Gift Nifty Down 121 Points | Apollo Hospital & Hi-Tech Pipes Q2 Results | Airtel extends Network to Galwan | Top Buzzing Stocks Today

Thu, 7 Nov Pre-Open

   Previous Close   

   10:30 am   

   Closing   

Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.

Benchmark equity indices BSE Sensex and Nifty 50 extended their gains following a higher open on Wednesday, as trends showed Donald Trump leading the race to become the next US President.

At the closing bell on Wednesday, the BSE Sensex stood higher by 901 points (up 1.1%).

Meanwhile, the NSE Nifty closed higher by 273 points (up 1.1%).

Adani Enterprises, TCS and Wipro were among the top gainers.

Titan, IndusInd Bank and Trent on the other hand, were among the top losers.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE MidCap index ended 2.3% higher and BSE SmallCap index ended 1.9% higher.

Sectoral indices were trading positive with socks in media sector, IT sector and oil & gas sector witnessing most buying speer.

Gold prices for the latest contract on MCX were trading 0.4% lower at Rs 78,179 per 10 grams at the time of Indian market closing hours on Wednesday.

At 7:35 AM today, the Gift Nifty was trading 121 Points lower at 24,451 levels.

Indian share markets are headed for a negative start today following the trend on Gift Nifty.

Speaking of the stock market, is a high ROE really the ultimate indicator for investment success?

Discover the truth behind ROE in the latest video by Rahul Shah, Co-Head of Research at Equitymaster.

Watch now.

Top buzzing stocks today

Triveni Engineering share price will be in focus today.

Shares of Triveni Engineering and Industries dropped as much as 5% on 6 November, weighed down by the company's dismal earnings performance for the July-September quarter.

The company reported a consolidated net loss of Rs 224 m for the September quarter, a sharp downturn from a net profit of Rs 291 m in the same period last year, due to subdued profitability in its sugar and alcohol businesses.

RITES will also be a top buzzing stock.

Shares of RITES rose around 2% after the PSU announced securing a significant order from Delhi Metro Rail Corporation Limited (DMRC) for retrofit work on RS-1 trains.

The contract was awarded via a letter of acceptance (LOA) received on November 5, following RITES emerging as the lowest bidder in a DMRC tender issued on 26 September.

Apollo Hospital Q2 Results

Apollo Hospitals on Wednesday reported a 59% rise in its consolidated net profit at Rs 3.9 bn in the September 2024 quarter on the back of increased demand for its healthcare services.

It had reported a net profit of Rs 2.5 bn during the July-September period of the preceding 2023-24 fiscal.

The revenue of the company increased to Rs 55.9 bn in the reporting period from Rs 48.5 bn a year ago.

The Earnings before interest, taxes, depreciation and amortization (EBITDA) were reported at Rs 8.2 bn, while the margin was at 14.1%.

The Chennai-based hospital chain reported a total of 7,994 operational beds as of the end of September. Its overall occupancy increased to 73% in the second quarter, compared to 68% during the same period last year.

Apollo Hospitals is Asia's foremost integrated healthcare services provider and has a robust presence across the healthcare ecosystem, including hospitals, pharmacies, primary care and diagnostic clinics, and several retail health models.

The company operates within three segments namely healthcare, diagnostics, and digital health and pharma.

Airtel extends Network to Galwan

Leading telecom player Bharti Airtel has launched its network in Galwan and Daulat Beg Oldie (DBO) region, in Northern Ladakh, in association with the Indian Army.

DBO is the northern-most military outpost in the border town, and the last campsite before the Karakoram pass in northern Ladakh, currently serving as a military base with an airstrip for the Indian Air Force.

It falls on the historic trade route between Ladakh and the Tarim Basin. The Line of Actual Control with China is five miles to the east, in Aksai Chin.

Bharti Airtel said it has installed 17 mobile towers across Kargil, Siachen, Galwan, Daulat Beg Oldie (DBO) and the Changthang regions, helping extend connectivity to Ladakh's remote villages.

Airtel said it worked with the Leh Signallers to execute this challenging task. The Leh Signallers are part of the Indian Army's Corps of Signals, responsible for managing and running the army's communication networks in the region.

Airtel has been looking to award contracts for fresh telecom equipment for 4G and 5G services to expand and deepen its network across India and also looking to convert 2G users to 4G.

Bharti Airtel Limited is a leading telecommunication company globally.

The company is among the most trusted providers of ICT services with a global network across the USA, Europe, Africa, Middle East, Asia-Pacific, India, and SAARC regions.

Hi-Tech Pipes Q2 Profit Jumps 72%

Hi-Tech Pipes on Wednesday posted a 72% increase in its consolidated net profit, reaching Rs 181.1 m for the second quarter, driven by reduced expenses.

Steel products manufacturer had recorded a net profit of Rs 105.2 m for the same period in the previous fiscal, it informed the stock exchanges on Tuesday.

Total income for the quarter dipped to Rs 7.1 bn, compared to Rs 7.5 bn in the July-September period of the preceding fiscal year, 2023-24.

The company's expenses also saw a decline, dropping to Rs 6.8 bn from Rs 7.3 bn a year earlier.

However, Bansal noted that revenue from operations was impacted by a 5.3% decrease, mainly due to a significant drop in raw material prices.

Additionally, he highlighted the strong response to the company's Rs 5 bn qualified institutional placement (QIP) from institutional investors.

Hi-Tech Pipes operates six integrated manufacturing facilities with a combined installed capacity of 7,50,000 metric tonnes per year.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers