Market Close Highlights, Oct 11: Sensex down 230 pts; Mid, SmallCap indices shine; Tata

3:48 PM

Stock Market Highlights LIVE Updates: Geopolitical tensions influencing FIIs towards affordable markets

The market traded sideways due to a lack of fresh triggers for decisive momentum. The uptick in US 10-year yield due to the unexpected rise in US core inflation and caution ahead of result season added layers of sentiment in the market.

The ongoing geopolitical challenges influenced FIIs to shift their focus towards the affordable markets, which is impacting the domestic market liquidity.

(View by: Vinod Nair, Head of Research, Geojit Financial Services.)

3:45 PM

Stock Market Highlights LIVE Updates: Nifty Pharma, Metal, Healthcare lead sectoral trends

Among sectors, Nifty Pharma was the top winner, advancing 1.19 per cent at close, and was closely followed by Nifty Metal and Nifty Healthcare. On filip side, Nifty Bank, Nifty Financial Services and Nifty Realty led losses.

3:41 PM

Stock Market Highlights LIVE Updates: Broader indices outperform

The broader markets outperformed benchmarks on Friday, as the BSE MidCap index and the BSE SmallCap index both closed 0.44 per cent higher.

3:40 PM

Stock Market Highlights LIVE Updates: Trent, Hindalco, and HCL Tech gain up to 2% on NSE

Trent, Hindalco, HCL Tech, Tech Mahindra and ONGC were the top gainers on the NSE, while TCS and M&M among others led losses.

3:35 PM

Stock Market Highlights LIVE Updates: Heatmap check

HCL Tech, Tech Mahindra, JSW Steel rise 1 per cent each on Sensex, while TCS, M&M and ICICI Bank fall up to 2 per cent at close on Friday.

3:34 PM

Stock Market Highlights LIVE Updates: Nifty ends below 25k

The NSE’s Nifty 50 finished at 24,964, down 34 points, or 0.14 per cent.

3:32 PM

Stock Market Highlights LIVE Updates: Sensex ends over 200 pts down

The BSE Sensex closed around 230 points down or 0.28 lower on Friday at 81,381 level.

3:30 PM

Stock Market LIVE updates: Noel’s appointment as Tata Trusts’ chair signals continuity, BAU: Analysts

It will be business as usual (BAU) for Tata group stocks post Noel Naval Tata’s appointment as the chair of Tata Trusts’, said analysts. The development, they said, will signal continuity. For the markets, it will be a confidence booster as a family member and someone from the ‘Tata’ fold is back at the helm after the passing of Ratan Tata. Read more

3:21 PM

Stock Market LIVE updates: Oberoi Realty’s board approves proposal to raise up to Rs 6,000 cr

Oberoi Realty’s board of directors has approved raising up to Rs 6,000 crore in one or more tranches, said the company in an exchange filing on Friday. Funds would be raised “by way of issuance of equity shares, eligible securities, other securities or instruments, or any combination of securities,” it said. Read more

3:12 PM

Stock Market LIVE updates: IREDA gets DIPAM nod to set up subsidiary for retail, B2B biz in RE segment

State-run IREDA has received approval from DIPAM to set up a wholly-owned subsidiary to undertake retail and B2B business in the renewable energy sector.

Indian Renewable Energy Development Agency (IREDA), under the Ministry of new and renewable energy, is a non-banking financial institution. Read more

3:00 PM

Stock Market LIVE updates: 3 PM market update

At 3 PM, the BSE Sensex was down 224 points, or 0.28 per cent, at 81,386, while the Nifty 50 was at 24,958, down 39 points, or 0.16 per cent.

2:51 PM

Stock Market LIVE Update: Usha Martin zooms 18% after over 10% equity change hands; up 27% in 2 days

Stock Market LIVE Update: Shares of Usha Martin hit a record high of Rs 433.70, as they zoomed 18 per cent on the National Stock Exchange (NSE) in Friday’s intraday trade, after more than 10 per cent equity of the company changed hands on the NSE and BSE. READ MORE

2:39 PM

Stock Market LIVE Update: NBCC bags order worth Rs 65.15 crore

Stock Market LIVE Update: NBCC has secured bags order worth Rs 65.15 crore from Navodaya Vidyalaya Samiti.

Source: BSE

2:33 PM

Stock Market LIVE Updates: This largecap auto stock is testing its key DMA after 17 months

Stock Market LIVE Updates: Shares of Hero MotoCorp are seen trading near its 100-DMA (Daily Moving Average) for the last five trading sessions. Thus far, the stock has managed to sustain above its 100-DMA, which stands at Rs 5,455. The 100-DMA is key for Hero MotoCorp, as the stock is seen testing this moving average after 17 months. Way back on May 08, 2023, the stock broke above its 100-DMA, which then stood at Rs 2,474 levels. Post which, the stock witnessed spectacular rally and hit a peak at Rs 6,246 – a solid gain of 152 per cent. READ MORE

2:18 PM

Stock Market LIVE Updates: Ugro Capital stock price jumps 8% on strong Q2 update; more details here

Stock Market LIVE Updates: Share price of Ugro Capital soared up to 7.92 per cent at Rs 258 per share intraday on the BSE. This came after non banking financial company announced that the company has reached a total asset under management (AUM) of Rs 10,200 crore as of September 2024, growing from Rs 2,970 crore in March 2022. READ MORE

First Published: Oct 11 2024 | 7:47 AM IST