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Supreme Industries declared a special dividend of Rs 6/- per equity share. The stock shall trade ex-dividend on November 7, 2022. In the past 12 months, the company has declared an equity dividend amounting to Rs 18 per share. On Friday, the scrip was trading 1.63% higher at Rs 2,237.10, over its last day’s closing price of Rs 2201.30.

The total income during the quarter ending September 30, 2022 went up to Rs 5,852.45 crore from Rs 5,028 crore recorded as on June 30, 2022. The total business stood at Rs 4,34,441 crore as against Rs 4,23,589 crore.The deposits grew to Rs 2,61,728 crore from Rs 2,60,045 crore.

Besides my momentum portfolio, I trade the index using a trend-following system and make long and short trades using the relative performance of different stocks. I think I am overly cautious as a trader, and that means I am usually conservative and err on the side of caution.

Apart from these challenges in the past decade, 2020 turned out to be the biggest blow with the Covid-19 pandemic. All these challenges have had a significant impact on Indian equities. Thus, it can be surmised that Indian equities have undergone an intense period of cleansing, now showing sustainable results.

As the US central bank continued to battle the worst outbreak of inflation in 40 years, the Fed announced four additional rate hikes this year, pegging the benchmark federal funds rates to 3.75%-4% in November.

In the September quarter, Kacholia added a stake in Shankara Building, Megastar Foods and Xpro India. Further, as per the latest filings, the investor holds 41 stocks with an estimated net worth of over Rs 1,919.3 crore, Trendlyne data shows.

A structural shift in the Indian economy, which has gained momentum during the last decade, is the formalization of the economy. Reforms like the GST have hit the informal sector hard. The informal sector, which thrived on tax arbitrage, is finding the going tough in the highly competitive business environment

Indian markets continued to exhibit resilience amid global volatility and gained almost 1% last week, while the rest of the world remained largely negative. The gains in the index were led by lightweight stocks from the Metal and Pharma sector, the top gainers for the week. Meanwhile, mid-cap space out performed Nifty by gaining more than 2% last week.

​On November 1 2022, the Ministry of Consumer Affairs, Food & Public Distribution issued a notification on the removal of stock limits on edible oils and oilseeds. The wholesale dealers and the big retail chain are exempted from the stock limit order with an immediate effect.

Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, State Bank of India, HDFC and ITC were among the gainers, while ICICI Bank, Hindustan Unilever Limited and Bharti Airtel faced erosion from their market valuation.