Page 3 - Stock Market Today

Markets bounce back sharply on bargain hunting; Sensex rises 1,961 points

Benchmarks register third-best day of this year

Strong order book to stand defence major Bharat Electronics in good stead

The company has retained its topline growth guidance of 15 per cent in FY25 and expects a 15-17.5 per cent growth in the coming five years, expected to be led by defence, exports, and services

Zomato to become part of BSE Sensex, replacing JSW Steel from December 23

Zomato's inclusion in the 30-stock index marks a significant milestone for the company, which has seen an impressive rally over the past year

Asian stocks rise as Nvidia earnings and bitcoin surge drive gains

The readings will be one of the key topics at the Bank of Japan's policy meeting in December, where some investors anticipate an increase in the short-term policy rate to 0.5per cent from 0.25per cent

Premium valuations likely to cap upsides for Indian Hotels' stock

The company expects revenue per available room (RevPAR) growth to remain strong, with like-for-like RevPAR to grow in high single digits

Markets dip amid selloff in Adani group stocks; Sensex ends 423 pts lower

Conglomerate's combined market capitalisation falls by Rs 2.2 trillion

Domestic and pharma businesses, lower guidance to weigh on PI Industries

Given healthy reservoir levels and late withdrawal of monsoon, the agricultural sector should see demand recovery, while pharma is also positioned for recovery

New initiatives, margin gain hopes positives for logistics major Delhivery

The expectations for service operating profit margin in PTL is set to reach 16-17 per cent, excluding yield improvements, driven by volume growth

Quadruple blow: No Band-Aid for consumption stocks as inflation cuts deep

Festival flop, sluggish spending, job drought, and market correction sink consumption stocks

EPS forecasts: Here are the biggest winners and losers for FY25 and FY26

Generally underwhelming Q2FY25 results pushed the earnings per share (EPS) downgrade-to-upgrade ratio to 2.14, dampening market sentiment.

Volume growth for NMDC to remain robust in H2 with environmental clearances

Steady increase in domestic demand, a strong balance sheet and moderate valuations are all positives

Near-term demand woes to keep Samvardhana's margins under pressure

The company's operating profit margin slipped by 80 basis points on a sequential basis to 8.8 per cent and was lower than street expectations

FMCG sector's defensive cloak feels tear of forces in stock market

The sector's stocks fail to shield portfolios in current market selloff

Hindalco poised for growth with expansion, robust operational results

The ongoing capex in Novelis would establish it as the global leader in beverage cans and automotive. The management does not see further capex increase

Demand and margin gains ahead for agrochemicals manufacturer UPL

UPL reported revenue of Rs 11,090 crore in 2QFY25, up 9 per cent Y-o-Y, with volume growth of 16 per cent offsetting price decline of 7 per cent

Strong growth, margin metrics could support LIC's stock valuations

The management aims for a positive growth trajectory in the par segment and expects strong growth to continue in the non-par segment

Sebi asks qualified stock brokers to offer UPI mechanism from Feb 1

The UPI-based block mechanism provides enhanced security by ensuring transactions from the bank account

Street Signs: Nifty 50's downward spiral, IPOs mending the fray, and more

The benchmark National Stock Exchange Nifty 50 Index has closed in the red in five out of the last six weeks, marking an 8 per cent decline from its record high

Better demand trends upgrade Indian Hotels Company to profit suite

Management credits demand-supply gap, shifting demographics for hitting the 'suite spot'

Higher volumes, profitability gains boost Gail's Q2FY25 performance

GAIL plans to add 80 new compressed natural gas (CNG) stations and 120,000 new domestic piped natural gas or PNG connections in next two years