Market highlights: Sensex gains 496 pts, Nifty tops 25000

Stock market highlights on January 19, 2024: The S&P BSE Indices will be calculated on Saturday, January 20, 2024 , which is declared as a special trading day by the exchange

3:13 PM

market @11:06

Stock Market LIVE Updates: 17 out of the 30 stocks on the BSE Sensex were trading lower, with losses capped by Eternal (down 3.02 per cent), followed by Mahindra & Mahindra, Maruti Suzuki India, Tata Steel, and IndusInd Bank, while gains were led by Tata Motors (up 2.10 per cent), followed by HCLTech, Titan, Adani Ports, and Kotak Bank.

3:12 PM

market @12:06

Stock Market LIVE Updates: Among sectoral indices, the Nifty Media (up 1.86 per cent) was the top gainer, followed by Consumer Durables, and IT, while Auto (down 0.91 per cent), followed by  Pharma, Metal and FMCG were the top laggards. 

3:12 PM

market @11:45

Stock Market LIVE Updates: 17 out of the 30 stocks on the BSE Sensex were trading lower, with losses capped by Eternal (down 3.02 per cent), followed by Mahindra & Mahindra, Maruti Suzuki India, Tata Steel, and IndusInd Bank, while gains were led by Tata Motors (up 2.10 per cent), followed by HCLTech, Titan, Adani Ports, and Kotak Bank.

3:11 PM

Market @12:20

Stock Market LIVE Updates: Today, Thursday, May 8, 2025, marks the anticipated finalisation of share allotment for the Manoj Jewellers IPO. The IPO, which concluded its three-day subscription period on Wednesday, May 7, received a modest response from investors, being oversubscribed by approximately 1.14 times.

 

Following the allotment finalisation, investors can check their application status on the official websites of the BSE and Skyline Financial Services, the IPO registrar for Manoj Jewellers.

3:10 PM

Market @1:20

The sudden appreciation of the Indian Rupee poses a threat to corporate earnings, even as it supports broader domestic macroeconomic indicators, according to analysts at Kotak Securities.

 

The rupee has seen a fair degree of volatility, Kotak Securities said in a note, highlighting a shift in sentiment, from earlier fears of it sliding to 95 against the dollar, to current expectations of an appreciation towards 80 or stronger

3:10 PM

market @12:45

Stock Market LIVE Updates: Union Minister of Parliamentary Affairs, Kiren Rijiju, has said that Operation Sindoor is still underway and remains an ongoing process. The operation was launched in response to the terror attack on April 22 in Pahalgam, Jammu and Kashmir, which resulted in the deaths of 26 civilians, primarily tourists. The mission targeted nine specific sites in Pakistan and Pakistan-occupied Kashmir, which were linked to the planning and coordination of cross-border attacks on Indian soil.

3:09 PM

Market @1:45

Stock Market LIVE Updates: Gensol Engineering's shares plummeted to their 5 per cent lower circuit at ₹60.45 on the BSE. The stock has experienced a dramatic downturn, losing 61 per cent in the past month and a staggering 92 per cent over the past year, starkly contrasting with the Sensex's 10 per cent gain.

 

At 11:19 AM, Gensol Engineering was trading at its lower circuit of ₹60.45 on the BSE, while the Sensex was marginally up by 0.05 per cent at 80,786.95. The company's market capitalisation stood at ₹229.72 crore. The stock's peak was ₹1,377.1, reached on February 20, 2024. The 52-week high was ₹1,125.75, and today's price marks the 52-week low of ₹60.45.

3:09 PM

Market@2:00

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 were range bound in muted trade on Thursday, amid mixed global cues.

 

At 2 PM, the BSE Sensex was lower by 154.55 points, or 0.19 per cent, at 80,592.23, and the Nifty50 was at 24,334, lower by 80.10 points, or 0.33 per cent.

3:08 PM

Market@2:10

Stock Market LIVE Updates: Pakistan's stock market trading was suspended on Thursday after the benchmark KSE-30 index plummeted by a significant 7.2 per cent. This dramatic fall followed India's announcement of targeted strikes on terror infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK), dubbed 'Operation Sindoor', a response to last month's terror attacks. The selloff intensified after India confirmed the strikes, stating that nine sites were targeted and the Indian Army declared, "Justice is served."

3:08 PM

Market@2:20

Stock Market LIVE Updates: Despite escalating India-Pakistan border tensions, the Indian equity market has demonstrated notable resilience. The NSE Nifty 50 index has actually risen by 1% since the terror attack in Kashmir's Pahalgam on April 22, which tragically resulted in the deaths of 26 civilians. 

 

This resilience was further evident on Wednesday, May 7, when the Nifty closed with modest gains even after India's 'Operation Sindoor' targeting terror sites in Pakistan and Pakistan-occupied Kashmir (PoK). Historical data suggests this trend of market stability, with steady gains often observed in the month following similar India-Pakistan conflicts

3:07 PM

market@2:40

Stock Market LIVE Updates: Mastek, a digital engineering and cloud transformation services provider, saw its shares surge by 6.14 per cent to ₹2,223 during Thursday's intraday trading (May 8, 2025). This significant upward movement followed the company's announcement of a strategic collaboration with Zulekha Healthcare Group, a healthcare services provider based in the UAE.

 

According to a release from Mastek, the partnership will involve the deployment of an extensive Oracle Fusion Cloud suite that closely integrates with the Oracle Health (Cerner) system

3:06 PM

market @2:45

 

Stock Market LIVE Updates: Following an agreement with Grant Thornton Bharat LLP (Grant Thornton), shares of Zaggle Prepaid Ocean Services surged by 9.2 per cent on the BSE, reaching an intraday high of ₹355.

