Titan Company Limited reported its Q2FY21 results on Wednesday. The main revenue contributor of the company is its jewellery segment. Hence, the streets always give heavy weightage for this segment’s performance. Its jewellery segment saw a reduction of 2.31 per cent in revenue from Rs 3,528 crore in Q2FY20 to Rs 3,446 crore this year. These numbers are excluding the bullion sales of Rs 391 crore.

Now, the most important question is, whether one should consider this as a buying opportunity at this juncture. It is currently trading just 0.20 times of its FY20 sales. Hence, from a valuations’ perspective, the stock may look cheaper but still, a few market participants are in wait & watch mode.

D-Street was once again gripped by uncertainty on Wednesday after news emerged that Germany and France are likely to announce new measures to curb the spike in Coronavirus cases. As we have heard time and again that ‘markets hate uncertainty’, we are going to see the Indian markets extending their losses due to this.

Expect volatility to keep traders on their toes on Thursday on the eve of the expiry of the F&O for the October series. Hence, it’s time for traders, who like to play safe to sit on the sidelines; whereas, traders, who have a stomach for risk and are willing to take risks can play their cards.

Wednesday’s trading session witnessed a bearish attack as the domestic benchmark indices plunged. In spite of weaker market sentiments, a list of stocks locked in at their respective upper circuit.

Hurst exponent, which was originally developed to model the levels of River Nile to construct a reservoir system, is now being used to check trends in MF scheme performance.

On Wednesday, the domestic benchmark indices witnessed a sharp decline as Sensex fell by 599.64 points or 1.48 per cent to close at 39,922.46 levels while Nifty ended at 11,729.60 levels, down by 159.80 points or 1.34 per cent.

Delta Corp, the largest and the only listed company engaged in India’s casino gaming industry, surged nearly 11 per cent to Rs 120 on the announcement of casino reopening in Goa and Sikkim from November 01, 2020.

The insurance company from Belgium, AG has selected Tata Consultancy Services (TCS) as a strategic partner for helping its digital channels and modernise IT systems by leveraging TCS’ Machine First approach.

Sensex sheds more than 500 points during Wednesday’s trading session whereas, the buzzing stock, Adani Green, continues its strong upward trend.