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Stock Market LIVE: GIFT Nifty Implies Higher Open; Godrej Ind, Zaggle Prepaid, Tata Power Shares In Focus

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<div class="paragraphs"><p>The NSE Nifty 50 and BSE Sensex will probably extend gains to a third session on Wednesday. (Photo: Freepik)</p></div>
The NSE Nifty 50 and BSE Sensex will probably extend gains to a third session on Wednesday. (Photo: Freepik)
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Good morning, welcome to the NDTV Profit's blog for real-time market coverage. The NSE Nifty 50 and BSE Sensex are expected to open higher as the risk-on sentiment will likely get a boost after US and India both sounded hopeful of reaching a deal soon. Asian markets mostly gained in early trading, which will also support the benchmark indices. The NSE Nifty 50 will get support at 25,600 and face resistance at 25,800.
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Tata Motors To Get Share Allocation Of New Commercial Vehicle Entity

Tata Motors had informed that shareholders would receive shares of the new commercial vehicles entity in a 1:1 ratio, based on holdings as of the record date, Oct. 14, 2025.

So far, shares have already been credited to investors’ Demat accounts, though they remained inactive pending the listing. The upcoming listing will enable trading to begin on the exchanges.

Track live updates here.


Stock Market LIVE: Gold Price Declines Near Rs 1,24,400 Levels

Gold prices in India declined to Rs 1,24,380 on Wednesday, consolidating after the three days rise.

The metal held gains after it saw its biggest daily jump since May in the previous session, trading around $4,140 an ounce. Gold remains on course for its strongest annual gain since 1979, having reached a series of record highs before retreating last month. US rate cuts have underpinned prices, which have also been buoyed by inflows into bullion-backed exchange-traded funds and sustained central bank buying.

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Gold Price Declines Near Rs 1,24,400 Levels — Check Rates In Delhi, Mumbai And Other Cities

Bharat Forge Q2 Review: Brokerages Stay Cautious Despite Strong Quarter

Shares of Bharat Forge Ltd. are in focus on Wednesday's trade, after the company reported strong financials for the September quarter.

The defence major's profit rose 23% to Rs 299.20 crore in the second quarter of this financial year. This is in comparison to profit of Rs 243.59 crore in the previous quarter of this fiscal.

Opinion
Bharat Forge Q2 Review: Brokerages Stay Cautious Despite Strong Quarter — Here's Why

Asia Markets LIVE: SoftBank Group Share Price Plunges Over 10% Following Its Exit From Nvidia

SoftBank Group plunged over 10% early trade on Tuesday as the company exited from Nvidia Corp. The Japanese multinational investment banker's stock touched a one-month low in Tokyo.

SoftBank Group's exit from AI market leaders scared investors about technology sector valuation, Bloomberg said. The investment banker offloaded its entire stake in Nvidia Corp for $5.83 billion.

Opinion
SoftBank’s Shares Dive After Nvidia Sale Spooks AI-Wary Market

LIVE: GIFT Nifty Implies Higher Open; Godrej Ind, Zaggle Prepaid, Tata Power Shares In Focus

The GIFT Nifty was trading 0.08% or 19.50 points lower at 25,979 as of 6:37 a.m. The levels indicated nearly 300 points higher open for the NSE Nifty 50 index from the Tuesday's close level.

Traders will monitor Godrej Industries Ltd., Zaggle Prepaid Ocean Services Ltd., Tata Power Ltd., Thermax Ltd., BSE Ltd. shares are likely to react because these companies released their second-quarter earnings.

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.

Opinion
Trade Setup For Nov 12: Nifty Faces Immediate Resistance At 25,850

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