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Chequered Flag Nov. 11: Headlines At A Glance

Today's top stories, including Bitcoin's surge past $82,000, Q2 results of Britannia and ONGC, and more.

Bitcoin Soars Above $82,000

Bitcoin rallied past $82,000 for the first time, boosted by US President-elect Donald Trump’s embrace of digital assets and the prospect of a US Congress featuring pro-crypto lawmakers.

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Nifty, Sensex Little Changed

The NSE Nifty 50 and BSE Sensex closed flat on Monday, with losses in Asian Paints and Reliance Industries offset by gains in HDFC Bank and ICICI Bank.

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Naresh Goyal Gets Bail

The Bombay High Court on Monday granted bail to Jet Airways founder Naresh Goyal in a money laundering case filed by the Enforcement Directorate.

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Asian Paints Stock Falls To Over 3-Year Low

Asian Paints share price fell to the lowest level in over three years on Monday after brokerages flagged growth concern in the near term.

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Tax Dept Targets Bogus Claims

The Income Tax Department has issued notices to several taxpayers who have claimed disproportionate refunds, according to people with knowledge of the matter.

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RBI's New Norm For Foreign Inflows

RBI shared an operational framework for the reclassification of foreign portfolio investment as foreign direct investment, upon the breach of the prescribed limit imposed on FPI.

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Britannia Industries Q2 Profit Dips

Britannia Industries' consolidated net profit fell 9% to Rs 531 crore, compared to consensus estimate of Rs 630 crore.

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ONGC Q2 Revenue Down

ONGC's revenue fell in the quarter ended September, in the backdrop of a decrease in income across all its segments.

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Gold ETFs Keep Their Sheen

Investors continued to move money into gold exchange-traded funds, with inflows hitting a new record of Rs 1,962 crore in October. This was the sixth consecutive month of net inflows.

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India Gets New Chief Justice 

Sanjiv Khanna is the 51st Chief Justice of India after President Murmu administered the oath of office. He will be serving for over six months as head of the judiciary.

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