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Colgate-Palmolive (India) Ltd. gained 0.19 per cent to Rs 2281.35 in Monday's session as of 12:02PM (IST) even as the equity benchmark Sensex traded 967.67 points higher at 68448.86. Earlier in the day, the stock witnessed a gap up start to the session.

Bharatiya Janata Party (BJP) secured victory in three major states on Sunday, boosting the ruling party’s prospects of prevailing in next summer’s general election. Experts believe the market will see a healthy rally in the near term and most sectors will participate in it because of optimism over political stability and India's healthy macro outlook. On the technical front, Axis Securities said if Nifty crosses and sustains above 20,400 level, it would witness buying, leading the index towards 20,500-20,600 levels.

Hero MotoCorp, Bajaj Auto, Eicher Motors (RE) shined after strong November month sales. Hero MotoCorp, Eicher Motors with gains of close to 2% stood amongst key Nifty gainers while Bajaj Auto with gains of close to 1% was also not much behind on a day when Nifty with gains of more than 1.5% scaled new highs.

Lok Sabha elections will get a boost. This augurs well for macro and policy momentum for India, which, at the moment, is seeing the highest growth among major economies, it added. Read here: SBI, M&M to LT: Motilal Oswal recommends 14 stocks to buy after assembly polls "However, a restraining factor will be the valuations which are high and will get stretched further with the rally gaining momentum.

rupee settled at 83.29 against the dollar. “Indian rupee is expected to trade within a small range with a bit of appreciation bias as flows, IPOs, FDIs to continue after a spectacular win for the Prime Minister Narendra Modi in Hindi heartland.

Track assembly election results here S&P Global Rating has raised India's GDP growth forecast for the FY24 from 6.0% to 6.4%, instilling optimism across the broader market. The heightened confidence suggests that the Nifty50 could comfortably breach the psychological barrier of 20,000 and retain these gains for long-term support. The bold performance of the global markets and IPO listings is adding glitter to mid & small caps.

sector is entering a multi-year upcycle after eight years of underinvestment, and it continues to be our preferred sector in the oil & gas space.

Canara Bank, part of the PSU banking segment, rallied more than 20% in the last 3 months to hit a fresh record high in December 2023 and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock for a target of Rs 432 in the next 3-4 weeks, suggest experts. The PSU stock hit a 52-week high of Rs 419 on 1st December 2023. It rose from Rs 328 as on 1st September to Rs 410 recorded on 1st December which translates into an upside of about 25% in the last 3 months. The stock rose more than 5% in a week, and over 7% in a month. The PSU stock bounced back after taking support above 380 levels in the last week of November.

macro numbers and BJP's electoral win in three states. Shares of flagship firm Adani Enterprises jumped 10 per cent while those of Adani Green Energy jumped 15 per cent. Shares of Adani Total Gas clocked a gain of 14 per cent.

Read here: At record high! Sensex jumps 1,100 points, Nifty over 300 points: 5 reasons why The Nifty Midcap 100 index scaled above 44,100 level led by heavy gains in stocks such as Adani Power, HPCL, Union Bank, REC, PFC, ACC, Bank of India, among others, that rose around 2-6% each. Around 85 stocks were trading higher, while 15 stocks declined in the Nifty Midcap 100 index.

Stock market today: Shares of Punjab National Bank (PNB) witnessed huge buying interest during morning deals on Monday. PNB share price today opened with big upside gap at ₹83.15 apiece levels on NSE and went on to hit intraday high of ₹83.95 per share levels, which turned out a new 52-week peak for PNB shares. PNB share price rebounded strongly after touching intraday low of ₹82.30 per share afer profit booking trigger at 52-week high.

US Federal Reserve will initiate rate cuts in the coming year. This outlook has led to a decline in the yield on the US 10-year Treasury to 4.2% in Friday's trading, marking a three-month low. Buoyed by these favorable factors, the Nifty 50 commenced today's trading at 20,601 points, reflecting a 1.64% gain compared to the previous closing price of 20,267.90 and establishing a new peak at 20,602.50.

