$65,340.80
+2.06%
$3,160.78
+4.96%
$80.03
+3.28%
$30.39
+7.48%
$122.85
+6.4%
$0.00
-2.63%
$26.98
+5.79%
$0.16
+6.97%
$22.01
+6.23%
$0.00
+7.75%

Stock Market Highlights: Nifty support shifts near 21600. What traders should do on


05:50:17 PM IST, 11 January 2024

Jyoti CNC Automation Limited IPO Day 3

  • QIB – 44.13x
  • NII – 36.48x – {(NII 10L+) – 40.70x, (NII 2L-10L) – 28.04x},
  • Retail – 26.17x
  • Employee – 12.47x
  • Total – 38.53x

04:50:29 PM IST, 11 January 2024

Rupee holds near 83/dollar, crucial US inflation data in focus

The Indian rupee ended little changed against the dollar on Thursday, ahead of the key US inflation data that could potentially help investors reassess the outlook for interest rates in the world’s largest economy.

The rupee was at 83.0275 to the dollar compared with 83.0250 in the previous session.

03:50:22 PM IST, 11 January 2024

In anticipation of inflation data from the US, the Indian market exhibited range-bound trade. Though investors anticipate US inflation to ease, global markets, expecting a CY24 interest rate cut, have already priced in optimism. Profit booking occurred amid moderating Q3 corporate earnings and concerns about premium valuations. Selling pressure on IT stocks stemmed from weak earnings estimates.

– Vinod Nair, Head of Research, Geojit Financial Services

03:38:44 PM IST, 11 January 2024

The Bank Nifty index witnessed ongoing struggles between bulls and bears, leading to a volatile trading session. A significant hurdle for the index is identified at 48000, marked by substantial call writing. A decisive breakthrough above this level is anticipated to trigger a sharp short-covering rally. On the downside, the lower-end support remains intact at 46900. A close below this support level may intensify selling pressure in the market.

– Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

03:37:37 PM IST, 11 January 2024

Rupee settles flat at 83.03 (provisional) against US dollar.

03:36:46 PM IST, 11 January 2024

Nifty faced selling pressure within the 21700-21750 range, yet found stability as it held above its 10-day moving average, concluding the session with a positive close. Presently, Nifty’s immediate support has shifted to 21600, while 21730 serves as a resistance level on the technical chart. The broader positional support for Nifty remains at 21500.

– Kunal Shah, Senior Technical & Derivative Analyst, LKP Securities

03:34:54 PM IST, 11 January 2024

Top gainers & losers in closing trade

03:33:48 PM IST, 11 January 2024

Closing Bell: Sensex gains for 3rd day, ends 63 pts higher; Nifty above 21,650; Easy Trip surges 17%, RIL 3%

03:06:28 PM IST, 11 January 2024

HSBC bought back 3 million shares for HK$189.1 million on Jan 10

02:25:49 PM IST, 11 January 2024

Stock Market LIVE Updates: HDFC AMC Q3 RESULTS

  • PAT at Rs 488 crore
  • Revenue AT Rs 671 crore

02:13:18 PM IST, 11 January 2024

IPO WATCH | Australian Premium Solar IPO booked 11 times within hours of opening on Day 1

The SME IPO of Australian Premium Solar India opened for subscription on Thursday. The issue, which closes on January 15, is getting solid response from investors with the overall subscription at nearly 12 times within hours of opening.

  • The IPO opened on January 11 and will close on January 15
  • The company is offering its shares at Rs 51-54 apiece, and investors can bid for 2,000 shares in one lot.
  • The IPO is entirely a fresh equity issue of up to 52 lakh equity shares, aggregating to Rs 28.08 crore
  • The company’s shares are trading with a premium of Rs 30 in the unlisted market

01:15:52 PM IST, 11 January 2024

Stock Market LIVE Updates | What is good for another market need not be good for us: RBI Guv Das on crypto regulations

Reserve Bank Governor Shaktikanta Das on Thursday said the central bank will not emulate others on crypto currency regulations and asserted that “what is good for another market need not be good for us”.His remarks come against the backdrop of the US Securities and Exchange Commission approving changes to allow the creation of bitcoin exchange-traded funds in the US.”What is good for another market need not be good for us. Therefore our views — both that of the Reserve Bank and personally that of mine — remain the same,” Das said on crypto currency regulations.

