Wednesday, October 18, 2023

Today Stock Market News @ 3.22 PM - 18.10.2023

Today Stock Market News @ 3.22 PM - 18.10.2023


Today Stock Market News 
Today Stock Market News @ 3.22 PM - 18.10.2023
Today Stock Market News 

* 7:24 AM IST : Wall Street ends mixed, US Treasury yields spike on robust data, solid earnings
* 7:27 AM IST : Asian market were trading lower on Wednesday with Nikkei, Hang Seng, Straits
           Times down 0.5 percent each
* 7:29 AM IST : USFDA classifies Biocon's insulin manufacturing unit as OAI
* 7:35 AM IST : Govt cuts windfall tax on domestic crude export of diesel ATF
* 7:41 AM IST : Oil prices jump 2% on supply worries after large US stock drawdown
* 7:49 AM IST : China Q3 GDP growth at 1.3% QoQ and 4.9%, YoY
* 7:53 AM IST : Bajaj Finance Q2 consolidated net profit rises 28% to Rs 3,551 crore
* 7:57 AM IST : Hero MotoCorp arm Hero FinCorp picks 8 i-banks for mega IPO of around Rs 4,000 crore
* 7:59 AM IST : Wipro Q2 revenue may slip due to delay in deal conversions; net profit may ride on stable margins
* 8:08 AM IST : Dollar steadies while yields rise; eyes on Mideast risks, China data
* 8:15 AM IST : Gold climbs as safe-haven bid intact on Middle East tensions
* 8:22 AM IST : Happiest Minds Technologies Q2 profit at Rs 58.46 crore
* 8:34 AM IST : IndusInd Bank Q2 profit may rise 14% YoY on stable asset quality
* 8:37 AM IST : BLS International bags visa outsourcing contract for Slovakia
* 8:44 AM IST : IRM Energy IPO to open today for subscription
* 8:48 AM IST : Govt proposes to sell up to 7% stake in HUDCO via OFS
* 8:53 AM IST : CIE Automotive India Q2 results: Net profit more than doubles to Rs 375 crore
* 8:56 AM IST : RBI imposes monetary penalty on ICICI Bank, Kotak Mahindra Bank
* 8:59 AM IST : Glenmark Pharma launches triple-drug FDC of Teneligliptin
* 9:17 AM IST : Bajaj Finance Q2 profit grows 28% to Rs 3,551 crore, number of new loans booked
           up 26%
* 9:19 AM IST : Government to sell up to 7% stake in HUDCO via offer for sale, floor price at
           Rs 79 per share
* 9:20 AM IST : Mazagon Dock Shipbuilders signs contract worth Rs 310 crore with
                Ministry of Defence
* 9:21 AM IST : Bajaj Electricals bags service contract worth Rs 347.3 crore from Power
           Grid Corporation of India
* 9:26 AM IST : L&T Technology Services Q2 profit rises 1.4% QoQ to Rs 315.4 crore
* 9:32 AM IST : Zensar Technologies Q2 profit increases 11.3% QoQ to Rs 173.9 crore as
          EBIT margin grows 40 bps
* 9:37 AM IST : Tata Elxsi Q2 profit rises 5.9% QoQ to Rs 200 crore, revenue grows 3.7%
* 9:39 AM IST : Bet on Newgen Software, Ion Exchange, Talbros Automotive Components
* 9:45 AM IST : VST Industries Q2 profit declines 17.6% YoY to Rs 76 crore with tepid growth
           in topline
* 9:47 AM IST : Your strategy for IRFC, APL Apollo Tubes, SBI Life Insurance today
* 10:06 AM IST : Wipro Q2 revenue may slip due to delay in deal conversions; net profit may ride on                 stable margins
* 10:08 AM IST : L&T Technology Services reports in-line revenue, cuts revenue guidance; stock falls
             4%
* 10:13 AM IST : Biocon slumps 4% after US FDA red flags Malaysia unit
* 10:20 AM IST : IRM Energy IPO to open today: Should you subscribe to the Rs 545.4 crore issue?
