“Despite the increasingly intensified competition in the automobile industry in the third quarter, the company continued to record profit,” BYD said in a filing.
Big movers on D-Street: What should investors do with HCL Tech, HDFC Life and Trident?
Stocks that were in focus included names like HCL Tech, which rose 0.48%, Delta Corp, which gained 1.74%, and Trident, whose shares dropped 2.56% on Tuesday.
Buy or Sell: Stock ideas by experts for October 18, 2023
Taking Stock: Nifty above 19,800, Sensex gains 261 pts; power, FMCG rally
Top gainers on the Nifty were BPCL, Power Grid Corporation, SBI Life Insurance, HDFC Life and Coal India, while losers included Tata Motors, LT, UPL, IndusInd Bank and TCSMid-day Mood | Broad-based gains lift indices to the day#39;s high; Nifty tops 19,850
Upbeat global cues along with broad-based gains across sectors pushed the market higher. More than two stocks gained for each stock that traded lower — about 2,102 shares gained, 1,004 fell and 135 were unchangedCountry Garden’s entire offshore debt to be in default if Tuesday payment not made
Non-payment of this tranche is set to trigger cross defaults in other bonds as is standard in bond contracts.
ECB ‘quite some distance’ from rate cuts -ECB chief economist
“So it’s going to be some time before we can have a high degree of confidence that inflation is on its way back to 2%.”
Dollar drifts as investors eye Powell speech, yen wobbles near intervention zone
The yen last fetched 149.62 per dollar, having slipped to 150.17 on Oct. 3, the weakest in a year, before getting some relief in a brief rally.
Taking Stock: Market ends lower in lackluster trade; metal, PSU bank gain, pharma drags
On the sectoral front, the metal index was up 1.3 percent, PSU bank index was up 0.7 percent and auto index was up 0.4 percent, while realty and healthcare indices ended lowerMid-day Mood | Markets trade flat amid Middle East conflict; Nifty above 19,750
Investors should hold cash so they can enter the markets when there is a big dip, suggested analysts.