Its total business surged 22.8% on a year-on-year (YoY) basis to a provisional Rs 4,22,419 crore while deposits increased 22.2% to Rs 2,39,306 crore. Its current account and savings account (CASA) deposits registered growth of 10.1% to Rs 1,21,345 crore compared with the year-ago period.

The board of directors of Nestle India will consider the proposal of sub-division of shares of the company of face value Rs 10 each on October 19. This proposal will be considered along with the earnings for the September quarter.

Maruti Suzuki said that it planned to challenge the October 3 order and that business would not be affected by it.

The stock rose from Rs 228 as of 30 August 2023 to Rs 297 which is the record high registered on 29 September 2023. The upside translates into a rally of about 30% in a month.

The 10-year benchmark bond yield was at 7.2442% as of 10:00 a.m. IST after hitting 7.2612%, its highest since April 18, earlier in the session. The bond closed the previous session at 7.2327%.

Dr. Reddy’s Laboratories’s daily trend is sideways to bullish. The RSI for weekly and daily are showing sideways momentum, however, the RSI for monthly is showing bullish momentum. Based on option chain analysis, the range is between 5300 and 5600. Let’s plan a trade around this.

While the repo rate and the stance of “withdrawal of accommodation” may be left unchanged, the tone of the central bank is likely to be slightly hawkish, particularly on the inflation front, in the backdrop of the current domestic and global environment.

Metro Brands is India’s one-stop-shop footwear retailer, with offerings across genres and for all occasions. The company looks well positioned to capitalize on the emerging growth opportunities in footwear retailing given its focused approach, contemporary designs, and sustained launch of new licensed brands, says Vikram Kasat of Prabhudas Lilladher.

Jefferies maintained a buy rating on HDFC Bank with a target price of Rs 2030. The management rejig was aimed to enhance focus on execution.

GIFT Nifty on the NSE IX traded higher by 9.5 points, or 0.05 per cent, at 19441, signaling that Dalal Street was headed for muted start on Wednesday. Here's a slew of stocks that will be in focus today for various reasons.

ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Avenue Supermarts and PNB, while Nooresh Merani has a buy/sell recommendation on Indigo and SBI for today's trading session. Check out the targets and stoploss.

IRFC has outperformed not just Nifty50 which has given 13% returns, but has also left behind many of its peers by a huge margin, namely Ircon International (259%), RITES (42%), RailTel (106%), Texmaco (11%) and Titagarh Rail (65%). It is trailing Rail Vikas Nigam (RVNL) which has yielded 379% returns during this period.

From the Sensex stocks, Maruti, UltraTech Cement, Bajaj Finserv, Tata Steel, and HDFC Bank opened lower, while only Nestle India and HUL opened higher.

India VIX was up by 2.95% from 11.50 to 11.78 levels in the previous trading session. Volatility was slightly on the rise and made the market move in a choppy manner with the absence of strength to the bulls.

Sensex tanks over 400 points, Nifty near 19,400; UltraTech falls 3%, Nestle gains 2%; Hindustan Liver, Bajaj Finance are some of the gainers in the morning trade.

The headline index closed with a loss after a listless day.

Metro Brands has created a pure retailing model in footwear with 766 stores across segments, price points and geographies with brands like Metro, Mochi, Walkaway, Crocs and Fitflop. Further, Metro Brands recently marked its entry into the sports and athleisure segment through the acquisition of Cravatex Brands. It has acquired the license for the popular brand FILA for India and plans to scale this up like it had done with Crocs in the past.

ETMarkets did a further analysis of stocks that have given positive returns to investors consistently in October in the last three years.

Updater Services, a leading integrated facilities management services provider, made its debut on the NSE at a 5% discount to the IPO price of Rs 300. The IPO, which raised Rs 640 crore, was subscribed 2.9 times overall. The company's services cater to various sectors, including FMCG, manufacturing, BFSI, healthcare, and IT/ITeS. The net proceeds from the IPO will be used for working capital, debt repayment, and pursuing inorganic initiatives.

In the Nifty500 pack, four stocks are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on October 3.

Sectors like autos, financial services, jewellery, hotels, real estate, and hospitals among others will likely benefit from the growth in India's affluent households. There are 10 stock picks that BNP Paribas believes are well aligned with the affluent India theme. Here's a list:

During these six months, the ratings upgrades-to-downgrades ratio by both credit ratings companies was nearly 2:1, i.e., for every two companies which were upgraded, one was downgraded. A ratio of one or more indicates more upgrades than downgrades, and is a positive sign for the economy and the corporate sector.

After remaining net sellers from April to June, FIIs have poured in Rs 7,101 crore from July till September 15, at a time when management commentary and guidance from IT majors painted a stark picture for the sector, show NSDL data.

In the Nifty500 pack, we have collated a list of four stocks that witnessed a 5-year swing high at the close on October 3, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years.

In the Nifty500 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 3, 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.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4% to its lowest since November, with Australian shares also hitting an 11-month trough and South Korea's Kospi back from a break with a 1.8% fall.

However, there were broad signs of softening in the service industry, which has underpinned the world's third-biggest economy over recent quarters amid weak global demand for its manufactured goods.

U.S. gross domestic product is still expanding at a pace well above what Federal Reserve officials regard as the non-inflationary growth rate of around 1.8%, often referred to as the "potential" growth rate.

