10:58:42 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty off day’s low, trade flat
- Sensex trades on a lacklustre note
- Nifty trades below 23,000
- HDFC Bank top contributor, ICICI Bank top drag
10:59:01 AM IST, 24 May 2024
FOREX NEWS | Rupee rises to strongest since March
10:38:11 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates | Indian Overseas Bank aims to open 88 new branches in FY2024-25: MD & CEO
10:46:57 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates | Laurus Labs receives letter from USFDA; letter format looks like that of warning letter: ETNow
10:22:52 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Zaggle Prepaid Ocean Services shares rise after Q4 results
10:04:17 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Top gainers from the defence pack
10:00:16 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates | Multibagger Listings Alert
- Rulka Electricals (SME): Debuts at a premium of 123% | NSE – Rs 525 (Up – Rs 290)
- HOAC Foods (SME): Lists at a solid premium of 206% | NSE – 147 (Up – Rs 99)
09:54:42 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty volatile
- Both indices are gyrating between gains & losses
09:52:01 AM IST, 24 May 2024
Stock Market LIVE Updates | Honasa Consumer (Mamaearth) shares surged by more than 7% following the announcement of fourth-quarter profits, a notable turnaround from the previous year’s losses.
09:50:26 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates | Hindalco Q4 results today: Here’s what to expect from the metals major
Hindalco Industries, the Aditya Birla Group’s leading metals firm, is anticipated to report subdued revenue figures despite an expected uptick in profitability. The company is set to unveil its fourth-quarter results today. Revenue from operations for the January-March 2024 period is projected to decrease by as much as 6% year-on-year, while profit growth is anticipated to rise by up to 23% year-on-year.
09:37:18 AM IST, 24 May 2024
Stock Market LIVE Updates | SENSEX AT NEW RECORD HIGH
09:33:53 AM IST, 24 May 2024
Stock Market LIVE Updates | NIFTY SCLAES 23,000 FOR THE FIRST TIME
09:22:08 AM IST, 24 May 2024
Forex Alert | Rupee rises 11 paise to 83.18 against US dollar in early trade
09:19:47 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Check out the most active stocks on NSE in opening deals
09:18:36 AM IST, 24 May 2024
Opening Bell: Sensex sheds 150 points, Nifty near 22,900; Honasa, Voda Idea jump 4% each
09:07:09 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex down 120 points; Nifty below 22,930
08:56:13 AM IST, 24 May 2024
BROKERAGE RADAR | INVESTEC ON ITC: BROKERAGE RADAR | INVESTEC ON ITC
• Maintain Buy; Hike target price to Rs 504 from Rs 499
• Positive FY24 exit for cigarettes
• Expect earnings growth to improve in the coming quarters
• ITC provides high-single digit earnings trajectory at modest valuations
Source: ET NOW
08:56:01 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | GOLDMAN SACHS ON ITC
• Maintain Buy with target price of Rs 480
• Q4 marginally below estimates
• Steady recovery in cigarette business
• Weak trends continue in the paper business
• FMCG’s underlying business had healthy EBIT growth
Source: ET NOW
08:55:50 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | GOLDMAN SACHS GUJARAT PIPAVAV
• Downgrade to Neutral from Buy; Hike target price to Rs 220 from Rs 107
• Q4FY24 results witnessed softening of growth
• Valuations are not very different from that of Adani, despite a lower growth profile
• Believe risk-reward is now balanced for GPPV
Source: ET NOW
08:55:39 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | BofA ON INDIGO
• Maintain Buy; Hike target price to Rs 4900 from Rs 4300
• Lifting estimates & PO after Q4 beat, staying Buy
• Temporary margin squeeze in Q1
• Earnings growth story is intact beyond the near term
Source: ET NOW
08:55:29 AM IST, 24 May 2024
BROKERAGE RADAR | MORGAN STANLEY INDIA STRATEGY
• When Will Indian Equities Derate?
