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Stock Market LIVE Updates: Sensex, Nifty hold gains; Sula Vineyards, GM Breweries surge up to 18%
Sensex Today | Stock Market LIVE on Wednesday, June 11, 2025: Hero MotoCorp, Coal India, M&M, Reliance Industries, ONGC, Bajaj Auto, and JSW Steel were the top Nifty gainers
10:06 AM
Stock Market LIVE Updates: Sula Vineyards share price zooms 13%
Stock Market LIVE Updates: Nashik-based Sula Vineyards' share price was rising in trade today amid excise duty hike news. Sula Vine shares were up 12.6 per cent today, hitting an intraday high of ₹334.95 per share on the BSE, after the Maharashtra state government exempted wine from higher excise duties. Also, the state government has launched 'Maharashtra Made Liquor' category for the liquor being manufactured in the state.
9:45 AM
Stock Market LIVE Updates: Reliance Industries shares at 3-week high
Stock Market LIVE Updates: Reliance Industries shares are trading 1.7 per cent higher on the Sensex index today, quoting at three-week high. The stock hit an intraday high of ₹1,468 per share. RIL stock, meanwhile, hit a 52-week high of ₹1,609 on the BSE on July 8, 2024.
9:35 AM
Stock Market LIVE Updates: GM Breweries share price sees sharp uptick
Stock Market LIVE Updates: GM Breweries share price was rising in trade on Wednesday. The rise in GM Breweries stock came after the Maharashtra state government introduced a new 'Maharashtra-Made Liquor' (MML) category which is a grain-based alcohol, to be made only by local manufacturers. Notably, GM Breweries is a Mumbai-based company.
Besides, the state government has exempted Beer from the higher excise duty as it has a lower alcohol content compared to hard liquor.
9:25 AM
Stock Market LIVE Updates: Index heatmap check
Stock Market LIVE Updates: Among the Sensex constituents, Eternal, M&M, Reliance Industries, Tata Motors and HCL Tech were the top gainers. Kotak Bank, Power Grid, HDFC Bank, IndusInd Bank, and Adani Ports were among the laggards.
9:24 AM
Stock Market LIVE Updates: Broader markets open in green
Stock Market LIVE Updates: In the broader markets, BSE Midcap was up by 0.31 per cent and BSE Smallcap was up 0.43 per cent.
9:23 AM
Stock Market LIVE Updates: Sectoral indices show mixed trends
Stock Market LIVE Updates: Among the sectoral indices, Nifty Auto and Oil & Gas were the top gainers, followed by IT, Media, Metal, Pharma and Realty. Among the laggards were Nifty FMCG, PSU Bank, Financial Services and Consumer Durables.
9:20 AM
Stock Market LIVE Updates: Nifty50 opens below 25,150
9:17 AM
Stock Market LIVE Updates: Sensex opens flat with positive bias
9:04 AM
Stock Market LIVE Updates: Rupee opens higher Wednesday
8:58 AM
Stock Market LIVE Updates: Pre-opening view
Stock Market LIVE Updates: Pre-opening view
-- The benchmark indices continued to experience narrow range activity. The Nifty ended one point higher, while the Sensex dropped by 50 points. Among the sectors, the IT, Defence, and Media indices gained over 1 per cent, whereas the Realty index was the biggest loser, declining by 1 per cent.
-- Technically, the market has shown a narrow range pattern over the past two days. Key support levels for traders are 25,000 and 25,050, while the resistance zone for bulls lies at 25,150 and 25,200. We believe that as long as the market trades between 25,000 and 25,200, range-bound conditions are likely to persist.
-- A successful breakout above 25,200 could push the market up to 25,400 and 25,500. Conversely, if the market falls below 25,000, selling pressure is expected to increase. Should it drop below this level, the market may retest the levels of 24,850 to 24,775.
-- The strategy should be to take a long trade if it falls back to 24,850/24,800. Keep a stop loss at 24700 for the same. On the higher side, expect short covering above 25200, however, in that case we need to keep a stop loss at 25,000 for the same. However, a close below 25,000 would be negative in the short term.
-- For Bank Nifty, it may consolidate before heading towards 58,000. Buying is advisable around 56,200-56,100 with a stop at 55,900.
Views by: Shrikant Chouhan, head of equity research, Kotak Securities
8:54 AM
Stock Market LIVE Updates: Pre-opening view
Stock Market LIVE Updates: Pre-opening view
-- Market is likely to continue in the consolidation range with a slight upward bias. A clear breakout above Nifty 25100 level, and sustaining above this level, will need sustained large buying.
-- This can happen on positive news regarding a US-China trade deal. Reports of both countries reaching an agreement to implement the Geneva consensus are positive. China is playing their 'rare earth minerals card' effectively.
-- How this trade deal between the two global economic giants develops remains to be seen.
-- In the near-term the market will respond to news regarding the trade negotiations. If there is a clear agreement the market will respond positively and there is a high probability of Nifty breaking above 25100 and remaining above this level.
-- Liquidity will support a mild rally. But a strong rally needs earnings support. There are no indications yet about a strong recovery in earnings. This will cap any short-term rally in the market.
Views by: VK Vijayakumar, chief investment strategist, Geojit Investments
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