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SBICAP Securities appoints Bhuvaneshwari A. as Managing Director & CEO
SBICAP Securities has appointed Bhuvaneshwari A. as its new Managing Director and Chief Executive Officer. She brings over three decades of experience from SBI. Bhuvaneshwari aims to make SBICAP Securities a digitally driven, customer-centric, and innovation-led investment services company. The focus will be on strengthening technology, expanding products, and deepening customer engagement.
Paytm Q2 Results: Profit falls 98% to Rs 21 crore, revenue rises 24%
Paytm Q2 Results: Fintech firm Paytm reported a significant 98% drop in net profit to Rs 21 crore for Q2, despite a 24% rise in revenue to Rs 2061 crore. The company attributes revenue growth to increased subscription merchants and financial services distribution. Paytm plans to expand merchant offerings, grow financial services, and leverage AI for product innovation and market expansion.
Nuvama announces 1:5 stock split, Rs 70 per share interim dividend
Nuvama Wealth Management has announced a 1:5 stock split and a Rs 70 interim dividend. The company reported its Q2 earnings, showing a marginal decrease in consolidated net profit. Revenue from operations saw an increase compared to the previous year. The stock split will divide each Rs 10 share into five Rs 2 shares.
Tax cuts, rate cuts, and a consumption boom: SBI dials up credit growth outlook
After a historic GST reform, a series of rate cuts, and multiple measures to smooth credit flow, SBI bets credit growth this year will be better than what it predicted as recently as August.
Palantir's bull run stalls as Burry bets against the AI darling; shares fall 6%
Palantir Technologies shares dropped 6 percent on Tuesday. This occurred even after the company released a strong quarterly update and forecast. Demand for its data analytics services is rising due to AI adoption. Investor Michael Burry has placed bearish bets on Palantir. This has raised concerns about the AI and tech industry's spending.
NSE net down 33% on one-time provision
Berger Paints Q2 profit drops 23% to Rs 206 crore on weak monsoon demand
Berger Paints India reported a 23% drop in September quarter profit. Extended monsoon rains affected demand. Revenue saw a slight increase. The company expects demand to pick up after Diwali. Improved weather and pent-up demand are anticipated. Raw material prices are also expected to aid gross margins.
Angel One settles SEBI case with 34.57 lakh payment over disclosure lapses
Regulator said the broker failed to disclose material developments; matter resolved without admission or denial
Blackstone-backed Nexus Select Trust eyes multiple mall acquisitions
Nexus, Indias first publicly-listed retail real estate investment trust, has clocked a 14% year-on-year rise in retail net operating income to 420 crore in the July-September quarter.
Novelis Q2 net income rises 27% YoY to $163 million on higher aluminium prices
Novelis Inc., a Hindalco subsidiary, reported a 27% year-on-year net income growth to $163 million for the September quarter, despite a fire at its Oswego plant. Net sales rose 10% to $4.7 billion, driven by higher aluminum prices, though adjusted EBITDA declined 9% due to tariff impacts and scrap prices.
SBICAP Securities names Bhuvaneshwari A. as MD & CEO from November 1
A seasoned banker with over 30 years of experience, she joined SBI in 1994 as a Probationary Officer and most recently served as Chief General Manager of the banks Thiruvananthapuram Circle.
Dow crashes 400 points, S&P 500, Nasdaq tumble 1% after big banks flag pullback risk
Wall Street's main indexes tumbled on Tuesday as investors questioned lofty tech valuations after the CEOs of top Wall Street banks warned of a stock market selloff, while AI favorite Palantir's sales forecast failed to impress investors.
Arvind Fashions reports 25% growth in footwear as GST reduction boosts consumer demand
Arvind Fashions' CEO Amisha Jain reported a settlement in BIS certification disruptions, leading to over 25% year-on-year growth in the footwear category during the July-September quarter. Reduced GST rates are expected to boost demand in the coming months, with premium apparel brands like US Polo, Tommy Hilfiger, and Calvin Klein maintaining strong growth momentum.
IPO rush: Lenskarts 7,278-cr IPO ends 28x subscribed; Growws 6,632-cr issue off to brisk start
The IPO momentum reflects sustained investor appetite for consumer-tech and fintech plays.
