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<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. dropped 0.29 per cent to Rs 6089.55 at 01:39PM (IST) in Wednesday's trade. The stock hit a high of Rs 6141.1 and low of Rs 6055.3 so far during the session. The stock had closed at Rs 6107.35 in the previous session. The counter had a total traded volume of 01:39PM shares so far with a turnover of Rs 3.51 crore on BSE. The stock traded at a price-to-earnings multiple of 96.49 and a price-to-book ratio of 6.71.

LTIMindtree Ltd. dropped 1.32 per cent to Rs 6374.25 at 01:49PM (IST) in Wednesday's trade. The scrip hit a high of Rs 6459.6 and low of Rs 6344.0 so far during the session. The stock had closed at Rs 6459.6 in the previous session. The counter had a total traded volume of 01:49PM shares so far with a turnover of Rs 1.39 crore on BSE. The stock traded at a price-to-earnings multiple of 41.32 and a price-to-book ratio of 7.3.

Wipro is expected to report a revenue decline of 1.1% to 1.7% on a year-on-year (YoY) basis for the quarter ended September 30, 2024, according to average estimates from five brokerages, which have pegged the topline in a range of Rs 22,134 crore to Rs 22,516 crore. Estimates for the company's net profit growth for Q2 are expected to range between 5.5% and 19.5%, resulting in PAT of Rs 2,646 crore to Rs 3,161 crore.

In a trading update today (16 October) for the quarter ending 30 September, the asset manager said gross inflows into the business were down 6% over the period, while gross outflows fell by 5.1%.  Net outflows were offset by positive investment performance of £228m in the quarter, resulting in a rise in closing funds under management to £17.9bn, up from £17.8bn in the three months to 30 June.  Brooks Macdonald appoints CFO as its sells international wing to Canaccord Genuity Wealth The firm's MPS Platform, including its B2B offering for financial advisers BM Investment Solutions, s...

Subscribe to enjoy similar stories. At the recent Energy Transition Summit, finance minister Nirmala Sitharaman underscored the adverse impact of unilateral and arbitrary policies such as the EU’s Carbon Border Adjustment Mechanism (CBAM) on India’s trade and green-transition pathways, noting that India’s decarbonization journey should be guided by its own development needs and not by the Global North. Sitharaman was referring to the EU’s measure that would impose a charge on imports into the EU of products of aluminium, iron and steel, cement, fertilizers, electricity and hydrogen beginning January 2026.

Subscribe to enjoy similar stories. Alibaba and search-engine giant Baidu are investing in a nearly $700 million equity offering by a Chinese smart-driving firm, indicating rising demand for assets in the rapidly growing market for autonomous driving. Horizon Robotics, which is planning to raise as much as 5.41 billion Hong Kong dollars through an initial public offering, equivalent to $696.6 million, will begin taking orders from institutional investors starting Wednesday, it said in a filing.

Bitcoin (BTC), the world’s largest cryptocurrency by market value, surged over 3% to reach $67,200 on Wednesday, its highest level since July, driven by investor enthusiasm and political developments in the US. "Market optimism was fueled by strong participation in Trump-backed WLFI tokens and anticipation of crypto-friendly regulations as the US presidential elections approach," said Edul Patel, CEO of Mudrex.

Pakistan Prime Minister Shehbaz Sharif on Wednesday urged SCO member states to strengthen the organisation's framework for tackling multiple regional challenges and forging close cooperation. Sharif's remarks came as he addressed the opening session of the 23rd meeting of the Council of the Heads of Government (CHG) of the Member States of the Shanghai Cooperation Organisation (SCO). «From the esteemed platform of the Shanghai Cooperation Organisation, a beacon of multilateralism, I stand in the belief that we possess not only the potential but the will to forge a future that is more prosperous and secure for our people — a future inclusive and reflective of shared aspirations of all member states,» he said. Prime Minister Shehbaz highlighted: «We are at a historic moment of transition where sweeping transformations are reshaping the global, social, political, economic, and security landscape.»

strong growth visibility, the shares of Aditya Birla Real Estate (ABREL) may go up 30% predicted global brokerage firm Nomura while initiating coverage on the stock with a ‘buy’ rating and a target price of Rs 3,700. Nomura believes that ABREL has all the qualities to rank among top 5 real estate players in India.

