Visa is introducing new tools to enhance payment experiences, including "payment passkeys" for biometric authentication, aiming to reduce checkout times to 20 seconds. The company is also implementing flexible credentials for smoother cross-border transactions and launching A2A Protect, powered by AI, to mitigate fraud in real-time payments by analyzing transaction patterns and risk levels.

Tata Steel Ltd. swung back to profitability in the September quarter, reporting a net profit of Rs 833 crore compared to a loss in the same period last year. Despite a 3% YoY decline in revenue, the company's EBITDA reached Rs 6141 crore with margins at 11.4%. The India business saw a 5% revenue dip, while NINL's revenue increased.

Mahindra and Mahindra (M&M) is set to announce its second-quarter results, with analysts predicting healthy revenue growth driven by strong tractor and automotive sales. However, profits are expected to remain flat or decline slightly due to factors like negative operating leverage and segment mix.

Indian stock markets surged over 1% on Wednesday, propelled by Donald Trump's US election victory. Analyst Priyank Upadhyay recommends buying opportunities in Tata Steel and Apollo Hospitals, citing technical indicators suggesting upward momentum. However, he advises a cautious stance on Delta Corp until a stronger bullish signal emerges.

US stock market surged with Dow, S&P 500, and Nasdaq closing at all-time highs. This followed Donald Trump's victory in the 2024 US presidential election. Investors anticipate policy changes including tax cuts and deregulation. Financial sectors, particularly banks, saw significant gains. Treasury yields rose, impacting interest rates and potentially affecting small businesses.

Four companies have received approval from SEBI for their IPOs. These companies are Rubicon Research, Sai Life Sciences, Sanathan Textiles and Metalman Auto. The IPOs will consist of fresh issues and offers for sale. The companies will raise funds from the public market.

“Aditya Birla Sun Life AMC stock is moving within an upward-rising channel, supporting further upside potential. Traders can buy for a target of Rs 875-955 in the next few weeks,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.#stockmarket #adityabirlasunlifeamc #stocks

The underlying short-term trend of Nifty continues to be positive. A sharp upside breakout of immediate resistance of 24500 levels is likely to open the next upside target of 25K mark in a quick period of time. Immediate support is placed at 24350, said Nagaraj Shetti of HDFC Securities.

Bitcoin surged past $75,000 for the first time following Donald Trump's US election victory. The futures market, particularly CME's basis and perpetual futures contracts, indicates a potential continuation of this rally. This surge is attributed to expectations of crypto-favorable policies under a second Trump administration.

US stock market surged with Dow, S&P 500, and Nasdaq closing at all-time highs. This followed Donald Trump's victory in the 2024 US presidential election. Investors anticipate policy changes including tax cuts and deregulation. Financial sectors, particularly banks, saw significant gains. Treasury yields rose, impacting interest rates and potentially affecting small businesses.

Visa is introducing new tools to enhance payment experiences, including "payment passkeys" for biometric authentication, aiming to reduce checkout times to 20 seconds. The company is also implementing flexible credentials for smoother cross-border transactions and launching A2A Protect, powered by AI, to mitigate fraud in real-time payments by analyzing transaction patterns and risk levels.

Indian IT companies saw their stocks surge following Donald Trump's presidential election victory. The rally was fueled by optimism surrounding Trump's pro-business policies, which are expected to boost IT spending. However, potential protectionist measures under a Trump administration pose a risk for Indian software exporters, potentially hindering the sector's growth.

Niva Bupa Health Insurance is gearing up for an IPO to raise Rs 2,200 crore, aiming to capitalize on the growing health insurance market in India. The IPO involves a fresh issue of shares and an offer for sale by promoters, with anchor investors already committing Rs 990 crore.

Shares of steel major Tata Steel Ltd will be in focus today after the company turned to black in the quarter ended September 2024. The company had posted a loss in the last year period.

Hong Kong equity futures dropped, as did a gauge of US-listed Chinese stocks. Trump has pledged to introduce tariffs on Chinese goods to support US manufacturing.

As global investors brace for economic and geopolitical tremors with the US at the epicentre, India is perceived as being among those economies that may benefit from Trump's presidency, which is expected to see higher trade tariffs and lead to an exacerbation of US-China tensions.

