📌Cochin Shipyard posted a net profit of Rs 189 crore in the second quarter. 📌AB Fashion reported a net loss of Rs 215 crore in the September quarter. 📌SAIL reported a net profit of Rs 897 crore in the quarter ended September 2024. 📌Indian Hotels posted a net profit of Rs 554 crore in the September quarter. 📌Astral reported a net profit of Rs 109 crore in the quarter ended September 2024.
Open Flip📌GIFT Nifty signals a muted start. India VIX rose 0.49% to settle at 14.94 levels. 📌U.S. stocks closed higher on Thursday, after the Federal Reserve announced a cut of 25 bps in interest rates. 📌FPIs turned net sellers at Rs 4,889 crore on Wednesday. 📌DIIs bought shares worth Rs 1787 crore. 📌The rupee slipped 1 paisa to close at a fresh lifetime low of 84.32 against the US dollar on Thursday.
Open FlipIndia is expected to receive net inflows of around $2.5 billion from overseas passive funds when the global index provider MSCI rebalances its index on November 25. In an announcement on Thursday, MSCI said it has added five stocks - BSE, Voltas, Alkem Laboratories, Kalyan Jewellers, and Oberoi Realty - to its Global Standard Index.
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