Indian companies are experiencing a decline in shareholder dissent, with resolutions facing over 20% opposition from institutional investors dropping to 16% this fiscal year. Increased engagement with investors and a focus on minority shareholder interests are cited as contributing factors. Despite the overall decline, some resolutions related to board appointments and executive compensation still faced pushback from institutional investors.

A new study by the Securities and Exchange Board of India (SEBI) has revealed that listed companies in India frequently pay substantial royalties to related parties, often exceeding 20% of their net profits. The regulator is considering stricter regulations, including cumulative royalty limits and sunset provisions, to address concerns about potential financial risks and shareholder value erosion.

CLSA believes Reliance Industries' stock presents a good buying opportunity at its current price, predicting a potential 30% rise. Despite recent declines attributed to delays in Jio and Retail IPOs, the firm emphasizes the upcoming launch of new energy projects as a significant catalyst.

If included, Zomato and Jio Financial Services could see inflows worth $607 million and $372 million, respectively, said JM. BPCL and Eicher Motors could see outflows of $223-$239 million.

India witnessed its lowest monthly increase in demat accounts this financial year, adding 3.5 million in October, as market volatility, fueled by overseas fund withdrawals and a dip in benchmark indices, seemingly impacted investor sentiment.

Indian equity indices witnessed their sixth consecutive day of decline, marking the longest losing streak since October 7, as investor sentiment remained subdued. Despite signs of markets being oversold, the NSE Nifty fell by 0.11% while the BSE Sensex declined by 0.14%. Market analysts suggest a further slide is possible if Bank Nifty drops below its current level.

Indian companies, excluding oil and gas, reported solid double-digit profit growth for the seventh consecutive quarter, although the pace of expansion slowed. While banks and finance companies performed well, overall earnings were subdued due to a higher base effect and rising interest costs.

Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with investors awaiting Federal Reserve Chair Jerome Powell's comments later in the day for clues on the outlook for interest rates.

Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with investors awaiting Federal Reserve Chair Jerome Powell's comments later in the day for clues on the outlook for interest rates.

A Sebi study found that Indian listed companies paid royalty to related parties exceeding 20% of net profits once in four times. In half the cases, royalty payments exceeded dividends paid to non-related shareholders. 1,538 instances of royalty payments within 5% of turnover were observed, with 1,353 made by profitable companies and 185 by loss-making ones.

The 23,500-23,540 range serves as an immediate support zone for the index. A decisive break below 23,500 could lead to a further drop to the 23,300-23,200 levels, where trend line support exists. While the short-term trend remains down, a pullback rally is possible if Nifty holds above 23,500, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.

Remember some of the headlines the last time Donald Trump was US president? They had to do with Indian IT companies finding it tough to send personnel abroad – as well as high visa rejection rates. And what happened on the street? IT stocks came under pressure. Cut to 2024. Trump is president-elect. But there is no panic reaction on the street – at least where IT companies are concerned. Is there a reason why IT stocks are keeping their heads above water this time around? And will they be able to do so once Trump takes charge on January 20, 2025? The answer tilts towards a yes. But with some caveats.

Indian stock benchmarks Sensex and Nifty 50 closed lower on Thursday, dragged down by FMCG and energy stocks, as concerns over foreign outflows persisted. However, Eicher Motors surged 6.5% after reporting strong quarterly earnings.

Indian stock exchanges BSE and NSE will be closed on November 15 for Guru Nanak Jayanti. MCX will be closed in the morning session and NCDEX will be closed all day. Markets will also be closed on November 20 for Maharashtra Assembly elections.

Indian stock benchmarks Sensex and Nifty 50 closed lower on Thursday, dragged down by FMCG and energy stocks, as concerns over foreign outflows persisted. However, Eicher Motors surged 6.5% after reporting strong quarterly earnings.

Raamdeo Agrawal, co-founder of Motilal Oswal, predicts the Nifty could reach 30,000 when FIIs return. He advises investors to stay invested, citing India's strong economic fundamentals and high compounding potential. Agrawal believes that India's unique position as one of only two global markets offering reliable returns will attract FIIs back at higher valuations.

Europe's STOXX 600 rose at the open on Thursday, led by energy and technology stocks, as upbeat earnings supported gains in the benchmark.

