FPIs take out Rs 58,711 cr from equities so far in Oct (13-10-2024)
Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May.
Q2 results this week: RIL, HDFC Bank, Infosys among 145 companies to announce earnings (13-10-2024)
The second quarter earnings season is underway and as many as 145 companies will declare their results this week. Some of the marquee names include Axis Bank, Bajaj Auto, Reliance Industries, Tech Mahindra, Infosys, Nestle, HCL Tech among others.
Investors Guide: All you need to know to understand Debt to Equity Ratio (13-10-2024)
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Baba Siddique’s killing has spread fear in the entire country: Arvind Kejriwal (13-10-2024)
Baba Siddique, a former NCP leader, was shot dead in Bandra, raising fears across Maharashtra and India. Former Delhi Chief Minister Arvind Kejriwal condemned the incident, claiming it reflects a growing atmosphere of gangster rule. Two suspects, Gurmail Singh and Dharamraj Kashyap, have been arrested after reportedly surveilling Siddique for weeks.
Maharashtra, Jharkhand election dates likely to be announced next week (13-10-2024)
The Election Commission may announce the dates for Maharashtra and Jharkhand assembly polls next week. Polling might be in the second or third week of Nov, allowing time for migrant voters to return after festivals. Bypolls for over 45 seats in various states and two Lok Sabha seats might be tied to these elections.
Mcap of seven of top-10 most valued firms erode by ₹1.22 lakh cr; TCS, Reliance biggest laggards (13-10-2024)
Last week, the BSE benchmark fell 307.09 points, or 0.37 per cent, to 81,381.36