Stock Market LIVE: RPP Infra Gets Rs 1,126 Crore Order From BHEL
RPP Infra Projects received Rs 1,126 crore-order from Bharat Heavy Electricals for supply of factory finished structures, the company said in the exchange filing.
Stock Market LIVE: Nuvoco Vistas To Raise Cement Grinding Capacity By 4 MMTPA
Nuvoco Vistas is to raise cement grinding capacity by 4 million metric ton per annum in eastern region with an investment of Rs 200 crore.
Stock Market LIVE: Adani Green Energy’s Arm Operationalises Incremental Solar Power Project
Adani Green Energy’s arm operationalised incremental solar power project of 125 megawatt at Khavda, the exchange filing said.
Capital Market Stocks Surge Over 5% Amid Optimism Over Reforms, Positive Macro Data
Shares of capital market-linked firms including BSE Ltd., Multi Commodity Exchange Ltd. rallied sharply on Monday, jumping up to 5% intraday.
BSE Ltd. rose 4.86% at intraday, and was trading 3.66% up at Rs 2,172.90 apiece at the time of writing. Meanwhile, Multi Commodity Exchange rose 5.62% intraday. However, it pared gains to trade 4.97% higher at Rs 7,757.50 apiece.
Stock Market LIVE: KPI Green Board Approves Special Resolution To Raise Loans & Investment Limits
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KPI Green Energy Ltd.’s board approved special resolution for Increasing limits of Loans & Investments
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The board approved special resolution for increasing limits for selling, leasing or disposing of assets
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KPI Green Energy’s board approved special resolution for Increasing Borrowing Powers of co
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The board recommended re-appointment of Mohmed Sohil Yusufbhai Dabhoya as Whole Time Director
Source: Exchange Filing
Stock Market LIVE: Paras Defence Bets Big On Submarine Contracts To Drive Order Book Volume, Topline Growth
Paras Defence and Space Technologies Ltd. has reiterated its confidence in the Submarine Periscope segment and expects the product to driuve growth going forward.
Speaking to NDTV Profit’s Know Your Company show, Amit Mahajan, Director of Paras Defence, said he is witnessing long-term growth visibility in the submarine periscope segment, which has driven up the order book in recent times.
Supreme Court Dismisses Plea Against E20 Petrol Rollout
The Supreme Court on Monday dismissed a plea that challenged the nationwide rollout of 20% Ethanol Blended Petrol (EBP-20) and sought the option of ethanol-free petrol.
A bench of Chief Justice BR Gavai and Justice K Vinod Chandran passed the order after the Central government opposed the plea and claimed that E20 fuel benefits sugarcane farmers. The government also questioned the credentials of the petitioner, advocate Akshay Malhotra, Bar and Bench reported.
Stock Market LIVE: HDFC Bank Rebounds From Five-Day Slump
HDFC Bank Ltd. share price rebounded from a five-day slump. The stock has been declining on volatility post bonus share issuance.
Stock Market LIVE: Eicher Motors Total Sales Up 6.8%
Eicher Motors August sales data (YoY)
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VECV Sales At 7,167 Units versus NDTV Profit Estimate Of 6,875 Units
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VECV Sales up 9.5% At 7,167 Units
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Total Domestic VECV Sales up 5% At 6,331 Units
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VECV Exports At 593 Units Vs 255 Units
Track live updates here.
