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Business News/ Markets / Stock Markets/  Stock Market News Today highlights on November 8, 2024 : Tesla Mcap hits $1 trillion after CEO Elon Musk-backed Trump's poll victory; Stock up 19% YTD
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Stock Market News Today highlights on November 8, 2024 : Tesla Mcap hits $1 trillion after CEO Elon Musk-backed Trump's poll victory; Stock up 19% YTD

32 min read . Updated: 08 Nov 2024, 10:12 PM IST
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Stock Market News Today highlights on November 8, 2024: Explore comprehensive coverage of the stock market, with updates on key indices, stock performance, and financial news. Track the biggest market moves and discover how economic indicators, corporate earnings, and geopolitical events impact investments worldwide

Stock Market News Today Live Updates: Tesla Mcap hits $1 trillion after CEO Elon Musk-backed Trump's poll victory; Stock up 19% YTDPremium
Stock Market News Today Live Updates: Tesla Mcap hits $1 trillion after CEO Elon Musk-backed Trump's poll victory; Stock up 19% YTD

Stock Market News Today highlights: In an ever-evolving financial world, staying informed about stock market trends is crucial. Our Stock Market News provides real-time updates, insightful analysis, and in-depth coverage of the global financial landscape. From major index movements and corporate earnings to economic indicators and geopolitical events, we deliver the latest information impacting your investments and the broader economy. Our goal is to empower you with a clear understanding of market dynamics, investor sentiment, and potential opportunities, keeping you connected to the essential developments shaping the world of finance. Stay ahead with timely updates and expert perspectives on stock market trends.

This is an AI-generated live blog and has not been edited by Live Mint staff.
08 Nov 2024, 10:12:13 PM IST

Stock MarketsNews Today Live: Tesla Mcap hits $1 trillion after CEO Elon Musk-backed Trump's poll victory; Stock up 19% YTD

  • Tesla Mcap hits $1 trillion after CEO Elon Musk-backed Trump's poll victory; Stock up 19% YTD
Read the full story here

08 Nov 2024, 09:24:19 PM IST

Stock MarketsNews Today Live: Wall Street on track to log best week in one year after Trump's poll win; S&P 500, Dow in green after US Fed rate cut

  • Wall Street on track to log best week in one year after Trump's poll win; S&P 500, Dow in green after US Fed rate cut
Read the full story here

08 Nov 2024, 05:39:00 PM IST

Stock MarketsNews Today Live: Amara Raja, Exide Industries slide up to 30% from recent peaks. What should investors do?

  • At current levels, Amara Raja Energy's stock is trading at ₹1,303 per share, which represents a 27% decline from its recent peak of ₹1,775. Similarly, Exide Industries' shares are priced at ₹437, down 30% from their high of ₹620, which was reached in July.
Read the full story here

08 Nov 2024, 04:35:20 PM IST

Stock MarketsNews Today Live: Ola Q2 Results: Firm posts net loss of ₹495 crore; revenue rises 39% YoY

  • Ola Q2 Results: Ola Electric Mobility reported a net loss of ₹495 crore for Q2 FY25, down from ₹524 crore a year ago, but up from ₹347 crore in the previous quarter. Revenue increased 39% to ₹1,214 crore compared to ₹873 crore last year.
Read the full story here

08 Nov 2024, 04:10:31 PM IST

Stock MarketsNews Today Live: Tata Motors Q2 Results: Profit drops 11% YoY to ₹3,343 crore

  • Tata Motors reported an 11% YoY decline in consolidated net profit to ₹3,343 crore for Q2 FY25, down from ₹3,764 crore last year. Revenue also fell by 3.74% to ₹100,534 crore compared to ₹104,444 crore in the previous year.
Read the full story here

08 Nov 2024, 04:03:17 PM IST

Stock MarketsNews Today Live: Top Gainers and Losers today on 8 November, 2024: Mahindra & Mahindra, Titan Company, Trent, Coal India among most active stocks; Check full list here

