Stock Market Live: Nifty Near 26,200, Sensex Off Day's Low; Railway Stocks Gain

Cipla, Ambuja Cements, Groww, Paytm and LIC Housing Finance are some of the stocks to watch out for today.

Nifty, Sensex trade flat. (Photo credit: NDTV Profit) 

Good morning readers. Nifty and Sensex opened in green but minutes after opening it gave up gains to trade in the red. Nifty was down 0.04% and Sensex fell 0.11%. Cipla, Ambuja Cements, Groww, Paytm and LIC Housing Finance are some of the stocks to watch out for today.
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Nifty 50 Live Today: Most Railway Stocks Extend Gains For Second Day

With Jupiter Wagons extending its gains for the second day, the entire railway segment was in green. Ircon, Railtel and RK Forgings also extended their advance on Tuesday.

Jupiter Wagons Extends Gains To Hit Two-Month High

Jupiter Wagons on Tuesday extended gains for the second day as it hit two-month high after the company's promoter entity bought back a stake in the company, amounting to Rs 135 crore.

Alok Industries Share Price Live: Stock Price Up 10%

Alok Industries shares rise over 10% on Tuesday and hit two-month high.

Belrise Share Price Live Updates: Stock Hits Life High

Belrise shares hit life high on Tuesday after multiple bloc deals. Sources told NDTV Profit that Sumedh Tools Pvt., part of the promoter group is looking to make an exit through Rs 897 crore deal.

Stock Market Live Updates: KSH International Lists At Discount Of Nearly 4%

KSH International lists at 3.7% discount at Rs 370 on BSE and NSE versus issue price of Rs 384 apiece.

Stock Market Live: Cholamandalam Investment Shares Rise Over 6%

The scrip rose as much as 6.44% to Rs 1,687 apiece on Tuesday, the highest level since Dec. 19. It pared losses to trade 5.46% higher at Rs 1,671.40 apiece, as of 9:55 a.m. This compares to a 0.10% decline in the NSE Nifty 50 Index.

It has fallen 43% in the last 12 months.

Coforge Shares Live Today: Stock Hits One-Month Low In Volatile Trade

The shares of Coforge fell nearly 7% on Tuesday ahead of its board meeting for fund raise.

Why is street concerned:

  • Fund raise could be dilutive

  • And Doubting earlier Statement Of Company - 

  • Company promised 70% cash flow conversion

  • No one-offs going forward

  • And no large capex plans

Also Read: Coforge Shares Fall Sharply As Sentiment Sours — Here's What You Need To Know

Ambuja Shares In Focus: Hit Over One-Month High

Ambuja Cement shares were trading with gains of around 3%, compared to Monday's closing price of Rs 539.95. This was after Morgan Stanley has issued a fresh note on Ambuja Cements, maintaining a bullish 'overweight' rating on the counter, in the wake of a major announcement to amalgamate its subsidiaries ACC Ltd. and Orient Cement.

Nifty Live Updates Today: Most Sectors Decline

On NSE, eight out of 15 sectors were in the red. Nifty IT and Nifty Realty lead the decline, while Nifty Metal and Nifty PSU Bank trade in green.

Broader markets were mixed, with the NSE Midcap 150 trading 0.18% lower and NSE Smallcap was trading 0.01% higher.

Nifty Live Updates Today: ICICI Bank, Bharti Airtel Weigh On Index

ICICI Bank, Bharti Airtel, TCS, Eternal and HCLT weighed on the Nifty 50 index.

Coal India, HDFC Bank, Bajaj Finance, L&T and Kotak Mahindra Bank added to the Nifty 50 index.

Stock Market Live Update: Nifty, Sensex Opens Flat

The NSE Nifty 50 and BSE Sensex opened flat on Monday. The Nifty 50 opened 0.13% higher at 26,205.20 extending gains for the third day and Sensex opened 0.14% up at 85,690.10. However, minutes after open the markets declined with Nifty down 0.04% and Sensex fell 0.11%.

