-
Get the latest news and updates for markets in one place from wealthy broking
*News Headlines from Business News Agencies :*
*Business Standard :*
📝 SBI plans to enhance limit under instant loan scheme for MSME sector
📝 LIC reduces entry age on new endowment plan to 50 years from 55 years
📝 Nippon Steel to sell Calvert JV to ArcelorMittal if US Steel deal completed
📝 JPMorgan Chase profit falls on loan loss provisions in September quarter
📝 Wells Fargo's profit falls on lower interest income in September quarter
📝 BlackRock's AUM hit record $11.5 trillion on market rally, ETF boost
📝 Noel Tata elected chairman of Tata Trusts after Ratan Tata's passing
📝 Amazon Business reports over 134% growth on Corporate Gifting Store
📝 Indian tech sector saw deals worth $635 mn in Sep quarter: Grant Thorton
📝 Gopal Rai approves 100 schemes worth Rs 93 cr for development of villages
📝 Indian hostel chains aim for global expansion amid rise of digital nomadism
📝 Funds raised by NBFCs through domestic bonds top Rs 3.2 trn in H1 FY25
📝 E-commerce sales hit $6.5 billion in a week, up 26% during festive season
📝 Indian Overseas Bank opens retail loan processing centres across cities
*Economic Times :*
📝 Govt imposes import curbs on parts of pocket lighters; to reduce dependence on China
📝 Macrotech Developers net debt rises 14% in Sep quarter to Rs 4,920 cr due to biz expansion
📝 Profitability of small finance banks expected to decline in FY25: Crisil
📝 DoT provisionally allocates satellite spectrum to eligible players
📝 60% of Indian unicorn founders achieved $1-billion valuation in maiden attempt: report
📝 India's industrial production contracts 0.1 per cent in August 2024
📝 Sudarshan Chemical Industries acquires Germany-based world’s second biggest pigment company Heubach Group
📝 India’s forex reserves dip $3.7 bn to come off all-time record high
📝 PwC India collaborates with Meta to expand open-source AI solutions
📝 Hyundai IPO aimed to further Indianise operations: Company official
📝 New biz premium of life insurers grows 14% to Rs 35,020 crore in September
📝 Wegovy maker Novo Nordisk bets big on talent, AI partnerships in India
📝 Sectoral and thematic mutual funds have added 11.60 lakh folios in September
*Mint :*
📝 DMart Q2 Results: Avenue Supermarts net profit rises 5.77% to ₹659.58 crore
📝 India, Australia set to expand trade pact, focus on e-commerce
📝 Oberoi Realty Board approves plan to raise ₹6,000 crore
📝 Tighter US trade policies could reshape APAC economies, benefit India: Moody's
📝 Reliance Jio lobbies against TRAI's allocation method amid Elon Musk face-off
📝 Gujarat promises seamless grid connectivity to green energy firms
📝 Expect limited revenue surprises in Q2 amid stable growth, says Macquarie
📝 Hyundai, Kia set to surpass 100,000 EV sales by October end in 2024
📝 Star Health receives $68,000 ransom demand after customer data leak
📝 Godrej Properties plans to build ₹9,650 crore worth of housing projects
📝 $5 billion road, rail link between India and Sri Lanka in closing stages
Q2 Earnings Date
10th Oct: GM Breweries
10th Oct: AnandRathi
10th Oct: IREDA
10th Oct: Tata Elxsi
10th Oct: TCS
14th Oct: Angel One
14th Oct: Gopal Snacks
14th Oct: HCL Tech
15th Oct: HDFC AMC
15th Oct: HCFC Life
16th Oct: Bajaj Auto
16th Oct: CRISIL
16th Oct: LTTS
16th Oct: Mphasis
17th Oct: Nestle
17th Oct: Infosys
17th Oct: Wipro
18th Oct: ICICI General
19th Oct: HDFC Bank
19th Oct: Tech Mahindra
21st Oct: Ultratech
22nd Oct: Coforge
22nd Oct: ICICI Pru
22nd Oct: Persistent
22nd Oct: Zensar
23rd Oct: KPIT Tech
23rd Oct: Navin Fluorine
23rd Oct: Pidilite
24th Oct: Cyient
24th Oct: Max India
24th Oct: NAM India
24th Oct: UBL
25th Oct: Atul
25th Oct: Novartis
25th Oct: Poonawala Fincorp
26th Oct: ICICI Bank
26th Oct: JK Cement
26th Oct: IDFC First Bank
28th Oct: CAMS
28th Oct: Gillette
29th Oct: Cipla
29th Oct: Dabur
29th Oct: Honeywell
TCS:
Profits and margins below estimates
CITI on TCS : Weak Q2 , EPS downgrades likely
Maintain SELL , continue to prefer Infosys over TCS
Management says demand environment still cautious Discretionary spending still subdued
