti-malaria APl portfolio with the introduction of Pyronaridine, having recently received pre-qualification from WHO Geneva.
Stock jumps 6.65% on the NSE, trading at₹121.55.
- August 20, 2024 11:29
Stocks in Focus: Murugappa Group stocks outlook on the NSE
Cholamandalam Investment & Finance Company (+1.82%)
Shanthi Gears (+1.22%)
Tube Investments of India (+0.56%)
Cholamandalam Financial Holdings (-0.11%)
Carborundum Universal (-0.39%)
EID Parry (India) (-0.73%)
Coromandel International (-1.27%)
- August 20, 2024 11:29
Stock market live updates: Panacea Biotec faces ₹5.74 crore GST demand, stock trades flat at ₹182.64 on NSE
Panacea Biotec has received a Demand Order dated August 19, 2024 from the Office of the Assistant Commissioner of State Tax, GST Bhawan, Mazgaon, Mumbai, raising a demand of ₹5,74,53,146/- towards balance amount of GST.
Stock trades flat at ₹182.64 on the NSE.
- August 20, 2024 11:28
Stock market live today: Greaves Finance announces partnership with River Mobility for electric scooters, Greaves Cotton shares rise 1.26% on NSE
Greaves Finance Limited, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd., under its 100% ev-focused lending platform evfin, announced its partnership with River Mobility Private Ltd., a Bengaluru-based startup building stylish, multi-utility electric scooters.
Greaves Cotton shares rose 1.26% on the NSE, trading at ₹170.
- August 20, 2024 11:27
Stock market live today: TCS launches Pace Studio in Stockholm, stock trades flat
Tata Consultancy Services has launched the latest TCS Pace Studio in Stockholm, Sweden, to offer its customers in the Nordic region exclusive access to its innovation ecosystem.
TCS stock trades flat at ₹4,517.40 on the NSE.
- August 20, 2024 11:12
IPO Watch: Saraswati Saree Depot shares jump 25% in debut trade
Shares of Saraswati Saree Depot Ltd on Tuesday listed at a premium of 25 per cent against the issue price of Rs 160.
The stock made its debut at Rs 200, registering a jump of 25 per cent from the issue price on the BSE. It later zoomed 31.21 per cent to Rs 209.95.
At the NSE, shares of of the firm listed at Rs 194, up 21.25 per cent.
The company’s market valuation stood at Rs 831.40 crore.
The initial public offer of Saraswati Saree Depot, a key player in the saree wholesale segment, got subscribed a whopping 107.39 times on the last day of subscription on Wednesday. - PTI
- August 20, 2024 11:06
Sensex today: Top gainers, losers at 11 a.m.
Top gainers on the BSE as at 11 am:
Allcargo (8.96%), IOL Chemicals (8.95%), Netweb (8.87%), GHCL (8.47%), Vijaya Diagnostics (7.76%)
Top losers:
Gravita (-9.48%), Mazagon Dock (-7.38%), GRSE (-6.37%), Caplin Point (-4.38%), Vmart (-3.50%)
- August 20, 2024 11:00
Stock Market Live Today: Macquarie adds TCS to Marquee list; stock hits 52-week high
Macquarie has added TCS to its Marquee idea list and has maintained outperform rating on the stock.
Stock is up 1.20% on the NSE, trading at ₹4,544. It has also hit a 52-week high on the NSE today at ₹4,565.
- August 20, 2024 11:00
Stock Market Live Today: Power Grid Corp acquired Rajasthan IV E for ₹18.54 crore; stock at ₹341.20
Power Grid Corporation of India had acquired a project special purpose vehicle (SPV) Rajasthan IV E Power Transmission Ltd for an aggregate value of about ₹18.54 crore.
Stock trades flat at ₹341.20 on the NSE.
- August 20, 2024 10:39
Stock Market Live Today: Top gainers of Nifty IT stocks
Persistent Systems (1.94%), LTTS (1.63%), Coforge (1.62%), Mphasis (1.42%), Wipro (1.27%), LTIMindtree (1.27%)
- August 20, 2024 10:32
Stock Market Live Today: Sensex up 424 pts, Nifty gains 133 pts at 10:25 am
BSE Sensex surged 424.5 pts or 0.53% to trade at 80,849.18 as at 10.25 am, Nifty 50 rose 132.65 pts or 0.54% to trade at 24,705.30.
- August 20, 2024 10:24
Stock market live today: Nifty prediction today – Aug 19, 2024: Outlook for the index is bullish
Nifty 50 opened today’s session with a gap-up at 24,636 versus Friday’s close of 24,541. The index moderated a bit and is currently hovering around 24,580, up 0.1 per cent.
The advance/decline ratio stands at 34/16, giving the domestic benchmark index a positive bias.
