Experts Financial News

Adani Energy Solutions will be in focus in today's trade as the company will announce its results for the second quarter ended September 2024. While there are no estimates for the second quarter results, Adani Energy Solutions in its recent update said the company maintained a robust system availability of 99.7% for the transmission business.

Zomato are expected to be in focus on Tuesday when markets resume trading as the food delivery company will announce its Q2FY25 earnings later today. The company is expected to post a whopping 585%-662% year-on-year jump in its September quarter net profit in the range of Rs 247 crore — Rs 274 crore, according to the estimates of a couple of top domestic brokerages.

The IPO was booked 2.3 times, with full subscription achieved only on the last day. The valuations are fully priced, and since the issue is a complete offer for sale (OFS), the company will not receive any proceeds from the offer.

Sensex and Nifty closed lower on Monday due to a sharp fall in Kotak Mahindra Bank and relentless foreign fund outflows. Stocks that were in focus include names like Manappuram Finance, which rose 4.55%, Raymond Lifestyles, which gained 2.2%, and 360 One Wam, whose shares jumped 3.3% on Monday.

«Bengaluru can expect a cloudy sky today, accompanied by light to moderate rainfall and thunderstorms in both urban and rural areas. The maximum temperature in the city is expected to be 29 degree Celsius while the minimum is expected to be 21 degrees Celsius,» according to the IMD. India's weather agency excpects more rains in the Karnataka capital city, Bengaluru, today i.e. on October 22. Yesterday, due to the incessant rain, the District collector had declared a holiday for Anganwadis, schools in the city. However, no notice for extension of holiday is released.

Cyclone Dana, schools to remain closed in Ganjam, Puri, Jagatsinghpur, Kendrapara, Bhadrak, Balasore, Mayurbhanj, Keonjhar, Dhenkanal, Jajpur, Angul, Khurda, Nayagargh and Cuttack districts from October 23 to 25. India Meteorological Department (IMD) has predicted heavy rainfall in Odisha in the upcoming week as Cyclone Dana is expected landfall on October 24. Speaking to ANI, IMD scientist Soma Sen Roy said that warnings have been issued for coastal Odisha and Andaman and Nicobar Islands due to the impact of the landfall.

Zomato, Paytm, Bajaj Finance, Ola Electric, Eicher Motors among others will be in focus due to various news developments and second quarter results. Bajaj Finance, Adani Green, Zomato, Paytm, Adani Energy Solutions, Varun Beverages, ICICI Pru Life

Mumbai: SoftBank Investment Advisers co chief executive Alex Clavel rates India among its top performing markets, on the back of a spree of public listings by its portfolio firms. “India is the world’s most successful IPO market of 2024,” he said during an exclusive interaction with ET at SoftBank’s office in Mumbai. “Others, including the US, haven’t seen as many IPOs, even outside of tech.” Clavel took over his new role at the Japanese conglomerate a year ago, jointly leading its investing vehicle SoftBank Vision Fund ( SVF) with Rajeev Misra. While Clavel spearheads SVF-II, Misra who stepped away from day-to-day operations in 2022 and later launched One Investment Management, oversees legacy investments from SVF-I. Clavel’s ascension coincided with a tightening of the ship at the Masayoshi Son-founded group after years of exuberance, amid a broader reset in the technology investing world.

«Overall we expect the market to remain under pressure led by persistent FII selling & muted domestic earnings. Key Results to watch out for on Tuesday include Bajaj Finance, Zomato, ICICI Prudential, VBL and Persistent,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.

Israeli army said Monday that the latest commander responsible for funding the Lebanese Hezbollah group was «eliminated» in Syria. The man, whose name was not released, headed the Iran-backed Hezbollah's Unit 4400 that is «responsible for the transfers and the amount of funds» to the group through Tehran's oil sales, army spokesman Rear Admiral Daniel Hagari said in a statement. The commander was «eliminated» in Syria «a few hours ago», he added.

Subscribe to enjoy similar stories. New Delhi: Three years after a data-privacy controversy forced Meta Platforms to halt the facial recognition feature, the Mark Zuckerberg-led parent of Facebook, Instagram and WhatsApp is bringing back the contentious technology. But this time, it is being cautious by rolling it out slowly and for a very selective subset of purposes.

