Fag-end buying in pvt banks, RIL help lift Sensex 72 pts, Nifty atop 19,400

Closing Bell on November 10, 2023: Among sectors, the Nifty Media index fell 1.2 per cent, followed by the Nifty Auto index (down 0.35 per cent)

3:58 PM

Comment :: 'Markets awaiting fresh triggers'

We are seeing rotational buying across heavyweights, which is helping the index to hold strong amid consolidation. Markets are now awaiting fresh triggers and it could probably be from the global markets. Meanwhile, traders should stay focused on stock selection and maintain a positive bias until the Nifty breaks 19,200. 

Views by: Ajit Mishra, SVP - Technical Research, Religare Broking

3:43 PM

Currency check :: Rupee ends at record low amid strong dollar

3:42 PM

SmallCap Heatmap :: Index ends 0.38% higher, near day's high

3:40 PM

MidCap Heatmap :: Index recoups losses, closes 0.33% higher

3:39 PM

Nifty Heatmap :: Hero Moto, M&M, Titan weigh on benchmarks

3:37 PM

Closing Bell :: Nifty holds 19,400 on volatile day

3:35 PM

Closing Bell :: Sensex gains 72 pts after staying tepid through out the session

3:26 PM

ALERT :: Honasa Consumer up over 4% on Jefferies' Buy call

3:13 PM

Cars equipped with air purifiers become latest draw for buyers In metros

With worsening levels of air quality, consumers prefer car variants fitted with air purifiers. Whereas Hyundai, Kia, and Tata Motors provide factory-fitted air purifiers in their cars, Maruti Suzuki presents them as an accessory to customers. The top two variants of the Kia's Seltos model feature an inbuilt air purifier generating as much as 77 per cent of Seltos' sales. Hyundai Motor India is garnering more than a fifth of sales of the Creta SUV model from variants equipped with air purifiers. The share is even higher in the Alcazar model at 87 per cent, whereas in the compact SUV Venue, it is at about 10 per cent. READ MORE

3:01 PM

India needs 8-8.5% growth to create enough jobs, says Raghuram Rajan

India’s economy is showing signs of steady growth but needs to expand at a pace of over 8% to create enough jobs for the world’s most populous nation, former Reserve Bank of India Governor Raghuram Rajan said. READ MORE

2:52 PM

ALERT:: Gokul Refoils posts Q2 loss; stock gains 3%

Gokul Refoils & Solvent today reported a net loss of Rs 8.18 crore for Q2FY24 as against a net profit of Rs 0.76 crore in Q2FY23. Total income almost doubled to Rs 84.49 crore.

2:42 PM

Stock of this personal care products company has zoomed 103% in 1 month

Shares of Cupid were locked in the 10 per cent upper circuit at Rs 818, also its new high, on the BSE on Friday, extending its rally on the bourses triggered post a rejig in the company's management. READ MORE

2:33 PM

Oil set for third weekly decline as Middle East conflict concerns ebb

The three weeks of declines are the longest weekly losing streak for both contracts since a four-week drop from mid-April to early May. READ MORE

2:23 PM

ALERT:: Hindalco Q2 net dips 0.4%; stock trades flat

Hindalco today reported a 0.4 per cent dip in consolidated net profit at Rs 2,196 crore for Q2FY24 as against Rs 2,205 crore in Q2FY23. Total income was down 3.3 per cent YoY at Rs 54,632 crore.

2:17 PM

ALERT:: Igarashi Motors Q2 net soars three-fold; stock rallies 4%

Igarashi Motors today reported an over three-fold jump in net profit to Rs 1.46 crore for Q2FY24 as against Rs 0.47 crore in Q2FY23. Total income was up 2.6 per cent YoY at Rs 178.90 crore.

