07:49:05 PM IST, 30 April 2024
FPIs turn net buyers for second straight day
Foreign portfolio investors were net buyers at Rs 1,071 crore on Tuesday for second straight day. DIIs, meanwhile, bought shares worth Rs 1,429 crore.
07:15:17 PM IST, 30 April 2024
US stocks open lower on labour costs data; Fed decision on tap
The Dow Jones Industrial Average fell 48.7 points, or 0.13%, at the open to 38,337.4. The S&P 500 fell 12.4 points, or 0.24%, at the open to 5,103.78, while the Nasdaq Composite dropped 62.2 points, or 0.39%, to 15,920.886 at the opening bell.
06:11:59 PM IST, 30 April 2024
SEBI: Asset management cos to put in place mechanism to prevent front running and market abuse
06:07:30 PM IST, 30 April 2024
Tech View: Nifty forms Shooting Star candle. What’s in store for D-Street
Nifty on Tuesday ended about 39 points lower to form a Shooting Star pattern on the daily chart to indicate strong possibility of further weakness from current levels. The short term moving averages are just below the price action and should continue to support the indices on any decline. Support for Nifty is now seen at 22,500 and 22,300-350 levels. On the higher side, the immediate resistance zone is at 22,750-800 levels and the next psychological resistance for Nifty is at 23,000 Mark. Overall, Nifty is likely to remain volatile within 22,300–22,800 range in the near term, said Tejas Shah of JM Financial & BlinkX.
05:52:37 PM IST, 30 April 2024
Sebi allows passive funds to take higher exposure to sponsor group companies at 35%
Foreign funds set up at GIFT city can have 100% contribution from NRIs
05:44:44 PM IST, 30 April 2024
Adani Total Gas Q4 Results: Cons PAT at Rs 168 cr vs Rs 87.9 cr, up 47.4% YoY
Revenue at Rs 1258 crore vs Rs 1197 crore, up 5.1 YoY
05:35:40 PM IST, 30 April 2024
Gravita India Q4 Results: PAT up 8.5% YoY, revenue rises 15.2%
05:34:31 PM IST, 30 April 2024
Castrol Q1: PAT up 6.8% YoY, revenue rises 2.4%
05:33:01 PM IST, 30 April 2024
Asia’s first spot bitcoin and ether ETFs gain in Hong Kong debut
Six spot bitcoin and ether exchange traded funds (ETFs) gained in their Hong Kong debut on Tuesday, with the three bitcoin ETFs climbing more than 2% by midday, reflecting Asian investor enthusiasm for cryptocurrency assets.
05:19:52 PM IST, 30 April 2024
Huawei Q1 Results: Chinese tech giant posts over fivefold rise in profits
Tech giant Huawei’s profits surged over fivefold year-on-year in the first quarter of 2024, a company filing showed Tuesday, as the firm continues a rebound and bit into competitor Apple’s sales in China. Net profit in the January-March period amounted to $2.7 billion, up 564 percent from the first quarter of last year, according to a results filing by Huawei’s holding company on an official website and confirmed by a representative of the firm.
05:12:23 PM IST, 30 April 2024
Central Bank of India Q4 Results: Profit jumps 41% to Rs 807 crore
State-owned Central Bank of India on Tuesday reported a 41% jump in its net profit to Rs 807 crore for the March quarter, helped by a decline in bad loans and a rise in interest income. The Mumbai-based lender had earned a net profit of Rs 571 crore in the year-ago period. During the quarter, the bank’s total income increased to Rs 9,699 crore as against Rs 8,567 crore a year ago, Central Bank of India said in a regulatory filing.
05:10:28 PM IST, 30 April 2024
Euro zone rebounds from recession as inflation steadies
The euro zone economy rebounded in the first quarter from a mild recession as Germany returned to growth and expansion accelerated elsewhere, while inflation steadied to reinforce the case for the European Central Bank to cut interest rates.
05:05:48 PM IST, 30 April 2024
Coca-Cola raises annual sales forecast on global demand, higher prices
Coca-Cola raised its annual organic sales forecast on Tuesday after beating first-quarter revenue and profit expectations as customers shell out more money for the company’s pricey sodas and juices globally. The company is seeing demand in the U.S. surge mainly in the away-from-home category as consumers venturing out for movies and dining are willing to spend on its higher-priced sodas and juices.
04:23:05 PM IST, 30 April 2024
Nifty Bank pares gains after hitting record highs; use dips to buy: Experts
The Nifty Bank hit a fresh record high of 49,974 on Tuesday but pared gains in the last 1 hour of trade. The index fell 27 points to close at 49,396. The Nifty50 also hit a fresh record high in intraday trade but closed marginally in the red.
