Latest Market News Today Live Updates: Stock Market Wrap-Up, Top Gainers and Losers, Sector Performance, and More – September 20, 2024
The stock market saw significant movements today, with the Sensex gaining 1359.51 points and the Nifty gaining 375.15 points. Mahindra & Mahindra, ICICI Bank, Grasim Industries, and State Bank Of India were among the most active stocks. The market wrap-up also highlighted over 250 stocks hitting one-year highs on BSE, with investors earning over ₹6 lakh crore in a single day.
In other news, Axis Bank addressed a SEBI order against its subsidiary, stating that it only affects new merchant assignments and not other business operations. Additionally, the Nifty Metal index surged over 2%, with JSW Steel touching a new peak, driven by three key factors fueling the surge.
Investors were also eager about upcoming IPOs, with Osel Devices IPO allotment date likely today and GMP indicating a positive listing price. Avi Ansh Textile IPO saw a 37% subscription rate on day 1, while Envirotech Systems IPO allotment was finalized with a subscription rate of 91.67 times.
Overall, the market showed positive trends with various sectors and stocks performing well. Stay tuned for more updates on the market’s movements and top gainers and losers.
