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Big Movers on D-St: What should investors do with Karur Vysya Bank, M&M and Bharti Airtel? https://ift.tt/kPhxdqg believe that undergoing positive momentum will continue. This could take the stock towards its lifetime high of Rs 136.70. The stock is positively poised above its key moving averages on major timeframe charts.

Asia stocks edge up as investors eye Fed rate decision https://ift.tt/ixXQeDS two-year yield, which rises with traders' expectations of higher Fed fund rates, touched 4.4803% compared with a U.S. close of 4.501% on Monday. The yield on benchmark 10-year Treasury notes stood at 4.0478% compared with its U.S. close of 4.077% .

Tata Steel's net profit plunges 90% to Rs 1,297 cr https://ift.tt/ixXQeDS legacy steelmaker, which also has operations in western Europe, reported a consolidated bottom line of ₹1,297 crore, compared with ₹12,548 crore in the year-ago period. The extent of decline in Tata Steel's net profit was in line with that of other steelmakers facing similar headwinds.

An apple a day keeps the doctor away, but this shake is a pure punch of crunchy apples, almond milk and Bailey’s topped with some whipped cream to give this drink an exotic touch. This drink is perfect for parties, when you want to enjoy a subtle high with a fruity and creamy punch. Made like a simple shake but punched with Bailey’s gives this drink a heavenly taste. So, try it today and share your feedback with us. INGREDIENTS 1 cup apple 1 cup almond milk 60 ml baileys irish cream 2 Pinches cinnamon 0 whipped cream as required 0 ice cubes as required How to make The Boozy Apple Shake Step 1 To begin with this easy recipe, wash and cut the apples. Step 2 In a blender, add in the apples, almond milk and ice cubes, blend into a thick shake. Step 3 Pour Irish cream and blend again. Pour into the glasses and add whipped cream. Step 4 Sprinkle with cinnamon powder and enjoy chilled! Via Recipes & Food: Easy & Healthy Recipes, Beverages, Food Articles Online on Time...

Looking for a healthy snack? Then try this Zero-oil Masala Chickpeas recipe made with a melange of spices, lemon juice and baked to perfection. Made with some simple ingredients and this snack recipe is great for people who love munching on the go. What’s more, if you are planning to lose weight, then this is the perfect snack to go for! Follow us through this simple recipe and enjoy anytime that too without feeling guilty as it is made with zero oil. INGREDIENTS 1 tablespoon chola masala 2 cup chickpeas 1/2 cup lemon juice 0 salt as required 1/4 teaspoon black pepper 1/2 teaspoon red chilli powder How to make Zero-oil Masala Chickpeas Step 1 To begin with this easy recipe, soak 2 cups of chickpea in water. Step 2 Drain the water and par-boil the chickpeas. Step 3 Next, take a large bowl and add lemon juice along with spices. Add the chikpeas and toss the ingredients. Step 4 Take a parchment paper and spread the chickpeas and bake for 25 minutes. Till it turns cripsy an...

Which form of gold investing would be ideal this festive season? https://ift.tt/p2Z4gOI in India have a strong emotional and secure relationship with gold. Over the years, they have been buying gold in the form of physical gold

Investment avenues that will be game changers by 2025 https://ift.tt/UXCNyaB wealth in leaps and bounds and not storing wealth is the key mantra for millennial investors

RIL among 3 top stock ideas for this week from Sumeet Bagadia https://ifttt.com/images/no_image_card.png"The support for Nifty has shifted around 17,600 levels. On the other hand, Bank Nifty has support at 40,200 levels while resistance is placed at 41,800. Traders are advised to keep a buy-on-dip approach until there’s any change in data and look for stock-specific opportunities with a positive bias."

RBI Governor urges ombudsman to be sensitive, judicious while redressing customers' grievances https://ift.tt/GZ1u6Ey Governor said the RBI Ombudsmen and the regulated entities (REs) must first identify the root causes of persisting customer complaints and take necessary systemic measures to correct them. Second, the resolution of customer complaints by the REs and the RBI ombudsmen has to be fair and quick.

India’s pick up in capex cycle positive for banking sector https://ift.tt/reC57u4 the last 2 quarters, we have seen that credit growth has started picking up across the banking sector

Itaewon, site of deadly stampede in South Korea, known for hip nightlife, chic restaurants https://ift.tt/wiupCXD bars and clubs have long served American troops stationed in the country as the neighbourhood is located near the former main garrison of the US Forces Korea (USFK) in central Seoul. The district is also home to many foreign embassies, ambassadors' residences and houses of worship for minor religions in South Korea, such as Islam and Judaism, Yonhap news agency reported.

Sebi working to mitigate cyber risks https://ift.tt/83wUIpc the proposed system, all trade data of clients with one exchange will be stored at servers of the other exchange in their data center. This will ensure that in case of any cyber attack it does not affect the smooth functioning of the market.

Concerned over high customer grievances: Shaktikanta Das https://ifttt.com/images/no_image_card.png"Despite our enhanced focus on customer service and consumer protection, I am very concerned to notice that there are still persistent grievances in some specific areas like mis-selling, lack of transparency in pricing, disproportionate service charges, very high penal rates," Das said while speaking at a public function in Jodhpur.

Maruti heralds revival with 4-fold rise in Q2 net https://ift.tt/ATx1WyB from operations in the period under review rose 46% to ₹29,930.80 crore, from ₹20,538.90 crore in the year-ago period. The company sold a total of 517,395 vehicles during the quarter, the highest ever in any quarter. While sales in the domestic market stood at 454,200 units, exports were at 63,195 units.

