FIVE Financial News

ICICI Prudential Dividend Yield Equity Fund gave the highest return of around 33.69% in the three-year horizon. Templeton India Equity Income Fund, second in the list, offered 27.67% in three years. Aditya Birla Sun Life Dividend Yield Fund, the oldest scheme in the category, offered 26.30% in three years. The scheme has completed around 20.75 years in the market.

Anuj Poddar, MD & CEO, Bajaj Electricals, says «Q3 is definitely looking better. It has started on a stronger note and the two factors that have impacted Q2 one is just a general weak environment for consumer demand that we saw particularly in September but also there was also a shifting of the festive season this year from Q2 to Q3, which is why the base effect kicked in. I do see a better start to Q3 and hopefully a better end to Q3 as well.» In your commentary after Q2 results, you have mentioned a weak consumer demand sentiment which might have impacted your consumer products and lighting solutions revenues in the quarter gone by. Has the demand recovered from those low levels or are you still seeing it impact in this quarter as well? Yes Q3 is definitely looking better. It has started on a stronger note and the two factors that have impacted Q2 one is just a general weak environment for consumer demand that we saw particularly in September but also there was also a shifting of the festive season this year from Q2 to Q3, which is why the base effect kicked in. I do see a better start to Q3 and hopefully a better end to Q3 as well.

Devang Mehta, Director-Equity Advisory, Spark Private Wealth, says: “Most of this high-end discretionary luxury demand for cars, real estate, as well as capex, is bound to come in and most of these industries will do very well. So on the sector front, auto, auto components, a lot of building material/home improvement/capital good type of businesses is what we recommend to our clients in building the portfolios.” Why don’t you start by giving us one of your top Diwali recommendations given the fact that there are cheers all around with Nifty hitting that 19,400 mark. I would not be able to recommend any single specific idea but yes, as a theme, we clearly like something in the auto and auto component universe. We know that it is a part of discretionary consumption and India Inc., has been seeing sales of passenger cars over the last complete festive weekends, may it be Navratri or the start of Diwali season.

Day trading guide for stock market today: On account of strong global cues, Indian stock market extended its rally for third straight session on Monday. Nifty 50 index advanced 181 points and closed at 19,411 levels, BSE Sensex shot up 594 points and ended at 64,958 mark whereas Bank Nifty index finished 301 points up at 43,619 levels.

benchmark NSE Nifty 50 Index has climbed in the six months leading to the vote in each of the past five elections, posting an average 16 percent return during the period, data compiled by Bloomberg show. Gains in the three months after the polls have averaged more than 3 percent. Prime Minister Narendra Modi faces a test in five state polls this month before the nationwide contest in the summer of 2024.

Honasa Consumer: Analysts predict that the stock of Honasa Consumer, the parent company of Mamaearth, is likely to debut with a flat to marginally positive listing on November 7. Mamaearth's recent IPO faced significant market challenges, although it was well-received by qualified institutional bidders (QIB), who oversubscribed the offering by 11.5 times. In contrast, retail investors demonstrated caution, subscribing only 1.4 times the allotted quota.

Oil held a modest advance after Saudi Arabia and Russia’s announcements that they would prolong supply cuts through the end of the year were balanced by a worsening demand outlook. Also Read: OMCs to Absorb Crude Oil Shocks West Texas Intermediate (WTI) was steady near $81 a barrel after closing 0.4 percent higher on Monday, November 6, while global benchmark Brent traded close to $85.

TOKYO (Reuters) — Japan's real wages slipped in September for an 18th month, government data showed on Tuesday, with rising prices squeezing consumers' purchasing power, and likely to add to pressure from labour groups for higher wage increases.

By Nelson Acosta

Digital collectible sales are skyrocketing after months of a downtrend. According to blockchain analytics firm Nansen AI, the non-fungible token (NFT) ecosystem has seen a remarkable increase in sales volume in the past five weeks.

Taylor Sheridan, creator of the successful Yellowstone spin-off shows, has made a name for himself. Sequels and spin-offs often fall short, but not in the case of the Yellowstone world. Yellowstone Season 5 Part 2, the series finale, faces a delay in its last six episodes. These episodes are set to premiere in November 2024, as per Variety. The season began in November 2022, with episode 8 airing in January 2023. The intended return in November 2023 was postponed due to Hollywood strikes and production issues involving Kevin Costner. There are even rumors that Costner may not return for the final episodes. While waiting for the flagship series to conclude, there are already five Yellowstone spin-off shows to keep track of. As of November 6, 2023, there are three prequels, titled 1883, 1923, and 1944, as well as two sequels, titled 2024 and 6666. Sheridan is an executive producer on the Paramount+ series Lawmen: Bass Reeves, originally thought to be part of the Yellowstone universe. However, it stands as a standalone series unrelated to the Montana-based Western series.

Geeked Week is a week-long event featuring live streams that unveil sneak peeks and breaking news about upcoming content. In 2023, Netflix added tattoo pop-up shops in New York, Atlanta, Denver, Los Angeles, and Richmond, VA, along with drink trivia nights and prop drops. Throughout the week, a total of 48 titles will be presented, including some that were announced or teased before the event.

Federal officials say an exotic wildlife preserve owner famous from the popular Netflix series “Tiger King” has plead guilty to animal trafficking and money laundering

Costs for some key health insurance components have slowed for workers in recent years. While the deceleration is a positive trend, many workers likely still find current prices unaffordable, experts said.

Chicago Cubs on Monday announced replacement of manager David Ross with Craig Counsell. The team confirmed the news in a statement, expressing gratitude for Ross's contributions as both a player and a manager. Cubs President of Baseball Operations Jed Hoyer thanked Ross for his leadership and acknowledged his lasting impact on the organization, citing his integral role in the 2016 World Series victory. «Today we made the difficult decision to dismiss David Ross as our Major League Manager,» Hoyer said. «On behalf of the Cubs organization, we express our deep gratitude for David's contributions to our club, both on and off the field.

As we step into November, there's a sense of uncertainty in the air. Historically, this month has been bullish, especially for the S&P 500 and the Dow Jones Industrial Average. So, investors have their eyes on a pattern that has historically sent these indexes soaring during this period.

A scammer has stolen $588,000 of Bitcoin by uploading a fraudulent Ledger Live app onto Microsoft’s app store.

Noel Greenhalgh, the part-owner of Melbourne Cup winner Gold Trip, knows a thing or two about buying horses.

The FDA received more reports of illnesses linked to lead-tainted pouches.

Since allies of Florida Gov. Ron DeSantis took over Walt Disney World’s government earlier this year, morale has deteriorated, the governing district has been politicized and cronyism permeates the organization

Australian Prime Minister Anthony Albanese says he will protest a lack of transparency in China’s treatment of a detained Australian democracy blogger when meeting with President Xi Jinping in Beijing during a trade-focused state visit