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Home»Stock»Sensex Today | Stock Market Live Updates: Sensex falls over 350 points, Nifty below 21,700 points. IT and pharmaceutical stocks buck the trend
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Sensex Today | Stock Market Live Updates: Sensex falls over 350 points, Nifty below 21,700 points. IT and pharmaceutical stocks buck the trend

The Elite Times TeamBy The Elite Times TeamFebruary 12, 2024No Comments7 Mins Read
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February 12, 2024 11:13:50 AM IST

Sensex Today | Stock Market Live Updates: Signature Global to develop housing project in Gurugram.Sales are pegged at 450 billion rupees

10:41:10 AM IST, February 12, 2024

Sensex Today | Stock Market Updates: Fredun Pharmaceuticals announces that the company has secured orders from Southeast Asian countries, expanded product development in the veterinary sector and advanced applications in the orthopedic sector. did.

10:31:33 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Dynacons Systems and Solutions wins contract worth Rs 9,000 crore from BSNL

10:29:09 AM IST, February 12, 2024

Live Stock Market Updates: Share price of state-run Life Insurance Corporation of India (LIC), which has become India’s fourth largest company by market capitalization, hit a high of Rs 1,150 today as brokers hiked the stock price and hiked the price. It rose by 6%. The price target was set based on a strong set of numbers from the Q3 earnings report card.

10:02:31 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Gensol Engineering, Matrix Gas Consortium win PLI tender to manufacture hydrogen electrolysers

09:49:45 AM IST, February 12, 2024

Market View | Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

With the S&P 500 index closing above 5,000 for the first time, support from the mother market bodes well for bulls. However, bears are likely to take cues from the rise in US Treasury yields (10-year bond yield is 4.17%) which usually triggers heavy selling from FIIs. Therefore, the tug of war between bulls and bears is likely to continue.

The fact that the market has remained resilient even after the initial frenzy for early rate cuts in 2024 in both the US and India has subsided shows its strength. Apart from positive economic indicators, the main factor supporting the market is the sustained flow of funds into the market through mutual funds. This could trigger some bullish buying, and the market’s high valuations could remain for some time. However, low valuations across the market are a cause for concern. From a long-term perspective, safety lies in large-cap stocks.

09:46:14 AM IST, February 12, 2024

Stock Market Live Updates | Earnings Impact: Honasa Consumer (Mamaearth) share price closes 10% after the company reported a 265% rise in consolidated net profit to Rs 26 million for the quarter ended December It has risen.

09:38:41 AM IST, February 12, 2024

Sensex Today | Stock Market Updates: Paytm shares opened 3.6% higher in early trade after the fintech firm approved setting up a group advisory committee on compliance and regulatory issues.

09:37:44 AM IST, February 12, 2024

The rupee appreciated by 8 paise against the US dollar in early trade to Rs 82.99.

09:23:03 AM IST, February 12, 2024

Stock Market Live Updates | Revenue Impact: Tata Power’s consolidated net profit rose by just 1% year-on-year to Rs 953 crore in the December quarter.

09:22:40 AM IST, February 12, 2024

Stock Market Live Updates | Earnings Impact: Hero MotoCorp on Friday reported a 51% year-on-year increase in net profit to Rs 1,073.4 crore for the quarter ended December, almost in line with expectations was. Operating revenue for the quarter rose 21% year-on-year to Rs 9,724 million.

09:21:40 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Tata Power, PNB are among the most active stocks in morning trade

09:20:04 AM IST, February 12, 2024

Opening bell: Sensex, Nifty flat.Tata Power falls 4%, Hero Moto falls 3%.

09:09:03 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Pre-open session: Sensex gains 120 points. Over 21,800 lovely

08:37:52 AM IST, February 12, 2024

Pre-trade comments by Prashanth Tapse, Senior VP (Research), Mehta Equities

It was a rather subdued week on Dalal Street, with limited participation in the Nifty and a conspicuous absence due to fears of missing out, with the pursuit of strength proving ineffective. Investor caution is growing as debate continues over the RBI’s unstimulative monetary policy and the Federal Reserve’s inflation target. Despite the market downturn, the S&P 500 index’s historic closing price above his 5,000 offers some optimism. From a technical point of view, the intraday support for Nifty is 21557, while the hurdle is his all-time high at 22127. Support for Bank Nifty is 44429 and immediate hurdle is 46311. Nifty options data suggests a trading range of 21500-22500. Key factors include his January CPI in the US, plus his CPI and IIP figures in India. All eyes are on corporate earnings and third-quarter financial results, and the outlook for Nifty’s rise is bright as it aims to hit a new all-time high. Weakness among buyers below 21557 could attract bears. The proposed trades include buying Nifty at CMP targeting 21907/22011 and buying Bank Nifty at CMP targeting 46181/46893. Today’s chart favors BANK OF BARODA, BHARAT FORGE, SIEMENS, ADANI ENTERPRISES due to intraday weakness. The recommended stock to buy is PNB (CMP 124) with a stop high of 116.75 and a target of 129/135, following a monthly strategy based on higher high/low rationales.

08:18:55 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Gold stalls in thin trading.Focus on the Fed in a data-packed week

Gold prices were flat on Monday as holiday trading faded, after falling last week on rising bond yields, but investors weighed in on a data-packed week with U.S. Federal Reserve officials’ I was waiting for you to speak.

07:56:09 AM IST, February 12, 2024

Sensex today | Stock market live updates: Australian and New Zealand dollars fall as holiday trading fades

The Australian dollar and Kiwi dollar fell in thin holiday trading on Monday, but traders said the market’s bet on further interest rate hikes could make or break the New Zealand central I was paying attention to Banks’ lecture.

07:55:43 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Crude oil begins the week lower after Israel announces ‘end’ to attack on Gaza

Oil prices fell in early Asian trade on Monday after Israel said it had “ended” a series of attacks in southern Gaza, easing some concerns about supplies from the Middle East.

07:21:25 AM IST, February 12, 2024

Sensex today | Stock market live updates: GIFT Nifty (formerly SGX Nifty) shows strong start

NSE IX gift Nifty traded 93 points or 0.43% higher at 21,943.50, pointing to a strong start on Dalal Street on Monday.

07:21:18 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Quarterly Earnings Today

Today, companies like Coal India, HAL, NHPC, SAIL and many others will announce their third quarter results.

07:21:33 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Tech View: Nifty finds support at 20-DMA

Nifty ended 65 points higher on Friday, found support at 20-DMA and formed a small solid positive line with a small underside on the daily chart, suggesting buying at lower levels.

07:21:32 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: S&P 500 closes above 5,000 milestone for the first time on megacap rally

On Friday, the S&P 500 closed above 5,000 for the first time, and the Nasdaq at one point rose above 16,000, boosted by semiconductor stocks including MegaCap and Nvidia as investors bet on artificial intelligence technology and focus on strong earnings data. traded above.

07:21:26 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Rupee depreciates by 7 paise to end at 83.03 against USD

On Friday, the rupee depreciated by 7 paise to 83.03 rupees (preliminary) against the US dollar on the strength of the US currency and rising crude oil prices in international markets.

07:21:40 AM IST, February 12, 2024

Sensex Today | Stock Market Live Updates: Sensex, Nifty on Friday

The S&PBSE Sensex rose 167 points (0.23%) to settle at 71,595. The broader NSE’s Nifty rose 64 points or 0.30 per cent to end at 21,782.

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