Stock Market highlights | Share Market highlights - Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 9 August 2024

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  • August 09, 2024 16:10

    Stock Market live news: Global stocks rally drives Sensex, Nifty higher by 1%; RIL, Infosys lead rebound

    Benchmark equity indices Sensex and Nifty rebounded 1 per cent each on Friday following buying in blue-chips such as Reliance and Infosys amid a rally in global equity markets.

    The 30-share BSE Sensex bounced back 819.69 points or 1.04 per cent to settle at 79,705.91 with 28 of its constituents closing in green and two in red. The index opened higher amid gains in Asian markets and later surged 1,098.02 points or 1.39 per cent to hit a high of 79,984.24.

    The NSE Nifty soared 250.50 points or 1.04 per cent to 24,367.50. During the day, it rallied 302.75 points or 1.25 per cent to 24,419.75.

    Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,626.73 crore on Thursday, according to exchange data. Global oil benchmark Brent crude climbed 0.03 per cent to $79.18 a barrel.

    The BSE benchmark declined 581.79 points or 0.73 per cent to settle at 78,886.22 in a volatile trade on Thursday. During the day, it tumbled 669.07 points or 0.84 per cent to 78,798.94.

    After a day’s breather, the NSE Nifty retreated to settle lower by 180.50 points or 0.74 per cent to 24,117. During the day, it tanked 217.8 points or 0.89 per cent to 24,079.70.

  • August 09, 2024 15:43

    Stock Market live news: Tata Motors receives an order from Deputy Commissioner of State Tax

    Tata Motors has received an order from Deputy Commissioner of State Tax, Adjudication 2, Ernakulam, levying penalty of ₹6,18,852 on account of excess availment of input tax credit under section 73 of the CGST/ SGST Act, 2017.

  • August 09, 2024 15:36

    Stock Market live news: Top losers today

    HDFC Life (-1.09%), Kotak Mahindra (-0.16%), Maruti (-0.12%), Sun Pharma (-0.10%)

  • August 09, 2024 15:36

    Stock Market live news: Top gainers today

    Eicher Motors (5.68%), ONGC (3.05%), Shriram Finance (2.88%), Tata Motors (2.81%), Tech Mahindra (2.63%)

  • August 09, 2024 15:34

    Stock Market live news: BSE Sensex closed at 79,705.91, higher by 819.69 pts or 1.04%, and Nifty 50 ended at 24,367.50, up 250.50 pts or 1.04%

  • August 09, 2024 15:24

    Stock Market live news: MMTC release their Q1 FY24-25 results

    MMTC recorded its standalone net profit for the quarter ended June 2024 at ₹31.61 crore as against ₹2.82 crore in the corresponding quarter last year.

    Stock trades flat at ₹100.35 on the NSE.

  • August 09, 2024 15:23

    Stock Market live news: Engineers India release their Q1 FY24-25 results

    Engineers India recorded its standalone net profit for the quarter ended June 2024 at ₹54.77 crore as against ₹113.62 crore in the corresponding quarter last year.

    Stock declined by 1.69% on the NSE, trading at ₹224.30

  • August 09, 2024 15:22

    Stock Market live news: Wockhardt release their Q1 FY24-25 results

    Wockhardt recorded its standalone net profit for the quarter ended June 2024 at ₹6 crore as against net loss of ₹115 in the corresponding quarter last year.

    Stock surges 4.68% on the NSE to trade at ₹965.

  • August 09, 2024 15:08

    Stock market live news: Top gainers and losers on NSE at 3 pm

    Top gainers:

    Eicher Motors (5.46%), ONGC (3.22%), Tech Mahindra (2.78%), Tata Motors (2.43%), Shriram Finance (2.28%)

    Top losers:

    HDFC Life (-1.03%), Kotak Mahindra (-0.25%), Britannia (-0.09%), Sun Pharma (-0.01%)

  • August 09, 2024 15:08

    Stock market live today: 2,304 stocks advance, 1,561 decline on BSE at 3 pm

    Stocks advanced on BSE at 3 pm on August 9, 2024, were 2,304 against 1,561 stocks that declined; 122 stocks remain unchanged. Total stocks traded were 3,987. The number of stocks that recorded a 52-week high was 235, and those that hit a 52-week low was 28. 

    In addition, 276 stocks traded in upper circuit and 219 stocks hit the lower circuit.

  • August 09, 2024 15:04

    Stock market live today: Coffee Day stock plunges as it faces insolvency after NCLT admits creditor’s petition

    The shares of Coffee Day Enterprises Limited were trading at ₹46.49, down by 2.58 points (5.26 per cent) on NSE at 2 pm on Friday.

    On Thursday, Coffee Day Enterprises Limited (CDEL) disclosed that the National Company Law Tribunal (NCLT) in Bengaluru has admitted an application filed by IDBI Trusteeship Services Limited against the company. The application, filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiates the Corporate Insolvency Resolution Process (CIRP) for a sum of ₹ 2,28,45,74,180.

  • August 09, 2024 14:51

    Stock market today: Noida Toll Bridge Company has appointed Amit Agarwal as Chief Financial Officer and Key Managerial Personnel of the Company with immediate effect.

  • August 09, 2024 14:51

    Stock market live today: Berger Paints reports ₹305.52 crore profit, stock trades flat

    Berger Paints (I) recorded its standalone net profit for the quarter ended June 2024 at ₹305.52 crore as against ₹326.32 crore in the corresponding quarter last year.

    Stock trades flat ₹519.50 on the NSE.

  • August 09, 2024 14:43

    Stock market updates: The merger of HDFC with HDFC Bank has strengthened the pathway for future growth: Atanu Chakraborty, Part-Time Chairman & Independent Director, HDFC Bank.

  • August 09, 2024 14:43

    Stock market live today: Shrikant Chouhan, Head Equity Research, Kotak Securities, on markets

    The Nifty-50 Index and Sensex declined around 1.5% each in the past week, while the mid-cap index lost around 1.3% and small-cap index lost 2% underperforming large-caps. Market focus has swiftly moved on from the Union Budget, unveiled in the week, to the ongoing QFY25 earnings season and global factors. The market performance was impacted by a confluence of global factors, such as (1) a sharper-than-expected weakening of the US labor markets, (2) a sharp appreciation of USD-JPY, resulting in the unwinding of Yen carry trades globally and (3) increase in geo-political tensions in the Middle East.

    Sectoral indices were largely negative a week-on week basis except for Nifty FMCG, Pharma and Media. Sectoral indices like Capital goods, Consumer Durable, Auto, Metal, Reality, Power and oil and gas list between 1 to 3%. While Bank Nifty was also weak falling around 1.5% during the week. Within the Nifty Index, Cipla (+3.1%), Eicher Motors (+2.4%) and JSW Steel (+1.6%) gained the most, while Titan (-4.4%), Hindalco (-4.3%) and Asian Paints (-4.3%) lost the most. Meanwhile, FPIs were net sellers and DIIs were net buyers in the same period. On the economy front, the RBI kept rates unchanged while broadly retaining its FY2025 growth (7.2%) and CPI inflation (4.5%) projections. Going forward, D-street will focus on the macro trends, inflation and global situation including geo-political concerns.

