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21.11 / 00:35
markets UPS Analysis Research Trade Experts Fewer stocks suffer deep cuts in the current selloff
small-cap stocks appear to have held up better in the recent risk-off sentiment than on other similar occasions in the past. An ET study comparing the current selloff with some previous ones showed that the number of stocks that fell over 30% amid the current 10% decline in the Nifty since September 27 is lower than in earlier instances. The study compared how many stocks fell by what extent whenever the benchmark indices fell at least 10% from their highs. In the past decade, the Nifty has fallen at least 10% from its highs on at least six occasions (including the current one). In most of these instances, more mid-cap and small-cap stocks have fallen at least 30% than in the ongoing declines.
21.11 / 00:35
markets UPS MET Strategy awards reports CM Naidu fulfills promise: Rs 60k cr BPCL project to come up near Andhra port
oil refinery and a petrochemical hub at Ramayapatnam in Nellore district that entails an investment of Rs 60,000 crore, fulfilling a promise made at the time of the state’s bifurcation in 2014 and giving chief minister N Chandrababu Naidu a boost. Bharat Petroleum Corp. Ltd (BPCL) will establish the refinery and hub on 1,000 acres of land, said people with knowledge of the matter. As first reported by ET on July 11, the state government had offered three locations to BPCL — Srikakulam, Machilipatnam and Ramayapatnam. After a meeting with the BPCL’s senior leadership in July, Naidu had ordered detailed feasibility studies for the three sites. A formal announcement is likely to be made by the end of the month, said the people cited above.
21.11 / 00:35
markets Target Analysis Research wellness Trade Experts Axis, KIMS among HSBC’s 12 ‘actionable’ stock ideas in Asia
Axis Bank and Krishna Institute of Medical Sciences (KIMS) are among HSBC Global Research’s 12 ‘actionable’ stock ideas in Asia. “We believe Asia in 2025 will look very different from what it did in the past few years,” said HSBC’s analysts. “Mainland China is turning a corner, India is slowing, ASEAN is investing in new infrastructure, and, in North Asia, the story is all about AI and returning cash to shareholders through dividends and share buybacks.
21.11 / 00:35
markets Aviat Airlines security Strategy awards Flight departure delayed may not be comfort denied: Deplaned passengers can reboard without rescreening after 2-hour tarmac delay
security checks, officials told ET. IGI Airport will build a separate, temporary enclosure for passengers stranded due to the take-off delays — expected in fog season this winter — as the Centre tweaks a key security-related rule to ease the pain of travellers and airlines. The proposed changes to the security protocol will allow the airlines to optimally use slots at India’s busiest aviation hub, saving critical time in a season when foul weather often drastically shortens effective operating hours.
21.11 / 00:35
markets Target security Analysis Trade Experts reports Adani Green Energy raises $600 million via 20-year bonds
Adani Green Energy, India's largest private sector renewable power company, on Wednesday raised $600 million through a 20-year bond, sources close to the development told ET. This issue comes a month after the group postponed a $1.2-billion bond offering as some investors differed over pricing of the instruments. ET reported on Monday the company would be raising $600 million through a bond issuance.
21.11 / 00:35
markets UPS Aware Strategy Experts RAI Executors of Ratan Tata's will start on shortlist for NGO boards
Tata had set up the Ratan Tata Endowment Foundation and Ratan Tata Endowment Trust in his last years, to bequeath a significant portion of his assets. People close to the recently-deceased industrialist said his wish was that the two organisations continue philanthropy. Senior lawyer Darius Khambata and Tata Sons chairman N Chandrasekaran are among those seen as most likely to be part of the foundation, as Tata had expressed a desire to include them on the board, the people said.
21.11 / 00:35
markets Citi Strategy information reports Department German cache lands on I-T browser; data on over 1,000 Indians with Gulf homes sent
It is not immediately clear how a mountain of sensitive data, pertaining to resident Indians' undisclosed properties in Dubai and other cities in the UAE, landed in the hands of German authorities. Nonetheless, the ownership details of over 1,000 Indians have reached the income tax (I-T) department as per the 'spontaneous exchange of information' mechanism under the Double Taxation Avoidance Agreement (DTAA) between India and Germany, sources told ET.
