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Today i.e. on October 18, the Sensex is trading at the level of 80,640 with a fall of more than 350 points. There is also a decline of 100 points in Nifty, it is trading at the level of 24,650.
Out of 30 Sensex stocks, 25 are declining and 5 are rising. Out of 50 Nifty stocks, 43 are declining and 7 are rising. All sectors including banking and auto are trading with a decline.
Mixed business for Asian markets
- In the Asian market, Japan's Nikkei is up by 0.38%. Korea's Kospi is trading with a decline of 0.39% and China's Shanghai Composite is trading with a rise of 0.60%.
- On October 17, America's Dow Jones rose 0.37% to 43,239 and Nasdaq closed 0.036% to 18,373. The S&P 500 declined 0.017% to 5,841.
- According to NSE data, foreign investors (FIIs) sold shares worth ₹7,421.40 crore on October 17. During this period, domestic investors (DIIs) bought shares worth ₹ 4,979.83 crore.
Hyundai Motor India's IPO total subscribed 2.37 times
The IPO of Korean car manufacturer Hyundai Motor India was subscribed a total of 2.37 times on the last day. The issue was subscribed 0.50 times in the retail category, 6.97 times in the Qualified Institutional Buyers (QIB) category and 1.11 times in the Non-Institutional Investors (NII) category.
On October 22, the company's shares will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). This initial public offer was opened on 15 October. Read the full news…
There was a decline in the market yesterday
Earlier yesterday i.e. on October 17, the Sensex had fallen by 494 points and closed at the level of 81,006. Nifty also fell by 221 points, it closed at the level of 24,749. At the same time, BSE Small Cap fell by 814 points and closed at the level of 56,589.
Out of 30 Sensex stocks, 21 declined and 9 rose. Out of 50 Nifty stocks, 41 declined and 9 rose. Except the IT sector of NSE, all sectors closed with a decline. Realty sector had fallen the most by 3.76%.
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Infosys profits of ₹6,506 crore in July-September quarter: Revenue up 5% YoY to ₹40,986 crore; Company will give ₹21 dividend per share
India's second largest IT company Infosys has made a profit of Rs 6,506 crore in the second quarter of the financial year 2024-25. There has been an increase of 4.7% on annual basis. The company had made a consolidated net profit of Rs 6,212 crore in the same quarter a year ago.
The company generated revenue of Rs 40,986 crore in the July-September quarter. There has been an increase of 5.1% on annual basis. A year ago i.e. in Q2 FY23-24, the tech company had generated a revenue of Rs 38,994 crore. The money received from selling goods and services is revenue. Read the full news…
