Share Market HIGHLIGHTS: Sensex ends 286 pts lower, falls for 2nd day, Nifty settles below 19,450 amid broad-based selling
Share Market HIGHLIGHTS: A rout in global bond markets amid rate hike worries and elevated crude oil prices spooked investors all over the world, including India, on Wednesday, October 4. The S&P BSE Sensex declined as much as 633 points during the day before recovering some lost ground.
At close, the 30-share index of the BSE stood at 65,226.04, down 286 points, or 0.44 per cent while its NSE counterpart, NIfty50, ended at 19,436.10, down 93 points, or 0.47 per cent.
In the broader market, the Nifty Mid Cap 100 and Small Cap 100 also ended lower. On the sectoral front, Nifty Bank was down 0.98 per cent at 43,964.05.
Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog:
Share Market HIGHLIGHTS: A rout in global bond markets amid rate hike worries and elevated crude oil prices spooked investors all over the world, including India, on Wednesday, October 4. The S&P BSE Sensex declined as much as 633 points during the day before recovering some lost ground.
At close, the 30-share index of the BSE stood at 65,226.04, down 286 points, or 0.44 per cent while its NSE counterpart, NIfty50, ended at 19,436.10, down 93 points, or 0.47 per cent.
In the broader market, the Nifty Mid Cap 100 and Small Cap 100 also ended lower. On the sectoral front, Nifty Bank was down 0.98 per cent at 43,964.05.
Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog:
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Share Market HIGHLIGHTS | Sensex ends 286 pts lower, Nifty settles below 19,450 amid broad-based selling
Nifty 50
Nifty settles below 19,450, down 0.47 per cent.
Source: NSE
Sensex
Sensex ends 286 points lower, at 65,226.
Source: BSE
Share Market HIGHLIGHTS | Axis Bank, SBI, IndusInd Bank emerge as top losers in 50-scrip blue-chip basket
Axis Bank, SBI, IndusInd Bank and NTPC are among the top losers, down nearly 5-2 per cent. On the other hand, Adani Enterprises, Nestle India, HDFC Bank and HUL are among the top gainers in the Nifty basket, trading with gains of around 3-1 per cent.
Source: NSE
Share Market Today LIVE | V-Mart Retail Q2 business leaves Street unimpressed
V-Mart Retail (VMART) shares give up initial intraday gains to hit a 52-week low on Wednesday, October 4, a day after the retail store chain operator pegged single-digit growth in revenue in the quarter ended September 30, 2023, and said that a shift in the Hindu calendar this year moved the festive season to the next quarter. The festive season in the country typically sees higher footfalls in shopping malls and retail stores as consumers line up their discretionary spends around this time. In a quarterly business update, released post-market hours on Tuesday, V-Mart said its total revenue grew eight per cent on a year-on-year basis to Rs 549 crore in the quarter ended September 30. That included revenue of Rs 22 crore from its digital marketplace, LimeRoad, as income charged from sellers on a net merchandising value (NMV) of Rs 54 crore. Read more
Image source: Pexels/ Representational image
Share Market Today LIVE | Titagarh stock rises 2% after wagon manufacturer signs Rs 857 crore deal with Surat Metro
Shares of Titagarh Rail Systems trade 0.82 per cent higher at Rs 777, after the wagon manufacturer signed a Rs 857 crore contract with Surat Metro Rail Phase I Project for the design, manufacturing, supply, testing, commissioning, and training of 72 standard gauge cars. Closing at Rs 770.65 on Tuesday, the stock of Titagarh Rail Systems started its journey on Wednesday at Rs 800.05 and reached the day's high of Rs 810. Read more
Share Market Today LIVE | All sectors turn red; financial shares drag Nify 50
Source: NSE
Share Market Today LIVE | Sensex falls nearly 550 pts, Nifty above 19,350 amid broad-based selling
Nifty 50
Source: NSE
Sensex
Source: BSE
Share Market Today LIVE | Bajaj Finserv's subsidiary gets GST notice worth Rs 1,010 crore; stock declines over 2%
Bajaj Finserv shares slip over 2 per cent to touch the day's low of Rs 1,525 apiece, the downtrend follows after the company's unlisted subsidiary, Bajaj Allianz General Insurance Company Limited, received a show cause notice from the Directorate General of Goods and Services Tax (GST) Intelligence of Rs 1,010 crore.
