Share Market HIGHLIGHTS: Sensex ends 793 pts lower, Nifty sinks to 22,519; all sectors in the red; TCS inches higher
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex suffered sharp losses on Friday, April 12, tracking negative moves across global markets following a worse-than-expected US inflation reading that dashed nascent hopes of an earlier-than-anticipated cut in benchmark interest rates. Financial services stocks were the worst hit, with the Nifty Bank shedding more than 400 points.
Investors awaited the Q4 financial results of Tata Consultancy Services (TCS), the country's largest IT services exporter, due post-market hours for domestic cues.
Catch minute-by-minute updates of all the action on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex suffered sharp losses on Friday, April 12, tracking negative moves across global markets following a worse-than-expected US inflation reading that dashed nascent hopes of an earlier-than-anticipated cut in benchmark interest rates. Financial services stocks were the worst hit, with the Nifty Bank shedding more than 400 points.
Investors awaited the Q4 financial results of Tata Consultancy Services (TCS), the country's largest IT services exporter, due post-market hours for domestic cues.
Catch minute-by-minute updates of all the action on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Latest Updates
Share Market Today: Sensex ends 793 pts lower, Nifty sinks to 22,519; all sectors in the red
Share Market Today LIVE | Buy JSW Infra Stock, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying JSW Infrastructure shares for a target of Rs 255 with a stop loss at Rs 235.
Share Market Today LIVE | Buy CIE Automotive Stock, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying CIE Automotive shares for a target of Rs 510 with a stop loss at Rs 470.
Share Market Today LIVE: Buy Castrol India stock at Rs 220, says Astha Jain
Astha Jain of Hem Securities suggests buying Castrol India shares around Rs 5 below their current market price for targets to the tune of Rs 245 and Rs 247 with a stop loss at Rs 200.
Share Market Today LIVE | Vodafone Idea's Rs 18K crore FPO: Capital infusion a welcome move, but is this enough? The jury is out
Vodafone Idea shares slipped as much as 3.35 per cent to Rs 12.51 apiece on the BSE in the opening deals on Friday, April 12, after the company informed exchanges that it has received approval to launch a Rs 18,000 crore follow-on public offer (FPO).
The shareholders can bid for the FPO between April 18 and 22. The roadshow for the FPO will begin on April 15.
Share Market Today LIVE: Hold Archean Chemical Industries shares, says Avani Bhatt
Avani Bhatt of JM Financial Services suggests holding the stock at its current levels of Rs 687 for a target of Rs 746.
Share Market Today LIVE | TCS shares trade flat ahead of Q4 result announcement; here is what to expect
The fourth quarter earnings season for India Inc (Q4 FY24) will officially kick off today (April 12) with the IT services behemoth Tata Consultancy Services (TCS) slated to announce its financial results for the quarter ended March 31 post-market hours.
Shares of the company were trading flat with a positive bias at Rs 3,998.20, up 0.39 per cent on the BSE at around 11:00 am.
Share Market Today LIVE: HDFC Bank, Sun Pharma, ICICI Bank, ITC, Maruti Suzuki top contributors to Sensex fall
Image: BSEIndia.com
Share Market Today LIVE | Zomato makes solid gains; clinches to new all-time high: Here’s what is boosting stock’s rally
Zomato shares in a subdued market extended their previous gains and marked their fresh all-time high in Friday’s trade (April 12, 2024) as the domestic brokerage JM Financial maintaining a bullish view on the counter yet again signalled a ‘buy’ with a higher target of Rs 260, suggesting potential gains to the tune of over 32 per cent.
In its report, JM Financial highlighted the meteoric rise of Blinkit which is seeing no slowdown
Share Market Today LIVE | Tata Motor's EV arm signs MoU with Shell India to establish charging stations across India; stock soars
Tata Motors shares gained over 1 per cent in Friday's (April 12) trade on BSE, a day after its subsidiary Tata Passenger Electric Mobility (TPEML) inked a memorandum of understanding (MoU) with Shell India Markets Private Limited to establish public charging stations across India.
At around 10:17 a.m., shares of Tata Motors traded 1.12 per cent, or Rs 11.35, higher on BSE at 1,024.5 apiece.
Share Market Today LIVE: Buy Nifty 22,550 put option at Rs 90
Nilesh Jain of Centrum Broking suggests buying the 22,550 put option of headline index at Rs 90 for targets of Rs 125 and Rs 145.
Share Market Today LIVE: Dalal Street at day's low; Sensex down 500 pts, Nifty cracks below 22,600
Nifty Bank sheds 300 pts
Here's how the banking index's components stand at this hour:
| Stock | CMP | Change (%) |
| BANDHANBNK | 183.65 | 0.55 |
| PNB | 136.7 | 0.29 |
| BANKBARODA | 271.15 | 0.13 |
| INDUSINDBK | 1,554.75 | 0.12 |
| AUBANK | 635.2 | 0.12 |
| IDFCFIRSTB | 84.5 | -0.24 |
| AXISBANK | 1,085.05 | -0.25 |
| SBIN | 773.75 | -0.68 |
| KOTAKBANK | 1,811.60 | -0.79 |
| ICICIBANK | 1,100.05 | -0.84 |
| HDFCBANK | 1,521.80 | -0.95 |
| FEDERALBNK | 156.9 | -1.32 |
Share Market Today LIVE | Metropolis Healthcare shares hit 52-week high—here is what's keeping investors keen
Shares of Metropolis Healthcare on Friday, April 12 clocked a fresh 52-week high on D-Street after the diagnostics firm's core business revenue grew approximately 1 per cent year-on-year (YoY) for Q4FY24 and the firm became debt-free as of March 31, 2024.
The Metropolis Healthcare stock rose as much as 7.5 to clock a 52-week high of Rs 1,935 on BSE in opening deals, surpassing the previous peak of Rs 1,828.70, hit on February 19, 2024.
Share Market Today LIVE | Sun Pharma's Dadra facility receives OAI inspection status from the USFDA; stock slips
Sun Pharma shares lost over 2 per cent in Friday's morning deals after the company's Dadra facility received Official Action Indicated (OAI) inspection status from the US Food and Drugs Administration (USFDA).
As of 9:44 a.m., shares of Sun Pharma traded over 1.82 per cent or Rs 29.2, lower at Rs 1,574.8 apiece on BSE.
Share Market Today LIVE | This BSE listed multibagger smallcap stock spikes to ATH for second day in a row in a subdued market
Shares of the BSE-listed Bondada Engineering in trade on April 12 marked their ATH of Rs 1180, a gain of over 3 per cent.
The gains in the stock are propelled and the stock has run-up to hit its ATH for the second consecutive trading session as the company informed about the incorporation of a new subsidiary.