Stock Market Highlights: Sensex, Nifty overcome US recession scare, end flat; IndusInd Bank dips 27%

Stock Market Highlights: The Sensex recovered 500 pts from the day's low to end flat at 74,102; Nifty settled at 22,498. ICICI Bank, Bharti Airtel and Reliance Industries led the recovery on Tuesday.

3:45 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Despite significant selloffs in the U.S. and other Asian markets driven by concerns over an economic slowdown caused by the ongoing trade war, the domestic market is showing signs of a gradual recovery. Its relatively lower volatility can be attributed to a moderation in valuations following recent corrections, along with supportive factors such as falling crude oil prices, an easing Dollar Index, and expectations of a rebound in domestic earnings.

These elements are expected to contribute to stability amid prevailing trade uncertainties. Meanwhile, attention remains on the upcoming retail inflation data, which could provide insights into potential interest rate cuts.

View by Vinod Nair, head of research, Geojit Financial Services.

3:44 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty started the day with a gap down, following weak global cues. However, during the day, the sentiment remained positive. Overall, the sentiment remains positive for the very short term, supported by strong momentum in the RSI indicator and the index closing above the 50 EMA on the hourly timeframe. In the very short term to short term, the index might continue its strength with the potential to reach 22,660–22,700. Above 22,700, the Nifty might move towards 23,000. On the lower end, support is placed at 22,400 on a sustained basis.

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

3:42 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE Midcap was up 0.72 per cent at close and Smallcap was down 0.70 per cent. 

3:40 PM

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

Stock Market LIVE Updates: IndusInd Bank, Bajaj Finserv, Infosys were among the top laggards on Nifty50. 

3:39 PM

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

Stock Market LIVE Updates: IndusInd Bank, Infosys, Bajaj Finserv were among the top losers on Sensex. 

3:36 PM

Stock Market LIVE Updates: Nifty50 closes at 22,497.9, up 37.6 pts

Stock Market LIVE Updates: NSE Nifty50 finishes 22,497.9, up 37.6 points or 0.17 per cent. The index made an intraday high at 22,522.10 and low at 22,314.7.

3:34 PM

Stock Market LIVE Updates: Sensex closes 13 pts lower at 74,102.32

Stock Market LIVE Updates: BSE Sensex was down 12.85 points or 0.02 per cent at 74,102.32. The index made an intraday high at 74,195.17 and low at 73,663.60.

3:25 PM

Stock Market LIVE Updates: Sapphire Foods slips 9%; management expects sales, margins woes to persist

Stock Market LIVE Updates: Shares of Sapphire Foods India slipped 9 per cent to Rs 297.50 on the BSE in Tuesday’s intra-day trade as the company's management expects near-term average daily sales (ADS) pressure and weak margins for two more quarters, impacting performance. However, long-term quick-service restaurant (QSR) drivers remain strong, with KFC and Pizza Hut as key verticals. Read more 

3:17 PM

Stock Market LIVE Updates: LIC, ICICI Pru, SBI MF: Top mutual funds who own IndusInd Bank stock

Stock Market LIVE Updates: IndusInd Bank stock witnessed the sharpest one-day drop in its history, tumbling over 25 per cent in intraday deals on Tuesday, a day after the bank reported discrepancies in its derivative portfolio.

 

Among the key public investors that held over 1 per cent stake in the bank as on December 2024 included Life Insurance Corporation of India (LIC), ICICI Prudential India Opportunities Fund, SBI Nifty 50 ETF, Government of Singapore, UTI Large Cap Fund and Nippon Life India Trustee Ltd-A/C Nippon India Arbitrage Fund, data from ACE Equity suggests. Read more 

3:09 PM

Stock Market LIVE Updates: Zydus Life to buy 85% stake in Amplitude Surgical; stock up 1%

Stock Market LIVE Updates: Zydus Lifesciences on Tuesday said it has entered into exclusive negotiations to acquire a majority stake in France-based Amplitude Surgical for 256.8 million euros.

The company has entered into negotiations with PAI Partners, Amplitude Surgical's management, as well as two minority shareholders to acquire 85.6 per cent of the company's share capital, the Ahmedabad-based drug maker said in a regulatory filing. READ MORE

On the BSE, the stock was up nearly 1 per cent at Rs 901 on trades of around 28,000 shares.