"Bajaj Allianz General Insurance Company Limited (“BAGIC”), an unlisted material subsidiary of the Company, has received a Show Cause Cum Demand Notice from the Directorate General of GST Intelligence, Pune Zonal Unit, under Section 73(1) of the Central Goods and Services Tax Act, 2017 (“the Act”), on 29 September 2023 alleging a tax demand of Rs. 1010,05,80,540/-," the regulatory filing read. Read more
Share Market Today LIVE | HDFC Bank shares recover day's losses after lender's strong Q2 update
HDFC Bank shares leaps into the green on Wednesday riding on the back of a strong quarterly business update by the country's largest private-sector lender. The HDFC Bank stock gained by as much as Rs 18.8 per cent, or 1.2 per cent, to Rs 1,526.8 apiece on BSE, staging a sharp recovery after weakening about one per cent in the first few minutes of trade.
HDFC Bank said its total deposits grew 18.2 per cent on a year-on-year basis to Rs 21,73,000 crore in the quarter ended September 30. Its gross advances aggregated to Rs 23,54,500 crore, marking an increase of 57.7 per cent compared with the year-ago period. Read more
Share Market Today LIVE | D-Mart operator Avenue Supermarts surges nearly 4% post-Q2 business update but Citi maintains 'SELL'
Shares of Avenue Supermarts, the entity that owns and operates the supermarket chain D-Mart, trade 3.6 per cent higher at Rs 3,860 on NSE, a day after the company shared its Q2FY24 business update. The company said that its revenue during the July-September period of the current fiscal came in at Rs 12,307.72 crore, up 18.5 per cent against Rs 10,384.66 crore registered in the corresponding quarter of the previous fiscal. The total number of stores as of September 30, 2023 stood at 336. Read more
Stocks to Buy | Bajaj Finance, Bank of India, EIH among analysts' top picks today
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Ambareesh Baliga, Vishvesh Chauhan and Sumeet Bagadia share their top recommendations for the day in this special segment, Pick of the Day. On the top analysts' 'buy' list are stocks such as Bajaj Finance, Aether Industries and Bank of India. Read more
Share Market Today LIVE | Maruti Suzuki shares slide after dip in production and Rs 2,159.70 crore income tax notice
Maruti Suzuki shares trade on a lower note, sliding 1.68 per cent, or Rs 173.95, at Rs 10,172.95 apiece on NSE. The stock's lacklustre trade comes a day after the automaker announced a 1 per cent dip in its total vehicle production, and the income tax department slapped it with a Rs 2,159.70 tax office. Read more
Share Market Today LIVE | Bank of Maharashtra shares surge to 52-week high on strong Q2 update
Bank of Maharashtra (MAHABANK) shares soar to a 52-week high on Wednesday after the public sector lender reported a strong business update for the quarter ended September 30. The stock surges by as much as Rs 2.4, or 4.9 per cent, to Rs 51.9 apiece on BSE, surpassing an existing 52-week peak scaled the previous day. Read more
Share Market Today LIVE | Bajaj Finance shares clock 52-week high after NBFC's AUM rises 33% in Q2; Morgan Stanley raises TP by Rs 800
Bajaj Finance shares, a subsidiary of Bajaj Finserv, on Wednesday, October 4, clocked a fresh 52-week high of Rs 8,043 apiece, surpassing an earlier peak of Rs 7,999.9 on the NSE, rising for a third straight session after the non-banking financial company (NBFC) released its Q2 business update. The NBFC's new loans booked during the July–September quarter rose by 26 per cent to 85.3 lakh as compared to 67.6 lakh recorded in the corresponding quarter of the previous fiscal. The counter traded at Rs 7,979, up Rs 11.4 or 0.14 per cent in opening deals on NSE. Read more
Updater Services IPO Listing | Shares list at discount of 5% on NSE
Shares of Updater Services Ltd. debut at Rs 285 apiece on the NSE i.e. at a discount of 5 per cent to the IPO price of Rs 300 whereas it lists at Rs 299.9 on BSE, i.e. at a discount of 0.03% against the issue price of Rs 300. Read more