1:28 PM Share Market Live Updates 16 August: The stock market is in full swing today due to the huge surge in prices. The Sensex has jumped 980 points and crossed 80086. Whereas, the Nifty is at the level of 24440 with a jump of 297 points.
44 stocks of Nifty are in gain. Whereas, 6 are in loss. Upper circuit is applied in 93 stocks on NSE. Lower circuit is applied in 60. 80 stocks are at 52 week high and 28 are at low.
12:10 PM Share Market Live Updates 16 August: There is a bumper jump in the stock market today. Sensex has jumped more than 1000 points and crossed 80000. Whereas, Nifty is at the level of 24421 with a jump of 277 points. Among the top gainers of Nifty, Wipro has reached Rs 510.55 with a jump of 3.11 percent. Mahindra & Mahindra is at Rs 2824 with a gain of 2.87 percent. Whereas, Tech Mahindra, L&T Mindtree and TCS have gained more than two percent.
11:25 AM Share Market Live Updates 16 August: The realty index is trading 1.74 percent up. DLF has jumped 3.82 percent to reach Rs 853.05. Oberoi Realty has increased by 1.75 percent. Godrej Property is also up 1.64 percent at Rs 2920.90. Suntech is up 1.60 percent. Sobha is up 1.42 percent, Lodha is up 1.33 percent and Prestige is up 1.26 percent. Mahindra Life, Brigade and Phoenix are also up
10:40 AM Share Market Live Updates 16 August: The initial gains of the stock market have reduced. Sensex is now at the level of 79374, up only 268 points. Nifty too, after touching the level of 24403, is now trading at the level of 24232 with a gain of only 88 points. Nifty 50 is under pressure due to weakness in HDFC Life, SBI Life, Titan, Maruti and Asian Paints.
Why is the stock market booming today? IT, realty and media stocks are doing wonders
10:05 AM Share Market Live Updates 16 August: In early trade, Mahindra & Mahindra is trading 2.53 percent higher at around Rs 2816. TCS and Tata Motors are also up by more than two percent. Tech Mahindra, HCL Tech, ITC, Infosys, Reliance are also trading in the green. The Sensex stocks that fell are Titan, Airtel, Bajaj Finance, Asian Paints.
9:15 AM Share Market Live Updates 16 August: Due to good global signals, the stock market is in a good shape today. The day has started on a great note. Sensex-Nifty have started the last day of the week, Friday, with a bumper jump. BSE Sensex opened at 79754 with a bumper gain of 648 points, while Nifty jumped 191 points to start the day’s trading at 24334. Ola’s shares became rockets in the early trade itself. Today it opened at Rs 121 and reached 122.40. A jump of about 9 percent was registered in this.
Why stocks from Ola to SpiceJet and Borosil to Tata Steel will be in focus today?
8:00 AM Share Market Live Updates 16 August: Today, the stock markets from America to Japan are giving positive signals. In such a situation, Sensex-Nifty can become rockets on Friday, the last trading day of the week. Because, after the fear of recession in America reduced and the latest economic data, Asian markets traded with gains, while the US stock markets closed with strong gains overnight.
On the other hand, GIFT Nifty was also trading around 24,320 level, with a premium of about 150 points over the previous close of Nifty futures. This was indicating a positive start for the benchmark index of the Indian stock market. Let us tell you that the Indian stock market was closed on Thursday due to Independence Day 2024.
After this big development, investors will keep an eye on the shares of the energy company today
What are the global signals saying
Asian Markets: Asian markets traded higher on Friday. Japan’s Nikkei 225 jumped 2.26 percent, while the Topix gained 2.08 percent. South Korea’s Kospi gained 2 percent and the Kosdaq gained 1.53 percent. Hong Kong’s Hang Seng index futures indicated a higher opening.
The state of Wall Street: US stock markets closed higher on Thursday. The Dow Jones Industrial Average rose 554.67 points, or 1.39 percent, to 40,563.06, while the S&P 500 added 88.01 points, or 1.61 percent, to 5,543.22. The Nasdaq Composite jumped 401.90 points, or 2.34 percent, to close at 17,594.50.