Sensex Today LIVE Updates: Sensex rises 300 points, trades at day’s high; Nifty tops 17,350; Axis Bank tanks 4% post Q4 show; Media pack continues to bleed

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Market LIVE Updates: Nifty Realty jumps over 1%

  • Lodha only sectoral loser in early afternoon session
Market LIVE Updates: Nifty Realty jumps over 1%

Block Deal: 10 lakh HDFC Bank shares change hands

Price as on 29 Apr, 2022 11:55 AMClick on company names for their live prices.

Market LIVE Updates: Zomato shares decline to new low!

Market LIVE Updates: Zomato shares decline to new low!

Ruchi Soya FPO investors earn 75% return since listing of shares

  • Ruchi Soya’s FPO shares, which were listed earlier this month, have given strong returns to investors in a span of just three weeks. The shares have rallied more than 75 per cent since their listing on Bourses on April 8 to Rs 1,140 on Friday. The company had offered shares at Rs 650 apiece.

  • Patanjali Ayurveda-led Ruchi Soya Industries’ board recently approved to rename it ‘Patanjali Foods Limited’. According to media reports, the company is likely to acquire the FMCG business of Patanjali Ayurveda and revamp itself into a full-fledged FMCG player to compete with the likes of Marico, Nestle, HUL and others.
Ruchi Soya FPO investors earn 75% return since listing of shares

Market LIVE Updates: Capacit’e Infraprojects bags orders worth Rs 827 crore

Construction firm Capacit’e Infraprojects on Friday said it has bagged new work orders worth Rs 827 crore. With this, the company’s orderbook has exceeded Rs 9,000 crore-mark, Capacit’e Infraprojects said in a statement. The stock was trading 3 per cent higher on BSE at Rs 145.80 per share.

IPO Market Update: Rainbow Children’s Medicare subscribed 92% so far; issue closes today

The QIB portion sailed through and was subscribed over 1 time. Meanwhile, retail portion garnered 92% bids. HNI quota received 76% bids and employee portion 17%.

IPO Market Update: Rainbow Children's Medicare subscribed 92% so far;  issue closes today

Stock Alert: Genus Power bags order for Rs 828.57 crore; stock hits 5% upper circuit

Price as on 29 Apr, 2022 11:02 AMClick on company names for their live prices.

While willing for another push higher in line with our 17270-400view, we were looking for a close above 17245 as a signal towards upside continuation. The close at 17245 itself yesterday, along with a slight decline in VIX, despite expiry, keeps the bias slightly in favor of upsides. The evening star pattern in the closing hours, hints at reversal though, but we look to play upsides aiming at 17370 as long as dips do not extend beyond 17200.

– Anand James – Chief Market Strategist at Geojit Financial Services

Market LIVE Updates: Nifty Pharma index in pink of health, rises nearly 1%

— Largecap stocks DRL, Sun Pharma among top index gainers

Market LIVE Updates: Nifty Pharma index in pink of health, rises nearly 1%

LIC IPO: Anchor investor list to include GIC, ADIA, Norway Wealth Fund

Sovereign wealth funds from Norway, Singapore and Abu Dhabi have committed to be anchor investors in the initial public offering of Life Insurance Corporation of India, according to people with knowledge of the matter. Norges Bank Investment Management, GIC Pte and Abu Dhabi Investment Authority will be among the anchor names due to be announced Monday, the people said, asking not to be identified before an official announcement.

BLOCK DEAL: 34.3 lakh IEX shares exchange hands

Price as on 29 Apr, 2022 10:33 AMClick on company names for their live prices.

Major earnings today

Price as on 29 Apr, 2022 10:10 AMClick on company names for their live prices.

Sensex Today LIVE: Index off day’s high, trades 100 points higher

  • In opening trade, the index had risen as much as 300 points. Losses in Axis Bank, Infosys and Wipro weighed.
Sensex Today LIVE: Index off day's high, trades 100 points higher

Market View: Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial

There are some important indications from the Q4 results declared so far. Banking is staging a strong rebound with good credit growth and improving asset quality. IT, particularly mid-cap IT, continues to do well even though some large IT firms are mildly disappointed.

Banking stocks have not yet responded to the good results due to relentless selling by FPIs. IT after the recent correction is fairly valued. Since RIL is the leader of the current rally and Q4 results are expected to be very good, aided by the petrochem business and high refining margins, RIL can impart resilience to the market in the near term. The Fed policy outcome on May 5th will set the tone for the short-term trend of the market.

Market LIVE Updates: Varroc to divest its 4-wheeler lighting system operations in the Americas and Europe; stock surges 17%

  • In a bid to transform itself into a high-tech company and focus on the existing growth of electronics, connectivity, electrical vehicles (EVs) product lines and the 2-wheeler segment globally, Varroc Engineering Limited (VEL) has signed a Securities Purchase Agreement (SPA) with Compagnie Plastic Omnium SE of France to divest its 4-wheeler lighting systems operations in the Americas and Europe.

  • The divestment is part of VEL’s (Varroc) strategy to align its resources with the high value and high growth primary markets in China, India, and the two-wheeler sector globally.

  • The Euro 600 million transaction will see Varroc divesting its lighting System operations in the USA, Brazil, Mexico, Poland, Czech Republic, Germany, Turkey, and Morocco.
Market LIVE Updates: Varroc to divest its 4-wheeler lighting system operations in the Americas and Europe;  stock surges 17%

Forex market check: Rupee rises by 8 paise to 76.53 against US dollar in early trade

TV18 Broadcast, YES Bank, Adani Power among most active stocks on NSE

Price as on 29 Apr, 2022 09:23 AMClick on company names for their live prices.

