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«There will not be a wide across the board earnings growth. There will be pockets which will show growth and which is where the market will look into,» says Rupen Rajguru, Head of Equity Investment & Strategy, Julius Baer. What is the market telling us in the sense that there has not been any incremental negative news flow as such, but it is not taking off? Do you think the interest in the overall markets is on the lower side or is it just time-wise consolidation that we will have to deal with? Rupen Rajguru: As you said what is the market looking for. So, while you said that there is no incremental negative, but at the same time there are no incremental positives. So, usually, we had this phenomenal bull run between 2020 and 2024 wherein the earnings compounded more than 20% plus for largecaps and 25% plus for midcaps and 30% plus for smallcaps.

Honasa Consumer, the parent of beauty and personal care brand Mamaearth, on Thursday said it has elevated Vipul Maheshwari to senior vice president of product and data analytics. An IIT Delhi alumnus, Maheshwari has been with Honasa for more than four years, specialising in analytics and data science. He also had stints at Delhivery and Global Analytics India Pvt Ltd. Maheshwari will continue to lead integration of advanced analytics for product development as the company sharpens focus on data-driven innovation to monitor business performance.

Prabhudas Lilladher in its latest India Strategy Report while slashing its base case target for Nifty to 27,381 (27,867 earlier), recommending selective buying on dips for long-term gains. The domestic brokerage values Nifty at a 15-year average PE (19.1x) with Sept 26 EPS of 1,434 and arrives at a 12-month target of 27,381 (27,867 earlier), while in a bull case scenario, it values Nifty at PE of 20.1x and arrives at a bull case target of 28,750 from an earlier 29,260.

MphasiS Ltd. 1.91 per cent to Rs 2958.45 in Thursday's trade as of 02:00PM (IST) even as the benchmark Nifty ruled at 24023.95, 250.96 points. The scrip had closed at Rs 3016.25 in the previous session. The stock quoted a 52-week low of Rs 2180.05 and a high of Rs 3186.95. The company quoted a market-cap of Rs 55917.03 crore on the BSE.

Indian Hotels Company Ltd. rose 1.19 per cent to Rs 779.25 in Thursday's trade. It hit an intraday high of Rs 792.00 and low of Rs 775.20, respectively, during the day. The stock quoted a 52-week high price of Rs 814.65 and low of Rs 416.15.

Yamuna Expressway and the Noida-Greater Noida Expressway. The measures will be implemented from December 15, 2024, to February 15, 2025, aiming to address visibility and road conditions caused by fog and freezing temperatures. DCP (Traffic) Yamuna Prasad explained, “During winter, fog reduces visibility on roads, making driving difficult. Due to freezing temperatures, roads also become slippery, increasing the chances of an accident. To avoid any untoward incident, we are planning to reduce the speed limit on the Noida Expressway and Yamuna Expressway soon.”

DOCA) to quickly notify guidelines by using its powers under Section 18 of the Consumer Protection Act, 2019, to expedite stringent action against individuals/entities bombarding ordinary consumers with unsolicited and unwarranted business communications (UBC). “The DOCA guidelines, once issued, will cover all sources of UBC – whether through the telecom service provider channel or the OTT Communication channel — and will provide complete protection to the consumers at large,” the Cellular Operators Association of India (COAI), which represents Reliance Jio, Bharti Airtel and Vodafone Idea (Vi), said in an official statement Thursday. The telecom sector lobby body said the present Telecom Commercial Communication Customer Preference Regulation, 2018 (TCCCPR), formulated under the TRAI Act, 1997, is an “incomplete and therefore ineffective solution,” as there are several entities in the ecosystem that are responsible for the UBC that are outside the telecom regulator’s jurisdiction.

United Spirits Ltd. traded at Rs 1502.00 on BSE at 01:15PM (IST) on Thursday, 0.87 per cent from previous close. The scrip quoted a 52-week low price of Rs 1031.85 and a high of Rs 1648.40.

Subscribe to enjoy similar stories. Mumbai: International Holding Company (IHC), the investment arm of Abu Dhabi's ruling family, has become the second major investor to reaffirm its faith in the Adani Group after its chairman Gautam Adani was indicted by US federal prosecutors for allegedly bribing Indian government officials. "At IHC, our investment strategy is guided by a commitment to long-term growth and sustainability.

HDFC Asset Management Company Ltd. 0.01 per cent to Rs 4245.90 in Thursday's trade as of 11:59AM (IST). The stock hit a high price of Rs 4278.80 and low of Rs 4227.05 during the session. The return on equity (ROE) for the stock stood at 28.08 per cent. Traded volume on the counter stood at 11:59AM shares and turnover at Rs 1.27 crore around that time. The stock of HDFC Asset Management Company Ltd. quoted a 52-week high price of Rs 4862.00 and 52-week low prices of Rs 2850.05, respectively.