  • Top Gainers and Losers Today : The Sensex lost 55.47 points, or -0.07, to settle at 79541.79, while the Nifty lost 51.15 points, or -0.21, to close at 24199.35.
Read the full story here

08 Nov 2024, 03:35:07 PM IST

Stock MarketsNews Today Live: Stock market today: Nifty 50, Sensex extend slide to 2nd day; mid and smallcaps face heavy selling pressure

  • Stock market today: Nifty 50, Sensex extend slide to 2nd day; mid and smallcaps face heavy selling pressure
Read the full story here

08 Nov 2024, 03:28:47 PM IST

Stock MarketsNews Today Live: MRF Q2 Results: Consolidated net profit dips 19% to ₹470.70 crore

  • MRF reported a 19% decline in consolidated net profit to ₹470.70 crore for Q2 FY25, down from ₹586.60 crore a year ago. However, consolidated revenue rose 10% to ₹6,881.09 crore.
Read the full story here

08 Nov 2024, 03:26:57 PM IST

Stock MarketsNews Today Live: NSE, BSE to remain closed on November 20 on account of Assembly Elections in Maharashtra

  • NSE, BSE to remain closed on November 20 on account of Assembly Elections in Maharashtra
Read the full story here

08 Nov 2024, 03:19:37 PM IST

Stock MarketsNews Today Live: Ashok Leyland Q2 Results: Firm posts consolidated net profit of ₹766.55 crore

  • Ashok Leyland Q2 Results: For the July-September 2024 quarter, Ashok Leyland's profit surged to ₹766.55 crore, a significant rise from ₹550.65 crore last year. The company achieved a total income of ₹11,261.84 crore.
Read the full story here

08 Nov 2024, 03:12:08 PM IST

Stock MarketsNews Today Live: Vedanta Q2 Results: Mining major posts net profit of ₹5,603 crore vs loss YoY

  • Vedanta Q2 Results: Mining major posts net profit of ₹5,603 crore vs loss YoY
Read the full story here

08 Nov 2024, 02:12:17 PM IST

Stock MarketsNews Today Live: FPI Sell-off: Financials, Oil & Gas sectors lead October FPI exodus amid shift to cheaper markets

  • FPI Sell-off: The Financial Services sector saw the highest FPI outflow of ₹26,139 crore in October, with ₹23,274 crore sold in the first half of the month and ₹2,865 crore in the latter half. 
Read the full story here

08 Nov 2024, 02:07:48 PM IST

Stock MarketsNews Today Live: Tata Steel investors may remain jittery amid delayed revival in European operations

  • Tata Steel stock has fallen 8%, underperforming benchmark index Nifty50, as investor sentiment is weighed down by the losses incurred in the UK business
Read the full story here

08 Nov 2024, 02:04:44 PM IST

Stock MarketsNews Today Live: Small-cap stock below ₹100 Brahmaputra Infrastructure gains 14%: Receives LOA for execution of government contracts

  • Stock Market Today: Small-cap stock below ₹100 Brahmaputra Infrastructure gained 14% during intraday trades on Friday. Company announced receiving a LOA ( Letter of Acceptance) from Telcommunication Consultants India Limited for project execution
Read the full story here

08 Nov 2024, 01:47:05 PM IST

Stock MarketsNews Today Live: SBI Q2 Results: Net profit rises 28% YoY to ₹18,331.4 crore

  • SBI Q2 Results: Net profit rises 28% YoY to ₹18,331.4 crore
Read the full story here

08 Nov 2024, 01:34:20 PM IST

Stock MarketsNews Today Live: Multibagger Motisons Jewellers stock trades ex-split in 1:10 ratio; shares jump 5%

  • Gold-related stocks have gained strong traction in recent months, fueled by the sustained demand for gold despite rising prices and a noticeable shift in consumer preference from unorganized to organized jewellery retailers.
Read the full story here