All mid- and small-cap indices are in the green. Among the sectors, barring Nifty Auto, down about 0.2 per cent, is the only index that is down at the end of the initial hour of trades
- August 20, 2024 10:09
Stock market live today: Saji John, Senior Research analyst, Geojit Financial Services on Ola
“While the long-term potential of Ola Electric, especially given the EV market’s favorable outlook, might be appealing, the current valuation appears to be quite speculative. Investors should be cautious, especially given the company’s ongoing losses and the high volatility in its stock price. For new investors, it may be wise to wait for a more stable entry point or consider the stock as a long-term play with a high risk-reward ratio. Meanwhile, at their annual ‘Sankalp’ event, the company introduced four new motorcycles across various price ranges. While motorcycles dominate the broader two-wheeler market in India, their share in the EV segment is currently just 1%, offering significant growth potential for the company. The launch is expected to positively impact as the company benefits from a first-mover advantage in the electric motorcycle segment. and the potential for increased market penetration, Ola is likely to see enhanced revenue visibility over the long term. This strategic move could further strengthen its position in the EV market, contributing to sustained growth in its share price.”
- August 20, 2024 10:05
Stock market live updates: Ola Electric Mobility stock declines nearly 2% after hitting fresh high above ₹155 mark
- August 20, 2024 09:58
Stock market live today: Merger Update-Record Date Announced
Tata Motors Ltd (Transferee Company)
Symbol : TATAMOTORS
Stock Price : 1,091
Tata Motors Ltd - DVR (Transferor Company)
Symbol : TATAMTRDVR
Stock Price : 751
Last date of trading of Tata Motors Ltd : 30-Aug-2024
Record Date: 01-Sep-2024
Ratio : 7:10 (For every 10 shares held in Tata Motors Ltd - DVR, 7 shares of Tata Motors Ltd will be given).
- August 20, 2024 09:57
Stock market live today: Bonus Issue Dates
Sprayking Ltd
Bonus issue 1:1
Previous day Closing Price – Rs. 41.84
Ex Bonus 21 Aug 2024 (Tomorrow)
Last date Trade for Before Bonus Today
- August 20, 2024 09:56
Stock market live today: Stock recommendations: MS on Titagarh Rail
Overweight Call, Target Rs 1,337
Indian Railways Plans To Procure 90,000 Wagons By CY25
Co’s Capacity Enhancement (Freight + Passenger) Would Help Leverage Opportunities
Focus On Backward Integration: Forged Wheels And Sub-Components For Coaches
Adding Capabilities On Propulsion Manufacturing, To Target Exports As Well
- August 20, 2024 09:56
Stock market live today: Stock recommendations: Macquarie on TCS
O-P, TP raised to Rs 5740
Adding to Marquee idea list
R&D investments 1-1.2% of rev, but now over $300m/yr
Around 600-700 patents filed annually, 3.9K+ patents granted (cumulative)
See potential for pickup in demand from a wave of legacy modernisation programs
- August 20, 2024 09:56
Stock market live today: Stock recommendations: MS on HCLTech
Overweight Call, Target Rs 1,705
Co Appoints Shiv Walia As New CFO Of The Co
Shiv Walia Has Been With Co Since Apr’98 & Has Over 3 Decades Of Experience
Co Has Generally Seen Relatively Low Attrition At Senior Management Level In Past
Departure Of Current CFO Comes As A Negative Surprise Considering Long & Successful Tenure At Co
Think Such An Internal Appointment Should Help Make Transition Smooth
Such An Internal Appointment Shouldn’t Become An Area Of Concern For Investors
- August 20, 2024 09:56
Stock market live today: Stock recommendations: Nomura on IndusInd Bank
Neutral Call, Target Rs 1,580
Co Receives RBI Approval To Set Up AMC Subsidiary
Co Can Now Generate Revenue As A ‘Manufacturer’ Of Mutual Funds
Scale Co Can Attain Will Be Key To Watch
- August 20, 2024 09:55
Stock market live today: Stock recommendations: Citi on BPCL
Buy Call, Target Rs 380
3 OMCs Have Outperformed Broader Markets YTD By 17-37%
Most Of The Outperformance Was Concentrated At Start Of 2024
Last 6 Months Underperformance At -9% To -21%
Underperformance Reasons Have Been Myriad
Underperformance Is Due To Soft GRMs, Weak Marketting Margin Post Fuel Price Cut
Believe All These Factors Resulting To Underperformance Till Now Are Now Reversing
