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Latest Market News Today Live Updates August 9, 2024: Can VIP Industries regain its lost ground in the Indian luggage market?
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
09 Aug 2024, 05:44:23 PM IST
Stock Markets Today Live Updates: Can VIP Industries regain its lost ground in the Indian luggage market?
- VIP Industries faces challenges despite rising travel demand, with increased competition and internal issues. The company plans to regain market share through portfolio transformation, brand premiumisation, and process optimization.
09 Aug 2024, 05:09:24 PM IST
Stock Markets Today Live Updates: Q1 Results Review: Axis Securities maintains ‘buy’ call on Man Infraconstruction, sees over 27% upside – here’s why
- Axis Securities maintains a ‘BUY’ recommendation for MICL with a target price of ₹240 per share. Despite a decline in June quarter results, the company’s asset-light model and strong project pipeline position it well for future growth, it said.
09 Aug 2024, 05:02:37 PM IST
Stock Market News Today Live Updates: Galaxy Surfactants share price gains 5% as Q1 Results beat estimates: Worst may be behind for specialty chemicals major
- Stock Market Today: Galaxy Surfactants share price gains 5% post Q1 Results. The Specialty chemicals major reported net profit came 20% ahead of estimates. Management expects to meet volume and profitability guidance. Check details
09 Aug 2024, 04:38:12 PM IST
IPO News Today Live Updates: Saraswati Saree Depot IPO: Price band set at ₹152-160 per share; check other details here
- The allotment of shares for the Saraswati Saree Depot IPO is expected to be finalised on Friday, August 16, 2024, with the tentative listing on the BSE and NSE scheduled for Tuesday, August 20, 2024.
09 Aug 2024, 04:03:20 PM IST
Stock Markets Today Live Updates: Top Gainers and Losers today on 9 August, 2024: Eicher Motors, Oil & Natural Gas Corporation, Bharat Petroleum Corporation, HDFC Life Insurance Company among most active stocks; Check full list here
- Top Gainers and Losers Today : The Sensex gained 819.69 points, or 1.04, to settle at 78886.22, while the Nifty gained 250.5 points, or 1.04, to close at 24117.0.
09 Aug 2024, 03:35:28 PM IST
Stock Markets Today Live Updates: Multibagger NBCC soars over 11% on new order worth ₹15,000 crore
- Shares of NBCC (India) surged over 11 percent in intraday trading on Friday after the company secured a significant order worth ₹15,000 crore from the Srinagar Development Authority.
09 Aug 2024, 03:30:43 PM IST
Stock Markets Today Live Updates: Stock market today: Nifty 50, Sensex jump by 1% each; investors earn over ₹4 lakh crore in a day
- Stock market today: Nifty 50, Sensex jump by 1% each; investors earn over ₹4 lakh crore in a day
09 Aug 2024, 02:53:12 PM IST
Stock Markets Today Live Updates: Multibagger pharma stock close to record high after rising 1000% in four years
- Q1 results 2024: The company’s Net Revenue from Operations increased by 6.5% to ₹2,232 million from ₹2,095 million
09 Aug 2024, 02:38:49 PM IST
Stock Market News Today Live Updates: Private equity investments to thrive in India despite global challenges: Jefferies report
- The report noted that despite the challenges faced by the private equity industry, including a liquidity squeeze and declining distributions from major firms, India remains a favourable environment for capital raising and investment opportunities.
09 Aug 2024, 02:32:14 PM IST
Stock Markets Today Live Updates: L&T, ABB, Siemens, BHEL others: FPI display strong confidence on Capital Goods firm: Regular Buyers for last 12 months
- Stock Market Today: Larsen & Toubro, ABB, Siemens, BHEL among others have seen share price rise 34-193% with BHEL giving Multibagger returns. Foreign Portfolio Investors confidence on the capital Goods sector remains strong with FPI being regular monthly buyers for past one year
09 Aug 2024, 02:30:59 PM IST
IPO News Today Live Updates: Bumper Debut: Afcom Holdings list at ₹108 on BSE SME, a 90% premium to IPO price
- Afcom Holdings made an impressive debut on the BSE SME, listing at a 90% premium over its issue price. The stock surged by 99.5% on the first day, following strong demand for its IPO which was subscribed 303.03 times.
09 Aug 2024, 02:19:13 PM IST
Stock Markets Today Live Updates: Trent shares jump 13%, touch ₹6,000 mark as Q1 earnings top expectations
- Trent’s standalone revenue grew by 56% year-over-year to ₹4,104 crore. EBITDA increased by 66.8% YoY to ₹612.7 crore, while profit after tax soared by 134.47% YoY to ₹391.2 crore.
09 Aug 2024, 01:58:31 PM IST
Stock Markets Today Live Updates: Metro Brands shares surge 7% on partnership with New Era Cap
- Metro Brands stock surged nearly 7% in intraday trading after partnering with New Era Cap, boosting expansion in athleisure market. Agreement grants exclusive distribution and sales rights for New Era products in India.