Wall Street surges to sharply higher close ahead of Fed week https://ift.tt/IkCpyAN major U.S. indexes ended the session up about 2.5% or more, with the S&P and the Nasdaq notching their second straight weekly gains. The blue-chip Dow posted its fourth consecutive Friday-to-Friday advance and its biggest weekly percentage gain since May.

India, UK set to revive FTA talks; no new deadline yet https://ift.tt/aHDhT6y no new deadline to conclude the talks has been set after the Diwali target was missed, people aware of the developments said. India's gains in lieu of likely duty cuts for British alcohol and automobiles, and visa flexibilities would be the focus areas.

Fusion Micro Finance IPO price band fixed at Rs 350-368; issue to open on Nov 2 https://ift.tt/Rr3N20D company has reserved 50% of shares for qualified institutional buyers, whereas non-institutional investors will get 15% of shares. The remaining 35% of shares have been allocated to the retail bidders.

Wall St loses over $200 billion in value after report from Amazon https://ift.tt/JclwCKN weak report sent Nasdaq futures tumbling about 3%, showing traders expect Wall Street to open with a deep decline on Friday. Google-owner Alphabet and Microsoft dropped about 1% each, adding to losses following their own poorly received quarterly reports on Tuesday.

Gold flat; set for weekly gain on hopes of less hawkish Fed stance https://ift.tt/Rr3N20D European Central Bank raised interest rates by 75 basis points on Thursday and put the reduction of its bloated balance sheet on the agenda, but said "substantial" progress had already been made in its bid to fight off a historic surge in inflation.

Aditya Birla Sun Life AMC Q2 PAT rises 11% to Rs 191 cr https://ift.tt/1lmJLYj Birla Sun Life AMC, co-owned and backed by Aditya Birla Group and Sun Life Financial Inc of Canada, got listed on the stock exchanges in October 2021. Shares of the company closed 1.44 per cent up at Rs 433.50 apiece on BSE.

Chart Check: Uptrend intact in this IT company that rose over 100% in a year post breakout https://ifttt.com/images/no_image_card.png“Based on the rationale above, the stock offers a buying opportunity in the range of 695 to 675 range with a stop loss of 640 on closing basis. It has upside potential up to 800 levels in the next 2 months,” Shah recommended.

Chennai Petroleum tumbles over 15% as profit falls 99% QoQ https://ift.tt/Rr3N20D company's total expenses surged 75.84% year-on-year (YoY) to Rs 22,870.80 crore during the quarter under review. The cost of raw materials consumed soared 132.42% YoY to Rs 18,842.33 crore in the second quarter of the financial year 2023.

If you enjoy Spring Rolls, here's a recipe you would love to make again for your family and friends. And it is so simple that it can be made in 10 minutes. Well, if you are wondering how these Spring Rolls are made, here's the simple recipe. These rolls are also known as salad rolls, rice paper rolls and fresh spring rolls. All you require are rice noodles, carrot, cucumber and Chinese cabbage along with cucumber and rice paper sheets or wrappers. These rice paper sheets are first soaked in warm water for a few seconds which softens them. Afterwards, all the shredded and julienned veggies are stuffed in the centre and the sheet is rolled with the mouth open. It is that simple! Enjoy these Vietnamese Summer Rolls with sweet chilli sauce & peanut sauce. (Recipe & Image courtesy: Chef Manoj Sharma - Executive Chef at RCB Bar & Café) INGREDIENTS 10 gm rice noodles 2 rice paper sheets 10 gm carrot 10 gm cucumber 10 gm chinese cabbage 10 gm crushed peanuts 5 gm mi...

Gunmen attack major Shiite holy site in Iran, killing 15 https://ift.tt/fMaY061 TV blamed the attack on "takfiris," a term that refers to Sunni Muslim extremists who have targeted the country's Shiite majority in the past. The attack appeared to be unrelated to the demonstrations.

What changed for market while you were sleeping https://ift.tt/Zd7y39S equity investors parsed mixed messages Thursday as Chinese shares looked set for further recovery while weak tech earnings clouded the outlook for US stocks. Treasury yields fell.

Investments in energy storage, smart grid up 66% https://ift.tt/p32KnGs January-September 2022, the energy storage segment garnered $22 billion funding through 92 deals. This is 69% higher against the $13 billion raised in 74 deals in the year-ago period. The rest were made in smart grid and energy efficiency areas.

Axis Bank, IndusInd Bank could rally up to 26% in next 1 year https://ift.tt/VBSLG2J any material change in the demand environment needs to be monitored, given the challenging macro environment, we expect systemic credit to grow ~13%/14% YoY in FY23/FY24, respectively

Australian health insurer Medibank says data of all customers hacked https://ift.tt/eRGBD6M said its priority was to discover the specific data stolen in relation to each customer and to share that information with those customers. The company had previously said the breach was thought to be limited to its subsidiary arm and foreign students.

Australia inflation races to 32-year high, sounds rate alarm https://ift.tt/apJFe8H from the Australian Bureau of Statistics on Wednesday showed the consumer price index (CPI) jumped 1.8% in the September quarter, topping market forecasts of 1.6%. The annual rate shot up to 7.3%, from 6.1%, the highest since 1990 and almost three times the pace of wage growth.

US school shooting: Gunman had AR-15-style weapon, 600 rounds of ammo https://ift.tt/X146ush Harris also left behind a handwritten note offering his explanation for the shooting on Monday at Central Visual and Performing Arts High School, St. Louis Police Commissioner Michael Sack told reporters.