- August 20, 2024 09:55
Stock market live today: Stock recommendations: Citi on M&M
Buy Call, Target Cut To Rs 3,180 From Rs 3,340
A Tougher Terrain Ahead For SUVs; Tractors Treading Well
If FY24 Was ‘Yr Of SUVs For Co, FY25 Is Expected To See Better Momentum In Tractor Segment
SUV Demand For Co Has Moderated Vs Earlier Expectations Even As Co Has Expanded Capacity
Cut Volume Estimates For Co’s SUV Segment, Resulting In Slight Cuts In Earnings Estimates
View On Tractors Remains Positive
YTD Volume Growth Is 6% (Including Exports)
In The Domestic Market, Co Has Gained Market Share
- August 20, 2024 09:55
Stock market live today: Stock recommendations: UBS on Polycab
Initiate Buy Call, Target Rs 8,550
Co Is Cyclical Growth Champion; Beneficiary Long-term Electrification Growth
Growth-levered Business Model, Highest Investment Among Peers
Significant Room To Grow TAM Revenue Share; FMEG Consumer Pull Is Key
Better-than-expected Domestic Volume Growth Is Key Near-term Trigger
Domestic Market Share Gains & An Export Ramp-up Are Key Near-term Triggers
- August 20, 2024 09:55
Stock market live today: Stock recommendations: UBS On KEI Ind
Initiate Buy Call, Target Rs 6,150
Co Only Pure Play On Cable & Wires & Consistent Earnings Compounder
KEI Offers Multiple Triggers Including Growth For C&W To Sustain For A Longer Period
Co Has Scope For Market Share Gains In Branded Housing Wires And Cables
Co Has Optionality To Enter Adjacent Electrical Segment (Switches & Switchgears)
Co Increased Capex In FY24 To Rs 400 Cr (4x The FY18-23 Average)
Expect Capex To Be `700 Cr Annually In FY25-27
Capex To Drive Topline And EBITDA CAGRs Of 22% And 31%, Respectively
- August 20, 2024 09:55
Stock market live today: Stock recommendations: UBS on Cable & Wire Cos
Expect:
1) current $8bn segment to be worth $20bn in FY30E & market share of top 5 cos to rise
2) Export revenue to rise from $2bn in FY24 to US$5bn in FY30E, or a 17% CAGR
3) Rev/EBITDA CAGRs to rise 20%/25% in FY24-28E
Best play on electrification
Initiate Buy on KEI Ind, TP Rs 6150
Initiate Buy on Polycab, TP Rs
Segment poised to grow at 2x GDP growth in FY24-FY30E
- August 20, 2024 09:53
Stock market live today: ZOMATO: RS 4985 CR BLOCK TRADE; FOR 19.26 CR SHARES, AT TWO PRICES RS 257.7 AND 259.75 (AFTER OPENING)
- August 20, 2024 09:53
Stock market live today: Fund Houses Recommendations
UBS on Polycab: Initiate Buy on Company, target price at Rs 8550/Sh (Positive)
UBS on KEI Ind: Initiate Buy on Company, target price at Rs 6150/Sh (Positive)
Emkay on Kalpataru: Maintain Buy on Company, target price at Rs 1550/Sh (Positive)
Macquarie on TCS: Maintain Outperform on Company, raise target price at Rs 5740/Sh (Positive)
Citi on BPCL: Maintain Buy on Company, target price at Rs 380/Sh (Positive)
Jefferies on Reliance Ind: Maintain Buy on Company, raise target price at Rs 3530/Sh (Positive)
UBS on India Economics: Indian economy holding up well; potential growth (6.5% vs. 6.5-7% UBSe). (Positive)
BofA on Asia Strategy: In Asia - Reliance, ICICI Bank and Infosys feature among the most important list (Positive)
Jefferies on India Strategy: 12% earnings growth (ex-O&G, metals) / domestic cos was broadly in line (Neutral)
JP Morgan on HCL Tech: Maintain Neutral on Company, target price at Rs 1510/Sh (Neutral)
MS on HCL Tech: Maintain Overweight on Company, target price at Rs 1705/Sh (Neutral)
Nomura on Indusind Bank: Maintain Neutral on Bank, target price at Rs 1580/Sh (Neutral)
MS on Titagarh Rail: Maintain Overweight on Company, target price at Rs 1337/Sh (Neutral)
Citi on M&M: Maintain Buy on Company, cut target price at Rs 3180/Sh (Neutral)
- August 20, 2024 09:48
Stock market live today: Mining, steelmakers’ operating costs could surge after top court ruling, says Fitch Ratings
The country’s metal and mining companies’ operating costs are likely to rise significantly if state governments impose additional mining taxes in the wake of a Supreme Court ruling, Fitch Ratings said in a note on Monday. India’s top court late last month upheld the right for state governments to levy taxes on minerals extraction and last week allowed them to do so in restrospect, dating back to April 1, 2005.
The taxes would be paid over a period of 12 years in instalments starting from April 1, 2026, the court ruled.
