Daily Stock Market News

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Billionaire Investor Jim Rogers, Offers Gold and Silver Market Outlook in Exclusive Interview with Jay’s Coin Shop

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Sensex Today | Stock Market LIVE Updates: Sensex off day’s low, sheds over 500 points;

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02:52:17 PM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Top losers from the banking index at this hour

02:50:44 PM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Top gainers from the metal index at this hour

02:49:19 PM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Nifty metal tops sectorial gainer up by 0.55% led by Hindalco, National Aluminium

02:48:12 PM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Nifty around day’s low; trades below 22,800

ICICI, HDFC Bank drag Nifty Bank lower.

02:42:06 PM IST, 29 May 2024

Dubai’s sovereign wealth fund ICD posts 68% jump in 2023 profit

The Investment Corporation of Dubai, the primary investment entity of the Dubai government, announced a 68% surge in its net profit for 2023, driven by strong performance in its transportation, banking, and financial services sectors. ICD, which holds stakes in Emirates airline, Emirates NBD bank, Emaar Properties, and Emirates National Oil Company, achieved a record net profit of 60.8 billion dirhams ($16.56 billion). Out of this, 10.4 billion dirhams was attributable to non-controlling interests.

02:24:40 PM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Power Mech Projects announced securing a significant order worth Rs 563 crore from BHEL to construct a nuclear power plant, marking its entry into the critical nuclear power sector. This project underscores the company’s growing presence in key infrastructure projects.

02:09:03 PM IST, 29 May 2024

Stock Market LIVE Updates | Prestige Estates Projects Q4 Results

01:39:07 PM IST, 29 May 2024

Pound rises to strongest since August 2022 against Euro

01:37:56 PM IST, 29 May 2024

London stocks open lower as US yield spike renews rate worries

London stocks commenced trading lower on Wednesday, influenced by increased U.S. bond yields, which exerted pressure on equities worldwide. Additionally, fresh data from the United States revived concerns about inflation, raising doubts regarding the timing of potential rate cuts by the Federal Reserve.

As of 0707 GMT, the blue-chip FTSE 100 was down by 0.1% at 8,243.98 points, marking a three-week low. The index is on course for its lengthiest losing streak since August 2023.

01:36:31 PM IST, 29 May 2024

Stock Market LIVE Updates | S&P affirms BBB- rating on India; revises outlook to positive from stable

01:22:35 PM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates | Top gainers & losers at this hour

12:57:24 PM IST, 29 May 2024

Big Daddy LIC manages money nearly double the size of Pakistan’s economy

After a significant surge in Indian stocks, the total assets under management (AUM) of the state-owned insurance giant LIC have surpassed the Rs 50 lakh crore milestone, nearly doubling the size of neighboring Pakistan’s GDP.

12:52:47 PM IST, 29 May 2024

Commodity View | Colin Shah, MD, Kama Jewelry on ‘Outlook on Silver’

Silver prices have outperformed gold this year, gaining about ~18% Year-Till-Date (YTD). In addition to being a precious metal, having ornamental value, silver is also considered as an industrial metal. Silver is an imperative raw material in electric vehicles, solar panels, and 5G antennas, among other products that are expected to drive the global economy in the coming years, supported by a constant rise in demand. Fuelled by the on-going geopolitical tensions, economic uncertainty, higher inflation, anticipation of rate cuts coupled with robust industrial demand, silver prices are increasingly gaining momentum from the past few days. Going ahead, given its hybrid nature of being a precious and an industrial metal, a robust rally seems to be in the foresight, with a possibility to breach INR 1,00,000 mark by the end of 2024 supported by the ongoing circumstances.

12:34:16 PM IST, 29 May 2024

Japan’s Nikkei sheds early gains amid rising JGB yields

Japan’s Nikkei share average relinquished its early gains and finished lower on Wednesday, as investors offloaded growth stocks following a surge in the nation’s benchmark 10-year yield to its highest level in over 12 years.

The Nikkei declined by 0.77% to close at 38,556.87, after initially rising by as much as 0.7%. The earlier gains were driven by the robust performances of U.S. chip-related stocks, particularly buoyed by the success of AI frontrunner Nvidia.

12:32:04 PM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates | Cello World approves issuance of up to 86.5 lk shares via QIP: Agencies

12:25:45 PM IST, 29 May 2024

Australia shares slump with all sectors red; inflation data clouds rate cut hopes

Australian shares closed lower on Wednesday, experiencing widespread losses, particularly in the banking and mining sectors, following stronger-than-anticipated inflation data. This data led to a shift in expectations regarding rate cuts and prompted investors to withdraw from riskier assets.

The S&P/ASX 200 index concluded 1.3% down at 7,665.60 points, marking its lowest close since May 3. It also represented the benchmark’s most significant decline since May 1.

12:09:01 PM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates | Vikas Lifecare submits a term sheet to the Independent Director of Ebix, Inc. to acquire 100% of the equity of the company

11:44:31 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates | Power Mech Projects wins new construction order of NuclearPower Plant

11:40:32 AM IST, 29 May 2024

Stock Market LIVE Updates | Paytm is not in talks to sell a stake in itself, while neither billionaire Gautam Adani nor his namesake power-to-ports group are looking to buy shares in the embattled digital payments firm, the companies said on Wednesday.

11:21:44 AM IST, 29 May 2024

Sensex LIVE Updates | Banking heavyweights drag Sensex 600 pts lower

11:10:39 AM IST, 29 May 2024

Sensex LIVE Updates | Nifty Bank drops over 1%; check out the top losers

10:57:58 AM IST, 29 May 2024

Dollar steady ahead of inflation data, yen hits 4-week low

On Wednesday, the dollar gained strength fueled by growing anticipations that the Federal Reserve would postpone rate cuts until later this year, particularly in anticipation of significant inflation readings due this week. Concurrently, the yen softened to its lowest point in four weeks.

Moreover, the dollar’s ascent was supported by increasing Treasury yields following an uninspiring debt auction for two-year and five-year notes, raising concerns about the demand for U.S. government debt.

10:44:39 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Top 5 Sensex drags at this hour

10:40:13 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates | PNB Housing Finance shares fall 8%, hitting the day’s low at Rs 724. This drop followed a sizable block deal where 2.7% of the equity changed hands.

10:24:51 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Sensex tanks 500 points

Private bank stocks, RIL among top drags on NSE

10:22:03 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates | Suzlon secures a new 551.25 MW order for the 3 MW series from Global Indian Conglomerate, Aditya Birla Group

10:12:38 AM IST, 29 May 2024

Stock Market LIVE Updates | Sensex falls 400 points

  • HDFC Bank, Tata Motors top drags
  • Slips below 75,000

10:05:53 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates | Capacit’e Infraprojects Q4 Results

09:51:03 AM IST, 29 May 2024

Stock Market LIVE Updates | IRCTC experienced a nearly 5% decline in trading after the company announced a consolidated profit after tax (PAT) of Rs 284 crore, marking a modest increase of only 1.8% year-on-year.

09:39:54 AM IST, 29 May 2024

Forex News | Rupee falls in morning trade

Rupee falls 7 paise to 83.25 against US dollar in early trade.

09:21:09 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Paytm shares locked in 5% upper circuit even as firm denies report of stake sale to Adani group

09:19:55 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Vodafone Idea among most active stocks on NSE

09:19:31 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Sensex Heatmap

  • Only 6 Sensex stocks trade in the green in opening deals

09:17:22 AM IST, 29 May 2024

Opening Bell

Sensex sheds 300 points, slips below 75K; Nifty near 22,800; Paytm surges 5%, Inox Wind tanks 5%

09:08:46 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex slips 200 points; Nifty below 22,770

08:59:02 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | JEFFERIES INDIA STRATEGY

• Domestic equity inflows during 2024 so far are a staggering $7bn+/month
• This would be nearly 2x the previous high and more than 3x YoY as domestic investors position for strong election results
• At ~20% of financial savings, and with the ‘predictable’ flows to equity at less than half, risk of domestic flow reversal is rising
• Potential regulatory action on derivatives could be a trigger
• FPIs would likely buy the dips limiting the downside on the large-caps

08:58:51 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | MORGAN STANLEY ON TRENT

• Maintain Equal-weight; Hike target price to Rs 4,817 from Rs 3,675
• Is in the early rounds of its growth and the potential remains. immense
• Well placed to navigate this next phase of growth by leveraging the platform and growth engines
• Return ratios improved to record levels aided by better profitability and improving asset turns

08:58:41 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | INVESTEC ON HINDALCO

• Maintain Buy with target price of Rs 750
• Novelis listing: Little to cheer, based on indicated price-band
• End use of funds, tax leakage – known unknowns

08:58:28 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | NUVAMA ON INOX WIND

• Initiate Buy with target price of Rs 193
• Beneficiary of regulatory tailwind and favourable market conditions
• Order book climbs to new high
• Defended 15% market share in a down-cycle
• Reviving macros in a duopolistic wind EPC market shall enable it to achieve order book/revenue CAGR of 44%/73% over FY24-27

08:58:18 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | NUVAMA ON SUZLON ENERGY

• Initiate Buy with target price of Rs 53
• Strong industry tailwinds a ‘power’ful growth enabler
• Benefits of restructured balance sheet
• Capable of sustaining its lead in WTG/turnkey EPC execution
• Expect order book/PAT CAGR of 21%/61% over FY24-27

08:58:06 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | KOTAK SECURITIES ON OIL INDIA

  • Downgrade to Sell from Reduce; Hike target price to Rs 500 from Rs 475
  • Too much optimism built in
  • Q4 ahead on higher crude realization, higher other income
  • Production guidance remains strong
  • With a sharp run up, believe the production upside is priced in

08:49:02 AM IST, 29 May 2024

Paytm clarifies on TOI report that said Adani in talks to acquire stake in co; calls it speculative

  • We hereby clarify that the news item is speculative and the Company is not engaged in any discussions in this regard, it said.

