KEY HIGHLIGHTS
-
Stock Market Live: Nifty Pharma Recovers As Dr. Reddy's, Glenmark Pharma Share Prices Lead
-
Stock Market Live: Nifty Auto Recovers
-
Sensex, Nifty Today: Stock Market Watch 12 PM
-
Stock Market Live: India Stocks Get Citi Upgrade As Valuation Cools After Market Plunge
-
Stock Market Live: Nifty IT Under Pressure As Mphasis, Persistent System, Wipro Lag
Nifty Could Look At 22,500 As New Support
"Broadly speaking 21,500-22,500 is a strong long term support zone for Nifty. And the index could attempt a pause and revival from this zone," said Khush Bohra.
Kranthi Bathini, director of equity strategy at WealthMills Securities Pvt. also expects 22,500 to be the next support.
"Nifty 50 is now looking for support level between 22,400-2800 levels with resistance at 22,800 levels," added Rajesh Bhosale, Technical Analyst at Angel One.
Rupee Closes Flat Against US Dollar
Rupee ended flat at 86.71 against US dollar.
Source: Bloomberg
Stock Market At Closing
Nifty and Sensex extend decline for sixth day.
Intraday, both Nifty had fallen 1.22%, while Sensex fell 1.23%.
Nifty ends 1.06% or 242.55 points down at 22,553.35.
Sensex ends 1.14% or 856.65 points lower at 74,454.41.
Broader indices also closed lower. Nifty Midcap 100 ended 0.95% lower; Nifty Smallcap 250 closed 1.21% lower.
Most sectoral indices fell with Nifty IT and Nifty Metal falling the most. On the other hand, Nifty FMCG was the top sectoral gainer, snapping the longest ever losing run of 15 days.
Infosys, TCS, HDFC Bank and Bharti Airtel were top Nifty losers.
Mahindra & Mahindra, Kotak Mahindra Bank, ITC and Dr. Reddys were the top gainers for the day.
Stock Market Live: India Inc.'s Revenue Growth Seen At 7-8% In Q4
India Inc.'s revenue growth is likely to be sharper in the January-March period, as compared to the previous quarter, as urban demand has shown signs of improvement, according to ICRA Ltd.
Read full story here.
Stock Market Live: Dow Jones Futures Rise
Dow Jones Industrial Average futures rose 0.7% or more than 300 points at 3:00 p.m. India time. This comes after the Friday's 1.7% decline at market close.
Stock Market Live: Bharat Forge Arm Collaborates With AMD
Bharat Forge electronics division of Arm Kalyani Powertrain collaborates with Advanced Micro Devices to Strengthen India’s Server Ecosystem.
Source: Exchange Filing
Cairn Oil Plans Rs 5,220-Crore Investments In Shale, Oil Recoveries, Sees North East As New Rajasthan
Cairn Oil and Gas, India's largest private sector crude oil producer, has announced plans to invest up to $600 million or Rs 5,220 crore in financial year 2026, to ramp up production from their oil fields in Barmer, Rajasthan, and undertake drilling activities for shale and tight gas in the region.
The company, a subsidiary of Vedanta Ltd., will also focus on enhanced oil recovery techniques, including the use of polymers and surfactants, to increase the recovery rate from its existing fields.
From Fries To Frappe: McDonald's India Brews Up More Profits In Coffee
Fast food chain McDonald's is on an expansion spree, counting on coffee to give sagging sales a jolt.
More than 125 of McDonald’s 244 restaurants in the north and eastern regions of the country now serve McCafe lattes and cappuccinos. That's up from just five restaurants three years ago.
Read full story here.
Stock Market Live: Nifty Pharma Recovers As Dr. Reddy's, Glenmark Pharma Share Prices Lead
NSE Nifty Pharma recovered its morning losses, tracking a rise in the shares of Dr. Reddy's Laboratories Ltd. and Glenmark Pharmaceuticals Ltd. The index has risen as much as 0.81% so far today.
Read full story here.
Stock Market Live: Havells To Enter EV Charging Market In Next Six Months — Profit Exclusive
Havells India Ltd. will enter the electric vehicle charging market in the next six months as the company eyes to tap into the lucrative sunrise sector set to buzz after the entry of Elon Musk's Tesla.
Read full story here.
Stock Market Live: Pfizer Share Price Today
Shares of Pfizer Ltd. rose over 8% on Monday after the company signed a sales and marketing pact with Mylan Pharmaceuticals Pvt. The contract is for two brands of the company.
Read full story here.
