Page 8 - Indian Markets

Tata Motors Q2FY25 results: Net profit down 11%, revenue dips 3.5%

The stock fell 1.74 per cent on Friday to Rs 805 per share, as the company missed street estimates, which had projected a net profit of around Rs 5,000 crore

NSE considers launching new products to bolster commodities market

Addressing a media roundtable, he said the NSE is currently focusing on non-agricultural products for trading on its commodity exchange because such products offer greater certainty

BS BFSI Summit: Market gurus say valuations limit near-term upside

BS BFSI Summit: There is limited room for PE multiples to move up and return expectations going ahead have to be moderate, analysts said at the Business Standard BFSI Insight Summit

MSCI Nov rebalancing impact: BSE, Oberoi gain 3%, Alkem Labs down 2%

In the early hours of Thursday, MSCI Inc. announced that it has included Alkem Laboratories, BSE, Kalyan Jewellers India, Oberoi Realty, and Voltas in its MSCI Global Standard Indexes

Shakti Pumps shares hit 5% upper circuit after bagging Rs 116-cr work order

The work order is worth Rs 116.36 crore for the supply, installation, and commissioning of solar water pumping systems. The order has to be completed within 120 days from the date of issue of the work

India's 'high' premium valuations can come with upsides: Market gurus

Market experts share insights into equity market's high valuations, growth prospects, and potential investment returns in conversation with A K Bhattacharya at Business Standard BFSI Insight Summit

Chambal Fertilisers rise 5% despite mixed Q2 results; PAT up 41%, rev slips

On Wednesday, after market hours, Chambal Fertilisers reported its Q2 numbers that showed the company registered a consolidated net profit of Rs 536.36 crore

FDC shares slip 5% after reporting mixed Q2 results; PAT up 3%, margins dip

FDC reported its Q2 numbers that showed the company registered a consolidated net profit of Rs 72 crore as compared to a net profit of Rs 70 crore Y-o-Y

Lulu generates demand for $37 billion, becomes largest IPO in UAE this year

The Lulu IPO received exceptional investor interest and was oversubscribed within just one hour of opening on October 28

Hindustan Zinc share price falls 8% as govt to sell 2.5% stake via OFS

The floor price for the offer for sale is fixed at Rs 505 per share. The two-day OFS opens for institutional bidders today and for retail investors on Thursday

Food delivery major Swiggy raises Rs 5,085 crore from anchor investors

Anchor allotments are made to marquee investors a day before the IPO to instil confidence and provide cues to other investors

Blood on D-St: Why Nifty dropped below 24,000, Sensex fell 942 pts today?

FII selling, US elections, muted Q2 earnings and other factors are among the top reasons why Indian benchmark indices are trading with deep cuts today

MOIL shares decline 4% after revising prices of manganese ore & EMD

MOIL has reduced the prices of all Ferro grades of manganese ore with a Manganese content of Mn-44 per cent and by 7 per cent

PB Fintech's PAT likely to rise 110% QoQ, margins to improve, say analysts

Analysts and investors will keep an eye on management's commentary around recent decisions to foray into healthcare

Equity investors become poorer by Rs 7.37 trillion as markets tumble

Investors' wealth eroded by Rs 7.37 lakh crore on Monday morning, as the equity markets fell sharply with the BSE Sensex tumbling 1,192 points. Markets were dragged down by Reliance Industries and unabated selling by foreign investors. Investors also turned cautious ahead of the US presidential elections and Federal Reserve interest rate decision scheduled to be announced later this week. The BSE benchmark tanked 1,192 points to 78,532.12 during the morning trade. In-line with a weak trend in equities, the market capitalisation of BSE-listed firms eroded by Rs 7,37,744.54 crore to Rs 4,40,72,863.01 crore (USD 5.24 trillion). From the 30-share Sensex pack, Sun Pharma, NTPC, Reliance Industries, Adani Ports, Power Grid, Tata Motors, Titan and Tata Steel were among the major laggards. Mahindra & Mahindra, Tech Mahindra, HCL Technologies and IndusInd Bank were the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 211.93 crore on Friday, according to exchange

Nifty may consolidate between 22,000 and 26,000, says Rahul Arora

Rahul Arora, CEO for institutional equities at Nirmal Bang, tells that, with earnings disappointments in India, foreign flows may not return immediately

Chasing the big fish: MFs cast their lines for record October catch

A haul of Rs 87,000 crore nearly doubles previous record, reeling in a lifeline for stability

Muhurat Trading Highlights: Sensex closes 300 pts higher at 79,700 in Samvat 2081's first session

Muhurat Trading Highlights: Benchmark Indian equity indices BSE Sensex and Nifty 50 ended the Muhurat trading session 2024, the first trading session of Samvat 2081, on a positive note

Unnerved by volatility? Trim mid, small and sector fund exposure

Foreign institutional investor outflows from India in October exceeded Rs 1 lakh crore, a level not seen even during Covid.

Muhurat Trading 2024: Know date, time to trade on NSE, BSE today

Muhurat Trading 2024 is considered an auspicious time to make investments by investors and traders