Dec 04, 2024, 3:35 pm IST
Market Ends With Mild Gains
Indian equity markets extended their winning streak for the fourth consecutive session on December 4, driven by robust performance in banking and realty stocks.
The Nifty closed above 24,450, while the Sensex gained 100 points. Leading the gains on the Nifty were HDFC Life, HDFC Bank, Apollo Hospitals, NTPC, and Bajaj Finserv, while Bharti Airtel, Cipla, Bajaj Auto, Tata Motors, and Adani Ports emerged as the top losers.
Dec 04, 2024, 1:25 pm IST
Cyient Share Price Drops
This IT stock dipped by 1.3% despite signing a MoU with Arcedo Systems for establishing 500 kWp solar power plant at Mysore facility.
Dec 04, 2024, 12:50 pm IST
Swiggy Share Price
Swiggy's stock continued its upward trajectory, rising 3% to Rs 517 in early trade today, buoyed by the announcement of its Q2 FY25 results. This rally follows a 1.7% gain yesterday, with the stock closing at Rs 502 ahead of the eagerly anticipated earnings report.
Dec 04, 2024, 12:12 pm IST
Stock Market Live Updates: BSE Auto Index Drags Sensex
BSE Auto index dipped by more than 506 points or 1.2% to trade at 53,207.04. The index hit an intraday low of 53,110.83. Stocks like Bajaj Auto, Tata Motors, Motherson Sumi, Eicher Motors, Ashok Leyland, TVS Motor, Hero MotoCorp, and Maruti Suzuki nosedived by 1-2.5%. These stocks are heavyweights of the sector.
Dec 04, 2024, 11:54 am IST
Market Live Updates: HDFC Twin Stocks
On Nifty 50, both HDFC Life Insurance and HDFC Bank emerged as top bulls with gains of around 2% each. Huge volumes were recorded in the two stocks.
Dec 04, 2024, 11:13 am IST
Market Live Updates: BDL Vs HAL Vs BEL Shares Today
Defence PSU stocks witnessed a major rally on Wednesday, December 4, 2024, after the Defence Acquisition Council (DAC) approved 05 capital acquisition proposals worth Rs 21,772 crore to augment defence preparedness. Giants like Bharat Electronics and Hindustan Aeronautics surged by around 1% each. However, BDL share price gained as much as 6%, emerging as top performer in the sector and outperforming both BEL and HAL.
Dec 04, 2024, 10:32 am IST
PSU Banks On Winning Streak For 2nd Day In Row
PSU Banks equity shares continued their winning streak for second consecutive session. Shares of Bank of Maharashtra, Indian Overseas Bank, UCO Bank, and Central Bank of India surged by 2-8%.
Dec 04, 2024, 9:56 am IST
L&T Technology Services Secures USD 50 Million Deal as a Strategic Partner from a global Network Provider
L&T Technology Services Limited, a global leader in engineering and technology services, announced its selection by a leading global network solutions firm to provide Product Integration Services in North America, ensuring seamless deployment and support for customers across the region. The multi-year agreement, estimated at USD 50 million, will enable the company to provide comprehensive support for the client’s advanced networking solutions, ensuring seamless integration and success for customers across the region. LTTS will leverage its capabilities in AI and automation frameworks for the project deployment and execution. The partnership combines LTTS’ deep expertise in engineering and R&D services with the client’s cutting-edge wireless networking solutions. Additionally, the companies aim to offer secure LTE and 5G private networks across industries, unlocking new opportunities and enabling future-ready operations. The partnership will address current market demands while positioning itself for upcoming 5G advancements under 3GPP standards.
Dec 04, 2024, 9:51 am IST
Revolt Motors Records Remarkable Sales Surge
Revolt Motors has reported an impressive 197% year-on-year growth in vehicle sales and 109% month-on-month (MoM) increase with 1,994 units sold in November 2024, compared to 671 units in November 2023 and 952 units in October 2024. This performance comes amidst a market environment, where the electric two-wheeler (E2W) industry witnessed an average sales decline of 18-20% during the same period, as per Govt. of India’s Vahan Portal data. This surge in sales is largely attributed to the launch of the all-new RV1 and RV1+, affordable and commuter-friendly electric motorcycles tailored for the Indian market. The bikes have received overwhelming consumer interest, with robust pre-orders translating into strong sales figures. These models combine cutting-edge technology with affordability, offering riders a reliable and sustainable alternative to traditional ICE-powered vehicles.
