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Shares of Indian brokerages, including 5Paisa Capital and Angel One, dropped after SEBI tightened derivatives trading rules. The regulator reduced the number of weekly options contracts to one per exchange and increased the minimum trading amount, effective Nov. 20. The changes are expected to significantly impact discount brokers and exchanges, according to Jefferies.

The Nifty Bank index was trading 1.02 per cent down at 52382.4.

A total of 4,635 shares changed hands on the counter till 10:09AM (IST)

Varun Saboo, Head, Equities at Anand Rathi, highlights a bull run in real estate driven by low inventory and high demand for large complexes. He projects continued strength in the sector. Saboo also points to infrastructure, especially L&T, as gaining from anticipated private capex. IT sector, though with potential, sees selective stock performance.

Reliance Group will partner with Druk Holding and Investments Ltd. to develop 500 MW of solar and 770 MW of hydroelectric power projects in Bhutan. A new subsidiary, Reliance Enterprises, will be formed. The solar plant will be built in two phases. The Chamkharchhu-1 hydro project will follow a run-of-the-river model.

Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session.

As Swiggy gears up for its Rs 10,000 crore IPO, its fierce rivalry with Zomato is set to spill over onto D-Street, with both companies likely competing to capture investor interest. With a market share of around 58% in the food delivery business and 40-45% in quick commerce, Zomato is currently the market leader in both segments. However, the competitive landscape could shift once Swiggy hits the public market and improves its performance under heightened scrutiny.

Eicher Motors shares are expected to attract attention on Thursday after its motorcycle division, Royal Enfield, reported an 11% year-on-year increase in total sales for September, reaching 86,978 units compared to 78,580 units a year earlier.

Morgan Stanley and Investec have given mixed ratings on companies like Titan, Dabur, Marico, and JSW Steel. Titan and Marico get equal-weight ratings with potential growth driven by demand. Dabur faces declines in sales and EBIDTA, while JSW Steel sees positive signs due to market conditions and a China stimulus.