Latest Stock Market News

Fear gauge India VIX shed about 2 per cent, whereas realty, FMCG and PSU indices gained 2 per cent, followed by one per cent rise in auto, power, utilities, IT and energy sectors each.

Kirloskar Oil Engines Ltd. key Products/Revenue Segments include Engine & Gensets, Sale of services, Scrap, Other Operating Revenue, Export Incentives, Solar Power, Commission for the year ending 31-Mar-2022.

“It is best we look through the IIP print because there are some issues as far as the base being very old, etc, and maybe we are not capturing some of the newer age sectors and manufacturing units that are really leading the positivity that we are seeing in the GST E-Way bills for example.”

Among these shares, BLS International, the visa processing company, has delivered between 3 to 53 per cent return every month between April to September. The stock has delivered a return of 200 per cent on a year to date basis in 2022.

At 9.17 am, the BSE Sensex was trading 134 points or 0.23 per cent lower at 57,491. Nifty50 was trading at 17,089, down 34 points or 0.20 per cent.

The Nifty Pharma index was trading 0.19 per cent down at 12802.2.

Infosys, MindTree, Angel One, Cyient, Anand Rathi Wealth, Den Networks, Aditya Birla Money, Roselabs Finance and more are among the companies that will announce their results for September 2022 quarter today.

Also, the board of Apollo Micro Systems will meet to consider the issue of equity shares and/or convertible securities including warrants on preferential basis. Infosys will be meeting for a share buyback plan.

The grant will be distributed among the three corporations - Indian Oil, Bharat Petroleum and Hindustan Petroleum - and help ensure an "unhindered" supply of domestic cooking gas or LPG, said an official statement.

Foreign exchange reserves have dropped to about $533 billion from a peak of about $634 billion in 2021, in part because of the growing current account deficit that S&P says will jump to 3% of GDP in the current fiscal year from 1.6% in the preceding fiscal. S&P expects commodity prices, particularly for energy, to stabilise around current levels through 2023, after which they may decline more meaningfully, which would help moderate the current account deficit.