Share Market Highlights: Sensex ends 523 pts lower, Nifty finishes below 19,150 amid broad-based weakness
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex on Wednesday, October 25, opened on a positive note, tracking Asian peers. 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.coms blog.
Share Market Today LIVE: After an optimistic start to the trading day, the Indian stock indices were unable to sustain the positive momentum, ending in the red. The Sensex, India's benchmark index, closed 522.82 points lower at 64,049.06. Its counterpart, the Nifty, also witnessed a decline, closing 159.60 points down at 19,122.15.
The Nifty index showed a mixed performance with 10 advancing companies and 40 declining ones. Notably, Tata Steel, Coal India, Hindalco, Tata Consumer Products, and State Bank of India (SBI) emerged as the top gainers.
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Share Market Today Live: Sensex, Nifty end in red
Closing Bell: Indian share markets end in the red on Wednesday. Sensex tanks 522.82 points to settle at 64,049.06; Nifty falls 159.60 points to 19,122.15
Share Market Today LIVE | Nifty Bank plummets over 250 pts
Source: NSE
Share Market Today LIVE | Nifty Auto trades nearly 100 pts lower
Source: NSE
Share Market Today LIVE | Nifty Bank slips below the 43,000 mark; here is what technical indicators suggest
The Nifty Bank index continues its slide for the second consecutive session on Wednesday (October 25), slipping below the key 43,000 level. On Friday, amid a brutal sell-off, the Bank Nifty slipped below its 200 SMA (simple moving average). The level was breached for the first time since March this year after the banking index hit a new peak of 46,369.5 in mid-September. Read more
Share Market Today LIVE | Sensex plummets nearly 600 pts, Nifty above 19,100
Nifty 50
Source: NSESensex
Source: BSE
Share Market Today LIVE | Amber Enterprises stock jumps over 7.5% after boost from global brokerage target raise
Amber Enterprises' shares soar higher by over 7.5 per cent on Wednesday, October 25, to touch the day's high of Rs 3,009 apiece on NSE. The stock is rising higher after an increase in price targets by global brokerages. Global brokerages Jefferies, Goldman Sachs, and CLSA are bullish on Amber Enterprises as they see healthy growth in the company in the near future. Read more
Share Market Today LIVE | Sensex slips over 300 pts, Nifty trades below 19,200; IT, financial stocks decline
Share Market Today LIVE | Sensex slips over 200 pts, Nifty trades above 19,200 amid weakness in IT, financial stocks
Sensex
Source: BSENifty 50
Source: BSE
Share Market Today LIVE | Kewal Kiran Clothing shares zoom 10% post-Q2 nos; what should you do?
Shares of Kewal Kiran Clothing (NSE: KKCL) jump over 10 per cent on Wednesday, October 25, touching the day's high of Rs 797.45 apiece on the BSE after snapping a three-day losing streak. The uptrend in the stock came after the company reported an encouraging set of numbers for the September quarter (Q2FY24). Read more
Share Market Today LIVE | HSBC says HUL has been five-year market laggard now, double downgrades stock to 'Hold'
Global brokerage firm HSBC has double-downgraded the stock of FMCG major Hindustan Unilever (HUL) to 'Hold' from 'Buy' and has cut the target price to Rs 2,700 from Rs 2,950 earlier. In its report, the brokerage said that HUL has been a five-year market laggard now, in part due to the unwinding of a significant past re-rating phase. HUL shares trade flat at Rs 2,481.4, down 0.08 per cent on NSE.
