Page 14 - Stock Market Today

Markets snap five-day losing streak as geopolitical tensions ease

ICICI Bank propels Sensex to best session in a month

Israel strike on Iran may add to market woes; oil prices remain key

Experts said positive thing from the markets was Iran downplaying the attack by Israel, which was limited to missile and air defence sites and avoided nuclear, oil, and civilian infrastructure sites

Strong India biz growth to drive gains for Godrej Consumer Products

India revenue grew 6 per cent Y-o-Y with 7 per cent volume growth. Home Care had 12 per cent growth

Going downhill: IndusInd Bank shares decline 19%, most in 4 years

Analysts believe stock will remain under pressure in near term

Cut in FY25 estimates likely to keep SBI Life stock under pressure

In Q2FY25, net profit grew 39 per cent Y-o-Y to Rs 530 crore and for H1FY25, it grew 38 per cent Y-o-Y to Rs 1,050 crore. The ULIP share in total APE increased to 65 per cent in Q2FY25

Tata Communications needs to grow digital portfolio faster to meet targets

Weak Q2 show that led to recent weakness in stock price likely to weigh on near-term outlook

Growth trajectory to aid higher valuations for Persistent Systems

The company continues to outpace the industry. Healthcare, and banking, financial services and insurance (BFSI) were the two verticals contributing to growth

Capacity expansion may drive gains for CG Power and Industrial Systems

Management expects power transformer capacity to reach 35k MVA by March 2025 and shared plans to take it to 40k MVA

Margin pressure ahead as city gas distribution majors continue to struggle

Given the weak demand, and lower price arbitrage versus petrol/ diesel, and upcoming Assembly elections, price increases will be gradual, hitting margins across H2FY25

Foreign portfolio investor exodus: Financial sector bears the brunt

The velocity of the selling was so high that barely any sector was spared. However, metals and utilities still managed marginal inflows

Bajaj Auto shares hit by mixed Q2 results, weak festive season outlook

Stock slumps over 13% on weak Q2 results, subdued festive demand outlook

Margin pressure clouds near-term outlook for L&T Technology's stock

Management maintains FY25 guidance of 8-10 per cent revenue growth in CC, which implies a steep growth rate of 4.5-7 per cent growth per quarter in H2FY25

HDFC Asset Management Company valuations ride on high growth expectations

Strong equity markets and strong inflows have led to a higher share of equity in QAAUM to 65.7 per cent up 810bps Y-o-Y and 140bps Q-o-Q

Concor's growth route detours as demand dips due to weak exim volumes

Competitive pressures add to logistics firm's demand woes

Asian markets decline as chip stocks fall, China remains in focus

The euro loitered around two month lows and last fetched $1.0887 in early trading ahead of the European Central Bank's policy meeting on Thursday, where the central bank is largely expected to cut

Most Asian shares track Wall Street higher, oil extends 3% losses

China accounted for the bulk of the 2024 downgrade by OPEC, as it trimmed its growth forecast for the country to 580,000 barrels per day (bpd) from 650,000 bpd

FPI investment in Indian debt market sees change of fortune in October

Rs 2,798 cr of sales so far in Oct; 1st net outflow since April

Order pipeline, margin gains positive for Larsen & Toubro's stock

The brokerage believes that the order book would grow at 12 per cent CAGR over FY24-27

Stock exchanges await Sebi approval to add new stocks to F&O segment

Sources reveal that exchanges submitted a list featuring 40 net additions

Demand-supply mismatch a sign of imbalance: Sebi WTM Ananth Narayan

Low risk, high returns can create complacency; market not a one-way street, warns Ananth Narayan