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Latest Market News Today Live Updates July 29, 2024: Clintech Lab IPO: Issue subscribed over 39 times; check subscription status, other details
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
29 Jul 2024, 10:08:52 PM IST
IPO News Today Live Updates: Clintech Lab IPO: Issue subscribed over 39 times; check subscription status, other details
- The SME IPO was subscribed over 38.96 times on the third day of subscription. The Clintech Lab IPO received 2,22,55,200 share applications out of offered 5,71,200 shares.
29 Jul 2024, 09:44:58 PM IST
Stock Market News Today Live Updates: Sebi proposes to widen scope of ‘Connected Person’ in Insider Trading regulation
- Sebi’s proposed changes aim to include relatives and other close associates of connected persons to ensure comprehensive regulation, without increasing compliance requirements. Public comments on the consultation paper are invited by August 18.
29 Jul 2024, 08:52:50 PM IST
Stock Markets Today Live Updates: Carlyle likely to divest 6.4% stake in PNB Housing Finance for ₹1,256 crore: Report
- According to a term sheet from IIFL Securities, Quality Investment Holdings, a Carlyle entity, plans to sell 1.66 crore shares at a floor price of ₹775 each, targeting to raise ₹1,256 crore. This floor price is set at a 5 per cent discount compared to Monday’s closing price of ₹794.90.
29 Jul 2024, 07:36:31 PM IST
Stock Markets Today Live Updates: Wall Street today: US stocks edge higher ahead of Fed rate decision, Big Tech results
- The Dow Jones rose 0.19%, the S&P 500 was higher by 0.32%, the Nasdaq gained 0.50%
29 Jul 2024, 07:34:56 PM IST
IPO News Today Live Updates: SEBI returns over 10 IPO papers citing omissions; strong signal to merchant bankers: Report
- The Securities and Exchange Board of India (SEBI) is returning draft papers of initial public offerings (IPOs) to merchant bankers citing reasons for the lack of due diligence.
29 Jul 2024, 06:50:49 PM IST
IPO News Today Live Updates: Ola IPO: Here’s what CEO Bhavish Aggarwal said when compared with Maruti Suzuki
- The highly anticipated IPO of Ola Electric Mobility Ltd is scheduled to launch on D-Street this Friday, August 2. The price band for the Ola Electric IPO is set between ₹72 and ₹26, and the offering will close on Tuesday, August 6.
29 Jul 2024, 05:49:58 PM IST
Stock Markets Today Live Updates: It’s a cruel summer for Big Tech stocks
- The Magnificent Seven confront their next test when Microsoft, Meta, Amazon.com and Apple report their results this week.
29 Jul 2024, 05:42:14 PM IST
Stock Markets Today Live Updates: Midcaps continue to outperform but will they sustain the momentum? Experts advise on if it’s time to move to largecaps
- As the stock market continues to show volatility, investors are questioning whether the mid-cap rally will sustain or it’s time to shift focus towards large-cap stocks. Experts from the financial sector weigh in on the current market dynamics and provide insights for investors.
29 Jul 2024, 05:23:15 PM IST
IPO News Today Live Updates: Akums Drugs IPO opens tomorrow: GMP, issue details, 10 key things to know
- Akums Drugs IPO details: IPO price band ₹646-679, subscription from July 30 to August 1, anchor investor allocation on July 29.
29 Jul 2024, 05:19:15 PM IST
Stock Markets Today Live Updates: Nifty 50 at 25k: What is driving the Indian stock market? Is it heading into risky territory? Experts weigh in
- Nifty 50, the key index of the Indian stock market, almost touched the 25,000 mark during the session on Monday, July 29. The index, however, failed to hold altitude and ended flat at 24,836.10 on profit booking.
29 Jul 2024, 05:03:37 PM IST
Stock Markets Today Live Updates: Cipla share price: HSBC expects 13% upside for the stock post Q1 results on firm US prospects.
- Stock Market today: Cipla share price having gained 24% ytd is trading close to 52-week highs that the stock scaled post Q1 results. As US sales growth contributed well and outlook for growth in geography remains strong, India and South African business should support growth.
29 Jul 2024, 05:00:36 PM IST
Stock Market News Today Live Updates: Investors embrace bond funds before rates start to fall
- Fixed-income exchange-traded funds collected more money than ever during the year’s first half.
29 Jul 2024, 04:41:56 PM IST
Stock Markets Today Live Updates: Infosys shares gain 20% in July, largest monthly gain in 4 years; will the rally continue?
