In a surprising turn, TVS Motor Company shares took a hit even after robust quarterly earnings showcasing impressive profit and revenue growth. While Nomura sees a golden opportunity with a 'Buy' rating and a target price of Rs 3,970, thanks to promising new product launches and increasing export activities, Motilal Oswal echoes this sentiment, emphasizing the company's solid product pipeline.
Aditya Sood of InCred Asset Management is bullish on India's market, expecting financials and domestic manufacturing to lead wealth creation. He favors banks, consumer discretionary, and capital goods, while remaining cautious on IT and telecom. Gold's rally is driven by central bank diversification and global policy shifts.
Adani Total Gas shares saw a significant jump on Wednesday. This occurred even as the company reported a profit drop for the September 2025 quarter. Higher input gas prices impacted earnings. However, sales volumes and revenue grew strongly. The company managed to pass on only a portion of the cost increase to consumers.
Oil prices saw a slight increase on Wednesday after three days of declines, driven by a significant drop in U.S. crude inventories. However, gains were tempered by concerns over Russian sanctions and potential OPEC+ production increases. U.S. crude, gasoline, and distillate stocks all experienced larger-than-expected draws last week.
In the NSE list of stocks with a market cap over Rs 1,000 crore, 12 stocks gained more than 1%, and their closing prices crossed above their 200-day moving averages (DMA) on October 28, 2025, according to StockEdge.com's technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:
The Indian government is planning to sell a stake worth $1-1.5 billion in Life Insurance Corp (LIC) by year-end to increase its public float to 10%. Roadshows are expected soon to gauge investor demand for the sale, which will be conducted in multiple tranches to avoid impacting the stock price.
Securities and Exchange Board of India has eased mutual fund unit transfers. Investors can now gift units or add joint holders without a demat account. This facility is available for most schemes, excluding ETFs and certain solution-oriented funds. Transfers are processed via registrars and transfer agents. Both parties need valid KYC and folios.
Orkla India is set to launch its IPO, aiming to raise 1,668 crore by offering shares. The company, known for brands like MTR and Eastern, has seen revenue and profitability growth over the past three years. With a strong base in South India and significant export presence, investors with a high risk appetite may find this a long-term opportunity.
With time running short in the Illinois General Assemblys fall veto session, Democratic lawmakers were weighing several alternatives to raise the $1.5 billion advocates say is needed to fund public transit adequately.
Securities and Exchange Board of India has asked Multi Commodity Exchange of India for a detailed report. A technical glitch caused a delay of over four hours in trading on Tuesday. Brokers and traders could not log in or execute trades. MCX shifted operations to a disaster recovery site. Trading resumed later in the afternoon.