03:36:16 PM IST, 30 April 2024
Top gainers & losers in closing trade
03:35:06 PM IST, 30 April 2024
Closing Bell: Sensex falls 630 pts from day’s high, ends 189 pts lower; Nifty below 22,600; REC rallies 10%, TechM drops 2%
03:18:28 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Sensex takes U-turn
Index slips into the red amid profit taking in financials
03:13:58 PM IST, 30 April 2024
Stock Market LIVE Updates | Jaiprakash Power Ventures reappoints Suren Jain as MD and CEO
02:52:04 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Q4 Earnings Impact
02:37:58 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Indian Oil Corp Q4 Results
- PAT at Rs 4,838 crore
- Revenue Rs 2.2 lakh crore
- To pay Rs 7 as dividend
02:35:20 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Poonawalla Fincorp Q4 Results
- Highest ever yearly PAT of Rs. 1027 crore in FY24, jumps 83% YoY
- Highest ever quarterly PAT of Rs. 332 crore in Q4FY24, jumps 25% QoQ
- AUM crosses Rs. 25,000 crore
- NNPA down to 0.59%
02:20:26 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | REC Q4 Results
- PAT at Rs 4079 crore vs Rs 3065 crore
- Revenue at Rs 12677 crore vs Rs 10243 crore
- REC declares final dividend of Rs 5 per share
02:20:15 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Symphony recommends final dividend of Rs 8/share
02:18:21 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Top gainers at this hour
02:09:33 PM IST, 30 April 2024
Stock Market LIVE Updates: Nifty hits fresh record high
Nifty surpasses previous peak of 22,775.70
01:57:21 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Prestige, Pheonix Mills top gainers from realty sector today
01:43:36 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Exide Industries names Avik Kumar Roy as MD, CEO
01:43:05 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Exide Industries Q4 Results
- PAT at Rs 284 cr vs profit est. of Rs 272 cr
- Revenue from operations at Rs 4009 cr; revenue est. at Rs 4031 cr
- Dividend of Rs 2 per share declared
01:29:01 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: P&G Health PAT falls in Q4
- PAT at Rs 154 crore vs Rs 165 crore YoY
- Revenue at Rs 1002 crore vs Rs 883 crore YoY
01:02:22 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Sebi approves India IPO of Asirvad Micro Finance
Asirvad Micro Finance was acquired by Manappuram Finance, whose shares rose 4% following this announcement
12:41:10 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: RHI Magnesita India announced the appointment of Azim Syed as the company’s Chief Financial Officer and Chief Investor Relations Officer, effective from May 1, 2024. This move aims to bolster the company’s financial management and investor relations functions, as stated in their official statement.
12:31:48 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Star Health Insurance records PAT growth of 37% to Rs 845 crores in FY24
12:30:36 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: NHPC signed MoU with Ocean Sun for implementation of floating solar energy technology in India
12:08:56 PM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | BLOCK DEAL: 46.3 lakh shares of Nykaa change hands
12:05:42 PM IST, 30 April 2024
Should Nifty bulls ‘sell in May and go away’, not return until election result day?
With Nifty hitting a hat-trick of three consecutive months of positive returns in April, nervousness is increasing on Dalal Street with naysayers reminding investors of the ‘Sell in May and go away’ trading strategy.
11:57:35 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Top 5 losers from the IT sector
11:45:46 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Chalet Hotels gets tax order for demand at Rs 19 lakh
11:35:12 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Artson Engineering receives purchase order worth Rs. 7.11 crores; stock rises 5%
11:13:09 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | M&M in focus
M&M shares hit fresh lifetime high; stock rises over 4%
11:10:28 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Orient Cement commissions 2nd phase of waste heat recovery system at Chittapur integrated cement plant
11:04:54 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Kings Infra Ventures enters into agreement withICAR-CIFT for technology transfer
10:48:25 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Sensex reclaims 75,000 level!
Sensex rises over 300 points, regains 75K mark.
10:38:36 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Top auto gainers today
10:15:37 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Granules India gets ANDA approval for Colchicine Capsules
10:01:29 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: JNK India shares debut at 50% premium over issue price
JNK India made its highly anticipated debut on the National Stock Exchange (NSE) on Tuesday, commanding a substantial premium of 49.6%. The stock opened at Rs 621, a significant jump from its issue price of Rs 415. Similarly, on the Bombay Stock Exchange (BSE), it began trading at Rs 620, reflecting a 49.4% premium.