* 10:27 AM IST : ICICI Pru sheds 2% as narrow margins, revenue decline weigh: Should you buy,                     hold, or sell?
* 10:30 AM IST : BLS E-Services and Kotak Mahindra Bank join forces to revolutionise Indian                         Banking
* 10:33 AM IST : Lemon Tree shares trade 2% higher after Gujarat hotel deal
* 10:37 AM IST : Exide Industries invests Rs 100 crore in subsidiary, share gains
* 10:39 AM IST : CIE Automotive India trades in green after Q2 net profit zooms 119%
* 10:44 AM IST : Bajaj Electricals gains on bagging Rs 347.3-crore Power Grid project
* 10:51 AM IST : IDFC First Bank, IDFC shares gain as fair trade watchdog clears merger
* 11:07 AM IST : IRM Energy IPO Day 1: Issue subscribed 0.14% times, retail portion booked
             0.2 times so far
* 11:13 AM IST : Exclusive: 11 AGMs among 60 staff suspended by Bank of Baroda over digital
             app row
* 11:20 AM IST : Tejas Networks jumps 2%, scales to record high on FibreConnect partnership
* 11:26 AM IST : MC exclusive: Centre plans OFS in defence, railway, fertiliser, coal PSUs to
             meet minimum public shareholding
* 11:33 AM IST : India Extends Sugar Export Restrictions
* 11:41 AM IST : Arvind appoints Nigam Shah as Chief Financial Officer
* 11:43 AM IST : Auto OEMs with strong pipeline, premium product mix to outperform, says this
             fund manager
* 11:46 AM IST : AnandRathi View on CEAT: Beating Rs 3.9 billion estimate, Ceat’s Q2 FY24                           EBITDA shot up 125% y/y to Rs 4.6 billion
* 11:50 AM IST : Lemon Tree Hotels signs franchise agreement for new hotel in Gujarat
* 11:58 AM IST : CLSA View On Tata Motors-Buy call, target price raised to Rs 803 per share from
             Rs 777 per share
* 12:06 PM IST : Can Fin Homes Q2 profit grows 11.5% YoY to Rs 158 crore
* 12:11 PM IST : CIE Automotive Q3 profit grows 11.4% YoY to Rs 186.7 crore 
* 12:19 PM IST : VST Industries stock sheds 2% on 17.6% decline in Q2 net profit
* 12:21 PM IST : Himadri Speciality Chemical Q2 profit jumps 246% YoY to Rs 101 crore despite                     drop in topline
* 12:24 PM IST : Morgan Stanley On L&T Technology Services-Underweight, target price
             Rs 4,000 per share 
* 12:30 PM IST : HSBC View On ICICI Prudential Life Insurance Company-Buy call, target price cut               to Rs 670 per share from Rs 710 per share 
* 12:33 PM IST : UK inflation stays elevated at 6.7% in September
* 12:35 PM IST : Oil jumps 2% as hospital blast increases Middle East tensions
* 12:38 PM IST : Karur Vysya Bank hits 52-week high on record Rs 378-cr profit: Should you buy
             the stock?
* 12:40 PM IST : Birlasoft appoints Selvakumaran Mannappan as Chief Operating Officer
* 12:45 PM IST : CLSA View On Bajaj Finance-Buy call, target price Rs 9,500 per share 
* 12:54 PM IST : Avenue Supermarts receives tax demand with penalty notice of Rs 3.9 lakh from GST
* 12:57 PM IST : Petromin to set up 1,000 Petromin Express Stations at HPCL retail outlets
              across India in 5 years
* 12:58 PM IST : BSE to invest Rs 30 crore in wholly owned subsidiary
* 1:03 PM IST : RBI imposes monetary penalty of Rs 12.19 crore on ICICI Bank 
* 1:05 PM IST : Nomura View On L&T Technology Services-Reduce call, target price
            Rs 3,450 per share 
* 1:10 PM IST : Kotak Securities signs agreement to sell entire stake in Entroq Technologies to
