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A focused group of 41 companies from the BSE 500 delivered over 10% sales and profit growth in Q2, maintaining profit margins above 10%. Excluding banking and financials, more than half rewarded shareholders with positive returns, with the top ten stocks surging between 20% and 97%.
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European shares edged up on Friday, in what appeared to be a steady end to a week marred by worries about elevated valuations of technology-related stocks globally, while the UK’s ITV jumped on a potential sale of its broadcasting division
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Motilal Oswal expects NSE’s long-term growth to remain strong despite near-term pressure from a one-time SEBI settlement fee, forecasting steady revenue and profit growth driven by diversified income streams, product innovation, and sustained market dominance.
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The National Stock Exchange (NSE) is emerging as a frontrunner in India’s power derivatives market, with electricity futures gaining strong traction among traders, industrial users, and generators. Head of Issuer Relationship Harish Ahuja said NSE holds nearly 80% market share, with prices aligning to India’s “One Nation, One Grid, One Price” policy and growing industrial participation driving volumes.
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Tenneco Clean Air India, backed by US-based Tenneco Inc, will open its ₹3,600 crore IPO on November 12, entirely an offer for sale. With a 24% grey market premium, strong financials, and leadership in emission control systems, the issue has drawn solid investor interest ahead of listing.
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