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Oil India Ltd. However, there is no specification or mandate on how much gas should go to each of the two segments. Under the administered price mechanism (APM), the price of gas from legacy fields is capped, making it cheaper than gas from other fields.

general elections, two people with direct knowledge of the matter said. However, the Centre could take a relook at some of these schemes, especially the ones started during the pandemic, for further rationalization in the next budget, these people added.

International Maritime Organisation (IMO) Council with the highest tally on Friday, and the term of council will be for the biennium 2024-25, according to an official statement. The statement said India's re-election falls under the category of 10 states with «the largest interest in international seaborne trade», alongside Australia, Brazil, Canada, France, Germany, the Netherlands, Spain, Sweden, and the United Arab Emirates (UAE).

RBI) monetary policy committee (MPC) will hold its fifth meeting of FY24 during 6-8 December. Although the MPC has kept the repo rate unchanged at 6.5% in all the previous four meetings this fiscal year (with unanimous voting), it is notable that the weighted average call money market rate (WACMMR) has averaged 6.75-6.8% in the past four weeks. In fact, barring about 10 working days, the WACMMR has been higher than 6.5% for the last three months.

While Nifty is up over 11% so far in the calendar year, India's m-cap has increased by about Rs 55 lakh crore in 2023, led by the outperformance of small and midcap stocks as well as a flood of IPOs on Dalal Street. India had joined the coveted $3 trillion club in May 2021. The journey of market capitalization of Indian listed companies from $2 trillion (July 2017) to $3 trillion (May 2021) took about 46 months, whereas the last $1 trillion i.e., from $3 trillion to $4 trillion took only about 30 months. While the $4 trillion market capitalization is an important milestone, data suggests that only 0.35% of the total private companies registered with the Ministry of Corporate Affairs, Government of India are listed on the Exchanges, indicating an enormous number of companies which can tap the equity market for their funding needs. In the current financial year as of October 2023, more than Rs 5,00,000 crores have been mobilized through primary markets across equity and corporate bonds.

Nifty50 surged in all four sessions; it went on to move past the previous lifetime high of 20222.45 and managed to end at a fresh all-time high level. Amid high volatility, the trading range also got wider; the NIFTY moved in a range of 491.55 points through the week. While managing to maintain the gains, the headline index managed to close near its high point with net weekly gains of 473.20 points (+2.39%). While the markets rose, so did the volatility. The volatility, as represented by INDIAVIX, surged 9.29% to 12.38 on a weekly basis. From a technical standpoint, the Index remains firmly on a rising trajectory. If it continues to advance within its defined and laid path, it may go on to test the upper edge of the rising channel which translates into the levels of 20500—20650 zone. The spikes in the volatility may turn the market choppy; however, there are greater of the breakout getting extended and the Index testing the upper edge of the rising channel. After that, some consolidation cannot be ruled out. Monday is expected to see a positive and strong start to the week; the levels of 20400 and 20580 are likely to act as resistance. The supports come in at 20080 and 19900 levels. The weekly RSI is 65.90; it has marked a fresh 14-period high which is bullish. It stays neutral and does not show any divergence against the price. The weekly MACD is bearish and below its signal line; however, it looks on the verge of a positive crossover

By Rohit Mundra

Sectorally, buying was seen in momentum, power, FMCG, utilities and realty stocks while selling was seen in auto stocks. Stocks that were in focus include names like Power Finance Corporation which was up more than 9%, REC Ltd gained more than 7% to hit a fresh record high and Brigade Enterprises closed 2.6% higher to hit a fresh record high on Friday. We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view:

Silkyara tunnel was carried out on Tuesday night after a 17-day ordeal, the nation heaved a collective sigh of relief. While the rescue efforts deserve applause, the collapse of a portion of the 4.5-km Silkyara Bend-Barkot Tunnel in Uttarakhand on November 12, which trapped the workers, raises multiple questions about the mega infrastructure project in an ecologically fragile zone. The tunnel is part of the Union government’s ambitious Char Dham Mahamarg Pariyojana.