    In Global news, in US, the Federal Reserve has indicated a cut in the bank interest rates before September and has expressed concern about the sudden unemployment jump and stagnant consumer spending. The US labour market cooled more than expected in July, adding 114,000 jobs as the unemployment rate rose. Benchmark 10-year Treasury, a crucial barometer for expectations on the US economy, fell below 4 per cent for the first time in six months. In Europe, German yields came down to the lowest in seven months on the speculation that the European Central Bank might follow the Fed and announce deeper interest-rate cuts. On the data front, final July inflation prints are expected from Germany and Italy. In Asia, China’s consumer prices rose by a more-than-expected 0.5% in July from a year ago, according to data from the National Bureau of Statistics on Friday.

  • August 09, 2024 14:34

    Stock market live today: Manish Mehta, National Head - Sales, Marketing & Digital Business, Kotak Mahindra AMC, on markets

    “Net equity flows were a tad lower compared to June. The inflow could be attributed to NFO listing and SIP inflows. Most of the lumpsum purchase seem to be through the NFO route”

  • August 09, 2024 14:32

    Stock market live news: AMFI Data by Pankaj Shrestha, Head - Investment Services, PL Capital - Prabhudas Lilladher

    “In July 2024, equity inflows declined by 9% to Rs 37,113.39 crore, yet the positive trend continues for 41 months, reflecting strong investor confidence. Sectoral/thematic funds contributed Rs 18,386.35 crore, while Multi-cap funds attracted Rs 7,084.61 crore, indicating a shift in investor preference towards categories with higher alpha potential.”

  • August 09, 2024 14:27

    Stock market live updates: Stocks to hit 52-week highs today

    Majority of stocks that hit a 52-week high on the NSE 

    Trent (10.24%), Orchid Pharma (9.55%), Suzlon (4.99%), MCX (4.91%), Oil India (4.85%)

  • August 09, 2024 14:13

    Stock market live today: Trent shares jumped 10.39% to trade at ₹6,230.55 post Q1 results.

  • August 09, 2024 14:12

    Share market live today: Comment on AMFI numbers by Hitesh Thakkar, Acting CEO, ITI Mutual Fund

    “I am very excited to know that mutual fund industry is growing rapidly. In July ‘24, the industry AUM reached to 64.97 lakh crs as against Rs.61.16 lac crores in June, ‘24, increased by 3.81 lakh crs, out of which Equity AUM increased by Rs. 2.37 lakh crs. The major net inflow of Rs.18,386 crs was in Hybrid category. We feel retail investors are now understanding that volatility is part of long-term wealth creation journey. The share of financial assets has been increasing rapidly and within financial assets, mutual fund market share is relatively high. Mutual fund plays a key role in enabling wealth creation for individual investors and providing tools for long term financial planning. I am sure that mutual fund industry will surpass milestone trillion AUM and 100 million Investors in next 3 to 4 years’ time.”

  • August 09, 2024 13:34

    Stock market live today: Goldiam International stock surged 5.60% on the NSE, trading at ₹204.55 on Q1 performance.

  • August 09, 2024 13:30

    Stock market live today: Info Edge records ₹232.29 crore standalone net profit for Q1, stock trades flat at ₹6,973.45 on NSE

    Info Edge (India) recorded its standalone net profit for the quarter ended June 2024 at ₹232.29 crore as against ₹199.90 crore in the corresponding quarter last year.

    Stock trades flat on the NSE at ₹6,973.45.

  • August 09, 2024 13:16

    Stock market live today: Aayush Rathi appointed as Senior Vice President - Revenue Growth Strategy at Info Edge

    Info Edge (India) has appointed Aayush Rathi as Senior Vice President - Revenue Growth Strategy in Revenue Growth Naukri with effect from August 12, 2024.

  • August 09, 2024 13:09

    Stock market live today: Granules India secures US FDA approval for Trazodone tablets

    Granules India Limited announced today that the US Food & Drug Administration (FDA) has approved its Abbreviated New Drug Application for Trazodone Hydrochloride Tablets USP in 50 mg, 100 mg, 150 mg, and 300 mg strengths. The tablets are bioequivalent to Pragma Pharmaceuticals’ Desyrel Tablets and are indicated for treating major depressive disorder in adults.

  • August 09, 2024 13:03

    Stock market live today: Sinclairs Hotels to expand into North India with acquisition of two properties in Rajasthan

    Sinclairs Hotels board has approved acquisition of two new properties in Rajasthan on lease – Sinclairs Palace Retreat Udaipur and Sinclairs Udaipur, marking the first footsteps of the Company in North India.

    Stock declines 2.09% on the BSE to trade at ₹100.95

  • August 09, 2024 12:46

    Stock market live today: Top gainers of Nifty auto stocks

    Eicher Motors (5.98%), Tata Motors (3.04%), Exide Industries (2.72%), Tata Motors DVR (2.55%), Ashok Leyland (2.31%)

  • August 09, 2024 12:36

    Stock market live today: Thomas Cook announces launch of AI-powered platform for bookings

    Thomas Cook (India) Limited has announced the launch of an AI-powered platform for bookings.

    Stock rises 1.38% on the NSE, trading at ₹209.95.

  • August 09, 2024 12:32

    Stock market live today: Ashoka Buildcon subsidiary completes NHAI project, stock up 1.12% on NSE

    Ashoka Kandi Ramsanpalle Road Private Limited (SPV), wholly-owned subsidiary of Ashoka Buildcon, has completed the NHAI Project Four laning of NH-161 from Kandi (Design Km 0.000) (Km 498.250 of NH-65) to Ramsanpalle (Design Km 39.980/Existing Km 44.757) (Design Length = 39.980 Km) in the State of Telangana under Bharatmala Pariyojna on Hybrid Annuity Mode.

    Ashoka Buildcon stock is up 1.12% on the NSE, trading at ₹239.95.

  • August 09, 2024 12:31

    Stock market live today: Tata Chemicals to issue 1,70,000 NCDs worth ₹1,700 crore, stock rises 1.24%

    Tata Chemicals board has decided the terms of issue of NCDs: 1,70,000 NCDs of face value ₹1,00,000 each aggregating to ₹ 1,700 crore.

    Tata Chemicals stock rises 1.24% on the BSE, trading at ₹1,034.55

  • August 09, 2024 12:20

    Stock in focus: Coffee Day Enterprises drops 3.93% as NCLT admits IDBI’s insolvency plea for ₹228 cr

    Coffee Day Enterprises stock fell 3.93% on the BSE, trading at ₹47.16. Company had said that the application filed by IDBI Trusteeship Services Ltd against the company in National Company Law Tribunal (NCLT), Bengaluru, has been admitted under Section 7 of Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP) for ₹2,28,45,74,180. Further, the company is planning to take the required legal action in this regard, it said.

