Stock market live updates: Sensex ends 304 points lower

Equity benchmarks ended lower for the second straight session on Thursday, dragged down by banking and finance counters and continuous foreign fund outflows.

The 30-share BSE Sensex ended 304.18 points or 0.50 per cent lower at 60,353.27 after it failed to hold on to initial gains. During the day, it fell 607.61 points or 1 per cent to 60,049.84.

The broader NSE Nifty dipped 50.80 points or 0.28 per cent to end at 17,992.15.

From the Sensex pack, Bajaj Finance tanked 7.21 per cent. The other major laggards were Bajaj Finserv, ICICI Bank, Infosys, Titan, Power Grid, Axis Bank, HDFC Bank, Tech Mahindra, Wipro and Bharti Airtel. ITC, Hindustan Unilever, NTPC, Mahindra & Mahindra, Nestle and Larsen & Toubro were the major winners.

Stay with us for live updates on stock market

05 January 2023

16:07 IST

Stock market live updates: Brent crude jumped 2.04%

International oil benchmark Brent crude jumped 2.04 per cent to USD 79.43 per barrel. Foreign Institutional Investors (FIIs) offloaded shares worth a net Rs 2,620.89 crore on Wednesday, according to exchange data

16:07 IST

Stock market live updates: Europe markets trading on a mixed note 

Equity exchanges in Europe were trading on a mixed note in mid-session deals. Markets in the US had ended in the positive territory on Wednesday

16:07 IST

Stock market live updates: Asian markets end in positive zone

Elsewhere in Asia, equity markets in Seoul, Tokyo, Shanghai and Hong Kong ended in the green

15:45 IST

Stock market live updates: Markets close in red

Sensex declines 304.18 points to end at 60,353.27; Nifty drops 50.80 points to 17,992.15

14:25 IST

Stock market live updates: Rupee closing report

Rupee jumps 31 paise to close at 82.51 (provisional) against US dollar

14:25 IST

Stock market live updates: Silver futures decline to Rs 69,144 per kg

Silver futures fell by Rs 174 to Rs 69,144 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for March delivery declined by Rs 174 or 0.25 per cent to Rs 69,144 per kg in a business turnover of 21,075 lots. Globally, silver was trading 0.27 per cent lower at USD 23.90 per ounce in New York.

14:25 IST

Stock market live updates: Crude oil futures slip on low demand

Crude oil futures declined 0.03 per cent to Rs 6,120 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for January delivery fell by Rs 2 or 0.03 per cent to Rs 6,120 per barrel in a business volume of 7,492 lots. Globally, West Texas Intermediate crude oil was trading 1 per cent higher at USD 73.57 per barrel, and Brent crude was up 0.96 per cent to USD 78.59 per barrel in New York.

14:24 IST

Stock market live updates: Copper futures gain on higher demand

Copper prices rose by 0.06 per cent to Rs 710.25 per kilogram in the futures market on the back of higher spot demand. On the Multi Commodity Exchange, copper contracts for delivery in January traded higher by 45 paise or 0.06 per cent at Rs 710.25 per kg in a business turnover of 4,131 lots.

14:24 IST

Stock market live updates:  Zinc futures rise on spot demand

Zinc prices increased by 25 paise to Rs 269 per kilogram in the futures trade, amid a pick-up in spot demand. On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by 25 paise or 0.09 per cent at Rs 269 per kg with a business turnover of 1,967 lots.

14:22 IST

Stock market live updates: Aluminium futures rise on fresh bets

Aluminium prices increased by 0.12 per cent to Rs 202.55 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium contracts for January delivery increased by 25 paise or 0.12 per cent to Rs 202.55 per kg in a business turnover of 4,138 lots.

14:22 IST

Stock market live updates: Aluminium futures rise on fresh bets

Aluminium prices increased by 0.12 per cent to Rs 202.55 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium contracts for January delivery increased by 25 paise or 0.12 per cent to Rs 202.55 per kg in a business turnover of 4,138 lots.

