Key stocks in focus included Fortis Healthcare, rising over 2%, and HCL Technologies, which trimmed gains to end slightly in the red. Triveni Turbines experienced a notable volume surge, closing with gains of more than 3% on Tuesday.
Posts in category Economic Times
Bosch Q2 Results: Net profit falls 46% to Rs 536 cr; revenue at Rs 4,394 cr (12-11-2024)
Auto components firm Bosch on Tuesday said its consolidated net profit declined 46 per cent on-year to Rs 536 crore in the September 2024 quarter. The company reported a net profit of Rs 1,000 crore in the July-September quarter of last fiscal.
Gold, silver extend losses amid sluggish demand, weak global cues (12-11-2024)
Gold, silver prices continued to extend losses for the second straight day in the national capital on Tuesday owing to a sluggish demand from jewellers and weak global cues, according to the All India Sarafa Association.
Top 5 stocks with rising promoter pledge ratios (12-11-2024)
“Promoter Increasing Pledge” refers to promoters pledging more shares for loans. In the Nifty500, the top 5 stocks with increased promoter pledge in Q3 2024 may indicate financial stress, raising concerns about potential risks if share prices fall.
Tech View: Nifty’s short-term trend remains weak, key support at 23,500. How to trade tomorrow (12-11-2024)
Nifty’s short-term trend remains weak, with a potential drop below 23,800 likely to target the next support level around 23,500 (the 200-day EMA) in the near term. Immediate resistance is positioned at 24,050, according to Nagaraj Shetti of HDFC Securities.
NMDC Steel Q2 Results: Loss widens to Rs 595 crore, total income rises to Rs 1,535 crore (12-11-2024)
NMDC Steel on Tuesday said its loss had widened to Rs 595.37 crore in September quarter, on account of a surge in expenses. It had posted a loss of Rs 131.10 crore in the year-ago period, the company said in an exchange filing.
Natco Pharma Q2 Results: Net profit shoots up 83% to Rs 676 crore (12-11-2024)
Natco Pharma on Tuesday said its consolidated net profit jumped 83 per cent on-year to Rs 676 crore in the September 2024 quarter, aided by robust sales. The drug maker reported a net profit of Rs 369 crore in the July-September period of last fiscal.
India’s market cap to double in next 5-6 years to $10 trillion: Motilal Oswal (12-11-2024)
India’s rising economic prominence is attracting international investors, with mega-cap companies like Reliance Industries and HDFC Bank increasingly appearing in global indices. The brokerage noted that as more Indian companies are included in international investment indices, foreign capital inflows are expected to grow, enhancing liquidity and strengthening overall market dynamics.
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (12-11-2024)
Neuland Labs, Tera Software, Electrotherm, SaskenTech and Orient Technologies, hit their fresh 52-week highs during the day.
Sensex falls! But these stocks gained over 10% on BSE (12-11-2024)
In the Nifty 50 index, 7 stocks ended in the green, while 43 stocks closed in the red in today’s trade.