A host of firms including Bharti Airtel, Larsen &Toubro, Adani Total Gas, Gail India and Indian Oil Corporation are set to announce their financial results for Q2FY24.
Honasa Consumer's initial public offering (IPO) will open today (October 31) and can be subscribed till Thursday, November 2. The company is looking to raise a little more than Rs 1,700 crore from primary markets, by selling its shares in the fixed price band of Rs 308-324 per share. Honasa Consumer Ltd is the parent company of beauty and personal care brand Mamaearth owned by Ghazal and Varun Alagh.
Shares of Rajgor Castor Derivatives will get listed on NSE SME on Tuesday, October 31.The Rajgor Castor Derivatives IPO allotment was finalised on Thursday, October 26, 2023. The IPO bidding period ran from October 17 to October 20, 2023. The refund date was October 27, 2023, and the shares were credited to Demat accounts on October 30, 2023.
"In alignment with the positive trends in European and Asian markets, the domestic market in India experienced a boost, leading both benchmark indices to close higher for the second consecutive session. Sensex surged by 330 points, and Nifty exceeded the 19,100 mark. Although mid- and small-cap stocks also saw gains, they didn't perform as well as the benchmark Sensex," as per Mandar Bhojane, Equity Research Analyst, Choice Broking
"Looking ahead, there is potential for Nifty to reach 19,350 in the next couple of sessions. The overall market outlook remains stable to positive until Diwali. However, minor corrections might occur, particularly influenced by the global situation, notably the Israel-Hamas conflict," as per Mandar Bhojane, Equity Research Analyst, Choice Broking
The spot gold price at Comex is trading down by 0.45% to $1,997 per ounce. While the gold December future contract at MCX is trading slightly up by 0.03% at Rs 61180 per 10 grams. We believe gold prices are expected to remain highly sensitive to geopolitical news. Investors should closely monitor developments in the Middle East, as per Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities.
Crude oil prices edged lower on Monday, with benchmark NYMEX WTI crude oil trading down by 1.22% at $84.05 per barrel against the previous close. "We believe the mixed cues are the reason for the volatility in crude oil on both sides, and it will continue in the upcoming session. The MCX Crude November future has strong support at 6820/6750 and resistance at 7550/7700 for the week. NYEMX WTI crude oil has resistance at $87.8 and support at $82.25," said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities.
Babar Azam-led Pakistan will be facing Bangladesh, which is yet to announce its captain for tomorrow, if it will be Shakib-Al-Hasan who had been rested due to an injury or Najmul Hossain Shanto who led the team in the previous matches. The match will begin at 2:30 pm and will be played at Eden Gardens in Kolkata
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today.
Coinciding with the Halloween Day, Apple is set to conduct an Apple Scary Fast event today (October 31). After announcing the iPhone 15 series phones during its Wonderlust event held in September, Apple might be introducing new MacBooks and iMacs during the event, featuring the M3 chip.