In Asia, indices were mixed with Hong Kong’s hang Seng up 2 per cent, Japan’s Nikkie up 1 per cent, but Australia and South Korea’s key indices down up to 0.35 per cent.
Overnight, the Dow Jones Industrial Average rose 0.62 per cent, the S&P 500 added 0.73 per cent, and the Nasdaq Composite climbed 0.93 per cent.
Here’s a list of stocks to watch today:
Q2FY24 results today: 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 India, Shanthi Gears, Bannari Amman Sugars, Gulf Oil Lubricants India, Swaraj Engines, TV18 Broadcast, Network18 Media & Investments.
Vedanta: Ajay Goel, the former chief financial officer (CFO) at Indian edtech startup Byju’s, will return as Vedanta’s CFO effective October 30 after Sonal Shrivastava tendered resignation.
JSW Steel: It plans to establish a green steel manufacturing facility by 2030 as part of its response to the European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM).
PNB Housing Finance: Its net profit for Q2FY24 increased 45.9 per cent year-on-year (YoY) to Rs 383 crore, while revenue from operations grew 5.5 per cent YoY to Rs 1,777.8 crore.
ONGC: Oil and Natural Gas Corporation has won a bid to acquire PTC India Ltd’s wind power unit for Rs 925 crore.
Tech Mahindra: Tech Mahindra Americas Inc., a wholly-owned subsidiary of Tech Mahindra, has approved the divestment of 30 per cent stake in Avion Networks Inc for a consideration amount worth $50,000 (approximately Rs 41 lakh).
NDTV: It clocked a 51-per cent decline in Q2FY24 net profit at Rs 6 crore.
Mahindra Logistics: Logged a loss of Rs 15.5 crore as against a profit of Rs 11.9 crore YoY.