- August 20, 2024 09:44
Nifty today: Major stocks that hit a 52-week high
Major stocks that hit a 52-week high on the NSE include:
Unicommerce Esolutions (11.90%), Awfis Space (11.89%), ICICI Lombard (2.25%), TCS (1.42%)
- August 20, 2024 09:41
Stock market live today: Zomato shares decline by 1.01% on NSE, trading at ₹259.52; Antfin Singapore Pte to sell 1.5% stake
Zomato shares declined by 1.01% on the NSE, trading at ₹259.52. China’s Antfin Singapore Pte will be selling 13.6 crore shares or over 1.5 per cent stake in portfolio firm Zomato in a block deal, according to a term sheet.
- August 20, 2024 09:40
Stock market live today: Hindustan Construction Company appoints Siddhesh Redkar as Vice President — Legal & General Counsel
Hindustan Construction Company has appointed Siddhesh Redkar as Vice President — Legal & General Counsel of the Company with effect from August 20, 2024.
- August 20, 2024 09:39
Stock market live today: Hi-Tech Pipes receives orders worth ₹105 crore, stock rises 2.06% on NSE to ₹186.45
Hi-Tech Pipes Ltd. has received orders for supplying ERW Steel Pipes, totaling of ₹105 crore from key customers in the renewable energy sector.
Cipla has received an order passed by the Commissioner of Customs, JNCH, Nhava Sheva, a penalty of ₹5,95,70,519 under applicable provisions of the Customs Act, 1962 and rules made thereunder.
Hi-Tech Pipes stock rose 2.06% on the NSE, trading at ₹186.45.
- August 20, 2024 09:39
Stock market live today: Suraj Estate board approves fundraising, stock rises 2.22% on NSE to ₹836
Suraj Estate board has approved raising of funds through the issue of 56 lakh equity shares of the face value of ₹5 on a Preferential Issue basis through Private Placement offer for cash at an issue price of ₹714 per equity share including premium of ₹709 per equity share.
In addition, the board has approved issuance of 13 lakh fully Convertible Warrants for cash at an issue price of ₹750.
Suraj Estate Developers stock rises 2.22% on the NSE, trading at ₹836.
- August 20, 2024 09:35
Stock market live today: Coforge announces launch of Coforge ENZO, stock rises 2.07% on NSE to ₹6,148.80
Coforge has announced the launch of Coforge ENZO, an environmental and net zero offering.
Stock rises 2.07% on the NSE, trading at ₹6,148.80.
- August 20, 2024 09:34
Nifty today: Top gainers, losers at 9.30 a.m.
Top gainers on the NSE as at 9.30 am:
BPCL (2.30%), Hero Motocorp (1.9.3%), Wipro (1.44%), TCS (1.34%), Hindalco (1.22%)
Top losers:
ONGC (-1.69%), Bharti Airtel (-1.04%), Tata Steel (-0.46%), Cipla (-0.42%), Shriram Finance (-0.38%)
- August 20, 2024 09:23
Currency market updates: Rupee rises 2 paise to 83.85 against US dollar in early trade.
- August 20, 2024 09:22
Stock market live today: Opening bell: At opening, Sensex rises 219 points
BSE Sensex traded at 80,643.68, higher by 219 pts or 0.27 % as at 9.15 am, and Nifty 50 traded at 24,634.65, up by 62 pts or 0.25%.
- August 20, 2024 09:21
Commodities market updates: Gold steady near record high as investors seek more Fed cues
Gold held steady near its record high on Tuesday as investors awaited U.S. Federal Reserve minutes and Chair Jerome Powell’s speech for indications on how much the central bank will cut rates this year.
Spot gold edged 0.2% higher to $2,500.08 per ounce by 0254 GMT, trading slightly below an all-time high of $2,509.65 hit on Friday. U.S. gold futures rose 0.1% to $2,537.70. - Reuters
- August 20, 2024 09:14
Commodities market updates: Crude oil futures decline on hopes for ceasefire in West Asia
Crude oil futures traded lower on Tuesday morning following the hopes for a ceasefire between Israel and Hamas in West Asia. At 9.11 am on Tuesday, October Brent oil futures were at $77.12, down by 0.70 per cent, and October crude oil futures on WTI (West Texas Intermediate) were at $73.17, down by 0.67 per cent. September crude oil futures were trading at ₹6148 on Multi Commodity Exchange (MCX) during the initial hour of trading on Tuesday against the previous close of ₹6190, down by 0.68 per cent, and October futures were trading at ₹6123 against the previous close of ₹6165, down by 0.68 per cent.
