Sensex Today Live | Share Market updates: Indian equity benchmark indices, Sensex and Nifty 50, surged on Wednesday, led by heavyweights. The indices rose 0.4% each to touch new highs. The Indian rupee was nearly flat at 83.56 per US dollar after likely RBI intervention averted a fall to an all-time low.
Globally, investors are cautiously awaiting US CPI data and the US Fed policy outcome, said Siddhartha Khemka, head of retail research at Motilal Oswal Financial Services Ltd. “US Fed commentary could provide direction to the market. So far, investors are baking in one rate cut towards the end of the year, so any deviation from that could drive the market on either side,” Khemka added.
Asian markets traded on a mixed note. The US stock market also ended mixed on Tuesday, with the S&P 500 and Nasdaq hitting record closing highs for the second consecutive day ahead of consumer prices data and a policy announcement from the Federal Reserve.
Back home, all eyes will be on the CPI inflation and factory output data to be released post-market hours today. India’s retail inflation was likely steady at 4.8% in May, compared to 4.83% the previous month, as a sequential rise in food prices was offset by low core inflation, a median estimate of 15 economists polled by Mint showed.
12 Jun 2024, 02:36:34 PM IST
Sensex Today Live: Praj Industry stock extends gains for 5th straight day, soars 6.5% to hit new record high
PRAJ INDUSTRIES
639.2521.90 (3.55%)
Updated – 12 Jun 2024
658.60
DAY HIGH
623.90
DAY LOW
2,24,510.00
VOLUME (BSE)
12 Jun 2024, 02:23:11 PM IST
Sensex Today Live: IEA sees ‘major’ oil supply surplus emerging by 2030: Report
The world is expected to have a “major surplus” of oil by 2030, according to an annual report by the International Energy Agency. This surplus will arise as production increases while the clean energy transition reduces demand. Global demand is projected to “level off” at 106 million barrels per day (bpd) towards the end of this decade, while total supply capacity could reach 114 million bpd. (AFP)
12 Jun 2024, 02:11:16 PM IST
Sensex Today Live: Asian shares mixed ahead of the Federal Reserve’s interest rate decision
Shares were mixed in Asia on Wednesday ahead of the Federal Reserve’s interest rate decision. Tokyo’s Nikkei 225 index lost 0.7%, while Hong Kong’s Hang Seng index dropped 1.3%. The Shanghai Composite index rebounded, gaining 0.3%. Australia’s S&P/ASX 200 shed 0.5%, while Kospi rose 0.8%, and Taiwan gained 1.2%.
12 Jun 2024, 01:55:08 PM IST
Sensex Today Live: BSE Midcap surges 1% led by Max Healthcare, Concor, Trent and Cummins India
12 Jun 2024, 01:44:05 PM IST
Sensex Today Live: First session of 18th Lok Sabha to start from 24 June and conclude on 3 July
The newly formed NDA government may face strong opposition on issues such as the violence in Manipur, unemployment, and inflation, among others, during the special session.
12 Jun 2024, 01:33:28 PM IST
Sensex Today Live: Go First bankruptcy: NCLT grants final 60-day extension on moratorium
The National Company Law Tribunal on Wednesday granted a final 60-day extension to bankrupt Go First airline to complete its corporate insolvency resolution process.
This extension, which lasts until 3 August, comes amid challenges and legal implications stemming from a Delhi high court ruling that deregistered all leased aircraft held by the airline.T
12 Jun 2024, 01:20:08 PM IST
Sensex Today Live: Mahanagar Gas had a bumper FY24. This year, it may be a bit squeezed
Every year cannot be a bumper one. That, in short, summarises Mahanagar Gas Ltd’s near-term outlook. After a solid year of profitability, the city gas distribution company’s margin is expected to taper this financial year.
12 Jun 2024, 01:07:47 PM IST
Sensex Today Live: Ashok Leyland share price hits fresh high as Sensex climbs to a new peak
ASHOK LEYLAND
239.101.10 (0.46%)
Updated – 12 Jun 2024
241.50
DAY HIGH
237.15
DAY LOW
11,82,036.00
VOLUME (BSE)
12 Jun 2024, 12:54:09 PM IST
Sensex Today Live: India’s April-May steel imports hit five-year high on robust domestic demand: Reuters
India imported 1.1 million metric tonne of finished steel between April and May, up 19.8% from a year earlier, according to provisional government data seen by Reuters.