            Delente Technologies 
* 1:12 PM IST : Mphasis, WorkFusion partner to transform financial crime for enterprises
* 1:14 PM IST : Top gainers and losers on Nifty at mid-day: Cipla, Tata motors up, Bajaj twins down
* 1:16 PM IST : Mahanagar Gas signs joint venture agreement with Baidyanath LNG for LNG business
* 1:20 PM IST : Morgan Stanley View On Tata Elxsi-Underweight call, target price Rs 6,400 per share 
* 1:22 PM IST : Heritage Foods Q2 Earnings-Net profit up 18% at Rs 22.4 crore versus Rs 19 crore
* 1:25 PM IST : Cosmo First commenced implementation of project for manufacture of metallised
           film for capacitors
* 1:26 PM IST : Cabinet approves dearness allowance hike & MSP proposals
* 1:27 PM IST : LTIMindtree Q2 Preview: Muted revenue, shrinking margin, wage hikes to weigh 
           on net profit
* 1:28 PM IST : Bajaj Electricals bags service contract worth Rs 347.3 crore from
           Power Grid Corporation of India
* 1:31 PM IST : HSBC View On Bajaj Finance-Buy rating, target price raised to Rs 9,620 per share
           from Rs 9,500 per share
* 1:38 PM IST : Astra Microwave executes License - cum - ToT agreement between NSIL &
           IN-SPACe to utilize know how relating to MiniSAR: X band Airborne SAR
* 1:40 PM IST : Department of Industrial Safety and Health, Kalyan permits Century Rayon plant to                 restart operations of carbon disulphide refining section
* 1:48 PM IST : Piramal Enterprises' NCD tranche I issue to open on October 19
* 1:50 PM IST : ABB flags slowdown in fourth-quarter revenue, shares slide
* 1:52 PM IST : Wipro Q2 preview: Revenue may slip due to delay in deal conversions; net profit may             ride on stable margins
* 1:59 PM IST : Syngene International Q2 profit rises 14% YoY to Rs 117 crore as revenue surges                      18.5%
* 2:06 PM IST : Exide Industries invests Rs 100 crore in subsidiary Exide Energy Solutions on
            rights basis
* 2:18 PM IST : TCI Express Q2 PAT may dip 6.6% YoY to Rs. 35.3 cr
* 2:28 PM IST : Airtel launches India’s first integrated omni-channel cloud platform for CCaaS                         (Contact Center as a Service)
* 2:32 PM IST : BSE has sought clarification from Orient Cement on news reports saying CK Birla
           tapping Adani for stake sale
* 2:39 PM IST : Polycab India Q2 Results:Net profit up 59% at Rs 429.7 crore versus Rs 270.6 crore
* 2:44 PM IST : InCred View On Bajaj Finance -Add call, target price raised to Rs 9,850 per share
* 2:51 PM IST : Wipro shares under pressure ahead of Q2 numbers
* 2:54 PM IST : Blue Jet Healthcare IPO to open on Oct 25 with no fresh issue component
* 3:04 PM IST : WomanCart IPO sees 29.90 times subscription till final day of bidding
* 3:07 PM IST : Morgan Stanley View On ICICI Prudential Life Insurance Company-Overweight call,             target price cut to Rs 665 per share from Rs 685 per share
* 3:12 PM IST : Morgan Stanley View On Can Fin Homes-Overweight call, target price
           Rs 1,000 per share
* 3:18 PM IST : InCred View On L&T Technology Services-Downgrade to hold, target price
           Rs 4,606 per share 
* 3:22 PM IST : Jefferies View On Bajaj Finance-Buy call, target price raised to Rs 9,470 per share

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