02:35:54 PM IST, 12 April 2024
Oil rebounds on Mideast tensions but set for weekly loss
Concern that Iran might retaliate for an attack on Monday by suspected Israeli warplanes on Iran’s embassy in Damascus has supported oil near a six-month high this week, despite dampening factors such as rising U.S. inventories.
02:16:41 PM IST, 12 April 2024
Stock Market LIVE Updates | SENSEX PLUNGES 700 PTS!
HEATMAP: Here’ how top stocks are trading
02:04:10 PM IST, 12 April 2024
Stock Market LIVE Updates | Pratham EPC Projects gets work order worth Rs 497 crore; stock soars 20%
01:54:40 PM IST, 12 April 2024
Zerodha Co-founder Nikhil Kamath alerts investors about fake post claiming stocks ‘handpicked’ by him
01:32:50 PM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: HFCL Ltd got purchase orders aggregating to Rs 64.93 crore
01:23:14 PM IST, 12 April 2024
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01:05:01 PM IST, 12 April 2024
Stock Market LIVE Updates: European stocks rise at open
Europe’s stock markets rallied Friday as dealers took their cue from Wall Street’s positive lead and upbeat UK economic growth data. London’s benchmark FTSE 100 index of leading blue-chip companies added 0.8 percent to 7,988.87 points, boosted partly by news of UK economic growth in February.
12:40:15 PM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | SENSEX FALLS 600 PTS
HDFC Bank and Infosys drag Sensex 600 pts lower.
12:33:20 PM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | Top gainers & losers at this hour
12:32:08 PM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | SENSEX FALLS 500 PTS!
Sensex declines over 500 pts to fall below 74,600 level.
12:17:00 PM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | Godfrey Phillips’ Board decides to exit from carrying out thebusiness operations of its Retail Business Division. The revenue from operations for the Retail Business Division for FY 22-23 was Rs. 396 crores, being 9.3% of the total revenue from operations.
11:57:29 AM IST, 12 April 2024
ET Exclusive: Japan’s MUFG set to pick 20% stake in HDFC Bank arm HDB Financial for $2 bn
Bank of Tokyo-Mitsubishi UFJ (MUFG) is buying a 20% stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank at a $9-10 billion valuation, ahead of its proposed IPO, said people aware. The final decision is likely to take place next week at the HDFC Bank board meeting, said people in the know. Once announced this will be among the largest deal in the shadow banking space in India.
11:44:15 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | Vakrangee partners with global one enterprises (max tv) to provide ott services
11:42:16 AM IST, 12 April 2024
Stock Market LIVE Updates: Tokyo shares close higher
11:39 -Tokyo, Apr 12, 2024 (AFP) -Tokyo stocks closed higher on Friday after US tech shares gained, while the yen weakened against the dollar. The benchmark Nikkei 225 index rose 0.21 percent, or 80.92 points, to 39,523.55, while the broader Topix index added 0.46 percent, or 12.68 points, to 2,759.64.
11:29:28 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | Stocks at 52-week high!
Rising against the market mood, IRCTC and Tata Power among top stocks that hit 52-week high today
11:05:50 AM IST, 12 April 2024
Gold Price Today: Yellow metal breaks above Rs 72,000/10 grams mark, silver hits Rs 84,000/kg for first time
Gold prices hit yet another lifetime high in Friday’s opening trade after softer US PPI inflation data lifted sentiments for bullion on the Street. The new peaks were scaled notwithstanding a firmer dollar index (DXY) which has shot up over 105, gaining over 1% in the last five trading sessions.
11:05:03 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Brokerage firm JM Financial maintains a buy recommendation on Zomato and raises price target to Rs 260 from the earlier target of Rs 200 on account of the company’s quick commerce business, Blinkit’s exponential growth.
10:31:56 AM IST, 12 April 2024
Sensex Today | Stock Market View: Prashanth Tapse, Mehta Equities on Bharti Hexacom post listing
On valuation at Cmp Rs 821 it is matching the listed peers and even trading on premium to its parent. Hence, considering all the parameters we recommend allotted investors to “HOLD” the Bharti Hexacom Ltd for Long term perspective only while those investors who wish to add on the listing days can wait and watch the space post listing performance and accumulate on dips.
