The Economic Times

Escorts Kubota plans to implement price hikes on its tractor offerings in November 2026. The company cites inflation and geopolitical uncertainties as significant factors influencing this decision. Price adjustments will vary by model, variant, and geographical regions. These changes come after attempts to optimize costs and maintain operational efficiency. The increases aim to address the elevated expenses from manufacturing and logistics challenges.

China's CSI300 index fell to a one-year low, extending its losing streak to 12 weeks as a global AI stock selloff weighed on technology shares. The index is down 14% over 12 weeks and on track for its steepest monthly decline since July, while Hong Kong's Hang Seng advanced.

Silver could move from a supply deficit to a surplus in 2027 as rising inventories, weak jewellery demand and slowing industrial consumption ease market tightness, Metals Focus said. Silver has underperformed gold amid expectations of higher interest rates and falling investor demand.

Reliance Industries is currently appealing a decision made by the Delhi High Court regarding an arbitration award. The High Court had ruled in February 2025, challenging a previous arbitration award from 2018. This legal dispute involves a $1.73 billion case against Oil and Natural Gas Corporation (ONGC) over gas extraction issues. The government alleges that Reliance and partners committed fraud and unjust enrichment during gas extraction.

European Central Bank policymakers expect to raise interest rates by 25 basis points in December to counter energy-led inflation, before pausing further monetary tightening as rising bond yields are expected to weigh on economic growth and price pressures.

Smaller Indian steel exporters say they are struggling to obtain emissions data from raw-material suppliers and bear the cost of carbon accounting and verification under the EUs carbon border rules.

Indian equities turned lower as crude oil prices crossed $116 per barrel, raising concerns about inflation and economic growth. While the Sensex and Nifty posted modest declines, midcap and smallcap indices fell more sharply amid weak market breadth.

The Bank of Japan will accelerate the sale of its exchange-traded fund holdings, targeting annual disposals of 860 billion yen ($5.45 billion) at book value, equivalent to around 0.1% of market trading value. The move aims to unwind its massive stock portfolio, with the estimated time to complete the sell-off falling to 43 years from the earlier estimate of 112 years.

Russian President Vladimir Putin warned that any escalation with Europe could leave no winners and cautioned against Baltic Sea shipping restrictions. While stating that Russia wants no war, he defended recent calls with Nordic leaders and insisted Moscow remains open to restoring ties.

Indias Q2 FY27 earnings show signs of resilience, with Jefferies reporting that 50% of the 105 companies it tracks received FY27 earnings estimate upgrades, while 41% saw downgrades and 9% remained unchanged. The share of companies beating expectations rose to 56% from 52% in the previous quarter, though the recovery remains uneven across sectors.

In 2026, the Nifty 50 index faced significant drops, with 34 out of 50 stocks plummeting by as much as 34%. Analysts believe that the sell-off is driven by foreign institutional investor exits and a conservative outlook on earnings. This decline presents potential opportunities for long-term investors as valuations dip below historical norms.

Prime Minister Narendra Modi will release the 24th instalment of Rs 2,000 of the PM Kisan samman yojana scheme today in Gujarat. Farmers eagerly awaited this payment, which is crucial for their agricultural needs and expenses. Eligible farmers must complete their eKYC to receive this instalment, which is mandatory according to the PM Kisan portal guidelines.

Japanese shares fell sharply as concerns over the profitability of AI investments sparked a global technology sell-off. The Nikkei 225 dropped as much as 3%, led by steep losses in chip and AI-related stocks. Meanwhile, the Bank of Japan held its policy rate at 1.25% but signalled a hawkish stance, leaving the possibility of a future rate increase open.

Petrol rate in India are lower than in the US, UAE, China, Canada and several other countries, according to global fuel price data. While the average global petrol price is around 150 per litre, India's rate is approximately 109. The comparison also shows huge differences across countries, with Hong Kong among the most expensive markets at over 421 per litre.

Shares of Vedanta Power and Vedanta Oil and Gas rallied up to 14% after both demerged companies reported a sharp year-on-year improvement in Q2 FY27 earnings. Vedanta Power returned to profit, while Vedanta Oil and Gas reported higher revenue and EBITDA.

Laurus Labs shares rose 3.79% to Rs 2,329 after the pharmaceutical company reported strong Q2FY27 results. Revenue increased 33% year-on-year to Rs 2,206 crore, while net profit more than doubled to Rs 441 crore. Growth was supported by sustained momentum in its CDMO business and Affordable Medicines division, alongside improving margins and continued investments in manufacturing capabilities.

India has seen a significant decline in poverty, with the rate dropping from 27.1 percent to 2.6 percent. Approximately 496 million people were lifted out of poverty between 2011 and 2023. Employment has increased, particularly among rural women, which contributed to this progress. However, youth unemployment has also risen, particularly among young rural women. The report highlights the need for productive employment opportunities to continue reducing poverty.

