Stock Market Crash Highlights: Sensex tumbles 1,031pts, Nifty at 23,086; NSE Mid, SmallCap fall 4%

Markets Today Highlights: The BSE Sensex has now shed 1,850 points in the last 4 straight trading days

2:30 PM

Stock Market LIVE Updates: Monday mayhem: When will stock markets recover? Check outlook, strategy

Stock Market LIVE Updates: India stock markets today crashed 1 per cent in intraday trade on Monday, January 13, 2025, leaving investors looking for cover. The BSE Sensex index today tumbled 909 points or 1.1 per cent to hit a low of 76,456. The NSE Nifty50, on the other hand, shed 309.6 points or 1.3 per cent to touch a low of 23,172.

 

While the benchmarks have dropped 1 per cent in the first seven sessions of January, they are down up to 11 per cent (Sensex 10 per cent, Nifty 10.8 per cent) from their record high levels hit in September 2024. READ MORE

 

2:20 PM

Stock Market LIVE Updates: BSE, Asia's oldest stock bourse, seeks ways to dent rival NSE's dominance

Stock Market LIVE Updates: When Sundararaman Ramamurthy took charge as chief executive officer at BSE Ltd. in January 2023, few expected him to revitalise Asia’s oldest equity exchange. 

Fast forward two years, and the market value of the 150-year-old exchange has increased nine-fold, revenues have nearly tripled, and its once dormant derivatives segment has gained ground on its larger rival, the National Stock Exchange of India Ltd., the world’s largest derivatives bourse. 
 

Despite this turnaround, the BSE’s key challenge remains: growing its meager 7 per cent-8 per cent share of India’s daily $11 billion cash equities trading, an area long dominated by the NSE. Tackling this issue is the main focus of the 62-year old leader’s strategy. READ MORE

 

2:13 PM

Stock Market LIVE Updates: NBCC signs MoU with Sarkari Awas Nirman Avam Vitt Nigam; bags Rs 3.500-cr project

Stock Market LIVE Updates: NBCC (India) today informed that it has signed a Memorandum of Understanding with Sarkari Awas Nirman Avam Vitt Nigam Ltd, "whereby the latter party has agreed to award works  relate to execution of mixed land use development of Poorvi Vihar, Lucknow".

The company, in an exchange filing, said, "This is to inform that NBCC (India) Limited has entered into a Memorandum of Understanding (MoU) with Sarkari Awas Nirman Avam Vitt Nigam Ltd whereby the later party has agreed to award the works related to exeution of mixed land use development of Poorvi Vihar, Lucknow approximately admeasuring 588 Acre to NBCC as Project management Consultant and Whereas NBCC has agreed to undertake and complete all works accordingly on the terms and condition set forth in the MoU". 

"Subsequent to the signing of the MoU, NBCC has been assigned with the work of taking of the possession and planning, designing and development of encumbrance free site admeasuring 50 acres as phase 1 of the Project having approx. value of Rs. 3,500 crores," it added.

NBCC will execute the project on 'deposit on work' basis and the agency charges is 10 per cent on the actual cost of the project, plus GST and taxes as per applicable rates, it further noted. 

 

2:07 PM

Stock Market LIVE Updates: G R Infra emerges L-1 bidder for Rs 1,947-cr Pune Ring Road project by MSRDC

Stock Market LIVE Updates: G R Infraprojects today informed that it has emerged as the L-1 bidder for a project worth Rs 1,947 crore, in a tender for "Construction of Access Controlled Pune Ring Road (East) in the State of Maharashtra on EPC Mode Package PRR E6 from Km. 81+900 Sonori to Km. 97+900 Garade, Taluka Purandar, District Pune (Length-16.000 Km), called by the Maharashtra State Road Development Corporation Limited (MSRDC).

The company, in an exchange filing, said, "We are pleased to inform you that our Company has emerged as L-1 bidder in Financial Bid Opening dated 13th January 2025 for the following tender invited by Maharashtra State Road Development Corporation Limited (MSRDC)". 

 

2:02 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty extend intraday decline

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 extended their intraday losses on Monday in the face of converging global headwinds clouding the outlook for Indian equities.

At 2 PM, the BSE Sensex was lower by 913.37 points, or 1.18 per cent, at 76,465.54, while the Nifty50 was at 23,117.05, down 314.45 points, or 1.34 per cent.

 

1:56 PM

Stock Market LIVE Updates: Here's why Waaree Energies share was buzzing in trade on Jan 13; details

Stock Market LIVE Updates: Battery manufacturing player Waaree Energies shares were buzzing in trade on Monday, January 13, 2025, as the scrip rose as much as 3.18 per cent to hit an intraday high of Rs 2,648 per share. READ MORE 

1:55 PM

Stock Market LIVE Updates: MTNL shares dip 3% as company struggles to fund escrow account

Stock Market LIVE Updates: Mahanagar Telephone Nigam (MTNL) shares dropped 2.8 per cent in Monday's trade on BSE, logging an intraday low at Rs 43.85 per share. The stock slipped after the company informed that it was unable to fund the escrow account due to insufficient funds. READ MORE 

1:42 PM

Stock Market LIVE Updates: Interarch Building Products shares rise 4% after order win worth Rs 221 cr

