Triveni Turbine reported net profit of Rs 64 crore for the quarter ended September. Revenue from operations stood at Rs 388 crore.

A potential agreement between Walt Disney's Star India and Reliance Industries' Viacom18 has the potential to create India's largest media and entertainment conglomerate, boasting an estimated top line revenue of approximately Rs 25,000 crore, according to industry experts.

Sources told ET that the new loan is expected to be raised at a significantly higher interest rate, around 17-18%, compared with prepayments from Oaktree and Trafigura, which were below 13%. This new financing would be utilised for the prepayment of 55% of the 13.875% bonds due in 2024, 5% of the 6.125% bonds maturing in August 2024, and 20% of the 8.95% bonds set to mature in March 2025.

The volume of data that flows into a CIC is humongous. All the CICs are expected to receive credit information from all CIs as per RBI stipulations. However, gaps seem to exist in reporting and in ensuring that the information is accurate, which results in inaccurate credit scores in some cases.

In stark contrast to an exceptionally good September quarter, the Hindi film industry has faced a subdued start to the December quarter, with all 14 movies released in October failing to attract significant audiences to theaters. Notably, big studios and distributors largely refrained from investing in pre-release marketing and promotion, leaving moviegoers unaware of the titles.

HDFC Bank, one of India's top financial institutions, has extended a Rs 2,000 crore loan to struggling telco Vodafone Idea (Vi). This loan is expected to assist Vi in meeting its outstanding license fees and 5G spectrum payment obligations. The telco is also in discussions with potential investors for equity funding.

"Economic activity expanded at a strong pace in the third quarter," the US central bank said in a policy statement after a two-day meeting in which officials unanimously agreed to leave the benchmark overnight interest rate in the 5.25-5.50% range where it has been since July.

The Nifty declined by 90 points, or 0.47%, closing at 18,989, while the Sensex witnessed a decline of 284 points, or 0.44%, settling at 63,591.

The company's revenues grew 11% driven by strong growth posted by the India business and the global specialty sales in the US. A third of the company's revenues is earned each from India and the US. Sun's market share in India increased from 8.3% to 8.4% for the year ended September 2023.

The assets on the block are a dozen cases including loans to Videocon Oil Ventures (VOVL), Jaiprakash Associates (JAL) and Wind World, which are facing various delays in their resolution.

The stock rose from Rs 52.90 registered on 23 October 2023 to the intraday record high of Rs 69.11 on 1st November 2023 — translating into gains of over 30% in a week. It touched a 52-week high of Rs 69.11 with strong volumes, which highlights conviction from the bulls.

The Dow Jones Industrial Average rose 43.69 points, or 0.13%, to 33,096.56, the S&P 500 gained 12.23 points, or 0.29%, to 4,206.03 and the Nasdaq Composite added 67.42 points, or 0.52%, to 12,918.66.

The decision left the target range for the benchmark federal funds rate unchanged at 5.25% to 5.5%, the highest since 2001, as part of a strategy to slow the pace of rate increases as the central bank nears the end of its tightening campaign. The S&P 500 index and Treasuries extended their rally while the dollar slipped after the announcement.

Indian equity indices ended lower on Tuesday in a volatile market, dragged by banking, financial, auto, and IT stocks. The S&P BSE Sensex closed 0.44% lower at 63,591, while the NSE Nifty 50 index ended below the 19,000 level"The short-term trend of Nifty continues to be weak. The Nifty is expected to slide down to the lower support of 18,850 levels (200-day EMA) once again before showing another round of upside bounce from the lows. Any intra-week upmove from here could encounter resistance around 19100 levels," said Nagaraj Shetti, Technical Research Analyst at HDFC SecuritiesHere are the 5 stock recommendations for Thursday:

Shareholders of Tata Steel Long Products will get 67 shares of Tata Steel for every 10 shares held by them in the former.

During Wednesday's trading session, the benchmark index Sensex dropped around 284 points, ending the day at 63,591. Despite this decline, 7 stocks from the BSE Consumer Discretionary index reached their highest prices in the last 52 weeks. The 52-week high holds significant importance for traders and investors as it serves as a crucial technical indicator for assessing a stock's present value and anticipating potential price fluctuations. This figure represents the highest price at which a stock has traded over the past year.

