Page 147 - Markets Today
ALERT: Here's why 24,400 is an important support for Nifty bulls
A weekly close below 24,400 shall indicate a significant change in the medium-term trend to bearish, with a risk of sustained fall to near about 23,000 levels on the Nifty 50 index; suggest chart.
 "ALERT: Here's why 24,400 is an important support for Nifty bulls")
Why has Amber Enterprises hit 20% upper circuit in trade today? Details
Amber Enterprises reported a consolidated net profit of Rs 20.96 crore as compared to a loss of Rs 5.65 crore a year ago
 "Why has Amber Enterprises hit 20% upper circuit in trade today? Details")
Paytm shares fly 11% as NPCI allows co to onboard new UPI customers
The surge in Paytm share price came after the company announced that National Payments Corporation of India (NPCI) has granted approval to the company to onboard new UPI users
 "Paytm shares fly 11% as NPCI allows co to onboard new UPI customers")
What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price
Zomato reported a 388 per cent year-on-year rise in second quarter net profit at Rs 176 crore, from Rs 36 crore in the year ago period
 "What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price")
Here's why NBCC (India) share is buzzing in trade on Oct 23; Check details
The rise in the share price came after the State-owned company announced that its arm, HSCC (India) Limited, has secured orders worth Rs 1,322.48 crore
 "Here's why NBCC (India) share is buzzing in trade on Oct 23; Check details")
ITC Q2 preview: Cigarette, hotel, FMCG biz to aid profit; margins may slip
Analysts will monitor the demand outlook on rural as compared to urban, competitive intensity, raw material trends, hotels & agri business outlook
 "ITC Q2 preview: Cigarette, hotel, FMCG biz to aid profit; margins may slip")
Olectra Greentech jumps 6% as September quarter profit more than doubles
Olectra Greentech's profit more than doubled Rs 47.7 crore in the September quarter of FY25, from Rs 18.6 crore in the same quarter a year ago (Q2FY24).
 "Olectra Greentech jumps 6% as September quarter profit more than doubles")
Sonata Software soars 4% on multi-year AI-backed managed services deal win
Sonata Software share rose after the company announced that it has secured a multi-year artificial intelligence (AI)-powered managed services contract from a Fortune 500 manufacturing company
 "Sonata Software soars 4% on multi-year AI-backed managed services deal win")
Nifty futures down 7% thus far in Oct; FIIs remain short, retail bullish
F&O cues for Oct 23: FIIs have been net short in index futures since Oct 10; at present they hold 2 short bets for every long trade; Retail investors' long-short ratio stands at 1.75.
 "Nifty futures down 7% thus far in Oct; FIIs remain short, retail bullish")
RITES up on Rs 454-cr order from K'taka Mining Environment Restoration Corp
The rise in RITES share price came after the company announced that it has secured an order worth Rs 453.99 crore from Karnataka Mining Environment Restoration Corporation
 "RITES up on Rs 454-cr order from K'taka Mining Environment Restoration Corp")
Nifty IT shows bearish signals with room for more corrections; details
The Nifty IT Index has shown signs of weakness, recently experiencing a breakdown on the charts.
 "Nifty IT shows bearish signals with room for more corrections; details")
Market Close Highlights, Oct 22: Sensex crashes 930 pts, Nifty ends below 24,500; all sectors in red
Stock Market Today: Benchmark India equity indices were likely headed for a flat start with a slightly positive bias as indicated by GIFT Nifty futures at 7:10 AM
 "Market Close Highlights, Oct 22: Sensex crashes 930 pts, Nifty ends below 24,500; all sectors in red")
Explained: Why have 360 One WAM shares plunged 8% in trade today?
360 One WAM 's total expenses increased 39.6 per cent Y-o-Y to Rs 299 crore in Q2 FY25 as compared to Rs 214 crore
Jana Small Finance Bank drops 11% after 21% decline in Q2FY25 net profit
Jana Small Finance Bank reported a 21 per cent YoY decline in its Q2FY25 net profit at Rs 96.7 crore, from Rs 122.8 crore in the corresponding quarter of the previous year
 "Jana Small Finance Bank drops 11% after 21% decline in Q2FY25 net profit")
EPACK Durable hits 5% upper limit on manufacturing pact with Hisense India
The rise in EPACK Durable share price came after the company announced that it has entered into a strategic manufacturing alliance with Hisense India
HUL Q2 preview: PAT likely to slip as margins weigh; Revenue to rise 4%
Hindustan Unilever's (HUL) Earnings before interest, tax, depreciation, and amortisation (Ebitda) is likely to remain flat at Rs 3,698.7 crore on an average
 "HUL Q2 preview: PAT likely to slip as margins weigh; Revenue to rise 4%")
BSE Smallcap extends fall, plunges 5% in 4 days; 36 stocks hit 52-week lows
The BSE SmallCap index, the top loser among broader market indices, slipped 1,261 points or 2.3 per cent at 54,387, at 10:30 AM
 "BSE Smallcap extends fall, plunges 5% in 4 days; 36 stocks hit 52-week lows")
Paytm share price slips 5% post Q2FY25 results; Check details
Paytm reported an exceptional item gain of Rs 1,345.4 crore from the sale of its ticketing business to Zomato during the quarter
 "Paytm share price slips 5% post Q2FY25 results; Check details")
Unichem Labs surges 15%, hits record high in weak market on healthy outlook
Ipca is working on enhancing capacity/productivity at Unichem and believes it does not require additional capacity for the next 4-5 years.
 "Unichem Labs surges 15%, hits record high in weak market on healthy outlook")
Here's why Ola Electric shares jumped 4.5% on October 22; reasons here
The rise in the Ola Electric share price came after the company, on Monday, announced that it has resolved approximately 99.1 per cent of the 10,644 complaints received from CCPA
 "Here's why Ola Electric shares jumped 4.5% on October 22; reasons here")