10:24:21 AM IST, 12 April 2024
Top 10 stocks to buy before Sensex grows from 75,000 to 1 lakh
Having compounded at a healthy CAGR of 15.85% since inception in 1949, Sensex scaled the 75,000 peak this week with bulls predicting that the 1 lakh milestone will come within the next five years. Market guru Raamdeo Agrawal has even predicted that the headline index should touch 1.5 lakh by 2029.
10:17:12 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | Manorama Industries begins the commissioning of its new fractionation plant; stock jumps 6%
10:03:56 AM IST, 12 April 2024
Break of key levels in Treasuries prompts selloff in Indian bonds
The yield on the benchmark Indian 10-year was at 7.1749%, as of 10 a.m. IST, after closing at 7.1112% on Wednesday. The yield hit 7.1809%, highest since Jan. 29 earlier on Friday, while the bond markets were shut on Thursday.
10:11:36 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | Bharti Hexacom shares list at a premium of 32%
BSE – Rs 755.2 (Up – Rs 185.2 or 32.5%)
NSE – Rs 755 (Us – Rs 185 or 32.5%)
09:45:55 AM IST, 12 April 2024
Sensex Today | Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
The hotter-than-expected US inflation has spiked the US bond yields. This is negative for FPI inflows but is unlikely to impact the Indian market which is resilient, and the rally is driven mainly by domestic liquidity. Dips are likely to get bought imparting strength to the market. Therefore, investors may use the dips to buy high quality largecaps where the margin of safety is high.
09:43:53 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | Metropolis Healthcare shares rose nearly 8% after the company said it saw a 10% year-on-year revenue growth in the March quarter.
09:33:56 AM IST, 12 April 2024
Stock Market LIVE Updates | Computer Age Management Services (CAMS) shares jumped over 5% in early trade after the Reserve Bank of India (RBI) granted authorisation to the company to operate as an online payment aggregator.
09:23:52 AM IST, 12 April 2024
Stock Market LIVE Updates | Vodafone Idea: Approved floor price for FPO at Rs 10/share
09:23:12 AM IST, 12 April 2024
Rupee falls 5 paise to 83.36 against US dollar in early trade.
09:22:42 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates | BEL, Vedanta among top movers in opening trade
09:18:46 AM IST, 12 April 2024
Opening Bell: Sensex falls 250 points, Nifty below 22,700; CAMS surges 4%, Sun Pharma sheds 2%
09:08:02 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex dips 150 points; Nifty below 22,720
09:04:33 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Vodafone Idea FPO to open on April 18
Cash-strapped Vodafone Idea’s board on Friday approved a resolution for a public offering of its equity shares worth Rs 18,000 crore. A company filing said that the follow-on public offer (FPO) will open on April 18, Thursday and close on April 22, Monday. The anchor investor bid will open on April 16.
09:03:35 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | AXIS CAPITAL ON METALS
- Hindalco is the top pick
- Downgrade Tata Steel to Sell from reduce
- Reiterate Sell/ Reduce on JSW Steel, JSPL and SAIL
- Prefer non-ferrous over ferrous
09:03:11 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | INVESTEC ON INDIGO
- Downgrade rating from Buy to Hold
- Target price raised from Rs 3,500 to Rs 4,050
- Foresee a notable slowdown in earnings growth in FY25
- Expect earnings to broadly remain flat in FY25 versus FY24
- See a decrease in capacity expansions and a rise in operating costs
- Sharp spike in Brent price could pose downside risk
08:44:26 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | AXIS CAPITAL ON INDIGO
- Downgrade to ADD from BUY
- 22% absolute performance in the last month leaves limited upside
- Raise our target price to Rs 4,100 (from Rs 3,710)
- Stock price run-up discounts quite a few recent positives
08:43:55 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | JMFL ON BHARTI HEXACOM
- Mid-cap pure-play on structural wireless ARPU growth story
- 10% ARPU CAGR via tariff hikes & Bharti Airtel’s
- Presence in high growth potential markets as Rajasthan/NE circle
- FY24-30 EBITDA CAGR seen at 15%
- Relatively lower capex – higher ROCE business vs. Bharti; likely to become net-cash by FY29
- Initiate with BUY with target price of Rs 790
08:43:01 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | GOLDMAN SACHS ON CREDITACCESS GRAMEEN
• Initiate at Buy with a target price of Rs 1,788/share, and an implied upside of 25%
• Riding the up-cycle well; diversification to improve visibility
• Forecast a healthy 21% PAT CAGR over FY24-FY26E on strong lending CAGR of 24%
• Stock currently trades at 2.7x P/B and 12x P/E FY25E which is at a discount of ~27% to NBFCs within our coverage on P/E
08:42:09 AM IST, 12 April 2024
Stock Market View: Pre-opening market comment by Prashanth Tapse, Senior VP (Research), Mehta Equities
In Wednesday’s trading session, Nifty closed at 22669, marking a decline of 135 points from the previous close. Noteworthy was Sensex’s triumph, surpassing the historic 75,000 milestone, with Bank Nifty also hitting a record high at 49057. However, market sentiments were shaken by the US CPI inflation data, questioning the Fed’s rate-cut plans and prompting a bearish outlook on potential rate cuts for 2024. Despite this, hopes for robust Q4 corporate earnings and a pre-election rally remain positive catalysts, as reflected in net buying by both FIIs and DIIs. Nifty’s options data indicates a trading range of 21700-23000, with 23000 emerging as a crucial resistance zone.
