&w=3840&q=100)
Stock Market LIVE: Sensex at day's low, drops 300 pts; Nifty tests 25,050; IT stocks weak
9:49 AM
Stock Market LIVE Updates: PSU banks drive market recovery
Stock Market LIVE Updates: PSU Banks were charging ahead in trade on Monday, leading the sectoral gains on the NSE. Canara Bank share price was up nearly 3 per cent, followed by Union Bank, PNB, Indian Bank, and Bank of Baroda share price.
9:40 AM
Stock Market LIVE Updates: Asston Pharmaceuticals IPO booked 173x; check allotment, GMP, listing date
9:18 AM
Stock Market LIVE Updates: Sensex slips over 200 pts, below 82,300
Stock Market LIVE Updates: BSE Sensex fell over 200 points after the market opened and was below 82,300-level.
9:11 AM
Stock Market LIVE Updates: Technical view
Stock Market LIVE Updates: Friday's candle had a long upper shadow and a close near the lows, and that's weak behavior. The area that lies between 25,000 and 25,127 is critical support from hereon, but bulls will have to both defend support and record at least one daily close above 25,340 to reverse the ongoing dip. The market has closed below a short-term rising channel, so under 25,100, we might see a test of the 24,900 to 25,000 zone where another channel is currently offering support. Today's cues from Asia are weak and US index futures are down around 0.4 per cent.
View by Akshay Chinchalkar, head of research, Axis Securities.
9:10 AM
Stock Market LIVE Updates: Indian equities flat in pre-opening
Stock Market LIVE Updates: In the pre-opening session, Indian benchmark indices were trading flat. Nifty was near 25,150 and BSE Sensex was above 82,500-level.
9:06 AM
Stock Market LIVE Updates: Silver hits record high on MCX
Stock Market LIVE Updates: MCX Silver touched record high levels today, July 14. The white metal was quoting at ₹114,025 per 1 kg, rising nearly 1 per cent.
8:54 AM
Stock Market LIVE Updates: Anthem Biosciences' ₹3,395-cr IPO opens today: GMP at 17%, should you bid?
Stock Market LIVE Updates: The initial public offering (IPO) of contract research, development, and manufacturing organisation (CRDMO) Anthem Biosciences will open for public subscription today, July 14, 2025. At the upper end of the price band of ₹540-₹570, the company aims to raise ₹540 to ₹570, the company aims to raise ₹3,395 crore.
The company has raised ₹1,016 crore from anchor investors ahead of its public issue. According to a circular filed on exchanges, the company has allocated 17.8 million equity shares to 60 funds at ₹570 per share. READ MORE
8:46 AM
Stock Market LIVE Updates: Pre-opening view
Stock Market LIVE Updates: Pre-opening view
-- GIFT Nifty (-18, 25174) signals a cautious start after Nifty (-1.22 per cent) and Bank Nifty (-0.49 per cent) closed lower for a second straight week, weighed by FII selling worth Rs 10,062 crore in July and global jitters over President Trump's 30 per cent tariffs on EU and Mexico starting August 1.
-- While an interim US-India trade deal may soften tariffs below 20 per cent, markets remain edgy amid talk of a potential 500 per cent tariff shock on India.
-- All eyes are now on Q1 earnings, with results due from NELCO, RALLIS INDIA, TEJAS NETWORKS, TATA TECHNOLOGIES, HCL TECH (July 14); JUST DIAL, ICICI PRU LIFE, ICICI LOMBARD, HDFC LIFE (July 15); ANGEL ONE, TECH MAHINDRA (July 16); CEAT, HERITAGE FOODS, HDFC AMC, LTI MINDTREE, AXIS BANK, POLYCAB, WIPRO (July 17); and BANDHAN BANK, LT FINANCE, JSW STEEL (July 18).
-- The preferred trade is to sell Nifty between 25,200–25,250 (targets: 25,005/24,901; aggressive: 24,473–24,600) and Bank Nifty at CMP (targets: 56,300/56,000; aggressive: 55,000–55,300).
