In the Nifty pack, 24 stocks closed in the green, while 26 stocks ended in the red.
Breakout Stocks: How to trade Coforge, Piramal Pharma and Amber Enterprises on Friday (24-10-2024)
Sectorally, buying was seen in healthcare, power, utilities and banks while IT, telecom, realty and FMCG stocks faced selling pressure.
Indian markets end flat amid mixed global cues; HUL shares drop nearly 6% (24-10-2024)
Sensex closed at 80,065.16, down 16.82 points or 0.02 per cent, while the Nifty 50 declined 36.10 points or 0.15 per cent to end at 24,399.40
Swiggy cuts valuation target for IPO to $12.5-$13.5 billion, sources say (24-10-2024)
Swiggy, aiming for a $12.5 billion-13.5 billion valuation for its November IPO, down from $15 billion, adjusts targets due to market volatility. Despite a buoyant IPO market, recent corrections and Hyundai India’s lukewarm debut impact Swiggy’s valuation decisions. Listing is expected on Nov. 13.
Stock market update: Nifty Pharma index advances 0.44% (24-10-2024)
The Nifty Pharma index closed 0.44 per cent up at 22570.8.
Face-saving attempt: Jayant Chaudhary on INDIA bloc’s decision to contest UP bypolls on SP symbol (24-10-2024)
The Samajwadi Party announced that INDIA bloc candidates will contest the upcoming Uttar Pradesh Assembly bypolls using its election symbol ‘cycle’. Union minister and RLD chief Jayant Chaudhary claims this is a “face-saving” effort by the coalition. The bypolls for nine assembly seats will be held on November 13, with results announced on November 23.
Stock markets settle lower in lacklustre trade (24-10-2024)
From the 30 Sensex pack, Hindustan Unilever fell by nearly 6 per cent after the FMCG major reported a 2.33 per cent decline in consolidated net profit at Rs 2,595 crore for the second quarter ended in September 2024 impacted by moderation in demand from the urban market.
Outcome of board meeting of Cyient (24-10-2024)
Held on 24 October 2024