08:35:34 AM IST, 12 April 2024
Breakout Stocks: How to trade Vedanta, Petronet LNG and Indigo on Friday?
Vedanta
If it clears and stays above 392, the stock has good prospects of testing its life high of 440 in the medium-term. On the downside, 340-320 are likely to act as good support zones now.
Petronet LNG
It is expected to test the 350 mark very soon, and any dip towards 290 can be used as a buying opportunity with a stop of 280.
IndiGo
In the short term, it is expected to test 4050 -4100 which is a minor technical hurdle. If the stock sustains above 4050-4100, it can touch 5000 levels. On the downside, 3400-3300 is likely to act as a strong support.
08:35:37 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Asian stocks muted, gold at new peak as markets weigh Fed cut timing
Asian equities were in a subdued mood on Friday as investors pondered the path for Federal Reserve interest rate cuts amid a murky U.S. inflation outlook.
08:01:52 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Gold prices hit record highs on safe-haven demand
Gold prices scaled to a record high on Friday as geopolitical tensions continued to boost demand for the safe-haven metal, while strong economic data failed to dampen bullion’s allure.
08:00:50 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Yen crumbles under towering dollar and US Treasury yields
The yen struggled to break away from a 34-year low on Friday and was headed for a weekly decline, while the dollar hovered near a five-month high alongside U.S. Treasury yields as traders heavily scaled back bets for a slew of U.S. rate cuts this year.
07:45:02 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Tokyo stocks open higher, yen weakens again
Tokyo stocks opened higher on Friday after US tech shares gained, while the yen weakened against the dollar. The benchmark Nikkei 225 index was up 0.65 percent, or 257.37 points, at 39,700.00 in early trade, while the broader Topix index added 0.50 percent, or 13.77 points, to 2,760.73.
07:17:31 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Quarterly earnings today
IT services company TCS will kickstart the fourth quarter earnings season
07:24:35 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a muted start
GIFT Nifty on the NSE IX traded lower by 43 points, or 0.19 per cent, at 22,672, signaling that Dalal Street was headed for muted start on Friday.
07:18:10 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Tech View: Nifty forms high wave candle
Nifty on Wednesday formed a high wave type candle on the daily chart as it ended the session 111 points higher.
07:18:14 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: S&P 500, Nasdaq end sharply higher on soft inflation data, eyes on earnings
US stocks closed higher on Thursday, with tech-related momentum stocks leading the charge, as fresh economic data rekindled hopes that inflation remains in a cooling trend. Dow ~flat, S&P up 0.74%, Nasdaq gains 1.68%
07:18:18 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Rupee ends flat against US dollar
The rupee closed flat at 83.31 against the US dollar on Wednesday, as support from a rally in domestic equities was negated by elevated crude prices in the international market and firm US bond yields.
07:56:22 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Oil prices head back up on Middle East jitters
Oil prices rose in early trade on Friday on heightened tensions in the Middle East, where Iran has promised to retaliate for a suspected Israeli air strike on its embassy in Syria, which could risk disruptions to supply from the oil producing region.
07:18:29 AM IST, 12 April 2024
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday
The 30-share BSE benchmark Sensex surged 354 points or 0.47% to settle at 75,038. The broader NSE Nifty gained 111 points or 0.49% to end at 22,754.
