Stock Market | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for August 26, 2024.

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  • August 26, 2024 16:13

    Currency market today: Rupee settles on flat note, closes 1 paisa higher at 83.89 against US dollar

    The rupee pared its initial gains and settled for the day on a flat note, rising just 1 paisa to 83.89 (provisional) against the American currency on Monday, weighed down by a surge in crude oil prices.

    Forex traders said the Indian rupee gained in morning trade on rise in domestic markets and a weak US Dollar. However, a surge in crude oil prices capped sharp gains for the local unit.

    At the interbank foreign exchange market, the local unit opened at 83.83 and touched an intra-day high of 83.80 against the US dollar and a low of 83.91.

  • August 26, 2024 16:07

    Stock market today: Sensex, Nifty surge on rally in US markets, foreign fund inflows

    Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday amid renewed hopes that the US Federal Reserve will start cutting interest rates soon.

    Traders said foreign fund inflows and buying in frontline stocks HDFC Bank and Reliance Industries also drove the markets higher.

    The 30-share BSE Sensex jumped 611.90 points or 0.75 per cent to settle at 81,698.11. During the day, it surged 738.06 points or 0.91 per cent to 81,824.27.

    The NSE Nifty soared 187.45 points or 0.76 per cent to 25,010.60.

  • August 26, 2024 15:47

    Stock market today: KPI Green Energy subsidiary secures LoI for solar power projects

    Sun Drops Energia Private Limited, a wholly owned subsidiary of KPI Green Energy Limited, has received Letters of Intent for executing solar power projects with a cumulative capacity of 13.30 MW under the ‘Captive Power Producer (CPP)’ business segment.

    KPI Green Energy stock declined 2.04% to close at ₹908 on the NSE

  • August 26, 2024 15:45

    Stock market live today: Sensex closed at 81,698.11, higher by 611.90 pts or 0.75%, and Nifty 50 closed at 25,010.60, up 187.45 pts or 0.76%.

  • August 26, 2024 15:04

    Stock Market live updates today: Top losers on the NSE

    Apollo Hospitals (-1.24%), Hero Motocorp (-0.74%), Nestle India (-0.56%), Grasim (-0.50%), Adani Ports (-0.48%)

  • August 26, 2024 15:03

    Stock Market live updates today: Top gainers on the NSE

    Hindalco (3.74%), HCL Tech(3.07%), NTPC (3.04%), ONGC (2.87%), Bajaj Finserv (2.74%)

  • August 26, 2024 15:02

    Stock Market live updates today: Market overview

    Stocks advanced on BSE at 3 pm on August 26, 2024, were 2,176 against 1,858 stocks that declined; 135 stocks remain unchanged. Total stocks traded were 4,169. The number of stocks that recorded a 52-week high was 391, and those that hit a 52-week low was 22. 

    In addition, 475 stocks traded in upper circuit and 257 stocks hit the lower circuit.

  • August 26, 2024 14:56

    Stock Market live updates today: SBI Life Insurance receives order under Section-73 of the WBGST and CGST Act, shares trade flat

    SBI Life Insurance has received an order under Section-73 of the WBGST and CGST Act 2017 from the Deputy Commissioner, Large Tax Payer Unit Corporate Division, West Bengal, demand totalling ₹5,68,988.

    Stock trades flat on the NSE at ₹1,795.65

  • August 26, 2024 14:52

    Stock Market live updates today: Shoppers Stop has commenced operations at its stores in Uttar Pradesh and Haryana Stock trades flat on the NSE at ₹788.10.

  • August 26, 2024 14:49

    Stock Market live updates today: Vishnu Chemicals states that Visakhapatnam plant of the company will be stopped for scheduled maintenance from today for about two weeks

  • August 26, 2024 14:48

    Stock Market live updates today: GlaxoSmithKline Pharmaceuticals receives an order from Punjab State GST authorities, shares trade down

    GlaxoSmithKline Pharmaceuticals has received an Order from Punjab State GST authorities, dropping proceedings (Tax ₹1,22,37,430; Interest ₹1,02,47,256 and Penalty ₹12,41,829) with respect to Show Cause Notice issued alleging non-payment of Cess amount disclosed in E-way bill.

    Stock trades at ₹2,929 on the NSE, down by 0.51%.

  • August 26, 2024 14:37

    Stock Market live updates today: Paytm shares declined 4.67% on the NSE, trading at ₹528.95

  • August 26, 2024 14:37

    Stock Market live updates today: Small finance banks to grow advances 25-27% this fiscal: CRISIL Ratings

    Diversification, penetration supportive; alternate liabilities strategies to gain momentum 

    Small finance banks (SFBs) are expected to grow their advances by a robust 25-27% this fiscal, though a tad lower than the previous fiscal’s ~28% growth (chart 1 in annexure). Segmental and geographical expansion, underpinned by a strong and increasing presence in semi-urban and rural markets with large unmet demand, will continue to drive growth. 

    Amid challenges in mobilizing deposits and their higher cost, SFBs are likely to explore alternative, non-deposit avenues to fund credit growth. That said, capital buffers to support growth remain healthy for SFBs.

    The estimated credit growth can be divided into two segments — traditional1 and new, with the latter driving the momentum. The constituents of new asset classes may vary across SFBs depending on their original segment focus, but would typically include mortgage loans, loans to MSMEs2, vehicle loans and unsecured personal loans. 

    Says Ajit Velonie, Senior Director, CRISIL Ratings, “Credit growth in new asset classes is seen at ~40% this fiscal, while that in traditional segments will be ~20%. With this, the portfolio mix will continue to shift; the share of new segments would cross ~40% by March 2025, twice the March 2020 level. Most of this diversification is towards secured asset classes, resulting in the share of secured lending rising, albeit at a moderate pace.”

  • August 26, 2024 14:19

    Stock Market live updates today: Mangalam Drugs receives $274,800 grant for Malaria drug research

    Mangalam Drugs & Organics Limited has secured a grant of $274,800 from The Medicines for Malaria Venture (MMV) for research and development of Pyronaridine, as announced today. The grant will support efforts to improve the production technology and efficiency of pyronaridine, a component in antimalarial combination therapies.

    The shares of Mangalam Drugs & Organics Limited were trading at ₹142.05 up by ₹9.65 or 7.29%.

  • August 26, 2024 14:14

    Stock Market live updates today: MDIL expands into Canadian market, following Dubai partnership

    Mini Diamonds India Ltd (MDIL) announced today, a strategic business arrangement with Parasmani Inc., a Toronto-based jewellery company, to enter the Canadian lab-grown diamond jewellery market. This partnership marks MDIL’s latest move in its global expansion strategy.

    MDIL is under the Periodic Call Auction System (PCAS), with shares trading at ₹114.88, up by ₹2.25 or 2 per cent.

  • August 26, 2024 14:09

    Stock Market live updates today: BHEL secures ₹11,000 crore power project orders from Adani

    Bharat Heavy Electricals Limited (BHEL) has signed contracts worth over ₹11,000 crore with Adani Power Limited and its subsidiary Mahan Energen Limited. The agreements involve setting up three supercritical thermal power projects, each with a 2x800 MW capacity, in Rajasthan and Madhya Pradesh.

    The shares of Bharat Heavy Electricals Limited (BHEL) were trading at ₹297.05 up by ₹0.90 or 0.30% on the BSE today at noon.