2:59 PM

Stock Market LIVE Updates: Tata Communications shares up 9%; ICICI Securities double upgrades to 'Buy'

Stock Market LIVE Updates: Tata Communications share price soared in a subdued stock market session today, lifted by heavy volumes. The stock of the Tata Group company jumped 8.7 per cent to Rs 1,492 per share on the BSE in the intraday trade with 69,000 shares having changed hands till the time of writing this report.

 

By comparison, the counter’s two-week average volume on the BSE is 11,000 shares. Further, combined with the volume on the National Stock Exchange (NSE), volumes on Tata Communications stock stood at 3.13 million shares.

 

At 1:55 PM, Tata Communications shares were up 7.7 per cent as against 0.01 per cent dip in the BSE Sensex index. READ MORE

2:48 PM

Stock Market LIVE Updates: RBI tweaks banks' lending norms, pushes NBFCs to modify funding strategy

Stock Market LIVE Updates: Indian non-banking financial companies (NBFCs) are expected to adjust their funding strategies in the upcoming financial year, driven by the Reserve Bank of India’s (RBI) decision to ease certain lending regulations. This move may encourage banks to increase their funding to NBFCs, news agency Reuters reported.

 

The RBI has rolled back some of the stricter rules on bank loans to NBFCs, reducing the risk weight on consumer microfinance loans by 25 percentage points to 100 per cent. This effectively restores the earlier risk weight framework. READ MORE

2:41 PM

Stock Market LIVE Updates: Zomato slips 5% on heavy volumes, stock falls below Rs 200 after 8 months

Stock Market LIVE Updates: Food aggregator Zomato’s share price fell below Rs 200-mark for the first time in the last eight months, as the stock slipped 5 per cent to Rs 199.75 on the BSE in Tuesday’s intra-day trade amid heavy volumes on concerns around increasing cash burns in Quick Commerce (QC). This was mostly on account of higher discounting by Zepto as it was looking to increase market share post accelerated store expansion, according to analysts.

 

In the past three trading days, the stock has declined 11 per cent. It was trading at its lowest level since July 1, 2024. The stock has corrected 34 per cent from its 52-week high of Rs 304.50 touched on December 5, 2024. READ MORE
 

2:30 PM

Stock Market LIVE Updates: Sensex bounces back in green, up over 500 pts from day's low

Stock Market LIVE Updates: The BSE Sensex quoted at 74,135 levels - up 22 points as against the day's low of 73,664 early today.

 

2:20 PM

Stock Market LIVE Updates: India, US to focus on mkt access, reducing tariff, non-tariff barriers: MoS

Stock Market LIVE Updates: India and the US are planning to negotiate a trade agreement and both countries will focus on increasing market access, reducing import duty and non-tariff barriers, and enhancing supply chain integration, Parliament was informed on Tuesday.

In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that as on date, reciprocal tariffs have not been imposed by the US on India.

"Both countries plan to negotiate a mutually beneficial, multi-sector Bilateral Trade Agreement. Both countries would focus on increasing market access, reducing tariff and non-tariff barriers, and enhancing supply chain integration," he said. READ MORE

2:08 PM

Stock Market LIVE Updates: Concerned with market's over-reaction: Ashok Hinduja of IndusInd Intl Holdings

Stock Market LIVE Updates: Ashok Hinduja of IndusInd International Holdings, Mauritius, said was concerned with the Market's over-reaction, and said will continue to support IndusInd Bank fully in an interview on ET Now.

Key takeaways:

- Promoter ready to inject liquidity as and when required

- Capital adequacy not an issue for IndusInd Bank

- As promoters, have full confidence in the bank's board

- Confident that Sumat Kathpalia will be able to handle the situation

- Believe the situation will be handled comfortably

2:03 PM

Stock Market LIVE Updates: BEL rises 2% on securing additional orders worth Rs 843 cr

Stock Market LIVE Updates: Aerospace and defence company Bharat Electronics (BEL) shares were in demand in a weak market, as the scrip rose as much as 2.31 per cent to an intraday high of Rs 278.55 per share on the BSE.

The rise in the Bharat Electronics share price came after the company announced that it has secured additional orders worth Rs 843 crore.
 
In an exchange filing, Bharat Electronics said, “Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs 843 crore since the last disclosure on 06 March 2025.” READ MORE

1:51 PM

Stock Market LIVE Updates: RBI asks lenders to widen scope of reporting offshore swap trades

Stock Market LIVE Updates:  India’s central bank asked lenders to widen the scope of reporting offshore interest rate derivative trades as it seeks to better manage overseas flows, according to people familiar with the developments.