Stock Market Live: IIFL Finance's Earnings May Be Capped By Weak Loan Quality, Narrower Interest Spreads Says Fitch
IIFL Finance Ltd.'s near-term performance will be constrained led by weakening loan quality and narrower interest spreads, Fitch Ratings said in a report.
Read full report here.
Stock Market Live: Nifty Auto Recovers
Nifty Auto index on Monday posted a recovery from Friday's decline with Mahindra & Mahindra and Eicher motors leading the gains. The index had fallen nearly 3% on Friday but saw recovery on Monday. The index was trading o.18% higher at 12:58 p.m.
Sensex, Nifty Today: Stock Market Watch 12 PM
Indian equities were trading lower with Nifty falling over 1.04% at 22,558.25 and Sensex was trading 808.62 points lower at 74,497.
Intraday, both Nifty and Sensex fell over 1% hitting an eight-month low.
Nifty fell 1.09% to 22,548.35.
Sensex fell 1.08% to 74,493.97.
Broader indices were also lower. Nifty Midcap fell 0.83%; Nifty Smallcap was trading 0.69% lower.
Most sectoral indices fell, led by Nifty IT.
Nifty Bank fell 0.78%, Nifty IT was down 2.61%.
Mahindra & Mahindra, ITC and Dr. Reddy's were top Nifty gainers.
Infosys, HDFC Bank, Bharti Airtel and ICICI Bank were top Nifty losers.
Stock Market Live: India Stocks Get Citi Upgrade As Valuation Cools After Market Plunge
As a relief to battered Indian stocks, Citi Research upgraded the outlook to 'overweight' with economic recovery in sight amid cooling valuations.
The brokerage assigned a December year-end target for the benchmark NSE Nifty 50 at 26,000, implying a 15% upside from the current level. India stocks' overall market cap has plunged nearly $1.2 trillion since the peak last year to $3.99 trillion, according to Bloomberg data.
Read full story here.
Varun Beverages Share Price Update: Large Trade In Stock
Over 1.02 million shares of Varun Beverages were traded via a block deal on Monday. The share of Varun Beverages rose as much as 1.96% to Rs 477.65 apiece.
Stock Market Live: Nifty IT Under Pressure As Mphasis, Persistent System, Wipro Lag
Investors lost nearly Rs 77,000 crore in the first session of the truncated week as the NSE Nifty IT slumped to the lowest level in over six months. The market-cap of IT stocks fell Rs 76,975.04 crore to Rs 33.35 lakh crore as of 10:46 a.m.
Read full story here.
Stock Market Live: Broader Market Selloff Continues
Broader market selloff continues for the second straight day with Nifty Midcap 100 and Nifty Smallcap 100 indices falling nearly 2% on Monday.
While Nifty Midcap has fallen 13.11% so far this year, Nifty Smallcap has been the worst hit with a 18.20% decline.
In this month Smallcap and Micap index have fallen 6.69% and 5.78% respectively.
Stock Market Live: Nifty, Sensex At Eight-Month Low
Nifty 50 has fallen over 1% to hit a eight-month-low on Monday. Nifty was trading 1.09% lower at 22,548.35. This is the lowest since June 5, 2024. Similarly, BSE Sensex index fell over 1.08% to 74,493.97. This is the lowest since June 6, 2024.
Read why the markets are falling here.
Stock Market Live: Trump's Steel Tariffs Make A Case For Safeguard Duties In India
On Feb. 10, US President Donald Trump announced 25% tariffs on all steel imports, without exceptions or exemptions.
While the direct impact of restrictions on Indian imports is limited due to our minimal steel exports to the US, the industry could face pressure from the re-direction of steel exports from other Asian suppliers like Japan and South Korea.
This makes the Indian steel industry's demand for safeguard duties against cheap steel imports all the more necessary.
Read full story here.
Stock Market Live: Nifty, Sensex Falls Over 1%
After Nifty fell below its key support level of 22,600 the index fell over 1% and was trading near the day's low at 22,548.35. Sensex also fell over 1% to 74,503.39.
Stock Market Live: Nifty IT Under Pressure
Nifty IT index fell over 2% on Monday.
Stock Market Live: EPL Share Price Today
EPL shares fell over 3% on Monday after the company's promoter and Blackstone Inc. arm Epsilon BidCo Pte said it will pare its shareholding by nearly half after selling shares to Thailand's Indorama Ventures in a deal worth Rs 1,907.85 crore.
Read full story here.
Stock Market Live: NTPC Green Energy Share Price Today
Shares of NTPC Green Energy Ltd. tumbled 8% — the worst fall since listing — on Monday, as anchor investors offloaded their stake with the final lock-in period ending.
