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Sensex Today | Stock Market LIVE Updates: Record high for D-St! Sensex surges 1,100 points;


02:01:35 PM IST, 04 December 2023

Nifty flashes overbought signal as Indian stocks jump on Modi win

India’s record-breaking stock market is approaching overheated levels after a victory by Prime Minister Narendra Modi’s party in three state elections spurred a rally on Monday.The Nifty 50 Index’s 14-day relative strength index — a gauge of price momentum — is nearing a two-standard deviation threshold. Declines of more than 9% on average have followed in the five instances going back to 2018 when Nifty punched above this line, data compiled by Bloomberg show.

01:45:02 PM IST, 04 December 2023

DOMS Industries IPO to open on December 13, plans to raise Rs 1,200 cr

The initial public offer (IPO) of DOMS Industries will open for subscription on December 13 and close on December 12. The company plans to raise Rs 1,200 cr through the public offer.

The company has received regulatory approval for the same in the last month.

The issue comprises fresh equity of Rs 350 crore and an offer for sale (OFS) of Rs 850 crore. Under the OFS, promoters Fabbrica Italiana Lapis, Sanjay Mansukhal Rajani and Keta Mansukhal Rajani will offload shares.

01:35:45 PM IST, 04 December 2023

Stock Market LIVE Updates: NiftyOil & Gas jumps over 3%; check out the top gainers from the pack

02:00:46 PM IST, 04 December 2023

Stock Market LIVE Updates: Fairbridge Capital (Mauritius) Limited (FCML) completes an Offer for Sale (OFS) of 40 Mn. equity shares of Thomas Cook (India, valued at Rs. 5.58 Bn.

12:56:38 PM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Som Distilleries receives approval from the KarnatakaExcise Department for the supply of beer brands—Hunter, Blackfort, andWoodpecker to the state of Tamil Nadu.

12:41:09 PM IST, 04 December 2023

Greaves Cotton’s subsidiary Ampere introduces electric two-wheelers in partnership with Kedia Organisation in Nepal

12:43:24 PM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: KAKA Industries Limited announces the installation of a 1300 KW solar power plant at its new factory.

12:17:33 PM IST, 04 December 2023

Gold reached a new record high of $2148, surging over 3% in early morning trade in Comex, In MCX prices opened gap up by strong 500rs near 64000 at 63950 as Comex Gold gave up gains from 2148$ high to 2085$ still a positive rally of 16$ compared to Friday’s close. This was driven by expectations that the Federal Reserve will maintain interest rates this month and potentially cut them in 2024. Despite Fed Chair Jerome Powell’s caution against premature rate-cut expectations, traders are confident in a 60% chance of a rate reduction in March, fully pricing in a cut by May. Weak data, including the below-estimate US ISM Manufacturing PMI and a slowdown in PCE inflation, supported a softer rate outlook. Continuing jobless claims reaching a two-year high further influenced the dovish Fed sentiment.

– Jateen Trivedi, VP Research Analyst at LKP Securities

12:10:52 PM IST, 04 December 2023

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

11:43:20 AM IST, 04 December 2023

Bitcoin scales $41,000; hits a 19-month high

11:40:09 AM IST, 04 December 2023

Stock Market LIVE Updates: Shares of Tata Power rose nearly 4% to Rs 286 in Monday’s trade on BSE after the firm won the bid to acquire Bikaner-III Neemrana-II Transmission, a project special purpose vehicle (SPV) set up by Power Finance Corporation’s subsidiary PFC Consulting.

11:31:04 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: BLS International Services bags Ayushman Bharat contract for seamless card processing and inclusive growth across 10 districts.

11:06:29 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates | 63 moons unveils innovative technology universe of Cybersecurity,Web 3.0 & Blockchain, and LegalTech

10:45:38 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates | BLOCK DEAL IN RIL: 58.2 lakh shares change hands

10:42:25 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates | L&T Finance Holdings Ltd. (LTFH) completes the merger of its subsidiaries(L&T Finance Ltd., L&T Infra Credit Ltd. and L&T Mutual Fund Trustee Ltd.) withitself

10:27:48 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Tata Tech shares plunge another 5% today

10:13:50 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: BCL Industries said Svaksha Distillery bagged an order to supply ethanol to Reliance Industries at Rs 6.73 crore; stock jumps 6%

09:49:33 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: SEPC announces acceptance of bid by DWSD Jarkhand, wins contract worth Rs 427 crores.

09:47:47 AM IST, 04 December 2023

Stock Market LIVE Updates: Zerodha says some users facing issues with Kite web platform

09:43:17 AM IST, 04 December 2023

Positive outcome for the ruling government in current state elections brings a big cheer for the Equity markets. This also acts as a precursor to 2024 general assembly elections and increases hope for continuation of regime, thereby political stability and further economic reforms.

