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Get the appGetThe Nifty 50 index is testing the 22,800 resistance level while the Bank Nifty aims to reclaim 55,500 as market sentiment improves. After an eight-week losing streak, bulls are attempting to sustain a recovery. Traders are closely watching these levels for signs of a trend reversal amid a firm downtrend, according to recent market analyses.
Moneycontrol.com·
SportsPhoto: News18Hi SportsMohammed Shami made a strong comeback in the new Ranji Trophy season by taking 4 wickets, reaffirming his claim for selection. After the Duleep Trophy, Shami showed his sharp bowling skills and eagerness to take wickets. With Ajit Agarkar's departure and a new selection committee, hopes are rising that Shami could be next in line after Bhuvneshwar Kumar.
News18Hi Sports·
BusinessPhoto: Mint MarketsPoonawalla Fincorp shares rose nearly 8% after Q2 results but later trimmed gains. Motilal Oswal maintained a Buy rating with a ₹570 target, highlighting growth and margin improvement. Emkay retained a Reduce rating with a ₹410 target, reflecting a split in broker outlooks on the stock's near-term potential.
Mint Markets·
PoliticsPhoto: The HinduTelangana Rakshana Sena Chief Kalvakuntla Kavitha joined Bathukamma celebrations with students at Osmania University Arts College, recalling her role in popularizing the festival during the Telangana agitation. She addressed youth, criticized current political and educational issues, and apologized for past ties with the BRS regime's neglect of universities. Kavitha highlighted Bathukamma's social significance, likening it to historical freedom struggle festivals symbolizing regional identity.
The Hindu··Hyderabad
PoliticsPhoto: Deccan HeraldYouth Congress activists in Shivamogga waved black flags at Union Minister of State for Railways V Somanna, demanding the cancellation of the Special Investment Region process and the dismissal of Election Commissioner Gyanesh Kumar. The protest occurred as Somanna arrived to inaugurate a textile outlet. Police intervened to clear the way and increased security at the event venue.
Deccan Herald··Shivamogga
EntertainmentPhoto: TOI EntertainmentMadhu Kambikar, a renowned Marathi actress known for her work in over 75 films and contributions to the classical Lavani art form, passed away on October 12 at age 73. She had been bedridden for years following a stroke in 2016. Kambikar was a prominent figure in Marathi cinema and theatre, leaving a lasting legacy.
TOI Entertainment·
Moneycontrol.com·
The Nifty 50 index is testing the 22,800 resistance level while the Bank Nifty aims to reclaim 55,500 as market sentiment improves. After an eight-week losing streak, bulls are attempting to sustain a recovery. Traders are closely watching these levels for signs of a trend reversal amid a firm downtrend, according to recent market analyses.
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