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08:03 PM
KKR to invest Rs 2070 crore in Reliance Retail
KKR’s stake in Reliance Retail to now stand at 1.42% from 1.17% earlier
07:49 PM
Tesla jumps as analyst predicts $600 bln value boost from Dojo
Tesla, already the world’s most valuable automaker, started production of the supercomputer to train artificial intelligence (AI) models for self-driving cars in July and plans to spend more than $1 billion on Dojo through next year.
07:15 PM
US stocks open higher on Tesla boost, inflation data in focus
The Dow Jones Industrial Average rose 73.42 points, or 0.21%, at the open to 34,650.01.
The S&P 500 opened higher by 23.49 points, or 0.53%, at 4,480.98, while the Nasdaq Composite gained 122.51 points, or 0.89%, to 13,884.03 at the opening bell.
07:08 PM
BSE-listed firms’ mcap touches record high of Rs 324 lakh crore
In seven days, the BSE benchmark has zoomed 2,295.67 points, or 3.54 per cent.
The market capitalisation of BSE-listed companies jumped to a new high of Rs 3,24,26,555.38 crore, with investors’ wealth gaining Rs 14,67,416.68 crore in seven days.
06:33 PM
Cetera Financial to acquire Avantax for about $1.2 bln in all-cash deal
Shareholders of Avantax common stock will receive $26.00 in cash per share, representing a 30.3% premium from the closing price on September 8.
After the deal closure, Avantax will become a standalone business unit within the Cetera group, the statement added.
In June, investor Engine Capital LP had asked Avantax to explore strategic alternatives, including a possible sale.
06:12 PM
Tech View: Nifty @ 20,000 target achieved. What traders should do on Tuesday
A sustainable move above the 20K mark is expected to pull Nifty towards the next overhead resistance of around 20,450 levels (38.2% Fibonacci extension). Immediate support is placed at 19,850 levels, said Nagaraj Shetti of HDFC Securities.
Momentum indicators on the daily and hourly time frame are in sync with the price action.
03:04 PM
Stock Market Live Updates: Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPO
New group CEO Eddie Wu will concurrently become acting CEO and chairman of a unit grappling with weak sales growth ahead of an initial public offering (IPO) penned for next year.
02:46 PM
Share Market Live Updates: SAMHI Hotels sets Rs 119-126 price band for its Rs 1,370 crore-IPO
SAMHI Hotels has fixed a price band of Rs 119-126 per equity share for its maiden public offer, which opens for subscription on September 14.The issue, which closes on September 18, comprises fresh issuance of equity shares worth Rs 1,200 crore and an offer for sale (OFS) of up to 1.35 crore equity shares.Under the OFS, Blue Chandra Pte will offload 84.2 lakh shares, Goldman Sachs to sell up to 49.31 lakh equity shares and GTI Capital Alpha will give up 1.4 lakh shares.
02:37 PM
EMS IPO subscribed nearly 10x so far on Day 2
After sailing through within hours of opening, the initial public offer (IPO) of EMS gained momentum on the second day of the bidding process.Strong demand from non-institutional investors (17.78x) and retail investors (11.29x) took the overall subscription to 9.62x so far. However, the category reserved for institutional buyers was subscribed just 16%.
02:19 PM
Sensex Today | Stock Market Live Updates: India will explore London Stock Exchange for stock listing of local firms: UK fin min
British Finance Minister Jeremy Hunt said on Monday India’s government has conveyed it will explore London Stock Exchange for overseas listing of Indian companies.Currently, Indian companies are not allowed to list directly on overseas exchanges as per regulations.
01:35 PM
Share Market Live Updates: Basilic Fly Studio rewards investors with bumper 179% gain on listing
On listing, the stock rallied further 5% and was locked in upper circuit at Rs 284. The company has priced the issue at Rs 97 at the upper end.
The debut of Basilic Fly Studio was on the expected lines, tracking the recent trend of massive listing gains in the SME segment.
01:20 PM
Crypto Price Today: Bitcoin dips below $25,900; XRP, Solana fall up to 2%
Other top crypto tokens were also trading lower. XRP, Dogecoin, Polkadot and Solana declined over 1%.
The global cryptocurrency market cap was trading lower, around $1.04 trillion, falling 0.32% in the last 24 hours.
