Sensex Today | Stock Market LIVE Updates: Sensex falls 200 pts, Nifty below 22,650; Paytm jumps 5%, Tata Steel drops 3%

09:19:42 AM IST, 30 May 2024

Forex News | Rupee falls in early trade

Rupee falls 3 paise to 83.43 against US dollar

09:18:45 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates | Tata Steel, YES Bank among top moevrs in morning trade

09:17:55 AM IST, 30 May 2024

Opening Bell

Sensex falls 200 pts, Nifty below 22,650; Paytm jumps 5%, Tata Steel drops 3%

09:08:12 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex slips over 150 points; Nifty below 22,620

09:02:02 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | JEFFERIES ON TATA STEEL

• Maintain Buy with target price of Rs 200
• Q4 First Cut: Weak but Better-than- Estimates
• Standalone EBITDA/t fell 12% QoQ to ~Rs15K, pulled down by lower ASP
• Europe EBITDA/t loss narrowed sharply from -$191 in Q3 to -$40 in Q4

09:01:53 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | NOMURA ON CUMMINS

• Maintain Neutral with target price of Rs 3,040
• Earnings beat led by strong margins
• Margin beat attributed to higher growth in the High Horse Power (HHP) segment, retention of pricing power, and correction in pig iron prices
• Remain positive on Cummins’ growth trajectory in the genset business

09:01:43 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | NOMURA ON EUREKA FORBES

• Upgrade to Buy from Neutral; Cut target price to Rs 534 from Rs 568
• Investing for growth
• Focus on premium launches to drive revenue growth
• Margin tailwinds in place
• Valuations attractive

09:01:33 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | AXIS CAP ON INDIGO

• Upgrade to Buy from Add; Hike target price to Rs 4,700 from Rs 4,100
• Upgrade to BUY on benign competition and ATF prices
• Supply shortages to keep airfares elevated
• ATF prices have remained benign, despite geopolitical issues
• IndiGo’s mega plans for years ahead; faith in ability to mitigate supply issues

09:01:24 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | CITI ON RR KABEL

• Maintain Buy; Hike target price to Rs 2,043 from Rs 1,728
• Broadly inline Q4
• Continues to experience strong industry demand growth tailwind
• See revenue growth of 18-20% over medium term and EPS CAGR of 27% over FY24-26

09:01:16 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | JEFFERIES ON PRESTIGE ESTATES

• Maintain Underperform; Hike target price to Rs 1,215 from Rs 985
• FY25 Outlook: Large Guidance, Execution Key
• Planned launch pipelines is 2x of pre-sales guidance and somewhat back-ended
• Management highlighted plans for an IPO of the business by mid- FY25

08:35:58 AM IST, 30 May 2024

Pre-market view: Prashanth Tapse, Senior VP (Research), Mehta Equities

Anxiety prevails at Dalal Street with concerns over the ruling BJP’s potential slim victory margin impacting bold reforms, as May F&O contracts expire today. Key Q4 results from Apollo Hospitals, Bharat Dynamics, Godfrey Philips, Muthoot Finance, and Swan Energy are awaited. Volatility is expected, driven by US PCE inflation data at 6 PM IST and a significant overnight drop in the Dow Jones.

08:03:23 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Asian stocks, bonds slump over global rates angst

Asian stocks painted a grim picture on Thursday, with most markets experiencing losses, while bonds witnessed a decline amid expectations that global interest rates would remain elevated for an extended period. Investors eagerly awaited crucial inflation data towards the week’s end, seeking additional guidance on the trajectory of monetary policy going forward.

07:58:10 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Oil prices dip on demand woes as markets await U.S crude stockpiles data

On Thursday, oil prices experienced a decline as the market awaited the latest data on U.S. crude oil inventories. Meanwhile, the resilient economic activity in the United States suggested that borrowing costs might remain elevated for an extended period, potentially dampening demand.

07:55:04 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Dollar rises as surging US yields spur demand for safe havens

On Thursday, the dollar surged to a two-week high against its major counterparts, benefiting from a sell-off in Treasuries. This boost in the currency’s appeal was driven by both elevated U.S. yields and increased demand for safe-haven assets.

