Experts Financial News

Godrej Consumer Products Ltd. traded 0.33 per cent up at Rs 1024.0 at 11:42AM (IST) on Monday, even as BSE benchmark Sensex gained 346.39 points to 64710.17.

Following the change, the bank currently offers interest rates ranging from 3% to 7.75% on deposits maturing in 7 days to 10 years. The maximum interest rate of 7.75% on deposits maturing on 549 days- 2 years for general citizens. PNB hikes FD interest rates on select tenures by up to 50 bps; these investors can earn 8.05%

LTIMindtree Ltd. fell 0.25 per cent to Rs 5119.4 in Monday's session as of 11:52AM (IST) even as the equity benchmark Sensex traded 367.2 points higher at 64730.98. Earlier in the day, the stock witnessed a gap up start to the session.

fires was shown by the NASA Worldview portal during the weekend (November 4 and 5). Farm fires in Punjab are one of the biggest reasons behind aggravated air quality in the national capital Delhi. Paddy straw burning in Punjab and Haryana is considered one of the major reasons behind the alarming spike in air pollution levels in Delhi, Punjab, Haryana, and Uttar Pradesh in October and November every year, according to environmentalists.

GlaxoSmithKline Pharmaceuticals Ltd.(up 1.55 per cent), Laurus Labs Ltd.(up 1.18 per cent), Ipca Laboratories Ltd.(up 1.05 per cent), Dr. Reddy's Laboratories Ltd.(up 0.97 per cent) and Gland Pharma Ltd.(up 0.95 per cent) were among the top gainers.

Jaiprakash Power Ventures(up 19.21%), Inox wind(up 8.46%), Reliance Power(up 7.40%), Inox Wind Energy(up 5.83%), Suzlon Energy(up 4.96%), Orient Green Power Company(up 4.95%), RTNPOWER(up 4.93%), Jyoti Structures(up 4.86%), Transformers and Rectifiers(India)(up 3.07%) and DPSC(up 2.10%) were among the top gainers. KEC International(down 2.48%), Kalpataru Projects International(down 1.18%), NLC India(down 0.96%), Hitachi Energy India(down 0.68%) and Voltamp Transformers(down 0.03%) were among the top losers.

Bajaj Holdings & Investment Ltd. traded 1.29 per cent up in Monday's trade at 10:30AM (IST). Around 243 shares changed hands on the counter.

Zerodha, which lost its No.1 status to rival Groww last month, on Monday reported another technical glitch. On its trading platform Kite, traders said the pages displaying their order book as well as positions was blank. «Due to an intermittent issue, some of our users are not able to see executed orders in the orderbook.

Eicher Motors Ltd.(up 2.39 per cent), Hero MotoCorp Ltd.(up 1.93 per cent), Balkrishna Industries Ltd.(up 1.03 per cent), Bajaj Auto Ltd.(up 0.91 per cent) and Sona BLW Precision Forgings Ltd.(up 0.82 per cent) were among the top gainers. Tata Motors Ltd.(down 0.03 per cent) were the top losers on the index.

Info Edge (India) Ltd. traded 1.81 per cent up at Rs 4322.5 at 10:25AM (IST) on Monday, even as BSE benchmark Sensex gained 417.16 points to 64780.94.

₹829 per share, 27.9% higher than the issue price of ₹648, and on the BSE, Cello World share price today was listed at ₹831. Cello World IPO opened for subscription on Monday, October 30 and closed on Wednesday, November 1.

Protean eGov Technologies IPO: The initial public offering (IPO) of Protean eGov Technologies Limited has hit primary market today and it will remain available for bidding till 8th November 2023. The book build issue has been offered at a price band of ₹752 to ₹792 per equity share. The company aims to raise ₹490.33 crore from its public offer, which is completely offer for sale (OFS) in nature.

₹apiece on the BSE. India’s largest commercial bank, SBI reported an 8% year-on-year jump in its net profit for the second quarter of FY24 at ₹14,330 crore from ₹13,264.5 crore in the corresponding quarter of last fiscal. SBI’s net interest income (NII) in Q2FY24 rose 12.3% to ₹39,500 crore from ₹35,183.4 crore in the year-ago quarter.

