
Pratiksha Thayil
Pratiksha covers markets and business news at NDTV Profit. She has a keen interest in technology and is always up to discuss interesting books and murder mysteries. When not following news, she is ...
Stories By Pratiksha Thayil
- Stocks To Watch Today: NSE, Bata India, MCX, IEX, M K Sons Fine Jewels, Dabur India & More
Here's a look at stocks that are likely to be in focus during the trading session on Wednesday.
US FAA Team to Audit India's Aviation Safety Oversight From Nov 16-20: ReportThe review will assess the Directorate General of Civil Aviation's (DGCA) ability to effectively oversee aviation safety in line with international standards.
Buy, Sell Or Hold: Eternal, Bharat Dynamics, MRF, ICICI Bank, Granules | Ask ProfitMarket experts shared their insights on fundamentals and technical levels for key stocks.
Hormuz Won't Reopen Till US Meets 7 Conditions: Iran Draws Red Line; Oil Prices Off Day's LowBrent crude was trading near $103.50 a barrel, while West Texas Intermediate (WTI) futures were around $96 a barrel.
Steel Prices Rise: Tata Steel, JSW Steel, SAIL Raise Rates Across Key ProductsThe latest round of increases comes amid higher costs of key raw materials and transportation.
Taming Inflation: SBI Chair Throws Weight Behind 50-Bps Rate Hike In DecemberSetty said SBI has no plans to sell its stake in YES Bank at present. He also said the bank is being selective in its exposure to data centre companies, adding that the portfolio remains relatively small.
Healing Portfolios: Five Pharma Outperformers That Crushed Sectoral Index Since Last DiwaliSeveral developments shaped investor sentiment towards the pharmaceutical sector, including the expiry of the semaglutide patent in India, developments around US drug tariffs and growing opportunities in CDMO.
NSE Q2 Results: Profit Slips 17% As Margin Narrows, Revenue Stays Above Rs 4,000 CroreEarnings before interest, tax, depreciation and amortisation (Ebitda) declined 13.3% to Rs 3,079 crore from Rs 3,551 crore in the previous quarter.
BOBCARD Devaluation: BoB Cuts Complimentary Airport Lounge List To 33Cardholders should check the latest eligible lounge list and the terms applicable to their specific BOBCARD before travelling, as access at a previously eligible airport lounge may no longer be available.
Mahanagar Gas Q2 Results: Profit Plunges 29%; Here's The One Cost That Wiped Out Revenue GainsThe Ebitda margin contracted to 12% from 14.5%, reflecting the pressure on operating profitability.
Stocks To Watch Today: Marico, Concor, ITC, Amara Raja, ideaForge Tech, NALCO, NBCC India & MoreHere's a look at stocks that are likely to be in focus during the trading session on Tuesday.
Stock Market Today: All You Need To Know Before Going Into Trade On November 3Stocks in the news, big brokerage calls of the day, complete trade setup and much more!
- Trade Setup For Nov 3: Nifty Bulls Eye 23,600 Breakout As Oil Reprieve Supports Case For Sustained Rebound
Gift Nifty was trading 0.76% higher at 23,579.50, indicating a positive start for domestic equities.
ITC Q2 Results: Cigarette Earning Slides; Company Bets On New Variants to Counter Smuggled Foreign BrandsThe company also highlighted the impact of weaker domestic cigarette demand on the broader leaf tobacco business.
'Circumstances Have Changed': FM Sitharaman Responds To Demands For Tax Cuts To Curb FPI OutflowsThe Finance Minister added that she recognised the demand for extending to equity investments the kind of support currently available to debt markets.
Amara Raja Q2 Results: Dividend Announced Lowest In 3 Years; Margin And Profit Collapse Spells ConcernConsequently, Ebitda margin contracted to 8.8% from 10.8% in the second quarter, highlighting the disconnect between revenue growth and profitability.
- SEBI Flags High Transaction Costs In Market, Suggests Scrapping Of 12.5% LTCG Tax For FPIs
It has also suggested allowing tax-neutral switching between mutual fund schemes held for more than a year.
Jeffrey Sachs Praises Adani Group's Role In India's Infrastructure Growth, Draws Contrast With US CorporatesSachs argued that American corporations largely operate with a focus on maximising shareholder value, whereas family-led businesses carry a different set of responsibilities and legacy considerations.
India's Stock Market Has A Problem Bigger Than Earnings, Ridham Desai ExplainsHowever, one distinction is that earnings growth in India is spread across a wider range of sectors, whereas growth in several other markets is more concentrated in a smaller number of industries and companies.
Q2 Results Updates: NALCO Profit Dips 8%, Announces Dividend; ITC Profit Falls 20%, Margins ContractA packed earnings day sees companies across FMCG, agri-inputs, logistics, metals, hospitality, healthcare and consumer sectors unveil their September quarter scorecards.