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The latest data from dealer checks of several brokerages show that prices have indeed started to increase. According to industry estimates, the all-India average cement prices increased by 7-8% month-on-month and year-on-year to Rs 384-386 per 50 kg in October 2021. Prices increased across regions helped by higher construction activities.

The Mumbai Bench of National Company Law Tribunal (NCLT) ordered the winding up of the entity, one of the group companies promoted by Choksi. The court appointed Santanu T Ray, a senior partner of AAA Insolvency Professionals LLP, as liquidator for this company.

Relative to macroeconomic configurations in 2013 when India was described as one of the fragile five countries, he said, "India is better positioned currently, as its macroeconomic fundamentals have improved significantly, and external sector indicators point to the availability of enough cushions to manage external shocks".

“Under current macroeconomic conditions, still weak demand conditions are flattening the Phillips curve in India, providing some manoeuvring room for monetary policy to support the recovery without being hemmed in by demand-driven inflation concerns,” RBI said.

Tesla shares are nearing bear market territory after tumbling over the past week as chief executive Elon Musk sold a chunk of his stock in the electric vehicle maker, and hinted that he may sell more.

The initial public offering (IPO) comprises fresh issuance of equity shares worth Rs 200 crore and an offer for sale of 85.1 lakh shares by promoters and existing shareholders, the draft red herring prospectus (DRHP) filed with Sebi showed.

In a regulatory filing on Monday, Balaji Telefilms said it is seeking approval of members of the company by way of remote e-voting process for special resolutions of the revised remunerations of Shobha Kapoor and Ekta Kapoor for the remaining period of two years of their present tenures with effect from November 10, 2021.

Its total consolidated income from operations during July-September 2021 stood at Rs 135.43 crore, against Rs 77.65 crore in the year-ago period.

In another transaction, Credit Suisse Singapore offloaded 365,607 shares of SJS Enterprises at Rs. 530.8 apiece through a bulk deal on the NSE.

From a technical perspective, it is important to note that Nifty50 has failed to sustain above 18150; this is the level that the index needs to take out convincingly to invalidate the current, potentially bearish, Head & Shoulders pattern.