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Crompton Greaves Consumer Electricals Ltd. traded 0.47 per cent down at Rs 282.9 at 10:40AM (IST) on Thursday, even as BSE benchmark Sensex dropped 702.79 points to 63346.27.

What is probably the best part of the year is on us – the festive season; Navratri, Dussehra, which will be closely followed by Deepavali, Christmas and New Year. Unarguably the part of the year when people are the happiest… and spend, and spend and spend.

Gold rate today: On account of Israel-Hamas war entering 20th day and rising tension in the Middle East fueling geopolitical uncertaities, gold price today extended its rally during morning deals. Gold future contract on Multi Commodity Exchange (MCX) for December expiry opened at ₹60,824 per 10 gm levels and went on to hit intraday high of ₹60,968 per 10 gm levels within few minutes of commodity market's opening bell today. In international market, spot gold price is oscillating around $1,988 per ounce levels.

“Discretionary consumption with powerful brand pull should do well in the next few years as we see the per capita income of the Country growing well,” says Ramkumar K, Chief Investment Officer, Reliance General Insurance. In an interview with ETMarkets, Ramkumar said: “We have seen volatility in our markets in the last couple of months already and we are positioned towards large caps and defensives to overcome this phase” Edited excerpts: A mixed October for markets in the middle of India's festive season. What is capping the upside is it geopolitical concerns or valuations? It is only geopolitical concerns and the resultant increase in international crude prices, in the recent past, which is preventing any major upside in the markets at the moment.

Zerodha Broking and Smallcase Technologies, launched its maiden funds — Zerodha Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund. Both are open-ended, passive, index equity mutual fund schemes with the minimum amount of investment being Rs 100 and Rs 500, respectively. The NFOs will close on November 3. The schemes will replicate the Nifty LargeMidcap 250 Index, with the ELSS having a mandatory lock-in of 3 years. The 250 stocks of the Nifty LargeMidcap 250 Index are the combination of the universe of stocks forming part of the Nifty 100 Index and Nifty Midcap 150 Index.

Sensex and Nifty plunged nearly 1% on Wednesday due to heavy selling in financial and IT shares as the ongoing tensions in the Middle East unnerved investors. Stocks that were in focus included names like Mahindra Logistics, which fell 1.94%, NDTV, which declined 2.38%, and Vodafone Idea, whose shares declined 0.91% on Wednesday. Here's what Riyank Arora, Technical Analyst at Mehta Equities, recommends investors should do with these stocks when the market resumes trading today. Mahindra Logistics — Buy The stock has touched a significant support level of 350 in today's session. Looking at the overall structure on daily charts, Mahindra Logistics might experience a pull-back rally towards 380-390 if the level of 350 is well maintained.

Day trading guide for today: Amid uncertainties associated with the Israel-Hamas war, global market sentiments continue to remain under sell off heat and Indian stock market ended lower on fifth day in a row on Wednesday. Nifty 50 index lost 159 points and closed at 19,122 levels, BSE Sensex corrected 522 points and ended at 64,049 mark whereas Bank Nifty index nosedived 319 points and closed at 42,832 levels.

Buy or sell stocks for today: On account of uncertainties associated with the Israel-Hamas, strong US dollar and rising US Treasury yields, Indian stock market continue to remain under the grip of bears for fifth straight session on Wednesday. Nifty 50 index lost 159 points and closed at 19,122 levels, BSE Sensex corrected 522 points and ended at 64,049 mark whereas Bank Nifty index nosedived 319 points and closed at 42,832 levels.

IRM Energy IPO: Listing date of initial public offering (IPO) of IRM Energy Limited has been fixed on 26th October 2023 i.e. today. As per the information available on BSE website, "...effective from Thursday, October 26, 2023, the equity shares of IRM Energy Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities." IRM Energy shares will list in special pre-open session on NSE and BSE and IRM Energy share price will become available for trade from 10:00 AM during Thursday deals.

MPs) have voted in a decision to suspend Peter Bone from the House of Commons for a duration of six weeks. He was suspended following an inquiry that determined he engaged in bullying and displayed inappropriate sexual conduct towards a former staff member. This suspension is expected to trigger a by-election in his Wellingborough constituency, which was previously a secure seat for the Conservative Party, but recent polls suggest it may change hands in favor of the Labour Party. The parliamentary ethics committee established that Mr. Bone had allegedly engaged in indecent exposure and physically assaulted a staff member.

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MUMBAI : Indian stocks extended their decline for a fifth straight session on sustained selling by foreign and retail direct investors amid rising bond yields in the US, the Israel-Hamas war, which is now threatening to engulf other countries, and rising crude prices. Market experts expect stocks to fall further. Benchmark indices Nifty and Sensex fell more than 0.8% each to 19,122.15 and 64,049.06 on Wednesday as foreigners offloaded shares worth a provisional ₹4,236.6 crore and continued selling by retail, offsetting the ₹3,569.36 crore worth of buying by domestic institutions.

The Palaszczuk government says it is still committed to the $5 billion CopperString transmission line from Townsville to Mount Isa despite global miner Glencore announcing it would close its copper mines in the region within two years.

TORONTO (Reuters) — Below are some key quotes from a news conference by the Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (NYSE:ROG) on Wednesday after the central bank held key interest rate at 5%.

₹8,416 crore to these instruments as of 30 September. InvITs were launched in 2017 but remain somewhat unfamiliar to many investors. These innovative financial instruments are designed to raise capital by issuing units to investors, which are then channelled into infrastructure assets.

Photoshop owner Adobe Inc's $20 billion buyout of cloud-based designer platform Figma, to February 2024. In July, the Competition and Markets Authority (CMA) launched an in-depth, or phase two, investigation into the deal after Adobe said it would not offer any concessions to ease the regulator's concerns.

Sam Bankman-Fried has little to lose by bucking conventional wisdom and taking the stand at his criminal fraud trial, following weeks of testimony that he stole billions of dollars from unwitting customers of his FTX cryptocurrency exchange, legal experts said. Bankman-Fried plans to take the stand in his own defense, his lawyer Mark Cohen said at a court hearing on Wednesday.

National Hurricane Center, the hurricane Otis, made landfall near Acapulco on Wednesday morning as a Category 5 hurricane, «explosively intensified» by nearly 115 mph in just 24 hours, creating a «nightmare scenario» for southern Mexico. According to the NOAA Hurricane Database, there had never been a Category 5 landfall in the East Pacific prior to Otis.

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NEW YORK (Reuters) — FTX cryptocurrency exchange founder Sam Bankman-Fried plans to testify in his own defense at his criminal fraud trial, defense lawyer Mark Cohen said during a telephone hearing on Wednesday.

₹17.20 crore in an escrow account as they are unlawful gains from his ‘educational courses’ on markets. “Noticees shall cease and desist from acting as or holding themselves out to be investment advisors, whether using ‘Baap of Chart’ or otherwise. They shall cease to solicit or undertake such activity or any other unregistered or fraudulent activity in the securities market, directly or indirectly, in any manner whatsoever," the market regulator said in its order.