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CBI, ED and Income Tax should be impartial and not function in favour of one party. He also said that the ruling Congress was ready to face and win November 13 by-polls in three assembly segments in the state. «Nagendra (former Minister B Nagendra) has told the media that he was pressurised by the ED. He also informed me that he was pressurised to name me and D K Shivakumar (Deputy Chief Minister). No agency should work in favour of a party. Whether it is CBI or ED or Income Tax, they should function impartially,» Siddaramaiah told reporters. The Chief Minister was responding to former Minister B Nagendra's allegations that he was pressurised by the ED to name him and Shivakumar in the multi-crore scam in Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation.

Stocks in Europe regained some lost ground on Thursday as investors eyed a dovish outlook on top of an expected European Central Bank interest rate cut during the day, while parsing a largely upbeat set of corporate earnings. The continent-wide STOXX 600 index gained 0.4% at 0820 GMT, following a two-day decline.

Foreign Portfolio Investors (FPIs) Societe Generale, Tiger Pacific Master Fund and UBS Principal Capital Asia reduced their holdings in Paytm owner One 97 Communications below 1% in the September ended quarter. Societe Generale held a 1.98% stake in the Paytm parent in the April-June quarter while Tiger Pacific and UBS held 1.3% and 1.06% shares, respectively.

Shriram Finance Ltd. fell 3.17 per cent to Rs 3281.0 at 01:38PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 6,321 shares with a turnover of Rs 2.09 crore till 01:38PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 16.02, while the price-to-book value ratio stood at 1.81.

Mphasis and Tech Mahindra on Thursday surged up to 5.5% on the NSE ahead of the second quarter results of major IT firms Infosys, Wipro and LTIMindtree, which are due later in the day. Mphasis shares gained the highest, rising 5.5% to the day’s high of Rs 3,072.10, followed by Infosys shares gaining 2% to an intraday high of Rs 1,958.35.

SRF Ltd. traded 2.34 per cent down at Rs 2249.2 at 01:34PM (IST) on Thursday, even as BSE benchmark Sensex dropped 481.03 points to 81020.33. The stock had settled at Rs 2303.3 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 2697.45 and Rs 2081.25, respectively.

Nestle India tumbled 4% to the day’s low of 2,364.80 on BSE in Thursday’s trade after the company reported a marginal decline in its Q2 net profit to Rs 899 crore, slightly down from Rs 908 crore reported in the same period last year. This indicates a 1% year-on-year (YoY) decline in the PAT.

DLF Ltd. traded at Rs 861.95 on BSE at 01:44PM (IST) on Thursday, down 2.55 per cent. The stock quoted a 52-week low price of Rs 513.55 and a high of Rs 967.0. Earlier in the day, the stock saw a gap up opening.

«Going by the monthly put options on the Nifty seems like a good idea where we feel that these put options can double or even possibly triple from the current levels,» says Rahul Sharma, JM Financial Services. Third straight day of decline and today it is around 200 points down, that is what we are looking at the benchmark. Where do you see support levels to come in for the Nifty? Rahul Sharma: Clearly, this is another breakdown in the works and Nifty seems like the 24,700 low that we made on the 7th of October should be broken anytime soon. Well, the meaningful support is placed in the vicinity of 24,500, 25,400. So, another 300 to 400 points can be taken off from the current level. And we feel that there is still some time for the capitulation to happen.

Bharat Forge Ltd. dropped 0.79 per cent to Rs 1463.35 at 01:07PM (IST) in Thursday's trade. The counter has hit a high of Rs 1475.4 and low of Rs 1443.35 so far during the session. The stock had closed at Rs 1475.05 in the previous session. The counter has had a total traded volume of 8718 shares so far with a value of Rs 1.27 crore on the NSE. It traded at a price-to-earnings multiple of 73.12 and a price-to-book ratio of 7.33.