- The shares have risen by 19.60% this month, marking the largest monthly gain since July 2020. The stock has gained 21.27% in 2024 so far, surpassing its entire 2023 gain of 2.30%.
29 Jul 2024, 04:26:43 PM IST
Mark To Market Today Live Updates: ICICI Bank is going strong, but proposed LCR norms pose risk for sector
- ICICI Bank’s Q1FY25 performance continues to be a notch above the other large private banks on most parameters.
29 Jul 2024, 04:08:09 PM IST
IPO News Today Live Updates: Ola Electric IPO: From key investors to risks, here are 10 things to know from RHP before investing to ₹6,146 cr issue
- Ola Electric IPO is all set to hit the D-Street this week on Friday, August 2. The Ola Electric IPO, which has a price band set in the range of ₹72 to ₹26, will close on Tuesday, August 6.
29 Jul 2024, 04:03:19 PM IST
Stock Markets Today Live Updates: Top Gainers and Losers today on 29 July, 2024: Divis Laboratories, Bharat Petroleum Corporation, Titan Company, Bharti Airtel among most active stocks; Check full list here
- Top Gainers and Losers Today : The Sensex gained 23.12 points, or 0.03, to settle at 81332.72, while the Nifty gained 1.25 points, or 0.01, to close at 24834.85.
29 Jul 2024, 03:32:59 PM IST
Stock Markets Today Live Updates: Manglam Infra and Engineering IPO share allotment to be finalised today: How to check status? A step-by-step guide
- The IPO was subscribed to 394 times, receiving bids for 1,217,184,000 shares against the available 3,086,000 shares. The IPO size of Manglam Infra and Engineering was ₹27.62 crore, consisting of 49.32 lakh newly issued shares. The IPO price was set in the range of ₹53 to ₹56 per share.
29 Jul 2024, 03:30:30 PM IST
Stock Markets Today Live Updates: Stock market today: Nifty 50 ends flat after touching 25k; midcaps, smallcaps outperform
- Nifty 50 ends flat after touching 25k; midcaps, smallcaps outperform
29 Jul 2024, 03:18:49 PM IST
Stock Markets Today Live Updates: Multibagger NBCC India stock soars over 8% on major order win; details here
- Shares of construction major NBCC (India) rallied over 8 percent in intra-day deals on Monday after the state-owned company announced that its arm, HSCC (India) Limited, has secured a significant order worth ₹411.45 crore.
29 Jul 2024, 03:17:33 PM IST
Stock Markets Today Live Updates: Stock market today: Remedium Lifecare share price jumps 11% after this order book update
- The small-cap company with a market cap of ₹588 crore today declared winning overseas orders worth up to ₹$25 million
29 Jul 2024, 03:12:36 PM IST
Stock Markets Today Live Updates: Beyond the Budget: What the US election means for Indian markets
- The outcome of the US election is expected to have a significant impact on companies with foreign exposure, such as IT services outsourcing.
- Also, Trump’s preference for a weak US dollar has captured widespread attention. Typically, a weaker dollar would benefit an emerging market like India.
29 Jul 2024, 03:09:49 PM IST
Stock Markets Today Live Updates: Outlook on Defence Stocks: Too Expensive or a strategic investment? Rohit Sarin of Client Associates answers
- In a recent note, Rohit Sarin, Co-Founder of Client Associates, highlighted the notable momentum gained by India’s defence sector over the past five years. The critical question arises: Are these defence stocks now too expensive, or do they still offer promise as a strategic investment?
29 Jul 2024, 02:25:21 PM IST
Stock Markets Today Live Updates: Gensol Engineering share: Experts see 20% upside after this near-term breakout. Is this a stock to buy today?
- Gensol Engineering share price is rising today as the company has declared getting fresh solar order worth ₹463 crore, say experts
29 Jul 2024, 02:19:35 PM IST
Stock Markets Today Live Updates: US Fed meet in focus: What does the Indian market expect from the US central bank?
- US Fed meet in focus: The US Fed meeting will start on Tuesday, July 30, and conclude on July 31. The US Fed has been on a pause since July last year when it raised rates last time by 25 bps. At present, the policy rate is in the 5.25-5.50 per cent range.
29 Jul 2024, 02:15:09 PM IST
Stock Markets Today Live Updates: KFin Technologies shares soar over 7% to new all-time high on solid Q1 earnings, up 186% in 16 months
- The company’s AAUM grew by 41.3% year-over-year in Q1 FY25, outpacing the industry growth rate of 36.9%. It holds a 32.3% overall AAUM market share and a 33.4% equity AAUM market share.
