Stock Market

Sensex Today | Stock Market LIVE Updates: Sensex off day’s high, up over 50 pts, Nifty above 22,400; oil & gas top sectoral gainer

12:30:10 PM IST, 04 March 2024

Crypto Price Today: Bitcoin trades above $63,000; Dogecoin, Shiba Inu jump up to 11%

Top cryptocurrencies were trading higher in Monday’s trade. While Bitcoin rose 2.2% in the last 24 hours and traded at $63,275 around 11:21 am IST, other major cryptos such as Cardano, Ethereum, Dogecoin, Shiba Inu, and Polkadot surged up to 11%. However, a few of the top crypto tokens such as Avalanche, Chainlink, Polygon, Solana, and XRP were the laggards.

Meanwhile, the global cryptocurrency market cap surged 1.5% to around $2.38 trillion in the last 24 hours.

“Bitcoin traded above the $63,000 mark over the weekend. The upswing in price is attributed to growing mainstream adoption of spot Bitcoin ETFs and approaching Bitcoin Halving event. BTC is eyeing towards $67,150 resistance level, if the momentum continues, a close above it this week could signal the potential for a new all-time high,” said Edul Patel, CEO of Mudrex.

12:26:43 PM IST, 04 March 2024

Japan’s Nikkei breaches 40,000 level as investor sentiment flies high

Japan’s main stock benchmark breached 40,000 points for the first time to end Monday at a record closing high, as corporate governance reform and solid valuations continue to pave the way for long-term global investor interest.

As technology shares jumped, tracking their U.S. counterparts, the Nikkei share average finished the day up 0.5% at 40,109.23.

12:04:55 PM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Pritika Engineering Components secures Rs 24 crore annual order

11:41:23 AM IST, 04 March 2024

Stock Market LIVE Updates | Sula Vineyards: Signs agreement for a new tasting room and bottle shop close to Nashik airport

11:30:23 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Swan Energy subsidiary Swan LNG Pvt Ltd prepays Rs 2206 crore loan

11:18:17 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Vipul Organics bags an order to supply pigment dyes worth Rs 7.15 crore to Tamil Nadu Newsprint and Paper Limited (TNPL).

11:14:27 AM IST, 04 March 2024

Moody’s raises India’s 2024 growth forecast to 6.8 pc

Global rating agency Moody’s on Monday raised India’s growth forecast for 2024 calendar year to 6.8 per cent, from 6.1 per cent estimated earlier, on the back of ‘stronger-than-expected’ economic data of 2023 and fading global economic headwinds. India’s real GDP expanded 8.4 per cent year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7 per cent growth for full-year 2023.

Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, Moody’s Investors Service said.

11:00:28 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Google reinstated Info Edge’s Naukri, 99acres and NaukriGulf on Google Play

10:39:08 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Tata Investment Corporation says that the co has not entered into any discussion for investment in any Semi-Conductor Manufacturing

10:37:40 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Railtel Corp receives work order from State Transport Authority,Odisha amounting to Rs. 87.85 Crore

10:26:02 AM IST, 04 March 2024

Japan’s Nikkei 225 share benchmark tops 40,000, lifted by technology stocks

Japan’s Nikkei 225 share benchmark topped 40,000 on Monday for the first time as strong demand for technology shares keeps pushing the index higher.

By midday in Tokyo, the index had gained 0.8% to 40,226.83.

Shares in computer-chip related companies rallied, with Renesas Electronics Corp. jumping 5.8% and Advantest Corp. up 3.9%. Olympus gained 7.4%.

10:14:55 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Shares of NTPC jumped nearly 4% on Monday to hit their 52-week high of Rs 354 on the NSE after the company informed exchanges about the approval of investments worth Rs 17,195.31 crore for Stage-III (2×800 MW) Singrauli Super Thermal Power Project by its Board.

10:05:35 AM IST, 04 March 2024

Stock Market LIVE Updates | Owais Metal and Mineral SME stock lists at 187% premium

NSE – Rs 250 (Up Rs 163 or 187.4%)

09:53:59 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Tata Investments traded with a 5% upper circuit after the Union Cabinet last week approved Tata Group’s two semiconductor plant proposals.

09:46:05 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Miniratna state-owned manganese ore mining company MOIL shares rose 7% after the company’s manganese ore production increased 15% year-on-year in February.

09:41:28 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | CLSA on Steel stocks: Tata Steel, JSW Steel and JSPL

CLSA downgraded Tata Steel to sell from outperform and has also slashed the target price to Rs 135 from Rs 145.The global investment bank also downgraded JSW Steel to a sell from underperform and has also slashed the target price to Rs 730 from Rs 810.CLSA maintained an underperform rating on JSPL but raised the target price to Rs 840 from Rs 820.The profit pool in India should incrementally move towards miners from converters as steel capacity addition picks up pace. The valuations for steel stocks have risen, while spreads are at a trough. Consensus estimates are not factoring in spread compression.

09:35:10 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Angel One says Feb number of orders at 172.66 million, up 106.8% Y/Y

09:25:53 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Godrej Properties says co to develop township project in Bengaluru

09:24:08 AM IST, 04 March 2024

Rupee rises 5 paise to 82.86 against US dollar in early trade.