Tesla options hint at trouble ahead with bets around $200 https://ift.tt/VLUYArq shares have been on a dizzying roller-coaster ride this year, as jumpy investors reacted to a wide array of both positive and negative news -- ranging from supply problems, demand concerns, production disruptions in China, a cash-strapped consumer and the looming global recession, to the promise of a big boost to the EV industry from the Biden adminstration’s climate act.

Stocks in the news: RIL, ICICI Bank, Yes Bank, DLF, Kotak Bank and pharma stocks https://ift.tt/RcTnQ1d Petroleum Corporation is among the fours companies that will announce their results for September 2022 quarter today.

What changed for market while you were sleeping https://ift.tt/ugRc1bW share markets beyond China showed signs of strength on Tuesday following a rally in US stocks buoyed by optimism from early corporate earnings reports.

Will Jerome Powell be like Volcker or Burns? https://ift.tt/uZyB4LX no free lunch. To increase its chances of getting inflation back down to 2%, the Fed has to be willing to push short-term interest rates higher when the economy doesn't slow sufficiently and the labor market remains too tight. That increases the likelihood of recession. Volcker did what was necessary and beat inflation. Burns didn't, and failed. How does Powell want to be remembered?

Abu Dhabi's ADQ manages $157 billion assets: Global SWF https://ift.tt/tLdWgzD smallest of Abu Dhabi's three main sovereign wealth funds, ADQ has emerged as one of the region's most active dealmakers, and Global SWF suggested it could even merge in future with Mubadala Investment Company, Abu Dhabi's second-biggest SWF.

Skewed transmission of rates makes it tough for borrowers https://ift.tt/S4GoLRq Bank of India (RBI) data showed that banks have promptly passed on the 140-basis-point increase in the repo rate in the first half of the current fiscal, while new deposit rates have only increased by 91 basis points. One basis point is 0.01 percentage point.

Oil prices edge higher as US dollar eases https://ift.tt/5FXnrwM benchmark Brent crude futures gained 12 cents to $93.38 per barrel by 0008 GMT, while U.S. West Texas Intermediate crude futures rose 22 cents to $84.80 per barrel. U.S. business activity contracted for a fourth straight month in October, with manufacturers and services firms in a monthly S&P Global survey of purchasing managers both reporting weaker client demand.

Samvat 2079 looks more promising for Nifty bulls than last year. Here’s why https://ifttt.com/images/no_image_card.png“The Indian market has been outperforming the global markets as of now and we anticipate a decent rise in the next one year with targets of 20,500-21,000 anticipated since the last one year has been stagnant and with a breakout above 18,600 zone, at least 12%-15% gain is expected,” domestic brokerage Prabhudas Lilladher said.

History tells us that FIIs have been net sellers in only four calendar years since 2003 https://ift.tt/MDAIfc8 the last few years, any reference to an increase in interest rates in the US led to a short-term rout in stock markets of many countries including India, and thus the acceptance of the above phrase on Fed sneezing.

Private banks' profit margins soar in Q2 https://ift.tt/KULh7Ty Bank reported a 31-basis-point increase in NIM to 4.31% in the September quarter from a year earlier. NIM is the difference between the yield a bank earns on loans and the interest it pays on deposits, and is considered a key matrix to judge bank profitability. One basis point is 0.01 percentage point.

Undeterred by global central banks' moves, long-term FPIs stay put in Indian equities https://ift.tt/eZp5A0E share of sticky foreign funds - these include global central banks, pension funds, sovereign funds, and entities where a majority stake is owned by governments - in equity assets held by foreign portfolio investors rose to a record 24.30% last month, data from NSDL show. The increased share of sticky funds is an indication that redemption pressure on Indian equities will be relatively lower during the period of extreme risk aversion.

Trader's Guide: These 2 stocks can rise up to 6% in near-term https://ift.tt/eZp5A0E markets managed to stay above crucial support levels on Friday, coming off the high point of the day. Monday is a Mahurat session that generally stays quiet and positive but is more symbolic in nature. However, with strong and stable global markets, the domestic ones are likely to see trading with a positive bias. The FMCG sector is showing good performance, which opens up the possibility of stock-specific show from the group.

RBI continues to shop for US bonds for 4th month in a row https://ift.tt/PG0A9tY in US treasury has a twin advantage at a time when the US Federal Reserve is increasing rates and the dollar is getting stronger, said Bank of Baroda chief economist Madan Sabnavis. It helps gain higher returns in the long term. "Also, investment value remains strong. Any other currency will face depreciated value on principal in the present environment," he said.

Salman Rushdie lives, but loses use of eye and hand https://ift.tt/debHkGi, 75, spent years in hiding after Iran's Ayatollah Ruhollah Khomeini issued a 1989 edict, a fatwa, calling for his death after publication of his novel "The Satanic Verses," which some Muslims consider blasphemous. Over the past two decades, Rushdie has traveled freely.

Retail community set to be “happy investor” in Samvat 2079 https://ift.tt/6TESi3s relentless flows from these investors alongside domestic institutions has been nothing less than a saviour for the Indian market.​“Retail investors have always been considered as conservative in a volatile and uncertain environment,” said Vivek Goel, co-founder and joint MD at Tailwind Financial Services. Experts believe that this investor community is here to stay and cushion the downside for Indian equities in the near to medium term.

Path to Wealth Creation for Samvat 2079: Sustainable, Responsible and Impactful investing https://ift.tt/CQVWLs2 wants to make money, but they want to do it now. The lure of quick cash and high returns makes people invest in the stock markets. Most retail investors enter the markets attracted by the promise of hot tips that assure exponential returns. However, such tips seldom pay off with investors losing their investments, which makes them shun investing in the markets.