Read full story here.
Stock Market Live: Godfrey Phillips Share Price Today
The shares of Godfrey Phillips fall nearly 7% on Monday amid concerns that the government may hike GST on cigarettes once the compensation cess is removed. The shares of ITC and VST Industries were also trading lower.
Read full story here.
Stock Market Live: Asian Paints Share Price Today
The shares of Asian Paints fall nearly 1% on Monday.
Stock Market Live: Quality Power Electrical Lists At 1.2% Premium
Lists at Rs 430 on NSE versus issue price of Rs 425.
Lists at a premium of 1.2% on NSE.
Lists at Rs 432.05 on BSE versus issue price of Rs 425.
Lists at a premium of 1.7% on BSE.
Read full story here.
Stock Market Live: Glenmark Pharma Share Price Today
Glenmark Pharma to enter settlement with Humana, Centene, Kaiser for $7 Million.
Settlement with Plaintiffs makes clear that company denies every allegation made against it.
Source: Exchange Filing
Stock Market Live: Senco Gold Share Price Today
The shares of Senco Gold fell nearly 3% on Monday.
Stock Market Live: Railtel Share Price Today
The shares of Railtel rose over 3% on Monday after the company received order worth Rs 288 crore from East Central Railway.
Read full story here.
Stock Market Live: Mahindra & Mahindra Share Price Today
The shares of Mahindra and Mahindra rose nearly 2% on Monday after Jefferies in its report said the company was under their growth screener.
Read Jefferies other top picks here.
Stock Market Live: Bajaj Housing Finance Share Price Today
The shares of Bajaj Housing Finance fell over 2% on Monday.
Stock Market Live: Solara Active Pharma Hits Lower Circuit
The shares of Solara Active Pharma hit lower circuit on Monday. The company on Friday had announced that it will close its Brazil-based wholly owned subsidiary. In addition, Arun Kumar Bhaskaran resigned as CFO, while the company appointed Sarat Kumar as the new CFO.
Nifty, Sensex Today: Why Stock Market Is Falling
Global uncertainties as US President Donald Trump has reiterated that his administration will soon impose reciprocal tariffs on India and China.
The Indian and Asian markets are tracking the worst decline for US stocks in 2025 amid fear over proposed US tariffs hurting the business sentiment and the raised inflationary concerns.
Relentless FPI selling.
Surge in Chinese stocks.
Power Grid Share Price Update: Large Trade In Stock
Over 2.09 million shares of Power Grid were traded via a block deal on Monday. The share of NMDC fell as much as 1.78% to Rs 257.25 apiece.
Stock Market Live: Niva Bupa Health Insurance Shares Fall Nearly 5%
The shares of Niva Bupa Health Insurance fell nearly 5% after the health insurer reported cyber threat incident in which threat actor claims to have customer data on Friday.
Stock Market Live: NSE Midcap, NSE Smallcap Also Trade Lower
Broader markets were also trading lower, with the NSE Midcap indices trading 1.64% lower and underperforming the benchmark index. On the other hand, NSE Smallcap indices was trading 1.76% lower outperforming the benchmarks.
Stock Market Live: Most Sectoral Indices Opened Lower, Pharma In Positive
On NSE, one of the 12 sector advanced, while the others were in the red. The NSE Realty was the worst performing sector during open, while the NSE Nifty Pharma was the only sector in green.
Stock Market Live: HDFC Bank, RIL, Infosys Drag
HDFC Bank Ltd., Reliance Industries Ltd., Infosys Ltd. and TCS Ltd., weighed on the Nifty 50 index.
Sun Pharma Ltd., ITC Ltd., Dr. Reddys Ltd. and Nestle Ltd. added to the Nifty 50 index.
Stock Market Live: Nifty, Sensex Extend Fall
The NSE Nifty 50 and BSE Sensex opened lower on Wednesday extending its decline for the fifth consecutive session. The Nifty 50 opened 0.82% down at 22,609.35 and the Sensex was down 0.55% at 74,893.45.
"We believe that the larger market texture remains on the weak side; however, we could expect a quick technical pullback rally if it succeeds in holding above 22950," said Shrikant Chouhan, Head Equity Research at Kotak Securities.
Stock Market Live Update: Nifty, Sensex Trade Lower Pre-Open
At pre-open, the NSE Nifty 50 was trading 186.55 points or 0.82% lower at 22,609.35. The BSE Sensex was 0.55% lower at 74,895.49.
