Market Trading Guide: Buy Kalpataru Projects, Asahi India and 3 more smallcap stocks on Thursday for up to 10% potential returns
Nifty extended its decline amid weakness in IT, auto, and metal stocks, nearing key support at 25,525. Analysts see bearish momentum below 25,590 but stability above 25,700. Stock recommendations for Thursday include Kalpataru Projects, Minda Corp, Siyaram Silk Mills, Asahi India Glass, and CCL Products with bullish technical setups.
Fairfax-backed CSB Bank reports 16% YoY rise in net profit to Rs 160 crore
Fairfax-backed CSB Bank reported a 16% YoY rise in Q2 profit to ₹160 crore, driven by higher interest income and 16% NII growth to ₹424 crore. The bank plans to expand its retail, SME, and NRI businesses, including a new Dubai office, while maintaining a conservative gold loan strategy.
Housing prices appreciate 7-19 pc in Jul-Sep across top 8 cities: PropTiger
India’s top 8 housing markets experienced a 7-19% price increase in the July-September quarter, driven by robust demand. Delhi-NCR led with a 19% surge, fueled by luxury property demand and infrastructure upgrades. Bengaluru and Hyderabad also saw significant double-digit growth, reflecting strong market fundamentals and buyer confidence across major Indian cities.
Mahindra & Mahindra shares may rally up to 22%, brokerages say after Q2 results. Should you buy, sell or hold?
Nomura and Nuvama reiterated ‘Buy’ ratings on Mahindra & Mahindra after strong Q2 results, projecting up to 22% upside on robust SUV demand, farm segment growth, and rising margins driven by new launches and PLI benefits.
Tech stocks pull European shares lower; earnings in focus
European shares dipped to a two-week low on Wednesday, mirroring global investor nervousness over elevated equity valuations. Technology stocks led the decline, while Novo Nordisk slipped after issuing a cautious profit forecast. However, Vestas shares surged on better-than-expected earnings.
All eyes on Lenskart IPO allotment date after investor frenzy: Check status online, GMP and listing outlook
Lenskart IPO: Lenskart Solutions’ Rs 7,278 crore IPO closed on November 4 with strong demand, being subscribed 28.2 times after receiving bids for 281.9 crore shares against 9.97 crore on offer. The basis of allotment will be finalized on November 6, and investors can check their allotment status on the BSE or MUFG Intime India […]
Japan’s Nikkei falls 2.5% as tech stocks track Wall Street lower
Japan’s Nikkei share average fell 2.5% on Wednesday, mirroring Wall Street’s overnight declines, with technology stocks leading the losses. The index dropped as much as 4.65% before recovering slightly, as investors eyed potential buying opportunities below the 50,000 mark. Despite the dip, analysts anticipate a slow but steady rise for the Nikkei in the future.
India bond traders urge RBI to buy debt, ease auction rules: Report
Indian bond traders have urged the Reserve Bank of India to intervene by purchasing government debt and adjusting auction rules to alleviate market pressure. They specifically requested open market operations and a shift to uniform pricing at auctions to lower borrowing costs and boost investor confidence amid elevated yields and tight liquidity.
Warren Buffett’s long goodbye: 3 years of selling, $382 billion in cash as clock ticks on his Berkshire tenure
Warren Buffett ends his six-decade tenure at Berkshire Hathaway as a cautious investor, selling more stocks and amassing a record Rs 382 billion cash pile. With Greg Abel set to take over, Buffett leaves behind a disciplined legacy marked by patience, prudence, and one final deal with Occidental Petroleum.
Chalet Hotels posts revenue of Rs 735 cr for Q2, PAT at Rs 154 cr
Chalet Hotels reported a significant surge in revenue to Rs 735 crore and a net profit of Rs 154 crore in Q2 FY26, a substantial improvement from the previous year. The company also launched its premium lifestyle brand, ATHIVA Hotels & Resorts, with the rebranding of The Dukes Retreat.