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Nupur Recyclers to enter Lithium-ion battery market 

Nupur Recyclers is currently focused on non-ferrous metal scrap processing. It will establish a state-of-the-art plant dedicated to handling both metal scraps and lithium-ion battery recycling




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HFCL consortium wins ₹8,100 crore BharatNet phase III bids 

The shares of HFCL Limited were trading at ₹128.89 up by ₹2.10 or 1.66 per cent on the NSE today at 1.40 pm




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As production drops in Guatemala, Indian cardamom may gain on Ramadan demand

Prices projected to top ₹3,500 a kg during January-March 2025




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Sensex, Nifty close flat amid unabated foreign fund outflows, muted earnings

The NSE Nifty dipped marginally by 6.90 points or 0.03 per cent to 24,141.30




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BSE, NSE end flat after volatile session; Asian Paints tanks 8% post earnings 

The indices recovered from early losses but failed to maintain momentum through the session




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ITI emerges lowest bidder for three BharatNet packages; shares up 11 %

ITI was the lowest bidder for the ₹1,537-crore Project 15 spread across Arunachal Pradesh, Nagaland and Manipur




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Shriram AMC launches multi sector rotation fund

The multi-sector rotation fund will rotate investment across trending sectors




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Stock Market highlights: Sensex slides 820 points to 78,675, Nifty settles 257 points lower at 23,883

Sensex, Nifty, Share Prices: The benchmark indices Sensex and Nifty, which traded on a weak note on Tuesday, settled 1 per cent lower for the day. Sensex closed at 78,675.18, lower by 820.97 points or 1.03 per cent, and Nifty 50 ended at 23,883.45, down by 257.85 points or 1.07 per cent. Barring the Nifty IT and Realty indices, all the sectoral indices are in red and led by bank stocks. As the Q2 earnings season concludes, analysts anticipate fund flows influencing market direction amid ongoing volatility. Gaurav Garg of Lemonn Markets Desk suggests that traders adopt hedged strategies focusing on selective stocks. Large-cap stocks are expected to perform relatively better as valuation pressures mount on the broader market. DSP Mutual Fund highlighted that mid-cap and small-cap indices have reached peak valuations, while large-cap stocks show signs of outperformance. Continued foreign portfolio outflows add to market volatility, but Pantomath Group’s ‘Market Kaleidoscope’ report points to India’s infrastructure push and rising private investment as economic stabilisers. Globally, Asian markets opened mixed, with gains in China and Japan offset by weaker Taiwanese and Korean indices.




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Stocks that will see action today: November 12, 2024

Buzzing stocks: Max Healthcare, HFCL, Welspun, PowerGrid, Waaree Renewable, Ambuja Cements, Hyundai, Samvardhana, GIC, BSE, FSN e-Commerce, 3m India, Suven Pharma, eIH, RPower, Sundaram-Clayton




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Domestic markets likely to open flat amid mixed global cues; analysts eye fund flows post earnings season

A report from DSP Mutual Fund indicates a shift favouring large-cap stocks over small and mid-caps, as the latter reach high valuation levels




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Ramco Cements stock gains 5% as Q2 results beat street estimates

Analysts offered mixed reviews; Jefferies issued an underperform rating with a target price reduction from ₹690 to ₹680, while Motilal Oswal maintained a neutral stance with a target of ₹880.




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Negative IOD likely to emerge this month, says Australian weather agency

The weather event may affect India; no signs of La Nina evolving until Feb 2025




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Rupee drops lower, down 1 paisa at fresh all-time low of 84.39 against US dollar

Rupee pressured by continued foreign fund outflows and a firm dollar overseas




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Stocks that will see action today: November 13, 2024

Buzzing stocks: United Spirits, Tata Chemicals, MTNL, Aurobindo Pharma, LCC Infotech, Tata Power, Federal Bank, EMS, Eicher Motors, Apollo Tyres, Allcargo Terminals, Vodafone Idea, Happiest Minds, Brigade, ESAF Small Finance Bank, NBCC, Kalyan Jewellers, Garden Reach, Unichem Lab, Dredging Corp, AstraZeneca Pharma. Prism Johnson, PI Industries, Shilpa Medicare, Thermax and Thomas Cook




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Stock Market Live Updates 13 November 2024: Gift Nifty signals gap-down opening as market faces earnings and inflation pressures

