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    Tuesday, August 18
    Stock Market

    Stock Market Close: Sensex drops 703 points, Nifty at 23,843; Adani Ent, ICICI Bank top gainers | Markets News

    4 Mins Read


    3:47 PM

    Stock Market LIVE Updates: Technical view

    Stock Market LIVE Updates: Nifty opened near the 23,500–23,600 support zone and witnessed a gradual recovery during the session. The index tested the 23,900 level, which has now turned into immediate resistance after previously acting as support. However, it failed to sustain above this level due to early profit-booking, indicating clear supply pressure at higher levels. Going ahead, 23,900 is likely to continue acting as immediate resistance, followed by the key psychological level of 24,000. This level is reinforced by high open interest concentration and a previous swing high, making it a strong supply zone.

    On the downside, the 23,500–23,600 band remains a crucial support area, where strong buying interest has been observed. A break below this zone could expose the index to further downside toward 23,300 and 23,000, both supported by open interest build-up and prior price structure. 

    View by: Hariprasad K, research analyst and founder, Livelong Wealth.  

    3:46 PM

    Stock Market LIVE Updates: Market expert view


    Stock Market LIVE Updates: Markets continue to derive limited support from last week’s ceasefire framework, which remains intact for now and is encouraging selective buying interest along with a buy-on-dips approach. This comes despite an initial negative reaction to the breakdown of US–Iran peace talks and the announcement of a US naval blockade in the Strait of Hormuz, which pushed crude prices above $100/bbl. Elevated oil prices are raising concerns around inflation, currency stability, and broader macro balances, thereby weighing on overall sentiment.


     

    On the domestic front, the Q4 earnings season is now underway, leading to stock-specific activity, although overall risk appetite remains cautious amid global uncertainty. While the immediate impact on Q4 earnings is expected to be manageable, prolonged Middle East tensions could have more meaningful implications for Q1FY27. Volatility is likely to remain elevated, with markets closely tracking geopolitical developments alongside earnings quality and management commentary.

    View by: Vinod Nair, head of research, Geojit Investments

    3:43 PM

    Stock Market LIVE Updates: Sector check

    Stock Market LIVE Updates: Nifty FMCG, IT, Oil & Gas and Auto were among top laggards sectorally. 
    3:40 PM

    Stock Market LIVE Updates: A glance at broader market

    Stock Market LIVE Updates: Nifty Midcap 100 and Smallcap 100 settled lower. 
    3:39 PM

    Stock Market LIVE Updates: Here’s a look at Sensex gainers and losers at close

    Stock Market LIVE Updates: ICICI Bank, Axis Bank and NTPC were the only top gainers on Sensex. 
    3:38 PM

    Stock Market LIVE Updates: Nifty settles at 23,843

    Stock Market LIVE Updates: NSE Nifty50 settled at 23,842.65, down 207.95 points or 0.86 per cent.
    3:35 PM

    Stock Market LIVE Updates: Sensex closes at 76,848

    Stock Market LIVE Updates: BSE Sensex closed at 76,847.57, down 702.68 points or 0.91 per cent. 
    3:18 PM

    Stock Market LIVE Updates: Puravankara share price jumps over 17% on strong Q4 business update

    Stock Market LIVE Updates: Puravankara share price jumped 17.3 per cent to ₹229 on the National Stock Exchange (NSE) as the company reported over 190 per cent increase in sales for the March quarter (Q4FY26). The sales for the quarter was reported at ₹3,547 crore compared to ₹1,225 crore in the same quarter a year ago.

    3:11 PM

    Stock Market LIVE Updates: Why did Tata Chemicals, Tata Investment rally up to 12% in weak market?

    Stock Market LIVE Updates: Tata Chemicals and Tata Investment Corporation shares gained up to 12 per cent in trade on BSE, after reports suggested the listing of parent company Tata Sons as a public company. At 2:19 PM, Tata Chemicals stocks pared some gains and were trading 4.34 per cent and Tata Investment was trading 8.64 per cent higher. In comparison, the BSE Sensex was down 0.85 per cent at 76,891.56. Read more. 
    3:01 PM

    Stock Market LIVE Updates: 3 PM market update

    Stock Market LIVE Updates: As of 3:00 PM, the Nifty50 was trading 0.69 per cent or 178.75 points at 2,854.25, and the Sensex was trading 0.68 per cent or 526.78 points down at 77,023.47.



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