Overnight, Dow Jones, S&P 500, and Nasdaq Composite in the US jumped up to 1.6 per cent. The US Federal Reserve’s rate outcome and commentary will be released tomorrow night.
Asia Pacific markets edged lower this morning ahead of the Bank of Japan’s monetary policy outcome.
Meanwhile, here are some stocks to watch in today’s trade:
Q2 earnings today: L&T, Bharti Airtel, Tata Consumer, GAIL, Indian Oil, Jindal Steel and Power, Mankind Pharma, and Max Financial, among others.
Power Grid Corp: The company has acquired Beawar Dausa Transmission through tariff-based competitive bidding for an aggregate value of nearly Rs 21.37 crore subject to adjustment.
DLF: The realty major reported a 31 per cent rise in consolidated net profit to Rs 622.78 crore for the Sept quarter. The revenue rose 3.5 per cent YoY to Rs 1,347.7 crore.
Blue Star: The company posted a 66 per cent YoY growth in its consolidated net profit to Rs 70.67 crore for the Sept quarter. Revenue from operations rose 19.5 per cent YoY.
Procter & Gamble: The company has reported a 36.44 per cent rise in net profit to Rs 210.69 crore for the Sept quarter.
Speciality Restaurants: The firm’s Q2 net profit rose 47.8 per cent YoY to Rs 5.76 crore. Its revenue was up 4.4 per cent to Rs 97.9 crore.
Triveni Engineering: The company’s Q2 net profit tumbled 98 per cent to Rs 29.1 crore versus Rs 1,388 crore a year ago. Revenue was up 9.9 per cent at Rs 1,617.4 crore.
Bajaj Hindusthan Sugar: The company has received a cane price payment of Rs 1,361 crore for each of its 14 sugar units from Uttar Pradesh Power Corporation. The amount is towards the cane payment arrears for the sugar season 2022-23.
PSP Projects: The company has won orders worth Rs 200.25 crore in Gujarat.
Gulf Oil Lubricants: The company has completed the acquisition of a 51 per cent stake in Tirex and consequently Tirex has become a subsidiary of the company.
RR Metalmakers India: Sweety Ghodake has tendered her resignation as the company’s Chief Financial Officer effective Oct 30.