ETMarkets Smart Talk: Diwali 2024 outlook! Vikas Gupta on why banking and power sectors are poised for growth in Samvat 2081
There could be other reasons due to the middle east war escalation with potential to cause spike in crude oil prices and also potentially creating supply chain bottlenecks in the Asia-Europe corridor.
DIIs, not FIIs, are the real culprits of market pullback: Anurag Singh
Why should they buy? I mean, if everybody has to make their own judgment on what are they buying, what is their duration and what is their long-term perspective, if somebody is selling, will never repent for taking money off the table in markets as we say.
Paytm shares tumble 2% ahead of Q2 results today
Paytm Share Price: Shares of One97 Communications dropped 2.3% on BSE as upcoming quarterly results are expected to show increased revenue but widened losses, potentially reaching Rs 660 crore.
Ola Electric shares jump 4% after resolving 99.1% of 10,644 complaints from CCPA
Shares of Ola Electric Mobility surged 4.45% after it announced the resolution of 99.1% of over 10,000 complaints received from the CCPA. Despite recent declines, the company emphatically addressed criticisms concerning service delays, delivery issues, and misleading advertisements just before the regulatory deadline.
Hyundai India shares to list today. Will it light up D-Street?
Hyundai India shares debut today after the country’s largest IPO, with estimates suggesting a 3-5% gain over the issue price. Despite the issue being fully subscribed only on the last day, the company’s strong market position and focus on electric vehicles hint at promising long-term investment potential.
Q2 results today: Bajaj Finance, Paytm, Zomato among 70 companies to announce earnings on Tuesday
The earnings season sees 70 companies, including notable players like Bajaj Finance, Adani Green, Zomato, and Paytm, reporting their Q2 results for July-September 2024. Key expectations include significant revenue and profit jumps for Zomato and Bajaj Finance, while Paytm may face widened losses despite higher revenue growth.
Big movers on D-Street: What should investors do with Manappuram Finance, Raymond Lifestyles and 360 One Wam?
Benchmark indices Sensex and Nifty closed lower on Monday due to a sharp decline in Kotak Mahindra Bank and continuous foreign fund outflows. Manappuram Finance fell significantly after RBI restrictions on NBFCs. Raymond Lifestyles and 360 One Wam showed varied performance, with technical indicators showing possible recoveries under certain conditions.
Red October: FPI stock selloff at Rs 81,000 crore, highest in a month
The selloff in October is in contrast to their activity in the rest of 2024. So far this month, foreigners have sold stocks worth ₹6,100 crore daily on average. They were buyers to the tune of ₹500 crore daily on average between January and September.
Asian shares decline as bonds extend selloff
Shares in Australia, Japan, and South Korea all fell, while futures for benchmarks in Hong Kong pointed to losses. That’s after equities in the US dropped from nearly overbought levels, following a relentless advance to all-time highs.
Hyundai remitting IPO proceeds weighs on rupee
Outflows caused by Hyundai Motor routing funds to its parent in South Korea after the IPO also put pressure on the rupee, dealers said. The automaker is listing its stock in the biggest-ever IPO in the country – and the biggest initial share sale in the world in 2024.