25 C 
Trident shares rallied 13% after the company reported a 93.1% year-on-year rise in Q2 FY27 net profit to Rs 175.50 crore. Improved EBITDA and margins supported earnings growth, while the company announced a Rs 4,650-crore capacity expansion and modernisation programme.
Stock Markets on Nov 3: Sensex, Nifty extend rally on falling crude prices
Indian benchmark indices Sensex and Nifty extended their winning streak in early trade, with Sensex jumping 614.66 points and Nifty rallying 149.80 points. This surge is attributed to a sharp correction in crude oil prices, continued foreign fund inflows, and positive Q2 results, creating an ideal environment for the market rally to continue.
Smallcap stocks to buy this Diwali! 5 stocks with upside potential of up to 37%. Do you own any?
As Diwali approaches, Mirae Asset Sharekhan highlights five promising smallcap stocks with potential for significant growth. DEE Development targets Rs 750, suggesting a possible 37% increase. Similarly, Karnataka Bank is set at Rs 415, indicating a 33% rise. Additionally, Lumax Auto Technologies and VA Tech Wabag offer targets of Rs 2,490 and Rs 2,400 respectively, making them appealing options for investors eyeing gains based on robust fundamentals.
LTCG abolition may cost just Rs 40,00050,000 crore, SBI estimates show
SBI Research estimates that abolishing long-term capital gains (LTCG) tax would cost the government just Rs 40,00050,000 crore in FY27, far below the Rs 1.3 lakh crore collected in FY25. Weaker stock market returns and sustained foreign investor outflows have significantly reduced expected collections, suggesting the move may not derail the government's fiscal consolidation plans.
Beyond tech: Kotak MFs Shibani Kurian on Indias next innovation-led winners
Innovation-led investment opportunities in India are extending well beyond technology, with healthcare, auto components and industrials emerging as key areas of interest, according to Shibani Kurian, Head of Equity Research and Senior Fund Manager at Kotak Mahindra AMC. Innovation can be seen across sectors and not necessarily limited to technology, she said.
ideaForge shares jump 7% as firm swings to profit in Q2, revenue soars 124% YoY
ideaForge shares surged over 7% after the company reported a turnaround to a Q2 FY27 net profit of Rs 6.46 crore, while revenue jumped 124% year-on-year to Rs 91.29 crore. Improved operating performance and new defence technology milestones boosted investor interest.
Rising interest rates: should you borrow or delay festive season purchases?
Looking ahead, we can be almost certain of additional increases in repo rates and the consequent hikes in cost of loans. We should factor in the uncertainties while making decisions around our future financial commitments.
Gold holds biggest jump in two months on Iran peace-deal hopes
The Middle East war sends energy prices and inflation surging, putting pressure on central banks to raise borrowing costs, which is negative for gold as it doesnt pay interest
Chinese yuan set for biggest daily drop in six months after PBOC tightens FX reserves
China's yuan weakened against the US dollar after the PBOC raised the foreign exchange reserve requirement ratio to curb rapid currency appreciation. The move comes amid concerns over export competitiveness and follows strong gains in the yuan during October.
Asian companies to ramp up investments in US amid supply-chain shifts
Citi expects investments by South Korean, Japanese and Taiwanese companies in the US to rise as global supply chains shift. The bank also sees growing cross-border business flows involving India and China, creating opportunities in transaction banking and financial services.
On Tuesday, the Indian stock market edged higher, with the Sensex surging nearly 730 points and the Nifty 50 climbing over 190 points. This resurgence greatly enhanced investor sentiment, as market capitalisation soared by Rs 4 lakh crore. Anticipation of potential LTCG tax reforms and declining oil prices fueled this upswing, reflecting robust confidence among investors.
South Korean shares slide nearly 3% as tech selloff deepens; won strengthens
South Korean shares fell sharply as a global technology selloff dragged chipmakers and other heavyweight stocks lower. A stronger won and plunging oil prices offered little support as foreign investors continued to sell equities.
