Stock Market Close Highlights: Sensex sheds 528pts, Nifty at 23,526; IT, financials shares dip

Stock Market Today, Jan 9: Broader markets also mirrored the benchmarks as the Nifty Smallcap100 and Nifty Midcap100 indices ended down by 0.93 per cent, and 1.35 per cent, respectively

3:49 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty index closed slightly above its critical support at 23,500 on Thursday, forming a bearish candlestick below the 200-day EMA, signaling caution. A follow-up breach below 23,500 would validate a sell-on-rise strategy, with further downside expected. Conversely, holding this support may lead to consolidation. For the short term, 23500 acts as a key support, while resistance is placed at 23800, capping any upside. Traders should monitor these levels closely, as they will dictate the index's immediate directional trend.

View by Vatsal Bhuva, Technical Analyst at LKP Securities.

3:46 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The Indian stock market mirrored the decline across its Asian peers, with cautious investor sentiment driven by a sell-off in US bonds. The US 10-year Treasury yield surged to its highest level since April 2024, signalling expectation of fewer rate cuts by the Fed. Further, disappointing inflation data from China added pressure, indicating that recent stimulus measures have failed to rejuvenate one of the world's largest consumer markets. Domestically, the FMCG sector outperformed, while other sectors declined, anticipating only modest improvement in Q3 earnings estimates, cautioning against high expectations.

View by Vinod Nair, Head of Research, Geojit Financial Services.

3:45 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE Midcap and Smallcap settled in red at close. 

 

3:41 PM

Stock Market LIVE Updates: Here's a look at Nifty50 gainers and loser at close

Stock Market LIVE Updates: ONGC, Shriram Finance, BPCL were among the top losers on Nifty50. 

 

3:38 PM

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

Stock Market LIVE Updates: Zomato, Tata Steel, NTPC were among the top laggards on BSE. 

 

3:35 PM

Stock Market LIVE Updates: Nifty closes 162.45 pts lower at 23,526.50

Stock Market LIVE Updates: NSE Nifty was down 162.45 points or 0.69 per cent lower at 23,526.50 on close. 

 

3:33 PM

Stock Market LIVE Updates: Sensex closes 528.28 pts lower at 77,620.21

Stock Market LIVE Updates: BSE Sensex closed  528.28 points or 0.68 per cent higher at 77,620.21.

 

 

 

3:25 PM

Stock Market LIVE Updates: Lenskart prepares for IPO, seeks to raise up to $1 billion from bankers

Stock Market LIVE Updates: Eyewear startup Lenskart has invited bankers to pitch for its upcoming initial public offering (IPO), aiming to raise between $750 million and $1 billion, according to a report by Moneycontrol on Thursday. The company is targeting a valuation of $7-8 billion and plans to list by the end of the financial year 2026. READ MORE

3:18 PM

Stock Market LIVE Updates: This SME stock extends rally, up 132% in 6 days; BSE lowers circuit limit

Stock Market LIVE Updates: Shares of Toss The Coin hit a new high at Rs 842.55, on hitting the 5 per cent upper circuit on the BSE in Thursday’s intra-day trade in an otherwise weak market. The BSE Sensex was down 0.65 per cent at 77,644 at 02:28 PM. READ MORE 

3:11 PM

Stock Market LIVE Updates: 3 PM market update

Stock Market LIVE Updates: Sensex was down over 500 points below 77,650 and NSE Nifty was down over 160 points below 23,550. On the broader markets front, Nifty Midcap 100 and Smallcap 100 traded in the negative territory. 

On sectoral front except for FMCG, all indices were in red. 

2:57 PM

Stock Market LIVE Updates: IGL share price rallies on report of higher gas allocation

Stock Market LIVE Updates: Reports say domestic gas allocations to IGL has been revised upwards by 31% from January 16.

 

GAIL (India) said it has updated domestic gas allocations to IGL upwards by 31% with effect from January 16, 2025, increasing the share of domestic gas in CNG segment from 37% to 51%.
 

 

2:45 PM

Stock Market LIVE Updates: Nifty at day's low

Stock Market LIVE Updates: Nifty fall to day's low level, trades at 23,518. 34 stocks were trading in the red while 16 were trading in the green as of 2:45 PM.

