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01:14:45 PM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Aurobindo Pharma says FDA completed inspection at Auro Peptides Facility with zero observations

12:58:35 PM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: ITCONS e-Solutions has entered into a service agreement with Wipro

12:55:25 PM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: REC to issue multiple-tenor bonds – bankers

12:17:00 PM IST, 16 February 2024

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

12:14:20 PM IST, 16 February 2024

Potential Rate cuts & investment strategy from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

The higher-than-expected consumer price inflation in the US has pushed back the timeline for rate cuts. But it can happen in H1 of CY25 itself because the Fed takes the PCE (personal consumption expenditure) more seriously in determining rate cuts and PCE is unlikely to indicate high inflation. The spike in CPI has been caused by a disproportionate rise in home rentals. The market is likely to remain resilient amidst volatility. Valuations are excessive in the broader market. Safe investment strategy is to focus on high quality large caps.

12:12:26 PM IST, 16 February 2024

Nikkei charges toward all-time high, dollar under pressure

Japan’s Nikkei charged toward an all-time high on Friday, helped higher by a buoyant Wall Street after a big fall in U.S. retail sales revived the chance of a June rate cut, which in turn weighed on the dollar.

Nikkei surged 1.4% to 38,678 points, just within a whisker of the all-time high of 38,957 points hit in 1989 that marked the peak of Japan’s so called “bubble economy.”

11:49:21 AM IST, 16 February 2024

Atmatsco IPO subscribed 1.80 times so far on day 2. Check price, GMP other details

The initial public offering (IPO) of Atmatsco has been subscribed 1.80 times so far on day 2. The issue received 1.30 crore consolidated share bids as of 11:10 am. Out of this, the retail portion received 11,123,200 share bids, the non-institutional investors’ portion received 18,70,400 share bids while the qualified institutional buyers’ quota got 4,800 share bids.

The issue will close on February 20, Tuesday. The issue is at a fixed price of Rs 77 per equity share. The equity shares will be listed on the NSE Emerge platform.

11:46:21 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Pharma stocks trend higher; NATCO top gainer

11:26:48 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: KPI Green Energy shares hit a 5% upper circuit at Rs 1,479.1 in Friday’s trade on BSE after the company’s subsidiary bagged a 1.5 MW solar power project.

11:23:27 AM IST, 16 February 2024

Stock Market LIVE Updates: Zerodha Fund House launches Zerodha Gold ETF

Zerodha Fund House today announced the launch of its new scheme ‘Zerodha Gold ETF’, an open-ended, simple and low-cost ETF to take exposure to gold in one’s investment portfolio. The scheme opens for public subscription on February 16, 2024, and will close on February 21, 2024. The fund is expected to be listed on NSE and BSE exchanges by 1st March, 2024.

11:27:02 AM IST, 16 February 2024

Stock Market LIVE Updates | Volkswagen and Mahindra sign supply agreement: Mahindra will equip a certain range of its electric platform INGLO with electric components of Volkswagen’s MEB and unified cells

10:59:02 AM IST, 16 February 2024

Stock Market LIVE Updates | Alpex Solar shares hit 5% upper circuit after BofA Securities buys stake

Following the multibagger listing, shares of Alpex Solar hit an upper circuit of 5% at Rs 362.7 in Friday trade after BofA Securities picked up a minority stake in the company through the open market on Thursday.

According to exchange data, BofA bought 2.2 lakh shares at the rate of Rs 337 apiece.

The shares of Alpex Solar delivered 215% returns to its investors so far. The stock was listed on the NSE SME platform on Thursday with a premium of 186%, after which it rallied further to close the day at Rs 345 as against an issue price of Rs 115.

10:45:02 AM IST, 16 February 2024

India bond yields dip marginally, focus stays on debt auction

Indian government bond yields eased in the early session on Friday as U.S. Treasury yields consolidated, with traders not eyeing any major near-term spike and focus shifting back to the central government’s last debt auction for this financial year.

India’s benchmark 10-year yield was at 7.0760% as of 10:00 a.m. IST, following its previous close of 7.0883%.

10:37:01 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Happy Forgings obtained an orderamounted Rs 400 crore for supply of fully machined components for SUVs

10:23:04 AM IST, 16 February 2024

Stock Market LIVE Updates | SBI seeks lower reserve requirement for green deposits, chairman says

The State Bank of India has asked the Reserve Bank of India for a reduction in the cash reserve ratio that needs to be maintained for green deposits, Chairman Dinesh Kumar Khara said on Friday

10:16:18 AM IST, 16 February 2024

Post-listing view of Entero Healthcare Solutions from Shivani Nyati, Head of Wealth, Swastika Investmart

Entero Healthcare Solutions Ltd.’s initial public offering (IPO) witnessed a negative debut, listing at Rs 1228 per share, a 2.33% decline from its issue price of Rs 1258. This underwhelming performance fell short of pre-listing expectations and highlighted certain concerns surrounding the company’s financial health.

Entero has incurred losses in the past three fiscal years, raising concerns about its financial sustainability and profitability. It also faces challenges with negative cash flows from all three major activities, impacting working capital requirements.

While Entero possesses certain strengths, its financial situation calls for a cautious approach, and this stock is best avoided by new investors. Even investors who got allotments through IPO are advised to exit their holdings.

10:07:27 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Entero Healthcare Solutions shares list at 2% discount to IPO price

The shares of Entero Healthcare debuted on the exchanges with a discount on Friday. The stock was listed at Rs 1245 on BSE as against an offer price of Rs 1258, a discount of 1%. Meanwhile, the stock listed at Rs 1228.70, down 2.3% on NSE.

