Wall Street's main indexes notched record closing highs on November 1 as Tesla shares surged and the energy sector gained.
If you look at the past, valuations might be expensive but if you look at the future on the sector-to-sector basis, they might not be that expensive.
The offer received bids for 216.59 crore shares as against 2.64 crore shares on offer.
October GST collection of Rs 1.3 lakh crore were the second-highest monthly collections since the introduction of the nationwide tax in 2017.
PB Fintech IPO is not cheap, and compared to the last place in March 2021, the issue is at 2.5x that placement.
Bulls had a strong grip of the markets as 1,593 shares advanced while 536 declined and 114 remained unchanged.
Shares of Reliance Industries (RIL) will be in focus. Jio and Google announced that JioPhone Next, will be available in stores from Diwali.
Asian stocks are trading mixed as investors reacted to economic data that showed a mixed picture of Chinese manufacturing activity in October.
Religare is bullish on Aditya Birla Fashion and Retail with price target of Rs 288 per share.
17900 - 18000 levels are likely to act as immediate resistance whereas on the flip side, immediate support is seen around 17550.