GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded higher as the index was up 83 points or 0.34% at 24,415 indicating a higher start for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 closed the session 158 points or 0.65% higher at 24,339, while the BSE Sensex rose 603 points or 0.76% to close at 80,005.
Stocks to watch on October 29, 2024
Adani Power
Adani Power reported its fiscal second-quarter earnings with a profit of Rs 3,297.52 crore, down 50% in comparison to Rs 6,594.17 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 13,338.88 crore, up 2.7% as against Rs 12,990.58 crore during the same period of the previous financial year.
Also Read Stocks To Watch: ITC, IndusInd Bank, Mahanagar Gas, Godrej Consumer, NTPC, Axis Bank, Coal India, Patanjali Foods, JSW Energy Stocks To Watch: TCS, Tata Elxsi, IREDA, Mazagon Dock Shipbuilders, Bandhan Bank Stocks To Watch: Tata Technologies, Vodafone Idea, Infosys, Godrej Consumer Products, Sheela Foam Stocks To Watch: Kalyan Jewellers, IndusInd Bank, TCS, Tata Motors, HDFC Bank
Bharti Airtel
Bharti Airtel announced the appointment of Shashwat Sharma as the new managing director and chief executive officer (CEO) of the company effective January 1, 2026. Sharma, who is currently the chief operation officer (COO), will replace Gopal Vittal, who is being appointed as the executive vice chairman of Bharti Airtel.
Bharti Airtel announced its fiscal second-quarter earnings with profit at Rs 3593.20 crore, posting a growth of 168% in comparison to Rs 1340.70 crore during the corresponding quarter of FY24, missing estimates. It posted revenue from operations at Rs 41,473.30 crore, up 12% as against Rs 37,043.80 crore recorded during the same period of the previous financial year.
Indian Oil Corp
Indian Oil Corp’s net profit fell 99% to Rs 180 crore, compared to Rs 12,967 crore in the same quarter last year. Its revenue from operations declined 4% year-on-year (YoY) to Rs 1.95 lakh crore in the reporting quarter, down from Rs 2.02 lakh crore a year ago.
Macrotech Developers
Abhishek Lodha and family,
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