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Star Health and Allied Insurance Company Ltd., incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 40073.53 Crore) operating in Financial Services sector.

The global cryptocurrency market cap jumped to $860 billion, rising as much as 5% in the last 24 hours. However, the total trading volume tanked about one-fourth to $142.96 billion.

Despite the strong quarterly performance, brokerage firms are not too excited over the counter and have mixed ratings on the new-age stock. ICICI Securities believes that the management’s guidance towards attaining EBITDA-breakeven for Zomato business by Q1FY24 would require careful calibration of employee expenses and marketing spends.

"Fed may not go for a 100 bps hike. The market seems to be having a debate between whether it is going to be 50 bps or 75 bps. Hard to say at this point as there is still some data between now and the mid December meeting. I think it is going to be 75 bps. They made it clear they want to get to restrictive as soon as possible. Another 75 bps and it is in restrictive territory."

ZF Commercial Vehicle Control Systems India Ltd., incorporated in the year 2004, is a Mid Cap company (having a market cap of Rs 18715.79 Crore) operating in Auto Ancillaries sector.

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The changes in constituents for the MSCI global standard indices will take place on 30 November. These changes are expected to result in flows between $132 million and $ 207 million into these six stocks by the end of this month, according to an estimate by IIFL Alternative Research.

The S&P BSE Sensex fell more than 400 points while the Nifty50 managed to hold on to 18000 levels on Thursday.

“It was well known that the crucial US inflation numbers for October will sway the market either up or down depending on the trajectory of inflation. Now that the inflation print - both CPI and core- has come below expectations, the direction of the markets is a foregone conclusion,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

"The Indian economy has been resolute in the midst of a very challenging and volatile global environment. The economy has bounced back extremely well from the pandemic-led impact and we have seen strong performances from corporates. The capacity utilization numbers have been higher than pre-pandemic levels, indicating the underlying strength. The banking sector has been witnessing healthy credit demand which augurs well for the future."

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Khanna, according to the latest shareholdings filed, holds a total of 23 stocks that are estimated to value more than Rs 416.4 crore.

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