$64 billion out, $5 billion in? Why LTCG tax cut may not be enough to bring FIIs back
A reassessment of long-term capital gains tax is underway as foreign investors continue their significant selloff from Indian equities. Analysts at JM Financial project that tax relief may yield only $35 billion in fresh inflows. This minimal increase may not be sufficient to reverse the current trend of investor exodus amidst concerns over oil prices. Indias tax regime differentiates between dollar and rupee gains, impacting foreign investor returns significantly.
Apple Q4 results beat estimates as iPhone 18 Pro demand, price hikes offset rising chip costs
Apple reported better-than-expected Q4 revenue of $114.48 billion and earnings of $2.10 per share, driven by strong iPhone 18 Pro demand and Mac sales. Higher product prices helped offset rising memory-chip costs. The company is also expanding its AI offerings, while addressing supply constraints affecting its first foldable iPhone.
Nifty breaches 23,500 as falling crude prices & RIL surge fuel rally
Among the top gainers on the Nifty 50, IndiGo led with a 2.99% rise to 5,066.80, followed by Shriram Finance, up 1.99% at 880.50
Reliance Industries among 8 stocks showing RSI Trending Up
An uptrend signal occurs when the RSI value crosses above 50 from below.
ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?
ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on profitability. However, its FMCG business delivered strong growth. Jefferies, Nuvama, Emkay and DAM Capital remain positive on the stock, with target prices ranging from Rs 300 to Rs 355.
Nifty's Diwali-to-Diwali slide: Will year-end gains light up Dalal Street?
The Nifty index has faced notable drops over the last year, heavily impacted by foreign investor outflows and surging crude oil prices. Experts indicate a chance for a year-end comeback, dependent on better corporate earnings and domestic investments. Nevertheless, ongoing volatility and geopolitical strains might limit market advancements in the next few months. The September-quarter earnings season hints at improvement, potentially raising investor confidence.
Asian stocks fall after US losses, oil holds drop: Markets Wrap
Brent crude slipped 0.2% to $104.61 a barrel after slumping 7.6% on Monday with the US and Iran signaling a willingness to pursue peace talks
Marico shares jump 6% as strong Q2 puts growth story in overdrive, sparks bullish calls
Marico reported a 31% YoY rise in Q2 FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. Improved margins and strong volume growth prompted brokerages Jefferies, Systematix and Dolat Capital to maintain or upgrade Buy ratings and raise target prices, signalling optimism about growth prospects.
Karur Vysya Bank among 4 F&O stocks with sharp rise in futures open interest
A notable increase in futures open interest indicates a substantial rise in the number of active, unexpired futures contracts in a security.
SFC Environmental Technologies shares to list today. Check GMP ahead of market debut
SFC Environmental Technologies' Rs 667.53-crore IPO received 9.47 times subscription, led by strong institutional demand. Ahead of its November 3 listing, the issue commanded a 5% grey market premium, indicating expectations of modest listing gains.
Speaking on the sidelines of ET Wealth Expo 2026 in Mumbai, Mohan identified intergenerational wealth transfer as one of the major socio-cultural mega trends unfolding in India. He believes the shift will go beyond the transfer of assets between family members and could trigger a fundamental change in investment preferences, with younger investors potentially moving towards financial assets, equities and more diversified portfolios.
Q2 Results Today, 03rd November 2026 Live Updates: businessline brings you the latest quarterly earnings, outlook and more.
NBCC among 5 stocks showing White Marubozu Pattern
The pattern is represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow. It reflects strong upward price movement during the session, with the price moving from the opening level toward the session high by the close. The pattern is commonly studied in technical analysis as an indicator of price momentum.
Wiscon Industries SME shares to list today: Check subscription status and key detail
Wiscon Industries will debut on the BSE SME platform on November 3, 2026, following its Rs 110-crore IPO, subscribed 88% overall. The Delhi-based consumer electronics supplier plans to use proceeds for subsidiary expansion, working capital and marketing. Its revenue surged to Rs 73.39 crore in FY26, reflecting rapid business growth.
BLS Polymers IPO shares to debut today. GMP points to 45% listing gains
BLS Polymers' Rs 255-crore IPO received 241 times subscription, with strong demand across investor categories. Ahead of its November 3 listing, the issue commanded a 45% grey market premium, indicating expectations of strong listing gains.
