Stock Market Live Updates 26 December 2023: Asian stocks hold ground amid limited global cues, Nikkei up slightly

Stock Market today| Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 26 December 2023.

ALL UPDATES

  • December 26, 2023 07:29

    Currency Market Live Updates: Dollar and Treasury yields remain weak

    The US dollar index continued its fall for the second consecutive week. As expected, the index fell to test the key support level of 101.50 last week. It made a low of 101.43 and has bounced slightly from there to close at 101.70. The index was down 0.83 per cent for the week. The US 10Yr Treasury yield, on the other hand, remained lower but was relatively stable. 

  • December 26, 2023 07:28

    Stock Market Live Updates: F&O Query: Aditya Birla Capital (₹159.7)

    The stock, which has been on a downtrend since July, has now reached a support at ₹160. Although the closing price is slightly below this level, we cannot consider that as a strong break.

  • December 26, 2023 07:23

    Stock Market Live Updates: F&O Query: SBI Life Insurance Company (₹1,394.3)

    The stock has seen a decline in price over the past couple of weeks. However, ₹1,380 is a support and this can stop the downtrend. The 50-day moving average coincides at ₹1,380 making it a strong base.

  • December 26, 2023 07:22

    Stock Recommendations: Indus Towers (₹185.6)

    Indus Towers’ stock, in April this year, formed a base at ₹136. It then started to appreciate. However, after gaining to ₹195 in September, the stock began to move sideways. It was oscillating between ₹178 and ₹195, except for a temporary fall to ₹168 once in October. 

  • December 26, 2023 07:21

    Stock Recommendations: Endurance Technologies (₹1,833)

    Endurance Technologies’ stock bounced off the support at ₹1,200 in April this year. But after reaching ₹1,749 in July, the bulls lost momentum and consequently, the price moderated. The support at ₹1,525 arrested the decline and the stock has now resumed another leg of rally on the back of this base. 

  • December 26, 2023 07:20

    Stock Recommendations: Advanced Enzyme Technologies (₹375.3)

    Advanced Enzymes Technologies’ stock began rallying in April this year after depreciating over the preceding two years. It took support at ₹230 and started moving up. In early December, the stock surpassed a resistance at ₹345 and confirmed a bull flag on the weekly chart.

  • December 26, 2023 07:18

    Stock Market Live Updates: Index Outlook: Nifty 50, Sensex: Uptrend is intact

    It was a volatile week for the Indian equity markets. After a stable beginning, the Sensex, Nifty 50 and the Nifty Bank index witnessed a sharp fall mid-week on Wednesday. But thereafter, they have managed to bounce back and recoup most of the loss. The recovery from the week’s low indicates the presence of strong buyers at lower levels. That, in turn, keeps the overall positive sentiment intact. 

  • December 26, 2023 07:17

    Stock Recommendations: Broker’s call: JK Lakshmi Cement (Buy)

    The company’s ongoing capacity expansion at its subsidiary UCWL (Udaipur Cement Works Ltd) of a 2.5 mtpa grinding unit is progressing well and is expected to commercialise in Q1-FY25. The clinker unit (1.5 mtpa) is already operational and getting stabilised. Clinker produced at UCWL will be used by JKLC for grinding

  • December 26, 2023 07:16

    Stock Recommendations: Oberoi Realty (Add)

    Oberoi Realty (OBER) in Q3-FY24 launched its most-awaited project in Kolshet-Thane (2.5msf) and plans to launch the Pokrhan-2 (about 15msf) project in the next 1-2 quarters. Additionally, the company plans to launch another tower in Goregaon in Q4-FY24.

  • December 26, 2023 07:12

    Stock Market Live Updates: Securities in F&O Ban For Trade Date 26-Dec-2023

    • ASHOK LEY

    • BALRAMCHIN 

    • DELTACORP 

    • HINDCOPPER

    • INDIACEM

    • NATIONALUM

    • SAIL

  • December 26, 2023 07:12

    Stock Market Live Updates: Major U.S. listed stocks result calendar 26.12.2023 

    BHP Group (Tentative) (Sector- Metal and Mining)

    SatixFy Communications Ltd. (Tentative) (Sector- Telecom)

  • December 26, 2023 07:11

    Stock Market Live Updates: Economic Calendar – 26.12.2023 

    19.30 U.S. Housing Price Index m/m (Expected: 0.5% versus Previous: 0.6%)

  • December 26, 2023 07:06

    Stock Market Live Updates: Asian markets open steady amidst holiday lull, Nikkei sees marginal rise

    Asian stock markets opened with minimal movement on Tuesday as significant global cues were lacking due to many markets remaining closed for the Christmas holiday.

    The Nikkei 225 index saw a marginal increase of 0.065 per cent, or 21.78 points, reaching 33,275.81 in early trading, while the broader Topix index experienced a slight decrease of 0.05 per cent, or 1.07 points, down to 2,338.47.

    Korean shares commenced the week with subdued activity, as the KOSPI traded 0.02 per cent lower, dropping by 0.48 points to 2,599.03. Meanwhile, Australia’s S&P/ASX 200 index showed weakness, down 0.03 per cent, or 2.50 points, trading at 7,501.60.

    The stability of oil prices followed a notable weekly surge, marking its most substantial advance in over two months. Attention turned to potential disruptions in the Red Sea due to a series of Houthi attacks targeting vessels in this crucial waterway.

    West Texas Intermediate hovered around $74 per barrel.

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