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Thursday's trading session, five stocks witnessed a long unwinding. Here's the list:

This marks the second time the company has undertaken a stock split. In August 2005, Nava previously split its stock from a face value of Rs 10 per share to Rs 2 per share, according to Trendlyne data.

A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Thursday's trading session, five stocks saw fresh short positions being built. Here's the list:

Indian stock exchanges BSE and NSE will be closed on November 15 for Guru Nanak Jayanti. MCX will be closed in the morning session and NCDEX will be closed all day. Markets will also be closed on November 20 for Maharashtra Assembly elections.

Jio Financial Services and Zomato are likely to join the Nifty 50, replacing BPCL and Eicher Motors, according to a JM Financial report. This signals a shift towards India's booming financial and digital sectors. The NSE recently added 45 stocks to its F&O segment, including Zomato, DMart, BSE, YES Bank, Paytm, and LIC.

The SME IPO of Onyx Biotec, which opened for subscription on Wednesday, has been subscribed 6 times by the second day of the bidding process, with 2,09,06,000 bids received against the 34,44,000 shares offered.

When there is a correction and the market breadth is as bad as it has been these past few weeks, it is difficult to stay rational. Yet, the need to stay rational is the highest at this point of time. This is when you need a strong enough reason to buy a stock – and an equally strong reason to sell a part of your portfolio. In the latter case, the fear is that you might end up selling early. For those who think that is not a major issue, just recall the events of 2022 at the start of the Ukraine war. All those who sold in panic then have only earned regrets as returns.

Suzlon’s positive momentum is fueled by securing a major 1,166 MW wind energy order from NTPC Green Energy, boosting its order book to a record 5.1 GW. This strong order pipeline enhances Suzlon’s revenue visibility and stability, positioning the company well for sustained growth and reliable long-term earnings.

When multiple mutual fund (MF) schemes invest in a particular stock, it often boosts investor confidence. As of October 2024, 186 stocks were found to be held by more than 100 mutual fund schemes. According to the latest analysis by ETMarkets, 44 of these stocks have seen a price increase of over 25% in the current fiscal year (FY25) and are owned by over 100 MF schemes. Among them, we’ve highlighted 13 stocks that have delivered gains of over 50% in FY25 so far. (Data Source: ACE MF, ACE Equity)

Japan's Nikkei share average closed lower for a third-straight day on Thursday despite the yen falling to fresh lows, as major technology stocks tracked their U.S. peers lower.

Niva Bupa shares debuted at Rs 78.5 on the BSE, a 6.1% premium over the issue price, and at Rs 78.1 on the NSE, slightly exceeding expectations. Supported by strong retail investor demand, Niva Bupa Healthcare’s IPO successfully closed on the final day of bidding.

Amid heavy selling by foreign institutional investors (FIIs), the Nifty has already dropped 10% from its record high of 26,277 on September 27, with analysts now setting targets as low as 21,300 for India's benchmark index.

HDFC Securities has initiated coverage on Swiggy, assigning an "Add" rating with a target price of Rs 430, based on the company's strong brand presence and user base. While the brokerage is optimistic about Swiggy's growth potential in quick commerce, it cautions that operational challenges may affect long-term profitability.

Swiggy's shares dipped 5.6% after debut, despite a 17% premium. Analysts suggest balancing growth potential with ongoing losses and risks, with focus on operational efficiency.

The NSE includes only highly liquid stocks in the F&O segment, ensuring they meet a minimum average daily turnover and display stable price movements. This selection process helps foster a more secure environment for derivatives trading.

Swiggy's shares dipped 5.6% after debut, despite a 17% premium. Analysts suggest balancing growth potential with ongoing losses and risks, with focus on operational efficiency.

PI Industries shares dropped 9% despite a 6% YoY rise in Q2 profit, driven by biological growth and improved gross margins. However, domestic revenue saw a decline.

Tata Power subsidiary completed a large floating solar project in Madhya Pradesh. The 126 MW project uses over 200,000 solar modules. It generates a significant amount of energy and reduces carbon emissions. The project overcame challenges like fluctuating water levels. It supplies power to the Madhya Pradesh Power Transmission Company.