- August 20, 2024 09:10
Stock market live today: Stocks to watch out for on August 20, 2024
Sequent Scientific: Company gets prequalification approval from WHO for Albendazole API
Allcargo logistics: International supply chain monthly operational volume for the month of July stood at 818’000 cubic meters similar to its highest ever monthly volume which was recorded in AUG 2022
Zodiac Energy: Net profit at Rs 2.33 cr vs Rs 0.82 cr, Revenue at Rs. 79.59 cr vs Rs 32.54 cr (YoY)
Quess Corp: Company gets BSE & NSE approval for demerger process.
Hazoor Multi Projects: Company emerges as lowest bidder for Maharashtra State Infra Development Corp project worth Rs 274 crore
Nucleus software: Board of Directors meeting is scheduled to be held on August 22 to consider the proposal for Buy Back of Equity Shares of the Company.
Finkurve Financial: Company has entered into a co-lending arrangement with RBL bank, collaboration establishes a significant strategic partnership aimed for offering gold loan
Tata Motors and Tata Motors DVR: Company sets September 1 as official record date for share capital reduction scheme.
Suraj Estate: Board approves raising of funds via issue of 56 lakh shares on preferential basis.
IndusInd Bank: Gets RBI nod to launch asset management subsidiary.
DCM Shriram: Company successfully commissioned a new Hydrogen Peroxide (H₂O₂) plant
Zomato: Antfin Singapore likely to sell 1.54% stake of Zomato via block deals at floor price of Rs 251.68/share
Vedanta: Shareholding in arm Hindustan Zinc falls to 63.42% after offer for sale
Vishnu chemicals: Company announced the 100% equity acquisition of jayansree pharma pvt ltd at an enterprise value of Rs 51.99 cr
Investment Trust of India: Company BSE returned demerger application of ‘non-lending business undertaking’ to company
Poly Medicure: Company launches QIP to raise ₹1,000 crore, offering shares at ₹1,850-₹1,880 each.
Bharti Airtel and Vodafone Idea: Companies struggle to comply with DoT’s demand for legacy network assessment.
Hi-Tech Pipes: Company to raise funds up to ₹600 crore via QIP or other modes
Sapphire Foods: KFC operator sets 5 September record date for upcoming stock split
Bank of Baroda: 10-year infrastructure bond issue likely to have base size of Rs 2,000 crore and green shoe option of Rs 3,000 crore.
Axis Bank: Delhi High Court directs SEBI and RBI to expedite investigation into allegations of fraudulent gains by Axis Bank and its affiliates.
Tata Consumer: Company announces completion of its Rs 3,000 crore rights issue.
ZOMATO: Antfin Singapore likely to sell 1.54% stake of Zomato via block deals at floor price of Rs 251.68/share
Bajaj Auto: Makes provision of ₹211 cr on capital gains change
HCL Tech: Prateek Aggarwal, CFO of HCL Tech has resigned to pursue opportunities outside the company.
- August 20, 2024 09:00
Stock market live today: Piyush Goyal invites Malaysian businesses to invest in India’s oil, gas, and electronics sectors
: Union Minister of Commerce and Industry, Piyush Goyal, emphasized the importance of strengthening trade cooperation between India and Malaysia during the ‘Meeting of India-Malaysia CEOs Forum’ held in New Delhi.Union Minister Goyal on Monday addressed the gathering, highlighting several areas where the two nations could collaborate more deeply, thereby expanding their trade and business relationships. The forum provided a platform for business leaders from both countries to explore mutual opportunities and discuss strategies to foster growth. -- ANI
- August 20, 2024 08:39
Currency market updates: Rupee likely to underperform regional peers amid dollar’s slide
The Indian rupee is expected to inch higher on Tuesday after the dollar index slumped to its lowest level in seven months, but is likely to underperform its regional peers.
The 1-month non-deliverable forward indicates that the rupee will open at 83.85 to the U.S. dollar, compared to its previous close of 83.87.
The dollar index dropped to 101.76 in Asian hours, the lowest in more than seven months. Asian currencies, meanwhile, added to Monday’s advance, with most up between 0.3% to 0.5%. - Reuters
- August 20, 2024 08:32
IPO Watch: Listing of SARASWATI SAREE DEPOT LIMITED on 20th August, 2024
Symbol: SSDL
Series: Equity “T Group”
BSE Code: 544230
ISIN: INE0PQ101010
Face Value: Rs 10/-
Issued Price: Rs 160/- per share
- August 20, 2024 08:13
Stock market live today: IndusInd Bank gets RBI nod to launch AMC arm
The Reserve Bank of India (RBI) on Monday approved IndusInd Bank to set up a wholly-owned subsidiary for asset management business of mutual funds, the lender said in an exchange notice on Monday.
“This is to inform that the Reserve Bank of India…has accorded its approval to the bank for setting up a wholly-owned subsidiary to undertake asset management business of mutual fund along with infusing equity capital in the said asset management subsidiary…,” the notice said.