Wondering what to buy amid rise in inflation? Vinod Nair highlights 4 safe sectors to bet on https://ift.tt/A7nad4w India is in a better position, high inflation in the rest of the world will have a cascading effect on the domestic economy and the stock market.It is logical to invest in areas that are less elastic to high inflation like service providers as well as staples. Industries that have a high growth cycle, steady source of raw materials (no supply issue), and low leverage.

FIIs sold Indian stocks worth Rs 7,000 cr in 3 sectors. Will it worsen in Samvat 2079? https://ift.tt/M2bw6h1 India being the only market offering growth and stability along with status of least depreciating currency, analysts said we may not see major withdrawal of foreign funds from equities. “On a full year basis, we may not see FII flows in the next Samvat to be worse than that in the current Samvat as incrementally Indian markets will not look very expensive vis-a-vis its peers or its earnings growth,” said Deepak Jasani, Head of Retail Research, HDFC Securities

India becoming a single country allocation; offering unbeatable combination to FPIs: Nilesh Shah https://ifttt.com/images/no_image_card.png“India is transiting from being a part of global emerging markets to becoming a single country allocation. We will get money on our fundamentals, on our earnings growth no matter what happens to the emerging markets if we can make that transition. And the beginning of that transition has begun.”

F&O expiry, Q2 earnings, Ukraine war among 7 factors to guide markets next week https://ift.tt/h8MxIdG BSE Sensex and Nifty50- jumped more than 2 per cent each. Midcap and smallcap indices also ended in red, whereas fear gauge index India VIX slipped below 18-levels. On the sectoral front, buoyancy on the banking front combined with a buying in select IT, energy and FMCG majors kept the tone positive for most of the week. However, metals and media counters were disappointed. Seven key factors that will guide the markets in the truncated holiday bound festive week.

'Too late': Escape routes close on Ukraine's new front https://ift.tt/okJEZsc Ukrainian counteroffensive that saw the Russians give up most of the land they grabbed in the north of the vast war zone has reached the strategically vital south. And the great Dnieper river running across the battle-engulfed country is forming a natural new front that is splitting families and stalling the Ukrainian advance.

Sebi bars Bombay Dyeing, Ness Wadia, others from securities market for up to 2 yrs; imposes fines of Rs 15.75 cr https://ifttt.com/images/no_image_card.png"The planned reduction of shareholding in Scal to 19 per cent to avoid consolidation of financial statements of Scal, execution of non-genuine sales to Scal through MoU's, granting deferment of payment to Scal (and not any other bulk buyer), inflation of sales and profit of BDMCL, non-realization of payments from Scal etc, were all different legs of the broad 'scheme of fraud' perpetrated under the supervision and control of Noticee no. 3, 4 and 5, (Wadias) while they were at the helm of affairs at BDMCL," Sebi noted.

Should you buy gold despite surge in US dollar? https://ift.tt/OByFE7U, prevailing high domestic demand and weak currency continue to support domestic prices. Though Indian gold prices generally depend on foreign benchmarks, domestic demand, fluctuations in the value of the Indian rupee, and government policies can experience significant price variation.

Wall St Week Ahead: Megacap earnings to test fledgling U.S. stock rebound https://ift.tt/PRYXpgB, soaring U.S. bond yields are pressuring valuations and complicating the picture for tech and other growth stocks, whose expected future earnings are discounted steeply by higher yields. Yields continued to rise this week, with the yield on the benchmark 10-year Treasury note hitting a fresh 14-year high.

How to invest when a recession in lurking in the shadows https://ift.tt/ComM5Py is forward looking. There are a number of ways to interpret current trends that provide a fairly positive outlook for investing, depending on the type of slowdown that may be coming and on your horizon as an investor. None are certain, but these narratives are spreading in the markets and, if only for that reason, they are worth considering.

Axis bank shares hit new high, analysts raise price targets https://ift.tt/ulMNK5r Bank delivered surprises at one go. Sustenance of performance hereon to drive further rerating," said ICICI Securities in a client note. "The Q2FY23 earnings surpassed our and consensus expectations by a wide margin. Surprise on NIM and visibility on sustainability of operating performance compel an earnings upgrade of 13% and 8% for FY23e and FY24e."

China summons chip firms for emergency talks after US curbs https://ift.tt/6NYOtpb Ministry of Industry and Information Technology has summoned executives from firms including Yangtze Memory Technologies Co. and supercomputer specialist Dawning Information Industry Co. into closed-door meetings since Washington unveiled measures to contain China's technological ambitions.

Bleak UK shopping and borrowing data underscore challenge for new PM https://ift.tt/ebnkPip published on Friday added to signs that Britain's economy faces a recession which could be deepened by new finance minister Jeremy Hunt's plans to stem a crisis in financial markets after the brief term of Prime Minister Liz Truss. Retail sales volumes fell by 1.4% from August - almost three times the 0.5% fall in a Reuters poll of economists - taking them below their pre-coronavirus pandemic level.

Countries interested in rupee settlement mechanism: RBI deputy governor https://ifttt.com/images/no_image_card.png"Increased use of rupee in cross-border transactions requires a unified global market in rupee both in interest rates and currencies. Such unification would not only improve depth and liquidity of our markets, but they would also facilitate uniform pricing across borders," he said Thursday at the annual day event of the Foreign Exchange Dealers Association of India (FEDAI) in Mumbai.

Wall Street ends lower as Fed worries outweigh earnings https://ift.tt/qicoxPw have been under pressure this year as concerns about the impact of the Fed's aggressive path of interest rate hikes on corporate earnings and the overall economy have mounted as the central bank tries to quell stubbornly high inflation.