North america declined 1.7% in a seasonally strong quarter
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Power demand may reach 270 GW next year, 446 GW by 2035: CEA Chairperson
📝 Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption
📝 IRB Infrastructure to raise debt of up to $200 million via bond issue
📝 JSW Infra receives LoI to develop port project worth over Rs 4,000 cr
📝 Hinduja Leyland Finance receives 'AA+/Stable' rating boost from CRISIL
📝 India bond yields drop on FTSE Russell index inclusion, RBI stance shift
📝 CBAM unilateral and arbitrary, will hurt Indian industry: FM Sitharaman
📝 Expert panel recommends banning 16 more FDCs over safety concerns: Report
📝 India's pharma exports expected to remain strong amid global slowdown
📝 ValueQuest India Moat acquires 1.17% stake in MSTC
📝 RBI misses chance to up housing demand by keeping repo rate steady: Credai
📝 Tata Electronics names Bobby Mitra as CIO, president for AI transformation
*Economic Times*
📝 Arvind Smart Spaces enters into a JDA for a high-rise project in Bengaluru
📝 Fortis Healthcare board approves raising of up to Rs 1,500 cr via NCDs
📝 Welspun Enterprises gets Rs 1,989 cr design and build contract in Mumbai
📝 Isro's commercial arm NSIL onboards Pushpak for faster, cheaper satellite placement
📝 Hyundai India announces to invest Rs 32,000 crore in India over next 10 years
📝 WeWork India lease over 60k sqft office space in Bengaluru
📝 Akasa Air partners with Rolls-Royce for engine leasing deal
📝 BigBasket reports 6% increase in FY24 consolidated operating revenue at Rs 10,062 crore
📝 RBI enhances transaction limits on UPI123 & UPILite
📝 India needs to impose tariffs on steel imports, SAIL's chairman says
📝 Customs authority imposes Rs 92.04 cr penalty, Rs 10 cr fine on Vedanta
📝 Cabinet approves development of National Maritime Heritage Complex in Lothal, Gujarat
*Mint*
📝 RBI keeps repo rate unchanged at 6.5%, changes stance to ‘neutral’
📝 NCLT approves delisting of ICICI Securities, dismisses plea raising objection
📝 Cabinet clears extension of fortified rice scheme until 2028 to combat anaemia
📝 India gears up for national green steel mission as demand surges
📝 CCI order in Google vs news publishers ‘in weeks’, to bring regulatory clarity
📝 Air India Express shoring up capacity with airframes from Air India
📝 FPIs pull out ₹55,700 crore from Indian equities in 7 days, DIIs absorb impact
📝 Standard Chartered India and South Asia CEO Zarin Daruwala to retire on April 1
📝 China finance ministry calls press briefing, firing up stimulus hopes
📝 Warner Bros. Discovery to ramp up content production in India
📝 Byju's transferred funds in violation of bankruptcy rules via shell company
MARKET CUES FOR TODAY
- Market Sells Off from highs post RBI Policy
- FIIs add further shorts in F&O
- Strong Rally on Wall St overnight
- Nifty Weekly Expiry Today
Wall St Overnight
Dow +1%
S&P 500 +0.7%
Nasdaq +0.6%
FOMC minutes suggest split verdict on 50 bps rate cut
All eyes on Sep Consumer Price Inflation due today
From Highs Yesterday
Nifty -250 Pts
Nifty Bank -700 Pts
Cash Market Flows
FII -4563 Cr
DII +3509 Cr
FIIs sold 3653 Cr in Index Futures
FIIs unwound 30500 longs, added 23250 shorts
FII Index Futures Long Exposure drops to 38%
Client Index Long Exposure up at 61%
Nifty Weekly Expiry Today
MARKET ALERT : BANKNIFTY EXPIRY TODAY AS WLL AS RBI MONETARY POLICY @10 AM
Читать полностью…
Things to watch today 📰
👉Global markets stabilise overnight
👉Dow Jones ends with gains
👉Dow jones up 126 points, S&P 500 up 55 points , Nasdaq up 1.4%
👉US Earnings season kicks off on Friday with the big banks JPMorgan Chase and Wells Fargo
👉Nifty closed above 25000 yesterday
👉RBI monetary policy today, no rate move expected
👉Foreign investors sold 5729cr in cash markets yesterday
👉domestic investors bought 7000cr in cash yesterday
👉Indian earnings season begins tomorrow with TCS on 10th October and Reliance on 14th October
SEBI Approves NSDL IPO
The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) of National Securities Depository Limited (NSDL).
