Page 775 - Markets News
Suven Pharma shares jump 6% after topline zooms 11% in Q2 earnings
Shares of Suven Pharmaceuticals surged up to 6.25 per cent at Rs 1,279 per share on the BSE in Wednesday's intraday deals
 "Suven Pharma shares jump 6% after topline zooms 11% in Q2 earnings")
Weekly contracts that made India top options market has last trading day
The surge in options trading boosted revenue for the nation's two stock exchanges and attracted the biggest Wall Street firms
 "Weekly contracts that made India top options market has last trading day")
Medplus share price rises 7% on posting more than 1.5x profit in Q2FY25
Drugmakers Mankind Pharma's and Cipla's domestic revenues were boosted by strong demand for OTC medications, the companies said in their second-quarter earnings statements
 "Medplus share price rises 7% on posting more than 1.5x profit in Q2FY25")
Sula Vineyards tumbles 7% to fresh 52-week low as Q2 net profit falls 37%
Sula Vineyard's profit plummeted 37.3 per cent year-on-year (Y-o-Y) to Rs 14.5 crore in Q2FY25, from Rs 23.1 crore in Q2FY24
 "Sula Vineyards tumbles 7% to fresh 52-week low as Q2 net profit falls 37%")
Swiggy enters Rs 1 trn market-cap club on debut; up 15% over issue price
At 11:15 am on Wednesday; Swiggy's market cap stood at Rs 100,148 crore (Rs 1.0 trillion), the NSE data shows.
 "Swiggy enters Rs 1 trn market-cap club on debut; up 15% over issue price")
Silver may fall to $29 in near-term; here's how to trade white metal today
With China's fiscal stimulus failing to excite investors, Silver is likely to be under pressure in the short term, even gold and copper prices weaken
 "Silver may fall to $29 in near-term; here's how to trade white metal today")
Swiggy shares make positive debut on bourses; list at 8% premium on NSE
On the National Stock Exchange (NSE), Swiggy shares opened at Rs 420, higher by Rs 30, or 7.6 percent, from its IPO allotment price
 "Swiggy shares make positive debut on bourses; list at 8% premium on NSE")
Gold likely to be under pressure in near-term; check support levels
Spot gold tumbled to the lowest level in nearly 7 weeks on November 12 as investors piled into risk assets on optimism over the US growth prospects with Trump at the helm
 "Gold likely to be under pressure in near-term; check support levels")
Market fall: BSE Smallcap index tanks 7% in 1 week; 50 shares at 52-wk low
The BSE Smallcap index slipped 2.5% or 1,346 points to 52,258 in Wednesday's intra-day trade and down 6.7% in the past one week as sustained FIIs selling and earnings disappointment weighed.
 "Market fall: BSE Smallcap index tanks 7% in 1 week; 50 shares at 52-wk low")
Repco Home Finance stock price rallies 8% as Q2 profit jumps over 15% YoY
Repco Home Finance's standalone profit rose 15.3 per cent year-on-year (Y-o-Y) to Rs 113 crore in Q2FY25, from Rs 98 crore in the same quarter a year ago (Q2FY24)
 "Repco Home Finance stock price rallies 8% as Q2 profit jumps over 15% YoY")
Nykaa advances 6% on healthy Q2 results; brokerages remain divided
Nykaa reports Q2 results with 72 per cent increase in consolidated net profit for the second quarter at Rs 10 crore as compared to Rs 5.85 crore a year ago
 "Nykaa advances 6% on healthy Q2 results; brokerages remain divided")
ACME Solar listing: Shares make poor debut on bourses at Rs 251 on NSE
ACME Solar shares opened lower on bourses at Rs 259 on BSE lower than Street's expectations
 "ACME Solar listing: Shares make poor debut on bourses at Rs 251 on NSE")
PNC Infratech hits 52-wk low, tanks 7% on weak numbers in September quarter
The fall in PNC Infratech share price came after the company reported a weak set of numbers in the September quarter of financial year 2025 (Q2FY25)
 "PNC Infratech hits 52-wk low, tanks 7% on weak numbers in September quarter")
Equity returns outclass gold, FD, property in the long term: Morgan Stanley
Indian households, Desai wrote, are still under-invested in equities. At cost, only 3 per cent of the household balance sheet is in equities, excluding equity holdings of founders.
 "Equity returns outclass gold, FD, property in the long term: Morgan Stanley")
PNB Housing Finance slips 7% after 10% equity change hands on NSE
Till 09:17 am on Wednesday; as many as 26.14 million equity shares representing 10 per cent of total equity of PNB Housing Finance changed hands on the NSE, the exchange data shows.
 "PNB Housing Finance slips 7% after 10% equity change hands on NSE")
Ashoka Buildcon shares fly over 7% after profit soars 337% in Q2FY25
Ashoka Buildcon share price scaled up to 7.2 per cent at Rs 241.45 per share on the BSE in Wednesday's intraday deals
 "Ashoka Buildcon shares fly over 7% after profit soars 337% in Q2FY25")
BlackBuck IPO opens today: GMP turns flat; should you subscribe or wait?
The three-day subscription window to bid for the BlackBuck IPO, which is set to open today, is expected to conclude on Monday, November 18, 2024
 "BlackBuck IPO opens today: GMP turns flat; should you subscribe or wait?")
What to do with Nifty Energy & FMCG today; Ravi Nathani suggests
Nifty Energy is currently trading near critical support levels, around 37,700 and Nifty FMCG is showing a clear downtrend on the charts, with a key support level anticipated around 55,900
 "What to do with Nifty Energy & FMCG today; Ravi Nathani suggests")
Dividend stocks: Oil India, Page Industries, 13 other to remain in focus
Here is the complete list of stocks that will turn ex-dividend tomorrow, tomorrow, Thursday, November 14, 2024, along with key details
 "Dividend stocks: Oil India, Page Industries, 13 other to remain in focus")
Hero MotoCorp Q2 preview: Net profit may surge up to 11%, revenue by 9% YoY
Domestic brokerages expect Hero MotoCorp to show strong year-on-year (Y-o-Y) growth in revenue and profitability, driven by volume increases, improved realisations, and a favourable product mix
 "Hero MotoCorp Q2 preview: Net profit may surge up to 11%, revenue by 9% YoY")