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Rajeev Thakker, CIO,PPFAS MF, says “ at a time when US bond yields are around 4 to 5% and threatening to go higher and for longer, I do not think one should be really looking at hitting sixes right now. People have made a good amount of returns in the last few years, not the last two years, but maybe from a five-year perspective. I think it is time to be more conservative in terms of the future outlook. I do not think it is a time to be very aggressive in terms of investing.” The PMS started with an AUM of less than Rs 500 crore, Is it worth Rs 20,000 crore now? Equity scheme is Rs 45,000 crore. So, Rs 45,000 crore of equity and you started in 2012? 2013.

AI hallucinations’, which could result in loss of business, threat to life, and increased costs, amidst increasing adoption of artificial intelligence, experts said. AI hallucination refers to when artificial intelligence produces content or choices that are inaccurate, prejudiced, or unsuitable. In such an occurrence, the AI produces information and behaviours that veer significantly from reality.

Mahua Moitra cash-for-query case: Trinamool Congress MP Mahua Moitra, who is being investigated in the ‘cash-for-query’ scam by the Ethics Committee of the Lok Sabha, has taken a jibe at the panel after its meeting to adopt a draft report on her “unethical conduct" was delayed. The ethics panel meeting, headed by BJP's Vinod Kumar Sonkar, was supposed to meet on November 7 but the meeting was postponed to November 9 for the "consideration and adoption" of its draft report.

Q2 Result: Shree Cement likely benefitted from the strong demand during the July-September quarter, as has been the case with its peers. The cement demand from the infrastructure sector remained strong and with monsoon activity remaining weaker than expected, the construction activities overall did not see much slowdown as has been the case historically in the monsoon impacted September quarter. The company will release its quarterly earnings today.

health insurance plan offering financial security to take care of healthcare emergencies arising from unforeseen circumstances and life-threatening accidents. Gaikwad further added, “We cannot ignore the basics, i.e health insurance plans. Having comprehensive health insurance can provide coverage for medical expenses, hospitalisation, emergency check-ups, etc." Thus, by investing in family healthcare insurance which has a floater policy, you’re not only preserving the future of your family but also the future of the next generations.

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.

brokerages took a favourable view on the stock following its September quarter earnings. Among them were Morgan Stanley which remains overweight on the counter relying on improvements being seen in its business. In the domestic pack, Nuvama maintained a buy view while Kotak Institutional Equities recommended an 'Add'. On Monday, Nykaa reported a 8% year-on-year (YoY) growth in its consolidated net profit at Rs 5.4 crore for the quarter ended June 2023.

equities by foreign portfolio investors intensified in October as a sharp spike in the US bond yields amid concerns that interest will stay higher for longer triggered a risk-off mood on Dalal Street. Data shared by the National Securities Depository Ltd (NSDL), showed that eight major sectors saw high selling by FPIs, with financial services bearing most of the brunt of it. FPIs net sold shares worth Rs 28,933 crore or $3.5 billion across eight sectors, namely financial services, information technology, oil & gas, power, fast moving consumer goods, construction, consumer durables, and healthcare.

primary market has been one of the shining lights in the investment arena this year with a bumper rush of public offers and healthy listing gains. Six IPOs have turned multibaggers in Samvat 2079 with the highest return of over 300% by Kaynes Technology. The other offers which have delivered over 100% returns till date include Plaza Wires, Cyient DL, Global Health, Senco Gold and Utkarsh Small Finance Bank. While Plaza Wires is up about 163% from its offer price, Cyient DLM and Global Health are each trading 140% higher. Other notable mentions are the ideaForge and Netweb Technologies IPOs, whose shares doubled investors wealth on listing day.

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.

Many people hold a common misconception that transactions between spouses are entirely exempt from tax implications. The reality is more nuanced. While certain provisions exist to prevent the imposition of taxes on asset transfers between spouses, there are also regulations in place to deter the misuse of these exemptions for tax evasion. To ensure accurate income tax computation and reporting, individuals must be aware of both sides of this coin.

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.

Sensex jumped 594 points to settle at 64,958 and the broader Nifty climbed 181 points to end at 19,411. Stocks that were in focus included names like IndiGo, which gained 1.94%, Nykaa, which jumped 5.06%, and JK Cement, whose shares increased 8.67% on Monday. Here's what Avdhut Bagkar, Derivatives & Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today. IndiGo — Bullish Following a move over the 100-simple moving average (SMA), the price action has succeeded in surpassing the selling pressure level of 2550. This move points further upside in the direction of 2650 – 2700 levels. The trend remains highly optimistic, holding the support of 2470.

Mortgage customers underwater on repayments are likely to be offered deferred repayment plans if they call up their bank, and even those who aren’t struggling are securing big discounts on interest rates just by picking up the phone.

Origin Energy’s North American suitors have secured support for their $20 billion takeover proposal from key proxy adviser Institutional Shareholder Services, which has told investors the deal offers a “reasonable” premium.

BSE Sensex ended 594.91 points higher at 64,958.69, while the NSE Nifty 50 rallied 181.15 points, or 0.94%, to close at 19,411.75. The Nifty 50 index formed a reasonable bull candle on the daily chart with minor upper and lower shadow. The opening upside gap of the last three sessions remains intact.

₹549.37 crore, according to NSE data. DIIs bought equities resulting in an inflow of ₹595.70 crore, the exchange data showed.Oil held a modest advance after Saudi Arabia and Russia’s announcements that they would prolong supply cuts through the end of the year was balanced by a worsening demand outlook.The yield on the 10-year Treasury rose to 4.64%.

Dividend stocks 2023: Shares of DB Corp Ltd, Marico Ltd, Oriental Carbon & Chemicals Ltd, Siyaram Silk Mills Ltd, Sonata Software Ltd, Supreme Industries Ltd, Transport Corporation of India Ltd, Vaibhav Global Ltd, and Venus Pipes & Tubes Ltd will be in focus when the stock market opens today. The board of directors of these companies have declared dividends for its eligible shareholders.

Buy or sell stocks for today: Following strong global market sentiments, Indian stock market sentiments ended higher for third straight session. 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.

Honasa Consumer IPO: Listing date of Mamaearth's parent Honasa Consumer Limited on Indian exchanges has been fixed on 7th November 2023 i.e. today.

Goodyear Tire (GT) reported its Q3 results, with EPS of $0.36 coming in better than the consensus of $0.19. However, revenues of $5.14 billion missed the consensus estimate of $5.3B.