  • August 26, 2024 14:04

    Stock market live updates today: Top gainers among Nifty Realty stocks: Lodha (4.63%), Mahindra Lifespace (4.23%), Sobha (2.49%), Oberoi Realty (1.58%), Prestige (1.33%)

  • August 26, 2024 14:03

    Stock market live updates today: YES Bank appoints Sumit Bali as Country Head Retail Assets and Debt Management of the bank effective today.

  • August 26, 2024 14:03

    Stock market live updates today: Exicom Tele-Systems inks loan agreement with Exicom Power Solutions B.V., Netherlands, for additional unsecured loan; stock declines on NSE

    Exicom Tele-Systems Limited has entered into a loan agreement with Exicom Power Solutions B.V., Netherlands, a Wholly-Owned Subsidiary of the Company, for granting an additional unsecured loan of ₹125 Crore to Exicom Power Solutions B.V., Netherlands. The purpose of this loan is for the borrower to infuse the funds in its wholly-owned subsidiaries in the US and Australia, respectively. 

    Exicom Tele-Systems stock declined 2.01% on the NSE, trading at ₹393.25.

  • August 26, 2024 14:00

    Stock market live updates today: GRM Overseas Limited announces launch of its new strategic platform, 10X Ventures. Shares surge 3.06% on the NSE, trading at ₹271.

  • August 26, 2024 13:59

    Stock market live updates today: Emami Paper Mills receives GST order imposing penalty on it for input tax credit; shares trade flat on the NSE

    Emami Paper Mills has received an order from GST Authority disallowing the Input Tax Credit of GST amounting to Rs. 2,89,064 and recovery of the same along with interest and imposing a penalty of Rs.56,760/- for the FY 2019-20.

    Shares traded flat at ₹129.55 on the NSE.

  • August 26, 2024 13:52

    Stock market live updates today: Nifty, Sensex surge amid broad-based rally

    Indian stock markets displayed strong momentum in afternoon trading on Monday, August 26, 2024, with both benchmark indices posting significant gains. Read more

  • August 26, 2024 13:18

    Stock market live updates today: MIC Electronics gets Letter of Acceptance from Northern Railway for passenger information system; stock trades flat on NSE

    MIC Electronics has received a Letter of Acceptance from the Lucknow Division of Northern Railway for the provision of an Integrated Passenger Information System at PRG, PYGS, and PFM Stations in c/w Mahakumbh-2025. 

    The order is valued at ₹2.54 crore. MIC Electronics stock trades flat at ₹77.05 on the NSE.

  • August 26, 2024 13:09

    Stock market live updates today: Kallam Textiles has received a summons from the Debt Recovery Tribunal, Vishakhapatnam. Stock declines 1.36% on the BSE, trading at ₹7.97.

  • August 26, 2024 13:04

    Stock market live updates today: Zydus Lifesciences stock tanked 5.23% on the NSE, trading at ₹1,117 following 50% stake acquisition by subsidiary in Sterling Biotech from Perfect Day’

  • August 26, 2024 12:45

    Stock market live updates today: Stocks that hit a 52-week high on the NSE: Honasa (12.25%), Caplin Point (9.54%), Motilal Oswal (7.52%), Edelweiss (6.60%), Shilpa Medicare (6.04%)

  • August 26, 2024 12:40

    Stock market live updates today: Corporate file

    1. Krishna Defence: BUSINESS UPDATE

    Company achieved robust revenue growth of 2.8 times in Q1 FY25 compared to Q1 FY24, with revenue reaching INR 45.4 Cr in Q1 FY25, up from INR 16.1 Cr in Q1 FY24. As of June 30, 2024, the company’s open orders, valued at INR 229 Cr, representing 2.15 times its FY24 revenue, reflect a strong pipeline and ongoing revenue opportunities. Additionally, the successful acquisition of certifications from the American Bureau of Shipping (ABS) and Det Norske Veritas (DNV) for steel sections will enable the company to expand its market presence beyond naval applications.

    2. ⁠Sathlokhar Synergys: ORDER

    Company has successfully bagged an Order worth INR 13.3 Cr from AAA Blue Chip Projects Private Limited, Coimbatory, for Construction of New Warehouse for GE Oil & Gas India private Limited (building area 4.2 Acres). Delivery Completion is April 2025.

    3. ⁠Exhicon Events Media: BUSINESS UPDATE

    Company has outlined an ambitious 5-year strategic vision focused on expanding its presence in Tier 2 cities across India, with plans to establish over 15 multi-event venues, including significant projects in Pune and Ayodhya. The company is introducing venue management as a service to enhance revenue streams and market positioning. Subsidiaries like Digiglobe and UHPL are expected to contribute around 40% to overall revenue by FY25. Financially, Company aims for a 50% CAGR over the next five years, targeting sustainable PAT margins of 15-20%, and is committed to a debt-free growth model supported by internal financing and strategic investments. 

    4. ⁠ Shakti Pumps: ORDER

    Company has received an order worth INR 9.4 Cr from Department of Agriculture, Jharkhand for Design, Manufacture, Supply, Transport, Installation, Testing and Commissioning of Solar Water Pumping System, needs to be executed within 4 months. This is their first order from the state of Jharkhand.

  • August 26, 2024 12:39

    Stock market live updates today: Shares of Anil Ambani-led group firms -- Reliance Home Finance Ltd, Reliance Power and Reliance Communications -- hit their lower circuit limits on Monday

    Track live updates on the Anil Ambani group shares here

  • August 26, 2024 12:18

    Stock market live updates today: Top gainers among Nifty Oil & Gas stocks: Gujarat State Petronet (7.09%), Oil India (4.11%), ONGC (2.57%), GAIL (1.67%)

  • August 26, 2024 12:18

    Stock market live updates today: Sensex climbed 633.50 points or 0.78% to trade at 81,719.71 as at 12.10 pm, and Nifty 50 rose 186.90 pts or 0.75% to 25,010.05

  • August 26, 2024 12:08

    Stock market live updates today: Aluminium: Upmove gains momentum. Go long

    Aluminum prices have been rising well over the last few weeks. The Aluminium Futures contract on the Multi Commodity Exchange (MCX) had surged about 5 per cent last week. This rise has taken the contract very well above the ₹223-₹224 resistance zone. The contract has risen further and is now trading at ₹231 per kg. Read more

  • August 26, 2024 12:07

    Stock market live updates today: Major gainers and losers on the NSE at 12 noon

    Major gainers: ONGC (2.41%), Hindalco (2.41%), NTPC (2.38%), Wipro (1.85%), Tata Consumer Products (1.71%)

    Major losers: Apollo Hospitals (-0.47%), Ultratech Cement (-0.36%), Eicher Motors (-0.34%), Adani Ports (-0.30%), BPCL (-0.23%)

  • August 26, 2024 12:06

    Stock market live updates today: BSE snapshot at noon

    Of 4,069 stocks traded on the BSE at 12 noon on August 26, 2024, 2,248 advanced against 1,655 stocks that declined; 166 stocks remained unchanged. While 356 stocks recorded a 52-week high, 21 a 52-week low. 

    In addition, 380 stocks traded in the upper circuit and 231 stocks hit the lower circuit.

  • August 26, 2024 11:59

    Stock market live updates today: Ashoka Buildcon stock rose 1.57% on the NSE, trading at ₹236.40, company emerged as L1 for an MMRDA Project

  • August 26, 2024 11:54

    Stock market live updates today: Zen Technologies stock hits upper circuit; company had raised ₹1,000 crore through its first-ever Qualified Institutional Placement

    Zen Technologies stock traded at ₹1,876.70, higher by 5%, also its upper circuit. The company had raised ₹1,000 crores through its first-ever Qualified Institutional Placement (QIP) that closed on August 23.