07:53:33 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Gold prices flat ahead of US inflation data

Gold prices remained steady on Thursday as investors awaited a crucial U.S. inflation report, which could offer additional insights into the Federal Reserve’s policy direction.

07:42:21 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Stocks in news: Apollo Hospitals, Muthoot Finance, Tata Steel, Kfin Tech, RR Kabel

The equity markets sustained pressure throughout Wednesday’s session, influenced by weak global cues and uncertainties surrounding election outcomes, resulting in a significant downturn. Here are some stocks expected to be in focus today.

07:41:33 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Stock Radar: Granules stock rallies 50% in 1 year! Takes support above Rising Wedge formation

Granules India, operating within the pharmaceutical sector, displayed range-bound movement but has exhibited a remarkable rally of over 50% in the past year. Notably, it found support above the broadening rising wedge formation and subsequently rebounded.

07:23:18 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Quarterly earnings today

Apollo Hospitals, Muthoot Finance and a slew of other companies will announce their fourth quarter results today.

07:23:24 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock action

On Wednesday, domestic blue-chip indices experienced their most challenging session in almost three weeks, primarily driven by losses in heavyweight financials and IT stocks. The prevailing uncertainty surrounding domestic election outcomes and the timing of U.S. rate adjustments further exacerbated the market downturn.The BSE Sensex recorded a notable decline of 667 points, equivalent to 0.89%, settling at 74,503. Similarly, the NSE Nifty witnessed a drop of 183 points, representing a 0.80% decrease, concluding at 22,704.

07:23:31 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Market Trading Guide: HUDCO, Biocon among 8 stock recommendations

On Wednesday, benchmark equity indices continued their downward trend for the fourth consecutive session, with significant losses observed in heavyweight financials and IT stocks. The S&P BSE Sensex closed 0.9% lower, settling at 74,503, while the NSE Nifty50 index concluded just above the 22,700 level. 5 stock recommendations for Thursday include EID Parry, Manali Petrochem, HUDCO, Biocon and ACE, Divi’s Laboratories, Paras Defence and Garware Technical.

07:23:38 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Technical Breakout Stocks: How to trade JSW Infra, Coromandel International & Power Finance

Several stocks reached fresh highs, including JSW Infrastructure, which surged by over 2%. However, Coromandel International experienced a reversal, paring its gains and closing flat with a negative bias. Additionally, Power Finance witnessed a decline of over 1% after reaching a fresh 52-week high during the trading session.

07:23:46 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a negative start

GIFT Nifty on the NSE IX traded lower by 59.50 points, or 0.26 per cent, at 22,661.50, signaling that Dalal Street was headed for negative start on Thursday.

07:23:54 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Rupee falls 22 paise to close at 83.40 against US dollar

The Indian rupee closed 22 paise lower against the US dollar, settling at 83.40. This decline was attributed to several factors, including a negative trend in domestic equities, elevated crude oil prices, and foreign fund outflows.

07:24:02 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Wall Street ends lower amid rate concerns, higher bond yields

US stocks fell on Wednesday amid further gains in Treasury yields and concern over the timing and scale of possible interest rate cuts from the Federal Reserve.

07:24:08 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Tech View: Dark cloud pattern seen on Nifty charts

On Wednesday, the Nifty index experienced a significant decline of 183 points, closing near the 22,700 level. This downward movement was accompanied by the formation of a dark cloud cover candlestick pattern on the daily chart.

07:24:14 AM IST, 30 May 2024

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday

The Indian benchmark equity indices concluded in the negative territory for the fourth consecutive session on Wednesday, primarily due to losses in heavyweight financials and IT stocks. The uncertainty surrounding the June 4 election results and the timing of US rate cuts also contributed to the market downturn. The 30-share BSE Sensex saw a decline of 668 points, equivalent to 0.89%, settling at 74,503. Similarly, the broader NSE Nifty witnessed a drop of 183 points, accounting for 0.80%, to conclude at 22,704.