IPO Details
- Pure offer for sale (OFS) of 57.3 million shares by NSDL's six shareholders:
- IDBI Bank: 22.2 million shares
- NSE: 18 million shares
- Union Bank of India: 5.62 million shares
- State Bank of India: 4 million shares
- Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI): 3.4 million shares
- HDFC Bank: 2% stake (currently holds 8.95% stake)
Impact on HDFC Bank Shares
- HDFC Bank shares rose over 1% to Rs 1,636.6 per share on the NSE
Market Implications
- NSDL will become the second depository services company to be listed on domestic bourses, after Central Depository Services Limited (CDSL)
- CDSL's stock price fell over 1% to Rs 1,355 per share
Conclusion
The approval of the NSDL IPO by SEBI is a significant development in the Indian capital market. The IPO is expected to have a positive impact on the shareholders of NSDL, including HDFC Bank. However, the market implications of this development are yet to be fully observed.
*News Headlines from Business News Agencies :*
*Business Standard :*
📝 India, UAE to set up food corridor at $2 bn investment: Piyush Goyal
📝 German property market grows but industry cautious on slow economic rebound
📝 India to award leases to top up strategic oil reserves amid Gulf tensions
📝 Honda overtakes Hero MotoCorp in 2W retail sales ahead of festive season
📝 Tier-IV cities boost Meesho's festive sale; total orders increase 40%
📝 Oil giant Chevron sells assets worth $6.5 bn to Canadian Natural Resources
📝 Foundation stone laid of Rs 732 cr coal handling projects in Jharkhand
📝 Yulu turns Ebitda positive, aims to deploy 100K electric vehicles by 2025
📝 Computers, electronics industry leads post-pandemic job growth: ASI data
📝 Hero Motors withdraws DRHP documents for raising Rs 900 crore through IPO
📝 India's reservoir levels rise from last year, northern region lags: CWC
📝 India reduces local remedies exhaustion period to 3 years for UAE investors
*Economic Times :*
📝 Ashok Leyland commences delivery of electric trucks to Billion Electric Mobility
📝 Reliance's Tira launches global luxury skincare brand Augustinus Bader in India
📝 IFC extends $500 million loan to Axis Bank to fund green projects in India
📝 Jio pushes Trai to revise satcom paper on pricing, include level playing field
📝 Garmin, Apollo Hospitals join hands for health monitoring & wellness
📝 SAIL-BHP to jointly forge steel decarbonisation plan
📝 Road safety startup Nayan Tech raises $2 million
📝 Suraksha Diagnostic gets Sebi's go ahead to float IPO
📝 Shakti Pumps board announces 5:1 bonus share issue
📝 Airbus to source more components from India, says CEO
📝 Consumer durables sector can create 500,000 new jobs in India by 2030: Report
📝 Commerce department proposes solutions for exporters' credit crisis
*Mint :*
📝 Hitachi Energy plans to invest ₹2,000 crore in India's power sector
📝 HDFC Bank approves stake sale of HDFC Education for ₹192 crore
📝 Agritech startup DeHaat in talks to raise $100 million to buy a seed firm
📝 Amazon merges MX Player with miniTV to expand ad-supported streaming
📝 Drugmakers to face action for submitting wrong and misleading info, DCGI
📝 DGCA issues advisory on 'potential risk' in Boeing 737 rudder control system
📝 India buys 9% fewer vehicles in Sept, FADA urges OEMs to tackle record high car inventory
📝 Pfizer faces pressure as Starboard Value takes $1 billion stake
