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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%.

MphasiS Ltd. traded at Rs 2896.00 on BSE at 10:35AM (IST) on Wednesday, 1.32 per cent from previous close. The scrip quoted a 52-week low price of Rs 2144.50 and a high of Rs 3186.95.

Subscribe to enjoy similar stories. With a knack for disrupting industries, Tata Group’s Trent is now setting its sights beyond fast fashion. After redefining affordable clothing, Trent is entering a new frontier—lab-grown diamonds (LGDs).

US Presidential Election 2024 while results are expected to be declared state by state starting at 18:00 EST on Tuesday, reported BBC News. The tight race in between US Vice President Kamala Harris and former US President Donald Trump might lead to really longer wait times for the results specifically in the key swing states like Pennsylvania where a recount can be certainly triggered by a narrow margin.

Kamala Harris, 60, will make history as the first female president, or if former President Donald Trump, 78, will return for a second, non-consecutive term.

US elections 2024 results are going to go, especially in the key swing states like Pennsylvania, since 6 to 7 of these regions will possibly decide the future of Donald Trump and Kamala Harris' race to the White House. The US election polling has already begun, and by the end of the day, there is a possibility that some of the regions may start showing the election result trends in favor of either of the Presidential candidates.

Subscribe to enjoy similar stories. There are currently more than 180 sectoral or thematic mutual funds in India, up three times in ten years. Their contribution in this financial year to total net equity inflows has touched nearly 50%, up from about 16% in FY 2022.

The pan-European benchmark had slipped 0.2% as of 0814 GMT, with the oil and gas index's 0.7% decline the most among the major sectors.

Tube Investments of India Ltd. traded at Rs 4139.10 on BSE at 02:08PM (IST) on Tuesday, 5.06 per cent from previous close. The scrip quoted a 52-week low price of Rs 3107.15 and a high of Rs 4807.05.

REC Ltd. 2.45 per cent to Rs 505.45 at 01:23PM (IST) in Tuesday's trade. The stock has hit a high of Rs 518.85 and low of Rs 499.60 so far during the session. The stock had closed at Rs 518.15 in the previous session. The counter has had a total traded volume of 172882 shares so far with a value of Rs 8.80 crore on the NSE. It traded at a price-to-earnings multiple of 8.94 and a price-to-book ratio of 1.73.

Siemens Ltd. traded 0.97 per cent in Tuesday's session at 01:18PM (IST). The stock opened at Rs 6925.45 and has touched an intraday high and low of Rs 6996.95 and Rs 6820.00, respectively, during the session so far. The stock quoted a 52-week high of Rs 8129.95 and a 52-week low of 3299.75. About 4,266 shares changed hands on the counter so far.

GAIL (India) Ltd. traded 2.03 per cent up at Rs 192.10 at around 01:13PM (IST) on Tuesday. The stock had closed at Rs 196.10 in the previous session. Equity benchmark Sensex traded 317.23 points at 78465.01 around the same time.

Realme GT 7 Pro sports a 6.78-inch 1.5K 8T LTPO curved AMOLED display, boasting a peak brightness of 6,000 nits and a variable refresh rate of up to 120Hz. The phone supports HDR10+, Dolby Vision, a 2,600Hz instant touch sampling rate, a 120% DCI-P3 color gamut, and 2600Hz PWM dimming.Powered by the Snapdragon 8 Elite processor, the Realme GT 7 Pro offers up to 16GB of LPDDR5X RAM and up to 1TB of UFS 4.0 storage.

Subscribe to enjoy similar stories. The fast-moving consumer goods (FMCG) sector is caught in a double whammy of rising input costs and an urban demand slowdown. This is eroding growth in the sales and profits of major companies in the sector.

Subscribe to enjoy similar stories. Once a frontrunner in India’s industrial manufacturing space, this prominent seamless pipes manufacturer has seen its stock plummet over 40% from its peak, as recent challenges strain its market position. Despite the decline, the company’s robust presence across key sectors—such as oil and gas, agriculture, and chemicals—offers a foundation for potential recovery.

Shree Cements Ltd. traded 0.89 per cent at Rs 24643.90 at 11:56AM (IST) on Tuesday, even as BSE benchmark Sensex 443.28 points to 78338.96. The stock had closed at Rs 24867.30 in the previous session. The stock quoted a 52-week high price of Rs 30710.15 and 52-week low of Rs 23714.05, respectively. As per BSE data, total traded volume on the counter till 11:56AM (IST) stood at 108 shares with a turnover of Rs 0.27 crore.

Marico Ltd. 0.78 per cent to Rs 629.90 in Tuesday's trade as of 12:00PM (IST) even as the benchmark Nifty ruled at 23851.6, 143.75 points. The scrip had closed at Rs 634.90 in the previous session. The stock quoted a 52-week low of Rs 486.75 and a high of Rs 719.80. The company quoted a market-cap of Rs 81588.21 crore on the BSE.

HDFC Asset Management Company Ltd. 1.53 per cent to Rs 4217.55 at 12:17PM hours (IST) on Tuesday. 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 2,824 shares with a turnover of Rs 1.19 crore till 12:17PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 40.74, while the price-to-book value ratio stood at 11.32.

US Presidential elections 2024, and the voter's curiosity around both the candidates have been great in recent times, as they have attempted to know the most they can about the Presidential candidates before taking their call. According to the latest Google search trends, however, US-based searchers have had more of an affinity towards Donald Trump than Kamala Harris.

«We expect markets to remain subdued on the back of several global events, consistent FII selling and tepid earnings by domestic companies so far. This week will be crucial as lot of index heavy weight including will announce results and could lead to stock specific action,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal