Earnings due today
Results today:
HDFC, Indian Overseas Bank, Can Fin Homes, CARE Ratings, Godraj Agrovet, MRPL, HSIL, Varun Beverages, Mahindra Holidays and Resorts, NACL Industries, Bharat Electronics, HT Media, Mahindra Logistics, Sun Pharma Advanced Research, Mangalore Refinery & Petrochemicals, Intellect Design Arena, KRBL, NOCIL, Persistent Systems, SRF, Vardhamn Special Steel, Sutlej Textiles and Industries, VST Industries, Wabco India, Sundaram Fasteners, Sundaram Chemical Industries, TCI Developers, Kirloskar Brothers, Kalyani Investment are among the listed companies to post their second quarterly results today.
On Friday, Sensex closed above 40,000 for third consecutive session, and Nify ended within kissing distance of 11,900. Sensex advanced 35.98 points to 40,165 and Nifty rose 13.15 points to 11,890.
Banking and metal stocks led the gains with their BSE indices rising 273 points and 334 points, respectively.
YES Bank share price opened with a loss of 10% at Rs 59.95 today after the lender posted reported a net loss of Rs 600 crore for the second quarter ended September 30, 2019 compared to the net profit of Rs 964.70 crore in the corresponding quarter of last fiscal.Q2 earnings were 
The rupee appreciated by 16 paise to 70.65 against the US dollar in early trade as easing crude prices and sustained foreign fund inflows strengthened investor sentiments. Market participants said higher opening in domestic equity market, and hopes for a US-China trade deal also supported the local currency. At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. It, however, pared some gains and was trading at 70.65 against the dollar in morning trade.
Asian stock markets followed Wall Street higher Monday after unexpectedly strong US jobs data helped to soothe worries American factory activity was weaker than forecast. The Labor Department said American employers added 128,000 jobs in October, better than the 89,000 forecast. The Shanghai Composite Index rose 0.6% to 2,976.46 and Hong Kong's Hang Seng advanced 1.3% to 27,470.10. Seoul's Kospi added 1.3% to 2,128.12. Sydney's S&P-ASX 200 added 0.3% to 6,691.10. Taiwan, New Zealand and Southeast Asian markets also advanced.
HDFC is scheduled to announce its Q2FY20 results on Monday, November 4. As per analysts, Profit on sale of investments nearly doubled YoY to Rs 1630 cr, largely due to stake sale in GRHF (shareholding now stands at 38.2%), providing sufficient liquidity to the HFC. Dividend received amounted to Rs 1074 cr. The company is expected to report loss of around Rs 300 cr on fair value change of investments in the quarter. NII may grow 13% yoy to Rs 3432 cr. Provisions may remain almost flat yoy basis. It, however, may see a decline in credit growth due to slowdown in the real estate sector, according to analysts. 
Net investment of equity and debt reported by foreign portfolio investors (FPIs) remained positive with net buying logged at Rs 533.37 crore from Indian equities while domestic institutional investors (DIIs) turned bearish with net selling logged at Rs 136.50 crore on Friday.
Sensex touched an intraday peak of 40,483.21 and low of 40,267.30 today. Nifty too reached 11,987.35, marginally short of 12,000 level, while made an intraday low a t 11,927.60 level. 
While S&P BSE Sensex trades near high points of the day at 40,393 level, NSE Nifty50 trades 11,980.55, mere points away from 52-week recorded at 12,103.05 level.
Tata Motors shares declined 2% to the intraday low of Rs 171.50 on the BSE as the automaker reported 33% fall in to 41,354 units last month.
Top gainers in the Sensex pack included Vedanta, Tata Steel, ICICI Bank, Tata Motors, SBI, HCL Tech, Sun Pharma and Bharti Airtel, rising up to 3.20%. On the other hand, Yes Bank, Infosys, Hero MotoCorp, Bajaj Auto and HUL fell up to 4.80%. 
India’s forex reserves touched new lifetime high of $442.583 billion in the week ended October 25, helped by a jump in core currency assets and value of gold. Since March RBI has added whopping $29 billion and more than $10 billion in last one month.
Fast-food major Burger King India is looking to go public next year. And with this move, private equity player Everstone Capital, which owns a majority stake in the quick service restaurant (QSR) chain, will be looking to make at least a partial exit. Sources in the know told The Business Standard that the company will file a document for an initial public offer (IPO) this week with the Securities and Exchange Board of India (SEBI).
Benchmark indices trimmed gains by the afternoon session Monday from record high levels to trade 0.20% higher. While Sensex trades 82 points higher at 40,247 level, Nifty has risen 32 points to trade at 11,922 level. 
Varun Beverages reported healthy earnings for July-September.
