Donald Trump leads the US presidential election as the Sensex surges 400 points and the Nifty 50 surpasses 24,300.

Live Stock Market Updates | Today's Sensex: The key indices of the Indian stock market, the Sensex and Nifty 50, continued their upward trend on Wednesday in anticipation of the 2024 US election results. While the US stock market surged overnight as voting began in a very close US presidential election to choose the 47th president of the world's largest economy, between Democratic candidate Kamala Harris and Republican nominee Donald Trump, global cues remained supportive as Asian markets traded higher. With 53.1% of the vote, Trump was ahead of Harris, who had 45.8% of the popular vote, according to early trends. For the most recent information, keep checking out our Stock Market Live Blog.

Live Stock Market: Bank Nifty Crosses the 52,300 Mark

Stock Market Live: On Wednesday, the Bank Nifty index rose above the 52,300 mark, driven by gains at ICICI Bank, State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda.

The public can now subscribe to Swiggy's first public offering

Stock Market Live: Swiggy's initial public offering (IPO) began for public subscription today between ₹371 and ₹390. The Swiggy IPO is scheduled to close on Friday, November 8. Institutional investors have shown a great deal of interest in the food delivery company, which raised ₹5,085.02 crore through the November 5 anchor book. Through the IPO, which will involve a new issue of shares priced at ₹4,499 crore and an offer for sale (OFS) of ₹6,828 crore, the business hopes to raise ₹11,327 crore.

Sensex Live: Stock exchanges halt trading in Coffee Day Enterprises securities

Sensex Live: As on November 5, the BSE and NSE stock exchanges have halted trading in Coffee Day Enterprises' stocks.

Since Coffee Day Enterprises Limited satisfies the requirements under the Insolvency and Bankruptcy Code (IBC) for firms, the stock exchanges have banned trading of its securities as an additional surveillance (ASM) step, effective November 5, 2024. According to the business, the securities will only be traded once a week (every Monday or the first trading day of the week) until stock exchanges conduct additional reviews following the completion of at least one month in IBC Stage I.

This clarifies that the CIRP process was started by NCLT Bangalore through an order dated August 8, 2024, and that the corporation received a stay from NCLAT, Chennai, regarding the CIRP procedure that NCLT Bangalore started through an order dated August 14, 2024, it added.

Sensex Live: GAIL shares rise 7% following a Q2 increase, up 59% over the past year.

Sensex Live: Following the release of the company's September quarter scorecard, the price of GAIL's shares increased by about 7% in morning trading. After closing at ₹196.40, the price of GAIL India's shares opened at ₹200.05 and surged 6.6% to ₹209.40. Over the past year, GAIL India's stock has experienced a robust 59% increase.