08:31:37 AM IST, 29 May 2024

Stock Market View: Prashanth Tapse, Senior VP (Research), Mehta Equities

Nifty is down by 80 points to 22,837, with Nifty drifting lower for the past three days. This Wednesday morning, two positive catalysts are notable: the Nasdaq Composite hit a record high due to gains in tech stocks like Nvidia and Apple, and both FIIs and DIIs were net buyers in the last session. However, caution is advised as India VIX is at a two-year high of 24.20, ahead of significant events such as exit polls and GDP data.

08:11:09 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Bond yields climb, stocks under pressure as Fed cut doubts resurface

U.S. Treasury yields surged to nearly a four-week high, consequently boosting yields in the Asia-Pacific region and strengthening the dollar. This movement exerted pressure on equities as well, with new doubts arising about the timing and magnitude of Federal Reserve rate cuts in response to recent data.

07:57:24 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Gold prices inch lower as US rate cut bets cool

Gold prices dipped on Wednesday as traders scaled back expectations of rate cuts by the U.S. Federal Reserve this year, influenced by comments from some policymakers. Meanwhile, the market remained attentive to upcoming key U.S. inflation data scheduled for later in the week.

07:56:28 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Dollar steady ahead of inflation data, yen wobbles

On Wednesday, the dollar remained steady as traders speculated that the Federal Reserve would refrain from cutting interest rates until later in the year, especially with crucial inflation data expected later in the week. Meanwhile, the yen weakened to its lowest level in four weeks.

07:55:31 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Oil rises as major producers expected to keep output cuts in place

Oil prices climbed on Wednesday in anticipation of major producers maintaining production cuts at an upcoming meeting scheduled for Sunday. Concurrently, the onset of the peak summer demand season is expected to drive up fuel consumption, further supporting the price rise.

07:42:43 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Stocks in news: RIL, Hindalco, PNB Housing, Grasim, Tata Steel

Continuing their decline for the third consecutive day, equity markets experienced volatility on Tuesday amidst uncertainty looming ahead of the Lok Sabha election results. In today’s trading session, attention will be drawn to shares of IRCTC, Hindalco, and others, as investors monitor various related developments and quarterly earnings.

07:41:27 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Stock Radar: This railway stock could hit fresh record highs soon

In the past six months, Indian Railway Catering & Tourism Corporation (IRCTC), a key player in the tour and travel sector, has surged by over 50%. However, it recently experienced a period of consolidation.

07:20:07 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Quarterly earnings today

Tata Steel, Cummins India, Samvardhana, Alkem Labs, SJVN and a slew of other companies will announce their fourth quarter results today.

07:20:13 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock action

Indian blue-chip stocks experienced their third consecutive day of decline on Tuesday, while mid-cap stocks halted an 11-session rally, influenced by profit-taking amid another volatile session. The benchmark NSE Nifty 50 concluded 0.2% lower at 22,888 points, whereas the S&P BSE Sensex dropped by 0.3% to 75,170.

07:20:21 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Market Trading Guide: HDFC Life, Patanjali among 5 stock recommendations

Indian blue-chip stocks continued their decline for a third consecutive day on Tuesday, while mid-cap stocks broke an 11-session rally, affected by profit-taking in another volatile session. 5 stock recommendations include KNR Constructions, HDFC Life, 3M India, Patanjali and Metropolis Healthcare.

07:20:28 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Technical Breakout Stocks: How to trade DOMS Industries, Exide Industries and Marico

Stocks that reached a fresh record high include DOMS Industries and Exide Industries, both closing with gains of over 3% each. Marico, after hitting a record high, saw its gains reduced but still managed to close 0.8% higher on Tuesday.

07:20:36 AM IST, 29 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 79 points, or 0.34 per cent, at 22,838, signaling that Dalal Street was headed for negative start on Wednesday.

07:20:44 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Rupee settles 5 paise lower at 83.18 against US dollar

On Tuesday, the rupee initially gained ground but later retraced to settle 5 paise lower at 83.18 against the US dollar. This decline was influenced by a downturn in domestic equities and increased demand for dollars from importers.

07:20:52 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Nasdaq closes above 17,000; S&P 500 slightly higher, Dow down

On Tuesday, the Nasdaq achieved a historic milestone, surpassing the 17,000 mark for the first time ever. This surge was propelled by gains in Nvidia. Meanwhile, the S&P 500 barely edged higher, and the Dow concluded lower due to the uptick in Treasury yields.

07:21:00 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Tech View: Nifty consolidating around Mt 23k for 3 days

On Tuesday, the Nifty concluded the session 44 points lower at 22,888, forming a bearish candle on the daily scale. Despite this, the index is still trading above its key moving average supports, and the RSI on the daily chart remains positive.

07:21:08 AM IST, 29 May 2024

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Tuesday

The BSE Sensex declined by 220 points, equivalent to 0.29%, settling at 75,170. Meanwhile, the broader NSE Nifty dropped by 44 points, or 0.19%, concluding at 22,888.

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Read More: Sensex Today | Stock Market LIVE Updates: Sensex off day’s low, sheds over 500 points;

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