Stock Market Today Live Updates: BSE Sensex tumbles over 200 points, NSE Nifty50 rallies above 22,700

Stock market today: BSE Sensex tumbles over 1%, NSE Nifty50 plunges below 22,550 levels BSE Sensex was down 908.76 points, or 1.23%, at 72,689.91, while NSE Nifty50 declined 227.80 points, or 1%, to 22,521.95..Stock market today: Jio Platforms Limited debuts Dalal Street, lists at 21% premium over issue price Shares of Jio Platforms, the country’s largest-ever public offering, made their stock market debut, listing at Rs 1,359 on the BSE and NSE, a 21.36% premium over the IPO price of Rs 1,119 per share. The Rs 30,200-crore IPO attracted cumulative demand of more than Rs 7 lakh crore across the anchor and public book-building process. Investor appetite was evident from the outset, with the issue being fully subscribed within 100 minutes of opening. The Rs 5,500-crore portion reserved for qualified institutional buyers (QIBs) was subscribed within the first 10 minutes..Stock market today: BSE Sensex trades 400 points lower - check top laggards on the index BSE Sensex was trading 449.11 points or 0.61% down at 73,149.56, dragged down by IT heavyweights. Infosys was the worst performer among the listed stocks, falling 4.34% to Rs 1,111.50, followed by Tech Mahindra, which declined 3.08% to Rs 1,751.40, and TCS, down 3.06% to Rs 2,423.50. HCL Technologies also slipped 2.63% to Rs 1,378.75. ITC fell 1.98% to Rs 254.85, while Bajaj Finserv declined 1.79% to Rs 1,650. Titan lost 1.68% to Rs 4,293.50. Bharti Airtel and Asian Paints dropped 1.46% and 1.44%, respectively..Stock market today: BSE Sensex trims over 700 points in early trade Benchmark indices traded sharply lower on Wednesday as rising crude oil prices weighed on investor sentiment ahead of the US Federal Reserve’s policy decision. BSE Sensex fell 737.32 points, or 1%, to 72,861.35 while NSE Nifty50 slipped below 22,600 to trade at 22,586.40 or 182.80 points down. .Stock market today: Top gainers on BSE Sensex Larsen & Toubro (L&T) emerged as the top gainer among the listed Sensex stocks in the reported market update, with its shares rising 5.15% to Rs 3,858.95. State Bank of India (SBI) also traded in positive territory, gaining 0.81% to Rs 952.80. Axis Bank shares advanced 0.35% to Rs 1,210.40. The gains across these three stocks came amid a weak opening for the benchmark indices, with the Sensex declining 646.71 points, or 0.88%, to 72,951.96 at 9:15 am, while the Nifty 50 fell 155.20 points, or 0.68%, to 22,594.55..Stock market today: BSE Sensex tumbles over 600 points, NSE Nift50 opens below 22,600 Benchmark indices opened sharply lower on Wednesday with Sensex plunging over 600 points and Nifty50 trading beloe 22,600. The BSE Sensex fell 646.71 points, or 0.88%, to 72,951.96. NSE Nifty50 declined 155.20 points, or 0.68%, to 22,594.55. The weak opening came against a backdrop of elevated crude oil prices and caution ahead of the US Federal Reserve’s policy decision. Investors are also tracking Jio Platforms’ scheduled stock market debut..Stock market today: Rupee opens strong, rises 4 paise against US dollar Rupee opened strong on Wednesday, strengthening 4 paise to 95.03 against the US dollar in early trade. The movement followed the currency’s previous close at 95.07 against the greenback. The currency had appreciated 8 paise in the previous session, supported by likely intervention from the Reserve Bank of India. However, elevated crude oil prices and a stronger US dollar had limited its recovery..JIO IPO listing: When will Jio Platforms shares start trading on NSE and BSE? Jio Platforms is set to make its debut on the NSE and BSE at 10 am. Ahead of regular trading, the shares are expected to go through a special pre-open session, as prescribed under the standard equity-market listing process..Stock market today: Where are NSE Nifty50 and BSE Sensex headed? Dalal Street might be headed for a muted opening in pre-market assessment, with rising oil prices weighing on risk appetite ahead of the US Federal Reserve’s policy decision. GIFT Nifty futures stood at 22,593, pointing to a weaker start for the benchmark Nifty 50, which had closed at 22,749.75 in the preceding session. The