Tech Mahindra, Persistent Systems among 5 stocks with short buildup (31-10-2024)
In Thursday’s trading session, five stocks saw fresh short positions being built:
Share market update: Most active stocks of the day in terms of total traded value (31-10-2024)
The NSE Nifty index was trading 78.25 points down at 24262.6
Tata Power Company gains after Q2 PAT rises 7% YoY to Rs 1,093 cr (31-10-2024)
Tata Power Company advanced 1.84% to Rs 435 after the company’s consolidated net profit increased 7.44% to Rs 1,093.08 crore despite of 0.26% increase in revenue from operations to Rs 15,697.67 crore in Q2 FY25 over Q2 FY24.
IRB Infrastructure Developers drops 4% after revenue declines in Q2FY25 (31-10-2024)
Shares of IRB Infrastructure Developers plummeted 3.64 per cent at Rs 52.05 a piece on the BSE
Market riptide pulls ADR below 1 (31-10-2024)
The advance/decline ratio (ADR) – a gauge of market breadth – has remained negative (below 1) for a second consecutive month. In other words, the number of stocks declining is outpacing those rising, as a brutal selloff by overseas investors and lofty valuations weigh on sentiment. According to BSE data, the ADR for October stands at 0.98 for the second month in a row.
Safe-haven gold on track for best month in seven (31-10-2024)
Gold prices reached a record high on Thursday driven by safe-haven demand before the U.S. presidential election. The September core inflation data and upcoming U.S. jobless claims and payroll reports held traders’ attention. Metals like silver, platinum, and palladium showed mixed performance but remained on track for monthly gains amid China’s manufacturing recovery.
NSE SME Usha Financial Services drops on debut (31-10-2024)
Shares of Usha Financial Services were trading at Rs 155.80 on the NSE, a discount of 7.26% compared with the issue price of Rs 168.
Siemens shares 0.25% as Sensex falls (31-10-2024)
On the technical charts, the RSI of the stock stood at 42.89.
Stock market update: Power stocks up as market falls (31-10-2024)
The 30-share BSE Sensex was down 291.45 points at 79650.73