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A total of 7,020 shares changed hands on the counter till 10:56AM (IST).

"Gold should always find at least ~10-15% weight in a portfolio given its negative correlation with equities. This is particularly true in India because gold is also an elegant way to play currency. Gold USD may have proven to be a poor investment over the last few years, but in India, it allows you to play currency depreciation in a very accessible way."

“I like IT largecaps in the long term because they are cash generating companies, they have no debt, they keep on giving dividends and doing buybacks and at some stage, they will become a buy – maybe six months or nine months down the line, when there is a lot of negativity around. That is the time we will have to buy them.”

“The IT stocks reacted positively marginally although I think it is more to do with the sentiments across the entire space where FIIs are clearly staying away from these names and we will have to wait and watch when and how the domestics can start buying into these names. But clearly the space looks attractive. ”

Godrej Consumer Products Ltd. key Products/Revenue Segments include Home Care, Personal Care, Hair Care, Other Operating Revenue for the year ending 31-Mar-2022.

Starting seven years ago as a bank, Bandhan has 5600 branches, 70 per cent of which are in the rural and semi-urban areas of the country. Mainly concentrated in the east, the bank plans to diversify its presence to other areas in a big way.

Retail vendors that ET spoke to also said that the team will be deploying new shop banners and point of sale elements like standees will also slowly be replaced with the new colour scheme and brand messaging. Planners peg media spending by telcos at around Rs 400 crore this festive quarter, led by Airtel. A brand refresh exercise would entail significant investments in media properties since the brand would want the new look and packaging to gain recognition among the consumers.

"Earlier, suppose the US treasury spent too much and inflation and growth rose. By increasing interest rates, you could bring them back to normal. But when there’s a war, supply shocks and climate impacts, you face raised prices, lowered growth — and no magic bullet. We’re looking at a sharp turning point in the global economy now."

After lenders restarted the sale process of Srei Equipment Finance and Srei Infrastructure Finance, administrator Rajnish Sharma had set a deadline of October 15 for accepting resolution plans.

ARCL has offered ₹100 crore to acquire ₹1,241 crore principal outstanding debt of the engineering procurement and construction (EPC) company undergoing insolvency proceedings. Based on the NARCL anchor offer, lenders have invited expressions of interest by October 15 and scheduled e-bidding on October 31.