Mahua Moitra from the Lok Sabha dominated the all-party meeting called by the government on Saturday with the opposition parties demanding a discussion on it. The three bills to replace criminal laws also came up for discussion at the all-party meeting convened by the government. Defence minister Rajnath Singh presided over a meeting of floor leaders of political parties in Parliament, which was attended by parliamentary affairs minister Pralhad Joshi, Congress leaders Jairam Ramesh, Gaurav Gogoi and Pramod Tewari, Trinamool leaders Sudip Bandyopadhyay and Derek O'Brien and NCP leader Fouzia Khan, among others. The session which is starting a day after the results of the assembly elections in four states — Rajasthan, MP, Chhattisgarh, and Telangana — will have a bearing on the outcome of assembly polls.

Hamas to “produce targets at a fast pace". In its article, the IDF claimed that over 12,000 targets were hit in 27 days of fighting.

Pitti Engineering Ltd Share Price: Shares of Pitti Engineering Limited (PEL) have soared more than 2000 per cent in the last three years, showing a strong uptrend over the company's increasing capacity and global footprint along with a robust order book. Domestic brokerage firm Axis Securities has initiated coverage on PEL with a ‘buy’ rating, setting a target price of ₹915.

Misselling insurance plans is a common issue that many consumers face. The dishonest practice is often adopted by the seller when they are soliciting insurance. This practice typically involves selling insurance policies unsuitable for the prospective buyer’s needs or offering policies they did not seek. Additionally, sellers may leave out crucial details about a policy or purposely describe it as a product that an individual needs urgently. However, individuals can avoid becoming victims of misselling by keeping their eyes and ears open for the warning signs and asking the right questions when approached by an insurance seller.

Your password is a key component to protect your investment. Setting up secure banking passwords is crucial in safeguarding your financial information. It is important that you keep in mind certain strategies before creating banking or investment account passwords.

Malhotra has alleged that the World Health Organisation (WHO) has completely lost its independence and suggested that the Indian government should ignore its advice on various issues and exit the global health body. Talking to PTI, Malhotra, who gave a lecture at the All India Institute of Medical Sciences (AIIMS) here on «The Corporate Capture of Medicine and Public Health» recently, also claimed that regulators do not independently evaluate data related to drugs. «Drug regulators, such as the FDA, who are supposed to evaluate drugs, receive 65 per cent of their funding from big pharma.

prices post the festive season, investors are closely scrutinising past trends for insights into the potential duration of this rally and the likelihood of a corrective phase in the near future. Historically, gold has exhibited a characteristic pattern of correction, typically around 10%, following a robust rally. Recent instances underscore this trend.

Moitra, will be tabled in the lower house on 4 December. The committee, at a meeting on 9 November had adopted its report recommending Moitra's expulsion from the Lok Sabha over the "cash-for-query" allegation. In a four-page letter to the speaker, Chowdhury said there is no clear-cut demarcation in the roles envisaged for the Privileges Committee and the Ethics Committee, more so in matters of exercising penal powers.

chatbots, stock market research, virtual assistants, fraud detection, and risk management. How can an AI system like ChatGPT benefit your personal investment growth? Chatbot is an impressive tool with numerous applications in the trading world. However, it should not replace human judgment and critical thinking.

markets rose for the fifth consecutive week driven by strong GDP data and a bullish trend seen in global markets. Return of FIIs, multiple upgrades of India’s economic growth by global firms, added to the overall positivity, analysts said. The IPO market also continued its momentum, which has seen five listings and out of which, four have exceeded expectations, led by Tata Technologies.

The key catalyst for stocks will likely continue to be the expected trajectory of the Federal Reserve's monetary policy. Evidence of cooling economic growth has fueled bets that the U.S.

Sensex ended 492.75 points, or 0.74%, higher at 67,481.19, while the Nifty 50 rose 134.75 points, or 0.67%, to settle at 20,267.90. The Nifty Midcap 100 index closed 1.10% higher at 43,382.40 and the Nifty Smallcap 100 index closed 0.48% higher at 14,239.30. Analysts believe the stock market next week will be driven by economic data releases from the US, India, and China, while the focus will be on the Reserve Bank of India (RBI) monetary policy meeting.