  • August 26, 2024 11:32

    Stock Market live updates today: Integro Technologies announces its recognition as a Category Leader, shares trade flat

    Integro Technologies, an Aurionpro Company ,announced its recognition as a Category Leader in five key Quadrants of Corporate Lending Chartis.

    Aurionpro Solutions stock traded flat at ₹1,879 on the NSE.

  • August 26, 2024 11:26

    Stock Market live updates today: Raminfo Limited launches Kisan Drones for agricultural innovation

    Raminfo Limited, a technology solutions company, announced the launch of Kisan Drones Private Limited today. The initiative aims to revolutionize agriculture by offering drone services for field mapping and fertilizer spraying.

    The shares of Raminfo Limited on the BSE were trading at ₹127.95, up by ₹10.85 or 9.27% at 11 am.

  • August 26, 2024 11:19

    Stock Market live updates today: Top gainers of Nifty IT stocks

    Persistent Systems (2.54%), Wipro (1.99%), Mphasis (1.68%), LTIMindtree (1.60%), Coforge (1.54%)

  • August 26, 2024 11:11

    Stock market live updates today: Mangalam Drugs & Organics awarded grant by The Medicines for Malaria Venture; stock jumps 8.01% on BSE

    Mangalam Drugs & Organics Ltd has been awarded a grant by The Medicines for Malaria Venture (“MMV”). The grant amounts to $274,800$ and is designated for the research and development of Pyronaridine.

    Mangalam Drugs stock jumps 8.01% on the BSE, trading at ₹143.

  • August 26, 2024 11:02

    Stock market live updates today: Sensex jumps 549.44 points or 0.68% to trade at 81,635.65 as at 11 am.

  • August 26, 2024 11:01

    Stock market live updates today: Reliance Power, Reliance Home Finance stocks plunge Track live movements here:

    Reliance Power, Reliance Home Finance stocks plunge Track live movements here

  • August 26, 2024 10:59

    Stock market live updates today: Bank Nifty Prediction Today – August 26, 2024: Go long now and accumulate on dips

    Bank Nifty index has risen decisively above 51,000 and is trading higher. The index was struggling to breach this psychological 51,000 mark last week. It is now trading at 51,295, up 0.70 per cent. The advances/declines ratio is 9:3. This is positive. Read more

  • August 26, 2024 10:58

    Stock market live updates today: Nifty Prediction Today – August 26, 2024: Bullish. Go long on dips

    Nifty 50 has begun the week on a positive note. The index opened the day with a gap-up at 24,906 and has risen well from there. It is now currently trading at 24,982, up 0.64 per cent. Read more

  • August 26, 2024 10:56

    Stock market live updates today: Core PCE data takes centre stage: Global market view from Alex Volkov, a market analyst at VT Markets

    At the recent Jackson Hole meeting, Fed Chair Jerome Powell hinted at the possibility of interest rate cuts as early as September, expressing confidence that inflation is on a sustainable path toward 2%. As it stands, CME rate probabilities indicate a 100% chance of a rate cut, with a 76.0% likelihood of a 25 basis point cut in September. 

    The market is now pricing in additional cuts—a 50 basis point reduction in November and a further 25 basis point cut in December—bringing three rate cuts back into play for the remainder of the year.

    What to expect this week

    On Tuesday, attention will be on the USD with the release of the Conference Board’s Consumer Confidence index. Forecasts suggest a slight dip to 100.2 from the previous reading of 100.3. 

    While this might seem like a minor adjustment, the implications could be significant if the data surprises in either direction. A stronger-than-expected reading could temporarily bolster the USD, while a weaker print may reinforce the narrative of a cooling economy, pushing the USD lower.

    Wednesday brings Australia’s CPI data, with the year-on-year figure expected to show a decline to 3.4% from 3.8%. This could weigh on the AUDUSD if the data aligns with expectations, likely leading to a downward consolidation. 

    Thursday will be a pivotal day for the EURUSD, as Germany releases its preliminary CPI figures alongside the Eurozone’s preliminary GDP data. Germany’s CPI is forecasted to stagnate at 0.0%, a sharp contrast to the previous 0.3% growth. 

    This could add to the pressure on the EURUSD, especially if the Eurozone’s GDP data, expected to hold steady at 2.8% quarter-on-quarter, fails to impress. Traders should be prepared for volatility, as the EURUSD may react strongly to any deviations from these forecasts.

    Friday, a day we find to be most important this week, will see the release of the Eurozone’s CPI Flash Estimates, alongside the U.S. Core PCE Price Index—both of which are key indicators of inflationary trends. 

    The U.S. Core PCE is something traders should take note of this week. This indicator is closely watched by the Federal Reserve as it reflects the underlying inflation trends in the economy, excluding volatile food and energy prices. The outcome of this data release will heavily influence market expectations regarding the Fed’s future interest rate decisions.

    If the Core PCE Index comes in higher than expected, it could trigger a significant market reaction, as it would suggest that inflationary pressures are more persistent than previously thought. This scenario could lead to a stronger USD, a potential sell-off in equities, and increased volatility across global markets as traders anticipate a more hawkish Fed stance.

    On the other hand, if the data shows that inflation is continuing to moderate, it would reinforce the case for the Fed to proceed with the anticipated rate cuts in September and beyond.

    Traders will need to carefully monitor these developments, as this could support a rally in risk assets, including equities and commodities, while putting downward pressure on the USD.

  • August 26, 2024 10:52

    Stock market live updates today: Reliance ADAG companies stocks tumble following SEBI ban on Anil Ambani 

    The shares of Anil Ambani-backed Reliance group companies experienced a sharp decline today following the Securities and Exchange Board of India’s five-year market ban on chairman Anil Ambani and 24 other entities. The regulatory action, which includes a ₹25-crore fine on Ambani, stems from an investigation into alleged fund diversion at Reliance Home Finance Ltd (RHFL). Read more

  • August 26, 2024 10:37

    Stock market live updates today: Exhicon to acquire 76% stake in Perfect-Octave Limited

    Exhicon Event Media Solutions Limited has announced its plan to acquire a 76 per cent equity stake in Perfect-Octave Limited (POL) for ₹8.53 crore. Read more

  • August 26, 2024 10:36

    Stock market live updates today: BHEL inks agreement with Adani Power and its arm for Supercritical Thermal Power projects; shares traded up on NSE

    Bharat Heavy Electricals Limited (BHEL) has signed a contract agreement with Adani Power Ltd. and its subsidiary (Mahan Energen Ltd.) for setting up three Supercritical Thermal Power projects (each of 2x800 MW rating) in Kawai, Rajasthan & Mahan, Madhya Pradesh.

    Value of 3 orders aggregating to more than 11,000 crore excl. GST

    BHEL shares traded at ₹298.30 on the NSE, up 0.71%. Adani Power shares traded at ₹672.40, down by 0.50%.

  • August 26, 2024 10:33

    Stock market live updates today: Raminfo Ltd is marking a significant step toward the agricultural sector with the launch of Kisan Drones Pvt Ltd; shares surge on BSE

    Raminfo Ltd, a BSE-listed company and a innovation-led technology solutions-providing company, is marking a significant step toward the agricultural sector with the launch of Kisan Drones Pvt Ltd.

