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Aug 25, 2023 3:57 PM

Market This Week | Nifty 50 Slides For Fifth-Straight Week

- Market slips for fifth-straight week for the first time since May 2022

- Midcaps outperform benchmarks with the midcap index posting gains of 2 percent this week

- Pharma and PSU bank fall The most anmong sectoral indices, down 2 percent each

- 25 Nifty stocks record gains while 25 post losses, RIL, Adani Ports & Adani Enterprises are the top losers

- Bajaj Finance, Axis Bank, Bajaj Finserv & Asian Paints are the top Nifty 50 gainers

- Manappuram, Union Bank, Syngene, Ambuja are the top midcap losers

- GMR Airports, Vodafone Idea, Firstsource, Sun TV are the top midcap gainers

Aug 25, 2023 3:47 PM

Dollar To INR | Rupee ends at 82.65 Vs USD

Indian currency ended at 82.57 against the greenback on Thursday

Aug 25, 2023 3:43 PM

Market At Close | Nifty 50, Sensex Close In The Red

- Market fails to hold recovery, closes near day's low

- Sensex & Nifty end at nearly two-month lows, 41 Nifty stocks in the red

- IT stocks slip tracking a sharp cut in Nasdaq, Nifty IT down 1 percent

- Sensex falls 366 points to 64,887 & Nifty 121 points to 19,266

- Nifty Bank slips 265 points to 44,231 & Midcap Index 318 points to 38,471

- Bajaj Finserv & Bajaj Finance among top Nifty gainers on positive brokerage note

- Tata Motors falls sharply sharply from highs on reports, with regards to reduction in the EV import tax

- All Adani group stocks close with cuts, down 1-3 percent, Ambuja top loser

- GMR Airports witnesses profit booking, stock closes with a cut of 5 percent

- Vodafone Idea surges 10 percent as the company loses less number of customers in June as compared to May

- Indiabulls Housing makes a repayment of Rs 2,232 crore, which lifts the stock up 9 percent

- Birlasoft closes with a gain of nearly 2 percent on a positive brokerage note

- Escorts Kubota continues its upmove, ends Friday's session at record high, up over 25 percent

- Market breadth favours declines, advance-decline ration 1:2

Aug 25, 2023 3:34 PM

Stock Market Live Updates | Here's What To Expect From The Reliance AGM Next Week

Reliance Industries will host its much-anticipated annual general meeting of shareholders on August 28 and some of the most awaited announcements may come from the conglomerate’s telecom arm Jio.

As the Chairman Mukesh Ambani-led oil-to-telecom conglomerate prepares for its 46th AGM next week, investors are keenly awaiting any announcements on the timeline of the initial public offering (IPO) of the telecom arm, which many brokerages have previously said may not happen this year.

Read more here

Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

Aug 25, 2023 3:25 PM

Share Market Live Updates | This Is Where Nifty 50 Needs To Close At To Prevent Its Fifth-Straight Weekly Loss

Nifty 50 needs to close above the 19,310 level today in order to prevent its fifth straight weekly loss. In case it does report its fifth-straight weekly loss, it would be the index's longest weekly losing streak since April-May last year. At the moment, it is at 19,269.7.

Aug 25, 2023 3:14 PM

Share Market Live Updates | Nifty PSU Bank Index Is The Top Sectoral Loser

The Nifty PSU Bank index is trading 1.3 percent lower, with Punjab Sind Bank, Union Bank and Punjab National Bank as the top losers in the index. All 12 stocks in the index are in the red today. The Nifty PSU Bank index has been in the red for four out of the last five trading sessions.

Aug 25, 2023 3:04 PM

Dr Reddy's Laboratories Share Price Update | Top Nifty 50 Loser

Shares of Dr Reddy's Laboratories are trading in the red for the second day in a row, and are down nearly 2.2 percent today.

The stock has gained 5.5 percent in the past month and 30.7 percent in the past six months.

Aug 25, 2023 2:58 PM

Stock Market Live Updates | Suzlon Energy Extends Gains After A Day's Lapse

The stock touched its 52-week high on Thursday, but failed to hold on to gains and ended lower.

Aug 25, 2023 2:53 PM

Stock Market Live Updates | Aurobindo Pharma In The Red

Aug 25, 2023 2:49 PM

Suzlon Energy Share Price Update | Company Bags 201.6 MW Order From O2 Power

Suzlon Energy will be supplying 64 of its largest 3 mega watt (MW) turbines to O2 Power. The company's shares are trading near its 52-week high of Rs 22.85, which it hit yesterday. The stock is up 3 percent today and has been in the green for five out of the last six trading sessions.

The stock has gained 23.6 percent in the past month and 175.3 percent in the past six months.

Aug 25, 2023 2:48 PM

Tata Motors Share Price Update | Stock Falls 2.4% From Day's Low​

Aug 25, 2023 2:39 PM

Stock Market Live Updates | Top Stocks To Buy/Sell

These are a few recommendations by Pritesh Mehta of Yes Securities

- Buy Mphasis - Expect 20 to 25 percent rally on the upside in this counter

- Sell JSW Steel with a target of Rs 690 a share

Aug 25, 2023 2:38 PM

Share Market Live Updates | Nifty 50 Below 19,300 Mark, Sensex Nearly 400 Points Down

We are entering the final 60 minutes of this topsy turvy session and the benchmark indices are back towards the lowest point of the day. The Nifty 50 is below the 19,310 mark it needs to close above in order to prevent a weekly loss. The Nifty Bank though appears safe and will most likely snap a four-week losing streak.

Aug 25, 2023 2:35 PM

Tata Motors Share Price Update | Stock Drops On Reports of New EV Policy

Reuters has reported that India is working on a new Electric Vehicle policy that would slash import taxes for automakers that commit to some local manufacturing.

This comes after a proposal from EV-giant Tesla, which is considering entering the domestic market.

A stock that has not taken this development well is Tata Motors.

Shares are down 2 percent and have dropped below the Rs 600 mark for the first time in nearly two months.

Aug 25, 2023 2:32 PM

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