Markets fall for 5th day; Sensex sheds 523 pts, Nifty ends near 19,100

Closing Bell on October 25, 2023: In the broader market, the BSE MidCap index slipped 0.52 per cent and the BSE SmallCap 0.77 per cent as against the frontline indices' 0.8 per cent decline

SI Reporter New Delhi

Stock Market Live: Sensex sinks 600 pts, Nifty at 19,100 in broad selloff

8:15 AM

Nifty Financial, Nifty Private Bank: Trading strategy for near-term decline

As per Ravi Nathani, the Nifty Private Bank index is poised to encounter a stronghold of support at 22,200, according to chart analysis. Read

8:09 AM

Brent crude retreats to $88 on demand worries

Business activity in the UK services sector fell for the third straight month in October.

The S&P Global/ CIPS flash services business activity index dipped to 49.2 from 49.3 in September, raising worries of a slowdown.

8:05 AM

Stocks to Watch today: Axis Bank, Tech M, Vedanta, Delta Corp, ONGC, NDTV

Q2FY24 results today: Axis Bank, Tech Mahindra, Indus Towers, Jubilant Foodworks, Sona BLW Precision Forgings, Sonata Software, Lakshmi Machine Works, Welspun India, Chalet Hotels, Chennai Petroleum Corp, Rallis India, TV18 Broadcast, Network18 Media & Investments.

Kfin Technologies: The company will not proceed with the buyback if redeemable preference shares until further notice as the Office of the Joint Director, Enforcement Directorate, Hyderabad Zonal Office has issued notice to Adhiraj Parthasarathy, wherein the ED has provisionally attached the RPSs. Read

8:00 AM

Microsoft firms up in after market trade on strong earnings, guidance

Revenue: $56.52 billion vs. $54.50 billion expected

Fiscal second-quarter revenue is guided in the range of $60.4 billion to $61.4 billion, a 15% growth. Analysts polled by Refinitiv had expected $60.9 billion in revenue.

Via CNBC.com

7:56 AM

Google parent Alphabet drops 7% in after market trade on weak cloud revenue in Q3

Alphabet reported 11% revenue growth in the third quarter aided by advertising.

Cloud revenue came in below estimates at $8.41 billion vs $8.64 billion, according to StreetAccount

Via CNBC.com

7:52 AM

Gift Nifty futures above 19,300; signal start with small gains

7:49 AM

Australia Q3 inflation rises 5.4%, ahead of expectations

The country’s third quarter inflation rate came in at 5.4%, slightly higher than the 5.3% expected by economists polled by Reuters, but lower than the 6% seen in the second quarter.

Via CNBC.com

7:44 AM