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IndusInd Bank's shares for Rs 421 crore through an open market transaction. According to the bulk deal data available on the National Stock Exchange (NSE), Paris-headquartered Societe Generale offloaded 39.30 lakh shares or 0.50 per cent stake in IndusInd Bank. The shares were disposed of at an average price of Rs 1,070.61 apiece, taking the transaction value to Rs 420.80 crore.

quarter on weak refining margins. Revenue from operations increased 1% to Rs 1,17,952 crore. Shares in BPCL fell nearly 5% to Rs 305.95 apiece on Friday when the benchmark BSE Sensex ended 0.8% lower.

Revenues for the quarter rose 5% year-on-year to Rs 1,08,216 crore in the July-September quarter.

demand for gold bars and coins remains strong during the festive season, partly fuelled by the rise in gold prices and expectations of further increases. This trend is further enhanced by sales across online marketplaces, making gold more accessible, according to a World Gold Council report released on Friday. High prices coupled with an inauspicious period in the Hindu calendar for making purchases of valuable items from mid-September to early October, kept consumers away from jewellery buying. However, market reports indicate early signs of a resurgence in gold buying due to various ongoing festivals, with demand largely driven by wedding purchases. Retailers are actively implementing marketing campaigns to stimulate sales, said Kavita Chacko, Research Head, India of World Gold Council.

Bandhan Bank has reported a 30% rise in net profit for the second quarter at Rs 937 crore against Rs 721 crore in the year ago period, on account of year-on-year improvement in asset quality and higher earnings. The loan-loss provision was at Rs 606 crore compared with Rs 636 crore in the corresponding period last year. Operating profit was Rs 1,855 crore, up 17% year-on-year, backed by 21% higher net interest income at Rs 2948 crore.

Nifty formed a long bearish candle on the weekly chart on Friday. Technically, this suggests that the markets are likely to remain under pressure in the near term. However, there is a possibility of a minor pull-back rally or sideways consolidation in the next 1 or 2 days after a sharp fall, which was witnessed in Friday’s trading session.

Asset Management Ltd, its CEO Radhika Gupta and fund manager Trideep Bhattacharya for violating mutual fund rules. Individually, penalty of Rs 8 lakh was levied on Edelweiss Asset Management and Rs 4 lakh each on Gupta and Bhattacharya, according to an order passed by Sebi. Also, they have been directed to pay the amount within 45 days.

Bank of Baroda (BOB) on Friday reported a 23.2% jump in its standalone net profit to Rs 5,238 crore for the quarter ended September 2024 as against a profit of Rs 4,253 crore in Q2FY24. The net interest income (NII) grew by 7.3% YoY to Rs 11,622 crore in Q2FY25.

Cryptocurrency prices showed a mixed performance on October 25, mirroring trends from the previous day. Major tokens such as Bitcoin, Ethereum, BNB, Dogecoin, Tron, Shiba Inu, and Chainlink experienced gains of up to 4.7%. In contrast, Solana, XRP, Toncoin, Avalanche, Polkadot, and Uniswap recorded losses of up to 3%. The global cryptocurrency market capitalization rose by 0.74%, reaching approximately $2.31 trillion over the past 24 hours. As of 3:08 p.m. IST, Bitcoin was trading at $67,492, reflecting a 0.97% increase, while Ethereum saw a slight rise of 0.1%, trading at $2,522.

Subscribe to enjoy similar stories. Months after slipping into the hands of Byju’s lenders, Great Learning is back in the black, mapping out an ambitious new chapter that could lead to an initial public offering (IPO). Flush with profitability and bolstered by organic growth, the edtech platform is now charting a course away from the turbulence at its former parent, Byju’s.

BPCL on Friday reported a standalone net profit of Rs 2,397 crore for the second quarter ended September 2024. This is a fall of 72% from Rs 8501 crore reported in the previous year quarter. Revenue from operations rose by marginal 1% to Rs 1.17 lakh crore in the reporting period as against Rs 1.16 lakh crore in the corresponding period of the previous year.

InterGlobe Aviation Ltd. traded 3.09 per cent up at Rs 4378.85 at around 12:21PM (IST) on Friday. The stock had closed at Rs 4518.75 in the previous session. Equity benchmark Sensex traded 711.94 points lower at 79353.22 around the same time.

Varun Beverages Ltd. traded 0.73 per cent lower in Friday's session at 12:27PM (IST). The stock opened at Rs 610.05 and has touched an intraday high and low of Rs 616.95 and Rs 593.75, respectively, during the session so far. The stock quoted a 52-week high of Rs 682.84 and a 52-week low of 331.28. About 104,248 shares changed hands on the counter so far.

Indian Hotels Company Ltd. traded at Rs 664.0 on BSE at 10:40AM (IST) on Friday, down 0.46 per cent from previous close. The stock quoted a 52-week low price of Rs 371.45 and a high of Rs 720.6.

Subscribe to enjoy similar stories. As Diwali, one of India's most celebrated festivals, approaches, a palpable excitement fills the air. It is a celebration oflights and new beginnings and a period when many individuals invest in the stock markets.

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Delhi Assembly in the past one year till April 8, a survey report claimed on Thursday. The Delhi MLA Report Card 2024 prepared by Praja Foundation, an NGO, said the scope of the survey was expanded to evaluate the consolidated performance of the legislators who served in the Assembly for a minimum of three years. The report card assessed the performance of the MLAs from March 17, 2023 to April 8, 2024. All the eight MLAs who did not raise a single question during this period belong to the AAP. Two of them, Manish Sisodia and Satyendar Jain, were in judicial custody during the period under review. BJP MLA Ramvir Singh Bidhuri secured the first position in raising questions with a score of 81.81 per cent, followed by Bhupinder Singh Joon of the AAP at 78.77 per cent, and Rajesh Gupta, also from AAP, at 74.55 per cent, the report said.

Bengaluru dominated as the country's top city for job opportunities and salary growth as it has registered a 9.3 per cent year-on-year increase, closely followed by Chennai and Delhi, a report said on Thursday. This growth underlines Bengaluru's reputation as a technology and business hub as the average monthly unified salary in the city stood at Rs 29,500, making it the highest-paying city in the country, according to TeamLease Services Jobs and Salaries Primer report for FY24. The report is based on an analysis of unified salaries across temporary and permanent hiring markets. This was closely followed by Chennai and Delhi, which reported strong salary growth of 7.5 per cent and 7.3 per cent, respectively, reflecting the competitive nature of these job markets, it noted.

By Wendell Cox

Shares of Oberoi Realty Ltd.(up 1.4 per cent) ended the day as top gainers in the pack.

Simbhaoli Sugars Ltd.(up 4.99%), Ponni Sugars(Erode)Ltd.(up 1.06%), Kothari Sugars & Chemicals Ltd.(up 1.00%), DCM Shriram Industries Ltd.(up 0.33%), EID Parry(India)Ltd.(up 0.32%), KCP Sugar & Industries Corporation Ltd.(up 0.32%) and Dhampur Sugar Mills Ltd.(up 0.20%) stood among the top gainers.