Kunj Bansal, National Institute of Securities Markets (NISM), says “there is a lot of money available in the market and in such a scenario even not so good companies with expensive valuation gets subscribed multiple times, leave aside good companies getting expensive valuations and getting oversubscribed. As a result one does not get any allotment in the IPOs and so instead, one should focus on the valuation at which one is comfortable for entering into such companies post listing.” TCS buyback has opened, the Rs 17,000-crore buyback and it is coming in at a premium of almost 20-25% from the current market price. Would you recommend people to tender their shares? These days the buybacks have become synonymous with dividends.

Mumbai: PPFAS Mutual Fund has stopped accepting investments from non-resident Indians based in the US and Canada, said chief executive officer Neil Parikh, at the fund house’s annual unitholders meeting recently. Parikh said this was because asset management companies are barred from marketing their fund in those countries.

Buy or sell stocks for today: On account of of pleasantly surprising Indian GDP data, Indian stock market ended higher on fourth straight session on Friday last week. Nifty 50 index touched new life-time high of 20,291 and finished 134 points higher at 20,267 levels. BSE Sensex gained 492 points and closed at 67,481 mark whereas Bank Nifty index ended 332 points higher at 44,814 levels.

Tata Power, GAIL, LIC, Suzlon, Eicher Motors, Hero MotoCorp, among others, will be in focus in today's trade.On Friday, the Nifty50 surged to a fresh all-time high higher-than-expected GDP data and positive interest outlook in the US.At close, the Sensex was up 492.75 points, while the Nifty added 134.70 points to end at 20,267.90.GIFT Nifty futures rose 145 points, or 0.70%, to 20,638.50, indicating a strong open for Indian markets.Asian shares started strong on Monday while gold hit another record high in a busy week for economic data that will test market wagers for early and aggressive rate cuts from major central banks next year.Hong Kong stocks opened slightly higher Monday morning following a positive lead from Wall Street, with traders keeping tabs on a court hearing over a creditor request to wind up battered developer China Evergrande.Australian shares on Monday hit their highest in 2-1/2 months, as traders found comfort in signs that the U.S. central bank was done with its monetary tightening, while investor focus was also on the Reserve Bank of Australia's policy meeting due this week.The S&P/ASX 200 index was up 1.2% at 7,157.700 points, as of 0052 GMT, hitting its highest level since Sept.

Catch Live Market Updates here The domestic equity market ended higher on Friday, with the benchmark Nifty 50 hitting its fresh record high in the intraday session after upbeat Q2 GDP numbers. The Sensex ended 492.75 points higher at 67,481.19, while the Nifty 50 rose 134.75 points, or 0.67%, to settle at 20,267.90, on December 1. Nifty 50 formed a reasonable positive candle on the daily chart with a gap up opening.

Day trading guide for today: On account of of strong GDP data, Indian stock market ended higher for fourth straight session on Friday. Nifty 50 index touched new life-time high of 20,291 and finished 134 points higher at 20,267 levels.

global market front, Asian markets traded mixed while the US stocks ended higher on dovish commentary from Fed officials. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — December 4 The Indian equity market witnessed healthy gains on Friday, with the benchmark Nifty 50 hitting its fresh record high in the intraday session after India's Q2 GDP numbers exceeded expectations.

—Name withheld on request Third-party (TP) insurance primarily addresses damages to bodily injury, fatal cases for the occupants travelling in the vehicle, and loss to any vehicle that you might have an accident with, as well as bodily injury or death of passengers of the said vehicle, any property that might be damaged due to your car, or injury or death of any pedestrian. This does not directly cover damages to your vehicle (also called own damage). In a scenario like a vehicle pile-up, where you impact the vehicle in front, your TP policy would cover damages to that vehicle subject to fault evidence established by the insured vehicle through court proceedings.

Gati Shakti initiative for logistics efficiency reckons it can save up to ₹15 crore per km for projects run by the National Highway Authority of India (NHAI). The estimated savings are due to a reduction in the length of roads by integrating various expressway corridors after modifications of alignment for NHAI projects, said Sumita Dawra, who is leading the NPG as special secretary, department for promotion of industry and internal trade.