Market Close Highlights: Sensex ends 50 pts lower at 79,500; Nifty at 24,150; PSB, Oil drag, IT up

Stock Market Highlights: Benchmark Indian equity indices ended in the red for the second straight session on Friday, weighed most by financial and OMC stocks

2:54 PM

Stock Market LIVE Updates: BS BFSI Insight Summit - Economists discuss Fed or Food?

Stock Market LIVE Updates: Aditi Nayar: Between fed and food, we need to focus on food and local drivers are paramount.

Domestic growth and inflation dynamics are likely to take precedence.

Food and rent are the two primary factors driving inflation

2:43 PM

Stock Market LIVE Updates: BS BFSI Insight Summit - Economists discuss Fed or Food?

Stock Market LIVE Updates: Aditi Nayar, Chief Economist, ICRA; 

Ila Patnaik, Chief Economist, Aditya Birla Group; 

Sachchidanand Shukla, Group Chief Economist, L&T; 

Samiran Chakraborty, MD & Chief Economist, Citibank; and 

Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India, discuss which macroeconomic factors most for India's economy.

 

2:41 PM

Stock Market LIVE Updates: Divis Labs Q2 Preview: Net profit may jump 36%, revenue by 15 YoY%

Stock Market LIVE Updates: Indian pharmaceutical giant Divis Labs is scheduled to post its financial results for the second quarter (July-September) of fiscal year 2024-25 (Q2FY25) on Friday, November 8. 

 

Brokerages expect Divis Labs to report a robust quarter on a year-on-year basis and sequentially. The company will likely record healthy sales led by API segment, and custom synthesis manufacturing (CSM) segment. READ MORE

 

2:37 PM

Stock Market LIVE Updates: Tata Motors Q2 preview: Co's profit may surge up to 49%, Ebitda by 34% YoY

Stock Market LIVE Updates: Automobile manufacturer Tata Motors will announce its September quarter of financial year 2025 (Q2FY25) results on Friday, November 08, 2024.

 

Tata Motors’ performance is anticipated to be a mixed bag, with contrasting trends across its divisions. Brokerages have highlighted a generally flat revenue outlook year-over-year, tempered by muted volume growth but bolstered by an expected expansion in earnings before interest, tax, depreciation and amortisation (Ebitda) margins. READ MORE

 

2:28 PM

Stock Market LIVE Updates: China stimulus measures announcement

Stock Market LIVE Updates: China's Fin Min Lan: China still has large space to increase borrowing.

Actively planning next policy moves, countercyclical steps

Measures to support property market will be rolled out

Hidden debt swap will be launched immediately

 

2:24 PM

Stock Market LIVE Updates: China stimulus measures announcement

Stock Market LIVE Updates: China's Fin Min Lan: Accelerating work on bank recapitalisation

Tax measures to support property market to be rolled out soon

To implement forceful fiscal policy In 2025

2:23 PM

Stock Market LIVE Updates: Pramod Agrawal resigns as chairperson & Public Interest Director of BSE

Stock Market LIVE Updates: Pramod Agrawal has resigned as the chairperson and public interest director (independent director) of BSE Limited, with immediate effect from November 8, 2024, i.e. today, due to potential conflict with new assignment.

Source: NSE

2:20 PM

Stock Market LIVE Updates: Vedanta, Oil India, Hindustan Zinc emerge top bidders in mineral auctions

Stock Market LIVE Updates: The Ministry of Mines on Thursday announced the preferred bidders for eight critical mineral blocks awarded in the fourth round of auctions. Companies securing these blocks include Hindustan Zinc Limited, Vedanta, Oil India, Orissa Metaliks, and Mamco Mining. This brings the total number of blocks awarded to 22, representing less than 45 per cent of the 49 blocks offered since the auction process commenced in November 2023. READ MORE

2:17 PM

Stock Market LIVE Updates: Yatharth Hospitals Q2FY25 results: Net profit up 12%, revenue rises 27%

Stock Market LIVE Updates: Healthcare services provider Yatharth Hospitals and Trauma Care Services reported a 12 per cent year-on-year (Y-o-Y) increase in consolidated net profit for the September quarter (Q2 FY25) at Rs 31 crore, up from Rs 27.6 crore in the same period last year. The hospital's revenue from operations rose 27 per cent Y-o-Y to Rs 217.8 crore in Q2 FY25, compared to Rs 171.3 crore in Q2 FY24. READ MORE

2:11 PM

Stock Market LIVE Updates: China stimulus measures announcement

Stock Market LIVE Updates: China's finance minister lan says, to implement forceful fiscal policy in 2025 and ultra-long special treasury bonds.

2:10 PM

Stock Market LIVE Updates: SBI Q2 results: Profit soars 28% YoY to Rs 18,331 crore; stock falls 2.5%

Stock Market LIVE Updates: India's biggest public sector lender State Bank of India (SBI), on Friday, reported a 28 per cent year-on-year (Y-o-Y) surge in standalone net profit at Rs 18,331.4 crore in the July-September quarter of the current financial year (Q2 FY25). The number beat Street estimates by a wide margin, which had estimated a net profit rise of 10-17 per cent Y-o-Y.

 

 In the September quarter of the previous year (Q2 FY24), SBI had reported a net profit of Rs 14,33.03 crore. Meanwhile, on a sequential basis, SBI's Q2 profit rose 7.6 per cent from Rs 17,035.16 crore. READ MORE

 

 

2:02 PM

Stock Market LIVE Updates: 2 PM Market Update - Sensex, Nifty trade with losses

Stock Market LIVE Updates: Benchmark Indian equity indices were trading lower on Friday.

At 2 PM, the BSE Sensex was lower by 100 points, or 0.13 per cent, at 79,441, while the Nifty 50 was at 24,148, down 50 points, or 0.21 per cent.

 

1:58 PM

Stock Market LIVE Updates: China stimulus measures announcement

Stock Market LIVE Updates: China Unveils $839 Billion Debt Swap To Rescue Local Governments: Bloomberg

1:56 PM

Stock Market LIVE Updates: China stimulus measures announcement

Stock Market LIVE Updates: China's finance minister Lan Fo’an: We are to ban local government spending and investment not included in budget.

 

1:55 PM

Stock Market LIVE Updates: SBI announces Q2 results

Stock Market LIVE Updates: Provisions at Rs 4,505.7 crore in Q2FY25 as against Rs 115.3 crore in Q2FY24 

Provisions at Rs 4,505.7 crore in Q2FY25 versus Rs 3,449.4 crore in Q1FY25