Stock Market Live: Sensex gains 200 points, Nifty crosses 24050, JSWSTEEL top gainer, NTPC top loser

Stock Market Updates Today :Amid mixed global signals, flat trading is being seen in the domestic stock market. However, today both the Sensex and Nifty indices are around their all-time high. In today’s trading, Nifty is above 24000. While Sensex is seeing a rise of about 50 points. In today’s trading, only bank and financial indices are trading in the red mark on Nifty. While IT, Pharma, Metal, Auto, Realty and FMCG indices are trading in the green mark. Currently, Sensex is seeing a rise of 44 points and it is trading at the level of 79076. While Nifty is trading at the level of 24,028, up 17 points. Today’s top gainers include JSWSTEEL, BHARTIARTL, MARUTI, TATASTEEL. While top losers include NTPC, POWERGRID, LT, KOTAKBANK, ASIANPAINT.

Global signals are mixed

Today, global signals are mixed for the domestic stock market. In today’s trade, buying is being seen in major Asian markets. Earlier on Friday, the US markets closed with a big decline. On Friday, the Dow Jones Industrial fell by 45 points and closed at the level of 39118.86. The NASDAQ Composite fell by 126 points and closed at the level of 17732.60. While the S&P 500 index fell by 22 points and closed at the level of 5460.48.

July 01, 2024 10:25 IST

Vodafone Idea News

Loss-making telecom company Vodafone Idea has decided to increase mobile rates by 11-24 percent from July 4. Earlier, Reliance Jio and Bharti Airtel had also announced a hike in mobile rates from July 3. Vodafone Idea said that the company has prepared an excellent range of plans full of features to meet the different needs of its consumers.

July 01, 2024 10:25 IST

SBI News

The Government Appointments Selection Committee Financial Services Institutions Bureau (FSIB) has recommended the name of the bank’s senior-most managing director CS Shetty for the post of Chairman of State Bank of India. Shetty was selected as Managing Director in January 2020. He currently handles the International Banking, Global Markets and Technology Department. He will replace Dinesh Kumar Khara, who will retire on August 28.

July 01, 2024 10:24 IST

Tata Steel

Tata Steel, a Tata Group company, has converted debt instruments worth $564.75 million (Rs 4713.03 crore) into equity shares in its subsidiary T Steel Holdings Pte Ltd. Even after the conversion, T Steel Holdings Pte Ltd will remain a wholly-owned subsidiary of Tata Steel. Tata Steel had informed in May that it would invest Rs 17,408 crore in T Steel Holdings Private Limited.

July 01, 2024 10:24 IST

Titan Company News

Titan Company is introducing its jewellery brand Tanishq in Bangladesh as part of its expansion plans in the international market. According to the statement, Tata Group company Tanishq has entered into a joint venture agreement with Rhythm Group in this regard. Under this, Tanishq will be made available in the Bangladesh market. According to the joint statement of both the companies, the joint venture will begin with the inauguration of a manufacturing unit in Narayanganj, Bangladesh.

July 01, 2024 09:31 IST

FPI June Investments

After two consecutive months of selling, foreign portfolio investors (FPIs) have once again become net buyers in the Indian stock markets in June. Amid a strong rally in the stock markets, FPIs have bought shares worth Rs 26,565 crore in June. Earlier in May, amid confusion over the election results, FPIs had withdrawn Rs 25,586 crore from shares.

July 01, 2024 09:07 IST

Ban on NSE under F&O

The stocks that will remain banned under F&O on NSE today include India Cements, Indus Towers. No stock has been retained or removed from this list today. The banned securities under the F&O segment include those companies where derivative contracts exceed 95 percent of the market-wide position limit.

July 01, 2024 09:03 IST

Brent crude near $85.50 a barrel

Brent crude has seen a slight rise due to the softening of the dollar index. Brent crude is trading near $85.50 per barrel. While WTI crude has reached close to $82 per barrel. America’s 10-year bond yield is around 4.40 percent. While the dollar index is around 105.50, below the level of $106.

July 01, 2024 09:02 IST

Shopping in Asian markets

In today’s trade, buying is being seen in major Asian markets. Talking about Asia, Gift Nifty is down by 0.04 percent while Nikkei 225 is up by 0.26 percent. Strait Times is up by 0.12 percent while Hang Seng is trading almost flat. Taiwan Weighted is up by 0.60 percent while Kospi has strengthened by about 0.22 percent. Shanghai Composite is up by 0.15 percent.

July 01, 2024 09:02 IST

Dow Jones closed down by 45 points

On Friday, the US markets closed with a big decline. On Friday, the Dow Jones Industrial fell by 45 points and closed at 39118.86. The NASDAQ Composite fell by 126 points and closed at 17732.60. While the S&P 500 index fell by 22 points and closed at 5460.48.

show more