Stock Market Crash Highlights: Sensex tanks 984pts, Nifty ends below 23,600; all sectors in red

Stock Market Highlights: 44 out of the Nifty50 constituent stocks ended in the red, dragged down by Hero MotoCorp, Hindalco, Tata Steel, Mahindra & Mahindra, and Eicher Motors

3:58 PM

Stock Market Highlights LIVE Updates: Nifty has now corrected more than 10% from its record high

Markets extended their corrective phase, declining by nearly one and a half percent, continuing the existing downward trend. After a flat opening, Nifty gradually drifted lower, retesting its critical support at the 200-day exponential moving average (DEMA) for the first time in nearly five months. Pressure was felt across key sectors, with realty, metal, and auto stocks among the biggest losers.

Broader indices also experienced a sharp decline, each losing over 2.5 per cent. Nifty has now corrected more than 10 per cent from its record high, reaching its major moving average support. Notably, alongside with the benchmark index, banking index, midcap and smallcap indices also retested their long-term support levels at the 200 DEMA today. This confluence of support and oversold conditions might trigger a rebound, although any recovery could be limited to select stocks. Traders are advised to monitor positions closely and maintain a hedged strategy.

(View by: Ajit Mishra – SVP, Research, Religare Broking Ltd.)

3:52 PM

Stock Market Highlights LIVE Updates: Markets are jittery about future US policy actions

Relentless selling by FIIs amid weak corporate earnings and a sharp surge in domestic inflation to a 14-month high have further impacted investor sentiment, dashing hopes for a near-term rate cut by the RBI.

Mid and small-cap stocks were the worst hit, while the Financials and Auto sectors also showed significant weakness. This trend is mirrored across all emerging markets, as markets are jittery about future US policy actions, including trade-related implications for the world economy, which is reflected in the strengthening US dollar and rising yields.

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

 

3:49 PM

Stock Market Highlights LIVE Updates: HeroMoto Corp, M&M, Hindalco drop on NSE

HeroMoto Corp, M&M, and Hindalco were the top losers on NSE.

3:45 PM

Stock Market Highlights LIVE Updates: Nifty Realty, PSU Bank, Metal bleed among sectors

While all sectors ened in red on Wednesday, Nifty Realty, PSU Bank, and Metal remained the top losers among others.

3:42 PM

Stock Market Highlights LIVE Updates: BSE SmallCap index bleeds 3%

The BSE SmallCap index slipped 3.08 per cent, while the BSE MidCap index slumped 2.56 per cent.

3:38 PM

Stock Market Highlights LIVE Updates: Heatmap check

26 out of 30 stocks closed in red, with M&M, Tata Steel and Adani Ports being the top losers.

3:37 PM

Stock Market Highlights LIVE Updates: Nifty ends below 23,600

The NSE's Nifty50 closed at 23,599 level, down 324 points or 1.36 per cent.

3:33 PM

Stock Market Highlights LIVE Updates: Sensex closes over 980 pts lower

The BSE Sensex closed 984 points or 1.25 per cent lower at 77,690 level.

3:29 PM

Stock Market LIVE Updates: NTPC Green targets $10.8 billion valuation in IPO, analysts flag concerns

NTPC Green Energy set a price band on Wednesday for its initial public offering (IPO), targeting a valuation of as much as $10.8 billion in what is set to be India's third-largest IPO this year, though analysts raised concerns on the "aggressive" pricing.

 

The company set a price band of Rs 102-108 per share, aiming to raise Rs 10,000 crore ($1.19 billion) in the IPO, which trails only Hyundai Motor India and Swiggy in size this year. Read more

3:15 PM

Stock Market LIVE Updates: What if Nifty 50 fails to hold the 200-DMA at 23,530? Key levels here

The NSE Nifty 50 index tested its long-term (200-Daily Moving Average) on Wednesday for the first time since April 2023. The 200-DMA holds significance as it helps in determining the overall trend for the particular index or stock. In general, stocks or indices quoting below 200-DMA are said to be in down (bearish) trend and vice versa. Read more

3:04 PM

Stock Market LIVE updates: 3 PM market update

At 3 PM, the BSE Sensex was down 1,040 points, or 1.32 per cent, at 77,634.29, while the Nifty 50 was at 23,536.25, down 347 points, or 1.45 per cent.

2:46 PM

Stock Market LIVE Updates: Patel Engineering shares up 6% on healthy Q2 show; PAT up 95%, rev up 15%

Stock Market LIVE Updates: Patel Engineering shares jumped 5.7 per cent in trade and registered an intraday high of Rs 51.9 per share on BSE. The buying in the stock came after the company reported healthy Q2FY25 results.

