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03.11 / 06:39
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Adani Power up 8% in two sessions on strong Q2 earnings
Shares of Adani Power jumped over 5% to the day's high of Rs 393 on the NSE on Friday sustaining a strong rally on the back of robust September quarter earnings announced on Thursday during market hours. While it is still early morning trade, the gains for Adani Power stock over the past two trading sessions is nearly 8% supported by significant volumes.
03.11 / 05:01
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Delhi-NCR air quality ‘severe’ to breathe as smog envelops region | Photos, videos
Marg station recorded severe air quality with an AQI of 451. The concentration of PM2.5 exceeded the safe limit of 60 micrograms per cubic metre by a 7 to 8 times across various locations which can trigger respiratory and health problems.
03.11 / 05:01
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Titan share price rises almost 2% ahead of Q2 results
BSE on Friday, November 3 ahead of the company's September quarter earnings. The company's board is to meet on Friday to consider and approve the unaudited financial results for the second quarter and half year ended September 30, 2023. Titan share price opened at ₹3,214 against the previous close of ₹3,201.30 and rose about 1.7 per cent to the level of ₹3,256 within the first 30 minutes of trade.
03.11 / 05:01
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Rupee falls 2 paise to 83.26 against US dollar in early trade
rupee ended at 83.24 against the US dollar. “Most traders are betting that the US FED is done with rate hikes and therefore we saw some reprieve in the rising dollar index," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
03.11 / 05:01
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Dabur India share price climbs over 1%; should you buy the stock after Q2 result?
Dabur India share price: Dabur share price rose over a per cent in early trade on NSE on Friday, November 3, extending its gains of the previous session after the FMCG company's Q2 earnings. Dabur share price rose 2.57 per cent to close at ₹530.40 in the previous session on Thursday after the company reported its September quarter earnings. On Friday, Dabur share price opened at ₹534.10 and soon rose 1.3 per cent to the level of ₹537.10 on the NSE.
03.11 / 05:01
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Should FD investors switch to floating rate savings bonds as they offer higher interest rates than SBI, ICICI, HDFC Bank
Bank of India (SBI), HDFC, ICICI, and others are not quite enticing. The RBI Floating Rate Savings Bonds 2020 (Taxable) is set to offer an interest rate of 8.05%, a significant increase from its current 7.35% rate. This bond's interest rate is linked to the National Savings Certificate (NSC), which recently saw an increase to 7.7%.
03.11 / 05:01
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ESAF Small Finance Bank IPO: GMP, subscription status, review, other details. Apply or not?
₹57 to ₹60 per equity share of face value of ₹10. ESAF Small Finance Bank lot size is 250 equity shares and in multiples of 250 equity shares thereafter.
03.11 / 05:01
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Shanthala FMCG Products IPO Listing: SME shares list with over 18% premium at ₹108 apiece on NSE SME
₹108 apiece on NSE, a premium of 18.68% to the issue price of ₹91 per share. Shanthala FMCG Products is an FMCG product distribution company. It distributes branded packaged foods, Personal care products, Education and stationery products, among other products to large FMCG companies.
03.11 / 05:01
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Tata Motors share price rallies over 4% after in-line Q2 results; brokerages remain bullish on stock
Tata Motors share price rallied over 4% in early trade on Friday after the company reported September quarter earnings in line with Street estimates. Tata Motors shares jumped as much as 4.49% to ₹665.45 apiece on the BSE. Auto major Tata Motors on Thursday reported a consolidated net profit of ₹3,783 crore for the second quarter of FY24, driven by robust performance by Jaguar Land Rover.
03.11 / 02:27
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6 things that changed for the stock market overnight - Gift Nifty, US weekly jobless claims to Apple Q4 results
US Federal Reserve is done with interest rate hike cycle. Upbeat corporate earnings also boosted sentiment. The domestic equity indices rallied on Thursday amid positive global cues after the US Fed maintained a pause on interest rates.
03.11 / 02:27
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National Pension System: How will the new NPS rule benefit subscribers and who benefits from the SLW option?
NPS subscribers are allowed to withdraw up to 60% of their pension corpus, through the SLW on a monthly, quarterly, half-yearly, or annual basis for a period till 75 years of age as per the choice at the time of their normal exit. The SLW facility is similar to the Systematic Withdrawal Plan (SWP) under Mutual Funds. With the SLW facility, NPS subscribers can withdraw the desired amount systematically at regular periodic intervals.
