Stock Market Highlights: Sensex ends flat at 74,612; NBFCs shine while Smallcaps, wire-makers tank

Stock Market Highlights: The Nifty moved in a narrow band of 100-odd points before settling marginally in red at 22,545. Bajaj twins and Shriram Finance gained, while UltraTech plunged 5% on Thursday.

3:53 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Nifty remained range bound during the day before closing flat. Sellers continued to dominate the market at higher levels. On the lower end, 22,500 continues to act as support, similar to how 22,800 did a few days ago. We expect Nifty to decline towards 22,200 and lower if it falls below 22,500. On the higher end, 22,650 might act as immediate resistance. In the short term, the index is likely to remain a "sell on rise" as long as it stays below the 22,750-22,800 range.

View by Rupak De, senior technical analyst, LKP Securities.

3:41 PM

Stock Market LIVE Updates: Here's a look at Nifty gainers and losers at close

Stock Market LIVE Updates: Shriram Finance, Bajaj Finserv, Bajaj Finance were among the top gainers on Nifty50. 

 

3:39 PM

Stock Market LIVE Updates: A glance at broader market at close

Stock Market LIVE Updates: BSE Midcap and Smallcap was down 0.97 per cent and 2.09 per cent respectively. 

3:38 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: Bajaj Finserv, Bajaj Finance, Sun Pharma were among the top gainers on Sensex. 

3:36 PM

Stock Market LIVE Updates: Nifty finishes 2.5 pts or 0.01 per cent lower at 22,545.05

Stock Market LIVE Updates: NSE Nifty50 closed at 22,545.05, down 2.5 points or 0.01 per cent. The index made day's low at 22,508.40.

3:34 PM

Stock Market LIVE Updates: Sensex settles at 74,612.43, up 10.31 pts or 0.01%

Stock Market LIVE Updates: BSE Sensex ended at 74,612.43, up 10.31 points or 0.01 per cent. The index made an intraday high at 74,834.09.

3:16 PM

Stock Market LIVE Updates: Indian markets can rise 15% in a year; FII selling surprised me: Chris Wood

Stock Market LIVE Updates: Despite the recent correction in the Indian stock markets, foreign money, as per Chris Wood, global head of equity strategy at Jefferies, is likely to chase China rather than India in the short-to-medium term.

 

Though Wood remains structurally bullish on the Indian equities from a long-term perspective, from a short-term view, he remains cautious given the quantum of foreign investor (FII) outflows and valuation woes. Read more

3:06 PM

Stock Market LIVE Updates: Ola Electric, NTPC Green, One Mobikwik, 23 other IPOs hit new lows today

Stock Market LIVE Updates: Ola Electric Mobility, NTPC Green Energy, One Mobikwik Systems, Unimech Aerospace and Manufacturing and Ventive Hospitality were among a total of 26 recently listed initial public offering (IPOs) to hit respective new lows today on account of a continued down trend in equities.

 

Of these 26 IPOs, as many as 21 stocks were trading below their respective issue price on the BSE in Thursday’s intra-day trade. The list includes, Sanathan Textiles, Quality Power Electrical Equipments, Concord Enviro Systems, DAM Capital Advisors, Godavari Biorefineries, JNK India, Stallion India Fluorochemicals and Unicommerce Esolutions. These stocks have tanked up to 62 per cent from their issue price, data shows. Read more 

3:01 PM

Stock Market LIVE Updates: 3 PM Update- Sensex, Nifty flat; broader markets crack

Stock Market LIVE Updates: Indian equities were flat in the last 30 minutes of trade with Sensex up 0.08 per cent or 63 points at 74,665.09 and NSE Nifty50 was up 2 points or 0.01 per cent at 22,549.15. 

On the broader market front, BSE Midcap and Smallcap were down 0.94 per cent and 2.01 per cent respectively.

2:49 PM

Stock Market LIVE Updates: Orient Technologies collaborates with Amazon Web Services India

Stock Market LIVE Updates: Shares of Orient Technologies slipped 4.7 per cent intraday, logging a day's low at Rs 313.05 per share on BSE. The stock moved after the company announced its collaboration with Amazon Web Services (AWS) India to offer advanced GPU and AI services.

