Sep 10, 2025, 2:59 pm IST
Stock Market Live Updates: Sensex Off From Day's High, Nifty 50 Continues To Chase 25K; BEL, HCL Top Gainers
Stock Market Live Updates: Sensex Off From Day's High, Nifty 50 Continues To Chase 25K; BEL, HCL Top Gainers
Sep 10, 2025, 2:13 pm IST
Stock Market Live: Yes Bank Shares Surge 2% on BSE, Should You Buy?
Stock Market Live: Yes Bank shares were trading 2% higher on BSE at Rs 20.79 per share with a market capitalisation of Rs 65,219.51 crore. Brokerage Emkay Global has given a 'Sell' rating for the bank sector stock. " We revise up our earning estimate by ~7-15%, building in higher SR income and some cost rationalization, as Yes shifts toward branch-led loan sourcing; we expect RoA of 0.8-1% over FY26-28E. Despite our estimate revisions, we retain SELL on the bank and our TP of Rs17, given rich valuations (1.2x FY27E ABV) relative to core profitability. However, a potential leadership transition, coupled with strategic influence of SMBC, will be a key monitorable as it could grant another opportunity to Yes for attempting a long-awaited turnaround," noted Emkay Global in its report.
Sep 10, 2025, 1:23 pm IST
Stock Market Live: Emkay Global Shares Shree Cement Share Price Target
Stock Market Live: Shree Cement shares were down 0.96% at Rs 29,870 per share on BSE on Wednesday at 1:20 pm. Emkay Global has given a buy rating for the stock with a target price of Rs 35,300. "We thereby increase our EV/EBITDA multiple by a notch to 19x (18x earlier) while retaining our earnings estimate. We continue to value SRCM on Jun-27E EBITDA at revised up target price of Rs35,300 (earlier Rs33,445), and upgrade the stock to BUY (from Add); SRCM is our top-pick in the sector, along with UltraTech and JK Cement."
Sep 10, 2025, 12:45 pm IST
Stock Market Live Updates: Sensex Up 351 Pts, Nifty Chases 25,000 Mark; BEL, HCL Tech, Wipro, TCS, TechM, Top Gainers
Stock Market Live Updates: Sensex Up 351 Pts, Nifty Chases 25,000 Mark; BEL, HCL Tech, Wipro, TCS, TechM, Top Gainers
Sep 10, 2025, 11:51 am IST
Stock Market Live Updates: Yes Bank Shares Rise 2% After RBI Board Restructure Nod
Yes Bank’s shares gained 2% today after the Reserve Bank of India granted approval for the bank’s board restructuring, a move closely linked to the strategic shareholding agreement between Sumitomo Mitsui Banking Corporation and SBI.
Sep 10, 2025, 11:39 am IST
Stock Market Live Updates: Dev Accelerator IPO Fully Subscribed on Day 1
The IPO of Dev Accelerator Ltd was fully subscribed within just a few hours on Day 1, receiving an overall subscription of 1.48 times. Retail investors showed the strongest interest, with their portion subscribed 4.49 times, while Qualified Institutional Buyers (QIBs) subscribed 0.95 times and Non-Institutional Investors (NIIs) came in at 0.63 times.
Sep 10, 2025, 11:23 am IST
Stock Market Live Updates: Shringar House of Mangalsutra IPO Opens at Rs 401 Crore
Shringar House of Mangalsutra opened its Rs 401-crore IPO today, with a price band set between Rs 155 and Rs 165 per share. The issue will remain open for subscription until September 12 and is scheduled to list on both NSE and BSE on September 17. At the upper end of the price band, the company's estimated market capitalisation stands at approximately Rs 1,591 crore.
Sep 10, 2025, 10:58 am IST
Stock Market Live Updates: Nifty IT Index Leads Sectoral Rally; HCL Tech, Tech Mahindra & TCS Top Gainers
The Nifty IT index led sectoral gains, providing strong support to the broader market rally. Stocks like HCL Technologies, Tech Mahindra, and TCS emerged as the top gainers within the index.
Sep 10, 2025, 9:44 am IST
Market Outlook Today By Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
A major positive for the market today comes from President Trump’s initiative to improve India-U.S. relations and PM Modi’s positive response to the same. However, from past experience the market should judge President Trump by his actions and not words.
Investors should understand that the major challenge that the market is facing now is the high valuations, particularly in the broader market, which will constrain any potential rally. India is hugely underperforming other markets now. For Instance, while Hang Seng and Kospi delivered 51 % and 31% returns during the last one year Nifty delivered -0.69 % return: huge underperformance. Massive sustained selling by FIIs triggered by high Indian valuations is the principal reason for this underperformance. FIIs who sold in India and moved money to other markets have gained. Therefore, they might do it again. A change in this trend will happen when indications of a recovery in earnings emerge.
Sep 10, 2025, 8:54 am IST
Bank Nifty Prediction Today By Om Mehra, Technical Research Analyst, SAMCO Securities
On the daily chart, candles remain compressed, reflecting indecision and limited momentum.
