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Stock market update: Nifty Realty index 2.58%

Updated at : 2024-11-06 17:25:01

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The Nifty Realty index closed 2.58 per cent at 1011.05.

India’s largest natural gas marketer and transporter witnessed a 26% drop in operating profit in the gas marketing business during the quarter to Rs 1,329 crore. Operating profit in the gas transmission business increased 8% to Rs 1,403 crore.

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Trump back in the White House is seen as bullish for European defence stocks, given his warnings to scale back U.S. military support in the region and force NATO members to spend 2% or more of their GDP on defence

As Donald Trump inches closer to victory in the US presidential election, Bitcoin prices surged past $75,000, signaling a risk-on sentiment in the market. This surge coincided with a correction in the Indian stock market, with the MSCI India ETF dropping over 8%.

Revenue from operations in the same period rose 15% YoY to Rs 5,589 crore in the July-September 2024 period, compared with Rs 5,589 crore in the same period of last year. The revenue was higher than ET Now poll estimates of Rs 5,485 crore.

Vedanta shares 0.01% as Nifty gains

Updated at : 2024-11-06 15:30:01

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A total of 292,378 shares changed hands on the counter till 02:02PM (IST).

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Promoters held 44.7 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 28.39 per cent and 9.52 per cent, respectively.

​It is not as if everyone will get impacted because there will be shifting channels, because he wants to put more tariffs towards China and some other countries, so some other countries might benefit. But overall, it has an impact on companies which are exposed to global trade, while higher interest rates might help financial companies here, which are undergoing NIM compression. So, these are some of the thoughts initially.

On Wednesday, five stocks saw a fresh buildup of short positions. This indicates a rise in open interest and trading volumes, along with a decrease in stock prices. Traders are anticipating a decline in these stocks.

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The Relative Strength Index of the stock stood at 54.27 on Wednesday.

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