08 Nov 2024, 01:09:49 PM IST

Stock MarketsNews Today Live: PSU Stock: ITI share price jumps 14% on L1 bid win for ₹3,022 crore; Expert sees further upside

  • PSU Stock: ITI share price surged nearly 14% after the company was selected as the L1 bidder for a ₹3,022 crore BharatNet project. The project covers regions in Himachal Pradesh, West Bengal, and the Andaman and Nicobar Islands, with ITI leading a consortium for its execution.
Read the full story here

08 Nov 2024, 12:17:50 PM IST

Stock MarketsNews Today Live: Multibagger Shyam Metalics share price drops 14% from all-time high amid Q2 results, profit booking. Should you buy?

  • Multibagger Stock: Shyam Metalics shares fell after a 55% profit decline to ₹216 crore in Q2, despite revenue growth. The drop was due to deferred tax asset adjustments. The stock has seen a 7% loss in two sessions and a significant decline from its all-time high.
Read the full story here

08 Nov 2024, 11:53:13 AM IST

Stock MarketsNews Today Live: ACME Solar IPO Day 3: Issue subscribed 0.78 times so far, retail portion booked 2.40 times. Apply or not?

  • ACME Solar Holdings' IPO, opened on November 6, is 0.78 times subscribed as of today, with retail oversubscribed at 2.40 times. The IPO aims to raise ₹2,900 crore and is expected to list on November 13, 2024. Analysts recommend a 'Subscribe' rating.
Read the full story here

08 Nov 2024, 11:51:07 AM IST

Stock MarketsNews Today Live: Stocks to buy: Maruti Suzuki, Chalet Hotels among four top stock picks by StoxBox for near to mid-term

  • Stocks to buy: StoxBox has come out with its top picks in the Indian stock market, spotlighting promising stocks with growth potential despite current economic challenges. Check out the list of these four stocks to buy.
Read the full story here

08 Nov 2024, 11:14:49 AM IST

Stock MarketsNews Today Live: Multibagger small-cap stock declares record date for 1:10 stock split. Details here

  • The Board of Sudarshan Pharma Industries has scheduled November 18 as the record date for a 1:10 stock split. This action will adjust share values while maintaining overall market capitalisation.
Read the full story here

08 Nov 2024, 10:38:28 AM IST

Stock MarketsNews Today Live: Indian Hotels share price rises 6% to 1 year high post Q2 results that beat analysts expectations

  • Stock Market Today: Indian Hotels Company Ltd share price gained more than 6% in the morning trades to scale 1 year high on Friday, post Q2 results that were reported by the company post market hours on Thursday. Analysts said that results came ahead of expectations
Read the full story here

08 Nov 2024, 10:37:32 AM IST

Stock MarketsNews Today Live: India is undergoing an astonishing stock market revolution

  • Small investors, rejoice—and beware
Read the full story here

08 Nov 2024, 10:28:44 AM IST

Stock MarketsNews Today Live: RVNL, Ircon International shares tumble up to 7% on weak performance in Q2

  • Rail Vikas Nigam Limited and Ircon International shares fell by 7.2% and 6%, respectively after disappointing Q2 FY25 earnings. Both companies witnessed a decline in net profits on a YoY basis.
Read the full story here

08 Nov 2024, 10:22:49 AM IST

Stock MarketsNews Today Live: SBI share price trades flat ahead of Q2 results today; Here’s what to expect

  • SBI share price has seen a decent upward trend this year. The PSU banking stock is up over 4% in one week and more than 9.5% in one month. SBI stock price has rallied over 33% year-to-date (YTD), outperforming the 10% rise on Sensex during the same period.
Read the full story here

08 Nov 2024, 10:10:16 AM IST

Stock MarketsNews Today Live: Beyond spotlight: Five lesser-known Indian investors and their top stock bets

