Markets in Consolidation, Key Stocks to Watch: SBI, M&M, Airtel, Adani Enterprises, Power Grid.
The Indian stock market held steady on Monday, with the Nifty closing nearly flat, indicating continued consolidation after a strong October rally. Key stocks in focus include SBI, M&M, Airtel, Adani Enterprises, and Power Grid. Titan reported a 59% YoY growth in consolidated net profit, while Bharti Airtel saw a 89% growth/fall in its consolidated Q2 net profit. Vodafone Idea received relief from the Supreme Court, allowing the Centre to reconsider and reconcile the telecom company's pending dues. Cipla inked a pact to fully acquire Inzpera Healthscience for around Rs 111 crore. Adani Power opted for international arbitration to resolve disputes over Bangladesh's power supply payments.

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