10:00:54 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | NEW LISTINGS ALERT
- JNK India: Lists at 50% premium | BSE – Rs 620 (Up – Rs 205 or 49.4%) | NSE – Rs 621 (Up -Rs 206 or 49.6%)
- Varyaa Creations: Lists at 90% premium | BSE – Rs 285 (Up – Rs 135 or 90%)
- Shivam Chemicals: Lists at 9% premium | BSE – Rs 48 (Up – Rs 4 or 9.1%)
- Emmforce Autotech: Lists as 90% premium | BSE – Rs 186.2 (Up – Rs 88.2 or 90%)
09:48:30 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: RattanIndia Power says REC has filed application against co under section 7 of IBC Code
09:47:33 AM IST, 30 April 2024
Stock Market LIVE Updates | EYE ON EARNINGS: IOC, Adani Energy, Adani Total Gas to announce Q4 results today
09:47:26 AM IST, 30 April 2024
Sensex Today | Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
This bull market is remaining resilient despite headwinds, and is slowly gathering momentum despite high valuations. A significant feature of the ongoing bull run is that the FIIs are consistently being outsmarted by the DIIs and retail investors. Every time the US bond yields go up, particularly when the 10-year yield rises above 4.5%, the FIIs have been selling. But the DII plus retail buying has been completely overwhelming the FII selling, forcing the FIIs to buy the same stocks they sold earlier at higher prices later. Also, the short covering by FIIs have contributed substantially to the recent surge in the market. Despite the big FII selling this month, Nifty is up by 700 points from the April 18th lows. The takeaway from this trend is that the bulls are calling the shots in this market and, therefore, every dip will be bought.
09:39:14 AM IST, 30 April 2024
Stock Market LIVE Updates | Indian apparel retailer Trent’s stock surged 6% after the company reported a five-fold jump in quarterly profit on Monday, its third straight quarter of triple-digit profit growth, as it opened more of its lower-priced Zudio brand of stores.
09:21:46 AM IST, 30 April 2024
Stock Market LIVE Updates | BLOCK DEAL: SBFC Finance’s 5.6% equity traded; stock drops 3%
09:19:37 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates | Indian Oil, UCO Bank among most active stocks in morning trade
09:18:36 AM IST, 30 April 2024
Opening Bell: Sensex rises over 100 pts, Nifty nears 22,700; M&M gains 2%, Tata Chem drops 3%
09:08:13 AM IST, 30 April 2024
Forex Alert | Rupee falls at open
Rupee falls 4 paise to 83.49 against US dollar in early trade
09:07:36 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex rises over 150 points; Nifty above 22,680
08:53:09 AM IST, 30 April 2024
Sensex Today | Stock Market View: Prashanth Tapse, Senior VP (Research), Mehta Equities
Yesterday, Nifty surged by 1% after a bullish opening, with Bank Nifty leading the charge, up 2.54%. Private banks like ICICI Bank, IndusInd Bank, and AXIS Bank saw significant gains. Today, the outlook remains positive with factors like net buying by FIIs and DIIs, WTI oil slipping below $83 a barrel, and anticipation of a pre-election rally. Focus shifts to the FOMC meeting decision on May 1 and the April jobs report on May 3. Corporate India’s Q4 results are coming in, with NMDC raising ore prices, Poonawalla Fincorp reporting robust profits, and Tata Chemicals facing losses. Preferred trades on Nifty and Bank Nifty are outlined, along with bullish recommendations on select stocks. The one stock to buy right now is IRCTC, with momentum play investments in mind.
08:50:58 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: RattanIndia Power says REC has filed application against co under section 7 of IBC Code
- Co strongly disputes eligibility and entitlement of REC to seek initiation of proceedings against it
- Co will be pursuing legal remedies in the matter
08:49:22 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | ANTIQUE ON TRENT
• Upgrade to Buy from Hold; Hike target price to Rs 4876 from Rs 3771
• All round outperformance warrants earnings upgrade and re-rating
• Robust revenue growth at a healthy 37% on a 5-year CAGR basis
• Gross margin expansion drove profitability
• Accelerated store expansion continues
• Raise EBITDA estimates by 22%/35% for FY25/26
• Expect strong growth driven by aggressive store expansion of Zudio and improvement in profitability due to operating leverage
Source: ET NOW
08:49:06 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | BERNSTEIN ON ULTRATECH
• Maintain Market-perform; hike target price to Rs 9,006 from Rs 8,899
• Decent numbers, management confident of profitability improvement
• EBITDA per tonne- better than our estimates and management confident of a rise
• Still see risks to cement price sustenance (also considering the big supply), but keep an eye on consolidation
Source: ET NOW
08:48:26 AM IST, 30 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | GOLDMAN SACHS ON KPIT TECH
• Maintain Buy; hike target price to Rs 1,900 from Rs 1,850
• Investing excess margin for share gain in fast growth end market
• Like KPIT’s exposure to the fast growing Auto software end market
Source: ET NOW
