Trent Share Price: Trent's shares tumbled 10% despite reporting a 46% surge in Q2 profit, exceeding analyst predictions. While revenue growth of 39.6% fell short of expectations, analysts remain optimistic, citing strong EBITDA margins, robust store expansion, and the success of emerging categories like beauty and footwear.

Tata-backed Indian Hotels Company (IHCL) saw its stock surge nearly 6% to a 52-week high of Rs 722 after reporting a 226% YoY profit growth to Rs 583 crore for Q2 FY24. Revenues rose 27.4% to Rs 1,826 crore. EBITDA grew 41.3% to Rs 501.27 crore. IHCL will also manage The Claridges, New Delhi from April 2025.

The US Federal Reserve cut interest rates by 0.25%, as anticipated, while keeping an eye on the potential effects of a Trump presidency. The move prompted a relief rally in bonds and a decline in the US dollar. Analysts predict that Trump's policies will likely increase inflation, potentially leading to a slower pace of rate cuts in the future.

In a recent interview with ETNow, legendary investor Mark Mobius of Mobius EM Opportunities Fund shared his insights on the evolving landscape of emerging markets, spotlighting India’s potential to become a global high-tech manufacturing powerhouse.Mobius, renowned for pioneering the first emerging markets fund, discussed how shifts in U.S. policies—particularly around deregulation and tariffs—might drive renewed growth in both the U.S. and emerging economies.He sees these dynamics not as obstacles but as catalysts for growth, especially for nations like India that stand to benefit from the reconfiguration of global supply chains. Edited Excerpts -

ITI Ltd shares surged 9% after being awarded a Rs 3,022 crore BharatNet project for Himachal Pradesh, West Bengal, and Andaman & Nicobar Islands, marking a significant milestone for the company.

Wipro shares rose 3% after two block deals, with reports indicating promoter selling. The company posted a 21% rise in Q2 net profit and announced a bonus issue.

RVNL Share Price: Rail Vikas Nigam Ltd (RVNL) reported a 27% YoY drop in Q2FY25 net profit to Rs 286.9 crore, impacted by lower margins and reduced earnings. Revenue declined 1.2% YoY to Rs 4,855 crore. However, sequentially, profit rose 28.1%, and revenue increased 19.2%. RVNL's shares surged 162% in 2024, currently trading at a P/E ratio of 77.8.

Mahindra & Mahindra's stock surged after reporting a 13% rise in Q2 profit, exceeding market expectations. Analysts are optimistic, citing strong SUV and tractor sales, with potential for further growth and margin expansion. However, capacity constraints for ICE SUVs in the future are a concern.

Reliance Industries Ltd., India's most valuable company, has seen a significant market capitalization decline of nearly $50 billion since July. This drop comes amidst weakening earnings, an economic slowdown, and investor disappointment over six consecutive quarters of missed earnings estimates. The company's share performance has lagged, widening the gap with benchmark indices, despite broader market pressures.

Indian markets opened lower despite positive global cues, with declines led by Reliance Industries and banking stocks.

On November 7, seven stocks from the NSE midcap pack appeared in the RSI Trending Up scan, according to the stockedge.com data. It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.

“National Aluminium stock has broken out from a pennant pattern on the daily chart near its all-time high levels suggesting the continuation of the uptrend. Traders can buy for a target of Rs 255 in the next 2-3 weeks,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

Foreign investors pulled out Rs 26,139 crore from Indian bank stocks in October. This was part of a larger withdrawal from Indian markets. FIIs also sold oil and gas, FMCG, and auto stocks. Analysts cite several factors, including US growth and sluggish Indian corporate earnings. However, domestic investors are showing interest in the financial sector.

Reliance Industries has lost nearly $50 billion in market cap since July, amid weakening earnings, economic slowdown, and subscriber loss at Jio.

Reliance Power and its subsidiary, Reliance NU BESS, have been barred by SECI from participating in tenders for three years. This follows the submission of a "fake" bank guarantee document during a solar project bid. SECI discovered the discrepancy after the e-Reverse Auction, leading to the tender's cancellation.

Rail Vikas Nigam Ltd (RVNL) reported a 27% YoY drop in Q2FY25 net profit to Rs 286.9 crore, impacted by lower margins and reduced earnings. Revenue declined 1.2% YoY to Rs 4,855 crore. However, sequentially, profit rose 28.1%, and revenue increased 19.2%. RVNL's shares surged 162% in 2024, currently trading at a P/E ratio of 77.8.

