November 7, 2024
Financial Assets

Latest Market News Today Live Updates August 28, 2024: Gold declines on strong US dollar, focus shifts to inflation data; silver down 2.3%


Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

28 Aug 2024, 10:41:44 PM IST

Commodity News Today Live Updates: Gold declines on strong US dollar, focus shifts to inflation data; silver down 2.3%

  • By 9:44 a.m. ET (1344 GMT), spot gold had declined 0.9% to $2,502.38 per ounce, after dropping as much as 1.1% earlier in the session. U.S. gold futures also fell 0.6%, reaching $2,537.60.

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28 Aug 2024, 10:31:22 PM IST

Stock Markets Today Live Updates: Wall Street today: Tech-heavy Nasdaq drags US stocks ahead of Nvidia earnings; AI chip stocks down 3%, US dollar rallies

  • Wall Street today: Tech-heavy Nasdaq drags US stocks ahead of Nvidia earnings; AI chip stocks down 3%, US dollar rallies

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28 Aug 2024, 09:49:37 PM IST

Stock Markets Today Live Updates: Vedanta board to consider third interim dividend for FY25 on September 2: Record date fixed

  • Vedanta board to consider third interim dividend for FY25 on September 2: Record date fixed

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28 Aug 2024, 08:29:41 PM IST

Stock Markets Today Live Updates: Warren Buffet’s Berkshire Hathaway becomes first non-tech firm to hit $1 trillion in market value, stock up 30% YTD

  • Warren Buffet’s Berkshire Hathaway becomes first non-tech US firm to surpass $1 trillion in market value

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28 Aug 2024, 08:28:58 PM IST

Stock Markets Today Live Updates: Stocks to buy: Indigo, Dixon Technology among top bets by Motilal Oswal for this week

  • Brokerage firm Motilal Oswal has suggested three stocks – HDFC Life, Indigo and Dixon Technology – to buy this week with a decent upside move.

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28 Aug 2024, 08:23:29 PM IST

Stock Markets Today Live Updates: Sebi flags inflated valuations and shady tactics in SME market

  • Sebi has warned that some SME promoters are using inflated valuations to offload shares at premium prices, posing risks to investors.

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28 Aug 2024, 07:36:04 PM IST

IPO News Today Live Updates: AF Holdings backed Concord Enviro files draft papers with SEBI to raise ₹192 crore via IPO

  • The IPO includes a fresh issue of equity shares valued at 192.3 crore and an offer-for-sale (OFS) of 51,94,520 equity shares by existing shareholders.

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28 Aug 2024, 07:16:02 PM IST

Stock Markets Today Live Updates: US Fed rate cut bets, AI scope boosts IT outlook; Cyient, Persistent Systems, Mphasis among top mid-cap picks

  • US Fed rate cut bets, AI scope boosts IT outlook; Cyient, Persistent Systems, Mphasis among top mid-cap picks

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28 Aug 2024, 06:27:18 PM IST

Stock Markets Today Live Updates: How India turned into a trading nation

  • An overwhelming majority of people lose their shirt trading in financial derivatives. And trading in stocks isn’t safe either—on average, 71 out of 100 intraday traders in stocks lose money. Why do they feel their luck will soon change?

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28 Aug 2024, 05:29:55 PM IST

Stock Markets Today Live Updates: JM Financial bullish on Indian real estate, picks 3 stocks to buy including DLF

  • The brokerage has assigned a ‘buy’ rating to DLF, Macrotech Developers, and Keystone Realtors. It has set a target price of 1,000 for DLF, indicating a 20% upside, 1,480 for Macrotech Developers, suggesting a 16% upside, and 895 for Keystone Realtors, signaling an upside potential of 16.5%.

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28 Aug 2024, 04:57:24 PM IST

Stock Markets Today Live Updates: Shoppers Stop stock rises 5% following partnership with Hollywood makeup brand Max Factor

  • The stock, which had been declining for four consecutive days, reached an intraday high of 819 per share on the NSE, marking a 4.23 per cent increase.

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28 Aug 2024, 04:57:20 PM IST

Stock Markets Today Live Updates: Mazagon Dock Shipbuilders: Multibagger stock drops 17% in August so far—Is it right time to buy?

  • Mazagon Dock Shipbuilders’ stock, which surged 134% in the past year, declined 17% in August due to valuation concerns. Analysts recommend selling, anticipating further downside.

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28 Aug 2024, 04:36:40 PM IST

Mark To Market Today Live Updates: Rail Vikas Nigam Ltd: How high can this railway stock fly?