The Reserve Bank of India has requested foreign banks operating in India to report details of all offshore trades involving rupee interest rate products, the people said, adding the disclosure would help enhance oversight of client positions. Currently, not all offshore trades are reported, especially those carried out by overseas lenders with offshore clients outside of India market hours, they added. READ MORE

1:40 PM

Stock Market LIVE Updates: Graphite India, HEG shares surge up to 9% in weak market; here's why

Stock Market LIVE Updates: Shares of graphite electrodes (GE) companies - HEG, and Graphite India - surged up to 9 per cent on the BSE in Tuesday's intraday trade aided by heavy volumes.

HEG rallied 9 per cent in the intraday trades after Singularity AMC, an equity firm backed by ace investor Madhusudan Kela and led by Yash Kela, along with its partners, signed definitive agreements to invest up to Rs 500 crore in Bhilwara Energy Limited (BEL) - a subsidiary of the company. READ MORE

1:27 PM

Axis MF launches Nifty500 Value 50 ETF NFO, focusing on value stocks

Stock Market LIVE Updates: Axis Mutual Fund has launched its latest Exchange Traded Fund (ETF) – Axis Nifty500 Value 50 ETF. The New Fund Offer (NFO) is open for subscription from March 10 to March 12, 2025. This open-ended ETF aims to track the NIFTY500 Value 50 TRI and provide investors with a cost-effective, transparent, and tax-efficient way to gain exposure to value-based investing strategies in the Indian equity market.

The objective of the scheme is to provide returns before expenses that correspond to Nifty500 Value 50 TRI, subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved. READ MORE

1:18 PM

Stock Market LIVE Updates: Nifty IT can tank another 10%; key levels on tech stocks here

Stock Market LIVE Updates: The NSE Nifty IT index fell 1.6 per cent, and was the top loser on the NSE in intra-day deals on Tuesday after the US market crashed up to 4 per cent on fears of a potential recession risk.

Technically, IT stocks were seen trading in oversold zones; despite this charts suggest that Infosys, TCS, HCL Technologies and Tech Mahindra could slip up to 13% from here on. READ MORE

1:01 PM

Stock Market LIVE Updates: Arkade Developers shares gain 4% as promoter acquires 0.1 mn shares

Stock Market LIVE Updates: Arkade Developers shares advanced 4.4 per cent on BSE, logging an intraday high at Rs 158.55 per share. The buying at the counter came after the company's promoter and director Amit Mangilal Jain acquired 1,00,000 equity shares which constituted 0.05 per cent of total paid up capital through an open market transaction.

 

Around 12:29 PM, Arkade Developers share price was up 2.17 per cent at Rs 155.15 per share on BSE. In comparison, the BSE Sensex was down 0.18 per cent at 73,981.15. The market capitalisation of the company stood at Rs 2,880.57 crore. The 52-week high of the stock was at Rs 190 per share and the 52-week low was at Rs 128.3 per share. READ MORE

12:52 PM

Stock Market LIVE Updates: No redemptions in our small, midcap schemes: Rahul Agarwal, Bandhan AMC

Stock Market LIVE Updates: Despite the current stock market correction, Rahul Agarwal, vice president of equities at Bandhan AMC, believes investors have shown maturity by, largely, sticking with equity investing as a long-term wealth creation strategy. His Fund -- Bandhan Core Equity Fund -- however, has increased its cash position slightly since October 2024 to protect investors' money. In an email interview with Business Standard, Agarwal shared his insights into how he has navigated the current market scenario, the secret behind his Fund's outperformance, and top stocks and sectors that are on his radar. READ MORE

12:42 PM

Stock Market LIVE Updates: Hinduja Group stocks tumble today as downgrades hit IndusInd Bank

Stock Market LIVE Updates: Shares of most Hinduja Group listed companies tumbled in trade on Tuesday as shares of its lending vertical -- IndusInd Bank -- cracked after reporting a likely 2.35-per cent decline in its net worth due to discrepancies in its derivative accounts.

 

IndusInd Bank shares tanked 23 per cent to an intraday low of Rs 693.5 per share, hitting their lowest level since November 2020.

 

Shares of flagship company, Ashok Leyland, meanwhile fell as low as 3.77 per cent on Tuesday. The shares of the commercial vehicles maker have fallen over 8 per cent this year, following five years of consecutive gains. READ MORE

12:30 PM

Stock Market LIVE Updates: Why One 97 Communications, parent of Paytm, shares rose 5% in trade today?