FPIs add construction, power, health stocks in October https://ift.tt/pWMGOg0 to NSDL data, foreign portfolio investors (FPIs) bought shares worth ₹565 crore in construction material stocks, ₹323 crore in power stocks, and ₹309 crore in capital goods stocks. These investors, who sold ₹9,199 crore worth of shares in IT stocks in September 2022, further offloaded shares in the sector worth ₹1,665 crore in the first fortnight of October.

Axis Bank net surges 66% in Q2, asset quality improves https://ift.tt/PojOmxk Amitabh Chaudhry said strong profitability, adequate capital and good prospects for growth mean the bank is in no hurry to raise money to fund its acquisition of Citibank's retail business announced earlier this year.

Varun Beverages, ABB, Page Inds and Tata Elxsi tipped to be large-caps https://ift.tt/Ii9YqsQ will officially announce the new list in the first week of January 2023, which will be valid from February to July 2023. Piramal Enterprises, Gland Pharma, Mphasis, Muthoot Finance, and Bandhan Bank are expected to move from large-cap to mid-cap, according to Nuvama.

Analysts up IndusInd targets, but stock falls https://ift.tt/2qe18Es Stanley remains overweight on the stock with a target price of ₹1,475 apiece. "Margin improved quarter-on-quarter despite higher rates," Morgan Stanley said in a client note. "(The) management guided to growth acceleration and better loan mix, asset quality. We raise estimates while valuations are attractive at current levels."

UltraTech has the right mix to take on competition https://ift.tt/Xe2Jhai company plans to add 15.4 MT capacity in the second half of the current fiscal year which will take its total capacity to 131 MT. The announcement comes in the backdrop of the Adani Group’s strategy to acquire assets.

Nominations open for new UK PM to replace Liz Truss, cut-off set at 100 MPs https://ift.tt/MYdSizU Brady, chair of the 1922 Backbench Committee in charge of Tory elections, said that potential candidates are expected to file their nominations by 2 pm local time on Monday for a final two contestants to be shortlisted. Unless there is parliamentary consensus struck around a single candidate, the final two will be put up for an expedited online voting process.

Big Movers on D-St: What should investors do with IDFC First Bank, Nestle India, and ITC? https://ift.tt/Xe2Jhai top and bottomline of the corporation could increase by double digits though margins could be under pressure. Technically, the stock has broken out of Rs 322 on the monthly charts, and more gains are anticipated.

Stocks in the news: IndusInd Bank, Bajaj Finance, Asian Paints, ITC and more https://ift.tt/8P0MNUC Paints will announce its quarterly numbers today. Helped by the increase in prices as well as continued gains in market share, the paint manufacturer is expected to log double-digit growth in sales.

US stocks close lower as rise in yields overshadows earnings https://ifttt.com/images/no_image_card.png"Ultimately earnings drives stocks but when they are being overshadowed it is tough to have that optimism, but ultimately good earnings will lead to stocks going higher, it is a matter of how much the macroeconomic picture is going to continue to hurt those earnings."

Famed 60/40 portfolio is so beaten down it's almost cheap again https://ift.tt/l4o03Sh were coming off historically high valuations for both equities and fixed income," Marvin Loh, senior macro strategist at State Street Global Markets, said in an interview. But the strategy could soon start to do what it's supposed to do, he added, "because you're getting in with fixed-income valuations that make a whole lot more sense. There's a lot more natural buyers for a 4% 10-year than there is for 0.3%.

Netflix reverses subscriber slump, shares surge 14% https://ift.tt/iWa0Qv9 estimated that competitors would end 2022 with combined operating losses of "well over $10 billion," compared with Netflix's annual operating profit of $5 billion to $6 billion.

Stocks in the news: TechM, Tata Motors, Adani Enterprises, Nestle, ICICI Lombard and ZEEL https://ift.tt/AhmgMJy, UltraTech Cement, IndusInd Bank, Havells, AU Small Finance Bank, HDFC AMC, Persistent Systems, Metro Brands and Oracle Financial Services Software are among the companies that will announce their results for September 2022 quarter today.

What changed for market while you were sleeping https://ift.tt/hcAMwYB stocks had a mixed open on Wednesday as traders assessed a solid start to the corporate-earnings season that helped extend a rally in US markets.

Gold prices edge lower on steady dollar, Fed rate-hike jitters https://ift.tt/zV9vnkc central bank sees no need in raising gold holdings in its gold and forex reserves, its deputy governor, Alexei Zabotkin said on Tuesday, shrugging off a plea from the gold miners to increase state purchases amid Western sanctions.

Goldman, Lockheed results buoy Wall Street https://ift.tt/tb638CS Fed's path has left many investors worried it could tilt the economy into a recession by making a policy mistake and raising rates too much. Fed officials have largely been in sync in comments about the need for the central bank to tamp down inflation.

Indices surge to 3-week highs on global cues https://ift.tt/92UQHAa in Asia, most major indices rose 1-2%, while key averages in Europe were up 0.2-0.9%. In the US, the Dow Jones Industrial Average, the S&P 500 and Nasdaq Composite was up around 0.9% at the time of going to press. At home, the Nifty crossed a key hurdle of 17,400, while the Volatility Index or VIX-a fear gauge-dropped, suggesting traders see lower risks of a downside to the market in the near term.

DESH Bill likely to help SEZs make use of vacant space https://ifttt.com/images/no_image_card.png"It's actually a step in the right direction and we are waiting for clarity from the government and introduction in Parliament very quickly. It was supposed to come out in the last session of Parliament but for some reasons it did not. But we are hopeful that in the upcoming winter session it should get introduced," said Rajaram Pai, chief business officer - Industrial, Mahindra Lifespace Developers.

Stocks in the news: ACC, ICICI Lombard, PVR, Tata Coffee, ZEEL and Aster DM https://ift.tt/m3slkHM Lombard GIC, Schaeffler India, Gujarat Fluorochem, Polycab, LTTS, Tata Communications, KPIT Tech, HFCL, Mahindra CIE Automotive and Praj Industries are among the companies that will announce their results for September 2022 quarter today.

What changed for market while you were sleeping https://ift.tt/zFA5RsL in Asia are set to follow Wall Street higher after the S&P 500 closed above a key technical level and the reversal of the UK’s vast fiscal stimulus bolstered global sentiment.

Govt may infuse ₹5,000 cr in state-run general insurers https://ift.tt/EIreDdw planned equity support is over and above the ₹5,000 crore already infused this year in National Insurance (₹3,700 crore), Oriental Insurance (₹ 1,200 crore) and United India Insurance (₹100 crore).

Bearish derivatives bets rise to levels seen at Covid onset https://ift.tt/7BiVZSw institutions' net bearish positions at 74% of their total bets were the highest in the past three years, said analysts. FPIs have sold shares worth ₹21,000 crore since September 1, while DIIs bought shares worth ₹22,175 crore during this period.

Fight against inflation will be prolonged and dogged: RBI https://ift.tt/tb638CS Reserve Bank of India in its October Bulletin noted that India’s fight against ‘stubborn’ retail inflation will be dogged and prolonged, given the long and variable lags with which monetary policy operates and that it is fraught with uncertainties. However, going forward RBI expects the headline inflation to ease from its September high, albeit stubbornly, on the back of easing momentum and favourable base effects.

HDFC could be out of Nifty by Dec-Jan; $1.5 billion outflow likely https://ift.tt/tb638CS housing finance company with a 5.5% weight in the Nifty could see an outflow of around $1.3-1.5 billion from the passive funds once it's excluded from the benchmark, they said. Pidilite Industries and Ambuja Cements are among the top contenders to replace HDFC, said analysts.

SBI cuts savings deposit rate by 5 basis points to 2.70 per cent; BoB raises FCNR deposit rates https://ift.tt/tb638CS new saving rates are applicable on balances of less than Rs 10 crore, on which the bank earlier offered 2.75 per cent per annum interest. The lowering of rates on savings accounts by SBI comes at a time when the peer lenders have been raising deposit rates to mobilise funds

JP Morgan elevates Kaustubh Kulkarni as India Chief https://ift.tt/gFQzTKm Morgan is aiming to gain higher footprint in local corporate lending and mergers and acquisitions as Indian becomes the fastest growing economy amid a global gloom and doom. Kaustubh Kulkarni has been a rainmaker for 24 years during which time he built a formidable leading investment banking business in India.

Work generated under NREGS rises in September after 3-month fall https://ift.tt/kh5Rpri per data from the website of the rural development ministry, 14.2 million households got work under the Mahatma Gandhi National Rural Employment Guarantee scheme in September, a 3.6% increase from August. The person days of work generated at 175.7 million were 5.08% higher than the previous month.

How badly can a recession hurt India Inc? CEOs take a guess https://ift.tt/Ln3aPS0 to the findings, 62% CEOs in India believe that a recession will upend anticipated growth, with around one-third of the CEOs saying their companies have also implemented a hiring freeze. However, taking a longer-term view, 79% CEOs expect their organisation headcount to increase over the next three years.

Stocks to buy or sell today: 10 short-term trading ideas by experts for 17 October 2022 https://ift.tt/g8EnjHF market is expected to open lower on Monday tracking muted global cues. The S&P BSE Sensex closed nearly 700 points higher on Friday while Nity50 closed just below 17200 levels. We have collated stocks from various experts for traders who have a short-term trading horizon:

Big Movers on D-St: What should investors do with Infosys, HDFC Bank and Avenue Supermarts? https://ift.tt/YjSwOum counter witnessed a double bottom formation that shows a change in trend and a momentum reversal from the prior leading price action. The overall structure looks lucrative as it trades above its all-important moving averages.

CEOs expect 10% hit to profit from a recession https://ift.tt/Ln3aPS0 to the findings, 62% CEOs in India believe that a recession will upend anticipated growth, with around one-third of the CEOs saying their companies have also implemented a hiring freeze. However, taking a longer-term view, 79% CEOs expect their organisation headcount to increase over the next three years.

Stocks in the news: Electronics Mart, HDFC Bank, DMart, Bajaj Auto and ACC https://ift.tt/5p3MUNB, Bank of Maharashtra, PVR, Can Fin Homes, Craftsman Automation, Heidelberg Cement, Spandana Sphoorty, Tata Coffee, Tata Metaliks and Oriental Hotels are among the companies that will announce their results for September 2022 quarter today.

ReNew Power to invest Rs 30,000 cr to scale up green capacities: Chairman Sumant Sinha https://ift.tt/DZsV1NE Power, a subsidiary of ReNew Energy Global Plc, is one of the largest renewable energy independent power producers (IPPs) globally. The company currently has an aggregate capacity of 13.2 gigawatt (GW), including capacity already won in competitive bids.

Global branding push for 400 items to boost exports https://ift.tt/YjSwOum Department for Promotion of Industry and Internal Trade (DPIIT) plans to hold roadshows, car shows, product demonstrations and free product trials for products tagged with Geographical Indications (GI), as part of the plan

Nifty Bank may continue to consolidate this week. What traders should do https://ift.tt/PufICdG to the continued resilience shown by the banking index, the futures open interest has been relatively lower in Bank Nifty, and fresh shorts were not seen during the week. However, stock-specific significant Call writing positions are visible among PSU and private sector heavyweights. Hence, we may see limited upsides in this pack.

