Nifty ended flat with a gain of 1 point, awaiting an upside breakout. Artisan Partners divested a 1.2% stake in Indus Towers. S&P 500 hits a fresh record high. Vedanta considers minority stake sale in Zambian copper assets. Apollo Tyres’ Q3 net profit jumps 78%. Alibaba misses revenue estimates, boosts share buyback. Sobha’s net profit falls 53%. Foreign portfolio investors turn net sellers. JK Paper reports a 29% decline in net profit. Oil prices rise on lower-than-expected rise in US crude stockpiles. Get all the latest updates on the stock market.
Tech View: Nifty on Thursday ended 144 points higher and formed a high-wave type candle pattern. Larsen & Toubro raises Rs 1,500 crore through NCDs. US stocks open higher on hopes of the end of Fed’s rate hikes. Oil gains 1% after Fed keeps rates unchanged. Pound rises after Bank of England holds rate steady. Akzo Nobel India reports a 44% increase in net profit. Tata Motors reports Q2 results with a rise in revenue. Adani Enterprises reports a 848% growth in net profit in Q2.