Stock Market LIVE Updates: Shares of Interarch Building Products were in high demand on Monday after the company secured Rs 221 crore orders in the semiconductor and lithium-ion battery sector from Tata Projects. Interarch Building Products share price rose 4.46 per cent at Rs 1,624.85 per share on the BSE in intraday trade. READ MORE 

1:34 PM

Stock Market LIVE Updates: NCL Industries shares decline 4% after posting Q3 biz update; here's why

Stock Market LIVE Updates: NCL Industries shares slipped 4 per cent in Monday's trade on BSE, logging an intraday low at Rs 196.35 per share. The stock was down after the company posted its Q3 business update. READ MORE 

1:28 PM

Stock Market LIVE Updates: Wockhardt gains 4% as drug shows 97% efficacy for drug-resistant bacteria

Stock Market LIVE Updates: Shares of Wockhardt were in high demand on Monday after the company said that its drug Zaynich has achieved over 97 per cent clinical efficacy in treating critically ill patients with carbapenem-resistant Gram-negative infections, including meropenem-resistant strains. 

Wockhardt share price rose 3.96 per cent at Rs 1,441.95 per share on the BSE in intraday trade.
 

The study encompassed severe infections such as hospital-acquired bacterial pneumonia (HABP), ventilator-associated bacterial pneumonia (VABP), bloodstream infections (BSI), complicated intra-abdominal infections (cIAI), and complicated urinary tract infections (cUTI). Notably, 17 per cent of patients had concurrent bloodstream infections, adding to the therapeutic complexity. READ MORE

 

1:23 PM

Stock Market LIVE Updates: Vivo Bio Tech starts large animal testing facility; secures CPCSEA nod, funding

Stock Market LIVE Updates: Vivo Bio Tech today informed that it has successfully secured approval from the Committee for the Purpose of Control and Supervision of Experiments on Animals (CPCSEA), obtained funding from a financial institution, and completed the development of a state-of-the-art large animal facility. 

The company, in an exchange filing, said, "This advanced 15,000 sq. ft facility, co-funded through internal accruals and institutional debt, is designed to house,
breed, and conduct studies on canines, pigs, mini-pigs, sheep, and goats".

Operations have already commenced at the facility, which offers a wide range of services, including Pharmacokinetic (PK), Pharmacodynamic (PD), Surgical Studies, and Toxicology Studies, it added. 

These services are being provided to an expanding list of major pharmaceutical and bio-pharmaceutical companies, the company said.

This new capability significantly strengthens Vivo Bio Tech’s existing ecosystem, which encompasses In-vitro and In-vivo Small Animal Studies, Eco-Toxicology, Analytical, and Bio-analytical services. 

"The addition of this large animal facility enables us to deliver comprehensive Investigational New Drug (IND) packages to pharmaceutical and biotech companies worldwide," the company noted.

 

1:14 PM

Stock Market LIVE Updates: Nifty SmallCap index can break 22-month up trend; MidCap index may tank 12%

Stock Market LIVE Updates: Stock markets in India have started the year 2025 on a dis-appointing note, with the equity benchmark indices - the BSE Sensex and the NSE Nifty down up to 1.8 per cent so far in January.

The sell-off has been severe in the broader market, with the Nifty MidCap 150 index plunging 6.5 per cent and the SmallCap 250 index down 7.4 per cent thus far. On Monday, as of 12 noon, the Nifty MidCap index was down 2.5 per cent, and the SmallCap down 2.2 per cent as against a 0.9 per cent fall in the Nifty 50 benchmark. READ MORE

 

1:02 PM

Stock Market LIVE Updates: 1 AM market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 were trading with large cuts on Monday in the face of converging global headwinds clouding the outlook for Indian equities.

At 1 PM, the BSE Sensex was lower by 740.89 points, or 0.96 per cent, at 76,638.02, while the Nifty50 was at 23,181.95, down 249.55 points, or 1.07 per cent.

 

12:54 PM

Stock Market LIVE Updates: Afcom Holdings shares hit 5% upper circuit on long-term pact with Etihad

Stock Market LIVE Updates: Cargo solutions provider Afcom Holdings shares were in demand on Monday, January 13, 2025, as the share price zoomed as much as 5 per cent to hit the upper circuit at Rs 1,074.85 apiece. 

However, at 12:00 noon, Afcom Holdings share price were off day’s high and were trading merely 0.81 per cent higher at Rs 1,032. In comparison, BSE Sensex was trading 0.74 per cent lower at 76,802.74 levels.
 

The uptick in Afcom Holdings share price came after the company announced that it has entered into a long-term contract with the national airline of UAE, Etihad, to operate regular scheduled flights between Chennai-Male sector to move their cargo. READ MORE

 

12:44 PM

Stock Market LIVE Updates: SunTeck Realty slips 4% after posting Q3 biz update; key details here

Stock Market LIVE Updates: SunTeck Realty shares declined 4.5 per cent in Monday's trade on BSE, logging an intraday low of Rs 457.3 per share. The stock declined amid weak market sentiments. The company, on Friday after market hours, posted its Q3 business update. 

 

Around 11:25 AM, SunTeck Realty share price was down 4.13 per cent at Rs 459.1 per share on BSE. In comparison, the BSE Sensex was down 0.55 per cent at 76,951.64. The market capitalisation of the company stood at Rs 6,725.31 crore. The 52-week high of the stock was at Rs 698.35 per share and the 52-week low was at Rs 379.9 per share. READ MORE