Sensex Today Trades Higher | Nifty Above 23,550 | Exide Industries Jumps 5%

Tue, 25 Jun 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian markets traded mostly higher despite overnight selloff in US tech stocks.

Japan's Nikkei 225 rose 0.19% while the Topix gained 0.7%. South Korea's Kospi added 0.38% and the Kosdaq was up 0.35%.

US stock market ended mixed on Monday with the Dow Jones hitting a one-month high, while the Nasdaq falling over 1%.

Here's a table showing how US stocks performed on Monday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	180.79	0.53	0.29%	182.08	180.23	182.51	115.83
Apple	208.14	0.65	0.31%	212.7	206.59	220.2	164.08
Meta	498.91	4.13	0.83%	507.8	494.29	531.49	274.38
Tesla	182.58	-0.43	-0.23%	188.8	182.55	299.29	138.8
Netflix	669.02	-17.1	-2.49%	685.5	664.5	689.88	344.73
Amazon	185.57	-3.51	-1.86%	191	185.33	191.7	118.35
Microsoft	447.67	-2.11	-0.47%	452.75	446.41	452.75	309.45
Dow Jones	39411.21	260.88	0.67%	39571.2	39184.5	40077.4	32327.2
Nasdaq	19474.62	-225.81	-1.15%	19723.2	19472.5	19979.93	14058.33

Data Source: Equitymaster

At present, the BSE Sensex is trading 191 points higher and NSE Nifty is trading 53 points higher.

Hindalco, HDFC Bank and M&M among the top gainers today.

HCL Tech, NTPC and Grasim Industries the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

Broader markets are trading on positive note. The BSE Midcap index is trading 0.5% higher and the BSE Smallcap index is trading 0.8% higher.

Sectoral indices are trading mixed today, with socks in metal sector and capital goods sector witnessing most buying. Meanwhile stocks in IT sector and realty sector witnessing selling pressure.

The rupee is trading at Rs 83.48 against the US dollar.

In commodity markets, gold prices are trading 0.3% lower at Rs 71,614 per 10 grams today.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of the stock market, two experienced fund managers, James Chanos (US) and Sankaran Naren (India), are concerned about high speculation and low margins of safety in their respective stock markets. This means there's a greater risk of losses if the market crashes.

The advice? Invest cautiously. Consider "stock market insurance".

Rahul Shah, Co-head of research at Equitymaster, talks about what exactly is this insurance and how does it work?

Tune into below video for more details.

IndiGo to Double Flights Frequency

IndiGo has announced the launch of additional daily, non-stop flights between Mumbai and Jeddah, effective 15 August.

This strategic expansion caters to the growing demand for travel between India and the Middle East.

The addition of these daily flights reflects IndiGo's commitment to strengthening its international presence and connecting key destinations across its extensive network.

The Mumbai-Jeddah route connects two vibrant cultural and economic hubs.

Jeddah, the gateway to the holy cities of Mecca and Medina, welcomes travellers seeking both spiritual fulfilment and rich cultural experiences. Mumbai, renowned for its iconic landmarks, offers a taste of India's diverse heritage. This increased connectivity provides unparalleled convenience and flexibility for travellers.

A word of caution sounds about right at this point of time. If you're considering investing in airline stocks, make sure you do your due diligence. It's a risky sector.

If you get either the stock or your timing wrong, you could face serious losses. But if you buy the right stock at the right time, you could find yourself with a multibagger stock.

Happiest Minds Block Deal

IT firm Happiest Minds Technologies' promoter and executive chairman, Ashok Soota, has initiated a block deal to sell a 6% stake in the company. The total offer size for this deal amounts to Rs 7.5 bn.

The floor price for this sale is set at Rs 826 per share, representing a 10% discount to the last closing price. Kotak Securities has been appointed as the sole broker for the transaction.

Additionally, there is a 6-month lock-up period on the residual stake held by Ashok Soota.

Happiest Minds Technologies reported a 24.8% increase in consolidated net profit at Rs 719.8 m for the quarter ended March 2024. The company clocked a profit of Rs 576.6 m in the year-ago period.

Amara Raja's Arm Inks Licensing Pact

Automotive battery maker Amara Raja Energy & Mobility on Monday said that its wholly owned subsidiary Amara Raja Advanced Cell Technologies Private Ltd has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co.

As part of the agreement, GIB EnergyX will license Gotion's world-class LFP (Lithium Iron Phosphate) technology for lithium-ion cells to ARACT.

This comprehensive agreement enables Amara Raja to manufacture world-class LFP cells in cylindrical and prismatic form factors.

The scope of licensing includes access to cell technology IP, support in establishing Gigafactory facilities conforming to the latest generation process technologies, integration with Gotion's global supply chain network for critical battery materials, and customer technical support for solution deployment.

The technology transfer and service support will fully complement Amara Raja's efforts to operationalise its Gigafactory manufacturing capacities and its advanced research and innovation centre, 'e+ Energy Labs', that aims to lead India's R&D capabilities in this field.

Last year, Amara Raja announced an investment outlay of Rs 95 bn to establish the Amara Raja Giga Corridor in Telangana. The company aims to keep its products competitive and contemporary through access to continuous improvements in cell performance and process efficiencies through the partnership period.

Amara Raja and Gotion are both shareholders and board members of InoBat, an emerging lithium battery technology company in Slovakia, tackling advanced applications such as electric aviation and developing a robust 'Cradle to Cradle' ecosystem of the battery value chain.

GIB, a joint venture between Gotion High-tech and InoBat, has recently signed an investment agreement with the Government of Slovakia for the development of the first LFP battery Gigafactory in the country.

Going High-Tech has 8 global R&D centres, 8,000 patented technologies covering the battery industry value chain, 20 major manufacturing locations around the world, and a capacity layout expected to reach 300 GWh by 2025.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers