Page 40 - Indian Stock Markets

JSW Infrastructure surges 4% on allotting commercial paper of Rs 1,000 cr

The uptick in JSW Infrastructure share price came after the company announced that it has issued and allotted Commercial Paper aggregating to an amount of Rs 1,000 crore.

Stocks to Watch: TCS, Tata Elxsi, NBCC, Zydus Lifesciences, JSW Steel

Stock Market Today: TCS reported a net profit of Rs 11,909 crore for Q2FY25, up 5 per cent year-on-year but down 1.08 per cent sequentially.

IREDA share price up 3% as Q2 profit climbs 36% YoY; details here

The state-owned company, on Thursday, reported a 36 per cent rise in profit after tax, reaching Rs 387.7 crore for the September quarter (Q2FY25), compared to Rs 284.7 crore in Q2FY24

Tata Elxsi share gains 3% on healthy Q2 results; profit jumps 25% QoQ

The rise in Tata Elxsi share price came after the company reported a healthy set of September quarter (Q2FY25) results.

Silver strategy: Buy the dips; support at Rs 87,500, resistance at 91,500

Surging US Dollar Index and tumbling bond prices are acting as headwinds for the metal as the US rate cut pace has become somewhat uncertain in the short term. Dip buying is preferred.

Bernstein quants downgrade Indian stocks, predict further upside for China

The quant strategists lowered their call on India to underweight from neutral, citing expectations for continued foreign outflows and weak earnings

Market Close Highlights, Oct 10: Sensex adds 144 pts, Nifty nears 25,000; Banking shares shine

Stock Market Close Highlights, Oct 10, 2024: Kotak Mahindra Bank, JSW Steel, HDFC Bank, Bharat Electronics, and IndusInd Bank were among the 23 constituent stocks of the Nifty50 that ended in the gree

CreditAccess Grameen share price hit 52-wk low on weak Q2 disbursements

The fall in CreditAccess Grameen share price came after the company's disbursements dropped 19% annually to Rs 4,004 cr in Q2FY25, from Rs 4,966 crore in Q2FY24.

Ashoka Buildcon up 5% as JV emerges lowest bidder for order of Rs 1,668 cr

The rise in the share price came after the company announced that its joint venture (JV) has emerged as the lowest bidder for a project of Rs 1,667.78 crore from CIDCO

GTPL Hathway share price drops 4% after Q2 profit plunges 63% YoY

The fall in GTPL Hathway share price came after the company reported a weak set of September quarter (Q2FY25) results.

Here's why Ola Electric share was down over 3% on October 10; reasons here

Ola Electric's share price declined following a request from the Ministry of Heavy Industries (MHI) to the ARAI for its assessment of the increasing number of consumer complaints against the company.

PNC Infratech emerges lowest bidder for project of Rs 2091-cr; shares up 7%

The PNC Infratech share soared after the company announced that it has been declared at the lowest bidder for a project of Rs 2,090.59 crore from CIDCO

Market Close Highlights, Oct 9: Sensex sheds 167pts, Nifty nears 25k; RBI MPC holds rates at 6.5%

Stock Market Today: GIFT Nifty futures indicated a slightly positive bias for markets at open today.

Time to think contrarian in market; pick quality over value: Nimesh Chandan

Investors are switching to sectors with strong earnings visibility. We have changed our portfolio towards high allocation to large-cap, says Nimesh Chandan, CIO, Bajaj Finserv Asset Management

Varun Beverages share rises 3% as board approves QIP of Rs 7,500 crore

Varun Beverages share price gained after the company said that its board has approved raising of funds up to Rs 7,500 crore through Qualified Institutions Placement (QIP).

Kalpataru Projects to sell Vindhyachal Expressway for Rs 775 cr; shares up

Kalpataru Projects share rose after the company entered into a definitive agreement for sale of its entire 100% stake in Vindhyachal Expressway, a WOS, to Actis Atlantic for an est EV of Rs 775 crore.

Auto, Bank, Realty: Trading strategies in rate sensitive post RBI policy

The Nifty Bank, Nifty PSU Bank indices are likely to extend the pullback in the near-term; Auto index too seems favourably placed, while the Realty index remains on weak ground, shows technical charts

Here's why IRFC share price was buzzing in trade on October 09; details

The Board has also approved the appointment of Ajoy Choudhury as Chief Risk Officer on fixed tenure basis for two years.

IRB Infra September toll collection jumps 19% YoY; share price up 3%

The uptick in IRB Infrastructure Developers share came on the back of strong toll revenue collection in September 2024.

SBI is Nomura's top pick, says PSB well set to deliver on asset quality

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.