21.11 / 00:19
markets COST UPS Manufacturing reports International Steelmakers warn of Q3 revenue drop, pin hopes on Q4 rebound
Subscribe to enjoy similar stories. For India's steelmakers facing the lowest prices in the last four years, things may get worse before they get better. Top manufacturers including Tata Steel Ltd and the Steel Authority of India Ltd (SAIL) are bracing for a challenging December quarter, with a recovery expected only in the fourth quarter.
21.11 / 00:19
markets UPS FIVE Platform wellness track One of India’s Warren Buffetts buys stake in ASM Tech. Here are 3 other hidden gems in his portfolio
Subscribe to enjoy similar stories. When a master strategist makes a move, the market takes notice. According to data from Screener.in, a platform that tracks substantial holdings by top investors, one of India’s “Warren Buffetts," known for his Midas touch in small and midcap stocks, has quietly added a new stock to his portfolio.
21.11 / 00:19
markets UPS Manufacturing PwC hospital reports Piramal unfazed even as Trump return may fuel uncertainty in its biggest market
Subscribe to enjoy similar stories. Piramal Pharma Ltd is confident that the company’s American facilities can help it navigate the volatility in its largest market US following Donald Trump’s comeback, according to chairperson Nandini Piramal. Trump’s second inning is likely to spell uncertainty for pharma companies, she told Mint, referring to his plan to impose import tariffs to make American industry stronger.
21.11 / 00:19
markets UPS Target show reports travelers International VIP Industries revives sale talks
Subscribe to enjoy similar stories. Global private equity firm Advent International is eyeing a controlling stake in listed luggage and travel accessories maker VIP Industries, three people with knowledge of the development said. This marks a revival of sale talks after almost a year when the Dilip Piramal-led promoter group first decided to pare stake.
21.11 / 00:19
markets Extreme security Trade Experts cover Sebi margin rule on option sellers more bite than bark
Subscribe to enjoy similar stories. A perceived small change by the market regulator to strengthen the index derivatives framework may have a larger-than-anticipated impact on option trading volumes when it is applied on Thursday for the first time at the expiry of the weekly Nifty options contracts, market experts said.
21.11 / 00:19
UPS Provident Digital Aware security reports Department State-run EESL plans to sell its 49Percent stake in IntelliSmart
Subscribe to enjoy similar stories. State-run Energy Efficiency Services Ltd (EESL) plans to sell its 49% stake in IntelliSmart Infrastructure Pvt. Ltd, its joint venture with National Investment and Infrastructure Fund Ltd (NIIF) for smart metering and digital solutions, two people aware of the development said.
21.11 / 00:19
markets UPS IPO Juniper hospital reports travelers Hotels join the fray as IPO frenzy continues
Subscribe to enjoy similar stories. While new-age ventures received all the spotlight in the markets, hospitality companies have quietly drawn serious interest from investors after the post-pandemic boom in travel and tourism. Samhi Hotels Ltd, Apeejay Surendra Park Hotels Ltd and Juniper Hotels Ltd have gone public, and some big-ticket block deals have happened.
21.11 / 00:19
markets Manufacturing Analysis ICE Fishing Diversity show Why retail investors continue to root for the underdogs
Subscribe to enjoy similar stories. India’s retail investor landscape is undergoing a dramatic transformation. While a diverse range of stocks has captured the fancy of individuals fishing in the equity markets, the mid-cap and small-cap segment—perceived as riskier but with higher potential returns—remains a key draw.
21.11 / 00:19
markets UPS IPO Hyundai performer reports Equality Hyundai India struggles to steer past margin woes
Subscribe to enjoy similar stories. Hyundai Motor India Ltd’s lukewarm stock market debut in October was followed by an equally underwhelming maiden quarterly performance. A key disappointment was the 70-basis-point (bps) sequential drop in operating margin, which fell to 12.8% in the September quarter (Q2FY25).
