Latest Stock Market News

Emerging markets might face some turbulence from trade adjustments, yet foreign institutional investors (FIIs) could see this volatility as an opportunity, focusing on companies that are either resilient to or benefit from shifts in global trade dynamics.

Since mid-2022, oil has traded within a narrow range of $65 to $97 per barrel, primarily due to concerns of supply surpassing demand. In April 2023, OPEC+ responded by announcing production cuts to curb excess supply and stabilize prices, with further extensions to these cuts continuing since then.

In Q2 FY25, LIC made notable adjustments to its portfolio, adding key stocks like IndusInd Bank, Bank of Maharashtra, IDFC First Bank, Dalmia Bharat, and Cyient.

JSW Holdings led smallcaps with a 57% gain, followed by Avalon Technologies at 34% and ITI at 33.2%. Around 31 other stocks, including Innova Captab, Tilaknagar, NIIT, and CarTrade Tech, saw returns of 10-20% this week.

Shareholders must purchase the stock at least one day before the ex-date to qualify for dividends, as settlement occurs the following day. Buyers on the ex-date are not eligible for dividends, splits, bonus issues, or similar benefits.

Tata Motors reported a 62.4% YoY decline in Q2 net profit to Rs 477 crore, missing expectations. Revenue dropped 16.3% to Rs 15,518 crore due to weak demand in passenger vehicles, aluminum supply issues, and commercial vehicle sales slowdown.

Rate this item

(1 Vote)

Wall Street opened on a muted note on Friday, as a rally powered by a sweeping Trump win and an expected interest-rate cut paused, with the main stocks indexes set for strong weekly gains.

Consumer durable maker Whirlpool of India Ltd on Friday reported a 40.13 per cent rise in its consolidated net profit to Rs 53.53 crore in the September 2024 quarter, helped by volume growth and cost productivity actions.

Rate this item

(1 Vote)

As per the data, Prazim Trading and Investment Company purchased 8,49,54,128 shares, amounting to a 1.62 per cent stake in Bengaluru-based Wipro.

Welspun Corp on Friday reported around 27 per cent fall in consolidated net profit at Rs 282.96 crore for September quarter, mainly on account of fall in income. It had posted Rs 386.57 crore net profit for July-September 2023, the company said in an exchange filing.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.