– Kaushik Dani, Fund Manager, ABANS Investment Managers

09:41:14 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: PSU Bank stocks surge up to 5%; Union Bank top performer

09:27:42 AM IST, 04 December 2023

The state elections results have turned out to be a big event which can trigger renewed optimism and further rally in the market. Market likes political stability and a reform-oriented, market-friendly government. From the market perspective, the results were better-than-expected. The market has already partly discounted a BJP victory with a 500 point rally during the last 4 sessions. But the mood is so exuberant that the rally will continue. The global backdrop also is favourable with the US 10-year bond yield declining to 4.23%. An across the board rally in stocks is in the offing. A restraining factor will be the valuations which are high and will get stretched further with the rally gaining momentum. In the near-term the market will ignore fundamentals and move up but soon high valuations will trigger some selling.

– Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

09:23:35 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Adani stocks charged up, soar up to 9% today

09:22:24 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Most active stocks on NSE in opening deals

09:20:16 AM IST, 04 December 2023

Opening Bell: Record high for D-St! Sensex surges 900 points, tops 68K; Nifty above 20,550

09:08:57 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex surges 950 points; Nifty above 20,600

08:50:10 AM IST, 04 December 2023

Sensex Today | Stock Market Preview: Prashanth Tapse, Senior VP (Research), Mehta Equities

Chair Powell may have dampened expectations for rate cuts, but this Monday morning sees Gift Nifty jumping anyway. Investors globally eagerly await December for the famed Santa Claus Rally, and this morning, the Christmas Cake is baked for solid gains. Key catalysts include a resurgent optimism from FIIs, with Rs. 10,593 crores bought in the past week, a 15.1% YoY rise in GST collections, and BJP’s state election results adding fuel to bullish sentiments. Bulls are thrilled with considerable drops in US inflation, a 5.2% Q3 US GDP surpassing the 4.9% estimate, and optimism that the Federal Reserve may cut borrowing costs in Q1 2024. With positive global cues, the Dow gained 2.42% in the past week, setting the stage for Nifty to start the week with a bullish bang, eyeing inter-month targets at the 21,000 mark. Preferred trades on Nifty and Bank Nifty include buying at CMP with specific targets. Also, the chart of the day is bullish on BEL, MANAPPURAM FINANCE, PI INDUSTRIES, TATA CONSUMER, NTPC, and TITAN on any intraday weakness with an inter-week perspective. The top stock to buy now is PI INDUSTRIES at CMP 3,817, with a stop at 3,655, targets at 3,907/4,050, and aggressive targets at 4,500, driven by a Momentum Play strategy.

08:24:34 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Asian shares turn mixed, gold tops $2,100 an ounce

Asian shares were mixed on Monday while gold spiked to all-time peaks above $2,100 at the start of a busy week for economic data that will test market wagers for early and aggressive rate cuts from major central banks next year.

08:03:11 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Dollar on shaky ground as Fed rate cut bets strengthen

The dollar started the week on a shaky footing on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell as they waited on a key employment report that could influence the outlook for U.S. interest rates.

08:02:40 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Gold strikes fresh record high as rate cut bets surge

Gold prices soared to a record high above $2,100 on Monday as traders grow increasingly confident the Federal Reserve will cut interest rates in the new year.

07:27:16 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start

GIFT Nifty on the NSE IX traded higher by 144.5 points, or 0.71 per cent, at 20,638, signaling that Dalal Street was headed for positive start on Monday.

07:27:23 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Tech View: Nifty forms long bull candle to end in uncharted zone

Nifty on Friday ended 135 points higher in uncharted territory above 20,250-zone to form a reasonable positive candle on the daily chart. On the weekly chart, a long bull candle was formed.

07:27:30 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Rupee rises 4 paise against US dollar

The rupee appreciated 4 paise to settle at 83.33 against the US dollar on Friday, following positive cues from equity markets and strong domestic macroeconomic data.

07:27:38 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Tokyo stocks open lower

Tokyo stocks opened lower on Monday as a higher yen against the dollar weighed on the market.The benchmark Nikkei 225 index was down 0.34 percent, or 114.89 points, at 33,316.62 in early trade, while the broader Topix index slipped 0.48 percent, or 11.44 points, to 2,371.08.

07:27:46 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: S&P 500 hits 2023 closing high as Powell strengthens peak rate bets

U.S. stocks rallied and the S&P registered its highest close of the year on Friday, starting December on an upbeat note as remarks from Federal Reserve Chair Jerome Powell bolstered the view that key policy rates have peaked.

07:27:54 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Oil climbs as Mideast tension back in focus

Oil futures rose on Monday as geopolitical tension in the Middle East returned to focus, spurring concerns about supply from the region, but uncertainty over OPEC+ voluntary output cuts and global fuel demand growth clouded the sector’s outlook.

07:28:02 AM IST, 04 December 2023

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Friday

The BSE benchmark Sensex advanced 493 points or 0.74% to end at 67,481, while the NSE Nifty surged 135 points or 0.67% to settle at 20,267.



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