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Impavid Bulletin

markets

Oil price today: Brent crude futures rose 86 cents, or 0.75 per cent, to USD 115.74 a barrel as of 0122 GMT. US West Texas Intermediate (WTI) crude futures rose 72 cents, or 0.71 per cent, to USD 102.72.

Suzlon Energy share price fell over 7 per cent on Friday after the company reported a marginal rise in comparable net profit for the September quarter. Nuvama sees 11.44 per cent upside.

Bharat Electronics Q2 Results FY27 Preview: The September-quarter earnings will provide further clarity on BEL's operating performance and progress towards its full-year targets, particularly as the company works to secure fresh defence contracts and improve margins during the second half of the financial year.

IT stocks rallied sharply on October 30 after Cognizant reported better-than-expected quarterly earnings. Coforge, Infosys, and TCS were among the top gainers as the Nifty IT index surged nearly 2%.

Trent share price jumped nearly 7% after the Tata Group retailer reported a 25% rise in profit for Q2FY27, boosting investor sentiment on Friday. UBS has set a share price target of Rs 3,800, indicating a potential upside of 32.79%

SFC Environmental Technologies IPO investors can check share allotment status today via BSE, NSE, and MUFG Intime. The IPO was subscribed 9.47 times, while the latest GMP points to modest listing gains.

BLS Polymers IPO investors can check allotment status today through BSE, NSE, and KFin Technologies. The IPO drew a massive 241.22 times subscription, while the GMP indicates strong listing gains.

Cognizant Q3 Result: IT giant Cognizant reported Q3 revenue of USD 5.66 billion, while Nuvama flagged near-term growth risks. Nomura maintained its Buy rating and raised its target price to USD 76.

Indian benchmark indices ended higher on October 30, driven by gains in IT and pharma stocks. While the Nifty reclaimed the 23,000 mark, broader market sentiment remained weak with decliners outnumbering advancers.