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Share Market Today Live Updates May 23, 2024: Multibagger Stock: HBL Power Systems shares soared 1254% in 3 years, jumped over 5360% in a decade

Share Market 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.

23 May 2024, 05:20 PM IST
Stock Markets Today Live Updates: Multibagger Stock: HBL Power Systems shares soared 1254% in 3 years, jumped over 5360% in a decade

  • HBL Power Systems has seen a remarkable gain of 394% in the past year, with long-term investors enjoying staggering returns of 1254% in three years and 2143% in five years. The stock has surged by 5367% in a decade, consistently delivering positive annual returns.


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23 May 2024, 05:00 PM IST
Stock Markets Today Live Updates: Nifty IT jumps 1.3% as Nifty 50, Sensex hit record high led by midcap names: Should you buy, sell or hold?

  • Stock Market Today: Nifty IT Index rebounds 1.3% on Thursday and was among top sectoral performers. IT companies such as Coforge, Persistent, TCS, Mphasis, LTIMindtree, Infosys share prices gained up to 4% . Should you Buy, Sell or Hold the stocks?


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23 May 2024, 04:25 PM IST
Mark To Market Today Live Updates: Paytm: Loan distribution business needs to hold the fort

  • The success of Paytm’s loan distribution business is crucial for offsetting losses from its payment services amid increased competition from new entrants and ongoing regulatory uncertainties


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23 May 2024, 04:25 PM IST
Stock Markets Today Live Updates: Nifty above 22,900: What next for the index as poll results approach? Experts advise what investors should do now

  • Market buoyancy continued as Nifty reclaimed record high, gaining over 1.5%. Positive trend expected to persist with banking index adding momentum. Focus on heavyweight stocks advised.


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23 May 2024, 04:03 PM IST
Stock Markets Today Live Updates: Top Gainers and Losers today on 23 May, 2024: Adani Enterprises, Adani Ports & Special Economic Zone, Sun Pharmaceutical Industries, Power Grid Corporation Of India among most active stocks; Check full list here

  • Top Gainers and Losers Today : The Sensex gained 1196.98 points, or 1.61, to settle at 74221.06, while the Nifty gained 369.85 points, or 1.64, to close at 22597.8.


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23 May 2024, 03:31 PM IST
Stock Markets Today Live Updates: ₹7.50/Share: FMCG giant ITC declares final dividend for FY24 with Q4 results; Record date fixed

  • ITC Dividend: The FMCG giant announced a final dividend for FY24 and has fixed the record date as July 4


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23 May 2024, 03:03 PM IST
Stock Markets Today Live Updates: Adani Enterprises hits new 52-week high on report it may replace Wipro on BSE Sensex

  • IIFL Alternative Research projects Adani Enterprises’ inclusion in the Sensex, potentially leading to significant inflows. It forecasts 1,000 crore inflows if Adani Enterprises joins Sensex. The BSE is expected to announce its index reconfiguration tomorrow.


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23 May 2024, 03:00 PM IST
IPO News Today Live Updates: Awfis Space IPO: 10 key risks investors should know before subscribing to the ₹599 crore issue

  • Awfis Space Solutions offers flexible workspace solutions for various businesses. Promoters Peak XV and Amit Ramani hold 41.05% equity shares. The IPO includes fresh offering of 128 crore and OFS of up to 12,295,699 equity shares.


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23 May 2024, 02:34 PM IST
Stock Markets Today Live Updates: Record high! These 5 heavyweight stocks contribute over 50% to Sensex’s 1,115 points run

  • Top 5 index heavyweights drove over 50% of Sensex’s 1,115-point surge, hitting a record high of 75,336.44. Rally fueled by strong Q4 earnings, RBI’s record dividend payout, election outcome certainty, and reduced foreign selling.


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23 May 2024, 02:28 PM IST
Mark To Market Today Live Updates: For Ramco Cements, quick revival looks challenging as concerns galore

  • A quick reversal in Ramco’s fortunes appears unlikely due to the multiple company-specific overhangs amid weak prices in core markets


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23 May 2024, 02:03 PM IST
Commodity News Today Live Updates: Emkay projects Brent oil price range at $83 to $92 per barrel in short term

  • Analysing the current state of Brent oil prices, the brokerage highlighted that their recent range-bound nature, is occasionally influenced by geopolitical tensions.


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23 May 2024, 01:36 PM IST
Stock Markets Today Live Updates: Responsive Industries shares jumped over 145% in 14 months; should you invest now?

  • Ventura Securities initiates coverage on Responsive Industries, citing long-term growth opportunities in vinyl tiles. Imposition of 25% import duty on Chinese products in the US creates opportunities for Indian manufacturers.