 

Around 1:15 PM, Patel Engineering shares were up 3.3 per cent at Rs 50.68 per share on BSE. In comparison, the BSE Sensex was down 0.76 per cent at 78,073.98. READ MORE

 

2:36 PM

Stock Market LIVE Updates: Prism Johnson posts bigger-than-expected Q2 loss on tepid cement demand

Stock Market LIVE Updates: Indian construction materials maker Prism Johnson on Wednesday posted a bigger-than-expected quarterly loss, as cement prices persistently declined and demand remained tepid. The company's consolidated net loss stood at 897.9 million rupees ($10.6 million) in the three months ended Sept. 30, marking a second straight quarter of losses. Prism Johnson had reported a net profit of 1.83 billion rupees a year ago. READ MORE

2:30 PM

Stock Market LIVE Updates: Why this micro-cap stock zoomed over 100% in 6 days in weak market? Details

Stock Market LIVE Updates: Tera Software shares hit a record high of Rs 155.05, as they rallied 10 per cent on the BSE in Wednesday’s intra-day trade amid heavy volumes in an otherwise weak market. The stock of the micro-cap company has locked in upper circuit for the third straight day, surging 33 per cent during the period. READ MORE

2:23 PM

Stock Market LIVE Updates: Expecting very solid growth for next 3-5 years: Swiggy CEO Majety

Stock Market LIVE Updates: Food delivery and quick-commerce major Swiggy on Wednesday said it is expecting "very solid" growth in the next 3-5 years and plans to expand its geographical footprint and stores network for Instamart business. The company which made a strong debut on the stock exchanges on Wednesday said it has doubled the categories for quick commerce in the last 12 months. READ MORE

2:21 PM

Stock Market LIVE Updates: Arvindar Singh Sahney will be new chairman of Indian Oil Corporation

Stock Market LIVE Updates: Arvindar Singh Sahney will be the new chairman of Indian Oil Corporation, the nation's largest oil firm, according to an order issued by the petroleum ministry on Wednesday. Sahney, 54, is currently Executive Director (Business Development - Petrochemicals), Indian Oil Corporation Ltd (IOC). READ MORE

2:17 PM

Stock Market LIVE Updates: 3M India share price drops 4% on disappointing Q2 results; details here

Stock Market LIVE Updates: Shares of industrial equipment company, 3M India, dropped 3.72 per cent to hit an intraday low of Rs 33,530 per share on Wednesday, November 13, 2024. 

 

The 3M India scrip fell after the company posted a weak set of numbers in the September quarter of financial year 2025 (Q2FY25). READ MORE

 

2:04 PM

Stock Market LIVE Updates: NTPC Green Energy IPO: GMP intact ahead of opening; top details from RHP

Stock Market LIVE Updates: The unlisted shares of NTPC's renewable energy arm, NTPC Green Energy, have started trading at a premium in the grey market as the company announced the price band and details of its upcoming initial public offering (IPO).

 

NTPC Green Energy's unlisted shares were quoted at a premium of Rs 5 over the upper end of the IPO price, resulting in a grey market premium (GMP) of nearly 5 per cent, according to sources tracking grey market activities. READ MORE

 

 

2:01 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty trade with losses

Stock Market LIVE Updates: Benchmark Indian equity indices were trading lower on Wednesday, amid weak global cues.

At 2 PM, the BSE Sensex was down 511.06 points, or 0.65 per cent, at 78,164.12, while the Nifty 50 was at 23,696, down 186 points, or 0.78 per cent.

 

1:46 PM

Stock Market LIVE Updates: NMDC Steel shares drop 5% as loss widens to Rs 595.37 cr in Q2, margins dip

Stock Market LIVE Updates: NMDC Steel shares slipped 5 per cent in trade and registered an intraday low of Rs 43.86 per share on BSE. The selling pressure in the stock can be attributed to company's loss widening in Q2FY25 to Rs 595.37 crore in September quarter (Q2FY25) as compared to a loss of Rs 131.10 crore a year ago.

 

Around 12:21 PM, NMDC Steel shares were down 4.59 per cent at Rs 44.09 per share on BSE. In comparison, the BSE Sensex was down 0.67 per cent at 78,149.37. READ MORE
 

 

1:37 PM

Stock Market LIVE Updates: Suven Pharma shares jump 6% after topline zooms 11% in Q2 earnings

Stock Market LIVE Updates: Shares of Suven Pharmaceuticals surged up to 6.25 per cent at Rs 1,279 per share on the BSE in Wednesday’s intraday deals after the company reported its quarterly earnings for the second quarter of financial year 2024-25 (Q2FY25).

The drug maker reported a 3.34 per cent increase in consolidated net profit to Rs 82.21 crore for Q2FY25, driven by an 11.54 per cent rise in revenue from operations, which reached Rs 257.72 crore compared to Rs 231.91 crore in the same quarter of FY24. READ MORE

 

1:29 PM

Stock Market LIVE Updates: Bosch share price rises 4% on strong Q2 operational performance; details

Stock Market LIVE Updates: Shares of Bosch Limited, the Indian arm of German multinational engineering and technology company by the same name, gained up to 3.62 per cent to hit an intraday high of Rs 34,450.55 per share on Wednesday, November 13, 2024. 

