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Waaree Energies IPO is likely to be finalised today. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.

Ben Powell, Chief Investment Strategist for APAC, BlackRock Investment Institute, says we are going to see more and more tie-ups between governments, in terms of legal framework, regulatory permissions, and societal buy-ins. A partnership between governments and private capital is important because many Western countries do not have so much fiscal firepower. Coming to India, Powell says the BRICS meeting is going on in Russia and we have seen Prime Minister Modi embracing President Putin. Modi will also be sitting down with President Xi later today., India seems to be in a amazing position where on the one hand it is a cherished partner of the BRICS with huge positives, obviously energy and other dimensions and on the other hand, India is an absolute cornerstone of US policy, most obviously through Quad. What is the future of finance going to look like and how can investors benefit out of it? Ben Powell: The need to mobilise capital and fund all of the aspirations is the practical reality.

Pulz Electronics are expected to be in focus today, as the record date for its 1:1 bonus issue is tomorrow, October 25, making today the last day to purchase shares for eligibility. This means that the shareholders who have the shares of the company in their demat accounts on the record date, will be credited with an additional share of the company as a bonus.

Gurmeet Chadha, Co-Founder & CEO, Complete Circle Consultants, says wherever there is earning support, one can buy a basket. Complete Circle likes financials and has been dipping into it. Amongst largecaps, they have bought ICICI and added to SBI. In tier II banks, they have added Federal Bank and are also looking at some select NBFCs. They are also adding a few defence names with a 20-30% correction from the peak. Plus, they are adding some auto ancillary stocks, which have been under a lot of pressure. In PSUs, Chadha is gung-ho on PSU banks. SBI trades at book. Bank of Baroda came up with a very good update. In Bank of Baroda, the retail mix is improving. What is your take on the markets at this juncture because it has been a decent sell-off from the high point. Is there any area where you are finding the valuations to be attractive or good opportunities at this price point? Also help us with your take on the PSUs because they have been feeling the heat and do you believe that the PSUs have some headroom for recovery? Gurmeet Chadha: In absolute terms, there is a lot of selling in the market. Nobody really anticipated this kind of selling coming through and in a matter of a few weeks. So, almost $12-$13 billion is gone and the market has still absorbed quite a bit of it.

capital on Wednesday mainly driven by festive and wedding season demand, according to the All India Sarafa Association. Gold prices jumped by Rs 500 to an all-time high of Rs 81,500 per 10 grams while silver surged Rs 1,000 to Rs 1.02 lakh per kg. Gold prices of 99.9 per cent and 99.5 per cent purity rose by Rs 500 each to Rs 81,500 per 10 grams and Rs 81,100 per 10 grams, respectively.

The underlying trend of Nifty remains weak. Having placed around the crucial support as per weekly charts, one may expect chances of an upside bounce from here or from the lows. A sustainable close only above 24,650-24,700 levels could confirm the upside bounce. However, a slide below 24,350 is likely to drag Nifty down to 24K mark in the near term, said Nagaraj Shetti of HDFC Securities.

A report by the World Resources Institute shows that rapidly expanding mining operations are causing widespread destruction of tropical primary rainforests and protected areas, raising carbon emissions and displacing Indigenous communities

Contract research and manufacturing services firm Syngene International on Wednesday reported a 9 per cent on-year decline in consolidated profit after tax to Rs 106 crore in the second quarter of FY25. The company reported a profit after tax (PAT) of Rs 117 crore in the July-September quarter of last fiscal. Revenue from operations declined to Rs 891 crore in the September quarter compared with Rs 910 crore in the year-ago period, Syngene International said in a statement.

Triveni Engineering & Industries Ltd.(up 3.35%), Mawana Sugars Ltd.(up 2.34%), Dwarikesh Sugar Industries Ltd.(up 2.32%), Shree Renuka Sugars Ltd.(up 2.07%), Magadh Sugar & Energy Ltd.(up 1.80%), Balrampur Chini Mills Ltd.(up 1.80%), Bajaj Hindusthan Sugar Ltd.(up 1.77%), KM Sugar Mills Ltd.(up 1.76%), Ugar Sugar Works Ltd.(up 1.13%) and Dalmia Bharat Sugar and Industries Ltd.(up 1.12%) stood among the top gainers.

