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Markets At Close: Nifty, Sensex Consolidate
Nifty erases gains from days high and remains flat
Top Nifty gainers include Asian paints and Hindalco
Eternal , Mahindra and mahindra and ONGC feel the most in Nifty 50
Broader market indices end on flat note
Nifty midcap 150 gains led by Ashok leyland and berger paints
Nifty smallcap 250 gains led by Data patterns and Valor estate
All sector indices end on mixed note
Nifty pharma emerged as top sectoral gainer, gains led by Biocon and granules
Nifty PSU bank remained the top sectoral loser dragged by Union bank and bank of India
Nifty oil and gas snaps four day gaining streak
Nifty auto snaps five day gaining streak
Nifty bank gains for fifth day in a row
Nifty realty snaps six day losing streak
Nifty energy snaps three day gaining streak
Nifty IT snaps three day gaining streak
Rupee Closes Weaker Against US Dollar
Rupee closed 3 paise weaker at 88.67 against US Dollar
It closed at 88.64 a dollar on Wednesday
Source: Bloomberg
Q2 Earnings LIVE: Shilpa Medicare Share Price Rises As Profit Doubles
Shilpa Medicare Q2 Highlights (Consolidated, YoY)
Revenue grew by 7.6% at Rs 370 crore versus Rs 344 crore.
Ebitda saw sharp growth of 25.9% at Rs 108 crore versus Rs 86 crore.
Margin expanded strongly to 29.3% versus 25%.
Net Profit more than doubled to Rs 44 crore versus Rs 17.9 crore.
Stock Market LIVE: Refex Industries Gets Rs 29.8-Crore Order
Refex Industries received Rs 29.8-crore order for transportation of Pond Ash, the company said in the exchange filing.
Stock Market LIVE: Yatharth Hospitals Share Price Swings Post Q2 Results
Yatharth Hospitals Q2 Earnings Key Highlights (Consolidated, YoY)
Net Profit rose 33.3% to Rs 41.2 crore versus Rs 30.9 crore
Revenue rose 28.3% to Rs 279 crore versus Rs 218 crore
Ebitda rose 18.3% to Rs 64.5 crore versus Rs 54.5 crore
Margin at 23.1% versus 25%
Get faster updates on second-quarter earnings here.
Stock Market Today: BPCL Not Buying Russian Oil Anymore
Bharat Petroleum Corp is not buying oil from Russia, Bloomberg reported, citing senior executives. Meanwhile, BPCL will increase oil purches from Saudi Aramco.
Ashok Leyland Expects GST 2.0 And These Factors To Boost Second Half Growth — Details Inside
Ashok Leyland Ltd. is expecting better growth in the second half of the financial year 2026 compared to the first half, said Managing Director and CEO Shenu Agarwal.
In the second half of the financial year 2026, other than the GST 2.0's impact, there would be additional factors like increased activity in the infrastructure sector, more government capex setting the ground to support growth, Agarwal said in an interview to NDTV Profit.
Q2 Earnings LIVE: Infibeam Avenues Share Price Rises As Net Profit Rises
Infibeam Avenues Q2 Highlights (Cons, YoY)
Revenue up 93.3% at Rs 1,965 crore versus Rs 1,017 crore
EBITDA up 22.8% at Rs 96.3 crore versus Rs 78.4 crore
Margin at 4.9% versus 7.7%
Net Profit up 51.1% at Rs 66.5 crore versus Rs 44 crore
Transrail Lighting Eyes Double-Digit Margin In FY26: CEO 'Confident' Of Beating 25% Revenue Target
Transrail Lighting, a key player in India's power transmission and distribution sector, expects strong revenue growth and double-digit Ebitda margins in FY26. According to Randeep Narang, Managing Director (MD) and Chief Executive Officer (CEO), the company is on track to surpass its 25% revenue growth target in FY26.
Stock Market LIVE: Alembic Pharma Gets US FDA Nod For A Drug That Treats Stomach Acid
Alembic Pharma received the US Food and Drug Administration approval for the Dexlansoprazole Capsules, which are used to treat acidic conditions in stomach, the company said in the exchange filing.
IPO News: Advent Hotels International Debuts At Rs 313 On NSE Post Valor Estate Demerger
Shares of Advent Hotels International Ltd. made their market debut on Thursday, listing at Rs 313 on the NSE and Rs 310 on the BSE, following its successful demerger from Valor Estate (formerly DB Realty). The stock opened with a market capitalisation of around Rs 1,688 crore.
Stock Market LIVE: Lodha Developers Will Raise Rs 250 Crore Via NCDs
Lodha Developers will raise Rs 250 crore via non-convertible debentures on a private placement basis, the company said in an exchange filing.
Stock Market LIVE: RateGain Travel Tech Partners With Tigerair Taiwan
RateGain Travel Technologies partnered with Tigerair Taiwan to strengthen pricing intelligence across key Asian markets, the company said in the exchange filing.
Stock Market LIVE: Nifty Bank Rises To Fresh High As
The NSE Nifty Bank index advanced 0.56% to a fresh high of 58,578.65. IndusInd Bank Ltd., ICICI Bank Ltd., and Axis Bank Ltd. shares were top leaders in the NSE Nifty Bank index.
Strong growth in credit and deposits was seen in the July–September. Asset quality improvement is continuing across banks. Proftibality metrics of most lenders surprised the street.
Stock Market LIVE: MamaEarth Parent Honasa Consumer's Share Price Shoots 9% As Co Swings To Profit In Q2
Shares of Honasa Consumer Ltd. surged in trade on Thursday, after the MamaEarth parent reported a consolidated bottom-line of Rs 39.2 crore compared to a loss of Rs 18.5 crore in the same quarter last year.