Sensex, Nifty, Share Prices LIVE: Gift Nifty indicates a likely 100-point gap-down opening for Nifty at 23,870 on Wednesday as global markets remain weak. Analysts cite concerns over an earnings slowdown and persistently high inflation; Jefferies India downgraded full-year earnings for 63% of the 121 large companies it covers due to economic slowing. India’s retail inflation surged to a 14-month high of 6.21% in October, with steep rises in food and metal prices potentially influencing the RBI’s December policy stance. A continued hold on rates seems likely, but analysts at AngelOne note a shallower rate-cut cycle ahead for India, mirroring the US trend. Options data signals resistance around 24,500 due to heavy call writing and support near 23,500, with a bearish put-call ratio drop to 0.52. India VIX rose to 14.60 (+2.40%), suggesting caution; however, lower volatility generally supports bullish sentiment, according to SAMCO’s Dhupesh Dhameja.




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Nifty faces bearish pressure amid economic slowdown and rising inflation

Analysts indicate significant pressure on mid-cap and small-cap sectors as a substantial portion of companies fail to meet expectations




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Zinka Logistics IPO opens today at ₹259-273 price band

Logistics major raised ₹501 crore from anchor investors




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Kolkata doctor rape and murder: Junior doctors’ hunger strike enters 10th day; another protesting medic hospitalised

“A medical staff is in the CCU and his parameters have deteriorated. We have formed a medical board to treat him,” a senior doctor of the NRS Medical College and Hospital told




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After inconclusive talks, Bengal Chief Secretary urges doctors to call off fast-unto-death

With junior doctors insisting to continue with their hunger strike till all their demands are met the stalemate is likely to continue. So far five doctors who began hunger strike on October 5 for a ten-point demand have been hospitalised after their health condition deteriorated




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West Bengal government’s Durga Puja carnival faces protest heat

The carnival is set to be held very close to the junior doctors’ fast unto death protest site




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Kolkata rape-murder case highlights | SC asks WB govt. to furnish details on how civic police volunteers are hired

The top court remarked that the recruitment of civic police volunteers serves as a means of “granting political patronage”




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Kolkata doctor rape and murder: Junior doctors' hunger strike enters 11th day

Ongoing unrest in Kolkata as doctors’ hunger strike continues, with two more falling ill, sparking further protests




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Kolkata witnesses citizens protest carnival alongside Durga puja carnival

The Calcutta High Court had set aside the prohibitory orders imposed by Kolkata Police and pointed out that there was sufficient distance between the two venues where - Droher Carnival at Rani Rashmoni Avenue and Durga Puja immersion carnival at Red Road - were being organised




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Doctors back at work as Bengal tells SC that 90-98% of safety upgrade work is complete

Bench gives National Task Force constituted by Centre on the orders of Supreme Court three weeks to come out with “tentative recommendations”




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Kolkatan who returns to Durga Puja after 20 years: ‘Crowds still there but no bonding, people are alone clicking selfies’

According to Arpita Mandal, the City of Joy, now that she’s two decades older, is today less suitable for pandal-hopping, due to the massive crowds, and more suitable for cafe-hopping, with plenty of eateries mushrooming even in residential neighbourhoods




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Watch: Kolkata rape-murder case: SC questions civic police volunteer scheme, calls it political patronage

What transpired during the proceedings? What were the directions issued by the top court?




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Durga Puja in Kolkata not at odds with doctor protests | Analysis

The agitation by doctors and a section of citizens over the rape and murder of a doctor was not against the Durga Puja but remains primarily directed at the State government




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R.G. Kar issue: Junior doctors fast-unto-death enters 13th day

So far, six fasting junior doctors had to be hospitalised following severe deterioration of their health parameters, says Dr. Suvendu Mallick amid fast-unto-death agitation by junior doctors




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West Bengal’s Sundarbans Affairs Minister faces heat from locals over river embankment breach issues

The riverine Sunderbans region of South-coastal Bengal houses a wide network of earthen embankments, which regularly suffer breaches and decay especially during heavy rainfall, storms, and cyclones




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Protesting junior doctors collect signatures from the public in Kolkata

Aniket Mahato, one of prominent faces of the doctors’ movement who fell ill during the hunger strike, has sought Chief Minister Mamata Banerjee’s intervention to resolve the crisis




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Prime accused behind woman’s death in West Bengal’s Krishnanagar taken into seven-day police custody, SIT formed