The index continues to trade below the 20-EMA, while the 9-EMA is offering short-term support. The RSI stands at 39, below the neutral 50 mark, suggesting only a modest recovery in strength. However, the ADX has risen to 31, confirming that the prevailing trend may continue to strengthen.
On the hourly timeframe, the index is oscillating within a descending channel, attempting to recover. A base is gradually forming near 53,800, but repeated rejections around the 54,400–54,500 zone highlight the presence of previous resistance. Unless Bank Nifty manages to close above this zone, the recovery is likely to remain capped within the channel. Until such a breakout occurs, the outlook remains cautious with a neutral-to-slightly bullish outlook.
Sep 10, 2025, 8:53 am IST
Nifty Prediction Today By Om Mehra, Technical Research Analyst, SAMCO Securities
The index has shaped a classic doji on the daily chart, reflecting indecision at current levels.
It is hovering around the short-term averages, trading above the 9-EMA and 20-EMA, while the 50-SMA near 25,000 remains a stiff resistance. Nifty shows a controlled recovery, though momentum stays muted. The RSI has improved to 53, indicating slight strength. The ADX is hovering near 24, with the +DI and –DI lines converging, highlighting the likelihood of consolidation in the near term.
On the hourly timeframe, the index has staged a steady rebound from lower levels, carving out a sequence of higher lows. However, repeated intraday rejections around 24,940–25,000 suggest that overhead pressure remains active.
For the sessions ahead, 24,750–24,700 stands as immediate support. On the flip side, a decisive close above 25,000–25,050 will be necessary to revive upward momentum and open the door for a move toward 25,200–25,280. Until then, the index may continue oscillating in a tight band with a neutral to slightly positive outlook.
Sep 10, 2025, 8:21 am IST
Bank Nifty Derivatives Highlights By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
In the derivatives segment, the options market echoed cautious undertones, with call writers retaining the upper hand at higher levels. The 55,000 strike recorded notable call writing, with open interest climbing to 14.29 lakh contracts, cementing it as a firm resistance barrier. On the flip side, the 54,000 strike attracted the highest put open interest at 14.03 lakh contracts, making it the immediate support zone.
Fresh call additions near current levels suggest limited conviction for a sustained up-move, while consistent put positioning around at-the-money strikes points to a neutral-to-defensive stance. The Put-Call Ratio (PCR) rose to 0.92 from 0.76, highlighting continued sideways momentum and a marginal tilt toward bullish bets, though a decisive trigger remains awaited.
Sep 10, 2025, 8:20 am IST
Nifty Derivatives Highlights By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
In the derivatives space, the options market reflected cautious optimism, though call writers held a slight upper hand over put writers. The 25,000 strike witnessed a significant build-up of open interest at 55.13 lakh contracts, cementing it as a firm resistance ceiling. On the downside, the 24,800 strike saw the highest put OI at 42.30 lakh contracts, reinforcing it as a crucial support base.
Fresh call writing near current levels signals limited conviction for a strong upside, while persistent put writing at at-the-money strikes suggests a neutral-to-defensive bias. The Put-Call Ratio (PCR) improved to 0.92 from 0.76, hinting at sustained sideways movement and a mild tilt toward bullish positioning, although a decisive trigger is awaited.
Sep 10, 2025, 8:20 am IST
Bank Nifty Outlook Today By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
On the daily chart, a hammer-like candlestick pattern took shape, reflecting sustained buying interest at lower levels and reaffirming a resilient, range-bound sentiment. On Tuesday, the index inched up by 29.20 points to close at 54,216.10.
Despite a lacklustre session on Tuesday marked by choppy swings on both ends, Nifty Bank held firmly above the 53,900 mark. Importantly, this also marked the fourth consecutive session in which the index closed above its previous day’s low, indicating that bears are yet to establish lasting control. Technically, the index remains trendless, with bulls and bears alternating dominance across sessions. Nifty Bank has been locked within a consolidation zone of 53,500–54,500, flanked by the 20-DEMA acting as resistance and the 200-DEMA offering strong support. A breakout beyond this range is necessary to trigger a meaningful directional move.
Sep 10, 2025, 8:20 am IST
Nifty Outlook Today By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
On the daily chart, a long-legged Doji-like candlestick emerged, underscoring sustained buying interest at lower levels while reinforcing the prevailing range-bound sentiment. The RSI hovered near the neutral 50 mark, mirroring the indecisive momentum. On Tuesday, Nifty posted a modest gain of 95.45 points to close at 24,868.60. Despite wild fluctuations on both sides, the index successfully defended the crucial 24,700 zone, supported by its 20- and 50-DEMA cluster. Notably, this also marked the seventh consecutive session in which Nifty closed above the prior day’s low, highlighting the absence of sustained bearish dominance. From a technical perspective, the index remains trendless, with bulls and bears alternating control across sessions. The 24,500–25,000 range continues to cap Nifty’s movement, and a decisive breakout beyond this band will be required to generate meaningful directional momentum.