Cochin Shipyard's Q2 profits rose 4% YoY to Rs 189 crore, driven by a 13% revenue increase. Despite a dip in EBITDA margin, the company announced a Rs 4 interim dividend and plans to raise $50 million via overseas bonds for sustainable projects.

Tata Consultancy Services (TCS) has secured a multi-year contract with Air France-KLM. TCS will help transition the airline's data infrastructure to the cloud over the next three years. This move aims to establish Air France-KLM as a leader in data-driven aviation, enhancing operational efficiency and customer experience.

In the Nifty500 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on November 7, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:

Investec has maintained a hold rating on Indian Hotels, raising the target price to Rs 742 from Rs 630. The company's strong performance was driven by healthy ARR growth. With expanding horizons and structural tailwinds, Investec expects margins to remain at 32%/32.5% for FY26/27, with PAT growing at a CAGR of 24% over FY24-27.

Mahindra & Mahindra (M&M) reported a 13% YoY growth in standalone net profit for Q2FY25, reaching Rs 3,841 crore, surpassing street estimates of Rs 3,581 crore. Revenue grew 12% YoY to Rs 28,919 crore, while EBITDA stood at Rs 5,270 crore with 18.2% margins. The auto segment achieved record quarterly volumes, including 1.36 lakh units of UV sales.

In the Nifty500 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on November 7, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:

Without mid-caps in your portfolio, your returns even in a long bull run is unlikely to be high. That’s because, although they come under pressure during corrective phases, mid-caps have given the best returns in the past 10 years. Why are mid-cap companies able to grow rapidly in a growing economy like India? Because they are nimble. Whether it’s the cost of capital or new markets opening up, it is mid-sized companies that seize opportunities to accelerate growth. Now, some key questions: Which stocks to own? When to buy them? And for what horizon? Finally, there has to be a good reason why you are buying a particular stock. It could be market size, a company being the segment leader, or even one with a library no one can replicate.

The Indian market is predicted to stabilize, with the Nifty anticipated to fluctuate between 23,600 and 24,600. Experts suggest buying opportunities in stocks like Bank of Baroda, Biocon, and PNB, with specified target prices and stop-loss levels.

Federal Reserve Chair Jerome Powell stated he would defy any attempt by incoming President Donald Trump to remove him from office, emphasizing that such action is legally prohibited. Powell affirmed the Fed's independence, stating that the recent election wouldn't influence their policy decisions, despite Trump's past criticisms of the central bank's choices.

The Nifty Index showed resilience after a recovery, stabilizing near key support levels. Analysts suggest a Bull Call Spread to benefit from potential upward momentum. OI data reflects cautious sentiment.

Life Insurance Corporation of India (LIC) is set to announce its July-September 2024 quarterly results today. In the previous quarter, LIC reported a 9% rise in net profit, reaching Rs 10,544 crore, and a 16% increase in net premium income, hitting Rs 1.14 lakh crore. The company also saw significant growth in both individual and group business segments.

LIC’s share by value in companies listed on NSE decreased to 7.34% as of September 30, 2024, from 7.51% as of June 30, 2024, according to primeinfobase.com, an initiative of the PRIME Database Group. In Q2 of FY25, LIC adjusted its holdings in several key stocks, with significant reductions in companies including Voltas, Lupin, Hero MotoCorp, OFSS, Tata Consumer Products, and Tata Power.Here is a list of 10 stocks that LIC sold in Q2 of FY25, according to PRIME Database report:

Ola Electric, which recently went public, is set to release its quarterly results amidst a falling stock price. The company has faced challenges including consumer complaints and declining market share. Despite efforts to address these issues, analysts remain cautious, citing slower-than-expected market penetration and ongoing service concerns.

T D Power Systems and DCM Shriram have set November 11 as the record date for their announced dividend payouts. Investors looking to receive dividends from these companies have until today to purchase shares. T D Power Systems announced an interim dividend of Rs 0.60 per share, while DCM Shriram declared an interim dividend of Rs 2 per share.

Nvidia reached a historic $3.65 trillion market value, becoming the first company to surpass this threshold. This achievement was fueled by a broader market rally following Donald Trump's election victory, which spurred optimism about potential tax cuts and deregulation.

