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.