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Diesel market flashes warning sign in India as growth slows

Economictimes.indiatimes.com 

India's diesel demand experienced stagnation in October, marking a potential shift in the nation's fuel consumption patterns. This slowdown, attributed to factors like a cooling economy and evolving consumer preferences, raises concerns for the global oil market.

Embassy Office Parks shares in focus as CEO steps down after Sebi directive

Economictimes.indiatimes.com 

Shares of Embassy Office Parks REIT are in focus as CEO Aravind Maiya was suspended by SEBI for violating compliance norms. Maiya will transition to the role of Head of Strategy for the company. This follows an NFRA ruling that debarred him for 10 years over professional misconduct related to his prior role as an auditor for Coffee Day Enterprises, where lapses in audit standards contributed to a major financial scandal.

US states worried about election unrest take security precautions

Economictimes.indiatimes.com 

The United States is preparing for its Presidential election. Security is high across the country. The National Guard is active or on standby in many states. Some states are using fences, drones, and extra police officers to ensure safety. Some usual voting locations are closed due to security concerns. Citizens are noticing and acknowledging the security measures in place.

Top 10 mutual funds to invest in November 2024

Economictimes.indiatimes.com 

We have chosen two schemes from five different equity mutual fund categories - aggressive hybrid, large cap, mid cap, small cap and flexi cap schemes – which we believe should be enough for regular mutual fund investors. There are caveats: read till the end to ensure you are picking up the best scheme for you.

F&O Radar| Deploy Bear Put Spread in Grasim for potential gains from bearish outlook

Economictimes.indiatimes.com 

Grasim, currently at Rs 2590.60, signals potential downside with a bearish engulfing candle and weakening momentum. Analysts predict further decline below Rs 2,580, targeting support levels at Rs 2,490 and Rs 2,420. Option data and technical indicators support this bearish outlook, suggesting a Bear Put strategy for potential gains.

Add IRB Infrastructure Developers, target price Rs 69: HDFC Securities

Economictimes.indiatimes.com 

HDFC Securities suggests adding IRB Infrastructure Developers shares with a target price of Rs 69. Currently, the share price is Rs 53.63. The company reported a decrease in income and a rise in net profit for the latest quarter. Future orders and increased toll growth are expected to improve the outlook.

Donald Trump or Kamala Harris? Who is better as US President for Nifty bulls

Economictimes.indiatimes.com 

As the US election results loom, Indian markets brace for potential volatility. Analysis of market performance under past presidents reveals no clear winner for investors. Experts predict a short-term rally if Trump wins, while a Harris victory suggests continued stability but potential vulnerability for IT stocks.

Exide Industries shares in focus after Q2 profit drops 14%. Should you buy or sell?

Economictimes.indiatimes.com 

Exide Industries reported a 13.66% decline in Q2 PAT to Rs 233.4 crore, impacted by higher expenses, though revenue grew modestly. Robust demand in the two-wheeler and four-wheeler replacement markets, as well as industrial-UPS and solar, supported growth. Analysts remain bullish, with Nomura maintaining a 'Buy' rating and Citi lowering its target price, citing strong demand and growth potential.

Hot stocks: Brokerage view on Amara Raja, ABB, HDFC Bank and Exide

Economictimes.indiatimes.com 

Citi has reiterated its 'Buy' rating on HDFC Bank, setting a target price of Rs 1,990. HDB has filed for an IPO to meet mandatory listing requirements and raise capital for growth. HDB is a leading, diversified NBFC-UL with a strong AAA credit rating. After the IPO, HDB’s valuation at 3-4x would account for 2.8-4.3% of HDFC Bank’s market capitalization.

Anti-India conspiracy being hatched by Canada and Pakistan’s ISI? New Delhi has “irrefutable evidence”

Economictimes.indiatimes.com 

India is demanding the extradition of Canadian Border Security Agency employee, Sandeep Singh Sidhu, alleging his involvement in the 2020 assassination of Shaurya Chakra awardee Balwinder Singh Sandhu. Indian intelligence claims Sidhu, an alleged member of the banned International Sikh Youth Federation, orchestrated the killing with Pakistani ISI support, using Gurjit Singh as a hitman.

Stocks to buy or sell today: SBI, Info Edge among top 7 trading ideas for November 5, 2024

Economictimes.indiatimes.com 

The Indian market is expected to consolidate on 5 November 2024, following mixed global cues. The Nifty50 index closed below 24,000, indicating potential weakness. Bearish sentiment dominates, with increased call writing and a rising put-call ratio. Experts suggest short-term trading opportunities in stocks like SBI, Info Edge, and Bharat Electronics, recommending buy and sell strategies based on technical analysis.

Chhath Puja 2024: Wishes, messages, WhatsApp, Facebook status in Hindi and English to share with family and friends

Economictimes.indiatimes.com 

Chhath Puja 2024 will soon be celebrated by families across North India. The four-day festival honors the Sun God and Chhathi Maiya. People observe fasts and perform rituals at sunrise and sunset. The festival symbolizes gratitude for life and seeks divine protection. Share festive greetings with loved ones using stickers and GIFs on social media platforms.

Buy Kotak Mahindra Bank, target price Rs 1,916: Axis Securities

Economictimes.indiatimes.com 

Axis Securities recommends buying Kotak Mahindra Bank with a target price of Rs 1,916. The current price is Rs 1,741.25. The bank reported positive financial growth in recent quarters. Axis Securities expects growth in advances, NII, and earnings by FY24-27E. Promoters and foreign investors hold significant stakes in the bank.