Business Standard

Market Highlights, Sept 27: Sensex sheds 264pts, Nifty below 26,200; private banks fall, RIL support

Stock Market Today: Indian equity benchmark indices BSE Sensex ,and Nifty50 ended in red on Friday.

Image SI Reporter New Delhi
Stock Market, Market

Stock Market Highlights Updates, Friday, September 27, 2024: Indian equity benchmark indices, BSE Sensex and NSE Nifty50, after surging to fresh all-time highs, pared their gains to end the week's last trading session in negative territory.

At the closing bell, the BSE Sensex was down 264 points, or 0.31 per cent, at 85,571.85. The 30-stock index had touched record high of 85,978.25 during intra-day trade.

Notably, index-heavyweight, Reliance Industries, ended with gains of 1.71 per cent. 

Nifty50, on the other hand, scaled an all-time high of 26,277.35 before ending Friday's session with a loss of 37.13 points, or 0.14 per cent, at 26,178.95.

29 out of 50 constituent stocks of Nifty50 ended in the red, with Power Grid Corporation of India, Bharti Airtel, HDFC Bank, ICICI Bank, and Hero MotoCorp being the top laggards with losses of up to 2.96 per cent. Conversely, BPCL, Sun Pharma, Divi's Labs, were among the top gainers with gains of up to 6.23 per cent.

Among the broader indices, the Nifty Midcap 100, and Nifty Smallcap 100 indices settled with losses of 0.15 per cent, and 0.10 per cent, respectively.

Bank Nifty, Media, Nifty Private Bank, and Realty indices ended with losses of over 1 per cent each.

Meanwhile, Nifty Oil & Gas index outperformed the other sectoral indices and ended higher by 2.37 per cent, while PSU Bank, Pharma, Metal, and IT were among other indices that ended with gains of up to 1.15 per cent.
3:51 PM

Stock Market Close LIVE Updates: Bank, Realty indices fall 1%

>> IT, Pharma, PSU Bank, Metal indices lend support

3:48 PM

Stock Market Close LIVE Updates: Broader markets shine on Friday

Stock Market Highlights, Sept 27: BSE MidCap rises 0.29% and the BSE SmallCap adds 0.07% on a day when benchmarks ended lower

3:42 PM

Stock Market Close LIVE Updates: Gainers, Losers tie on Sensex

Stock Market Highlights, Sept 27: Sun Pharma, Titan, RIL, NTPC, HCL Tech end as top Sensex gainers today

>> Power Grid, ICICI Bank, Bharti Airtel, HDFC Bank, Kotak Bank, and L&T end as top Sensex losers today
 
3:39 PM

Stock Market Close LIVE Updates: Nifty snaps 6-day winning run, ends below 26,200

Stock Market Highlights, Sept 27:NSE Nifty50 ends at 26,178.95, down 37.10 points or 0.14%

>> NSE Nifty50 hit a lifetime high of 26,277.35 during the day
 
3:37 PM

Stock Market Close LIVE Updates: Sensex ends lower after recent record breaking rally

Stock Market Highlights, Sept 27: BSE Sensex ends at 85,571.85, down 264.27 points or 0.31%

>> BSE Sensex hit a record high of 85,978.25 during the day

3:28 PM

Sun Pharma gains 3%; hits new high on UBS 'Buy' rating, sees more upside

The global brokerage firm expects Sun Pharma to record its highest growth in the near-term (operating leverage benefits from its US specialty portfolio and margin expansion at its subsidiary, Taro), and the medium-term via a ramp-up of the specialty drug pipeline. READ MORE
3:15 PM

Swiggy's recipe for success: DRHP reveals key ingredients ahead of IPO

The Indian primary market has been booming this year, with as many as 62 mainboard companies going public, including Ola Electric, and Bajaj Housing Finance, being some of the notable companies to grace the list. READ MORE
3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade trade in red

Stock Market LIVE Updates: Indian equity benchmark indices BSE Sensex and Nifty 50, after climbing to record highs in early trades on Friday, were trading lower.