The accused youth was arrested today based on a complaint filed by the victim’s family; he was allegedly in a relationship with the deceased victim




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Kolkata tram, suspended during Durga Puja, yet to resume; tram lovers feel it may never come back

Kolkata tram faces uncertain future as court delays decision on resuming services, sparking fears of permanent closure




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Mamata holds meeting with top officials on healthcare infra upgradation amid doctor’s fast-unto-death protest

After the meeting with CM Mamata Banerjee, the Chief Secretary Manoj Pant called for a meeting of principals and MSVPs of all the State-run hospitals




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Fire at Kolkata Hospital, 80 patients shifted to other health facilities

Family members of a cancer patient who passed away later in the day, alleged that the death was due to inhaling of smoke due to the fire.




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Durga Puja gone, wait begins in Kolkata now for book fair

The international book fair will be inaugurated on January 28 next year and go on till February 9.




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Doctors continue fast in West Bengal, question Mamata

With protesting junior doctors falling sick out of starvation, more and more doctors are joining the fasting protest at Kolkata’s Esplanade, braving heat, humidity, and deteriorating health




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R.G. Kar issue: Doctors threaten to go on strike in Bengal on Oct 22 if demands not met

Stating that they are in talks with their colleagues in other States, the medics said there may also be a country-wide strike by doctors on Tuesday (October 22, 2024) over the issue




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Mamata Banerjee reaches out to striking junior doctors, meeting scheduled on October 21

West Bengal Chief Minister refuses to accept demand made by protesting doctors seeking removal of State’s Health Secretary




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R.G. Kar victim’s parents accuse Trinamool Congress leader of hurrying cremation 

R.G. Kar victim’s parents said that they had gone to Tala Police Station to tell the police that they did not want their daughter’s body to be cremated that night




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Health-insurance premium: Sustained efforts by West Bengal forced Centre's likely decision to exempt GST: Mamata Banerjee

The Chief Minister of West Bengal said the Central Government appears to be "under pressure" to cut taxes to benefit common people




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Amid Mamata's appeal to withdraw stir, junior doctor's indefinite hunger strike enters 16th day

The protesting doctors refused to end their hunger strike until all their demands were met but agreed to join the talks on Monday, after speaking with Chief Minister Mamata Banerjee over phone




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Uncertainty looms over Kolkata’s horse-drawn carriages

The fate of the British-era mode of transport is hanging in the balance with animal rights activists pushing for a ban, alleging mistreatment of horses, and historians seeking preservation of the tradition. The High Court has urged the West Bengal government to provide alternative livelihoods as owners, drivers struggle to survive amid poor demand




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RG Kar Issue: Junior doctors meeting start with Bengal CM Mamata at state secretariat

"We are looking for a positive outcome from the meeting," said Debasish Halder, one of the agitating junior doctors, as they departed for Nabanna, the state secretariat; 17 junior doctors have gone to meet the CM




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Without V-C for a year, Visva-Bharati now asks: Who and When?

Though some local channels have announced a name, there is no official communication or confirmation on full-time V-C




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R.G. Kar case: Protesting junior doctors call off hunger strike after meeting Mamata

The two week long hunger strike came to an end after repeated requests from the government. Both parties have agreed to form a task force by March 2025




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Mamata urges PM to address hike in prices of essential medicines

‘It disrupts the accessibility of indispensable treatments, potentially hindering public health outcomes and increasing the burden on the healthcare systems,’ the West Bengal CM said in a letter to the PM




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Relief for Kolkata’s anxious tram employees, enthusiasts as service resumes after long delay

Kolkata tram service, having just three routes with only two functional, resumes after Durga Puja suspension due to traffic congestion concerns




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Cyclonic storm Dana: Kolkata airport to suspend flight operations from 6 pm on October 24

The IMD said that the cyclone is likely to make landfall between Bhitarkanika National Park and Dhamra port in neighbouring Odisha on October 25




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Cyclone Dana makes landfall highlights: Over 6 lakh evacuated in West Bengal and Odisha

Gusty winds and heavy rain lashes several parts of Odisha; East Coast Railway suspended and diverted train services




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Cyclone Dana aftermath updates: One killed in West Bengal; govt. evacuated over two lakh people, says Mamata Banerjee

The landfall process of the severe cyclonic storm Dana was complete on Friday morning and the system took at least eight and half hours to enter the landmass, IMD said