SC Agrotech has announced net profit for the quarter ending September 30, 2026, boasting a leap to Rs 10.21 crore from just Rs 21.21 lakh last year. The companys revenue from operations also surged, hitting Rs 45.26 crore. Over the first half of the year, net profit reached Rs 19.77 crore, a notable increase from Rs 23.17 lakh in the preceding period.

Jio Platforms shares extended their post-listing rally, rising over 28% in three sessions. Nomura, Motilal Oswal, Dolat Capital and Elara Capital remain positive, citing tariff hikes, 5G monetisation, broadband expansion and digital services growth.

In the second quarter of 2027, Ashish Kacholia has made notable changes to his investment portfolio. He has increased his stakes in both Indo SMC and Stove Kraft, which have demonstrated impressive growth this year. Additionally, Kacholia has invested in newly-listed firms like ESDS Software Solutions and Ardee Industries, as well as Credent Connect N Care, reflecting his adaptive strategy amidst evolving market trends.

Lt Gen Brett Sylvia admitted to leaking classified information regarding the wars in Iran and Ukraine. The admissions came after failing multiple polygraph tests during an internal investigation. His disclosures allegedly began in June 2025 and included unauthorized communication with journalists. Sylvia was dismissed from his position by Defence Secretary Pete Hegseth amid ongoing investigations into the matter.

The Chamber of Trade and Industry (CTI) has urged Congress Parliamentary Party chairperson Sonia Gandhi to defer the INDIA bloc's November 1 mega-rally at Delhi's Ramlila Maidan until after Diwali. The traders' body warned that the expected turnout of 10 lakh people and 15,000-20,000 vehicles could cause severe traffic congestion, disrupting business across 20 major markets during the peak festive shopping season. It has suggested postponing the rally or shifting it to Burari Maidan.

Reliance Industries is poised to reveal its Q2 earnings, with anticipation surrounding a notable profit revival in its oil-to-chemicals division. Analysts forecast a rise in consolidated EBITDA, supported by enhanced refining margins and solid petrochemical performance. Jio Platforms should offer consistent contributions, though Reliance Retail may face pressures with shrinking margins. Investors will keep a watchful eye on insights regarding future expansion in new energy ventures.

The shares are scheduled to list on the BSE and NSE on November 3, 2026. A grey market premium (GMP) of Rs 68 suggests potential listing gains of about 45%, although this is not guaranteed. The company plans to use the proceeds for manufacturing expansion, working capital, and general corporate purposes.

Four SME IPOs from Maxwell Engineering Solutions, HGS (India), Vectras Enprocon and Johnsoncab Electricals open for subscription on October 30, seeking to raise a combined Rs 201 crore. Here are the key details, including price bands, lot sizes and listing timelines.

IndiGo shares gained 2% after the airline reported a narrower year-on-year Q2 loss of Rs 1,879 crore, although profitability remained under pressure from elevated fuel costs and rupee depreciation. Jefferies retained its Buy rating but cut its target price to Rs 5,650, while Nuvama maintained its Buy call with a revised target of Rs 5,435.

The stock market in India has encountered a rough patch, evidenced by the Nifty's decline of over 11% since last Diwali. However, smallcap stocks have emerged as stars, with 60 multibagger stocks tripling investors' money; Sterlite Technologies notably climbed 649.7%. Investors are cautioned to consider valuations seriously while pinpointing companies with significant growth potential for smarter investment decisions.

India pacer Prasidh Krishna has been ruled out of the five-match ODI series against New Zealand as he continues to recover from a hamstring injury. He is expected to join India A for the final four-day match against New Zealand A, subject to fitness clearance, ahead of the Test series starting November 19.

Indian equities enter Samvat 2083 after a volatile year and a sharp market correction. While lower valuations have improved the risk-reward profile of several stocks, persistent FII outflows, elevated crude oil prices and global uncertainties remain key concerns. Strong domestic fundamentals and earnings growth could support markets, but returns will increasingly depend on stock selection, valuations and earnings delivery.

South Korean shares plunged as a selloff in semiconductor stocks intensified amid concerns over the sustainability of global AI investments. Foreign investor outflows and weak market breadth added to the pressure, putting the KOSPI on course for a monthly decline.

Reliance Industries has faced a notable drop in its shares by 26% throughout 2026. Investors and analysts are eagerly awaiting the upcoming results announcement. Past quarterly results have evoked varied responses, leading to fluctuations in stock value. Important technical thresholds to keep an eye on include Rs 1,130 acting as a support level and Rs 1,230 identified as a breakout benchmark.

The Intergovernmental Panel on Climate Change (IPCC) will convene virtually from December 1 to 3, focusing on finalizing a crucial report addressing climate change and its budget. While several nations advocate for its completion ahead of the 2028 UN climate summit, others, including Saudi Arabia, India, and China, propose a delay until 2029, highlighting the ongoing tensions around global climate action.

Trent shares rallied after the retailer reported 25% year-on-year growth in Q2 FY27 profit and a 21.9% rise in revenue. Elara Capital upgraded the stock to Buy, while Nuvama maintained its positive stance and Systematix retained Hold.

