Day

November 4, 2025
Indian equity benchmarks Nifty and Sensex experienced sharp declines on Tuesday, extending their losing streak. The IT, auto, and metal sectors were major contributors to the downturn. Despite broader market weakness, select stocks like Bharti Airtel and Titan Company reached record or multi-year highs on positive earnings reports.
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Ten Nifty500 firms, including Indian Oil, PVR Inox, Wockhardt, and IIFL Finance, swung from losses to profits in the September 2025 quarter, signaling strong recoveries and improving operational performance.
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Lenskart’s IPO garnered immense investor interest, attracting bids exceeding Rs 1 lakh crore and subscribing 26.4 times. Strong demand from institutional buyers, HNIs, and retail investors underscored confidence in the eyewear retailer’s growth potential and dominant market position, despite valuation concerns.
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IndiGo Q2 Results: Aviation major IndiGo slipped into a loss of Rs 2,582 crore in the September quarter as against a profit of Rs 2,176 crore in the preceding June quarter. However, when compared with the year-ago period, the airline’s loss widened from Rs 987 crore.
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Brokerage house Angel One on Tuesday settled a case of alleged disclosure lapses with markets regulator Sebi by paying Rs 34.57 lakh.
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The Indian rupee made a modest comeback, strengthening by 11 paise to reach 88.66 against the dollar as falling global crude oil prices offered some relief. Nevertheless, the strength of the dollar alongside the withdrawal of foreign investments kept the rupee in check. The domestic stock markets also faced a setback during this period.
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A study identifies 22 debt-free small-cap companies with rising FII stakes and solid FY25 profits above ₹100 crore. CarTrade Tech, FIEM, eClerx, Swaraj Engines, and NBCC (India) lead gains with up to 103% returns.
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Adani Enterprises Q2 Results: ​​Adani Enterprises reported an 84% surge in Q2 net profit to Rs 3,199 crore, driven by exceptional gains from stake sales in Adani Wilmar. Despite a 6% dip in revenue to Rs 21,249 crore, the company’s PAT jumped significantly sequentially. The board also approved a Rs 25,000 crore rights issue.
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Global brokerage firm Bernstein has initiated coverage on India’s leading e-commerce platforms, Eternal and Swiggy, assigning an ‘Outperform’ rating to both, with target prices of Rs 390 and Rs 570, respectively.
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Market expert Neeraj Dewan expects the next leg of the market rally to be driven by PSU banks, telecom, cement, and value retail, backed by improving earnings and policy support. He remains bullish on Bharti Airtel, Jio, and SBI, sees cement correction as a buying opportunity, and predicts a broader midcap recovery as corporate results...
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