Stock Market Highlights: Nifty snaps 10-day losing streak, ends near 22,350; Sensex rallies 740 pts

Sensex Today | Stock Market Highlights: Broader indices mirrored the benchmarks, with small-cap shares leading the charge as the Nifty Smallcap100 index ended higher by 2.96 per cent

3:53 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Nifty witnessed a solid rebound as the 21,800-22,000 zone provided strong support. The index has moved up after two days of sideways trading. Besides, the RSI is in a bullish crossover and has risen from the oversold zone. In the short term, the trend is likely to remain strong, with the potential to rise towards 22,700 and higher. On the lower end, support is placed at 22,100/22,000.

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

3:46 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Strong global market cues led the recovery in domestic indices as talks that Trump administration could reverse some tariffs amidst the ongoing global trade tensions buoyed sentiment. Also, local factors such as increase in February PMI index, a sharp fall in rupee, and downtrend in crude oil prices triggered massive buying in the beaten-down technology, realty and telecom shares. However, as the recovery remains fragile due to global uncertainty and FIIs showing no signs of halting the selloff trend, market could remain volatile going ahead.

View by Prashanth Tapse, senior VP (Research), Mehta Equities.

3:41 PM

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

Stock Market LIVE Updates: BSE Midcap and Smallcap closed over  2 per cent higher. 

3:40 PM

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

Stock Market LIVE Updates: Adani Ports, Tata Steel, Power Grid were among the top gainers on Sensex. 

 

3:38 PM

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

Stock Market LIVE Updates: Adani Ports, Adani Enterprises, Tata Steel were among the top gainers on Nifty50. 

3:36 PM

Stock Market LIVE Updates: Nifty ends at 22,337.3, up 254.65 pts

Stock Market LIVE Updates: NSE Nifty50 settled at 22,337.3, up 254.65 points or 1.15 per cent. 

3:34 PM

Stock Market LIVE Updates: Sensex closes at 73,730.23, up 740 pts

Stock Market LIVE Updates: BSE Sensex closed at 73,730.23, up 740.3 points or 1.01 per cent. 

3:15 PM

Stock Market LIVE Updates: 'Nifty has multiple supports in the 21,800–22,000 zone'

Stock Market LIVE Updates: Indian equities stage a relief rally today after a record 10 consecutive negative closings and consecutive five months of decline. The index has multiple supports in the 21,800–22,000 zone, aligning with the 100-week EMA, an AB=CD Harmonic pattern, and a key demand zone. Additionally,  Breadth and Momentum indicators have reached extreme oversold readings,  reinforcing the rebound.

In the near term, 21,800 remains a critical level, a breakdown below this could extend the decline towards 21,300. Conversely, if 21,800 is defended, the recovery could extend toward 22,800–23,000, which serves as the polarity resistance zone.

 

Views by: Rohan Shah, technical analyst, Asit C Mehta Investment Interrmediates

 

3:11 PM

Stock Market LIVE Updates: Gabriel India soars 13% on heavy volumes; up 45% in 1 year, outruns market

Stock Market LIVE Updates: Shares of Gabriel India soared up to 13 per cent to Rs 501 on the BSE in Wednesday’s intra-day trade on the back of over 8-fold jump in trading volumes today. In the past one year, the stock of this auto ancillary company has outperformed the market by surging 45 per cent. In comparison, the BSE Sensex was down 0.11 per cent and BSE Smallcap index slipped 2 per cent. The BSE Auto index dipped 4 per cent during the same period.  READ MORE

 

2:56 PM

Stock Market LIVE Updates: Walchandnagar Industries shares zoom 5% on acquisition news

Stock Market LIVE Updates: Walchandnagar Industries, in an exchange filing, has said that its board of directors has 'approved the acquisition of securities of Aicitta Intelligent Technology Private Limited (Aicitta) (Transaction). Aicitta is in the business of research and development in the defense industry (Unmanned Systems).'

 

The company’s shares traded at Rs 161.98 per share, up 5 per cent from its previous close.

2:47 PM

Stock Market LIVE Updates: Ashish Kacholia, Vikas Khemani portfolio smallcap stock surges 20% today

Stock Market LIVE Updates:  Man Industries (India) share price surged 20 per cent to Rs 257.80 on the BSE in Wednesday's intraday trade, triggered by a broad-based recovery in the stock market today. Ace investors Vikas Vijaykumar Khemani (2.53 per cent) and Ashish Kacholia (2.10 per cent), collectively, held 4.63 per cent stake in Man Industries (India) at the end of December 2024 quarter, shareholding pattern data shows. READ MORE

 

 

2:33 PM

Stock Market LIVE Updates: This smallcap stock surged 20% in trades today

Stock Market LIVE Updates: Man Industries, a smallcap stock owned by Vikas Vijaykumar Khemani and Ashish Kacholia, zoomed 20% to Rs 257.80 on the BSE in Wednesday's intraday trade.

Ace investors Vikas Vijaykumar Khemani held 2.53 per cent stake, and Ashish Kacholia 2.10 per cent, as of end of December 2024 quarter, shows the shareholding pattern data.