"By leveraging AWS’s cutting-edge GPU chips, AI services, and expansive ecosystem, Orient Technologies is committed to accelerating AI development and enabling India to create world-class technology. With a strong foundation of trust, collaboration, and excellence, Orient Technologies continues to evolve, empowering businesses to harness AI’s potential and drive meaningful progress," as per the filing. 

2:37 PM

Stock Market LIVE Updates: India should focus on controlling current account deficit: Uday Kotak

Stock Market LIVE Updates: India should focus on keeping its “current account” under control as it cannot afford vulnerability in uncertain times, said Uday Kotak, Founder & Director, Kotak Mahindra Bank at Business Standard Manthan Summit on Thursday.

 

India’s current account deficit is 1.2 per cent of the gross domestic product. While India runs a trade surplus of around $40 billion with the United States, it is over $80 billion with China. Read more 

2:27 PM

Stock Market LIVE Updates: Dr. Agarwals Health starts operations at Mirzapur branch; stock trades flat

Stock Market LIVE Updates: Dr. Agarwals Health Care in an exchange filing on Thursday said it commenced operations of a new branch in Mirzapur, Uttar Pradesh, with effect from February 27, 2025.

Meanwhile, on the BSE, the recently listed stock traded on a flat note at Rs 405 on volumes of around 21,000 shares.

2:15 PM

Stock Market LIVE Updates: Oil India achieves significant improvement in 2024 CDP ratings; stock down 2%

Stock Market LIVE Updates: Oil India (OIL), a Maharatna CPSE and a leading energy company in India, today announced a significant improvement in its 2024 CDP (formerly Carbon Disclosure Project) ratings, reflecting its dedication to sustainability.

In its first year of response, OIL elevated its Climate Change rating from F to C and secured a B- in Water Security, marking a milestone in its environmental efforts, the company said in an exchange filing.

Meanwhile, on the BSE, OIL stock quoted with a loss of 2 per cent at Rs 365 on trades of around 50,000 shares thus far.

2:03 PM

Stock Market LIVE Updates: Godrej Properties sells Pune homes worth Rs 1,000 cr; stock down 2%

Stock Market LIVE Updates: Godrej Properties on Wednesday said it sold inventory worth over Rs 1,000 crore in its project, Godrej Evergreen Square, located in Hinjewadi, Pune.

"Launched in November 2024, within 4 months of acquiring the land, this is GPL’s most successful launch ever in Pune in terms of the value and volume of sales achieved," the company said in a statement. READ MORE

Meanwhile, the stock on the bourses traded with a loss of 2 per cent at Rs 1,943. The stock was trading close to its 52-week low of Rs 1,904 and seen trades of around 8,200 shares on the BSE thus far in the day.

1:52 PM

Stock Market LIVE Updates: Physical banking will get slower in terms of share, says Uday Kotak

Stock Market LIVE Updates: In the digital age, physical banking will very soon take a back seat, said Uday Kotak, founder and director of Kotak Mahindra Bank at the Business Standard's annual BS Manthan conclave on February 27 in New Delhi. Although physical banking comes with a trust and brand element, it will come down, he said.

Speaking on the equity market, Kotak said that the markets, long viewed as a reflection of economic fundamentals, are increasingly reactive to political signals. The strengthening of the US dollar post-Trump’s victory is a case in point. READ MORE

1:40 PM

Stock Market LIVE Updates: Bajaj Finance hits new high, zooms 20% in 1 month; overtakes HUL in m-cap

Stock Market LIVE Updates: Shares of Bajaj Finance hit a new high of Rs 8,736, gaining 3 per cent on the BSE in Thursday’s intra-day trade in an otherwise subdued market, on expectations of healthy growth outlook. The stock of the non-banking finance company (NBFC) surpassed its previous high of Rs 8,655.20 touched on February 6, 2025.