Nifty index is down 171 points or 0.7%

2:42 PM

Stock Market LIVE Updates: Religare Ent shares jump 6% after High Court's order makes way for AGM

Stock Market LIVE Updates: The delay in the open offer for Religare Enterprises was caused by a legal dispute, with the company’s leadership, headed by Chairperson Rashmi Saluja, raising objections regarding the offer price and the credentials of the Burman family. READ MORE

2:34 PM

Stock Market LIVE Updates: Mamata Mach, Sanathan, Unimech at new lows; BSE IPO index down 5% in 1 week

Stock Market LIVE Updates: Among individual stocks, Mamata Machinery was locked in lower circuit of 5 per cent at Rs 476.45 on the BSE 01:42 pm; with no buyers seen at the counter. The stock has corrected 27 per cent from its record high of Rs 649 touched on December 30, 2024. The company's shares had made a stellar debut on D-Street on December 27, 2024 as they were listed at Rs 600, a 147 per cent premium over the issue price of Rs 243. Post listing, the stock zoomed 167 per cent against its issue price. READ MORE

2:24 PM

Stock Market LIVE Updates: 21 of 30 Sensex stocks are trading with losses

Stock Market LIVE Updates: 21 of 30 Sensex stocks are in the red led by Tata Motors, L&T, HDFC Bank, Tata Steel, Adani Ports, Zomato, SBI, TCS, Bajaj Finance, Axis Bank, and RIL

2:12 PM

Stock Market LIVE Updates: Q3 results preview: Irdai's revised norms to weigh on life insurers' margin

Stock Market LIVE Updates: According to analysts, the revision in goods and services tax (GST) rates mainly for retail term and health insurance, potential changes in bancassurance regulations, amendments to the Insurance Act, and changes in personal and corporate income tax will be the key factors to watch out for the insurers. READ MORE

2:03 PM

Stock Market LIVE Updates: Ajmera Realty rises 4% on Q3 biz upate, pares gains later on profit booking

Stock Market LIVE Updates: The uptick in Ajmera Realty share price came after the company reported its operational numbers for the December quarter of financial year 2025 (Q3FY25). “Ajmera Realty witnessed a steady performance in Q3FY25 supported by projects nearing completion with limited inventory and new launches,” the company said in a statement.  READ MORE

1:53 PM

Stock Market LIVE Updates: Last Hours! Delta Autocorp IPO closes today; subscription at 128x, GMP 89%

Stock Market LIVE Updates: hares of Delta Autocorp, an electric vehicle (EV) manufacturer and seller specializing in 2-wheelers and 3-wheelers, were commanding a strong grey market premium on Thursday, January 9, 2025, as the company’s initial public offering (IPO) closed for subscription. Sources tracking grey market activity revealed that the shares were trading at Rs 246 per share, reflecting a grey market premium (GMP) of 89.23 per cent, or Rs 116 over the upper end of the issue price of Rs 130. READ MORE

1:45 PM

Stock Market LIVE Updates: PVR Inox, SAIL, PNB may soon enter F&O ban; SRF, Oil India top movers

Stock Market LIVE Updates: During the ban period, taking of fresh positions in the particular stock is not allowed. In case, a traded takes a fresh position by mistake, the stock exchange (NSE) levies a fine up to Rs 5,000. However, traders holding existing positions are allowed to square their position. READ MORE

1:38 PM

Stock Market LIVE Updates: Reliance Jio ramps up AirFiber for faster 5G monetisation before 2025 IPO

Stock Market LIVE Updates: Jio aims to onboard one million AirFiber customers within 30 days, leveraging increased data consumption and subscriber growth to fuel excitement around its IPO. Brokerage firm CLSA noted in a research report that these efforts are likely to enhance the valuation of Jio ahead of the proposed listing, the news report said. READ MORE

1:31 PM

Stock Market LIVE Updates: SIP inflow at record peak in December

Stock Market LIVE Updates: Accroding to AMFI data, SIP inflows were at Rs 26,459.5 crore in December 2024 as against Rs 25,320 crore in November, 2024.

