Stock Market Highlights: RIL, Airtel lift Sensex 760 pts; Nifty ends atop 24,100; Pharma outperforms

Stock Market Highlights:The day ended in favour of bulls as 43 out of 50 constituent stocks on Nifty50 settled higher, with gains led by Bharti Airtel, Cipla, Sun Pharma, M&M, and Tata Consumer

2:14 PM

Stock Market LIVE Updates: Airtel, RIL top contributors in BSE Sensex's rise

Bharti Airtel, Reliance Indutries and ICICI Bank were among the top contributors in the BSE Sensex's rally today.

2:11 PM

Stock Market LIVE Updates: This recently listed NBFC stock climbed 6% on November 29; key reasons here

Manba Finance share price: Shares of non banking financial company (NBFC) Manba Finance shares soared up to 5.94 per cent to hit an intraday high of Rs 157.70 per share on Friday, November 29, 2024.

 

The rise in the Manba Finance counter came after the company announced that it has achieved the highest ever asset under management (AUM) of Rs 1,200 crore till date. Read more

 

2:03 PM

Stock Market LIVE updates: 2 PM market update

At 2 PM, the BSE Sensex stood at 79,792.81 level, up 749 points or 0.95 per cent, while the NSE's Nifty50 surged 224 points or 0.94 per cent at 24,138.85. 

 

1:50 PM

Stock Market LIVE Updates: RIL gains 2% as US based arm picks 21% stake in Wavetech Helium

Stock Market LIVE Updates: Reliance Industries (RIL) shares rose 2.1 per cent on BSE in Friday's trade and logged an intraday high of Rs 1,299.3 per share. The buying interest sparked after the company's US-based arm Reliance Finance and Investments bought a 21 per cent stake in Wavetech Helium, Inc. (WHI). READ MORE

 

1:38 PM

Stock Market LIVE Updates: Dividend, bonus issue: Wipro, Rajoo Engg, 8 others to go ex-date next week

Stock Market LIVE Updates: Shares of Wipro, Can Fin Homes, Gujarat Natural Resources, and 7 other companies will remain in focus next week as they trade ex-date, following their corporate announcements, such as dividends, bonus issues, rights issues, and stock splits. READ MORE

1:32 PM

Stock Market LIVE Updates: M&M gains 2% after clarifying reports on imposition of penalty untrue

Stock Market LIVE Updates: Mahindra & Mahindra (M&M) shares rose 2.3 per cent on BSE in Friday's trade and logged an intraday high of Rs 2,968.3 per share. The stock climbed after the company clarified that reports about the Rs 7,300 crore penalty on M&M were untrue. READ MORE

 

1:23 PM

Stock Market LIVE Updates: Anand Rathi Research: Pick for the Month - MIC Electronics (MICEL)

Stock Market LIVE Updates: After peaking near the 115 mark in September 2024, the stock has undergone a sharp correction, dropping approximately 34 points—equivalent to a 29 per cent decline. This substantial pullback has brought the price down to a critical technical level, where it has formed Bullish BAT pattern between S3 & S4 camarilla pivot which aligns with previous demand zone on daily chart. These technical signals suggest that the stock could witness a buildup of bullish momentum in the coming weeks.

 

From a strategic standpoint, investors may consider buying or accumulating the stock within the 81-83 range, with a potential upside target of Rs 90. To manage risk, it is recommended to maintain a stop-loss at Rs 77.5 on a daily closing basis.

1:10 PM

Stock Market LIVE Updates: LIC rises 5% on filing appeal against GST demand order of Rs 66 lakh

Stock Market LIVE Updates: Life Insurance Corporation of India (LIC) shares jumped 5.1 per cent on BSE in Friday's trade and logged an intraday high of Rs 987.5 per share. The buying in the stock came after the insurance behemoth filed d an appeal with the Goods and Services Tax (GST) Appellate Authority, Jammu Kashmir against the order demanding GST of Rs 66,69,251/- for FY 2019-20. READ MORE

 

12:56 PM

Stock Market LIVE Updates: Nifty Pharma jumps over 2%: Analysts decode the drivers behind the rally

Stock Market LIVE Updates: Nifty Pharma index, which tracks the performance of the top pharmaceutical companies listed on National Stock Exchange (NSE), surged up to 2.41 per cent to hit an intraday high of 22,253.75 levels. Notably, Nifty Pharma is the top sectoral gainer.

 

Individually, Cipla soared up to 3.68 per cent to hit an intraday high of Rs 1,547.70 per share, while Sun Pharma soared up to 3.30 per cent to hit an intraday high of Rs 1,791.60 per share.  READ MORE

12:48 PM

Stock Market LIVE Updates: Zee Ent up 8% as shareholders reject proposal to reappoint Punit Goenka

Stock Market LIVE Updates: Zee Entertainment shares jumped 7.6 per cent on BSE in Friday's trade and logged an intraday high of Rs 132.6 per share. The counter saw buying after shareholders reject the proposal to reappoint Punit Goenka as director. READ MORE

 

12:41 PM

Stock Market LIVE Updates: Sharekhan suggests buying silver on dips amid geopolitical concerns

Stock Market LIVE Updates: On November 28, spot silver underwent a selloff in the Asian session on a stronger dollar; however, it managed to find a support around the cycle low of $29.66 (November 14 low). It closed with a gain of around 0.66 per cent at $30.27. READ MORE

 

12:34 PM

Stock Market LIVE Updates: Lloyds Metals hits new high; stock zooms 102% in 1 year on healthy earnings

Stock Market LIVE Updates: Shares of Lloyds Metals and Energy (LMEL) hit a record high of Rs 1,061.25, as they rallied 10 per cent on the BSE in Friday’s intra-day trade amid heavy volumes on expectations of stable earnings.  READ MORE

 

12:24 PM

Stock Market LIVE Updates: Gold to trade choppy amid war tensions; Sharekhan suggests 'Buy on dips'

Stock Market LIVE Updates:  On November 28, spot gold traded between $2621 and $2650. The metal fell in the Asian session on a firmer Dollar but recovered on safe haven demand coming on concerns that the Russia-Ukraine war may take dangerous turns. Russia targeted Ukraine’s power systems in a new air strike with 91 drones and 97 missiles. Heightened geopolitical risks are supporting the yellow metal. READ MORE

 

12:17 PM

Stock Market LIVE Updates: Nifty50 top gainers/losers

Stock Market LIVE Updates:  Bharti Airtel, Cipla, Sun Pharma, Tata Consumer, and M&M were leading the gains among the Nifty 50 constituent stocks.

12:03 PM

Stock Market LIVE Updates: L&T stock gains 2% on healthy profitability outlook

Stock Market LIVE Updates: Shares of Larsen & Toubro advanced 2 per cent to Rs 3,739.80 on the BSE in Friday’s intra-day trade on healthy profitability outlook in the near-to-medium term. The stock price of civil construction major has rallied 7 per cent in the six trading days. It had hit a record high of Rs 3,948.60 on June 3, 2024. READ MORE