Page 5 - Indian Markets
Brokerages snip Nifty EPS growth estimates after disappointing Q2
Further revisions for FY25, FY26 likely if Q2 show continues to disappoint
 "Brokerages snip Nifty EPS growth estimates after disappointing Q2")
AMC rally likely to gain further steam after robust Q2 performance
Brokerages up targets as AMCs deliver earnings surprise
 "AMC rally likely to gain further steam after robust Q2 performance")
Market Close Highlights, Oct 29: Sensex adds 364pts, Nifty ends above 24,450; Banks, financials lead
Stock Market Highlights:Notably, 31 out of the 50 constituent stocks of the Nifty 50 ended higher, led by SBI, BEL, HDFC Life, SBI Life, and Eicher Motors, with gains of up to 5.05 per cent
 "Market Close Highlights, Oct 29: Sensex adds 364pts, Nifty ends above 24,450; Banks, financials lead")
IOCL declines 4% after slipping into loss in Q2 from profit a year ago
IOCL reported a net loss of Rs 169.58 crore as compared to a net profit of Rs 13,114.3 crore in Q2FY24
 "IOCL declines 4% after slipping into loss in Q2 from profit a year ago")
JSW Energy up 4% as conglomerate signs MoU with Korea's POSCO group
The collaboation is expected to boost India's steel production capacity and advance sustainability efforts in both countries
 "JSW Energy up 4% as conglomerate signs MoU with Korea's POSCO group")
Ami Organics soars 13% hovers near 52 week high after strong Q2 show
In the second quarter, Ami Organics registered consolidated net profit of Rs 37.33 crore as compared to a loss of Rs 18.85 crore
 "Ami Organics soars 13% hovers near 52 week high after strong Q2 show")
JSW Infra gains 7% after reporting highest-ever quarterly profit in Q2
JSW Infrastructure reported consolidated net profit of Rs 37.2 crore in second quarter ended September 30, up by 46 per cent Y-o-Y
 "JSW Infra gains 7% after reporting highest-ever quarterly profit in Q2")
Market today: Afcons Infra IPO close, Q2 earnings, global cues, oil prices
Q2 earnings, Afcons Infrastructure IPO close and global factors such as receding tensions in West Asia, and other global markets is expected to have a bearing on Indian shares
 "Market today: Afcons Infra IPO close, Q2 earnings, global cues, oil prices")
BoB gains 5% after reporting Q2 results; Check why the stock is in demand
BoB's net profit during the quarter under review rose 23.2 per cent Y-o-Y to Rs 5,238 crore
 "BoB gains 5% after reporting Q2 results; Check why the stock is in demand")
Market today: Waaree, Deepak Builders' IPO listing, Q2 results, oil prices
Shares of Deepak Builders & Engineers India Ltd and Waaree Energies Ltd will list on the bourses today
 "Market today: Waaree, Deepak Builders' IPO listing, Q2 results, oil prices")
Sensex drops below 80K amid earnings season gloom; turbulence may continue
Benchmark indices log longest weekly losing run in 14 mths
 "Sensex drops below 80K amid earnings season gloom; turbulence may continue")
Market Close Highlights, Oct 24: Sensex ends flat, Nifty below 24,400; Banks lead, FMCG drags
Stock Market Highlights: 26 out of 50 constituent stocks of Nifty50 ended in the green, led by Ultratech Cement, Shriram Finance, Grasim, Titan, and Mahindra & Mahindra
 "Market Close Highlights, Oct 24: Sensex ends flat, Nifty below 24,400; Banks lead, FMCG drags")
Tata Communications up 3% on tie up with Nvidia for AI cloud infra in India
Tata Communications will upgrade its Artificial Intelligence (AI) cloud infrastructure in India in collaboration with Nvidia
 "Tata Communications up 3% on tie up with Nvidia for AI cloud infra in India")
Aurionpro up 3% on bagging multi mn dollar deal from bank in South Asia
Aurionpro's iCashpro+ offers advanced cash management features such as digital payments, virtual accounts, and liquidity management, enabling transaction efficiency and providing real-time insights
 "Aurionpro up 3% on bagging multi mn dollar deal from bank in South Asia")
HUL share price slips 7% post Q2 results; Should you buy, sell or hold?
Hindustan Unilever (HUL) reported a net profit of Rs 2,591 crore as compared to Rs 2,668 crore which translates to a decline of 2.8 per cent
 "HUL share price slips 7% post Q2 results; Should you buy, sell or hold?")
Piramal Pharma hits all time high, soars 13%; here's what's driving stock
Piramal Pharma's company's revenue for the quarter under review stood at Rs 2,242 crore as compared to Rs 1,911 crore which implies an increase of 17 per cent Y-o-Y
 "Piramal Pharma hits all time high, soars 13%; here's what's driving stock")
Gulshan Polyols soars 18% on getting ethanol supply order worth Rs 994 cr
Gulshan Polyols has been awarded an order to supply 142,222 kiloliters of ethanol, with an estimated value of Rs 993.9 crore, to various oil marketing companies
 "Gulshan Polyols soars 18% on getting ethanol supply order worth Rs 994 cr")
What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price
Zomato reported a 388 per cent year-on-year rise in second quarter net profit at Rs 176 crore, from Rs 36 crore in the year ago period
 "What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price")
Adani Energy gets Sebi notice for alleged misclassification of shareholding
Adani Energy Solutions also stated that there were no other pending regulatory proceedings against the company except for the two show-cause notices
 "Adani Energy gets Sebi notice for alleged misclassification of shareholding")
Market Close Highlights, Oct 22: Sensex crashes 930 pts, Nifty ends below 24,500; all sectors in red
Stock Market Today: Benchmark India equity indices were likely headed for a flat start with a slightly positive bias as indicated by GIFT Nifty futures at 7:10 AM
 "Market Close Highlights, Oct 22: Sensex crashes 930 pts, Nifty ends below 24,500; all sectors in red")