Bandhan Bank Ltd. fell 0.72 per cent to Rs 192.9 at 12:42PM hours (IST) on Wednesday. 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 326,027 shares with a turnover of Rs 6.31 crore till 12:42PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 12.09, while the price-to-book value ratio stood at 1.34.

terrorism and extremism are unlikely to encourage trade, energy flows, and connectivity, said External Affairs Minister S Jaishankar, while speaking at the Shanghai Cooperation Organisation (SCO) summit, on Wednesday. Speaking against the backdrop of heightened tensions and global challenges, Jaishankar pointed out that terrorism and extremism, particularly along the India-Pakistan borders, continue to hinder progress in trade, energy exchanges, and regional connectivity. «Cooperation must be based on mutual respect, sovereign equality, and it should recognise territorial integrity and sovereignty,» he stated. He also noted the ongoing global conflicts, saying, «We meet at a difficult time in world affairs; two major conflicts underway, each with global repercussions.»

Pidilite Industries Ltd. fell 0.57 per cent to Rs 3147.75 in Wednesday's trade as of 12:38PM (IST) even as the benchmark Nifty ruled at 24944.0, down 113.35 points. The scrip had closed at Rs 3165.8 in the previous session. The stock quoted a 52-week low of Rs 2293.1 and a high of Rs 3414.4. The company quoted a market-cap of Rs 160100.05 crore on the BSE.

Stock market losses are never pleasant—whether through direct equities or mutual funds—but they offer a rare silver lining: the potential to reduce your tax liability through capital loss set-offs. Here’s how savvy investors can use this to their advantage.

Shipping Corporation of India and Great Eastern Shipping Company rose up to 5% on the BSE today amid reports that the Centre may approve the Coastal Shipping Bill 2024 in today’s Cabinet meeting. The shares of Shipping Corporation surged 4.6% to day’s high of Rs 249.45 while those of Great Eastern Shipping Company went up by 2.5% to Rs 1,312.40 on the BSE.

banking, auto, and IT stocks. The BSE Sensex was trading 161 points, or 0.20%, lower at 81,659. The Nifty50 was down 33 points, or 0.13%, trading at 25,024 around 9:18 am.

Crompton Greaves Consumer Electricals Ltd. traded 1.92 per cent down in Wednesday's trade at 11:52AM (IST). Around 23,735 shares changed hands on the counter. The scrip opened at Rs 422.2 and touched an intraday high and low of Rs 430.7 and Rs 417.9, respectively, in the session so far. Shares of the company of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 483.65 and a 52-week low of Rs 262.1.

DLF Ltd. traded at Rs 868.1 on BSE at 11:40AM (IST) on Wednesday, down 0.81 per cent from previous close. The stock quoted a 52-week low price of Rs 513.55 and a high of Rs 967.0.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Punjab National Bank traded 0.04 per cent down at Rs 104.9 on Wednesday at around 11:45AM (IST), while the benchmark BSE Sensex declined 387.68 points to 81432.44. As many as 161,723 shares changed hands on the counter with a total value of Rs 1.69 crore.

Subscribe to enjoy similar stories. The heart of Donald Trump’s proposed economic policies are big new tariffs on all goods imported into the United States. The former United States president [who is now the candidate from the Republican Party for the presidential elections to be held in the country next month] claims that tariffs will protect jobs, increase wages and usher in a new era of American prosperity.

Benchmark NSE Nifty index fell 20.1 points to 25037.25 amid selling in frontline bluechip stocks.