SEBI reviewing root cause of MCX trading glitch: Pandey
More relevant and streamlined Stockbroker Regulations,1992 likely by December
Zerodha helps Groww grow: Nithin Kamaths cheeky congrats steals the show on IPO day
Zerodha founder Nithin Kamath humorously acknowledged competitor Groww's IPO, noting a significant portion of applications came from Zerodha customers. Groww's IPO opened to a decent start, with the retail portion showing strong enthusiasm. Despite competition, both platforms are instrumental in simplifying investing for millions in India.
IHCL reports revenues of Rs 2,124 crore for Q2, PAT at Rs 285 crore
Tata Group's Indian Hotels Company (IHCL) reported a 12% year-on-year revenue increase to Rs 2,124 crore for the September quarter, marking its fourteenth consecutive quarter of record financial performance. The company's first-half fiscal year revenues grew 21% to Rs 4,226 crore, driven by strong performance in existing and new businesses, and an expanding hotel portfolio.
Planning to stop your mutual fund SIP? It could be the right move here are 5 valid reasons to do it
Discontinuing your mutual fund SIP is not always wrong. Sometimes, your financial goals have already been met, or another investment opportunity may be on the horizon.
Fitch ups rating outlook for Adani Ports, Adani Energy to stable
Fitch Ratings has upgraded its outlook for Adani Ports and Adani Energy Solutions to stable. The agency believes contagion risks for these Adani group companies have eased. Fitch maintained the BBB- rating for both companies and Adani Electricity Mumbai. The Adani group has shown access to diverse funding sources. Investments are continuing with capital expenditure picking up.
NSE Q2 Results: Cons PAT falls 33% YoY to Rs 2,098 crore, revenue declines 18%
NSE Q2 Results: India's leading exchange NSE reported a consolidated net profit of Rs 2,098 crore in the September ended quarter, down 33% from Rs 3,137 crore reported in the year ago period. Company's revenue from operations in the quarter under review stood at Rs 3,677 crore, down 18% from Rs 4,510 crore in the corresponding quarter of the last financial year.
Sensex tanks 519 points, Nifty slips below 25,600 as FII outflows, weak global cues drag markets
All major sectors ended in the red, led by IT, metal, and power
Groww IPO sees 57% subscription on day 1 led by retail demand
The IPO lot size is 150 equity shares and in multiples thereof.
Gainers & Losers: Hitachi Energy, Hero MotoCorp among 6 stocks that moved most on Tuesday
Nifty and Sensex fell 0.64% each as IT, auto, and metal stocks dragged markets. Key movers included Hitachi Energy, Thangamayil Jewellery, 3M India, City Union Bank, and Hero MotoCorp.
Angel One pays 34.57 lakh to SEBI to settle case of disclosure lapses
Angel One settled a case of alleged failure to disclose material developments related to the company's proposed scheme of arrangement
Rupee rebounds to settle 11 paise higher at 88.66 against US dollar
The Indian rupee made a modest comeback, strengthening by 11 paise to reach 88.66 against the dollar as falling global crude oil prices offered some relief. Nevertheless, the strength of the dollar alongside the withdrawal of foreign investments kept the rupee in check. The domestic stock markets also faced a setback during this period.
Angel One pays Rs 34.57 lakh to Sebi to settle case of disclosure lapses
Brokerage house Angel One on Tuesday settled a case of alleged disclosure lapses with markets regulator Sebi by paying Rs 34.57 lakh.
IndiGo Q2 Results: Aviation major IndiGo slipped into a loss of Rs 2,582 crore in the September quarter as against a profit of Rs 2,176 crore in the preceding June quarter. However, when compared with the year-ago period, the airline's loss widened from Rs 987 crore.
Lenskart's IPO garnered immense investor interest, attracting bids exceeding Rs 1 lakh crore and subscribing 26.4 times. Strong demand from institutional buyers, HNIs, and retail investors underscored confidence in the eyewear retailer's growth potential and dominant market position, despite valuation concerns.
Turnaround Story: 10 stocks shift from loss to profit in September '25 quarter
Ten Nifty500 firms, including Indian Oil, PVR Inox, Wockhardt, and IIFL Finance, swung from losses to profits in the September 2025 quarter, signaling strong recoveries and improving operational performance.
Market Wrap: Nifty slips below 25,600, Sensex plunges 520 points on sell-off in IT, auto stocks
Indian equity benchmarks Nifty and Sensex experienced sharp declines on Tuesday, extending their losing streak. The IT, auto, and metal sectors were major contributors to the downturn. Despite broader market weakness, select stocks like Bharti Airtel and Titan Company reached record or multi-year highs on positive earnings reports.
ICICI Directs Dharmesh Shah expects the Nifty to retest record highs of 26,300 by December 2025, advising investors to buy on dips as the market consolidates healthily. He sees PSU banks and midcaps leading the next rally, with Union Bank of India as a top pick, targeting 168. Strong support for Nifty lies near 25,400.
Festival boom lifts Bajaj Finance: 29% jump in loan value, 23 lakh new customers
With 2,39,000 distribution points and 110 million customers, Bajaj Finance continues to dominate Indias consumer finance market.
Aurionpro reports 29% revenue growth in Q2 FY26 on new client wins
The Mumbai-based enterprise technology companys profit after tax grew 23% to 56 crore, while EBITDA rose 27% to 72 crore
Indel Moneys NCD issue oversubscribed by 315%
The NCD Issue, which started on October 13, pre-closed on October 24 and the company received bids worth 472.79 crore
Adani Enterprises board approves Rs 25,000 crore rights issue to eligible shareholders
Adani Enterprises, the flagship Adani Group company, announced on Tuesday, November 4, that its board has approved raising up to Rs 25,000 crore through a rights issue of partly paid-up equity shares with a face value of Re 1 each.
Indias BFSI sector market cap surges 50-fold to 91 lakh crore in two decades
The sectors market cap as a percentage of GDP has jumped from 6% in 2005 to 27% in 2025, driven by regulatory reforms, increased financialisation and demographic factors
Global brokerage firm Bernstein has initiated coverage on Indias leading e-commerce platforms, Eternal and Swiggy, assigning an Outperform rating to both, with target prices of Rs 390 and Rs 570, respectively.
Adani Enterprises Q2 Results: Cons profit soars 84% YoY to Rs 3,199 crore despite 6% drop in revenue
Adani Enterprises Q2 Results: Adani Enterprises reported an 84% surge in Q2 net profit to Rs 3,199 crore, driven by exceptional gains from stake sales in Adani Wilmar. Despite a 6% dip in revenue to Rs 21,249 crore, the company's PAT jumped significantly sequentially. The board also approved a Rs 25,000 crore rights issue.
Personal loans: Check THESE key points before you decide to borrow
Personal loans: As RBI report points out household debt significantly post Covid, a quick check list to check before you borrow money
Debt-free and FII-favourites: The small-cap stars shining in 2025
A study identifies 22 debt-free small-cap companies with rising FII stakes and solid FY25 profits above 100 crore. CarTrade Tech, FIEM, eClerx, Swaraj Engines, and NBCC (India) lead gains with up to 103% returns.
Billionbrains Garage Ventures (Groww) raised Rs 2,984 crore in its Rs 6,632 crore IPO anchor round, drawing top domestic MFs, global sovereign funds, and tech investors like GIC, ADIA, and SCGE.
Earnings rebound on the cards? Q2 results so far show marginal Nifty upgrades, midcaps outperform
India Incs Q2 FY26 earnings are outperforming expectations, led by oil & gas, capital goods, and technology sectors. Motilal Oswal notes modest Nifty EPS upgrades as midcaps continue to outperform largecaps, margins expand 170 bps YoY, and the earnings cycle shows signs of bottoming out for sustained growth.
Stronger earnings and urban demand could revive FII confidence in India: Gautam Trivedi
The US economy is surprisingly strong, with significant corporate spending projected. In contrast, global investors are cautious about India, underweighting its market due to an earnings slowdown. However, a turnaround is anticipated with expected rate cuts, GST reductions, and PSU pay hikes. Improved corporate earnings are seen as the key to attracting foreign investment back to India.
