Latest Stock Market News

Each MII must appoint a non-associated Designated Depository (DD) to monitor compliance with shareholding limits. For depositories, the other depository will act as their DD.

In addition to this, the long liquidation by short-term traders also had a negative impact on gold prices, and money managers reduced their net-bullish bets on gold to their lowest level in eight weeks, Gandhi added.

The Dow Jones Industrial Average fell 63.0 points, or 0.15%, at the open to 42,800.89. The S&P 500 rose 14.8 points, or 0.25%, at the open to 5,829.81​, while the Nasdaq Composite rose 83.7 points, or 0.46%, to 18,426.658 at the opening bell.

Reliance Retail Q2 Results: Company experienced a 3.5% decline in revenue, reaching Rs 66,502 crore compared to Rs 68,937 crore in the same quarter last year. This dip was attributed to weaker demand in the fashion and lifestyle sector, along with a strategic focus on streamlining operations and adjusting its B2B approach to boost margins. Despite this, the retail arm still generated a substantial gross revenue of Rs 76,302 crore, though this figure also represents a 1.1% drop year-on-year.

The Sensex gained 592 points on Monday, closing at 81,973. Five BSE 100 stocks hit their 52-week highs, suggesting strong performance and potential for future growth.

StockEdge highlights 5 Nifty500 stocks with the highest Days of Receivables, indicating potential cash flow issues or billing inefficiencies. This could impact their liquidity and financial stability if it persists.

The Nifty Realty index was trading 1.41 per cent up at 1055.3.

The Board of HCL Tech on Monday declared an interim dividend of Rs 12 per share for the financial year 2024-25. The company has fixed a record date as October 22 for the same.

Indian equity indices rose, fueled by banking, IT, and realty stocks, with Nifty50 closing at 25,128 and Sensex at 81,973. Key stocks showed significant activity on Monday.