The Dow Jones Industrial Average rose 29.00 points, or 0.09%, at the open to 33,081.87.

Elon Musk's net worth and Tesla's market cap have seen a combined loss of about $100 billion since he took over Twitter in October-end last year. This is in addition to X's (formerly Twitter) valuation markdown to $19 billion. Musk spent $44 billion on Twitter a year ago to allow more free speech and turn it into an 'everything app'. (Source: NYT News Service, finitiv, Bloomberg, TOI)

Vodafone Idea has formed a new 52-week high on Wednesday. Fundamentally, the company is expected to secure funding (~Rs 20,000 crore in the form of debt and equity) from investors as per the latest earnings conference call.

The short-term trend of Nifty continues to be weak. It is expected to slide down to the lower support of 18,850 levels (200 day EMA) once again before showing another round of upside bounce from the lows. Any intra-week upmove from here could encounter resistance around 19,100 levels, said Nagaraj Shetti of HDFC Securities.

Vodafone Idea has formed a new 52-week high on Wednesday. Fundamentally, the company is expected to secure funding (~Rs 20,000 crore in the form of debt and equity) from investors as per the latest earnings conference call.

Earlier this year, Hero decided to separate the roles of the Chairman & CEO and appoint a CEO for the company. Following this transition, Munjal volunteered to reduce his fixed salary. Munjal has been accused of forgery and fraud charges in an FIR filed by the Delhi Police recently. The Delhi High Court later stayed the criminal proceedings against Hero MotoCorp and its chairman in the case.

Financial markets are expecting the US Federal Reserve to keep interest rates on hold at the end of a two-day policy meeting on Wednesday. Since the last policy meeting in September, when the central bank's policymakers also left rates unchanged, incoming data has shown stronger-than-expected job growth, stronger-than-anticipated economic growth, and only sluggish improvement in the pace of inflation that, at 3.4% in September based on the Fed's preferred gauge, remains well above the target.

Uncover the significance of the Relative Strength Index (RSI) and why it's a valuable tool for assessing stock movements. In this article, we explore five stocks that were trading in an overbought zone on October 31, Tuesday, helping you make informed investment decisions while understanding the importance of RSI.

Understand the Relative Strength Index (RSI) and its significance in the stock market. In this article, we explore four stocks that were trading with RSI trending down on October 31, Tuesday, helping you grasp RSI's importance in making informed investment decisions.

The company's operating margin before depreciation and amortisation (EBITDA margin) expanded by 89 basis points sequentially to 11% in the September quarter driven by richer product mix and lower raw material prices. This is the fourth quarter of sequential margin improvement for the maker of Apache and Radeon bikes The absolute EBITDA per unit rose to a record high of Rs 8,400 per unit.

Equity benchmark indices Sensex and Nifty declined for the second day in a row on Wednesday amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said. The 30-share BSE Sensex declined 283.60 points or 0.44 per cent to settle at 63,591.33. During the day, it fell 324.47 points or 0.50 per cent to 63,550.46. The Nifty went down by 90.45 points or 0.47 to 18,989.15.

Surpassing the 100-Day SMA is often seen as a positive sign, indicating potential short to mid-term growth. On October 31, several major stocks surged above their 100-Day SMA, signaling potential bullish trends.

The assets under management or AUM in these products have grown more than three times in the last five years and twice as fast as the growth being witnessed in mutual funds, he said. The above growth estimates are based on favourable market conditions with the pace of growth remaining the same.

BSE shares have seen a meteoric rise of 42% in the last 1 month whereas NSE's stock has relatively fallen a bit. In the unlisted market, it is down 5-8%but why BSE has been rising. Watch the video.

Explore the concept of the Golden Crossover and its significance in stock trading. We've identified stocks that recently experienced this pattern, providing insights to bolster your investment strategies.

Discover the significance of Relative Strength Index (RSI) and why it's a crucial tool for stock investors. We've handpicked five stocks from the pool of over 60 that witnessed RSI trending up, offering valuable insights for your investment strategies.

It has specialized chemistry capabilities in contrast to media intermediates and high-intensity sweeteners. The company has built a long-term customer base of innovator and multi-national generic pharmaceutical companies, supported by multi-year contracts.

