Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Sensex Trades Marginally Higher, Dow Futures Trade Flat
Mon, 25 Oct 12:30 pm

Sensex Trades Marginally Higher, Dow Futures Trade Flat

Share markets in India are presently trading marginally higher.

The BSE Sensex is trading up by 218 points, up 0.4%, at 61,039 levels.

Meanwhile, the NSE Nifty is trading up by 39 points.

ICICI Bank and Axis Bank are among the top gainers today. Wipro and Divi's Lab are among the top losers today.

The BSE Mid Cap index is trading down by 1.5%.

The BSE Small Cap index is trading down by 1.6%.

On the sectoral front, stocks from the real estate sector are witnessing most of the selling pressure.

On the other hand, stocks from the banking sector are witnessing most of the buying interest.

US stock futures are trading mixed today.

Nasdaq Futures are trading up by 36 points (up 0.2%) while Dow Futures are trading down by 5 points (flat)

The rupee is trading at 75.03 against the US$.

Gold prices are trading up by 0.3% at Rs 47,921 per 10 grams.

--- Advertisement ---
Automobile Sector's Colossal Disruption Could Make You a Fortune

During any major disruption in a sector, fortunes are created.

And now, we are at the cusp of a major disruption that the automotive sector will experience.

It is the electric vehicles gold rush.

At Equitymaster, we have unearthed a hidden way to ride the 15x EV opportunity so that you could take home potentially life-changing gains in the long run.

You can get all details of the hidden way in our upcoming special online event.

YES, Register Me for FREE

Gold prices were steady in Indian markets today after cutting gains in the prior session on US Federal Reserve chief Jerome Powell's comment that inflation could ease next year and the central bank was on track to start tapering its stimulus.

On MCX, gold contracts were up 0.2% at Rs 47,898 per 10 grams.

Last week, gold and silver prices were up due to pressure seen in the dollar index. The trend is likely to continue this week as well.

Speaking of the precious yellow metal, how lucrative has gold been as a long-term investment in India?

The chart below shows the annual returns on gold over the last 15 years...

As you can see, barring just two years - 2013 and 2015, gold has delivered positive returns in 13 of the last 15 years.

The recent price volatility in the bullion market has rattled many traders. Even with the recent volatility in prices, gold remains among the best performing commodities this year to combat the fallout from the coronavirus pandemic.

To know more about gold, check out our article on how to invest in gold here: How to Invest in Gold?

FREE Event: Discover Your First Stock for a Potential Rs 7 Crore in Long-term Wealth

Moving on to stock-specific news...

Among the buzzing stocks today is Federal Bank.

Shares of Federal Bank were up 2% on the exchanges after the bank reported a near 50% jump in net profit for the September 2021 quarter on lower provisions and improvement in asset quality.

The bank's net profit came in at Rs 4.6 bn compared to Rs 3.1 bn in the year-ago period. Provisions fell 54% YoY to Rs 2.5 bn which helped the net profit surge.

The bank's asset quality improved on a sequential basis as the gross non-performing assets ratio came in at 3.24% for the September quarter as compared to 3.50% a quarter ago.

Its net NPA ratio also improved marginally to 1.12% as against 1.23% earlier.

The lender's net interest income, the difference between interest earned and interest expended, rose about 7% at Rs 14.8 bn. Net interest margins also rose to 3.2% from 3.1%.

However, the total income of the bank fell about 3% year on year (YoY) to Rs 38.3 bn from Rs 39.4 bn in the September 2020 quarter.

--- Advertisement ---
3 "Super Smallcaps" You Didn't Know About

You may not have heard of these 3 "super smallcaps" ever before...

The mainstream press doesn't cover them... Most brokers don't know about them either...

Stocks like these 3 "super smallcaps" only come to your notice when they have rallied by hundreds or even thousands of percent... and are all over the news!

Richa revealed it all during her Super Smallcaps Summit

If you missed this event for some reason, then you can watch the special replay of this event.

Click Here to Watch the Replay...

How the bank performs in the next quarter remains to be seen. Meanwhile, stay tuned for more updates from this space.

At the time of writing, Federal Bank shares were trading up by 1% on the BSE.

Speaking of the stock markets, India's #1 trader, Vijay Bhambwani talks about how to know if your stock will fall, in his latest video for Fast Profits Daily.

Moving on to news from the smallcap space...

Minda Industries to Hike Stake In Strongsun Renewables

Minda Industries on Saturday announced that its investment committee has approved the second tranche of investment in Strongsun Renewables

The transaction is expected to be completed on or before 6 November 2021.

With this acquisition, Minda Industries will hold a 28.1% stake in the company.

The acquisition of the shares is for availing solar power for its manufacturing units situated at Maharashtra.

Minda Industries is a flagship Company of UNO MINDA Group, which manufactures automobile components for original equipment manufacturers (OEMs).

On a consolidated basis, the company reported a net profit of Rs 299 m in the June 2021 quarter. It had posted a net loss of Rs 1.4 bn in the same period last year.

We will keep you posted on more updates from this space. Stay tuned.

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

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Sensex Trades Marginally Higher, Dow Futures Trade Flat". Click here!


Stock Market Updates

Sensex Jumps 500 Points, Nifty Above 17,100; Metal & Automobile Stocks Rally (Today's Market)

Dec 1, 2021 10:30 am

Indian share markets trade firm with the Sensex up by 554 points, while the Nifty is trading higher by 151 points.

SGX Nifty Up 51 Points, India's Fiscal Deficit, Anand Rathi Wealth IPO, and Buzzing Stocks Today (Today's Market)

Dec 1, 2021 Pre-Open

Top cues to track in today's stock market session.

View More Indian Share Market News

Most Popular

Infosys vs TCS: Which is Better?(Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake(Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks(Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

How to Find Your Next 10-Bagger in this Market(Profit Hunter)

Nov 19, 2021

The #1 make or break factor in your portfolio you shouldn't ignore.

MobiKwik IPO Opens for Subscription Soon. Key Things to Know Before Subscribing.(Views On News)

Nov 20, 2021

The Rs 19 bn issue is set to hit the market soon.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Dec 1, 2021 (Close)