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Oct 11, 2023 3:57 PM
Stock Market LIVE Updates | LKP Securities' Kunal Shah On Nifty Bank
"The index experienced a consolidation phase on the day of expiry, with support evident at 44,400 and resistance at 44,700 levels. The overall undertone of the index remains bullish, suggesting that a "buy on dip" approach is appropriate. If the index manages to break above the 44,700 level, it is likely to see further upside potential toward the 45,000 mark," says Kunal Shah, Senior Technical & Derivative analyst at LKP Securities.
Oct 11, 2023 3:49 PM
Stock Market LIVE Updates | Geojit's Vinod Nair On Market
"The total market breadth was strong, as investors believe that the Middle East skirmish will be contained within the region and should not impact the crude price. Amid dovish comments from the US federal reserve, the US 10-year bond yield traded lower. Sequentially, the September India CPI is expected to cool due to ease in food and fuel inflation. And Q2 earning season will kick-start with the IT sector, which has a moderate expectation, however the broad corporates are expected to provide a bumper result," says Vinod Nair, Head of Research at Geojit Financial Services.
Oct 11, 2023 3:45 PM
Market At Close | Sensex, Nifty 50 Build On To Tuesday’s Gains To Close At 3-Week High
- Reliance, HDFC Bank and FMCG Majors (HUL and ITC) lift Nifty.
- IT stocks erase gains as investors turn cautious going into earnings.
- HCLTech, TCS, Coforge, L&T Tech are top losers in IT space.
- Bank of Baroda falls more than 3% follwing RBI’s order w.r.t its app.
- ICICI Prudential extends losing streak as company reports weak update for second straight month.
- Vodafone Idea rises up to 9% and Indus Towers 3% with healthy volumes.
- Cement stocks move higher on price hike reports, Ramco Cement top gainer.
- MCX surges to record high with company going live on new platform from October 16.
- USL gains more than 2% after reports suggest a vist by UK PM to India for FTA talks.
- Adani Group in focus on reports with respect to SEBI probe, Adani Ports and Adani Enterprises 2% off highs.
- Hero Moto surges 4% as CLSA upgrades the stock to buy, target raised to Rs 3,701.
- Escorts hits record high as reports suggest company may sell rail business to a German company.
- Market breadth favours advances, advance-decline ratio at 2:1.
Oct 11, 2023 3:34 PM
Stock Market LIVE Updates | UGRO's AUM Jumps 73% Year-On-Year, Collection Efficiency Improves
One of the standout achievements for UGRO Capital in Q2FY24 is the remarkable increase in disbursals. The company reported a substantial 51.2% year-on-year growth and an equally impressive 22.8% quarter-on-quarter rise in disbursals.
Read more here
Oct 11, 2023 3:25 PM
Stock Market LIVE Updates | NCLAT Adjourns Hearing In Zee Entertainment-IDBI Case To Novemeber 8
Oct 11, 2023 3:12 PM
Stock Market LIVE Updates | Tyre Stocks Trade In The Green, JK Tyre Zooms 7.6%
JK Tyre rallied after a ‘buy’ call initiated by domestic brokerage firm Emkay Global on Wednesday. Emkay gave target price of Rs 415 on JK Tyre, hinting at a 55% potential upside over its Monday’s closing level of Rs 266.80.
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Oct 11, 2023 2:59 PM
Stock Market LIVE Updates | Expect Muted Volume Growth For FMCGs, But Margins Could Expand, Say Analysts
Check out FMCG Q2 preview
Oct 11, 2023 2:46 PM
Stock Market Live Updates | Technical Picks From Angel One's Sameet Chavan
- Buy Ramco Cement with a stop loss of Rs 968 and target of Rs 1,040
- Sell Canara Bank with a stop loss of Rs 374 and target of Rs 360
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Oct 11, 2023 2:18 PM
Stock Market Live Updates | Nifty Bank Off Day's High
- Index cools off 300 points from day's high
- Falls below the 44,500 mark
- SBI, Bank of Baroda contributing to pressure on the Nifty Bank
- IndusInd, Federal, Bandhan Bank among other losers on the inex
- Bank of Baroda is the top loser on the Nifty Bank, down 3.3%
Oct 11, 2023 2:15 PM
Alembic Pharma Share Price | Stock Among Top Pharma Gainers
- Trading with gains of 4%
- Makes intraday high of Rs 805
- Trading near 52-week high of Rs 826.75
- Shares have risen 41% so far in 2023
- Stock had snapped a four-day losing streak on Tuesday
- Today's volumes are at par with its 20-Day Average
Oct 11, 2023 2:10 PM
Stock Market LIVE Updates | Financials Are Leading The Nifty 50 Higher
The financial stocks are contributing 25.4 points towards the index upside.
FMCG shares are contributing 20.3 points, while oil & gas are contributing 19.9 points.
Oct 11, 2023 1:54 PM
Stock Market LIVE Updates | Jefferies Sees 23% Upside In Sunteck Realty
Jefferies has also raised the target price to Rs 555 from Rs 415 a share earlier. The new target price implies an upside of 23 percent from Tuesday's closing levels.
Read more here
Oct 11, 2023 1:39 PM
Stock Market LIVE Updates | Hero MotoCorp At Day's High
Oct 11, 2023 1:23 PM
Global Markets Update | European indices in the red as investors eye US inflation data
The British FTSE was last trading marginally lower. French CAC was trading 0.75% in the red. The biggest European market by volume, German DAX was too trading 0.18% lower.
Oct 11, 2023 1:10 PM
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