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Stock Market LIVE Today: IRFC, Yes Bank Among Top Turnover Stocks Today | Latest Share Market News

Stock Market Live News | Share Market Latest Updates

Stock Market Live News (Pic: DALL-E)

Stock Market LIVE Today: The benchmark Sensex and Nifty indices are likely to open marginally lower on December 11, according to GIFT Nifty trends. Ahead of the market opening on Monday, shares of Tata Motors, Cipla, Zomato, and Jubilant Industries are expected to keep the exchanges abuzz. Follow this live blog for the latest updates on the stock market today.
Dec 11, 2023 | 01:08 PM IST

Top Turnover Stocks On NSE

Top Turnover Stocks On NSE
SpiceJet, Ye Bank, and IRFC are among the stocks with top turnovers on NSE today.
Dec 11, 2023 | 12:52 PM IST

LIC Board approves ₹25 crore capital infusion in LIC Mutual Fund

LIC's board has approved a Rs 25 crore share capital infusion in LIC Mutual Fund Asset Management Limited on a preferential basis.
Dec 11, 2023 | 12:36 PM IST

Mazagon Dock Shares Spike On ONGC Order

Shares of Mazagon Dock Shipbuilders jumped over 5% to hit an intraday high of Rs 2,165 on the NSE on Monday after the company received an order worth Rs 1,145 crore from Oil and Natural Gas Corporation (ONGC).
Dec 11, 2023 | 12:17 PM IST

IREDA Stock Up 165.6% From IPO Price

Following today's 20% jump, IREDA share price has gone up a total of 156.6% from the IPO price of Rs 32.
Dec 11, 2023 | 12:03 PM IST

IREDA Shares Hit 20% Upper Circuit

IREDA share price was Rs 74 apiece when market opened on Monday. The stock price climbed 20% to Rs 85 each and got locked in upper circuit. The company has recently launched a new retail division.
Dec 11, 2023 | 11:49 AM IST

Nifty Forecast | Expert Comments

"This week, the Indian stock market's direction is anticipated to be influenced by global cues, with four central banks, including the US Fed, set to make announcements on their monetary policies. Last week, the Bank Nifty demonstrated remarkable outperformance in contrast to the Nifty, recording a significant gain of nearly 5.5%. The notable breakout suggests a likelihood of the upward trend continuing, with immediate support discerned within the range of 46500-46800 levels," said Shrey Jain, Founder and CEO SAS Online.

For Nifty, there is a higher probability of a consolidation phase within the range of 20700-21100 in the upcoming sessions. Support for Nifty is likely around the levels of 20600-20700, he added.
Dec 11, 2023 | 11:24 AM IST

HCLTech Hits 52-week High At Rs 1,382.7 Apiece

In early trade on Monday, the share orice of HCLTech went up 1.4% to reach a 52-week high of Rs 1,382.7.
Dec 11, 2023 | 11:10 AM IST

Nifty Bank Update: PNB, Bank of Baroda Top Gainers

Nifty Bank Update PNB Bank of Baroda Top Gainers
Dec 11, 2023 | 10:33 AM IST

Bank Nifty At 52-week High

Bank Nifty touched another 52-week high at 47,588 on Monday. At least 4 bank stocks, viz. Canara Bank, ICICI Bank, IndusInd Bank, and RBL Bank, also touched 52-week highs.
Dec 11, 2023 | 10:22 AM IST

BEL Share Price: Stock Touches 52-week High

Bharat Electronics Limited shares clocked in a fresh 52-week high of Rs 163.25 apiece on Monday.
Dec 11, 2023 | 10:04 AM IST

SpiceJet To List On NSE; Stock Zooms 3%

SpiceJet on Monday said in a BSE filing that it would be listing its shares on NSE to reach a wider investor base. SpiceJet shares rose over 7% to a fresh 52-week high of Rs 59 apiece after this announcement. Presently, the share is trading at Rs 56.8, up 3.33%.
Dec 11, 2023 | 09:54 AM IST

JSW Steel Reports 11% YoY Growth In Consolidated Crude Steel Production (November 2023)

JSW Steel reported that its consolidated Crude Steel production for the month of November’23 stood at 22.04 lakh tonnes, a year-on year growth of 11%. Capacity utilisation at Indian Operations level stood at 90% for November 2023.
Dec 11, 2023 | 09:46 AM IST

Zydus Life, Daewoong Pharma Ink US Licensing Deal

Zydus and Daewoong Pharmaceuticals have announced an exclusive licensing agreement for developing and commercialising Leuprolide Long-Acting Injectable in the US. Zydus Life share price was Rs 641 around 9:46 am, up 0.38% from its previous close.
Dec 11, 2023 | 09:36 AM IST

Dr Reddy's Slips Over 6% In Early Trade | Here's Why

Shares of Indian drug-maker Dr. Reddy's Laboratories were down 6.5% on Monday after the US Food and Drug Administration (FDA) issued three observations for the company's plant in Telangana state, Reuters reported.
Dec 11, 2023 | 09:35 AM IST