On October 31, several major stocks achieved a remarkable milestone by surpassing their 200-day SMA, signaling potential shifts in their stock trends.

The stock market exhibited remarkable momentum as several largecap and midcap stocks achieved new 52-week highs on November 1, highlighting their resilience and potential for growth. These milestones underscore the opportunities within these segments of the market.

Nifty small-caps and mid-caps declined 0.26% and 0.7%, respectively. Amongst sectors, Nifty Metal fell 1.4%, and Nifty IT dropped 0.8%. While Nifty Media, Pharma, PSU Bank, Realty, Healthcare, and Oil & Gas ended higher.

The stock market marked the beginning of September with a surge of activity as several major stocks achieved new all-time highs on September 1. These milestones underscore the dynamism of the market and the remarkable growth potential of these companies.

The amendments provide public companies the flexibility to list their securities on foreign stock exchanges and also include provisions for exemptions by the central government. The provisions for direct overseas listing were approved by the government, as part of the Covid relief package announced in May 2020.

BSE Ltd.’s small and mid-cap indexes fell 1.7% and 3.4%, respectively, in the latest month. The declines came as overseas funds sold $2.6 billion of Indian equity in October, on a net basis, their biggest withdrawal since January.

Earnings before investment, tax, depreciation, and amortisation (EBITDA) for the quarter jumped 44% YoY to Rs 59 crore in Q2 FY24 as compared to Rs 41 crore in Q2 FY23.

While it is a well known fact that small caps as a segment are more prone to risks of sharp decline. However, the reality is that when small caps are doing well, all the caution is thrown out of the window. The reason is, small gains also tend to gain very sharply in a short period of time and that is what makes them attractive to investors. Given the valuations, at this point of time, it would be logical that investors should put more checks and balances while navigating the small cap space. Also beware of rude shocks which this segment of the market may witness given the fact there are more headwinds ahead.ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

Like business and economic cycles, stock markets also have cycles where they will take a liking to a particular sector in such a manner that valuations will go through the roof. Then comes a phase, where the same sector is thrown down the dumps. Real estate sector is one sector where in 2008, valuations were at their peak. then come and fall and by the start of 2020 valuations were in the dumps. While they made a comeback when covid rally took place in 2020, multiple factors have kept the focus on the real estate stocks for the last more than two years. Given the changes which some laws have brought and the fact that some promoters have learnt the lesson the hard way, will the real estate stock be able to deliver consistent returns?

Meanwhile, its gross written premium increased to Rs 3,732 crore during the quarter as against Rs 3,193 crore a year ago.

The Federal Open Market Committee will keep rates unchanged at its two-day meeting ending Wednesday in a range of 5.25% to 5.5%, a level first reached in July. The rate decision and an accompanying statement will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes later.

"The only concern is the trajectory of US yields. While the recent increase from 1% to 5% hasn't yet significantly impacted India, a further rise, especially beyond 5.5-6%, could influence Indian yields. This might result in additional Foreign Institutional Investor (FII) selling, potentially causing corrections in the markets," Prashant Jain said last evening at the Morningstar Investment Conference in Mumbai.

This is in addition to the intervention on the Rs 99 prepaid plans by Vodafone Idea which was expanded to 15 circles in mid-August, the company said.

The domestic wires and cables industry is estimated to see a compounded annual growth of 13% over FY23-27, on the back of growth in real estate and infrastructure investments.The Indian wires and cables exports are expected to grow at a strong pace over the medium term on the back of the ‘China+1’ strategy of most global customers.

The Nifty50 index managed to reclaim 19000 levels on Tuesday amid short covering of existing short positions in the Index futures, suggest experts.

Airtel stock was trading 0.5% down on BSE on Wednesday at Rs 910 after the company reported a 37% year-on-year fall in its net profit to Rs 1,341 crore. While Jefferies has a target price of Rs 1,085 on the stock, CLSA sees it at Rs 1,110.

ASM or additional surveillance framework is part of the initiatives taken by the Securities and Exchange Board of India and stock exchanges to enhance market integrity and safeguard the interest of investors. ASM framework is based on objective parameters with price, volume variation, volatility, etc.