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

Revenue rose to ₹ 1,491.23 crore, compared to ₹ 1,161.89 crore in the previous year

The scope of the inspection covered six distinct biological units, including four drug substance manufacturing facilities and two drug product manufacturing plants

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

AUM hit by mark-to-market loss, inflows touch ₹Rs 41,887 cr

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

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

The emerging view is that likely immigration curbs may no longer hurt tech companies as much as they once did. At the same time, likely tax cuts could leave US companies with a bigger pool of money for discretionary spending, some of which might flow to Indian IT firms

Implemented in 2004, STT is designed to combat tax evasion on capital gains and has undergone various adjustments to its rates and structure since its inception.

Hindalco, ONGC, Ramco Cements & Ambuja Cements Share Price Highlights; Sagility IPO Listing November 12, 2024

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

Sun Pharma, Infosys and ICICI Bank were the top gainers on the Sensex

JM Financial

Sensex sheds 820 points, Nifty down 257 points

Rains in Maharashtra delay kharif arrivals; prices likely to drop in a fortnight

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

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.

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

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

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

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

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

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

On October 15, the top court raised questions about the role, hiring process, and authority of the civic volunteers in West Bengal; prime accused Sanjay Roy was a civic volunteer

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

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

An analysis of buyer trends of this year’s Amazon Great Indian Festival sale so far has revealed an affinity of Bengal-based buyers towards renewable and artificial intelligence appliances like solar panels, single-equipment home gyms, robotic vacuum cleaners

A section of Trinamool Congress leaders have challenged the doctors for an electoral battle. The Assembly seats going to polls are mostly in rural and semi urban areas, where the protests might not create an impact in favour of the Opposition.

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

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

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

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

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

An internal enquiry committee had suspended the doctors for promoting a threat culture and intimidation within the hospital premises. The court said that the suspension cannot go through without the State government’s or the Health Department’s approval.

“More than 5,000 relief centres have been set up and they are expecting evacuation of around 10 lakh people,” says Odisha Revenue and Disaster Management Minister Suresh Pujari

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

This comes after the Congress appointed Subhankar Sarkar as the president of the West Bengal Pradesh Congress Committee in September, replacing Adhir Ranjan Chowdhury

This investment will enable the expansion and development of an integrated single-line bottle-to-bottle food-grade recycling plant by Magpet at Vidyasagar Industrial Park, Kharagpur

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

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

Government is bracing for impact and has removed many people from the high-risk coastal areas of the State

Process likely to continue till early morning on Friday; with widespread rain and wind, Odisha government shifts 5.84 lakh people to cyclone shelters, storm may recurve once its enters land; in West Bengal, flights and trains have been suspended and schools closed, and 24x7 helplines set up

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

"The man died at his residence while conducting some cable-related work. The post-mortem examination will give us a clear picture," CM Mamata Banerjee said

The severe cyclonic storm Dana struck the eastern coast in the early hours of October 25, triggering torrential rain and high-speed winds that uprooted trees and electric poles

Doctors to decide future course of agitation after consultation with stakeholders

Odisha Chief Minister expresses gratitude for zero casualties during Cyclone Dana and the Indian Navy mobilises relief efforts