Winning an international order is only half the battle for Indian MSMEs. Financing production, managing longer payment cycles and offering competitive credit terms can be equally challenging.

Core4 Engineers will make its debut on the BSE SME platform on October 30 after its Rs 54.82 crore IPO was subscribed 5.44 times. The NII category led demand with 12.26 times subscription, followed by QIBs at 5.06 times and individual investors at 2.72 times. The IPO was entirely a fresh issue of 58.94 lakh shares.

Suzlon Energy shares fell after the company reported a 69% year-on-year decline in Q2 FY27 net profit to Rs 394 crore, despite a 26% rise in revenue driven by record wind turbine deliveries. Nuvama said profit and EBITDA missed estimates. The profit decline was largely due to a high base in the year-ago quarter, when Suzlon recognised a one-time deferred tax asset benefit of Rs 891 crore.

Asian Paints shares will be in focus after multiple brokerages cut their target prices despite the company reporting a 7% year-on-year rise in Q2 FY27 consolidated net profit to Rs 1,068 crore. Revenue grew 17% to Rs 9,977 crore, while expenses rose 19%. CEO Amit Syngle cited sharp raw material inflation and supply constraints stemming from geopolitical disruptions as key challenges during the quarter.

Singapore recorded 4,800 retrenchments in the third quarter of 2026, the highest level since late 2020 during the Covid-19 pandemic. The rise, driven by business reorganisations, came despite overall employment growth of 27,700 during the quarter. The Ministry of Manpower flagged emerging weaknesses in parts of the labour market, with more companies indicating plans to retrench employees over the next three months.

The European Parliament anticipates that the India-EU Free Trade Agreement will be signed by mid-December 2026. Prime Minister Narendra Modi is expected to attend the signing ceremony in Brussels. The agreement seeks to deepen investments and reduce supply-chain dependencies between India and the EU. Closer collaboration on defense and cybersecurity is also a priority for both parties.

Employees at the Bina branch of India Post defrauded depositors out of Rs 36.4 lakh through forged documents. The Madhya Pradesh High Court has ordered the postal department to refund the victims with applicable interest. This decision follows a case where the victims were misled by unauthorized employees posing as authorized staff. The High Court's ruling emphasizes the trust placed in the postal employees by the victims.

VWAP represents the average price at which a stock traded during the day, weighted by trading volume.

Mausam Weather Forecast: Widespread rainfall across several parts of India has triggered a noticeable change in weather, with temperatures falling sharply in North India, particularly Delhi-NCR. The sudden chill has raised questions about whether winter is arriving earlier than usual this year and whether people should start taking out their winter clothes. The India Meteorological Department (IMD) has forecast further rainfall and thunderstorms in several states, while Delhi and neighbouring ar

Six Nifty500 stocks that gained over 5.5% on October 29 featured in StockEdges RSI Trending Up scan, indicating strengthening price momentum as their Relative Strength Index (RSI) values crossed above 50 from below.

Four Nifty500 stocks closed more than 1.5% above their respective volume-weighted average prices (VWAPs) on October 29, according to StockEdges technical scan, indicating that they ended the session above their average traded prices.

Milky Mist Dairy Food reported a 175% year-on-year jump in Q2 FY27 net profit to Rs 75 crore, while revenue rose 42% to Rs 1,089.4 crore, driven by higher volumes and strong demand for value-added dairy products. EBITDA margin improved to 15.17% from 13.95% a year ago, aided by operational efficiencies and a favourable product mix.

Weather Today Delhi: Delhi-NCR region has experienced an early winter-like spell after overnight heavy rainfall triggered a sharp fall in temperatures, with the national capital recording its lowest maximum temperature in four years. The sudden weather change brought cooler conditions across Delhi-NCR and also improved air quality, with the AQI falling to 133 in the Moderate category on Friday morning. The India Meteorological Department (IMD) has forecast further light rainfall in the capital b

The Bank of Japan announced it will keep interest rates unchanged despite a heightened inflation outlook. In an 8-1 decision, the central bank established a policy target of 1.25%. Board member Hajime Takata voiced opposition, recommending a 1.5% rate instead. Media attention is set to turn to Governor Kazuo Ueda, who is slated to discuss the implications of this decision later today, emphasizing inflation concerns.

Prime Minister Narendra Modi will undertake a two-day visit to Gujarat, during which he will inaugurate and dedicate development projects worth Rs 14,000 crore, release the 24th instalment of PM-KISAN payments worth Rs 19,000 crore and flag off two trains. His itinerary includes laying the foundation stone for Ahmedabad Metro extensions and road upgrades, inaugurating child-friendly Anganwadi centres and participating in the Rashtriya Ekta Diwas celebrations at Ekta Nagar.

Four Nifty500 stocks that gained over 4% on October 29 featured in StockEdges White Marubozu bullish scan, signalling strong upward price momentum during the trading session.