· Original article
Jio IPO enters second day after 3.16-times subscription, led by institutions
Jio IPO bidding entered its second day on October 22 after 3.16-times subscription, with institutional demand outpacing retail participation.
FINANCEVELIX / News
Equities & companies · Page 339
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· Original article
Futures open interest jumps over 10% in ABB India and three other stocks
Futures open interest rose more than 10% in four NSE F&O stocks on October 21, led by Sona BLW Precision Forgings, StockEdge data showed.
· Original article
Indian IT Stocks Add ₹3.87 Lakh Crore as Foreign Buying Returns Selectively
Indian IT stocks gained ₹3.87 lakh crore in October, but selective foreign buying and weak earnings growth leave a sector-wide turnaround uncertain.
· Original article
Eternal shares rise 2% as Q2 profit jumps and Blinkit lifts expansion targets
Eternal shares gained 2% after Q2 FY27 profit rose 92.3%, while Blinkit raised store targets and brokerages updated their growth and margin forecasts.
· Original article
Nikkei decline led by chip stocks as 2027 AI spending concerns weigh
The Nikkei decline left Japan’s benchmark down 0.8% as chip shares retreated and investors questioned the durability of AI spending into 2027.
· Original article
Nifty Decline Reaches 1% as Brent Tops $110 and Sensex Loses 691 Points
The Nifty decline reached 1% in early trade on October 22 as Brent crude topped $110, geopolitical tensions intensified and Asian equities fell.
· Original article
Mahindra Finance shares fall 10% as analysts flag funding and credit risks
Mahindra Finance shares fell as much as 10% after Q2 results, while Nomura cut its target and flagged funding costs and tractor-loan risks.
· Original article
Wendel NAV rises 5.1% as asset management grows and Stahl sale closes
Wendel NAV reached €167.0 per share in Q3 2026 as asset management fees grew and the completed Stahl disposal delivered €1.14 billion.
· Original article
Pharming revenue rises 21% as company narrows 2026 outlook
Pharming revenue is expected to reach $117.6 million in Q3 2026, as the biotech narrows annual sales guidance and lowers its operating expense forecast.
· Original article
Nifty 50 Futures Face 22,790 Resistance as Index Remains Under Pressure
Nifty 50 futures recovered from an early low on October 22, but BusinessLine’s technical analysis puts the next key resistance at 22,790.
· Original article
Nokia earnings rise on AI demand as cash-flow expectations weaken
Nokia earnings show stronger Q3 sales and comparable profit, but restructuring and working-capital spending weigh on cash-flow expectations.
· Original article
Argenx earnings rise as VYVGART sales reach $1.72 billion in third quarter
Argenx earnings rose to $506 million in the third quarter as VYVGART sales grew, while the company outlined regulatory filings and late-stage trial milestones.
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