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"Russia and Saudi are the elephants in the room when it comes to OPEC and OPEC Plus, and they are taking the lead on this. They are really joined together at the hip, and they are quite aggressive with what they are doing moving forward, and this is all the way up to December. It is going to be quite fascinating how we are running into October and November and if we see some respite in early 2024."

"Sectors like HVAC, Industrial Heating, Defence, Energy, Green Hydrogen, Electrolysers etc. are direct beneficiaries of the current mission. The success of this mission is bound to increase opportunities for above mentioned and newer segments. The increase in the credibility factor is likely to benefit us in terms of export opportunities too."

The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

“HDFC Bank, Kotak Mahindra Bank and ICICI Bank are all facing different issues. Broadly, it is okay. I do not see financials in terms of real stress coming and at some point of time, the credit cycle will also reverse, some stress will come, but probably we are some quarters away from that.”

​It is a one-day candlestick pattern in which there is a small red real body and an upper shadow extending from the body is formed at the top of an uptrend.​

“We have seen clear trends of financialisation of savings over the last five or seven years.We can see this across the number of demat accounts being opened, the way SIP books of mutual funds have increased, growth of the PMS of the AIF industry. We are still in very early days of this trend.”

“It is probably a little too early to jump on IT. Probably when the Fed formally pauses and says that we are done. Even if you miss out 5-10%, that will be a better time to get into IT. For now, I am neutral. I am not exiting, but not adding either.”

From the Sensex pack, Power Grid, Wipro, UltraTech Cement, HCL Tech, and TCS opened with gains, while IndusInd Bank, Nestle, Asian Paints, JSW Steel, and Bajaj Finance opened with cuts.

Gold futures are down 0.22% or by Rs 131 on the month-to-date basis while they have gained 7.68% or by Rs 4,226 on the year-to-date basis, Anuj Gupta, Head Commodity & Currency at HDFC Securities told ETMarkets.

Jupiter Hospitals has a strategic focus on the Western India healthcare market. It is currently in the process of developing a multispecialty hospital in Dombivli, Maharashtra, which is being designed to accommodate over 500 beds. The construction of the hospital began in April 2023 and will be spread across 600,000 sq feet.