1:23 PM

Stock Market LIVE Updates: FMCG index gains over 1% in weak market; HUL, Marico, Colgate rally upto 5%

Stock Market LIVE Updates: Colgate-Palmolive (India), Marico and Emami have rallied in the range of 4 per cent to 5 per cent. Hindustan Unilever (HUL), Godrej Consumer Products (GCPL), Nestle India, Britannia Industries, Dabur India, Tata Consumer Products and ITC were up between 1 per cent and 3 per cent. READ MORE

1:13 PM

Stock Market LIVE Updates: Nearly 2,500 stocks decline on BSE vs 1,300 advacing stocks

Stock Market LIVE Updates: The advance-decline ratio was in the favour of bears with 2,489 stocks in the negative zone as against 1,331 stocks in the positive zone. 260 stocks hit their lower circuits today while 172 stocks hit upper circuits.

The market capitalisation of all BSE listed companies stands at Rs 436.7 trillion.

1:06 PM

Stock Market LIVE Updates: Market check at 1:00 PM

Stock Market LIVE Updates: All but Nifty FMCG index were trading lower on Thursday. The Nifty Bank, Nifty Financial Services, Nifty Metal, Nifty PSU Bank, and Nifty Realty indices were down between 1-1.5 per cent.  

12:58 PM

Stock Market LIVE Updates: December AMFI data

Stock Market LIVE Updates: December sees net equity inflow of Rs 41,136 crore vs Rs 35,927.3 crore M-o-M

Largecap funds see inflows at Rs 2,011 crore vs Rs 2,547.9 crore M-o-M 

 

Smallcap funds see inflow of Rs 4,668 crore vs Rs 4,112 crore in November

Midcap funds see inflow of Rs 5,093 crore vs Rs 4,883.4 crore M-o-M

Source: AMFI

12:50 PM

Stock Market LIVE Updates: TV Today Network shares soar 8% after co shuts Radio FM 104.8 biz

Stock Market LIVE Updates: Shares of TV Today Network were in demand after the company’s board approved closure of FM radio broadcasting operations of the company comprising three FM radio stations in Mumbai, Delhi and Kolkata under the frequency 104.8 FM. TV Today Network share price surged 7.5 per cent at Rs 713.55 per share on the BSE in Thursday’s intraday deals. READ MORE

12:40 PM

Stock Market LIVE Updates: These 5 Nifty Next 50 stocks can rally up to 17%; suggest tech charts

Stock Market LIVE Updates: Dabur India | Current Price: Rs 524

Upside Potential: 11.3%

Support: Rs 500

Resistance: Rs 543; Rs 557; Rs 565

 

Dabur India stock is seen trading with a positive bias for the third straight trading session despite volatility in the broader market. The stock had plunged 25 per cent in the October - December period and now seems to have found support around the lows at Rs 500. READ MORE

12:35 PM

Stock Market LIVE Updates: Indobell Insulation IPO allotment today; check status, GMP, listing date

Stock Market LIVE Updates: Indobell Insulation IPO allotment status: The basis of allotment for Indobell Insulation IPO (Initial public offering) shares is expected to be finalised today, January 9, 2025, following a decent response to its offering, which closed on Wednesday, January 8, 2025. READ MORE

12:27 PM

Stock Market LIVE Updates: Keystone Realtors shares Q3 business update

Stock Market LIVE Updates: Keystone Realtors says it recorded pre-sales of Rs 863 crore in Q3FY25 as compared to Rs 616 crore in Q3FY24, showing a quarterly growth of 40% YoY basis.

>> Pre-Sales for YTD FY25 is Rs 2,174 crore as compared to Rs 1,423 crore, showing a growth of 53% YTD basis.

>> Collections: were at Rs 542 crore in Q3FY25 as compared to Rs 452 crore in Q3FY24, showing a quarterly growth of 20% YoY basis. Collection for YTD FY25 stood at Rs 1,579 crore as compared to Rs 1,533 crore YTD FY24 
 

12:23 PM

Stock Market LIVE Updates: Anand Rathi Wealth up 7% as board to consider bonus issue on Jan 13, 2025

Stock Market LIVE Updates: Around 11:51 AM, Anand Rathi Wealth share price was up 2.72 per cent at Rs 3,946 per share on BSE. In comparison, the BSE Sensex was down 0.48 per cent at 77,770.99. The market capitalisation of the company stood at Rs 16,379.97 crore. The 52-week high of the stock was at Rs 4,640.55 per share and the 52-week low was at Rs 2,575 per share. READ MORE