  • August 09, 2024 12:18

    Stock market live updates: Utkarsh Small Finance Bank stock flat at ₹48.80 after capital increase approval

    Utkarsh Small Finance Bank stock trades flat at ₹48.80 on the NSE on receipt of approval to increase the authorised capital from ₹1,500 crore to ₹2,000 crore.

  • August 09, 2024 12:17

    Stock in Focus: Oil India shares surge 5.74% on the NSE, trading at ₹648.05 on Q1 results.

  • August 09, 2024 12:16

    Stock market live today: Spandana Sphoorty approves ₹50 cr NCD issue; stock rises 1.24% on NSE

    Spandana Sphoorty Financial’s board has approved the issuance of NCDs of face value of ₹1 lakh each for an amount aggregating to ₹50 crore on private placement basis. 

    Stock is up 1.24% on the NSE, trading at ₹602.65.

  • August 09, 2024 12:07

    Stock market today: Zydus Lifesciences has received final approval from USFDA for Valbenazine Capsules. Stock trades flat at ₹1,289.60 on the NSE.

  • August 09, 2024 12:07

    Stock market live today: Top gainers and losers on NSE at 12 pm

    Top gainers:

    Eicher Motors (4.78%), Grasim (3.35%), Shriram Finance (2.95%), Tata Motors (2.82%), HCL Tech (2.60%)

    Top losers:

    Hindustan Unilever (-0.32%), Asian Paints (-0.30%), HDFC Life (-0.22%), Bajaj Auto (-0.07%), Titan (-0.01%)

  • August 09, 2024 12:02

    Share market live today: 2,429 stocks advance, 1,312 decline on BSE at 12 pm

    Stocks advanced on BSE at 12 noon on August 9, 2024, were 2,429 against 1,312 stocks that declined; 137 stocks remain unchanged. Total stocks traded were 3,878. The number of stocks that recorded a 52-week high was 212, and those that hit a 52-week low was 20. 

    In addition, 237 stocks traded in upper circuit and 202 stocks hit the lower circuit.

  • August 09, 2024 11:59

    Stock market live news: Granules India gets USFDA approval for Trazodone Hydrochloride Tablets, stock up

    Granules India Limited has received USFDA’s Abbreviated New Drug Application (ANDA) approval for Trazodone Hydrochloride Tablets USP, 50 mg, 100 mg, 150 mg, and 300 mg.

    Stock rises 1.84% on the NSE, trading at ₹664.85.

  • August 09, 2024 11:57

    Share market live news: Here are top gainers of Nifty IT stocks

    Top gainers of Nifty IT stocks:

    Mphasis (3.43%)

    HCL Tech (2.70%)

    Persistent Systems (2.24%)

    Tech Mahindra (2.15%) 

    TCS (1.72%)

  • August 09, 2024 11:46

    Stock market live today: Godrej Properties wins GNIDA e-auction with ₹842 crore bid, stock rises

    Godrej Properties Ltd emerged as highest bidder in an e-auction conducted by the Greater Noida Industrial Development Authority (GNIDA) for Residential Group Housing Plots, where GPL has emerged as the highest bidder for 2 land parcels with a total combined bid value of ₹842 crore, according to the e-tendering portal of SBI.

    Godrej Properties stock is up 2.21% on the NSE, trading at ₹2,940.

  • August 09, 2024 11:33

    Stock in focus: Suzlon stock rises 2.17% on the NSE, trading at ₹74.50.

  • August 09, 2024 11:33

    Stock in focus: Biocon shares trade at ₹335.85 on the NSE, down by 0.97% on Q1 results.

  • August 09, 2024 11:32

    Stock in focus today: Ola Electric jumps 18% at 89.65 after opening flat at IPO price as Rs 76

  • August 09, 2024 11:31

    Stock market live today: IDBI Bank employees protest sale, call for DIPAM to ensure government retains majority stake

    The United Forum of IDBI Officers and Employees has urged the Department of Investment and Public Asset Management (DIPAM) to take up with the Centre the issue of the proposed sale of IDBI Bank to private/foreign players and ensure its share in the bank doesn’t come below 51 per cent. It raised a charter of demands in a memorandum submitted to the DIPAM on Thursday. Earlier, constituents All-India IDBI Officers Association and All-India Industrial Development Bank Employees Association held a dharna in front of Jantar Mantar, New Delhi, as part of protests as far back as 2021 against the Centre’s move.

  • August 09, 2024 11:19

    Stock market live today: Cellecor Gadgets: BREAKOUT

    Company’s shares have given an 8-month breakout today.

  • August 09, 2024 11:18

    Stock market live today: Tega Industries: CAPACITY EXPANSION

    Company has approved the augmentation of its shop floor capacity at the manufacturing facility located in Dahej, Gujarat. BoD has sanctioned an amount of approximately INR 29.3 Cr as capital expenditure for this project. The expansion will be completed over a period of 15 months and will be financed through internal accruals. Company currently has an existing shop floor area of 20,000 square meters, with a proposed capacity addition of 6,000 square meters.

  • August 09, 2024 11:18

    Stock market live today: Annapurna Swadisht: BULK DEAL

    Ajay Shiv Narayan Upadhyaya bought 1.6L shares at INR 340/share, aggregating to INR 5.4 Cr.

  • August 09, 2024 11:18

    Stock market live today: NDR Auto Component: GOOD TO EXCELLENT RESULTS

    For the quarter ending Jun-24, Sales up 34% YoY from INR 128 Cr in Jun-23 to INR 171 Cr in Jun-24. Similarly, Net Profit up 50% from INR 8 Cr to INR 12 Cr. On a QoQ basis, Sales down 3% and Net Profit remained flat.

  • August 09, 2024 11:17

    Stock market live today: Today’s IPO Listed Performance

    OLAELEC

    NSE: ₹ 76.00

    BSE: ₹ 75.99

    Issue Price: ₹ 76.00

    Net Change: ₹ 0.00

    %Change: Nil

  • August 09, 2024 11:16

    IPO Watch: Shivani Nyati, Head of Wealth, Swastika Investmart on Ola Electric Mobility listing

    Ola Electric Mobility Ltd., the electric vehicle pioneer, made a its debut on the stock market, listing at its issue price of Rs. 76 per share. This flat performance, coupled with a mere 4.45 times subscription, underscores the challenges the company faces in gaining investor confidence.

    While Ola Electric’s vision for the EV market is ambitious, the company’s current financial performance, marked by consistent losses, and the highly competitive landscape have tempered investor enthusiasm. The negative grey market sentiment prior to listing further reflected these concerns.

    The flat listing highlights the need for Ola Electric to demonstrate a clear path to profitability and navigate the complexities of the EV market effectively. Investors are suggested to exit and book a minor profit, but those who want to take risks may hold their position by keeping a stop loss below 70.

  • August 09, 2024 11:13

    Stock market live today: Kirloskar Ferrous and ISMT commence operations as a merged entity

    Kirloskar Ferrous Industries Limited (KFIL) and Indian Seamless Metal Tubes Limited (ISMT) announced that they will commence operations as a merged entity on August 9, 2024.