Gurmeet Chadha, Co-Founder & CEO, Complete Circle Consultants, says it is a little too early to comment on the festive season because we are not even midway of it, but if the trend continues, then there could be a little bit of derating in auto stocks because none of them trade below 25-30 times. Chadha also says that amongst two-wheelers, we have TVS Holdings also which is the holding company which they bought and Sundaram Clayton is in the portfolio. So, among the stocks that they would buy on a correction like this, TVS would be the first, followed by Bajaj Auto. He is more interested in auto ancillaries, including names like Sandhar Technologies and Uno Minda.

Tata Power Company Ltd. rose 1.61 per cent to Rs 452.9 in Thursday's trade. It hit an intraday high of Rs 462.7 and low of Rs 451.5, respectively, during the day. The stock quoted a 52-week high price of Rs 494.85 and low of Rs 230.75.

Havells India Ltd. traded 1.89 per cent up at Rs 1902.7 at around 01:13PM (IST) on Thursday. The stock had closed at Rs 1939.55 in the previous session. Equity benchmark Sensex traded 436.62 points lower at 81064.74 around the same time.

HDFC Asset Management Company Ltd. traded at Rs 4702.7 on BSE at 01:17PM (IST) on Thursday, down 2.69 per cent. The stock quoted a 52-week low price of Rs 2691.2 and a high of Rs 4862.0. Earlier in the day, the stock saw a gap up opening.

Cummins India Ltd. slipped 2.13 per cent to Rs 3715.1 in Thursday's trade as of 12:47PM (IST). The stock hit a high price of Rs 3838.55 and low of Rs 3711.0 during the session.

REC Ltd. traded 1.8 per cent down in Thursday's trade at 12:42PM (IST). Around 116,013 shares changed hands on the counter. The scrip opened at Rs 556.95 and touched an intraday high and low of Rs 556.95 and Rs 534.5, respectively, in the session so far. Shares of the company of REC Ltd. quoted a 52-week high of Rs 653.9 and a 52-week low of Rs 259.5.

Cryptocurrency prices exhibited mixed trends on Thursday. Bitcoin (BTC) remained volatile but managed to stay above the $67,400 mark, while Ethereum (ETH) continued to hover around $2,600. Solana (SOL) and Shiba Inu experienced slight dips over the past 24 hours. As of 11:41 pm IST, Bitcoin was up 0.6%, trading at $67,433, having earlier reached a high of $68,375. Ethereum gained 0.17%, rising to $2,623.

climate change, a rapid analysis by a team of leading scientists said on Thursday. The analysis by World Weather Attribution (WWA) also underscored the urgent need for Nepal to limit development in low-lying, riverside areas of Nepali cities to prevent and protect people from future floods. WWA is a collaboration of international scientists that analyses and communicates the possible influence of climate change on extreme weather events, such as storms, extreme rainfall, heat waves, and droughts. The floods in Nepal followed three days of extreme rainfall starting September 26. As records were broken across central and eastern Nepal, with some weather stations recording more than 320 mm on September 28, massive floods and landslides claimed at least 244 lives and caused a heavy loss to the country.

Vedanta Ltd. traded 1.35 per cent down in Thursday's trade at 12:37PM (IST). Around 1,752,628 shares changed hands on the counter. The counter opened at Rs 488.0 and touched an intraday high and low of Rs 492.8 and Rs 478.85, respectively, in the session so far. The stock of Vedanta Ltd. quoted a 52-week high of Rs 523.6 and a 52-week low of Rs 211.25.

Colgate-Palmolive (India) Ltd. traded at Rs 3420.0 on BSE at 12:33PM (IST) on Thursday, down 2.15 per cent from previous close. The scrip quoted a 52-week low price of Rs 2003.65 and a high of Rs 3893.0.

Subscribe to enjoy similar stories. India’s financial sector has grown rapidly in recent years. According to a ministry of finance press release dated 22 July, India’s market-capitalization-to-GDP ratio ranks fifth globally and primary markets facilitated capital formation of ₹10.9 trillion in 2023-24, up from ₹9.3 trillion in 2022-23.