Sensex Today | Stock Market LIVE Updates: Sensex gains 300 points, Nifty above 19,800; Ceat jumps 7%, Jio Fin 2% – The Economic Times

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10:38:39 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Jio Financial Services JFS plans to launch auto, home loans and other products, as the billionaire Mukesh Ambani-backed company seeks to establish itself as a full-service financial services firm in a rapidly growing market.

10:29:12 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates | Piramal Enterprises plans to raise at least 2 billion rupees ($24.03 million) through a public issue of bonds, which will open for subscription on Thursday, three merchant bankers said on Tuesday.

10:28:20 AM IST, 17 October 2023

Stock Market LIVE Updates | City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) has cancelled allotment of two adjacent plots in Navi Mumbai to Godrej Properties. In March 2021, Godrej Properties had bought around 1.5 acre land parcels for Rs 166 crore in Mumbai through an e-auction conducted by CIDCO.

10:18:22 AM IST, 17 October 2023

Maruti to issue 1.2 million shares to Suzuki Motor to buy local plant

Maruti Suzuki India , the country’s top carmaker by sales, said on Tuesday it would issue 1.2 million shares to Suzuki Motor, as payment to buy a local manufacturing plant from the Japanese automaker.The issue will be at 10,420.85 rupees ($125.21) per share, the company said.

10:06:35 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Kapil Cotex to consider issuance of equity shares of company by way of preferential issue; stock plunges 5%

09:47:22 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Axis Capital initiated coverage on Deepak Nitrite with a buy rating and a target price of Rs 2520. Import substitution-led growth opportunity offers a long runway for growth. The global investment bank sees 19% EBITDA CAGR over FY23-30. It believes that the worst is over and expects earnings uptick to be the key trigger.

09:43:22 AM IST, 17 October 2023

Consistent trades above 19730 gave us the signal to be positive yesterday, but momentum was not strong enough to clear the 19800-840 region. The turn lower thereof in the closing hour, prompts us to start the day on a neutral state. While a 20020 move will need a 19840 break first, ability to float above 19745 could lend a positive bias. But as maintained yesterday, positivity can evaporate quickly should we get back below 19650s again.

– Anand James, Chief Market Strategist at Geojit Financial Services

09:42:21 AM IST, 17 October 2023

EARNINGS IMPACT | Shares of ICICI Securities surge 8% after the firm reported revenue growth across various business segments. Retail equities and allied revenue stood at Rs 701 crore, marking a 39% year-on-year (YoY) increase, within which equity revenue grew by 44% YoY to Rs 270 crore.​​

09:34:54 AM IST, 17 October 2023

Sensex Today | Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

The market scenario is changing fast. There is a risk-on mood in the market triggered by the hope that the Israel-Hamas conflict will not spread. President Biden’s upcoming trip to Israel and Jordan and the two US aircraft carriers sent to the Eastern Mediterranean is a clear message to Iran and Hezbollah not to intervene in the war. The market hopes that the war will remain localised, and this is the reason why the market remains hopeful.

The HDFC Bank results, particularly the bullish guidance and commentary, are positive and the bank, which has the highest weightage in the Nifty, can support the market. Results from the other leading banking names too will be good.

Capital goods and autos continue to be on strong wicket.

09:34:17 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Hero Motocorp sells 1,000 Harley-Davidson X440 across 100 dealerships

09:33:08 AM IST, 17 October 2023

Sensex Today | Earnings Impact: Jio Financial Services on Monday reported that its consolidated net profit for the quarter ended September 2023 doubled sequentially to Rs 668.18 crore, on the back of a strong topline growth. Total revenue from operations increased 47% from the June quarter to Rs 608.04 crore.

09:31:59 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: HDFC Bank Ltd on Monday reported a 51% year-on-year (YoY) rise in net profit for the quarter ended September 2023 to Rs 15,976 crore, beating an ET Now poll of Rs 14,800 crore. Net interest income (NI), the difference between interest earned and interest expended, rose more than 30% on year to Rs 27,385 crore but was lower than the estimated Rs 28,500 crore.

09:31:45 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: KEC International opened 5% higher on securing new orders worth Rs 1,315 crore.

