INDIAN MARKETS:

On October 21, At close, the Sensex was down 73.48 points or 0.09 percent at 81,151.27, and the Nifty was down 72.90 points or 0.29 percent at 24,781.10

US MARKETS:

The Dow Jones Industrial Average fell 344.31 points, or 0.80%, to 42,931.60, the S&P 500 lost 10.69 points, or 0.18%, to 5,853.98. The Nasdaq Composite gained 50.45 points, or 0.27%, to 18,540.01

ASIAN MARKETS:

The Nikkei fell by 1.80%. Taiwan's decreased by 0.93%, and the Kospi was down 1.15% from the previous close.

OIL & GAS UPDATES:
US West Texas Crude decreased by 0.41%.  Brent Crude declined by 0.50%.

KEY QUARTERLY EARNINGS:

Bajaj Housing Finance Q2 (YoY): Profit rose 21% to ₹546 crore vs ₹451 crore. Net interest income grew 13% to ₹713 crore vs ₹632 crore. Disbursements fell to ₹12,014 crore vs ₹12,154 crore. AUM increased 26% to ₹1.02 lakh crore vs ₹81,215 crore. Net interest margin dropped to 4.1% vs 4.4%, but expanded QoQ from 3.9%.

Cyient DLM Q2 (YoY): Profit grew 5.5% to ₹15.5 crore vs ₹14.65 crore. Revenue surged 33.4% to ₹389.5 crore vs ₹291.8 crore. EBITDA jumped 34.4% to ₹31.6 crore vs ₹23.5 crore. Margin slightly expanded to 8.1% vs 8%.

Union Bank of India Q2 (YoY): Profit rose 34.4% to ₹4,720 crore vs ₹3,511 crore. Net interest income dropped 0.9% to ₹9,047 crore vs ₹9,126 crore. Gross NPA fell to 4.36% vs 4.54% QoQ, while net NPA increased to 0.98% vs 0.90% QoQ.

Supreme Petrochem Q2 (YoY): Profit grew 15.7% to ₹90.3 crore vs ₹78.05 crore. Revenue rose 17.8% to ₹1,505.6 crore vs ₹1,277.7 crore. EBITDA increased 17.9% to ₹125.2 crore vs ₹106.3 crore, with margins steady at 8.3%.

City Union Bank Q2 (YoY): Profit rose 2% to ₹285.2 crore vs ₹280.6 crore. Net interest income increased 8% to ₹582.5 crore vs ₹538.4 crore. Net interest margin fell to 3.67% vs 3.74%. Gross NPA declined to 3.54% vs 3.88% QoQ, while net NPA dropped to 1.62% vs 1.87%.

Mahindra Logistics Q2 (YoY): Loss narrowed to ₹10.7 crore vs ₹15.9 crore. Revenue grew 11.4% to ₹1,521 crore vs ₹1,365 crore. EBITDA surged 22.2% to ₹66 crore vs ₹54 crore, with margin expanding to 4.3% vs 4%.

KEY STOCKS TO WATCH:

Eicher Motors: Royal Enfield has started operations at its new manufacturing unit and flagship showroom in Bangladesh, in collaboration with IFAD Motors. This is Royal Enfield's sixth assembly unit outside India, joining Nepal, Brazil, Thailand, Colombia, and Argentina.

Sona BLW Precision Forgings: Inaugurated a new plant in Manesar, Haryana, which is its second for driveline business in the area, aimed at meeting increased demand.

MAS Financial Services: Entered into a strategic co-lending partnership with UCO Bank to lend to MSMEs.

FII/DII DATA:

1. FIIs net SOLD Rs 2,261 crore worth shares on 21 October

2. DIIs net BOUGHT Rs 3,225 crore worth shares on 21 October.