📊 Market Update
- Sensex: +39 points → closed at 83,978
- Nifty: +41 points → closed at 25,763
- Midcap & Smallcap: up 0.6–0.7%
- Bank Nifty: up 0.56%
💰 GST Collections
- October collections at ₹1.96 lakh crore
- Driven by festive season sales → 4.6% growth
- Indicates positive momentum in the Indian economy
🌏 Global Updates
- US–China Trade Deal:
- China lifted restrictions on rare earth exports
- The U.S. reduced tariffs by 10%
- A positive signal for global markets
- US Fed Update:
- 25 bps rate cut announced
- No clear hint on further cuts
- Fed injected $29.4 billion liquidity into the U.S. banking system
- Donald Trump’s Statement:
- Accused Russia, China, and Pakistan of conducting secret nuclear tests
🏦 Financial Sector
- Mitsubishi UFJ (Japan) in talks to acquire a 20% stake in Shriram Finance
- Valuation estimated at $3.5–4 billion
- Seen as a positive development for the company
- SEBI Action:
- Fined Kosar India ₹2.64 crore for penny stock manipulation
📱 Telecom Sector
- Vodafone Idea:
- Supreme Court advised the government to find a solution on the AGR dues case
- U.S. PE fund Tazha in talks to invest ₹35,000–₹52,800 crore
💊 Pharma Sector
- Orchid Pharma:
- Completed acquisition of Alektra Therapeutics (Germany)
- Focus on new antibiotic business — stock reacted positively
🏠 Corporate Updates
- OYO: Rolled back controversial bonus issue before IPO after retail investor backlash
- Zen Technologies: Won ₹289 crore defense contracts
- NCC Ltd: Secured new orders worth ₹710 crore
- Titagarh Rail Systems: Bagged ₹2,400 crore Mumbai Metro contract
- MapMyIndia: Signed MoU with Delhi Metro
- Dredging Corporation: Signed 22 MoUs worth ₹17,645 crore (+20% stock surge)
- Knowledge Marine: Signed MoUs worth ₹1,560 crore
- Mahindra & Mahindra: To launch new 7-seater EV (XUV 9S) on Nov 27
- L&T: Signed MoU with Holtec (U.S.) for nuclear sector collaboration
- Shriram Properties: Announced new villa project in Bengaluru (₹350 crore GDV)
- Smartworks: Signed 8.15 lakh sq.ft co-working space deal in Mumbai
- Delhivery: Reported record festive shipments (worth ₹19,000+ crore)
🚗 Auto Sector
- Tata Motors: Passenger vehicle sales up 27% YoY
- M&M: Up 31% YoY
- Maruti Suzuki: Sold 2.2 lakh units
- Tata Commercial Vehicles: Up 10%
- Ashok Leyland: Up 16%
→ Reflects strong festive season demand across auto manufacturers