The S&P/ASX 200 index hit an all-time high of 8,477.10 earlier, its third this month and second this week. It ended the day with a 0.5% increase to 8,444.30.

Tata Power Company Ltd. 0.11 per cent to Rs 417.30 at 11:53AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 531,518 shares with a turnover of Rs 22.17 crore till 11:53AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 35.51, while the price-to-book value ratio stood at 3.89.

midcap stocks have outperformed the Nifty at an index level over the past year, there are 10 stocks that have been market laggards and have dragged down the Nifty Midcap 100 index. Vodafone Idea's 40% fall is the most notable, followed by IDFC First Bank and Bandhan Bank. Here's what to do with them: Other stocks include Tata Elxsi, Indraprastha Gas (IGL), AU Small Finance Bank, APL Apollo Tubes, Delhivery, Astral, and SBI Cards and Payment Services, which have fallen between 5% and 19% in the last 12 months.

HDFC Bank's market capitalization reached Rs 14 lakh crore for the first time on Thursday after the stock of India's largest private lender hit a fresh record high of Rs 1,836.05 on the BSE. The market cap peaked at Rs 14,00,710 crore but later slipped below this level amid profit-taking in the broader markets.

Referring to an order issued by the Municipal Corporation of Delhi on Wednesday, the sources said that the 72-year-old man from west Delhi was admitted to the All India Institute of Medical Sciences on November 3 following chest pain. The patient is diabetic (20 years, uncontrolled), has coronary artery disease with CHF, bilateral lower limb weakness and bowel and bladder incontinence, the source said.

Royal Challengers Bengaluru assembled a strong side in the IPL 2025 auction held on Sunday and Monday at Jeddah, Saudi Arabia. The franchise had retained star batter Virat Kohli for Rs 21 crore, Rajat Patidar for Rs 11 crore and uncapped pacer Yash Dayal for Rs 5 crore. They also made a few big buys in the auction, including Australian pacer Josh Hazlewood for Rs 12.5 crore, England's Liam Livingtone and Phil Salt for Rs 8.75 crore and Rs 11.50 crores. However, it was the Indian wicket-keeper batter Jitesh Sharma who was the biggest gainer. The franchise shelled out Rs 11 crore on the finisher. He got a salary hike of 5,500 per cent — which is an IPL record by some distance. The amount he will receive in the 2025 season is 55 times more than his previous IPL salary of Rs 20 lakh. He was picked up for his base price by PBKS in the IPL 2022 mega auction and then retained him for the same price for the next two seasons.

Dr Reddy's Laboratories on Thursday said it has launched Toripalimab, a drug for the treatment of recurrent or metastatic nasopharyngeal carcinoma in India. Nasopharyngeal carcinoma (NPC) is a rare, aggressive form of head and neck cancer that originates in the nasopharynx, the upper part of the throat. The company has launched Toripalimab, a new biological entity (NBE), Dr Reddy's Laboratories said in a regulatory filing. The medication is the only immuno-oncology drug approved by various regulatory authorities around the world such as the US Food and Drug Administration (USFDA), European Medicines Agency (EMA), Medicines and Healthcare products Regulatory Agency (MHRA), and others for the treatment of adults with recurrent or metastatic nasopharyngeal carcinoma (RM-NPC), it added.

REC Ltd. 0.96 per cent to Rs 531.50 in Thursday's trade as of 11:41AM (IST). The stock hit a high price of Rs 535.50 and low of Rs 524.45 during the session. The return on equity (ROE) for the stock stood at 20.56 per cent. Traded volume on the counter stood at 11:41AM shares and turnover at Rs 11.12 crore around that time. The stock of REC Ltd. quoted a 52-week high price of Rs 653.90 and 52-week low prices of Rs 331.85, respectively.

Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms. The company's depositary shares opened at $15 in their Nasdaq debut, compared with the IPO price of $13. The IPO comes after nearly two years of uncertainty following Didi Global's delisting amid regulatory backlash in China, with Beijing easing tensions by resolving a long-standing audit dispute with the US accounting watchdog in December 2022.

Shiv Sena leader Shaina NC on Thursday said that looking at the work done by caretaker-Chief Minister Eknath Shinde during his tenure, he should have been the «natural choice» for leading the state government once again. «The strike rate of all three parties has been so stupendous that every party will want its leader to become the Chief Minister. But we feel that the way Eknath Shinde has worked on the ground, without any allegation and for the common man and led us to victory, he should have been the natural choice,» she told ANI.

Honasa Consumer (Mamaearth) hit 10% upper circuit at Rs 251.5 in Thursday's trade backed by heavy volumes on the NSE. A total of 17.6 lakh equity shares worth Rs 43.94 crore changed hands so far. This rally came after the stock had been under significant pressure. Honasa's share price had fallen nearly 40% over the past month and more than 50% in the last three months. It also dropped below its IPO price of Rs 324 earlier this month.