At 09:30 IST, the barometer index, the S&P BSE Sensex, was down 303.86 points or 0.38% to 79,691.08. The Nifty 50 index lost 78.95 points or 0.32% to 24,254.70.
Buy Abbott India, target price Rs 31,420: Axis Securities (29-10-2024)
Axis Securities recommends buying Abbott India Ltd. with a target price of Rs 31,420. The pharmaceutical company reported a 24% rise in fourth-quarter profit, driven by strong sales despite pricing caps on certain medicines. Promoters hold a 74.99% stake, and a dividend of Rs 410 per share is declared for fiscal year 2024.
NTPC Ltd Spikes 1.89% (29-10-2024)
NTPC Ltd has lost 5.98% over last one month compared to 10.44% fall in BSE Power index and 6.78% drop in the SENSEX
KPIT Technologies Ltd Slides 2.85% (29-10-2024)
KPIT Technologies Ltd has lost 19.48% over last one month compared to 3.39% fall in BSE Teck index and 6.78% drop in the SENSEX
Sensex back in red after 1-day break, falls 400 points; Nifty below 24,250 (29-10-2024)
Indian benchmark equity indices opened lower on Tuesday, resuming their decline due to weak corporate earnings and continued foreign selling.
Waaree Energy – Solar lagao, Apni Bijli Swayam Banao – Atmanirbhar ban jao (29-10-2024)
Hitesh Doshi, CEO and MD of Waaree Energies, says that the company will not be restricted only to manufacturing solar modules. In the coming days, Waaree will expand into all areas of the solar value chain.
These 5 F&O stocks saw a high increase in futures open interest (29-10-2024)
On October 28, futures open interest surged over 11% for four NSE stocks, indicating increased market participation. Key stocks included Federal Bank, United Breweries, Eicher Motors, and Marico.
Suzlon Energy stock in focus after Q2 net profit jumps 96% YoY to Rs 201 crore (29-10-2024)
Suzlon Energy reported a 96% rise in Q2 net profit to Rs 201 crore, with revenues up 48% at Rs 2,093 crore. The company secured India’s largest wind order from NTPC, enhancing its growth prospects.
Senco Gold: Upcoming gold story! (29-10-2024)
What’s the reason for today’s sharp correction?