  • The public sector undertaking’s stock is up more than three-fold this year and 30-fold since its public market debut in 2019. Is there more upside or should investors stay well away?

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28 Aug 2024, 04:31:18 PM IST

IPO News Today Live Updates: Aeron Composite IPO fully booked on Day 1, retail, NII portion oversubscribed; check GMP, subscription status, more

  • Aeron Composite IPO, valued at 56.10 crore, includes 4,488,000 equity shares with a face value of 10. The IPO began on August 28 and will conclude on August 30. The grey market premium is 0, and the firm secured 15.17 crore from anchor investors.

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28 Aug 2024, 04:03:21 PM IST

Stock Markets Today Live Updates: Top Gainers and Losers today on 28 August, 2024: LTI Mindtree, Wipro, Asian Paints, Adani Enterprises among most active stocks; Check full list here

  • Top Gainers and Losers Today : The Sensex gained 73.8 points, or 0.09, to settle at 81711.76, while the Nifty gained 34.6 points, or 0.14, to close at 25017.75.

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28 Aug 2024, 03:30:59 PM IST

Stock Markets Today Live Updates: Stock market today: Nifty 50 hits fresh record high, ends in the green for 10th consecutive session

  • Stock market today: The Nifty 50 closed 0.10 per cent up at 25,042.05, while the Sensex ended with a gain of 0.09 per cent at 81,783.68.

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28 Aug 2024, 03:13:48 PM IST

IPO News Today Live Updates: ECOS (India) Mobility & Hospitality IPO: 12 key risks to know before subscribing to the issue

  • ECOS (India) Mobility & Hospitality’s 601.20 crore IPO opens today, August 28, and closes on August 30. The IPO is entirely an offer for sale, with a price range of 318-334 per share, and raises 180.36 crore from anchor investors.

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28 Aug 2024, 02:56:32 PM IST

Mark To Market Today Live Updates: JSW Energy banks on increased capacity and government’s renewables push

  • Swift commissioning of projects in FY25 and additional projects with government incentives could support the stock’s rich valuation.

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28 Aug 2024, 02:22:13 PM IST

Stock Markets Today Live Updates: A proxy smallcap stock in India’s spacetech boom

  • The big winners in India’s spacetech megatrend are not hiding in plain sight.

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28 Aug 2024, 02:09:12 PM IST

IPO News Today Live Updates: IPO Review: Premier Energies IPO versus ECOS Mobility IPO. Which one should you subscribe?

  • IPO Review: Experts Kejriwal and Tapse see Premier Energies as a solid long-term investment in the solar sector. ECOS Mobility, though promising, is riskier due to its high valuation and asset-heavy model. Both IPOs are expected to generate listing gains.

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28 Aug 2024, 02:05:59 PM IST

Stock Markets Today Live Updates: NBCC stock skyrockets 18% to hit record high as company considering bonus shares

  • NBCC’s shares hit a new high after the company announced a potential bonus share issue. The Board of Directors will discuss the proposal on August 31, 2024. The company’s shares have soared 151% this year, driven by significant contract wins and order acquisitions.

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28 Aug 2024, 01:51:43 PM IST

Stock Markets Today Live Updates: ₹10 Penny stock: Remedium Lifecare shares jump 5% as board to consider foreign currency bonds issue, acquisition

  • Remedium Lifecare said its Board of Directors will consider issuing of Foreign Currency Convertible Bonds (FCCBs) and acquisition of Airowater Global Trading LLC, UAE, on September 3.

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28 Aug 2024, 01:17:46 PM IST

Stock Markets Today Live Updates: Orient Technologies share price jumps 5% after bumper listing. Should you buy, sell or hold?

  • Orient Technologies made a strong market debut, listing at 288 on NSE, a 40% premium over its issue price of 206. The stock surged to 302 apiece, marking a 47% gain for retail investors.

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28 Aug 2024, 01:04:47 PM IST

IPO News Today Live Updates: Rapid Multimodal Logistics IPO allotment to be finalised today; latest GMP, 4 steps to check status

  • Rapid Multimodal Logistics IPO allotment is set for today, August 28. The IPO received 350 times subscription and shares will be listed on BSE SME on August 30.

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28 Aug 2024, 12:57:26 PM IST

Stock Markets Today Live Updates: From ₹5 to 25: Penny stock Raj Rayon Industries zoomed 380% in 5 years

  • Raj Rayon Industries transitioned from a penny stock to a success story, delivering impressive returns despite short-term volatility. From 5 in 2019 to 24 now, it saw a 380% rise. However, recent performance showed a 47% loss over the past year but a 28% gain in 2024 year-to-date.