Stock Market LIVE: Zomato Mulls Restructuring Of Commission Models With Restaurant Partners
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Zomato mulls restructuring of commission models with restaurant partners
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Zomato discussing easing of commission percentages and long-distance fees with restaurant partners
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Zomato discussions with restaurants happening across country, nothing finalised yet
Source: people in the know
Stock Market LIVE: Rupee Hits New Low Against US Dollar
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Rupee fell 12 paise to record low of 88.33 against US dollar
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It closed at 88.21 a dollar on Friday
Source: Bloomberg
Stock Market Today: SEBI Board To Take up Key Market Reforms On Sept 12
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Changes in minimum public shareholding rules – review timelines for companies to meet public shareholding requirements for listing
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Relaxations for entering large-value AIFs
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Likely to lower entry limit from Rs 70 crore to Rs 25 crore and fewer compliance requirements for AIF schemes
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Indian participation in FPI schemes – proposals to let indian investors and mutual funds join
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New AIF category for accredited investors – lighter rules for funds with only accredited (high net worth) investors
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Easier rules for investment advisors and analysts
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Proposal for subsidiaries’ big deals (above Rs 1 crore) to need parent company audit committee approval
Source: People in the know
Stock Market Today: Greenply Industries Chief Sales Officer Resigns
Greenply Industries Chief Sales and Business Officer resigned.
Stock Market LIVE: India sourced 31.4% Of The Crude Requirement From Russia In July
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India sourced 31.4% of the Crude Requirement from Russia In July
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India Bought $36.26 bn worth crude from Russia in July
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Iraq Was The Second largest Crude sourcing country at 17.1%
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Saudi Arabia supplied 16.1% of crude and UAE supplied at 11.8%
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India sourced 8.9% of crude supplies from USA in July
Source: Govt. of India
Stock Market LIVE: Adani Power Share Price Rises For Second Day
Adani Power Ltd. share price gained for second day in a row. It rose as much as 2.39% to Rs 615 apiece. It was trading 0.53% higher at Rs 603.85 as of 11:53 a.m.
Adani Power Ltd., has received a Letter of Award from MP Power Management Company for supply of power from a new 800 MW Ultra-supercritical thermal power plant to be developed in Anuppur district of MP, the company said in a press release.
Nifty In Technical Charts: Too Many Balls In The Air To Juggle
See the sequence of headlines we have had for our articles over the past several weeks. It tells the story of expectations gone wrong, promises not lived up to, of market designs varying from forecasts and analysis.
Writing on 27th June, I had titled the piece, ‘Breakout at last’. This is when we got the strong decisive move on 20th June and saw some follow through price action on it. On the face of it, we looked to be in the clear after several weeks of consolidation.
Stock Market LIVE: Steel Strips August Business Update (YoY)
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Net Turnover rose 6.3% to Rs 386 crore
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Gross turnover rose 7.4% to Rs 475 crore
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Aluminium products sales volume rose 21%
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Tractor sales volume rose 17%
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Truck sales volume rose 14%
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Two and three wheelers sales volume rose 1%
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Overall sales volume fell 3%
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Overall exports volume fell 58%
Stock Market LIVE: VST Tillers Aug Business Update (YoY)
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Total power tillers and tractor sales rose 2% to 4,499 units
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Total power tillers sales rose 2% to 4,100 units
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Total tractor sales rose 1.3% to 399 units
Source: Exchange filing
Stock Market LIVE: Centrum Capital’s Arm Modulus Alternatives Closes Rs 700 Crore Credit Fund
Centrum Capital’s arm Modulus Alternatives closed Rs 700 crore credit fund, the company said in the exchange filing.
Stock Market LIVE: Ather Energy Share Price Spikes 5% After Launch Of New Platform
Ather Energy Ltd.’s share price spiked 5.45% on Monday, a day after co-founder Tarun Mehta said that achieving 20% market share is possible for the business in the near term.
Ather also launched a new electric scooter platform EL at the Ather Community Day in Bengaluru on Saturday, which will produce e-scooters for multiple segments.
The first product from the latest two-wheeler architecture is expected to be rolled out next year.
Jio Platform IPO: Reliance Stock Under Pressure Post AGM But Brokerages Remain Bullish—Here’s Why
Jio Platform IPO: Several brokerages maintained a positive rating on Reliance Industries following its Annual General Meeting (AGM) on Aug. 29, Friday, highlighting the company’s plan to list Jio Platforms by the first half of 2026.
