MICROSOFT HAS PRESSED WHITE HOUSE TO HALT FCC PLANS TO BAR IMPORTS OF NEW MODELS OF CHINESE OPTICAL TRANSCEIVERS- RTRS

MATRIMONY: Q2 CONS NET PROFIT 207M RUPEES VS 78M (YOY)

MATRIMONY: Q2 EBITDA 301M RUPEES VS 179M (YOY); Q2 EBITDA MARGIN 22.35% VS 14.9% (YOY)

MATRIMONY: Q2 REVENUE 1.35B RUPEES VS 1.14B (YOY)

IRAN'S FOREIGN MINISTRY REJECTS AS 'BASELESS AND HOSTILE' FRENCH ACCUSATIONS THAT IRGC WERE BEHIND CYBERATTACK ON SUPERMARKET FRIDGES

SOURCES SAY IRAN AGREED TO US DEMANDS TO CUT HIGHLY ENRICHED URANIUM LEVELS

KALYANKJIL: Q2 CONS NET PROFIT 4.27B RUPEES VS 2.61B (YOY)

KALYANKJIL: Q2 EBITDA 6.45B RUPEES VS 4.97B (YOY); Q2 EBITDA MARGIN 6.24% VS 6.33% (YOY)


KALYANKJIL: Q2 REVENUE 100.3B RUPEES VS 78.56B (YOY)

BREAKING: US CPI MOM ACTUAL 0.4% (FORECAST 0.3%, PREVIOUS 0.6%) $MACRO

US CORE CPI MOM ACTUAL 0.3% (FORECAST 0.2%, PREVIOUS 0.3%) $MACRO

SPOT SILVER FALLS 3% TO $51.51/OZ

SPOT GOLD EXTENDS LOSSES AFTER US CPI DATA, LAST DOWN 2.4% TO $4,041.10/OZ

US 2- TO 5-YEAR YIELDS RISE AT LEAST 10 BASIS POINTS ON DAY

FED'S BOWMAN SAYS PERSISTENT INFLATION AND FIRMING LABOR CONDITIONS SUGGEST THERE IS "STILL WORK TO DO," AND THAT BRINGING INFLATION DOWN REMAINS A PRIORITY

FED'S BOWMAN SAYS FINANCIAL CONDITIONS HAVE TIGHTENED AND THE FED MUST WEIGH THE COSTS OF ADDITIONAL POLICY TIGHTENING

FED'S BOWMAN SAYS CORE PCE LIKELY ROSE 3.3% IN OCTOBER ON ENERGY PRICES AND AI-RELATED DEMAND, BUT THAT AS SHOCKS UNWIND SHE FORECASTS CORE PCE TO MOVE CLOSER TO 2% NEXT YEAR

FED'S BOWMAN SAYS ECONOMIC GROWTH GAINED MOMENTUM THIS YEAR AND THAT CPI DATA SUGGESTS INFLATION PRESSURES MAY PERSIST

FED'S BOWMAN SAYS THE LABOR MARKET HAS IMPROVED, IS NOT TIGHT AND IS NOT ADDING TO INFLATION

SBI Life – Positive

IRDAI Sets Up Two Expert Panels to Draft IndAS-Aligned Risk-Based Capital

Positive for SBI Life
Analysts say SBI Life has 51% ULIP linked policies

BFSI, Capital Market Theme Stocks Rise

Banks Seeings FII Flows
NBFCs Buzzing On IIFL Finance Team
Brokerages Bullish On Capital Market/ Wealth Management
Expect Record October SIP Numbers-Today

MOSL-AARTI INDUSTRIES

INITIATING COVERAGE: Fuel additives lead; core chemistry gains momentum

(ARTO IN, Mkt Cap: USD 1.8b, CMP: ₹459 | TP: ₹600 | Upside: 31% | Rating: BUY)

NIFTY EXTENDS GAINS, ABOVE 25400 MARK

INDIA - U.S TRADE DEAL UPDATE

U.S Officials Team Visited India On November 2-3 For Talks On Proposed BTА

Both Sides Remain Engaged For Early Conclusion Of First Tranche

Both Sides Discussed Technical Issues Pertaining To Customs

Both Sides Discussed Trade Facilitation, Removing Non-tariff Barriers

NILESH SHAH, KOTAK MAHINDRA AMC

Market Underperformed In The Last 2 Years, Valuations Have Become 30% Cheaper

I Was In The US Before Diwali, Saw Flls Willing To Cut Cheque For India

Lower Crude Oil Prices Have Been A Catalyst

FIls With On Ground Presence Look At Mid & Small Ca

Positive for Navin fluorine

USFDA clear Asundixian for marketing in USA.

Asundixian is a secondary stroke inhibitor.

This would be Navin’s second molecule with Bayer.

As per secondary research, size of this molecule is approx USD 3bn euros. Almost at par to Nubeqas current sales.

Brokerage Note

NIRMAL JAIN, IIFL FINANCE

Growth Has Been Strong And We Needed Capital

Strong Balance Sheet Will Enable Co-Lending By Banks

The Funds Will Almost Double Our Capital Adequacy

Expect 70% Funds For New Loans, 30% To Repay Borrowings

The Funds Will Sustain Growth For Next 3-4 Years

GE SHIPPING COMPANY, G. SHIVAKUMAR

War Tensions & Inefficiencies Have Reduced Lately

Crude Tanker Rates Have Fallen From Highs By Approx 50% Over The Past 10 Days

Freight Rates Across The Board Are Higher YoY, But Are Off Highs In Q2

Asset Prices Went Ballistic, Especially Crude Tankers, Over Past 4 Months

We Are Modernising Our Fleet, Continue To Maintain Over ₹8,000 Cr In Cash

IIFL Finance in focus on Blackstone investment

Nirmal Jain, Founder & MD, IIFL Finance says

-Fund raise doubles Capital Adequacy

- Blackstone will get 1/2 board seats

- Cost of funds will dip with rating revision

-Net Profit can move to ₹5000cr by FY29