Stock Market Close Highlights: Sensex adds 230pts, Nifty atop 24,250; NTPC Green, Adani shares shine

Stock Market Highlights: NTPC Green Energy, which made its debut today, ended higher by 8.74 per cent at Rs 121.25 on the NSE, from its IPO allotment price of Rs 108

3:57 PM

Stock Market Highlights LIVE Updates: A decisive breakout above 24,420 could trigger major up move for Nifty50

The Nifty has been consolidating over the past three days following a sharp up move earlier. On the higher side, it faces resistance at 24,420; a decisive breakout above this level could trigger a significant move toward higher levels. On the lower side, support is positioned at 24,100. The index is likely to remain range-bound until it makes a directional move on either side.

(View by: Rupak De, Senior Technical Analyst, LKP Securities)

3:51 PM

Stock Market Highlights LIVE Updates: Earnings forecast for H2FY25 behind market gains

Indian indices continue to exhibit positive upside as a result of healthy consolidation and the likelihood of strong H2FY25 earnings forecasts. In Asia, market sentiment was mixed due to the potential tariff impositions by the US.

Meanwhile, the Chinese market rebounded on expectations of additional stimulus measures. The global sentiment is positive as the US FOMC minutes and a truce in the Middle East were optimistic. Decelerating inflation and robust growth prospects could lead to continued rate cuts by the Federal Reserve.

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

3:46 PM

Stock Market Highlights LIVE Updates: Adani stocks lead on NSE

Adani Enterprises lead the charts on the NSE, rising over 11 per cent, followed by Adani Ports that soared 6.9 per cent. 

3:43 PM

Stock Market Highlights LIVE Updates: Nifty Media, Metal, Financial Services lead among sectors

Nifty Media, Nifty Metal, Nifty Financial Services were among the top leaders among sectoral trends. 

3:40 PM

Stock Market Highlights LIVE Updates: SmallCap index outperforms, rises 1%

The BSE SmallCap index 1.18 per cent, while the BSE MidCap index rose 0.34 per cent. 

3:36 PM

Stock Market Highlights LIVE Updates: 16 out of 30 stocks close in green

Adani Ports, NTPC, HDFC Bank and Bajaj Finance were among the top 16 gainers on the BSE Sensex. 

3:34 PM

Stock Market Highlights LIVE Updates: Nifty50 ends above 24,250 level

The NSE's Nifty50 closed at 24,274 level, up 80 points or 0.33 per cent. 

3:32 PM

Stock Market Highlights LIVE Updates: Sensex closes 230 points higher

The BSE Sensex closed at 80,234 level, up 230 points or 0.29 per cent. 

3:14 PM

Stock Market LIVE Updates: Surya Roshni gains over 4%

The company won an order worth Rs 215 crore from Hindustan Petroleum Corporation. 

 

3:10 PM

Stock Market LIVE updates: Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025

Goldman Sachs expects gold prices to reach $3,150 per ounce (in their bullish case scenario) by December 2025, an upside of around 19 per cent from the current levels as they remain a good hedge against sticky inflation and rising geopolitical issues.

 

A large part of this price rise, they believe, will also be fueled by higher demand from global central banks coupled with concerns over US fiscal sustainability and trade tensions/wars. Read more

3:00 PM

Stock Market LIVE updates: 3 PM market update

At 3 PM, the BSE Sensex stood at 80,270.76 level, up 266 points or 0.33 per cent, while the NSE's Nifty50 surged 78 points or 0.32 per cent at 24,272.50. 

2:50 PM

Stock Market LIVE Updates: Ashoka Buildcon share falls after NHAI cancels project

Ashoka Buildcon in an exchange filing said that NHAI has cancelled the company's bid for Development of 4 lane Economic Corridor from Kharagpur to ChandrakonaGhatal Road Crossing Section due to administrative reasons. Read filing here
 

2:40 PM

Stock Market LIVE Updates: BCL Ind gains after LoA win

The company has received a Letter of Acceptance (LOA) for supplying 60 lakh litres of ENA from its Bathinda (Punjab) distillery.

2:36 PM

Stock Market LIVE Updates: This smallcap stock surged 26% in 4 days; this brokerage expects 48% upside

Shares of Genesys International continued their upward movement for the fourth straight day, hitting a new high of Rs 924.80, gaining 5 per cent on the BSE in Wednesday’s intra-day deals. 

 

In the past four days, the stock of this smallcap information technology (IT) enabled services company has surged 26 per cent after Elara Capital initiated coverage on Genesys with a 'Buy' rating, citing that the stock trades at an attractive valuation. The brokerage set a price target of Rs 1,370 per share. Read more

2:25 PM

Stock Market LIVE Updates: Rupee depreciates amid a strong dollar

At Rs 84.4150 (spot) Indian Rupee depreciated by 0.12 per cent on Wednesday amid strong Dollar demand from bank on expiry of the futures contract and a recovery in crude oil prices. However, positive tone in domestic markets and weakness in the US Dollar index prevented a sharp fall in the Rupee.

(View by Anuj Choudhary – Research Analyst at Sharekhan by BNP Paribas)