Sensex Today | Live Updates on the Share Market: Sensex and Nifty to rise at opening; Gift Nifty is moving higher

 Sensex Today | Live Updates on the Share Market: Sensex and Nifty to rise at opening; Gift Nifty is moving higher

Sensex Today | Updates on the Stock Market: NSE data shows that FIIs continued to sell Indian businesses on Monday, resulting in an outflow of ₹1,761.86 crore. According to exchange statistics, DIIs purchased stocks for ₹1,328.47 crore net.

As markets believed a regional catastrophe may still be averted and Israel reported that its troops had killed scores of Hamas terrorists in hostilities in Gaza, global oil prices plummeted on Monday.

Key statistics on consumer confidence and the American labor situation are anticipated by investors worldwide. On Wednesday, the Federal Reserve will make its next announcement about interest rates.

October 31, 2023, 7:29:08 AM IST

Sensex Live Today: Q2 Results for TVS Motor: Revenue increases 13% while net profit jumps 32% to ₹537 crore.

TVS Motor Company's September 2023 quarterly results showed a significant uptick. As to the most recent stock regulatory filing, the company's net profit for the second quarter of FY2023–24 increased by a significant 32% to ₹537 crore from ₹408 crore in the same period of FY 2022–23.

In addition, the company reported an impressive 13% increase in operational revenue, with September quarter FY 2023–24 totaling ₹8,145 crore compared to ₹7,219 crore in Q2 of the previous year.

Furthermore, in the second quarter of FY2023–24, TVS Motor Company's operational EBITDA saw a notable upturn, increasing by 22% to ₹900 crore, exceeding the EBITDA of ₹737 crore recorded in Q2 FY 2022–23.

October 31, 2023, 07:27:01 AM IST

Sensex Live Today | Updates on the Stock Market: Wall Street recovers some of its losses after dropping 10% from its peak during the summer.

Ahead of a week that may see more significant fluctuations in the financial markets, Wall Street recovered some of its recent steep losses on Monday.

Important indicators on consumer confidence and the US labor situation are anticipated by investors. On Wednesday, the Federal Reserve will make its next interest rate announcement.

The S&P 500 closed at 4,166.82, up 49.45 points, or 1.2%. It was the first trading day after a decline of more than 10% in the benchmark index from the year's peak.

At 32,928.96 points, the Dow Jones Industrial Average increased by 511.37 points, or 1.6%. To 12,789.48, the Nasdaq composite increased by 146.47, or 1.2%.

According to FactSet, more than three of every four S&P 500 businesses reported higher profits for the most recent quarter than Wall Street had anticipated. Approximately half of the reports have been released, and S&P 500 businesses seem to be on course to generate profit increase for the first time in a year. AssistAP