11:12:59 AM IST, 12 January 2024
Stock Market LIVE Updates: Top Nifty gainers & losers at this hour
- All top 5 gainers belong to IT sector
11:03:12 AM IST, 12 January 2024
Stock Market LIVE Updates: Nifty hits fresh record high
10:52:14 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Paisalo Digital approved issuance of non-convertible debentures worth Rs 27 crore
10:42:58 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Hindustan Zinc got order from principal commissioner, central excise & CGST for GST of Rs 12.72 crore
10:40:57 AM IST, 12 January 2024
Stock Market LIVE Updates | Q3 results today: HCL Tech, Wipro among 18 companies to announce earnings
The other important results that will be tracked today include those from HDFC Life Insurance Company, Anand Rathi Wealth, Aditya Birla Money, Den Networks and Tata Metaliks.
10:37:25 AM IST, 12 January 2024
Stock Market LIVE Updates: Citi lowers Brent price outlook for 2024 and 2025 on oversupply fears
- Citi Research on Friday lowered its Brent price forecasts for this year and 2025, citing oversupply concerns but expects prices holding above $70 per barrel in 2024 as OPEC+ keeps global oil markets “finely balanced”.
- Citi cut its 2024 Brent price forecast by $1 to $74 per barrel and slashed 2025 forecast by $10 to $60 per barrel, but said in a note that recent activity in the Red Sea causing further tension in the Middle East could see near-term upside to the risk premium.
10:14:13 AM IST, 12 January 2024
Stock Market LIVE Updates | Nifty scales past 21,800
10:11:07 AM IST, 12 January 2024
Sensex LIVE Updates | SENSEX SURGES 600 POINTS!
10:08:44 AM IST, 12 January 2024
Nifty tech view | Anand James, Chief Market Strategist, Geojit Financial Services
We had gone in yesterday admitting our inability to see past 21730. Incidentally, Nifty’s opening burst fizzled off at the same region. While this also is consistent with the sideways bias we had persisted through this week, the micro tussle is setting up for a breakout soon. Perhaps not yet on the lower side, especially as long as 21500s hold. For the day, we will pursue upsides only while above 21660/75 though.
10:04:12 AM IST, 12 January 2024
Stock Market LIVE Updates | EARNINGS IMPACT: Stock broking company 5paisa Capital’s consolidated net profit rose 37% year-on-year to Rs 15.1 crore for the quarter ended December. Consolidated income during the reporting quarter jumped 20% year-on-year.
09:45:35 AM IST, 12 January 2024
Sensex LIVE Updates | Infosys records biggest single-day gain since July 16, 2020
Stock rises over 6%.
09:43:29 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Nykaa shares fell 2.5% amid reports that Lexdale International likely sold 2.62 crore shares of the company through a block deal.
09:33:05 AM IST, 12 January 2024
Stock Market LIVE Updates | Smallcap civil construction firm HG Infra Engineering rose over 7% after the company was declared lowest bidder by Central Railway in a project worth Rs 716 crore.
09:25:48 AM IST, 12 January 2024
Stock Market LIVE Updates | EARNINGS IMPACT: Tata Consultancy Services Ltd (TCS) on Thursday reported higher-than-expected revenue for the quarter ended December 2023, but the bottomline trailed expectations. India’s largest software service provider reported a 2% year-on-year (YoY) growth in consolidated net profit for the quarter to Rs 11,058 crore, and revenue increased 4% to Rs 60,583 crore.
09:24:20 AM IST, 12 January 2024
Sensex Today | Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Resilience in IT stocks and strength in Reliance will enable Nifty to consolidate around 21600 levels. HDFC Bank results on January 16th will be keenly watched by the market for cues in the direction of Bank Nifty.
The U.S. CPI inflation inching up to 3.4% YoY is slightly negative from the global equity market perspective. The rate cut expected from the Fed in March this year may not materialise. It is likely to be postponed to June and, therefore, rate cut by the MPC will also get delayed.
09:23:44 AM IST, 12 January 2024
Stock Market LIVE Updates | EARNINGS IMPACT: IT major Infosys on Thursday reported a consolidated net profit of Rs 6,106 crore for the quarter ended December, which was down 7% from Rs 6,586 crore reported in the previous year quarter. The profit figure was slightly below the ET NOW poll estimate of Rs 6140 crore.
09:19:24 AM IST, 12 January 2024
Rupee falls 9 paise to 83.10 against US dollar in early trade.
09:18:53 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Tata Power, Infosys among most active stocks today
09:18:04 AM IST, 12 January 2024
Opening Bell: Sensex gains 300 points, Nifty above 21,700; Infosys climbs 4%, TCS 3% post Q3 show
09:13:15 AM IST, 12 January 2024
Stock Market LIVE Updates: Japan’s Nikkei hits fresh 24-year peak, set for best week in 22 months
The Nikkei entered the midday recess up 1.06% at 35,422.95, after shooting up as much as 2.25% shortly after the open to reach 35,839.65 for the first time since February 1990.