The total volume in DeFi is currently $1.6 billion, 7.9% of the total crypto market 24-hour volume. The volume of all stablecoins is now $18.37 billion, which is 90.87% of the total crypto market 24-hour volume.
12:19 PM
Sovereign Gold Bond scheme opens for subscription from today: 8 reasons to buy
The subscription period closes on Friday.
The nominal value of the bond is based on the simple average of closing price published by the India Bullion and Jewellers Association Ltd (IBJA)) for gold of 999 purity of the last three working days of the week preceding the subscription period. In this case it is September 6, September 7 and September 8, 2023.
Since there is a global consensus on sustainability and renewable energy, the biofuel alliance proposed at the G20 summit is likely to be taken up in right earnest. Since India is the second largest producer of sugar, after Brazil, the Indian sugar industry stands to gain from the decision to increase ethanol blending with petroleum products. Sugar prices have gone up by around 3 percent during the last one month, the prospects for sugar companies have improved. But the good news is already in the price with many sugar stocks trading at 52-week highs.
– Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services on G20 Biofuel Initiative Boosts India’s Sugar Industry Prospects
10:35 AM
Zaggle Prepaid Ocean Services IPO price band at Rs 156-164. Issues opens on Thursday
The minimum lot size of this Zaggle Prepaid Ocean Services IPO is 90 shares which is worth Rs 14,760.
09:59 AM
Ratnaveer Precision Engineering IPO | Pre-indicative price
BSE..Rs 128 (Up Rs 30 or 30.6%)
NSE..Rs 123.2 (Up Rs 25.2 or 25.7%)
09:52 AM
Rishabh Instruments IPO | Pre-indicative price
BSE/NSE.. Rs 460 (Up Rs 19.. 4.3%)
08:03 AM
Stock Markets Live Updates: Asia stock markets weaken ahead of US inflation data
Asia stock markets were softer on Monday ahead of U.S inflation September data this week with investors seeking signals about the Federal Reserve’s next likely moves on interest rates. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.4%, after U.S. stocks ended the previous session with mild gains.
08:02 AM
Share Markets Live Updates: Yen jumps on Ueda’s remarks; dollar tentative ahead of US inflation print
The yen strengthened on Monday as comments from Bank of Japan (BOJ) Governor Kazuo Ueda stoked hopes that Japan could soon herald a new era away from negative rates, while the dollar was on the back foot ahead of this week’s U.S. inflation reading.
08:02 AM
Sensex Today | Share Markets Live Updates: Gold edges higher on dollar dip; investors eye US inflation data
Gold prices started the week on a firm footing on Monday, supported by a retreat in the dollar, as investors awaited U.S. inflation data due this week that would indicate the Federal Reserve’s next interest rate move.
07:27 AM
Share Markets Live Updates: GIFT Nifty (Earlier SGX Nifty) signals a muted start
GIFT Nifty on the NSE IX traded 7.5 points, or 0.04 per cent, muted at 19,930.50, signaling that Dalal Street was headed for muted start on Monday.
07:27 AM
Tech View: Nifty momentum indicators blinking buy
Nifty on Friday ended 93 points higher to form a reasonable bull candle on the daily chart and a long bull candle on the weekly chart.
07:27 AM
Rupee rises 21 paise to halt 4-session losing streak against US dollar
The rupee snapped a four-day losing streak to close 21 paise higher at 83.02 against the US dollar on Friday, helped by a firm trend in domestic equities and suspected intervention by the RBI.
07:26 AM
S&P 500 closes up slightly ahead of US inflation data
The S&P 500 closed slightly higher on Friday but well below its session high and all three of Wall Street’s major averages posted weekly declines as investors worried about interest rates and waited anxiously for upcoming U.S. inflation readings.
07:26 AM
Sensex Today | Stock Markets Live Updates: Oil prices ease but supply cuts keep Brent above $90/bbl
Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand outlook although Brent stayed perched above $90 a barrel, supported by tightening supplies after Saudi Arabia and Russia extended supply cuts.
07:26 AM
Sensex Today | Sensex, Nifty on Friday
The BSE Sensex gained 333 points or 0.50% to end at 66,599, while Nifty50 rose 93 points or 0.47% to closed at 19,820 in Friday’s trade.
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