12 Jun 2024, 12:41:35 PM IST
Sensex Today Live: Alpex Solar share price soars over 500% in four months
Since their debut in February, Alpex Solar shares have returned more than 500% to investors.
12 Jun 2024, 12:29:08 PM IST
Sensex Today Live: The best-performing value stocks through 2030
Equitymaster presents a watchlist of five stocks for 2030 that have strong fundamentals, offer good value, and can potentially outperform the market if bought at the right prices.
12 Jun 2024, 12:17:27 PM IST
Sensex Today Live: Tata Motors share gains as brokerages maintain bullish stance; stock up 7% in one week
TATA MOTORS
990.052.95 (0.30%)
Updated – 12 Jun 2024
1010.00
DAY HIGH
987.10
DAY LOW
12,29,368.00
VOLUME (BSE)
12 Jun 2024, 12:03:25 PM IST
Sensex Today Live: Markets at noon: Nifty at record high as IT, metal and PSU banks stocks shine
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12 Jun 2024, 11:53:33 AM IST
Sensex Today Live: HCL Technologies shares gain over 1% as it signs new pact Deutsche Apotheker- und Ärztebank eG
HCL Technologies has broadened its collaboration with Deutsche Apotheker- und Ärztebank eG (apoBank), Germany’s largest cooperative primary bank. The new agreement is valued at approximately $278 million and spans a period of 7.5 years.
HCL TECHNOLOGIES
1,443.4513.65 (0.95%)
Updated – 12 Jun 2024
1472.00
DAY HIGH
1438.05
DAY LOW
1,75,084.00
VOLUME (BSE)
12 Jun 2024, 11:41:10 AM IST
Sensex Today Live: TDP chief N Chandrababu Naidu sworn in as chief minister of Andhra Pradesh for fourth term
12 Jun 2024, 11:36:41 AM IST
Sensex Today Live: Reliance Power shares up 9%; deliver around 33% return to positional investors in five sessions
In the last five sessions, Reliance Power share price on the NSE has risen from ₹23.50 to ₹31.30 apiece, delivering around 33% return to its positional investors.
RELIANCE POWER
31.532.86 (9.98%)
Updated – 12 Jun 2024
31.53
DAY HIGH
29.58
DAY LOW
1,55,17,764.00
VOLUME (BSE)
12 Jun 2024, 11:23:17 AM IST
Sensex Today Live: Nifty hits record high, gains 0.7%; broad market indices surge led by Nifty Midcap
12 Jun 2024, 11:11:57 AM IST
Sensex Today Live: Markets at 11: Sensex near record high; up 450 points led by HDFC Bank, Reliance, ICICI Bank
12 Jun 2024, 10:56:12 AM IST
Sensex Today Live: Nifty Bank jumps 1%; Bank of Baroda, HDFC Bank, PNB, ICICI Bank, SBI top gainers, rising 1-2%
12 Jun 2024, 10:44:10 AM IST
Sensex Today Live: Heritage Foods shares slips 5% on profit booking, down for third day in a row
Shares of Heritage Foods fell another 5% in today’s trade to ₹627.30 apiece, extending their downward trend for the third consecutive session as investors engaged in profit booking.
HERITAGE FOODS
626.50-32.95 (-5.00%)
Updated – 12 Jun 2024
636.00
DAY HIGH
626.50
DAY LOW
2,84,186.00
VOLUME (BSE)
12 Jun 2024, 10:32:40 AM IST
Sensex Today Live: Sensex soars 500 points led by heavyweights HDFC Bank, ICICI Bank, Reliance
12 Jun 2024, 10:21:33 AM IST
Sensex Today Live: Nifty hits fresh new high at 23,420 led by heavyweights and IT pack
12 Jun 2024, 10:11:09 AM IST
Sensex Today Live: Yes Bank, IDFC First Bank seek to revive corporate lending
Two former large corporate lenders, Yes Bank and IDFC First Bank, are making a comeback to their old business after a gap of almost four years. While both banks target strong corporate loan growth in the coming quarters, they also claim that this is not a shift in strategy.
12 Jun 2024, 10:00:55 AM IST
Sensex Today Live: BL Kashyap and Sons gains 3% as the company secured two significant orders from DLF City and Sattva Homes
BL Kashyap and Sons Ltd has secured two significant orders from DLF City and Sattva Homes, totalling approximately ₹1,021 crores. This brings the company’s order book, excluding GST, to ₹3,545 crore.
