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Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets."

Shares of Tata Investment Corporation fell sharply on October 21, hitting a low of Rs 1,015 on the NSE, following a 1:10 stock split. The apparent drop is purely optical, as the company’s market capitalisation and investor holdings remain unchanged. Post-split, the stock opened around Rs 1,056, making shares more affordable and improving liquidity.

HCL Technologies shares rallied despite reporting flat Q2 net profit. Revenue from operations saw an 11% year-on-year increase. Analysts offer mixed views, with targets ranging from Rs 1,600 to Rs 1,800, citing deal wins and AI growth as key drivers.

India Inc s Q2 earnings season is set for a mixed outcome, with over 50 companies anticipating double-digit profit slumps, particularly in auto, metals, and banking. Despite these individual declines, overall market earnings are expected to remain stable, driven by strong performance in sectors like oil & gas, NBFC-lending, and telecom.

Tata Capital shares: Tata Capital made a modest market debut, listing 1.23% above its issue price and closing 1.4% higher. Despite the subdued start, analysts at Emkay Global and JM Financial initiated coverage with ‘buy’ ratings and a target price of ₹360, suggesting a 10% upside. Brokerages highlighted the company’s strong Tata Group backing, solid credit profile, and improving financial metrics as major strengths.

Indian equities are poised for the festive season with strong optimism in the auto sector. Improving demand and festive momentum are expected to bring positive surprises this December quarter. Two-wheelers, EV makers, and tractor manufacturers are showing robust volume trends. Maruti Suzuki is a preferred pick in passenger vehicles. PSU banks may also attract investor interest due to attractive valuations.

Gold and silver prices surged over 1% on Tuesday to hit fresh lifetime highs, with gold futures at ₹1,26,299 per 10 grams and silver at ₹1,60,000 per kg on the MCX. The rally was fueled by renewed safe-haven demand amid U.S.-China trade tensions, expectations of U.S. rate cuts, and continued central bank buying.

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As Indian equities hover near record highs ahead of Diwali, Ventura Securities has spotlighted eight stocks expected to outperform, citing strong earnings and domestic inflows. Picks include Ambuja Cements, Adani Green Energy, Paytm, and HCC, with projected gains of up to 120% over the next two years, amid India’s growth momentum.

October s IPO market saw a significant downturn, with eight out of twelve mainboard listings trading below their issue price. Aggressive pricing and reduced retail participation are cited as key reasons for this trend. While some companies like LG Electronics and Tata Capital performed well, many others experienced post-listing declines, prompting a more discerning investor approach.

LG Electronics India shares: LG Electronics India s IPO debuted with a significant 50.4% premium, marking a strong start. This listing follows a trend of mixed performances for large Indian IPOs. Despite some past mega IPOs struggling, LG s debut highlights investor confidence. The company s brand strength and financial performance are key drivers. Analysts see continued growth potential for LG Electronics India.

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