Stock Market Highlights: SENSEX, NIFTY fall amid foreign fund exodus
5 min read | Updated on November 08, 2024, 16:04 IST
SUMMARY
On Friday, the SENSEX and NIFTY settled lower amid continuous foreign fund outflows and weak trends in blue-chip stocks such as Reliance Industries and ICICI Bank. The BSE benchmark SENSEX fell by 55 points to 79,486.3. The NSE Nifty declined 0.21% to 24,148.2.
SENSEX, NIFTY fall amid foreign fund exodus
On Friday, the SENSEX and NIFTY settled lower amid continuous foreign fund outflows and weak trends in blue-chip stocks such as Reliance Industries and ICICI Bank. The BSE benchmark SENSEX fell by 55 points to 79,486.3. The NSE Nifty declined 0.21% to 24,148.2.
November 08, 2024, 16:04 PM
Vedanta swings to black, posts Q2 net profit of ₹4,352 crore
Mining conglomerate Vedanta Ltd on Friday reported a consolidated net profit of ₹4,352 crore in the September 2024 quarter.
However, the company had posted consolidated net loss of ₹1,783 crore in the year-ago period.
November 08, 2024, 15:17 PM
India Cements loss widens to ₹339 cr in Q2
The India Cements Ltd (ICL) on Friday reported widening of consolidated net loss to ₹339.13 crore for the second quarter ended September 2024.
It had incurred a loss of ₹80.07 crore in the July-September period a year ago, according to a BSE filing from ICL, in which rival Aditya Birla group firm UltraTech Cement has announced to acquire a majority stake.
November 08, 2024, 14:49 PM
Ashok Leyland posts consolidated Q2 net at ₹766.55 crore
Hinduja Group flagship Ashok Leyland announced on Friday a consolidated profit of ₹766.55 crore for the July-September 2024 quarter.
The city-based heavy commercial vehicle maker had registered a consolidated profit of ₹550.65 crore during the corresponding quarter of the previous financial year.
November 08, 2024, 14:23 PM
Brigade Group signs joint development agreement for residential project in West Chennai
Real estate developer Brigade Group has signed a joint development agreement for a residential project to come up in the western parts of the city, the company said on Friday.
The Bengaluru-headquartered company would build residential apartments on land measuring 1 million sq ft that offers a Gross Development Value of about ₹800 crore.
November 08, 2024, 13:20 PM