Asian markets traded mostly higher on Thursday, tracking overnight gains on Wall Street after the US Federal Reserve kept interest rates unchanged at 3.75%-4%. Investors are now awaiting the Bank of Japan's (BOJ) monetary policy decision, due on Friday, October 30.
US stocks closed higher overnight after the Federal Reserve left interest rates unchanged.
Here's a table showing how US stocks performed on Wednesday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 321.89 | 5.06 | 1.60% | 323.13 | 319.68 | 404.44 | 268.43 |
Apple | 343.83 | -3.27 | -0.94% | 347.18 | 343.52 | 351.73 | 243.42 |
Meta | 612.49 | -7.7 | -1.24% | 624.42 | 609 | 779.82 | 520.26 |
Tesla | 404.22 | -3.24 | -0.80% | 410.85 | 397.18 | 498.82 | 297.38 |
Netflix | 61.99 | -0.53 | -0.85% | 62.65 | 61.51 | 116.73 | 61.51 |
Amazon | 254.6 | 1.5 | 0.59% | 255.36 | 251.98 | 287.16 | 196 |
Microsoft | 531.01 | -0.32 | -0.06% | 535 | 526.14 | 551.15 | 349.2 |
Dow Jones | 52475.1 | 97.53 | 0.19% | 52634.32 | 52335.43 | 54744.33 | 45057.28 |
Nasdaq | 29813.16 | 161.71 | 0.55% | 29848.71 | 29618.42 | 31361.37 | 22841.42 |
Source: Equitymaster
At present, the BSE Sensex is trading 115 points higher, and NSE Nifty is trading 30 points higher.
Adani Ports, TCS, Bharti Airtel are the top gainers today.
Bajaj Finserv, Axis Bank, Eternal on the other hand is among the top losers today.
The BSE 150 Midcap index is trading 0.1% higher and the BSE 250 SmallCap index is trading 0.1% higher.
Sectoral indices are trading on a mixed note today, with stocks in the insurance sector and IT sector witnessing selling pressure, while stocks in the services sector and telecommunication sector are seeing buying interest.
The rupee is trading at Rs 95.2 against the US dollar.
Hero MotoCorp Q2 FY27 Results
Shares of Hero MotoCorp came into focus after the company reported its Q2 FY27 results.
Hero MotoCorp's consolidated profit for the quarter rose to Rs 18.61 billion, compared with Rs 13.08 billion in the year-ago period, according to a regulatory filing.
Revenue from operations increased 23% year-on-year to Rs 149.71 billion, from Rs 122.18 billion in the corresponding quarter last year.
The company said its results for the quarter and half-year included a gain of Rs 3.97 billion from the equity consolidation of an associate company, following a capital raise through a Qualified Institutional Placement (QIP) and private placement.
Revenue growth was largely driven by higher volumes. Hero MotoCorp dispatched 1.868 million motorcycles and scooters during the quarter, registering a 10% year-on-year increase. The scooter segment recorded 47% growth, with volumes reaching 240,000 units in the September quarter of FY27.
VIDA electric scooter retail volumes rose 76% year-on-year to 66,531 units during the quarter.
In Q2 FY27, the automaker entered Germany, marking its presence in its 54th global market. It also launched the XPulse 200 4V and XPulse 200 4V Pro in Bangladesh.
Titagarh Rail Systems Bags Additional Railway Wagon Order
Titagarh Rail Systems has received an additional order from the Ministry of Railways for the manufacture and supply of 4,955 BOXNHL wagons, valued at Rs 17.17 billion plus GST, under the option clause of the original contract.
The amendment letter, dated October 28, 2026, was issued by the Railway Board under Clause 12 (Option Clause) of the original contract. With this additional order, the total quantity of BOXNHL wagons has increased to 9,994 units, while the original pricing, terms and conditions remain unchanged.
The total amended contract value now stands at Rs 104.04 billion, inclusive of GST. The order, awarded by a domestic entity, is scheduled to be executed within 222 days from the date of the amendment, with deliveries due by June 7, 2027.
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