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Latest Market News Today Live Updates August 16, 2024: Orient Technologies IPO: From financials to key risks, here are 10 things to know from the RHP before you subscribe


Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

16 Aug 2024, 05:21:24 PM IST

Stock Markets Today Live Updates: Orient Technologies IPO: From financials to key risks, here are 10 things to know from the RHP before you subscribe

  • Orient Technologies IPO: The issue opens for subscription on 21 August 21, 2024 and closes on August 23, 2024. Here are 10 key things, from financials to Key risks, to know from the RHP before you subscribe

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16 Aug 2024, 05:19:58 PM IST

Stock Markets Today Live Updates: Is Warren Buffett’s massive cash pile an indication of a coming market downturn?

  • Warren Buffett’s Berkshire Hathaway sold a significant portion of its Apple shares in Q2 2024, boosting its cash reserves to a record $277 billion. This aligns with Buffett’s strategy of maintaining strong liquidity during uncertain times.

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16 Aug 2024, 04:50:05 PM IST

Stock Markets Today Live Updates: Markets likely to remain volatile; prioritise numbers over narratives, says Sushant Bhansali of Ambit Asset Management

  • Sushant Bhansali, CEO, Ambit Asset Management, advised investors to focus on building a portfolio centered on earnings growth, and be cautious where extreme optimism has been priced in.

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16 Aug 2024, 04:19:52 PM IST

IPO News Today Live Updates: Smartworks Coworking Spaces files DRHP with SEBI to raise funds via IPO; check details

  • Smartworks Coworking Spaces Ltd filed its DRHP with SEBI for an IPO, including an OFS by promoters and a new issue of equity shares valued at 550 crore. Smartworks Space Pte Ltd, Keppel Real Estate Services Pte Ltd agreed on a USD 2.085 mln acquisition involving 2 co-working centres in Singapore.

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16 Aug 2024, 04:12:14 PM IST

Stock Markets Today Live Updates: Markets are way out of line with reality, according to these measures

  • Three popular stock market valuation tools are saying the rebound of the past couple of weeks is a fools’ rally.

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16 Aug 2024, 04:03:29 PM IST

Stock Markets Today Live Updates: Top Gainers and Losers today on 16 August, 2024: Wipro, Tech Mahindra, Divis Laboratories, SBI Life Insurance Company among most active stocks; Check full list here

  • Top Gainers and Losers Today : The Sensex gained 1330.96 points, or 1.68, to settle at 79105.88, while the Nifty gained 397.4 points, or 1.65, to close at 24143.75.

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16 Aug 2024, 03:54:52 PM IST

Stock Markets Today Live Updates: Adani Enterprises, Tata Motors and more: These 5 stocks posted over 45% jump in Q1 profit

  • Let’s take a look at five standout stocks that delivered over a 45% jump in Profit After Tax (PAT) during the June quarter, reflecting their strong operational performance and positioning within their respective sectors.

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16 Aug 2024, 03:37:16 PM IST

Stock Markets Today Live Updates: Indian market offers very little value across sectors and stocks, says Kotak Institutional

  • Kotak Institutional Equities notes that the Indian market is overheated with high valuations driven by euphoric sentiment among non-institutional investors, a strong macroeconomic backdrop, and a favorable earnings outlook. It identifies sectors trading at fair, full, and frothy valuations.

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16 Aug 2024, 03:19:54 PM IST

Stock Markets Today Live Updates: DLF, Oberoi Realty to Sunteck Realty: Why are realty stocks skyrocketing today?

  • Stock market today: Nifty Realty Index zoomed around 2.30% during Friday deals

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16 Aug 2024, 02:35:23 PM IST

IPO News Today Live Updates: Saraswati Saree Depot IPO allotment in focus today; Latest GMP, 4 steps to check status

  • Saraswati Saree Depot IPO allotment will be finalised today, August 16. Check allotment status on Bigshare Services’ portal. With a 107.52 times subscription, shares will be credited and refunds processed on August 19. The listing is scheduled for August 20 on BSE and NSE.