20.11 / 23:39
markets Provident Airlines Strategy wellness reports Investigations UFOs, aliens spotted? Hundreds of other cases remain unexplained. Details here
UFOs has revealed hundreds of new reports of unidentified and unexplained aerial phenomena but no indications suggesting an extraterrestrial origin. The review includes hundreds of cases of misidentified balloons, birds and satellites as well as some that defy easy explanation, such as a near-miss between a commercial airliner and a mysterious object off the coast of New York, as per a report. While it isn't likely to settle any debates over the existence of alien life, the report reflects heightened public interest in the topic and the government's efforts to provide some answers. Its publication comes after House lawmakers called for greater government transparency during a hearing on unidentified anomalous phenomena, or UAPs — the government's term for UFOs, AP reported. Federal efforts to study and identify UAPs have focused on potential threats to national security or air safety and not their science fiction aspects. Officials at the Pentagon office created in 2022 to track UAPs, known as the All-Domain Anomaly Resolution Office, or AARO, have said there's no indication any of the cases they looked into have unearthly origins.
20.11 / 23:39
markets Entertainment Strategy President AVP travelers How much do US Presidents earn when they retire, do they get any benefits or pension? Here's all you need to know
A US President receives certain benefits and perks along with his more than decent salary, and even though he may not make as much as some top shot in some corporate office does, the checks and benefits continue until their demise, which is the best part. The Former Presidents Act is the fundamental behind the great benefits set in store for former Presidents for their service to the nation. Moreover, they receive allowance for different kinds of requirements including office space, equipment, staff, travel, entertainment and supplies. Moreover, most of the Former Presidents receive same health benefits as other former government workers. But, there is a condition: You need to be a government staff for at least 5 years, which would mean all the medical benefits would be due then after.
20.11 / 23:39
markets Digital Strategy War reports Does he have prostrate cancer, is he in coma? Rumors swirl on Iranian supreme leader Ayatollah Ali Khamenei's health
The stakes are high, with speculation about Khamenei's successor and the broader implications for Iran's political landscape. Iranian journalist and analyst Ashkan Safaei Hakimi outlines two main scenarios: one where a new leader attempts to improve relations with the West, likely only creating a perception of reform, and another where political instability leads to a popular uprising and potential regime change. Khamenei has been Iran's supreme leader for nearly three decades, holding immense power over major issues like foreign policy and the nuclear program. Speculation about his health intensified after an October 27 New York Times report suggested his son, Mojtaba Khamenei, might be his successor. Over the weekend, rumors surfaced that Khamenei was in a coma, but Iranian state media countered these claims by publishing a photo of him meeting with Iran's ambassador to Lebanon, Mojtaba Amani.
20.11 / 23:39
markets UPS wellness Photos social reports Donald Trump is endorsing guitars worth $10,000 after cryptocurrency ventures, Bibles, sneakers, watches
Donald Trump has endorsed a line of guitars, following up on the Bibles, sneakers, watches, photo books and cryptocurrency ventures launched during his third White House campaign, as per a report. Trump on Wednesday posted to Truth Social a photo of himself holding what he said was a “Limited Edition ‘45’ Guitar,” an electric model emblazoned with an American flag and eagle on the body, and Trump's “Make America Great Again” slogan inlaid into the neck. Both acoustic and electric styles are available, for $1,250 and $1,500, respectively, as well as “Presidential” and “God Bless the USA” models and “Signature Edition” guitars, which — with a $10,000 price tag — also include Trump's signature, AP reported. What's not clear is the financial relationship between Trump and proceeds from the guitar sales.
20.11 / 23:33
markets UPS Citi Parke innovations Department Mint Primer: Why Karnataka is placing its bets on a GCC gold rush
Subscribe to enjoy similar stories. GCCs are offshore units set up by multinational companies to take on key technology-driven tasks. GCCs include tech operation centres run by companies headquartered abroad, driven by India’s tech talent and cheap real estate.

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