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.
The stock market today saw a flurry of activity with various companies making significant moves. Kajaria Ceramics, for instance, had a strong start to the year but is now waiting for demand to catch up. Despite underperforming compared to the Nifty 500, the company is optimistic about improved growth in the upcoming year.
On the other hand, HSBC prefers Bajaj Auto over TVS Motor Company, citing better growth prospects and margin resilience. Bajaj Auto’s target price is set at ₹14,000, while TVS’s target price is increased to ₹2,800 with a ‘hold’ rating.
Additionally, nearly 350 stocks hit 52-week highs on the BSE, with investors earning about ₹4 lakh crore in a single day. The Nifty 50 and Sensex closed at record levels for the third consecutive day, with the Nifty PSU Bank up 3.3%.
Furthermore, various IPOs are making headlines, with companies like Casagrand Premier Builder Limited and Western Carriers India gearing up to tap the capital markets. These IPOs are expected to raise significant funds for their growth plans.
Overall, the stock market today is buzzing with activity, offering investors plenty of opportunities to capitalize on market momentum and strategic entry points. Stay tuned for more updates on the latest market news and live updates.
