Produced by: Prashanti Moktan
Designed by: Mohsin Shaikh
Torrent Pharmaceuticals, PNB Housing Finance, Mahindra Holidays & Resorts India Limited (MHRIL), NDTV, Mahindra Logistics, Lloyds Metals And Energy Ltd, Aurum Proptech Ltd and Atishay Limited are among companies that will release their Q2 earnings for July-September 2023 today (October 23)
On Door Concepts IPO is set to open for subscription today (October 23) and close on October 27. The SME IPO On Door Concepts IPO price has been set at Rs 208 per share. On Door Concepts shares will list on the NSE SME platform with the tentative listing date of November 9
Flight services at Thiruvananthapuram Airport in Kerala will be temporarily suspended today (October 23) for five hours. There will be no flight services from 4 pm to 9 pm in order to facilitate the Alpassi Arattu Procession by Sree Padmanabhaswamy Temple
“Amidst volatility and choppy trading, markets received fresh drubbing and ended lower. Markets witnessed pessimism due to hawkish comments from the US Fed chairman, which indicated that rate hike would continue to combat inflation. Benchmark indices also stayed vulnerable amidst simmering Middle-East geopolitical tensions. Technically, Nifty could find support at the 19,501 mark, while any uptick would be seen only if the index breaches its biggest hurdle at the 19,887 mark,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd
“The Indian stock market ended in the red amidst negative global cues with Sensex shedding 250 pts and Nifty 85 pts… The current outlook is grim, with immediate support pegged at 19,500. If the index falls below this level, it might plummet further into the range of 19,150 to 19,000… Considering the current state, it's not advisable to open new positions in Nifty," said Shrey Jain, Founder and CEO, SAS Online
"The Bank Nifty index is stuck in a fierce battle between bullish and bearish forces, with the 43,500 level being the tipping point. A breach below this mark is expected to trigger even more selling pressure in the market. Considering the current state, it's not advisable to open new positions in Bank Nifty,” said Shrey Jain, Founder and CEO, SAS Online
“We anticipate bullish momentum will continue in gold prices. Comex spot gold has immediate resistance at $1994. A move above the $1994 level will open further upside to $2010/$2025. On the flip side, $1959 acts as short-term support. The MCX Gold December future has resistance at Rs. 60900/61300 and support at Rs. 60180,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
“We believe crude oil prices in the short term will remain volatile amid the war in the Middle East. From a technical perspective, crude oil supply is likely to be seen near the 7580 zone, while the 7225 acts as a good demand area. NYEMX WTI crude oil has resistance at $91.50 and support at $87.80,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
Vivo Y200 5G is set in India today (October 23). Vivo’s latest smartphone is expected to be available in a single 8GB RAM and 128GB of storage variant. Vivo Y200 5G price is expected to be Rs 21,999, as per Appauls
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today