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23 May 2024, 01:34 PM IST
Stock Markets Today Live Updates: Stock market today: Sensex, Nifty 50 jump 1% each; why is the Indian stock market rising?- explained with 5 key factors

  • Stock market today: The Indian stock market, the Sensex and the Nifty 50 jumped over a per cent each in intraday trade on BSE on Thursday, May 23.


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23 May 2024, 01:21 PM IST
Stock Markets Today Live Updates: Jio Financial Services to seek shareholder nod for foreign investments through equity: Report

  • Jio Financial Services to seek shareholder nod for foreign investments through equity: Report


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23 May 2024, 01:09 PM IST
Stock Markets Today Live Updates: Lok Sabha Election 2024: Nifty 50 may see a rally to 23,000, but can that last longer? Bernstein answers

  • Lok Sabha Election 2024: Bernstein analyses four scenarios post-Lok Sabha elections. Depending on the BJP’s seat range, there may be varying market reactions. Higher seats for the BJP could lead to a market rally, while lower seats may result in heavy profit booking.


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23 May 2024, 12:41 PM IST
Stock Markets Today Live Updates: Sebi’s new circular for stock brokers: What does it say about email and SMS alerts to investors?

  • The brokers are told that they will have to ensure that the mobile numbers/ email ids of their employees or remisiers and authorised persons are not uploaded on behalf of their clients.


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23 May 2024, 12:36 PM IST
Stock Markets Today Live Updates: IT Sector Q4 Review: Axis recommends buying Persistent Systems, KPIT Tech after March quarter results – here’s why

  • Persistent Systems and KPIT Technologies are top sector ideas with ‘buy’ calls and potential upsides of over 24% and 16%, respectively. Both companies have shown consistent growth amidst challenging times and have strong deal pipelines.


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23 May 2024, 12:12 PM IST
Stock Markets Today Live Updates: Nifty Metal skyrockets nearly 1,100 points in just 9 sessions, gains over 24% in 2024 – here’s why

  • Metal stocks surge as industrial metal prices rise, driving investor optimism. Nifty Metal is up 24.34% in 2024. Hindustan Zinc leads gains, up 126% in CY24, followed by Vedanta, MOIL, NALCO, Jindal Steel, SAIL, Coal India, and NMDC.


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23 May 2024, 11:58 AM IST
Stock Markets Today Live Updates: Stock Check: Down over 40% from the IPO price, should you buy Star Health now? Here’s what experts say

  • Star Health and Allied Insurance shares have been underperforming since their December 2021 debut, trading now at 539.30 apiece, over 40% lower than the IPO price.


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23 May 2024, 11:45 AM IST
IPO News Today Live Updates: Awfis Space IPO oversubscribed on Day 2, with retail, NIIs support. Check GMP, subscription status, more. Apply or not?

  • Awfis Space, a market leader in flexible workspace, offers significant growth potential with a dominant position in the market. Financial statements show increased revenue and reduced losses, with a positive outlook for future profitability. Investors willing to take risks can subscribe to the IPO.


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23 May 2024, 11:00 AM IST
Stock Market News Today Live Updates: United Polyfab Gujarat, Brightcom Group & others hit 52 week low today ;Check the full list here?

  • Following shares hit their 52 week low today – United Polyfab Gujarat, Brightcom Group, GSS Infotech, MEGASTAR FOOD, Atal Realtech


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23 May 2024, 11:00 AM IST
Stock Market News Today Live Updates: Macrotech Developers, Bharat Electronics & others hit 52 week high today ; Do you own any?

  • Following shares hit their 52 week high today – Macrotech Developers, Bharat Electronics, Eicher Motors, Interglobe Aviation, Indian Railway Catering & Tourism Corporation


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23 May 2024, 10:56 AM IST
Stock Market News Today Live Updates: Go Digit share price gains 7% post moderate listing . Should you Buy, Sell or Hold the stock?

  • Stock market today: Go Digit General Insurance share price listed with slight 5% premium over the issue price on the NSE at 286 , in line with the analyst expectations and the GMP. The stock however gained almost 7% post listing Should you But, Sell or Hold the stock? Here’s what experts say-


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23 May 2024, 10:52 AM IST
Stock Markets Today Live Updates: Quest Laboratories listing: Quest Lab share price lists at 60% premium on NSE

  • Quest Laboratories listing: Shares of Quest Laboratories got listed at a premium of nearly 60 per cent at 155 apiece against its issue price of 97 on NSE.


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23 May 2024, 10:34 AM IST
Mark To Market Today Live Updates: Chart beat: Sobha’s debt drops significantly from peak to multi-year low

  • Over the past four years, Sobha has reduced its net debt by 58% from a peak of 3,020 crore in FY20 to 1,260 crore by the end of FY24.


