Financial planners are advising investors to shift from unregulated digital gold platforms to regulated gold ETFs and funds following a Sebi caution. Concerns over counterparty risks and lack of regulatory oversight on digital gold apps, despite their growing popularity and convenience, are prompting this shift.Read More

Indian stock markets opened flat this week, boosted by positive Asian market signals. The IT sector played a significant role in this momentum. Analysts anticipate markets will trade within a defined range, influenced by global trends. Strong corporate earnings and progress in India-US trade talks could offer further upward movement.Read More

In today’s trade, shares of Bajaj Finance, Vodafone Idea, Britannia, Ather Energy, Hero MotoCorp among others will be in focus due to various news developments and second quarter results.Read More

Edtech firm Physicswallah is set to raise ₹3,480 crore via IPO to fund expansion, despite a widening net loss. The company, which has aggressively grown its offline centres, saw revenue surge but profitability remain elusive. Investors are eyeing financials closely due to a high valuation in a fragmented market.Read More

Bajaj Finance reported a 23% yearly increase in consolidated net profit to ₹4,948 crore for the July-September quarter, driven by a 22% rise in net interest income and a 26% surge in new loans booked. The NBFC’s assets under management grew 24% to ₹4.6 lakh crore, with a mild deterioration in asset quality to 1.2%.Read More

General Atlantic is close to acquiring a 7% stake in Balaji Wafers for ₹2,500 crore. This deal values the Gujarat-based snack maker at approximately ₹35,000 crore. Balaji Wafers founder Chandu Virani confirmed the negotiations are in the final stages. The company is a major player in the Indian salty snack market, ranking third nationally.Read More

E-commerce platform Meesho is preparing for its Initial Public Offering. The company aims to launch its IPO in the second week of December. The offering is expected to raise between ₹5,500 crore and ₹6,000 crore. This move will allow some investors to partially exit. Meesho has received approval from Sebi for the IPO.Read More

Asian stocks advanced for a second day as a US government shutdown resolution neared, boosting sentiment across markets. Commodities and cryptocurrencies rallied alongside equities, while Treasuries declined. The reopening is expected to restore crucial economic data, offering clarity on the Federal Reserve’s policy path.Read More

Tata Motors’ commercial vehicle arm (TMCV) will debut on exchanges on November 12, completing the automaker’s demerger into two listed entities—one for CVs and another for PVs, EVs, and JLR. Analysts see strong value unlocking potential.Read More

BofA acquired ICICI Bank and Apollo Hospitals shares worth Rs 88 crore in Monday’s block deals, while Goldman Sachs was the seller. ICICI Bank closed marginally higher, whereas Apollo Hospitals slipped 1.4% amid mixed trading sentiment.Read More