Stock Market LIVE: Recovery from lower levels in the stock market; Sensex near 66300, buying in metal-PSU banking stocks Business News, Hindi News

Stock Market LIVE: BSE Sensex is trading near 66,300, which had slipped below 66100 intraday. Nifty has also recovered and crossed 19,750. The market recovery is getting support from metal and PSU banking sector.

highlights

Mon, Oct 16, 2023, 01:33 PM

Stock Market LIVE: BPCL

  • DIIs reduced stake in Q2
  • Stake reduced from 23.11% to 22.54%
  • Share of FIIs increased from 12.55% to 13.02% in Q2

Mon, Oct 16, 2023, 12:53 PM

Stock Market LIVE: Federal Bank

  • Profit `954 Cr (Estt. `840 Cr)
  • Profit increased from `704 Cr to ~954 Cr (YoY)
  • NII `2056 Cr (estimated at `2000 Cr)
  • NII increased from `1762 Cr to ~2056 Cr (YoY)
  • Gross NPA reduced from 2.38% to 2.26% (QoQ)
  • Net NPA reduced from 0.69% to 0.64% (QoQ)
  • Provisions down from `268 Cr to `44 Cr (YoY)
  • Provisions down from `156 Cr to `44 Cr (QoQ)

Mon, Oct 16, 2023, 12:34 PM

Stock Market LIVE: Havells Q2FY24 Standalone PREVIEW

  • Rev at Rs.4176cr vs 3669cr, +14%
  • EBITDA at Rs.391cr vs 287cr, +36%
  • Margins at 9.4% vs 7.8%
  • PAT at Rs.265cr vs 187cr, +42%

Mon, Oct 16, 2023, 12:14 PM

Stock Market LIVE: Sep WPI Data

  • Wholesale inflation rate in September -0.26%
  • WPI increased from -0.52% to -0.26% (MoM)
  • Wholesale inflation remained negative for the 6th consecutive month
  • Food inflation declined from 5.62% to 1.54% (MoM)
  • Core inflation increased from -2.2% to -1.4% (MoM)
  • Fuel & Power WPI increased from -6.03% to -3.35% (MoM)
  • Primary Article WPI declined from 6.34% to 3.70% (MoM)
  • July revised WPI increased from -1.36% to -1.23% (MoM)
  • Manufactured Products WPI increased from -2.37% to -1.34% (MoM)

Mon, Oct 16, 2023, 11:03 AM

Stock Market LIVE: News quoting sources

– NARCL’s work will speed up

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– NARCL i.e. National Asset Reconstruction Company Limited

NARCL may get about 11-12 new accounts this financial year.

– Banks can transfer 11-12 accounts worth around `10-12 thousand crores

– Till now banks have transferred assets worth about Rs 5000 crore to NARCL.

– Plan to transfer NPA assets worth Rs 50,000 crore to NARCL

Mon, Oct 16, 2023, 10:24 AM

Stock Market LIVE: MOFSL’s favorite 5 stocks

  • RIL – Target 2920
  • ICICI Bank – Target 1150
  • Titan – Target 3796
  • TCS – Target 4060
  • Tata Motors – Target 740

Mon, Oct 16, 2023, 10:03 AM

Stock Market LIVE: BLS

  • Visa Outsourcing Contract for Slovakia
  • Schengen Global Visa Outsourcing Contract
  • Shares on BSE are up by 6.5% at Rs 266.10

Mon, Oct 16, 2023, 09:20 AM

Stock Market LIVE: Weak start of the market

  • Sensex down 150 points at 66,120
  • Nifty slipped 40 points to 19,710
  • Bank Nifty fell 170 points to 44,110

Mon, Oct 16, 2023, 08:47 AM

Stock Market LIVE: Stock Of The Day

Anil Singhvi’s opinion

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Buy ONGC Foot

SL 184

tgt 189, 192

Sell ​​BoB Foot

SL 209

tgt 200, 198, 195

Mon, Oct 16, 2023, 08:22 AM

Stock Market LIVE: HDFC Life Insurance

Morgan Stanley on HDFC Life Insurance Co (CMP: 625)

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Maintain Overweight, Target cut to 775 from 800

Jefferies on HDFC Life Insurance Co (CMP: 625)

Maintain Buy, Target 800

Citi on HDFC Life Insurance Co (CMP: 625)

Maintain Neutral, Target raised to 710 from 700

Nomura on HDFC Life Insurance Co (CMP: 625)

Maintain Buy, Target 800

HSBC on HDFC Life Insurance Co (CMP: 625)

Maintain Buy, target cut to 790 from 800

Mon, Oct 16, 2023, 07:55 AM

Stock Market LIVE: Important trigger for the market today

  • Tension of war, crude jumps above $90
  • Gold shines, price rises 3% to $1930
  • Dow rose 39 points, Nasdaq fell 167 points
  • HDFC Bank and Federal Bank results will come

Mon, Oct 16, 2023, 07:47 AM

Stock Market LIVE: PVR Inox

  • Monthly subscription pass ‘PVR Inox Passport’ launched for Rs 699 from today
  • You will be able to watch 10 movies every month through subscription pass.
  • ‘PVR Inox Passport’ has to be subscribed for at least 3 months
  • Subscription can be taken through the company’s app or website.
  • Offer is from Monday to Thursday
  • Premium offerings like IMAX, Gold, luxe and Director’s Cut out

Mon, Oct 16, 2023, 07:14 AM

Stock Market LIVE: Q2 results will come today

  • HDFC Bank
  • Federal Bank
  • Cyient DLM
  • ICICI Securities
  • NELCO
  • Karur Vysya Bank
  • Ceat
  • Jio Financial Services
  • Oriental Hotels
  • Selan Exploration Technology
  • Bank of Maharashtra
  • Tinplate Company of India
  • Yatra Online

Mon, Oct 16, 2023, 07:08 AM

Stock Market LIVE: Global Commodity Market

  • Big jump of 6% in oil on Friday
  • Biggest intraday rise since April 2023
  • Biggest weekly strength after 8 months with 7.5% gain
  • Gold rises to $60 on Friday, hits 3-week high
  • Weekly strength of 4.5% in gold, biggest gain since March
  • Dollar index at 1 week high

Mon, Oct 16, 2023, 07:06 AM

Stock Market LIVE: Condition of American Stock Market

  • Mixed action in US amid huge ups and downs
  • Dow slips 300 points from day’s high to close 40 points higher
  • Heavy fall of 1.25% on Nasdaq
  • 10 year bond yield remains near 4.65%
  • Dow gets support from bank shares results
  • Buying into JP Morgan, Wells Fargo after results

Mon, Oct 16, 2023, 07:04 AM

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