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equity indices fell on Wednesday, dragged by declines in financial stocks after a two-session rally, as sentiment weakened amid ongoing foreign outflows and lackluster corporate earnings. The 30-share BSE Sensex dropped 426 points, or 0.53%, to close at 79,942, while the broader NSE Nifty fell 126 points, or 0.51%, to end at 24,340.

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Shares of Chewy slid close to 2% in overnight trading after a regulatory filing revealed that the meme stock trader known as Roaring Kitty had sold his stake in the online pet store

A former Toronto-Dominion Bank trader charged with spoofing U.S. Treasuries asked a federal judge to throw out the case, saying the government’s announcement of a settlement with the bank effectively denied him the right to a fair trial.

Tata Power on Wednesday reported a 51% jump in its net profit (before exceptional items) for the quarter ended September 2024 to Rs 1,533 crore as against Rs 1,017 crore posted in the year-ago quarter. Revenue from operations, meanwhile, fell 1% year-on-year to Rs 15,247 crore.

democratic institutions, robust rule of law, and talented youth, Commerce and Industry Minister Piyush Goyal said on Wednesday. Speaking at the eighth Future Investment Initiative (PII) Plenary in Riyadh (Saudi Arabia), he said India offers huge opportunities and the world is building stronger ties with the emerging markets. «India does not look at the US-China tensions as a source of benefit. We believe we can stand on our own feet, on the strength of our democracy, the rule of law that we offer, the strength of our young population, and our demographic dividend works well. It is talented, spirited and aspirational,» the minister said. He was replying to a question about huge economic potential in the country and India is one of the major beneficiaries of the developments in the world like US-China trade tensions.

Nifty closed lower on Wednesday after a two-day gain. A sell-off in the later half of the session erased the morning gains as the star performers of the previous two days i.e. banks came under profit-taking. Nifty formed a small red candle on Wednesday near the 100-Day Exponential Moving Average (DEMA), signalling strong resistance around 24,470-24,500 levels. If the index sustains above 24,500, it may extend gains to the 24,600–24,700 range, with 24,070 acting as a key support. As long as it holds above this level, a «buy on dips» approach remains viable, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.

The profit figure was slightly higher than ET NOW poll estimates of Rs 3,335 crore.

Global markets are mostly lower after a rally in technology stocks propelled the Nasdaq composite to a record high

The European Union has finalized its sharply higher customs duties on electric vehicles imported from China

IPO) at Rs 371-390 per equity share of the face value of Re 1, according to an announcement by the Bengaluru-based Food and grocery delivery company on Wednesday. The IPO will be open for subscription from November 6-8.

GE Power India Ltd.(up 5.00%), Karma Energy Ltd.(up 5.00%), Energy Development Company Ltd.(up 4.96%), Jyoti Structures Ltd.(up 4.96%), Voltamp Transformers Ltd.(up 4.70%), Indowind Energy Ltd.(up 4.68%), RattanIndia Power Ltd.(up 4.00%), India Power Corporation Ltd.(up 3.26%), Inox Wind Ltd.(up 3.26%) and Gujarat Industries Power Company Ltd.(up 3.25%) stood among the top gainers.

On the BSE, Shankar Lal Rampal(down 15.21 per cent), Five-Star Business Finance(down 12.85 per cent), Dr. Lalchandani Labs(down 12.33 per cent), AVI Products India (down 10.16 per cent) and Venus Remedies(down 10.04 per cent) stood among the top losers in today's trade.

The NSE Nifty index ended the session 126.0 points down at 24340.85, while BSE Sensex 426.85 points to 79942.18.

These high-performing stocks that rallied more than 10% during the session included, Precision Camshaft(14.54%), WPIL Ltd(14.53%), Response Informatic(14.44%), APM Finvest(14.24%), Capri Global(13.87%), Jain Irrigation(13.79%), Balurghat Tech(13.50%), KJMC Financial(13.40%), Ashapura Minechem(13.34%) and Cosyn (12.84%).

JHS Svendgaard Laboratories Ltd.(up 4.99%), Parag Milk Foods Ltd.(up 4.32%), Gillette India Ltd.(up 3.78%), Marico Ltd.(up 3.50%), Vadilal Industries Ltd.(up 3.39%), Tata Consumer Products Ltd.(up 3.09%), Emami Ltd.(up 2.73%), Hindustan Foods Ltd.(up 2.64%), Heritage Foods Ltd.(up 2.32%) and Umang Dairies Ltd.(up 2.31%) stood among the top gainers.

fiscal year 2025, announced an interim dividend of Rs 2.75 per share for the company’s shareholders. It has fixed November 8 as the record date for the purpose. “Pursuant to Regulations 30 and 43 of the Listing Regulations, we wish to inform you that the Board of Directors of the Company in its meeting held today have declared Interim Dividend of Rs. 2.75 per equity share having face value of Re. 1/- each (i.e., 275%) for the financial year 2024-25. Pursuant to Regulation 42 of the Listing Regulations, the Company has vide its letter dated October 16, 2024 already informed to Stock Exchanges regarding the Record Date of November 08, 2024,” said the company in an exchange filing.

Dabur on Wednesday announced the acquisition of Sesa Care, engaged in the Ayurvedic personal care and wellness segment, at an enterprise value of Rs 315-325 crore. This new acquisition will help Dabur to expand in the Rs 900 crore ayurvedic hair oil market, the company said in a regulatory filing. It has entered into an agreement to acquire the majority 51 per cent stake from its shareholder True North (a private equity fund) for Rs 12 crore at face value.

Domestic benchmark index NSE Nifty ended 126.0 points at 24340.85, while the BSE Sensex closed 426.85 points down at 79942.18.

Shares of Mankind Pharma Ltd.(up 3.92 per cent), Natco Pharma Ltd.(up 3.1 per cent), Sanofi India Ltd.(up 2.1 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 1.54 per cent) and Divi's Laboratories Ltd.(up 1.44 per cent) ended the day as top gainers in the pack.

The 30-share BSE Sensex dropped 427 points, or 0.53%, to close at 79,942, while the broader NSE Nifty fell 126 points, or 0.51%, to end at 24,340.