    This merger marks a significant milestone in KFIL’s strategic growth plan. The consolidation aims to leverage synergies, enhance operational efficiency, and create long-term value for all stakeholders. The merged entity will benefit from an expanded product portfolio, increased market reach, and improved financial strength.

  • August 09, 2024 11:00

    Stock in Focus: NBCC bags ₹15,000 crore contract for satellite township development in Srinagar; stock Jumps 7.33%

    NBCC (India) has secured contract from Srinagar Development Authority for the development of satellite township spread over 406 acres at Rakh-e-Gund Akshah, Bemina, Srinagar ( J&K). The contract is worth ₹15,000 crore.

    Stock jumps 7.33% on the NSE, trading at ₹181.47

  • August 09, 2024 10:55

    Stock market live today: Bank Nifty prediction today – Aug 9, 2024: Resistance ahead for the index

    Bank Nifty began today’s session with a gap-up at 50,612 versus yesterday’s close of 50,157. It slightly dipped after opening and is currently at 50,580, up 0.85 per cent at the end of the first hour of today’s trade.

    All 12 stocks in the index are in the green led by IDFC First Bank, gaining 1.6 per cent. This is followed by Federal Bank, which has advanced 1.4 per cent. 

  • August 09, 2024 10:53

    Stock market live news: GRSE Q1 FY25 PAT grows 13% YoY to ₹87 crore; revenue surges 34%

    Defence PSU Garden Reach Shipbuilders & Engineers Limited (GRSE) posted a year-on-year (Y-o-Y) growth of 13 per cent in Profit After Tax (PAT) to ₹87 crore for the first quarter of FY25 as against ₹77 crore for the same period in FY24.

    The GRSE, however, had reported PAT at ₹112 crore in Q4 of FY 24.

  • August 09, 2024 10:53

    Stock market live news: GAIL and RRVUNL partner to optimise gas-based power plants, eyeing 1,000 MW solar projects

    In a significant development, state-run GAIL said on Thursday that it has signed a MoU with Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL) to explore the possibility of transferring RRVUNL’s two gas-based power plants to a proposed joint venture company (JVC).

  • August 09, 2024 10:52

    Stock market live news: Berger Paints enhances network connectivity with HPE Aruba’s SD-WAN solution

    Hewlett Packard Enterprise (HPE) has announced that Berger Paints has selected HPE Aruba Networking EdgeConnect SD-WAN solution to optimise its wide area network (WAN) connectivity across its 160 branches in India, including data centres, disaster recovery sites, and headquarters.

  • August 09, 2024 10:52

    Stock market live news: Bayer CropScience reports 22.6% drop in Q1 net profit amid lower revenues

    Bayer CropScience Limited has reported a 22.6 per cent drop in net profits for the June quarter on lower revenues. The company reported a net profit of ₹254.2 crore for the quarter that ended June 2024 over the same period as last year’s ₹328.5 crore.

    Revenue from operations were down 6 per cent at ₹1631.2 crore, compared to ₹1739.6 crore in the corresponding period last year. Profit before tax for the quarter stood at ₹315.8 crore, compared to ₹406.1 crore in the corresponding quarter of the previous financial year.

  • August 09, 2024 10:51

    Stock market live news: Nitco sells 4-acre land parcel in Mumbai to Runwal for ₹232 crore

    Nitco Ltd has sold a prime land parcel located in Kanjurmarg East to Runwal for ₹232 crore. The land parcel, spanning 16,250 square meters or four acres, is a strategic asset with significant potential, the company said.

  • August 09, 2024 10:50

    Stock market live today: Jindal Steel reduces dependence on Australian coking coal by over 50%

    Naveen Jindal-promoted Jindal Steel, one of the largest steel producers in the country, will strategically diversify its coking coal sources to reduce geographical risks and cost pressures. The company will decrease its reliance on Australian coking coal imports while procuring from other regions across Africa and Southeast Asia.

  • August 09, 2024 10:48

    Stock market live updates: Nifty Prediction Today – August 09, 2024: Lacks follow-through rise. Go short on a break below the immediate support

    Nifty 50 is trading higher. The index touched a high of 24,419 at the opening trades and has come down slightly from there. It is currently trading at 24,370, up 1 per cent. The advances/declines ratio is at 47:3. This is positive. If this trend sustains, then it can aid Nifty to get a decisive rise and close above 24,400 today. We will have to wait and see.

  • August 09, 2024 10:47

    Currency market updates: Rupee rises 8 paise to 83.89 against US dollar in early trade

    Rupee appreciated 8 paise to 83.89 against US dollar in early trade on Friday, supported by a positive trend in domestic equities and a decline in the US dollar index.

    Forex traders said post the Reserve Bank of India’s monetary policy announcement, markets now await for US CPI data, India CPI, WPI and IIP data and India’s trade data all scheduled to be released next week.

  • August 09, 2024 10:46

    Stock market live today: JSW Steel stock rises after reporting 9% growth in July crude steel production

    JSW Steel, in a press release, announced a 9 per cent year-over-year increase in its consolidated crude steel production for July 2024, reaching 22.15 lakh tonnes. The company’s India operations saw a 13 per cent growth, producing 21.40 lakh tonnes of crude steel.

  • August 09, 2024 10:36

    Sensex Today: Top gainers, losers at 10.30 a.m.

    Top gainers on the BSE as at 10.30 am: 

    AIIL (13.01%), Edelweiss (8.79%), Kfin Tech (8.29%), Avanti Feeds (6.89%), ITD (5.89%) 

    Top losers: 

    Bayer Corp (-5.35%), MTNL (-4.81%), IFCI (-4.66%), JP Power (-4.35%), Timken (-4.24%)

  • August 09, 2024 09:55

    Stock market live today: Researchbytes Events Update As of 07:34 AM Friday 09 August 2024

    8:30 AM Life Insurance Corpn Of India

    (Annual Report)

    Dial: +91 22 6280 1281

    Weblink:

    9:30 AM Sansera Engineering

    Dial: +91 22 6280 1304

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    10:00 AM Greaves Cotton

    (Results, Investor/Analyst Presentation, Press Release )

    Dial: +91 22 6280 1141

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    10:00 AM Healthcare Glob

    Dial: +91 22 6280 1309 

    Weblink

    11:00 AM Sandhar Technol

    Dial: +91 22 6280 1116

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    11:00 AM Shilpa Antibiotics .