2:09 PM

ALERT:: Apollo Micro Systems Q2 net jumps two-fold; stock rises 3%

Apollo Micro Systems today reported a two-fold jump in net profit at Rs 6.62 crore for Q2FY24 as against Rs 3.29 crore in Q2FY23. Total income rose 67.2 per cent YoY to Rs 87.57 crore. READ MORE

2:00 PM

Article on Adani cos: SC grants protection to reporters summoned by police

A bench of Justices B R Gavai and P K Mishra directed the journalists to cooperate in the investigation and issued notice to the Gujarat government on the pleas filed by the duo. READ MORE 

1:53 PM

ALERT:: Edelweiss Financial Q2 net rises 24%; stock trades flat

Edelweiss Financial today reported a 24.1 per cent growth in net profit at Rs 94.93 crore for Q2FY24 as against Rs 76.51 crore in Q2FY23. Total income rose 3.1 15 per cent YoY to Rs 2,164.93 crore.

1:45 PM

ALERT:: Moneyboxx Finance report Q2 turnaround; stock up 2%

Moneyboxx Finance today reported a net profit of Rs 1.37 crore for Q2FY24 as against a net loss of Rs 2.92 crore in Q2FY23. Total income soared 180.9 per cent YoY to Rs 28.51 crore.

1:32 PM

ALERT:: Emami Realty Q2 net loss expands; stock slides 3%

Emami Realty today reported a net loss of Rs 21.37 crore  for Q2FY24 as against a net loss of Rs 14.86 crore in Q2FY23. Total income, however, soared 113.2 per cent YoY to Rs 11.60 crore.

1:20 PM

ALERT:: Zenith Exports reports Q2 turnaround; stock up 1%

Zenith Exports today reported a net profit of Rs 0.53 crore  for Q2FY24 as against a net loss of Rs 1.06 crore in Q2FY23. Total income surged 44 per cent YoY to Rs 23.30 crore.

1:09 PM

ALERT:: M&M Q2 net slips 15%; stock dips 2%

Mahindra & Mahindra (M&M) today reported a 15 per cent decline net profit to Rs 2,348 crore for Q2FY24 as against Rs 2,773 crore in Q2FY23. Revenue from operations, however, grew 15 per cent YoY to Rs 34,436 crore.

12:57 PM

Market Check:: Sensex rebounds, gains over 250 pts from day's low

12:47 PM

Aarti Drugs, Balrampur: 5 stocks that can surge up to 66% in Samvat 2080

Bayer Cropscience, Granules India and HLE Glasscoat are the other three stocks that can generate healthy returns till next Diwali, based on the existing chart patterns. READ MORE

12:35 PM

Passenger vehicles, 3-wheelers report highest ever sales in October: Siam

Passenger vehicles (PVs) and three-wheelers posted the highest-ever monthly sales in India in October, according to data released by the Society of Indian Automobile Manufacturers (Siam). At 389,714 units, PVs reported a 15 per cent jump in their sales in October as compared to 336,330 in the same month last year. READ MORE

12:24 PM

Hindustan Aeronautics hits new peak, up 4% on signing pact with Airbus

HALand Airbus have signed a contract for establishing Repair and Overhaul (MRO) facilities for A-320 family of aircrafts. READ MORE

12:13 PM

Asian Market Check:: A sea of red; Hang Seng worst hit

Source: Yahoo Finance

12:02 PM

ALERT:: EaseMyTrip inaugurates its first franchise store in Pune; stock up 1%

EaseMyTrip.com in an exchange filing announced the launch of its first offline franchise retail store in Pune, Maharashtra. This is a strategic move aligned with the brand’s expansion plans through its franchise model. 

11:51 AM

Signature Global Q2 loss narrows to Rs 20 cr; stock down 2%

Signature Global announced that it has signed a definitive agreement to acquire 100 per cent stake in Gurugram Commercity Pvt Ltd (GCPL), which owns 25.14 acre land in Sector 71 Gurugram. READ MORE

11:43 AM

50,000 Palestinians moved to southern Gaza via corridor set up by Israel

As many as 50,000 Palestinians have moved from northern to southern Gaza through the humanitarian corridors set up the Israel, the UN Office for the Coordinator of Humanitarian Affairs (OCHA) has announced, The Times of Israel reported. READ MORE