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Delta Corp, Indiabulls Housing Finance, The India Cements, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL). The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.

ICICI Bank, HDFC Bank, Infosys, and Reliance Industries. The BSE Sensex was trading 262 points or 0.38% lower at 69,390. Nifty50 was trading at 20,867, down 70 points or 0.34% at around 9.23 am. From the Sensex stocks, HUL, Bharti Airtel, and Bajaj Finance were the top laggards, falling over 1% each.

November’s auto sales figures are splendid. Over 2.85 million vehicles were sold last month, according to data released on Wednesday by the Federation of Automobile Dealers Associations.

stock market has been climbing to new highs since Friday last week. Nifty 50 index has been hitting new life-time highs for the last four sessions whereas BSE Sensex and Bank Nifty index has been touching record highs for the last three sessions.

Modi’s expected re-election next year is seen supporting capital expenditure, further boosting their allure. Modi’s government is spending billions of dollars on everything from roads and railways to defense, renewing interest in a sector that has for long been a straggler of India’s $4 trillion stock market. The S&P BSE PSU Index, a gauge that includes some of the nation’s largest power utilities, miners, oil refiners and engineering firms, has surged 44% thus far in 2023. That’s beaten the 14.5% advance in the S&P BSE Sensex Index by the most in two decades, data compiled by Bloomberg show. IMAGE “There is still room for further gains” as valuations are still low compared to non-state players, said Anita Gandhi, strategist at Arihant Capital Markets Ltd.

Hackers were able to gain access to the personal information of 6.9 million 23andMe customers in a data breach, the company confirmed on Tuesday — representing nearly half of 23andMe’s reported user base of 14 million customers.

National Payments Corporation of India (NPCI) to digitise the country’s large utility bill payments market, is now increasingly being used for loan repayments and clearing credit card dues. The way utility bills get generated for consumers every month, EMI (equated monthly installment) gets generated every month on a specific date for borrowers. The customer can use any mode of payment to clear the EMI due, and this is where the BBPS platform is fast emerging as a popular tool.

F&O ban list: A total of five stocks have been put under the ban for trade on Thursday, December 7, 2023 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

stock market opens on Thursday (December 7). Asit C Mehta Financial Services Ltd: The Board of Directors of Asit C Mehta Financial Services at a meeting held on December 1 approved the Rights Issue. Also Read: SAIL, ZEEL, Delta Corp, 2 other shares placed under F&O ban list for today In an exchange filing, the company said: “Fixed record date for the purpose of determining the shareholders who will be eligible to apply for the issue as Thursday, December 7, 2023 (Record Date)." Also Read: FPI equity assets at 22-month high, overcoming October setback The board has decided and fixed ₹4,987.60 lakh as the Right Issue size, said the company.

By Noel Randewich and Amruta Khandekar

Investing.com — The dow closed lower on Wednesday, extending its sluggish start this week even as further signs of slowing job markets boost hopes that sooner rather later rate Federal Reserve cut is on the horizon.

Mya Lesnar is making a significant impact in the realm of college sports as a track and field athlete. Mya Lesnar, currently a junior at Colorado State, gained widespread attention after achieving a school record in the shot put. At the age of 21, Lesnar took to social media to share her accomplishments. Sharing her triumph on Instagram, Lesnar wrote, «A new PR and a new school record!!! Happy with a strong start to my season.» This notable performance not only marked a personal record but also earned Lesnar the title of the school's student-athlete of the week, achieving a record-breaking throw of 18.50 meters. Surpassing the previous record of 17.55m, Lesnar's mark of 18.50 meters propelled her to the number 1 position in Colorado State’s top 20, as highlighted on the Rams’ website. The website also noted that she presently holds the leading position in the nation for women’s indoor shot put. Following her triumphant first-place finish, Mya received the title of Women’s Field Athlete of the Week. Mya made the decision to transfer to Colorado State after completing her freshman and sophomore years at Arizona State University. During her time at ASU, she actively participated in shot put as a member of the Sun Devils’ track and field team. While pursuing a major in criminal justice at ASU, Mya has previously acknowledged her father as the primary influence on her athletic career.

Also Read: Putin to visit Saudi, UAE on December 6 after OPEC+ cuts, host Iran President: What's on agenda? Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a December 18 expiry, was last trading lower by 4.75 per cent at ₹5,791 per bbl, having swung between ₹5,784 and ₹6,068 per bbl during the session so far, against a previous close of ₹6,080 per barrel. -Crude inventories fell by 4.6 million barrels, far exceeding the 1.4 million-barrel drop analysts had expected. There is demand destruction coming in from the fuel side.

MUMBAI : Equity assets of foreign portfolio investors (FPIs) hit a 22-month high at $674.66 billion in the fortnight ended 30 November, driven by a significant revival in their flows after a two-month hiatus, and a 7% rally from the lows of October-end. FPI assets stood at $686.95 billion in the fortnight ended 15 January, 2022.

Gold as a hedge: Gold has historically demonstrated its resilience during times of economic uncertainty, often appreciating when other assets falter. Its value tends to hold steady, if not appreciate, during periods of economic uncertainty. The consistent depreciation of the dollar/rupee exchange rate has become a defining characteristic of the Indian financial landscape.

Opting to bowl, India dished out a shoddy fielding and bowling performance — except for Renuka Singh — to allow England post 197/6 and then could only score 158/6 in response to lose the match and concede 1-0 lead to England in the series. Only Shafali Verma (52 off 42 balls) could score big in the Indian run chase. Captain Harmanpreet Kaur (26) and Richa Ghosh (21) failed to convert their starts as India failed to mount a serious challenge to the big target. India’s chase took early blows when Smriti Mandhana (6) was cleaned up by Nat Sciver-Brunt in the third over and Freya Kemp struck with her first delivery, getting Jemimah Rodrigues (4) caught behind in the sixth over. But despite losing two key batters, India were 53/2 in the powerplay and looked set for having a crack at the big chase until England’s spinners came into fray. Coming off an injury lay-off, there were no visible signs of struggle for the parsimonious Sophie Ecclestone, who cleaned up India skipper Harmanpreet (26 off 21 balls, 3x4s, 1x6s) when her partnership with Shafali started to threaten the visitors. Richa Ghosh (21) and Shafali provided a glimmer of hope for India with their brisk 26-ball 40-run stand for the fourth wicket but Sarah Glenn broke their stand to peg the hosts back again. Earlier, marauding fifties by Danni Wyatt (75) and Sciver-Brunt (77) powered England Women to 197/6 after early setbacks.

Visa has unwrapped an overview of payment trends observed during recently concluded ICC Men's Cricket World Cup 2023. As per Visa’s data, there has been a 12.5% growth in contactless cross border transactions during the World Cup as compared to July 2023, before the festive season began.

By Gilles Guillaume

By Shivansh Tiwary

bedtime story. And you want that someone to be actor Jimmy Stewart. The sleep and meditation app Calm on Tuesday released a new story for premium users told by Stewart, the beloved actor who starred in 'It's a Wonderful Life.' But the voice in their ear lulling them to sleep is not from Stewart, who died in 1997.

(Reuters) — A top U.S. banking regulator on Wednesday warned banks to manage the risks to consumers posed by increasingly popular «buy now, pay later» financing for retail spending, saying the service creates pitfalls for retail shoppers.