During the July-September period, Delhivery, Swiggy, Mobikwik, Urban Company, Ixigo, BlueStone and Ola Electric, all reported losses. Some firms even saw their profit profile worsen on a YoY basis.
Trent shares hit a 52-week low of Rs 4,326.5 apiece in the morning trading hours of Monday.
The NFO for Diviniti Long-Short Equity SIF fund will remain open between November 10-24, with Laukik Bagwe as the CIO - SIF and Vasav Sehgal as its fund manager.
Lenskart IPO share market debut was lower than the expectations in the grey market, which had expected a premium listing of about 2%.
For only the second time ever, the cyclically adjusted price-to-earnings ratio, made popular by Nobel laureate Robert Shiller and originally proposed by Benjamin Graham, has moved above 40, a level last seen during the peak of 1999 tech bubble.
Nifty 50 and Sensex opened higher on November 10, supported by positive global cues and broad sectoral gains, with metals, PSU banks and oil and gas leading the early upside.
Nifty extended losses for the third straight session, trading below its 50-day exponential moving average (EMA) and signalling continued weakness in the market. Among sectors, Nifty Metal and PSU Bank indices led the gainers, while consumer durables, IT, and FMCG stocks were the top laggards. Meanwhile, Groww’s Rs 6,600 crore IPO witnessed strong investor interest, getting subscribed nearly 15 times. This morning, global cues were positive. Asian markets started the week on a higher note, while US futures edged higher as lawmakers moved closer to ending government shutdown. Catch Lovisha Darad in conversation with Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives) at Axis Securities and Manoj Bahety, Founder & Fund Manager, Carnelian Asset Management.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5% and Japan's Nikkei rose 0.6%.
Ashoka Buildcon Share Price | The company received LoA for upgradation of existing electric traction system of Ajmer division of North Western Railway.
Force Motors Share Price | The company's Q2 net profit rose 159 percent, while revenue jumped 7.2 percent.
Hindustan Aeronautics share price | The company board meeting will be held on November 12, to consider financial results for the quarter ended September, 2025.
Despite the rally in Asian markets, Indian equity benchmarks Nifty 50 and Sensex may see a flat open in trade on November 10.
Indian markets may follow global trends, particularly US market movements, with increased volatility due to the US government shutdown and lack of domestic drivers
After remaining net sellers for the last six session, Foreign Institutional Investors (FIIs) bought equities of Rs 4581 crore on November 6. However, the Domestic Institutional Investors (DIIs) extended their buying on the 11th consecutive session as they bought equities of over Rs 6674 crore on the same day.
In the week starting November 10, the market is expected to be range-bound with focus on the final lot of corporate earnings season, and further progress with respect to India-US trade deal.
The precious metal advanced on Friday as a measure of US consumer sentiment fell to near the lowest on record, with the shutdown and rising prices souring the outlook.
Except media (down 1%), all other sectoral indices ended in the green with IT index up 1.6 percent, pharma index up nearly 1 percent, metal index up 0.6 percent. Infosys, HCL Technologies, Grasim Industries, Bajaj Finance, Wipro were among major gainers on the Nifty, while losers were Trent, Apollo Hospitals, Max Healthcare, Power Grid and Tata Consumer. BSE Midcap index up 0.6 percent, while smallcap index fell 0.4 percent.
On the global front, any delay in India’s potential trade deal with the US or a stronger US dollar could weigh on global risk appetite, impacting flows into emerging markets, including India, said Mahesh Patil.
A close above 25,800 could trigger the next leg of the upward move in Nifty 50, said Rahul Ghose.
Seven companies will debut on the bourses this week, starting with eyewear maker Lenskart Solutions on November 10, Groww’s parent Billionbrains Garage Ventures on November 12, and Pine Labs on November 14.
Stocks to Watch, 10 November: Stocks like Bajaj Auto, FSN E-Commerce Ventures Nykaa, Kalyan Jewellers India, JSW Cement,Trent, Global Health, Neuland Laboratories, Ratnamani Metals and Tubes, National Aluminium Company, Force Motors, Torrent Pharmaceuticals, VA Tech Wabag, Olectra Greentech, and Lenskart Solutions will be in focus on November 10.
The AUC stood at Rs 50.83 lakh crore, marking a record high and a sharp 30 percent rise from the February low of Rs 39.21 lakh crore
Experts suggest that if the Nifty 50 manages to hold 25,300 in the upcoming sessions, a gradual upmove toward 25,650–25,800 and then 26,000 could be possible amid consolidation. On the other hand, a decisive break below this level could drive the index toward 25,000.
According to experts, if the Nifty 50 decisively breaks the strong 25,300 support (50 DEMA), the 25,000 level can’t be ruled out, but holding above it can raise the possibility of the index moving toward 25,650, followed by 25,800, being key resistance.
The consolidation amid range-bound trading may continue, with Friday’s low likely acting as support. Below are some short-term trading ideas to consider.