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​The global markets have largely digested what was a taper-without-tantrum and have inched higher. The Indian markets will open on Monday following two days of holidays as Thursday just had a token one-hour Mahurat trading session. The open on Monday will largely adjust to Friday’s global trade setup which has been steady and buoyant.

Suven Pharmaceuticals on Saturday posted a 31 per cent increase in its consolidated net profit at Rs 97 crore for the second quarter ended September 30. The company had reported a net profit of Rs 74 crore in the July-September period of the previous fiscal.

The three-day IPOs of Paytm, Sapphire Foods India and Latent View Analytics are scheduled to open on November 8, November 9 and November 10, respectively.

While Kaisa did not disclose more details for the reason behind the suspension, it had said the previous day that it was facing "unprecedented pressure" on its finances.

Superlatives on the rally are piling up. Without a single down session, the Nasdaq 100 just scored two perfect weeks in a row, something that has happened only once before -- in 2017.

Retail rentals had dropped 20-25% on an overall basis in key malls and high streets as the pandemic wreaked havoc on stores and malls over several months.

This world order created over the past 40 years was first broken apart during the global financial crisis (GFC), which overnight changed the fortunes of many individuals and families, like in a wartime. In its aftermath, with all the wisdom, governments bailed out the same entities, instead of finding ways to directly help the people whose fortunes were ruined and lives were unsettled. This created more problems.

Rising valuations and hefty year-to-date gains for big technology stocks are pushing some investors to diversify away from the sector that has led markets for years. Tech stocks have soared this year, and their big weighting in the S&P 500 has helped push the index to records with a 25.1% year-to-date gain in 2021.

Bulk tea major McLeod Russel India on Friday said its bankers have signed an Inter Creditors Agreement (ICA), a precursor to a resolution plan for debt restructuring, that rekindled hope of revival of the once largest tea producer of the world.

Addressing representatives of the Indian Technical Textile Association (ITTA), the minister said the government will support production-linked incentives (PLIs) for the textile sector in states supporting the development and offering affordable infrastructure for textile manufacturing like cheap land and power.