At 3 PM, the BSE Sensex was at 85,567.49, down 268.63 points, or 0.31 per cent, while the Nifty 50 was at 26,189, down 26.10 points, or 0.1 per cent. 
2:55 PM

Stock Market LIVE Updates: Nuvama Wealth gains 4% after 2.2 mn shares change hands via block deals

Stock Market LIVE Updates: Nuvama Wealth Management share rose 4.2 per cent on Friday and logged an intraday high of Rs 7,057.05 per share on the BSE. The buying interest came after over 2 million shares changed hands on the counter via block deal. READ MORE
 
2:44 PM

Stock Market LIVE Updates: Morgan Stanley double upgrades Tata Power, Torrent Power; check out details

Stock Market LIVE Updates: Global brokerage Morgan Stanley has double upgraded Tata Power and Torrent Power in its recent report on the 'Utility' sector. For Tata Power, it has revised its rating to 'Overweight' from 'Underweight' while raising its target to Rs 577 from Rs 331 per share. As per the brokerage, the company has a good mix of a cash cow-regulated business earning assured returns and a market-linked business. READ MORE

2:29 PM

Stock Market LIVE Updates: Zomato share price falls 4% after Swiggy files IPO DRHP with Sebi

Stock Market LIVE Updates: Swiggy's IPO move had investors buzzing about the competitive landscape in the food delivery market as Zomato’s scrip slipped up to 3.64 per cent to an intraday low of Rs 273.50 per share. READ MORE
2:19 PM

Stock Market LIVE Updates: 822 IPOs globally aimed to raise $65bn till August; India tops APAC tally

Stock Market LIVE Updates: Primary market, it seems, is not only luring investors back home but also globally. A recent report by GlobalData, a London-based data analytics firm suggests that 822 Initial Public Offers (IPO) aimed to raise $65 billion in the first eight months of calendar year 2024 (CY24) till August.

This is a 17.4 per cent jump from 2023 when 1,564 listings during the same period planned to mop up $55.4 billion via this route. READ MORE
2:15 PM

Stock Market LIVE Updates: Order alert! PTC Ind to supply Titanium Castings for M777; stock rises

Stock Market LIVE Updates: PTC Industries share price gained 2.3 per cent on Friday and registered an intraday high of Rs 13,411 per share on the BSE. At around 12:53 PM, shares of the company were up 1.5 per cent at Rs 13,299 per share on the BSE.

By comparison, the BSE Sensex traded 0.24 per cent lower at 85,633.71 around the same time. READ MORE
2:03 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty trade on muted note after hitting life highs

Stock Market LIVE Updates: Indian equity benchmark indices BSE Sensex and Nifty 50, after climbing to record highs in early trades on Friday, were trading lower or flat.

At 2 PM, the BSE Sensex was at 85,681.85, down 154 points, or 0.18 per cent, while the Nifty 50 was at 26,219, up 3.90 points, or 0.01 per cent. 
1:58 PM

Stock Market LIVE Updates: NSE announces schedule for mock and live sessions to test disaster recovery website

Stock Market LIVE Updates: NSE today announced the schedule to hold mock and live trading sessions with a view to "check the connectivity and to avoid login problems in live trading sessions from DR (disaster recovery) site.

The stock exchange, in a notice, said, "Members are requested to note that the Exchange Contingency Tests shall be carried out between 12:00 PM to 01:00 PM for mock trading on Saturday, September 28, 2024." This means that the exchange will conduct a mock session on Saturday, September 28. 

Further, according to its notice, the exchange will also conduct live trading sessions from the Disaster Recovery website on September 30 (Monday) and October 1 (Tuesday), while regular live trading from the primary website will commence from October 3 (Wednesday).

Markets will be closed on October 2, on account of Gandhi Jayanti.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 27 2024 | 8:08 AM IST

Explore News