Adani Enterprises has revised its capital expenditure target for the current fiscal year to ₹67,000 crore from the initial projection of ₹80,000 crore. The company attributes this reduction to an extended monsoon season that disrupted project timelines.

Indian banks are shutting down more ATMs despite record-high cash circulation. This trend is attributed to the rise of digital transactions and UPI payments. While cash remains significant, ATM numbers have declined, particularly off-site machines. Industry experts point to bank consolidation and the push for digitalization as key drivers.

One of the key elements of Trump's election manifesto was a universal tariff on imports from all countries. Imports from China would, however, face a 60% tariff. Such duties are aimed at discouraging imports and boosting domestic production in the US.

Wall Street's "fear gauge" - the VIX - tumbled the most since August to around 16. Trading on stocks spiked, with the S&P 500 volume 110% above the average of the past month.

Exactly eight years ago, in 2016, when a reality TV star became US president, the global markets went into sharp decline on the day of surprise victory. In 2024, the reaction is the opposite – markets are rejoicing at his return. While there is nothing wrong in having a party, better be cognizant of some of the things the next US president brings to the table. One would be tariff wars. While China will be the main focus, there are areas where India will be in the picture. But there is one sector that is unlikely to face any trouble: Pharmaceuticals. There are reasons why it might escape the headwinds, in some cases the change in regime might act as another tailwind.

Aditya Birla Sun Life AMC stock surged to new highs, breaking out of a two-month consolidation range. Experts suggest a target of Rs 875-955 in the coming weeks. The stock's upward trend is supported by its position above key moving averages and the bullish RSI and MACD indicators.

As the broader indices recovered this week, market breadth also saw an improvement. If the indices register a gain for a third straight trading session, we may have begun the process of forgetting what happened in the market in October – especially to mid-caps in the second phase of correction. Why are we mentioning this? Because there is a high probability that some part of domestic retail money will return to the market. And domestic money has a liking for mid-caps. Nothing wrong with that. Just remember: Stick with quality names in the mid-cap space and continue to be selective. ET Screener, powered by Refinitiv’s Stock Report Plus, lists quality stocks with high upside potential over the next 12 months, and having an average recommendation rating of “Buy” or "Strong Buy". This predefined screener is only available to ET Prime users.

Select stocks gain momentum even in volatile markets.

The S&P 500 and the Dow scaled all-time highs on Wednesday, while the Nasdaq also jumped, as Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after he was voted out of the White House.

Tesla's shares jumped 14%, making the EV maker on course to increase market value by $110 billion. Trump has said he would establish a government efficiency commission headed by Musk. Musk donated millions of dollars to Trump's campaign.

The S&P 500 and the Dow scaled all-time highs on Wednesday, while the Nasdaq also jumped, as Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after he was voted out of the White House.

Wall Street stocks surged in early trading on Wednesday after US voters sent Donald Trump back to the White House and delivered him a Republican Senate. About 45 minutes into trading, the Dow Jones Industrial Average stood at 43,538.34, up 3.1 percent.

Trump Media and Technology Group, the parent company behind Truth Social, reported a $19.2 million loss in the last quarter. The company attributed the loss to legal fees and declining revenue. Despite the financial struggles, the company's stock surged following Trump's presidential election victory.

Tesla stands to make significant gains under a Trump administration due to its size, with the expectation that subsidies for alternative energy and electric vehicles will be threatened.

His promise to make Tesla CEO Elon Musk head of a government efficiency commission after the billionaire backed Trump throughout his electoral campaign led to a 14.7% surge in the shares of the electric automaker.

There have always been debates about rural and urban consumption levels, and which companies are impacted and how. But one facet tends to get ignored in these debates: The extent to which consumption patterns – whether rural or urban – have changed. Just consider one factor: The way food is ordered has a undergone change. This has created new companies, sectors, and an entirely new category of jobs. This is a trend that will likely stay for the foreseeable future. So, is it time to look at some of the old and new companies from different perspectives? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.

The S&P 500 and the Dow scaled all-time highs on Wednesday, while the Nasdaq also jumped, as Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after he was voted out of the White House.

Indel Money's NCD issue, offering a yield up to 13.44%, was oversubscribed 1.5 times, attracting bids worth Rs 117.38 crore. The issue, which opened on October 21 and closed on November 4, will likely be listed on BSE after November 11.

