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"The long-term India growth story remains intact and from a macro perspective India remains better positioned as one of the fastest growing major economies over the coming years. However, returns in the immediate term could be moderate as the valuations of the India markets enjoy a significant premium to other emerging markets."

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“If one of the partners passes away, the surviving member needs to have a clue of what investments have been done, the insurances, the fixed assets and how to go about claiming the money and transferring that money to oneself and use it effectively for the welfare of the family in general.”

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The coming week is once again a truncated one, with Tuesday being a trading holiday for the markets. From a technical perspective, a breakout above the falling trend line stands confirmed. Nifty has dragged the supports higher to 17,700-17,850 levels in the process. The Bank Nifty is still severely consolidating just below the high point. There are greater chances that it catches up given its relative underperformance over the past several days.

"The Nifty50 is in an overall uptrend on the weekly time frame and supports are gradually shifting higher. The Nifty50 immediate support is seen at 17950 and then 17850; while on the upside, resistance is seen at 18350 and then towards 18500 zones for the next few sessions. Bank Nifty has been consolidating between 40800 to 41500 zones for the past 8 sessions with more stock-specific action within the banking space."

6 Indian stocks matching Peter Lynch investing style

Updated at : 2022-11-07 10:20:05

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A hugely successful former manager of the Fidelity Magellan Fund, his philosophy is detailed in his best-selling books "One Up on Wall Street" and more recently in "Beating the Street." Lynch is often associated with the PEG ratio which measures PE ratios in relation to growth rates.

The S&P BSE Sensex closed with gains of more than 100 points while the Nifty50 held on to 18,100 levels for the week ended 4 November.

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Tata Communications Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 37081.35 Crore) operating in Telecommunications sector.

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“The stellar Q2 numbers from the PSU banking majors SBI and BoB reinforce the ongoing bullish story in banking. Rising credit growth, improving asset quality and margins bode well for the banking sector and this has the potential to take the Bank Nifty and Nifty to new highs, driven by the bulls, who are in command now. FIIs turning buyers for the seventh consecutive day is another strong positive,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

Income Tax survey conducted at Jyothy Labs premises

Updated at : 2022-11-07 09:30:04

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"The Income Tax Department (the Department) has conducted Survey under Section 133A of the Income Tax Act, 1961 in the normal course of business at the Company’s offices/ manufacturing plant," the company said in a BSE filing.

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"The facility is currently operating at significantly reduced capacity," Apple said in a statement without elaborating how much production has been impacted. "We continue to see strong demand for iPhone 14 Pro and iPhone 14 Pro Max models. However, we now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated," Apple said.

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