Sector Watch: Barring FMCG, all indices on NSE trade in the green

Sector Watch: Barring FMCG, all indices on NSE trade in the green

Sensex Heatmap: Top gainers & losers in opening trade

Sun Pharma, Tata Steel, Bajaj Finance gain while Axis Bank bleeds

Sensex Heatmap: Top gainers & losers in opening trade

Sensex Today LIVE Updates: Sensex gains 200 points, Nifty tops 17,300; Ruchi Soya jumpers 5%, Adani Power briefs 4%

Pre-open session: Sensex gains 280 points, Nifty above 17,300

Wipro, Maruti Suzuki, UltraTech Cement and IndusInd Bank to announce Q4 results today

Wipro, Maruti Suzuki, UltraTech Cement and IndusInd Bank to announce Q4 results today

SGX Nifty signals positive start

Nifty futures on the Singapore Exchange traded 78 points, or 0.45 per cent, higher at 17,308, signaling that Dalal Street was headed for a positive start on Friday.

Tech View: Nifty50 forms bullish candle; faces resistance at 17,450

Nifty50 on Thursday climbed above its immediate resistance and closed near the 17,250 level. In the process, it closed above its 200-day simple moving average and formed a bullish candle on the daily scale. Analysts said the index needs to take out 17,450 level for a decisive upmove.

Oil eases as China lockdowns weigh on demand outlook

Oil edged lower on Friday as China’s COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude and products exports from Russia underpinned prices. Brent crude futures dipped 4 cents to $107.55 a barrel by 0040 GMT after rising 2.1% in the previous session. The front-month June contract expires later on Friday. The most active July contract fell 30 cents to $106.96 a barrel. US WTI crude dropped 49 cents, or 0.5%, to $104.87 a barrel.

Gold inches higher, but faces worst month in seven

Gold prices edged higher on Friday as lower US Treasury yields outweighed pressure from an elevated dollar, but bullion was still headed for its biggest monthly drop since September on fears of aggressive interest rate hikes by the Federal Reserve. Spot gold was up 0.1% at $1,897.01 per ounce. US gold futures rose 0.4% to $1,898.10. Benchmark 10-year US Treasury yields eased, increasing the appeal of holding non-yielding gold.

Dollar towers at two-decade high on growth woes, Fed outlook

The dollar held firm at a 20-year high on Friday and was poised to score its best monthly gain in a decade, buoyed by bets on rising US. interest rates and doubts about growth in Europe and China. The latest uptick was thanks to the Bank of Japan, which sent the yen falling through 130-per-dollar for the first time since 2002 on Thursday when it reinforced a commitment to its super-low yield policy.

Japanese markets closed for holiday

Financial markets in Japan are closed on Friday for a public holiday. Tokyo stocks had closed higher on Thursday as investors cheered solid corporate earnings and the Bank of Japan’s decision to stick with its monetary easing policies. The benchmark Nikkei 225 index ended up 1.75 percent, or 461.27 points, at 26,847.90, while the broader Topix index advanced 2.09 percent, or 38.86 points, to 1,899.62.

Hong Kong shares open flat

Hong Kong stocks barely moved at the open of trade Friday as traders struggled to track a strong rally on Wall Street, with tech firms in the spotlight after Apple and Amazon reported below-forecast earnings. The Hang Seng Index inched down 4.77 points to 20,271.40. The Shanghai Composite Index rose 0.36 percent, or 10.58 points, to 2,986.06, while the Shenzhen Composite Index on China’s second exchange added 0.80 percent, or 14.44 points, to 1,822.91.

US stocks settle sharply higher

Major stock indexes on Wall Street notched their biggest gains in more than six weeks Thursday, as technology companies clawed back some of the ground they had lost recently. The S&P 500 rose 2.5%, with roughly 85% of the stocks in the benchmark index closing higher. The Dow Jones Industrial Average climbed 1.8% and the tech-heavy Nasdaq ended 3.1% higher. The gains erased weekly losses for the indexes, though they are all still headed for a dismal monthly finish after sliding for much of April.

Rupee declines 4 paise to 76.61 against dollar

The rupee declined by 4 paise to settle at 76.61 against the US currency on Thursday due to a stronger dollar which surged to five-year high levels against global peers. Gains in domestic equities, FPI inflows and a correction in crude oil prices, however, helped the rupee restrict losses. At the interbank forex market, the rupee opened lower at 76.60 against the greenback and later moved in a range of 76.43 to 76.71 in the day trade. It finally closed at 76.61, registering a fall of 4 paise.

Sensex Today LIVE Updates: Sensex, Nifty on Thursday

Benchmark stock indices Sensex and Nifty rebounded by over 1 per cent on Thursday, propelled by buying in index majors Reliance Industries, HUL and Infosys along with an overall positive trend in global markets. The 30-share BSE benchmark jumped 701.67 points or 1.23 per cent to end at 57,521.06. During the day, it zoomed 971.46 points or 1.70 per cent to 57,790.85 amid the expiry of the derivatives contracts. The NSE Nifty rallied 206.65 points or 1.21 per cent to 17,245.05 as 45 of its stocks ended in green.

Good morning, dear reader! Here’s something to kickstart your trading day

Good morning, dear reader!  Here's something to kickstart your trading day

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