Stock Market LIVE: Nifty, Sensex Trade Lower As RIL, HDFC Bank Shares Weigh
The Nifty 50 and Sensex were trading 0.39% and 0.38% down, respectively as of 1:58 p.m. Follow NDTV Profit's blog for updates on stock price movement, views from analysts, and Q2 earnings update.
KEY HIGHLIGHTS
Nifty, Sensex Today| Stock Market LIVE: Taj GVK Hotels Signs Hotel Management Agreement With IHCL
Taj GVK Hotels signed hotel management agreement with IHCL for upcoming five-star hotel in Bengaluru. A 20-year pact with IHCL started from Bengaluru Hotel's opening date.
Stock Market LIVE: Bajaj Auto's Board To Consider Q2 Earnings On Nov 7
Bajaj Auto Ltd.'s board will consider second-quarter earnings on Nov 7.
Europe Market Update LIVE: Euro Stoxx 60 And Germany's DAX Indices Rises
Pan European stock gauge, Euro Stoxx 50 and Germany's benchmark index, DAX were trading higher like most markets in the region. US President Donald Trump said that there is unlikely further tension escalation with China which soothed some jittery nerves.
The Euro Stoxx 50 and DAX were trading 0.10% and 0.48% higher, respectively as of 2:25 p.m.
HCLTech Q2 Results Preview: Margin Seen Improving; H-1B Visa Fee, Deal Wins In Focus
HCLTech is expected to post steady sequential growth in the July–September quarter, with analysts tracking its margin expansion and the potential cost impact from the recent H-1B visa fee hike. The company will announce its Q2 FY26 results on Oct. 13.
The US government’s decision to impose a $100,000 charge on new H-1B visa petitions has drawn close scrutiny from the IT sector. While TCS remains one of the largest visa users, peers such as HCLTech could also face higher onsite costs as the rule takes effect.
Pakistan's Benchmark Index Has Doubled In One Year: What's Happening?
At a time when most global markets are under pressure due to geopolitical uncertainty and tariff wars, the Pakistan benchmark index, KSE 100, is on a tear.
The Pakistan index has almost doubled over one year, rising from 83,300 levels in October 2024 to 1,60,000 levels currently after recently hitting a recent all-time high of 1,69,000. In comparison, the MSCI Emerging Markets Index is up 16.4%.
