Sock Market Live Updates: As of 2 PM, the Indian stock market is witnessing a strong rally, with all sectoral indices trading in the green. The Nifty 50 is up 319.05 points (1.37%), trading at 23,669.45, while the Sensex has surged 1,084.84 points (1.41%) to reach 77,990.34.
Among the top gainers, Kotak Mahindra Bank, along with key defense stocks, is showing significant momentum. Hindustan Aeronautics Ltd (HAL) and Mazagon Dock Shipbuilders are leading the rally in the defense sector.
Earlier, Sensex and Nifty started Monday's session on a strong note after GIFT Nifty hinted as positive start of the benchmark indices today. Nifty 50 opened above 22,500 points, whereas BSE Sensex jumped 500 points after the opening session.
Meanwhile, most of the smallcap and midcap stocks were trading in green. Additionally, Power Mech Projects shares opened 6% higher after the company secured a Rs 579 crore contract from Bharat Heavy Electricals Limited (BHEL).
GIFT Nifty's positive start has hinted of a strong session of the Indian stock market on Monday. Last week's stock market rally has raised hopes of sustained momentum of benchmark indices today. BSE benchmark and Nifty surged in the last five trading sessions and recorded their biggest-ever weekly gains in the last four years.
The Nifty 50 closed 165 points or 0.71% higher at 23,356 and Sensex jumped 557.45 points or 0.73% to close at 76,905.51 points.
FII turned net buyers
Stock market performance improved amid eased pressure from foreign portfolio investors. FII or FPI turned net buyers for the second straight day on Friday. FIIs bought equities worth Rs 7,470.4 crore, the highest buying from the FPIs this year. Whereas, domestic institutional investors remained net sellers of of Indian equities for the second consecutive day. DIIs sold equities worth Rs 3,202.3 crore.
Indian Rupee rally
Rupee strengthened for the ninth consecutive session on Monday. The Indian Rupee opened 4 paise higher at 85.94 against US dollar. The surge came days after the domestic currency closed at 85.98 on Friday, reported Bloomberg. The Indian Rupee is regaining strength as it continues its best winning streak since January. So far in March, the currency value as increased by 1.83 per cent.
Indian rupee strengthened 0.38% and increased to 85.9950 against US dollar on Friday March 21. The INR closed at 86.37 on Thursday. Domestic currency gained for eight straight sessions and witnessed its best weekly performance since January 2023. In March, the Indian Rupee has increased by 1.78% in March so far. Despite its monthly gain, the currency has declined over 2.8 per cent so far.
US stock market closed on higher note
Stock market indices, S&P 500 added 0.80 per cent to close at 5,667.56, the Nasdaq Composite ended 0.52% higher at 17,784.05. Additionally, the Dow Jones Industrial Average increased by 32.03 points, or 0.08 per cent, to end at 41,985.35.
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Mar 24, 2025, 3:01 pm IST
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Mar 24, 2025, 2:08 pm IST
Gold Rate in India Today
On March 24th, the 24-carat gold prices in India declined by Rs. 160 per 10 grams to cost Rs. 89,620. While the 22-carat gold price today stands at Rs. 82,150 per 10 grams after a fall of Rs. 150. Meanwhile, the 18-carat gold slipped by Rs. 120 to retail at Rs. 67,220 per 10 grams.
Saboo Sodium Chloro Limited Acquires Prime Resort Land in Jawai, Rajasthan; Announces 120 Room Luxury 5 Star Resort Project
Saboo Sodium Chloro Limited (SSCL, the “Company”) is pleased to announce the acquisition of approximately 40,000 Square Meters of land in Jawai, Rajasthan – a leading wildlife tourism destination, renowned for leopard conservation. The acquired parcel is adjacent to Aaramgah Jawai Resort & Spa, a member of Radisson Individuals Retreats. The cost of land acquisition was approximately ₹3.5Cr, and the same was financed via the Company’s internal accruals and balances
Mar 24, 2025, 1:58 pm IST
Tilaknagar Industries to add Amara Artisanal Pink Vodka to distribution portfolio
Leading India Made Foreign Liquor (IMFL) maker Tilaknagar Industries (TI) (BSE: 507205) (NSE: TI) will undertake the distribution of AMARA Artisanal Pink Vodka, an innovative spirit being launched by Spaceman Spirits Lab Pvt Ltd (Spaceman), the makers of SAMSARA Gin. The distribution by TI will be in the form of a royalty arrangement with Spaceman for distribution of Spaceman brands in certain states in India and abroad. The addition of AMARA to TI’s distribution portfolio will further enrich the TI product bouquet that includes homegrown premium brands such as Monarch Legacy Edition Brandy, Mansion House Flandy and Courrier Napoleon Brandy. Spaceman brands, namely, SAMSARA Gin, SITARA Rum and AMARA Vodka will start leveraging TI’s robust distribution network under the royalty arrangement from Q1 FY26. This collaboration will bolster sales of Spaceman’s premium craft spirits across markets in India and abroad, as well as expand TI’s luxury and super-premium portfolio which will now straddle across Brandy, Gin, Rum and Vodka, contributing additional business for TI.
