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Prestige Estates Projects Ltd. with a target price of Rs 900.

Dabur today fell up to 2.5% to day's low at Rs 520.45 after it was reported that its subsidiaries were among companies sued in the US and Canada by customers alleging that the use of hair relaxer products had caused ovarian cancer, uterine cancer and other health issues. «Currently, the cases are in the pleadings and early discovery phases of litigation. There are various motions pending as well.

Bandhan Bank with a target price of Rs 250. The current market price of Bandhan Bank Ltd.

₹5,191.05 against the previous close of ₹5,156.90 and rose almost 5 per cent to the intraday high of ₹5,411 in Thursday's trade so far. Around 10:40 am, the stock was 4.23 per cent up at ₹5,374.80 on the BSE. LTIMindtree share price has gained about 14 per cent in the last one year against an about 11 per cent gain in the equity benchmark Sensex.

(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Brent crude futures, the global oil benchmark, fell 0.47% to $91.07 per barrel. In the domestic equity market, the 30-share BSE Sensex was trading 288.25 points, or 0.44%, lower at 65,588.77, while the NSE Nifty declined 86.95 points, or 0.44%, to 19,584.15.

An independent assessment of Origin Energy’s $18.7 billion takeover offer from two North American suitors has beefed up shareholders’ leverage to argue for a higher offer, despite it being deemed fair and reasonable.

My post office monthly income scheme (MIS), in which I had invested ₹50,000 five years ago, matured in August. I don’t know the final value of my investment. Where should I invest this amount upon withdrawal?

(This story originally appeared in on Oct 19, 2023)

“Geopolitical events tend to have long-term consequences. However, these challenges are difficult to quantify for the equity markets,” says Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS. In an interview with ETMarkets, Kulkarni said: “More often than not, these challenges eventually manifest in the form of higher inflation, say higher crude oil prices, in this instant” Edited excerpts: October is turning out to be a roller coaster ride for investors in equity markets. Will geopolitical concerns have a long-term impact on equity markets if things escalate? Geopolitical events tend to have long-term consequences. However, these challenges are difficult to quantify for the equity markets.

Sensex plunged 551 points to settle at 65,877, while the Nifty declined 140 points to end at 19,671. Stocks that were in focus included names like Ultratech, which fell 0.17%, Maruti Suzuki, which gained 0.23%, and Trident, whose shares dropped 10% 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. Ultratech Cement — Buy on dips After a narrow range consolidation, the stock took support near 100 day SMA (Simple Moving Average) around 8250 level. The anchor VWAP band shows a crucial support within the range of 8240 to 8270 zone.

investors of IndusInd Bank, as the latest shareholding data suggests that there is a high probability of the bank being included in the MSCI index during the November review. The latest shareholding of IndusInd Bank showed that the foreign shareholding has decreased to 62.61%, thereby meeting the minimum headroom requirement of 15%.

Buy or sell stocks for today: Following mixed and choppy trade in Asian markets, Indian stock market ended lower on Wednesday. Nifty 50 index went down 140 points and closed at 19,671 levels, BSE Sensex corrected 551 points and ended at 65,877 mark whereas Bank Nifty index finished 520 points lower at 43,888 levels.

Day trading guide for today: Following weak global market sentiments, Indian stock market ended lower on Wednesday session. Nifty 50 index went down 140 points and closed at 19,671 levels, BSE Sensex corrected 551 points and ended at 65,877 mark whereas Bank Nifty index finished 520 points lower at 43,888 levels.

Kelly Singh, 32, says she’s “as Mississauga as they come.”

Dhyaani Tile and Marblez, a company engaged in the trading of commodities, vitrified tiles, and ceramic items, has approved the change of its name. The company with a market capitalisation of 26 crore and revenue of 9.23 crore in FY23 is considering changing its name to Dhyaanii Artificial Intelligence or Dhyyaani Artificial Intelligence.

UTI AMC's profit after tax fell 9% to ₹183 crore during the September quarter from ₹200 crore in the same period a year ago. Revenue from operations fell 7% to ₹404 crore during the quarter from ₹435 crore last year.

ICICI Lombard General Insurance reported a 2.2% decline in net profit to ₹577 crore in the second quarter of the financial year. During the same quarter a year ago, the company reported a net profit of ₹591 crore. The company said that excluding the one-time impact of the reversal of tax provision, the profit after tax grew by 19.2% during the first half of FY24 and 24.8% during the second quarter. Gross direct premium income grew 17.4% to ₹6,086 crore during the quarter as against ₹5,185 crore in the year-ago period. The combined ratio stood at 103.9% as against 105.1% a year ago. Excluding the impact of catastrophe losses of ₹48 crore during the second quarter, the combined ratio was 102.8%. The solvency ratio was 2.59 times as of September 30, 2023, compared to 2.53 times on June 30, 2023, and higher than the minimum regulatory requirement of 1.50 times.

internet companies — including social media firms — with regard to user-generated content published on their platforms, more “the exception than the norm”. The move could redefine the future trajectory of India’s digital and social media industry. A draft of the revised IT Act (The Digital India Bill), reviewed by ET, shows that the default exemption to internet intermediaries currently available under Section 79 of the Information Technology (IT) Act of 2000, is likely to be provided only on a “case-to-case basis” once the new regulations come into force.

Sarda Energy & Minerals (SEML) has challenged the National Company Law Tribunal's (NCLT) order earlier this month directing the committee of creditors (CoC) to reconsider their decision to declare the company as the preferred bidder to take over the debt-laden SKS Power Generation, four people aware of the petition told ET. The plea, filed in the National Company Law Appellate Tribunal (NCLAT) on Tuesday, has said that the court has erred in questioning the wisdom of the CoC and has sought a direction to the NCLT to consider the plans in its current form. «The company expects the NCLAT to send the case back to NCLT for a final order. One premise of the petition is that the CoC has followed a well laid out process and selected Sarda and the NCLT order sending it back to lenders is contrary to the insolvency law,» said a person familiar with the petition.

A total of about ₹8,717.65 crore was potentially made over the last two fiscals by the senior-to-top management of 12 large-sector frontliners in the Nifty 50, showed the data put together for ET by ESOP Direct. About 100 million options were issued — mostly to senior management — in FY22 and FY23 by these 12 companies.

DeFi platform Elixir has secured $7.5 million in a Series A investment fund led by Hack Venture Capital, bringing the protocol’s valuation to $100 million.