- August 20, 2024 07:55
IPO watch: Interarch Building issue subscribed 3.20 times on Day 1
The ₹600-crore Interarch Building Products saw a robust response from high-net-worth individuals and retail investors on Monday, the first day of the issue opening. At the end of Day 1, the IPO was subscribed 3.20 times overall.
The IPO, which has a price band of ₹850–900, will close on August 21.
- August 20, 2024 07:54
IPO watch: All eyes on Saraswati Saree Depot listing
Shares of Saraswati Saree Depot will be listed on the bourses today after a blockbuster IPO. The company has fixed the IPO price at ₹160.
The initial public offering of Saraswati Saree Depot saw a robust response from all categories of investors. The issue closed with an overall subscription of 107.52 times. All categories of investors, especially non-institutions, poured money into the Kolhapur-headquartered IPO.
- August 20, 2024 07:40
Stock market live today: MISHRA DHATU NIGAM secures order for Rs 285 crore
- August 20, 2024 07:40
Stock in focus: ONGC Videsh secures 16-year contract extension for Oil & Gas production in Vietnam
ONGC: CO UNIT ONGC VIDESH HAS SECURED A 16 YEAR CONTRACT EXTENSION FOR PRODUCING OIL & GAS IN VIETNAM - PTI (SUPPORTIVE FOR STOCK PRICE)
- August 20, 2024 07:38
Stock market live today: Update on TATA Motors DVR conversion plan
Co. Fixes 1 sept as Record Date for conversions of DVR shares in to Equity
Holders of the DVR will get 7 ordinary shares for every 10 DVRs held .
- August 20, 2024 07:37
Stock market live today: Major U.S. listed stocks result calendar 20.08.2024
Lowe’s Companies, Inc. (Pre market) (Sector- Retailer)
Medtronic plc (Pre market) (Sector- Healthcare)
H World Group Limited (Pre market) (Sector- Hotels)
Alcon Inc. (Post market) (Sector- Healthcare)
Keysight Technologies Inc. (Post market) (Sector- Technology)
ZTO Express (Cayman) Inc. (Post market) (Sector- Logistics)
Toll Brothers, Inc. (Post market) (Sector- Construction)
Jack Henry & Associates, Inc. (Post market) (Sector- Technology)
Sociedad Quimica y Minera S.A. (Post market) (Sector- Chemicals)
KB Financial Group Inc (TENT) (Sector- Financial)
- August 20, 2024 07:37
Stock market live today: Economic Calendar – 20.08.2024
06:45 CHINA 5-y Loan Prime Rate (Expected: 3.85% versus Previous: 3.85%)
14:30 EURO Final CPI y/y (Expected: 2.6% versus Previous: 2.6%)
23:05 U.S. FOMC Member Bostic Speaks
- August 20, 2024 07:37
Stock market live today: Trade setup for Tuesday
InCred Equities
Nifty 50 Overview:
•\u0009Resistance Levels: 24,622, 24,650, 24,694 (based on pivot points)
•\u0009Support Levels: 24,534, 24,507, 24,462 (based on pivot points)
•\u0009Market Sentiment: As long as Nifty 50 sustains above 24,500-24,550, it is likely to move towards 24,700-24,800. A fall below the 24,400-24,300 range could trigger further downside.
•\u0009Candlestick Pattern: Despite forming a bearish candlestick, the Nifty continued its higher highs-higher lows pattern, a positive indicator if it stays above key moving averages.
Bank Nifty Overview:
•\u0009Resistance Levels: 50,630, 50,735, 50,905 (based on pivot points)
•\u0009Support Levels: 50,290, 50,185, 50,016 (based on pivot points)
•\u0009Market Sentiment: The Bank Nifty is likely to face consolidation unless it surpasses key moving averages. Momentum might build if these levels are breached.
Options Data:
•\u0009Nifty Call Options: Maximum open interest at the 25,000 strike, indicating a strong resistance level. Significant Call writing at 24,600 suggests a cap at this level for the short term.
•\u0009Nifty Put Options: Maximum open interest at the 24,000 strike, marking a strong support level. High Put writing at 23,900 could bolster support around this area.
•\u0009Bank Nifty Call Options: Strong resistance at 50,500, 51,000, and 51,500 strikes.
•\u0009Bank Nifty Put Options: 49,000 and 50,000 strikes serve as key support levels, with significant Put writing at 50,400 indicating support near this level.
Market Indicators:
•\u0009Put-Call Ratio (PCR): A drop to 1.17 suggests a shift towards a bullish sentiment but still cautious.
•\u0009India VIX: Volatility continues to decline, favoring bullish trends.
Strategy:
•\u0009For Nifty 50: Watch for sustained levels above 24,500-24,550 for a potential upside. A break below 24,400 could indicate a bearish move.