Brokerages are bullish on Reliance Industries, particularly on back of its multi-modal growth segments, spanning various sectors, including retail and telecom. They also highlighted a multi-decadal growth opportunity for the Mukesh Ambani-led conglomerate.
Stock market LIVE: India’s HSBC Manufacturing PMI Hits Over 17-Year High
India’s HSBC manufacturing Purchasing Manufacturing Index rose to 59.3 in August, the highest level since Feb 2008, Bloomberg reported. It was at 59.1 in July.
Stock Market LIVE: Aurionpro Solutions In Pact With DFCC Bank
Aurionpro Solutions is in pact with DFCC Bank Ltd. to develop predictive artificial intelligence and generative AI, the company said in the exchange filing.
Stock Market LIVE: Ola Electric Share Price Jumps Over 8%
Ola Electric Mobility share price jumped 8.21% to Rs 58.49 apiece. It was trading 7.10% higher at Rs 57.92 apiece as of 10:06 a.m.
Amanta Healthcare IPO GMP Trends Ahead Of Launch Today; Check Key Details
The initial public offering of Amanta Healthcare Ltd. is scheduled to open for subscription on Monday, September 1.
Ahead of the launch of the mainboard IPO, here’s a look at the grey market premium (GMP) and other key details about the Amanta Healthcare IPO.
Stock Market LIVE: Axiscades Technology Gets Order Worth Rs 150 Crore
Axiscades Technology received order worth Rs 150 crore from Defence Research And Development Organisation fro 600 Su-30MKI upgrade, the company said in the exchange filing.
Stock Market LIVE: Reliance Industries Share Price Continues To Fall Post Jio Listing Announcement
Reliance Industries’ share price continued to fall for the second session on Monday morning as the stock hit an intraday low of 1.22%. The fall comes after the oil-to-technology conglomerate conducted its 48th annual general meeting on Aug. 29, in which the company’s chairman Mukesh Ambani announced plans to list Jio by the first of the financial year 2026.
The stock was under pressure on Friday as well as it declined 2.55% intraday.
Stock Market LIVE: Premier Energies Gets Order Worth Rs 2,703 Crore
Premier Energies received order worth Rs 2,703 crore for supply of PV cell and modules, the company said in the exchange filing.
Stock Market LIVE: CG Power Share Price Rises For Second Session
CG Power And Industrial Solutions Ltd. share price rose for second sessions as the company’s subsidiary has launched its first outsourced semiconductor assembly and testing facility in Sanand Gujarat. The share price was trading 1.96% higher at Rs 707.50 apiece as of 9:31 a.m.
Sectoral Performance At Open: Nifty IT Outperforms
On National Stock Exchange, 12 sectoral indices advanced, two declined, and one remained flat out of 15.
Nifty Contributors: Infosys, HDFC Bank, And ICICI Bank Support Gains
Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Tata Consultancy Services Ltd., and Larsen & Toubro Ltd. supported gains in the NSE Nifty 50 index.
Reliance Industries Ltd., Jio Finanical Services, Hindustan Unilever Ltd., Maruti Suzuki India Ltd., and Sun Pharmaceutical Industries Ltd. limited gains for the Nifty 50 index.
Opening Bell: Nifty, Sensex Open Higher As Infosys, HDFC Bank Shares Lead
The NSE Nifty 50 and BSE Sensex opened higher tracking a rise in Infosys Ltd. and HDFC Bank Ltd. The indices were trading 0.39% and 0.40% higher, respectively as of 9:19 a.m.
Yield On 10-Year Bond Opens Higher
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The yield on the 10-year bond opened 2 basis points higher at 6.59%
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It closed at 6.57% on Friday
Source: Bloomberg
Rupee Opens Weaker Against US Dollar
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Rupee opened 4 paise weaker at 88.25 against US dollar
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It closed at 88.21 a dollar on Friday
Source: Bloomberg
Stock Market LIVE: Lloyds Metals Commissions 3.6 Lakh Ton Per Annum
Lloyds Metals And Energy Ltd. commissions 3.6 lakh ton per annum sponge iron plant in Maharashtra.