-- Chart of the Day is bearish on CAMS, TATA POWER, TATA MOTORS and TITAGARH RAIL SYSTEMS on intraday strength. Top SELL: CAMS (CMP 4070), sell between 4100–4125 with targets at 4021/3991 and aggressive 3859.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
19 minutes ago
- Mint
Sawan Shivratri 2025: Are schools, colleges, banks open or closed on Wednesday, July 23? Check here
Sawan Shivratri 2025: Sawan Shivratri is a significant Hindu festival celebrated during Shravan in the Hindu lunar calendar and dedicated to Lord Shiva. It occurs on the 14th day of the waxing moon phase in the Shravan month. This year, it falls on Wednesday, 23 July 2025, while the Shivaratri Parana takes place at 5:53 am on 24 July 2025. Sawan Shivratri is observed through fasting, prayer, and rituals such as Abhishekam of the Shiva lingam with sacred substances. It is believed that this festival purifies the soul and fulfils wishes. On this day, most public offices, schools, and other institutions are expected to be closed to mark the festival. According to the Reserve Bank of India holiday calendar, all banks across the country will remain open on Wednesday, July 23, 2025. Customers can access all banking services at their nearest bank branches on the occasion of Sawan Shivratri. The Indian stock market will open on Wednesday, July 23, 2025, according to the holiday calendar of NSE and BSE. Hence, the Indian stock market is not closed on Sawan Shivratri. Schools and colleges in multiple states, such as Uttar Pradesh, Madhya Pradesh, Uttarakhand, and Haryana, will reportedly be closed on Wednesday, July 23, 2025, due to Sawan Shivratri and Kanwar Yatra. Notably, no official announcement has been made regarding school closures in Punjab. Therefore, schools will remain open on July 23. There is no holiday for Sawan Shivratri in Telangana; however, a statewide bandh on July 23 may result in school closures. Most government offices across the country are expected to remain open on Wednesday, July 23 2025, as it is not designated as a gazetted holiday by the central government.
&w=3840&q=100)
Business Standard
19 minutes ago
- Business Standard
India ratifies trade deal with EFTA, eyes boost in exports, investment
India on Tuesday submitted the ratification document of the free trade agreement with the four-European nation bloc EFTA to Norway. The pact, officially dubbed as Trade and Economic Partnership Agreement (TEPA), will be implemented from October 1, Commerce and Industry Minister Piyush Goyal has said on Saturday. "India deposited the Instrument of Ratification of the TEPA between India and EFTA today at the Ministry of Foreign Affairs of Norway, which is the depository entity of TEPA," according to a post by the Indian Embassy in Norway on X. The two sides signed the agreement on March 10, 2024. Under the pact, India has received an investment commitment of $100 billion in 15 years from the grouping while allowing several products, such as Swiss watches, chocolates, and cut and polished diamonds, at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
&w=3840&q=100)
Business Standard
19 minutes ago
- Business Standard
Donald Trump's tax law to add $3.4 trillion to US deficits, says CBO
President Donald Trump's recently enacted tax and spending law will add $3.4 trillion to US deficits over a decade and leave millions without health care coverage, according to a new estimate from the nonpartisan Congressional Budget Office. The CBO score for the law, released Monday, reflects a $4.5 trillion decrease in revenues and a $1.1 trillion decline in spending through 2034, relative to a current-law baseline. The new analysis doesn't incorporate so-called dynamic effects, such as the impact on growth or interest rates over time that the legislation's measures might have. Trump signed the 'One Big Beautiful Bill' into law on July 4 after months of negotiations with congressional Republicans. Encompassing much of Trump's economic agenda, it permanently extends his 2017 income-tax cuts and some breaks for businesses, lifts the cap on federal deductions for state and local taxes and eliminates taxes on tips and overtime on a temporary basis, among other provisions. Passage of the law triggered warnings from some economists and investors about a widening of America's budget shortfall — already large by historical standards — that could push borrowing costs and inflation up. The Trump administration points to record collections from the tariffs he's imposed on most US imports this year, saying that revenue will help fill the gap. A number of spending cuts were included in the tax law in an effort to reduce deficits and offset the cost, including to Medicaid, which provides health insurance for low-income people. New work requirements for recipients of Medicaid under the age of 65, are set to begin by the end of 2026. The law also limits states' ability to tax health care providers to help fund the program. Provisions in the law will result in 10 million Americans losing health insurance by 2034, according to the CBO analysis. The potential loss of health insurance coverage comes as rising prices due to tariffs already threaten to create increased economic hardship for low-income families. June inflation data showed some signs of the levies' impact on costs and economists expect prices to continue to rise over the summer. This would disproportionately impact low-income Americans as they tend to spend a larger share of their income on necessities, such as food. At the request of Senate Republicans, the bill was also scored separately relative to a current policy baseline. On that basis it would reduce deficits by $366 billion over a decade, with revenues falling $849 billion in the period — about one-fifth of the drop recorded in the conventional scoring. Lawmakers used this accounting maneuver to count the permanent extension of the 2017 income-tax cuts as costing nothing.
