U.S. stocks saw mixed results on Wednesday as October's consumer price index met expectations, bolstering predictions of a December interest rate cut by the Federal Reserve. The CPI's 0.2% rise, aligning with forecasts, pushed trader bets for a rate cut above 80%.

A strong break below 23,500, will push the index further lower to 23,300-23,200 levels, where the trend line support is placed. Overall, market sentiment appears to be negative, but we'll have to see how the Nifty behaves around the 200-DEMA support, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.

A strong break below 23,500, will push the index further lower to 23,300-23,200 levels, where the trend line support is placed. Overall, market sentiment appears to be negative, but we'll have to see how the Nifty behaves around the 200-DEMA support, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.

US consumer price data was in line with expectations on a headline basis, although the annualized three-month core rate picked up. Overall, the numbers were supportive of a potential Fed cut in mid-December with swaps traders increasing the likelihood to around 80% from about 56% earlier Wednesday.

Shares of Eicher Motors will be in focus today as the company reported a 8% growth in its standalone net profit at Rs 1010 crore in the quarter ended September 2024.

The Sensex and Nifty have dropped 10% from peaks on September 27, resulting in the indices entering the technical corrective phase. When an index falls 10% from its peak in a short span, it's considered a correction. A 20% decline makes it a bear phase.

The stock of Aptus Value Housing Finance India has fallen by 18.5% over the past month amid weakness in the broader market despite posting double digit growth in disbursements and higher RoE for the September quarter.

The move is a part of the open offer for REL launched by entities controlled by the Burman Family and comes after a nod from the competition regulator and the insurance watchdog.

Morgan Stanley, Societe Generale and another entity on Wednesday picked up a total of 1.77 crore, or 6.82 per cent stake, of PNB Housing Finance through open market transactions worth Rs 1,664 crore. According to bulk deal data available on the National Stock Exchange (NSE), Morgan Stanley through its arm Morgan Stanley Asia Singapore purchased over 1.42 crore shares or a 5.4 per cent stake in PNB Housing in two transactions.

Generative AI has the potential to significantly impact the global economy. India is predicted to see substantial GDP growth due to AI by 2029-30. The digital economy is also expected to grow considerably. However, challenges like job market disruptions and cybersecurity threats need to be addressed.

NARCL has increased its bid to acquire the debt of Jaiprakash Associates to ₹12,000 crore. The revised offer comes as the company's appeal against insolvency proceedings is pending. The offer involves an upfront cash payment and security receipts guaranteed by the government. Lenders are currently evaluating the offer as a potential resolution to the long-delayed insolvency case.

This follows CFM offering ₹78 crore to take over Carnival's ₹1,290 crore debt from rival JC Flowers ARC, which did not get any challenging bid by the October 31 deadline, people familiar with the matter said.

The stock closed 17% above its issue price at ₹455.95 in a weak market, surpassing analysts' expectations of a tepid debut. The company's market capitalisation at close on Wednesday was ₹1.02 lakh crore.

Why are mid- and small-cap stocks seeing more selling pressure? The answer lies in a couple of things – and their coming together at the same time. First is the approaching deadline to implement measures announced by the market regulator in the early part of the year to curb excessive speculation in the mid-cap segment. The second: Historically, mid-caps tend to weather the early part of a bearish phase well – but if the correction persists for a period of time, then they all come under pressure. Should the correction be bought? Sure. But it depends on what you are buying and what your time frame is.

Bata India Ltd's stock shows potential for a rebound after finding support at the lower band of a falling wedge pattern. Technical indicators, including a positive RSI divergence, suggest a possible upward move towards Rs 1,385-Rs 1,450, according to analysts.

Select stocks gain momentum even in volatile markets.

Indian stock markets experienced a significant drop on Wednesday, with the Sensex plummeting over 980 points and the Nifty falling below 23,600. This decline was primarily fueled by a surge in inflation, which dampened expectations of an interest rate cut in the near future. The slump was further exacerbated by disappointing corporate earnings and a consistent outflow of foreign investments.

Donald Trump's election victory has driven US stocks to record highs and boosted the dollar, while global markets suffer. Non-US equities, developing-market currencies, and European assets are tumbling, amid fears of trade tariffs and disruptive policies under Trump's "America First" agenda.

Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to cut interest rates in December.

Relentless selling by FIIs amid weak corporate earnings and a sharp surge in domestic inflation impacted investor sentiment as Sensex nosedived over 1000 points on Wednesday."This trend is mirrored across all emerging markets, as markets are jittery about future US policy actions, including trade-related implications for the world economy, which is reflected in the strengthening US dollar and rising yields," said Vinod Nair, Head of Research, Geojit Financial Services.Here are 5 stock recommendations for Thursday

Markets regulator Sebi on Wednesday exempted InvITs and REITs from specific lock-in and allotment restrictions when issuing units to an employee benefit trust under unit-based employee benefit (UBEB) schemes.

The stock of Aptus Value Housing Finance India has fallen by 18.5% over the past month amid weakness in the broader market despite posting double digit growth in disbursements and higher RoE for the September quarter.

Morgan Stanley, Societe Generale and another entity on Wednesday picked up a total of 1.77 crore, or 6.82 per cent stake, of PNB Housing Finance through open market transactions worth Rs 1,664 crore. According to bulk deal data available on the National Stock Exchange (NSE), Morgan Stanley through its arm Morgan Stanley Asia Singapore purchased over 1.42 crore shares or a 5.4 per cent stake in PNB Housing in two transactions.

Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to cut interest rates in December.

