Stock Market Highlights: Sensex slips 111 pts in subdued trade, Nifty holds 23,500; Smallcaps shine

Stock Market Highlights: 29 out of the 50 constituent stocks of the benchmark NSE Nifty50 ended lower, dragged by Hindustan Unilever, Britannia Industries, BPCL, Tata Consumer, and Nestle India

4:03 PM

Stock Market Highlights LIVE Updates: Market looking improvement in domestic biz, economy data

Today the domestic market experienced a lacklustre trading, but some stability was observed throughout from the low of the day. The sustainability of this trend remains uncertain as FIIs continue to be on the selling side. But on a positive note the degree of selling is reducing. Asian markets too displayed mixed sentiments as investors evaluate potential risk due to a likely change in the US policy with trade barriers.

However, it looks like the muted performance of domestic Q2 earnings has been mostly factored in with the consolidation of the last 1-2 months. Market will look forward for improvement in domestic business and economy data,  in anticipation of a rebound in government spending which reduced during the year due to national & state elections.

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

3:57 PM

Stock Market Highlights LIVE Updates: Crucial to focus on IT and banking sectors for further cues

The Nifty index had a subdued session on the weekly expiry day following the recent sell-off. The benchmark index saw sharp fluctuations in the early hours, but a lack of clear direction among heavyweights kept the movement contained throughout the day. Sectorally, there was a mixed performance—realty and auto sectors edged higher, while FMCG and pharma ended in the red. Meanwhile, broader indices showed slight relief, posting gains in the range of 0.4 per cent to 0.8 per cent.
 

The Nifty's pause was largely anticipated after retesting its major support level at the 200-day exponential moving average (DEMA). We advise monitoring leveraged positions closely at this point. With major earnings now behind us, it’s crucial to focus on the performance of the IT and banking sectors for further cues.

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

3:46 PM

Stock Market Highlights LIVE Updates: Eicher Motors, Hero MotoCorp, Grasim Industries surge on NSE

On NSE, Eicher Motors, Hero MotoCorp, and Grasim Industries were among the top gainers on NSE.

3:44 PM

Stock Market Highlights LIVE Updates: Nifty FMCG, PSU Bank, Healthcare lose among sectors

Nifty FMCG, PSU Bank, Healthcare shedded the most among sectors.

3:40 PM

Stock Market Highlights LIVE Updates: Broader indices outperform

The BSE SmallCap index surged 0.83 per cent, while the BSE MidCap index soared 0.41 per cent. 

3:35 PM

Stock Market Highlights LIVE Updates: 17 out of 30 stocks end in red

HUL, Nestle India and NTPC were the top losers among the 17 stockts that were trading in red on BSE Sensex.

3:35 PM

Stock Market Highlights LIVE Updates: Nifty closes below 23,550

The NSE's Nifty50 ended 26 pints or 0.11 per cent lower at 23,552 level.

3:32 PM

Stock Market LIVE Updates: Sensex ends over 100 pts down

The BSE Sensex closed 110 points lower or 0.14 per cent down at 77,580 level. 

3:15 PM

Stock Market LIVE Updates: Eicher Motors up 8%; Royal Enfield rides past 'toughest phase': Analysts

India's Eicher Motors was on course for its best day since mid-2020, after the Royal Enfield motorcycle maker posted a quarterly profit beat, which analysts said indicated that the "toughest phase" of competition was over.

 

Eicher's stock rose more than 8.3 per cent and was the top gainer on the Nifty auto index, which was up about 1 per cent. Read more

3:12 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, RBI is not in a hurry to cut rates. 

We've had a bit of a cyclical slowdown due to earnings downgrade in the last quarter. I don't think its very dramatic; I think, it's very healthy.

3:10 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, India is having a healthy correction led by smallcaps.

There's huge domestic flows coming into the market.

Companies have been raising capital to take advantage of the higher valuations.

The good news about the foreigners selling is that they have the ability to buy any sharper correction.

3:08 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, Dollar strength is short term; it can run into the inauguration.

Treasury market will be selling off, and the only way that is not going to happen is if Elon Musk is allowed to do this dramatic surgery on the US government.

In a world where $2 trillion government spending is cut, the US market is going to become very vulnerable.

We're gonna get a deflationary shock, and that'll cause people to invest in equities elsewhere.

3:03 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, from an Indian standpoint, I wouldnt change my investment strategy in India, because Donald Trump has been elected.

3:03 PM

Stock Market LIVE updates: 3 PM market update

At 3 PM, the BSE Sensex was lower by 116 points, or 0.15 per cent, at 77,574, while the Nifty 50 was at 23,516, lower by 43 points, or 0.18 per cent.

 

3:02 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, China would willingly trade higher tariffs for greater ability to buy advanced US semiconductors.

3:00 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood sceptical that Trump will put 60% taxes on China. If he does, he's going to increase the cost of goods for a lot of people in the US. If you listen to him, it's a negotitaion tactic.

2:58 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, treasury markets have entered the bear market since the Fed printed all those dollars in the spring of 2020.

Expects 10-year Yields to go 2.5% or higher, at which point, it'll start to hit the stock markets.

One thing that could turn this view on its head, is if Elon Musk is able to cut $2 trillion dollar of spending from the federal government.

2:54 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, Trump's policies on corporate tax cuts could support US markets

 

2:53 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, Trump has a track record of trying to do what he says he's going to do. 

