Top Buzzing Stocks Today: Spandana Sphoorty, Gillette India, Jio Financial, Federal Bank & More 

The Indian stock market is witnessing a huge movement today, and major activity is being observed in some of the significant stocks. Till Tuesday, October 29, the S&P BSE SENSEX index had fallen by 455.17 points to 79,549.87. NSE NIFTY50 had marginally fallen at 24,289.35 with a fall of 50 points. Here are the top stocks making headlines in today's trading session: 

Spandana Sphoorty Financial
Shares of Spandana Sphoorty Financial fell 16 per cent to ₹386.10 on the BSE. The company had reported a consolidated loss of ₹216 crore for the September quarter, mainly on account of a sharp rise in provisions for stressed loans. Impairment charge increased to ₹516 crore, compared with ₹90 crore a year ago.

Jio Financial Services
Shares in Jio Financial Services rose 2.7% to ₹325.20 as the company incorporated two new entities, Jio BlackRock Asset Management and Jio BlackRock Trustee, which will run mutual fund operations.
As part of Jio's continued foray into financial services, this strategic play has further caught investor imagination.

Gillette India
Gillette India jumps nearly 9% as the stock hit ₹9,350. The company saw year-on-year profit rise to Rs 133 crore for the September quarter with strong demand for its grooming products that include razors and shaving creams. Here's how well Gillette has performed so far today.

Federal Bank
Federal Bank share jumped over 7.5% to ₹198.70. The lender said net profit climbed by 10.79% year-on-year at ₹1,056 crore for the Q2FY25 as net interest income was up 15% at ₹2,367 crore. Also, improvement in asset quality also helped it since GNPA came down to 2.09% compared to 2.26% of the previous year.

Senco Gold
Shares of Senco Gold lost 19% at ₹981.30 since Dhanteras has already begun.

The stock of India's largest jewelry retailer had tanked in the day when it came to know about the cautious investors participating in the festive trading session.

Bharti Airtel
Bharti Airtel shares tanked by 2 percent to ₹1,626.80 after the telecommunication giant declared its results. It posted a strong annual year growth of as high as 168 per cent year on year and touched at ₹3,593.2 crore but net profit after tax skid to 13.6% sequentially, hence disappointing market expectation.

Syrma SGS Technology
Shares of Syrma SGS Technology rose 12% to ₹485.50, buoyed by the Q2 FY25 revenue standing at ₹833 crore, with an 8.9% margin and a profit after tax of ₹39.6 crore. Its balanced sales mix strategy that has slowly moved away from a high dependence on heavy consumers has finally begun to yield some fruits and is helping bolster investor confidence.

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