02:12:12 PM IST, 13 October 2023HDFC Life Q2 Results: PAT at Rs 229 crore vs Rs 247 crore YoY02:12:04 PM IST, 13 October 2023Sensex Today | Stock Mark
02:12:12 PM IST, 13 October 2023
HDFC Life Q2 Results: PAT at Rs 229 crore vs Rs 247 crore YoY
02:12:04 PM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Shares of Adani group companies were trading in red in intraday trade on Friday with the flagship Adani Enterprises losing the most. The day losses come even as Supreme Court adjourned the hearing on investigation into Hindenburg case.
02:12:30 PM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Sai Silks Q1 Results
01:35:42 PM IST, 13 October 2023
European stock markets stable at open
London’s benchmark FTSE 100 index was almost unchanged at 7,645.39 points.
In the eurozone, the Paris CAC 40 was flat at 7,103.05 points and Frankfurt’s DAX index eased 0.2 percent to 15,400.84.
01:03:55 PM IST, 13 October 2023
Stock Market Live Updates | Angel One shares jumped 7% to hit a new 52-week high of Rs 2,250 in Friday’s trade on BSE after the firm reported a nearly 43% YoY rise in second-quarter profit at Rs 304.5 crore as against Rs 214 crore a year earlier.
12:49:34 PM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Zomato says order has been issued by District Consumer Dispute Redressal Forum (II) Jodhpur against co
- In the process of filing an appeal against the order
- District commission imposed monetary penalty for violation of Consumer Protection Act, 2019 on Zomato and McDonalds
- DIstrict commission has imposed monetary penalty of 1,00,000 rupees on co and McDonalds
12:44:03 PM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Lupin on Friday said it has received approval from the US health regulator to market a generic medication, used to reduce excessive daytime sleepiness, in the American market.
12:35:28 PM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Aditya Birla Money Q2 Results: PAT at Rs 11.92 crore vs RS 9.71 crore; revenue at Rs 96.37 crore vs Rs 68.2 crore
12:30:42 PM IST, 13 October 2023
Crypto Price Today: Bitcoin holds above $26,800; Toncoin, Solana fall up to 3%
Bitcoin was down 0.2% at $26,809 as of 11:30 p.m., while Ethereum was below the $1,550 level.
Meanwhile, the global cryptocurrency market cap declined 0.5% to around $1.05 trillion in the last 24 hours.
11:59:28 AM IST, 13 October 2023
Japan’s Nikkei snaps win streak on Fed jitters; Uniqlo owner’s rally caps losses
However, losses on Japan’s benchmark Nikkei share average were limited by a 5.75% surge in heavyweight Fast Retailing , owner of the Uniqlo brand, following a strong earnings report.
The Nikkei closed the day down 0.55% at 32,315.99, snapping a three-day winning run.
11:58:35 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates | SBC Exports gets work order worth Rs 41 lakh by the Ministry of Electronics and Information Technology through NICSI
11:34:44 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates | Landmark Cars receives a Letter of Intent from MG Motor India Pvt Ltd for openingdealership in the State of Goa.
11:23:30 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates | Fintech firm Zaggle has bagged a USD 20 million (about Rs 166 crore) deal from Visa to issue various forex co-brand cards, according to a BSE filing. The contract is spread over a period of five years, Zaggle Prepaid Ocean Service said in the filing.
11:05:34 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates | Shares of Ircon International and RITES climb over 7% each the Government of India’s decision to grant ‘Navratna’ status to the PSU firms.
Central Banks are likely to continue buying gold for several reasons. Economic uncertainty, fueled by geopolitical tensions and trade disputes, motivates them to acquire gold as a safe-haven asset. Current New Geopolitical concern in the middle east between Palestine and Israel provides parking of major funds in Gold. Inflation concerns drive gold purchases as a hedge against currency devaluation. As Inflation has a perfect textbook hedge with Gold thus Gold till the time inflation is high Gold cannot see downturn. Diversification of reserve assets, especially to reduce risk from interest rate movements, remains a key consideration as interest rates remain high and rate sensitive sector failure can add economic concerns. Moreover, Central Banks may increase gold holdings if they anticipate accommodative global monetary policy or a pause in interest rate hikes as the dollar will weaken when global interest rates fall. Gold will remain a good buying bet by banks in such uncertain global outlook
– Jateen Trivedi, VP Research Analyst at LKP Securities
10:49:08 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Citi on Nestle
10:33:19 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates | BLOCK DEAL | Piramal Ent’s 10.6 lakh shares change hands
10:28:39 AM IST, 13 October 2023
Stock Market Live Updates | Brokerage Take | JPMorgan maintained a neutral rating on Infosys with a target of Rs 1400 post September quarter results. The near-term outlook remains weak, but long-term potentially is strong.
10:23:22 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Servotech Power Systems signs MoU with Emcor Power Solutions to establish 1000 EV charging stations in India
10:21:09 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Department of Public Enterprises vide its letter dated 12th October, 2023 has granted the Navratna Status to IRCON; stock surges 5%
10:10:41 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Citi downgrades United Breweries to sell
10:02:51 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: UBS downgraded SBI to sell from a buy earlier and has also slashed the 12-month target price to Rs 530 from Rs 740 earlier – the first big downgrade to Sell in many years. The global investment bank is of the view that the return ratios are likely to peak in FY24 and expect a decline in FY25.
09:56:21 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Angel One shares rallied over 6% after the company’s net profit rose 43% to Rs 304.5 crore in the September quarter. Revenue from operations was up 41% YoY to Rs 1,049.7 crore.
09:55:56 AM IST, 13 October 2023
Sensex Today | Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
The domestic macros have turned distinctly positive with the CPI inflation in September falling steeply to 5.02 % and the IIP for August rising impressively to 10.3%. This implies that the MPC can pause for the rest of FY 24 and go for a rate cut in Q2 of CY24.
