The S&P BSE SENSEX was down 55 points, or 0.07%, at 78,484.69 at 9:44 AM, while the NSE's NIFTY50 index was down 14 points, or 0.06%, at 23,739.25.
Today's stock market: Early on Tuesday, December 24, the domestic stock market was experiencing slight losses due to selling in index heavyweights like HDFC Bank, Bharti Airtel, ICICI Bank, and ITC.The S&P BSE SENSEX was down 55 points, or 0.07%, at 78,484.69 at 9:44 AM, while the NSE's NIFTY50 index was down 14 points, or 0.06%, at 23,739.25.
Of the 50 components that make up the NIFTY50 index, 21 were in the green and 29 were trading in negative territory.
Hero MotoCorp, Adani Enterprises, Tata Motors, TCS, and BPCL were the index's top five gainers.
JSW Steel, Tata Steel, Shriram Finance, IndusInd Bank, and HDFC Bank were the biggest losers.
Buzzing Stocks: Amid rumors that Tata Capital is getting ready to undertake a ₹15,000 crore initial public offering (IPO), shares of Tata Investment Corporation (TICL) surged as much as 12% to ₹7,314 apiece on the NSE in early trade on Tuesday, December 12.
According to publicly accessible data, Tata Investment Corporation is one of Tata Sons' biggest stockholders, and Tata Capital is a subsidiary of Tata Sons.
Tejas Networks, Tata Motors, and Tata Technologies were among the other Tata Group companies that saw improvements in value.
Tejas Networks, Tata Motors, and Tata Technologies were among the other Tata Group companies that saw improvements in value.
A Wider Market
The BSE SmallCap index was up 267 points, or 0.49%, at 55,084.74, while the BSE MidCap index was up 113 points, or 0.24%, at 46,386.89.
Sector Observation
With the exception of banks and metals, all sectoral indices were trading in positive territory. Auto and IT stocks were rising fairly well.
At 51,444.80, the BSE AUTO index was up 0.70 percent.
International Markets
The dollar stayed close to a two-year high on Tuesday, supported by higher US Treasury yields as investors braced for fewer rate reduction from the Federal Reserve in 2025, while Asian markets saw modest gains despite a week with holiday restrictions.
Due to gains by many of the so-called Magnificent Seven tech firms on a trading day that was thinned out by holidays, Wall Street's major indexes all finished the overnight trade higher, with the Dow Jones Industrial Average and the Nasdaq Composite recording three consecutive victories.
According to publicly accessible data, Tata Investment Corporation is one of Tata Sons' biggest stockholders, and Tata Capital is a subsidiary of Tata Sons.
Tejas Networks, Tata Motors, and Tata Technologies were among the other Tata Group companies that saw improvements in value.
Tejas Networks, Tata Motors, and Tata Technologies were among the other Tata Group companies that saw improvements in value.
A Wider Market
The BSE SmallCap index was up 267 points, or 0.49%, at 55,084.74, while the BSE MidCap index was up 113 points, or 0.24%, at 46,386.89.
Sector Observation
With the exception of banks and metals, all sectoral indices were trading in positive territory. Auto and IT stocks were rising fairly well.
At 51,444.80, the BSE AUTO index was up 0.70 percent.
International Markets
The dollar stayed close to a two-year high on Tuesday, supported by higher US Treasury yields as investors braced for fewer rate reduction from the Federal Reserve in 2025, while Asian markets saw modest gains despite a week with holiday restrictions.
Due to gains by many of the so-called Magnificent Seven tech firms on a trading day that was thinned out by holidays, Wall Street's major indexes all finished the overnight trade higher, with the Dow Jones Industrial Average and the Nasdaq Composite recording three consecutive victories.
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