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16 Aug 2024, 02:26:57 PM IST

Stock Markets Today Live Updates: Stocks to buy: Tata Motors, Maruti Suzuki, TVS, Eicher among top picks in Auto sector by Yes Securities after Q1 results

  • Stocks to buy: Top stock picks in the Auto sector by Yes Securities are Tata Motors, TVS Motor Company, Eicher Motors among OEMs. In auto ancillaries, the brokerage firm likes Samvardhana Motherson International and Endurance Technologies.

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16 Aug 2024, 02:21:59 PM IST

Stock Markets Today Live Updates: LT Foods share price hits 52-week high, soars 123% from its 52-week low; Geojit says buy it

  • LT Foods shares hit a 52-week high after rising nearly 7 per cent. The stock has been climbing since June on a monthly scale and gained 123 per cent since its 52-week low. Geojit upgraded the stock to a buy with a target of 378.

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16 Aug 2024, 02:12:53 PM IST

Stock Markets Today Live Updates: UltraTech , ACC, Ambuja , share prices down 5-15% in a month as Q1 results miss estimates: Should you Buy, Sell or Hold?

  • Stock Market Today: UltraTech Cement , ACC Ltd, Ambuja Cements , Dalmia Bharat Ltd, Shree Cement share prices have seen decline 5-15% over last one month. Analysts said that Q1FY25 turned out to be weaker than expected and operating performance missed estimates. Should you Buy, Sell or Hold ?

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16 Aug 2024, 02:01:24 PM IST

Stock Markets Today Live Updates: Multibagger: Sky Gold gained 771% in last 1 year but Nuvama sees another 44% upside – key reasons why

  • Sky Gold’s stock price surged 771% over the past year. The company aims for a 25% RoCE by FY27, driven by higher capacities, strategic acquisitions, and increased export contributions.

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16 Aug 2024, 01:50:19 PM IST

Stock Markets Today Live Updates: Nifty IT index jumps 2.50% on fading US recession fears, weak US dollar. Shares of MPhasis, Wipro, TechM rise

  • Stock market today: Mphasis shares led the rally in the Indian IT pack by logging around 6.60% intraday rise on Friday

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16 Aug 2024, 01:18:05 PM IST

IPO News Today Live Updates: Sunlite Recycling Industries IPO allotment likely to be out soon; Latest GMP, steps to check allotment status

  • Sunlite Recycling IPO allotment status is most likely to be finalised today. Investors can check their Sunlite Recycling Industries IPO allotment status online on the NSE website on the official portal of the IPO registrar, which is Cameo Corporate Services Limited.

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16 Aug 2024, 12:59:41 PM IST

Stock Markets Today Live Updates: Kewal Kiran Clothing share price down 24% from 52-week high; can it fall further?

  • Kewal Kiran Clothing share price has fallen 24% since October 25, 2023, and 15.93% over six months. Rajesh Bhosale sees 590-600 as key support. Antique Stock Broking cut its target price to 993 due to subpar 1QFY25 performance.

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16 Aug 2024, 12:58:59 PM IST

Stock Markets Today Live Updates: Dynamatic Tech: Multibagger stock slumps 26% in 3 months; is it a good time to buy?

  • Dynamatic Technologies stock, which surged 405% between July 2022 and April 2024, has declined by 26% since May. ICICI Securities expects a rebound in the stock price, citing the company’s growth prospects.

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16 Aug 2024, 12:43:18 PM IST

Stock Markets Today Live Updates: What do the map wars mean for Ola Electric and MapmyIndia?

  • A handful of entities like CE Info Systems, Ola Mobility, and Genesys International, are taking on Google’s decades-old dominance

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16 Aug 2024, 12:37:15 PM IST

Stock Markets Today Live Updates: Zomato gained 183% in a year, 111% in 2024 so far; should you bet on the stock? Here’s what Morgan Stanley projects

  • Zomato’s stock has risen 183 percent over the past year, with strong Q1FY25 results showing 126.5 times net profit growth. Morgan Stanley remains optimistic about Zomato’s long-term potential despite competitive pressures in the quick commerce sector.

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16 Aug 2024, 12:12:35 PM IST

Stock Market News Today Live Updates: Surge of first-time stock market investors: A warning sign?

  • New investors are flocking to the stock market, driven by frustration and the allure of momentum stocks, but this trend raises concerns about potential risks and disappointing returns.

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16 Aug 2024, 12:10:31 PM IST

Stock Markets Today Live Updates: Multibagger stock: Remsons Industries share price up over 3,000% in 10 yrs but negative in last 6 months. Time to sell?