📝 Quick Heal eyes small firms, individuals with its AI-powered anti-fraud tool
📝 MakeMyTrip to renew focus on experiences, activities in its tour packages
📝 Consumer goods companies turn defensive on acquisitions to maintain market share
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Private sector capex likely to improve among rising biz confidence: CII
📝 Canara Bank invites EoIs for counter bids on exposure to 3 NSL companies
📝 Tata Digital's financial services bet pays off as credit cards top 1.5 mn
📝 In a first, India's foreign exchange reserves surge past $700 billion
📝 Samsung strike talks hit CITU roadblock; firm willing to accept key demands
📝 Sebi gives in-principle nod to Jio Fin-BlackRock for mutual fund entry
📝 For Rado, India could remain number one market: Global CEO Adrian Bosshard
📝 Banks' group entities cannot be used to circumvent guidelines: RBI
📝 Demand slowdown pulls down services PMI to 10-month low in September
📝 Affordable housing supply in India's top 6 cities slows to a trickle
📝 Dev Accelerator plans Rs 125 cr IPO amid high demand for office spaces
📝 Solar power companies growing fast in Africa, where 600 mn without power
📝 NAREDCO signs MoU with FSAI to improve safety standards in realty projects
📝 Hong Kong surpasses India in market cap as Chinese equities rebound
*Economic Times*
📝 Need clear laws, standard operating procedures to protect workers, manufacturers' interests: GTRI
📝 Exicom acquires US EV charging company Tritium for Rs 310 cr
📝 Paytm focusing on consumer payments business: CEO
📝 Haldiram's Stake Sale: Temasek in talks for over $1 bn stake in India’s biggest snack maker
📝 Vodafone Idea deploys 4G network on underground Mumbai Metro Line 3
📝 Adani Wilmar sees 10% total volume growth in Q2; Food & FMCG segment grows 31%
📝 Apple to open four more flagship stores in India, starts making all iPhone models here
📝 Green GST tax may help buyers shift towards greener cars, says Vikram Pawah, president of BMW Group India
📝 Meja Urja Nigam pays first dividend of Rs 102 cr to NTPC, UPRVUNL
📝 DroneAcharya to foray into US, European markets; eyes $50 mn revenue
📝 Karnataka HC grants interim stay on CCI proceedings against Flipkart, Amazon
📝 Suzuki Motorcycle sept sales rise 1 percent to 99,185 units
📝 SC dismisses plea against order allowing states to levy tax on minerals
*Mint*
📝 L&T Precision Engineering eyes supply chain role for the next US space station
📝 Govt plans crackdown to ensure fair pricing in besan market
📝 Gail, AM Green forge 350 KTPA e-methanol deal to drive clean energy growth
📝 SBI classifies MTNL loan a/c as sub-standard NPA, threatens legal action
📝 SpiceJet clears four-month pending salary of employees, 10-month PF deposited
📝 Titan Q2 update: Tata Group firm posts 25% YoY growth in business
📝 Power Finance Corp. raises $1.27 bn loan to fuel its green energy transition
📝 Centrum predicts 7-8% QoQ ARPU rise for telecom cos in Q2FY25
📝 Amazon to cut 14,000 manager roles by early 2025: Report
📝 JioCinema appoints YouTube’s Ishan Chatterjee as chief business officer
📝 HDFC Bank Q2 Update: Advances rise 7% to ₹25.2 lakh crore, deposits up 15% YoY
📝 India's digital economy to surpass $1 trillion by 2028: Report
📝 Govt to soon open bids for remaining PLI sops for battery manufacturing
Securities in Ban For Trade Date 07-OCT-2024:
1 BANDHANBNK