With so much riding on the Fed's moves, it's hard to know how to invest https://ift.tt/RQvq6Yo at first seemed more confident that the Fed would reverse course, but anxiety returned as they worried about how much damage would be inflicted before that happened. Where the markets go from here, and how to position an investment portfolio, depend on whether and how deftly the Fed changes its strategy.

SIP inflows a saviour for Indian market, seen sustaining https://ifttt.com/images/no_image_card.png“The whole penetration story continues to play in the mutual fund industry and this is one of the reasons that is driving flows through the SIP route. Besides, SIP has become an alternative investment avenue, and has done well over a 3-year period,” said Sameer Bhise, banking analyst at JM Financial Institutional Securities.

Making Sensex weaker, Rs 27,000 crore of FII money flew away after Fed’s last rate hike https://ifttt.com/images/no_image_card.png“India's valuations are expensive in the short-term, fair in the medium term and cheap from the long-term perspective. 20 PE for FY23 is expensive, but 17 PE for FY24 is fair and from a longer-term perspective India is cheap since no other emerging market has the potential for growth and corporate earnings that India has,” said Dr VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Corporate Radar: HDFC Bank, L&T Infotech results, Hilton Metal board meeting and more https://ift.tt/YEKfxmT Facilities and Services’ board will meet for consideration of bonus share allotment

Infosys surges 5% after strong Q2, can gain 15-20% in near term https://ift.tt/9rmTMR4 analysts believe the company will continue gaining market share in technology adoption. Given strong deal wins, robust revenue guidance and a ₹9,300-crore buyback announcement, analysts said the stock has a 15-20% upside in the near term. The stock closed at ₹1,477 on Friday.

Wall Street Week Ahead: As US markets churn, some stick with rare 2022 winner: energy shares https://ift.tt/bWp9VCt also see any end to the selloff in broader markets, as stubborn inflation boosts expectations for more market-punishing rate hikes from the Federal Reserve and other central banks. The S&P 500 is down around 24% this year while bonds - as measured by the Vanguard Total Bond Market index fund - are down nearly 18%.

U.S. Treasury asks major banks if it should buy back bonds https://ift.tt/lfZSWMx Treasuries market has swelled from $5 trillion in 2007 and $17 trillion in early 2020, while banks are facing more regulatory constraints that they say make it more difficult to intermediate trades.

SAT grants interim relief to Brickwork Ratings https://ift.tt/lfZSWMx punitive regulatory action came after Sebi observed the credit rating agency failed to follow the proper rating process and exercise due diligence while providing ratings.

Bajaj Auto crosses Rs 10,000-crore revenue mark in Q2 as local sales double https://ift.tt/lfZSWMx manufacturer of the Pulsar and Platina motorcycles sold almost 1.2 million vehicles during the quarter, 23% more than the preceding quarter and 1% higher than a year earlier. Domestic sales almost doubled quarter-on-quarter to more than 694,000 units. Exports declined 21% sequentially to 581,000 units as the global economy faces headwinds.

Airbus and Qatar Airways face off again in court over A350 https://ift.tt/JmXxLBa Airways is suing Airbus over damage to the painted surface and anti-lightning system on A350 jets, saying safety could be at risk from a design defect. Airbus acknowledges quality flaws but denies design is at fault and insists the jets are safe.

Golden Crossovers: These 4 stocks signal further bullishness https://ift.tt/xsRGSoh the Nifty500 pack, four stocks are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on October 13. Take a look:

Bitcoin becoming less volatile than stocks raises warning flag https://ift.tt/oPk2yKX trading volume has also slumped. Daily readings are hovering around $47 billion right now, down from more than $100 billion at the start of the year, according to data tracker CoinMarketCap.com.

Stocks in the news: Bajaj Auto, Infosys, HDFC Life, AR Wealth, MindTree and BHEL https://ift.tt/t51Fc8i Auto, Shree Cement, Tata Elxsi, Oberoi Realty, Federal Bank, Just Dial, Spandana Sphoorty Financial, PLastiblends and Moneyboxx Finance are among the companies that will announce their results for September 2022 quarter today.

Gold slides as U.S. inflation data boosts rate-hike bets https://ift.tt/LxJCR1S Fed is seen delivering another large rate hike in three weeks' time and ultimately lifting rates to 4.75%-5% by early next year, if not further, after the inflation report. Although traditionally considered an inflation hedge, interest rate hikes to combat soaring prices have reduced bullion's appeal since it yields no interest.

Tanla Platform fixes record date for share buyback, stock rallies 11% https://ift.tt/LxJCR1S company has proposed a buyback of 14,16,666 fully paid-up equity shares of the face value of Rs 1 each at Rs 1,200 per share through the tender offer process

Ahead of allotment, Electronics Mart India remains steady in grey market https://ift.tt/HUjQPTi consumer electronics retailer is commanding a premium of Rs28-30 in the unofficial market

Big Movers on D-St: What should investors do with HCL Tech, Campus Activewear & Raymond? https://ift.tt/jXav7iD gauge India VIX shed about 2 per cent, whereas realty, FMCG and PSU indices gained 2 per cent, followed by one per cent rise in auto, power, utilities, IT and energy sectors each.

Stocks in the news: ITC, Power Grid, PVR, Tata Power, BHEL and IT stocks https://ift.tt/eT9MtiE, MindTree, Angel One, Cyient, Anand Rathi Wealth, Den Networks, Aditya Birla Money, Roselabs Finance and more are among the companies that will announce their results for September 2022 quarter today.