Nifty Clocks In ANother Life High At 21,019

Nifty Clocks In ANother Life High At 21019
The benchmark Nifty 50 index hit an intraday and lifetime high of 21,019 during early trade on Monday. Take a look at the top gainers and losers so far.
Dec 11, 2023 | 09:32 AM IST

Sensex Crosses 70,000 Mark

Sensex Crosses 70000 Mark
In early trade on Monday, Sensex crossed the 70,000 mark, touching a life high of 70,048.90.
Dec 11, 2023 | 09:28 AM IST

Sensex crosses 70,000 mark

In early trade on Monday, Sensex crossed the 70,000 mark, touching a life high of 70,048.90.
Dec 11, 2023 | 09:27 AM IST

Nifty, Sensex Opened Flat

Both benchmark indices, Nifty 50 and Sensex, opened flat on Monday. While Nifty 50 opened at 20,965.30, Sensex started the day at 69,925.63.
Dec 11, 2023 | 09:10 AM IST

Stock market strategy: Experts say continue to 'buy on dips'

"We maintain our positive view on markets despite the overbought conditions and suggest participants look for buying opportunities on dips. Nifty has the potential to test the 21,200-21,500 zone and expects the index to hold the 20,300-20,550 zone in case of profit taking. Among the key sectoral indices, we reiterate our preference for banking and IT majors and suggest staying selective in the others. Besides, we are seeing early signs of exhaustion in midcap and smallcap space so maintain extra caution in stock selection," Ajit Mishra, SVP - Technical Research, Religare Broking Ltd, said.

Choice Broking's Deven Mehata said that "traders can place a strategy of buy in dips at the initial support of the market near to 20850-20900 with a stop loss of 20700 levels. Investors holding their long position should keep trailing their stop losses for further up move."
Dec 11, 2023 | 08:54 AM IST

Commodities Market: Gold Prices Drop Ahead Of Central Bank Meetings, US Inflation Data

Gold prices fell further on Monday as the dollar held firm, with investors looking forward to several major central bank meetings and US inflation data release this week for more clarity on the interest rate trajectory. Spot gold was down 0.2% at $1,998.89 per ounce as of 0232 GMT, after dropping about 3.3% last week in its worst week in more than two months. US gold futures were flat at $2,014.80, Reuters reported.
Dec 11, 2023 | 08:31 AM IST

Bad News For Sugar Companies To Continue?

"Restrictions on the use of sugar juice for ethanol production stems primarily from the concerns regarding sugar crops this year in Maharashtra and Karnataka which experienced uneven rains. Since sugar price can be a sensitive issue during election time, it would be unrealistic to expect any relaxation in this measure till the elections are over. This is certainly a negative from the perspective of sugar companies which have invested heavily in producing ethanol. The sugar stocks, particularly the ethanol-oriented ones, are likely to remain under pressure for some time," said Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Dec 11, 2023 | 08:27 AM IST

Japanese Stocks Surge Ahead; Nikkei 225 Up 1.64%

Japanese stocks on Monday made a strong opening, reacting positively to hints of a robust US economy that lifted Wall Street last week. The Nikkei 225 climbed 1.64%, reaching 32,836.77 points, while the broader Topix index rose 1.26% to 2,353.84.
Dec 11, 2023 | 08:18 AM IST

Jubilant Industries Shares In Focus

Manu Ahuja, the Managing Director and CEO of Jubilant Industries passed away on December 10.
Dec 11, 2023 | 08:17 AM IST

Cipla Shares In Focus

The multinational pharmaceutical company on Sunday told the exchanges that its wholly-owned subsidiary InvaGen Pharmaceuticals USA is voluntarily recalling one lot of Vigabatrin for Oral Solution, USP 500mg.
Dec 11, 2023 | 08:17 AM IST

Tata Motors Shares In Focus

The Tata Group company announced that the prices of its commercial vehicles will be increased by 3 per cent from January 1, 2024 onwards.
Dec 11, 2023 | 08:16 AM IST

Zomato Shares In Focus

SoftBank's venture capital fund, SVF Growth (Singapore) Pte Ltd, has sold its stake in Zomato. The sale involved the transaction of 9.36 crore shares at a price of Rs 120.5 per share, totaling a value of Rs 1,127.51 crore.
Dec 11, 2023 | 08:14 AM IST

GIFT Nifty Down 17.5 Points, Suggests Muted Start For D-Street

GIFT Nifty was down by 17.5 points pr 0.08% arouns 8:10 am on Monday. The index suggested a muted start for Dalal Street. On Friday, the 30-share BSE Sensex had jumped by 303.91 points, or 0.44 per cent, reaching a new peak of 69,825.60. Additionally, the broader index Nifty also rose by 68.25 points or 0.33 per cent, reaching a fresh record high of 20,969.40.