Page 818 - Markets News

Wipro shares gain 5% as Q2 results beat expectations; brokerages divided

In Q2FY25, Wipro reported a consolidated profit attributable to owners of Rs 3,208.8 crore, marking a 6.85 per cent increase quarter-on-quarter (Q-o-Q) from Rs 3,003.2 crore in Q1FY25.

Nifty pivot stands at 24,800, Bank Nifty 51,800; shows F&O data

F&O market update Oct 18: The Nifty options data suggests likely resistance for the index near 24,800 - 25,000, and support between 24,500 - 24,700; says Dupesh Dhameja of SAMCO Securities.

Hyundai Motor India IPO allotment: Check status; GMP shows weak listing

Hyundai Motor IPO Allotment: Hyundai India's shares in the grey market are now trading at a discount of around Rs 30 against the upper end of the IPO price of Rs 1,960

Stocks To Watch: IT stocks, Axis Bank, Bharat Forge, Zomato, CEAT, Tata cos

Stock Market Today: Infosys has raised its sales forecast for FY25 to 3.75-4.5 per cent, reflecting a revival in demand, particularly in banking and financial services.

Market Today: GIFT Nifty sinks, Q2 results, Sinwar killed, Gold tops $2,700

At 6:30 AM, GIFT Nifty Futures were trading about 103 points lower at 24,741, suggesting a gap-down start for Indian markets.

Nandish Shah of HDFC Sec suggests 'Bear Spread' strategy on Bank Nifty

Short build up is seen in the Bank Nifty Futures, where we have seen 6 per cent rise in the open interest with Bank Nifty falling by 1 per cent.

Nifty Metal, FMCG approaching key support levels; trading strategy here

The Nifty Metal Index has been experiencing a downward trend in the near term, as indicated by the recent sharp correction.

QIBs come to rescue of Hyundai India IPO; country's largest IPO booked 2.4x

The IPO received bids for 236 million shares, worth Rs 46,320 crore, as against 99.77 million on offer

Softening rates spur overseas bond issuances of Indian companies

High demand, lower costs drive global fundraising surge

Heavy buying: Record FPI outflows cross $8.5 bn this month, shows data

Previously, record high DII flows for a calendar year were in 2022 when they had pumped in Rs 2.8 trillion, of which Rs 1.86 trillion came from MFs

FPI selling pulls indices down for 3rd straight day; Sensex falls 495 pts

At Rs 71,441 cr, outflows worst-ever for a calendar month

India vs China: How leading brokerages are positioned across Asian equities

India stock market, China news: Indian equity markets, analysts said, are expensive relative to China, which offers a better risk-reward ratio and return potential in the short-to-medium term

Govt gets good retail interest in Cochin Shipyard offer for sale: Dipam

Institutional investors on Wednesday over-subscribed the portion reserved for them. The issue opened for retail investors on Thursday

Exchanges to hold special trading session for holdcos on October 28

Sebi had issued the framework to address the gap at which these holdocs are traded and the intrinsic value of their holdings

NSDL settles depository violation rule case with Sebi; pays Rs 3.12 crore

The Securities and Exchange Board of India (Sebi) received a settlement amount of Rs 3.12 crore from NSDL on October 14

Sensex tanks 495 pts, Nifty at 24,750; Why India stock markets fell today?

Stock market highlights, market news: The BSE Sensex fell below the 81,000-mark intraday, while the NSE Nifty tested 24,700 during the day

Market Close Highlights, Oct 17: Sensex sheds 495 pts, Nifty ends below 24,750; Auto drags, IT leads

Stock Market Today: Notably, Bajaj Auto settled down by as much as 13.11 per cent, while the Nifty Auto index plunged 3.54 per cent on Thursday

This transformer stock surged 55% in 7 days; zoomed 1229% in 18 months

Shares of Indo Tech Transformers hit a new high of Rs 2,507, surging 5 per cent on the BSE in Thursday's intra-day trade in an otherwise weak market on healthy business outlook.

Hyundai Motor India IPO Day 3: Subscription soars 2.28x; QIBs drive demand

The pubclic issue of Hyundai Motor India, which enjoys the second-largest share of the country's passenger vehicle market, is the largest offering in India since LIC went public with a Rs 21,000 crore

Bajaj Auto tanks 12% after Q2; analysts cautious on margin, export outlook

The decline followed a mixed response from both domestic and international brokerages, despite the company delivering strong results in the September quarter (Q2FY25).