Following the RBI's October 2026 repo rate hike, how do FD interest rates stack up now? Find out which banks are offering the highest returns and how PSU bank rates compare with private lenders.
Rupee to benefit from oil plunge while facing technical resistance, dollar strength
The rupee is expected to open in the 94.75-94.78 range, per traders, having settled at 94.90 to the dollar on Monday
In this edition of ETMarkets Smart Talk, Saish Sawant, Research AnalystCommodities at Emkay Global Financial Services, breaks down the contrasting moves across gold, crude and copper.
Tata Steel Share Price Live Updates: Tata Steel's Current Market Position
Kotak Bank Share Price Live Updates: Kotak Bank's Market Update
M&M Share Price Live Updates: M&M Stock Details
Bharti Airtel Share Price Live Updates: Bharti Airtel's Stock Performance Update
LTIMindtree Share Price Live Updates: LTIMindtree Price Movement Analysis
RIL Share Price Live Updates: RIL's Price Movement Today
Tata Consumer Share Price Live Updates: Tata Consumer's Current Trading Status
Sun Pharma Share Price Live Updates: Sun Pharma's Recent Performance
Bajaj Finance Share Price Live Updates: Bajaj Finance's Market Performance Today
UltraTech Cem Share Price Live Updates: UltraTech Cement's Positive Trend
Apollo Hospital Share Price Live Updates: Apollo Hospital's Recent Performance
NTPC Share Price Live Updates: NTPC's Market Update
Britannia Share Price Live Updates: Britannia Stock Details
Bajaj Auto Share Price Live Updates: Bajaj Auto's Stock Performance Update
Adani Ent Share Price Live Updates: Adani Enterprises Breaks Above 20-Day SMA
Bajaj Finserv Share Price Live Updates: Bajaj Finserv Surpasses Key Resistance Level
Hindalco Share Price Live Updates: Hindalco Stock Details
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's Price Surge
Power Grid Share Price Live Updates: Power Grid Stock Details
Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen regarding the potential escalation of the ongoing conflict in the Middle East. Goldman Sachs has revised its oil price forecasts upward, contemplating a possible future increase to $140 per barrel. Meanwhile, Tehran continues discussions with the US to seek peace despite ongoing military tensions.
Coal India Share Price Live Updates: Coal India Ltd's price dips below the 20-day EMA
Sebi issues detailed rules for depositary receipts on REIT, InvIT units
The framework, proposed in August to attract more foreign capital to these sectors, was approved by the Securities and Exchange Board of India in September
Jindal Saw, JK Tyre, Titagarh Rail: 3 stocks show technical recovery signs
Anand James of Geojit Investments has recommended three stocks that show technical recovery signs: Jindal Saw, JK Tyre, and Titagarh Rail Systems
As per Sebi's T+1 settlement cycle, investors must buy the company's shares at least one trading day before the record date for them to be credited to their demat accounts and qualify for the bonus issue. This makes today the last day to buy the stock to be eligible for the bonus shares.
Grasim Inds Share Price Live Updates: Grasim Industries Current Trading Price
Divis Labs Share Price Live Updates: Divis Labs Marks New 52-Week High
UPL Share Price Live Updates: UPL Breaks Above 20-Day EMA
ONGC Share Price Live Updates: ONGC's Price Movement Today
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Stock Update
Gold price prediction: Will gold extend gains on Tuesday? Check outlook for November 3
Investors are now looking to the US midterm elections for indications of the country's fiscal policy direction and their potential impact on broader market sentiment.
Stock Market LIVE: GIFT Nifty signals gap-up open; Asia markets decline on tech selloff
Sensex Today | Stock Market LIVE Updates Tuesday: The GIFT Nifty indicated a gap-up open for the Nifty50 index. Asian markets were trading lower in early deals
Anthropic revenue up 12x in Q3, commits $895 billion spending
Anthropic has reported a remarkable twelve-fold increase in quarterly revenue, reaching nearly $17 billion. The company plans to invest over $895 billion in future computing infrastructure and costs. Despite substantial revenue growth, Anthropic faces a $23.3 billion net loss in the last quarter due to rising expenses. Additionally, AI pricing pressures have impacted revenue growth, resulting in lower earnings.