09:26:21 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Glenmark Pharma gets US FDA ANDA nod for Apremilast Tablets used for the treatment of psoriatic arthritis

09:25:35 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Mic Electronics receives LOA worth Rs 2.12 crore from Hyderabad division of south – Central Railway Zone; stock jumps 5%

09:25:41 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Vakrangee, Voda Idea among most active stocks on NSE

09:21:19 AM IST, 17 October 2023

Sensex Today | Barring 4 stocks, all others in the Sensex pack traded higher

09:20:11 AM IST, 17 October 2023

Opening Bell: Sensex gains 300 points, Nifty above 19,800; Ceat jumps 7%, Jio Fin 2%

09:05:56 AM IST, 17 October 2023

Pre-open session: Sensex rises 230 points; Nifty above 19,840

08:39:57 AM IST, 17 October 2023

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

A positive start this Tuesday with two promising developments: WTI oil prices holding below $87 a barrel and Nifty poised to join the global stock market rally. The preferred trade suggestions include buying Nifty at 19732 with a stop at 19487 and targets at 19889/20000, while Bank Nifty at 44287 should be bought with a stop at 43433 and targets at 44900/45367. Optimism surrounds the earnings season, but concerns loom regarding an escalation in the Israel-Hamas conflict, which could spike oil prices above $100. HDFC Bank reports strong Q2 results, and a range of other companies is expected to release their Q2 results today. Technical analysis hints at positive prospects for Nifty, while FMCG, Realty, and Auto stocks are expected to thrive amidst festive demand. Notably, Zomato, Titan, M&M, Tata Motors, and Bajaj Finance are likely to be in the spotlight. The recommended stock to buy is ZOMATO (CMP 112). Nifty is anticipated to trade in the 19300-20000 range. Federal Reserve Chair Jerome Powell’s upcoming speech on October 19th will provide insights into the central bank’s future plans.

08:25:14 AM IST, 17 October 2023

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

Tokyo stocks opened higher Tuesday on the back of gains on Wall Street ahead of a flurry of corporate earnings reports. The benchmark Nikkei 225 index was up 1.36 percent, or 430.91 points, at 32,089.94 in early trade, while the broader Topix index was up 1.17 percent, or 26.63 points, at 2,300.17.

07:56:57 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Dollar drifts as investors eye Powell speech, yen wobbles near intervention zone

The U.S. dollar started Tuesday on the back foot as investors took stock of developments in the Middle East and braced for a slew of speeches by central bank officials this week headlined by Fed Chair Powell to gauge the monetary policy outlook.

07:57:06 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Gold stalls as investors focus on Powell’s speech

Gold prices were subdued on Tuesday as U.S. Treasury yields extended gains, ahead of economic data and Federal Reserve Chair Jerome Powell’s speech this week that could steer upcoming interest rate decisions.

07:27:44 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Oil steadies on hopes of Venezuela sanctions being eased

Oil prices stabilised on Tuesday after a more than $1 slide on Monday amid hopes the U.S. would ease sanctions on producer Venezuela and as Washington stepped up efforts to prevent an escalation of the war between Israel and Hamas.

07:27:52 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Rupee rises 3 paise to close at 83.27 against US dollar

The rupee consolidated in a narrow range and settled for the day higher by 3 paise at 83.27 against the US dollar on Monday.

07:27:59 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Quarterly earnings today

Bajaj Finance, ICICI Pru Life, LTTS, Happiest Minds and a slew of other companies will announce their second quarter results today.

07:28:06 AM IST, 17 October 2023

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

GIFT Nifty on the NSE IX traded higher by 4.5 points, or 0.02 per cent, at 19815.50, signaling that Dalal Street was headed for muted start on Tuesday.

07:28:14 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Tech View: Nifty charts hint at indecisiveness

Nifty today hovered between 19700 to 19780, and formed an Inside Body candle to indicate indecisiveness between bulls and bears.

07:28:21 AM IST, 17 October 2023

Sensex Today | Stock Market LIVE Updates: Wall Street ends up on earnings optimism; eyes remain on Middle East

Major U.S. stock indexes ended sharply higher on Monday as investors were optimistic about the start of earnings season, while transportation and small-cap shares also jumped.

07:28:32 AM IST, 17 October 2023

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

The 30-share BSE benchmark Sensex declined 116 points or 0.17% to settle at 66,167. The broader NSE Nifty dropped 23 points or 0.12% to end at 19,728.

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