return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. Trading
    /
  5. SENSEX rises 200 pts, NIFTY50 tests 25,200; HCL Tech up; auto stocks slip amid Hyundai Motor India IPO

Market News

SENSEX rises 200 pts, NIFTY50 tests 25,200; HCL Tech up; auto stocks slip amid Hyundai Motor India IPO

Upstox
By Upstox News Desk

3 min read | Updated on October 15, 2024, 09:57 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

The top gainers on the NSE were Asian Paints, BPCL, Shriram Finance, Infosys, and Bharti Airtel. On the flip side, the top losers were ONGC, Power Grid, Tata Steel, Hindalco, and Coal India. 

Stock list

MARUTI
--
INFY
--
RELIANCE
--
At 9:24 AM, the S&P BSE SENSEX was trading 227.68 points, or 0.28% higher, at 82,200.73 levels

At 9:24 AM, the S&P BSE SENSEX was trading 227.68 points, or 0.28% higher, at 82,200.73 levels

Stock market today: The equity benchmark indices opened in the green on Tuesday, October 15. At 9:24 AM, the S&P BSE SENSEX was trading 227.68 points, or 0.28% higher, at 82,200.73 levels, while the NSE NIFTY50 index was trading 63.85 points, or 0.25%, higher at 25,191.80 points. 
The top gainers on the NSE were Asian Paints, BPCL, Shriram Finance, Infosys, and Bharti Airtel. On the flip side, the top losers were ONGC, Power Grid, Tata Steel, Hindalco, and Coal India. 

As regards BSE SENSEX, HDFC Bank, Infosys, ICICI Bank, and Bharti Airel were the top contributors to the index's gains. 

Foreign investors (FIIs/FPIs) net sold shares worth ₹3,731.59 crore on Monday, October 14, while domestic institutional investors (DIIs) net bought shares worth ₹2,278.09, as per NSE data. 

Buzzing stocks

Shares of HCL Technologies were trading nearly 1% higher at ₹1,873 apiece on the BSE after the company reported an encouraging set of numbers for the September quarter (Q2 FY25). 

Reliance Industries (RIL) shares were down over 0.4%. The company reported a steady result for the quarter ended September 30, 2024 (Q2 FY25). 

The company on Monday reported a 5% fall in the net profit for the July-September quarter to ₹16,563 crore, or ₹24.48 per share, as weak oil refining and petrochemical business hurt operational performance. However, the figure was better than analysts' estimates, who had predicted a fall of 10% in the net income. 

ALSO READ | SEBI approves ₹3,000 crore NSDL IPO: Here’s a list of banks likely to divest their stake via OFS

Auto stocks such as Maruti, Tata Motors, and M&M were trading in the red as the IPO of Hyundai Motor India, the biggest public issue till date, will open today. The BSE Auto index was trading 0.24% lower at 59,663.46 levels. 

Broader Market

The BSE MidCap index was trading 0.31% higher at 48,721.80 levels while the BSE SmallCap index was trading at 56,981.98, up 0.62%.

Sector Watch

IT and technology stocks were the top gainers in the early trade. The BSE TECK index was trading at 20,082.02, up 0.70%, while the BSE Information Technology index was trading 0.63% higher at 43,528.31 points. 

Global Markets

Asian stocks were mostly higher on Tuesday, supported by a strong Wall Street close and investor optimism about corporate earnings, while the dollar held near a two-month top, aided by bets on a smaller US rate cut next month.

ALSO READ | PVR Inox to declare Q2 results today; check stock's performance, recent updates and Q1 earnings

Oil prices were down about 3% after Israeli Prime Minister Benjamin Netanyahu reportedly told the United States that Israel is willing to strike Iranian military targets and not nuclear or oil ones, easing immediate concerns about supply disruptions.

(With inputs from Reuters)
Uplearn

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story