Titagarh Rail Gets Target Price Cut From Morgan Stanley On Lower Earnings Forecast
Titagarh Rail Systems Ltd. stock received a target price cut from multinational brokerage firm Morgan Stanley as it projects slower earnings growth and delayed delivery of Vande Bharat coaches.
The target price has been reduced to Rs 1,017 from Rs 1,027 earlier. The revised target implies a 23% upside to the last closing price. The stock currently trades at 26 times the FY27 price-to-earnings.
Global Funds Remain Underweight On India Despite Growing Allocation
In a concerning trend for the Indian growth story, foreign portfolio managers have remained underexposed to the Indian markets even as allocations to the market have risen modestly in recent months, notes Goldman Sachs.
In a latest note, led by analyst Sunil Koul, the brokerage firm has noted that over the past three months, exposure to India rose the highest across markets within global Emerging Market (EM) funds.
LPG Price Cut: 19 Kg Commercial Cylinder Rates Slashed By Over Rs 51 — Details Here
Oil marketing companies have announced a reduction of Rs 51 on the price of commercial LPG cylinders, effective from September 1, Monday.
The price of a 19 kg commercial LPG gas cylinder has been slashed by Rs 51.50. Following the revision, the retail price of a 19 kg commercial LPG cylinder in the national capital, Delhi, will be Rs 1,580, according to Goodreturns. In Mumbai, the price was also lower at Rs 1,531.50, and Rs 1,684 in Kolkata. The price was highest among metros in Patna, with Rs 1,829 per cylinder.
Asia Market LIVE Update: BYD Shares Fall 8% After Q2 Profit Decline
Shares of Chinese electric vehicle maker BYD Co. fell 8% to their lowest since February after second-quarter profit missed estimates due to a mix of dealer rebates, an increase in costs, and aggressive price cuts.
The company, which last year beat Elon Musk-led Tesla Inc. to become the world’s top EV seller, reported a staggering 30% plunge in quarterly profit, its first decline in over three years, as per a Bloomberg News report.
Asia Market LIVE Update: Alibaba Shares Jump Nearly 19% In Hong Kong Post Earnings
Alibaba Group Holdings share price jumped nearly 19% to Hong Kong Dollar 137.50 apiece. The Hong Kong-listed share price jumped after the company reported better-than-expected profit on growth of artificial intelligence.
Markets in Japan, South Kora, Australia, and Taiwan fell tracking losses on Wall Street over the weekend. Bucking the trend, shares rose in Hong Kong
US Market Update: Dow Jones, S&P 500 And Nasdaq 100 Futures Advance
US stock futures recovered in Asia session. On Friday, stocks on Wall Street logged losses as technology stocks weighed.
The Dow Jones Industrial Average and S&P 500 were trading 0.18% and 0.17% higher, respectively as of 7:38 a.m. The Nasdaq 100 future was trading 0.24% higher.
LIVE: GIFT Nifty Hints At Positive Open; Brigade Enterprises, Mazagon Dock, H.G. Infra In Focus
The GIFT Nifty was trading 0.17% or 41 points higher at 24,594.00 as of 6:30 a.m., which indicated a positive opening for the NSE Nifty 50 index.
Brigade Enterprises Ltd., H.G. Infra Engineering Ltd., Hindustan Copper Ltd., Mazagon Dock Ltd. and Emcure Pharmaceuticals Ltd. may catch attention of investors because of news flow over the weekend.
The benchmark equity indices closed in the red for the third straight session on Friday, dragged down by shares of Reliance Industries Ltd.
The NSE Nifty 50 ended 74.05 points or 0.3% lower at 24,426.85 and the BSE Sensex closed 270.92 points or 0.34% down at 79,809.6.
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