Markets regulator Sebi on Wednesday proposed raising the maximum investment limit by an angel fund in a startup to Rs 25 crore, a move that can provide a boost to the new-age technology companies.

Higher availability of domestic credit and the volatile currency that pushed up hedging costs prompted Indian firms to go slow on overseas borrowings.

Sebi is considering regulating Angel Funds under its norms following the abolition of Angel tax. A consultation paper highlighted gaps in operational clarity and investor suitability. Sebi suggests revising existing norms to provide more flexibility and ease of operations.

India's markets regulator on Wednesday proposed changes to the regulatory framework for custodians, including doubling their minimum net worth requirement.

A decisive break below 23,500 could drive the index further down to the 23,300-23,200 range, where trend line support is located. While the overall market sentiment seems negative, it remains to be seen how Nifty performs around the 200-DEMA support, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.

India's markets regulator on Wednesday proposed changes to the regulatory framework for custodians, including doubling their minimum net worth requirement.

Donald Trump's election victory has driven US stocks to record highs and boosted the dollar, while global markets suffer. Non-US equities, developing-market currencies, and European assets are tumbling, amid fears of trade tariffs and disruptive policies under Trump's "America First" agenda.

Shares of Swiggy surged 9% to Rs 449 on BSE on Wednesday after debuting at Rs 412, with the company's market capitalization crossing the Rs 1 lakh crore mark. Despite the strong price movement, Swiggy's debut was considered muted, with a modest 8% premium over its issue price.

Food delivery giant Swiggy debuted on the stock market with a modest 8% premium, reaching a market capitalization exceeding ₹1 lakh crore. Despite a lukewarm response from non-institutional investors, the IPO saw strong interest from institutional and retail investors.

Indian stock markets experienced a significant drop on Wednesday, with the Sensex plummeting over 980 points and the Nifty falling below 23,600. This decline was primarily fueled by a surge in inflation, which dampened expectations of an interest rate cut in the near future. The slump was further exacerbated by disappointing corporate earnings and a consistent outflow of foreign investments.

Bitcoin recently surpassed silver to become the 8th largest asset globally, with a market capitalization of $1.752 trillion, edging out silver at $1.726 trillion. The cryptocurrency surged 9% to reach $88,570 in the past 24 hrs.. (as on Nov 12), driven by optimism around Donald Trump’s election victory and expectations of a more crypto-friendly U.S. government.

Indian stock markets experienced a significant drop on Wednesday, with the Sensex plummeting over 980 points and the Nifty falling below 23,600. This decline was primarily fueled by a surge in inflation, which dampened expectations of an interest rate cut in the near future. The slump was further exacerbated by disappointing corporate earnings and a consistent outflow of foreign investments.

Acme Solar Holdings listed at a 13% discount to its issue price, indicating subdued investor response. The company operates in the promising renewable energy sector and has shown strong growth and improved profitability. However, the high debt-to-equity ratio remains a concern.

Food delivery giant Zomato welcomed rival Swiggy’s debut on Dalal Street on Wednesday through a post on X, formerly known as Twitter.

Indian stock markets experienced a significant drop on Wednesday, with the Sensex plummeting over 980 points and the Nifty falling below 23,600. This decline was primarily fueled by a surge in inflation, which dampened expectations of an interest rate cut in the near future. The slump was further exacerbated by disappointing corporate earnings and a consistent outflow of foreign investments.

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RIL shares have faced notable pressure in recent months, declining 10.2% over the past 6 months and 13.9% in the past 3 months. Despite this, the stock is up 8.9% over the past year.

Food delivery giant Swiggy debuted on the stock market with a modest 8% premium, reaching a market capitalization exceeding ₹1 lakh crore. Despite a lukewarm response from non-institutional investors, the IPO saw strong interest from institutional and retail investors.

Just a few weeks back, when the Chinese economic stimulus package was being talked about on the street, it was all about metal stocks and how metal prices were going to rise due to a possible demand revival in China. But with Donald Trump now president-elect in the US, the narrative has changed – and metal stocks have also corrected. It is probably time to be a contrarian and get them on your watchlist as a surprise from China can never be ruled out. 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.

While the headline indices will be treated in bear grip if they fall below 20% from the peak, retail investor portfolios are already reflecting signs of a bear market as more than 900 stocks above Rs 1,000 crore market capitalisation are down at least 20% from their 52-week high levels.

Interestingly, the wealthy strive to give back and create a positive impact. Around 82% of respondents indicated they are either involved in philanthropy now or plan to start within the next two years.

Siemens Energy jumped 19% after the utility sector supplier raised its mid-term margin target and set a new record for its order book.

One of South Korea’s largest retail brokerages, Kiwoom Securities Co., now plans to bundle Class B shares into an exchange-traded fund enhanced with derivatives—an approach Warren Buffett might disapprove of. Kiwoom has partnered with Milwaukee-based Tidal Investments to launch an ETF aiming to deliver 200% of Berkshire’s daily performance, according to a regulatory filing.

Wall Street's three major indexes closed lower on Tuesday, as investors booked some profits from a post-election rally and waited anxiously for U.S. inflation data due this week.

The IPO of Zinka Logistics, operator of the BlackBuck platform, has been subscribed 21% on its first day of bidding. As of 1:15 pm, the issue received 46,70,514 bids out of the total 2,25,67,270 available. Retail investors led the demand with a 35% subscription, followed by qualified institutional buyers (QIBs) at 26%.

India’s market capitalisation reached $ 5 trillion in May 2024 and grew to $ 5.4 trillion by November 2024.