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Cholamandalam Investment & Finance Company Ltd. 1.31 per cent to Rs 1275.00 at 01:41PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 1291.95 and low of Rs 1266.80 so far during the session. The stock had closed at Rs 1292.05 in the previous session. The counter has had a total traded volume of 16058 shares so far with a value of Rs 2.04 crore on the NSE. It traded at a price-to-earnings multiple of 27.71 and a price-to-book ratio of 4.96.

Lupin Ltd. 0.84 per cent to Rs 2187.55 at 01:19PM (IST) in Wednesday's trade. The counter has hit a high of Rs 2211.00 and low of Rs 2162.10 so far during the session. The stock had closed at Rs 2206.15 in the previous session. The counter has had a total traded volume of 16462 shares so far with a value of Rs 3.61 crore on the NSE. It traded at a price-to-earnings multiple of 44.15 and a price-to-book ratio of 5.16.

economic growth beat estimates by accelerating by 0.4% in the third quarter 2024 from 0.2% in the second quarter because of impact of the Paris Olympic Games, preliminary data from statistics agency INSEE showed on Wednesday. Economists polled by Reuters had an average forecast of 0.3% for third quarter gross domestic product (GDP) growth. An influx of tourists attending the Paris Olympics boosted consumer spending in the euro zone's second-biggest economy, which grew 0.5% in the third quarter after a flat performance in the second quarter.

Freak Off parties with an exception for really tall ones, a party planner told the New York Post. She revealed she kept a scale in her car to ensure no female guest weighed more than 140 pounds as Diddy was very particular about the weight of the women. «The girls had to be young and hot, so I always had a scale nearby in case I needed to make sure. The number of 140 pounds, but if a girl was really tall, there was a little bit of discretion involved,» she said.

One of NBC News' longest-tenured correspondents, Andrea Mitchell, is switching gears

Adani Power Ltd. traded 0.56 per cent at Rs 595.15 at 10:30AM (IST) on Wednesday, even as BSE benchmark Sensex 244.17 points to 80124.86. The stock had closed at Rs 591.80 in the previous session. The stock quoted a 52-week high price of Rs 896.75 and 52-week low of Rs 345.20, respectively. As per BSE data, total traded volume on the counter till 10:30AM (IST) stood at 64300 shares with a turnover of Rs 3.81 crore.

Cummins India Ltd. 1.29 per cent to Rs 3517.60 at 10:35AM (IST) in Wednesday's trade. The stock hit a high of Rs 3524.95 and low of Rs 3454.20 so far during the session. The stock had closed at Rs 3472.60 in the previous session. The counter had a total traded volume of 10:35AM shares so far with a turnover of Rs 0.97 crore on BSE. The stock traded at a price-to-earnings multiple of 53.27 and a price-to-book ratio of 12.61.

Prestige Estates Projects shares will be in focus after the firm reported a steep 77.4% year-on-year (YoY) decline in net profit to Rs 192.2 crore for the second quarter, driven primarily by a Rs 106 crore deferred tax impact linked to recent changes in the tax code, including the removal of indexation benefits on capital gains. The company’s revenue, however, edged up by 3% to Rs 2,304.4 crore from Rs 2,236.4 crore in the same quarter last year, highlighting consistent top-line growth despite broader headwinds.

The Commerce Department's advance estimate of third-quarter gross domestic product on Wednesday will be published less than a week before Americans head to the polls on Nov. 5 to choose between Vice President Kamala Harris, the Democratic Party candidate, and former President Donald Trump. Polls show the race is a toss-up. Americans, who list the economy as a top election issue, have chafed at high food and housing costs, even as the economy has defied forecasts of a recession and continues to outperform its global peers.

Subscribe to enjoy similar stories. The “Diwali stamp" was practically an annual ritual in the United States. While working in the San Francisco Bay Area in the 2000s I remember every year someone or the other would forward an email with a petition to the United States Postmaster General, asking them to issue a Diwali stamp.

Subscribe to enjoy similar stories. MUMBAI : Diwali is one of India's most significant festivals, marked by various spiritual and religious rites. A key tradition is Muhurat trading, where traders and investors perform Laxmi Puja for prosperity and strategically accumulate valuable stocks to diversify their portfolios.

Asian stocks eked out gains following mixed results from Wall Street tech companies and as traders prepare for next week’s US election and Federal Reserve rate decision. Shares gained in Japan, but slipped in Australia and South Korea. US contracts advanced in Asia after the S&P 500 closed up 0.2% and the Nasdaq Composite rose to a record. In late US trading, Alphabet Inc. climbed more than 5% as the Google parent’s earnings beat estimates, while Advanced Micro Devices Inc. sank 7% amid a lackluster revenue forecast.