Delhi air pollution LIVE As reported by ANI citing officials, “Delhi Chief Minister Arvind Kejriwal called a high-level meeting on the issue of increasing pollution." Environment Minister Gopal Rai and other officials of all concerned departments will attend this meeting. This meeting will be held in Delhi Secretariat at 12 noon, ANI reported.

celebrate Dhanteras on November 10 and Diwali on November 12 this year, many people are also planning how to revamp their money-making styles or adopt new and innovative ways to earn money. Making money mistakes is a common occurrence for individuals, including financial experts, especially when celebrating festivals. Below, we’ll highlight some of the prevalent financial blunders people tend to commit during festive occasions.

ANI, Dr. Piyush Ranjan, an Additional Professor in the Department of Medicine at All India Institute of Medical Sciences (AIIMS), noted that there is scientific evidence supporting a connection between air pollution and various forms of cancer. “It is important to understand that air pollution affects various systems of the body, apart from causing respiratory diseases.

The S&P BSE Sensex rose nearly 300 points while the Nifty50 closed above 19200 levels. Sectorally, buying was seen in realty, consumer durables, oil & gas, and public sector stocks. India VIX was down by 1.78% from 11.07 to 10.88 levels on Friday. Volatility has been cooling off from the last two sessions and aided in support-based buying in the indices. On the weekly options front, the maximum Call OI is placed at 19300 and then towards 19500 strikes while the maximum Put OI is placed at 19200 and then towards 19000 strikes. Call writing is seen at 19300 and then towards 19400 strikes while Put writing is seen at 19200 and then towards 19150 strikes. “Options data suggests a broader trading range in between 18500 to 19600 zones while an immediate trading range in between 19000 to 19400 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a Bullish candle and an Inside Bar on the weekly frame on Friday but has been forming lower highs for the last two weeks,” he said. “Now the index has to hold above 19200 zones, for an up move towards 19350 then 19442 zones whereas supports are placed at 19150 then 19000 zones,” recommended Taparia. We have collated a list of stocks from various experts for traders who have a short-term trading horizon: Expert: Parag Shah, Technical Analyst – Research, Nuvama Professional Client Group Research told ETBureau Muthoot Finance: Buy| Target Rs 1415| Stop Loss Rs 1285 Godrej Properties: Buy| Target Rs 1920| Stop Loss Rs 1730 (You can now subscribe to our ETMarkets WhatsApp channel) (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic

SBI and upgraded Zomato to buy post Q2 results. CLSA also upgraded Titan Company to buy and BofA Securities recommended a buy on InterGlobe Aviation. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on SBI: Buy| Target Rs 700 CLSA maintained a buy rating on SBI with a target price of Rs 700.

The inclusion of India into the JPMorgan Global bond index and expectations of rate cuts from the first half of FY25 is set to put a cap on bond yields in the domestic market over the medium term. A downward shift in India’s yield curve will thereby make the bond market attractive, and pave the way for increased allocation towards debt in the portfolio, believes Jayesh Faria, director — regional head — west at Motilal Oswal Private Wealth. “We are requesting our clients to participate 65-70% of their debt portfolio in high quality roll down strategies with 7-12 years average maturity. The remaining 35-40% through high yields NCD or private credit or REITs & InVITs,” Faria said in an interview with ETMarkets. Edited excerpts: The equity market has lost some momentum, but would you still say that India is in a stage of a strong bull market phase? We feel that India is in a structural bull market due to improvement in earnings of our companies. For three consecutive years now, Nifty 50 earnings have grown by double digits. For FY24, estimates for Nifty earnings are of 22% growth. Therefore, we feel earnings growth is expected to remain steady over the next few years.

Unified Payments Interface (UPI), you should try to reverse the transaction promptly. Experts point out the UPI transactions are usually final but there could be situations where you can dispute a transaction such as accidental transfers. The situation where a transaction may not get reversed is when the recipient has already accepted the transaction.

Day trading guide for stock market today: Despite trading range-bound, Indian stock market ended higher on Friday. Nifty 50 index gained 97 points and ended at 19,230 levels, BSE Sensex shot up 282 points and finished at 64,363 mark while Bank Nifty index went up 301 points and closed at 43,318 levels.