*News Headlines from Business News Agencies:*
*Business Standard*
📝 CRGO steel shortage could impact India's power sector expansion plans: GTRI
📝 PetroChina set to shut top north China's largest domestic refinery in 2025
📝 Sun Pharma Q2FY25 results: Net profit rises 28% to Rs 3,040 crore
📝 Govt report maintains economic growth forecast but flags global risks
📝 PNB Q2 results: PAT jumps to Rs 4,306 cr, total income at Rs 34,447 cr
📝 CCPA questions Ola Electric's 99% resolution rate for 10,000 complaints
📝 Demand conditions in economy need close watch, says FinMin report
📝 Greenhouse gas emissions increases to new record in 2023: WMO report
📝 Quick commerce race tightens as Tata set to enter market with Neu Flash
📝 India, Saudi to discuss ways to boost cooperation in energy, digital infra
📝 Philips cuts annual sales outlook as China demand deteriorates further
📝 India remains highly dependent on imports of critical minerals, says report
*Economic Times*
📝 NBCC to take up Rs 10,000 crore redevelopment project in Goa
📝 Realty firms raise nearly Rs 13,000 cr via QIP during Jan-Sep: Anarock
📝 EAM promises support for shrinking gem and jewellery exports
📝 Abhishek Lodha pledges $2.5 billion to philanthropy, to transfer 1/5th Macrotech stake
📝 Bharti Airtel names Shashwat Sharma MD, CEO
📝 Suzlon Vice Chairman Girish Tanti appointed as IWTMA Chairman
📝 BHEL Q2 Results: Co swings to black, posts Rs 106 crore PAT vs loss year-ago
📝 Air India gets DGCA nod to modify aircraft interiors in-house
📝 FMCGs show chic cities of India are losing out to Bharat: Economic Survey
📝 Mayoral polls to be held during MCD House meeting next month: Oberoi
📝 NCIL developing indigenous dialysis machine in collaboration with NIT Silchar
📝 Cyient acquires 27.3% in US based Indian startup Azimuth AI
*Mint*
📝 Delta sues CrowdStrike after widespread software software glitch
📝 PNB Q2 Results: Net profit jumps 145% to ₹4,303 crore; NII up 6% YoY
📝 India’s reforms after pandemic attracting global firms: Deutsche's David Lynne
📝 Tata Trusts aims to streamline operations by reducing management layers: Report
📝 NTPC Green Energy gets SEBI nod for ₹10,000 crore IPO
📝 India's economic growth on track; job creation remains a concern, say economists
📝 LIC Housing Finance Q2: Profit rises 11% YoY to ₹1,328 crore
📝 Volkswagen layoffs: German carmaker to cut thousands of jobs, shut three plants
📝 ONDC jumps on quick commerce bandwagon with new pilot project
📝 Census of India to begin in 2025: Lok Sabha seat delimitation by 2028: Report
📝 Netherlands’ SHV appoints BNP Paribas to sell SunSource’ assets in $100 mn deal
The Diwali 🪔 Muhurat trading session this year will be held on Friday, November 1, 2024, from 6:00 PM to 7:00 PM.
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN GRASIM IND AT 2643 RECO LONGS GIVEN AT 2619
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 24200 31OCT SERIES AT- 240* RECO LONGS GIVEN AT 185
Читать полностью…Waaree Energies Listed Price : 2500.00 ISSUE PRICE : 1503.00 :
LISTING PREMIUM OF 66.33%
Stocks on the radar today 📰
📈Good earnings from ICICI bank, brokerages raise price targets
📈Waaree energies to list today , expect strong listing
📉IDFC first bank reports a 74% drop in Net profits to 201 crore
📈Very strong earnings from CDSL , revenue up 55% YoY , profit up 49% YoY, 1.18 crore new demat accounts were added
📈Nuvama wealth good numbers : Revenue Growth 43%YoY & 10.7% QoQ, Ebitda Margins: 54% in Q2FY25
Global-Market Insights 1/n
Global cues are not good today for below reasons
-The dollar's strength and rising bond yields are exerting pressure on the stock market
-US 10Y bond yield at 4 months high at 4.244% while Fed has reduced overnight rates
-This is the reason why technology was defeated today in sensitive sectors
-The majority of tech stocks dropped, although Tesla reported positive earnings post market hour
-New house sales are declining, and fewer mortgage applications are being submitted
=====
Global-Market Insights 2/n
-Dow -410, S&P500 -54, Nasdaq -297
-Brent oil $75.20
-US 10Y bond yield at 4.244%
-Dollar Index 104.39
-Gold at $2729
===
Global-Market Insights 3/3
- Fed's Beige Book report provided no major surprises
-It showed that US economic activity was little changed from September through early October and firms saw a slight uptick in hiring
-That reinforced expectations the Fed will opt for a smaller 25 bp cut in two weeks
SWIGGY Limited RHP Filed on 28 October, 2024
Issue Dates : 06 NOVEMBER - 08 NOVEMBER
Issue Size: 4,499 Crore ₹ Fresh + 17,50,87,863 Shares
Price Band : ₹ To Be Announced (Expected : 371 - 390) Retail Quota : 10%
INTRADAY CALL UPDATE : CLOSE POSITIONS IN BERGERPAINT AT 543 RECO LONGS GIVEN AT 544
Читать полностью…POSITIONAL EQUITY CALL UPDATE : BOOK PROFITS IN NAZARA TECH AT 909 RECO LONGS GIVEN AT 868 CALL GIVEN ON 25 OCT
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY CALL OPT 51200 30OCT SERIES AT- 541 RECO LONGS GIVEN AT 425
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NETWEB TECH AT 2561 RECO LONGS GIVEN AT 2530
Читать полностью…Reliance Industries Ltd (RIL) will turn ex-date for bonus issue in the ratio of 1:1 on Monday. Today is also the record date for the same.
