News for Fortis Healthcare Limited (FORTIS.NS)

Benchmark indices open flat ahead of RBI policy decision, with tech and FMCG stocks impacting market sentiment.

Q3 Results Today updates 7th February 2025: Find all the latest Q3 results 2025 updates for LIC Life Insurance of Corporation, Mahindra & Mahindra, Sun TV, Ola Electric Mobility, Century Plywoods, Fortis Healthcare, Delhivery, Oil India, Hindustan Foods, JSL Industries, Latent View Analytics, Shipping Corporation of India, Inox India, Cholamandalam Financial Holdings, D-Link, 3m India and a few more companies to announce their Q3 results today

Brokerage firm JM Financial said that there is a high possibility of the inclusion of Paytm in the MSCI India Standard Index

Indian markets declined on Monday, with selling pressure in banks and auto stocks. Subdued trading volumes and FII outflows weighed on sentiment. A strengthening dollar and high valuations also impacted the market. IT and pharma sectors outperformed.

Fortis Healthcare appoints Leo Puri as Chairman, trading at ₹659.95 on NSE, succeeding Indrajit Banerjee, with extensive industry experience.

Buzzing stocks, stocks to watch: Reliance Industries, Vedanta, Sterling & Wilson RE, Ola Electric, CoForge, Insurance stocks, Ultratech Cement, Granules, Aurobindo Pharma, Vakrangee, Fortis Healthcare, Piramal Enterprises, IFCI, SRM Contractors

The Indian benchmark Nifty 50 ended a seven-day losing streak, driven by gains in HDFC Bank and Mahindra & Mahindra. The market saw a short-term relief rally after slipping into correction territory. Despite the rise, analysts remained cautious, highlighting potential volatility and resistance levels.

Indian indices, Sensex and Nifty, closed lower on Tuesday, driven by declines in banking, financial, and auto stocks. Sensex fell 821 points and Nifty dropped 258 points. October CPI inflation rose to 6.21%, fueling market concerns for Wednesday.

Nov 08, 2024 / 01:00PM GMTOperator Ladies and gentlemen, good day. And welcome to the Q2 FY 25 post results conference call of, Fortis Healthcare Limited. As a

Indian benchmark equity indices gained during a special one-hour "muhurat" trading session on Friday, marking the Diwali festival, driven by auto stocks boosted by positive monthly sales data.

As many as 97 stocks hit their 52-week high levels today. BSE 500 stocks such as Crisil, Fortis Healthcare, Jubilant Pharmova, Poly Medicure, Piramal Pharma, and Suven Pharmaceuticals hit their respective one-year high levels.

Indian benchmark indices experienced their worst monthly performance since March 2020 due to record foreign outflows and weak corporate earnings. The NSE Nifty 50 fell by 0.56% and the BSE Sensex dropped by 0.69%, both losing around 6% in October. Analysts anticipate continued volatility, with key support for Nifty at 24,000 and resistance at 24,500.

Largest shareholders in the company are PG Esmeralda Pte. Ltd, Eaglebay Investment Ltd and BII with 49.7%, 27.13% and10.03% stake in company

"On the daily charts, we can observe that Nifty has witnessed a breakdown from the consolidation on the downside. The selling pressure can intensify on the downside. Immediate support stands at 24037 which is the 40-day moving average. A breach below it can take the Nifty down towards 23600. On the upside, 24300 is the immediate hurdle from a short-term perspective," Jatin Gedia of Sharekhan.

Indian shares declined on Friday, as profit booking emerged after the Nifty 50 scaled a record high, trimming weekly gains for the blue-chip indices

Jhunjhunwala cut her stake in Canara Bank by 62 bps to 1.45% in the January-March quarter from 2.07% at the end of the previous quarter. The stock has delivered returns of 115% over the past 12 months and its year-to-date returns are 38%.

Nifty futures on the NSE International Exchange traded 6.50 points, or 0.03 per cent, higher at 22,118.50, hinting at a flattish start for the domestic market on Wednesday.

NSE Nifty and BSE Sensex show slight gains, with active trading and mixed performance among stocks.

The experts further advised to continue with the buy-on-dips strategy till the index holds 19,600-19,500 on the downside