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On the BSE, Intnl Comb Ltd(down 14.52 per cent), Gabriel Pet Straps(down 12.33 per cent), Clarus Infra(down 12.04 per cent), Galaxy Bearings(down 11.03 per cent) and KP Green Engineering(down 10.60 per cent) stood among the top losers in today's trade.

Adani Energy Solutions Ltd.(up 6.04%), Hitachi Energy India Ltd.(up 5.95%), Indo Tech Transformers Ltd.(up 5.00%), Reliance Power Ltd.(up 4.99%), KKV Agro Powers Ltd.(up 4.99%), NHPC Ltd.(up 4.69%), Adani Green Energy Ltd.(up 4.68%), Torrent Power Ltd.(up 4.60%), GE Power India Ltd.(up 4.39%) and JSW Energy Ltd.(up 4.25%) stood among the top gainers.

Sheetal Cool Products Ltd.(up 4.99%), Prataap Snacks Ltd.(up 4.37%), Bajaj Consumer Care Ltd.(up 4.08%), LT Foods Ltd.(up 3.97%), Tasty Bite Eatables Ltd.(up 3.36%), Umang Dairies Ltd.(up 3.18%), Vadilal Industries Ltd.(up 2.92%), Marico Ltd.(up 2.32%), Mrs. Bectors Food Specialities Ltd.(up 2.23%) and Varun Beverages Ltd.(up 2.21%) stood among the top gainers.

Bank Group, has committed USD 400 million (about Rs 3,300 crore) to help expand access to finance for customers opting to buy EVs and energy efficient consumer goods as well as support women-owned microenterprises. This USD 400 million support is part of the USD 1 billion fundraising exercise by Bajaj Finance Ltd (BFL). The funding aims to increase competitiveness in the climate finance market, support the country's climate goals, and promote financial inclusion, a joint statement said on Wednesday.

Subscribe to enjoy similar stories. Mumbai: The Indian rupee is expected to remain under pressure on the back of a strengthening US dollar as Donald Trump wins the presidential race, experts said, prompting the Reserve Bank of India (RBI) to curb volatility in the forex market. On Wednesday, the rupee hit a record low and was trading at 84.28 against the dollar.

«It is not as if everyone will get impacted because there will be shifting channels, because he wants to put more tariffs towards China and some other countries, so some other countries might benefit,» says Vinod Karki, Head of Strategy, ICICI Securities. It seems like Trump will definitely win the US elections. So, how do you see that impacting the Indian markets? Which sectors could benefit out of this? Which sectors stand to lose the most because of this change in US presidential candidate? Vinod Karki: This will be some kind of change some kind of direction in the market, I guess because if you remember, we were looking at a rate cut cycle. If you observe the markets, the bond yields in the US have risen almost 80 bps from September lows, 3.6, and now it is around 4.4. So, it is clearly indicating that the policies of Trump will be kind of inflationary in the sense tariff hikes and immigration rules and the tax cuts. And in the previous tenure, the fiscal deficit in the US under Trump really rose because of his policies.

Subscribe to enjoy similar stories. Donald Trump is poised to become only the second US president to secure a non-consecutive second term, following Grover Cleveland’s historic feat 131 years ago in 1893. Cleveland’s second term focused primarily on domestic economic and labour issues, with limited global impact.

Subscribe to enjoy similar stories. NEW DELHI : Former US president Donald Trump looks set to return to the White House, having secured 267 electoral votes, according to the Associated Press. The Republicans have also won a majority in the Senate.

Cholamandalam Investment & Finance Company Ltd. 0.96 per cent to Rs 1296.25 in Wednesday's trade. It hit a high of Rs 1302.35 and low of Rs 1276.50 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1313.18, while the 50-DMA was at Rs 1482.19. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Colgate-Palmolive (India) Ltd. 0.62 per cent to Rs 2964.15 in Wednesday's trade as of 01:18PM (IST). The stock hit a high price of Rs 3014.70 and low of Rs 2960.85 during the session. The return on equity (ROE) for the stock stood at 70.54 per cent. Traded volume on the counter stood at 01:18PM shares and turnover at Rs 1.36 crore around that time. The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high price of Rs 3893.00 and 52-week low prices of Rs 2087.10, respectively.