 

At 11:45 AM, the stock was trading 7.46 per cent higher at ₹349.1, while the BSE Sensex was up a modest 0.05 per cent at 80,789.18. Zaggle's market capitalisation stood at ₹4,685.1 crore. The stock's 52-week high was ₹597 (December 17, 2024), and its 52-week low was ₹235

3:06 PM

market @3:06

Stock Market LIVE Updates: Tyre-manufacturing stocks have experienced an exceptional rally on the stock exchanges over the past month. Historical data reveals significant gains for major players like Apollo Tyres, Ceat, and MRF, with some stocks surging as much as 52 per cent from their April 2025 lows. Leading the pack, Ceat's stock has skyrocketed by 52.1 per cent from its April 7 low of ₹2,504 to a new all-time high of ₹3,809 in today's (Thursday's) trading session. 

 

MRF also saw substantial gains, climbing 32.7 per cent from its April 7 low of ₹1,08,001 to reach a high of ₹1,43,275. Apollo Tyres shares have also jumped significantly, rising by 34.4 per cent from a low of ₹375 to a high of ₹504. Given this impressive performance, what should be an investor's strategy for these stocks?

2:20 PM

Alert :: Head-to-head between Australia and Pakistan at the U-19 level

5:52 PM

The Ministry of New and Renewable Energy

The Ministry of New and Renewable Energy

3:28 PM

Lenovo launches Legion 9i 16-inch gaming laptop in India: Know price, specs

Lenovo launches Legion 9i 16-inch gaming laptop in India: Know price, specs

9:14 PM

Paytm's Q3 revenue rises 38% on strong payments business, loan growth

Indian digital payments firm Paytm posted an operating profit for the fifth consecutive quarter on Friday on account of festive season-led sales.

7:05 PM

Update : Stocks to Watch on Jan 19: RIL, HUL, REC, Paytm, Tata Steel, Jet Airways

Q3FY24 earnings: Reliance Industries, Hindustan Unilever, UltraTech Cement, Hindustan Zinc, Supreme Industries, One 97 Communications, Central Bank, CreditAccess Grameen, Hatsun Agro Product, RBL Bank, Tejas Networks, Atul, Wendt (India), CESC, Avantel.

7:05 PM

Nifty FMCG downturn possible below 55,150; Nifty Realty to be rangebound

A prospective downturn is anticipated, contingent upon the index breaching the crucial threshold of 55150.
 

For near-term traders, pivotal support levels are identified at 54280, 53420, and 52180, providing key markers for risk management. 

7:04 PM

BlackRock's Bitcoin ETF first to cross $1 billion threshold in inflows

BlackRock Inc.’s Bitcoin exchange-traded fund passed $1 billion in investor inflows, making it the first in the group of nine new ETFs directly holding the cryptocurrency to surpass the milestone since the funds started trading last week.

7:03 PM

US President Biden hits Trump, says 2024 rival wants stock market crash

The president during a Thursday event in North Carolina hit Trump for predicting the economy will crater and hoping any stock market crash happens under Biden’s watch. 

7:03 PM

ALERT:: IndusInd Bank sole loser among Nifty 50, Sensex 30 post Q3 numbers

IndusInd Bank reported a little over 17 per cent year-on-year (Y-o-Y) increase in net profit at Rs 2,297.9 crore for the December quarter (Q3FY24). Its net interest income (NII) grew 17.8 per cent Y-o-Y to Rs 5,295.7 crore.

7:02 PM

Tata Steel up 1%; company plans to shutdown Port Talbot Steelworks in UK

Tata Steel has rejected a trade union proposal to keep the blast furnaces operational at Port Talbot Steelworks in Wales, the UK, potentially jeopardising nearly 3,000 jobs, according to a report by the Guardian.

7:02 PM

Ministry of Renewable Energy appoints REC as Solar Programme implementing agency

The Ministry of New and Renewable Energy, Government of India, has designated REC Limited as the overall Programme Implementation Agency for Rooftop Solar (RTS) programme.

7:02 PM

Supreme Petrochem in red as Co says Houthi attacks affecting exports

It reported net sales of Rs 1,183.32 crore  in Q3FY24 as compared to Rs 1,177.39 crore a year ago. The company, further, posted net profit of Rs 67.66 crore, down 25 per cent from profit of Rs 89.85 crore posted last year.

7:01 PM

Metro Brands drops over 3% post weak Q3 earnings

The Board has approved an Interim Dividend of Rs 2.75 per equity share on the face value of the paid-up equity shares of Rs 5 each for FY24. The Record Date for the same will be January 31, 2024.

7:00 PM

Magnum Ventures rallies 3% as it fixes Jan 25 as Record Date for Rights Issue

The Board has approved Rights Issue worth Rs 48.92 crore. It has fixed the Record Date as Thursday, January 25, 2024.

7:00 PM

Comment :: 'Retail strength supporting broader markets'

An important trend in the market which has implications for retail investors is the revival of the tug of war between FIIs and DIIs.

FPIs have sold equity massively for Rs 20,480 crores during the last two days. This is partly in response to the rising bond yields in the US where the 10-year yield has risen to 4.16% and partly due to the high valuation in the Indian stock market.

Since the largest chunk of FII AUM is in banks, they have been selling in banks, mainly HDFC bank.

6:59 PM

Stock of this packaged foods company has zoomed 75% in 2 months

As per a Reuters report on Thursday, the Indian snacks maker Haldiram's is considering a majority stake in its listed rival Prataap Snacks, which is valued at $350 million. This is aimed to expand its presence in the potato chip market. 

6:58 PM

Stock of this packaged foods company has zoomed 75% in 2 months

As per a Reuters report on Thursday, the Indian snacks maker Haldiram's is considering a majority stake in its listed rival Prataap Snacks, which is valued at $350 million. This is aimed to expand its presence in the potato chip market.