While Asian currencies rose on Friday, the rupee was unable to benefit from the positive cue in face of dollar bids from foreign banks and local oil companies, traders said.
Market Wrap: Banks and metals power Sensex 218 points higher, Nifty tops 24,850 (18-10-2024)
Indian benchmark indices Sensex and Nifty 50 rebounded from early losses on Friday, closing higher due to gains in banking and metal stocks. The Sensex rose 218 points to 81,224, while the Nifty climbed 104 points to 24,854, led by Axis Bank, ICICI Bank, Tata Motors, Tata Steel, NTPC, and JSW Steel. The market capitalisation of all listed companies on the BSE surged by Rs 96,045 crore to Rs 458.21 lakh crore.
Sensex rises! But these stocks fell 5% or more in Friday’s session (18-10-2024)
In the Nifty pack, 32 stocks closed in the green, while 18 stocks ended in the red.
Quick Wrap: Nifty Private Bank Index rises 1.90% (18-10-2024)
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Zee Entertainment Enterprises consolidated net profit rises 70.30% in the September 2024 quarter (18-10-2024)
Sales decline 17.93% to Rs 2000.70 crore
Hindustan Zinc consolidated net profit rises 34.59% in the September 2024 quarter (18-10-2024)
Sales rise 20.92% to Rs 8004.00 crore
Best Agrolife consolidated net profit declines 0.22% in the September 2024 quarter (18-10-2024)
Sales decline 7.96% to Rs 746.60 crore
GNA Axles consolidated net profit rises 3.37% in the September 2024 quarter (18-10-2024)
Sales decline 4.12% to Rs 387.55 crore
Duncan Engineering standalone net profit rises 53.42% in the September 2024 quarter (18-10-2024)
Sales rise 77.50% to Rs 28.40 crore