The government's offer-for-sale for more than 4.75 crore Hindustan Zinc Ltd (HZL) shares to institutional investors over-subscribed on Wednesday, with institutional buyers putting bids worth close to Rs 3,400 crore. On the first day of the two-day OFS, bids came in for over 6.69 crore shares, which is 1.41 times the total of 4.75 crore shares on offer for institutional buyers.

The S&P 500 and the Dow scaled all-time highs on Wednesday, while the Nasdaq also jumped, as Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after he was voted out of the White House.

Equity investors, traditionally favouring Republicans in Washington, welcomed Trump’s mandate, anticipating potential tax cuts, increased government spending, and deregulation. Optimism is also building around the possibility that the new administration may maintain favorable H-1B visa policies, which has sparked a rally in previously struggling IT stocks.

Futures tied to the S&P 500 and the Dow soared to record highs on Wednesday as Republican Donald Trump won the 2024 U.S. presidential election, capping his return four years after he was voted out of the White House.

Nifty’s short-term trend remains positive, with a strong breakout above the immediate resistance at 24,500 potentially paving the way for a quick move towards the 25,000 mark. Immediate support is positioned at 24,350, according to Nagaraj Shetti of HDFC Securities.

IFC, a member of the World Bank Group, has committed USD 400 million (about Rs 3,300 crore) to help expand access to finance for customers opting to buy EVs and energy efficient consumer goods as well as support women-owned microenterprises.

Sagility India's IPO is 52% subscribed on day two, with strong retail participation. The ₹2,106 crore issue is an offer-for-sale with no fresh issuance. Analysts express mixed views on valuation and market conditions.

IFC, a member of the World Bank Group, has committed USD 400 million (about Rs 3,300 crore) to help expand access to finance for customers opting to buy EVs and energy efficient consumer goods as well as support women-owned microenterprises.

There have always been debates about rural and urban consumption levels, and which companies are impacted and how. But one facet tends to get ignored in these debates: The extent to which consumption patterns – whether rural or urban – have changed. Just consider one factor: The way food is ordered has a undergone change. This has created new companies, sectors, and an entirely new category of jobs. This is a trend that will likely stay for the foreseeable future. So, is it time to look at some of the old and new companies from different perspectives? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.

Indian market closed in the green for the second consecutive day in a row on Wednesday tracking positive global cues. The BSE Sensex index rose more than 900 points to close above 80,300 levels while Nifty50 reclaimed 24,400 levels.

Indian pharmaceutical giants, Dr. Reddy's Labs and Mankind Pharma, reported impressive double-digit revenue growth in the September quarter. Dr. Reddy's achieved this milestone despite challenges in Europe and increased expenses, while Mankind Pharma thrived on robust domestic sales and expansion into consumer healthcare. Both companies remain optimistic about future prospects.

Sensex: The slogan "Trump will fix it" is gaining traction on Dalal Street, with the Sensex rising over 900 points after Trump’s projected win. Indian IT stocks are major beneficiaries, boosted by a stronger dollar and Trump’s tax cuts. Analysts suggest India's economy could benefit from lower oil prices and supply chain shifts, though trade tensions may hurt exports.

Tesla Share Price: Tesla shares saw a significant jump in premarket trading following Donald Trump's claimed victory in the U.S. presidential election. Elon Musk, Tesla's CEO and a vocal Trump supporter, could potentially gain more influence in a Trump administration, impacting the future of electric vehicle subsidies.

The slogan "Trump will fix it" is gaining traction on Dalal Street, with the Sensex rising over 1,000 points after Trump’s projected win. Indian IT stocks are major beneficiaries, boosted by a stronger dollar and Trump’s tax cuts. Analysts suggest India's economy could benefit from lower oil prices and supply chain shifts, though trade tensions may hurt exports.

Trump back in the White House is seen as bullish for European defence stocks, given his warnings to scale back U.S. military support in the region and force NATO members to spend 2% or more of their GDP on defence

Sagility India's IPO is 28% subscribed on day two, with strong retail participation. The ₹2,106 crore issue is an offer-for-sale with no fresh issuance. Analysts express mixed views on valuation and market conditions.