{"id":40497,"date":"2024-10-29T08:47:53","date_gmt":"2024-10-29T03:17:53","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=40497"},"modified":"2024-10-29T08:47:53","modified_gmt":"2024-10-29T03:17:53","slug":"gift-nifty-indicates-a-positive-start-for-the-indian-stock-indices-the-us-markets-ended-higher-the-asian-markets-traded-mixed","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-positive-start-for-the-indian-stock-indices-the-us-markets-ended-higher-the-asian-markets-traded-mixed\/","title":{"rendered":"Gift Nifty indicates a positive start for the Indian stock indices; The US markets ended higher; The Asian markets traded mixed"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"40497\" class=\"elementor elementor-40497\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-58e51ea8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"58e51ea8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a9f4046\" data-id=\"a9f4046\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d7a0c14 elementor-widget elementor-widget-text-editor\" data-id=\"d7a0c14\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>PRE-MARKET REPORT<\/strong><\/span><\/p><p><span style=\"color: #000000;\">The domestic equity market indices Sensex and Nifty 50 are expected to open higher on Tuesday, following largely positive global market cues.<\/span><\/p><p><span style=\"color: #000000;\">Gift Nifty was trading around the 24,390 level, a premium of nearly 40 points from the Nifty futures\u2019 previous close, indicating a positive start for the Indian stock market indices.<\/span><\/p><p><span style=\"color: #000000;\">The US stock market ended higher ahead of a packed week of earnings from megacap companies. The Dow Jones Industrial Average gained 273.17 points, or 0.65%, to 42,387.57, while the S&amp;P 500 rose 15.4 points, or 0.27%, to 5,823.52. The Nasdaq Composite ended 48.58 points, or 0.26%, higher at 18,567.19.<\/span><\/p><p><span style=\"color: #000000;\">Asian markets traded mixed on Tuesday. Japan\u2019s Nikkei 225 was flat, while the Topix gained 0.3%. South Korea\u2019s Kospi fell 0.4%, and the Kosdaq declined 0.41%. Hong Kong\u2019s Hang Seng index futures indicated a higher opening.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32f4116d elementor-widget elementor-widget-text-editor\" data-id=\"32f4116d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-40498 size-large\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/10\/FII-MARKET-1-6-1024x1024.jpg\" alt=\"\" width=\"1024\" height=\"1024\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/10\/FII-MARKET-1-6-1024x1024.jpg 1024w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/10\/FII-MARKET-1-6-300x300.jpg 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/10\/FII-MARKET-1-6-150x150.jpg 150w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/10\/FII-MARKET-1-6-768x768.jpg 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/10\/FII-MARKET-1-6-450x450.jpg 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/10\/FII-MARKET-1-6-780x780.jpg 780w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/10\/FII-MARKET-1-6.jpg 1201w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p><p><span style=\"color: #000000;\"><strong>STOCKS TODAY<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong>Tata Power:<\/strong> The company has executed a Share Purchase Agreement with Khorlochhu Hydro Power (KHPL) to acquire a 40% stake in KHPL for Rs 830 crore. The investment will be made in one or more tranches in the equity stake of KHPL.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Bharti Airtel:<\/strong> Bharti Airtel reported a remarkable 168 percent increase in its consolidated net profit for the quarter ended September 2024, reaching \u20b93,593 crore, compared to \u20b91,341 crore in the same quarter of the previous year. The average revenue per user (ARPU) for the quarter stood at \u20b9233, a rise from \u20b9203 in Q2 FY24, reflecting a 15 percent year-on-year increase. The company\u2019s revenue from operations surged to \u20b941,473 crore, marking a 12 percent growth from \u20b937,044 crore reported in the corresponding quarter last year.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Adani Power:<\/strong> Adani Power reported a significant 50 percent decline in its consolidated net profit for the quarter ended September 2024, amounting to \u20b93,298 crore, down from \u20b96,594.17 crore in the previous year. However, revenue from operations rose by 3 percent to \u20b913,339 crore, compared to \u20b912,991 crore in the same quarter last year.<\/span><\/p><p><span style=\"color: #000000;\"><strong>BHEL:<\/strong> Bharat Heavy Electricals Limited (BHEL) announced a consolidated net profit of \u20b9106 crore for the September quarter, rebounding from a loss of \u20b963 crore in the same period last year. Revenue from operations soared by 28 percent to \u20b96,584 crore, up from \u20b95,125.29 crore reported a year earlier. Notably, BHEL returned to profitability after reporting a loss of \u20b9211.40 crore in Q1 FY25.<\/span><\/p><p><span style=\"color: #000000;\"><strong>HDFC Bank:<\/strong> American multinational Citigroup sold HDFC Bank shares worth \u20b9275 crore through an open market transaction on Monday. Citigroup Global Markets Mauritius, acting on behalf of Citigroup, disposed of 1,579,953 shares of HDFC Bank at an average price of \u20b91,742.60 each, amounting to \u20b9275.32 crore. Ghisallo Master Fund LP acquired these shares at the same price.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Sun Pharma:<\/strong> Sun Pharma achieved a 28 percent year-on-year increase in net profit, totaling \u20b93,040 crore in Q2 FY25, driven by robust sales growth in its domestic formulation and global specialty portfolios. This compares to a net profit of \u20b92,375.5 crore in the same quarter last year. Revenue rose by 10.5 percent year-on-year, reaching \u20b913,264 crore in Q2 FY25.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6df6fb5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6df6fb5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a2f916b\" data-id=\"a2f916b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f3228c4 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"f3228c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/instakyc.flattrade.in\/Signup\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Open Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"PRE-MARKET REPORT The domestic equity market indices Sensex and Nifty 50 are expected to open higher on Tuesday,&hellip;","protected":false},"author":5,"featured_media":37952,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[42],"tags":[46,48,692,693,47],"class_list":{"0":"post-40497","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-morninger","8":"tag-market-news","9":"tag-nifty-today","10":"tag-opening-bell","11":"tag-pre-market","12":"tag-sensex-today","13":"cs-entry","14":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gift Nifty indicates a positive start for the Indian stock indices; 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