Performer Financial News

Coal India Ltd- The country’s largest Coal Supplier reproted reported a 9.85% increase in revenue and a 12.51% increase in profit year-over-year during the September quarter. Thr results were declared post market hours on Friday. ThE positive performance indicates the company's ability to generate higher revenue and profitability compared to the same period last year.

Rahul Jain, President and Head of Nuvama Wealth is positive about the Indian market for the Samvat 2080 even though he thinks there may be some volatility due to domestic and global factors. In an interview with Mint, Jain said sectors such as renewables, capital goods, defence, electricity, power-associated sectors, and infrastructure may do well in Samvat 2080. Edited excerpts: In the period post-Diwali, the markets faced a sluggish period for a few months followed by a noteworthy correction.

World Cup or on the global macroeconomic stage. If one were to think of the global events that have unfolded over the last one year, one would have anticipated a reasonable correction in the equity market. However, India’s policy stance ensured that global geopolitical tensions didn’t impact India materially.

Wasim Akram blasted Babar's critics and blamed the faulty Pakistan cricket system. Babar is under the radar of critics for the dismal World Cup show in India. To this, Akram lambasted the critics saying that making Babar a scapegoat is not right.

Sri Lanka skipper Kusal Mendis on Sunday hoped the ICC's suspension of the nation's cricket body will not affect the upcoming fixtures of the national team and the preparations for the men's U19 World Cup here early next year. Sri Lanka have a busy schedule next year, starting with Zimbabwe touring the island nation in January-February for a limited-overs series. The 2024 men's U19 World Cup will commence in the island nation on January 13 with 16 teams competing.

Yogi Adityanath said on Sunday that 88 diplomats from 54 countries had visited the new Ayodhya and witnessed the grand 'Deepotsav' in the holy city. Speaking to about the grand Deepotsav, CM Yogi said, «The country and the world have witnessed the Deepotsav of Ayodhya. Diplomats from 54 countries have come and visited the new Ayodhya.

The Indian office space market has emerged as a beacon of stability and resilience in the year 2023, defying global economic uncertainties. With a remarkable absorption of around 38 million square feet of office space, nearly matching the levels witnessed in 2022, India’s commercial real estate sector continues to demonstrate robust momentum. This dynamic landscape is driven by key cities in the southern region, with Bengaluru at the forefront, along with the National Capital Region, collectively accounting for about half of the total office space demand.

By Akshat Pushp

By Girish Ramachandra

Diwali Muhurat trading day, Sensex and Nifty have given positive returns in the one-hour special session 80% of the time in last 10 years. The best Muhurat performance was in 2008, during the global financial crisis, when indices jumped nearly 6%. Last year's Muhurat on October 24 saw indices rise around 0.88%. «Those participating in the session on an auspicious note do not look at intraday or overnight gains. Also, this being a stock-specific exercise, Nifty’s trend takes less of a predominance as it does on regular days,» said Anand James, Chief Market Strategist at Geojit Financial Services. A screener ran by ETMarkets shows that there are at 457 stocks with a market capitalisation of more than Rs 1,000 crore that have given positive returns in all the last 5 Muhurat days. Out of them, there are at least 19 stocks that gave a return of at least 5% in the last Muhurat session. Top gainers include D-Link, Saksen Technologies, Tata Motors — DVR, Finolex Cables, PTC Industries and Wonderla Holidays.

Tiger 3’, the much-awaited Salman Khan-Katrina Kaif-starrer, enjoyed a grand pan-India release today. Much like any festival, any Salman Khan movie is no less than a celebration. Moments after the action thriller was released, netizens flooded social media with several posts, gushing about the movie, its action sequences, and the Khan and Kaif’s chemistry. Sharing one early review, a fan deemed ‘Tiger 3’ to be the best performance of Khan’s career.

Narendra Modi on Sunday reached Lepcha in Himachal Pradesh to celebrate Diwali with security forces. PM Modi donned a camouflage jacket and spent time with the security forces.

BSE and the NSE will conduct the ‘Muhurat trading’ between 6:00 pm and 7:25 pm on Sunday, November 12. The Bombay Stock Exchange (BSE), Asia’s oldest stock exchange, has been conducting the Diwali Muhurat trading sessions since 1957. The NSE started this tradition in 1992.

Also read: Diwali Muhurat Trading today: Timings, details & all you need to know Secondly, of notable significance, large caps earnings growth in H1 has been robust, with high double-digit growth of 30 to 35%, based on the Q2 results announced till date. Despite this impressive earnings performance, the stock performance of India& large-cap index, exemplified by the Nifty100, remains in the low double digits. Foreseeing a narrowing in the peer performance between mid to large caps over the next six months, we posit that large caps are positioned for superior performance.

returns in October, little-known Shepherd's Hill PMS-run multicap Value Magno fund topped the list by delivering an impressive monthly return of around 9%. Equitree Capital Advisor's smallcap Emerging Opportunities fund came second on the list with 6% return last month. Other top performing funds were Credent's AIM Multicap fund, Stallion's Core fund, Motilal Oswal's value migration and IOP funds, shows data pulled from PMS Bazaar. Green Portfolio's Dividend Yield Fund also managed a decent return of 2.6%. During the month, both Nifty TRI and BSE 500 TRI fell around 3% and most of the star fund managers failed to eke out positive returns.

Nitish Kumar created a furore inside and outside the House. Not only did it bring embarrassment to his party, he faced criticism for his inappropriate words even from abroad. Right from African-American actress-cum-singer Mary Millben, to Prime Minister Narendra Modi, a whole lot of people slammed Nitish Kumar for his speech. Nitish Kumar may have made an inappropriate speech for the first time in his long political career of 46 years, but of late he has been making many errors during his speeches at public events. Last month he stunned everyone at a function by calling himself "Faltu Mukhya Mantri."

BJP and the Congress remember the results of the 2018 elections, because both the parties did not get an absolute majority in that election. While the Congress won 114 seats, the BJP won 109 seats.

₹50,580 per 10 gm to ₹59,654 per 10 gm levels on Multi Commodity Exchange (MCX), logging to the tune of 18 per cent. Since Diwali 2022, silver price has ascended from ₹57,748 per kg to ₹70,025 per kg levels, registering more than 21 per cent rise in this time duration. However, comparing this return against key benchmark indices of Indian stock market, both precious metals have generated alpha return against Indian stock market.

Also Read: Diwali 2023: What is ‘samvat’ and why does it hold significance for stock market investors? These results can be attributed to increased efficiencies, a decrease in commodity prices, and a steady demand environment. “The combination of stable yields and the Indian Rupee (INR), along with limited investment opportunities in sluggish markets like China, is anticipated to channel Foreign Portfolio Investment (FPI) into the Indian market," Ambani said in a note.

Narendra Modi in Secunderabad, Telangana on Saturday. A video of a woman climbing a light tower at the venue where PM Modi was addressing the public is circulating on the internet. When PM Modi saw the woman climbing on a light pole, he requested her to get down and listen to her demand.

Mitch Marsh has recaptured his form at No.3 with a big century to ensure Australia will go into the World Cup semi-finals on the back of seven straight wins and an eight-wicket victory over Bangladesh.