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Coforge Ltd.(up 1.0 per cent), Wipro Ltd.(up 0.61 per cent), HCL Technologies Ltd.(up 0.47 per cent), MphasiS Ltd.(up 0.47 per cent) and Tech Mahindra Ltd.(up 0.46 per cent) were among the top gainers.

Shriram Finance Ltd. 2.64 per cent to Rs 2947.85 in Monday's trade as of 10:14AM (IST). The stock hit a high price of Rs 2951.25 and low of Rs 2913.90 during the session.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Today Live Updates: The Bank Nifty opened at 51044.4 (0.58%) , 295.7 points higher than the previous closing. Bank Nifty Today Live Updates: At current prices Bank Nifty, faces the below Resistance and Support levels As of the last trading day, the Bank Nifty closed at 51,575.7.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Today Live Updates: The Nifty 50 opened at 23738.2 (0.64%) , 150.7 points higher than the previous closing. Nifty 50 Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels As of the last trading day, the Nifty 50 closed at 23951.7.

IndusInd Bank will be in focus after the Reserve Bank of India imposed a penalty of Rs 27.30 lakh on IndusInd Bank for non-compliance with certain provisions of norms related to 'interest rate on deposits'. The RBI had conducted a statutory inspection for supervisory evaluation of the bank with reference to its financial position as on March 31, 2023, and had issued a notice to the private sector lender.

After the bonanza of recent central bank decisions, this week is much quieter with only the minutes of a few of those meetings due. There are no Federal Reserve speeches and U.S. data is of secondary importance.

Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment. Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20). However, the trend reversed in the latter half of the week, with FPIs offloading equities worth over Rs 4,102 crore in the subsequent three sessions. This resulted in an overall net outflow of Rs 976 crore during the week, data from National Securities Depository Limited showed.

bearish trend in equities, where Tata Consultancy Services and Reliance Industries faced the sharpest erosion. Last week, the BSE benchmark tanked 4,091.53 points or 4.98 per cent. «The Indian equity market recorded its steepest weekly decline since June 2022, with the Nifty losing 4.77 per cent. The week began with the US Federal Reserve's announcement, which significantly altered market sentiment.

Federal Reserve cut the interest rates by 25 basis points from 4.75% to 4.5%. This move had served as a key trigger for the market decline of 2.85% in S&P 500. Such a sharp fall in the index sent chills down investors’ spine. Most are wondering whether there is more pain in the offing. Unfortunately, the answer is yes. Let’s see why I am saying this.

FPIs) were quite severe on two sectors viz. financials and oil & gas where they sold shares worth over Rs 1 lakh crore. They have been net sellers in a month on five occasions while remaining net buyers seven times. As on December 20, 2024, they had bought domestic shares worth Rs 6,770 crore.

Federal Reserve's projection of fewer rate cuts next year, triggering foreign fund outflows. The benchmark BSE Sensex lost 1176.46 points or 1.49% to settle at 78,041.59, while the broader Nifty 50 index closed at 23,587.50, lower by 364.20 points or 1.52%.

Subscribe to enjoy similar stories. Zomato will make history on Monday as the first new-age tech stock to be included in the prestigious BSE Sensex, replacing JSW Steel in a half-yearly rebalancing of constituents. This signals a significant shift in the Indian business landscape.

resistance levels. The Nifty stayed under strong selling pressure over the past five sessions and violated key support levels on the daily charts. The range remained wider on the anticipated lines; the Nifty traded in a wide 1,243-point range over the past days.

ET Now: Give us a sense of where, if at all, you are seeing strength in the market right now. If we look at the week-to-date move across indices, pharma has ended in the positive. FMCG and IT have been among the least losing indices compared to others like metals, auto, and realty. Do you think defensives such as FMCG, IT, and pharma can continue to offer support? Would these pockets provide some comfort to investors struggling with where to allocate funds in a falling market?

Foreign portfolio investors (FPIs) recorded net equity inflows of Rs 21,789 crore in December so far, marking a significant reversal after months of heavy outflows. With this surge in December, FPIs have experienced a total net inflow of Rs 6,770 crore in 2024, compared to outflows of Rs 15,019 crore at the end of November. This turnaround comes after heavy off-loading in domestic equities in the last two months, with net outflows of Rs 21,612 crore in November and Rs 94,017 crore in October.

Spot gold, reeling under the huge downside pressure due to lack of China’s stimulus details, strong US data and the Fed’s hawkish shift in its monetary policy announced on Wednesday fell below $2600, though it recovered some of its losses in the last two trading days of the week. The metal closed with a gain of 1.13% at $2624 on Friday. However, it was still down nearly 1% on the week. It traded in the range of $2583-$2693 in the week.

block deals worth Rs 5,683 crore on screen, which included both buying and selling action. In the largecap segment, 15 companies witnessed significant block deals on the screen worth Rs 2,477 crore, led by Reliance Industries with 8 block counts totalling Rs 461 crore. The next in line were Zomato (Rs 343 crore), ICICI Bank (Rs 312 crore), Bajaj Auto (Rs 241 crore), Godrej Consumer (Rs 171 crore), Kotak Mahindra Bank (Rs 160 crore), Nestle India (Rs 137 crore) and HDFC Bank (Rs 114 crore).

The Center for Immigration Studies’ Todd Bensman discusses the cost of illegal immigration on ‘The Bottom Line’ as the issue takes center stage in the congressional budget battle.

Shares of Dr. Reddy's Laboratories Ltd.(up 1.37 per cent), Divi's Laboratories Ltd.(up 0.45 per cent) and Glenmark Pharmaceuticals Ltd.(up 0.06 per cent) ended the day as top gainers in the pack.

Benchmark NSE Nifty closed 364.21 points down at 23587.5 amid selling in frontline bluechip counters.

«We now have more smallcap folios than largecap. The aum for smallcap and largecap indices is almost alike and they are buying the same illiquid stock which is creating this very large dislocation. How does this unwind?,» says Jigar Mistry, Co-Founder, Buoyant Capital. Help us with your take and your outlook for the Indian markets for 2025 because 2024 has been a very interesting one, but 2025 a lot of these key drivers could be there, there could be rate cuts, the new us president-elect will be there. So, what is your outlook and expectation from the Indian markets? Jigar Mistry: We need to take a step back from the overall equity experience that we seem to be having. If you look at your over a 5 or 10-year rolling returns, the EPS growth and the share price growth at the index level largecap or smallcap or at the stocks with long enough history it has always aligned. The current observation, however, suggests that especially in the smallcap space you are seeing a huge dislocation which is something that has not really happened before.