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28 Aug 2024, 12:44:48 PM IST

Stock Markets Today Live Updates: This smallcap company is riding the AI wave to become the best IT stock of 2024

  • Riding the wave of AI innovation, E2E Networks’ stock soared 280% year-to-date. The company is poised to benefit from India’s under-penetrated data centre market, though it remains cautious about expansion plans

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28 Aug 2024, 12:37:12 PM IST

Stock Markets Today Live Updates: Promoter ownership in NSE-listed companies at seven-quarter high of 51.5% in Q1; FPI holding dips to 12-year low

  • Foreign promoters increased their ownership in NSE-listed companies by 28 bps QoQ, bringing their stake to 8.3%. In contrast, private Indian promoters saw their ownership decline by 33 bps QoQ, reaching an 18-quarter low of 32.4% in the June quarter.

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28 Aug 2024, 12:33:39 PM IST

Stock Markets Today Live Updates: Down 15% from debut, JPMorgan neutral on Indegene as it awaits better entry point

  • Indegene’s stock, which debuted at 659.70, has dropped nearly 15% to 562.25 but remains 24% higher than its IPO price of 452. JPMorgan initiated coverage with a ‘neutral’ call and a target price of 570 for September 2025.

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28 Aug 2024, 12:30:55 PM IST

Stock Market News Today Live Updates: SME IPOs: The craziest corner of the bull market is getting crazier

  • The initial public offering of a two-wheeler dealership whipped up such a frenzy that you would think Tesla or Nvidia was listing a subsidiary in India.

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28 Aug 2024, 12:06:05 PM IST

Stock Markets Today Live Updates: Amara Raja, Exide Industries stocks drop up to 20% in 2 months. Time to buy the dip?

  • Shares of battery manufacturers like Amara Raja and Exide Industries, which surged recently, are experiencing sell-off pressure. Both stocks are trading below their all-time highs, with analysts noting narrow trading ranges and potential breakouts.

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28 Aug 2024, 12:02:43 PM IST

Stock Markets Today Live Updates: GRM Overseas acquires 44% stake in Virat Kohli-backed Rage Coffee

  • GRM Overseas has acquired a 44 per cent stake in Swmabhan Commerce Pvt Ltd, the parent company of Virat Kohli-backed digital-first coffee brand Rage Coffee.

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28 Aug 2024, 11:32:06 AM IST

Stock Markets Today Live Updates: Multibagger Praveg stock trades at 30% discount from its recent peak. Should you invest now?

  • Domestic brokerage firm Monarch Networth Capital has initiated coverage on the Praveg stock with a target price of 1,130, which signals an upside potential of 26% from the stock’s recent closing price of 895.70.

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28 Aug 2024, 11:21:18 AM IST

IPO News Today Live Updates: Premier Energies IPO booked 3.06x on second bidding day so far, NIIs steal the show. Check GMP, review. Apply or not?

  • Premier Energies’ IPO sees strong interest, oversubscribed by 3.06 times, with non-institutional investors leading. The company, with 29 years of experience and sizable capacity, receives positive ratings from brokerages.

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28 Aug 2024, 11:09:38 AM IST

Stock Markets Today Live Updates: Stock market today: QVC Exports share price lists at a solid premium of 87%; check details

  • Stock market today: QVC Exports IPO saw a bumper subscription and made a solid debut on the NSE SME platform on August 28, opening at 161, an 87.21 per cent premium over the issue price of 86. The stock later hit its 5 per cent lower price band of 152.95.

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28 Aug 2024, 11:00:12 AM IST

Stock Market News Today Live Updates: Forcas Studio, Solve Plastic Products & others hit 52 week low today ;Check the full list here?

  • Following shares hit their 52 week low today – Forcas Studio, Solve Plastic Products, Interarch Building Products, Kataria Industries, Modefence Etf

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28 Aug 2024, 11:00:09 AM IST

Stock Market News Today Live Updates: Trent, Torrent Pharmaceuticals & others hit 52 week high today ; Do you own any?

  • Following shares hit their 52 week high today – Trent, Torrent Pharmaceuticals, Infosys, Abbott India, Sun Pharmaceutical Industries

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28 Aug 2024, 10:41:43 AM IST

Commodity News Today Live Updates: Gold Rate Today: Yellow metal falls below ₹72,000 per 10 grams; Analysts suggest buy on dips

  • Gold Rate Today: Gold prices slipped as the dollar rose, while investors awaited a key US inflation report due this week for more clarity on the size of a likely September rate cut by the US Federal Reserve.