The Union Cabinet raised the dearness allowance for central government employees and pensioners by 3%, from 60% to 63% of basic pay, effective 1 July, ahead of Diwali. Here are the other states that have also hiked DA amid the festive season.
The RBI has simplified EDF compliance for resident individual service exporters and introduced a 10 lakh threshold for other exporters. It has also revised IDPMS reporting requirements for service imports. Here's what the new FEMA amendment means for freelancers and other exporters.
Mankind Pharma, Dr Lal: Shrikant Chouhan bullish on 2 healthcare stocks
Stocks to buy today: Shrikant Chouhan of Kotak Neo has shared a bullish view on two healthcare stocks: Mankind Pharma and Dr Lal Pathlabs.
Gold edges higher on softer oil; US midterm elections in focus
Following a previous surge, gold prices experienced a minor uptick, influenced by declining oil rates and ongoing inflation concerns. Investors are honing in on the forthcoming US midterm elections for cues on economic direction. Financial analysts speculate a potential interest rate hike from the Federal Reserve in December to combat inflation, while the Bank of England is anticipated to tackle similar issues this Thursday.
Marico profit jumps 31%, flags rising input costs amid West Asia woes
Marico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company highlighted challenges from rising input costs due to geopolitical tensions and adverse weather circumstances. Managing director Saugata Gupta expressed awareness of potential inflation effects, especially in rural areas. Marico aims for mid-20% EBITDA growth by FY27 and expects annual revenue to exceed 15,000 crore.
Oil prices rise after report of US strikes on Iran's Qeshm Island
Brent crude futures rose 48 cents, or 0.5%, to $105.25 a barrel by 0104 GMT while US West Texas Intermediate crude was up 47 cents, or 0.5%, at $96.93 a barrel
ITC Q2 net profit falls 20% as high taxes keep margins in check
ITC reported a 20% decline in standalone net profit for the September quarter despite a 45% increase in revenue. The rise in cigarette taxation significantly impacted profitability, forcing ITC to absorb part of the price hikes. Non-cigarette businesses showed strong growth, achieving the highest revenue growth in 14 quarters. Factors such as inflation and geopolitical tensions continue to affect the operating environment.
Buzzing stocks: GRSE, Dr Reddys, Lupin, NBCC, HPCL, Belrise and Datakosa in focus
From GRSEs 32,000-crore Indian Navy contract and USFDA approvals for pharma companies to fresh infrastructure, AI automation and laptop supply orders, several companies announced significant business developments
Indian markets likely to open higher; Gift Nifty signals 150-point gap-up
Easing crude oil prices and hopes of Middle East de-escalation support sentiment, even as global markets remain under pressure
Sensex surges over 1,200 points, Nifty reclaims 23,400 as RIL leads rally
Indian equity markets experienced a significant surge, primarily driven by Reliance Industries which saw an 11.6% increase. Easing crude oil prices and renewed diplomatic talks regarding Iran contributed positively to investor sentiment. The BSE Sensex rose by more than 1,200 points, while the NSE Nifty exceeded the 23,400 mark. Broader market segments, including metals and cement stocks, also experienced noteworthy gains.
Sensex today | Stock Market Live: Stock to buy today: Grindwell Norton (1,965)
Sensex, Nifty, Share Prices Live: The short-term outlook is bullish for Grindwell Norton. The stock has bounced after forming a good base around 1,800. The presence of the 200-Day Moving Average (DMA) around 1,800 makes this bounce a significant one. The region between 1,820 and 1,800 will be a good support zone now. Immediate resistance is around 2,000.
Sebi allows REITs, InvITs to tap overseas investors through depository receipts
Sebi has established frameworks allowing real estate investment trusts and infrastructure investment trusts to issue foreign currency denominated depository receipts. This initiative enables them to access capital from overseas markets through international exchanges in GIFT City. To issue depository receipts, unitholder approval will be required, with a majority supporting such moves. Certain restrictions and conditions will apply to participating trusts and existing unitholders.