•\u0009For Bank Nifty: Monitor for consolidation around key EMAs. Surpassing these levels may trigger momentum.
Stocks to Watch:
•\u0009Long Build-up: 62 stocks showed signs of long positions, indicating potential bullish opportunities… BSOFT, BalramChn, HindCoper, NALCO, Glenmrk, etc.
•\u0009Long Unwinding: 17 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding… IndHot, JublFood, HDFCLife, AdaniEnt, Coromandel, SBILife, IndiaCem, etc.
•\u0009Short Build-up: 51 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.. IndusIndBk INDIGO, HDFCAMC, GujGas, Astral, M&M, ApolloTyyre, etc.
•\u0009Short-Covering: 55 stocks exhibited short-covering, suggesting a potential price rise…PEL, AartiInd, HeroMoto, GAIL, TATASTEEL, VOLTAS, BIOCON, etc.
•\u0009High Delivery Trades: Focus on stocks with a high share of delivery trades for potential long-term investment opportunities…Indigo, M&MFin, HUVR, BhartiArtl, SunPh, Dabur, DalBharat, IndusIndBk, Trent, Navinfluor.
- August 20, 2024 07:36
Stock market live today: Bulk Deals
Prudent Corporate Advisory Service
Société Générale has bought a 0.66% stake in the company at an average price of Rs 2,450 per share. However, promoters Sanjay Rameshchandra Shah and Rameshchandra Chimanlal Shah sold 1% and 1.48% equity stakes in the company at an average price of Rs 2,450.05 per share, and Rs 2,450 per share, respectively.
Ujjivan Small Finance Bank
Foreign portfolio investor Ardisia sold a 0.88% equity stake in the bank at an average price of Rs 41.11 per share.
Zaggle Prepaid Ocean Services
Zuzu Software Services LLP sold a 4% stake in the company at an average price of Rs 361.23 per share.
Ace Software Exports
Ace investor Shankar Sharma bought 0.53% of shares in the company at an average price of Rs 346 per share. However, Ace Technologies sold a 1.64% stake in the company at an average price of Rs 346 per share.
Vibrant Global Capital
Investor Siddhartha Bhaiya sold a 0.53% stake in the company at an average price of Rs 79.51 per share.
Ethos
Bandhan Mutual Fund bought a 0.65% stake in the company at an average price of Rs 3,346 per share from promoter Mahen Distribution. Master Capital Services sold 0.57% of shares at the same price.
Source: InCred Equities
- August 20, 2024 07:35
Stock market live updates: Stock trades ex-date for bonus -- PVV Infra
- August 20, 2024 07:35
Stock market live today: Stock turns ex-buyback: AIA Engineering
- August 20, 2024 07:34
Stock market live today: Stocks under F&O ban
Balrampur Chini Mills, Birlasoft, Hindustan Copper, Aarti Industries, Aditya Birla Fashion and Retail, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, Granules India, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, NMDC, Piramal Enterprises, Punjab National Bank, RBL Bank, SAIL, Sun TV Network
- August 20, 2024 07:33
Stock market live today: Stocks turn ex-dividend
IRB Infrastructure Developers, AIA Engineering, Apar Industries, Balkrishna Industries, Century Enka, Coral India Finance & Housing, Indo Borax & Chemicals, JK Paper, Dr Lal PathLabs, Mitsu Chem Plast, National Peroxide, Omnitex Industries, Phoenix Mills, PI Industries, Rain Industries, Ratnamani Metals & Tubes, Sanghvi Movers, South Indian Bank, Sun TV Network, Titagarh Rail Systems
- August 20, 2024 07:33
Stock market live today: ADR/GDR
Cogni: +0.17%
Infy: +1.14%
Wit: +1.57%
IciciBk (-0.62%)
HdfcBk: +0.22%
DrRdy: +1.25%
TatSt: +4.53%
Axis (-0.58%)
SBI: +0.41%
RIGD: +1.29%
INDA: +0.22% (IShares MSCI INDIA ETF)
INDY: +0.06% (IShares MSCI INDIA 50 ETF)
EPI: +0.55% (Wisdom Tree India Earning)
PIN: +0.61% (Invesco India Exchange Traded Fund Trust)
Source: InCred Equities
- August 20, 2024 07:32
Company Updates: DCM Shriram commissions new hydrogen peroxide plant, Tata Consumer Products concludes rights issue, RD set for stock split at Sapphire Foods
DCM Shriram
On August 19, the company commissioned a new Hydrogen Peroxide (H₂O₂) plant at its chemical complex in Jhagadia, Bharuch District, Gujarat. The plant has a capacity of 52,500 tonnes per annum and will use hydrogen produced at the same site.