    Raminfo shares surge 7.77% on the BSE, trading at ₹126.20.

  • August 26, 2024 10:31

    Stock market live updates today: TN GST department levies penalty on Suzlon subsidiary; shares slip on NSE

    GST Department Tamil Nadu has levied a penalty of ₹20,000 upon Suzlon Global Services Limited, a wholly-owned subsidiary company of Suzlon, due to minor inadvertent error made while filing GSTR-1 for the period 2019-20 and penalty imposed under Section 125 of the CGST and TNGST Act, 2017.

    Shares slip 0.76% to trade at ₹78.24 on the NSE.

  • August 26, 2024 10:28

    Stock market live updates today: Crude oil up amid escalating tensions in West Asia 

    Crude oil futures traded higher on Monday morning due to fears of escalating tensions in West Asia. Hopes of an interest rate cut in the US in September also boosted the price of the commodity. 

    At 9.54 am on Monday, November Brent oil futures were at $78.64, up by 0.63 per cent, and October crude oil futures on WTI (West Texas Intermediate) were at $75.36, up by 0.71 per cent. Read more

  • August 26, 2024 10:19

    Stock market live updates today: Rupee rises 10 paise to 83.80 against US dollar in early trade

    Rupee appreciated 10 paise to 83.80 against the US dollar in morning trade on Monday, supported by the weakening of the American currency in the overseas market and foreign fund inflows. Read more

  • August 26, 2024 10:17

    Stock market live updates today: Markets open higher on Fed rate cut hopes, ONGC leads gains

    Indian equity markets opened higher on Monday, buoyed by Federal Reserve Chair Jerome Powell’s dovish comments at Jackson Hole and positive global cues. Read more

  • August 26, 2024 10:14

    Stock market live updates today: Post-listing view on Interarch Building Products from Shivani Nyati, Head of Wealth, Swastika Investmart Ltd.

    Interarch Building Products Limited (IBPL) made a strong debut on the stock market, listing at Rs. 1299 per share, a significant 44.33% premium over its issue price of Rs. 900. This positive performance is attributed to the company’s established market position, integrated manufacturing capabilities, and consistent financial growth.

    The IPO was well-received by investors, with a subscription rate of 93.79 times, indicating strong demand. This strong response reflects investor confidence in IBPL’s continued growth and potential for success.

    Interarch Building Products’ strong listing is a positive indicator of its future prospects. So those who want to hold it for the long term are suggested to keep a stoploss at 1200.

  • August 26, 2024 10:08

    Stock market live updates today: #NSEBell rings in celebration of Interarch Building Products Limited listing

  • August 26, 2024 10:06

    Stock market live updates today: SHILPA MEDICARE ANNOUNCES SUCCESSFUL OUTCOME OF PHASE 3 STUDIES OF SMLNUD07 – NORUDCA FOR FATTY LIVER

    SHILPA MEDICARE ANNOUNCES SUCCESSFUL OUTCOME OF PHASE 3 STUDIES OF SMLNUD07 – NORUDCA FOR FATTY LIVER; CO SAYS THERE WAS A SUCCESSFUL REDUCTION IN FAT ACCUMULATION IN LIVER

  • August 26, 2024 10:05

    Stock market live updates today: TODAY’S IMPORTANT BOARD MEETING AUG 26 AARTI DRUGS: BUY BACK; CEIGALL: RESULT/DIVIDEND

  • August 26, 2024 10:04

    Stock market live updates today: IPO PRICE SETTLED IN PRE MATCHING

    INTERARCH BUILDING PRODUCTS LTD IPO

    ISSUE PRICE: ₹ 900.00

    RETAIL LOT : 16 SHARES

    LISTING PRICE

    BSE: ₹ 1291.20

    NSE: ₹ 1299.00

    PROFIT PER LOT BSE : ₹ 6,259.20

    PROFIT PER LOT NSE : ₹ 6,384.00

  • August 26, 2024 09:46

    Stock market live updates today: IPO screener: Interarch Building shares listing today after blockbuster response

    Shares of Interarch Building Products will be listed on the exchanges today. The company has fixed the IPO pride at ₹900, at the upper end of the price band ₹850-900 after the issue closed with strong subscriptions. Read more

  • August 26, 2024 09:45

    Stock market live updates today: Mini Diamonds India in business arrangement with Parasamani Inc based in Canada; shares up 2% on BSE

    Mini Diamonds India Ltd (MDIL) has entered into a strategic business arrangement with Parasamani Inc., a jewellery company based in Toronto, Canada. 

    Shares were up 2% on the BSE, trading at ₹114.88

  • August 26, 2024 09:43

    Stock market live updates today: Exhicon Event Media Solutions inks pact with Perfect-Octave to acquire 76% equity stake in the company; shares surge on BSE

    Exhicon Event Media Solutions Ltd has signed a Memorandum of Understanding with Perfect-Octave Ltd for acquisition of 76 per cent of the equity stake of the company.

    Shares surge 5.72% on the BSE, trading at ₹330.

  • August 26, 2024 09:38

    Stock market live updates today: M&M receives order from tax authority for payment of ₹7.5 lakh penalty; shares trade flat on NSE

    Mahindra & Mahindra has received an order from the Deputy Commissioner, Haridwar, Uttarakhand imposing a penalty under the CGST Act, 2017 amounting to ₹7,49,542/- in relation to claim of Input Tax Credit (ITC) against invoices pertaining to FY 2019-20 on which supplier has apparently not discharged GST liability.

    Mahindra & Mahindra shares trade flat on the NSE, trading at ₹2,780.

  • August 26, 2024 09:35

    Stock market live updates today: Major gainers and losers on the NSE as at 9.30 am

    Major gainers: ONGC (2.29%), Wipro (1.65%), LTIMindtree (1.36%), Tech Mahindra (1.29%), TCS (1.13%)

    Top losers: Apollo Hospitals (-1.01%), HDFC Life (-0.99%), Grasim (-0.96%), ITC (-0.67%), Hero Motocorp (-0.53%)

  • August 26, 2024 09:22

    Stock market live updates today: Crude oil edges up on rising tensions in West Asia

    Crude oil futures traded higher on Monday morning due to fears of escalating tensions in West Asia. Hopes of interest rate cut in the US in September also boosted the price of the commodity. At 9.18 am on Monday, November Brent oil futures were at $78.67, up by 0.67 per cent, and October crude oil futures on WTI (West Texas Intermediate) were at $75.34, up by 0.68 per cent. September crude oil futures were trading at ₹6337 on Multi Commodity Exchange (MCX) during the initial hour of trading on Monday against the previous close of ₹6293, up by 0.70 per cent, and October futures were trading at ₹6283 against the previous close of ₹6248, up by 0.56 per cent.

  • August 26, 2024 09:19

    Stock market live updates today: Nifty 50 was up 57.50 points or 0.23% to trade at 24,880.65, and BSE Sensex increased by 214.52 points or 0.26% to trade at 81,300.73 as at 9.16 am.

  • August 26, 2024 09:17

    Stock market live updates today: Corporate Actions

    Transport Corporation of India has received approval from the Board of Directors for the buyback of up to 13,33,333 equity shares (1.72% of paid-up equity) for a total of Rs 159 crore at a price of Rs 1,200 per share. September 4 has been fixed as the record date.