 

At 12:26 pm; Bajaj Finance was trading 2 per cent higher at Rs 8,690, as compared to an unchanged in BSE Sensex at 74,605. In past one month, Bajaj Finance outperformed the market by surging 20 per cent, as against 1 per cent decline in the benchmark index. Read more 

1:32 PM

Stock Market LIVE Updates: This smallcap stock surges 15% on heavy volumes in a weak market

Stock Market LIVE Updates: Shares of INOX India surged 15 per cent to Rs 1,044.70 on the BSE in Thursday’s intra-day trade amid heavy volumes after the company achieved a historic milestone by becoming India’s first cryogenic equipment manufacturer to receive the prestigious IATF 16949 certification for cryogenic fuel tank manufacturing. The certification, issued by Bureau Veritas Certification covers the design and manufacturing of vacuum insulated cryogenic fuel tanks.

 

At 11:34 am; INOX India, the smallcap stock, was quoting 12 per cent higher at Rs 1,010 on the BSE in an otherwise weak market. In comparison, the BSE Sensex was down 0.01 per cent at 74,595, and, BSE Smallcap index slipped 1.9 per cent at 44,212. Read more 

1:23 PM

Stock Market LIVE Updates: NBFCs, MFIs rally up to 15% as RBI reduces risk weight on loans

Stock Market LIVE Updates: Shares of Non Banking Finance Companies (NBFCs) and Micro-Finance Institutions (MFI) rallied up to 15 per cent on the BSE in Thursday's intra-day trade after the Reserve Bank of India (RBI) reduced risk weight on MFI loans and loans to NBFCs.

 

Shares of CreditAccess Grameen rallied 15 per cent to Rs 997 on the BSE in intra-day trade today. The stock of MFI had underperformed the market, with its market value halved to Rs 750 as of January 27, 2025, from its 52-week high of Rs 1,553 hit on June 7, 2024. At 10:34 am; CreditAccess was quoting 10 per cent higher at Rs 948.30, as compared to flat BSE Sensex at 74,601. Read more 

1:12 PM

Stock Market LIVE Updates: Polycab India, KEI, Havells, RR Kabel, UltraTech tank up to 15%

Stock Market LIVE Updates: Shares of Polycab India, KEI Industries, Havells India and R R Kabel slipped up to 15 per cent on the BSE in Thursday’s intra-day trade amid heavy volumes after UltraTech Cement announced its foray into wires & cables (W&C) segment with an investment of Rs 1,800 crore over the next two years. 

 

Shares of UltraTech Cement were down 5 per cent at Rs 10,411.90 in intra-day trades. Among the W&C stocks, Polycab India (down 15 per cent at Rs 4,894.80), KEI Industries (down 15 per cent at Rs 3,226.65) and R R Kabel (down 13 per cent at Rs 962.20) tanked over 10 per cent each. Havells India (down 9 per cent at Rs 1,402.50) and Finolex Cables (down 5 per cent at Rs 850) were down up to 9 per cent. Of these, Havells India and R R Kabel were trading at their respective 52-week lows. In comparison, the BSE Sensex was up 0.01 per cent at 74,612.66 at 09:33 am. Read more 

1:07 PM

Stock Market LIVE Updates: When midcap valuations will diverge with blue chip, FIIs may come in, says Wood

12:57 PM

Stock Market LIVE Updates: Key short term metric to look out for India is foreign selling, says Wood

12:56 PM

Stock Market LIVE Updates: Longer term issue for Chinese would be if someone comes up in America, says Wood

Stock Market LIVE Updates: 'Longer term issue for Chinese would be if someone comes up in America and hurts Chinese production by offering better deal.'

12:55 PM

Stock Market LIVE Updates: ROI for Indian equities mkts in 12-18 month may be 10-15%, says Wood

12:52 PM

Stock Market LIVE Updates: 'Gold has been remarkably resilient despite Trump's view on Russia Ukraine crisis'

12:52 PM

Stock Market LIVE Updates: Gold is finally reaching levels it should have reached 10-15 yrs ago, says Wood

12:51 PM

Stock Market LIVE Updates: Fund managers have tilted portfolio; bank stocks are top hiding place, says Wood

12:49 PM

Stock Market LIVE Updates: On the real estate, I stick with my view, says Wood

12:49 PM

Stock Market LIVE Updates: Silver lining in the market fall is you have got too many new investors, says Wood

12:48 PM

Stock Market LIVE Updates: The turns for Indian markets will come soon, says Wood

12:47 PM

Stock Market LIVE Updates: If you look at Indian stock market, you should start investing today, says Wood