*News Headlines from Business News Agencies :*
*Business Standard :*
📝 Mitsubishi Electric Group firm to invest Rs 400 cr in Karnataka plant
📝 M&M Q2FY25 results: PAT up 35% at Rs 3,171 crore on strong auto sales
📝 India should be part of RCEP, CPTPP: Niti Aayog CEO BVR Subrahmanyam
📝 Rajasthan sees boost in rabi crop sowing after favourable monsoon rains
📝 Asian tea producers eyeing 'untapped' African mkt for exports: ATA chairman
📝 ULI will be for lending what UPI is for payments: RBI Dy Guv at BFSI Summit
📝 Brookfield India REIT to raise up to Rs 3,500 cr via issue of unitholders
📝 Mercedes improved pollution management at plant: Maharashtra govt
📝 Most urban Indians aspire to own homes, prefer home loans: Report
📝 Swiggy confident of growth, emphasises strength in consumer insight
📝 Amazon to invest $1.3 bn in Italy data centre biz to boost cloud services
📝 Rural demand grew twice as fast as urban in July-September quarter: NielsenIQ
*Economic Times :*
📝 Tata Power, Noida International Airport sign Rs 550 crore deal for renewable energy
📝 Nippon Steel says expects to close US Steel takeover by end of 2024
📝 India's goods, services exports to cross USD 800 bn this fiscal: Sakthivel
📝 Singapore's Changi Airport to invest $2.3 bn to improve services
📝 Kochi Biennale Foundation names Thomas Varghese new CEO
📝 Trent Ltd deepens, expands store footprint during Q2; now in 184 cities
📝 Rupee hits record low on equity outflows, strong dollar outlook
📝 Tata's Croma names Shibashish Roy as chief executive officer
📝 EaseMyTrip partners with Hyperface to boost card management, customer experience
📝 High-street dominates retail leasing with 68% share in Q32024
📝 Profectus Capital secures $25 million investment from IFC to accelerate India’s climate goals
📝 Visa appoints Rishi Chhabra as country manager for India
*Mint :*
📝 Trent Q2 Results: Profit grows 47% YoY to ₹355 crore, revenue rises 39%
📝 Japanese carmaker Nissan cuts 9,000 jobs, reduces sales forecast for this fiscal
📝 Public sector banks outperform private banks by net profits in Q2
📝 Supreme Court orders liquidation of Jet Airways, overturns NCLAT ruling
📝 Samsung to roll out personalised AI features in Galaxy devices
📝 ISB Executive Education and Emeritus Launch Product Management Programmes
📝 Solar Energy Corp bars Reliance Power for 3 years over fake tender document
📝 Amazon, Flipkart sellers raided by ED across India in money laundering probe
📝 ICICI Lombard buys stake worth ₹563 crore in ITC and Axis Bank
📝 Kotak PE to tap domestic investors for new lifesciences fund
📝 PhysicsWallah's FY24 revenue nearly triples; losses zoom on higher expenses.
POSITIONAL EQUITY CALL UPDATE : BOOK PROFITS IN SWAN ENERGY AT 548 RECO LONGS GIVEN AT 501 ( CALL GIVEN 7 NOV 2024 )
Читать полностью…2ND DAY OF IPO Swiggy IPO Details : Issue Date : 6 NOV-2024 to 8 NOV-2024 Offer Price : 371-390 per equity share. Lot Size : 38 shares
ACME Solar Holdings IPO Details : Issue Date : 6 NOV-2024 to 8 NOV-2024 Offer Price : 275-289 per equity share. Lot Size : 51 shares
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY PUT OPT 52100 11NOV SER AT 563 RECO LONGS GIVEN AT 485
Читать полностью…🇺🇸 Markets welcome President Trump!
🎺 Dow records best day since 2022, last jumped more than 1,000 points in a single day was in November 2022
US markets on Wednesday
#DowJones +3.6%
#Nasdaq +2.95%
S&P500 +2.53%
Broader Markets Outperform
🚀Russell 2000 +5.84%, hit a 52-week high
Reason: Small companies which are more domestic-oriented and cyclical could enjoy outsized benefits from Trump’s tax cuts and protectionist policies
Investments seen as beneficiaries under a Trump presidency erupted in trade
Tesla +14% 🚘 CEO Elon Musk is a prominent backer of Trump
Banks rallied
🏦 JPMorgan Chase +11.5%
🏦 Wells Fargo +13%
🔥 Trump Media & Technology Group +5.9%
Other Asset Classes
🇺🇸 10 year yield surges to 4.43%
💲 Dollar Index at 105.2, at four-month high
⛽️ Brent Crude at 74.9$/barrel
💸 Bitcoin at 75300$, Trump victory heralds wider crypto adoption and weaker regulation
🪙 Gold slips to 2660$/ounce, silver slips 4% to 31.2$/ounce
Key to track on Thursday is Federal Reserve’s interest rate decision & Chair Jerome Powell’s subsequent press conference 👀
Things to know before trade 📰
📈 S&P 500 clocks in fresh record highs overnight , Dow ends flat
📉 US fed lowers interest rates by 25 bps , in line with expectations
📉 large selling from foreign investors continues in India
📉FIIs sold 4889cr in cash yesterday
➡️ SBI, Tata motors , Ashok Leyland to report earnings today
➡️ Indian hotels, Lupin report strong earnings
INTRADAY CALL UPDATE : EXIT POSITIONS IN NIFTY PUT OPT 24250 07NOV SERIES AT-50 RECO LONGS GIVEN AT 44
Читать полностью…Niva Bupa IPO Details : Issue Date : 7 NOV-2024 to 11 NOV-2024 Offer Price : 70-74 per equity share. Lot Size : 200 shares
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY PUT OPT 24400 07NOV SER AT 222 RECO LONGS GIVEN AT 111
Читать полностью…Things you need to know 📰
📈 massive post election rally in the US overnight
📈Dow jones at new record high
📈 all eyes now on US Fed meet on Thursday
📈fed rate cut likely which could further boost sentiment
📉 large FII selling continues
📉 FIIs sold 4445cr in cash yest
📈 DIIs bought 4889cr yest