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906
GLAND: Q2 CONS NET PROFIT 2.91B RUPEES VS 1.84B (YOY)
GLAND: Q2 EBITDA 4.84B RUPEES VS 3.14B (YOY); Q2 EBITDA MARGIN 26.40% VS 21.11% (YOY)
GLAND: Q2 REVENUE 18.34B RUPEES VS 14.87B (YOY)
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WABAG: In watchlist for fresh entry. At 1980. Reclaimed its 50 DMA with good volumes. Good to add at 2-3 price points.
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CMRGREEN: Q2 CONS NET PROFIT 663.5M RUPEES VS 509.1M (YOY)
CMRGREEN: Q2 EBITDA 1.49B RUPEES VS 1.16B (YOY); Q2 EBITDA MARGIN 4.30% VS 5.32% (YOY)
CMRGREEN: Q2 REVENUE 34.72B RUPEES VS 21.81B (YOY)
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GOLD : Failed to close above $4125. We need to consider as bearish view is in tact. The next Federal Reserve FOMC meeting is scheduled for December 8–9, 2026, with the interest rate decision and policy statement announced on Wednesday, December 9, 2026, at 2:00 PM ET. With the change in political situation at US, if the FED increases rates then expect major correction in GOLD. So for now just stay sideways.
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NIFTY : Only NIFTY is up. Most of the mid and smallcaps are in sell off mode. The recent 2000+ points rally not added much in most of the retail players portfolio.
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Sell off in US Markets
---------------------———-
AI Tech Wreck On Wall Street Led By Chip Makers | $2.3 Trillion In Market Value Wiped Out
- Worst day for Wall Street in 19 months; Nasdaq enters technical correction
- Russell 2000 also enters technical correction
- Tesla, SpaceX lost $420 billion in combined market cap
- Magnificent 7 lost $1 trillion in market cap
