BUSINESS
Nifty below 23,600 as stocks sell off on earnings, valuation overhang: Key factors
Valuation concerns and earnings downgrades have continued to weigh on investor sentiment on November 13, with markets further weighed down by a negative inflation reading.
BUSINESS
Equitas SFB sees MFI stress for another two quarters after higher provisions dent profit
The worsening of the lender's MFI portfolio meant the first half of the year was 'turbulent' at an industry level, PN Vasudevan, MD, Equitas SFB said.
BUSINESS
An extended wedding season is coming up, promising Rs 6 trillion extravaganza
This fiscal, H2FY25 will see 41 wedding days whereas last fiscal, the second half saw 30 dates, promising an extended period of celebration, and with it, an extended opportunity to boost economic activity.
BUSINESS
ITI, Sterlite Tech bag L1 status for BharatNet orders, reviving interest in shares of optic fibre plays
Companies in the business of optic fibre service are betting on a rising demand, Sterlite Tech has said, helped by a declining inventory with customers and rising government spending on connectivity projects.
BUSINESS
'Trump whale' Theo raked in over $50 million on Polymarket after commissioning his own poll
'Theo' used four different accounts to place his bets, and got in touch with Wall Street Journal weeks before the US Presidential election, once his trades started to find wider attention.
BUSINESS
May have made the high for the year, says Ramesh Damani, expect a phase of consolidation
Market veteran Ramesh Damani expects Indian markets to now consolidate for the next 2-3 months, once the US election euphoria settles down, and feels the high for the year has been made.
BUSINESS
America all set for Trump 2.0, here's why the US smallcap index is on fire
US stock traders are anticipating that smallcap shares may benefit from lower taxes and tariff barriers under a Trump 2.0 administration.
BUSINESS
Trump or Harris: Close fight makes Dow Jones jittery after best YTD rally in an election year
US stocks have had a strong year so far but Dow Jones is now looking shaky near 42,000 to some chartists, as investors await clarity on the outcome of the race for the White House.
BUSINESS
Bernstein fears Street not pricing in earnings miss, sees Nifty down to 23,500 by December
Bernstein said it expects a 'further but limited moderation' in Nifty from present levels to around 23,500 — which is also its year-end target for the index.
BUSINESS
ABB India sees demand from data centres, order visibility for next 3-4 quarters
ABB India maintained a positive outlook on the state of the Indian industry and acknowledges that it is seeing participation of private capex along with public sector capex in the economy.
BUSINESS
Royal Enfield unveils Flying Flea, a 250-750cc electric bike for urban mobility
The category will have the classic-styled Flying Flea C6 and a scrambler-styled Flying Flea S6 - both loaded with connectivity features, Royal Enfield said.
BUSINESS
Trump or Harris: Stock market's reaction to the US election outcome may differ
Some surveys have showed both Trump and Harris locked in a tighter race, adding to the stock market jitters as equities look for clearer signs ahead of the US election.
BUSINESS
Hero Moto CEO says rural festive sales caught up with urban this year
CEO Niranjan Gupta added this was the second year in a row that the company clocked record festive sales, and rural demand has been reviving.
BUSINESS
Royal Enfield set to go electric with new launch on November 4, teaser reminds of a World War-era airdropped model
Royal Enfield's website says this new category of electric two-wheelers from Royal Enfield answers the call for "urban mobility offering a sophisticated, nimble and connected experience."
BUSINESS
Pakistan International Airline gets lone bid at nearly one-eighth of minimum price in privatisation process
Blue World Group had said that it plans to revive the airline by getting aircraft on lease, and seek financial support from Chinese and Turkish investors.
BUSINESS
Gold's global demand exceeded $100 billion for the first time in September quarter
The soaring demand is reflecting in the gold price as well, which has hit a fresh high of over $2,775 an ounce, rising by over 33% so far this year.
BUSINESS
Apple may tap India for early manufacturing work on an iPhone 17 base model: Report
This also assumes significance, as it will be the first time that Apple would be developing a new iPhone outside of China.
BUSINESS
China's rich list shrinks as economy battles challenges, AI adding new money at rapid pace, shows Hurun report
The traditionally dominant sectors that created wealth such as real estate has started to give way to tech, new energy, consumer electronics, e-commerce, consumer products and healthcare, the report showed.
BUSINESS
Maruti Suzuki saw double-digit festive sales growth but demand is a worry
Maruti Suzuki said it has been calibrating production to reduce dealer inventory, which had reached well over 30 days, and the measures will start showing results from the end of this month.
BUSINESS
HAL set to get supplies of GE's F-404 engines for Tejas LCA from March: CNBC-Awaaz
To meet the demand, HAL's new facility at Nashik is expected to help ramp up production capacity to 24 fighter jets annually, from current 16.
BUSINESS
Confident of 'very strong growth' in third and fourth quarter, says DEA Secretary Ajay Seth
Ajay Seth said the overall growth for the year should be in the order of 7%, as forecast by IMF as well as RBI.
BUSINESS
Growth here to stay as rural economy revives, but risks to inflation remain, says RBI Governor Shaktikanta Das
Shaktikanta Das said there is 'some narrative' that the festive season sales this year may have slowed down or that there was some unseasonal rain, however, these negatives are outweighed by positives.
BUSINESS
Chartists cautious after a four-week selloff even as index rebounds in trade
Last week's market selloff led to a wealth erosion of over Rs 20 lakh crore in BSE-listed shares. Chartists have adviced investors to be cautious and let the market settle down, especially in the broader segment.
BUSINESS
INOXGFL Group says another fund raise for GFL subsidiary GFCL EV 'very soon'
The promoters have diluted 4% stake in GFCL EV with this Rs 1,000 crore fund raise, which values the EV battery business at Rs 25,000 crore.