Revenue also saw an uptick, growing 16.5% to Rs 538 crore as against Rs 462 crore in the year-ago period.
Stock Market LIVE: Groww Share Price Extends Rally After Bumper Listing
Groww-parent Billionbrains Garage Ventures Ltd. share price extends gains on Thursday as it jumps 5% after strong stock market debut.
The scrip rose as much as 4.65% to Rs 137.44 apiece on Thursday. It pared gains to trade 2.34% higher at Rs 134.40 apiece, as of 10:06 a.m. This compares to a 0.01% advance in the NSE Nifty 50 Index.
Stock Market LIVE: Tata Steel, Vedanta In Focus As Metal Stocks Surge
The NSE Nifty Metal index advanced as Tata Steel Ltd. Vedanta Ltd., and Hindalco Industries Ltd. share prices led. Most stocks in the NSE Nifty Metal index were trading in green on improved sentiment for these stocks because of multiple positive triggers.
Stock Market LIVE: Asian Paints Shares Rise 5% After Brokerages Hike Target Price
Asian Paints Ltd. on Thursday rose 4.6% after it delivered a strong September-quarter performance, with broad-based growth and sharp margin gains, prompting most brokerages to raise price targets.
The company's consolidated net profit surged 43% to Rs 994 crore in the July-September quarter, compared to Rs 695 crore in the corresponding quarter last year. The bottomline beat the Bloomberg consensus estimate of Rs 887 crore.
Asian Paints Ltd. on Thursday rose 4.6% after it delivered a strong September-quarter performance, with broad-based growth and sharp margin gains, prompting most brokerages to raise price targets. The company's consolidated net profit surged 43% to Rs 994 crore in the July-September quarter, compared to Rs 695 crore in the corresponding quarter last year. The bottomline beat the Bloomberg consensus estimate of Rs 887 crore.Sectoral Performance At Open: Nifty Realty Leads Gains
Nifty Detractors: HDFC Bank, L&T, M&M Shares Weigh
Markets At Open: Nifty, Sensex Fall After Muted Open As HDFC Bank, L&T, M&M Shares Weigh
The NSE Nifty 50 and BSE Sensex fell after a muted open as HDFC Bank Ltd., Larsen & Toubro Ltd., and Mahindra & Mahindra Ltd. shares weighed. The indices were trading 0.22% and 0.13% down, respectively as of 9:22 a.m.
LIVE: Yield On 10-Year Bond Opens Flat
The yield on the 10-year bond opened flat at 6.47%
Source: Bloomberg
LIVE: Rupee Opens Slightly Weaker Against US Dollar
Rupee opened 2 paise weaker at 88.66 against US Dollar
It closed at 88.64 a dollar on Wednesday
Source: Bloomberg
Experts' View: Nifty Expected To Maintain Bullish Momentum In Near Term
"Nifty index is well placed on multiple time frames above its long term as well as short term moving averages. Going ahead, we uphold our bullish view on Nifty index intact and expect it to test 26,100 spot levels in near term. Cross and sustenance above 26,100 spot levels will further strengthen up the bullish sentiments. Hence, we suggest traders to maintain buy on dips trading approach till it is holding above 25,450-25,300 spot zone on closing basis."Vipin Kumar, Assistant Vice President, Technical and Derivatives, Research at Globe Capital Market
"The near-term outlook for domestic equities remains constructive, with the Nifty 50 eyeing the 26,000 mark, supported by sustained buying interest across IT, auto, financials and consumer sectors. On the macro front, October CPI inflation eased to 0.25%, reinforcing expectations of at least one more repo rate cut by the Reserve Bank of India in the upcoming monetary policy review. Investor sentiment is further buoyed by optimism surrounding a potential India–U.S. trade agreement and growing expectations of the U.S. Federal Reserve rate cuts amid signs of softening economic activity."Ponmudi R, CEO, Enrich Money
Stock Market LIVE: Jefferies's New Target Price For Honasa Consumer Indicates 58% Upside Potential
Jefferies hiked the target price for Mamaearth's parent Honasa Consumer Ltd. as the business consolidation phase is over. The new target price for the stock indicated 58% upside potential from Wednesday's close price.
Jefferies maintained a 'Buy' rating and hiked the target price to Rs 450 from Rs 400 apiece earlier.
Asia Markets LIVE: Japan's Nikkei 225 Recovers; Markets Trade Mixed
Japan's benchmark index the Nikkei 225 recovered after opening on a weak note. The focus in on the country's currency, the yen after Japan's Finance Minister Satsuki Katayama issued a fresh earning currency movement.
The Nikkei 225 and TOPIX were trading 0.22% and 0.66% higher, respectively as of 7:35 a.m.
Markets across Asia showed a mixed trend as traders wait for the government shutdown in the US to end so more economic data can come out which will provide cues about the US Federal Reserve's policy outlook.
The Hang Seng was 0.15% down and the KOSPI was 0.02% down.
LIVE: GIFT Nifty Hints At Slightly Lower Open; Honasa Consumer, IGL, Ramkrishna Forgings In Focus
The GIFT Nifty was trading 0.02% or 5 points higher at 2as of 6:36 a.m. This indicated a muted open for the NSE Nifty 50 index. Most markets in Asia were trading higher in early trade on Thursday, which may lend some support.
Traders will keep an eye on Honasa Consumer Ltd., Indraprastha Gas Ltd., Ramkrishna Forgings Ltd., Man Infraconstruction Ltd., Gujarat Narmada Valley Fertilizers Ltd. shares because these companies released their second-quarter result post market hours on Wednesday.
The NSE Nifty index ended in green, above the important mark of 25,650. Gains in the index were led by InterGlobe Aviation Ltd. and Mahindra & Mahindra Ltd.
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