Stock Market Today Live Updates: BSE Sensex jumps over 600 points, NSE Nifty50 rises above 22,500
Dalal Street began the session in green as crude oil prices eased slightly, though persistent foreign investor outflows and rising retail inflation w
Stock market today: HCL Tech emerges top gainer, jumps 4% IT stocks led the gains, with HCL Technologies rising 4.39% to Rs 1,273.50 and Tata Consultancy Services (TCS) climbing 4.29% to Rs 2,218.20. Tech Mahindra advanced 2.45% to Rs 1,506, while Infosys gained 1.97% to Rs 1,037.05. Trent rose 1.72% to Rs 2,960, followed by Eternal, up 1.56% to Rs 328, and Hindustan Unilever, which gained 1.50% to Rs 1,849.25. .Stock market today: BSE Focused IT jumps 2% in early trade BSE Focused IT index outperformed other key indices, gaining 693.96 points, or 2.02%, to 35,016.46. BSE Bankex climbed 364.31 points, or 0.59%, to 62,225.53, while BSE Sensex 50 advanced 0.57% to 23,620.42. The BSE Sensex Next 50 was 0.23% up to 81,931.89..Stock market today: BSE Sensex rises 400 points, NSE Nifty50 trades above 22,450 Dalal Street began the session on a strong note, with both indixes rising 0.5% in early trade. BSE Sensex rose 411.16 points, or 0.57%, to 72,335.84, while NSE Nifty 50 gained 106.20 points, or 0.47%, to 22,461 as of 9.26 am IST..Stock market today: Sensex jumps 200 points, Nifty50 trades above 24,000 Equity benchmarks opened in positive territory on Tuesday. BSE Sensex rose 229.19 points, or 0.32%, to 72,153.87, while Nifty 50 gained 73.95 points, or 0.33%, to 22,437..Stock market today: Nifty’s outlook remains weak below 22,580, here's what analysts say Experts see immediate support for Nifty at 22,300, with a fall below this level potentially taking it down to 22,150. On the upside, resistance was seen at 22,800 and 22,900. Hemang Gor, senior research analyst at Axis Direct, said the Nifty’s outlook would remain weak below 22,580. The assessment came after the Nifty recovered 1.30%, or 289 points, from its intraday 52-week low on the previous Thursday and closed at 22,520 on Friday. During the recovery, the Nifty IT index rose around 3%, while FMCG gained 2.2%. However, the index closed lower at 22,363.35 on Monday..Stock market today: GIFT Nifty signalled a muted start amid inflation and crude concerns Dalal Street seems to be poised for a muted opening on Tuesday, with investors monitoring Middle East tensions, elevated crude prices and the latest retail inflation figures. GIFT Nifty futures stood at 22,423.5, indicating a muted start for the Nifty 50, which had closed at 22,363.35 on Monday. India's retail inflation accelerated to a higher-than-expected 5.54% in September, moving closer to the Reserve Bank of India’s upper tolerance limit of 6%. The rise in inflation strengthened the case for further interest rate hikes as the Iran war and a weak monsoon added to price pressures. Hariselvan Radhakrishnan, founder and CEO of HST Wealth, said persistently elevated food and energy prices could strengthen the case for further monetary tightening and keep borrowing costs higher for longer..Stock market today: Brent crude slipped below $106 as traders assessed supply risks Crude oil prices declined on Tuesday after rising by nearly $2 a barrel in the previous session, as traders weighed the risk of supply disruptions following attacks on Saudi Arabia against the prospect of additional diesel supplies from Russia. West Texas Intermediate crude was trading at $92.84 a barrel, down 90 cents, or 0.96%, while Brent crude fell $1.01, or 0.95%, to $105.60 a barrel. Brent futures had settled at $106.65 on Monday, their highest level since September 15. Oil markets found some relief after US President Donald Trump said Russia had agreed to supply diesel to global markets. The US administration had temporarily lifted sanctions on Russian fuel. The additional supplies could ease tightness in global fuel markets, although US lawmakers from both parties questioned the agreement over restrictions on Russian energy imports linked to Moscow’s war against Ukraine..Stock market today: South Korea's Kospi plunged nearly 6% as chip stocks tumbled Asian equities came under pressure amid concerns over competition in the semiconductor industry, with South Korea’s Kospi falling nearly 6% in early trading on Tuesday. The index dropped 382.18 points, or 5.93%, to 6,002.06 as of 0213 GMT, while the decline triggered a temporary trading curb. The Korea Exchange halted programme sell orders for five minutes after Kospi 200 futures fell 5.08%. The sell-off followed a decline in US memory-chip maker Micron Technology overnight, after reports of rapid technological advances by Chinese rival ChangXin Memory Technologies. Samsung Electronics fell 7.19%, while SK Hynix lost 8.72%. Other major decliners included LG Energy Solution, Hyundai Motor, Kia and POSCO Holdings. Of 915 traded issues, 832 declined and 66 advanced. Foreign investors were net sellers of shares worth 2,065.3 billion won..Stock market recap: Dalal Street ended previous session in red Indian equity benchmarks ended Monday’s session with losses, with the Sensex closing at 72,638.70, down 429.11 points, or 0.59%, while the Nifty 50 settled at 22,363.35, falling 158.55 points, or 0.70%. The indices had opened higher earlier in the session, with the Sensex rising 329.31 points, or 0.45%, to 72,801.64 and the Nifty gaining 113.30 points, or 0.50%, to 22,633.75. Sensex had opened at 72,771.32, while Nifty began at 22,593.20. Easing crude prices had supported sentiment at the start, but persistent foreign investor selling and elevated global bond yields remained concerns. Nifty’s close at 22,363.35 was also below the 22,520.45 level recorded at the previous week's close.
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