In the options market, the highest Call Open Interest (OI) is positioned at 25,500, followed by 25,000, while the maximum Put OI is at 24,000 and then at 24,400. Call writing is evident at the 24,500 and 24,400 strikes, whereas Put writing is noted at the 24,400 and 24,300 strikes.
Posts in category Economic Times
Stocks to buy or sell today: Wipro, SBI among top 10 trading ideas for October 25, 2024 (25-10-2024)
NTPC shares in focus after Q2 net profit grows 14% YoY to Rs 5,380 crore (25-10-2024)
NTPC reported a 14% rise in Q2 net profit to Rs 5,380.25 crore despite a decline in total income. The company approved a Rs 2.50 interim dividend.
Paytm shares rally nearly 11% in a week. Is the worst behind? (25-10-2024)
Paytm shares rise nearly 11% in one week after securing NPCI approval for onboarding new UPI users and reporting a net profit of Rs 928.3 crore for Q2 FY2024, bolstered by a one-time gain from selling its entertainment ticketing business. Analysts highlight significant business and profitability improvements.
ITC shares surge 4% after Q2 earnings. Here’s what analysts say (25-10-2024)
Shares of FMCG major ITC surged 4% to a day’s high of Rs 490 on the BSE on Friday, following the company’s announcement of a nearly 16% increase in revenue to Rs 22,282 crore for the quarter ended September 2024. While net profit rose marginally to Rs 4,993 crore—up 2%—it fell short of Street estimates of Rs 5,079 crore. However, revenue exceeded expectations of Rs 18,068 crore.
Add Godrej Properties, target price Rs 3,000: HDFC Securities (25-10-2024)
HDFC Securities suggests adding Godrej Properties shares with a target price of Rs 3,000. The current share price is Rs 2929.95. The company has achieved 51% of its FY25 presales target. It reported its best-ever Q2 presales and added six new projects. Strong demand in key markets persists. Promoters hold 58.48% stake.
ITC lifts Sensex 100 points higher, Nifty tops 24,400 (25-10-2024)
Indian indices Sensex and Nifty50 opened slightly higher after a four-day decline, with IndusInd Bank limiting gains by opening 10% lower.
Oracle Financial Services shares in focus after Q2 profit jumps 38% Yoy to Rs 578 crore (25-10-2024)
Oracle Financial Services Software reported a 38.4% YoY net profit increase to Rs 577.7 crore for Q2, driven by strong revenue growth and rising demand for cloud offerings.
Waaree Energies IPO allotment finalised, GMP zooms 106%. Check details (25-10-2024)
Waaree Energies plans to use IPO funds to establish a 6 GW manufacturing facility in Odisha and support general corporate purposes. As India’s largest solar PV module manufacturer with 12 GW capacity, the company reported a 69% revenue increase to Rs 11,398 crore in FY24. It is also expanding to a 3 GW facility in the U.S.
Dixon Technologies shares in focus after Q2 profit skyrockets 265% YoY to Rs 412 crore (25-10-2024)
Dixon Technologies will be in the spotlight on Friday after reporting a 265% year-on-year increase in net profits to Rs 412 crore, driven by higher mobile phone production and an exceptional gain of Rs 209.6 crore in the second quarter of FY2025. The company also saw a 120% rise in revenues, reaching Rs 18,116 crore compared to Rs 4,944 crore the previous year.
Diwali has never been this bad for Nifty bulls in last 10 years. Time to buy the fear? (25-10-2024)
Nifty has suffered its worst pre-Diwali phase in a decade, falling nearly 6% in a month. Analysts attribute this decline to weak earnings growth and FII outflows. Despite the current downturn, long-term investors see this as an entry point, expecting a recovery by year’s end.