He's been pretty clear that he wants to end the Ukraine conflict, so we should assume that he'll try to do something pretty quickly.

He's described Ukraine's leaders as the best salesman in the world, so that's the emphasis he's putting on the money US is sending to Ukraine.

But the situation in Middle East is much less clear.

2:49 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, energy prices are going to decline, because Trump is going to move quickly, and he's not going to fund Ukraine.

In the mid-term, going into the second half of 2025, the issue is, what happens to the bond market?

Because rising bond yields in the US have the potential to derail equities at some point.

2:46 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, Prez Trump’s policies on corp tax cuts could support US mkts.

Trump’s clarification that he does not not want to keep funding Russia-Ukrain war is positive 

US stock markets are impacted by moves in tech stocks

Many Trump policies are inflationary; Tariff increases could increase inflation

 

2:46 PM

Stock Market LIVE Updates: Christopher Wood on emerging markets and India

Stock Market LIVE Updates: Chris Wood says, US election outcome doesn't make a huge difference, but it does for the world as a whole.

India is on track for 6-8% real GDP growth; 10-12% nominal GDP growth in the next five years during the forthcoming Trump administration.

In the near-term, Trump's election has created a negative headwind for EM because it has reactivated a strong dollar.

2:35 PM

Stock Market LIVE Updates: MF trends: Net equity inflows hit all-time high in Oct 24; up 75% this year

Stock Market LIVE Updates: The Indian mutual fund (MF) industry has defied market volatility, with October 2024 witnessing record-breaking equity inflows despite a significant slump in major stock indices. Domestic equity funds saw a sharp 3.6% month-on-month (MoM) decline in their assets under management (AUM), dropping to Rs 32.6 trillion, primarily due to a 6.2% dip in the Nifty index. However, the month also saw  net inflows into equity schemes jump to an all-time high of Rs 498 billion, an increase of 37% over September 2024's Rs 364 billion, shows data analysed by Motilal Oswal. READ MORE

2:34 PM

Stock Market LIVE Update: ACME Solar tanks 20% in 2 days; Morgan Stanley IFSC fund sells 3 mn shares

Stock Market LIVE Update: Shares of ACME Solar Holdings slipped 9 per cent to Rs 230.35 on the National Stock Exchange (NSE) in Thursday’s intra-day trade amid heavy volumes after making a weak debut on Wednesday. In two days, the stock has declined 20 per cent against its issue price of Rs 289 per share. READ MORE

 

 

2:24 PM

Stock Market LIVE Updates: GRSE shares surge over 6% after net profit soars 21% YoY in Q2 show

Stock Market LIVE Updates: Shares of Garden Reach Shipbuilders & Engineers (GRSE) jumped up to 6.2 per cent to hit an intraday high of Rs 1,470.80 per share on the BSE after the company reported an increase in net profits in its second quarter of financial year 2024-25 (Q2FY25).

 

The company on Wednesday reported a net profit of Rs 97.8 crore in Q2FY25, marking an increase of 21.1 per cent versus a net profit of Rs 80.7 crore in the year ago period. READ MORE

 

2:11 PM

Stock Market LIVE Updates: Lumax Auto stock leaps 11% on healthy Q2 numbers; PAT zooms 38% YoY

Stock Market LIVE Updates: Automotive components manufacturer Lumax Auto shares soared up to 10.61 per cent to hit an intraday high of Rs 534.45 per share on Thursday, November 14, 2024.

 

The rise in Lumax Auto share price came after the company posted a strong set of numbers in the September quarter of financial year 2025 (Q2FY25). READ MORE

 

 

 

2:02 PM

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

Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading with losses on Thursday.

At 2 PM, the BSE Sensex was lower by 107 points, or 0.14 per cent, at 77,583, while the Nifty 50 was at 23,538, lower by 20 points, or 0.04 per cent.

 

1:45 PM

Stock Market LIVE Updates: SpiceJet clears $90.8 million EDC debt, secures full ownership of 13 planes

Stock Market LIVE Updates: SpiceJet announced on Thursday that it has fully settled a $90.8 million (Rs 763 crore) dispute with Export Development Canada (EDC) by paying a reduced amount of $22.5 million (Rs 189 crore). The low-cost carrier reported savings of $68.3 million (Rs 574 crore) as a result of the settlement. READ MORE

 

1:43 PM

Stock Market LIVE Updates: Varun Beverages up 5% on launching QIP, to raise up to Rs 7,500 crore

Stock Market LIVE Updates: Varun Beverages shares rose 5 per cent in Thursday's trading session and registered an intraday high of Rs 595.65 per share on BSE. The buying interest in the stock can be attributed to the company launching qualified institutional placement (QIP). READ MORE

1:43 PM

Stock Market LIVE Updates: This stock has zoomed over 6000% in 1 yr; to mull stock split on Nov 18

Stock Market LIVE Updates: Shares of Bharat Global Developers (BGDL) hit a new high of Rs 1,152.80, as the scrip was locked in 5 per cent upper circuit on the BSE in Thursday’s intra-day trade in otherwise a subdued market. The stock, locked in upper circuit for the ninth straight trading days, surged 55 per cent during the period. In 11 trading days, it soared 89 per cent from the level of Rs 610.10 on October 30. READ MORE