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Closing Bell: Sensex Ends 312 Pts Down, Nifty Ends Above 25,443 Mark; Steel and Cement Stocks Top Gainers
Stock Market Live Updates: As of 2 PM on Wednesday, stock market were trading in the red with selling pressure. The Nifty 50 was down 140.25 points (0.55%) at 25,401.55, while the Sensex had slipped 448.62 points (0.54%) to 83,248.67.
The Nifty and Sensex are likely to open on a positive note, indicated Gift Nifty on Wednesday. The Indian stock market is likely to follow the cues of Asian Stock Markets, which are trading mix today.
Whereas, the United States stock market ended the previous session with marginal gains. Nifty 50 on Tuesday ended the session 0.10% higher at 25541, whereas BSE Sensex concluded Tuesday's trading session 0.11% higher at 83,697.29 points.
While the Bank and PSU sector stocks remained strong on Tuesday. Apollo Hospital, BEL, Reliance, Asian Paints, SBI Life, Jio Finance, were among the top gainers on Tuesday.
Stock Market Live Updates: Godrej Properties Sells 2.5% Stake in Vivrut Developers for Rs 8.6 Crore; Stock Slips
Godrej Properties stock fell by 0.66% on the NSE, closing at Rs 2,299.30. The company sold a 2.5% stake in Vivrut Developers to Godrej Ventures & Investment Advisers for Rs 8.6 crore.
Stock Market Live Updates: Top Gainers and Top Losers Today
Latest market update now
Market at 2 PM
Nifty 50 was down 140.25 points to 25,401.55, while the Sensex had slipped 448.62 points to 83,248.67. The decline was mainly led by financial heavyweights. HDFC Bank was the biggest laggard, dragging the indices down by 112.19 points, followed by Bajaj Finance with a 93.22-point impact, Reliance Industries with 90.16 points, Larsen & Toubro with 63.20 points, and Bajaj Finserv with 59.84 points. On the positive side, cement, metal, and telecom stocks offered some support. UltraTech Cement added 50 points, Tata Steel contributed 39.80 points, while Bharti Airtel, Maruti Suzuki, and Asian Paints chipped in with 15.53, 11.23, and 11.04 points respectively.
Sambhv Steel Tubes IPO Listing
Sambhv Steel Tubes is the new entrant on the mainboard BSE and NSE in the iron and steel sector. On its debut day, Sambhav Steel made a strong listing of 34.3% premium on BSE and 34.1% on NSE.
ITI Limited Wins Orders worth Rs. 88 Crores in Odisha and Chhattisgarh
ITI Limited has won various contracts worth around Rs. 88 Crores in the states of Odisha and Chattisgarh. Cuttack Development Authority (Odisha) ITI Limited has won contract from Cuttack Development Authority for procurement & installation of CCTV surveillance camera at different locations of Cuttack along with setup of traffic signal system worth Rs. 54 crores in the state of Odisha. ITI Limited has also won a contract for Land Intelligence Management System through GIS based application from Cuttack Development Authority worth Rs. 23.05 Crores. ITI Limited has won a contract from Chhattisgarh Infotech Promotion Society (CHiPS) for Implementation/Upgradation of WLAN/LAN Infrastructure at Mantralaya and HoD Bhawan at Nava Raipur in Chhattisgarh worth Rs. 11.72 Crores.
DEV IT Secures Major Rs. 4.4 Cr IT Deal with Alivus Lifesciences
Dev Information Technology Limited, a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has secured significant orders worth approximately Rs. 4.4 crore from Alivus Lifesciences Limited. The wins reflect DEVIT’s growing presence in the enterprise technology space and its ability to deliver value-driven IT solutions. The engagement includes a significant order of Rs. 3.60 crore for Microsoft Select Plus perpetual licenses. While the licenses will be billed directly by the Licensing Solution Partner, DEVIT played a key advisory role in aligning Alivus Lifesciences’ IT infrastructure with the right Microsoft licensing model. This reinforces DEVIT’s capability in managing complex enterprise IT requirements and supporting clients in their digital transformation journeys.
Market Live Updates: Sambhv Steel Tubes Makes Strong Debut
Sambhv Steel Tubes listed at 34.3% premium to Rs 110.10 on BSE, against its IPO price of Rs 82 apiece. The stock's 52-week high and low is at Rs 110.89 and Rs 96.17 apiece respectively.
Market Live Updates: HDB Financial Services Debuts
The biggest NBFC IPO, HDB Financial Services, made a strong debut on BSE and NSE, listing at nearly a 13% premium from its issue price. This makes HDB among the best performers in large-sized IPOs post-COVID. According to experts, HDB Financial Services offers a value-driven opportunity for investors.
Stock Market Live: Nifty, Sensex Recap
Stock Market Live: Apart from lukewarm start of the Nifty and Sensex today, nearly all the broad market indices are trading in green.
Stock Market Live: Nifty, Sensex Open Flat
Stock Market Live: Nifty 50 and BSE Sensex have opened flat on Wednesday. Nifty 50 opened 46 points higher at 25588.3 points, whereas Sensex was up nominally by 93 points at 83790.7 points.
Stock Market Live: Nifty, Sensex Start On A Muted Note; Infosys, Tech Mahindra, ICICI Bank, Top Gainers
Stock Market Live: Nifty, Sensex Start On A Muted Note; Infosys, Tech Mahindra, ICICI Bank, Top Gainers
Stock Market Live: Gift Nifty Indicates Positive Start Of Stock Market
Stock Market Live: Gift Nifty indicates a positive start of the Indian stock market today. Nifty and Sensex pared nominal gains on Tuesday
Stock Market Live: Welcome To Our Live Coverage of The Indian Stock Market Today
Stock Market Live: Welcome to our coverage of the Indian stock market today where we bring you latest updates related to Nifty, Sensex and lot more
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