    Dividend

    26-Aug-24

    MANAPPURAM: Interim Dividend - Rs. - 1.00

    DHRUV: Final Dividend - Rs. - 0.25

    ZWELCAST: Final Dividend - Rs. - 2.50

    27-Aug-24

    KSE: Final Dividend - Rs. - 30.00

    AMARJOTHI: Dividend - Rs. - 2.20

    UNIDT: Final Dividend - Rs. - 1.20

    WINDMACHIN: Final Dividend - Rs. - 0.50

    KDDL: Final Dividend - Rs. - 4.00

    MANORAMA: Final Dividend - Rs. - 0.40

    28-Aug-24

    HINDZINC: Interim Dividend - Rs. - 19.00

    HAZOOR: Interim Dividend - Rs. - 2.00

    DMCC: Final Dividend - Rs. - 1.00

    INTLCOMBQ: Dividend - Rs. - 5.00

    ASAHIINDIA: Final Dividend - Rs. - 2.00

    FORCEMOT: Final Dividend - Rs. - 20.00

    SIGACHI: Final Dividend - Rs. - 0.10

    BAJAJST: Final Dividend - Rs. - 3.00

    YUKEN: Final Dividend - Rs. - 1.50

    29-Aug-24

    RADIANTCMS: Final Dividend - Rs. - 2.50

    IGPL: Final Dividend - Rs. - 7.50

    JAMNAAUTO: Final Dividend - Rs. - 1.30

    MULTIBASE: Final Dividend - Rs. - 3.00

    PDMJEPAPER: Dividend - Rs. - 0.60

    HONDAPOWER: Final Dividend - Rs. - 17.50

    AMJLAND: Dividend - Rs. - 0.20

    CLEAN: Final Dividend - Rs. - 3.00

    IPO

    Premier Energies: 27-Aug-24; Close: 29-Aug-24

    ECOS (India) Mobility & Hospitality: 28-Aug-24; Close: 30-Aug-24

    Baazar Style Retail: 30-Aug-24; Close: 03-Sep-24

    Buyback

    VLS Finance: Ex-Date: 26-Aug-24

    KDDL: Ex-Date: 27-Aug-24

    Technocraft Industries: Ex-Date: 27-Aug-24

    Suprajit Engineering: Ex-Date: 27-Aug-24

    Indian Toners & Developers: Ex-Date: 30-Aug-24

    Weizmann: Ex-Date: 30-Aug-24

    Nucleus Software Exports: Ex-Date: 03-Sep-24

    Navneet Education: 20-Aug-24; Close: 26-Aug-24

    TTK Prestige: 21-Aug-24; Close: 27-Aug-24

    Cera Sanitaryware: 22-Aug-24; Close: 28-Aug-24

    Savita Oil Technologies: 22-Aug-24; Close: 28-Aug-24

    Dhanuka Agritech: 22-Aug-24; Close: 28-Aug-24

    Chaman Lal Setia Exports: 23-Aug-24; Close: 29-Aug-24

    AIA Engineering: 26-Aug-24; Close: 30-Aug-24

    Bonus

    VST Industries: Bonus Issue 10:1; Ex-Date: 30-Aug-24

    Garment Mantra Lifestyle: Bonus Issue 1:1; Ex-Date: 03-Sep-24

    Power Mech Projects: Bonus Issue 1:1; Ex-Date: 28-Sep-24

    Stock Split

    Aditya Vision: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 27-Aug-24

    Bondada Engineering: Stock Split From Rs.10/- to Rs.2/-; Ex-Date: 02-Sep-24

    Sapphire Foods India: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 05-Sep-24

    Andhra Paper: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 11-Sep-24

    Sportking India: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 13-Sep-24

    Right Issue

    Modern Engineering: Ex-Date: 26-Aug-24

    Vardhman Polytex: Ex-Date: 28-Aug-24

    Vishvprabha Ventures: Ex-Date: 06-Sep-24

    Swiss Military Consumer Goods: 23-Aug-24; Close: 06-Sep-24

    Vinny Overseas: 27-Aug-24; Close: 10-Sep-24

    Orient Green Power Company: 27-Aug-24; Close: 13-Sep-24

  • August 26, 2024 09:12

    Stock market live updates today: Stocks that will see action today: August 26, 2024

    Power Grid Corporation has received shareholders’ approval to raise the borrowing limit for fiscal yean 2024-25 to ₹15,000 crore. Shareholders approved the resolution to enhance the borrowing limit from ₹12,000 crore to ₹15,000 crore, from the domestic market through the issue of secured/ unsecured, non-convertible, cumulative/ non-cumulative, redeemable, taxable/ tax-free debentures/bonds under private placement for the 2024-25 financial year. ​Read more

  • August 26, 2024 09:04

    Stock market live updates today: Brokerage house views

    Kotak Inst. On Reliance Ind

    Maintain Add, Target Cut To Rs 3,200 From 3,300

    50% Decline In Retail Capex A Key Positive Of FY24 Annual Report

    Cons Capex Declines Only by 7% In FY24

    Telecom Capex Remaining High & Other Segments See 5x Rise

    Optimistic Of Further Decline In Capex & Net Debt As Telecom Capex Moderates

    Pace Of Invst In New Energy Remained Slow With FY24 Invst Of $1-1.2 Bn

    Have Further Moderated Our Retail & O2C Earnings For FY25

    CLSA on Reliance Ind

    Outperform Call, Target Rs 3,300

    Third Year Of New Energy Brought Co’s New Venture Closer To Reality

    Co Planning To Launch Its Solar PV Giga-factory By The End Of 2024

    FY24 Financials Reveal Capex Of $1 Bn For Solar Mfg Business

    Upcoming AGM Should Provide More Granularity

    Jefferies on Emcure Pharma

    Initiate With A Buy Call, Target At Rs 1,600

    Have Strong Chemistry Skills In Developing Complex Molecules

    No Exposure To Volatile US Market A Key Differentiator

    High Growth In India & Canada, Op Leverage & Debt Reduction Should Benefit

    See 11% Rev CAGR From Mkt Share Gains In India & New Launches In Exports

    See Profit CAGR Of 29% Over FY24-27.

