ET Now Rise With India podcast, Oct 22, 2021

<p>Here’s what we’re tracking on the Rise With India podcast this morning.</p> <p>S&amp;P 500 ends higher for the seventh straight day. Data showed jobless claims fell to a new pandemic low last week.</p> <p>Nifty and Sensex fell for a third day in a row, as concerns over valuations and inflation weigh. DIIs have sold shares worth about ₹ 9,000 crore in the last nine trading sessions.</p> <p>Rising oil prices have dented the performance of India’s top paints company. Input cost inflation hurt Asian Paints’ profits during the quarter to September.</p> <p>Zee Entertainment told the Bombay High Court that its board would follow the advice to consider the demand of Invesco, to convene an extraordinary general meeting.</p> <p>Reliance Industries is likely to report a strong performance for the quarter, helped by a low base a year ago and revival in the oil-to-chemical operations.</p> <p>Nykaa is looking to launch its public issue on October 28, according to news reports.</p>