  • Multibagger stock: Remsons Industries share price has increased significantly over the last decade despite recent drops. The company, a key manufacturer of automotive OEM components, reported a 5% YoY revenue increase and a 36% YoY profit rise for 1QFY25.

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16 Aug 2024, 12:07:21 PM IST

Stock Markets Today Live Updates: Hindustan Zinc share price dips 6% after Vedanta’s stake sale move

  • Hindustan Zinc share price today opened at 530 per share on the NSE and touched an intraday low of 527.10 apiece

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16 Aug 2024, 11:55:58 AM IST

Stock Markets Today Live Updates: Nifty 50 may rise 11-13% in next 12 months, cautious on midcaps, says Anand Rathi; Hero Moto, ICICI Bank among top picks

  • Dabur India, Havells India, Hero MotoCorp, ICICI Bank, LTIMindtree and Ultratech Cement are the preferred largecap stocks by Anand Rathi.

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16 Aug 2024, 11:37:14 AM IST

Stock Markets Today Live Updates: Hindustan Zinc crashes 8% as Vedanta raises stake for sale via OFS to 3.17%

  • Hindustan Zinc shares fell nearly 8% as Vedanta increased its stake sale through an Offer for Sale (OFS). The OFS is priced at 486 per share and aims to raise 6,500 crore. Retail investors can participate on Monday.

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16 Aug 2024, 11:29:33 AM IST

Stock Markets Today Live Updates: Q1FY25 review: Nifty PAT growth lowest since June 2020, says Motilal Oswal, lists top earnings upgrades and downgrades

  • Nifty 50 Q1FY25 earnings met expectations with single-digit EBITDA and PAT growth, leading to EPS cuts for FY25 and FY26, as per Motilal Oswal. HDFC Bank, Tata Motors, ICICI Bank, Maruti Suzuki, and TCS drove earnings growth.

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16 Aug 2024, 11:08:14 AM IST

Stock Markets Today Live Updates: Cera Sanitaryware buyback record date today. Price, size, acceptance ratio, other details. Should you participate?

  • Cera Sanitaryware buyback price: The company has declared a buyback of shares at 12,000 per share

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16 Aug 2024, 11:00:10 AM IST

Stock Market News Today Live Updates: Landmark Cars, Apollo Pipes & others hit 52 week low today ;Check the full list here?

  • Following shares hit their 52 week low today – Landmark Cars, Apollo Pipes, Shankara Building Products, Fusion Micro Finance, Creditaccess Grameen

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16 Aug 2024, 11:00:04 AM IST

Stock Market News Today Live Updates: Multi Commodity Exchange Of India, Eris Lifesciences & others hit 52 week high today ; Do you own any?

  • Following shares hit their 52 week high today – Multi Commodity Exchange Of India, Eris Lifesciences, Info Edge India, Colgate Palmolive India, Trent

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16 Aug 2024, 10:57:11 AM IST

IPO News Today Live Updates: PG Esmeralda, Warburg Pincus-backed Ecom Express files draft papers for IPO with SEBI

  • Ecom Express Ltd has filed for an IPO with SEBI. The IPO includes a fresh issue of 1,284.5 crore and an offer for sale of 1,315.5 crore, totalling 2,600 crore.

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16 Aug 2024, 10:23:29 AM IST

Stock Markets Today Live Updates: Multibagger stock: Senco Gold share price jumps 10% in three sessions; analysts expect up to 27% more upside

  • Multibagger stock Senco Gold share price has surged more than 10% in the last three sessions and 14% in one month. Senco Gold shares have given more than 178% in the past twelve months.

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16 Aug 2024, 10:05:17 AM IST

Commodity News Today Live Updates: Gold rate today: Yellow metal price jumps on ease in US recession fear, drop in US dollar rate

  • MCX gold rate today opened at 70,303 per 10 gm mark and touched an intraday high of 70,398 within a few minutes of the Opening Bell

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16 Aug 2024, 10:00:38 AM IST

IPO News Today Live Updates: Aesthetik Engineers share price makes a stellar debut, stock opens with 90% premium at ₹110.20 apiece on NSE SME

  • Aesthetik Engineers share price opened at 110.20, 90% higher than the issue price. Aesthetik Engineers IPO GMP is +45, indicating a premium of 45 in the grey market. The estimated listing price is 103, 77.59% higher than the IPO price of 58.

