News for Apar Industries Limited (APARINDS.NS)

Indian markets closed higher on Tuesday, driven by gains in financial stocks following the Reserve Bank of India's liquidity measures, boosting hopes of a February rate cut. The BSE Sensex rose by 535.24 points while the Nifty 50 gained 128.10 points. Analysts noted optimism in large-cap stocks despite volatility ahead of key economic events.

The multibagger stock, which closed at Rs 795.75 on January 14, 2022 was trading at Rs 10,125 in the afternoon session today.

India's benchmark indices ended lower on Wednesday, pressured by financial and consumer stock sell-offs amid cautious market sentiment ahead of corporate earnings and concerns over limited U.S. Federal Reserve interest rate cuts.

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Indian benchmark indices rebounded strongly on Tuesday after Monday's sharp decline. Sensex gained 234 points to close at 78,199, and Nifty rose 92 points to 23,708, supported by financials and Reliance, amid positive global cues and cautious market sentiment.

India's benchmark indices fell sharply, with Sensex down 1.59% and Nifty 1.62%, driven by broad-based selling and cautious investor sentiment over Human Metapneumovirus (HMPV) cases and global economic uncertainties, including the Fed's hawkish stance and strong dollar.

“Reducing U.S. jobless claims and potential policy shifts in the US indicate that the FED is not in a hurry to reduce interest rates in the near term. Looking ahead, the market is likely to focus on Q3 earnings, with expectations of improvement in earnings on a QoQ basis," Nair added.

Oct 30, 2024 / 10:00AM GMTOperator Ladies and gentlemen, good day and welcome to Apar Industries Limited Q2 FY25 earnings conference call. (Operator instruction

Indian benchmark equity indices, Sensex and Nifty50, recorded their biggest single-day decline in nearly three weeks, dragged down by slowing corporate earnings and ongoing foreign selling.

Nifty50 and Sensex ended lower due to weak earnings and renewed profit-booking. Key resistance and support levels indicate heightened volatility, while mixed bullish and bearish signals show a rangebound market. High activity and varied interests are noticeable across different stocks, revealing a cautious market sentiment.

Indian indices closed in the red on Tuesday, dragged by heavyweights like Reliance Industries, financial, and IT stocks. A higher-than-expected September inflation report dampened hopes for a rate cut, souring investor sentiment.

Indian indices closed slightly higher on Thursday, with financial stocks gaining and IT shares declining. However, higher-than-expected US inflation data may negatively impact Friday's trade. Analysts predict a sideways trend with support at 24,950-24,900 and resistance at 25,150-25,400.

Indian indices hit new record highs for the third straight session, boosted by the US Fed's rate cut. Analysts remain positive on the market's outlook, with Nifty expected to rise towards 26,200. Support is at 25,700.

The 30-share BSE Sensex pack surged 1,593 points to hit an all-time high of 83,116, while the broader NSE Nifty index moved 515 points higher to scale a lifetime peak of 25,433.

Domestic equity indices fell on Wednesday as investors took profits before U.S. inflation data. The Nifty 50 and Sensex both dropped 0.49%. Analysts suggest the Nifty faces support at 24,800 and resistance at 25,200, with potential further declines if key levels are breached.

Indian equity markets ended near record highs on Monday, lifted by IT stocks, as the Federal Reserve hinted at impending rate cuts. Analysts observed strong bullish momentum, with support and resistance levels indicating potential for further gains despite some counters showing weakness.

Indian benchmark equity indices Nifty and Sensex ended flat in a highly volatile session on Friday, while global markets advanced after Federal Reserve Chair Jerome Powell stated that "the time has come" to reduce interest rates.

Shares of CAMS, Fine Organic Industries, Nykaa, Jindal Saw, Nuvama Wealth Management, Deepak Fertilisers, and Apar Industries among others witnessed strong buying interest from market participants as they scaled their fresh 52-week highs, signaling bullish sentiment.

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