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Net Profit At ₹2,690 Cr Vs CNBC-TV18 Poll Of ₹2,480 Cr

Sacchitanand Uttekar of Tradebulls

Prashant Kumar, MD & CEO, Yes Bank

Stove Kraft plans to expand its retail footprint to 500 exclusive stores by April 2027.

HUL to report its Q2 earnings today

Vijay Sales has achieved its highest holiday sales in ten years, with growth of almost 20%—double its typical rate of 8–10%. Director Nilesh Gupta said the company had a very good attendance from the beginning of Navratri and attributed the strong performance to the positive customer sentiment and the GST cuts.

In early trading on Thursday, October 23, the rupee gained 13 paise to 87.80 against the US dollar, helped by hopes for a trade agreement between the US and India.

According to forex traders, investor mood was raised by risk-on emotions, foreign fund inflows, and a favourable trend in local stocks.

Kalpataru Proj bags order worth ₹2,332 crore

Bharat Forge up over 4% on a report of an Army order win.

Textile companies are higher, as India-US trade talks boost Gokaldas Exp, which extends gains, up over 9% in the opening hour of trade.

Kalpataru Proj | Bags Order Worth ₹2,332 Crore

From Reuters | RIL Spokesperson Says Recalibrating Russian Oil Imports To Align With India Govt’s Guidelines

Mihir Vora, Trust Mutual Fund On CNBC-Tv18

Glenmark USA To Launch Ropivacaine Injection

Ropivacaine Injection Is Used To Numb A Specific Area Of The Body For Surgical Procedures

On Thursday, October 23, shares of Apex Frozen Foods Ltd., Waterbase Ltd., and Avanti Feeds Ltd., three Indian companies that export prawn feed, increased by as much as 12% in response to growing confidence about a trade agreement with the United States.

At the moment, Apex Frozen Foods’ shares are up 9% while Avanti Feeds’ are up 6%. Today, shares of Coastal Corporation are trapped in a 20% circuit.

Nitin Aggarwal,Sr. Group VP, Head- BFSI,Institutional Equities, MOFSL

Amitendu Palit, Senior Research Fellow, ISAS-NUS

India Has Not Had A Chance To Set Its Agenda In US Trade Deals

Expect US To Keep Making More Demands On India Beyond Russian Oil Issue

We Still Need To See If The US Supreme Court Will Strike Down The Tariffs

Abhijit Das, Intl Trade Expert & Former Head, Centre For WTO Studies

Deal Prospects Have Improved, But India Must Safeguard Dairy, Agri, & Digital Sectors

A Token Cut In Russian Oil May Help India, But What India Gains In Return Is Crucial

As the conflict over Chinese-owned chipmaker Nexperia threatens Europe’s car sector, shares of Samvardhana Motherson International Ltd. increased by about 2% on Thursday, October 23, even though Volkswagen AG warned of potential production stoppages owing to the arising supply chain concerns.

Sudarshan Sukhani, Technical Trends

Buy Adani Solutions with a stop loss of ₹920

Buy BEL with a stop loss of ₹405

Buy Coal India with a stop loss of ₹375

Buy Indus Towers with a stop loss of ₹330

Mitessh Thakkar, Bonanza Portfolio

Buy Infosys with a stop loss of ₹1,455 and a target of ₹1,515

Buy Biocon with a stop loss of ₹360 and a target of ₹378-380

Buy HCLTech with a stop loss of ₹1,470 and a target of ₹1,525

Buy IDFC First Bank with a stop loss of ₹75.50 and a target of ₹80

The Nifty 50 index has hit the 26,000 mark and is now in touching distance of the record high mark.

Infosys shares up nearly 3% after promoters opt out of the ₹18,000 cr share buyback.

MARKET OPENS HIGHER, NIFTY OPENS ABOVE 26,000 FOR THE 1ST TIME SINCE SEPTEMBER 30, 2024.

Rupee opens at 87.83/$ vs Monday’s close of 87.93/$

NMDC Ltd.’s stock is under scrutiny on Thursday, October 23, following the company’s Wednesday price reduction for lumps and fines of iron ore.

For lumps, NMDC has reduced the price of iron ore by ₹550 per tonne, or 9%, to ₹5,550 per tonne, and for fines, it has lowered the price by ₹500 per tonne, or 10%, to ₹4,750 as well.

Vikas Pershad, M&G Investments On CNBC-TV18

After providing an update on its largest-ever share buyback, Infosys Ltd., a supplier of IT services, will be the focus of attention on Thursday, October 23.

The company’s promoters, including Sudha Murty and Nandan Nilekani, will not be taking part in the ₹18,000 crore share purchase that Infosys had planned in October, the company informed the markets in a statement on October 22.

Here’s a list of stocks in focus going into trade today

Here’s a list of stocks in focus going into trade today

Tejas Networks bags an order from NCC for the supply of IP/MPLS routers

Here’s how the global market cues are placed this morning

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