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28 Aug 2024, 10:23:38 AM IST

Stock Markets Today Live Updates: Adani Enterprises launches ₹800 crore NCD issue with interest rates up to 9.90% and green shoe option. Check details

  • NCD Issue: Adani Enterprises has announced a public issue of non-convertible debentures (NCDs) worth up to 800 crore. Check tenure and interest rate details.

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28 Aug 2024, 10:15:29 AM IST

Commodity News Today Live Updates: Gold and silver prices today on 28-08-2024: Check latest rates in your city

  • Gold And Silver Prices Today: 10 gm of 24 carat gold was at Rs.73269.0 in Delhi whereas 1 kg of silver was Rs.86220.0 in Delhi.

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28 Aug 2024, 10:10:22 AM IST

Stock Markets Today Live Updates: Datamatics Global Services stock soars another 10%, gains 32% in 2 days on Microsoft partnership

  • Datamatics shares surged 10% to a 9-month high after a 20% gain, driven by a partnership with Microsoft to develop copilot solutions.

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28 Aug 2024, 10:09:37 AM IST

Stock Markets Today Live Updates: Top Stock Recommendations: Sagar Doshi of Nuvama recommends buying Bharti Airtel, JSW Energy, and Lupin today

  • Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends buying these three stocks today – Bharti Airtel Ltd, JSW Energy Ltd, and Lupin Ltd.

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28 Aug 2024, 10:07:37 AM IST

Stock Market News Today Live Updates: Cement stocks: The next big opportunity?

  • Despite recent challenges, such as slowing demand, falling cement prices and profitability pressures, the cement industry has a lot going for it.

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28 Aug 2024, 10:07:14 AM IST

Stock Markets Today Live Updates: Apollo Micro Systems shares: Small-cap defence stock jumps 3% after receipt of order from Bharat Dynamics

  • Apollo Micro Systems said the order from Bharat Dynamics is for Software Defined Universal Homing System for Heavy Weight Torpedoes. This first-of-its-kind technology was developed in collaboration with DRDO.

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28 Aug 2024, 10:01:12 AM IST

Stock Markets Today Live Updates: Bumper Debut! Ideal Technoplast Industries lists at ₹132.10 on NSE SME, a 9.25% premium to IPO price

  • Shares of Ideal Technoplast Industries made a decent debut on the bourses today, August 28. The stock listed at 132.10 on NSE SME, a 9.25 percent premium to its issue price of 121.

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28 Aug 2024, 10:00:58 AM IST

IPO News Today Live Updates: Orient Technologies share price makes a stellar debut, stock opens with 40% premium at ₹288 apiece on NSE

  • Orient Technologies share price opened at 288 on NSE and 290 on BSE, significantly above the issue price of 206. The IPO was subscribed 151.71 times, with strong demand from retail, non-institutional, and institutional investors.

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28 Aug 2024, 09:00:19 AM IST

Stock Markets Today Live Updates: HDFC Bank: Will the elephant ever dance again?

  • The stock of India’s largest private bank has been stagnant for the past four years, but there are signs of a breakout around the corner.

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28 Aug 2024, 08:58:42 AM IST

IPO News Today Live Updates: ECOS Mobility IPO Day 1: GMP, subscription status, review, key dates, more. Apply or not?

  • ECOS Mobility IPO opens today with a price band of 318-334 per share. The company, offering chauffeur-driven mobility, secured 180.36 crore from anchor investors. The IPO closes on August 30, with allocations for institutional, retail, and non-institutional investors.

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28 Aug 2024, 08:45:49 AM IST

Stock Markets Today Live Updates: Stocks to Watch: Jio Financial Services, ICICI Prudential, LTIMindtree, UPL, Zydus Life and more

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

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28 Aug 2024, 08:19:53 AM IST

IPO News Today Live Updates: SME IPO Frenzy: What’s driving retail investors’ big bets despite potential market risks? Experts decode

  • SME IPO Frenzy: Retail investors are flocking to SME IPOs, driven by potential profits despite SEBI warnings. Experts like Deepak Shenoy, Arun Kejriwal, and Mohit Gulati highlight the importance of understanding company fundamentals and the role of merchant bankers in creating market buzz.

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28 Aug 2024, 07:38:01 AM IST

Stock Markets Today Live Updates: Stock market today: Trade setup for Nifty 50 to global markets, five stocks to buy or sell on Wednesday

  • Among stocks to buy today, stock market experts recommended five stocks – Godrej Industries, Reliance Industries, NCC and two others.

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