News Overview

The spot gold price remained barely changed at $2,674.96 per ounce. Gold futures were unchanged at $2,690.40.

Brent crude prices increased 45 cents, or 0.6%, to $74.67 per barrel, while U.S. West Texas Intermediate crude futures rose 45 cents, or 0.6%, to $70.84 per barrel.

L&T Technology Services' September quarter net profit increased by 1.3% to ₹319.6 Crore, despite narrowing profit margins.

Last month, Reliance Industries' board approved the issuance of bonus shares to shareholders in a 1:1 ratio.

In the third quarter of this fiscal year, EBITDA climbed by 16.7% to ₹223.8 Crore, up from ₹191.7 Crore in the same period last year.

The company plans to issue 1.07 crore equity shares through a fresh issue, along with 21.1 lakh shares via an offer-for-sale.

Bikaji Foods Retail Ltd signed a Share Subscription Agreement and Share Purchase Agreement with Hazelnut Factory Food Products.

Domestic volumes totalled 7,76,711 units, representing a 22% YoY increase. In the same quarter of the previous fiscal year.

Oberoi Realty announced last week that its board of directors has authorised a proposal to raise up to ₹6,000 Crore.

On October 16, the benchmark indices closed lower for the second consecutive session, with the Nifty dipping below 25,000 due to broad-based selling across sectors