Prime Focus shares have surged, hitting their upper circuit for the third consecutive session, fueled by investments from marquee investors like Ramesh Damani and Singularity AMC. The media company, known for its VFX work on the upcoming film Ramayana, has seen a 33% increase in stock value in the last three trading sessions.

Adani Power s stock value increased following a deal with Bhutan s Druk Green Power Corp for a hydroelectric project. The companies will jointly establish a public company in Bhutan. Adani Power shareholders approved a stock split. Each share of Rs 10 will be subdivided into five shares of Rs 2 each.

The auto sector is poised for further growth, fueled by GST-led price reductions that could boost vehicle volumes by 8-10%, according to Pankaj Pandey, Head of Research. Maruti, M&M, and Ashok Leyland are expected to benefit, along with ancillary stocks like Exide Industries and Apollo Tyres.

India remains attractive to global investors despite US tariff concerns. Anurag Singh of ET Now says investors are more focused on US economic issues. He notes India s choice to prioritize its market over US trade demands. Singh advises a balanced investment approach, expecting steady returns. He suggests allocating 20-25% to debt instruments.

Despite strong gains in the broader market, the microcap segment shows uneven performance in FY26. While some stocks like Le Travenues Technology and Gabriel India have doubled investor wealth, 27 Nifty microcap stocks fell over 10%, with 10 plunging 20–50%. Rising risks highlight the volatility and selective opportunities in microcaps.

Several prominent Indian stocks, including Wipro and Asian Paints, are currently facing strong sell recommendations from analysts. Data indicates bearish sentiment dominating IndusInd Bank and Dr. Reddy s Labs as well. Despite the caution, Tech Mahindra and Asian Paints receive some buy ratings, suggesting potential upside for investors willing to take the risk.

Urban Company s upcoming IPO contrasts with previous tech IPO disappointments like Swiggy and Paytm, showcasing stronger financials with a recent profit of Rs 240 crore. While analysts acknowledge the company s sound business model, concerns linger about its valuation of Rs 15,000 crore.

India s Securities Appellate Tribunal has instructed the Securities and Exchange Board of India (SEBI) to justify its refusal to disclose additional documents requested by Jane Street in an ongoing market manipulation case. The tribunal has also temporarily halted personal hearings with the trading firm until the next hearing on November 18. This pause delays a potential confirmatory order from SEBI.

The BRICS nations face scrutiny, with differing views on their strength. Standard Chartered s Steve Englander discusses BRICS unity amid US policy concerns. He views the US economy as a hedge fund, dependent on tech innovations. Englander highlights risks to the dollar from rising debt. He anticipates aggressive Fed rate cuts, citing a weak labor market.