Gujarat Mineral Development Corporation Ltd.(up 8.26%), Oriental Trimex Ltd.(up 5.01%), Lexus Granito(India)Ltd.(up 3.35%), The Orissa Minerals Development Company Ltd.(up 2.31%), MOIL Ltd.(up 1.61%), Aro Granite Industries Ltd.(up 1.42%), Ashapura Minechem Ltd.(up 1.40%), NMDC Ltd.(up 1.34%), Madhav Marbles & Granites Ltd.(up 1.31%) and Coal India Ltd.(up 1.23%) stood among the top gainers.

Reliance Power Ltd.(up 5.00%), Jyoti Structures Ltd.(up 4.94%), Gujarat Industries Power Company Ltd.(up 4.08%), Transformers & Rectifiers(India)Ltd.(up 3.14%), Orient Green Power Company Ltd.(up 2.87%), JSW Energy Ltd.(up 2.62%), Voltamp Transformers Ltd.(up 1.85%), KPI Green Energy Ltd.(up 1.41%), Inox Wind Energy Ltd.(up 1.35%) and PTC India Ltd.(up 1.24%) stood among the top gainers.

risk management is one of the most important factors that will allow investors or traders to maintain longevity in markets. «In the 20+ years in this business, I haven’t seen anyone who has kept profits from trading without good risk management. I know many who've lost quickly. If you don't have a plan to manage risk and size your bets, it's impossible to keep the money you make,» Kamath said.

On the BSE, Neopolitan Pizza and(down 14.07 per cent), Huhtamaki PPL(down 11.35 per cent), Chandra Bhagat Pharm(down 11.11 per cent), Tainwala Chem(down 10.86 per cent) and Chennai Petro(down 10.55 per cent) stood among the top losers in today's trade.

«Some bit of cyclical downturn is expected, which is what we are going through. I think it will reflect in terms of softening of valuations of the market,» says Abhay Agarwal, Piper Serica. What is your sense, is it going to be a bit of a soft Diwali for us? Abhay Agarwal: Well, it is looking like we saw some of this trend starting to come up. Low consumption, weak consumption, the Diwali stocking that typically used to take place with the retailers and distributors of products that focus on consumer discretionary demand like paints, tiles, home improvement, autos especially, there was a very weak offtake.

Shriram Finance Ltd. traded at Rs 3224.5 on BSE at 01:44PM (IST) on Wednesday, down 0.79 per cent from previous close. The scrip quoted a 52-week low price of Rs 1760.9 and a high of Rs 3652.15.

BSE at 01:53PM (IST) on Wednesday, up 0.84 per cent. The stock quoted a 52-week low price of Rs 636.1 and a high of Rs 1148.3. Earlier in the day, the stock saw a gap down opening.

European shares inched higher on Wednesday, led by automobiles and utilities stocks, as investors analysed a slew of mixed corporate earnings from heavyweights such as Deutsche Bank and Roche. The pan-European STOXX 600 index ticked 0.1% higher as of 0712 GMT. Eurozone bank stocks held back some gains as Deutsche Bank's shares fell 2.7%.

Subscribe to enjoy similar stories. The explosion of volumes in the Indian derivatives’ market—daily swaps, in particular—and the widespread participation of retail investors has generated deep concern among regulators and policymakers. As Warren Buffett famously said, “Derivatives are financial weapons of mass destruction." A consultation paper published by the Securities and Exchange Board of India (Sebi) noted that in 2023-24, an average 85 out of 100 individuals trading in index futures lost money.

«So, when two of these bigger indices are showing some kind of support, I feel that this 24,300, 24,400 zone positionally for Nifty should act as an important support,» says Sudeep Shah, SBI Securities. Well, the screen is looking much better than what was the case yesterday. Is the poison out of the system? Have we formed a bottom? Sudeep Shah: I cannot really say that the poison is out of the system or we have formed a bottom because it is the first day after last three-four days where we have seen absolute carnage in terms of midcaps and even selected largecaps. However, what is encouraging to see today is that yesterday and in the last few days we have seen banking, especially ICICI Bank, HDFC Bank stabilising somewhat and on the other hand, even the IT stocks are showing some positive traction.

Tube Investments of India Ltd. rose 0.74 per cent to Rs 4449.95 in Wednesday's trade. It hit an intraday high of Rs 4500.3 and low of Rs 4400.05, respectively, during the day. The stock quoted a 52-week high price of Rs 4666.0 and low of Rs 2881.3.

Cummins India Ltd. traded 1.31 per cent up at Rs 3494.8 at around 01:02PM (IST) on Wednesday. The stock had closed at Rs 3541.4 in the previous session. Equity benchmark Sensex traded 284.58 points higher at 80505.3 around the same time.