09 Aug 2024, 01:43:19 PM IST
Stock Markets Today Live Updates: Defence stock Apollo Micro Systems jumps 8% after Q1 results today. Sets record date for 5% final dividend
- Apollo Micro Systems fixed record date on 20th September 2024 to ascertain the eligible shareholders for payment of 5% final dividend for FY24
09 Aug 2024, 01:27:49 PM IST
Stock Markets Today Live Updates: Two smallcap proxy stocks in the national smart meter theme
- These are the lesser known pick-and-shovel suppliers in the national smart meter theme.
09 Aug 2024, 01:19:43 PM IST
Stock Markets Today Live Updates: Indian stock market valuations may trigger short-term correction; IT, FMCG best places to hide amid a fall, says analyst
- Midcap and smallcap indices have outperformed the Nifty 50 by 24% and 31% respectively over the last 12 months. This outperformance is expected to continue with more aggressive bouts of sectoral rotation.
09 Aug 2024, 01:18:41 PM IST
Mark To Market Today Live Updates: For Cochin Shipyard, new capacity commissioning and orders to ensure smooth sailing
- While a low base aided Q1 growth, Cochin Shipyard is projected to maintain the momentum, thanks to its strong order backlog and newer capacities coming online
09 Aug 2024, 01:09:51 PM IST
IPO News Today Live Updates: FirstCry IPO allotment to be finalised today: Here’s how to check your status
- The allotment for Brainbees Solutions, which operates under the FirstCry brand, is expected to be finalised today. Investors can check their allotment status via the registrar, Link Intime India Private, or the BSE website.
09 Aug 2024, 12:53:21 PM IST
Stock Markets Today Live Updates: TCS vs Tata Elxsi: Which Tata Group IT stock should you pick for long term?
- Investors seeking long-term opportunities in the IT sector are often drawn to the Tata Group’s prominent players: TCS and Tata Elxsi. While both stocks have their unique strengths, industry experts have varied opinions on which one holds more promise for the future. Let’s see what they say.
09 Aug 2024, 12:37:48 PM IST
Stock Markets Today Live Updates: Multibagger stock Starlineps Enterprises declares 1:5 stock split, 1:5 bonus shares. Details here
- Multibagger stock: Starlineps Enterprises share price has risen over 500% in the last five years
09 Aug 2024, 12:36:29 PM IST
Stock Markets Today Live Updates: The financial markets will disappoint your yen for stability
- The Japanese currency’s rapid appreciation could serve to trigger a global financial emergency.
09 Aug 2024, 12:33:30 PM IST
Stock Markets Today Live Updates: Neogen Chemicals stock surges 6% after Q1 results; Kotak Institutional lifts target price to ₹2,000
- According to Kotak Institutional Equities, the outlook for battery chemicals remains promising. The firm highlights strong interest from international customers in Neogen’s salts, where it stands as the most cost-effective non-China supplier.
09 Aug 2024, 11:34:08 AM IST
Stock Markets Today Live Updates: Ola Electric share price jumps 18% after flat debut. Buy, sell or hold?
- Ola Electric share price listed on BSE and NSE at ₹76 apiece and touched an intraday high of ₹89.90 per share on the NSE within an hour of share debut
09 Aug 2024, 11:19:09 AM IST
Stock Markets Today Live Updates: Stock market today: Sensex, Nifty 50 jump over 1% each; time to book profit?
- Stock market today: Sensex and Nifty 50 jumped over 1 per cent each on Friday morning. The Indian stock market has been experiencing high volatility recently, reacting to global cues, central banks’ actions, geopolitical tensions, Q1 earnings, and valuation concerns.
09 Aug 2024, 11:00:06 AM IST
Stock Market News Today Live Updates: Vilin Bio Med, Avalon Technologies & others hit 52 week low today ;Check the full list here?
- Following shares hit their 52 week low today – Vilin Bio Med, Avalon Technologies, Nandani Creation, Akshar Spintex, Equippp Social Impact Technologies
09 Aug 2024, 11:00:04 AM IST
Stock Market News Today Live Updates: Affle India, Lupin & others hit 52 week high today ; Do you own any?
- Following shares hit their 52 week high today – Affle India, Lupin, Zydus Lifesciences, ICICI Prudential Life Insurance Company, Colgate Palmolive India
09 Aug 2024, 10:22:07 AM IST
Stock Markets Today Live Updates: RVNL share price: Experts recommend ‘buy-on-dips’ despite weak Q1 results 2024
- RVNL share price has dropped from ₹566 to ₹515 apiece on the NSE in two successive sessions
09 Aug 2024, 10:21:26 AM IST
Stock Markets Today Live Updates: Suzlon Energy market cap hits ₹one lakh crore amid unbroken 5-month surge in stock price
- Investors have been optimistic about the company due to its strong quarterly financial performance, efforts to reduce debt, and significant order wins, which expanded its order book to 3.8 GW by the end of Q1 FY25—the largest in the company’s history.