NSDL acquires 5.6% in Ecomm Platform ONDC for Rs 10 crore https://ift.tt/nbgBqhO to a release, NDSL has invested 10 crore to buy 1 million shares which translates to a 5.6% equity stake. ONDC is promoted by the Department for Promotion of Industry and Internal Trade and aims to provide a digital platform that aggregates sellers and buyers of various goods

Fed officials commit to restrictive rates, but say calibration needed https://ift.tt/HUjQPTi minutes show a committee united on returning inflation back to the Fed's 2% target, while several policymakers urged caution as interest rates reached into restrictive territory.

Most analysts bullish on TCS after Q2 show beats Street forecast https://ift.tt/iEW4e1Q largest IT exporter posted better-than-expected results for Q2. Revenue growth was 3.9% quarter on quarter (QoQ), better than the consensus estimate of 3.5%. Earnings before interest and tax (Ebit) margin at 24% was resilient, with 90 bps QoQ expansion, ahead of the consensus estimate of 70 bps due to deft gross margin management, higher utilisation and slight moderation in subcontracting cost.

Stocks in the news: IndusInd Bank, Adani Enterprises, Dr Reddy's, Power Grid and IT bluechips https://ift.tt/r6sSau3 Technologies, Wipro, National Standard (India), SW Solar, NxtDigital, Mangalam Industial Finance and Artson Engineering are among the companies that will announce their results for September 2022 quarter today.

Two Options to play Infosys ahead of its Sept results https://ift.tt/Qpofrtc are expecting Infosys to announce a share buyback of ₹8,000 crore to ₹10,000 crore. The buyback is expected to limit the downside in the near term, as the buyback price is likely to be at a significant premium to the current market price, according to analysts.

India's wealthy face a new hurdle to investing in offshore funds via LRS https://ift.tt/7AiQgHp are specialised investment products that are tailor-made for ultra-high-net-worth individuals and they invest predominantly in unlisted securities. Venture capital funds and private equity funds are sub-types of AIFs.

Goldman Sachs Investment buys 0.9% stake in IndusInd Ban https://ift.tt/hTvMlGE Sachs, through its Singapore entity, held 1.2 per cent stake in the private sector lender as on June 30. Foreign investors holdings in the lender are quite high at 45.83%.

Most analysts bullish on TCS after Q2 show beats Street forecast https://ift.tt/iEW4e1Q largest IT exporter posted better-than-expected results for Q2. Revenue growth was 3.9% quarter on quarter (QoQ), better than the consensus estimate of 3.5%. Earnings before interest and tax (Ebit) margin at 24% was resilient, with 90 bps QoQ expansion, ahead of the consensus estimate of 70 bps due to deft gross margin management, higher utilisation and slight moderation in subcontracting cost.

Sit on cash for now, but stocks alone can beat inflation, says Julius Baer CEO https://ift.tt/zEFd6lH is something that no one has a playbook for, at least not since the 1970s energy crisis. The most important thing is to be stable. I think we're still at a point where the scenarios diverge widely. We always tell our clients about the need to be invested.

Iran protests hit fresh orders for tea, basmati https://ift.tt/rdmHBqs insiders said Iranian buyers have stopped giving fresh orders as they are keeping a close watch on the developments in the country where the situation is tense with protests spreading and the government intensifying crackdown on protesters.

These 4 infra companies with healthy RoEs surge up to 170% in 3 years. Do you own any? https://ift.tt/ECJKsNl infrastructure and road companies are likely to see good order flow in the second half of the financial year as compared to the first half, said Axis Securities in a research report. In the current quarter, the companies' EBIDTA margins are likely to be impacted due to higher costs of commodities such as steel, cement, and diesel. However, going ahead, the softening in commodity prices is expected and that may shore up margins moving forward. The research firm expects infra companies under its coverage to see a 10 per cent revenue growth in Q2FY23. From the coverage list, two stocks, which are its preferred picks, H.G. Infra Engineering and KNR Constructions have turned multibaggers in the last three-year period.In the last three fiscal years, most of these companies have been able to post a Return on Equity (ROE) of over 15 per cent. The higher the ROE, the better a compan...

Electronics Mart India IPO: Here's how to check allotment status & GMP https://ift.tt/15mFPHg who could not get allotment in the IPO may see the initialization of refunds on October 13. Others, who would be allotted shares may see the credit of shares in the demat account by October 14. The listing of the IPO is likely on October 17.

​Golden Crossovers: These 6 stocks signal further bullishness https://ifttt.com/images/no_image_card.png​In the Nifty 500 pack, six stocks are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on October 10. Take a look:

Gold flat as firm dollar, U.S. rate-hike outlook dent appeal https://ift.tt/ECJKsNl U.S central bank is clear on the need for restrictive monetary policy to lower inflation, Fed Vice Chair Lael Brainard said on Monday, but the path and pace of rate increases will remain "data-dependent" as the central bank monitors the economy and the evolution of domestic and global risks.

Bajaj Auto buys back shares worth Rs 2,499.97 cr https://ift.tt/ECJKsNl company's board at its meeting held on June 27, 2022 had approved the proposal for buyback of the fully paid up equity shares of face value of Rs 10 each from existing shareholders except promoters, promoter group and persons in control of the company from open market at a price not exceeding Rs 4,600 per share.

Hero Moto’s EV strategy may not fetch desired results https://ift.tt/kfog39j plans to produce 30,000-40,000 Vida scooters in the first year of production. However, the pricing may make it an uphill task to reach that level of production.