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Stock Market Today News Live: GIFT Nifty Indicates Positive Start; Brent Crude At Two-Week High

The GIFT Nifty, an early indicator of Nifty 50's performance, traded at25,839.

Stock Market Today News Live: GIFT Nifty Indicates Positive Start; Brent Crude At Two-Week High
NSE Bull statue, representing Indian Breed Bull with the people of India stands outside National Stock Exchange (NSE) headquarter building in BKC, Mumbai.
6 minutes ago

Hello and welcome to our live coverage on Indian stock markets.

The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 25,839. On Wednesday, the Indian equity benchmarks extended gains for the third consecutive trading session, led by the gains in Reliance Industries Ltd. and ITC Ltd. The BSE Sensex rose nearly 300 points to end at 83,734.25, while the NSE Nifty 50 rose 0.4% to end above 25,800. The broader markets — represented by the NSE Nifty 500 Index — outperformed benchmark indices, led by the rally in Godfrey Phillips' 20% rally.

Elsewhere in Asia, South Korea's Kospi touched a fresh record high on Thursday as markets in the region followed gains on Wall Street. Australia's S&P/ASX 200 rose 1.1% in early trade, while Japan's Nikkei 225 and Topix were higher. Hong Kong and mainland China markets remained closed for the Lunar New Year break.

Stock Market Live: TCS Discloses Tata Group-OpenAI Partnership, 100 MW AI Infrastructure Plan

  • TCS said Tata Group and OpenAI have entered a partnership to advance AI work, according to an exchange filing.
  • The filing said Tata employees will get access to OpenAI’s enterprise offering.
  • TCS said the partners plan to build AI infrastructure in India with 100 MW capacity, with an option to scale it up to 1 GW.

Stock Market Live: Gold At Rs 1,56,050 Per 10g; Silver At Rs 2,43,630 Per Kg

  • Gold was quoted at Rs 1,56,050 per 10 grams on Thursday, while silver was at Rs 2,43,630 per kg, according to the Bullions website.
  • In international markets, spot silver rose $2.06, or 3%, to $75.60 per ounce, and gold rose nearly 1% to $4,918.64 per ounce.
  • Analysts cited a firm US dollar and uncertainty around the US Federal Reserve’s policy outlook, while noting safe-haven demand and central bank buying supported prices on dips.

Stock Market Live: Rupee And Bond Markets Shut For Chatrapati Shivaji Maharaj Jayanti

India’s rupee and bond markets are closed today on account of Chatrapati Shivaji Maharaj Jayanti.

Stock Market Live: Bandhan Small Cap Fund Beat 93% Of Peers Last Year

  • Bandhan Small Cap Fund outperformed 93% of its peer group last year, according to the update.
  • The fund has added stocks such as Paytm (One 97 Communications), Info Edge and IndiaMart InterMesh in recent months, its equity CIO said.
  • It is overweight financial services and real estate, and has been adding textiles, internet and renewables while trimming metals, the CIO said.
  • Read the full report here.

Stock Market Live: Fed Minutes Show Split On Rate Cuts As Inflation And Credit Risks Stay In Focus

  • The US Federal Reserve minutes said several officials saw room for more rate cuts if inflation falls as expected, but several warned further cuts could lock in inflation.
  • Most participants said progress on disinflation could be slower than anticipated, while a vast majority said the labour market showed signs of stabilising.
  • Several officials flagged vulnerabilities in private credit, and most noted downside risks to labour remained.

Stock Market Live: Oil Holds Near Two-Week High On Iran Tensions; WTI Near $65, Brent Above $70

  • West Texas Intermediate hovered near $65 a barrel after rising 4.6% in the previous session, its biggest daily gain since October.
  • Brent closed above $70 a barrel for the first time in more than two weeks, as traders priced in higher geopolitical risk.
  • The move followed reports that the US could move closer to military involvement in Iran, raising concerns about supply disruptions from the Middle East.

Stock Market Live: Hindustan Unilever Approves Rs 2,000 Crore Investment Over Two Years

Hindustan Unilever Ltd.
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  • Hindustan Unilever said its board has approved an investment of about Rs 2,000 crore over the next two years.
  • The company said the spending will go towards Beauty & Wellbeing and Home Care.
  • HUL said it aims to expand manufacturing capacity in premium categories within these segments.

Stock Market Live: MCX Shares In Focus As Exchange Plans To Withdraw Extra Margin On Gold, Silver Futures From Thursday

Multi Commodity Exchange Of India Ltd.
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  • Multi Commodity Exchange said it will withdraw an additional 3% margin on gold futures and 7% on silver futures, effective Thursday.
  • The change applies to all contracts and variants linked to the two metals.
  • MCX gold April futures rose 0.86% to Rs 1,52,715 per 10 grams on Wednesday, while New York gold futures were up 0.89% at $4,921 per ounce.

Stock Market Live: Wednesday Recap — Sensex Ends Near 83,734; Nifty Closes Above 25,800 For Third Straight Gain

  1. Indian equity benchmarks extended gains for a third consecutive session on Wednesday, led by Reliance Industries and ITC.
  2. The BSE Sensex rose nearly 300 points to 83,734.25, while the NSE Nifty 50 ended up 0.4% above 25,800.
  3. Broader shares outperformed, with the NSE Nifty 500 Index ahead of the benchmarks and Godfrey Phillips rising 20%.

Stock Market Live: GIFT Nifty Trades At 25,839

GIFT Nifty, an early indicator for the Nifty 50, traded at 25,839.

Stock Market Live: Kospi Hits Record High As Asia Tracks Wall Street; Hong Kong, China Shut

  • South Korea’s Kospi touched a fresh record high on Thursday as markets in the region followed gains on Wall Street.
  • Australia’s S&P/ASX 200 rose 1.1% in early trade, while Japan’s Nikkei 225 and Topix were higher.
  • Hong Kong and mainland China markets remained closed for the Lunar New Year break.

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