14:22 IST

Stock market live updates: Cottonseed oil cake futures rise on fresh bets

Cottonseed oil cake prices rose by Rs 45 to Rs 3,117 per quintal in futures trade as speculators created fresh positions amid higher demand. On the National Commodity and Derivatives Exchange, cottonseed oil cake for January delivery traded up by Rs 45 or 1.44 per cent at Rs 3,117 per quintal with an open interest of 28,060 lots.

14:21 IST

Stock market live updates: Coriander futures rise on spot demand

Coriander prices on Thursday gained Rs 34 to Rs 7,986 per quintal in futures trade as speculators increased their holdings, tracking a firm trend in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for April delivery traded higher by Rs 34 or 0.43 per cent at Rs 7,986 per quintal with an open interest of 7,280 lots.

14:20 IST

Stock market live updates: Guar gum futures gain on spot demand

Guar gum prices rose by Rs 80 to Rs 12,410 per five quintal in futures trade as speculators increased their holdings amid a firm spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for January delivery traded higher by Rs 80 or 0.64 per cent at Rs 12,410 per five quintal with an open interest of 14,170 lots.

14:20 IST

Stock market live updates: Guar seed futures rise on spot demand

Guar seed prices increased by Rs 37 to Rs 5,874 per 10 quintals in futures trade after speculators widened their positions following a firm trend in the spot market. On the National Commodity and Derivatives Exchange, guar seed contracts for January delivery increased by Rs 37 or 0.63 per cent to Rs 5,874 per 10 quintals with an open interest of 23,775 lots.

14:20 IST

Stock market live updates: Guar seed futures rise on spot demand

Guar seed prices increased by Rs 37 to Rs 5,874 per 10 quintals in futures trade after speculators widened their positions following a firm trend in the spot market. On the National Commodity and Derivatives Exchange, guar seed contracts for January delivery increased by Rs 37 or 0.63 per cent to Rs 5,874 per 10 quintals with an open interest of 23,775 lots.

10:17 IST

Stock market live updates: Dollar index

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.04 per cent to 104.21

10:17 IST

Stock market live updates: Sustained foreign fund outflows weighed on investor sentiments 

Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit opened at 82.75 against the dollar, then gained ground to touch 82.73, registering a rise of 9 paise over its previous close. On Wednesday, the rupee recovered from its all-time low level and settled at 82.82 against the dollar

09:24 IST

Stock market live updates: Rupee gains 9 paise to 82.73 against USD

The rupee appreciated 9 paise to 82.73 against the US dollar in early trade on Thursday, supported by easing crudeoil prices and a firm trend in domestic equities

09:23 IST

The yen was reeling back overnight losses and up about 0.5% to 131.87 per dollar as traders think this year - at last - will be one of policy tightening in Japan.

09:22 IST

Stock market live updates: Wall Street closes with moderate gains

Wall Street indexes fluctuated on Wednesday, before closing with modest gains, but futures struggled in Asia trading and S&P 500 futures were last down about 0.4%. 

09:22 IST

Stock market live: Brent crude steady

Brent crude futures steadied at $78.42 a barrel on Thursday after dropping 1.5% on Wednesday.

09:21 IST

The yuan rose about 0.2% to 6.8750 on Thursday.

09:20 IST

Sensex, Nifty live updates: E-commerce, consumer stocks biggest gainers

E-commerce and consumer stocks were among the biggest gainers in Hong Kong, lifting the Hang Seng 2% to a six-month high whil reopening hopes have driven China’s yuan to four-month highs and supported regional stocks and currencies.

09:19 IST

Sensex, Nifty live updates: Asia-Pacific shares trade higher

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1% to touch a four-month high in morning trade. Japan’s Nikkei bounced off a three-month low.

09:18 IST

Stock market live updates: Asian shares at 4-month high

Asian shares rose on Thursday on investor hopes for China’s emergence from the COVID-19 pandemic, while the dollar stayed under pressure even as the U.S. Federal Reserve had a warning against market bets on interest rate cuts this year.