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Indices end at record highs; Sensex zooms 704 points amid firm global cues

All that happened in the markets today

IndusInd Bank hits over seven-month high; advances 33% in 6 days

The stock was up 5% at Rs 777.80, trading at its highest level since March 13, 2020.

Escorts rallies 5%, hits record high on healthy outlook in current fiscal

The company's domestic market share increased to 11.6 per cent in fiscal 2020 from 10.8 per cent in fiscal 2018. Overall, Escorts revenues are expected to register 5-6 per cent growth in fiscal 2021

Pharma shares underperform in a firm market; Glenmark, Ipca Labs fall 6%

In the past month, the S&P BSE Healthcare index underperformed the market by falling 5 per cent, as compared to 5.4 per cent rise in the S&P BSE Sensex

Voltas hits fresh record high on restructuring plan of B2B business

In Q2FY21,Voltas reported a healthy performance with consolidated revenue grew by 13 per cent year-on-year to Rs 1,613 crore led by revenue growth in all three segments.

Chart check: After hitting a new high, Sensex is now eyeing 45,000 levels

Analysts expect the US dollar to weaken, oil prices to moderate, and interest rates to remain low under president-elect Joe Biden's administration, providing a tailwind for domestic equities

Astral Poly Technik gains 4% on healthy operational performance in Q2

The management said the recovery in pipe segments has picked up momentum from September 2020 onwards

Bidenomics: Sanity in post-Covid world, but expect no instant big changes

India, with its market potential, and as a complement to the US economy stands to gain if it plays its cards right

Bidenomics: Sanity in post-Covid world, but expect no instant big changes

India, with its market potential, and as a complement to the US economy stands to gain if it plays its cards right.

Adani Gas gains for fifth straight day after it buys CGD biz in 3 new areas

The company had acquired three geographical areas namely Ludhiana, Jalandhar and Kutch (East)

Amber Enterprises plunges 7% on profit booking post Sept quarter results

EBITDA margins declined 134 basis points to 4.8 per cent in Q2FY21 due to de-operating leverage playing out considering the dip in revenues

Divi's Laboratories surges 6%, hits a record high on strong Q2 numbers

Q2FY21 EBITDA margins expanded 843 bps YoY to 42.4 per cent due to significantly better gross margin performance and lower other expenditure.

Joe Biden's US election win pumps up risk assets, dollar nurses losses

Shares surged, oil prices jumped and the dollar stayed weak as expectations of fewer regulatory changes and more monetary stimulus under US president-elect Joe Biden supported risk appetite

US poll result: India to be one of the gainers despite demanding valuations

Emerging Markets including India could offer a more compelling opportunity than developed markets.

Nifty set to scale new lifetime high soon: Sameet Chavan of Angel Broking

For Nifty, 12,430.50 is the first level to watch, and post that, the theoretical target of the 'Flag' pattern is around 12,700

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The RSI indicator of DCB Bank has shown a trend reversal and has indicated strength to maintain a positive bias

Market Ahead, November 9: Top factors that could guide markets this week

With clarity emerging on the next US president, analysts expect the benchmark indices to continue the previous week's rally and log new lifetime highs this week

Nifty to find support in the zone of 12,100: Gaurav Garg of CapitalVia

We can witness short-covering move along with addition of fresh position only if Nifty breaches 12,300

Commodity picks: 9 November, 2020

Soybean is trading at Rs 4,406 per quintal at the benchmark Indore market; Barley in Jaipur is trading at Rs 1,450 per quintal

Markets poised for fresh all-time highs as investors cheer Biden win

Experts say the markets could see some turbulence if President Donald Trump refuses to concede defeat