03.11 / 02:27
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Nifty 50, Sensex today: What to expect from stock market indices in trade on November 3
US Federal Reserve. The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 19,354 level as compared to the Nifty futures’ previous close of 19,249.
03.11 / 01:31
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Afghanistan vs Netherlands, ICC World Cup 2023 match today: When, where and how to watch; live-streaming details
World Cup 2023 match at Ekana Cricket Stadium, Lucknow. The Afghanistan vs Netherlands Lucknow ODI is a day-night match and will start at 2 p.m. It would be the 7th match of both the teams in the ICC ODI World Cup 2023.
03.11 / 01:01
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'World Food India 2023': PM Modi to inaugurate mega food event today. All you need to know
Narendra Modi will inaugurate the second edition of the Mega food event ‘World Food India 2023 ’ .The event will be inaugurated at 10 am in Bharat Mandapam at Pragati Maidan, New Delhi To strengthen Self Help Groups, the Prime Minister will disburse seed capital assistance for over one lakh SHG members. "This support will help SHGs gain better price realisation in the market through improved packaging and quality manufacturing," the Prime Minister's Office said in an official statement. Prime Minister will also inaugurate 'Food Street' as part of World Food India 2023.
03.11 / 01:01
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Buy or sell: Vaishali Parekh recommends buying these 3 stocks today - November 3
BSE Sensex ended at 64,080.90, up 489.57 points, or 0.77%, and Nifty 50 climbed 144.10 points or 0.76 per cent to 19,133.25, on Thursday's trade. The largest gainers among the Sensex companies were NTPC, Bharti Airtel, HCL Technologies, Axis Bank, Infosys, Sun Pharma, Infosys, and Tata Steel and Tata Motors.
02.11 / 15:43
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Maratha Quota Row: Activist Manoj Jarange Patil ends fast after assurance of 'fool proof reservation'
Manoj Jarange Patil on Thursday has reportedly agreed to end his indefinite fast after a delegation from Maharashtra government met with him. Maratha quota activist Manoj Jarange Patil ended his 9-day-old fast, and asked the government to resolve issue within two months.
02.11 / 13:40
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Breakout Stocks: How one should trade REC, PFC and Global Health on Friday
Sectorally, buying was seen in realty, telecom, metal, and public sector stocks. Stocks that were in focus include names like REC which was up nearly 7%, Power Finance Corporation which rose more than 6% and Global Health which closed with gains of nearly 2%. All stocks hit fresh all-time highs. We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Here's what analyst CA Bijay Kumar Sharma (SEBI RA, Regn No – INH000011282) had to say: REC REC stock has seen multiple breakouts.
02.11 / 13:27
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Uttarakhand govt signs MoUs worth more than ₹20,000 crore ahead of Global Investors Summit in Dehradun
₹20,000 crore were signed during a roadshow organized in Ahmedabad. The MoUs were signed with 50+ industrial groups in the presence of Uttarakhand Chief Minister Pushkar Singh Dhami and include sectors like health, logistics, education, hospitality, etc. The chief minister is holding back-to-back meetings with investors inviting them to the investors summit to be organized at the state's capital Dehradun.
02.11 / 13:27
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SAR Televenture IPO: Check latest GMP, subscription status on day 2, other key details
₹52 to ₹55. Investors can bid for a minimum of 2,000 shares and in multiples thereof.
02.11 / 13:27
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Bank of England keeps benchmark rates unchanged at 15-year high of 5.25%
BOE's forecasts was on the idea that if interest rates stay the same, inflation is expected to reach its target in early 2025. This would happen at least six months earlier than the estimate derived from market expectations of interest rate reductions starting in August. Governor Andrew Bailey agreed with his colleagues about the “restrictive" policy stance needed “for an extended period of time" to deal with the high rate of inflation in Britain.
02.11 / 13:27
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Mutual funds: Sebi makes offer documents simpler and exhaustive; details here
Securities and Exchange Board of India (Sebi) has released a circular with regards to simplification and streamlining of offer documents of mutual fund schemes. In order to enhance ease of preparation of the scheme information document by mutual funds and increase its readability for investors, the watchdog has undertaken an exercise to revamp the SID’s format. These are the changes set to be introduced in mutual fund schemes' Scheme Information Documents i.e., SIDs: 1.
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