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Latest Market News Today Live Updates October 16, 2024: Reliance bonus issue: RIL board


Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

16 Oct 2024, 09:24:32 PM IST

Stock Markets Today Live Updates: Reliance bonus issue: RIL board passes 1:1 issue of free shares with majority votes; Record date fixed

  • Reliance bonus issue: The oil-to-telecom conglomerate has fixed Monday, October 28, 2024 as the record date for the bonus issue .

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16 Oct 2024, 08:42:42 PM IST

Stock Markets Today Live Updates: Stocks to buy: ABB to Glenmark Pharma – Motilal Oswal bet on these three shares for this week

  • Brokerage firm Motilal Oswal has recommended three stocks – ABB, Exide Ind, and Glenmark Pharma – to buy this week with decent upside potential.

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16 Oct 2024, 08:15:05 PM IST

Cryptocurrency Today Live Updates: Bitcoin bulls eye $70,000 near record-high on optimism around riskier assets ahead of US elections

  • Bitcoin bulls are setting their sights again on the record highs reached in March with optimism building around riskier assets and the looming US elections.

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16 Oct 2024, 07:28:53 PM IST

IPO News Today Live Updates: Hyundai Motor India IPO: India’s biggest public issue subscribed 42% on day 2, QIBs bid highest; Latest GMP here

  • Hyundai Motor India IPO: India’s biggest public issue subscribed 42% on day 2, QIBs bid highest; Latest GMP here

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16 Oct 2024, 06:51:46 PM IST

Stock Markets Today Live Updates: LVHM crashes 7.5% in worst plunge since COVID-19 over China’s luxury spending slowdown, stock down 21% YTD

  • LVMH shares plunged after sales of fashion and leather goods fell for the first time since the pandemic, revealing the scale of the slump in demand from once insatiable Chinese consumers.

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16 Oct 2024, 06:44:01 PM IST

Commodity News Today Live Updates: Gold hits fresh record high to ₹78,900 per 10 grams; What’s driving the rally?

  • Gold with 99.5% purity surged by 250, reaching a new record high of 78,500 per 10 grams, compared to the previous close of 78,250 per 10 grams.

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16 Oct 2024, 05:34:00 PM IST

Stock Markets Today Live Updates: Mutual funds boost holding in Delhivery to all-time high in September quarter

  • In Q2 FY25, mutual funds raised their stake in Delhivery to 24.91%, a rise from 19.05% in June. Notable funds that increased holdings in Delivery include SBI and Mirae Asset. Despite share recovery, Delhivery’s stock trades below its IPO price of 487.

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16 Oct 2024, 04:51:54 PM IST

Stock Markets Today Live Updates: Expert view: Low rate regime unlikely in next few years; small-cap segment a stock-picker’s paradise, says TRUST MF CIO

  • Expert view: Mihir Vora, CIO of TRUST Mutual Fund, predicts a low-rate regime is unlikely due to persistent inflation. He highlights small-caps’ attractiveness, driven by consistent investor gains.

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16 Oct 2024, 04:03:18 PM IST

Stock Markets Today Live Updates: Top Gainers and Losers today on 16 October, 2024: HDFC Life Insurance Company, Dr Reddys Laboratories, Trent, Mahindra & Mahindra among most active stocks; Check full list here

  • Top Gainers and Losers Today : The Sensex lost 318.76 points, or -0.39, to settle at 81820.12, while the Nifty lost 86.05 points, or -0.34, to close at 25057.35.

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16 Oct 2024, 03:55:31 PM IST

Mark To Market Today Live Updates: HDFC Life continues to struggle with margin pain

  • An analysis of the annualised premium equivalent (APE) for Q2FY25 shows the adverse new business profile, including product mix and higher policy benefits, may be putting pressure on the value of new business (VNB) margin.

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16 Oct 2024, 03:40:48 PM IST

Stock Markets Today Live Updates: Stock market today: Sensex, Nifty 50 fall for second consecutive session; Infosys, Mahindra and Mahindra top drags

  • Stock market today: Sensex, Nifty 50 fall for second straight session; Infosys, Mahindra and Mahindra top drags

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16 Oct 2024, 03:34:23 PM IST

IPO News Today Live Updates: IPO buzz: 18 of top 30 biggest IPOs fail to outperform Nifty 500: Capitalmind

  • IPO buzz: Capitalmind’s study indicates that many large IPOs, including Reliance Power, failed to deliver excess returns compared to the Nifty 500. Zomato is highlighted as a standout performer among the top IPOs, while market conditions influenced recent IPO successes.

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16 Oct 2024, 03:28:14 PM IST

Stock Markets Today Live Updates: TVS Holdings board to consider raising funds via non-convertible debentures on October 23

  • TVS Holdings is gearing up to raise funds. The company has scheduled a board meeting on October 23 to discuss issuing Non-Convertible Debentures (NCDs) on a private placement basis.