2 BSOFT
3 GNFC
4 GRANULES
5 HINDCOPPER
6 MANAPPURAM
7 RBLBANK
Today's Headline :
*Economic Times*
📝 Sri Lanka reaches debt-restructuring agreement
📝 Foxconn beats estimates with record Q3 revenue on AI demand
📝 China home sales rise after string of stimulus measures
📝 Dev Accelerator plans Rs 125 cr IPO amid high demand for flexible office spaces
📝 Piramal Finance raises $150 million from international market
📝 RBI Deputy Governor Rajeshwar Rao gets one-year extension
📝 REC disburses Rs 90,955 cr as loan in April-June
📝 ICMR to study efficacy of Metformin, Inositol in PCOS treatment
📝 Centre to finance 65 pc of Chennai Metro Phase 2 project: FinMin
📝 Domestic road logistics industry revenues likely to grow up to 9 pc in FY25: Icra
*Business Standard*
📝 India to further strengthen fintech support to Bhutan: FM Sitharaman
📝 SBI declares MTNL a non-performing asset amid Rs 325.53 crore debt
📝 PM Modi unveils L3 Mumbai Metro, laid stone for Thane ring metro project
📝 India contributes to Nepal PM Fund to support victims of floods, landslides
📝 Karnataka HC halts CCI probe against Flipkart, Amazon over procedural error
📝 Saarc not moving forward, 1 member spreading cross-border terror: EAM
*Financial Express*
📝 CG Power buys RF components biz for $36 million
📝 Vande Bharat Metro train successfully completes 145 kmph trial run in Kota
📝 Tencent-backed Pratilipi targets Rs 110 crore annual revenue run rate by FY25
📝 Zomato to allot 12 million shares to employees
📝 RBI intervention keeps rupee below 84/$
*Mint*
📝 Italgas signs $5.8 bln deal to buy smaller rival 2i Rete Gas
📝 FPIs take U-turn in Oct, offload ₹27,142 crore in Indian equities
📝 Oil soars 10% in 5 days, logs biggest weekly gain in one year; Brent sits at $78
📝 IPO-bound Swiggy launches XL fleet for bulk orders in festive season
📝 Mark Zuckerberg beats Jeff Bezos to become world’s 2nd-richest person
📝 India successfully flight tests VSHORADS missile in Pokhran
📝 Meta takes on Google, OpenAI with new text to video generation model.
US markets : S&P 500 closes above 5,800 for the first time 🚀
🇺🇸 Markets on Friday
#DowJones +0.97%
#Nasdaq +0.3%
S&P500 +0.6%
Good start to earnings season
👍 JPMorgan Chase +4.4% after topping profit & revenue expectations
👍 Wells Fargo +5.6% on stronger-than-expected profits
👎 Tesla -8.8% on the back of an underwhelming robotaxi event
Economic Data
Producer price index - PPI
👉 Index was flat for the month & +1.8% from a year ago
👉 Economists surveyed by Dow Jones had been looking for a monthly gain of 0.1%
University of Michigan Survey of Consumers showed sentiment dipped in October as near-term inflation expectations increased
Fed funds futures trading suggests a nearly 90% likelihood that the Federal Reserve will cut interest rates by a 25 bps in November
Source 👉 CME FedWatch Tool
Others
⛽️ Brent at 79$/barrel
🇺🇸 10 year yield at 4.09%
💲 Dollar index flat at 102.86
🪙 Gold +1% to $2,656/ounce
💸 Bitcoin at 62881$
Thing to watch before trade 📰
👉GIFT nifty down 36 points
👉US markets end with mild losses
👉US Inflation rate hit 2.4% in September, topping expectations
👉TCS: mixed earnings, Profits, margins below estimates
👉Market to react to new SEBI rules
👉NSE discontinues weekly expiry of Financial Services index, Nifty Bank and Nifty Midcap index.
👉weekly expiry will only exist for Nifty 50 contracts starting November 20.
