Sector-wise, selling pressure was observed in metal, realty, PSU, and capital goods stocks.
Posts in category Economic Times
Breakout Stocks: How to trade City Union Bank, Torrent Power and Whirlpool on Wednesday (22-10-2024)
Rupee closes at new low of 84.0775 vs US dollar amid outflows (22-10-2024)
The Indian rupee closed at yet another record low of 84.0775 against the US dollar on Tuesday, pressured by outflows caused by Hyundai routing back funds to its parent company in South Korea after its latest IPO, dealers said.
Top 5 stocks with declining promoter holdings in September quarter (22-10-2024)
In Nifty 500 index, here are the top five stocks where promoters decreased their holdings in the September quarter compared to the June quarter, according to StockEdge shareholding scan.
Bajaj Finance Q2 Results: Cons PAT rises 13% YoY to Rs 4,000 crore, misses estimates (22-10-2024)
Bajaj Finance Q2 Results: Revenue from operations for the reported quarter was Rs 17,090 crore, a 28% increase from Rs 13,382 crore in the same quarter last year. Net interest income (NII) rose 23% in Q2FY25, reaching Rs 8,838 crore compared to Rs 7,196 crore in Q2FY24. The number of new loans booked grew by 14% in Q2FY25, totalling 9.69 million, up from 8.53 million in Q2FY24.
Edelweiss Asset Management former fund manager settles MF rule violation case with Sebi (22-10-2024)
A former fund manager of Edelweiss Asset Management has settled a case pertaining to alleged violations of mutual fund rules with markets regulator Sebi following a payment of Rs 19.5 lakh towards settlement charges.
If I am zero to one for Nykaa, Anchit is one to 100 and that makes us a good fit: Adwaita Nayar (22-10-2024)
Adwaita and Anchit Nayar, leaders at Nykaa, highlight their complementary roles in driving the company’s success. They share insights on India’s consumer tech and quick commerce growth, Nykaa’s rapid expansion in warehouse capacity, and plans for same-day or next-day delivery, leveraging their efficient capital use and market competition to build the category.
Sensex falls! These stocks fell 5% or more in Tuesday’s session (22-10-2024)
In the Nifty pack, 1 stocks closed in the green, while 49 stocks ended in the red.
Adani Green Q2 Results: Cons PAT jumps 39% YoY to Rs 515 crore, revenue rises 30% (22-10-2024)
Adani Green Q2 Results: Revenue from operations for the reported quarter reached Rs 3,376 crore, a 30% increase compared to Rs 2,589 crore in the same quarter of the previous financial year.
Tech view: Breakdown below 24,400 may open doors for 24k in Nifty. How to trade tomorrow (22-10-2024)
A long bear candle has been formed on the daily chart, indicating a decisive downside breakout of 24,600-24,500 levels. Nifty is currently weakening after forming a new lower top around 25230 levels. Another crucial weekly cluster support around 24,500 is placed on the verge of a downside breakout.
HUL Q2 Results Preview: Revenue may grow by up to 4% YoY as negative pricing trends to weigh on topline (22-10-2024)
FMCG giant Hindustan Unilever (HUL) is projected to post a 2-4% rise in Q2FY25 revenue, partially impacted by pricing cuts made during the quarter. The revenue is estimated to range between Rs 15,621 crore and Rs 15,728 crore, as per estimates from four brokerages.