RFK Jr. and Cheryl Hines display PDA while battling rumours of a sexting scandal. The pair, who were spotted kissing and embracing in public on October 17, have come under fire after it was claimed that Kennedy and a political reporter became intimate during his presidential campaign, as quoted in a report by the People. Robert F. Kennedy Jr. and Cheryl Hines cuddled up in front of cameras this week as rumours circulated that Kennedy had a personal relationship with a political journalist.

Hulu released the first trailer for Goosebumps: The Vanishing at New York Comic Con. The show, featuring David Schwimmer, brings a mysterious, supernatural entity to New York City.

Taylor Swift Era’s Tour concert which took place in Miami while it appeared from a picture that he dozed off during the show. According to People, Jason Kelce was being photographed with his eyes closed while he was being seated with Kylie, his wife and his two daughters, Wyatt and Elliotte. The Kelce family outing at the Taylor Swift’ Eras Tour Miami concert also included Jason Kelce’s mother Donna Kelce who was present for her very first Eras tour concert. Jason Kelce’s wife Kylie was seen to be really enjoying the performance while she was holding one of their daughters, reported People. Also Read: Goosebumps: The Vanishing: What we know about trailer, plot, production and characters

Kamala Harris' Democratic Party suffered an alarming voter registration loss in Pennsylvania, a crucial swing state in the US election 2024. Knewz.com reported that over 113,000 registered Democrats changed parties in 2024, roughly double the number from the previous year. This represents a growing trend as voters desert the party, register as Independents or become Republicans.

AMC announced the return of The Walking Dead: Dead City for its second season in Spring 2025. A teaser was revealed at New York Comic Con. It showed the return of key characters Maggie and Negan.

Kamala Harris is looking like a good prospect in the upcoming us elections as her popularity ratings are going quite strong among American voters. However, reports suggest that she has begun conceding her lead to her Republican rival Donald Trump in some battleground states, which the Democrats need to immediately look into, with just a few days remaining for the US elections to start off. Meanwhile, a new poll has now claimed that Harris is regaining lost ground and is leading Donald Trump in three of the key swing states in the US, which is a major good news for the Democrats, amid all adversity. Also Read: Twisters: Check out streaming release date, storyline, cast and production team

The Israeli military has carried out a wave of airstrikes targeting branches of a financial institution affiliated with Lebanon’s Hezbollah, saying the quasi-banking system is being used to fund the militant group’s military wing

Nirmala Sitharaman has approved the creation of Chief General Manager post (CGM), below board level, in five more nationalized banks including Bank of Maharashtra, Central Bank of India, and UCO Bank. Besides, Indian Overseas Bank and Punjab & Sind Bank would now elevate their General Managers (GM) to CGMs. Prior to this, CGM posts were available in six out of 11 nationalized banks. «While creating the said post, the Finance Minister has also approved the increase in the existing number of CGMs in the banks that already have CGM-level posts. This step will significantly enhance the administrative structure and efficiency of banks,» the finance ministry said in a statement.

BRICS meets for the first time in Kazan, Russia, a potential inflexion point for a group that has so far failed to have an unifying narrative. India has been the bulwark against the attempt to give it an ideological 'anti-West' slant. India could continue to play that role or, better still, leverage the expanded membership — each new member was on its wish list — to define India's neutral pathway. Kazan is not just another BRICS summit. It's a critical moment in India's self-fashioning journey on the global stage. From the moment Russia invaded Ukraine, India has argued its choices in terms of multipolarity, historical ties, defence needs, strategic alliances and partnerships, and economic needs. Kazan offers India an opportunity to emerge not as the ace tightrope walker balancing West and 'anti- and not-so-pro-West' interests, but as a proactive neutral voice committed to a rules-based world order. Kazan should provide the occasion when it can emerge as the 'Switzerland' of our times.

Real Madrid will play Borussia Dortmund in UEFA Champions League match on Tuesday. Madrid will look to win three points at home ground after a shocking loss in the previous match. Champions League match between Madrid and Dortmund is scheduled to kick off at 3 pm (ET) on Tuesday, October 22. One can watch Real Madrid's Champions league match on Paramount+ and Fubo. Fubo offers free live streaming. Real Madrid is likely to win the game against Borussia Dortmund.