[India] - Market Highlights, Sept 26: Record Highs! Sensex up 666pts; Nifty ends atop 26,200; Auto, metal zoom

INSUBCONTINENT EXCLUSIVE:
3:52 PMStock Market Comment: Nifty, Bank Nifty key levels to watchKey levels for Nifty50 index On the daily charts, we can observe that the
Nifty is heading towards the upper end of the rising channel at around 26,560
Divergence on the momentum indicator suggests that caution should be maintained on the longs.Until there is evidence of weakness on the
We expect the momentum to continue towards 55,000
economic stimulus announcement has greatly enhanced investor confidence, resulting in significant positive momentum in global markets,
especially within Asian indices
Moreover, the market is maintaining an optimistic outlook in response to stable US economic data.Concurrently, the Indian market is reaching
new highs, anticipating a strong recovery in corporate earnings for the H2FY25, fuelled by expected government expenditure
Notably, this rally is led by large-cap stocks, which are more fairly valued compared to mid and small caps, which are exhibiting signs of
Rupee ends st 83.64 per US dollar on Thursday>> Rupee weakens by 4 paise3:44 PMStock Market Close Highlights: Broader market indices settle
with lossesStock Market Close LIVE Updates: BSE MidCap and SmallCap indices suffer losses>> BSE MidCap index slips 0.01% and the BSE
SmallCap index drops 0.39%3:42 PMStock Market Close Highlights: All sectoral indices clock gains; Auto, Metal indices shineStock Market
Close LIVE Updates: All sector indices on NSE gain today>> Nifty Auto, and Metal indices climb 2% each>> Nifty PSU Bank index added 1%3:39
PMStock Market Close Highlights: 26 of 30 Sensex stocks settle with gainsStock Market Close LIVE Updates: 26 of the 30 Sensex stocks ended
higher>> Maruti Suzuki, Tata Motors, Bajaj Finserv, M&M, Tata Steel, JSW Steel, Ultratech Cement, and Bajaj Finance were the top SEnsex
gainers today, rising up to 4.5%>> L&T, HDFC Bank, NTPC, and Infosys were the only Sensex losers today, down up to 0.9%3:36 PMStock Market
Close Highlights: Nifty ends Sept F&O series above 26,200Stock Market Close LIVE Updates: NSE Nifty ends at 26,216.05, up 211.90 points or
intraday today3:25 PMStock Market LIVE Updates: High natural rubber prices to impact profitability of tyre makers: CRISILCRISIL Market
Intelligence and Analytics, Director-Research Pushan Sharma said between fiscals 2011 and 2023, global rubber production grew 35 per cent
while demand expanded 40 per cent resulting in a supply crunch thereby resulting in higher prices
Thursday
Mitsubishi Pencil Company, Japan, a global leader in the writing instruments industry with an annual turnover exceeding $500 million
equity indices BSE Sensex and Nifty 50 extended their gains from the record levels they hit in early trades on Thursday.At 3 PM, the BSE
Sensex was up 550.98 points, or 0.65 per cent, at 85,720.85, while the Nifty 50 was at 26,179.85, up 175.70 points, or 0.68 per cent.2:52
automobile companies were in demand on Thursday's trading session, with the BSE Auto index hitting a record high of 61,540
The index gained nearly 2 per cent in intra-day trades to extend its upward movement after the Securities and Exchange Board of India (Sebi)
approved Hyundai Motor India's Rs 25,000-crore initial public offering (IPO) on Wednesday
READ MORE2:38 PMStock Market LIVE Updates: Urban India likely to spend Rs 1.85 trillion during festive sales, Survey findsStock Market LIVE
The report by LocalCircles also said that almost 70 per cent of buyers will prefer to shop from shops and markets rather than online
The survey is based on the responses of 49,000 households from 342 urban districts of India
Forty-four per cent of respondents were from Tier-I, 34 per cent from Tier-II, and 22 per cent from Tier-III, IV, and V districts
READ MORE2:30 PMStock Market LIVE Updates: 50 units to be set up for pharma, medical device mfg under PLI schemeStock Market LIVE
(PLI) scheme for pharma and medical devices manufacturing, a senior government official said on Thursday
READ MORE2:23 PMStock Market LIVE Updates: Indogulf files IPO with Sebi, aims to raise Rs 200 cr via fresh issueStock Market LIVE
papers with capital markets regulator Sebi to raise funds through an Initial Public Offering (IPO)
READ MORE