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16 Oct 2024, 03:18:40 PM IST

IPO News Today Live Updates: Hyundai IPO: From higher royalty to pre-IPO dividend, Deepak Shenoy highlights ‘real’ concerns

  • Hyundai IPO is a complete Offer for Sale (OFS), and the proceeds of the sale will go to the selling shareholders, rather than to the company. This structure allows existing shareholders to exit, a practice some criticize.

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16 Oct 2024, 02:58:53 PM IST

Stock Markets Today Live Updates: Multibagger stock Time Technoplast hits fresh record high, rallies 1,100% in 4 years; is it still a ‘buy’?

  • Time Technoplast’s stock has surged 1,100% from 36.70 to 438 in four years. Systematix Institutional Equities projects continued growth for the stock. It has a target price of 615, reflecting a 40% upside potential.

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16 Oct 2024, 02:47:25 PM IST

Stock Markets Today Live Updates: RailTel share price jumps 10% on winning ₹79 crore order from MHADA

  • Investors have responded positively to RailTel’s consistent flow of orders this year, contributing to a 31% increase in the company’s share value year-to-date. The stock concluded CY23 with an impressive gain of 168%.

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16 Oct 2024, 02:35:54 PM IST

Stock Markets Today Live Updates: Shriram Finance: Solid business, value unlocked. What’s next?

  • After unlocking value with a strategic reset, Shriram Finance faces new challenges—can it sustain the momentum?

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16 Oct 2024, 02:19:14 PM IST

Stock Markets Today Live Updates: Value Stocks says majority of PSU stocks fairly or undervalued, shares top investment themes for long term

  • A recent study by Value Stocks indicates that while some Public Sector Undertakings (PSUs) are overvalued, many remain undervalued. Key sectors like defence, railways, and shipbuilding show significant growth potential after price corrections, making them attractive for long-term investment.

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16 Oct 2024, 01:55:47 PM IST

Stock Market News Today Live Updates: These five bank stocks appear ready for a bull run

  • The Nifty Bank Index has delivered less than half the returns of the Nifty 50 so far this year, but beneath the surface, the fundamentals of these five banks remain strong and the sector is far from stagnant.

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16 Oct 2024, 01:24:55 PM IST

Stock Markets Today Live Updates: This multibagger smallcap jewellery stock hits 5% upper circuit for 3rd straight session. Do you own it?

  • PC Jeweller’s shares hit the 5% upper circuit on October 16 after converting 4.35 lakh warrants into equity shares. The company aims to enhance accessibility through a potential stock split while also resolving debts via a One Time Settlement with banks.

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16 Oct 2024, 01:22:17 PM IST

Mark To Market Today Live Updates: PVR Inox re-release bet pays off in Q2, more in the pipeline

  • Inspired by the success of re-releases like Tumbbad, PVR Inox plans to double down on re-releases of popular old films during periods of weak new releases

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16 Oct 2024, 01:20:53 PM IST

Stock Markets Today Live Updates: Diwali 2024 Stock Picks: Top 10 stocks to buy for Samvat 2081 by HDFC Securities

  • Diwali 2024 Stock Picks: HDFC Securities reports a 28% rise in Nifty 50 since last Diwali, predicting moderate returns and volatility ahead. They recommend 10 stocks, including Bank of India and Reliance Industries, as promising investment opportunities for the upcoming year.

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16 Oct 2024, 01:17:29 PM IST

Stock Markets Today Live Updates: Small-cap SME stock hits the upper circuit after Q2FY25 results; do you own it?

  • Small-cap SME stock: Cellecor Gadget’s share price surged 5% to 71.80 during intraday trading on October 16, following robust quarterly earnings.

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16 Oct 2024, 12:37:33 PM IST

IPO News Today Live Updates: Lakshya Powertech IPO Day 1: GMP, subscription status, price band, other details of NSE SME IPO

  • Lakshya Powertech IPO opened on October 16, aiming to raise 49.91 crore with strong demand, oversubscribed nearly 20 times within hours.

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16 Oct 2024, 12:31:20 PM IST

Stock Markets Today Live Updates: BSE shares tumble 7% after Jefferies downgrades rating to ‘underperform’ on expensive valuations

  • BSE shares dropped 7% to 4,419 after Jefferies downgraded its rating to ‘underperform.’ The brokerage raised the target price to 3,500 but highlighted significant regulatory risks that could hinder growth prospects for the exchange.

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16 Oct 2024, 12:21:16 PM IST

Stock Markets Today Live Updates: Small-cap stock below ₹100: Multibagger stock jumps after this latest corporate update

  • Small-cap stock below 100: MIC Electronics share is a small-cap multibagger stock that has given more than 184% returns year-to-date (YTD). The stock has rallied over 148% in the past one year.

