One trading session left. That's all Wall Street has before Tuesday, when US voters begin the process of picking their next president and potentially determining the direction of the economy for the next four years. Traders are buzzing about the possibilities, constantly checking the latest polls and moves in election betting markets to divine who's ahead.

The US stock market remains tranquil despite the uncertain political outlook, with the S&P 500 returning 23.3% through October, driven by robust corporate profits. However, fixed-income markets are sending worrying signals, with interest rates soaring and debt insurance costs rising to levels higher than other major countries, indicating concerns about the election's implications.

📌Tata Investment Corporation reported its September quarter net profit at Rs 124 crore. 📌Bharti Airtel is slated to deliver 13%-16% growth in consolidated revenues/Ebitda compounded annually through FY24-FY27. 📌Ujjivan Small Finance has started chasing the next aspiration—a universal banking licence. 📌Zen Technologies posted a net profit of Rs 63 crore in the September quarter.

📌Markets experienced range-bound consolidation last week, showing significant volatility but ultimately ending slightly higher, marking a pause in the four-week losing streak. 📌Looking forward, analysts expect markets to remain sensitive to foreign fund outflows and a subdued earnings season. 📌In the current week, investor attention will also be on developments in US markets.

Oil prices rose by more than $1 in early trading on Monday after OPEC+ said on Sunday it would delay a planned December output hike by one month. Brent futures rose by $1.14 per barrel, or 1.56%, to $74.24 a barrel. U.S. West Texas Intermediate (WTI) crude also rose by $1.14 a barrel, or 1.64%, to $70.63.OPEC+, which includes the Organization of the Petroleum Exporting Countries plus Russia.

Buy or sell stocks by Vaishali Parekh for today are as follows: 📌The Ramco Cements Ltd. (RAMCOCEM): Buy at ₹891; Target at ₹908; Stop Loss at ₹880. 📌Oil and Natural Gas Corporation Ltd. (ONGC): Buy at ₹270; Target at ₹283; Stop Loss at ₹263. 📌KPI Green Energy Ltd. (KPIGREEN): Buy at ₹810; Target at ₹840; Stop Loss at ₹795.

📌The Nifty-50 Index consolidated during the last week. 📌The Nifty-50 Index ended the week 0.05% higher at 24304.35, pausing its losing streak, with industrials, real estate, metals, and healthcare sectors being top gainers, while IT and auto underperformed. 📌In this week, investor attention will also be on developments in U.S. markets.

The dollar fell as the latest raft of US presidential election polling data showed no clear advantage between Kamala Harris and Donald Trump. Oil rose after OPEC+ delayed a hike in output. The greenback dropped against most major currencies such as the yen and the Australian dollar in early Monday trading, while 10-year Treasury futures rose.

The Federal Reserve is expected to cut interest rates for the second time this year on Thursday, despite the uncertainty of the presidential election, as inflation continues to cool. With inflation below the Fed's 2% target, policymakers are set to reduce the benchmark rate by a quarter-point to around 4.6%.

New Delhi: Gold is expected to deliver a stellar 15-18% return in Samvat 2081, driven by positive economic factors and safe-haven demand, analysts said. Samvat 2081 marks important period for Indian investors as it signals the start of a new financial year in the Hindu calendar, coinciding with the auspicious festival of Diwali. Gold and silver have delivered a robust performance in Samvat 2081.

Foreign portfolio investors (FPIs) were net sellers of government securities under the Fully Accessible Route (FAR) in October, driven by rupee volatility, narrowing interest rate differentials, and falling expectations of US Federal Reserve rate cuts, resulting in a decline in FPI investment to Rs 2.48 lakh crore.

📌Silgo Retail: The Board has appointed Trilok Chand Saini as Chief Financial Officer. 📌Zydus Wellness: Saurabh Jain has resigned from his position as Chief Digital Excellence Officer of the company. 📌Zomato: Adonmo has raised additional capital from select new investors on September 25. 📌Rushil Decor:The company will carry out a planned shutdown of its Chikmagalur MDF manufacturing unit.

The Rs 206-crore initial share sale of Rosmerta Digital Services, the biggest ever IPO from the SME segment, is set to open for subscription on November 18, with a price band at Rs 140-147 per share. In fact, this is the first IPO with more than Rs 200 crore size. Furthermore, in 2024 so far, there are 10 IPOs (including Rosmerta) with minimum size of Rs 100 crore.

The Goa Housing Board has moved to amend the rules and process for the allotment of housing plots through auction. One of the key changes made to the rules stipulates that the board must set the minimum price for a plot based on the minimum land prices fixed by the revenue department. The allotment committee has been replaced by a scrutiny committee.

ACME Solar Holdings Limited’s initial public offering (IPO) is set to open for public subscription on Wednesday, November 6, and close on Friday, November 8. The renewable energy producer set the price band for the IPO at the range of ₹275 to ₹289 per equity share with a face value of ₹2 per share. ACME Solar aims to raise ₹2,900 crore from a fresh issue of ₹2,395 crore.