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Stock Market Close Highlights: Sensex falls 400pts, Nifty ends at 24,273 as India-Pak tensions rise
Sensex Today | Stock Market Close Highlights: Among the sectoral indices auto, energy, FMCG, realty, metal, pharma. oil & gas settled in red
8:53 AM
Stock Market LIVE Updates: 'Dip in buying after the opening bell yesterday shows bias remains bullish'
Stock Market LIVE Updates: "The nifty ended flat yesterday but the dip in buying that emerged immediately after the opening bell shows that the bias remains bullish, even though geopolitical risks remain high. Support lies in the 24,000-24,200 area while resistance covers the 24,510 to 23,589 zone."
Views by: Akshay Chinchalkar, Head of Research, Axis Securities
8:38 AM
Stock Market LIVE Updates: Virtual Galaxy Infotech IPO opens on May 9: Here's all you need to know
Stock Market LIVE Updates: Virtual Galaxy Infotech's initial public offering (IPO) is set to open for subscription tomorrow, Friday, May 9, 2025.
The Nagpur-based firm intends to raise ₹93.29 crore through the issuance of 6.57 million new equity shares. The IPO does not include any offer for sale (OFS) component.
The company has allocated approximately 50 percent of the offering to qualified institutional buyers (QIBs), 35 percent to retail investors, and 15 percent to non-institutional investors (NIIs).
8:11 AM
Stock Market LIVE Updates: Tata Motors, SRF, and Bajaj Finance are top stocks to buy today; here's why
Stock Market LIVE Updates: Buy: Tata Motors
Following a breakout from a multi-week consolidation, TATAMOTORS shows increasing volume alongside its upward price movement, signaling renewed buying interest. We anticipate a near-term rally in the stock.
8:09 AM
Stock Market LIVE Updates: DIIs overtake FPIs as dominant investors in Indian markets in March quarter
Stock Market LIVE Updates: As of March 2025, domestic institutional investors (DIIs), mainly mutual funds and insurance firms, have become the leading shareholders in India's equity market, marking a notable change. Data from Prime Database reveals that DIIs held a 17.62 percent stake in National Stock Exchange (NSE)-listed companies, slightly exceeding the 17.22 percent held by foreign portfolio investors (FPIs).
This is the first instance of DIIs surpassing FPIs in shareholding since tracking commenced in 2009, with the value of DII holdings reaching ₹71.76 trillion, 2 percent greater than that of FPIs. READ MORE
7:54 AM
Stock Market LIVE Updates: NSE receives in-principle approval from Sebi for electricity derivatives
7:49 AM
Stock Market LIVE Updates: Operation Sindoor: Prolonged strikes can sink markets, say analysts
Stock Market LIVE Updates: Analysts suggest that a protracted war or heightened tensions with Pakistan following Operation Sindoor, the Indian armed forces' retaliatory attack on Pakistan and Pakistan Occupied Kashmir (PoK), could trigger a market downturn. However, they anticipate a potential recovery if the measures remain targeted and tensions subsequently ease.
Aniruddha Sarkar, chief investment officer at Quest Investment Advisors, noted that historical trends indicate Indian markets have generally performed well during and even after border conflicts with Pakistan, suggesting a similar outcome might be expected this time. READ MORE
7:36 AM
Stock Market LIVE Updates: India grants UK access to £38 bn Indian procurement market under FTA
Stock Market LIVE Updates: As part of the newly concluded free trade agreement (FTA), India has made a notable concession to the United Kingdom (UK) by granting "legally guaranteed access" to its substantial government procurement market. The UK government estimates this will enable British businesses to compete for approximately 40,000 Indian tenders annually, valued at a minimum of 38 billion pounds.
According to a policy paper from the UK Department for Business & Trade, this agreement marks a first, allowing UK businesses to bid on a wide range of goods, services, and construction procurements across most of India's central government entities and several federal state-owned enterprises, with bidding thresholds lower than previously established. READ MORE
7:33 AM
Stock Market LIVE Updates: 13 killed, over 50 injured as Pak army pounds villages along LoC in J-K
Stock Market LIVE Updates: Following India's missile strikes on terror infrastructure in the neighboring country and PoK, the Pakistan Army initiated intense artillery and mortar shelling along the LoC in Jammu and Kashmir, resulting in the deaths of at least 13 people, including four children and a soldier, and injuring 57, officials reported on Wednesday.
This marked one of the most severe instances of shelling in years, forcing hundreds of border residents to seek shelter in underground bunkers or relocate to safer areas. The indiscriminate shelling by Pakistan caused widespread destruction in the worst-affected Poonch district and Rajouri in the Jammu region, as well as Baramulla and Kupwara in north Kashmir. Numerous houses, vehicles, and various buildings, including a Gurudwara, were damaged, triggering panic among the local population.
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Time of India
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