👉FIIs continue to sell in the cash market yesterday
👉FIIs sold 4927cr in cash yesterday, DIIs bought 3878cr in cash yesterday
*Special one hour Diwali Muhurat Trading Session will be on Friday, 1st Nov 2024 at 6.15 pm to 7.15 pm*
Читать полностью…
Key Results Today
TCS
Anand Rathi Wealth
Den Networks
GM Breweries
Hathway
Tata Elxsi
Thing to watch before trade 📰
👉US markets close at record highs overnight
👉Dow jones up 431 points, S&P 500 hit record highs
👉US investors await inflation reading today
👉Asian markets open higher, Nikkei up 159 points
👉Nifty closed around 25000 yesterday
👉foreign investors continue to sell in Indian markets
👉FIIs sold 4562cr in cash yesterday, sold 49300cr in October so far
RBI POLICY
MPC Keeps Rates Unchanged
Stance changed to "Neutral" from "Withdrawal of Accomodation"
Key Indices stable, in Green, while Midcaps see strong outperformance
*News Headlines from Business News Agencies :*
*Business Standard :*
📝 India, UAE to set up food corridor at $2 bn investment: Piyush Goyal
📝 German property market grows but industry cautious on slow economic rebound
📝 India to award leases to top up strategic oil reserves amid Gulf tensions
📝 Honda overtakes Hero MotoCorp in 2W retail sales ahead of festive season
📝 Tier-IV cities boost Meesho's festive sale; total orders increase 40%
📝 Oil giant Chevron sells assets worth $6.5 bn to Canadian Natural Resources
📝 Foundation stone laid of Rs 732 cr coal handling projects in Jharkhand
📝 Yulu turns Ebitda positive, aims to deploy 100K electric vehicles by 2025
📝 Computers, electronics industry leads post-pandemic job growth: ASI data
📝 Hero Motors withdraws DRHP documents for raising Rs 900 crore through IPO
📝 India's reservoir levels rise from last year, northern region lags: CWC
📝 India reduces local remedies exhaustion period to 3 years for UAE investors
*Economic Times :*
📝 Ashok Leyland commences delivery of electric trucks to Billion Electric Mobility
📝 Reliance's Tira launches global luxury skincare brand Augustinus Bader in India
📝 IFC extends $500 million loan to Axis Bank to fund green projects in India
📝 Jio pushes Trai to revise satcom paper on pricing, include level playing field
📝 Garmin, Apollo Hospitals join hands for health monitoring & wellness
📝 SAIL-BHP to jointly forge steel decarbonisation plan
📝 Road safety startup Nayan Tech raises $2 million
📝 Suraksha Diagnostic gets Sebi's go ahead to float IPO
📝 Shakti Pumps board announces 5:1 bonus share issue
📝 Airbus to source more components from India, says CEO
📝 Consumer durables sector can create 500,000 new jobs in India by 2030: Report
📝 Commerce department proposes solutions for exporters' credit crisis
*Mint :*
📝 Hitachi Energy plans to invest ₹2,000 crore in India's power sector
📝 HDFC Bank approves stake sale of HDFC Education for ₹192 crore
📝 Agritech startup DeHaat in talks to raise $100 million to buy a seed firm
📝 Amazon merges MX Player with miniTV to expand ad-supported streaming
📝 Drugmakers to face action for submitting wrong and misleading info, DCGI
📝 DGCA issues advisory on 'potential risk' in Boeing 737 rudder control system
📝 India buys 9% fewer vehicles in Sept, FADA urges OEMs to tackle record high car inventory
📝 Pfizer faces pressure as Starboard Value takes $1 billion stake
📝 Quick Heal eyes small firms, individuals with its AI-powered anti-fraud tool
📝 MakeMyTrip to renew focus on experiences, activities in its tour packages
📝 Consumer goods companies turn defensive on acquisitions to maintain market share
Bulls making a comeback today! 🐂📈
a. BJP outperforms in State Elections 🇮🇳
b. Crude oil -4.5% 🛢️
c. FII net sell at 5k cr vs recent avg of 10k cr/day 💸
d. FII now net short on Index Futures 📉
e. China’s struggle continue 🇨🇳
All eyes on the RBI Governor tomorrow!
