Robust retail, O2C performance support Reliance’s quarterly growth: Sudip Bandyopadhyay
Reliance Industries showcased a robust quarterly performance, with its telecom segment leading the charge driven by strong ARPU and customer additions. The company’s retail and O2C segments also performed well, supported by festive demand and GST relief. Investors are anticipating future value unlocking from the upcoming Jio listing and the diversified portfolio.
Can Nifty touch 26,000 this Diwali? Muhurat trading trends hint at more upside
Indian stock markets are showing strong performance this festive season. The Nifty50 is nearing 26,000, driven by positive historical trends during Muhurat trading. Analysts expect continued gains, particularly in midcap and PSU bank stocks. Auto and realty stocks are also recommended for short-term traders. Specific stock recommendations include KANSAINER and RADICO.
Midwest IPO: How to check share allotment status on BSE and Kfin Technologies as GMP holds steady
Midwest’s Rs 451 crore IPO, which saw a massive subscription of 92.36 times, will finalize its allotment on Monday. Investors can check their status on Kfin Technologies or BSE websites. The company, a leading Black Galaxy Granite producer, is expected to list on October 24 with a potential listing price around Rs 1,160.
Nifty eyes record high of 26,277 amid upward momentum
Nifty closed higher for the third consecutive week, nearing its record high of 26,277. Analysts suggest banking, financials, and consumption-themed sectors like automobiles and FMCG are strong bets. Investors are advised to buy on dips, with cautious outlook for IT and media sectors.
September quarter shows double-digit profit growth across key sectors
Indian companies are showing robust profit growth, with a double-digit year-on-year increase in net profit for the fourth consecutive quarter. While sectors like oil, gas, and retail are performing well, banking, finance, and IT are lagging. Analysts anticipate a multi-quarter earnings upcycle, boosted by economic stimuli and policy measures.
Govt to revamp portal to speed up unclaimed shares and dividend payouts
The government is upgrading its portal to quickly return unclaimed shares and dividends to investors. This new system will use artificial intelligence and data analytics. The aim is to settle claims in just 15 days. Investors will also be able to use a mobile app to track their claims. This initiative will streamline the process […]
Diwali Stock Market Holiday: Are NSE and BSE open or closed today for Diwali 2025? Check now
Indian stock markets will operate on October 20. A special Muhurat trading session is scheduled for October 21, marking the new Samvat year. The markets will be closed on October 22. Experts anticipate festive optimism and corporate earnings to influence market sentiment. Investors are advised to focus on quality stocks.
Can Indian equities overcome volatility and deliver promising returns in Samvat 2082?
Indian stock markets delivered modest returns in Samvat 2081. The market faced volatility due to faltering earnings and foreign outflows. However, domestic buying showed resilience. Entering Samvat 2082, sentiment is expected to improve. Policy reforms and RBI liquidity infusion are anticipated. Earnings are projected to grow. A stock-specific strategy is advised for potential gains in […]
Where to invest Rs 10 lakh now? Experts decode portfolio strategy for next year
Retail investors saw a mixed year. Gold delivered strong returns, while the Nifty 50 offered modest gains. Geopolitical events and economic factors influenced these outcomes. Wealth management experts are now guiding investors on where to place ₹10 lakh in the next twelve months. This advice comes after a period of significant market fluctuations.
Global finance chiefs wait for cues from a Trump-Xi summit
Global economic outlook hangs in the balance. Finance chiefs await a potential meeting between US President Donald Trump and Chinese President Xi Jinping. Talks were dominated by trade spats and geopolitical distrust. Policymakers expressed relief that US tariffs had not caused a deeper slowdown. They also voiced dread about future risks. The meeting is crucial […]