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Stock Market News Today Live Updates: Nifty Above 24,100, Sensex Gains 400 Points; Kirloskar Oil Surges 14%
The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,157.50, compared to Firday's index close of 24,013.10.
Easing West Asia tensions boost IPO activity, 3 issues to open next week
The primary market is showing signs of revival as improving geopolitical conditions in West Asia have boosted investor sentiment, prompting three mainboard IPO launches next week and paving the way for more public issues in the pipeline. Cordelia Cruises operator Waterways Leisure Tourism, Jaipur-based jewellery manufacturer Advit Jewels, and IT solutions provider CSM Technologies will launch their maiden public issues over the next few days, while packaging solutions provider Knack Packaging is expected to announce its price band. Quick commerce unicorn Zepto is looking to raise over Rs 10,000 crore, and the country's largest fund house, SBI Mutual Fund, plans to launch its Rs 13,000-crore public issue next month, according to people familiar with the development. In June, CMR Green Technologies and Hexagon Nutrition have already launched their IPOs, while the public issue of insurtech unicorn Turtlemint Fintech Solutions is currently underway. Adding to the momentum, the National
Siemens Ltd soars 0.06%, gains for fifth straight session
Siemens Ltd is quoting at Rs 3727.7, up 0.06% on the day as on 12:44 IST on the NSE. The stock is up 13.48% in last one year as compared to a 2.73% slide in NIFTY and a 14.16% slide in the Nifty Energy.
ABB India Ltd spurts 0.14%, gains for fifth straight session
ABB India Ltd is quoting at Rs 7174, up 0.14% on the day as on 12:44 IST on the NSE. The stock is up 22.24% in last one year as compared to a 2.73% slide in NIFTY and a 14.16% slide in the Nifty Energy.
Bharat Heavy Electricals Ltd spurts 2.89%, rises for fifth straight session
Bharat Heavy Electricals Ltd is quoting at Rs 403.6, up 2.89% on the day as on 12:44 IST on the NSE. The stock is up 63.27% in last one year as compared to a 2.73% drop in NIFTY and a 14.16% drop in the Nifty Energy.
Stocks to buy or sell: Osho Krishan of Angel One suggests buying Bank of Baroda, Siemens Energy shares on 18 June - Mint
Stocks to buy or sell: Osho Krishan of Angel One suggests buying Bank of Baroda, Siemens Energy shares on 18 JuneMint
APL Apollo Tubes Ltd gains for fifth session
APL Apollo Tubes Ltd is quoting at Rs 1850.3, up 0.45% on the day as on 12:44 IST on the NSE. The stock is up 2.86% in last one year as compared to a 3.09% fall in NIFTY and a 41.61% fall in the Nifty Metal.
Vedanta Power shares rise 4%, snap 2-day losing streak since listing
Vedanta Power shares rebounded after two days of declines following their stock market debut post the Vedanta demerger. The company crossed its listing price amid investor interest and aims to become one of India’s top private thermal power players through expansion and operational growth.
Reliance Power Ltd gains for third straight session
Reliance Power Ltd is quoting at Rs 26.93, up 1.09% on the day as on 12:49 IST on the NSE. The stock is down 57.68% in last one year as compared to a 3.7% jump in NIFTY and a 10.87% jump in the Nifty Energy index.
Inox Wind Ltd soars 1.26%, up for third straight session
Inox Wind Ltd is quoting at Rs 91, up 1.26% on the day as on 12:49 IST on the NSE. The stock is down 45.43% in last one year as compared to a 3.7% fall in NIFTY and a 10.87% fall in the Nifty Energy index.
Suzlon Energy Ltd up for third consecutive session
Suzlon Energy Ltd is quoting at Rs 58.1, up 4.55% on the day as on 12:49 IST on the NSE. The stock is down 9.95% in last one year as compared to a 3.7% slide in NIFTY and a 10.87% slide in the Nifty Energy index.
NSE Indices launch 11 new sectoral indices including Nifty Power and Nifty Hospitals
NSE Indices has introduced 11 new sectoral benchmarks, taking its total sectoral index count to 34. The move aims to deepen sector-specific market coverage, support the growing passive investment ecosystem and provide fund managers with new benchmarks for ETFs, index funds and thematic products.