Sensex slides 238 pts, Nifty below 19,100; pvt banks, Airtel, RIL weigh
Closing Bell on Tuesday, October 31: The broader markets saw some action with the BSE MidCap index rising 0.29 per cent and the BSE SmallCap index 0.02 per cent
9:03 AM
Foreign investors cut holdings of Indian stocks at fastest pace in months
Foreign investors have cut holdings of Indian stocks at a rapid pace over the past week, with disappointing earnings from some bellwether companies souring sentiment just as concerns about the Israel-Hamas war and higher-for-longer US rates hurt demand for riskier assets. READ MORE
8:57 AM
Tata Motors wins Rs 766 crore plus interest at 11% for losses in Singur
Tata Motors has won an arbitral award of Rs 765.78 crore plus interest as compensation for its investment in Singur, the erstwhile site for the production of the Nano. READ MORE
8:53 AM
Muthoot Microfin, Flair Writing, Happy Forgings get Sebi's nod for IPOs
Three companies -- Muthoot Microfin, Flair Writing Industries, and Happy Forgings -- have received capital market regulator Sebi's approval to raise funds through initial public offerings (IPOs). READ MORE
8:48 AM
Wipro is not alone, several Indian IT companies are facing a CXO churn
As experts at predicting business and industry growth, some CXOs might decide to switch companies or even sectors, or explore newer markets, innovative offerings, and fresh business models. READ MORE
8:42 AM
Reliance Jio takes contrarian call on 5G services, not to raise tariff
Not to raise tariff; focus not only on mobility but also on connecting India's over 330 million households with broadband based on 5G last-mile connectivity. READ MORE
8:37 AM
BS BFSI Summit: India is world's best growth story, says Christopher Wood
“Investors should be structurally invested here as tactically the markets have done well. Midcaps, obviously, are expensive, and India will be vulnerable to a Wall Street-correlated correction caused by higher bond yields,” Wood cautioned. READ MORE
8:30 AM
BFSI, oil & gas sectors key drivers of India Inc earnings as IT slips
A slowdown in the IT services sector is expected to impact the growth of overall corporate earnings in the coming quarters. READ MORE
8:22 AM
Watch:: Should you buy the dips amid current weakness?
Indian equities are in the doldrums and high volatility has made it harder to predict where they could move next. Should you use the weakness to build your portfolio or remain on the sidelines? VIDEO
8:17 AM
Stocks to Watch: TVS Motor, RIL, Tata Motors, Marico, DLF, Triveni Eng, P&G
Q2 earnings today: L&T, Bharti Airtel, Tata Consumer, GAIL, Indian Oil, Jindal Steel and Power, Mankind Pharma, and Max Financial, among others. READ MORE
8:12 AM
ALERT:: Gift Nifty hints tepid start, quotes at 19,215
8:08 AM
Trading strategies for Nifty PSU Bank, Pvt Bank, Financial Services indices
According to Ravi Nathani, an independent technical analyst, the Nifty Pvt Bank and Financial Services indices can be bought on dips, while the Nifty PSU Bank index seems range-bound on the charts. READ MORE
8:05 AM
BS BFSI Summit: Savers are slowly understanding MFs, says K V Kamath
Commercial banks are likely to get stiff competition from mutual funds because savers, who are growing in financial literacy, are opting for the latter, said veteran banker K V Kamath on Monday at the Business Standard BFSI Insight Summit. READ MORE
8:00 AM
Sebi's job to ensue capital formation: Ananth Narayan at BS BFSI Summit
Ananth Narayan, a whole-time member (WTM) at Sebi, emphasised the potential for investment growth in the country through technology and innovation at the Business Standard BFSI Insight Summit in Mumbai on Monday. READ MORE
7:56 AM
BS BFSI Summit: Rs 50 trn MF AUM is just tip of the iceberg, say experts
The domestic mutual fund (MF) is set to hit the Rs 50 trillion asset under management (AUM) milestone. Industry players believe this is just the tip of the iceberg and the next Rs 50 trillion can be achieved in the next seven years. Growth from smaller towns, digital transformation, investor education and increased demand for investment products will be the key drivers for the growth. This was the consensus amongst industry titans at the Business Standard BFSI Insight Summit. READ MORE
7:51 AM
India's long-term growth prospects remain strong, says MF CIO panel
The money managers in India are unanimous that though the equity market may see higher volatility in the near term due to the upcoming general elections, higher valuations, and global risks, the long-term view on India remains favourable. READ MORE
Sailesh Raj Bhan, Ashish Gupta, Sankaran Naren, Rajeev Radhakrishnan, Rajeev Thakkar, Mahesh Patil
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First Published: Oct 31 2023 | 7:19 AM IST