Systematic Investment Plan (SIP) is a popular tool for investing in mutual funds and building a long-term corpus. Data from the Association of Mutual Funds in India (AMFI) show that investors register SIPs of Rs 25,000 crore every month, reflecting rising interest in mutual funds. WHAT IS A SIP? SIP is an investment option offered by all mutual fund houses, which enables an investor to put in a fixed amount of money at predefined intervals in a chosen mutual fund scheme. SIPs are offered in all fund categories — equity, hybrid, gold, international fund of funds or a debt fund. Many fund houses accept amounts as low as Rs 500. SIPs automate investing and help deploy money regularly into equities and debt without worrying about the ups and downs of the market. In the long run, investors stand to benefit due to rupee cost averaging and the power of compounding.

Dalal Street presented a study in sharp contrasts — and lofty records. First, foreign investors pulled Rs 1 lakh crore out of Indian equities in October, beating the record in the Covid-ravaged March of 2020 with consummate ease. Yet, the fall in equity gauges was nowhere as devastating as in that month, with domestic funds more than matching the sales momentum through record purchases. In the bargain, domestic institutional investors (DII) may have, for the first time this millennium, pulled ahead of overseas funds in owning locally listed firms — another record that points to the shifting centre of gravity in the ownership of Indian risk assets. To be sure, detailed ownership data for October-December will be published in January. Yet, by September end itself, the ownership gap between foreign institutional investors (FII) and DIIs had narrowed to a record low of 109 bps, underscoring the growing influence of domestic capital in Indian equities. “There has been a dramatic shift in ownership in Indian capital markets over past few quarters, with local investors taking the lead and FIIs losing influence,” said Pranav Haldea, MD, Prime Database Group.

Indian IT firms leveraged their partnerships with top clients to put up a strong show. From generating revenue from additional demands of existing clients, and restarting clients’ backlog projects to harvesting top clients, IT firms lapped up these incremental works with finesse. Top IT firms saw their top clients’ contribution to their total revenue jumping in the second quarter. HCLTech’s top 20 clients that contributed 27.3% of its revenue in Q2 of last fiscal, are now contributing 350 bps (100 basis points is 1%) more currently (at 30.8%). Infosys’ top 10 clients are contributing 100 bps more today than what they were contributing to the corresponding period of last year. Similarly, Wipro’s top 10 clients are contributing 230 bps more today (at 22.9%) than what they were contributing (20.6%) in the corresponding period of last year.

Saphyre Vice Chairman Wolfgang Koester details his excitement around the fin-tech sector, looks ahead to this weeks earnings and previews the October jobs report.

Michael Lee Strategy founder Michael Lee provides his market outlook ahead of the September CPI inflation report on Varney & Co.

Amazon Prime Video has released the trailer for The Sticky, a dark comedy series starring Margo Martindale. The show centers around a fictional maple syrup heist, blending humor with crime in a series inspired by real-life events.

Pamela Anderson, the iconic star known for her role in Baywatch, has been making headlines this year, especially following her acclaimed performance in The Last Showgirl. As the awards season approaches, Anderson is not only garnering attention for her acting but is also set to host a new cooking show on HGTV Canada titled Pamela’s Cooking With Love. This new venture follows the successful run of her earlier series, Pamela’s Garden of Eden, which returned for its second season in October 2023.

AccuWeather meteorologist Paul Pastelok highlighted that snow in northern Arizona could deter voters from polling sites, while northern Wisconsin and Michigan's Upper Peninsula may also experience snowfall. He noted that the weather could affect older voters who might be less inclined to brave the elements. Pastelok mentioned that a low-pressure system might deliver rain and snow early in the day, complicating voting plans. Also Read: Another subprime crisis in the making? American banks sitting on $750 billion in losses on realty debt-related securities; here are sectors most vulnerable

Netflix is nearing gradually but show's fans are curious about the future of Mel and Jack's future. «Virgin River» Season 6 will be released on Netflix on December 19. Now the question is will Mel and Jack get married in the sixth season of «Virgin River»? Earlier in October, Netflix has dropped the teaser of «Virgin River» Season 6 on YouTube. The caption for the «Virgin River» Season 6 teaser says, «Big moments and a promise of forever are on the horizon for Jack and Mel.»