News for Saregama India Limited (SAREGAMA.NS)

Paytm expands to Saudi Arabia, Adani exits FMCG, SBI oversubscribed QIP, ONGC-BP collaboration, Emami invests in pet care, and more.

Indian markets ended lower on Wednesday as rising Middle East tensions and volatile oil prices weighed on IT and financial stocks. Analysts expect investors to focus on quality large-caps until clarity emerges post the US Fed decision.

Major gainers and laggards in Nifty 50 pack, Sensex and Nifty performance, market analysis, and expert advice summarized.

In the Nifty 50 index, 15 stocks ended in the green, while 35 stocks closed in the red in today's trade.

The NSE Nifty index was trading 64.75 points down at 23940.0

“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.

In the Nifty50 index, 21 stocks closed in the green, while 29 stocks ended in the red.

Deepika Padukone was spotted walking through Bangalore traffic to attend Diljit Dosanjh’s Dil-Luminati concert, marking her first public appearance since giving birth. She wore a ’Lover’ sweatshirt and was later invited on stage by Dosanjh, who praised her career and skincare brand.

The difference between the share of FIIs and DIIs reduced hit an all-time low of 1.09% (17.55% vs 16.46%) as on September 30, 2024.

Stocks to buy: The negative momentum may not turn around immediately, but these five stocks are all attractive from one-year perspective, Emkay Global said.

Saregama India Limited denies interest in acquiring Dharma Productions, clarifies no material event requiring disclosure. Trading up on NSE.

Indian indices ended flat amid profit booking in energy stocks. Analysts anticipate volatility as geopolitical tensions rise and support levels for Nifty are observed around 25,650-700.

Indian equity indices Sensex and Nifty50 registered their steepest drop in two months due to profit booking and weak Asian markets, breaking below key support levels. Analysts highlight potential further weakness with key support at 25,750 and resistance at 26,000. The bearish sentiment affected both major and smaller stocks.

The Nifty Bank index closed 1.59 per cent down at 52978.1.

The Nifty Realty index closed 1.68 per cent down at 1099.0.

Lakshmi Finance, Vaswani Ind, Vakrangee, VLS Finance and Saregama India, hit their fresh 52-week highs during the day.

Hero MotoCorp, Trent, RIL, Axis Bank and BEL were among the top losers on NSE in today's trade.

The Nifty Pharma index closed 1.01 per cent down at 23281.2.

Indian indices hit new highs for the fifth straight session, led by financials and energy, while small-caps declined. Nifty closed at 26,004, up 0.25%. Analysts remain positive on the market, with support at 25,800 and resistance at 26,200-26,250.