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State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 530166.57 Crore).

The board of directors of Nestle India will consider the proposal of sub-division of shares of the company of face value Rs 10 each on October 19. This proposal will be considered along with the earnings for the September quarter.

Maruti Suzuki said that it planned to challenge the October 3 order and that business would not be affected by it.

The link between petroleum and the greenback is American inflation. As US retail gasoline and diesel prices climb, they could exacerbate domestic inflationary pressures in other sectors, convincing the Federal Reserve to keep interest rates higher — or even higher — for longer.

“The greed and fear indicator suggests that today everybody wants to own mid, small, micro and nobody wants to own largecaps. Our sense is that the same was repeated in 2017, though today it is to a lesser extent. In 2018-19, we saw the broader markets correcting but the Nifty held on to where it was. ”

The issue, which is an offer for sale (OFS) will see the promoter company and two investors offloading a combined 95,708,984 equity shares. Tata Motors will offer up to 81,133,706 equity shares which is 20% of the pre-offer paid-up equity share capital of Tata Technologies.

RSI or the relative strength index computes the ratio of the recent upward traction in the stock price movement relative to its absolute price movement.

​Second characteristic which is a little unusual is that it has been dominated by the industrial sector as opposed to healthcare or financials of the past.

India VIX was up by 2.95% from 11.50 to 11.78 levels in the previous trading session. Volatility was slightly on the rise and made the market move in a choppy manner with the absence of strength to the bulls.

ETMarkets did a further analysis of stocks that have given positive returns to investors consistently in October in the last three years.