Mar 24, 2025, 12:01 pm IST
Stock Market Live Updates: Rupee Nears Its Highest Value Since January 9
The rupee traded near its highest level since January 9, rising by 12 paise to 85.86 against the US dollar in early trading on Monday (March 24). This marks a two-and-a-half-month high, with the currency inching closer to its strongest position in over two months. The appreciation is largely attributed to robust domestic inflows, which have bolstered the rupee’s performance against the dollar. As the rupee continues to show strength, analysts believe that sustained inflows could help maintain its positive trajectory, offering some stability in the currency market.
Mar 24, 2025, 10:39 am IST
Titan Shares Fall 3% As Ambit Cautions On Slower Q4 Growth
Shares of Titan Company Ltd., a Tata Group firm, declined by up to 3% on Monday, March 24. The current stock price is Rs. 3093.10, down by 70.50 points (-2.23%). This decline is due to a warning from brokerage firm Ambit, which stated that Titan's Q4 growth momentum may moderate.
According to CNBC-TV18 report, during the Q3FY25 earnings call, management noted a strong start to Q4 but highlighted a slowdown in momentum after the first three weeks of January, attributed to a sharp increase in gold prices.
The near-term revenue pressures and uncertainty around margin recovery make Titan’s 50-times FY27E P/E (price-to-earnings) valuation appear expensive, according to the brokerage's note.
Mar 24, 2025, 10:24 am IST
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Mar 24, 2025, 10:22 am IST
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Mar 24, 2025, 10:02 am IST
Stock Market Today Live Updates: Apollo shares opened weak after AHL's acquisition
Stock Market Today Live Updates: Apollo shares opened on a weak note on Monday after the hospital chain approved acquisition of 11.2% of Keimed's issue. The company share was trading 0.89% higher at 6680.45 per share on BSE on Monday at 10 am. The acquisition will take place for Rs 625.43 crore.
Mar 24, 2025, 9:57 am IST
Stock Market Today Live: Nifty Bank Increases 1.4% to Cross 51,000 mark
Stock Market Today Live: Nifty Bank, continuing its rally has crossed 51,000 mark on Monday as the benchmark indices continued their strong performance during the existing trading session. The indices is performing well due to the strong rally in shares of Canara Bank, PNB, Kotak Mahindra Bank, Federal Bank, etc
Mar 24, 2025, 9:48 am IST
Stock Market Today LIVE: Indian Rupee Maintains Momentum, Strengthens For Ninth Consecutive Session
Stock Market Today Live Updates: Rupee strengthened for the ninth consecutive session on Monday. The Indian Rupee opened 4 paise higher at 85.94 against US dollar. The surge came days after the domestic currency closed at 85.98 on Friday, reported Bloomberg. The Indian Rupee is regaining strength as it continues its best winning streak since January. So far in March, the currency value as increased by 1.83 per cent.
Stock Market Today Live: Stock Market Today Live: GAIL Stock Price increased by 5% during Monday's early trade session on Monday. The company shares were trading higher at Rs 182.65 per share on BSE. The stock surge has come days after developments with regards to the Petroleum and Natural Gas Board (PNGRB).
Mar 24, 2025, 9:28 am IST
Stock Market Today Live: Nifty opens above 22500
Nifty and Sensex started the trading session on a strong note on Monday. Nifty 50 opened above 22,500 today
Mar 24, 2025, 9:11 am IST
Stock Market Today LIVE Updates: Sensex above 300 points during the pre-opening session
Stock Market Today: Stock market set to make a good start as the BSE Sensex was up over 300 points, above 77,200 in the pre-opening session.
Mar 24, 2025, 8:55 am IST
Stock Market Today LIVE Updates: How will Bank Nifty perform today?
Stock Market Today LIVE Updates: According to experts, Bank Nifty surged over the last five trading sessions due to strong performance of several major banking sector stocks. A breakout above 50,800 in the banking index could drive further gains toward the 51,700-52,800 range, while 49,900 remains a crucial support level.
Mar 24, 2025, 8:39 am IST
Stock Market Today Live Updates: US stock markets ends the week on bullish note
Stock Market Today Live Updates: United States' Wall Street closed on a higher note on Friday after US President Donald Trump indicated at some flexibility related to tariffs, set to kick in from April 2. Stock market indices, S&P 500 added 0.80 per cent to close at 5,667.56, the Nasdaq Composite ended 0.52% higher at 17,784.05. Additionally, the Dow Jones Industrial Average increased by 32.03 points, or 0.08 per cent, to end at 41,985.35.
Mar 24, 2025, 8:34 am IST
Stock Market Today Live Updates: FII activity, expiry of March derivatives contracts in focus today
Stock Market Today Live: After a week of strong performance by Indian benchmark indices, investors will be keenly watching the expiry of remaining March derivatives contracts and FII activity. On the weekly front, the global markets will be closely watched. Additionally, stock market investors will also focus on the US market movement.
Mar 24, 2025, 8:29 am IST
Stock Market Today Live Updates: Welcome to our live coverage of Dalal Street updates
Stock Market Today LIVE: With less than an hour left for the starting of the Indian stock market, here are all the updates about Nifty Sensex you must know before the beginning of today's trading session.