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16 Aug 2024, 09:49:33 AM IST

Stock Markets Today Live Updates: Midcap RHI Magnesita India share price rises 9% post Q1 results: Ebitda margins at all time high

  • Stock Market Today: Mid cap stock RHI Magnesita India share price gained 9% post Q1 results in morning trades on Monday. The Ebitda margins surge to all time highs

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16 Aug 2024, 09:39:29 AM IST

Stock Markets Today Live Updates: Stock market today: Sensex, Nifty 50 gain over 1% each; why is the Indian stock market rising? – explained

  • Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- gained over a per cent each in morning trade on Friday, August 16.

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16 Aug 2024, 09:31:46 AM IST

Stock Markets Today Live Updates: OLA Electric shares jump 16% after company forays into electric motorcycles

  • Shares of OLA Electric, the leading two-wheeler electric manufacturer in India, continued their upward momentum following their market debut. In today’s early morning trade, the stock surged by 16%, reaching 128.30 per share.

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16 Aug 2024, 09:00:24 AM IST

Stock Market News Today Live Updates: Are paper stocks cheap enough to own now?

  • Paper stocks have seen a rollercoaster ride recently. The industry faces challenges like rising pulp costs and declining paper prices. However, strong financial health and burgeoning packaging demand offer a silver lining

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16 Aug 2024, 09:00:22 AM IST

Mark To Market Today Live Updates: Hero MotoCorp needs 125cc to stay in the fast lane

  • Hero MotoCorp is targeting the fast-growing premium 125cc segment with the Xtreme 125R launch. Despite positive feedback, the company faces challenges in reclaiming its pre-pandemic peak sales volume, particularly amid rising competition from Bajaj Auto.

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16 Aug 2024, 08:45:22 AM IST

Mark To Market Today Live Updates: What’s keeping Trent chicer than its competitors

  • When many retailers have struggled to push their sales beyond a point, Trent has recorded 57% revenue growth in the June quarter.

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16 Aug 2024, 08:38:30 AM IST

Stock Markets Today Live Updates: Stock market today: Trade setup for Nifty 50 to US recession fear; five stocks to buy or sell on Friday — August 16

  • Stocks to buy today: Experts have recommended five shares to buy today — HBL Power, Naukri, Titan, Tata Chemical, and Samvardhan Motherson

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16 Aug 2024, 08:00:08 AM IST

Stock Markets Today Live Updates: Stocks to watch: Hindustan Zinc, SpiceJet, Ola Electric, Borosil, MTNL, Glenmark Pharma

  • Here are a few stocks likely to be in focus on Friday, 16 August:

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16 Aug 2024, 07:23:10 AM IST

Stock Markets Today Live Updates: Nifty 50, Sensex today: What to expect from Indian stock market in trade on August 16

  • The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 24,330 level, a premium of nearly 160 points from the Nifty futures’ previous close.

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16 Aug 2024, 07:10:52 AM IST

Stock Markets Today Live Updates: Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — August 16

  • Breakout stocks to buy or sell: Sumeet Bagadia has recommended five shares to buy today — EPL, Aurum Proptech, Time Technoplast, Kriti Nutrients, and SHK

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16 Aug 2024, 07:00:20 AM IST

Stock Markets Today Live Updates: F&O signals more rally in markets as analysts expect a pullback

  • Whenever retail and high networth investors turn long and FIIs turn net short, markets tend to rise as FIIs cover their short positions. As of 14 August, FIIs turned net bearish index futures by cumulatively having shorted 30,547 contracts.

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16 Aug 2024, 06:55:43 AM IST

Stock Markets Today Live Updates: Indian stock market: 8 key things that changed for market overnight – Gift Nifty, US retail sales to Nasdaq rally

  • Indian stock market: Gift Nifty was trading around 24,320 level, a premium of nearly 150 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.

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16 Aug 2024, 06:17:51 AM IST

Stock Markets Today Live Updates: Buy or sell: Vaishali Parekh recommends three stocks to buy today — 16 August

  • Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — Jindal Steel, Hindustan Oil and Everest Kanto Cylinder Ltd

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