    Dial: +91 22 6280 1130

    11:00 AM Oil India

    Dial: +91 22 6280 1342

    Weblink

    11:00 AM ABB India

    Dial: +91 22 6280 1376 

    Weblink

    11:00 AM Prudent Corpora

    Dial: +91 22 7115 8125

    Weblink

    11:30 AM NOCIL

    Dial: +91 22 6280 1309

    Weblink

    11:30 AM Ajmera Realty

    Dial: 044 4770 2442

    12:00 PM SAIL

    No Contact Available

    Please check again for details @ www.researchbytes.com 

    12:00 PM Galaxy Surfacta

    Dial: +91 22 6280 1309

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    12:00 PM Garware Hi-Tech

    Dial: +91 22 6280 1553

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    12:30 PM Filatex India

    Dial: +91 22 6280 1563

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    12:30 PM Cont Corp

    Dial: +91 22 62801384

    1:00 PM Oriental Aromatics

    (Annual Report)

    Dial: +91 22 6280 1341

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    (Hosted by Valorem)

    2:00 PM JB Chem

    Dial: +91 22 6280 1141

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    2:00 PM NDR Auto Compon

    (Investor/Analyst Presentation)

    Dial: +91 22 6280 1141

    2:00 PM Birla Corp

    Dial: +91 22 6280 1458 

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    2:00 PM Global Health

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  • August 09, 2024 09:42

    Stock market live today: JSW Steel’s July crude steel output up 9% YoY; stock rises 1.14% on NSE

    JSW Steel reported consolidated Crude Steel production for the month of July’24 at 22.15 Lakh tonnes. The total Crude Steel production was higher by 9% YoY. 

    Stock rises 1.14% on the NSE, trading at ₹897.65.

  • August 09, 2024 09:41

    Stock market live today: Maharashtra GST Department initiates inspection at Excel Industries’ registered office; stock trades flat

    Excel Industries informed that inspection and search have been initiated by Maharashtra Goods & Service Tax Department, Investigation B, Mumbai on August 8, 2024, under section 67 of the Maharashtra Goods & Service Tax Act, 2017, at our registered office situated at 184-87, S. V. Road, Jogeshwari West, Mumbai-400102.

    Excel Industries stock trades flat at ₹1,419.90.

  • August 09, 2024 09:40

    Stock market live today: HCLTech’s software division to acquire Zeenea; stock rises 2.26% on NSE

    HCLSoftware, the software business division of HCLTech, has announced its intent to acquire Zeenea, an innovator in data catalog and governance solutions based in Paris, France.

    HCLTech stock rises 2.26% on the NSE, trading at ₹1,593.10.

  • August 09, 2024 09:39

    Stock market live today: Eicher Motors shares were up 4% on the NSE, trading at ₹4,759.90 after its Q1 results.

  • August 09, 2024 09:39

    Stock market live today: Nitco sells 4-acre land parcel in Mumbai to Runwal for ₹232 crore

    Nitco Ltd has sold a prime land parcel located in Kanjurmarg East to Runwal for ₹232 crore. The land parcel, spanning 16,250 square meters or four acres, is a strategic asset with significant potential, the company said.

  • August 09, 2024 09:34

    Nifty today: Top gainers, losers at 9.30 a.m.

    Top gainers on the NSE as at 9.30 am:

    Eicher Motor (3.83%), ONGC (3.67%), BPCL (2.61%), LTIMindtree (2.50%), Tech Mahindra (2.49%)

    No stocks were trading in the negative territory among nifty 50 pack

  • August 09, 2024 09:30

    Commodities market updates: Crude oil futures rise on positive Chinese inflation data

    Crude oil futures traded higher on Friday morning as China’s inflation data indicated some improvement in its economy. At 9.23 am on Friday, October Brent oil futures were at $79.27, up by 0.14 per cent, and September crude oil futures on WTI (West Texas Intermediate) were at $76.31, up by 0.16 per cent. August crude oil futures were trading at ₹6418 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹6422, down by 0.06 per cent, and September futures were trading at ₹6330 against the previous close of ₹6334, down by 0.06 per cent.

  • August 09, 2024 09:28

    Stock market live today: Nifty IT rises 1.93% to trade at 39,188.90

  • August 09, 2024 09:28

    Stock market live today: CDSL has announced a 1:1 bonus issue and a dividend of ₹19 per share, with the record date set for August 16, 2024.

  • August 09, 2024 09:28

    Stock market live today: Opening bell: BSE Sensex jumped 693.58 pts or 0.88% to trade at 79,579.80, and Nifty 50 rose 214.95 pts or 0.89% to trade at 24,331.95 as at 9.15 am

  • August 09, 2024 09:27

    Stock market live today: Stock Recommendations:Carysil Ltd. | CMP Rs. 809 | M Cap Rs. 2298 Cr | 52 W H/L 1151/593

    (Nirmal Bang Retail Research) 

    Result is ok 

    Revenue from Operations came at Rs. 201.2 Cr (5.6% QoQ, 42% YoY) vs QoQ Rs. 190.5 Cr, YoY Rs. 141.7 Cr 

    EBIDTA came at Rs. 35.9 Cr (3.9% QoQ, 37.7% YoY) vs QoQ Rs. 34.5 Cr, YoY Rs. 26.1 Cr 

    EBITDA Margin came at 17.8% vs QoQ 18.1%, YoY 18.4% 

    Adj. PAT came at Rs. 15.9 Cr vs QoQ Rs. 15.5 Cr, YoY Rs. 11.6 Cr 

    Quarter EPS is Rs. 5.6 

    Stock is trading at P/E of 24.2x FY25E EPS

  • August 09, 2024 09:27

    Stock market live today: Stock Recommendations: Orient Paper & Industries Ltd. | CMP Rs. 50 | M Cap Rs. 1067 Cr | 52 W H/L 62/40

    (Nirmal Bang Retail Research) 

    Result is ok 

    Revenue from Operations came at Rs. 238.3 Cr (-1.7% QoQ, -2% YoY) vs QoQ Rs. 242.4 Cr, YoY Rs. 243.3 Cr 

    EBIDTA came at Rs. 8.2 Cr (977.4% QoQ, -84.9% YoY) vs QoQ Rs. 0.8 Cr, YoY Rs. 54.4 Cr 

    EBITDA Margin came at 3.4% vs QoQ 0.3%, YoY 22.4% 

    Adj. PAT came at Rs. -6.4 Cr vs QoQ Rs. -6.4 Cr, YoY Rs. 32.2 Cr 

    Quarter EPS is Rs. -0.3 

    Stock is trading at P/E of -32.9x TTM EPS

  • August 09, 2024 09:27

    Stock market live today: Stock Recommendations: Greaves Cotton Ltd. | CMP Rs. 158 | M Cap Rs. 3666 Cr | 52 W H/L 177/112

    (Nirmal Bang Retail Research) 

    Result is improving 

    Revenue from Operations came at Rs. 639.7 Cr (-4.9% QoQ, 12.5% YoY) vs QoQ Rs. 672.5 Cr, YoY Rs. 568.6 Cr 

    EBIDTA came at Rs. 27.3 Cr (15% QoQ, -302% YoY) vs QoQ Rs. 23.7 Cr, YoY Rs. -13.5 Cr 