Stocks that were in focus included names like Eicher Motors, which fell 2.68%, Network 18, which rose 8.07%, and Escorts, whose shares declined 1.73% on Tuesday.

There has been a secular improvement in the financials of rated companies for the third straight fiscal year, rating agencies said Tuesday after their debt-servicing assessment of borrowing corporates. Although the relative pace of upgrades has slowed, even the junk-bond category is witnessing upgrades, reducing the possibility of defaults.

The S&P 500 index closed at its lowest level since June 1 on Tuesday as economic data underscored the view the Federal Reserve may need to keep interest rates high.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4% to its lowest since November, with Australian shares also hitting an 11-month trough and South Korea's Kospi back from a break with a 1.8% fall.

Avenue Supermarts, which operates retail chain DMart, has reported an 18% increase in its standalone standalone revenues at Rs 12,308 crore for the second quarter ended September.

“GM Breweries stock has formed a rounding bottom pattern keeping its base near 1-year resistance. Traders can buy for a target of Rs 800-810 in the next 1 month and a stop loss can be placed below 675 on a closing basis,” Jay Patel, Research Head at Investmentor Securities Limited, said.

Headquartered in the US, with over 19,000 employees in eight markets, Everise provides customer service solutions to some of the world’s leading healthcare companies. As part of the transaction, Everstone Group, the Singapore-headquartered private equity firm will exit its investment in Everise, said the release.

IHC boosted its holding in Adani Group flagship AEL to more than 5% from the 3.53% stake it first acquired in May 2022 for ₹7,700 crore. The investor last week disclosed that it would sell its stakes in Adani Green Energy and Adani Energy Solutions (formerly Adani Transmission).

Domino's sent messages to its subscribers last week alerting them about an "epic price drop on large pizzas". The pizza chain said prices of vegetarian large pizzas have been reduced from Rs 799 to Rs 499, and that of non-veg large pizzas from Rs 919 to Rs 549. "Pay less, get more," the company said in the messages.

HDFC Bank chief executive Sashidhar Jagdishan has split retail loans into mortgage and non-mortgage segments, with two group heads and two regional heads for branch banking, which would be pivotal for liability growth - a key investor metric for the biggest Nifty constituent by weighting.

The Securities and Exchange Board of India (Sebi) said the next of kin or legal heirs of a deceased investor could notify the death through KYC registration agencies (KRAs), such as stock exchanges and stock depository arms, as part of the revamped transfer process that comes into effect from the New Year.

Finolex Cables' scrutiniser, in a disclosure submitted to the stock exchange, has revealed that, in light of the Supreme Court's directive, the voting results are kept in abeyance until the National Company Law Appellate Tribunal (NCLAT) passes its final orders.

With order books at probably the highest levels in recent years, market participants are willing to ignore record-high valuations in many of these stocks. L&T remains the top pick of analysts. Others include KNR Infra, NCC, Ashoka Buildcon, KEC International, and Kalpataru.

"FPI selling on one hand and domestic participants buying is creating a performance gap in stocks where FPI holding is higher," said Siddarth Bhamre, research head of Religare Broking.

Two funds backed by Oaktree Capital subscribed to the non-convertible debentures maturing on March 27, 2025. Vedanta has offered a 12% upfront cash coupon and will also pay an 'arrangement coupon,' documents show.

The brewery stock gave a breakout from a 1-year-long consolidation earlier in September, which opened room for the stock to head towards Rs 700 levels. The neckline of the breakout was placed around Rs 650 levels. It consolidated in a narrow range where Rs 650 on the higher side acted as resistance while on the downside support was seen above Rs 500 levels on the daily charts

Yields on 10-year and 30-year U.S. government bonds hit their highest since 2007, pushing Apple, Tesla and Alphabet lower around 1% each

Tata Technologies is gearing up for its highly anticipated Initial Public Offering (IPO), with plans to offer a total of 9.57 crore shares to the investing public. This move will mark a significant step for the company, as it prepares to enter the capital market.

International Holding Co (IHC) on Tuesday said that it has increased its stake in Adani Enterprises to above 5%. “This strategic increase reflects IHC's conviction in the world-leading incubation model of AEL and we believe that the inherent strength of Airports, Data Centers, Green Hydrogen, and various other verticals being incubated under AEL and that AEL is poised to uniquely capitalise on India’s robust growth journey,” the company said in a statement.

Indian shares closed lower on Tuesday, dragged by auto stocks on mixed sales data in September. The BSE benchmark Sensex fell 0.48% to settle at 65,512, while NSE Nifty ended below the 19,550 level."Looking ahead, the level of 19,480 is expected to serve as a pivotal "make or break" point. If there is a decisive decline below 19,480, it might trigger heavy selling in the market. On the upside, 19,600 will continue to remain a significant resistance level," said Rupak De, Senior Technical analyst at LKP Securities.Here are 5 stock recommendations for Wednesday:

Stock split, particularly in high value stocks, helps in improving liquidity in the counter while also rewarding stakeholders. The “Maggi” noodles maker has been one of the best performing Nifty 50 stocks in 2023. It has given nearly 14% returns year-to-date, and touched a 52-week high of Rs 23,395.35 in July

EBITDA per tonne reflects how effectively a cement company manages to turn its output into profits. The higher the EBITDA per tonne, the higher the profitability of the company and the higher the competitive advantages. These 5 cement stocks had the highest EBITDA/tonne in Q1 FY24: (Source: Stock edge)