Trade Setup for October 23: Have the Nifty bears opened doors for a drop to 24,000?

The two-day fall has led to a cumulative erosion of ₹13.7 lakh crore worth of investor wealth.

The two-day fall has led to a cumulative erosion of ₹13.7 lakh crore worth of investor wealth.

For the second quarter, Amber Enterprises reported revenue from operations of ₹897.79 crore, a decline from ₹1,764.06 crore in the previous quarter. For the first half, the company achieved a total revenue of ₹2,661.85 crore.

Reliance Infrastructure already has successful defence joint ventures, including Dassault Reliance Aerospace Ltd (DRAL) and Thales Reliance Defence Systems (TRDS), which export 100% of their production. Shares of Reliance Infrastructure Ltd ended at ₹254.25, down by ₹13.35, or 4.99%, on…

The market regulator has also reinforced rules to curb entities making unverified claims regarding investment returns.

Chennai Petroleum Corporation Ltd reported a net loss of ₹633.7 crore for the second quarter that ended September 30. Shares of Chennai Petroleum Corporation Ltd ended at ₹883.45, down by ₹20.35, or 2.25%, on the BSE.

The company’s net interest income (NII) reached ₹1,963.2 crore, exceeding the CNBC-TV18 poll forecast of ₹1,858.6 crore.

Some entities in the list are Ranger Capital, TDFX, Inefex, YorkerFX, Growline, Think Markets, Smart Prop Trader, FundedNext, Weltrade, FreshForex, FX Road, DBG Markets, and Plusonetrade.

In dollar terms, the company’s revenue reached $345.5 million against $328.2 million, reflecting a 5.3% growth over the June quarter of the current fiscal. Shares of Persistent Systems Ltd ended at ₹5,168, down by ₹80.10, or 1.53%, on the BSE.

Demand for gold has increased due to several factors. Investors seek safe-haven assets amid growing geopolitical tensions in the Middle East.

Adani Green on Tuesday (October 22) reported a 38.8% YoY jump in net profit at ₹515 crore in Q2 FY25. Shares of Adani Green Energy Solutions Ltd ended at ₹1,684.20, down by ₹26.30, or 1.54%, on the BSE.