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State Bank of India is predicted to post single-digit net interest income growth for the September quarter, fueled by loan growth but tempered by deposit costs. Brokerage estimates project net profit to range between Rs 12,894 crore and Rs 18,712 crore, with varying outlooks on year-on-year and sequential changes.

Life Insurance Corporation of India (LIC) is set to announce its July-September 2024 quarterly results today. In the previous quarter, LIC reported a 9% rise in net profit, reaching Rs 10,544 crore, and a 16% increase in net premium income, hitting Rs 1.14 lakh crore. The company also saw significant growth in both individual and group business segments.

The Indian market is predicted to stabilize, with the Nifty anticipated to fluctuate between 23,600 and 24,600. Experts suggest buying opportunities in stocks like Bank of Baroda, Biocon, and PNB, with specified target prices and stop-loss levels.

The Nifty Index showed resilience after a recovery, stabilizing near key support levels. Analysts suggest a Bull Call Spread to benefit from potential upward momentum. OI data reflects cautious sentiment.

Since launch the BSE 500 has delivered a good 31% compounded returns. We have given double that of the market with a staggering 62% compounded since launch.

Brent crude oil futures fell 26 cents, or 0.3 Percent , to $75.37 per barrel by 0209 GMT. U.S. West Texas Intermediate (WTI) crude gained 35 cents or 0.5 Percent to $72.01. The benchmarks fell after rising nearly 1 Percent on Thursday.

Mahindra & Mahindra (M&M) reported a 13% YoY growth in standalone net profit for Q2FY25, reaching Rs 3,841 crore, surpassing street estimates of Rs 3,581 crore. Revenue grew 12% YoY to Rs 28,919 crore, while EBITDA stood at Rs 5,270 crore with 18.2% margins. The auto segment achieved record quarterly volumes, including 1.36 lakh units of UV sales.

Over 150 companies, including major players like SBI, LIC, Tata Motors, and Vedanta, are set to release their July-September 2024 quarter results today. SBI is predicted to show single-digit growth in net interest income, while Tata Motors is expected to see a 30% rise in net profit despite muted revenue growth.

Vedanta will release its July-September 2024 quarterly results later today. The company is expected to report a profit compared to a loss in the same period last year. Analysts predict a profit between Rs 2495-2600 crore, attributing the turnaround to higher base metal prices.

T D Power Systems and DCM Shriram have set November 11 as the record date for their announced dividend payouts. Investors looking to receive dividends from these companies have until today to purchase shares. T D Power Systems announced an interim dividend of Rs 0.60 per share, while DCM Shriram declared an interim dividend of Rs 2 per share.