Nalco share Price: National Aluminium Company (Nalco) witnessed a remarkable five-fold surge in its consolidated profit for the September quarter, reaching Rs 1,045.97 crore, driven by robust revenue growth. The company's board has announced an interim dividend of Rs 4 per share. Nalco's shares, despite a recent dip, have shown impressive growth this year.

Varun Beverages' shares rose 5% after the company launched a qualified institutional placement (QIP) to raise Rs 7,500 crore. The floor price for the issue is set at Rs 594.56 per share, representing a 1.5% discount. This move comes as the company reported a 22.3% rise in net profit for the third quarter, reaching Rs 628.83 crore.

The IT stock climbed from Rs 381 on November 13, 2023, to Rs 570 on November 12, 2024, marking a 49.6% gain over the year. Riding this momentum, Wipro reached a 52-week high of Rs 583 on November 11, 2024. After testing the 100-DMA in August, the stock rebounded steadily, trading within an Ascending Channel pattern.

Hindustan Aeronautics (HAL) shares have dropped 28% from their July peak, currently finding support around Rs 4,000. Analysts see a potential bounce to Rs 4,300, but a close below Rs 4,100 could push the stock down to the Rs 3,700-3,850 range.

Vodafone Idea reported a smaller net loss of Rs 7,176 crore in Q2 FY25, helped by revenue growth and tariff hikes. Despite this, the telco's subscriber base shrunk due to the price increases. Vodafone Idea's future hinges on securing debt funding, as highlighted by analysts.

Apollo Tyres' shares rose 3% despite a 37% drop in Q2 profit to Rs 297 crore, attributed to weak demand in India and rising raw material costs. While European operations showed growth, the Indian market suffered from a slowdown in the commercial vehicle segment. Analysts maintain optimistic outlooks, citing potential for pricing improvements and robust European performance.

Nalco share Price: National Aluminium Company (Nalco) witnessed a remarkable five-fold surge in its consolidated profit for the September quarter, reaching Rs 1,045.97 crore, driven by robust revenue growth. The company's board has announced an interim dividend of Rs 4 per share for FY24-25. Nalco's shares, however, experienced a 2.7% dip, closing at Rs 219.8 on the BSE on Wednesday.

Varun Beverages, PepsiCo's top bottler, has initiated a qualified institutional placement (QIP) to raise Rs 7,500 crore for expansion. The floor price is set at Rs 594.56 per share. The company's stock is also newly listed on the F&O segment. This comes after a strong Q3 with a 22.3% YoY surge in net profit, reaching Rs 628.83 crore.

Sensex and Nifty open higher, supported by HDFC Bank, RIL, and IT stocks, amid positive US inflation data.

The Indian market is predicted to stabilize, influenced by global trends and indicated by India VIX's surge. Nifty future experienced losses, closing at 23,696. Analysts suggest a trading range between 23,200 to 24,000 for Nifty, with potential weakness below 23,650.

Global brokerage firms, including Goldman Sachs, have highlighted promising investment opportunities in key stocks. Goldman Sachs, in particular, has expressed continued confidence in Eicher Motors and Larsen & Toubro (L&T), citing strong growth drivers and solid performance indicators for both companies.

Shares of Eicher Motors, the manufacturer of Royal Enfield, surged 7.5% to a high of Rs 4,934.50 on the BSE on Thursday, following the company’s announcement of an 8% increase in standalone net profit, reaching Rs 1,010 crore for the quarter ending September 2024.

Apollo Tyres reported a 37% drop in quarterly profit, primarily due to weak demand in the Indian market and increased raw material costs. Despite growth in the European passenger vehicle segment, the company's overall performance was impacted by a slowdown in the commercial vehicle segment in India.

Tata Power Renewable Energy Limited has successfully commissioned a 126 MW floating solar project in Madhya Pradesh, India. The project, located on the Omkareshwar reservoir, is one of the largest in the country and will generate enough clean energy to power thousands of homes.

Vodafone Idea reported a smaller loss of Rs 7,176 crore in the September quarter compared to last year. Revenue rose to Rs 10,932 crore. The company's EBITDA improved, reaching Rs 4,550 crore. Vodafone Idea's subscriber base decreased slightly, but postpaid customers increased. JPMorgan maintained a neutral rating on the company's stock.