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Source: Live Mint Breakout stocks to buy or sell: Following strong global market sentiments, the Indian stock market snapped a five–day losing streak on Monday. The Nifty 50 index gained 158 points and closed at the 24,339 mark, the BSE Sensex surged over 600 points and regained the psychological 80,000 mark, whereas the Nifty Bank…
Source: Live Mint Stock Market Today: Investors were enthused by a pullback rally in the markets after a phase of long correction. The benchmark Nifty-50 index ended the day with gains of 0.65% at 24,339.15, while the Sensex gained 0.76% to end at 80,005.04. The Nifty Bank Index rebounded 0.93%, while all other sectors closed…
Source: Live Mint Multibagger penny stock: Paramount Communications has made headlines as a standout multibagger penny stock on Dalal Street. Once trading at sub- ₹10 levels, the stock has transformed into a valuable asset, delivering remarkable returns to its investors. Paramount’s meteoric rise serves as a testament to the high reward potential of penny stocks,…
Source: Live Mint Sun Pharma Q2 Results: Sun Pharmaceutical Industries Ltd on Monday reported an 28% year-on-year rise in its consolidated net profit for the fiscal’s second quarter ended September (Q2FY24) to ₹3,040.16 crore. The company had reported a profit of ₹23,755.1 crore in the year-ago period. Sequentially, the consolidated net profit was up 7.2%….
Source: Live Mint LIC Housing Finance Q2: LIC Housing Finance on Monday, October 28, reported an 11.25 per cent year-on-year (YoY) rise in consolidated net profit to ₹1,327.71 crore for the September quarter of the current financial year (Q2FY25). For the same quarter last year, the company earned a profit of ₹1,193.48 crore. Total revenue…
Source: Live Mint Indian Oil Corporation Q2 Results: Indian Oil Corporation (IOC) on Monday, October 28 reported a staggering 98.6 per cent year-on-year (YoY) decline in its standalone net profit to ₹180.01 crore for the quarter ended September 2024. The figure stood at ₹12,967.32 crore in the same period last year. Meanwhile, revenue from operations…
Source: Live Mint InterGlobe Aviation Ltd’s shares lost about 7% on Monday after higher costs marred the airline’s September quarter (Q2FY25) results, leading to a worse-than-estimated net loss of ₹990 crore. Naturally, the poor show has triggered a cut in earnings estimates for FY25 and FY26. InterGlobe runs IndiGo, India’s largest airline. Jefferies India has…
Source: Live Mint Small Cap Stock: Rushil Decor share price gained up to 5% during intraday trades on Monday . Rushil Decor had reported its July- September 2024 quarter) performance (Q2 results FY25) over the weekend. The Rushil decor share price opened at ₹31 almost flat over the previous close. RushiL Decor share price ,…
Source: Live Mint The Indian stock market has seen an accelerated week-on-week decline this month. The bearish trend, which began in the last week of September, has been ongoing for about a month. Interestingly, global equity markets have been experiencing high volatility since June-July, approximately 2-3 months earlier. This indicates that the domestic sell-off occurred…
Source: Live Mint Oil prices dropped approximately $4 per barrel on Monday after Israel’s retaliatory strike against Iran over the weekend left oil and nuclear facilities untouched, avoiding disruptions to energy supplies. By 1445 GMT, Brent futures had fallen by $4.13, or 5.43 per cent, to $71.92 per barrel, while U.S. WTI crude futures were…