Stock Market Live Update: Nifty, Sensex Trade Higher Pre-Open

At pre-open, the NSE Nifty 50 was trading 32.80 points or 0.13% higher at 26,205.20. The BSE Sensex was up 0.14% or 122.62 points at 85,690.10.

INR Vs Dollar Today: Indian Currency Opens Flat

Rupee opens flat at 89.64 against US Dollar. It closed at 89.65 on Monday.

Source: Bloomberg

Belrise Industries Share Price Update: Large Trade In Stock

Over 58.3 million shares of Belrise Industries were traded in pre-market trading on Tuesday.

Stock Market Live: Why Multi-Asset Funds Beat Thematic Bets In NFO Scorecard Over 1 Year?

An analysis of one-year performance of active funds launched in 2024 revealed that the top performing funds came from multi-asset allocation, as per Value Research data.

The top three performing funds were the Mahindra Manulife Multi Asset Allocation Fund-Regular Plan, Sundaram Multi Asset Allocation Fund-Regular Plan and Union Multi Asset Allocation Fund-Regular Plan.

Read full story here.

Nifty, Sensex Live Today: Stocks To Watch

Ambuja, ACC, Orient Cement, Cipla among top stocks to watch for today.

Pine Labs Shares In Focus As Morgan Stanley Initiates Coverage

Morgan Stanley has initiated coverage on Pine Labs Ltd. a month after its listing on the bourses. The brokerage firm has highlighted the company's favourable market position, which has been pitted against rich valuations.

In its latest report, Morgan Stanley highlighted Pine Labs as a 'well-established' player in the merchant payment and commerce solutions infrastructure provider. The firm further points out how the company has transitioned from a phase of pure scale to one focused on profitability.

Also Read: Pine Labs Shares In Focus As Morgan Stanley Initiates Coverage — Check Target Price

Stock Market Live Updates: Belrise Industries Shares In Focus

Belrise Industries shares will be in focus on Tuesday as Sumedh Tools Pvt., part of the promoter group looks to exit through a block deal worth Rs 897 crore, sources told NDTV Profit on Tuesday.

Read full story here.

Nifty Today: What F&O Cues Indicate

  • Nifty December futures up by 0.6% to 26,201 at a premium of 29 points.

  • Nifty December futures open interest down by 4.63%.

  • Nifty Options on Dec 23: Maximum Call open interest at 26,200 and Maximum Put open interest at 26,100.

Dollar Check

  • The US Dollar index is down 0.13% at 97.815.

  • Euro was up 0.14% at 1.1773.

  • Pound was up 0.15% at 1.3480.

  • Yen was down 0.38% at 156.49.

Stock Market News Live: Global Check

  • S&P 500 futures were little changed as of 9:13 a.m. Tokyo time

  • Hang Seng futures rose 0.4%

  • Japan’s Topix rose 0.6%

  • Australia’s S&P/ASX 200 rose 0.5%

  • Euro Stoxx 50 futures fell 0.3%

Stock Market News Live: Global Check

Asian stocks extended their winning streak for a third session, buoyed by the bullish momentum that lifted Wall Street and signaling that the anticipated year-end rally is gaining traction.

MSCI’s Asia-Pacific index edged up 0.3% in early Tuesday trading after a global benchmark closed at a new high. Japan’s Topix added 0.5%, contributing to the region’s positive tone.

Stock Market Live Updates: GIFT Nifty Indicates Positive Open

Good morning readers.

The GIFT Nifty was trading above 26,200 early on Tuesday. The futures contract based on the benchmark Nifty 50 rose 0.07% at 26,230.5 as of 6:41 a.m. indicating a positive start for the Indian markets.

In the previous session on Monday, the benchmark extended its gaining streak for the second week. The NSE Nifty 50 ended 206 points or 0.79% higher at 26,172.40, while the BSE Sensex closed 638.12 points or 0.75% higher at 85,567.48.

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WRITTEN BY
Pratiksha Thayil
Pratiksha covers markets and business news at NDTV Profit. She has a keen i... more
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