Dec 04, 2024, 9:31 am IST
Sensex and Nifty Today
The BSE Sensex saw a modest increase of 57.24 points, or 0.07%, reaching 81,036.22. Meanwhile, the Nifty 50 index rose by 18.70 points, or 0.08%, settling at 24,488.75.
Dec 04, 2024, 9:15 am IST
Indian Rupee Opens Steady at 84.67
The Indian rupee opened little changed at 84.67 per dollar on Wednesday, compared to the previous day's closing of 84.69.
Dec 04, 2024, 9:09 am IST
LTIMindtree Announces Partnership and Strategic Investment in Voicing.AI
LTIMindtree USA Inc., a wholly owned subsidiary of LTIMindtree, a global technology consul ng and digital solutions company, announced a partnership, including a strategic investment in Voicing.AI, a next-genera on start-up. This partnership aligns with LTIMindtree’s strategy, AI in everything, Everything for AI and AI for Everyone. Voicing.AI’s proprietary technology brings human-like voice capability across more than 20 languages with conversational, contextual, and emotional intelligence, in what is typically referred to as ‘agen c AI’. LTIMindtree aims to reshape the future of Business Processes by leveraging AI-led platforms. This will enable their clients to optimize costs, reduce risk, enhance user experience, address revenue leakages, and enhance upsell opportunities. LTIMindtree will help clients integrate Voicing.AI with their custom tools, knowledge bases - both structured or unstructured, CRM systems, and leading call management platorms and systems. This Agen c AI technology is fully compliant with SOC2, HIPAA, and mul-layered data security protocols.
Dec 04, 2024, 9:02 am IST
US stock Indices Hit Record Highs
On Tuesday, the S&P 500 and Nasdaq reached new record closing levels, driven by continued strength in tech stocks, as investors looked ahead to the U.S. monthly employment report due Friday.
The Nasdaq Composite rose 76.96 points or 0.40% to close at 19,480.91, while the S&P 500 added 2.73 points or 0.05% to end at 6,049.88. In contrast, the Dow Jones Industrial Average slipped 76.47 points or 0.17%to settle at 44,705.53.
Dec 04, 2024, 8:54 am IST
Mixed Sentiment in Asian Market
Asian markets faced mixed fortunes on Wednesday. The Shanghai Composite edged up slightly by 0.03%, and Hong Kong's Hang Seng Index gained 0.3%. However, Japan's Nikkei fell by 0.44%, while South Korea's Kospi dropped sharply by 2.04%.
The Kospi's 2.6% decline pushed its year-to-date losses to over 7%, marking it as the worst-performing major stock market in Asia this year as per Reuters . Meanwhile, Australia's S&P/ASX 200 slipped by 0.55%, adding to the region's cautious sentiment.
Dec 04, 2024, 8:44 am IST
Market Recap In the Previous Close
Yesterday, equity indices extended their rally for the third consecutive day. At the close, the BSE Sensex surged 597.67 points (0.74%) to settle at 80,845.75, while the Nifty 50 gained 181.10 points (0.75%) to end at 24,457.15.
Sectorally, all indices, except FMCG, closed in the green. The PSU Bank index led the gains with a 2.6% rise, followed by a 2% increase in the Media index. Bank Nifty climbed 1.13%, while the FMCG index slipped 0.4%. Both midcap and smallcap indices also registered gains.
Dec 04, 2024, 8:44 am IST
Welcome to the Stock Market Live Blog
Good morning, and welcome right here in our live blog! As Sensex and Nifty set the pace today, we’re here to guide you through every market move.stay with us for real-time updates, insights from the equity market
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