Ahead of the debut, the company’s shares traded flat in the unlisted market.

10:06:12 AM IST, 16 February 2024

TVS Motor crosses 1-lakh crore market cap; at record high

09:59:36 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: RattanIndia Enterprises Drone Company Neosky launches drone training for school children with Narayana Health

09:38:28 AM IST, 16 February 2024

Stock Market LIVE Updates | YES Bank: Global private equity major Carlyle Group on Thursday sold 1.4% stake in private sector lender YES Bank for approximately Rs 1,057 crore.

09:30:56 AM IST, 16 February 2024

Morning view on the market from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

The market has been range bound in recent days due to bouts of selling and buying. During the last 2 days, FIIs sold equity worth Rs 6993 crores in the cash market while DIIs bought equity worth Rs 5173 crores. The trend of FII selling is likely to continue since the 10-year US bond yield is high at 4.24%. The trend of DII buying too is likely to continue since the flows into the DIIs continue to be robust.

The global market construct continues to be favourable with the mother market US remaining resilient with S&P 500 at record highs.

Pockets of overvaluation in the broader market continue to be a worry. Banking stocks are fairly valued. RIL is strong.

09:21:07 AM IST, 16 February 2024

Rupee rises 3 paise to 83.02 against US dollar in early trade.

09:19:49 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Check out the stocks that moved most in morning trade

09:18:56 AM IST, 16 February 2024

Opening Bell: Sensex rallies 350 pts, Nifty reclaims 22,000; Glenmark Pharma, Bank of India rise 4% each

09:09:09 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex rises 350 points; Nifty above 22,020

08:42:21 AM IST, 16 February 2024

Pre-opening view: Prashanth Tapse, Senior VP (Research), Mehta Equities

Market sentiment has significantly improved, reflecting a bullish outlook supported by technical conditions. Bank Nifty’s inclusion in rising sectoral indices, alongside improving asset quality and government focus on fiscal discipline, is notable. Intraday resistance for Bank Nifty is seen at 47100, with Nifty’s crucial resistance at 22000. Call writing at 21900 and 22300 strike prices and notable Put writing at 21900 and 21800 levels suggest a balanced outlook. The Volatility Index has cooled to 15.22 levels, with Nifty’s Put-Call Open Interest Ratio at 1.18. Nifty aims for an all-time high at 22127, backed by dominant bullish sentiment despite concerns over higher interest rates’ impact on economic growth. Noteworthy performances include HDFC Bank’s 2% gain and strong showings from Nifty PSE & Nifty PSU Banks indices, energy/oil & gas majors, and Mahindra & Mahindra. Conversely, Hindustan Unilever hit a 52-week low, while ZEE Entertainment tumbled 6% amid acquisition talks. Recommended trades: Buy Nifty with stop at 21577, targets 22127/22301, and Bank Nifty with stop at 45483, targets 46600/47100. Favorable positions on NTPC, BANK OF BARODA, MARUTI, and GAIL during intraday weakness are suggested, with MARUTI being the top stock pick with targets at 11451/12000 and aggressive targets at 12500, supported by a higher high/low strategy.

08:08:57 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Nikkei charges toward all-time high, dollar under pressure

Japan’s Nikkei charged toward an all-time high on Friday, helped higher by a buoyant Wall Street after a big fall in U.S. retail sales revived the chance of a June rate cut, which in turn weighed on the dollar.

07:51:10 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Dollar steady as traders weigh economic data, yen fragile

The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of economic data and firm expectations of the Federal Reserve cutting rates in June, while the yen traded at the psychologically key 150 per dollar level.

07:50:44 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Oil prices roughly flat as unclear demand scenario weighed

Oil prices meandered on Friday as investors pondered slowing demand forecast by an influential group and weak U.S. retail sales data that sparked optimism about U.S. interest rate cuts.

07:22:00 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Tokyo stocks open higher

Tokyo stocks opened higher on Friday, supported by rallies on Wall Street as investors shrugged off weak retail sales data. The benchmark Nikkei 225 index was up 1.11 percent, or 421.67 points, at 38,579.61 in early trade, while the broader Topix index added 1.02 percent, or 26.55 points, to 2,618.40.

07:20:59 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start

GIFT Nifty on the NSE IX traded higher by 60.5 points, or 0.27 per cent, at 22,088.50, signaling that Dalal Street was headed for positive start on Friday.

07:21:05 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Tech View: Nifty ends above 20-DMA for 3rd day

Nifty today ended 71 points higher above the 21,900-level to form a Doji-type candlestick on the daily chart. Both price and momentum indicators are suggesting continuation of the up move.

07:21:12 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Rupee falls 3 paise against US dollar

The rupee consolidated in a narrow range and depreciated by 3 paise to close at 83.05 against the US dollar on Thursday, tracking a strong American currency and elevated crude oil prices in the international market.

07:21:19 AM IST, 16 February 2024

Sensex Today | Stock Market LIVE Updates: Wall Street ends higher as retail sales slump feeds hopes for rate cuts

U.S. stocks closed higher on Thursday as retail sales data declined more than expected, feeding hopes the Federal Reserve will soon start cutting interest rates in coming months.

07:21:25 AM IST, 16 February 2024

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

The 30-share BSE benchmark Sensex rose 228 points or 0.32% to settle at 72,050. The broader NSE Nifty gained 71 points or 0.32% to end at 21,911.



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