Indian markets are expected to be impacted today. As of 7:30 AM, GIFT Nifty futures were down by 27.65 points at 22,969.
In the previous session, the Sensex dropped by 200 points (0.26%) to 75,939.21, while the Nifty50 fell by 102.15 points (0.44%) to 22,929.25.
Easy Trip Planners reported a 26% drop in net profit for Q3FY25 at ₹33.6 crore, down from ₹45.6 crore a year ago.
Glenmark Pharma posted a net profit of ₹348 crore, recovering from a ₹351 crore loss in the same quarter last year.
Reliance Industries plans to challenge the Delhi High Court’s ruling on gas siphoning in the Krishna-Godavari basin in the Supreme Court.
Godrej Properties acquired 12 land parcels between April and December to develop housing projects worth ₹23,450 crore.
Bank of Maharashtra received approval from the RBI to set up an IFSC Banking Unit in GIFT City.
SAIL plans to invest $800 million in a new rail mill.
Mahindra Lifespaces is looking to raise ₹1,500 crore through a share issue to reduce debt and fund expansion.
These developments could impact market sentiment and stock movements today.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 17, 2025, 8:57 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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