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Avenue Supermarts Ltd (D-Mart), part of the diversified retail industry, has given a breakout from a Descending Triangle pattern on the weekly charts and has opened room for the stock to head towards 4000 levels. Short to medium-term traders can look to buy the stock now for a possible target of Rs 4500-4600 in the medium term, suggest experts. The stock hit a 52-week high of Rs 4225 on 15th December 2022, but it failed to hold on to the momentum and witnessed some profit taking. The retail giant gave a breakout from a 2-year Descending Triangle formation on the weekly charts formed since November 2021 last week. The momentum also helped the stock to climb above the 50-week Moving Average. In terms of price action, the stock is now trading well above most of the crucial short- and long-term moving averages such as 5,10,30,50,100 and 200-DMA on the daily charts. The daily Relative Strength Index (RSI) is at 61.1.

UltraTech Cement share price scaled all time high of ₹9152 on the BSE in the morning trades on Friday gaining almost 1.7% post Thursday's announcement on planned acquisition of Kesoram Industries Cement assets by UltraTech . Analyst see more upside looking at benefits the acquisition will accrue. UltraTech Cement Ltd planned acquisition of Kesoram Industries Cement capacities is intended to strengthen its presence and help gain market share in the South and Western region of the country.

Analysts are now eyeing a potential window for the approval of Spot Bitcoin exchange-traded funds (ETFs), setting the time frame between January 5 and 10, 2024.

Asit C Mehta rights issue 2023: The board of directors of Asit C Mehta Financial Services Ltd is going to consider and approve proposal for issuance of fresh shares via rights issue route. The financial has already informed Indian stock market bourses about the proposal while informing about the board meeting schedule.

Tata Consultancy Services (TCS) share price will be in focus on Friday as the company’s share buyback programme opens today. TCS share buyback worth ₹17,000 crore will begin on December 1 and close on December 7. This will be the fifth share buyback from India’s largest IT services company.

₹288 to ₹304 per equity share with a face value of ₹5. Flair IPO lot size was 49 equity shares, and in multiples of 49 equity shares thereafter.Flair Writing IPO comprised a fresh issue of shares of up to ₹292 crore and an offer for sale (OFS) of equity shares with a face value of ₹2 each by a promoter and others aggregating up to ₹301 crore.

Day trading guide for today: After trading choppy during morning session, Indian stock market ended on a mixed note on Thursday. Nifty 50 and Sensex ended higher whereas Bank Nifty index finished lower in the previous session. The 50-stock index went up 36 points higher at 20,133 levels, BSE Sensex closed 86 points higher at 66,988 mark whereas Bank Nifty index lost 84 points and closed at 44,481 levels.

Flair IPO listing date: Shares of Flair Writing Industries Ltd are going to hit Indian stock market today. As per the information available on BSE website, listing date of the initial public offering (IPO) of Flair Writing Industries Ltd has been fixed on 1st December 2023 i.e.

Bonus shares 2023: Shares of Alphalogic Industries Ltd will be in focus when the stock market opens on Friday as its Bonus Issue is scheduled for the day. The company will issue Bonus Share in the ratio of 1:1 which means 1 equity share of ₹10 each for every 1 equity share held to its eligible shareholders. The board of directors of Alphalogic Industries Ltd at its meeting held on October 18, 2023 had recommended the Bonus Issue.

Most drivers would pay $15 to enter Manhattan’s central business district under a plan released by New York officials

With 20 million weekly radio listeners, Dave Ramsey is perhaps the most influential media personality on money, which means some of his guidance can be particularly dangerous, financial advisors say.

drug regulator has unearthed widespread use of industrial grade excipients — which is unfit for human consumption — in manufacturing medicines in the country. The startling revelation came after the Central Drugs Standard Control Organisation (CDSCO) conducted an investigation and multiple inspections following international complaints regarding the issue. It was observed that «unlicensed traders» supplied industrial grade gelatin, propylene glycol and other excipients imported from different countries to the pharmaceutical manufacturing units. As per the Drugs and Cosmetics Act, only pharma grade excipients shall be used in medicine, the Drug Consultative Committee (DCC), which advises governments on uniform implementation of the Drugs and Cosmetics Act, observed in its recent meeting.

Finance Secretary T V Somanathan on Thursday said the Terms of Reference of the 16th Finance Commission have been kept short to give the panel more freedom to arrive at their recommendations after hearing out stakeholders. The Union Cabinet, chaired by Prime Minister Narendra Modi, earlier this week approved the Terms of Reference (ToR) of the 16th Finance Commission, which will make recommendations for the five-year period beginning April 1, 2026.

guidelines while accepting foreign hospitality during private visits abroad and obtain prior permission of the central government, according to fresh orders issued Thursday. The series of notifications were issued by the Rajya Sabha Secretariat.

BSE Sensex rose nearly 100 points while the Nifty50 closed above 20,100 levels. Sectorally, buying was seen in healthcare, consumer durables, realty and capital goods stocks while utilities and banks saw some selling pressure. Stocks that were in focus include names like Gail India which was up more than 4%, Metro Brands closed with gains of over 2% to hit a fresh high and BSE which rose more than 2% to a fresh high on Thursday. We have collated a list of three stocks that either hit a fresh 52-week high, or an 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: Here’s what analyst Kush Ghodasara, CMT, SEBI RA: INH000002137 had to say: GAIL India The stock saw some enormous volume on Thursday and has managed to cross and close above 131, which was acting as strong support for the last few weeks. Technical indicators have not yet arrived at the overbought zone, which signals a fresh buy with trailing stop loss at Rs 126 for a target of Rs 143. Metro Brands The stock has been in a dream run as it is trading with support of 5 & 10 day average which is at Rs 1310 as now. On Thursday, we saw an inverted hammer kind of pattern and a new high, which suggests a trend reversal is in place if the next support is breached. Traders can avoid fresh positions but keep a strict stop loss for existing longs at Rs 1310. BSE Ltd The stock has been trading around the 10-Day average since the low in April 2023 at RS 450.

JPMorgan Chase equity strategists continue to stand apart with a notably pessimistic outlook amid a wave of Wall Street strategists forecasting all-time highs for U.S. stocks in the coming year.

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Man Infraconstruction. These institutional investors invested in Man Infraconstruction company via preferential offer route. The board of directors of the company approved share allotment to these fund houses at a price of ₹155 per share.

DLF Ltd. fell 1.99 per cent to Rs 624.8 in Thursday's trade as of 01:54PM (IST) even as the benchmark Nifty ruled at 20106.75, up 10.15 points. The scrip had closed at Rs 637.5 in the previous session.