Stock Market Updates

Stock Market News Today Live Updates on December 16, 2024 : Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position

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Stock Market News Today Live Updates: In an ever-evolving financial world, staying informed about stock market trends is crucial. Our Stock Market News provides real-time updates, insightful analysis, and in-depth coverage of the global financial landscape. From major index movements and corporate earnings to economic indicators and geopolitical events, we deliver the latest information impacting your investments and the broader economy. Our goal is to empower you with a clear understanding of market dynamics, investor sentiment, and potential opportunities, keeping you connected to the essential developments shaping the world of finance. Stay ahead with timely updates and expert perspectives on stock market trends.

This is an AI-generated live blog and has not been edited by Live Mint staff.

16 Dec 2024, 12:50:25 PM IST

Stock MarketsNews Today Live: Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position

  • Axis Capital views Swiggy as a strong investment opportunity, citing its growth in quick commerce and food delivery. The brokerage projects significant revenue growth, improved profitability, and strategic restructuring, positioning Swiggy to close the profitability gap with Zomato.

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16 Dec 2024, 12:35:48 PM IST

Stock MarketsNews Today Live: 1100% rally in 5-year! Multibagger small-cap stock jumps after Fitch rating upgrade

  • Hi-Tech Pipes share price was trading in the green, up 2.1 per cent, at 171, on December 16, at 9:15 am, as per BSE.

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16 Dec 2024, 12:16:39 PM IST

Stock MarketsNews Today Live: Market Strategy: How to structure Fixed Income portfolio in a changing interest rate environment?

  • Market Strategy: Maintain an Overweight position on Accrual Strategies while staying Neutral on Duration Strategies in the current fixed income market environment, said Motilal Oswal Private Wealth.

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16 Dec 2024, 12:10:39 PM IST

Stock MarketsNews Today Live: Stocks to buy for short term: Reliance, HDFC Bank among 9 stocks that may rise 7-14% in the next 3-4 weeks, say analysts

  • Stocks to buy for short term: As the Nifty 50 dips due to global cues, analysts highlight 24,400 and 24,300 as support zones. They recommend nine stocks with potential gains of 7-14% in the coming weeks, urging investors to be cautious while selecting stocks.

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16 Dec 2024, 11:59:24 AM IST

Stock MarketsNews Today Live: Nifty Bank: Experts suggest technical targets and strategy for 2024 year-end

  • The Nifty Bank index has risen 11% YTD, currently trading at 53,583.8. Analysts project a range of 50,000 to 57,000 by December 2024, with key resistance at 54,000 and support at 52,600–53,000. Traders are advised to watch these levels for potential opportunities.

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16 Dec 2024, 11:40:34 AM IST

Stock MarketsNews Today Live: MobiKwik’s IPO: Is this the start of something bigger?

  • With over 150 million users and four million merchants, MobiKwik has built a large, low-cost distribution network. Now, the focus shifts to monetizing this base by cross-selling financial products and scaling its lending offerings.

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16 Dec 2024, 11:32:58 AM IST

Stock MarketsNews Today Live: Dixon Technologies share price jumps over 4% to a record high on joint venture pact with Vivo India

  • Dixon Technologies stock price has given decent returns of over 26.5% in one month and over 66% in six months. The shares have delivered multibagger returns of nearly 190% year-to-date (YTD), and more than 2,500% in the past five years.

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16 Dec 2024, 11:31:13 AM IST

Stock MarketsNews Today Live: HBL Power Systems shares soar 6.5% to record high after securing ₹1,522 crore Kavach order

  • HBL Power Systems’ shares rose 6.5% to an all-time high of 739.65 after securing a 1,522.40 crore order for a Train Collision Avoidance System. The company, a major player in batteries, has seen its stock soar 97% over the past year.

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16 Dec 2024, 11:30:16 AM IST

Stock MarketsNews Today Live: Multibagger circuit-to-circuit stock rises 90% in five straight sessions. Do you own?

  • Stock in focus: Shares of Jetking Infotrain, a prominent IT education company, have seen an astounding surge of 91.6% over five consecutive sessions, reaching a 52-week high on December 16, 2024, driven by strong market sentiment and heavy buying.

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16 Dec 2024, 11:21:53 AM IST

Stock MarketsNews Today Live: Mukul Agrawal picks stake in multibagger stock that’s up 400% in a year

  • Agrawal now holds a 10.6% stake in this luxury car rental services company that’s up 423% in 1 year.

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16 Dec 2024, 11:00:06 AM IST

Stock MarketsNews Today Live: 52 Week Low Stocks Today on December 16, 2024: Coffee Day Enterprises, Bright Solar & others hit 52 week low today ;Check the full list here?

  • 52 Week Low Stocks Today on December 16, 2024: Following shares hit their 52 week low today – Coffee Day Enterprises, Bright Solar, Universus Photo Imagings, ZF Commercial Vehicle Control Systems India, Trucap Finance

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16 Dec 2024, 11:00:05 AM IST

Stock MarketsNews Today Live: 52 Week High Stocks Today on December 16, 2024: LTI Mindtree, Page Industries & others hit 52 week high today ; Do you own any?

