Analysts at Antique Broking believe that increased capex in the industrial, defence, and railway sectors by both gov't & private sector present long term investment oppurtunities. They note that key sectors (incl. renewables, defence, elctronics) have seen localization driven by the introduction of PLI + other schemes. Companies like ABB, Siemens, L&T, BHEL are trading at 40-55x FY26E earning.

Private and public sector banks have recently revised their lending and deposit rates due to the withdrawal of Rs 2,000 currency notes. This increase in liquidity has eased the pressure on interest rates and it is unlikely that banks will revise their rates based on the upcoming RBI MPC meeting's decision which is projected to maintain status quo.

During Q3, Central Bank of India, Union Bank of India, Indian Bank, UCO Bank & Bank of India all saw significant gains in market cap & climbed up two or more rankings while HDFC Bank, the biggest, grew by 21.63%. Private-sector ICICI Bank was close behind at 1.95%, only Kotak Mahindra Bank saw a drop (-6.02%) as market caps across the board were strong.

On October 5th, the stock market saw several small-cap stocks reach new all-time highs, signifying their potential and vigor. Six such stocks included Kaynes Technology India, Supreme Petrochem, PCBL, Chalet Hotels, Safari Industries, and Global Health. These milestone achievements offer exciting opportunities for investors in the small-cap segment.

Relative Strength Index (RSI) is a key indicator used to measure the speed and change of price movements in a stock. It falls within the category of oscillators and provides insights into a stocks' momentum and potential investment opportunities. On October 4, StockEdge reported that 10 stocks were trending up with higher RSI figures.

✅ Amid positive global cues, benchmark indices closed on a positive note today. 📢 At 3:30 PM, the Sensex improved by 405.53 points or 0.62% at 65,631.57, and the Nifty was up 109.65 points or 0.56% at 19,545.75. 📊Among sectoral, Nifty Auto (⬆️0.99%) turned out to be the best performer while Nifty PSU Bank (⬇️0.51%) saw considerable selling.

The ICC Men's Cricket World Cup is expected to boost consumption in India with people buying more travel tickets, beverages & sports merchandise for the upcoming one-and-a-half-month long extravaganza. Perfectly coinciding with festival season, consumer stocks will be a double delight for Indians; six of India’s nine group stage matches taking place on weekends, likely increasing consumption.

BHEL, a state-owned engineering firm, presented a cheque of Rs 88 crore as the final dividend to Government of India for the fiscal year 2022-23. The total amount of dividend paid to shareholders for this period is Rs 139 crore. This is part of BHEL's commitment to honour their shareholders and continue to value their contribution to the company.

Coinbase's Chief Legal Officer Paul Grewal has reported that the SEC has filed its opposition to Coinbase's motion to dismiss the case; however, the SEC's arguments imply that anything from Pokemon cards to stamps to Swiftie wristbands are securities. The SEC's lack of clarity on this case could be their biggest loss to date.

Verasity, an altcoin previously lesser-known, has made waves within the crypto world in recent weeks as it has printed weekly growth of more than 70%, making it the leader in altcoin growth. After burning 10 billion of its total VRA tokens, this move signaled maturity and prompted speculation regarding a SHIB-like tokenomics, which may continue to fuel Verasity's growth over the near term.

Robinhood recently expanded its crypto services with the introduction of support for Bitcoin and Dogecoin, leading to a massive $18.25M transfer of 300 million DOGE on 4th Oct 04:27:38 a.m. UTC for a nominal fee of $0.21USD. This transfer had no noticeable effect on the Dogecoin price, which currently stands at $0.061 with a market cap of$8.63B.

The Board of Directors of BCL Industries Ltd has approved a proposal to split its shares in a ratio of 1:10. This will result in each share being valued at Re 1, and is expected to attract more shareholders due to the lower price tag. BCL Industries is the only company with this integrated structure and they are hoping the share split will help further expand the region's business.

Foxconn, the world's largest contract electronics maker and a major Apple supplier, predicted that strong year-end holiday sales would follow September's drops, likely due to new product launches in September and rising auto component shipments. They also expect "significant growth compared to the third quarter".

Delhi HC deferred a civil suit hearing to allow SpiceJet time to resolve its dispute with a lessor. The court indicated that if they cannot, it would restrain the airline from using the engine in question. The airline has gone through various measures in 2023 to settle with the lessors.

Open Network for Digital Commerce (ONDC) is seeking to expand its current offerings of food, grocery delivery, and mobility services, into skill-based services such as appliance repair and teaching assistance. Over 60 organisations have expressed interest in the network's forthcoming financial service offerings and initiatives such as 'ONDC Network Gift Card'.