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People that are buying commodities are sitting on weaker and weaker currencies,” he said, referencing emerging-market and euro-area buyers. “You’re probably going to see a downturn in commodity prices.

The Reserve Bank of India in its October Bulletin noted that India’s fight against ‘stubborn’ retail inflation will be dogged and prolonged, given the long and variable lags with which monetary policy operates and that it is fraught with uncertainties. However, going forward RBI expects the headline inflation to ease from its September high, albeit stubbornly, on the back of easing momentum and favourable base effects.

Profit before tax of Tata Elxsi stood at Rs 219.17 crore, registering a fall of 4 per cent quarter on quarter

The inclusion of these stocks could bring inflows to the tune of $801 million, the research firm said

Interest income for the lender was 21% lower at Rs 276.5 crore against Rs 350.5 crore

Among sectoral indices, Nifty PSU Bank emerged as the outlier as Nifty Realty, Nifty Media and Nifty Metals plunged

BNP Paribas Arbitrage took positions in the stock and bought 33,31,32 shares at an average traded price of Rs 88.58

Last Thursday, the company said it has received Sebi’s go-ahead to list its equity shares on domestic stock exchanges

“The key paradigmatic shift in the regulatory approach towards addressing the risks from bigtechs lies in calibrating the regulatory frameworks with a mix of entity and activity based rules,” the paper said, suggesting formation of holding companies involved in financial activities, and promoting activity specific licenses.

​Cement is a beautiful business – one with regional flavours, many moving parts, clean balance sheets and where many companies make decent money