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16 Oct 2024, 12:18:03 PM IST

Stock Market News Today Live Updates: The smart money is dumb money

  • The goal is always going to be optimising your asset allocation to your personality and your needs, and not mindlessly aiming to maximise returns at any cost.

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16 Oct 2024, 12:16:39 PM IST

Stock Markets Today Live Updates: Small-cap stock below ₹10: This penny stock climbs another 6% after 135% rally in a year; here’s why

  • Multi-bagger penny stock 2024: Scanpoint Geomatics has been on a remarkable run, with its share price soaring by over 135% in the past year.

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16 Oct 2024, 11:48:59 AM IST

Stock Markets Today Live Updates: Real estate stocks regain momentum; Oberoi Realty and 6 others jump up to 16% in 6 sessions

  • The real estate sector has seen a resurgence following the RBI’s policy change, leading to a 6% increase in the Nifty Realty index. Strong quarterly performances and rising demand, especially for luxury homes, have significantly driven major real estate firms’ sales growth.

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16 Oct 2024, 11:28:07 AM IST

Stock Market News Today Live Updates: Kross Share Price Today on : Kross share are up by 1.09%, Nifty down by -0.17%

  • Kross Share Price Today on 16-10-2024: On the last trading day, Kross opened at 192.05 and closed at 195.20. The stock reached a high of 198.95 and a low of 192.05, indicating some volatility during the day.

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16 Oct 2024, 11:26:06 AM IST

Stock Market News Today Live Updates: Bharti Airtel Share Price Today on : Bharti Airtel share are up by 0.2%, Nifty down by -0.18%

  • Bharti Airtel Share Price Today on 16-10-2024: On the last trading day, Bharti Airtel opened at 1724.95 and closed at 1721.35. The stock reached a high of 1731 and a low of 1717.25 during the day.

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16 Oct 2024, 11:26:04 AM IST

Stock Market News Today Live Updates: Tata Steel Share Price Today on : Tata Steel share are down by -0.45%, Nifty down by -0.18%

  • Tata Steel Share Price Today on 16-10-2024: On the last trading day, Tata Steel opened at 155.75 and closed at 154.95. The stock reached a high of 156.6 and a low of 154.8 during the day.

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16 Oct 2024, 11:26:01 AM IST

Stock Market News Today Live Updates: Adani Green Energy Share Price Today on : Adani Green Energy share are down by -0.51%, Nifty down by -0.19%

  • Adani Green Energy Share Price Today on 16-10-2024: On the last trading day, Adani Green Energy opened at 1762.9 and closed at 1753.85. The stock reached a high of 1772.45 and a low of 1751.3 during the session.

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16 Oct 2024, 11:25:59 AM IST

Stock Market News Today Live Updates: Baazar Style Share Price Today on : Baazar Style share are up by 0.18%, Nifty down by -0.19%

  • Baazar Style Share Price Today on 16-10-2024: On the last trading day, Baazar Style opened at 365.95 and closed at 361.8. The stock reached a high of 365.95 and a low of 360.5 during the day.

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16 Oct 2024, 11:25:57 AM IST

Stock Market News Today Live Updates: KPIT Technologies Share Price Today on : KPIT Technologies share are down by -0.69%, Nifty down by -0.19%

  • KPIT Technologies Share Price Today on 16-10-2024: On the last trading day, KPIT Technologies opened at 1780.05 and closed at 1776.85. The stock reached a high of 1814.45 and a low of 1775.95 during the day.

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16 Oct 2024, 11:23:54 AM IST

Stock Market News Today Live Updates: Power Grid Share Price Today on : Power Grid share are up by 0.24%, Nifty down by -0.17%

  • Power Grid Share Price Today on 16-10-2024: On the last trading day, Power Grid opened at 332.95 and closed at 330.45. The stock reached a high of 332.95 and a low of 330.25 during the day.

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16 Oct 2024, 11:23:52 AM IST

Stock Market News Today Live Updates: SJVN Share Price Today on : SJVN share are down by -0.29%, Nifty down by -0.17%

  • SJVN Share Price Today on 16-10-2024: On the last trading day, SJVN opened at 121.25 and closed at 120.95. The stock reached a high of 122.25 and a low of 120.20 during the day.

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16 Oct 2024, 11:23:51 AM IST

Stock Market News Today Live Updates: Infosys Share Price Today on : Infosys share are down by -0.89%, Nifty down by -0.17%

  • Infosys Share Price Today on 16-10-2024: On the last trading day, Infosys opened at 1958.95 and closed at 1941.75. The stock reached a high of 1960.10 and a low of 1939.55 during the day.