  • 52 Week High Stocks Today on December 16, 2024: Following shares hit their 52 week high today – LTI Mindtree, Page Industries, HCL Technologies, Ultratech Cement, Vedanta

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16 Dec 2024, 10:09:51 AM IST

Stock MarketsNews Today Live: Premier Explosives stock hits 10% upper circuit on setting up JV for defence and aerospace products

  • Premier Explosives’ shares surged 10% to 567 after announcing an MoU with Global Munition Limited for a joint venture in defence and aerospace manufacturing. 

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16 Dec 2024, 10:03:29 AM IST

Stock MarketsNews Today Live: Multibagger stock: Sky Gold share price hits 5% upper circuit as it trades ex-date for 9:1 bonus shares

  • Multibagger stock: Sky Gold stock price has delivered mutlibagger returns of more than 367% year-to-date (YTD) and surged by a whopping 2,200% in two years and over 5,000% in three years.

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16 Dec 2024, 09:59:50 AM IST

Stock MarketsNews Today Live: Bumper Debut! Dhanlaxmi Crop Science shares list at ₹104.5 on NSE SME, up 90% from IPO price

  • Dhanlaxmi Crop Science reported a 37% revenue growth and a 55% increase in profit after tax for the fiscal year ending March 31, 2024. The IPO, which opened from December 9 to 11, was highly subscribed, receiving 555.83 times bids.

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16 Dec 2024, 09:02:31 AM IST

Stock MarketsNews Today Live: PC Jeweller shares in focus as stock trades ex-date for 1:10 stock split. Details here

  • Stock in focus: PC Jeweller had announced this stock split earlier in September to improve liquidity and make its shares more accessible to retail investors.

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16 Dec 2024, 08:26:53 AM IST

Stock MarketsNews Today Live: Intraday stocks for today under ₹100: Experts recommend six shares to buy today — 16 December 2024

  • Intraday stocks for today under 100: Experts recommend six shares to buy today — IOB, Gateway Distriparks, Aartech Solonics, Soma Textiles, BL Kaahyap, and Paramount Cable

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16 Dec 2024, 08:15:04 AM IST

Stock MarketsNews Today Live: Stocks to Watch: RIL, Vedanta, Lupin, RITES, Aurobindo Pharma, and more

  • Here’s a quick look at stocks likely to be in focus in today’s trade.

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16 Dec 2024, 07:54:25 AM IST

Stock MarketsNews Today Live: Vedanta shares in focus as stock trades ex-date for fourth interim dividend in FY25

  • Stock in focus: Vedanta’s board of directors is scheduled to make the decision at a meeting on Monday, December 16, 2024.

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16 Dec 2024, 07:26:27 AM IST

Stock MarketsNews Today Live: Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 16

  • Nifty 50, Sensex today: The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,775 level, a discount of nearly 50 points from the Nifty futures’ previous close.

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16 Dec 2024, 07:16:03 AM IST

Stock MarketsNews Today Live: Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 16 December 2024

  • Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — Crisil, Aries Agro, PDS, ADF Foods, and Lumax Auto Technologies

Read the full story here

16 Dec 2024, 07:03:27 AM IST

Stock MarketsNews Today Live: Indian stock market: 7 key things that changed for market over weekend – Gift Nifty, Asian markets to Bitcoin prices

  • Indian stock market: Gift Nifty was trading around 24,780 level, a discount of nearly 50 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.

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16 Dec 2024, 06:16:04 AM IST

Stock MarketsNews Today Live: Stock market today: Trade setup for Nifty 50 to US dollar; 5 stocks to buy or sell on Monday — Dec 16

  • Stock market today: The Nifty index is finding resistance near the 24,850 zone. The bias and sentiment for the index improved at the end of the week, experts say. 

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16 Dec 2024, 06:00:19 AM IST

Stock MarketsNews Today Live: Can this mid-cap company take the lead in the exploding $1.2 trillion wealth management business?

  • India’s wealth is booming, driving demand for wealth management. This mid-cap company, with its strong capital markets and growing wealth management businesses, is well-positioned to capitalize on this.

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16 Dec 2024, 06:00:14 AM IST

Stock MarketsNews Today Live: Stocks to buy: Two stock recommendations from MarketSmith India for 16 December

  • Here are two stocks to buy as recommended by MarketSmith India for Monday, 16 December.

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16 Dec 2024, 06:00:13 AM IST

Stock MarketsNews Today Live: Stocks to buy: Raja Venkatraman recommends three stocks for today — 16 December

  • Here are three stocks to buy as recommended by Raja Venkatraman of NeoTrader for Monday, 16 December.

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16 Dec 2024, 05:56:28 AM IST

Stock MarketsNews Today Live: Stock market today: PVR Inox, RBL Bank, SAIL among 8 stocks in F&O ban list on December 16

  • Granules India, Hindustan Copper, Manappuram Finance, Metropolis Healthcare, National Aluminium, PVR Inox, RBL Bank, and SAIL are the eight stocks on the NSE’s F&O ban list on Dec 16.

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16 Dec 2024, 05:52:04 AM IST

Stock MarketsNews Today Live: Buy or sell: Vaishali Parekh recommends three stocks for today — December 16

  • Buy or sell stocks: Vaishali Parekh recommends Tata Motors, HDFC Life Insurance Co., and State Bank of India.

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2024-12-16 00:22:03

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