    EBITDA Margin came at 4.3% vs QoQ 3.5%, YoY -2.4% 

    Adj. PAT came at Rs. 10.3 Cr vs QoQ Rs. 5 Cr, YoY Rs. -6 Cr 

    Quarter EPS is Rs. 0.4 

    Stock is trading at P/E of 37.1x FY25E EPS

  • August 09, 2024 09:26

    Stock market live today: Stock Recommendations: Rail Vikas Nigam Ltd. | CMP Rs. 573 | M Cap Rs. 119461 Cr | 52 W H/L 647/119

    (Nirmal Bang Retail Research) 

    Result is declining 

    Revenue from Operations came at Rs. 4073.8 Cr (-39.3% QoQ, -26.9% YoY) vs QoQ Rs. 6714 Cr, YoY Rs. 5571.6 Cr 

    EBIDTA came at Rs. 181.5 Cr (-60.2% QoQ, -48% YoY) vs QoQ Rs. 456.4 Cr, YoY Rs. 349.1 Cr 

    EBITDA Margin came at 4.5% vs QoQ 6.8%, YoY 6.3% 

    Adj. PAT came at Rs. 223.9 Cr vs QoQ Rs. 478.6 Cr, YoY Rs. 342.9 Cr 

    Quarter EPS is Rs. 1.1 

    Stock is trading at P/E of 72.6x FY25E EPS

  • August 09, 2024 09:26

    Stock market live today: Stock Recommendations: Nocil Ltd. | CMP Rs. 296 | M Cap Rs. 4939 Cr | 52 W H/L 336/210

    (Nirmal Bang Retail Research) 

    Result is below expectations 

    Revenue from Operations came at Rs. 372.2 Cr (4.4% QoQ, -6.2% YoY) vs expectation of Rs. 380.3 Cr, QoQ Rs. 356.5 Cr, YoY Rs. 396.7 Cr 

    EBIDTA came at Rs. 39.8 Cr (-8.3% QoQ, -26.8% YoY) vs expectation of Rs. 52.3 Cr, QoQ Rs. 43.4 Cr, YoY Rs. 54.4 Cr 

    EBITDA Margin came at 10.7% vs expectation of 13.8%, QoQ 12.2%, YoY 13.7% 

    Adj. PAT came at Rs. 27.2 Cr vs expectation of Rs. 32.3 Cr, QoQ Rs. 41.1 Cr, YoY Rs. 33.6 Cr 

    Quarter EPS is Rs. 1.6 

    Stock is trading at P/E of 32x FY25E EPS

  • August 09, 2024 09:26

    Stock market live today: Stock Recommendations: PCBL Ltd. | CMP Rs. 400 | M Cap Rs. 15099 Cr | 52 W H/L 420/151

    (Nirmal Bang Retail Research) 

    Result ahead of Expectation 

    Revenue from Operations came at Rs. 2143.6 Cr (11.1% QoQ, 59.1% YoY) vs expectation of Rs. 1868.4 Cr, QoQ Rs. 1928.8 Cr, YoY Rs. 1347.5 Cr 

    EBIDTA came at Rs. 358.3 Cr (15.8% QoQ, 70% YoY) vs expectation of Rs. 302 Cr, QoQ Rs. 309.5 Cr, YoY Rs. 210.8 Cr 

    EBITDA Margin came at 16.7% vs expectation of 16.2%, QoQ 16%, YoY 15.6% 

    Adj. PAT came at Rs. 117.9 Cr vs expectation of Rs. 112.8 Cr, QoQ Rs. 111.3 Cr, YoY Rs. 109.2 Cr 

    Quarter EPS is Rs. 3.1 

    Stock is trading at P/E of 27.4x FY25E EPS

  • August 09, 2024 09:26

    Stock market live today: Stock Recommendations: Garden Reach Shipbuilders & Engineers Ltd. | CMP Rs. 2143 | M Cap Rs. 24548 Cr | 52 W H/L 2835/575

    (Nirmal Bang Retail Research) 

    Result Ok 

    Revenue from Operations came at Rs. 1009.7 Cr (-0.6% QoQ, 33.6% YoY) vs QoQ Rs. 1015.7 Cr, YoY Rs. 755.9 Cr 

    EBIDTA came at Rs. 56.3 Cr (-37.9% QoQ, 22.1% YoY) vs QoQ Rs. 90.6 Cr, YoY Rs. 46.1 Cr 

    EBITDA Margin came at 5.6% vs QoQ 8.9%, YoY 6.1% 

    Adj. PAT came at Rs. 87.2 Cr vs QoQ Rs. 111.6 Cr, YoY Rs. 76.7 Cr 

    Quarter EPS is Rs. 7.6 

    Stock is trading at P/E of 50.9x FY25E EPS

  • August 09, 2024 09:25

    Stock market live today: Stock Recommendations: Garware Hi-Tech Films Ltd. | CMP Rs. 2790 | M Cap Rs. 6482 Cr | 52 W H/L 2790/818

    (Nirmal Bang Retail Research) 

    Result has improved 

    Revenue from Operations came at Rs. 474.5 Cr (6.2% QoQ, 25% YoY) vs QoQ Rs. 446.6 Cr, YoY Rs. 379.7 Cr 

    EBIDTA came at Rs. 118.6 Cr (51.7% QoQ, 85.9% YoY) vs QoQ Rs. 78.2 Cr, YoY Rs. 63.8 Cr 

    EBITDA Margin came at 25% vs QoQ 17.5%, YoY 16.8% 

    Adj. PAT came at Rs. 88.4 Cr vs QoQ Rs. 57.8 Cr, YoY Rs. 43.7 Cr 

    Quarter EPS is Rs. 38 

    Stock is trading at P/E of 26.1x TTM EPS

  • August 09, 2024 09:25

    Stock market live today: Stock Recommendations: MRF Ltd. | CMP Rs. 132100 | M Cap Rs. 56025 Cr | 52 W H/L 151445/101400

    (Nirmal Bang Retail Research) 

    Result ahead of Expectation 

    Revenue from Operations came at Rs. 7077.8 Cr (13.9% QoQ, 11.9% YoY) vs expectation of Rs. 6642.9 Cr, QoQ Rs. 6215.1 Cr, YoY Rs. 6323.3 Cr 

    EBIDTA came at Rs. 1137.8 Cr (28.5% QoQ, 2.1% YoY) vs expectation of Rs. 970.1 Cr, QoQ Rs. 885.6 Cr, YoY Rs. 1114.2 Cr 

    EBITDA Margin came at 16.1% vs expectation of 14.6%, QoQ 14.2%, YoY 17.6% 

    Adj. PAT came at Rs. 562.6 Cr vs expectation of Rs. 441.3 Cr, QoQ Rs. 379.6 Cr, YoY Rs. 581.5 Cr 

    Quarter EPS is Rs. 1326.4 

    Stock is trading at P/E of 29.2x FY25E EPS

  • August 09, 2024 09:25

    Stock market live today: Stock Recommendations: Snowman Logistics Ltd. | CMP Rs. 86 | M Cap Rs. 1445 Cr | 52 W H/L 86.47/46

    (Nirmal Bang Retail Research) 