Donald Trump claimed victory in the U.S. presidential election, defeating Democrat Kamala Harris, China is bracing for four more years of bitter superpower rivalry over trade, technology and security issues.

At 11:15 am, the issue attracted bids for 59,63,685 shares or 10% against the issue size of 5,82,03,223 shares. The retail portion of the issue was subscribed 50%, while there were no bids from qualified institutional buyers. The allocation for non-institutional investors (NII) was booked 4%.

Rahul Jain, Director, Dolat Capital, says quick commerce becoming better than food delivery is kind of an obvious thing. Swiggy being different from Zomato is basically having a common fleet and there is a certain leverage from the same consumer base. Is that going to change the play or make unit economics favourable? That is what Swiggy needs to demonstrate in the coming period and a differentiating angle that they can probably bring into the space. Should one subscribe to the Swiggy IPO? Rahul Jain: It would be very difficult for us to call at this point because there is very limited understanding in terms of what this company is actually going to do to change the matrix versus what the largest company is doing. At this point, it is clear that they are behind the curve in terms of improving the profitability of the business, which is an important element for valuation. And competition in this space is actually heating up. So, there is not much to talk about, not much debate on that element and thus, in that absence, it becomes a difficult call to make.

Bajaj Holdings & Investment Ltd. traded at Rs 10597.25 on BSE at 12:41PM (IST) on Wednesday, 0.02 per cent from previous close. The scrip quoted a 52-week low price of Rs 6901.05 and a high of Rs 11348.50.

TCS, Infosys, HCL Tech and LTI Mindtree rallied up to 4% each on Wednesday as the likelihood of Donald Trump winning the US Presidential election looks high. A full Trump sweep is seen as positive for equity markets globally and more so in India amid hopes of a favourable corporate tax regime alongside a low regulatory burden.

Subscribe to enjoy similar stories. NEW DELHI : With Donald Trump, the Republican nominee and former US president, leading the US presidential race, India's trade ties with the country—one of the few with which India has a merchandise trade surplus—are likely set for a paradigm shift.

Subscribe to enjoy similar stories. Passive investing has rapidly gained traction in India, with assets under management (AUM) of ₹11 trillion, or 16.5% of the ₹68 trillion mutual fund market. This space is dominated by exchange traded funds (ETFs) and index funds designed to mirror the returns of underlying indices.

SRF Ltd. 1.21 per cent to Rs 2326.50 in Wednesday's session as of 11:41AM (IST) even as the equity benchmark Sensex traded 546.27 points at 80022.9. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 2697.45 and a 52-week low of Rs 2088.55 on NSE. Around 3491 shares changed hands on the counter till 11:41AM (IST).

U.S. stock futures jumped and the dollar rose across the board, as some tallies pointed to Trump making gains over Vice President Kamala Harris in battleground states.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. 0.7 per cent to Rs 5849.10 at 11:35AM (IST) in Wednesday's trade. The stock has hit a high of Rs 5893.65 and low of Rs 5795.35 so far during the session. The stock had closed at Rs 5808.20 in the previous session. The counter has had a total traded volume of 11772 shares so far with a value of Rs 6.89 crore on the NSE. It traded at a price-to-earnings multiple of 92.79 and a price-to-book ratio of 6.71.

Hemang Jani, Independent Market Expert, says at index level, there has been an almost 10% correction, at stock level anywhere from 10% to 25-30%. A large part of that pain is behind us. It is time to start accumulating stocks, particularly the pockets where the numbers have been good, whether it is banks, defence, some of the pharma companies, telecoms, so on and so forth. We are all heaving a sigh of relief with yesterday’s rebound that we witnessed. What do you make of it? Do you think that the much overdue correction is still eluding us and is yet to come or is this going to be the course of action for the markets a couple of days on the downside and then we will bounce back? Hemang Jani: We are going through this correction for almost three to four weeks now. Of course, the earning season has been one of the main triggers, which has been a bit disappointing across sectors and within sectors also we are seeing a lot of divergence. But once this US election as an event is out of the way and once we see some clarity emerging, our markets should stabilise because a large part of the correction, which is earnings led has already been priced in because at index level we have seen almost about 10% correction, at stock level anywhere from 10% to 25-30%.