    Investec on Bansal wire

    Initiate With A Buy Call, Target Rs 440

    Created A Niche For Itself In Commoditised Steel/Stainless Steel Wire Market

    Offering The Widest Product Range And Reducing Customer/Industry Concentration

    Undertaking Two Initiatives That Are Sharply More Profitable

    Foraying Into Steel Cords & Backward Integration In Stainless Steel Rods

    See 40%+ EBITDA CAGR Over FY24-27E, With High Teens Post-tax RoCE

    Valuations At 24x FY26e PE/ 17x FY27e PE Look Undemanding

    Citi on Zydus Life

    Sell Call, Target Rs 890

    Asacol HD Generic Finally Has A Generic Competition

    Teva Receives US FDA Nod For Asacol HD, Gets 180-day Exclusivity

    Asacol HD Likely To Have Contributed $140-160 m Of Sales In FY24

    With Teva’s Launch, Sales Of The Product May Fall By 40-50% From Current Level

    Impact Of Competition In This Product Should Also Reflect In The Valuations

    Nomura on Apollo Hospitals

    Downgrade To Neutral From Buy, Target Raised To Rs 6,856 From 6,724

    Rise In Hospital Profitability To Be Gradual Hereon

    Digital Segment Growth Underwhelming

    Valuations Are At A Premium To Most Industry Peers

    Limited Opportunities To Expand Capacity In Existing Hospitals

    Expect The Expansion To Be A Drag On EBITDA Margin In Near Term

    Jefferies on IT

    Nifty IT Has Outperformed Nifty In CY23/CY24 YTD By 4%/2% Despite EPS Cuts

    Large Caps Have Outperformed CYTD Due To Smaller Cuts To EPS Estimates

    Recent Upmove In IT May Be Led More By Technical Factors

    Like TCS/Infosys Given Lower Risks To EPS Cuts & Valuation Comfort

    HSBC on Oil Mktg Cos

    Maintain Buy On HPCL, BPCL & IOC

    Target For IOC Raised To Rs 200 From 180

    Target For BPC Cut To Rs 460 From 470

    Target For HPCL Raised To Rs 480 From 440

    Downward Orientation Of Global Oil Prices Is Positive

    Expect Low Government Interference In Pump Prices

    Strong Marketing Margin Offsets Weakness In GRMs

  • August 26, 2024 09:03

    Stock market live updates today: Overall rainfall status across India healthy

    Mumbai, Aug 26: The overall rainfall status across India has been healthy even while spatial divergence persists. Cumulative rainfall as on August 23 was 3 per cent above the long-term average, whereas weekly rainfall (as on August 21) was 7 per cent below LTA, according to Emkay Global Research. 

    While the spatial divergence in rainfall has reduced, it persists with central India (8 per cent) and the southern Peninsula (20 per cent) well in surplus. In North and West India (-1 per cent) are at par and East and North East India (-12 per cent) are in deficit so far.

    Total area under sowing (103.2mnha) as on August 16 is higher (2 per cent YoY) than last year. This is mainly due to healthy sowing for most major food crops – rice (36.9mn ha; 6 per cent YoY), pulses (12 mn ha; 6 per cent YoY), coarse cereals (18.2 mn ha; 3 per cent YoY), and oilseeds (18.7 m nha; 1 per cent YoY). Among non-food crops cotton sowing (11.1 mn ha; -9 per cent YoY) is lower. Overall area under sowing is at 94 per cent of normal area sown, compared with 93 per cent at the same point in 2023, according to the report.

  • August 26, 2024 09:02

    Stock market live updates today: Transport Corporation of India Limited-Buyback

    Route – Tender 

    Buyback Price: 1,200 

    Current Market Price: 1,144 

    Market Cap: Rs 8,912 Crores 

    Buyback Size: Rs 160 Crores (Representing 9.11% and 8.24% of the total paid up equity share capital and free reserves) 

    Buyback Size: 13,33,333 shares (Representing 1.72% of O/s. shares 

    Retail Quota: 2,00,000 Shares

    Last Cum Trading Date: 03 Sep 2024

    Ex-Date: 04 Sep 2024

    Buyback Record Date: 04 Sep 2024

    Buyback Schedule: Not Yet Announced

  • August 26, 2024 09:01

    Stock market live updates today: *Researchbytes Analyst App *

    https://play.google.com/store/apps/details?id=com.intelegain.rb

    Recent Interview...

    As of 18:32 PM Friday 23 August 2024

    Aarti Pharmalab: Rashesh Gogri, Chairman

    Aarti Pharma: Mixed Q1 Recorded, What’s Growth Outlook For FY25? | Rashesh Gogri

    https://www.youtube.com/watch?v=yjtdH7F6vSk

    Capacite Infra: Rohit Katyal, ED & CFO

    Margin Could Increase By Another 50 Bps Going Forward: Capacite Infraprojects

    https://www.youtube.com/watch?v=TNTc9HYz_lA

    GMR Infra: Saurabh Chawla, ED-Finance

    GMR Airports: Soaring Into The Future, Ambitious Growth Plans Unveiled & Focus Areas

    https://www.youtube.com/watch?v=lMjUCHkM-3s

    IREDA: Pradip Kumar Das, CMD

    IREDA: ‘Confident Of Maintaining Assets Quality Going Ahead’, What’s The Expansion Plan For FY25?

    https://www.youtube.com/watch?v=ac3oms9CKoI

    Jana Small Fin: Ajay Kanwal, MD

    Jana Small Finance Bank: Outlook On NPAs, Strategy For Universal Bank Status & Growth

    https://www.youtube.com/watch?v=7IKqm689VFk

    Metro Brands: Kaushal Parekh, CFO

    Target Is To Touch Or Exceed 100 Stores In FY25, Expect H2FY25 To Be Very Strong: Metro Brands

    https://www.youtube.com/watch?v=UKOWupIERy8

    Muthoot Finance: George Muthoot Alexander, MD

    Loan To Value Is At 54% Of Gold Loans, Which Turned Into NPAs: Muthoot Finance

    https://www.youtube.com/watch?v=utQhN8AvLrk

    Shyam Metalics And Energy: Brij Bhushan Agarwal, MD

    Expect To Achieve More Than Double Our Revenue In Next Three Years: Shyam Metalics & Energy

    https://www.youtube.com/watch?v=VRyTQG5G8Hs

    Titan Company: CK Venkataraman, MD

    Zoya Will Grow At CAGR Of 40% Over The Next 5 Years: Titan Company

    https://www.youtube.com/watch?v=gqMl2746Cus

    V-Mart Retail: Anand Agarwal, CFO

    Mid-To-High Single Digit Same Sales Growth Should Be Possible: V-Mart Retail

    https://www.youtube.com/watch?v=ZfMivmK3w3o

    Events today…

    https://www.researchbytes.com/Default.aspx?cc=event

    Results today…

    https://www.researchbytes.com/Default.aspx?cc=result

    Replays available at www.researchbytes.com

  • August 26, 2024 09:01

    Stock market live updates today: Fund House Recommendations  

    BofA on Larsen: Maintain Buy on Company, target price at Rs 4043/Sh (Positive) 

    Jefferies on Emcure: Initiate Buy on Company, target price at Rs 1600/Sh (Positive) 

    Investec on Bansal Wire: Initiate Buy on Company, target price at Rs 440/Sh (Positive) 

    CLSA on Reliance: Maintain Outperform on Company, target price at Rs 3300/Sh (Positive) 

    Jefferies on IT Sector: Nifty IT has outperformed Nifty in CY23/YTDCY24 by 4%/2% despite EPS cuts, due to P/E re-rating (Neutral) 

    BofA on Autos: August- Seasonal softness lingers, early festive in Sep key (Neutral) 

    CLSA on Insurance: Rising cases of hospital-insurer conflicts during contract renewal (Neutral) 

    Citi on Zydus Life: Maintain Sell on Company, target price at Rs 890/Sh (Neutral) 

    Nomura on Apollo Hospitals: Downgrade to Neutral on Company, raise target price at Rs 6856/Sh (Neutral) 

    Kotak on Reliance Ind: Maintain Add on Company, target price at Rs 3200/Sh (Neutral) 

    Nuvama on Coal India: Maintain Hold on Company, target price at Rs 567/Sh (Neutral)

  • August 26, 2024 09:00

    Stock market live updates today: Silver up at $29.81

    Silver rose as the dollar index fell to 100.5, its lowest level since July 2023, as Federal Reserve Chair Jerome Powell fuelled expectations of an interest rate cut in September. Powell said in his Jackson Hole lecture on Friday that the time has come to change policy in response to increased labour market uncertainties, while still expressing confidence that inflation will return to the central bank’s 2% target. Markets now expect a 25 basis point rate drop next month, with a one-third possibility of a greater 50 basis point reduction.

    Key economic data slated for release includes German ifo Business Climate from Euro Zone and Core Durable Goods Orders m/m, Durable Goods Orders m/m from US Zone.

