At 11:25 IST, the barometer index, the S&P BSE Sensex, was down 99.25 points or 0.12% to 81,116.22. The Nifty 50 index fell 64.45 points or 0.26% to 24,789.60.
Posts in category Business Standard
US dollar index currency speculators stay net short (21-10-2024)
US dollar index currency speculators continue to stay net short and around a six-month low, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net short position of 2100 contracts in the data reported through October 15, 2024, showing an increase of 211 net short contracts compared to the previous week.
Oberoi Realty stock gains 4% as Q2 operating profit jumps 27.5% YoY (21-10-2024)
The company’s profit climbed 28 per cent year-on-year (Y-o-Y) to Rs 589.4 crore in Q2FY25, from Rs 456.8 crore in Q2FY24.
Alembic Pharma gets USFDA nod for hypertension treatment drug (21-10-2024)
Alembic Pharmaceuticals has announced that it has received final approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Diltiazem Hydrochloride Extended-Release Capsules USP, 120 mg.
EPFO adds 18.53 lakh net members in August (21-10-2024)
The Employees’ Provident Fund Organisation (EPFO) has released provisional payroll data for August 2024, revealing a net addition of 18.53 lakh members in the month of August 2024. This represents a 9.07% year-on-year growth compared to August 2023, signifying increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFOs effective outreach initiatives. EPFO enrolled around 9.30 lakh new members in August 2024, representing an increase of 0.48% in the new members from the previous year in August 2023. This surge in new memberships can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO ‘s successful outreach programs.
Netweb Tech rises after Q2 PAT climbs 70% YoY to Rs 26cr (21-10-2024)
Netweb Technologies India’ rallied 4.01% to Rs 2,789 after the company’s standalone net profit surged 69.82% to Rs 25.71 crore in Q2 FY25 as compared with Rs 15.14 crore in Q2 FY24.
Volumes spurt at Tejas Networks Ltd counter (21-10-2024)
Tejas Networks Ltd notched up volume of 7.43 lakh shares by 10:47 IST on BSE, a 22.05 fold spurt over two-week average daily volume of 33725 shares
HDFC Bank jumps after Q2 PAT rises 5% YoY to Rs 16,821 cr (21-10-2024)
HDFC Bank rallied 3.53% to Rs 1,740.45 after the company reported 5.29% increase in standalone net profit to Rs 16,820.97 crore in Q2 FY25 as compared with Rs 15,976.11 crore in Q2 FY24.
Deepak Builders IPO opens today: GMP up 30%; should you park you money? (21-10-2024)
Deepak Builders IPO opens for public subscription with a GMP of 30 per cent from the upper end of issue price: Should you subscribe? Here’s what brokerages recommend
Barometers trade sideways; Nifty slides below 24,900 level (21-10-2024)
At 09:27 IST, the barometer index, the S&P BSE Sensex, advanced 23.16 points or 0.03% to 81,247.91. The Nifty 50 index declined 31.30 points or 0.13% to 24,822.75.