Читать полностью…*News Headlines from Business News Agencies:*
*Business Standard*
📝 LIC eyes entry into bond forward rate agreement market by end of FY25
📝 SBI Life will be least affected by new surrender value norms: MD & CEO
📝 Proper infra, workforce key challenges for logistics industry: Experts
📝 Sebi issues notice to Axis Bank about stake buy in Max Life Insurance
📝 SBI, Exim Bank helping Africa's businesses by filling trade financing gap
📝 DLF expects Rs 26,000 cr from super luxury project in Gurugram, says MD
📝 Godawari Power and Ispat Q2 results: Net profit falls 38% to Rs 159 cr
📝 Sebi to auction 7 properties worth Rs 15.47 cr of Bishal Group on Dec 10
📝 ESIC enrols 2.07 mn new members in Aug, net additions rise by 6.8%
📝 Isro to launch electric propelled satellite in Dec: Chairman Somanath
📝 FAR securities receive 60,000 crore inflows since JP Morgan inclusion
📝 Govt to give boost to panchayat infrastructure, border areas in focus
📝 Fairfax not to cut CSB Bank stake in five years: MD & CEO Pralay Mondal
📝 Moody's raises Vedanta Resources rating driven by efforts to access funding
*Economic Times*
📝 India's oil demand may revive amid festivals and elections, shows S&P Global Commodity Insights
📝 Inflation trajectory expected to moderate from Q4: RBI guv
📝 Yes Bank beats forecast with Rs 553-cr Q2 profit
📝 Deutsche Bahn sources loco pilots from India for its global projects
📝 DLF says on track to meet FY25 guidance despite a drop in Q2 bookings
📝 Credit growth for banks to moderate to 12 percent in FY25: Icra
📝 Honda to replace faulty fuel pumps in 90,468 old units of select models in India
📝 IRDAI tightens fraud rules post hacking incidents
📝 Solex Energy, SBI partner to provide finance for solar projects
📝 Qualcomm says device ecosystem pretty good to support services in 600-Mhz spectrum band
📝 Oil ministry seeks to reform itself to address future energy challenges
📝 SIDBI boosts indigenous brass and bell metal industry in Assam
📝 Abhay HealthTech acquires MNP Healthcare to expand footprint in OTC segment
*Mint*
📝 India's real GDP to grow at 7.2% in FY25 on investment, consumption boost: FM
📝 ICICI Bank Q2 results: Net profit rises 14.47% to ₹11,745.88 crore
📝 Retail investors' mutual fund assets spiked nearly 50% in past one year
📝 India Inc caught between reinvesting and giving dividends to investors
📝 Online transactions likely to be affected by TRAI new guidelines from November 1
📝 Oil gains 4% over Middle East conflict ahead of US elections; Brent at $76
📝 IDFC First Bank Q2 Results: Net profit drops 73% to ₹200 crore, NII up 21% YoY
📝 Qatar's Nebras deal with Aditya Birla Group's green arm on hold
📝 CBDT extends ITR filing deadline for corporates to November 15
📝 Healthify raises $20 million to fuel US expansion
📝 IPO-bound Swiggy sets valuation target at $11.3 bn; Issue to open post Nov 6
📝 India ramps up defence aircraft production with Airbus factory launch in Gujarat
Today's Headlines :
*Economic Times*
📝 Tariff hikes lead to fall in users in August for top telcos
📝 Crorepati taxpayers club gets bigger, rises 5X to 2.2 lakh in AY24
📝 Formal jobs slip in August; EPF additions down 15%
📝 India and Germany sign legal aid, 7 other pacts
📝 Societe Generale sells 0.5% stake in IndusInd Bank for Rs 421 crore
📝 UTI AMC Q2 Results: Net profit jumps 31% YoY to Rs 239 crore
📝 Cholamandalam Investment Q2 Results: Cons PAT at Rs 968 crore vs Rs 773 crore a year ago
📝 L&T bags 'significant' order for global nuclear fusion project
📝 Healthify raises $20 million in round led by Khosla Ventures, LeapFrog Investments
📝 Startups raise $184.8 million this week, up 47.8% YoY
*Business Standard*
📝 Coal India Q2FY25 results: Net profit declines 22% to Rs 6,275 crore
📝 Bandhan Bank Q2 results: Net profit increases 30% to Rs 937 crore
📝 Bids for KSK Mahanadi Power skyrocket post Adani Group's Rs 12,500 cr offer
📝 Moody's raises Vedanta Resources rating driven by efforts to access funding
📝 WazirX reports 40% assets dip in reserves after July security breach
📝 360 One Wam launches 22.2 million new shares worth Rs 2,250 crore via QIP
📝 Indian Bank raises Rs 5,000 crore through long-term infrastructure bonds