Delhi court's pre-release injunction for Jolly LLB 3 marks proactive step to curb film piracy
The Delhi high court's injunction for Jolly LLB 3 marks a shift in anti-piracy strategy, enabling swift blocking of infringing websites. This proactive approach aims to combat video piracy in India, estimated to cost the film industry 22,400 crore each year.
Do Hindu daughters have equal inheritance rights? Heres what the law says
Hindu law has evolved from ancient scriptures, with significant codification in 1956 through acts like the Hindu Succession Act, which governs inheritance rights.
Sun Pharma Q2 Preview: PAT may rise 2% YoY; Leqselvi spending to weigh on margins
Sun Pharma is expected to report modest Q2 FY26 earnings growth, with PAT likely up 2% YoY and revenue rising 7%. Analysts cite Leqselvi launch costs, weak Taro performance, and high R&D spend as margin drags, even as domestic and specialty segments continue to drive overall growth.
Markets slip further in afternoon trade as FII selling persists
Sensex opened marginally higher at 84,000.64 and quickly surrendered gains to trade 0.33% lower; Nifty opened at 25,744.75 and was trading 0.35% down at the afternoon mark
SBI Q2 Results: Standalone profit jumps 10% YoY to Rs 20,160 crore, beats Street estimates
SBI Q2 Results: State Bank of India (SBI), the countrys largest public sector lender, reported a 10% year-on-year rise in standalone net profit for Q2FY26 at Rs 20,160 crore, up from Rs 18,331 crore in the year-ago quarter
M&M Q2 Results: PAT jumps 16% YoY to Rs 3,673 crore, revenue shoots up 22%
Mahindra & Mahindra Q2 results: Mahindra & Mahindra reported a strong July-September quarter for FY26, with consolidated profit after tax surging 15.8% year-on-year to Rs 3,673.32 crore. The auto giant also saw its revenue from operations climb 21.7% YoY to Rs 45,885.40 crore, indicating robust financial performance.
Autopay rules for debit and credit cards: What you need to know
Autopay on debit and credit cards simplifies recurring payments, following RBI guidelines.
What do new MF regulations on TER and brokerage costs mean to you?
What are the changes proposed by SEBI in TER structure? How will this impact investors, AMCs and brokers? How are the stakeholders view this proposal.... we delve into these questions in this explainer
One Mobikwik Systems Q2 Results: Net loss widens YoY to Rs 29 crore; revenue down 7%
One Mobikwik Systems Q2 Results: Mobikwik reported a sharp drop in Q2FY26 profit to 28.6 crore from a net loss of 3.3 crore a year earlier, while revenue slipped 7% YoY to 270.2 crore, reflecting weaker operational performance.
Hitachi Energy India shares surge 14% as Q2 profit jumps fourfold, margins expand sharply
Hitachi Energy India shares jumped up to 14% to 20,399 after the company reported a stellar Q2FY26 performance, with net profit surging 406% YoY to 264.4 crore and PAT margin expanding to 13.8% from 3.4% a year ago.
Pensioners' Life Certificate Services at doorstep now as India Post Payments Bank partners with EPFO
India Post Payments Bank has partnered with EPFO to provide doorstep Digital Life Certificate services for pensioners enrolled in the Employees' Pension Scheme, 1995.
Groww IPO Day1: Initial subscription stats, GMP signals, key dates. Should you apply?
Growws Rs 6,632 crore IPO opened for subscription on Monday, with a 24% overall subscription by 11:10 AM and strong retail demand. The IPO carries an 18% grey market premium, reflecting positive sentiment, as brokerages highlight robust growth, profitability, and long-term digital investing potential.
Commodity Radar: Copper slips on China concerns but expert suggests taking long positions. Heres why
Copper prices slipped on Tuesday amid weak Chinese manufacturing data and a stronger dollar, with MCX copper trading near Rs 1,004. However, Religare Brokings Ajit Mishra suggests taking long positions, citing persistent supply concerns, improving European demand, and bullish technical indicators supporting an upside toward Rs 1,040.
