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Markets At Close: Nifty, Sensex Settle Off Day's Lows
Nifty ends in red, down almost a percent
Nifty fell for second consecutive week
Hindalco & Grasim fell the most in Nifty
Nifty Midcap 150 ends flat
Nifty smallcap 250 down over 1.5%, Netweb tech & Zensar tech fell most
Nifty media fell the most this week, Saregama India & Tips music fell the most
Nifty PSU bank was top sectoral gainer this week, Gains by Bank of Baroda & Bank of India
Nifty PSU bank gains for third consecutive week
Nifty Oil & gas gain for 6th consecutive week
Nifty Realty & Energy snaps 5 weeks gaining streak
Nifty auto falls for third consecutive week
Nifty IT & Nifty Media falls for second consecutive week
Nifty FMCG falls for 3rd consecutive week
Q2 Earnings LIVE: AIA Engineering Reports Increase In Profit
AIA Engineering Q2 Highlights (Consolidated, QoQ)
Revenue up 0.3% to Rs 1,048 crore versus Rs 1,044 crore
Net Profit up 8.1% to Rs 277 crore versus Rs 257 crore
Ebitda up 7.7% to Rs 297 crore versus Rs 276 crore
Margin at 28.3% versus 26.4%
Sectoral Performance: Nifty Metal Index Leads Gains
On National Stock Exchange, six sectoral indices advanced, eight sectoral indices declined and one remained flat out of 15. The NSE Nifty Metal index is leading the rally among sectoral indices.
Stock Market LIVE: Aegis Vopak Will Raise Upto Rs 660 Crore Via NCDs
Aegis Vopak Terminals Ltd. will raise up to Rs 660 crore via non-convertible debentures on a private placement basis, the company said in the exchange filing.
Q2 Earnings LIVE: Shyam Metalics Share Price Rises Following Topline Growth
Shyam Metalics Q2 Earnings Key Highlights (Consolidated, QoQ)
Net Profit fell 10.4% to 262 crore versus Rs 292 crore
Revenue rose 0.9% to Rs 4,457 crore versus Rs 4,419 crore
Ebitda fell 6.9% to Rs 539 crore versus Rs 580 crore
Margin at 12.1% versus 13.1%
Stock Market News: Alembic Pharma Gets US FDA Approval For Dasatinib Tablets
Alembic Pharmaceuticals Ltd. received the US Food and Drug Administration's approval for Dasatinib tablets. These tablets are indicated for the treatment for Leukemia in adults, the company said in the exchange filing.
Stock Market LIVE: TeamLease Services Buys Additional 10% Stake In Arm TSR Darashaw HR Services
TeamLease Services bought additional 10% stake in arm TSR Darashaw HR Services. It became the company's wholly-owned subsidiary post acquisition.
Q2 Earnings LIVE: Divi's Labs Share Price Falls Sharply Despite Reporting Increase In Profit
Divi's Laboratories Q2 Highlights (Consolidated, YoY)
Revenue up 16.1% to Rs 2,715.00 crore versus Rs 2,338.00 crore
Net Profit up 35% to Rs 689.00 crore versus Rs 510.00 crore
Ebitda up 24% to Rs 888.00 crore versus Rs 716.00 crore
Margin at 32.7% versus 30.6%
Track faster updates on Q2 earnings here.
IPO News: Piramal Finance Relists On Stock Exchanges At 12% Premium
Diversified NBFC Piramal Enterprises, which in September 2025 delisted and merged with Piramal Finance - a wholly owned subsidiary and has relisted on the stock exchanges on Friday as Piramal Finance.
The shares debuted at 12% premium at Rs 1,260 per share on the NSE in comparison to discovered price of Rs 1,124.20. However, as of 10:50 a.m. it was trading 17.59% higher at Rs 1,321.80 on the NSE and on the BSE it was trading 4.02% higher at Rs 1,321.
Stock Market LIVE: Railtel Corp Gets Order Worth Rs 65.7 Crore From Gujarat Education Department
Raitel Corp received orders worth Rs 65.7 crore from Gujarat Education Department for 'Sarv Shiksha Abhiyan', the company said in the exchange filing.
Stock Market LIVE: BEL Share Price Erases Losses As It Get Rs 6,650-Crore Order
Bharat Electronics Ltd. share price erased losses as the company received Rs 6,650 crore order.
October Auto Sales Hit Record 40.2 Lakh Units On Festive Demand, GST Cuts; Two-Wheelers Lead: FADA
India’s retail vehicle sales rose 40.5% year-on-year in October to a record 40.2 lakh units, led by a sharp rise in two-wheeler demand, data from the Federation of Automobile Dealers Associations (FADA) showed. The surge was driven by festive demand, the rollout of GST 2.0, and stronger rural spending.
Two-wheeler sales rose 51.8% to 31.5 lakh units, passenger vehicles grew 11.4% to 5.57 lakh units, FADA said on Friday, adding that commercial vehicles were up 17.7% to 1.08 lakh units, tractor sales rose 14.2% to 73,577 units, and three-wheeler sales increased 5.4% to 1.30 lakh units.