Jubilant Pharmova plans to raise Rs 800 crore via maiden bond issue
Jubilant Pharmova has announced plans to secure 800 crore via its first bond issuance within the local market, featuring 400 crore as the base amount and an equal greenshoe option. The capital raised will be primarily allocated to the companys capital expenditure and upcoming expansion efforts. Subscriptions are anticipated chiefly from mutual funds and asset managers, making this a significant moment in the company's bond market debut.
Global Market Today: Asian stocks slide as US chip selloff deepens
The MSCI Asia Pacific gauge dropped 0.4% with South Korea
Bank CD rates surge above 8% amid liquidity squeeze, rising T-Bill yields
Public-sector banks have recently increased one-year certificate of deposit rates beyond 8%, influenced by stricter liquidity and high treasury-bill yields. The reduction in banking liquidity has led to a noticeable rise in CD issuances lately. Observers predict further policy rate hikes to address inflation effectively, signaling that the current rates may not yet reflect their maximum potential amidst ongoing market fluctuations.
10-year bond yield eases 10 bps to 7.31% in sharpest fall since April
The 10-year bond yield experienced a notable decline to 7.31% following a decrease in oil prices. This decline represented the steepest drop observed since early April of this year. Oil prices fell nearly 5%, retreating from a six-month peak that occurred last week. Traders are currently holding back on taking fresh positions as they await the US midterm elections.
Creators take the party offline to build brands and unlock new revenue streams
As India's creator base grows, influencers are taking audiences offline through festivals, workshops and gatherings to build communities and diversify earnings. Festivals like Halloween and Diwali have added momentum, while brands gain new opportunities to engage audiences in person.
We will consider the call for review of LTCG tax: Finance minister Nirmala Sitharaman
The circumstances have changed and, therefore, the voices of concern are louder,'' she said at a media event, in reference to reports that her administration has received suggestions to review levies on long-term capital gains (LTCG) for overseas investors. I quite appreciate that. So, I'll consider all this... Our growth is very important, where people are putting their very best, we are able to see sustained 7(%)-plus growth.''
Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma
Indian equity benchmarks experienced gains, with Nifty nearing the 23,500 resistance level and strong corporate earnings reported. ITC faced a decline in consolidated net profit, impacted by the cigarette business, despite revenue growth. Marico saw a significant rise in net profit and expanding EBITDA margins during the quarter. Container Corporation of India reported a subdued performance with a slight decline in net profit compared to last year.
Reliance surges 11.6% as strong Q2 earnings add Rs 1.83 lakh crore in market value
Reliance Industries has seen an impressive 11.6% surge in stock price, following quarterly earnings that exceeded expectations. This remarkable rise represents the company's most significant increase in over six years. Analysts are optimistic about future growth, crediting this success to strong performance in the O2C sector and increased institutional buying. Brokerage firms predict potential earnings upgrades will further boost stock valuation.
FPI holding hits multi-year lows in 70% of top 100 Indian companies
Foreign investors have significantly reduced their holdings in nearly 70% of India's leading companies in recent years. Major firms, including banks and IT sectors, are seeing foreign ownership decline to multi-decade lows. This decrease in foreign investments mirrors diminished expectations for growth in India relative to other global markets. Although some companies experience slight increases in foreign ownership, they still remain at historical lows.
Rupee ends flat at 94.90 despite fall in oil prices
The Indian rupee closed at 94.90, witnessing a range from 95.03 to 94.69. Market participants remained on edge with the US midterm elections looming, impacting overall sentiment. Despite falling oil prices and a weaker dollar, there was an uptick in dollar demand. Notably, Foreign Portfolio Investors turned net buyers, purchasing
Small & midcap funds remain top bets for investors in first half of FY27
During the first half of FY27, mid-cap funds received
Gold prices have dropped significantly, encouraging consumers to return to jewellery stores for upcoming purchases. The correction in gold prices has led to increased footfalls and advance bookings for weddings. Jewellers expect a rise in sales volume on Dhanteras, which is an auspicious buying day. Consumers are opting for lightweight jewellery and lower-karat gold to manage budget constraints.