29 Jul 2024, 02:14:38 PM IST
Stock Markets Today Live Updates: Stock market strategy: Nifty 50 August series sees low rollovers, but smart bulls buying any minor dips
- Stock market strategy: Motilal Oswal Financial Services claims that the Nifty 50 index had a strong start to the July series, with bulls controlling the market for the most of the series and reaching a new all-time high of 24,854 levels.
29 Jul 2024, 02:13:36 PM IST
IPO News Today Live Updates: Sathlokhar Synergys IPO price band set at ₹133 – 140 per share; SME IPO to open on July 30
- Sathlokhar Synergys IPO price band has been set at ₹133 to ₹140 per share. The issue is entirely a fresh issue of up to 66.38 lakh equity shares of a face value of ₹10 each.
29 Jul 2024, 01:58:43 PM IST
Stock Markets Today Live Updates: Adani Green Energy can soar 75% in bull case scenario, says Jefferies; initiates coverage with a ‘buy’
- Jefferies has initiated coverage on Adani Green Energy with a ‘buy’ recommendation, citing strong industry tailwinds poised to enhance the green energy player’s outlook. A key factor driving this positive outlook is the nearly doubling of Adani Green Energy’s profit in Q1FY25.
29 Jul 2024, 01:51:56 PM IST
Stock Markets Today Live Updates: Small-cap stock under ₹50: Vishal Fabrics shares close to 52-week high after 90% rally in one year
- Small-cap stock under ₹50: After allotment of preferential shares worth ₹153 crore, Vishal Fabrics share price today opened at ₹33 apiece, close to its 52-week high of ₹34.75
29 Jul 2024, 01:20:39 PM IST
Stock Markets Today Live Updates: 5 important points that show electric vehicles are hitting their stride in India
- It may have taken longer than everyone wanted, but there are trillions of dollars sloshing around the EV ecosystem.
- Here are seven stocks that could benefit from the recent announcement of more local components in EV manufacturing
29 Jul 2024, 01:16:32 PM IST
Stock Markets Today Live Updates: Will the Indian rupee find stability this week after dropping to an all-time low?
- On Friday, the rupee hit an all-time low of 83.72 against the dollar, nearing the 84 mark. Traders anticipate that the rupee could weaken further, potentially reaching new record lows this week.
29 Jul 2024, 01:15:18 PM IST
Stock Markets Today Live Updates: Just Dial share price: 5 key reasons why SBI Securities expects 14% upside for the stock. Remains its pick of the week
- Stocks to Buy: Just Dial share price having risen 66% in last one year has given handsome returns to the investors. It remains pick of the week for SBI Securities. Here are five key reasons why SBI Securities expects 14% more upside for Just dial share price
29 Jul 2024, 12:53:58 PM IST
Stock Markets Today Live Updates: Multibagger stock Monarch Networth Capital declares 1:1 bonus shares after fixing record date for 10% final dividend
- Multibagger stock: The small-cap stock has declared record date for final dividend on 2nd August 2024
29 Jul 2024, 12:52:45 PM IST
Stock Markets Today Live Updates: Stock to buy: PI Industries shares jump 5% to record high; Axis Securities bullish on agrochemical stock. Here’s why
- Stock to buy: PI Industries shares have rallied more than 15% in one month and over 24% year-to-date (YTD). PI Industries stock is Axis Securities’ pick of the week.
29 Jul 2024, 12:34:08 PM IST
Stock Markets Today Live Updates: Bandhan Bank stock surges over 13% on strong Q1 earnings. Should you invest now?
- Motilal Oswal has increased its earnings estimates for FY25 and FY26 by 10% and 11%, respectively. It has maintained a ‘Neutral’ rating with a revised target price of ₹220, based on a valuation of 1.3x FY26E ABV.
29 Jul 2024, 12:09:23 PM IST
IPO News Today Live Updates: Chetana Education IPO allotment to be finalised today; 6 steps to check status; know latest GMP
- Chetana Education IPO share allotment will be finalised today (Monday, July 29). The investors who applied for the issue can check Chetana Education IPO allotment status on the registrar’s – Link Intime India Private Ltd – portal.
29 Jul 2024, 12:02:44 PM IST
Stock Markets Today Live Updates: Markets with Bertie: The grand wedding, manufacturing fund and Sam Altman
- Join Bertie as he navigates the whimsical world of market analysts, contemplates the charm of profitable unicorns, and uncovers the hidden perils of online gambling.
29 Jul 2024, 11:47:56 AM IST
Stock Market News Today Live Updates: Ethiopia frees its currency to attract investors, spur growth
- The National Bank of Ethiopia permitted banks to buy and sell foreign currency at freely negotiated rates, according to a directive on its website. The central bank will make “only limited interventions to support the market in its early days and if justified by disorderly market conditions.”