Headlines at 11 am ⏰
👉Markets stabilise
👉Nifty back above 24900 , up 120 points
👉BJP regains a lead in Haryana elections, crosses half way mark
👉in stock action, Trent is big gainer after entering affordable beauty market with 'Zudio Beauty' store launch
👉in global markets, Hong Kong markets see steep fall, down 1200 points today
MARKET ALERT : ELECTION RESULTS LIVE COUNTING : HARYANA & J&K : EXPECT VOLATILITY BOTH WAYS.
Читать полностью…
MARKET ALERT : Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) will be announcing its decision on the repo rate on October 9, 2024.
Читать полностью…
Stocks Shifted to T Group
Reliance Infra
Reliance Power
PC Jewellers
Aarti Surfactants
Epack Durable
HCL Info
Motisons Jewellers
Optimus Infra
Panacea Biotech
Sequent Scientific
Zaggle Prepaid
Zee Media
Zenotech Lab
Stocks out from T Group
Atul Auto
Black Box
BPL
Dredging Corp
Exicom
IFB Agro
Moschip
Prime Focus
Wockhard
Websol Energy
Q2 earning season starts this week 💹
Timeline of Imp results ⏰
👉TCS: 10th October Thursday
👉DMart: 12th October Saturday
👉HCL tech : 14th October Monday
👉Bajaj auto : 16th October Wednesday
👉Infosys, Wipro: 17th October Thursday
👉HDFC bank : 19th October Saturday
Today's Headlines :
*Economic Times*
📝 Sebi gives in-principle approval to set up Jio Financial-Black Rock's proposed mutual fund
📝 FM calls for faster cap investment rollout by states
📝 Hyundai seeks $19 billion value in India’s biggest ever IPO: Report
📝 RBI to conduct govt bond buyback auction worth Rs 25,000 crore on Oct 10
📝 Piramal Capital raises $ 150 million from bond sale
📝 India's forex reserves hit all-time high of $704.89 billion, up $12.5 billion as of Sept 27
📝 CBDT detects non-compliance by state govt entities in filing returns
📝 PFC secures largest-ever foreign currency term loan of $1.265 bn
📝 GAIL inks deal with AM Green to set up 2.5 GW of renewable projects
📝 MS Dhoni invests Rs 4 crore in IPO-bound drone startup Garuda Aerospace
📝 Startup funding drops 54% on year to $77 million this week
*Business Standard*
📝 Temasek in talks to pick minority stake in Haldiram's at $11 bn valuation
📝 BMW India targets to double electric vehicle penetration by next year
📝 Ace Aviation acquires another plane as Jet Airways deal gets delayed
📝 Macrotech Developers posts highest-ever quarterly pre-sales of Rs 4,290 cr
📝 HDFC Bank to see MSCI weight rise with increased FPI investment headroom
📝 SAMHI Hotels to acquire Innmar Tourism for enterprise value of Rs 205 cr
📝 Committed to structural reforms in third term, says PM Narendra Modi
📝 Demand slowdown pulls down services PMI to 10-month low in September
📝 Private lenders securitise loans worth Rs 21,000 crore in Q2 FY25
📝 Sebi proposes measures to boost retail participation in G-Sec market
📝 DoT launches new system to stop fraudulent international calls with telcos
📝 World Food Price Index registers biggest increase since March 2022
📝 US job growth accelerates in Sep, unemployment rate declines to 4.1%
*Financial Express*
📝 Airport Authority opposes spectrum allocation proposal for telecom services
📝 ID verification startup IDfy expects to cross Rs 200 crore revenue mark in FY25
📝 Per capita income will rise by $2000 in 5 years: FM Nirmala Sitharaman
📝 Vedanta records highest ever aluminium production in Q2, zinc, iron ore output rise too
📝 Services PMI drops to a 10-month low of 57.7 in September on slowed demand
*Mint*
📝 SBI classifies MTNL loan a/c as sub-standard NPA, threatens legal action
📝 Bengaluru sees ₹485 crore in hotel asset sales in a single day
📝 Sebi approves ₹643 crore settlement for NSE, former chief Vikram Limaye
📝 Govt to soon open bids for remaining PLI sops for battery manufacturing
📝 High vegetable prices make vegetarian thali dearer by 11% from last year.