expected opening direction came against a backdrop of elevated crude prices and attention on the Federal Reserve’s commentary on inflationary pressures and the future path of monetary policy. Jio Platforms’ anticipated stock market debut was another key event in focus. .Stock market today: Foreign investors make biggest daily equity purchase in nearly two months Foreign portfolio investors bought a net Rs 42.40 billion ($445.78 million) worth of Indian equities in the previous session, marking their largest daily purchase in nearly two months, according to provisional NSE data. Domestic institutional investors, however, were net sellers, offloading shares worth Rs 12.50 billion. The opposing flows offered a contrasting picture of institutional activity in the market. The foreign investor purchases came as benchmark indices ended nearly flat, with the Sensex slipping 8.08 points and the Nifty declining 3.45 points. The figures also formed part of the broader market context ahead of the Federal Reserve’s policy decision and Jio Platforms’ expected listing. The data was provisional, as reported by the NSE..Asian stocks today: South Korean stocks surge nearly 6% as chipmakers rally South Korean shares rallied sharply, with the benchmark KOSPI gaining 337.64 points, or 5.99%, to 5,975.98 as of 0140 GMT. The rise was led by chipmakers after SK Hynix reported third-quarter profit above expectations and forecast robust demand. If the gains held, the index was on course for its biggest daily percentage rise since July 31. SK Hynix shares climbed 8.20%, while Samsung Electronics advanced 8.90%. Other major stocks also moved higher: battery maker LG Energy Solution gained 1.70%, Hyundai Motor rose 3.27% and Kia Corp advanced 1.50%. The rally in South Korean equities provided a contrast to the subdued close of Indian benchmark indices in the preceding session..Stock market today: Brent crude hovers near six-month high amid supply concerns Oil prices rose after an attack on a refinery in Saudi Arabia renewed concerns about supply risks in the Middle East amid the conflict involving Iran and its proxies. Brent crude futures climbed $1.48, or 1.3%, to $115.36 per barrel, while US West Texas Intermediate crude rose $1.22, or 1.22%, to $101.12. Yemen’s Iran-aligned Houthis said they had struck Saudi Arabia’s largest oil refinery with a missile, intensifying their attacks against the world’s second-largest crude producer. Saudi authorities had not immediately confirmed the strike on the facility, which has a capacity of 550,000 barrels per day. The price gains followed a decline of nearly $2 in the previous session, when Middle East talks had helped ease supply concerns..Stock market recap: Rupee gained 8 paise against US dollar after likely RBI intervention Rupee appreciated 8 paise to close at 95.07 against the US dollar on Tuesday, supported by likely intervention from the Reserve Bank of India. The currency had opened at 95.17 in the interbank foreign exchange market and traded within a narrow range of 95.02 to 95.24 before settling higher. However, the recovery came against a backdrop of elevated crude oil prices and a stronger US dollar ahead of the Federal Reserve’s policy decision. Forex traders said the rupee had recovered after RBI intervention but remained under pressure from persistent selling by foreign equity investors. Despite the latest gain, the currency had lost 77 paise against the dollar over the preceding three sessions..Stock market recap: Sensex, Nifty end nearly flat after volatile session Benchmark stock indices Sensex and Nifty closed largely unchanged on Tuesday after a volatile trading session, with profit-taking in information technology and blue-chip banking shares weighing on sentiment. Elevated crude oil prices and caution ahead of the US Federal Reserve’s policy decision also featured in the market backdrop. The 30-share BSE Sensex slipped 8.08 points, or 0.01%, to settle at 73,598.67. The index moved between an intraday high of 73,762.98 and a low of 73,179.41. Of its 30 constituents, 17 advanced, 12 declined and one remained unchanged. The 50-share NSE Nifty edged down 3.45 points, or 0.02%, to close at 22,749.75.