Stock market news that you should not miss today

Here is the important stock market news to watch out for today.

Oct 25, 2021 07:10 IST India Infoline News Service

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Here is the important stock market news to watch out for today.
  • Markets to open on a positive note; support @18,000, resistance at 18,350.
  • FIIs sold shares worth Rs2697.7cr (cash), bought Rs1029.97cr in index futures.
  • US markets closed mixed on Friday. Asian Markets opened mixed.
  • Brent crude was trading 0.68% higher at $86.11 per barrel.
  • Reliance Industries reported sharply higher consolidated profit at Rs15,479cr in Q2FY22 against Rs10,602cr in Q2FY21, revenue jumped to Rs1,74,104cr from Rs1,16,195cr yoy.
  • ICICI Bank reported a sharply higher standalone profit at Rs5,511cr in Q2FY22 against Rs4,251.3cr in Q2FY21, net interest income jumped to Rs11,690cr from Rs9,366cr yoy.
  • ABB Power Products and Systems India reported sharply higher profit at Rs34.3cr in Q2CY21 against Rs4.8cr in Q3CY20, revenue fell to Rs850.6cr from Rs946.3cr yoy. Order intake was at Rs979cr in Q3CY21, up from Rs890.2cr in Q3CY20.
  • Tata Consumer Products reported higher consolidated profit at Rs261.4cr in Q2FY22 against Rs234.3cr in Q2FY21, revenue increased to Rs3,033.12cr from Rs2781.34cr yoy.
  • Tata Elxsi reported sharply higher profit at Rs125.33cr in Q2FY22 against Rs78.87cr in Q2FY21, revenue jumped to Rs595.33cr from Rs430.17cr yoy.
  • Gland Pharma reported sharply higher consolidated profit at Rs302cr in Q2FY22 against Rs218cr in Q2FY21, revenue jumped to Rs1,080.5cr from Rs831.5cr yoy.

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