HSBC added that HUL's lacklustre Q2 performance hasn’t helped, with areas of weakness persisting in the portfolio, and unless markets turn deeply risk-averse, it sees little upside in the stock. Read more
Share Market Today LIVE | Mahindra Logistics declines over 5% as firm posts consolidated loss of Rs 16 crore for Q2
Shares of Mahindra Logistics on Wednesday, October 25, decline more than 5 per cent to hit the day's low of Rs 349.5 apiece on the NSE after the end-to-end third-party (3PL) logistics solution provider posted a consolidated net loss of Rs 15.93 crore for the second quarter of the current fiscal (Q2 FY24). Read more
Image Source: Official website Share Market Today LIVE | Torrent Pharmaceuticals falls 3% after in-line Q2 results; Brokerages mixed
Shares of Torrent Pharmaceuticals slip by as much as 2.74 per cent after the mid-cap company posted in-line Q2 results. The stock opened the session on a positive note gaining as much as 2 per cent at the opening, only to pare its gains later. Profit after tax at the drug major grew 24 per cent year-on-year (YoY) to Rs 386 crore in the September ended quarter. The figure stood at Rs 312 crore in the corresponding quarter of the fiscal year 2023. Read more
Anil Singhvi Market Strategy | Important levels to track in Nifty, Nifty Bank today
Zee Business Managing Editor Anil Singhvi sees support for the headline Nifty index emerging at 19,225-19,285 levels and a strong buy zone at 18,975-19,025 levels on Wednesday, October 25, as Dalal Street returned to trade after a holiday. For the Nifty Bank, he expects support at 42,875-43,025 levels and a strong buy zone at 42,600-42,750 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Share Market Today LIVE | Sensex gain over 150 pts, Nifty above 19,300
Sensex
Sensex gains over 150 points in opening deals.
Source: BSENifty 50
Nifty trades 0.26 per cent higher at 19,332 in opening deals.
Source: NSE
Currency Update | Rupee rises 7 paise to 83.09 against US dollar in early trade
Stocks to Watch | Axis Bank, Tata Motors, Torrent Pharma, PNB Housing Finance, Vedanta and others
ZeeBiz will take you through the list of stocks that can stay in the limelight on Wednesday.
Results today, October 25: Axis Bank, Tech Mahindra, Indus Towers, Jubilant Foodworks, Gulf Oil Lubricants, Lakshmi Machine Works, Rallis India, Shanthi Gears, Sona BLW Precision Forgings, Swaraj Engines, Chennai Petroleum Corporation, CMS Info Systems, Share India Securities, Sonata Software, Welspun India, and Dreamfolks Services will announce their results for the second quarter (Q2FY24) today.
Change in Nifty 500: Kirloskar Ferrous Industries will be excluded from the index, whereas Concord Biotech will be included.
Axis Bank: The lender is set to report its second-quarter results on Wednesday. According to Zee Business research, the bank is likely to report a standalone net profit of Rs 5,700 crore for the September quarter of the current financial year, marking a rise of 6.9 per cent against the profit of the corresponding period a year ago. The analysts expect the lender's net interest income (NII)—or the difference between interest earned and interest paid—to increase 15 per cent on a year-on-year basis to Rs 11,910 crore, with 20-22 per cent growth in loans as well as deposits.
Tata Motors: The automaker said on Monday that it had commissioned two R&D facilities in Pune for the development of hydrogen propulsion technologies. The unveiling comprises an engine test cell for the development of hydrogen internal combustion engines and necessary infrastructure for the storage and dispensing of hydrogen fuel for the fuel cell and hydrogen internal combustion engine (H2ICE) vehicles, the auto major said in a statement. Read more
Share Market Today LIVE | Infosys shares to trade ex-date today
Shares of Infosys (INFY) will trade ex-date today, October 25. The country's second-largest IT services firm announced a dividend of Rs 18 per equity share with a face value of Rs 5 each, i.e., a 360 per cent payout for its shareholders, along with its quarterly financial results.
Infosys dividend record date 2023, Infosys dividend payout date 2023
The Bengaluru-based software exporter's board has fixed October 25 as the record date for the interim dividend. In addition, November 6 has been fixed as the interim dividend for the payout. Read more
Share Market Today LIVE | GIFT Nifty futures indicate a positive start ahead on Dalal Street
GIFT Nifty futures — an early indicator of the Nifty 50 index — are up 45.6 points or 0.24 per cent at 19,308.5 ahead of the opening bell on Dalal Street.
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