MARKET OVERVIEW :

Sensex Today | Nifty falls below 24,600, Sensex down 700 points; Auto stocks trade lower;

Markets under pressure: BSE Bonus 2:1

NSE to change the expiry date. IndusInd huge loss.

Belrise IPO Fully Subscribed

Sensex Today | The Nifty did end Wednesday’s session higher, but off the highs of the day, as 25,000 continues to remain a barrier for the index. Activity continued to remain stock specific in the broader markets as well, with stocks reacting to earnings and newsflow.

Thank you for reading this post, don't forget to subscribe!

Stock Market LIVE Updates:

It is an important day for Indian equities today as it is the weekly expiry of the Nifty 50 options contracts. The expiry also comes after Wall Street witnessed a brutal sell-off overnight, owing to fears of higher budget deficits leading to a spike in treasury yields. The Nifty did end Wednesday’s session higher, but off the highs of the day, as 25,000 continues to remain a barrier for the index. Activity continued to remain stock specific in the broader markets as well, with stocks reacting to earnings and news flow. Today will be no different, as there plenty of earnings reactions that will take place today, along with a number of companies that will be reporting results. The big reaction of the day though, would be IndusInd Bank, which reported its first net loss in nearly two decades.

Results:

As many as five PSU names – RVNL, IRCON, NALCO, ONGC, Oil India, will be reacting to their results today, along with names like Gokaldas Exports, IndiGo, Colgate-Palmolive, Mankind Pharma and others. ITC, Sun Pharma, Grasim and GMR Airports are some of the important results today. Watch this space for all the live updates.

Sensex, Nifty Fall 1% as Weak Global Cues Drag Markets Down

Markets declined amid weak global cues, with both the Sensex and the Nifty slipping around 1%. Over 45 Nifty constituents ended in the red.

TCS to Head Cloud Migration for Finnish Telecom Giant DNA

SAIL Partners with ABB for Digital Transformation Initiative

ABB has announced that Steel Authority of India Ltd (SAIL) has entered into a digital transformation partnership with the company.

IndiGo Sees Traffic Recovery, Targets FY26 Capacity Surge

China’s Higher Tariffs Give India an Edge, Says Gokaldas Exports

The Initial Public Offering, or IPO, of Belrise Industries has been fully subscribed.

The total subscription stands at 1x—-QIB: 0.4x—NIIs: 2.6x

SEBI Circular on Index Expiry Days Likely Soon

SEBI may soon issue a circular regarding index expiry days for exchanges.

NSE is believed to have proposed Tuesday as its expiry day, and SEBI is likely to consider the request.