Mutual funds bet on 10 high-growth stocks rallying up to 85% Is your stock on the list?
Mutual funds increased stakes in 51 firms reporting over 25% YoY profit growth in Q2 FY25. Top performers like Navin Fluorine, Laurus Labs, and TVS Motor delivered 2585% gains.
Ambuja Cements' share price saw a marginal uptick on Tuesday after the company reported a 268% YoY surge in Q2 FY26 net profit to Rs 1,766 crore, driven by record volumes and strong cost control. Brokerages, including Motilal Oswal, JM Financial, and Elara Capital, raised target prices, citing improving margins and a profitability outlook.
NSE holidays 2025: Is the stock market closed or open on Nov 5 for Guru Nanak Jayanti 2025?
Indian stock markets, including NSE and BSE, will remain closed on Wednesday, November 5, 2025, for Guru Nanak Jayanti. Trading across all segments will be suspended, marking the only market holiday in November, while MCX will remain shut for the morning session and reopen in the evening.
FIIs dump Indian consumer stocks despite tax cut boost
Foreign investors reduced their stakes in Indian consumer stocks during the September quarter, despite a consumption tax cut aimed at boosting spending. While retail sales saw an 8.5% increase during the festival season, economists caution that pent-up demand and ongoing economic headwinds like slow income growth may temper the outlook.
Relief for Vodafone Idea could indirectly benefit Airtel and Indus Towers: Mayuresh Joshi
Bharti Airtel has reported a strong quarterly performance with impressive revenue growth and improved margins in both India and Africa. The company's strategic acquisition of a stake in Indus Towers signals a focus on digital infrastructure expansion. Potential relief for Vodafone Idea from a Supreme Court order could also benefit Airtel and Indus Towers.
Wall Street CEOs warn of market pullback from rich valuations
Morgan Stanley CEO Ted Pick said markets have come a long way, but theres still policy error risk in the US and geopolitical uncertainty
Japan's super-long bond yields rise ahead of auctions
Japan's super-long-dated bond yields jumped on Tuesday, as investors sold the debts to steepen the curve ahead of a series of auctions of those bonds later this month.
Bitcoin steadies near $107K after intraday low of $105K; crypto market cap nears $3.5T
Bitcoin hovered near $107,000 on Tuesday after touching an intraday low of $105,300, as the global crypto market cap slipped toward $3.5 trillion. Broad-based declines hit Ethereum, BNB, XRP, and Solana, with experts warning of continued downside risk amid a global liquidity squeeze.
How IPO reforms created a new kind of investor euphoria
Indias IPO reforms deepened the marketbut also fuelled a culture of short-term bets, overpricing, and unrealistic expectations. Its time for a fairer, more transparent ecosystem.
Fitch Ratings upgrades outlook on Adani Ports and Adani Energy to 'Stable'
Fitch Ratings has taken a positive step by upgrading the outlook for Adani Ports and Adani Energy Solutions to Stable. This decision underscores the Adani Group's impressive access to a wide range of funding options.
Acme Solar Q2 results: Net profit jumps 652% on higher capacity
The renewable energy companys revenue more than doubled to 601 crore, up 104%
Why you need a Willand how to get it right
A Will isnt only for the wealthy. Its a simple, powerful way to ensure your assets are passed on as you intend without legal hurdles, disputes, or uncertainty.
Suzlon Energy Q2 Results: Suzlon Energy achieved a record profit in the second quarter of FY26. Profit After Tax surged 538 percent year-on-year. Revenue from operations also rose 85 percent. This strong performance was driven by the wind turbine generator segment and increased deliveries. The company's orderbook crossed 6 GW, highlighting its robust market position and future growth prospects.
Gold prices hold steady, hover near Rs 1.21 lakh resistance. Expert-approved trade setup inside
Gold and silver extended their losses amid strength in the dollar index, with prices opening at Rs 1,20,743/10 grams, lower by Rs 666 or 0.55%. Gold December futures prices at MCX have held steady in the last one week, hovering near their resistance of Rs 1.21 lakh.
Lenskart IPO oversubscribed 2.82 times on final day of bidding
Retail individual investors led the rush with 4.14 times oversubscription, receiving bids for 7.47 crore shares against 1.81 crore shares reserved for the category
Shares of 3M India surged 13% to Rs 34,700 after reporting a 43% year-on-year rise in Q2FY26 profit to Rs 191 crore. Revenue grew 14%, led by broad-based sales across all segments. ICICI Securities raised its target to Rs 35,700, citing strong auto demand and government-led infrastructure momentum.
Thangamayil Jewellery shares rise 19%, up 50% in 4 sessions. Whats fuelling the sharp surge?
Thangamayil Jewellery surged 19% to a record high of Rs 3,089 after posting a strong turnaround in Q2FY26 and record sales in October. The company reported a net profit of Rs 58.5 crore versus a loss last year, while revenue jumped 45% YoY. October revenue crossed Rs 1,000 crore for the first time, driven by festive demand.
India bonds rise on likely central bank support; rupee strength
Indian government bonds rose in early trading on Tuesday, as speculation of central bank support and the rupee's best open in about three weeks spurred short-covering.
Fitch revises Adani Ports and AESL outlook to stable, affirms BBB- rating
Rating agency cites robust port portfolio, strong cash flows, capex flexibility and manageable risks as reasons for upgrade
Hero MotoCorp shares fall 3% as October sales drop 6%; exports jump 43%
Hero MotoCorp shares slipped 3% to Rs 5,382 after reporting a 6.3% decline in October sales for FY26, driven by lower motorcycle and domestic sales. However, scooter and export volumes rose sharply. Citi retained its Buy rating with a Rs 6,100 target, citing festive demand and solid retail momentum.
Vodafone Idea shares in focus after SC order paves way for AGR relief
Vodafone Idea shares: The Supreme Court has allowed the Centre to reassess telecom companies pending AGR dues beyond FY 2016-17, clarifying that the review isnt restricted to that year alone a move that could offer wider relief to the debt-laden firms.
Lenskart Solutions IPO Day 3 live updates: Lenskart Solutions 7,278-crore IPO saw strong investor demand on the final day, with the overall issue subscribed 2.38 times so far. All investor categories are fully subscribed, led by robust retail and NII participation.
Cipla shares in focus after deal to acquire Inzpera Healthsciences for Rs 111 crore
Cipla shares: Cipla has agreed to acquire a 100% stake in Inzpera Healthsciences, making it a wholly owned subsidiary, as part of its strategy to strengthen its presence in the paediatric and wellness segment.
Lenskart IPO: GMP slips on final day; check subscription status. Should you still invest?
Lenskarts IPO is trading at a grey market premium of about 59, or 14.5% above its 402 issue price, indicating a potential listing around 461 if the trend continues.
Rupees intervention spurred recovery sparks echo of October action
The rupee, which had hovered near its record low of 88.80 for three straight sessions, jumped to 88.42 on Tuesday, up 0.4%, after the RBI likely intervened in the non-deliverable forwards and spot markets, traders said
Japans factory activity hits 19-month low as demand slumps
Japans manufacturing PMI fell to a 19-month low in October amid weak demand, falling orders, and rising costs, though optimism persists on innovation, AI adoption, and global trade recovery.
Shriram Finance, Indus Towers among 6 stocks flashing bullish signals, indicating a possible uptrend
A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period and the closing price is the highest.
Markets open lower as FII selling weighs; Banking stocks show resilience
BSE Sensex opened at 84,000.64 and was trading at 83,807.57, down 170.92 points or 0.20%; Nifty 50 opened at 25,744.75 and was trading at 25,701.80, lower by 61.55 points or 0.24%
Fed has sufficient data to guide policy despite government shutdown: Daly
San Francisco Fed President Mary Daly backed last weeks U.S. rate cut, citing a balanced approach to inflation and employment, while keeping an open mind on further easing in December.
Crude oil futures decline as markets assess OPEC decision to pause output hikes
Markets react to OPEC+s strategic pause in production increases amid ongoing concerns over potential oversupply and geopolitical tensions affecting global oil flows
Dabur India among 6 F&O stocks that saw a sharp rise in futures open Interest
