Wall Street’s main indexes edged lower on Monday, pausing after gains in the previous week ahead of major earnings reports that could influence whether indexes retreat from record highs or sustain the momentum.
Posts in category Economic Times
Silver prices inching towards 1 lakh/kg mark, Nippon India silver ETF rises nearly 6% today (21-10-2024)
Silver December futures on MCX reach a lifetime high of Rs 98,224/kg, nearing the Rs 1 lakh/kg mark. Driven by industrial demand and gold’s rally, silver’s price gains are buoyed by retail interest, EV sector demand, and geopolitical uncertainties.
Zomato Q2 Results Preview: Up to 662% YoY surge in PAT seen, revenue may rise by up to 80% (21-10-2024)
Zomato is set to report a substantial increase in its September quarter net profit, with estimates ranging from 585% to 662% year-on-year growth. Revenue is also expected to rise by 61% to 80%. The earnings announcement will be made on Tuesday. This significant growth is anticipated despite mixed quarterly changes in profit and revenue.
Decreasing promoter pledges: 5 stocks in spotlight (21-10-2024)
This may indicate enhanced liquidity or financial stability among stakeholders, as they might no longer require borrowing against their holdings.
These 5 stocks see a spike in promoter pledge levels (21-10-2024)
Rising pledge levels typically suggest that company insiders or shareholders are using their shares as collateral for loans, which may indicate liquidity challenges or financial pressure among these individuals.
Bajaj Housing Finance Q2 Results: Net profit jumps 21% YoY to Rs 546 crore, NII rises 13% (21-10-2024)
Bajaj Housing Finance Q2 Results: The company reported a 13% rise in net interest income (NII) for Q2 FY25, reaching Rs 713 crore, up from Rs 632 crore in Q2 FY24. Assets under management (AUM) grew 26% to Rs 1,02,569 crore as of September 30, 2024, compared to Rs 81,215 crore a year earlier. Profit before tax (PBT) for Q2 FY25 increased by 23% to Rs 708 crore, up from Rs 575 crore in Q2 FY24.
Shares of GLF, Maharashtra Scooters, 6 other holding companies rally up to 20%. Here’s why (21-10-2024)
Shares of holding companies, including GFL, Pilani Investment and Industries Corporation, and SIL Investments, up to surged 20% on Monday. This followed an NSE circular announcing a special call auction session on October 28 for price discovery of listed investment companies (ICs) and investment holding companies (IHCs).
Stock market update: Fertilisers stocks down as market falls (21-10-2024)
The 30-share BSE Sensex closed down 73.48 points at 81151.27
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (21-10-2024)
Diffusion Engineers, SIL Investments, Pilani Invest, GFL Ltd. and Vardhman Hold, hit their fresh 52-week highs during the day.