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PRE MARKET
Gift Nifty indicates a negative start for the broader index in India, with a loss of 45 points or 0.18 percent. The Nifty futures were trading around the 24,965.50 level.
The Nasdaq and S&P 500 slid on Tuesday, driven by tech stocks, as investors gear up for what Federal Reserve chair Jerome Powell will say about the path of interest rates at a key conference later in the week.
The Dow Jones Industrial Average rose 10.45 points, roughly flat, to 44,922.27, the S&P 500 lost 37.78 points, or 0.59%, to 6,411.37 and the Nasdaq Composite lost 314.82 points, or 1.46%, to 21,314.95.
Shares in Asia fell on Wednesday, weighed down by a tech-led selloff on Wall Street, while the dollar gained some ground ahead of a key meeting of central bankers later in the week.
Japan’s Nikkei, the Taiwanese weighted index, and Hong Kong’s Hang Seng went down 1.57, 1.56, and 0.67 percent, respectively.
STOCKS TODAY
Lloyds Metals & Energy
The company has emerged as the successful bidder for the Tandsi-III and Tandsi-III Extension coking coal mine, securing the project with a premium of 10.5%. Located on the Madhya Pradesh–Maharashtra border, the mine spans an area of approximately 338 hectares and holds estimated total reserves of 23 million metric tonnes.
Info Edge India
Chintan Thakkar has resigned as Whole-time Director & Chief Financial Officer of the company to pursue another career opportunity in a different trajectory. His resignation will be effective from November 19, 2025.
CCL Products
The company has agreed to acquire a 26% stake in Mukkonda Renewables, a subsidiary (SPV) promoted by Ecoren Energy India, for Rs 9.57 crore. This investment will provide the company access to approximately 7.9 MW of renewable wind and solar energy.
Phoenix Mills
The Competition Commission of India (CCI) has approved the proposed arrangement to provide an exit to Canada Pension Plan Investment Board (CPP Investments) from its 49% equity shareholding in the company’s material subsidiary, Island Star Mall Development, subject to shareholder and other necessary regulatory approvals.
Endurance Technologies
The company has evaluated and approved capacity addition in its ABS, disc brake systems, and brake disc segments, with an investment of Rs 135.6 crore. The capacity expansion is expected to be completed in the fourth quarter of FY26.
Source – Moneycontrol