Jubilant FoodWorks reported 11.9% YoY growth in consolidated Q2FY27 revenue to Rs 26,087 million, while standalone revenue rose 11.6%. Domino’s India posted 4.1% LFL growth, and the company added 108 stores, taking its network to 3,820. Shares gained 2.42% amid investor focus on demand, sales growth and expansion.
Japanese shares trade lower for a second straight session as investors book profits after a recent rally, while uncertainty over US rates, rising oil prices and geopolitical tensions weigh on sentiment.
Gold and silver prices gained on MCX on Thursday, supported by a weaker dollar and expectations of another US Fed rate hike. MCX December gold rose Rs 557 to Rs 1,49,660 per 10 grams, while December silver gained Rs 327 to Rs 2,23,888 per kg.
South Korean shares trade lower as chip stocks weaken, and rising oil prices fuel inflation concerns, putting the KOSPI on course for a second straight weekly decline.
FIIs sold Rs 13,147 crore worth of financial services stocks in September, accounting for more than a third of their total equity outflow during the month. Banks and financials have remained the biggest target of foreign selling this year, with FIIs offloading Rs 1.15 lakh crore from the sector so far.
Senco Gold shares rose after the jewellery retailer reported a strong Q2FY27 business update. The company said demand remained robust, driven by festive buying, steady jewelleryconsumption and risingpreference for lightweight jewellery, despite elevated and volatile gold prices.
An uptrend signal occurs when the RSI value crosses above 50 from below.
The pattern is represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow.
Four NSE F&O stocks, including ITC and Anand Rathi Wealth, witnessed over 7% gain in futures open interest on October 7, according to StockEdge data. The surge signals fresh position building and increased trader activity across these derivatives contracts during the trading session.
Federal Reserve officials noted the importance of preparing for potential bond market stress and adjusting their balance sheet. They expressed concerns over rising Treasury yields and its implications for the market. The Fed is not considering intervention unless policy transmission is threatened, according to their recent meeting minutes. Minneapolis Fed President Neel Kashkari stated that the Treasury market appears to be functioning well at present.
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