For the week, the index has rallied 6.13%.
09:12:29 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex rises 400 points; Nifty above 21,645
08:57:07 AM IST, 12 January 2024
Sensex Today | Stock Market View: Prashanth Tapse, Senior VP (Research), Mehta Equities
INFY and TCS face challenges with weak Q3 performances, while US inflation surges by 3.4% YoY, potentially delaying Federal Reserve rate cuts. On a positive note, INFY’s ADR rose by 4% overnight. Nifty may trade negatively as the Federal Reserve is expected to delay rate cuts until May. Key events include India’s CPI inflation and IIP data for December. Recommended trades include buying Nifty in the 21500-21550 zone and Bank Nifty in the 46900-47000 zone. Bullish stocks include ZOMATO, BALKRISHNA INDUSTRIES, ITD CEMENTATION, RVNL, TATA POWER, and INDIGO. ZOMATO is highlighted as a top pick with targets at 141/163 and aggressive targets at 201 over a 12-15 month holding period.
08:50:17 AM IST, 12 January 2024
Commodity Market View | Rahul Kalantri, VP Commodities, Mehta Equities on oil price movement
Crude oil exhibited significant volatility as prices surged following Iran’s seizure of an oil tanker and the U.S. launching an airstrike on Houthi-controlled areas. On Thursday, Iran seized a tanker carrying Iraqi crude bound for Turkey, retaliating against the U.S.’s confiscation of the same vessel and its oil last year, as reported by Iranian state media. Subsequently, the U.S. military conducted airstrikes in multiple Houthi-controlled regions of Yemen, according to media reports. The heightened tensions in the Middle East bolstered crude oil prices, counteracting the impact of the surge in U.S. inflation. Anticipating ongoing geopolitical tensions, we project crude oil prices to remain volatile in today’s session. Crude oil finds support in the range of $73.10–72.40, with resistance expected at $74.65–75.10 for the current session. In terms of Indian Rupees (INR), crude oil is supported at Rs 5,940–5,870, while resistance is observed at Rs 6,110–6,190.
08:09:20 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Oil prices rise more than 2% after US, Britain strikes in Yemen
Oil prices rose more than 2% on Friday as the United States and Britain carried out strikes against Houthi military targets in Yemen in retaliation for attacks by the Iran-backed group on shipping in the Red Sea starting from late last year.
08:01:45 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Dollar steady as markets assess higher-than-expected US CPI
The dollar held steady against peer currencies on Friday, as investors weighed higher-than-expected U.S. consumer price inflation against market bets that the Federal Reserve will cut rates as soon as March.
08:01:14 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Asian shares cautious as oil jumps on US strikes in Yemen
Asian shares were cautious on Friday as the escalating conflict in the Red Sea region sent oil prices surging, while slightly higher-than-expected U.S. inflation data did not dent investors’ views on early and aggressive rate cuts in the U.S. and Europe.
07:27:45 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Quarterly earnings today
HCL Tech, Wipro, HDFC Life and a slew of other companies will announce their third quarter results today.
07:27:53 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a muted start
GIFT Nifty on the NSE IX traded higher by 6 points, or 0.03 per cent, at 21,700, signaling that Dalal Street was headed for muted start on Friday.
07:27:59 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Tech View: Nifty support shifts near 21600
Nifty today ended 28.5 points higher but formed a small negative candle with a minor lower shadow on the daily chart, indicating a range-bound action below the immediate resistance. The market is now placed at the hurdle of a down sloping trend line that connected recent lower highs at 21725 levels.
07:28:06 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Rupee rises 2 paise to close at 83.01 against US dollar
The rupee appreciated 2 paise to close at 83.01 against the US dollar on Thursday, tracking its Asian peers and positive domestic equities.
07:28:13 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Tokyo stocks open higher, extending rapid gains
Tokyo stocks opened higher on Friday, extending gains from the previous day’s session when the benchmark Nikkei index ended above 35,000 for the first time since 1990. The Nikkei 225 was up 1.47 percent, or 514.58 points, to 35,564.44 in early trade, while the broader Topix index added 0.72 percent, or 18.00 points, to 2,500.87.
07:28:22 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Wall Street little changed after inflation, labor market data
US stocks closed little changed on Thursday as news of hotter-than-expected inflation and signs of labor market strength dampened hopes for early interest rate cuts by the Federal Reserve this year, but a fall in Treasury yields kept declines in check.
07:28:30 AM IST, 12 January 2024
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Thursday
The BSE benchmark Sensex rose 63 points or 0.09% to settle at 71,721. The NSE Nifty gained 28 points or 0.13% to end at 21,647.