Tata Consumer Products
The company closed its rights issue on August 19, which aimed to raise up to ₹3,000 crore at a price of ₹818 per share
Sapphire Foods:
September 5, 2024 fixed as the record date for the stock split.
Source: InCred Equities
- August 20, 2024 07:30
Stock market live updates: Today listing of shares: InCred Equities
Listing of Equity Shares of SARASWATI SAREE DEPOT LIMITED
39599800 Equity Shares Of Rs.10/- each fully paid up @ 160.
Listing of Equity Shares of Sunlite Recycling Industries Limited (SME IPO)
10880000 @ 105…Market lot 1200
Listing of Equity Shares of Positron Energy Limited (SME IPO)
7600400 @ 250/-…Market lot 600
- August 20, 2024 07:29
Stock market live today: Provisional Cash Rs. In Crs. (19th Aug)
FIIs -2,667 (12,084 – 14,752)
DIIs +1,803 (11,138 –9,335)
- August 20, 2024 07:29
Stock market live today: Market snapshot: InCred Equities
Sensex: 80,425 (-25) (-0.02%)
Nifty: 24,573: +32: +0.13%
BankNifty: 50,368 (-149) (-0.29%)
NiftyIT: 40,878: +1,147: +2.89%
MIDCAP 100: 57,761: +105: +0.18%
NSE Auto: 25,369 (-229) (-0.89%)
NSE FMCG: 62,326: +113: +0.18%
Dow: 40,897: +237: +0.58%
S&P: 5,608: +54: +0.97%
Nas: 17,877: +245: +1.39%
Brazil: 135,778: +1,825: +1.36%
Ftse: 8,357: +46: +0.55%
Dax: 18,422: +99: +0.54%
Cac: 7,502: +52: +0.7%
MOEX: 3,123: +96: +3.17%: shut since 20/06/2024
WTI Oil: $74.37 (-2.97%)
Brnt: $77.79 (-2.37%)
Natural Gas: 2.24: +5.28%
Gold: $2541: +4: +0.14%
Gold 22 Carat/g: 6,565: +10
Silver: $29.73: +1.6%
Copper: $422: +4: ++0.93%
Cotton: $68.68: +2.14%
Copper (LME): $9,116 (-33) (-0.36%)
Alluminum (LME): $2,366: +2: +0.08%
Zinc (LME): $2,763(-20) (-0.7%)
Tin (LME): $31,903 (-65) (-0.2%)
Eur-$: 1.1083: +0.5%
GBP-$: 1.2990: +0.4%
Jpy-$: 146.65 (-0.7%)
Re: 83.8712 (-0.09%)
USD-RUB: 89.7268 (-0.13%)
US10yr: 3.87%: -1
GIND10YR: 6.978: +1.62%
$ Index: 102.463 (-0.50%)
Vix: 14.65 (-1.01%)
India Vix: 14.31 (-0.63%)
BalticDry: 1,691 (-1) (-0.06%)
- August 20, 2024 07:26
Stock market live today: Stocks that will see action today: August 20, 2024
Buzzing stocks: Zomato, Bajaj Auto, PowerGrid, IndusInd Bank, Torrent Power, HCL Tech, Motilal Oswal, Hi-Tech, Olectra Greentech, Sequent Scientific, Poly Medicare, Vishnu Chemicals, Share India Securities, The Investment Trust of India, Hazoor Multi Tech, Finkurve Financial, Nucleus Soft, MRO-Tek
- August 20, 2024 07:15
Stock market live today: Sensex, Nifty set for gap-up start; analysts expect consolidation
Indian markets are set for a positive opening on Tuesday, buoyed by bullish momentum in US stocks. Gift Nifty at 24,670 suggests a gap-up opening of approximately 70 points for Nifty. However, analysts expect the market to remain in a consolidation phase due to a lack of domestic triggers.
- August 20, 2024 07:00
Stock market live today: SEBI mulls measures to curb intermingling of IPO bids
The Securities and Exchange Board of India (SEBI) plans to take measures to prevent inter-bidding between different investor categories during initial public offerings (IPOs).
Several offerings in the past have seen a high number of applications getting rejected during allotment, especially in the employee category. This could be because several investors from the retail or non-institutional quota are placing their bids in the employee category inadvertently or to inflate subscription numbers. A number of applications could be from mule accounts.
- August 20, 2024 06:50
Stock market live today: Trading guide for August 20, 2024: Intraday supports, resistances for Nifty50 stocks
Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI
- August 20, 2024 06:47
Stock market live today: Watch: Today’s Stock Recommendation: August 20, 2024
The stock idea that we have for you today is Delhivery. The stock has begun the week on a strong note by surging about 4 per cent. On the chart, the stock is looking strong and bullish. The share price can go up further in the coming days.
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