Business News Updates | 30-10-2023
Some of the top business news headlines for October 31, 2023:
- Indian stock markets trade lower; Sensex, Nifty down over 1%.
- Marico, Castrol India, TVS Motor among stocks in focus today.
- Food delivery apps Zomato, Swiggy facing heat from restaurateurs over steep charges.
- Open Network for Digital Commerce (ONDC) could help restaurants become more profitable, say restaurateurs Riyaaz Amlani and Zorawar Kalra.
- India’s Hemayetpur-Bhatara metro rail work to begin on November 4.
- BNP announces 3-day nationwide blockades from Tuesday.
Other notable business news stories:
- DCX Systems stock zooms 11% as investors cheer over 100% spike in Q2 net profit.
- ONGC Q2 net profit falls 14% YoY to Rs 3,854 crore.
- UPL Q2 net profit rises 21% YoY to Rs 1,948 crore.
- HDFC Bank Q2 net profit rises 19% YoY to Rs 9,595 crore.
- Reliance Industries Q2 net profit rises 23% YoY to Rs 16,101 crore.
Some of the top financial market news headlines for October 31, 2023:
- Indian stock markets trade lower; Sensex, Nifty down over 1%.
- Asian stock markets mixed; Nikkei up 0.5%, Hang Seng down 1%.
- European stock markets flat; CAC 40 up 0.1%, FTSE 100 down 0.1%.
- US stock futures point to a flat open.
- Gold prices trade flat; spot gold at $1,705 per ounce.
- Brent crude oil prices down 1% at $94 per barrel.
- USD/INR exchange rate at 75.20.
Other notable financial market news stories:
- DCX Systems stock zooms 11% as investors cheer over 100% spike in Q2 net profit.
- ONGC Q2 net profit falls 14% YoY to Rs 3,854 crore.
- UPL Q2 net profit rises 21% YoY to Rs 1,948 crore.
- HDFC Bank Q2 net profit rises 19% YoY to Rs 9,595 crore.
- Reliance Industries Q2 net profit rises 23% YoY to Rs 16,101 crore.