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Investing.com — European stock markets traded in a mixed fashion Wednesday, with investors struggling to build momentum ahead of the week’s key inflation data. 

global market cues. Broader markets supported the rally with the Nifty Midcap 100 index hitting record high level. The Nifty 50 index is now trading at ~20.3x FY24 and ~17.6x FY25 consensus EPS.

Mumbai, 29th November 2023: One of Asia’s largest integrated learning, skilling & workforce development majors upGrad moved to the widely accepted IndAS accounting standard in line with its longer-term listing plans. While Gross Revenue came in at INR 1530 Crore - adjusted for IndAS upGrad recorded a revenue of INR 1,194 Crore for FY23, a 96% jump from the previous financial year of INR 608 Crore.

Hinduja Global Solutions (HGS) in Mumbai, as per an ANI report. Besides this, a survey is also underway on Ashok Hinduja, Chairman of the Hinduja Group of companies. More details are awaited.

₹1,000 mark for the first time. After multiple attempts in the past, today's trading session witnessed the stock successfully crossing this significant threshold, reaching an all-time high of ₹1,007 apiece, gaining 2.24% The stock has exhibited consistent growth in recent years, showcasing its robust performance. Notably, in CY19, it delivered an impressive return of 59%.

Tech Mahindra, HDFC Bank, Reliance Industries, among others lifted the market for the second consecutive session. The Nifty Midcap 100 index hit a record high, while Nifty 50 is now just 1% away from its all-time high of 20,222.45 hit on September 15. The BSE Sensex hit its all-time peak of 67,927.23 on the same day.

biggest market cap rise since Hindenburg in the previous session (November 28), shares of Adani Group stocks continued their upward momentum in today's (November 29) deals as well. The rise comes after the Supreme Court reserved its order on multiple public interest litigation pleadings for an investigation into the allegations of manipulations and corporate malfeasance in the Adani-Hinderburg report. On 24 January, US-based Hindenburg Research published a report accusing the Adani Group of engaging in fraudulent activities to artificially inflate its stock prices.

The most basic, and safe, returns on investments are those derived from liquid funds, or returns from fixed income funds that are of good credit quality. While asset classes such as equities provide better returns, there are ways that conservative investors can enhance their basic returns without taking too much of the incremental risk.

Gen Z shoppers are the least likely to splurge this holiday season, but many say the economy is to blame.

Investing.com-- Most Asian currencies rose on Wednesday as less hawkish signals from Federal Reserve officials ramped up hopes for an early interest rate cut in 2024, which put the dollar near four-month lows. 

By Jason Xue and Tom Westbrook

a sensational win in the third match of the T20I series. This performance in the final over saw Krishna concede a total of 23 runs. Krishna ended up with a record he'd rather not have.

Deepak Shenoy, Founder, Capital Mind, says “LIC remains an unrecognized play in this entire space. They are probably on route to making more than Rs 40,000-42,000 crore of profits in this quarter. And then we will see this, this is about Rs 400,000 odd crore in terms of market cap as a stock. So, you are paying 10 times earnings and then the earnings will actually increase because LIC share from their participating policies goes up from 7.5% this year to 10% next year.” Honasa Consumer saw a solid surge in the week gone by post its earnings. Today, it is reacting to that entire report of some ESOP shares coming and adding to the supply pressure. Overall, fundamentally, how would you look at this company? We do not have an investment here but they made Rs 29 crore profit in Q2. Their cash flow was quite decent for the first six months of the year, higher than the profits in the first six months. So, they are cash flow positive in that sense. But there is this overhang of sales that are likely to come. Now, of course, we talked about ESOP holders. I think the company has denied the news but there has been news that the ESOP holders will convert their shares and employees are allowed to sell. They do not have a lock-in period after their ESOPs are exercised. So they can sell their shares whenever they want. So if they choose to, it will add to the liquidity of Honasa shares in the market.

air quality index in the National Capital remains in the 'poor' category on Wednesday morning. As per the official data, in the Alipur area and Ashok Vihar, the air quality was recorded as 'poor' with AQI readings of 260 and 288, respectively, at 7 a.m. In ITO Delhi, the AQI was 381, falling in the 'very poor' category, while Aya Nagar logged an AQI of 184, falling in the 'moderate' category. Similarly, the AQI at the Indira Gandhi International Airport (T3) was recorded at 232, falling in the 'poor' category. The air pollution in the National Capital had improved slightly on Tuesday morning following light rainfall in several parts of the Delhi-National Capital Region on Monday. The air quality index from 0 to 100 is considered 'good', 100 to 200 'moderate', 200 to 300 'poor', 300 to 400 'very poor' and from 400 to 500 or above 'severe'. Meanwhile,Delhi Environment Minister Gopal Rai on Tuesday advised citizens to remain cautious, although the air quality improved after the rain on Monday. Delhi Environment Minister Gopal Rai said, «A few days back, Delhi's AQI had reached the 'Severe' category. On Monday, the city received light rain because of which there has been an improvement in pollution.

WWE crushed its social media record over the Thanksgiving holiday weekend, with the return of wrestler CM Punk at Survivor Series garnering more than 71 million views across all of the sports entertainment company’s platforms

Country singer Morgan Wallen’s “Last Night” tops Apple Music’s global song chart in 2023

It’s not just you

Amazon Seller Services, the marketplace arm of Amazon India, has recorded a 33% increase in its net loss for the year ended March 2023 to Rs 4,854 crore from Rs 3,649 crore in the previous fiscal. The company’s expenses jumped by almost 8% to Rs 27,283 crore while revenue from operations grew only 3.42% to Rs 22,198 crore, its regulatory filing showed.

By Medha Singh, Chibuike Oguh and Hannah Lang

Investing.com — The Dow closed higher Tuesday, underpinned by a fall in Treasury yields as dovish remarks from some Federal Reserve officials boosted bets on rate cuts.

Sean «Diddy» Combs has stepped aside as Revolt chairman «temporarily», a spokesperson said on Tuesday. Combs chose to distance himself from the media network last week, according to a spokesperson. This development comes amidst a series of business repercussions following three lawsuits accusing him of sexual abuse. London-based spirit maker Diageo, for instance, invoked the allegations in a recent effort to prevent his involvement in tequila ads.