    Result is ok 

    Revenue from Operations came at Rs. 140.2 Cr (10.8% QoQ, 8.9% YoY) vs QoQ Rs. 126.5 Cr, YoY Rs. 128.8 Cr 

    EBIDTA came at Rs. 23.4 Cr (-13.2% QoQ, -3.2% YoY) vs QoQ Rs. 27 Cr, YoY Rs. 24.2 Cr 

    EBITDA Margin came at 16.7% vs QoQ 21.3%, YoY 18.8% 

    Adj. PAT came at Rs. 1.8 Cr vs QoQ Rs. 2.2 Cr, YoY Rs. 3.4 Cr 

    Quarter EPS is Rs. 0.1 

    Stock is trading at P/E of 130x TTM EPS

  • August 09, 2024 09:25

    Stock market live today: Stock Recommendations: Kopran Ltd. | CMP Rs. 257 | M Cap Rs. 1237 Cr | 52 W H/L 292/160

    (Nirmal Bang Retail Research) 

    Result improved 

    Revenue from Operations came at Rs. 139.4 Cr (-25.1% QoQ, 19.2% YoY) vs QoQ Rs. 186.1 Cr, YoY Rs. 117 Cr 

    EBIDTA came at Rs. 19.6 Cr (-9.7% QoQ, 210.4% YoY) vs QoQ Rs. 21.7 Cr, YoY Rs. 6.3 Cr 

    EBITDA Margin came at 14% vs QoQ 11.7%, YoY 5.4% 

    Adj. PAT came at Rs. 11.1 Cr vs QoQ Rs. 18.6 Cr, YoY Rs. 2.8 Cr 

    Quarter EPS is Rs. 2.3 

    Stock is trading at P/E of 20.9x TTM EPS

  • August 09, 2024 09:24

    Stock market live today: Stock Recommendations: Bharat Forge Ltd. | CMP Rs. 1575 | M Cap Rs. 73330 Cr | 52 W H/L 1826/840

    (Nirmal Bang Retail Research) 

    Result inline with expectation 

    Revenue from Operations came at Rs. 2338.1 Cr (0.4% QoQ, 9.9% YoY) vs expectation of Rs. 2345.8 Cr, QoQ Rs. 2328.6 Cr, YoY Rs. 2127.3 Cr 

    EBIDTA came at Rs. 651.5 Cr (-1.2% QoQ, 17.8% YoY) vs expectation of Rs. 653.9 Cr, QoQ Rs. 659.2 Cr, YoY Rs. 553 Cr 

    EBITDA Margin came at 27.9% vs expectation of 27.9%, QoQ 28.3%, YoY 26% 

    Adj. PAT came at Rs. 415.1 Cr vs expectation of Rs. 393.9 Cr, QoQ Rs. 403 Cr, YoY Rs. 311.5 Cr 

    Quarter EPS is Rs. 8.9 

    Stock is trading at P/E of 44.9x FY25E EPS

  • August 09, 2024 09:24

    Stock market live today: Stock Recommendations: Igarashi Motors India Ltd. | CMP Rs. 638 | M Cap Rs. 2009 Cr | 52 W H/L 693/402

    (Nirmal Bang Retail Research) 

    Result has improved 

    Revenue from Operations came at Rs. 222.1 Cr (8.5% QoQ, 32% YoY) vs QoQ Rs. 204.6 Cr, YoY Rs. 168.3 Cr 

    EBIDTA came at Rs. 25.3 Cr (12.8% QoQ, 56.1% YoY) vs QoQ Rs. 22.4 Cr, YoY Rs. 16.2 Cr 

    EBITDA Margin came at 11.4% vs QoQ 11%, YoY 9.6% 

    Adj. PAT came at Rs. 8.2 Cr vs QoQ Rs. 5.1 Cr, YoY Rs. 1.4 Cr 

    Quarter EPS is Rs. 2.6 

    Stock is trading at P/E of 123.2x TTM EPS

  • August 09, 2024 09:23

    Stock market live today: Welspun Living Limited-Buyback_Starts Today 

    Route – Tender 

    Buyback Price: 220/- 

    Current Market Price: 179.15/-

    Market Cap: Rs 17,410 Crores 

    Buyback Size: Rs 278.44 Crores (Representing 7.87% and 6.67% of the total paid up equity share capital and free reserves) 

    Buyback Size: 1,26,55,970 shares (Representing 1.30% of O/s. shares) 

    Retail Quota: 18,98,396 Shares

    Entitlement:

    General Category - 1 Equity Shares for every 88 Equity Shares held on the Record Date

    Retail Category - 3 Equity Shares for every 44 Equity Shares held on the Record Dat

    Buyback Record Date: 05 Aug 2024

    Tender Period:

    Start Date - 09 Aug 2024 (Today)

    Close Date - 16 Aug 2024

    Obligation Date - 22 Aug 2024 

    Settlement Date - 23 Aug 2024

  • August 09, 2024 09:22

    Stock market live today: Bonus Issue Dates

    GRP Ltd.

    Bonus issue 3:1

    Previous day Closing Price – Rs. 14363.40 

    Ex Bonus 12 Aug 2024 (Monday)

    Last date Trade for Before Bonus Today

  • August 09, 2024 09:22

    Stock market live today: Aurobindo Pharma Limited-Buyback_Closes Today

    Route – Tender 

    Buyback Price: 1,460/- 

    Current Market Price: 1,479.35/-

    Market Cap: Rs 86,681 Crores 

    Buyback Size: Rs 750 Crores (Representing 3.84% and 2.67% of the total paid up equity share capital and free reserves) 

    Buyback Size: 51,36,986 shares (Representing 0.88% of O/s. shares) 

    Retail Quota: 7,70,548 Shares

    Entitlement:

    General Category - 4 Equity Share for every 531 Equity Shares held on the Record Date

    Retail Category - 5 Equity Shares for every 41 Equity Shares held on the Record Date

    Buyback Record Date: 30 July 2024

    Tender Period:

    Start Date - 05 Aug 2024

    Close Date - 09 Aug 2024 (Today)

    Obligation Date - 18 Aug 2024 

    Settlement Date - 19 Aug 2024

  • August 09, 2024 09:17

    Stock market live today: Dividend Dates 

    Ex-Dividend 12 Aug 2024 (Monday) 

    Last date for Cum-Dividend Today 

    Computer Age Management Services Ltd 

    Dividend Per Share Rs.11 

    Previous day Closing Price – Rs. 4255.15

    ICICI Bank Ltd. 

    Dividend Per Share Rs.10 

    Previous day Closing Price – Rs. 1164.6 

    India Pesticides Ltd 

    Dividend Per Share Rs.0.75 

    Previous day Closing Price – Rs. 211.85 

    NHPC Ltd. 

    Dividend Per Share Rs.0.5 

    Previous day Closing Price – Rs. 98.8 

    Styrenix Performance Materials Ltd 

    Dividend Per Share Rs.28 

    Previous day Closing Price – Rs. 2638.65 

    UPL Limited 

    Dividend Per Share Rs.1 

    Previous day Closing Price – Rs. 547

    Rossell India Ltd. 