Rupee Vs Dollar Today: Indian Currency Opens Stronger Against US Dollar
Rupee opened 13 paise higher at 86.58 against the US Dollar. It closed at 86.71 on Friday.
Source: Bloomberg
The dollar index is 0.38% lower at 106.20. Brent crude is up 0.07% to $74.78.
IndiGo: What Brokerages Say
Citi maintained 'buy' rating on operator InterGlobe Aviation Ltd. and raised target price to Rs 5,200 apiece from earlier Rs 5,100.
Open a 90-Day positive catalyst watch on IndiGo.
Sees pick-up in overall air traffic demand and IndiGo's strong market share.
Expects significant improvement in passenger load factors in the fourth quarter of fiscal 2025, a seasonally weak quarter.
Part of this increase in overall demand could also be attributed to Maha Kumbh.
Higher demand could manifest itself in better yields in the fourth quarter of fiscal 2025.
SBI Cards Interim Dividend: Last Day To Buy Shares To Qualify
Shares of SBI Cards and Payment Services Ltd. will be in the spotlight on Monday, as the day marks the last session for investors to buy shares to qualify for receiving interim dividend before the stock goes ex-date.
Read full story here.
Nifty 50: What Brokerages Say
Jefferies India Strategy
With Nifty 50 down 13% from September 2024 high and broader markets down 20%, a short-term bounce is likely.
Jefferies continues to believe that the equities ready for a near-term bounce.
Jefferies runs valuation and growth visibility screens.
Four stocks screening well on both are – Adani Ports, Crompton Greaves Consumer, Shriram Finance and Apollo Hosp.
Predictable growth screens highlight M&M, TVS Motor, Indian Hotels, Amber and Housing Finance.
Valuation screeners flag SAMIL, Container Corp & VGuard among others.
Nifty Today: What F&O Cues Indicate
Nifty Feb futures down by 0.62% to 22,822 at a premium of 27 points.
Nifty Feb futures open interest down by 8%.
Nifty Options Feb 27 Expiry: Maximum Call open interest at 24,000 and Maximum Put open interest at 22,000.
Securities in ban period: Manappuram Finance, Chambal Fertilizer.
Dollar Check
The US Dollar index is down 0.38% at 106.20.
Euro was down 0.56% at 0.9507.
Pound was down 0.35% at 0.7889.
Yen was up 0.05% at 149.37.
Stock Market News Live: Global Check
The US dollar remained weak while the stocks got hammered on weaker-than-expected economic data and a surge in consumers’ long-run inflation view. The S&P 500 fell 1.7% while the Nasdaq 100 slipped 2.1%. The Dow Jones Industrial Average declined by 1.7% on Friday.
The dollar index — which tracks the greenback's performance against a basket of 10 leading global currencies — was 0.3% down at 106.29. The benchmark yield fell eight basis points to 4.43%.
Stock Market News Live: Global Check
Stocks in the Asia Pacific region slipped on Monday following Wall Street's worst session this year as investors were spooked by weak economic data and weakest consumer sentiment on inflation since 1995 on Friday.
South Korea's Kospi fell 0.98%, or 25 points, to 2,629 while Australia's S&P / ASX 200 was down 0.08% at 8,289 as of 6:28 a.m. Japanese markets are closed on Monday for a holiday.
Inflation data in Singapore and South Korea's retail sales data will be the key data points in Asia on Monday.
Future contracts in China hinted at a positive start, while those in Hong Kong were poised to open lower.
Stock Market News Live: GIFT Nifty Trades Above 22,600
The GIFT Nifty was trading near 22,600 early Monday. The futures contract based on the benchmark Nifty 50 rose 0.31% at 22,684.50, as of 7:20 a.m., indicating a flat start for the Indian markets.
On Friday, the Nifty and Sensex ended lower for the fourth consecutive session. The NSE Nifty 50 ended 117.25 points, or 0.51% lower at 22,795.9, while the BSE Sensex closed 424.9 points, or 0.56% down at 75,311.06.
RECOMMENDED FOR YOU
Stock Market Today: Nifty Reclaims 24,600, Sensex Ends Over 300 Points Higher As HDFC Bank Leads
Aug 13, 2025
Stock Market Today: Nifty, Sensex Post Worst Weekly Losing Streak In Nearly Two Years
Aug 01, 2025
Stock Market Today: Nifty Holds 25,200 After Rebound From Day's Lows, Sensex Ends Flat; M&M, Wipro Top Gainers
Jul 16, 2025
Stock Market Today: Nifty Slips Below 25,400, Sensex Falls Over 350 Points As Airtel, HDFC Bank Drag
Jul 10, 2025
POPULAR