IPO News: Studds Accessories Shares Debut At 3% Discount Over IPO Price
Studds Accessories Ltd. listed on the National Stock Exchange on Friday at Rs 565 apiece, a discount of 3.42% over its issue price of Rs 585 apiece.
On the BSE, the stock debuted at Rs 570, a 2.56% discount.
Broader Markets At Open: Nifty Mdicap 150 And Nifty Smallcap 250 Underperform Benchmark Indices
The NSE Nifty Midcap 150 and the NSE Smallcap 250 underperformed the NSE Nifty 50 and BSE Sensex indices at open.
So far in the day, the indices fell as much as 0.96% and 1.36% down, respectively.
Samvardhana Motherson International Ltd., Bharti Hexacom Ltd., Amber Enterprises Ltd., Mtar Technologies Ltd. were the worst performers in the broader markets.
Stock Market LIVE: Nifty Metal Falls As Tata Steel, JSW Steel Shares Weigh
The NSE Nifty Metal index fell 0.94% to 10,184.95 as JSW Steel Ltd. and Tata Steel Ltd. shares weighed.
The Government levied provisional safeguard duty of 12% for 200 days, which expired on Thursday. Domestic steel prices are still at September level, Nuvama said.
The Ministry of Finance is yet to give go ahead on 12% safeguard duty.
Stock Market Today: Nifty IT Falls Over 1%
The NSE Nifty IT index fell 1.67% to 34,769.25. Coforge Ltd., LTIMindtree Ltd., and Persistent Systems Ltd. shares declined the most.
Sectoral Performance At Open: Nifty IT Leads Losses
Nifty Detractors: Airtel, HDFC Bank, Tata Consultancy Services Weigh
Markets At Open: Nifty, Sensex Extend Losses
The NSE Nifty 50 and BSE Sensex extended losses at open as Bharti Airtel Ltd. and HDFC Bank Ltd. shares weighed. The indices were trading 0.51% and 0.58% down, respectively as of 9:20 a.m.
Lenskart IPO Listing Date And Latest GMP Ahead Of Market Debut Next Week
IPO listing of Lenskart Solutions Ltd. will be in focus as investors await the company's debut on the stock market.
Despite the Lenskart Solutions IPO closing with an overwhelming 28.27 times subscription, the Grey Market Premium (GMP), an unofficial barometer of listing expectations, has slid sharply from a high of Rs 95 to just Rs 34. This significant volatility in the unlisted market, which now suggests a modest listing gain of around 8.46% over the Rs 402 price band, reflects a cautious sentiment among traders, who may be pricing in concerns over the company's rich valuation ahead of its market debut on November 10.
Citi Research Projects Over 50% Upside Potential For LIC Despite Slashing Target Price
Citi Research slashed Life Insurance Corp's target price despite the company reporting strong numbers for the July–September. It reduced the target price to Rs 1,354 from Rs 1,370 apiece. The current target price implies a 51% upside potential from Thursday's close price.
The brokerage maintained a buy rating on the stock. It will monitor market share stabilisation in individual annualised premium equivalent for any re-rating.
Gold Price Advances To Rs 1,21,090 Levels
Gold prices in India stood at Rs 121,090 on Friday. Gold held steady as traders assessed remarks from Federal Reserve officials alongside data revealing a sharp slowdown in the US labor market, heightening expectations for lower interest rates.
IPO News: Shares Of Studds Accessories To Debut On Dalal Street Today
Shares of Studds Accessories Ltd. will be in focus as investors await the debut of the helmet manufacturer on the stock market on Friday, November 7.
The initial public offering (IPO) of Studds Accessories, which opened for subscription on Thursday, October 30, closed on Monday, November 3 with a robust response from investors. The mainboard offer was booked over 73 times on Monday, with investors bidding for 39,92,36,150 shares against the 54,50,284 on offer.
Asia Markets LIVE: Japan's Nikkei 225 And South Korea's KOSPI Fall
Markets in most regions in Asia declined early trade Friday mirroring overnight moves on Wall Street. US stock indices declined on weak job data and concern over artificial intelligence stocks' valuation.
The Nikkei 225 and KOSPI were trading 1.90% and 1.29% down, respectively as of 7:18 a.m.
LIVE: GIFT Nifty Hints At Negative Open; Bajaj Housing, Triveni Engineering, HCC Shares In Focus
The GIFT Nifty was trading 0.11% or 28.50 points lower at 25,511 as of 6:56 a.m., which implied a slight lower open for the benchmark index.
Bajaj Housing Finance Ltd., Triveni Engineering Ltd., HCC Ltd., Mankind Pharma Ltd., NHPC Ltd., ABB India Ltd. shares will likely be in focus for second-quarter earnings.
The NSE Nifty 50 and BSE Sensex declined for a second session as Grasim Industries Ltd. and Hindalco Industries Ltd. shares weighed. The indices closed 0.34% and 0.18% down, respectively at close.
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