Pre-Market Analysis 
07-Nov-2024

Support Level : 24300
Resistance Level : 24800

Support Level : 51800
Resistance Level : 52800

Result corner

– Power Grid Ltd. Q2FY25 consolidated revenues rise by 0.1% YoY to ₹11,277 cr and net profits rise 0.3% YoY to ₹3,793 cr
– Tata Steel Ltd. Q2FY25 consolidated revenues fall by 3.2% YoY to ₹53,905 cr and net profits rise by 111% YoY to ₹758.8 cr

Stocks in news

– RVNL  Company’s consortium emerges as lowest bidder for order worth Rs 19.17 Billion.– WIPRO  Company announces strategic partnership with Relex solutions.– KIMS  Company expands to Kerala with a plan of establishing 3000 beds over the next 5 year.

Quick Takeaways

-Crude oil prices plummet 2.5% on strong US dollar; Brent slips below $74-Finance Ministry asks PSU banks to take steps to meet loan targets for agri-allied sector