Stock Market LIVE Updates: Nifty at 25,100, Sensex up 560 pts; IT, banks shine, media drags

Update The Sensex was up 538.61 points or 0.66 percent at 81,919.97, and the Nifty was up 141.50 points or 0.57 percent at 25,105.80. About 1738 shares advanced, 1749 shares declined, and 114 shares unchanged.

The Sensex was up 538.61 points or 0.66 percent at 81,919.97, and the Nifty was up 141.50 points or 0.57 percent at 25,105.80. About 1738 shares advanced, 1749 shares declined, and 114 shares unchanged.

Investors will likely focus on Reliance Jio’s ARPU growth and growth in the retail segment in Q2 FY25 earnings report...

Rakesh Agarwal has resigned as Chief Financial Officer (CFO) of the company due to personal priorities, effective November 10.

The company has entered into a Share Purchase Agreement with Axis Trustee Services (as the trustee of Roadstar Infra Investment Trust) to sell 24.35 crore equity shares of its subsidiary, Barwa Adda Expressway.

According to a Moneycontrol poll, HCLTech’s Q2FY25 revenue is forecasted to grow by 1.6 percent quarter-on-quarter (QoQ) to Rs 28,517 crore, while profit after tax (PAT) is expected to decline by 5.5 percent QoQ to Rs 4,024 crore.

HCLTech is gearing up to announce its Q2FY25 results on October 14, with revenue likely to see a sequential rise, though net profit may face pressure. Analysts expect profit to dip due to sluggish growth in the software business, the absence of revenue from the divested State Street BPO, and a potential normalisation of other income streams.

The company's subsidiary, JSW Port Logistics, has completed the acquisition of a 70.37 percent stake in Navkar Corporation from its promoters.