Sensex Today | Stock Market LIVE Updates: Sensex rises over 100 pts; Nifty above 23,200; India VIX up 7%
Sensex Today | Stock Market LIVE Updates | Indian benchmark equity indices, Sensex and Nifty50, traded higher on Monday, supported by Kotak Mahindra Bank’s strong Q3 performance. The bank’s notable growth in loans and deposits helped boost market sentiment, even in a challenging environment
Sensex Today | Stock Market LIVE Updates | Kotak Mahindra Bank was the top gainer in the Sensex pack, rising over 8% in early trade. Other stocks like SBI, Reliance Industries, NTPC, and Tech Mahindra also saw positive openings. However, IndusInd Bank, Tata Motors, HCL Tech, Adani Ports, and Tata Steel opened lower.
Sensex Today | Tata Tele, MTNL shares zoom 12% as government weights AGR dues waiver
Shares of Tata Teleservices (Maharashtra) and state-owned MTNL surged by up to 12% following reports that the government may announce a partial waiver of AGR dues in the upcoming Budget on February 1.
The proposed waiver, which includes 50% of interest and 100% of penalties and interest on penalties, is expected to provide over Rs 1 lakh crore in financial relief to telecom companies, according to ET reports.
Sensex Today | Stock Market LIVE Updates |Sensex erases early gains, trades flat
Sensex Today | Stock Market LIVE Updates | Shares of telecommunication companies surge up to 10%
The government is considering a proposal to waive 50% of the interest and 100% of the penalties, as well as interest on penalties, which constitute a significant portion of the adjusted gross revenue (AGR) dues levied on telecom companies like Vodafone Idea and Bharti Airtel following the Supreme Court’s 2019 order.
Stock Market LIVE Updates: Laxmi Dental listing: Shares make decent debut; lists at 27% premium on NSE
Stock Market LIVE Updates: Laxmi Dental shares made a decent debut on the stock exchanges on Monday, January 20, 2025. On the National Stock Exchange (NSE), Laxmi Dental IPO listing price was Rs 542 per share, reflecting a listing gain of 26.6 per cent or Rs 114, as against the issue price of Rs 428.
Similarly, on the BSE, Laxmi Dental shares listed at Rs 528 apiece, commanding a premium of 23.3 per cent or Rs 100, as compared to its initial public offering (IPO) issue price.
Laxmi Dental’s IPO listing performance was slightly below the grey market expectations. Ahead of the debut, Laxmi Dental IPO GMP (grey market premium) stood at Rs 145 or 33.88 per cent, as per sources tracking grey market activities.
With Thanks and Reference to:https://www.business-standard.com/markets/news/stock-market-today-live-updates-sensex-today-nifty-jan-20-nse-bse-equity-wipro-zomato-paytm-ipo-gmp-125012000067_1.html and https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-live-nifty-stock-market-updates-20-january-2025/liveblog/117382514.cms?from=mdr