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16 Oct 2024, 11:23:48 AM IST

Stock Market News Today Live Updates: Garuda Construction And Engineer Share Price Today on : Garuda Construction And Engineer share are down by -0.54%, Nifty down by -0.17%

  • Garuda Construction And Engineer Share Price Today on 16-10-2024: On the last trading day for Garuda Construction and Engineer, the stock opened at 104.75 and closed at 106.25. The highest price reached during the day was 109.4, while the lowest price recorded was 102.21.

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16 Oct 2024, 11:21:47 AM IST

Stock Market News Today Live Updates: PNB Share Price Today on : PNB share are down by -0.1%, Nifty down by -0.14%

  • PNB Share Price Today on 16-10-2024: On the last trading day, PNB’s stock opened and closed at 104.85. The highest price during the day was 105.3, while the lowest price reached 104.5.

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16 Oct 2024, 11:21:45 AM IST

Stock Market News Today Live Updates: Havells India Share Price Today on : Havells India share are down by -0.63%, Nifty down by -0.14%

  • Havells India Share Price Today on 16-10-2024: On the last trading day, Havells India’s stock opened at 1930.3 and closed at 1922.45. The stock reached a high of 1966.25 and a low of 1920.3 during the day.

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16 Oct 2024, 11:21:42 AM IST

Stock Market News Today Live Updates: Ecos India Mobility Share Price Today on : Ecos India Mobility share are down by -1.88%, Nifty down by -0.14%

  • Ecos India Mobility Share Price Today on 16-10-2024: On the last trading day, Ecos India Mobility opened at 455.85 and closed at 451.05. The stock reached a high of 458.95 and a low of 451.05 during the session.

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16 Oct 2024, 11:21:40 AM IST

Stock Market News Today Live Updates: Reliance Industries Share Price Today on : Reliance Industries share are up by 0.02%, Nifty down by -0.14%

  • Reliance Industries Share Price Today on 16-10-2024: On the last trading day, Reliance Industries opened at 2687.9 and closed slightly higher at 2688.4. The stock reached a high of 2706.35 and a low of 2676 during the day.

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16 Oct 2024, 11:19:38 AM IST

Stock Market News Today Live Updates: Angel One Share Price Today on : Angel One share are up by 1.91%, Nifty down by -0.14%

  • Angel One Share Price Today on 16-10-2024: On the last trading day, Angel One opened at 3173.95 and closed at 3283.40. The stock reached a high of 3394 and a low of 3095.05 during the day.

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16 Oct 2024, 11:19:36 AM IST

Stock Market News Today Live Updates: Yes Bank Share Price Today on : Yes Bank share are down by -0.28%, Nifty down by -0.14%

  • Yes Bank Share Price Today on 16-10-2024: On the last trading day, Yes Bank opened at 21.20 and closed slightly lower at 21.15. The stock reached a high of 21.35 and a low of 21.13 during the day.

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16 Oct 2024, 11:19:34 AM IST

Stock Market News Today Live Updates: Adani Wilmar Share Price Today on : Adani Wilmar share are down by -0.43%, Nifty down by -0.13%

  • Adani Wilmar Share Price Today on 16-10-2024: On the last trading day, Adani Wilmar opened at 335.1 and closed at 334.55. The stock reached a high of 337 and a low of 334.3 during the day.

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16 Oct 2024, 11:17:31 AM IST

Stock Market News Today Live Updates: Bharat Electronics Share Price Today on : Bharat Electronics share are down by -0.85%, Nifty down by -0.09%

  • Bharat Electronics Share Price Today on 16-10-2024: On the last trading day, Bharat Electronics opened at 288.65 and closed at 286.35. The stock reached a high of 291 and a low of 286.25 during the day.

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16 Oct 2024, 11:17:29 AM IST

Stock Market News Today Live Updates: Tolins Tyres Share Price Today on : Tolins Tyres share are up by 1.06%, Nifty down by -0.09%

  • Tolins Tyres Share Price Today on 16-10-2024: On the last trading day, Tolins Tyres opened at 182.1 and closed at 185.5. The stock reached a high of 186.75 and a low of 182.05 during the day.

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16 Oct 2024, 11:17:28 AM IST

Stock Market News Today Live Updates: Tata Motors Share Price Today on : Tata Motors share are down by -1.36%, Nifty down by -0.09%

  • Tata Motors Share Price Today on 16-10-2024: On the last trading day, Tata Motors opened at 918 and closed at 905. The stock reached a high of 923.25 and a low of 904.20 during the day.

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16 Oct 2024, 11:17:26 AM IST

Stock Market News Today Live Updates: Polycab India Share Price Today on : Polycab India share are down by -2.26%, Nifty down by -0.08%

  • Polycab India Share Price Today on 16-10-2024: On the last trading day, Polycab India opened at 7450.05 and closed at 7320.45. The stock reached a high of 7500.20 and a low of 7264.40 during the day. Overall, the stock experienced a decline from its opening price.

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Read More: Latest Market News Today Live Updates October 16, 2024: Reliance bonus issue: RIL board

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