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23 May 2024, 10:24 AM IST
Stock Markets Today Live Updates: Multibagger PG Electroplast stock gains over 8% to record high on solid Q4 show, up 3670% in 5 years

  • PG Electroplast, a leading Indian EMS provider, reported impressive financial performance for Q4 and FY24. The company’s product business sales grew by 25% in Q4FY24. PGEL projects a substantial revenue increase to 3,400 crores in FY2025.


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23 May 2024, 10:17 AM IST
Stock Markets Today Live Updates: Q4 Results Reaction: Garden Reach Shipbuilders soar over 18% to new high as profit doubles in March quarter

  • Garden Reach Shipbuilders & Engineers stock surges over 18% to 1,410.15 after strong Q4FY24 results. Net profit more than doubles YoY to 111.60 crore. Sales jump 68.96% YoY to 1015.73 crore. EBITDA triples to 90.5 crore in the quarter.


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23 May 2024, 10:15 AM IST
Commodity News Today Live Updates: Gold and silver prices today on 23-05-2024: Check latest rates in your city

  • Gold And Silver Prices Today:Gold And Silver Prices Today : 10 gm of 24 carat gold was at Rs.75562.0 in Delhi whereas 1 kg of silver was Rs.92980.0 in Delhi.


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23 May 2024, 10:04 AM IST
Stock Markets Today Live Updates: Top Stock Recommendations: Osho Krishan of Angel One suggests buying Ipca Lab, and NRB Bearing today

  • Top Stock Recommendations: Osho Krishan, Sr. Analyst, Technical & Derivatives of Angel One, recommends buying Ipca Laboratories Ltd (Ipca Lab), and NRB Bearing Ltd.


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23 May 2024, 10:00 AM IST
IPO News Today Live Updates: Go Digit share price makes a lukewarm debut, stock opens with a mere 5% premium at ₹286 apiece on NSE

  • Go Digit share price saw lukewarm debut on bourses with share price opening at 286 on NSE and 281.10 on BSE. Subscription status on final day was 9.60 times, with QIBs at 12.56 times, non-institutional investors at 7.24 times, and RIIs at 4.27 times.


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23 May 2024, 09:53 AM IST
Stock Markets Today Live Updates: Jubilant FoodWorks share price jumps 5% after 7-fold YoY jump in Q4 profit

  • Jubilant FoodWorks share price surged a day after reporting Q4 results. The company’s consolidated net profit for Q4FY24 jumped over 630 per cent YoY to 208.25 crore, with revenue rising by 24 per cent YoY.


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23 May 2024, 09:00 AM IST
Stock Markets Today Live Updates: Mint Explainer: How Sebi wants to prevent insider trading violations

  • Sebi has laid out a framework for calculating an unaffected share price for transactions on the stock exchanges if there is a material price movement due to rumours, and if such rumours are confirmed by a listed company within 24 hours


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23 May 2024, 08:39 AM IST
Stock Markets Today Live Updates: Stock market today: Trade setup for Nifty 50 to India VIX, five stocks to buy or sell on Thursday — May 23

  • Stocks to buy today: Experts have recommended buying these five shares — Tata Consumer Products, GMR Airports Infrastructure, Mahindra & Mahindra Financial Services, Divi’s Laboratories, and Infosys.


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23 May 2024, 08:26 AM IST
Stock Markets Today Live Updates: Stocks to watch: Grasim, Sun Pharma, Power Grid Corp., Nykaa, Garden Reach Shipbuilders

  • Here are a few stocks likely to be in focus on Thursday, May 23:


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23 May 2024, 08:25 AM IST
Stock Markets Today Live Updates: Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 23

  • Gift Nifty was trading around 22,658 level, a premium of barely 8 points from the Nifty futures’ previous close


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23 May 2024, 08:00 AM IST
Stock Markets Today Live Updates: Indian stock market: 5 key things that changed for market overnight – Gift Nifty to Nvidia results, US Fed meet minutes

  • Indian stock market: Gift Nifty today morning is trading lower by more than 10 points from Wednesday close. The Indian stock market is expected to open with minor losses


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23 May 2024, 07:49 AM IST
IPO News Today Live Updates: Go Digit IPO listing date today. Here’s what GMP, experts say on share debut

  • Go Digit General Insurance IPO listing today with subdued GMP of 30, 11% over issue price. Strong fundamentals and technological edge may lead to respectable listing despite market volatility.


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23 May 2024, 06:46 AM IST
Stock Markets Today Live Updates: Buy or sell: Vaishali Parekh recommends three stocks to buy today – May 23

  • Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — TD Power Systems Ltd, Granules India Ltd, and Westlife Foodworld Ltd.


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