📝 IndiGo reports net loss of Rs 987 crore in Q2FY25 due to high fuel costs
📝 Swiggy unveils 'International Logins' for NRIs from 27 countries
📝 Income disparity declines 74.2% among those earning up to Rs 5 lakh: Study
📝 Centre doubles Mudra loan ceiling to Rs 20 lakh under new category
📝 Germany raises visa quota for skilled Indians by 4.5 times to 90K
📝 India saw steepest surge in greenhouse emission in 2023, says report
📝 FAR securities receive 60,000 crore inflows since JP Morgan inclusion
📝 MF investor count crosses 50 million after 10 million additions in a year
*Financial Express*
📝 Angel One settles multiple violations with SEBI for Rs 57.46 crore
📝 Bank of Baroda net profit rises 23% to Rs 5,238 crore in Q2
📝 No FTA if EU insists to include dairy sector: Goyal
📝 Industry 5.0 to up revenues of manufacturing firms by over 6% in 2 years: Study
📝 NTPC plans to award 13.6 GW of thermal capacity by FY27
*Mint*
📝 European Investment Bank commits €300 mn for Bengaluru suburban railway project
📝 Cyclone Dana effect: 1 dead; IMD says heavy rains to continue over Bengal
📝 India, China begin troops disengagement on friction points, pull back equipment
📝 CCI weighs probe against quick commerce firms
📝 Nvidia dethrones Apple to become world's most valuable company
📝 Russian central bank hikes key interest rate to record 21%
📝 Coal India Q2 Results: Net profit declines 21% to ₹6,289 cr, dividend declared
📝 Synnefo partners with Aprecomm to deliver an AI-powered customer experience
📝 Bank of Baroda Q2 result: Profit jumps 23%; NII grows 7.3% YoY to ₹11,622 crore.
*News Headlines from Business News Agencies :*
*Business Standard :*
📝 Cabinet approves 2 railway projects worth Rs 6,798 cr in Bihar and Andhra
📝 Tata Power, Keppel team up for sustainable cooling solutions in India
📝 COAI urges licence fee cut, says telcos face double burden of AGR payments
📝 Hindalco industries joins International Copper Association as new member
📝 2024 was our best ever year in terms of business performance: Acer CBO
📝 Ola Electric launches Digital Twin platform powered by Nvidia Omniverse
📝 India Inc Q2FY25 revenue growth seen at 5-7%, slowest in 4 yrs: CRISIL
📝 Ashok Leyland subsidiary bags order for 500 electric buses from Chennai MTC
📝 Hermes reports 11.3% growth in Q3 sales, outshining luxury rivals
📝 Nvidia launches Hindi-language AI model in India as CEO Huang visits
📝 Unilever to revamp Indonesia operations amid revenue drop, boycotts
📝 Oyo Q2 results: Net profit at Rs 158 cr, revenue surges to Rs 1,578 cr
*Economic Times :*
📝 Govt aims to develop 50 more airports in 5 years: Aviation minister K Rammohan Naidu
📝 India approves $119 million fund for space startups
📝 Godrej Consumer Q2 Results: Net profit rises 13% to Rs 491 crore
📝 United Breweries cheers to new beginnings; to debut premium Dutch beer Amstel in India
📝 NCLT directs initiation of insolvency proceedings against Spaze Towers
📝 Indian BPM companies must rethink approach to talent, prioritise right skills: Report
📝 Strong technology focus to dominate India-German Inter Governmental Commission
📝 Defence ministry signs contract with firm to procure 6 Air Cushion Vehicles
📝 Taiwan's TSMC stops shipments to client after chips sent to Huawei
📝 Schneider Electric to provide energy management solutions for Noida Aiprort
📝 Hyderabad registers over 59,000 home sales in first 9 months of 2024; marking 13% year-on-year growth
*Mint :*
📝 India's oil demand may rise nearly 4% in December quarter: S&P Global
📝 India’s business growth picks up in October: HSBC Flash PMI
📝 Retail investors' mutual fund assets spiked nearly 50% in the past 1 year
📝 LinkedIn fined €310 million by EU regulators for data privacy violations
📝 EIB working with state companies to fund green hydrogen projects
📝 IPO-bound Swiggy slashes valuation target by 10-16% to $12.5-$13.5 billion
📝 Telecom firms ask govt to do away with fees on AGR
📝 Apple set to launch updated MacBook Air with M4 chips in early 2025: Report
📝 IndusInd Bank Q2 result: PAT falls 40% YoY; NIM moderates
📝 Perplexity CEO Aravind Srinivas proposes revenue deals for publishers
📝 Govt doesn’t want inland waterway terminals to rival major ports for business