• A lot of foreign investors are waiting for India’s multiples to decline before increasing their participation in Indian stocks
• Aside from any negative surprise out of the June elections, we see no other triggers for a de-rating in the near term
• India’s upward growth cycle has potential to produce strong earnings for the coming five years
. Cost of capital and expected return are falling as market gains confidence about future cash flows
• Investors are confident about the bid as well as structural changes that have driven down inflation volatility in India
• Longer-term, adverse developments in demographics, debt, democratic institutions and geopolitics could de-rate stocks
• Near-term, the election results and their impact on policy are most pertinent
• However, when multiples fall for such reasons, desire to buy can also fade
08:55:20 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | INVESTEC ON BSE
• Maintain Buy with target price of Rs 3400
• Initiating long FAST
• BSE has clocked strong volume growth in equity derivatives
• Stock has corrected 17% over the past month due to concerns around regulatory risks w.r.t. F&O post elections/budget
• Believe BSE benefits from market share tailwinds and margin triggers
• Believe valuations at 30x FY26E earnings are attractive
Source: ET NOW
08:55:07 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | EMKAY ON GO DIGIT
• Initiate Sell with target price of Rs 210
• Just another brick in the wall
• Absence of identifiable advantages makes Go Digit just another Gl company
• Balancing growth and profitability ahead, a challenge
• Do not see a case to own the stock; evaluation gives no comfort
Source: ET NOW
08:54:55 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | UBS ON TELECOM
• Vodafone Idea: Upgrade to Buy from Neutral; Hike target price to Rs 18 from Rs 13
• Airtel – Maintain Neutral; Hike target price to Rs 1430 from Rs 1310
• Indus Towers – Maintain Neutral; Hike target price to Rs 355 from Rs 220
• Running scenarios on relief on Govt. dues; potential upside of 70-80% for Vodafone Idea
• Vodafone Idea is most leveraged to any such relief
• Market is pricing in 15-20% mobile price increase in coming 12-24 months
Source: ET NOW
08:54:45 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | MORGAN STANLEY ON HCL TECH
• Maintain Overweight with target price of Rs 1650
• Announced the acquisition of assets carved out by HPE in telecoms and ER&D services
• Believe the transaction is relatively large and strategic, but its financial impact is not significant
• Estimate that annual revenue from this asset could range between $275-350 mn
• Believe it would add ~2% to revenue growth, while diluting margins 30-40bps and EPS <1% for FY26
Source: ET NOW
08:54:36 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | NUVAMA ON INDIGO
• Maintain Buy; Hike target price to Rs 5,192 vs Rs 4,288 earlier
• Growth is attributable to strong capacity addition, low ATF cost and a rise in yields
• RPKM rises as demand stays strong; International surges 49% YoY
• Cost rationalisation to continue; yields to remain healthy YoY
• Duopolistic structure bodes well
Source: ET NOW
08:42:47 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Biocon signs exclusive deal for commercialization of Liraglutide in South Korea with Handok Inc
- Biocon signs exclusive licensing, supply deal for commercialization of Liraglutide in South Korea with Handok Inc
- Biocon will undertake development, manufacturing, supply of drug product
- Handok to be responsible for obtaining regulatory approval, commercialization in South Korean market
08:35:15 AM IST, 24 May 2024
Sensex Today | Stock Market View: Prashanth Tapse, Senior VP (Research), Mehta Equities
GIFT Nifty is facing bearish pressure this Friday morning, opening at 22960, down by 55 points. Yesterday, Nifty neared the 23,000 mark, driven by investor optimism about the current regime’s continuation in the upcoming general elections. However, Wall Street’s decline due to a hotter-than-expected manufacturing survey and concerns over the Federal Reserve’s interest rate decisions have dampened market sentiments. With the India VIX rising above 21, indicating increased volatility, the strategy is to stay nimble. Nifty’s key support is at 22507. Recommended trades are to sell Nifty at 22968 with a target of 22507 and Bank Nifty at 48769 with a target of 48300. Consider buying PATEL ENGINEERING at CMP 65 for targets of 79 and 89, as a momentum play.
08:14:38 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Big movers on D-Street: What should investors do with ITC, KPI Green and Grasim?
Stocks that were in focus include names like ITC, which rose 0.068%, KPI Green, which jumped 0.82%, and Grasim, whose shares rose 0.010% on Thursday.
08:18:08 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Asian stocks fall, dollar rises as rate cut wagers waver
Asian stocks declined on Friday, with the dollar gaining ground, propelled by robust U.S. economic indicators. This reinforced the likelihood of interest rates remaining elevated for an extended period and indicated a cautious approach from the Federal Reserve regarding rate cuts, leading investors to shy away from riskier assets.
