Nifty 50 index opened at 25,416.90 points with a surge of 33 points or 0.13 per cent while the BSE Sensex gained 95 points to open at 83,084.63
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Stock Market Live Updates: Sensex, Nifty open lower as traders await Fed rate decision (17-09-2024)
Sensex, Nifty, Share Prices LIVE: Indian benchmark indices, Sensex and Nifty, opened slightly lower on Tuesday, with traders displaying caution ahead of the U.S. Federal Reserve’s expected rate cut. In early trade, the Sensex dropped 32.50 points to 82,956.28, and the Nifty fell by 5.85 points to 25,377.90. On Monday, both indices had reached record highs, driven by rising metal stocks fuelled by optimism around the potential rate cut. Prashanth Tapse, Senior VP (Research) at Mehta Equities, highlighted that former New York Fed President William Dudley’s call for a half-point rate cut has heightened expectations for a more aggressive move by the Fed. Tapse expects Nifty to trade between 25,000 and 26,000, with 26,000 acting as key resistance. He also recommended Exide Industries as a buy for the week, while Bajaj Housing Finance soared 136% on debut and Dixon Technologies gained 7% following a key manufacturing deal.
SEBI fast-tracks credit, trading of bonus shares to T+2 days (16-09-2024)
The issuer proposing a bonus issue, has to apply for in-principle approval to the stock exchanges within five working days from the date of the board meeting approving the bonus issue
Indian markets inch higher amid sector-specific movements (16-09-2024)
The day’s trading saw a slightly positive market breadth, with 2,167 stocks advancing and 1,943 declining on the BSE
Indian markets inch higher amid sector-specific movements (16-09-2024)
The day’s trading saw a slightly positive market breadth, with 2,167 stocks advancing and 1,943 declining on the BSE
Broker’s Call: SBI Cards (Reduce) (16-09-2024)
JM Financial
Broker’s Call: SBI Cards (Reduce) (16-09-2024)
JM Financial
SEBI withdraws note that blamed ‘external elements’ for staff unrest (16-09-2024)
In a note on Monday, the regulator said: ‘Following discussions with representatives of all grades of officers, SEBI and its employees have reaffirmed that such issues are strictly internal and will be managed in accordance with the organisation’s high standards of governance’
SEBI withdraws note that blamed ‘external elements’ for staff unrest (16-09-2024)
In a note on Monday, the regulator said: ‘Following discussions with representatives of all grades of officers, SEBI and its employees have reaffirmed that such issues are strictly internal and will be managed in accordance with the organisation’s high standards of governance’
Sensex rebounds nearly 100 pts to hit lifetime high; Nifty scales record intra-day level (16-09-2024)
The NSE Nifty rose 27.25 points or 0.11 per cent to settle at 25,383.75. During the day, the benchmark gained 89.2 points or 0.35 per cent to hit a new intra-day record peak of 25,445.70