  • August 26, 2024 09:00

    Stock market live updates today: Gold near new high at $2514.22

    Gold hovered around $2,515, near to record levels, as Federal Reserve Chair Jerome Powell confirmed expectations of a rate drop in September. Powell said in his Jackson Hole speech last week that the Fed is willing to change its policy, with the timing and magnitude of rate drops determined by future economic data. He also mentioned that employment market risks have risen, while inflation risks have lessened. The FOMC is now more optimistic that price growth will near the 2% target, which strengthens the case for lower borrowing costs. Markets are split on whether the Fed will drop rates by 25 basis points or 50 basis points at its September meeting, but they are pricing in a total of 100 basis points in rate reduction for the remainder of the year, lowering the opportunity cost of holding non-interest-bearing assets.

    Key economic data slated for release includes German ifo Business Climate from Euro Zone and Core Durable Goods Orders m/m, Durable Goods Orders m/m from US Zone.

  • August 26, 2024 08:58

    Stock market live updates today: Corporate file

    FDC: US FDA Inspection for Baddi, Himachal Pradesh Unit Completed With Zero Observations

    JSW Energy: Arm JSW Neo Energy gets LoA for 250 mw grid-connected wind power project from Adani Electricity Mumbai. 

    Kec International: Company wins new orders of Rs. 1,079 cr in transmission & distribution and cables businesses.

    Lemon Tree Hotels: Company signs license pact for 175-room property in Surat, Gujarat 

    Cyient: Company incorporates subsidiary, Cyient Semi-conductors. 

    Uno Minda: Sets up new manufacturing plant at Neemrana, Rajasthan 

    Alstone textiles: Company approved issuance of 5 billion shares, issuance of shares to non-promoters on preferential basis; approved raising of fund up to Rs 10 billion

    Symphony: Company arm incorporates China-based unit Dongguan GSK Appliances.

    FDC: US FDA Inspection for Baddi, Himachal Pradesh Unit Completed With Zero Observations

    JSW Energy: Arm JSW Neo Energy gets LoA for 250 mw grid-connected wind power project from Adani Electricity Mumbai. 

    Kec International: Company wins new orders of Rs. 1,079 cr in transmission & distribution and cables businesses.

    Lemon Tree Hotels: Company signs license pact for 175-room property in Surat, Gujarat 

    Cyient: Company incorporates subsidiary, Cyient Semi-conductors. 

    Uno Minda: Sets up new manufacturing plant at Neemrana, Rajasthan 

    Alstone textiles: Company approved issuance of 5 billion shares, issuance of shares to non-promoters on preferential basis; approved raising of fund up to Rs 10 billion

    Symphony: Company arm incorporates China-based unit Dongguan GSK Appliances.

    Shyam metalics: Company says acquisition of 100% stake in SMEL steel structural Pvt Ltd by unit Shyam sel and power ltd, entity being acquired belongs to manufacturing of various metal and metal products.

    Ambuja Cements: GQG Partners Emerging Markets Equity Fund bought 2.68 crore shares of Ambuja Cements (1.08%) at Rs 625.5 apiece.

    Zydus Life: Company to acquire 50% stake in Sterling Biotech from Perfect Day

    Ashoka Buildcon: Company emerges lowest bidder for MMRDA project worth Rs 478 cr

    IDFC: Gets Income tax Refund of ₹202.55 crore for assessment year 2023 – 2024 

    Karur Vysya Bank: RBI approves SBI Mutual Fund’s proposal to acquire 9.99% stake in Bank 

    ONGC: Company started production from its 5th Oil Well in Block KG-DWN-98/2 Cluster-2 Asset Of Deepwater Block in Krishna River 

    Hero MotoCorp: Hero Motors, the flagship auto components company of the group has filed its IPO papers with SEBI 

    Trent, Bharat Electronics: NSE to add Trent, Bharat Electronics to Nifty 50 Index effective Sept 30

    Alembic Pharma: Company gets U.S. FDA final approval for ANDA of Betamethasone Valerate Foam. 

    REC: Company has inked an initial pact to provide up to Rs 45,000 crore financing to various Jawaharlal Nehru Port Authority projects. 

    Vascon Engineers: Company plans to boost its real-estate business over the next two years. 

    Jio Fin: Company received approval for foreign investment limit of 49% of the paid-up capital of the Company. 

    PTC India: Company acquires Hot rolled mill to boost Titanium Alloy plates manufacturing. 

    FTSE announces changes to FTSE all cap and all world indices. Bank Of Maharashtra, Bharat Dynamics, Central Bank Of India, Cochin Shipyard, Escorts, Endurance, GE T&D, HUDCO, IRB Infra, KEI, Hitachi and Llyod metals added to the list

    Varroc Engineering: Company issued commercial paper for up to Rs. 500 Million 

    Elpro international: Company acquired equity shares of central depository services, cost of acquisition Rs 142.2 Million 

    IDFC: Company gets Income Tax Refund of ₹202.55 crores (comprising Tax of Rs. 189.25 crores and Interest of ₹13.30 crores) for Assessment Year 2023-24.

    TCC Infotech: Company has completed acquisition of natural environment solutions private industry to which the entity being acquired belongs to data centre 

    Vardhman textiles: Company issues clarification regarding winning of textile contract of Rs 30 Billion, Company doesn’t have JV with manomay tex india in relation to said contract 

    Dr Reddy’s Lab: USFDA completed a product-specific Pre-Approval Inspection at formulations manufacturing facility in Srikakulam, Andhra Pradesh. USFDA issued a form 483 with three observations 

    Zen Technologies: Company closes QIP, sets issue price at Rs 1,601/share:

    SBI: Bank plans to raise up to Rs 7,500 crore by issuing tier-II bonds by the end of August.

    Reliance Infra and Reliance Power: Anil Ambani had resigned from the board of directors of Reliance Infrastructure and Reliance Power.

    Transport Corporation of India: Company to repurchase shares up to Rs 159 cr at Rs 1,200/Sh 

    Infosys: CEO Salil Parekh does not foresee any layoffs in his company on account of these new-age technologies. 

    Divi’s Labroatories, LTIMindtree: NSE to exclud from the Nifty 50 index from September 30, 2024. 

    Zydus Life: Over the weekend, Teva received US FDA approval for gAsacol HD

  • August 26, 2024 08:08

    Stock to buy today: MAX ESTATES SECURES NOIDA APPROVAL FOR “DELHI ONE” COMMERCIAL PROJECT, PROCEEDS WITH NCLAT RATIFICATION FOR RESOLUTION PLAN IMPLEMENTATION

  • August 26, 2024 08:03

    Stock market live updates today: Domestic markets to open firm on Powell’s fuel

    Domestic markets are expected to open on a flat to positive note on Monday, thanks to the US Fed chief signalling an imminent rate cut. The US Fed Chair Jerome Powell on Friday signalled that the central bank would cut its interest rate in the September meeting. ​Read more

  • August 26, 2024 07:43

    Stock market live updates today: PTC INDUSTRIES: CO ACQUIRES HOT ROLLING MILL TO BOOST MANUFACTURING OF TITANIUM ALLOY PLATES AND SHEETS FOR AEROSPACE AND DEFENCE APPLICATIONS

  • August 26, 2024 07:29

    Stock market live updates today: JIO Financials: Approval received for foreign investment limit of 49% of the paid-up capital of the company

