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Latest Indian market and business headlines. Updated every 15 minutes · fetched 29 Oct, 11:44 IST.

Microsoft beats expectations fueled by Azure cloud business

Microsoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. The Azure cloud services experienced a remarkable growth of 48%, driven by an increasing demand for AI technologies. In a strategic move, the company has offered voluntary buyouts to 60,000 employees while continuing to innovate hardware aimed at enhancing AI capabilities.

Economic Times · 29 Oct, 11:18 Markets

Shares in Google owner Alphabet sink on profit miss, ad slowdown

Alphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to September. The net profit dropped 25 percent to $26.2 billion, which fell short of analyst predictions. While YouTube's revenue growth has decelerated, Google Cloud's revenue impressive surged by 103 percent. The company reports substantial capital expenditures at $51.

Economic Times · 29 Oct, 11:14 Markets

Why is market rising today? Sensex jumps 600 points, Nifty nears 22,900. 6 key factors behind Rs 3 lakh crore gains

On Thursday, the Indian stock market saw significant upward movement, propelled by the Federal Reserve's decision to maintain steady interest rates. The Sensex climbed by over 600 points, surpassing the 73,860 mark, while Nifty 50 gained 175 points, approaching 22,875. Broader indices like Nifty Smallcap 100 and Nifty Midcap 100 also witnessed increases of up to 0.6%. Traders should brace for potential fluctuations as expiry day approaches.

Economic Times · 29 Oct, 11:01 Markets

EAAA India Alternatives IPO allotment likely today: Check GMP and how to check allotment

EAAA India Alternatives’ Rs 1,200 crore IPO was subscribed 5.51 times, led by strong demand from institutional investors. The allotment is expected to be finalised today, while the shares are scheduled to list on the BSE and NSE on November 2, 2026. The IPO’s grey market premium suggests modest listing gains.

Economic Times · 29 Oct, 10:58 Markets

Headlines link to the original publisher. Source: Indian Stock API.