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Domestic equities saw a turbulent start to Samvat 2081, with the Nifty tumbling 500 points. The index showed signs of a consolidation breakdown, and a further decline could be devastating. However, oversold conditions and a potential respite from the sell-off could uplift sentiment.

Sagility India, a business process management services provider to the healthcare sector, plans to raise Rs 2,106 crore through an offer for sale. The company offers services to US-based health insurers and hospitals. While it operates at a higher margin, it faces risks from single-sector and single-market exposure.

The rupee depreciated 4 paisa, to close at 84.11/$1, versus its previous close of 84.07 per dollar, LSEG data showed. Likely interventions by the Reserve Bank of India (RBI) helped prevent a sharper decline. However, the RBI was not very aggressive in its dollar sales on Monday, traders said.

U.S. stocks opened flat on Monday, as traders stayed away from large bets in an action-packed week in which Americans will elect a new president and the Federal Reserve is likely to cut its benchmark policy rate.

A 52-week high marks the highest price a stock has reached over the past year, offering key insights for traders and investors.

The market-wide open interest (OI), or the total number of active unsettled contracts in futures markets, has fallen for the first time in 12 monthly series, the analysis showed, marking a trend reversal and indicating a bearish outlook.

The company reported consolidated revenue from operations of Rs 1,064 crore for the reporting period, a 7% increase from Rs 992 crore in the same period last year. The board has announced an interim dividend of Rs 4 per share with a face value of Rs 2 each for FY25. November 14 has been set as the record date to determine shareholder eligibility for the dividend distribution.

In Nifty 500, five stocks showed over 100% EBITDA surge YoY in the September quarter. This significant growth could indicate robust demand, efficient cost management, and a healthy business outlook, which is positive news for investors and stakeholders.

Lulu is offering 3.098 billion shares at an unchanged indicative price range of 1.94-2.04 dirhams per share with the final offer price expected to be announced on Nov. 6.