  • August 26, 2024 07:25

    Stock market live updates today: Listing of Interarch Building Products Limited on 26th August, 2024 

    Symbol: INTERARCH 

    Series: Equity “B Group” 

    BSE Code: 544232 

    ISIN: INE00M901018 

    Face Value: Rs 10/- 

    Issued Price: Rs 900/- per share

  • August 26, 2024 07:14

    Stock market live updates today: Corporate events

    Vardhman Textiles: Co Issues Clarification Regarding Winning Of Textile Contract Of 30B Rupees || Co Says Doesn’t Have JV With Manomay Tex India In Relation To Said Contract

    KEC International: Co Wins New Orders Of Rs. 1,079 Crores In Transmission & Distribution (T&D) And Cables Businesses

    Lemon Tree Hotels: Co Signs A New Property In Surat, Gujarat Under The Aurika Hotels & Resorts Brand || Property Will Expand The Footprint Of The Company’s Upscale Brand – Aurika Hotels & Resorts

    Alstone Textiles (India): Co Approved Issuance Of 5B Shares || Issuance Of Shares To Non-Promoters On Preferential Basis; Approved Raising Of Fund Up To 10B Rupees

    TAC Infosec: TAC Security To Acquire American Cybersecurity Firm Cyber Sandia, Strengthening U.S. Public Sector Business

    Techknowgreen Solutions: Co To Set Up Unit In USA || Co To Set Up Unit In Singapore

  • August 26, 2024 07:12

    Stock market live updates today: Value investing. High risk and high reward bets can be a losing strategy

    Almost every investor aspires to outperform the market and peers by a significant margin. When asked how they plan to achieve this, they often vaguely reference the strategy of picking big winners in the stock market, aiming at substantial returns. In theory, this approach is hard to refute — after all, selecting large winners should, all else being equal, set one’s portfolio apart from the market. ​Read more

  • August 26, 2024 07:04

    Stock market live updates today: Q1FY25 EARNING CALENDAR 26.08.2024 CEIGALL

  • August 26, 2024 07:04

    Stock market live updates today: Securities in F&O Ban For Trade Date 26-August-2024

    * AARTIIND

    * ABFRL

    * BALRAMCHIN

    * BSOFT

    * CHAMBLFERT

    * GNFC

    * GRANULES

    * HINDCOPPER

    * IEX

    * INDIACEM

    * NATIONALUM

    * RBLBANK

    * SUNTV

  • August 26, 2024 07:04

    Stock market live updates today: Market close on Friday, August 23rd 2024

    NIFTY (+12, 24823) 

    Sensex (+33, 81086)

    Bank Nifty (-52, 50933)

    .

    # BUZZING STOCKS FOR THE DAY:

    Top Index Gainers: 

    BAJAJ AUTO (+4.74%)

    COALINDIA (+1.70%)

    BHARTIARTL (+1.59%)

    TATAMOTORS (+1.58%)

    SUNPHARMA (+1.39%)

    Top Index Losers:

    LTIM (-1.27%) 

    WIPRO (-1.16%)

    ONGC (-1.01%)

    ASIANPAINTS (-1.21%)

    TITAN (-0.93%)

    # Adv-Dec 22—28

    # INDIA VIX 13.55 (+4.23%)

    # NIFTY PCR (29th Aug) 1.20

    # Nifty MidCap 50 (-0.68%, 16463)

    # NiftySmallC (-0.11%, 19079)

    # BANK Nifty (-0.10%, 50933)

    # Nifty IT (-1.00%, 41090)

    # USD/INR (-0.06%, 83.90)

  • August 26, 2024 07:00

    Stock market live updates today: Instl. Investors EQUITY Cash Trades PROV. - 23/08/2024 : Rs. CRS. :

    FIIS : BUY +1,914 (16,775-14,831)

    DIIS : BUY +2,896 (13,341-10,445)

  • August 26, 2024 06:59

    Stock market live updates today: Economic Calendar – 26.08.2024 

    U.K.. Market Holiday

    13.30 EURO German ifo Business Climate (Expected: 87.0 versus Previous: 87.0)

    18.00 U.S. Durable Goods Orders m/m (Expected: 4.0% versus Previous: -6.7%)

  • August 26, 2024 06:58

    Stockmarket live updates today: How the Japanese yen will carry the trade

    The Japanese yen was in the news recently for creating a short-lived panic sell-off in the global equity markets. The trigger came after the Bank of Japan increased their interest rates to 0.25 per cent on July 31 from its earlier 0-0.1 per cent range. ​Read more

  • August 26, 2024 06:57

    Stock market live updates today: 9 of top 10 valued firms add ₹95,522 crore to market valuation; Reliance, TCS lead gainers

    The combined market valuation of nine of the top 10 most valued firms jumped by ₹95,522.81 crore last week, with Reliance Industries, TCS and HUL emerging as the biggest gainers. ​Read more

  • August 26, 2024 06:51

    Stock market live updates today: India stock indices nearing fresh record highs, eye global macroeconomic data for cues

    This week, Indian stock indices accumulated 0.7-1.0 per cent gains on a cumulative basis. The indices rose for a seventh straight session on Friday, reportedly their longest rally in 2024. However, on the last trading session of the week, Friday, the indices treaded with caution ahead of Federal Reserve Chair Jerome Powell’s much-awaited Jackson Hole Symposium speech, which had global repercussions. ​Read more

  • August 26, 2024 06:49

    Stock market live updates today: Royal Orchid Hotels aims to double its footprint to 200 hotels by FY27

    Bengaluru-based ​Royal Orchid Hotels Ltd​ is targeting an expansion of its hotel network to 200 properties by FY27. The company plans to achieve this by capitalising on the growing demand for domestic travel and increasing its presence in tier-two and tier-three cities across India. With this, the company is set on reaching a profit after tax (PAT) of ₹100 crore by 2026. ​Read more

  • August 26, 2024 06:47

    Stock market live updates today: Anil Ambani exploring legal options against SEBI order

    Anil Ambani is taking legal advice on the order passed by ​SEBI​ which ​barred him from accessing the securities market for five years​ for alleged diversion of funds. ​Read more

  • August 26, 2024 06:46

    Stock market live updates today: Expect full recovery of claims made under credit guarantee schemes, interim Bandhan Bank MD says

    Private sector lender Bandhan Bank is confident that it will receive full amount of claims made under two credit guarantee schemes, interim MD & CEO Ratan Kesh told businessline. Read more

  • August 26, 2024 06:42

    Stock market live updates today: FPIs remain net sellers in equities in August, global factors and LTCG tax hike weigh in

    Foreign Portfolio Investors (FPIs) continued to be net sellers in Indian equities this past week, although the aggressive selling seen in recent weeks may have abated. Read more

  • August 26, 2024 06:39

    Stock market live updates today: Stock recommendation for today: Stock to buy today: Cholamandalam Financial Holdings (₹1,697.15): BUY

  • August 26, 2024 06:37

    Stock market live updates today: Stock to buy today: Cholamandalam Financial Holdings (₹1,697.15): BUY

    The short-term outlook is bullish for Cholamandalam Financial Holdings. The stock had surged about 7 per cent last week and has closed on a strong note. That rise has taken the share price well above the key resistance level of ₹1,635. The broad region between ₹1,635 and ₹1,590 will be a very good support zone for the stock. Read more

  • August 26, 2024 06:35

    Stock market live updates today: Nifty and Bank Nifty Prediction for the week 26 Aug’24 to 30 Aug’24 by BL GURU