07:58:54 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Dollar set for weekly gain as rate cut bets ebb
On Friday, the dollar was on track for its most significant weekly increase in six weeks, buoyed by unexpectedly robust U.S. economic data and a hawkish stance conveyed in the Federal Reserve meeting minutes.
07:57:13 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Oil flat as firming US gasoline demand offsets rate jitters
At the onset of Friday’s session, oil prices remained stable as market participants assessed the U.S. Federal Reserve’s recent remarks on interest rates in light of persistent inflation concerns. Additionally, the bolstering seasonal demand for U.S. fuel provided further support to prices.
07:55:20 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Gold on track for first weekly dip in three as rate-cut bets dwindle
Gold prices advanced on Friday, though they were poised for their initial weekly decline in three weeks. This shift comes as investors tempered their expectations for a U.S. interest rate reduction, following the Federal Reserve’s recent meeting, which signaled a postponement in monetary policy easing.
07:46:48 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Stocks in news: Honasa Consumer, ITC, IndiGo, Vodafone Idea, ZEE
In today’s trade, Honasa Consumer, ITC, IndiGo, Vodafone Idea, ZEE among others will be in focus due to various developments and quarterly earnings.
07:45:59 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Stock Radar: This green NBFC player is poised for continued growth
IREDA, a player in the financial institution sector, has seen a remarkable uptrend of approximately 190% since its listing in November 2023. Chart analysis hints that this rally might still have further momentum left to unfold.
07:19:43 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Quarterly earnings today
NTPC, Hindalco, United Spirits, Ashok Leyland and a slew of other companies will announce their fourth quarter results today.
07:19:50 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock action
India’s premier stock indices achieved historic closing peaks on Thursday, propelled by an upsurge in financial equities, buoyed by the central bank’s unprecedented dividend payout to the government, sparking optimism for a potential alleviation of the country’s fiscal deficit.The benchmark NSE Nifty 50 surged by 1.64%, concluding at a milestone 22,967. Similarly, the S&P BSE Sensex notched a remarkable 1.61% climb, culminating at 75,418, marking an unparalleled closing pinnacle.
07:19:56 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Market Trading Guide: Tata Motors, L&T among 5 stock recommendations
With nearly a fortnight left for the results of Lok Sabha polls, benchmark stock indices Sensex and Nifty zoomed over 1.6% to close at lifetime high levels on Thursday, making investors richer by Rs 4.28 lakh crore. 5 stock recommendations include IRB Infrastructure, SCI, L&T, Tata Motors, Olectra Green.
07:20:03 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Technical Breakout Stocks: How to trade Garden Reach Shipbuilders, Cochin Shipyard and RVNL on Friday?
Stocks that hit a fresh record high include names like Garden Reach Shipbuilders and Engineers Ltd which was up nearly 20%, Cochin Shipyard rose over 16% and RVNL closed with gains of nearly 9% on Thursday.
07:20:12 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a negative start
GIFT Nifty on the NSE IX traded lower by 64 points, or 0.28 per cent, at 22,950.50, signaling that Dalal Street was headed for negative start on Friday.
07:30:17 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: US stocks fall despite Nvidia boost as inflation concerns weigh
US stocks ended lower on Thursday, even as a strong revenue forecast for Nvidia fueled a surge in its shares, but that was overshadowed by economic data showing inflation was still a concern that could delay any Federal Reserve rate cuts.
07:20:26 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Tech View: Nifty may rally towards 23,500 in short term
Thursday’s weekly expiry saw the Nifty finishing with a robust surge of 370 points, reaching unprecedented levels and forming a substantial bullish candle on the daily charts.Looking ahead, if the index continues its upward trajectory beyond 23,000, it may potentially target 23,500 in the near future. Conversely, support is identified at 22,800. Rupak De from LKP Securities suggests that the market’s resilience should endure as long as it maintains levels above 22,800.
07:20:37 AM IST, 24 May 2024
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Thursday
Sensex jumped over 1,200 points to hit a fresh high above 75,400 while Nifty also rallied 1.64% to come within kissing distance of never-seen-before level of 23,000. Investors were left richer by Rs 4.15 lakh crore as the total market capitalisation of all companies listed on BSE jumped to about Rs 421 lakh crore.
