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Sensex Today | Share Market Live Updates: Sensex, Nifty to remain under caution; Gift Nifty marginally higher

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Sensex Today | Share Market Updates: FIIs on Tuesday sold stocks of Indian companies and there was an outflow 696.02 crore, according to NSE data. DIIs bought equity that had liquidity 340.25 crore, the exchange data showed.

Oil edged higher after plunging more than 5% in the first two days of the week due to the ongoing Israel-Hamas war as attention shifted to a backdrop of shaky global demand.

Much of the global market is focused on what is to come on Wednesday when the Federal Reserve will make its latest interest rate announcement. The Fed has said it will make future moves based on inflation and job market data.

01 November 2023, 07:39:35 AM IST

Sensex Today: L&T Q2 Results Highlights: Net profit rises 45% to ₹ 3,222 crore, order book rises 72% YoY

Larsen & Toubro (L&T), the well-known engineering and construction conglomerate, recently disclosed its financial results for the second quarter of FY24. There was a significant 19% increase in income from operations in the company, which amounted to 51,024 crore, mainly attributed to improved execution of its extensive order book.

In addition, L&T’s net profit grew significantly by 45%, achieving 3,222 crore in the second quarter of the current fiscal year, as compared to 2,228 crore reported during the corresponding period in the previous year. (Read More)

01 November 2023, 07:37:14 AM IST

Sensex Today Live: Bharti Airtel Q2 Results: Net profit down 37% YoY at ₹ 1,341 crore, ARPU rises to ₹ 203

According to the recently released financial results, Bharti Airtel has reported a net profit of 1,341 crore in the second quarter of the fiscal year 2023-24 (Q2FY24). This figure represents a 37% reduction compared to the 2,145.2 crore recorded in the same period of the previous year. The company’s financial report, announced on October 31, also highlighted an improvement in average revenue per user (ARPU) which rose 203 during the quarter under review, up from 190 in the corresponding period of the previous fiscal year.

In addition, Bharti Airtel reaped revenue 34,527 crore in the September 2023 quarter, representing an increase of 7% from 37,044 crore earned during the same period last year. (Read More)

01 November 2023, 07:29:38 AM IST

Sensex Today Live | Share Market Updates: Wall Street rises to soften blow of 3rd straight month of losses

Wall Street rose on Tuesday to take some of the edge off another losing month.

The S&P 500 gained 26.98, or 0.6%, to 4,193.80, a day after clawing back a bigger chunk of its losses for October. The Dow Jones Industrial Average added 123.91, or 0.4%, to 33,052.87, and the Nasdaq composite climbed 61.75, or 0.5%, to 12,851.24.

Most stocks finished as indexes traded between small gains and losses this morning, and more than 80% of stocks in the S&P 500 strengthened.

The 10-year Treasury yield ticked higher to 4.90% from 4.89% late Monday, and much of Wall Street is focused on what’s to come Wednesday afternoon. That’s when the Federal Reserve will make its latest interest rate announcement. (AP)

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