After peaking around 817, SBICARD saw a steep drop of nearly 78 points, marking a significant decline of around 10 per cent in its value
Oil pares gains after strongest weekly rise in over a year (07-10-2024)
Oil prices reduced after hitting a yearly high due to regional war tensions in the Middle East. Brent crude futures fell to $77.62 per barrel, and U.S. West Texas Intermediate crude slipped to $74.03 per barrel. Profit-taking and fears of Israeli retaliation against Iran influenced the market trend. OPEC has spare capacity to mitigate supply disruptions.
Stock Market Live Updates: Stock to sell today: IDBI Bank (₹83.85): SELL (07-10-2024)
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bearish for IDBI Bank. The stock has been in a strong downtrend since the last week of July this year. The 4.5 per cent fall in the second half of last week has dragged the share price well below the 200-day moving average (DMA). This can continue to keep the stock under pressure. The 200-DMA, currently at ₹85.75, can now act as a strong resistance and cap the upside.
Rajesh’s portfolio (07-10-2024)
K2 infra guidance for this year is 150 percent
100 percent CAGR a few stocks am studying Srivari spices, power and instrumentatiion Gujarat, the rest same portfioio will double by next year June Max so unless something great comes best to do nothing 
Rural Elect Corp (07-10-2024)
Agreed. Since REC follows Ind-As, my understanding is that they would only be required to create a “reserve” in balance sheet and the added provisioning requirements will have no impact on P&L (as they follow ECL provisioning norms).
Further since their Capital adequecy ratio is high – the reserve (which will be excluded from CAD and tier 1 caluclations) – again would have no impact.
If anything banks may completely vacate the space leaving the entire market for REC/PFC.
Japan leads Asian stock rally, dollar gains after blowout US payrolls (07-10-2024)
Short-term U.S. Treasury yields rose after the closely watched non-farm payrolls report on Friday showed the economy unexpectedly added the most jobs in six months in September.
GIFT Nifty up 80 points; here’s the trading setup for today’s session (07-10-2024)
Looking ahead, several important data releases and events could influence market direction. Investors will be closely monitoring developments in the geopolitical situation and its impact on crude prices.
Stocks in news: Jio Financial, Titan, Adani Wilmar, IDFC Bank, Zomato (07-10-2024)
The Department of Telecommunications (DoT) has issued a notice to Vodafone Idea concerning non-payment of bank guarantees needed to cover for past spectrum auction dues.
Stock to sell today: IDBI Bank (₹83.85): SELL (07-10-2024)
IDBI Bank share price can fall to ₹80