INDIAN MARKETS:

On October 14, At close, the Sensex was up 591.69 points or 0.73 percent at 81,973.05, and the Nifty was up 163.70 points or 0.66 percent at 25,128.

US MARKETS:

The S&P 500 gained 44.82 points, or 0.77%, to 5,859.85 points, while the Nasdaq Composite climbed 159.75 points, or 0.87%, to 18,502.69. The Dow Jones Industrial Average rose 201.36 points, or 0.47%, to 43,065.22

ASIAN MARKETS:

Topix up 0.81%, Nikkei up 0.98%, Hang Seng down 0.22%, Taiwan up 0.65%, Kospi down 0.15%.

OIL & GAS UPDATES:
US West Texas decreased 2.97%, while Brent Crude decreased by 2.87%.

KEY QUARTERLY EARNINGS:

Reliance Industries Q2: Profit down 2.8% to Rs 19,323 crore, revenue up 0.8% to Rs 2,58,027 crore, EBITDA down 2% to Rs 43,934 crore, margin at 17%. QoQ profit rises 10.8%, EBITDA up 2.8%.

Jio Platforms Q2: Profit up 23.4% to Rs 6,539 crore, revenue up 17.7% to Rs 37,119 crore.

Reliance Retail Q2: Profit up 1.3% to Rs 2,836 crore, revenue down 1.1% to Rs 76,302 crore.

HCL Tech Q2: Profit down 0.5% to Rs 4,235 crore, revenue up 2.9%, EBIT up 11.8%, margin at 18.6%. Dividend: Rs 12/share. FY25 revenue guidance: 3.5-5% YoY growth.

Angel One Q2: Profit up 39.1%, revenue up 44.55%.

KEY STOCKS TO WATCH:

JSW Infrastructure received a Letter of Intent from the Maharashtra Maritime Board to develop and operate a multipurpose port at Palghar on a PPP basis under a DBOOT model.

Lyka Labs got approval from the CDSCO to manufacture and market Pregabalin Gel 8% for diabetic neuropathic pain in India after completing Phase III trials.

Zydus Lifesciences signed an MoA with ICMR to start Phase 2 trials of Desidustat for sickle cell disease.

CESC’s subsidiary, Purvah Green Power, will acquire 100% of Deshraj Solar Energy.

Authum Investment will buy a 79.28% stake in ISARC for Rs 262.1 crore.

J Kumar Infraprojects secured a Rs 297.83 crore order from Pune Municipal Corporation for the Mula River development project.

FII/DII DATA:

1. FIIs net SOLD Rs 3,731 crore worth shares on 14 October

2. DIIs net BOUGHT Rs 2,278 crore worth shares on 14 October.