Stock Market Today: Foreign Institutional Investors (FIIs) net sold shares worth Rs 1,209.10 crore, while Domestic Institutional Investors (DIIs) ne bought shares worth Rs 6,886.65 crore on Friday, September 27.3:53 PMStock Market Highlights LIVE Updates: India market weakened under global pressure, premium valuationsGlobal markets turned topsy turvy under the threat of rising geopolitical risk in the Middle-East and plausible increase in Yen interest rate which can reduce cross country investments in equity.On the contrary, the Chinese market had a resurgence due to a large stimulus package and cheap valuation.
India also weakened under the global pressure and premium valuation while metals are expected to outperform in the near-term.Going ahead the domestic focus will be on the upcoming Q2 results where earnings growth is expected to revert after the dull Q1.(Comment by: Vinod Nair, Head of Research, Geojit Financial Services.)3:51 PMStock Market Highlights LIVE Updates: Break below 25,750 could lead to further correction for Nifty50The Nifty slipped sharply following a brief pause in the previous trading session, breaking below its recent consolidation.
This decline was accompanied by a significant negative divergence in the RSI (14), indicating potential further weakness.
Sentiment may remain weak in the near term, with support placed at 25,750.A break below 25,750 could lead to further correction.
On the higher side, resistance is seen at 26,000.(View by:Rupak De, Senior Technical Analyst, LKP Securities)3:46 PMStock Market Highlights LIVE Updates: JSW Steel, NTPC, Hindalco rise up to 3% on NSEJSW Steel, NTPC and Hindalco surged up to 3 per cent on the NSE, while HeroMoto Corp, Axis Bank, and Trent were among the losers on the index.3:43 PMStock Market Highlights LIVE Updates: Nifty Auto, Bank, Financial Services, Realty shed up to 2%Among sectors Nifty Auto slipped the most, falling 2.11 per cent, followed by Nifty Financial Services, Nifty Bank, and Nifty Realty among others.3:41 PMStock Market Highlights LIVE Updates: Broader market checkThe BSE MidCap index closed 0.28 per cent lower, while BSE SmallCap ended slighlty higher, up 0.07 per cent on Monday.3:39 PMHeatmap check: 25 out of 30 stocks end in red on SensexAxis Bank, Reliance Industries, and ICICI Bank fell around 3 per cent each on Monday and were followed by the likes of M-M, Bajaj Finserv and Tech Mahindra among others.3:34 PMStock Market Highlights LIVE Updates: Nifty finishes 25,810, slips over 350 ptsNSE's Nifty50 finished around 368 points lower or 1.41 per cent down at 25,810 level.3:32 PMStock Market LIVE Updates: Sensex closes over 1,250 pts downThe benchmark BSE Sensex slipped 1,272points or 1.49 per cent at 84,299 level.3:27 PMStock Market LIVE Updates: All sectors in red except Nifty Metal, MediaAll sectors retreated on Monday except Nifty Metal and Mifty Media that surged over 1 per cent each.3:16 PMForeign investors to step up Indian bond purchases in H2 as rate cuts closeForeign investors are expected to be more aggressive in their purchases of Indian debt in the second half of this fiscal year amid strong macroeconomic fundamentals, with potential domestic rate cuts also boosting appetite.India is scheduled to sell bonds worth 6.61 trillion rupees ($78.96 billion) during the October-March period after it sold 7.40 trillion rupees of debt from April to September.
Read more3:04 PMStock Market LIVE Updates: 3 PM Market UpdateAt around 3:02 PM, the benchmark BSE Sensex slipped 1,259 points or 1.47 per cent at84,299 level.3:03 PMStock Market LIVE Updates: Indian Oil withdraws Rights Issue worth Rs 22,000 croreStock Market LIVE Updates: According to Indian Oil's stock exchange filing, the MoP-NG has conveyed that no funds have been allocated for capital support to Oil Marketing Companies (OMCs) in the Budget 2024-25, as against the earlier proposed allocation of Rs.
30,000 crore.>> Therefore, in view of the Govt.
of Indias (Promoters) non-participation in the Right Issue, the Board at its meeting held on 30.09.2024 has decided to withdraw the proposed Right Issue of equity share.2:55 PMStock Market LIVE Updates: Shakti Pumps shares lock in 5% upper circuit on plans of 5:1 bonus issueStock Market LIVE Updates:Shares of Shakti Pumps were locked in the 5 per cent upper circuit on the BSE after the company announced a 5:1 bonus issue to its existing shareholders on Monday.
READ MORE2:50 PMStock Market LIVE Updates: Foreign investors to step up Indian bond purchases in H2 as rate cuts closeStock Market LIVE Updates:Foreign investors are expected to be more aggressive in their purchases of Indian debt in the second half of this fiscal year amid strong macroeconomic fundamentals, with potential domestic rate cuts also boosting appetite.
READ MORE2:40 PMStock Market LIVE Updates: Aurobindo Pharma share down 4% as arm gets 10 observations from USFDAStock Market LIVE Updates:Aurobindo Pharma share declined 4.3 per cent today, logging an intraday low of Rs 1,443.5 per share on the BSE.
The scrip dropped after the US Food and Drugs Administration (USFDA) inspected Apitoria Pharma, a subsidiary of Aurobindo Pharma's Active Pharmaceutical Ingredient (API) manufacturing facility in Telangana.
READ MOREFirst Published: Sep 30 2024 | 7:41 AMIST