Stocks In News Today, October 17: Key stock indices gained on Friday to finish with a gain of over a per cent. Sensex jumped 684.64 points to close at 57,919.97. Meanwhile, Nifty collected 171.35 points to close the week at 17,185. The gain was boosted by heavy buying in Infosys, banking and finance stocks amid a rally in global stock markets. The 30-share BSE Sensex gave up some gains to close 684.64 points or 1.20 per cent higher at 57,919.97. On the global market front, Asian equities ended in the green after US stocks pulled off an amazing reversal to close significantly higher overnight.

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These are stocks which will be in focus today: 

 

DMart

D-Mart retail chain owner Avenue Supermarts on Saturday reported a 64.13 per cent rise in its consolidated net profit at Rs 685.71 crore in the July-September quarter of FY23 as the average basket values continue to be elevated. The company had posted a net profit of Rs 417.76 crore in the corresponding quarter a year ago.

 

Bajaj Auto

Bajaj Auto on Friday reported a 16 per cent decline in its consolidated net profit to Rs 1,719 crore for the September quarter, hit by a 25 per cent dip in overseas shipments.

Shree Cement 

Buy Price: Rs 21082.45
Price Target: Rs 20,500
Stop Loss: Rs 21318

 

HDFC Bank 

HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore.

Can Fin Homes

 

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