09 Aug 2024, 10:11:25 AM IST
Mark To Market Today Live Updates: Chart Beat: IT sector margins ebb in Q1FY25 hurt by wage hikes, visa costs
- For FY25, IT giants Infosys and HCL Technologies have guided for Ebit margin range of 20-22% and 18-19%
09 Aug 2024, 10:02:10 AM IST
IPO News Today Live Updates: Ola Electric share price makes a flat debut as stock lists flat at ₹76 apiece on NSE
- Ola Electric shares were listed with a discount of 0.01% at ₹75.99 apiece on BSE.
09 Aug 2024, 10:00:21 AM IST
Stock Markets Today Live Updates: Markets to correct another 4/5%, use defensive approach, says Shrikant Chouhan of Kotak Securities
- Shrikant Chouhan, Head Equity Research, Kotak Securities expects markets to correct another 4/5 % from current levels. He advised investors to shift towards large-cap stocks for stability and better valuation opportunities in an increasingly volatile market. Edited excerpts.
09 Aug 2024, 09:31:58 AM IST
Stock Markets Today Live Updates: Eicher Motors share price rises 4% post Q1 Results that Beat estimates: Among Largest Nifty-50 stock gainers
- Stock Market today: Eicher Motors share price rises 4% post Q1 Results beat estimates. The stock was among largest Nifty 50 gainers
09 Aug 2024, 09:03:41 AM IST
Cryptocurrency Today Live Updates: The $230 million WazirX hack: How safe are your cryptocurrencies
- Even cryptocurrency exchanges with robust safety mechanisms have fallen prey to hackers. Some exchanges have been able to fully reimburse their customers, while others have left them stranded. Despite this, cryptocurrencies remain a strong attraction for investors.
09 Aug 2024, 09:00:23 AM IST
Stock Market News Today Live Updates: Mrs Bectors Food shines as green shoots of rural demand emerge
- Mrs. Bectors’ success story lies in premiumization strategy, strong branding, and expanding distribution network. The company’s revenue growth and focus on B2B segment indicate a positive outlook for future growth and market share expansion
09 Aug 2024, 08:54:21 AM IST
Stock Markets Today Live Updates: Breakout stocks to buy or sell: Symphony to Triveni Turbine — Sumeet Bagadia recommends five shares to buy today
- Stocks to buy or sell: Sumeet Bagadia has recommended five shares to buy today — Triveni Turbine, RPG Life Sciences, Igarashi Motors India, ITD Cementation India, and Symphony
09 Aug 2024, 08:38:56 AM IST
Stock Markets Today Live Updates: Nvidia, Intel, Tesla, among other US tech stocks rally push Nasdaq 3% higher
- Nvidia stock price rallied 6.13%, while Advanced Micro Devices shares surged nearly 5.95%. Intel share price jumped 7.9% and electric vehicle (EV) maker Tesla shares rose 3.69%.
09 Aug 2024, 08:05:06 AM IST
Stock Markets Today Live Updates: Stocks to watch: LIC, Eicher, Concor, Garden Reach, ABB India, Nazara, Biocon
- Here are a few stocks likely to be in focus on Friday, 9 August:
09 Aug 2024, 07:55:32 AM IST
Stock Markets Today Live Updates: Is moderation ahead for India’s 10-year bond yields? What should investors do?
- Since bond yields and prices move inversely, a rise in bond yields typically means that bond prices are falling. This could be due to higher interest rates or a decrease in bond demand.
09 Aug 2024, 07:36:45 AM IST
Stock Markets Today Live Updates: Buy or sell: Vaishali Parekh recommends three stocks to buy today — August 9
- Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — Tanla Platforms, Bharat Forge, and ICICI Prudential Life Insutance Company
09 Aug 2024, 07:30:38 AM IST
Stock Markets Today Live Updates: Nifty 50, Sensex today: What to expect from Indian stock market in trade on August 9
- The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 24,390 level, a premium of nearly 270 points from the Nifty futures’ previous close.
09 Aug 2024, 07:13:32 AM IST
Stock Markets Today Live Updates: Indian stock market: 8 key things that changed for market overnight – Gift Nifty, US stocks rally to jobless claims
- Indian stock market: Gift Nifty was trading around 24,385 level, a premium of nearly 265 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.
09 Aug 2024, 07:00:16 AM IST
Stock Market News Today Live Updates: NSE chief says Sebi proposals to curb F&O volumes to have very significant impact
- NSE CEO Ashishkumar Chauhan said the proposals raise a very important question for the future of the profitability of market infrastructure institutions, specifically stock exchanges.
09 Aug 2024, 06:53:26 AM IST
IPO News Today Live Updates: Ola Electric IPO listing date today. Here’s what GMP, experts signal
- Ola Electric IPO GMP today: The grey market is signalling that Ola Electric IPO listing price would be around ₹73, say market observers
09 Aug 2024, 06:20:17 AM IST
Stock Markets Today Live Updates: Stock market today: Trade setup for Nifty 50 and Sensex today; five stocks to buy or sell on Friday – August 9
- Stocks to buy today: Experts recommend these five shares to buy today: Century Plyboards, Manappuram Finance, IndusInd Bank, Hindustan Unilever, and HDFC Life Insurance.
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