KEY HIGHLIGHTS
Stock Market LIVE: Broader Markets Underperform Benchmark Indices
The NSE Nifty Midcap 150 was trading in a small range, while the NSE Nifty Smallcap 250 was trading flat.
Ashok Leyland, National Aluminium Co, and Coromandel International were top gainers in the NSE Nifty Midcap 150 index. Meanwhile,Whirlpool India Ltd., Jubilant Industries Ltd., and DCM Shriram Ltd. were top losers in the NSE Nifty Smallcap 250 index.
Stock Market LIVE: Bajaj Finance, Bajaj Finserv, Asian Painst Top Gainers In Nifty 50 Index
Stock Market LIVE: Sensex Hits Over One-Year High
The BSE Sensex rose 0.39% to a 52-week high of 85,939.28.
Nifty Contributors: L&T, HDFC Bank, M&M Support Gains
Stock Market LIVE: Nifty Scales Fresh High
The NSE Nifty rose 0.34% to a new high of 26,284.20 as HDFC Bank Ltd. and Larsen & Toubro Ltd. shares led. The index took 289 trading days to hit a new high.
Markets At Open: Nifty, Sensex Rise At Open
The NSE Nifty 50 and BSE Sensex opened higher tracking gains in Larsen & Toubro Ltd. and HDFC Bank Ltd. shares.
Yield On 10-Year Bond Opens Flat
The yield on the 10-year bond opened flat at 6.44%
Source: Bloomberg
Rupee Opens Stronger Against US Dollar
Rupee opened 6 paise stronger at 89.21 against US Dollar
It closed at 89.27 a dollar on Wednesday
Source: Bloomberg
Stock Market LIVE: Biocon's Bengaluru Facility Gets US FDA's VIA Classification
US Food and Drug Administration classified Biocon Biologics’ Drug substance facility in Bengaluru as 'Voluntary Action Indicated'. The US FDA inspected Bengaluru facility from Aug 26-Sept 3, Biocon said in an exchange filing.
Urban Company's Growth Engines Are Firing, But Kotak Initiates Bearish Call
Kotak Institutional Equities has initiated coverage on full-stack home-services platform Urban Company Ltd., on a bearish note. The brokerage has ascribed a 'sell' rating on the firm, with a target price of Rs 120 apiece.
The brokerage sees steady growth ahead in both India and overseas markets and expects the core India consumer services business to deliver strong improvement in profitability over the next few years. However, it notes that the newly launched Insta Help vertical will need meaningful investment.
Stock Market LIVE: Travel Food Services Gets Bullish Nod As ICICI Securities Initiates 'Buy'
ICICI Securities has initiated coverage on Travel Food Services Ltd. with a ‘Buy’ rating and a target price of Rs 1,600, citing a strong structural growth story in the travel food and lounge segment.
HDFC Bank, RIL, M&M, Divi's Labs, JSW Steel Are Macquarie's Top Core Choices As It Turns Optimistic For India
Macquarie has turned positive on Indian equities for the calendar year 2026 as it sees three tailwinds assisting the markets. Its top core choices are HDFC Bank Ltd., Reliance Industries Ltd., Mahindra & Mahindra Ltd., Divi's Laboratories Ltd., JSW Steel Ltd.
Tata Consumer Products Ltd., MakeMy Trip Ltd., Lemon Tree Hotels Ltd., L&T Technology Services Ltd., Delhivery Ltd., and Aditya Birla Capital Ltd. are six rising stars, according to Macquarie.
Gold Extends Gains To Trade At Rs 1,26,570 Thursday— Check Rates In Delhi, Mumbai, Kolkata And Other Cities
Gold prices continued to rise for second session as market participants anticipate a rate cut in the US next month. Lower interest rates make the precious metal affordable for countries that use other currencies than US dollar.
In India, bullion prices rose 0.6% to Rs 1,26,570 per 10 gram. Meanwhile, in global markets, gold prices consolidated early morning after rising over 1% in the previous session.
Stocks To Watch Today: Paytm, Whirlpool India, Asian Paints, Oberoi Realty, J&K Bank
Paytm parent One 97 Communications Ltd., Whirlpool of India Ltd., Asian Paints Ltd., Oberoi Realty Ltd. and J&K Bank Ltd. are some of the key stock that will draw market attention today after their corporate announcements.
Learn about more stocks which will likely be in focus on Thursday here.
Stock Market LIVE: GIFT Nifty Hints At Slight Positive Open; Bayer Crop, NCC, Zydus Life Shares In Focus
The GIFT Nifty was trading 0.05% or 13.50 points higher at 26,422 as of 6:51 a.m., which implied a positive open for the benchmark index, NSE Nifty 50.
Traders will keep an eye for Bayer Cropscience Ltd., Zydus Lifesciences Ltd., NCC Ltd., Indian Overseas Bank Ltd., United Breweries Ltd., and Aditya Birla Capital Ltd. shares.
The NSE Nifty 50 closed 74.7 points or 0.29% lower at 25,884.8, while the BSE Sensex ended 313.7 points or 0.37% down at 84,587.01 on Tuesday.