Stock Market Highlights: Markets close lower; NIFTY falls below 24,000; SENSEX down 166 points
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5 min read | Updated on August 07, 2024, 09:01 IST
SUMMARY
Benchmark indices closed lower on Tuesday, with NIFTY50 down 0.26% and SENSEX shedding 166 points. In the NIFTY50 space, 29 stocks declined. HDFC Life, SBI Life and BPCL were among the top losers.
NTPC seeks shareholders' nod to raise ₹12,000 crore
State-owned power giant NTPC will seek shareholders approval to raise up to ₹12,000 crore through issuance of Non-Convertible Debentures (NCDs/bonds) on a private placement basis in its annual general meeting on August 29.
"The board of directors of the company in its meeting held on 29th June, 2024 has approved the proposal and recommends the passing of the proposed special resolution (for raising up to Rs 12,000 crore in next 12 months)," the AGM notice of NTPC stated.August 06, 2024, 15:58 PM
Markets close lower; NIFTY falls below 24,000; SENSEX down 126 points
Benchmark indices closed lower on Tuesday, with NIFTY50 down 0.26% and SENSEX shedding 166 points. In the NIFTY50 space, 29 stocks declined. HDFC Life, SBI Life and BPCL were among the top losers.
August 06, 2024, 15:39 PM
Inox Wind bags 201 MW project from Integrum Energy
Wind energy solutions provider Inox Wind on Tuesday said it has secured an order for a 201 MW project from Integrum Energy Infrastructure.This is an equipment supply order for IWL's latest 3 MW Wind Turbine Generators (WTGs), a company statement said, adding that Inox Wind will also provide post-commissioning multi-year operations and maintenance (O&M) services.
The project will be executed across four states -- Madhya Pradesh, Rajasthan, Karnataka and Maharashtra.
August 06, 2024, 15:08 PM
Softbank-backed Unicommerce eSolutions IPO fully-subscribed within hours of opening for bidding
The initial public offering of SoftBank-backed SaaS platform Unicommerce eSolutions Ltd got fully-subscribed within hours of opening for subscription on Tuesday. Read more.August 06, 2024, 14:43 PM
Brigade Enterprises trades higher as Q1 net profit surges 267%
Brigade Enterprises’ shares jumped 6% during Tuesday's trade as the company reported a 267% year-on-year (YoY) rise in its Q1 net profit to ₹80.53 crore. The company’s total consolidated quarterly income rose by 62.44% YoY to ₹1,113 crore. Shares of the company were trading at ₹1,186 per share on Tuesday. Read more.August 06, 2024, 13:52 PM
Nifty Fin Service Expiry today: Options market considers 22,750 as crucial level on expiry
The options market is currently factoring in resistance at the 23,000 level with the open interest on this strike amounting to 1.23 crore. On the downside, the options market is factoring in support at the 22,500 level with the open interest on this strike amounting to 69.3 lakh. Read more.August 06, 2024, 13:30 PM
Stock Market Live Updates: Markets trade higher; NIFTY50 up 0.5%; SENSEX gains 430 points
Benchmark indices are trading higher on Tuesday, with NIFTY50 up 0.52% and SENSEX gaining 430 points. In the NIFTY50 space, 42 stocks advanced. Britannia, JSW Steel and Adani Enterprises were among the top gainers.
August 06, 2024, 12:51 PM
Deepak Nitrite shares gain over 2% after Q1 results
Shares of Deepak Nitrite were trading nearly 2.50% higher at ₹3,026.30 apiece on the NSE in the late morning deals on Tuesday, August 6, a day after the company released its June quarter (Q1 FY25) numbers. Read more.August 06, 2024, 12:06 PM
Akums Drugs shares debut with nearly 7% premium
Shares of Akums Drugs and Pharmaceuticals Ltd on Tuesday listed with a premium of nearly 7% against the issue price of Rs 679.
The stock made its debut at ₹725, up 6.77% from the issue price on both the BSE and NSE. Later, it zoomed 15.55% to ₹784.65 on the BSE. Read more.August 06, 2024, 11:19 AM
Rupee recovers from all-time low level, opens 25 paise higher at 83.84 against US dollar
The rupee recovered from its all-time low level and opened 25 paise higher at 83.84 against the US dollar in morning trade on Tuesday, mirroring the rebound in the domestic equity market, even as aggressive dollar bids from foreign banks exerted pressure on the local unit.
Forex traders said risk aversion in the global markets, escalation of geopolitical tensions in the Middle East and outflows by foreign investors further dented investor sentiments.
August 06, 2024, 10:36 AM
Bharti Airtel shares in green after Q1 net profit zooms 158%
Shares of telecom major Bharti Airtel were trading in the green on Tuesday, August 6, after the company posted a nearly 158% jump in its net profit for the quarter ended June 2024. Read more.August 06, 2024, 10:20 AM
Here's how BSE SENSEX stocks are performing
August 06, 2024, 09:42 AM
Stock Market Live Updates: Markets rebound; NIFTY50 up 1.15%; SENSEX gains 900 points
Benchmark indices opened higher on Tuesday, with NIFTY50 up 1.15% and SENSEX gaining 900 points. In the NIFTY50 space, 46 stocks advanced. Tata Motors, ONGC and L&T were among the top gainers.
August 06, 2024, 09:19 AM
Stock Market Live Updates: GIFT NIFTY hints positive start, Asian markets rebound
The GIFT NIFTY is up 0.7%, signalling a promising start for Indian equities today. This upward trend is in line with the positive start seen in other Asian markets. In particular, Japan's Nikkei 225 has rebounded sharply, gaining over 8% after falling over 12% yesterday. Meanwhile, Hong Kong's Hang Seng Index is also performing well, with a 1% gain.
August 06, 2024, 08:49 AM