With today's gain Man Industries has bounced back by 26% from its 52-week low of Rs 201.45 hit on Monday, March 3. READ MORE

2:21 PM

Stock Market LIVE Updates: KEC International rises 3% as company receives tax refund

Stock Market LIVE Updates: Shares of infrastructure EPC major and RPG Group company, KEC International, gained nearly 3% at the day's high of Rs 717 on the BSE in intraday deals on Wednesday after the company said it received tax refund.

The company has reportedly received a refund of Rs 177 crore from the Income Tax Department.

Vimal Kejriwal, MD & CEO of KEC International, said, "This refund strengthens our liquidity position and further enhances our financial leverage. As we move forward, we remain committed to operational excellence and prudent capital management to drive sustainable growth across our business verticals." READ MORE

2:08 PM

Stock Market LIVE Updates: Trading strategies in stocks that dropped out of the $1 bn market-cap club

Stock Market LIVE Updates: Technical charts show that select stocks such as Raymond, TTK Prestige and Engineers India which dropped out of the elusive $1 billion market-cap club can slide another 19% from present levels.

On the positive front, stocks such as Edelweiss Financial Services and Kirloskar Oil Engines seem relatively better placed. Here are the key levels to track on these 5 stocks. READ MORE

1:56 PM

Stock Market LIVE Updates: Sensex off day's high, up 700 points

Stock Market LIVE Updates: The BSE Sensex pared gains, and was quoting up to 700 points higher at 73,700 levels as against the day's high of 73,934 in intra-day deals on Wednesday.

In comparison, its counterpart the Nifty 50 index was up over 1 per cent or 250 points at 23,330 levels.

 

1:44 PM

Stock Market LIVE Updates: Anand Rathi Wealth slips 8% as it trades ex-bonus

Stock Market LIVE Updates: Shares of Anand Rathi Wealth slipped up to 8% to Rs 1,870 in Wednesday’s intra-day trade in an otherwise firm after the stock turned ex-bonus. The stock of financial products distributor turned ex-date for 1:1 bonus issue today.

In the last two trading days, the stock price has declined 10% after the investment firm informed the stock exchanges that its promoters sold 250,000 equity shares representing 0.6% holding of the company via open market. READ MORE

1:32 PM

Stock Market LIVE Updates: Franklin Templeton launches low-duration debt fund; key details here

Stock Market News: Today is the last day to subscribe to Franklin Templeton (India)'s new-fund offer (NFO) called Franklin India Low Duration Fund. The open-ended low-duration debt fund will be available at Rs 10 per unit. The scheme, however, will reopen for continuous sale and repurchase from March 7, 2025.

 

The fund house has fixed the minimum SIP requirement at Rs 500. READ MORE

1:23 PM

Stock Market LIVE Updates: Maruti, Titan: View on stocks that may be impacted by US reciprocal tariffs

Stock Market LIVE Updates: US President Donald Trump said that he would introduce a new trade policy, focussed especially on the agriculture sector. He, further, said that tariffs will be imposed on agricultural imports starting April 2, which may need "a little bit of an adjustment period" by US farmers. He, however, assured them that it would be in their best interest. READ MORE

1:14 PM

Stock Market LIVE Updates: KEC International share price rises on tax refund

Stock Market News: KEC International share price rose in stock market today after the global infrastructure EPC major said that it has received a tax refund of Rs 177 crore from the Income Tax Department.

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major with a presence across Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables sectors.
 

1:07 PM

Stock Market LIVE Updates: Mahindra Logistics shares gain 5% in trade; here's what boosting the stock

Stock Market LIVE Updates: Mahindra Logistics said it will acquire 35 million equity shares of MLL Express Services by subscribing to the company's rights issues. Mahindra Logistics will pay the full amount on application in cash. The transaction is valued at Rs 35 crore. READ MORE

12:57 PM

Stock Market LIVE Updates: Jai Corp shares in focus

Stock Market News: Jai Corp share price was volatile in trade on Wednesday. The stock, which opened at Rs 98 per share vs the previous close of Rs 97.7 per share, hit a low of Rs 94 per share in the intraday trade. Jai Corp share, however, are locked in the 5-per cent upper circuit band right now.

According to reports, the CBI has registered a case against Jai Corp Ltd, its Director Anand Jain, Urban Infrastructure Venture Capital, Urban Infrastructure Trustees Ltd, and other for allegedly defrauding funds to the tune of Rs 2,434 crore from investors (public investors in Real Estate projects).

Jai Corp is yet to clarify on the report to the stock exchanges.

12:48 PM

Stock Market LIVE Updates: BEL dividend: Rs 1.5 dividend announced; check record date, other details

Stock Market News: BEL held a meeting of its Board of Directors today, March, 5, 2025. The Board considered and declared an interim dividend =, to be paid to the shareholders of BEL, of Rs 1.50 per equity share for the financial year 2024-25. READ MORE

12:38 PM

Sensex Today: 30-share benchmark zooms 900 pts; Adani Ports, M&M top gainers

Stock Market LIVE Updates: Adani Ports, M&M, Power Grid, NTPC, Tech M, Tata Steel, and Tata Motors soar between 3 per cent and 5 per cent, and are the top Sensex gainers at this hour.