Stock Market LIVE Updates: One 97 Communications, parent of Paytm, shares gained 5.3 per cent on BSE, logging an intraday high at Rs 700.7 per share. The stock rallied after reports suggested that Indian government may consider restoring merchant charges on UPI.

 

These charges, known as the merchant discount rate (MDR) in the payments industry, are fees merchants pay to banks to process real-time transactions. Currently, no MDR is applied to UPI and RuPay debit card payments, which are facilitated through the National Payments Corporation of India (NPCI).  

 

Around 11:58 AM, Paytm share price was up 4.57 per cent at Rs 695.55 per share on BSE. In comparison, the BSE Sensex was down 0.22 per cent at 73,954.65. The market capitalisation of the company stood at Rs 44,352.96 crore. The 52-week high of the stock was at Rs 1,063 per share and the 52-week low was at Rs 310 per share. READ MORE

12:25 PM

Stock Market LIVE Updates: India's amateur retail investors risking it all amid mounting risks

Stock Market LIVE Updates: The Indian stock market has had a difficult few months. The NSE Nifty 50 Index declined for 10 straight days recently — an unusually sustained dip. Policymakers in New Delhi tend to maintain a lordly indifference to turbulence in equities. But, on this occasion, they need to pay closer attention.

 

America’s whipsawing tariff policies might have unsettled international markets. But the India sell-off has deeper and more disturbing roots. It is driven primarily by global funds heading for the door. They have taken out more than $15 billion so far this year. The markets have lost $1.3 billion in value since last September, and the Nifty 50 is down about 14 per cent. READ MORE

12:18 PM

Stock Market LIVE Updates: Sensex can hit 105,000 by December 2025; recession a risk: Morgan Stanley

Stock Market LIVE Updates: At a time when the global markets, including India, have been on a steady downtrend in the backdrop of geopolitical concerns and Donald Trump’s tariff-related threats, analysts at Morgan Stanley expect the Sensex to hit the 105,000 mark by December 2025 as their bull-case scenario for the index. This translates into a rise of nearly 41 per cent from the current levels.

 

The risk-reward for the Indian markets, they said, is turning favourable, and see the Sensex at 93,000 levels by December 2025 – up around 25 per cent from the current levels as their base case. In a bear-case scenario, on the other hand, they expect the Sensex to slide nearly 6 per cent to 70,000 levels by December 2025. READ MORE

12:07 PM

Stock Market LIVE Updates: Hitachi Energy slips 3% after launching QIP at floor price of Rs 12,112.5

Stock Market LIVE Updates: Hitachi Energy India shares slipped 3.3 per cent on BSE, logging an intraday low at Rs 12,289 per share. The southward movement in the stock came after the company launched its qualified institutional placement (QIP). The floor price for the QIP is set at Rs 12,112.5 per share which translates to a discount of over 4 per cent on the previous close at Rs 12,715.35 per share. 

 

Around 11:35 AM, Hitachi Energy share price was down 3.35 per cent at Rs 12,289 per share on BSE. In comparison, the BSE Sensex was down 0.26 per cent at 73,924.64. The market capitalisation of the company stood at Rs 52,082.84 crore. The 52-week high of the stock was at Rs 16,534.5 per share and the 52-week low was at Rs 6,267.2 per share. READ MORE

11:53 AM

Stock Market LIVE Updates: Despite near-term challenges, brokerages remain positive on Sun Pharma

Stock Market LIVE Updates: The stock of the country’s largest pharmaceutical company, Sun Pharmaceutical Industries (Sun Pharma), has shed about 15 per cent from its highs over the last three months. Weak US sales trajectory, the uptick in research and development expenses, USFDA-related issues and pricing pressure in the US generics have weighed on the stock prices. Despite the near-term challenges, most brokerages are positive on the long-term prospects. READ MORE

11:38 AM

Stock Market LIVE Updates: Nifty IT index slips 2% on US recession concerns; Infy, Wipro down up to 4%

Stock Market LIVE Updates: Shares of information technology (IT) companies were under pressure on Tuesday with the Nifty IT index falling 2 per cent to 36,826.90 on the National Stock Exchange (NSE) in the intraday trade on concerns that the US economy may fall into a recession by the year-end amid President Donald Trump's tariff war with trading partners.

 

Overnight, US stock markets ended sharply lower on Monday, as fear mounted that the US economy could be careening into a recession. Tech-heavy Nasdaq Composite dropped 727.90 points, or 4.00 per cent, to 17,468.32. This was the index's worst session since September 2022. READ MORE