    Dividend Per Share Rs.0.3 

    Previous day Closing Price – Rs. 569.7

  • August 09, 2024 09:09

    Commodities market updates: Silver up at $27.63

    Silver prices rose as statistics showed a larger-than-expected reduction in U.S. jobless claims in the week ending August 3rd. The metal drew investors despite ongoing concerns about geopolitical tensions and the future for global economic development. Optimism about the Federal Reserve’s planned round of interest rate reduction also helped. The Labour Department reported that first-time claims for unemployment benefits in the United States fell more than expected last week.

  • August 09, 2024 09:08

    Commodities market updates: Gold gains to $2,425

    Gold prices increased on strong safe-haven demand and rising anticipation of a significant interest rate decrease from the US Federal Reserve in September. On the geopolitical stage, the execution of prominent members of the militant groups Hamas and Hezbollah last week heightened the potential of Iran retaliating against Israel. According to the CME FedWatch Tool, the market now sees a 72% chance of a 50 basis point drop in September, up from 70%, with another decrease expected in December. According to US data, there were 233,000 initial unemployment claims last week, lower than expectations of 240,000 and lower than 250,000 the week before, alleviating concerns about a downturn in the world’s largest economy.

  • August 09, 2024 08:58

    Stock market live today: SEBI clears MCX proposal to appoint Rai as MD & CEO

    Three months after the position remained vacant, capital market regulator SEBI approved Praveena Rai’s appointment as the Managing Director and CEO of MCX, the country’s largest commodity exchange.

    Rai was the COO of NPCI (National Payment Corporation of India) and was in charge of formulating and deploying the marketing, business development, product management, and operations strategy.

  • August 09, 2024 08:57

    Stock market live today: Storage in India’s key reservoirs rises for 6th week in a row

    The storage level in the 150 major Indian reservoirs increased for the sixth consecutive week thanks to a 44 per cent surplus rainfall in the first week of August, data from the Central Water Commission (CWC) showed.

    In its weekly bulletin on the status of the major reservoirs this week, CWC said the level in the major reservoirs was 65 per cent of the 178.784 billion cubic metres (BCM) capacity at 115.736 BCM. This is higher than the storage during the same time a year ago at 108.639 BCM. 

  • August 09, 2024 08:47

    Stock market live today: JP Associates enters IBC stage I, trading suspended from August 8

    The shares of JP Associates have been moved to Insolvency and Bankruptcy Code (IBC) stage I and have been suspended from trading from August 8, 2024.

  • August 09, 2024 08:46

    Stock in Focus: HCLTech acquires Zeenea for €24 million

    HCLTech to acquire France-based Zeenea for €24 million

    Zeenea is a metadata management software provider

  • August 09, 2024 08:44

    Stock market live today: Greaves Cotton to test EV models for MHI’s promotion scheme

    Greaves Cotton: Co says as per approval from competent authority from MHI, co unit may get the models of electric vehicle tested by the relevant testing agency for the Electric Mobility Promotion Scheme 2024 or any other scheme of MHI

  • August 09, 2024 08:18

    Stock market live today: Starlineps Enterprises: Approved stock split of 1 share into 5 shares

  • August 09, 2024 08:08

    IPO Watch: Listing of Ola Electric Mobility Limited on 09th August, 2024 

    Symbol: OLAELEC 

    Series: Equity “B Group” 

    BSE Code: 544225 

    ISIN: INE0LXG01040 

    Face Value: Rs 10/- 

    Issued Price: Rs 76/- per share

  • August 09, 2024 07:43

    Stock market live today: Securities in F&O Ban For Trade Date 09-August-2024  

    * ABCAPITAL

    * ABFRL

    * BSOFT

    * GNFC

    * HINDCOPPER

    * INDIACEM

    * INDIAMART

    * LICHSGFIN

    * MANAPPURAM

    * PNB

    * RBLBANK

  • August 09, 2024 07:42

    Stock market live today: Inflation edged higher in China

    China CPI (Y/Y): Current: 0.5% (est 0.3%; prev 0.2%)

    China PPI (Y/Y): Current: -0.8% (est –0.9%; prev –0.8%)

  • August 09, 2024 07:41

    Stock market live today: Major U.S. listed stocks result calendar 09.08.2024 

    Evergy, Inc. (Pre market) (Sector- Power)

    Legend Biotech Corporation(Pre market) (Sector- Healthcare)

    VinFast Auto Ltd. (TENT) (Sector- Automobiles)

  • August 09, 2024 07:40

    Stock market live today: Economic Calendar – 09.08.2024

    07.00 CHINA CPI y/y (Expected: 0.3% versus Previous: 0.2%)

    07.00 CHINA PPI y/y (Expected: -0.9% versus Previous: -0.8%)

    11.30 EURO German Final CPI m/m (Expected: 0.3% versus Previous: 0.3%)

    12/08/2024: Japan Market Holiday

  • August 09, 2024 07:36

    Stock market live today: IPO screener: All eyes on Ola Electric listing today

    Shares of Ola Electric Mobility will be listed on the bourses today. The IPO price has been pegged at ₹76. The public issue of Ola Electric Mobility, the first pure EV company to hit the capital market, saw a moderate response. The IPO was subscribed 4.27 times, with qualified institutional investors and retail investors showing more interest, as their respective portions were subscribed 5.31 times and 3.92 times, respectively. However, HNIs (non-institution investors) remained somewhat muted, as their reserved portion saw bids 2.40 times.

  • August 09, 2024 07:21

    Stock market live today: Stocks that will see action today: August 9, 2024

    Buzzing stocks: MCX, Utkarsh SFB, Wipro, Tech Mahindra, Tanla Platforms, GAIL (India), Jindal Steel, Coffee Day, Nexus Select Trust, Prakash Ind, Bansal Wire

  • August 09, 2024 06:57

    Stock market live today: Trading Guide for August 9, 2024: Intraday supports, resistances for Nifty50 stocks

    Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI 

  • August 09, 2024 06:54

    Watch: Today’s stock recommendation: August 9, 2024

    Here’s an interesting stock idea: The stock idea that we have for you today is Eris Lifesciences. The stock has been in a strong uptrend since May this year. This upmove is happening inside a bull channel. The uptrend is intact and the share price can go further in the coming days. Check out the latest episode of Today’s Pick to learn more. ​

  • August 09, 2024 06:54

    Stock market live today: Stock to buy today: Eris Lifesciences (₹1,165.40): BUY

    The short-term outlook is bullish for Eris Lifesciences. The stock has been in a strong uptrend since May this year. Also, the price action since then is in the form of a bull channel. On Thursday the stock has surged 4 per cent and has closed on a strong note. The uptrend is strong and intact. 

  • August 09, 2024 06:49

    Stock market live today: F&O Query: Should you hold Birlasoft futures long?

    Birlasoft (₹575): The stock’s has declined sharply price over the past couple of weeks. The downswing started with resistance at ₹750. It is currently trading at around ₹575.