HCL Tech, Bharti Airtel, Infosys, Asian Paints, and Kotak Bank, meanwhile, are other gainers.

On the downside, only Bajaj Finance, HDFC Bank, and IndusInd Bank are trading in the red.

12:30 PM

Stock Market LIVE Updates: Gold prices to trade with bullish bias till trade war recedes: Analyst

Stock Market LIVE Updates: Spot gold surged for a second consecutive day on March 4 on safe haven demand and sliding US Dollar as trade war intensified with the US President Trump's tariff plans coming into effect, and China and Canada imposing levies on the US goods in retaliation.

 

Spot gold traded at $2912, up around 0.70 per cent yesterday. The MCX Gold April contract was at Rs 86,015, up around 0.74 per cent. READ MORE

12:19 PM

Stock Market LIVE Updates: SpiceJet shares fly 6% after Plutus Wealth buys 9 mn shares via bulk deal

Stock Market LIVE Updates: SpiceJet shares jumped 6.4 per cent in Wednesday's trade on BSE, logging an intraday high at Rs 48.9 per share. The airline stock flew after Plutus Wealth Management LLP increased its stake by buying 9 million shares on BSE of SpiceJet. 

 

Around 11:51 AM, SpiceJet share price was up 6.05 per cent at Rs 48.7 per share on BSE. In comparison, the BSE Sensex was up 1.15 per cent at 73,830.60. The market capitalisation of the company stood at Rs 6,241.81 crore. The 52-week high of the stock was at Rs 79.9 per share and the 52-week low was at Rs 39.91 per share. READ MORE

12:06 PM

Stock Market LIVE Updates: Here's why Biocon share price popped 3% in trade on March 5; details here

Stock Market LIVE Updates: Pharmaceutical company Biocon shares were in demand on Wednesday, March 5, 2025, as the scrip rose up to 3.08 per cent to hit an intraday high of Rs 324.50 per share. 

 

The rise in the Biocon share price came after the company announced that its wholly-owned subsidiary, Biocon Pharma, has received final approvals for Lenalidomide capsules and Dasatinib tablets from the US Food and Drug Administration (USFDA)

 

In an exchange filing, Biocon said, “This is to inform you that Biocon Pharma Limited, a wholly owned subsidiary of the Company, has received final approvals for its ANDAs from the US Food and Drug Administration (USFDA).” READ MORE

11:56 AM

Stock Market LIVE Updates: Smallcap surges 10% on heavy volumes today, hits over 6-year high; details

Stock Market LIVE Updates: Avanti Feeds share price hit an over six-year high of Rs 811.80 today, as it rallied 10 per cent on the National Stock Exchange (NSE) in Wednesday's intraday trade, amid heavy volumes. The stock price of the aquaculture company was trading at its highest level since May 2018. It had hit a record high of Rs 1,000 on November 13, 2017.

 

At 10:36 AM, Avanti Feeds share was quoting 9 per cent higher at Rs 809.15 as compared to 0.88 per cent rise in the Nifty 50 index. A combined 3.7 million equity shares have changed hands on the NSE and BSE. READ MORE

11:47 AM

Stock Market LIVE Updates: Do foreign investors not pay capital gains tax in other countries? Not true

Stock Market LIVE Updates: Foreign investors pay 20 per cent or more as tax on capital gains in certain jurisdictions, including emerging market peers such as Brazil and Mexico, as well as Saudi Arabia and Uzbekistan, according to data from tax consultancy network PwC. The headline capital gains tax range in these markets varies from 20 per cent to 35 per cent for non-resident corporate investors.

 

A debate has continued over whether India’s capital gains tax has contributed to foreign investor outflows. READ MORE

11:38 AM

Stock Market LIVE Updates: RBI advises NBFCs to curb perpetual credit lines over risk concerns

Stock Market LIVE Updates: The Reserve Bank of India (RBI) has raised concerns over the growing use of perpetual credit lines by retail-focused non-banking financial companies (NBFCs), cautioning lenders about potential risks associated with such products, NDTV Profit reported.

 

The central bank has conveyed to some lenders that they should slow down the issuance of these credit lines, which allow borrowers to access funds continuously without a fixed repayment schedule. The RBI is particularly uneasy about lenders extending credit without clear visibility into a borrower’s repayment capacity, raising concerns over financial stability and risk management. READ MORE  

 

11:28 AM

Stock Market LIVE Updates: Markets on brink of worst disruption since 2008 financial crisis: Analysts

Stock Market LIVE Updates: Global economy and markets are on the brink of the worst disruption since the 2007 – 08 global financial crisis, besides the Covid pandemic, believe analysts. The belief stems from the likely global trade war that could be triggered by the imposition of universal and reciprocal tariffs by the US president Donald Trump.

 

US President Donald Trump, according to Nigel Green, chief executive officer of deVere Group, a global consulting firm managing nearly $12 billion in assets under management (AUM), doubled down on the most aggressive tariff policies seen since the 1940s in some respects, delivering a speech that, despite its rhetoric of economic strength, is set to cause concern through financial markets. Read more