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Crude oil prices continued to decline on November 5 as Brent futures decreased 8.7% on the session to $94.62 a barrel, while WTI futures sank 8.3% on the session to $88.12 a barrel. As of around 9:35 AM, Brent crude was decreasing 0.62% on the day at $94.03 a barrel, while WTI crude plummeted 1.13% on the day to $87.12 a barrel. According to Reuters, markets were assessing the impact of the US midterm elections on the likelihood of war with Iran. In terms of the elections’ impact, energy consultant, Mukesh Sahdev, CEO of XAnalysts noted that ev

Kansai Nerolac Paints reported an 8% year-on-year growth in its Q2 profit at ₹143.99 crore (consolidated). The company also reported growth in consolidated revenue of over 18% at ₹2,317.48 crore in the quarter, with both decorative and industrial businesses performing well. Kansai Nerolac Paints said consolidated net profit for the September quarter stood at ₹143.99 crore, an 8% increase from the year-earlier period. The company said consolidated revenue reached ₹2,317.48 crore after rising over 18% during the quarter. Pravin Chaudhari, M

Torrent Power's Q2 net profit rose 13% year on year to ₹838 crore in the September quarter, the company said. The result reflected higher revenue, improved operating performance across its distribution and renewable energy businesses, and the consolidation of its Nabha acquisition. Torrent Power reports ₹838 crore profit and ₹9,802 crore revenue Torrent Power reported September-quarter net profit of ₹838 crore, compared with the year-ago period's net profit, according to the company. Revenue rose 24.5% from ₹7,876 crore a year earlier to

Twenty-six companies have set Friday, November 6 as the record date for their dividend payments, with Care Ratings' interim dividend listed at ₹10 per share. Under the T+1 settlement cycle, the preceding trading day is the cutoff for buying shares so they can be credited to demat accounts by the record date; placing an order alone does not establish eligibility. Care Ratings sets a ₹10 interim dividend record date Care Ratings fixed Friday, November 6 as the record date for an interim dividend of ₹10 per share. Petronet LNG lists a ₹7

Muthoot Finance, Manappuram and IIFL Finance shares rose on November 5 as gold prices climbed nearly 2% to a two-week high, with Muthoot Finance up 4.2% at 11:45 AM IST. Manappuram shares gained 3.7% and IIFL Finance shares were nearly 2% higher at the same time. The share moves followed gold's recovery above $4,000, supported by a weaker US dollar and lower US Treasury yields. Muthoot Finance shares rise 4.2% at 11:45 AM IST Share-price data showed Muthoot Finance shares trading 4.2% higher at 11:45 AM IST on November 5. Manappuram sh

BOJ raises key interest rate to 1.25% at 31-year high in Sept meeting. BOJ meeting minutes showed one member hinted at more rapid hikes if price gains exceeded expectations. However, there was no specific decision on next step or timing. BOJ rate reaches 1.25% as minutes allow conditional faster hikes The Bank of Japan raised its benchmark interest rate to 1.25% at the September meeting, which the central bank described as the highest level in 31 years. One policymaker said the BOJ might need to accelerate rate increases if prices show

Hong Kong stocks rose 3% on Thursday as technology shares led gains, while mainland Chinese equities advanced more modestly, according to Hong Kong and mainland market data. The move followed an overnight rise on Wall Street after Democrats won the US midterm elections, while energy shares fell as crude oil prices declined. Alibaba gains more than 7% as Hong Kong technology shares rise Alibaba rose more than 7% during Thursday's Hong Kong session, according to Hong Kong market data. Technology shares were the biggest drivers of the Hong K

Key Takeaways Brent crude was quoted at approximately $95.16 per barrel, up $0.54 or 0.57% from Wednesday's $94.62 settlement. WTI crude was around $87.94 per barrel, down $0.18 or 0.20% from its previous settlement of $88.12. The Brent-WTI spread was approximately $7.22 per barrel. The figures are live/delayed post-Indian-market quotes rather than final 5 November ICE or NYMEX settlement prices. Crude had been volatile after both benchmarks fell more than 8% in the previous session amid changing expectations around the US-Iran co