Fed Chair Powell's comment on earlier-than-expected tapering sent US stocks tumbling overnight but that did not trigger a selloff in Asia in Wednesday's trade. The dollar eased a bit while crude continued to move higher.
The ruling would have allowed the private lender, which holds a 25.6 per cent stake in the satellite broadcast service provider promoted by Subhash Chandra's Essel Group, to participate in the AGM of Dish TV scheduled for later in day.
Loans to large corporations rose 0.5 per cent year-on-year to ₹22.7 lakh crore in October compared with a contraction of 1.8 per cent a year ago. All major segments except services - including agriculture, industry and retail - posted higher growth rates.
Automobile manufacturers will release their sales numbers for the month ended on November 30. This includes all segments of auto makers.
Blanket travel bans will not prevent the international spread, and they place a heavy burden on lives and livelihoods, said the World Health Organization (WHO)
The health ministry of the city-state, which has among the highest vaccination rates in the world, said late on Tuesday that it had updated the official vaccination rate to account for a small drop in the population.
A round-up of the biggest articles from newspapers.
The figure is almost double the amount budgeted for fertiliser subsidies in the budget for this fiscal year ending on March 31. The figure is almost double the amount budgeted for fertiliser subsidies in the budget for this fiscal year ending on March 31.
Tuesday's move by the two leading non-banking finance companies (NBFC) could point to higher future borrowing costs in India where rates slumped to the floor in the pandemic's aftermath.
The CM, in a COVID review meeting, said the government will not pay for the treatment of those who become COVID positive without receiving the vaccine, according to a release issued by the state government. The CM, in a COVID review meeting, said the government will not pay for the treatment of those who become COVID positive without receiving the vaccine, according to a release issued by the state government.
So far, 27 states and union territories have cut VAT on petrol and diesel prices to give further reprieve to consumers battered by record-high retail rates of the two fuels. So far, 27 states and union territories have cut VAT on petrol and diesel prices to give further reprieve to consumers battered by record-high retail rates of the two fuels.
He said the operation was in progress and no casualty reported on either side so far.
Mazhar Mohammad of Chartviewindia.in said unless the Nifty50 manages a sustainable close above 17,000 level, the index can breach the recent corrective swing low of 16,782 levels.
Go Fashion India had a strong debut on November 30, closing with an 81.70 percent premium at Rs 1,253.70. Go Fashion India had a strong debut on November 30, closing with an 81.70 percent premium at Rs 1,253.70.
"Nifty showing lack of strength at the highs signals weak upside bounce in the market and one may expect Nifty to reverse down again and reach the lows of 16,782 levels in the short term," says Nagaraj Shetti of HDFC Securities. "Nifty showing lack of strength at the highs signals weak upside bounce in the market and one may expect Nifty to reverse down again and reach the lows of 16,782 levels in the short term," says Nagaraj Shetti of HDFC Securities. "Nifty showing lack of strength at the highs signals weak upside bounce in the market and one may expect Nifty to reverse down again and reach the lows of 16,782 levels in the short term," says Nagaraj Shetti of HDFC Securities.
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Go Fashions will make its Dalal Street Debut on Monday. The company sold its shares in the range of Rs 655-690 between November 17-22 to raise Rs 1,013.61 crore.
The price hikes are expected to boost Bharti Airtel and Jio's average revenue per user (ARPU) by ₹25 and ₹20 respectively by March 2022 from ₹153 and ₹144, respectively, reported in the second quarter of the financial year.
Brihanmumbai Municipal Corporation#39;s Additional Municipal Commissioner Suresh Kakani told PTI that the airport authority has informed that around 1,000 travellers had landed in Mumbai from African countries in the last fortnight, but it has handed over a list of only 466 such passengers so far.
Hopes of quick progress were muted after a hard-line new government in Tehran led to a more than five-month hiatus in negotiations. But the European Union official chairing the talks sounded an upbeat note after the first meeting concluded.
Both sides are having talks to firm up the visit which is likely to be focussed largely around the ongoing Dubai Expo. Both sides are having talks to firm up the visit which is likely to be focussed largely around the ongoing Dubai Expo. Both sides are having talks to firm up the visit which is likely to be focussed largely around the ongoing Dubai Expo.
Star Health IPO: While Star Health Insurance is the largest private health insurance company in the country, it may be vulnerable to higher claims should there be another wave of the pandemic, while the entry of more players could cramp its performance.
U.S. West Texas Intermediate (WTI) crude futures jumped 99 cents, or 1.4%, to $70.94 a barrel at 0105 GMT, adding to a 2.6% rise on Monday. U.S. West Texas Intermediate (WTI) crude futures jumped 99 cents, or 1.4%, to $70.94 a barrel at 0105 GMT, adding to a 2.6% rise on Monday.
Short-term trend of the Nifty is weak. Therefore, remain cautious till it closes above the 17,300 levels. Short-term trend of the Nifty is weak. Therefore, remain cautious till it closes above the 17,300 levels.
Star Health and Allied Insurance Company will open its initial public offering on November 30 and the issue will close on December 2, 2021. Star Health and Allied Insurance Company will open its initial public offering for subscription during November 30-December 2, 2021. Star Health and Allied Insurance Company will open its initial public offering for subscription during November 30-December 2, 2021. Star Health and Allied Insurance Company will open its initial public offering for subscription during November 30-December 2, 2021. Here#39;s what Mehul Kothari of Anand Rathi Shares Stock Brokers, recommends investors should do with these stocks when the market resumes trading today.
"Considering the weekly chart, we will not be surprised to see it extending towards 16,500 - 16,200 in coming days. We do not want to sound too pessimistic, but this is what the price structure looks like at this moment," says Sameet Chavan of Angel One. "Considering the weekly chart, we will not be surprised to see it extending towards 16,500 - 16,200 in coming days. We do not want to sound too pessimistic, but this is what the price structure looks like at this moment," says Sameet Chavan of Angel One. "Considering the weekly chart, we will not be surprised to see it extending towards 16,500 - 16,200 in coming days. We do not want to sound too pessimistic, but this is what the price structure looks like at this moment," says Sameet Chavan of Angel One.
Stocks In the News: Check out the companies making headlines before the opening bell
The next lower targets to be watched for Nifty around 16,500 levels in the next couple of weeks. Any pullback rally from here could find strong resistance around 17,200 levels, says Nagaraj Shetti of HDFC Securities. The next lower targets to be watched for Nifty around 16,500 levels in the next couple of weeks. Any pullback rally from here could find strong resistance around 17,200 levels, says Nagaraj Shetti of HDFC Securities. The next lower targets to be watched for Nifty around 16,500 levels in the next couple of weeks. Any pullback rally from here could find strong resistance around 17,200 levels, says Nagaraj Shetti of HDFC Securities.