Page 29 - Nse Nifty50 Benchmark Index
Birlasoft shares tank 7% on weak operational performance; analysts weigh in
The drop in Birlasoft share price on the back of weak operational performance in the September quarter of FY25 (Q2FY25)
 "Birlasoft shares tank 7% on weak operational performance; analysts weigh in")
KEC International stock price gains 3% on securing orders of Rs 1,142 crore
The stock of KEC International rose after the company announced that it has secured orders worth Rs 1,142 crore
 "KEC International stock price gains 3% on securing orders of Rs 1,142 crore")
Nifty Pvt Bank, Auto indices: Check resistance, support & other key levels
The Nifty Private Banks Index is currently experiencing a downward trend, supported by short-term moving averages, all of which are sloping downwards
 "Nifty Pvt Bank, Auto indices: Check resistance, support & other key levels")
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")
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")
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).
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")
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")
Market Today: HUL Q2, Gold at record, IMF on India, Waaree IPO last day
On October 22, foreign institutional investors continued their selling spree, offloading shares worth Rs 3,978.61 crore, while domestic institutional investors bought shares totaling Rs 5,869.06 crore
 "Market Today: HUL Q2, Gold at record, IMF on India, Waaree IPO last day")
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")
Chandan Taparia of MOFSL recommends buying these two stocks today
City Union Bank stock opened with a gap up and sustained its bullish strength which suggests strong bullish sentiment.
 "Chandan Taparia of MOFSL recommends buying these two stocks today")
Vinay Rajani of HDFC Sec suggests selling Infy Oct Fut, Kotak Bank Oct Fut
Nifty has started forming lower tops and lower bottoms on the daily chart. Nifty also closed below the previous swing low of 24567, which could drag the index to the lower levels
 "Vinay Rajani of HDFC Sec suggests selling Infy Oct Fut, Kotak Bank Oct Fut")
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
Adani Enterprises share price hits over 4-month low; down 9% in 1 week
Shares of Adani Enterprises were down 3% to Rs 2,837.70 in Tuesday's intra-day trade, falling below its QIP issue price of Rs 2,962 per share
 "Adani Enterprises share price hits over 4-month low; down 9% in 1 week")
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")
Sona BLW Precision shares rise over 2% on inaugurating new plant in Manesar
The uptick in Sona BLW share price came after the company announced that it has inaugurated its new plant in Manesar, Haryana
City Union Bank zooms 13% on healthy Q2 performance; brokerages upbeat
The lender's Net Interest Income (NII), which is the difference between interest earned and interest expended, soared 8.2 per cent annually to Rs 582.5 crore in Q2FY25, from Rs 538.4 crore in Q2FY24
 "City Union Bank zooms 13% on healthy Q2 performance; brokerages upbeat")
UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary
UltraTech Cement's consolidated profit dropped 36 per cent year-on-year (Y-o-Y) to Rs 825 crore in the September quarter of FY25, from Rs 1,280 crore in the September quarter of FY24.
 "UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary")
MRO-Tek Realty gains 5% on acquiring land parcel in North Goa; details here
The surge in MRO-Tek share price came after the company announced that it has secured a land parcel in Candolim, North Goa, marking a major step in its strategic expansion into the real estate sector
 "MRO-Tek Realty gains 5% on acquiring land parcel in North Goa; details here")