Share Market: These shares can show tremendous action in the market today, make preparations immediately

stock market

Share Market: Tuesday was Vijayadashami holiday in the Indian stock market. In such a situation, after a break, the market is likely to see a rise today. At 7:40 am, GIFT Nifty was at 19,310, up 41 points from the previous close of Nifty futures, amid an overnight fall in US Treasury yields and oil prices. In Asia, the index is showing a mixed trend. Hong Kong’s Hang Seng was up 2 percent, Japan’s Nikkei was up 1 percent, but major indices of Australia and South Korea fell by 0.35 percent. Overnight, the Dow Jones Industrial Average rose 0.62 percent, the S&P 500 rose 0.73 percent, and the Nasdaq Composite climbed 0.93 percent. Meanwhile, experts are of the opinion that a rise may be seen in the Indian market today.

Share Market

Today the results of Q2FY24 of many companies are going to be released. These include Axis Bank, Tech Mahindra, Indus Towers, Jubilant Foodworks, Sona BLW Precision Forgings, Sonata Software, Lakshmi Machine Works, Welspun India, Chalet Hotels, Chennai Petroleum Corp, Responsive Industries, CMS Info Systems, Share India Securities, Rallis Bharat, Shanti Gears, Bannari Amman Sugars, Gulf Oil Lubricants India, Swaraj Engines, TV18 Broadcast, Network18 Media and Investments etc.

Kfin Technologies

Kfin Technologies: If there are redeemable preference shares then the company will not proceed with buyback till further notice Joint Director, Enforcement Directorate, Hyderabad Zonal Office has issued notice to Adhiraj Parthasarathy, in which ED has provisionally attached RPS Is.

Delta Corp

Delta Corp: The Bombay High Court has directed the Directorate General of GST Intelligence, Hyderabad, not to pass final orders on the tax notice of Rs 16,195 crore against Delta Corp without prior permission of the court.

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Vedanta: Ajay Goyal, former chief financial officer (CFO) of Indian edtech startup Byju’s, will return as CFO of Vedanta from October 30 following the resignation of Sonal Srivastava.

JSW Steel

JSW Steel: It plans to set up a green steel manufacturing facility by 2030 as part of its response to the European Union (EU) Carbon Border Adjustment Mechanism (CBAM).

power mech projects

Power Make Projects: The Fund Raising Committee has approved the issue and allotment of 9,01,789 equity shares worth Rs 350 crore to 17 qualified institutional buyers. PNB Housing Finance: Its net profit for Q2FY24 rose 45.9 per cent year-on-year (YoY) to Rs 383 crore, while revenue from operations rose 5.5 per cent to Rs 1,777.8 crore.

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