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

Sensex gains 496 pts, Nifty tops 21,600; Mkts to hold spl session Saturday

In the second semifinal of the ICC Under 19 World Cup 2024, Australia skipper Hugh Weibgen won the toss and decided to feild first against Pakistan at Willowmoore Park, Benoni on Thursday, February 08.

Australia and Pakistan had a tremendous run to the semifinal. Both sides remain undefeated in the Uner 19 World Cup and have overcome feisty opponents like England, New Zealand, and Bangladesh.

The winner of Australia vs Pakistan semifinal of ICC U19 World Cup will lock horns with India in the final on February 11.

Australia Under 19 vs Pakistan Under 19 Playing 11

Australia U19 Playing 11: Harry Dixon, Sam Konstas, Hugh Weibgen(c), Harjas Singh, Ryan Hicks(w), Tom Campbell, Oliver Peake, Raf MacMilllan, Tom Straker, Mahli Beardman, Callum Vidler

Pakistan U19 Playing 11: Shamyl Hussain, Shahzaib Khan, Azan Awais, Saad Baig(w/c), Ahmad Hassan, Haroon Arshad, Arafat Minhas, Naveed Ahmed Khan, Ubaid Shah, Mohammad Zeeshan, Ali Raza

Australia vs Pakistan U19 World Cup semifinal Live Telecast

Star Sports 1 HD/SD will live telecast the AUS u19 vs PAK u19 semifinal with English commentary.

AUS u19 vs PAK u19 semfinal  Live streaming

Disney+Hotstar will live stream Australia vs Pakistan semifinal match.

Stay tuned for Australia under 19 vs England under 19 live cricket score and match updates here

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.