  • What stock moves are India's stealth investors making for impressive returns? Find out how these quiet market players are building their wealth.
Read the full story here

08 Nov 2024, 10:08:06 AM IST

Stock MarketsNews Today Live: Tata Motors share price in focus ahead of Q2 results today: Here is what analysts expect

  • Stock Market Today: Tata Motors will report its financial performance for quarter ending September (Q2 results) today. Amidst moderate growth expectations for Passenger Vehicles and Commercial Vehicles too, here is what analysts expect
Read the full story here

08 Nov 2024, 10:00:45 AM IST

Stock MarketsNews Today Live: Shares to buy or sell: Rajesh Palviya of Axis Securities suggests these three stocks to buy, hold, and accumulate today

  • Shares to buy or sell: Rajesh Palviya has recommended to buy, hold, and accumulate DCM Shriram Ltd, Polyplex Corporation Ltd, and Welspun Corp Ltd.
Read the full story here

08 Nov 2024, 10:00:12 AM IST

Stock MarketsNews Today Live: Anil Ambani's Reliance Power shares hit 5% lower circuit after SECI notice

  • Reliance Power shares fell 5% to hit the lower circuit of ₹41.47 on November 8 after the Solar Energy Corporation of India barred the company and its subsidiary from SECI tenders for three years.
Read the full story here

08 Nov 2024, 09:54:48 AM IST

Stock MarketsNews Today Live: Reliance Industries loses $50 billion in market cap on earnings dismay

  • Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
Read the full story here

08 Nov 2024, 07:36:23 AM IST

Stock MarketsNews Today Live: Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today

  • Breakout stocks to buy or sell: Indian stock market indices, Sensex and Nifty 50, declined over a percent amid profit booking and fragile sentiment. Sumeet Bagadia suggests a cautious approach, identifying 24,000 as key support for Nifty 50, and recommends five breakout stocks for buying.
Read the full story here

08 Nov 2024, 07:33:56 AM IST

Stock MarketsNews Today Live: Nifty 50, Sensex today: What to expect from Indian stock market in trade on November 8 after US Fed rate cut

  • Nifty 50, Sensex today: The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,290 level, a discount of nearly 10 points from the Nifty futures’ previous close.
Read the full story here

08 Nov 2024, 07:20:38 AM IST

Stock MarketsNews Today Live: Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US Fed rate cut to Wall Street rally

  • Indian stock market: Gift Nifty was trading around 24,290 level, a discount of nearly 10 points from the Nifty futures’ previous close, indicating a flat start for the Indian stock market indices.
Read the full story here

08 Nov 2024, 06:48:23 AM IST

Stock MarketsNews Today Live: Stock market today: Trade setup for Nifty 50 to Q2 results today; five stocks to buy or sell on Friday — Nov 8

  • Stock Market Today: The Benchmark Nifty-50 index has been finding resistance at 24,500 and is hovering around crucial support zone of 24,200. Sustaining this is crucial for keeping the trend intact, experts said.
Read the full story here

08 Nov 2024, 06:30:09 AM IST

Stock MarketsNews Today Live: Most wanted stocks of 2024: Fund managers bullish on these 3 AI companies

  • Fund managers have shown a steady preference for these three AI stocks over the last four quarters. More details inside
Read the full story here

08 Nov 2024, 06:28:45 AM IST

Stock MarketsNews Today Live: Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 8

  • Buy or sell stocks: Vaishali Parekh recommends three stocks for today — ITI, KEC International, and Computer Age Management Services.
Read the full story here

08 Nov 2024, 06:00:28 AM IST

Stock MarketsNews Today Live: India’s Warren Buffetts just exited these 5 stocks. Do you still hold them?

  • Recently, five companies have witnessed exits by renowned investors like Ashish Kacholia and Dolly Khanna. These stocks exhibit notable concerns around financial performance and future growth prospects, raising questions about their long-term viability.
Read the full story here

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