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Markets extend decline for third consecutive session, Sensex falls 460 points, Nifty below 22,700
22
Oct
By The Press Editor
Business

Markets extend decline for third consecutive session, Sensex falls 460 points, Nifty below 22,700

Benchmark indices Sensex and Nifty extended their decline for a third consecutive session amid elevated crude oil prices and escalating geopolitical tensions. The 30-share BSE Sensex closed 460.30 points or 0.62 per cent lower at 73,249.39. During the day, the benchmark hit a high of 73,720.83 and a low of 73,005.11, gyrating 715.72 points. Similarly, the 50-share NSE Nifty shed 123.70 points or 0.54 per cent to close at 22,687.65. Similarly, the broader market ended the session in the red. The BSE MidCap Select Index fell 126.26 points, or 0.74 per cent, while the BSE SmallCap Select Index fell 80.61…
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Defence stock under Rs 400 in focus as its subsidiary commissions 9,000 MT unit, check details
22
Oct
By The Press Editor
Business

Defence stock under Rs 400 in focus as its subsidiary commissions 9,000 MT unit, check details

Shares of Hyderabad-based publicly-listed defence and aerospace technology company Apollo Micro Systems Limited are likely to be on investors' radar as the company has informed exchanges that its subsidiary IDL Explosives Limited has commissioned the Bolkunda Silo Unit, a new bulk explosives silo plant with a capacity of 9,000 MT spread over 8.4 acres of land near Asansol, West Bengal. The facility was formally inaugurated on October 22, 2026.ย  Share price today The stock started the trading session in the red at Rs 395.75, up from the previous close of Rs 296.30 on the BSE. The scrip fell further to…
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Jewellery stock to remain in focus as Q2 net profit jumps 58%, jumps 28.01% in 3 trading sessions
22
Oct
By The Press Editor
Business

Jewellery stock to remain in focus as Q2 net profit jumps 58%, jumps 28.01% in 3 trading sessions

Shares of PC Jewellers will remain in focus during today's trading session as the company has posted a 58 per cent jump in its consolidated net profit to Rs 330.66 crore for the July-September quarter of the 2026-27 fiscal year. The Delhi-based jewellery company had clocked a net profit of Rs 209.54 crore in the same quarter a year ago. Total income rose 28 per cent to Rs 1,054.47 crore for the second quarter of this fiscal from Rs 825.25 crore a year ago. Expenses remained higher at Rs 759.42 crore, up from Rs 688.85 crore a year ago. "A…
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Jio IPO GMP today: Public issue continues to garner strong demand on day 2, check subscription status
22
Oct
By The Press Editor
Business

Jio IPO GMP today: Public issue continues to garner strong demand on day 2, check subscription status

Jio Platforms' initial public offering (IPO) continued to witness a strong response from investors on the second day of the subscription today, i.e. on October 22, 2026. The three-day subscription window for the offering will close on October 23, 2026.ย The IPO was subscribed 3.35 times at the time of writing, with investors bidding for 66.15 crore shares against 19.75 crore shares on offer. Similarly, the portion reserved for qualified institutional buyers was subscribed 9.42 times, with bids for 46,15,42,092 shares against 4,90,07,827 shares on offer. Demand from non-institutional investors reached 2.02 times the shares reserved for them. The retail investor…
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22 October, 2026 Stock Market Updates: Sensex down 366 points, Nifty below 22,700, Power Grid drops 2%
22
Oct
By The Press Editor
Business

22 October, 2026 Stock Market Updates: Sensex down 366 points, Nifty below 22,700, Power Grid drops 2%

Indian equity benchmark indices, the Sensex and Nifty, started the session on a weak note as persistently high crude oil prices and escalating geopolitical tensions weighed on investor sentiment. The 30-share BSE Sensex fell 366.36 points, or 0.50 per cent, to 73,343.33, while the Nifty shed 123.60 points to open at 22,687.75. In the last trading session, the Sensex closed at 73,709.69 and the Nifty 50 at 22,811.35. Similarly, the broader indices traded in red in the opening session. While the BSE Midcap Select Index fell 77.32 points, the BSE Smallcap Select Index fell 38.32 points, or 0.44 per cent,…
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Jewellery stock on investorsโ€™ radar in volatile market, here are the two key reasons: Check details
21
Oct
By The Press Editor
Business

Jewellery stock on investors’ radar in volatile market, here are the two key reasons: Check details

PC Jeweller shares are on investors' radar and trading in the green, even as benchmark indices remain volatile today. The first reason is that the stock has moved out of Additional Surveillance Measure (ASM) Stage 1. The second reason is that the company's board members will release its September quarter financial results today. According to the information shared with the exchanges, the company said that its board members will meet on October 21, 2026. The meeting will, among other things, consider and approve the company's unaudited standalone and consolidated financial results for the quarter and half year ended September 30,…
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Bengaluru-Mumbai Vande Bharat sleeper train to be operational from November 1, check stops and other details
21
Oct
By The Press Editor
Business

Bengaluru-Mumbai Vande Bharat sleeper train to be operational from November 1, check stops and other details

There's good news for rail passengers travelling between Bengaluru and Mumbai as preparations are underway to operate a new Vande Bharat Sleeper train between the two cities. According to the information shared, the train will become operational from November 1, 2026. The launch date coincides with Karnataka Rajyotsava. The new Vande Bharat Sleeper train will save approximately six hours compared to other trains. This train could be a convenient option for working professionals, business owners, and those travelling with their families. The journey from Bengaluru to Mumbai will take 16 hours According to the proposed timetable, the Vande Bharat Sleeper…
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Jio Platforms IPO: Issue subscribed 3 times on day 1 of bidding, qualified institutional buyers lead with 9X
21
Oct
By The Press Editor
Business

Jio Platforms IPO: Issue subscribed 3 times on day 1 of bidding, qualified institutional buyers lead with 9X

Telecom behemoth Jio Platforms Ltd's Rs 30,213-crore initial public offering witnessed strong response from investors as it was fully subscribed within 100 minutes of opening on Wednesday, making it the fastest among India's mega-issues to attract bids for all shares on offer, as institutional investors led an early rush for the country's largest-ever IPO. According to data available on the National Stock Exchange at 5 pm, the issue attracted bids for 59,24,77,812 crore shares against 19,75,25,934 crore shares on offer, translating into overall subscription of 3ย times on day 1. The offering remains open until October 23. High demand from qualified…
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Stock markets pare gains to end in red amid elevated crude prices, continued FII selling
21
Oct
By The Press Editor
Business

Stock markets pare gains to end in red amid elevated crude prices, continued FII selling

Benchmark indices Sensex and Nifty pared early gains to end the session in the red as elevated crude prices and continued FII selling overshadowed optimism surrounding India-US trade negotiations. The 30-share BSE Sensex closed 143.21 points or 0.19 per cent lower at 73,709.69. During the day, the benchmark hit a high of 74,682.19 and a low of 73,229.45, gyrating 1,452.74 points. Similarly, the 50-share NSE Nifty shed 77.60 points or 0.34 per cent to close at 22,811.35. Similarly, the broader market ended the session in the red. The BSE MidCap Select Index fell 253.35 points, or 1.46 per cent, while…
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