09:22:41 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Adani Ports records 33% YoY jump in cargo volumes during Feb’24

09:22:14 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates | Biocon says Biocon Biologics secures Canada market entry date for Yesafili

09:21:29 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: IEX, Tata Steel among most active stocks in morning trade

09:20:10 AM IST, 04 March 2024

Opening Bell: Nifty hits fresh high, Sensex jumps 150 pts; NTPC rises 3%, JSW Steel drops 2%

09:11:56 AM IST, 04 March 2024

Stock Market LIVE Updates: Bitcoin bounces beyond $64,000 as records beckon

– Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin’s record high is $68,999.99 set in November 2021.The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds.

09:09:28 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex rises 100 points; Nifty above 22,400

08:58:11 AM IST, 04 March 2024

“The massive 350-point rally in the Nifty on Friday was primarily driven by the far better-than-expected Q3 GDP numbers which came at 8.4% YoY. This hot number which indicates strong momentum in the economy triggered short covering leading to the 350 point spurt in the Nifty. While the GDP numbers are good it is important to understand that there is a statistical aberration in the numbers. The GVA in Q3 is only 6.5%. The big differential is due to the 32% spurt in indirect taxes. It is also important to remember that the consumption numbers are tepid. In brief, there is room for optimism but there is no case for unbridled bullishness. The SEBI advisory to mutual funds regarding the excessive valuations in the mid and small cap schemes is likely to restrain the performance of the broader market. The irrational exuberance in the broader segment has no fundamental justification.”

– V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

08:52:54 AM IST, 04 March 2024

Stock Market LIVE Updates: Adani Green Energy gives initial guidance for 18-year dollar bonds: bankers

Adani Green Energy is planning to raise funds through U.S. dollar-denominated 18-year bonds, and has provided initial guidance of raising $409 million for a coupon of around 7.1250%, two bankers said on Monday. This will be the Adani group’s first dollar-denominated bond issue after a report by U.S. short-seller Hindenburg Research in January 2023 led to a sell-off in stocks and overseas-listed bonds of Adani group companies.

08:45:12 AM IST, 04 March 2024

Stock Market LIVE Updates: Nikkei breaches 40,000 level for first time

Japan’s benchmark Nikkei index surpassed the 40,000 mark for the first time on Monday following gains on Wall Street.The Nikkei added 0.84 percent, or 334.87 points, to 40,245.69 shortly after the opening bell, while the broader Topix index rose 0.30 percent or 8.07 points to 2,717.49.The dollar stood at 150.04 yen, compared with 150.11 yen seen Friday in New York.

08:14:11 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: Gold near two-month high as hopes for mid-year US rate cut rise

Gold prices hovered near a two-month high on Monday, after softer U.S. economic data last week raised hopes for a June interest rate cut by the Federal Reserve, sending the dollar and treasury yields lower.

08:13:30 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: Nikkei leads Asia higher into event-packed week

Asian share markets firmed on Monday as the Nikkei reached another new high and investors braced for a week packed with central bank events and major data that will refine market wagers for when interest rates will start falling.

07:52:03 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: Dollar eases as Fed clues awaited; bitcoin hits 2-year high

The U.S. dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts.

07:51:31 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: Oil rises after OPEC+ extends output cuts

Oil prices rose on Monday after OPEC+ members agreed to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter, largely in line with market expectations.

07:26:23 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: Japan’s Nikkei surpasses 40,000 points for first time

Japan’s benchmark Nikkei index surpassed the 40,000 mark for the first time on Monday following gains on Wall Street. The Nikkei added 0.84 percent, or 334.87 points, to 40,245.69 shortly after the opening bell, while the broader Topix index rose 0.30 percent or 8.07 points to 2,717.49.

07:26:30 AM IST, 04 March 2024

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

GIFT Nifty on the NSE IX traded higher by 55 points, or 0.24 per cent, at 22,505.50, signaling that Dalal Street was headed for positive start on Monday.

07:26:36 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: Tech View: Bullish Marubozu candle

“Nifty closed above the crucial resistance zone of 22,250-300 levels on weekly closing basis and we believe that as long as Nifty is holding above 22,000 mark, the rally is likely to continue and it can test the next resistance zone of 22,450-500 on an immediate basis and eventually Nifty can test level of 22,700 on the higher side,” said Tejas Shah, Technical Research, JM Financial & BlinkX.

07:27:03 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: Rupee slips 2 paise against US dollar

The rupee declined 2 paise to close at 82.91 against the US dollar on Friday amid rising crude oil prices in the overseas market and increased demand for the American currency from importers.

07:27:14 AM IST, 04 March 2024

Sensex Today | Stock Market LIVE Updates: S&P 500, Nasdaq close at fresh records on AI boost, easing yields

U.S. stocks rose on Friday, with the S&P 500 and Nasdaq closing at record highs, as technology stocks rallied on continued enthusiasm for artificial intelligence, with further support from declining Treasury yields.

07:27:22 AM IST, 04 March 2024

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

While The S&P BSE Sensex recorded a new lifetime high of 73,994.7 before settling at 73,806.15, higher by 60.80 points or 0.08%, the broader Nifty closed at 22,378.40, higher by 39.65 or 0.18%. The 50-stock index scaled a new peak of 22,419.55.


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