Warren Buffett ends his six-decade tenure at Berkshire Hathaway as a cautious investor, selling more stocks and amassing a record Rs 382 billion cash pile. With Greg Abel set to take over, Buffett leaves behind a disciplined legacy marked by patience, prudence, and one final deal with Occidental Petroleum.
Chalet Hotels reported a significant surge in revenue to Rs 735 crore and a net profit of Rs 154 crore in Q2 FY26, a substantial improvement from the previous year. The company also launched its premium lifestyle brand, ATHIVA Hotels & Resorts, with the rebranding of The Dukes Retreat.
Nifty extended its decline amid weakness in IT, auto, and metal stocks, nearing key support at 25,525. Analysts see bearish momentum below 25,590 but stability above 25,700. Stock recommendations for Thursday include Kalpataru Projects, Minda Corp, Siyaram Silk Mills, Asahi India Glass, and CCL Products with bullish technical setups.
Lenskart IPO: Lenskart Solutions Rs 7,278 crore IPO closed on November 4 with strong demand, being subscribed 28.2 times after receiving bids for 281.9 crore shares against 9.97 crore on offer. The basis of allotment will be finalized on November 6, and investors can check their allotment status on the BSE or MUFG Intime India websites.
The National Stock Exchange (NSE) has set aside Rs 1,300 crore to settle pending Sebi cases, signalling progress toward its long-awaited IPO. The move clears a major regulatory hurdle, even as Q2 profits declined due to lower trading volumes and a one-time settlement provision.
ETMutualFunds.com has shortlisted the best large & mid cap funds for November 2025 based on rolling returns, consistency measured through the Hurst Exponent, downside risk, Jensens Alpha, and minimum asset size. The recommended list includes schemes from Axis, Mirae Asset, Canara Robeco, Sundaram, Kotak and Quant. These funds balance growth and stability but require investors to tolerate moderately higher risk.
LIC is set to announce its September quarter results on Thursday, with brokerages expecting up to a 10% year-on-year drop in its Annual Premium Equivalent (APE) to Rs 14,84016,380 crore. Estimates for Value of New Business (VNB) range between Rs 2,374 crore and Rs 3,018 crore.
