Blue Jet Healthcare made a strong debut on the Indian stock market, listing at a premium of 9.8% on the NSE and 4% over the IPO price of Rs 346 on the BSE. Its IPO was booked nearly 8 times, led by strong interest of NIIs and QIBs due to the company's promising CDMO model, solid financial performance and growing production capacity.

Top brokerage firms Nomura and CLSA have issued buy ratings on Tata Consumer, GAIL India, and Bharti Airtel, while maintaining an underperform rating for JSPL. Target prices have been set accordingly at Rs 1075, Rs 135, Rs 720, and Rs 1110, respectively. Nomura highlighted the beverage industry's resilience and strong international/non-branded business for Tata Consumer.

Shares of Lupin gained 0.6% to Rs. 1135.85 in early trade on Nov 1 after receiving an Establishment Inspection Report (EIR) from the US FDA for its Mandideep Unit-2 facility, closing with No Action Indicated classification. The board will meet on Nov 8 to consider unaudited financial results for Q&HM Sept 2023 & during Oct received approvals from US FDA.

Tata Consumer Products' stock rose 1% on November 1st after beating analysts' expectations with consolidated net profit of Rs 359.18 crore and higher revenue of Rs 3,733.78 crore for the quarter ended September. Supported by price hikes and increase in gross margins, India business grew 11%, international business up 13%, and 39% growth spanned across ‘growth’ businesses.

Asian stocks slipped on Wednesday ahead of the closely watched Federal Reserve decision later in the day. The yen hovered around one-year lows against the US dollar, prompting Tokyo to caution "one-sided, sharp" moves in the currency. China's surprising factory activity contraction in October sparked renewed concerns over their economy's recovery.

Google has reached a settlement with Match Group regarding claims that it monopolized Android app distribution with its Play Store. Epic Games remains the sole plaintiff against Google in an antitrust trial beginning this week. Google and Match have now struck a 'value exchange' partnership agreement and Google denies any wrong doing, saying they don't compete against Apple for app sales.

The prices of 19kg LPG cylinders have been revised upwards by state-run oil marketing companies Indian Oil Corporation (IOC), Bharat Petroleum Corporation, and Hindustan Petroleum Corporation from November 1st onwards. The new price for Delhi is Rs 1,833 per cylinder while that of Mumbai is Rs 1,785.50. Kolkata has a rate of Rs 1,943 per cylinder and Chennai's is Rs 1,999.50.

Bond funds are suffering losses for the first time in almost 40 years due to high US yields and strong economic data. Despite the pain, investors are loading up on bonds again in 2023, drawn in by the high yields and expecting Fed rate cuts that may boost prices in the future. Money market investments remain a popular option due to their higher returns and lower risk.

Stocks of several companies, including Bajaj Finance, Sun Pharma, Tata Steel, Britannia, Hero Moto, Adani Wilmar, Ambuja, Patanjali Foods, L&T, Airtel, Tata Consumer Products, Adani Total Gas, Lupin, Navin Fluorine, VIP Industries and Amara Raja Batteries will be in focus today due to their second quarter results, an exchange circular on Patanjali Foods, and more.

The Indian rupee opened little changed against the US dollar on Nov 1 ahead of a key US Fed Outcome. South Korean won fell 0.5%, Indonesian rupiah 0.4%, Thai baht, Taiwan dollar and Malaysian ringgit 0.2% each. Japanese yen rose 0.34%, China offshore 0.1%. The Bank of Japan redefined 1.0% as an upper bound & removed the pledge to defend it with unlimited bond purchases.

Foxconn has purchased 300 acres of land near Bengaluru International Airport to build a mobile manufacturing unit. It plans to invest Rs 8,500 crore over three phases and create 1 lakh employment opportunities in the next 10 years. Production is set to begin in April 2024 with targets of producing 1 lakh units of iPhones by Dec 2025 & 2 crore units by Dec 2028.

Tesla won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a death, one of multiple trials and federal investigations related to the tech. The jury declined to find that Tesla's software was defective, arguing that drivers ultimately bear responsibility for road accidents. Tesla's win is further proof their disclaimers have powerful court defenses.

At a shareholders' meeting on October 28, 96% of public shareholders rejected the proposed merger between Butterfly Gandhimathi Appliances and Crompton Greaves Consumer Electricals despite 63% of institutional investors favoring it. Shares of both companies fell slightly following the announcement, stating that the failed merger will not significantly change their growth strategies.

Bharti Airtel reported impressive growth in Q2 FY24 with India mobile services revenue growing 10% on-year, EBITDA increasing to Rs 19,665 crore, and strong mobile customer base (+69%) and ARPU (+6%). Brokerage firms have issued "buys"& raised target prices, while Motilal Oswal has highlighted the steady growth of the Home business.

This year China has seen stock markets falling and foreign investors leaving. But, smaller stocks often frequented byretail investors have done surprisingly well. Strategies such as Joseph Cui's of buying micro-cap artificial intelligence companies have earned him a 20% return on his investment. Markets like the Wind Micro Market Cap Index are up 37%.