Latest Stock Market News

The BSE Sensex Sixty 65:35 is a strategy index consisting of 60 stocks, drawn from the BSE Sensex and BSE Sensex Next 30 in a 65:35 ratio. These 60 stocks account for over 55% of the total free float market capitalization of all listed companies in India. The 65:35 ratio is structured to provide greater exposure to the Next 30 stocks compared to the traditional free float market capitalization method.

IndusInd Bank reported a 13% YoY increase in net advances, reaching ₹3,56,980 crore, while deposits grew 15% to ₹4,12,704 crore as of September 30, 2024, amidst stable net interest margins.

Piramal Capital and Housing Finance on Friday said it has raised USD 150 million through a global bond sale. The bonds will be issued at a yield of 7.078 per cent and will have to be repaid in 3.32 years, according to a company statement.

The National Stock Exchange (NSE), its former chief Vikram Limaye and eight others on Friday settled with markets regulator Sebi a case pertaining to alleged bypass of trading access point (TAP) system by certain brokers after paying Rs 643 crore.

On the technical charts, the RSI of the stock stood at 45.13.

The stock quoted a 52-week high price of Rs 967.0 and a 52-week low of Rs 513.55.

The Nifty Realty index closed 1.64 per cent down at 1031.8.

Sensex and Nifty fell for the fifth day, driven down by auto, banking, and financial stocks amid rising geopolitical tensions.

For the week, the Sensex fell by 3,883 points (4.5%), while the Nifty lost 1,128 points (4.3%). The total market capitalisation of all listed companies on the BSE dropped by Rs 16.67 lakh crore to Rs 461.26 lakh crore. At the same time, foreign institutional investors recorded significant outflows, selling shares worth $3.65 billion over the past three sessions, marking a record high on Thursday.

Hyundai Motor Company seeks a $19 billion valuation for Hyundai Motor India’s biggest IPO, aimed at raising $3.3 billion by selling a 17.5% stake. The listing, expected on October 22 in Mumbai, anticipates significant interest from foreign and local investors, breaking previous records set by LIC.