 

The surge in Bosch share price came on the back of strong operational performance in the September quarter of financial year 2025 (Q2FY25). READ MORE

 

1:12 PM

Stock Market LIVE Updates: Medplus share price rises 7% on posting more than 1.5x profit in Q2FY25

Stock Market LIVE Updates: Medplus Healthcare Services shares jumped 7 per cent on Wednesday and registered an intraday high of Rs 724 per share on BSE.

The buying interest in the stock came after the company's second quarter (Q2FY25) net profit more than doubled to Rs 38.74 crore.

Around 11:48 AM, Medplus' share price was up 3.52 per cent at Rs 699.4 per share on BSE. In comparison, the BSE Sensex was down 0.64 per cent at 78,170.49.  READ MORE

 

1:03 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty extend losses

Stock Market LIVE Updates: Benchmark Indian equity indices were trading lower on Wednesday, amid weak global cues.

At 1 PM, the BSE Sensex was down 670.89 points, or 0.85 per cent, at 78,005.08, while the Nifty 50 was at 23,654, down 228 points, or 0.96 per cent.

 

12:54 PM

Stock Market LIVE Updates: TaMo, Maruti, SMIL tumble up to 22% in one month; analysts say 'buy dips'

Stock Market LIVE Updates: Shares of leading auto majors and auto components firms were struggling on the NSE on Wednesday, with Nifty Auto index slipping 2.21 per cent in intraday deals. Individually, Mahindra and Mahindra (M&M) was down by 3.99 per cent, Eicher Motors by 3.86 per cent and Samvardhana Motherson International by 3.69 per cent intraday.

 

The stocks of the auto giants have been facing bear attacks for a while now, as in the last month some of the stocks have plunged up to 22 per cent. READ MORE

 

12:40 PM

Stock Market LIVE Updates: Sula Vineyards tumbles 7% to fresh 52-week low as Q2 net profit falls 37%

Stock Market LIVE Updates: Winemaker Sula Vineyards share price slipped as much as 7.44 per cent to hit a fresh 52-week low of Rs 385.35 per share on Wednesday, November 13, 2024. 

 

The fall in Sula Vineyards share price came on the back of weak results in the September quarter of financial year 2025 (Q2FY25). READ MORE

 

12:30 PM

Stock Market LIVE Updates: Weekly contracts that made India top options market has last trading day

Stock Market LIVE Updates: Wednesday will mark the end of the contract that turned India into the world’s largest options market. 

The National Stock Exchange of India Ltd. is discontinuing weekly contracts on the Nifty Bank Index of major lenders — derivatives that represented about one-third of total index options volume — as the nation’s regulator is seeking to rein in an industry that grew more than 40 times over the past five years. At the peak in February, overall options trading reached $6 trillion in notional value — larger than the size of the Indian economy. READ MORE

 

12:25 PM

Stock Market LIVE Updates: Nazara ties up with ONDC to launch 'gCommerce' to enable in-app/in-game purchases

Stock Market LIVE Updates: Nazara Technologies today announced that it has integrated with Open Network for Digital Commerce (ONDC) to launch 'gCommerce' – an innovative in-game monetisation platform that seamlessly integrates e-commerce within games.

The company, in an exchange filing, said, "The integration aims to address a persistent challenge for Indian game developers: low inapp purchase (IAP) conversion rates and poor yields from advertising. Through gCommerce, Nazara and ONDC Network are reimagining game monetisation by leveraging India's thriving e-commerce landscape and providing developers with new, scalable revenue streams."

This strategic integration will allow game developers to monetise through an affiliate revenue-sharing model, earning a commission on every successful transaction initiated by players through the gCommerce platform, it added.

 

12:18 PM

Stock Market LIVE Updates: How do the rich grow their wealth? Survey reveals strategies used by HNIs

Stock Market LIVE Updates: A recent Wealth Index report by rating agency Crisil and wealth management firm 360 ONE Wealth reveals  that a significant portion of High Net-Worth Individuals (HNIs) and Ultra High Net-Worth Individuals (UHNIs) in India are aiming for annual returns in the range of 12-15%, and that due to high equity valuations, the wealthy are diversifying beyond traditional assets such as Portfolio Management Services, Alternative Investment Funds and Real Estate Investment Trusts are gaining popularity. READ MORE

 

12:14 PM

Stock Market LIVE Updates: Index Funds are the go-to choice for India's young investors, shows survey

Stock Market LIVE Updates: Index funds are the more popular among Gen Z and Millennials, with 46-48% of investors under 43 favouring them, compared to 35 per cent among Gen X and Boomers, revealed a survey by Motilal Oswal Asset Management Company.

 

An index fund is a type of mutual fund that aims to replicate the performance of a specific stock market index, like the Nifty 50 or Sensex. These indexes represent a collection of the top companies listed on the Indian stock market. So, when you invest in an index fund, you're essentially buying a small portion of all the companies in that index. READ MORE