29 Jul 2024, 11:39:17 AM IST
Commodity News Today Live Updates: Gold rate today: Why can’t India afford weakness in gold prices for long? — explained
- MCX gold rate today opened with an upside gap and touched an intraday high of ₹68,534 per 10 gm
29 Jul 2024, 11:29:52 AM IST
Commodity News Today Live Updates: Gold rate today: Yellow metal up on rising demand, US Fed rate cut hopes. Should you buy gold after recent price drop?
- Gold rate on MCX has gains fallen more than 4% in the month of July so far and analysts believe the recent drop in prices can be a good opportunity to buy gold.
29 Jul 2024, 11:14:13 AM IST
Stock Markets Today Live Updates: Sona BLW: Nomura maintains ‘buy’, raises target price by 15% – here’s why
- Maintaining a ‘buy’ recommendation, Nomura raised its target price for Sona BLW by nearly 15 percent to ₹788 from the previous ₹687, indicating an almost 16 percent upside.
29 Jul 2024, 11:00:06 AM IST
Stock Market News Today Live Updates: Spandana Sphoorty Financial, Brightcom Group & others hit 52 week low today ;Check the full list here?
- Following shares hit their 52 week low today – Spandana Sphoorty Financial, Brightcom Group, Bohra Industries, Compuage Infocom, Secur Credentials
29 Jul 2024, 11:00:03 AM IST
Stock Market News Today Live Updates: IDBI Bank, Divis Laboratories & others hit 52 week high today ; Do you own any?
- Following shares hit their 52 week high today – IDBI Bank, Divis Laboratories, Tata Motors DVR, Tata Motors, Infosys
29 Jul 2024, 10:54:48 AM IST
Stock Markets Today Live Updates: Nifty 50 trend to remain positive as long as it stays above 24,500; IDBI Bank among top technical picks by Rupak De
- Technical views on F&O market by Rupak De, Senior Technical Analyst, LKP Securities. De suggests buying IDBI Bank, and Oberoi Realty.
29 Jul 2024, 10:32:12 AM IST
Stock Markets Today Live Updates: Stocks to buy: Adani Ports, Cipla, Ashok Leyland among 9 stocks that may rise 4-16% in next 3-4 weeks, say analysts
- Stocks to buy: For the short term, experts recommend buying stocks that appear attractive on technical indicators. Several experts recommend nine stocks, including Adani Ports, Cipla, and Ashok Leyland, that can rise 4-16 per cent in the next 3-4 weeks.
29 Jul 2024, 10:18:44 AM IST
Stock Markets Today Live Updates: ICICI Bank share price rises after strong Q1 results. Should you buy, sell or hold the largecap banking stock?
- ICICI Bank share price gained after the lender reported a steady quarter, unlike many of its large peers. NII growth has been consistent, and the pace of NIM compression has slowed, while opex has been well under control, even after adjusting for employee increments in Q1, analysts said.
29 Jul 2024, 10:11:26 AM IST
Stock Markets Today Live Updates: City Union Bank stock spikes over 9% to hit a 19-month high on healthy Q1 earnings
- The bank made a provision of ₹109 crore as of June 30, 2024, a decrease from ₹187 crore in the corresponding period last year. Profit after tax (PAT) rose to ₹264 crore in Q1 FY25 compared to ₹227 crore in Q1 FY24.
29 Jul 2024, 10:01:40 AM IST
IPO News Today Live Updates: RNFI Services shares list with 90% premium at ₹199.5 apiece on NSE SME
- RNFI Services shares were listed at ₹199.50 apiece on NSE SME, a premium of 90% to the issue price of ₹105 per share.
29 Jul 2024, 09:46:18 AM IST
Stock Markets Today Live Updates: IDFC First Bank share price dips after Q1FY25 results. Is this a stock to buy today?
- Q1 resaults 2024: Experts believe that IDFC First Bank came out with a muted set of numbers primarily due to increased provisions in JLG business
29 Jul 2024, 09:35:07 AM IST
Stock Markets Today Live Updates: Punjab National Bank share prices rises 5% post Q1 results: Should you Buy, Sell or Hold the stock ?
- Stock Market Today: Punjab National Bank share price gained more than 5% in the morning trades on Monday post Q1 results: The bank reported highest-ever quarterly standalone profit of ₹3,252 crore, bolstered by an increase in interest revenue and a decrease of bad loans. Buy, Sell or Hold?
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