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Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With almost five years of experience under his belt, Tiwary has previously worked with HT TechCircle (then NewsCorp TechCircle), CNBC TV, and Republic TV. He has also worked with Forbes and Sportskeeda. He holds post-graduate degrees from the University of Leicester and the Indian Institute of Journalism and News Media, Bengaluru.
Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With almost five years of experience under his belt, Tiwary has previously worked with HT TechCircle (then NewsCorp TechCircle), CNBC TV, and Republic TV. He has also worked with Forbes and Sportskeeda. He holds post-graduate degrees from the University of Leicester and the Indian Institute of Journalism and News Media, Bengaluru.
Stock slumps over 13% on weak Q2 results, subdued festive demand outlook
The decline followed a mixed response from both domestic and international brokerages, despite the company delivering strong results in the September quarter (Q2FY25).
At 6:30 AM, GIFT Nifty Futures were trading about 14 points higher at 25,069, suggesting a flat to positive start for Indian markets.
The uptick in Rallis India share price came after the company announced a healthy set of September quarter of financial year 2025 (Q2FY25) results on Tuesday, October 15.
At 6:30 AM, GIFT Nifty Futures were trading about 49 points lower at 25,069, suggesting a negative start for Indian markets.
The drop in the share price came after the company's expenses jumped 13.1 per cent year-on-year (Y-o-Y) to Rs 3,649.9 crore in Q2FY25, from Rs 3,227.88 crore in Q2FY24
Overall, the sentiment remains cautiously optimistic for Wipro ahead of results, with key focus areas including large-deal pipelines and consulting growth.
At 6:33 AM, GIFT Nifty Futures were trading 30 points higher at 25,251, suggesting a higher start for Indian markets.
Analysts are optimistic about major revenue growth for Bajaj Auto, driven by robust volume increases and effective pricing strategies.
The fall in DMart share price came after the company's September quarter results missed street expectations.
At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a tentative start for the Indian markets.
This shift is seen as a positive for BSE, as trading volumes are likely to shift to its platform, leading to an increase in transactions and revenue for it.
At 6:30 AM, GIFT Nifty Futures were trading 39 points lower at 25,079 levels, indicating a weak start for the Indian bourses.
At 6:30 AM, GIFT Nifty Futures were up 123 points at 25,207, indicating a gap-up opening for the Indian bourses.
Nomura has reaffirmed its 'Buy' rating for SBI, maintaining a target price of Rs 980. This target suggests a potential upside of approximately 25per cent from the previous closing price of Rs 781.
At 6:34 AM, GIFT Nifty Futures were trading 25 points higher at 25,157, suggesting a flat to positive start for Indian markets.
Sobha's new sales plunged 44.9 per cent year-on-year (Y-o-Y) to 929,907 square feet in Q2FY25, from 1,686,196 square feet in Q2FY24.
The decline in Tata Motors share came on the back of disappointing sales figures for Jaguar Land Rover (JLR) in the September quarter (Q2FY25).
At 6:38 AM, GIFT Nifty Futures were trading 114 points lower at 24,871, indicating a potential gap-down opening for Indian markets.
Titan share price dropped despite the company reporting robust business performance for the September quarter (Q2FY25).