12:41:38 PM IST, 11 January 2024

Sensex Today | Stock Market LIVE Updates: Ok Play India to consider sub-division/ split of existing equity shares

12:38:48 PM IST, 11 January 2024

Stock Market LIVE Updates | Vedanta: Cairn Oil has submitted field development plan for gas block

12:48:50 PM IST, 11 January 2024

Stock Market LIVE Updates | Mahindra and Mahindra completes execution of agreements where IJF agreed to invest Rs 400 crore in Mahindra Last Mile Mobility Ltd (MLMML)

  • Completed execution of agreements where IJF has agreed to invest Rs 400 crore in MLMML
  • NIIF’s India-Japan fund to invest Rs 400 crore in Mahindra last mile mobility
  • investment at a valuation of up to Rs 6600 crore

12:13:35 PM IST, 11 January 2024

Sensex Today | Stock Market LIVE Updates: Unichem Labs gets ANDA approval from USFDA for Doxazosin tablets

12:10:53 PM IST, 11 January 2024

Stock Market LIVE Updates | Sensex Heatmap: Top gainers & losers at this hour

12:00:09 PM IST, 11 January 2024

Stock Market LIVE Updates: Tokyo’s Nikkei closes above 35,000 for first time since 1990

Tokyo’s Nikkei index closed above 35,000 for the first time in nearly 34 years on Thursday, buoyed by US tech rallies and hopes for an end to decades of sluggish inflation.The benchmark Nikkei 225 index rose 1.77 percent, or 608.14 points, to 35,049.86 — the first time the index has risen above the 35,000 mark since February 1990 — while the broader Topix index added 1.57 percent, or 38.39 points to 2,482.87.

11:55:39 AM IST, 11 January 2024

Commodity View | Colin Shah, MD, Kama Jewelry on ‘gold outlook for 2024’

Gold prices have been on an upward trajectory during 2023 and this momentum is expected to continue in 2024. Internationally, the volatility of the yellow metal prices will continue and will be triggered by various factors including the on-going geo-political scenario, strengthening of USD against INR and a pessimistic approach towards the growth of global economy.

Domestically, the demand for the yellow metal is expected to outgrow and is expected to touch the 70k mark on a domestic level. This rally will be driven by robust demand in the domestic market owing to the rising income levels and the inclination towards yellow metal. On the global level, we expect the prices to hover in the range of USD 1850-2050. Irrespective of the price movement, the consumer demand will continue to grow during the year backed by strengthened purchasing power, and the change in perspective towards gold as lifestyle statement, thus driving sales across along all ticket-sizes.

11:51:31 AM IST, 11 January 2024

Sensex Today | Stock Market LIVE Updates: RIL M-CAP CROSSES RS 18 LAKH CRORE

11:45:52 AM IST, 11 January 2024

Bitcoin above $46,300 after US SEC approves spot ETFs; Ethereum jumps 10%

The crypto market was trading over 3% higher on Thursday following the US SEC’s approval of 11 spot Bitcoin ETFs.The US Securities and Exchange Commission approved 11 applications, including from BlackRock, Ark Investments/21Shares, Fidelity, Invesco and VanEck, among others, according to a notice on its website. Some products are expected to begin trading as early as Thursday, kicking off a fierce competition for market share.

11:28:19 AM IST, 11 January 2024

Sensex Today | Stock Market LIVE Updates: Senco Gold shares jump 15% on Q3 updates. Rally turns stock into a multibagger

Shares of Senco Gold surged 15% to hit their 52-week high of Rs 850 on Thursday following the company’s December quarter updates where Senco posted its highest-ever Q3 revenue growth at 24% year-on-year. With today’s rally, the stock is now a multibagger.

The stock was listed on the exchanges on July 14, 2023 and it closed at Rs…



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