B L KASHYAP & SONS
89.97-0.97 (-1.07%)
Updated – 12 Jun 2024
95.00
DAY HIGH
89.00
DAY LOW
6,32,532.00
VOLUME (BSE)
12 Jun 2024, 09:48:28 AM IST
Sensex Today Live: TVS Supply Chain jumps 7% as the company has entered into pact with Daimler Truck South East Asia
TVS Supply Chain Solutions has entered into a new five-year strategic contract with Daimler Truck South East Asia Pte. Ltd. for Integrated Supply Chain Solutions (ISCS) services in Singapore. Under the deal, TVS SCS will create a robust logistics solution for distributing spare parts and related items, streamline supply chain operations, manage 8,000 SKUs and 65,000 order lines annually, and ensure smooth transportation across multiple modes.
12 Jun 2024, 09:40:28 AM IST
Sensex Today Live: Indian Rupee gains 5 paise to 83.54 against the US dollar in early trade
12 Jun 2024, 09:32:25 AM IST
Sensex Today Live: Nifty at 23,343.50, up 0.34% with broad market indices largely positive; midcap at record high
12 Jun 2024, 09:17:55 AM IST
Sensex Today Live: Opening Bell | Sensex, Nifty open higher; IT stocks zoom
Sensex was at 76,638.58, up 0.24% led by gains in HCL Tech, TCS, Infy. Asian Paints, Titam and L&T were the biggest laggards
12 Jun 2024, 09:04:22 AM IST
Sensex Today Live: Indices positive in pre-opening session; HCL Tech, Power Grid gain
Sensex was up 220 points at 76,677, and the Nifty was up 113 points at 23,377.80.
12 Jun 2024, 08:56:25 AM IST
Sensex Today Live: Oil prices tick higher on Wednesday on upbeat global demand
Oil prices rose on Wednesday on upbeat global demand views from the US Energy Information Administration and Opec.
Brent crude futures rose 11 cents, or 0.1%, to $82.04 a barrel, while U.S. West Texas Intermediate crude futures gained 18 cents, or 0.2%, to settle at $78.10.
12 Jun 2024, 08:43:15 AM IST
Sensex Today Live: Union Bank, HCL Tech, IndiGo, SBI, Wipro, Tube Investments are some stocks in news today
Besides Union Bank, HCL Tech, IndiGo, SBI, Wipro, and Tube Investments, Balrampur Chini Mills, GMR Airports Infrastructure, Hindustan Copper, India Cements, SAIL, and ZEE are the six stocks on the NSE’s F&O ban list for Wednesday
12 Jun 2024, 08:31:45 AM IST
Sensex Today Live: India to see 6.7% growth between 2024 and 2026: World Bank
The Indian economy, buoyed by strong domestic demand, a surge in investment and robust services activity, is projected to grow an average of 6.7% per fiscal year from 2024 through 2026, making South Asia the world’s fastest-growing region, the World Bank said on Tuesday.
In its latest Global Economic Prospects report, the World Bank said India will remain the fastest-growing large economy. According to the forecast, India is set to report 6.6%, 6.7% and 6.8% growth, respectively, in FY24, FY25 and FY26.
By comparison, global growth is projected to hold steady at 2.6% in 2024 before edging up to an average of 2.7% in 2025 and 2026, respectively.
12 Jun 2024, 08:21:09 AM IST
Sensex Today Live: Federal Reserve expected to maintain interest rates as inflation data looms
The US Federal Reserve policy meeting began on 11 June, with widespread expectations that the central bank will keep interest rates unchanged. The Jerome Powell-led Federal Open Market Committee (FOMC) is anticipated to maintain its guidance of keeping rates elevated, adhering to the status quo in the current policy meeting.
On Wednesday, the US will release its latest update on inflation at the consumer level, and the Federal Reserve will announce its latest interest rate decision. Additionally, the US will release its latest update on prices at the wholesale level on Thursday.
12 Jun 2024, 08:09:31 AM IST
Sensex Today Live: Wall Street ends mixed; S&P 500 and Nasdaq hit record highs
Wall Street saw a mixed close on Tuesday, with the S&P 500 and Nasdaq Composite reaching new record highs for the second day in a row. The subdued trading session occurred ahead of a crucial inflation report and the Federal Reserve’s latest interest rate policy decision, expected on Wednesday.
The S&P 500 gained 0.3%. The tech-heavy Nasdaq Composite rose 0.9%.
