15:17 (IST) 31 May 2024
Stock market today live updates | Top gainers and losers
Adani Enterprises, Adani Ports and SEZ, Shriram Finance, Tata Steel, and Coal India were the top gainers in the Nifty 50. While Divi’s Laboratories, Nestle India, Dr Reddy’s Lab, TCS, and Maruti Suzuki were the major laggards in the Nifty 50 on May 31.
15:00 (IST) 31 May 2024
Share market today live updates | Nifty FMCG index movers
Courtesy: NSE
13:54 (IST) 31 May 2024
Stock market today live updates | Crude Oil Outlook
Commenting on Crude Oil outlook Bhavik Patel Sr. Commodity/Currency Research Analyst at TradeBulls Securities said that MCX Crude oil trend is weak as the market is making lower top and lower bottom formation on daily scale. It is also trading below its 21-day moving average while momentum oscillator RSI_14 is bearish trading around 42.
Patel also said that, Immediate support comes around 6350 which is the previous swing low while major hurdle is above 6728. Twice this month, Crude has tested the levels of 6725 followed by correction as 6725 is proving to be a strong hurdle.
“Looking at yesterday’s price action, we believe any long positions could only be taken above 6725. Till then it is on rise around 6580 with stoploss of 6725 and expected target of 6345,” added Patel.
13:33 (IST) 31 May 2024
Stock market today live updates
13:31 (IST) 31 May 2024
Share market today live updates | Top midcap gainers and losers
PB Fintech, NHPC, GRM Infra, NMDC, and Prestige were the top gainers in the Nifty Midcap 100. While IPCA Laboratories, Page Industries, Max Health, Mazagon Dock Shipbuilders, and Paytm were the major losers in the Nifty Midcap 100 on May 31.
13:08 (IST) 31 May 2024
Stock market today live updates | MSCI Index rebalancing today
According to Nuvama Institutional Equities, the maximum inflow is anticipated for Indus Towers at $224 million, followed by PB Fintech and Phoenix Mills at $223 million and $213 million, respectively. Other stocks are estimated to see inflows ranging from $144 million to $207 million.
Thermax is considered borderline for inclusion in the MSCI index, and if included, it could attract inflows worth $139 million. Conversely, Paytm, Indraprastha Gas, and Berger Paints will be excluded from the index, potentially leading to combined outflows of around $283 million.
Also Read: MSCI Index rebalancing today- Find out what stocks make it as India expects $2 billion worth inflows
12:01 (IST) 31 May 2024
Markets today at afternoon
The NSE Nifty 50 was up 40 points or 0.18% at 22,528.30, while the BSE Sensex was up 175.84 points or 0.24% at 74,061.44.
11:31 (IST) 31 May 2024
Share market today live updates | Nifty 50 index movers
Courtesy: NSE
11:16 (IST) 31 May 2024
Stock market today live updates | Welspun Corp falls over 8%
Shares of Welspun Corp fell over 8% on Friday to intra-day low of Rs 550.10 after the company’s March quarter results and subsequent guidance for financial year 2025 failed to enthuse the street.
10:28 (IST) 31 May 2024
Stock market today live updates | Key Levels to watch for Bank Nifty
“After a gap down opening, Bank Nifty found support near its 21-day EMA, closing with a bullish candlestick. A recovery in large-cap private bank stocks contributed to keeping the index in the green. The critical support level for Bank Nifty is 48,300, while 49,000 serves as strong resistance. A decisive movement is anticipated once these levels are breached,” said Rupak De, Senior Technical Analyst, LKP Securities.
10:12 (IST) 31 May 2024
Stock market today live updates | Apollo Hospital’s share price
Apollo Hospital’s share price surged over 3% in the early trading session on Friday, as the company reported 77% jump in net profit, reaching Rs 258 crore in the Q4 results year-on-year. The shares soared as much as 3.23%, reaching an intraday high of Rs 5,959.35 per share on the NSE.
09:35 (IST) 31 May 2024
Stock market today live updates | Key Levels to watch for Nifty Today
Commenting on the Technical outlook of Nifty Rupak De, Senior Technical Analyst, LKP Securities, said The Nifty has remained volatile during the session with predominant bearishness. The sentiment for the short term remains weak as the index slipped below the critical 21-day Exponential Moving Average (21EMA). Call writing activity was significant at 22,500. Therefore, to witness a meaningful recovery, Nifty needs to sustain above 22,500. However, failure to move above 22,500 might attract fresh selling in the market, potentially driving the index towards 22,300/22,100.
09:25 (IST) 31 May 2024
Stock market today live updates | Top Movers on NSE
09:06 (IST) 31 May 2024
Stock market today live updates | NSE Adds EV Index, EV Stocks on Radar
NSE Indices, the index services subsidiary of the National Stock Exchange of India, has launched India’s first electric vehicle index to track the performance of companies within the EV ecosystem. Called the Nifty EV & New Age Automotive Index, it will include companies involved in the development of new-age automotive vehicles and related technologies.
08:33 (IST) 31 May 2024
Stock market today live updates | FII, DII Data
Foreign institutional investors (FII) sold shares worth Rs 3,050 crore, while domestic institutional investors (DII) bought shares worth Rs 3,433 crore on May 30, 2024, according to the provisional data available on the NSE.
08:17 (IST) 31 May 2024
Stock market today live updates | Crude Oil Update
On Friday morning, WTI crude prices are trading at $77.70, down 0.22%, while Brent crude prices are trading at $81.73, down 0.16%.
08:01 (IST) 31 May 2024
Stock market today live updates | US Dollar Update
The US Dollar Index (DXY), which measures the value of the dollar against a basket of six foreign currencies, traded down 0.34% to 104.77.
07:46 (IST) 31 May 2024
Stock market today live updates | Wall Street Update
U.S. stocks ended lower on Thursday, with the Nasdaq falling more than 1% as technology shares led the declines following a disappointing Salesforce forecast. Investors also digested data showing that the economy grew slower than previously expected in the first quarter, reported Reuters. The tech-heavy Nasdaq Composite dropped by 183.50 points, or 1.08%, to close at 16,737.08. The S&P 500 fell by 31.47 points, or 0.60%, to 5,235.48, while the Dow Jones Industrial Average declined by 330.06 points, or 0.86%, to 38,111.48.
Read More: Stock Market Highlights: Markets end higher! Nifty at 22,550, Sensex above 74,000; Realty