While this is positive for the economy, the market is likely to be weighed by results of IT majors which are struggling with weak numbers on revenue guidance for FY24 and lack of clarity on growth recovery. Leading banking names have the strength to continue supporting the market.
09:48:32 AM IST, 13 October 2023
FOREX NEWS | Rupee trades flat at 83.24 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 83.25 and stayed in the narrow range of 83.23 to 83.25 against the greenback. It later turned flat at Thursday’s closing level of 83.24 against the dollar.
09:40:01 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates | Eimco Elecon (India) gets order worth Rs 38.96 crore; stock jumps 6%
09:37:50 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: GAIL, MMTC among most active stocks in morning trade
09:33:14 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: Earnings Impact | HCL Tech rises 3%, Infosys drops over 2% on Q2 results
09:38:15 AM IST, 13 October 2023
HEATMAP: 25 out of 30 stocks trade in the red
09:17:07 AM IST, 13 October 2023
Opening Bell: Sensex falls over 400 points, gives up 66K; Nifty below 19,700; Infosys drops 3%, Angel One rallies 4%
09:08:52 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex slips 240 points; Nifty below 19,510
08:54:45 AM IST, 13 October 2023
Sensex Today | Stock Market Live Updates: UBS downgrades SBI to sell
A preliminary analysis of early market indicators, particularly the negative performance of GIFT Nifty and global market cues, indicates a bearish outlook for Friday the 13th, hinting at a significant decline in the market. It is recommended to consider a strategy that involves selling Nifty and Bank Nifty positions. This downturn can be attributed to six key negative factors, which include Infosys’s weak guidance and rising geopolitical tensions. Examination of Nifty’s options data reveals a specific trading range, with 20,000 serving as a notable resistance level. In these uncertain times, it is essential to adhere to seven fundamental trading rules. it is advisable to maintain a cautious optimism, with the consideration of aggressive long positions only if Nifty manages to surpass the critical level of 19,889.
– Prashanth Tapse, Senior VP (Research), Mehta Equities
08:35:37 AM IST, 13 October 2023
Sensex Today | Stock Market View: Dhruv Mudaraddi, Research Analyst, StoxBox
HCL Tech Ltd.’s Q2FY24 performance is marked by steady growth, with a 3.4% YoY and 1.0% QoQ revenue increase in constant currency. The company has demonstrated impressive operational efficiency, evidenced by a substantial 154 bps sequential improvement in EBIT margin accompanied by robust cash generation. The Financial Services, Life Sciences & Healthcare, and Retail verticals have demonstrated robust growth, while Manufacturing, Technology & Services, and Telecommunication sectors encountered performance challenges. Notably, the achievement of securing a new all-time high in bookings totaling $3.9 billion, including a standout mega deal with Verizon, reflects HCL Tech’s exceptional market responsiveness. The company’s growth outlook appears promising, underpinned by its commitment to innovation and expansion into high-growth segments, notably Engineering and R&D services (up 5% QoQ). HCL Tech’s strategic partnerships and its proactive expansion into new markets are poised to drive future growth. Furthermore, its focus on streamlining operations and cost-reduction strategies bodes well for healthy margins. The management commentary on the margin profile of the Verizon deal, the ramp up of mega wins, recovery in demand for discretionary services and demand trends around ERD space would be closely watched for further cues.
08:21:12 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: Asian shares drop sharply as US price data revives rate hike jitters
Asian shares slid on Friday while the dollar was firm after U.S. consumer prices increased more than expected, bolstering the case for the Federal Reserve to keep rates higher for longer.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.94% on Friday, on course for its biggest one-day percentage drop in a week, having scaled a three-week high on Thursday.
07:59:35 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: Gold trades below two-week highs as US inflation data stokes rate worries
Gold prices edged up on Friday but traded below two-week highs hit in the last session, as a bigger-than-expected jump in U.S. consumer prices boosted bets interest rates would stay high for longer, lifting dollar and bond yields from their recent lows.
07:59:27 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: Dollar holds on to gains after firm US inflation; focus turns to China data
The dollar remained firm on Friday, putting pressure across a basket of currencies as stronger-than-expected U.S. consumer inflation revived prospects that the Federal Reserve will have to keep rates higher for longer.
07:23:49 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start
GIFT Nifty on the NSE IX traded higher by 24.5 points, or 0.12 per cent, at 19699.50, signaling that Dalal Street was headed for positive start on Friday.
07:23:39 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: Tech View: Nifty forms Spinning Top candle
Headline index Nifty today ended 17 points lower to form a small Spinning Top candle on the daily chart.
07:24:05 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: Rupee falls 6 paise against US dollar amid rising crude prices
The rupee paused its two days of gains and settled 6 paise lower at 83.24 against the US dollar on Thursday as rising crude oil prices dented the investor sentiment.
07:24:29 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: Oil climbs as U.S. sanctions, stockpile forecasts, raise supply concerns
Oil prices rose on Friday after the U.S. tightened its sanctions programme against Russian crude exports, raising supply concerns in an already tight market, and global inventories are forecast to decline through the fourth quarter.
07:24:13 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: Wall Street falls as Treasury yields rise, investors digest inflation data
Wall Street’s main indexes closed lower on Thursday after a U.S. Treasury auction sent bond yields higher while investors were already digesting data that showed consumer prices rose more than anticipated in September.
07:24:36 AM IST, 13 October 2023
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Thursday
The 30-share BSE benchmark Sensex declined 65 points or 0.1% to settle at 66,408. The broader NSE Nifty dropped 17 points or 0.09% to end at 19,794.
economictimes.indiatimes.com
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