ITC’s Q2 earnings are anticipated to show a modest profit increase of up to 11% year-on-year, with revenue projected to climb around 15%. Analysts expect steady cigarette volumes and an improved product mix to drive growth, though FMCG and agri segments might see slower progress.Read More

Indian Oil Corp shares hit a 52-week high after strong Q2 results driven by robust refining margins and revenue growth. Brokerages remain divided, citing steady outlook but caution over debt.Read More

Dhananjay Sinha of Systematix Group sees positive sentiment driving PSU banks, fueled by news of dilution and FII participation, despite recent lacklustre profit performance. He views the metals sector as a trading play, influenced by global dynamics and financial correlations, rather than a structural investment, citing weak underlying demand.Read More

The US Federal Reserve concludes its policy meeting today. Markets widely expect a 25 basis point rate cut. This move aims to support the economy amid a cooling labor market. Investors will watch for clues on future rate cuts and the Fed’s economic outlook. The Fed Chair’s comments will shape expectations for the coming year.Read More

Kamal Ahmed shares insights on global capital deployment. Technology and defense sectors are seeing significant investment. India’s economy shows strong long-term growth potential. Manufacturing is diversifying beyond IT services. This positions India as a key player in the global economic landscape.Read More

Brokerages are selectively positive on five stocks after strong Q2 earnings. Latent View Analytics, SBI Life, Kotak Mahindra Bank, Chennai Petroleum, and Supreme Industries show potential for significant upside. Analysts highlight growth visibility and margin discipline. These companies reported healthy results, prompting positive outlooks from financial experts.Read More

Shares of major AMCs and capital market firms slumped up to 10% on Wednesday after SEBI proposed a major revamp of mutual fund fee structures. HDFC AMC fell 6.4%, Nippon Life India AMC 7%, and Nuvama Wealth 9%, as investors reacted to potential cuts in expense ratios and brokerage commissions under the new proposal.Read More

Ace investor Sunil Singhania’s Abakkus Asset Management has reshuffled its Rs 2,700 crore portfolio, adding six new stocks including All Time Plastics and Suven Life Sciences. The fund also reduced holdings in Sarda Energy & Minerals, Ion Exchange, and Rupa & Company during the September quarter.Read More

India’s IT sector faces stress as AI reshapes jobs. Slower hiring and wage growth impact urban employment and consumer spending. While AI boosts productivity, it threatens labor-intensive roles. India must prioritize reskilling and R&D. Rising household debt adds financial risk. Export sectors also face headwinds. Swift action is needed to adapt to the technology revolution...Read More

India’s leading helmet and two-wheeler accessories maker, Studds Accessories Ltd, is launching its Rs 455.49 crore IPO from October 30 to November 3 with a price band of Rs 557–585 per share. With strong FY25 profit growth and a dominant market share, it carries a “Subscribe” rating.Read More