Nissan Motor's shares plummeted by 10% after the company announced plans to slash 9,000 jobs and 20% of its global production capacity. This decision comes amidst declining sales in China and the United States. The automaker also reduced its annual outlook by 70% and withdrew its net profit forecast, citing restructuring efforts to combat the downturn.

US stock market closed higher after the Federal Reserve cut interest rates. The rate cut followed Donald Trump's return as US president. Market reacted positively to Trump's policies. The Dow Jones Industrial Average remained flat. The S&P 500 and Nasdaq Composite gained. Communication services sector led the gains. Financials sector declined.

Experts view the recent drop in Hindalco Industries' share price as a buying opportunity, citing strong fundamentals. Despite a recent dip due to weak earnings from its US arm, Novelis, analysts remain optimistic about the company's long-term prospects, particularly its upcoming US facility.

India's equity benchmarks fell on Thursday, driven by rising US bond yields and continued selling by foreign investors. The surge in US yields, triggered by Donald Trump's election victory, has raised concerns about potential slowdowns in US rate cuts, impacting foreign investments in emerging markets like India.

The Federal Reserve lowered its key interest rate by a quarter-point in response to declining inflation. This follows a larger cut in September, signaling the Fed's focus on both job growth and inflation control. While inflation has fallen closer to the Fed's target, it remains slightly elevated.

Aadhar Housing Finance's stock has risen 47% since its IPO, driven by strong growth and government focus on affordable housing. Despite market volatility, the stock has gained 8% in the past month, attracting investor interest.

Australian and Japanese shares advanced along with Hong Kong futures, while the Golden Dragon index of US-listed Chinese companies jumped 3.5%. The S&P 500 gained 0.7% and the Nasdaq 100 climbed 1.5%, both setting fresh peaks for a second day. An index of global equities also advanced to a record.

NHPC Ltd on Friday reported 41% decline in its consolidated net profit at Rs 909 crore in the second quarter ended September 2024. The same stood at Rs 1546 crore in the last year quarter.

S&P Global predicts that Indian banks will face pressure on net interest margins, potentially dropping by 20 basis points to 3% over the next few years. This squeeze is anticipated due to increased competition for deposits amidst an expected decline in interest rates and steady credit growth.

The Reserve Bank of India's recent regulatory changes, including increased risk weights on bank lending to non-bank financial companies (NBFCs), have led to a funding slowdown for these lenders. This credit squeeze, particularly impacting unsecured and digital lending NBFCs, is likely to curb retail credit growth in the coming year.

Anytime, day or night, policymaking via Twitter - which has been rebranded as X - became the norm, hacked out in staccato bursts to his millions of followers. These musings would often trigger sudden market swings, upending in the process the work and sleep schedules of traders and investors across financial markets.

Foreign investors renewed buying interest in the healthcare and power sectors, purchasing ₹2,321 crore and ₹1,168 crore in the second half of the month, after selling over ₹2,000 crore in both sectors in the first half of the month.

In an announcement on Thursday, MSCI said it has added five stocks - BSE, Voltas, Alkem Laboratories, Kalyan Jewellers, and Oberoi Realty - to its Global Standard Index; while reducing the weights of Adani Green, RIL, ICICI Bank, Infosys, GMR Airports, and Adani Power.

BFSI. Just because these letters are clubbed together, it does not mean they are all the same. History tells us that the Banking, Financial Services, and Insurance – BFSI – space has seen the biggest wealth creators – and also the biggest scams. So, which player you own in which segment is the key to determining whether you are able to create wealth. For a while now, some of the best wealth creators in the sector have been underperforming. Some due to technical adjustments and others due to fundamental reasons. Time to pick and choose the best and make some contrarian bets?

National Aluminium Co. Ltd is expected to rise in the coming weeks. The stock broke out from a Pennant formation and hit a record high. Experts suggest a target of Rs 255 in the next 2-3 weeks. The stock is trading above crucial moving averages. The stock may show a pullback as RSI is above 70.

Select stocks gain momentum even in volatile markets.

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum.

The Federal Reserve has reduced interest rates by a quarter percentage point, citing a cooling job market and progress in controlling inflation. Despite the positive economic indicators, the central bank acknowledges potential uncertainties tied to the recent presidential election.

Wall Street's main stock indexes hit record highs in the run-up to an interest-rate decision from the Federal Reserve on Thursday, extending a sharp rally sparked by Donald Trump's stunning comeback as U.S. president for a second time.