Latest Market News Today Live Updates October 23, 2024: Retail sees red as smids lose ₹26 trillion in three weeks

Oct 23, 2024
latest-market-news-today-live-updates-october-23,-2024:-retail-sees-red-as-smids-lose-₹26-trillion-in-three-weeks

14 min read . Updated: 23 Oct 2024, 09:52 AM IST

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Latest Market News Today Live Updates: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

Latest news on October 23, 2024: Olectra Greentech stock surges 6% after net profit jumps 156% YoY in Q2. (PTI)Premium
Latest news on October 23, 2024: Olectra Greentech stock surges 6% after net profit jumps 156% YoY in Q2. (PTI)

Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

23 Oct 2024, 09:52:24 AM IST

Stock Markets Today Live Updates: Olectra Greentech stock surges 6% after net profit jumps 156% YoY in Q2

  • The company posted a 153% increase in consolidated net profit to 48 crore, compared to 19 crore in the same period last year. In the June quarter, net profit was 24 crore. The e-vehicle division, which contributes 80% of the company’s revenue, jumped 75.21% YoY to 482 crore.

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23 Oct 2024, 09:34:48 AM IST

IPO News Today Live Updates: Godavari Biorefineries IPO Day 1: GMP, subscription status, key dates, more. Should you subscribe or not?

  • Godavari Biorefineries IPO opens today, October 23, and runs until October 25. The company raised over 166 crore from anchor investors before the offering. It reserves shares for qualified institutional buyers, non-institutional investors, and retail investors.

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23 Oct 2024, 09:18:24 AM IST

Commodity News Today Live Updates: Gold price today: Rates decline amid rising dollar, US bond yields; experts share strategy for MCX Gold

  • Gold price today: Rates decline amid rising dollar, US bond yields; experts share strategy for MCX Gold

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23 Oct 2024, 09:06:34 AM IST

Stock Markets Today Live Updates: Goldman Sachs turns cautious on Indian stocks, downgrades to ‘Neutral’ on growth concerns

  • Goldman Sachs downgraded Indian equities to ‘neutral’. Analysts express concerns over high valuations and weak earnings. The Nifty 50 has dropped by 5.19% in October so far.

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23 Oct 2024, 08:52:13 AM IST

Stock Markets Today Live Updates: How to navigate volatility amid high valuations of the Indian stock market and dull Q2 earnings? Experts weigh in

  • The Indian stock market faces volatility amid high valuations, poor Q2 earnings, and significant FPI selling. With a 5% decline in October, analysts express concern over potential valuation corrections, urging investors to prioritise safety and maintain a long-term perspective.

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23 Oct 2024, 08:26:27 AM IST

Stock Markets Today Live Updates: Paytm share price in focus after NPCI approval to onboard new UPI users

  • Paytm received NPCI approval for adding new UPI users which paves the way for re-accelerating its dwindling user base and further signaling an easing of regulatory stance, analysts said.

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23 Oct 2024, 08:23:24 AM IST

Stock Markets Today Live Updates: Stocks to Watch: Bajaj Finance, Adani Green, Paytm, Zomato, RITES, and more

  • Here’s a quick look at stocks likely to be in focus in today’s trade.

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23 Oct 2024, 07:29:46 AM IST

Stock Markets Today Live Updates: Nifty 50, Sensex today: What to expect from Indian stock market in trade on October 23

  • Nifty 50, Sensex today: The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading around 24,550 level, a premium of nearly 10 points from the Nifty futures’ previous close.

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23 Oct 2024, 07:12:57 AM IST

Stock Markets Today Live Updates: Indian stock market: 6 key things that changed for market overnight – Gift Nifty, US Treasury yields to gold prices

  • Indian stock market: Gift Nifty was trading around 24,540 level, a premium of nearly 2 points from the Nifty futures’ previous close, indicating a flat start for the Indian stock market indices.

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23 Oct 2024, 07:00:12 AM IST

Stock Markets Today Live Updates: These three beaten-down stocks are prime candidates for a turnaround

  • They all have strong track records, impressive return ratios and solid balance sheets that belie their poor performance of late.

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23 Oct 2024, 06:25:14 AM IST

Stock Markets Today Live Updates: Stock market today: Nifty 50 to Q2 results today, experts recommend five stocks to buy or sell on Wednesday — October 23

  • Stocks market today: Experts have recommended buying Unichem Laboratories, Torrent Power, Infosys, TVS Motor, and Apollo Hospitals.

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23 Oct 2024, 06:17:11 AM IST

Stock Markets Today Live Updates: Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today

  • Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — City Union Bank, Pansari Developers, Saurashtra Cement, Poly Medicure, and Tube Investments of India.

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23 Oct 2024, 06:12:41 AM IST

Stock Markets Today Live Updates: Stocks to buy or sell: Vaishali Parekh recommends three shares for Wednesday — Oct 23

  • Stocks to buy or sell: Vaishali Parekh has recommended these three shares for intraday trading on Wednesday — Tata Power, REC, and Poly Medicure.

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23 Oct 2024, 06:11:47 AM IST

Stock Markets Today Live Updates: Stock market today: Bandhan Bank, GNFC, Indiamart among 12 stocks in F&O ban list on October 23

  • Aarti Industries, Bandhan Bank, Birlasoft, Chambal Fertilisers, GNFC, India Energy Exchange, Indiamart, L&T Finance, Manappuram Finance, Piramal Enterprises, PNB, and RBL Bank are the twelve stocks on the NSE’s F&O ban list on October 23.

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23 Oct 2024, 05:00:08 AM IST

Stock Market News Today Live Updates: RBI, ESMA near solution for bond settlement; resolution may include appointing third-party dealer

  • In October 2022, the ESMA derecognized the Clearing Corporation of India Ltd. (CCIL), which provides clearing and settlement services for trades in Government Securities, citing concerns over regulatory oversight.

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23 Oct 2024, 04:06:25 AM IST

Stock Markets Today Live Updates: Retail sees red as smids lose ₹26 trillion in three weeks

  • Experts attribute the downturn to sluggish economic indicators, FPI outflows, and rising bond yields, affecting smids more severely.

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