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Visa's payment data analysis, there was a 25% increase in credit card spending on e-commerce platforms during the Diwali 2023 period compared to the previous year. Simultaneously, overall credit card expenditures experienced a growth of around 18%.

A look at the day ahead in European and global markets from Tom Westbrook

By Valerie Insinna and Joanna Plucinska

By Shaloo Shrivastava

The S&P BSE Sensex rose nearly 1,400 points, while the Nifty50 rose to a fresh record high above 20,700 levels on Monday. The Nifty future closed positive with gains of over 2% at 20,804 levels on Monday. India VIX was up by 4.95% from 12.38 to 12.99 levels.

The S&P Global India Services Purchasing Managers' Index fell to 56.9 in November from October's 58.4. A Reuters poll pegged a dip to 58.

Matthew Perry's death, his former girlfriend Julia Roberts has mourned the actor's loss. In an interview with 'Entertainment Tonight,' the actress — who dated Perry for about three months in the early 1990s — reflected on the demise of 'Chandler' from the popular sitcom, 'Friends'. The 54-year-old Perry was found unresponsive in his hot tub on October 30 at his Pacific Palisades home in Los Angeles.

Investing.com-- Most Asian stocks fell on Tuesday, seeing some profit taking after rallying sharply through November on expectations of a less hawkish Federal Reserve, while a string of weak economic readings from across the region also dented sentiment. 

By Leika Kihara and Takahiko Wada

DUBAI (Reuters) — Growth in non-oil business activity in Saudi Arabia eased in November from the previous month as a decline in export demand and inflationary pressures weighed, but the outlook was positive as new orders hit a five-month high, a survey showed on Tuesday.

TOKYO (Reuters) — Japan's economy likely shrank slightly less than initially estimated in July-September, reflecting an expected upward revision in private sector capital investment, a Reuters poll showed on Tuesday.

Investing.com-- Most Asian currencies weakened on Tuesday tracking a string of middling economic readings from the region, with the Australian dollar falling sharply after the Reserve Bank kept rates unchanged and offered scant cues on monetary policy. 

Asian stocks slipped to three-week lows on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and waited on U.S. jobs data. An interest rate decision is due in Australia in the meantime, with traders all but certain the central bank will keep rates steady, leaving the focus on the outlook and tone. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.9% in early trading.

Stocks that were in focus included names like ZEE, which fell 4.15%, Lupin, which declined 2.63%, and Cyient, whose shares increased 10% on Monday. Here's what Avdhut Bagkar, Derivatives & Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today. ZEE Shares of Zee Entertainment Enterprises are in a formation of “Symmetrical triangle”, as per the daily chart and a move over 268 could propel price action to show a steep upside to 290 level. On the downside, the stock needs to hold the support of 248 to maintain the momentum. The weekly setup features a “Flag Pattern”, which has a support of 100-weekly moving average (WMA).

Rockstar Games, owned by Take-Two Interactive Software, on Monday released a trailer of the latest installment of its best-selling "Grand Theft Auto" (GTA) videogame franchise, ending a years-long wait. "GTA VI" will be released in 2025, according to the trailer posted to the studio's YouTube channel, after a version was leaked on social media. The trailer was widely expected to be released only by Tuesday morning.

Investing.com-- Consumer inflation in Japan’s capital eased more than expected in November and came closer to the Bank of Japan’s target range as food prices eased further from highs seen earlier this year, while import costs also stabilized. 

BEIJING (Reuters) — China's services activity expanded at a quicker pace in November, a private-sector survey showed on Tuesday, as the upturn in new businesses were the best seen for three months amid reports of firmer market conditions.

Propulsion Module (PM) of the Chandrayaan-3 spacecraft, which was initially intended for lunar operations, was successfully returned to Earth's orbit by ISRO after exceeding its lunar mission objectives, demonstrating India's ability to not only launch objects to the Moon but also bring them back. Following the lunar hop by Vikram (lander), this was another accomplishment that shows that ISRO can restart engines on the moon and operate equipment, both of which were not foreseen, the national space agency stated in a release. «In another unique experiment, like the hop experiment on the Vikram Lander, the Propulsion Module (PM) of Chandrayaan-3 was moved from an orbit around the Moon to an orbit around Earth,» the Indian Space Research Organisation (ISRO) stated in its official release. The primary objective of the Chandrayaan-3, the country's first successful lunar landing mission, was to demonstrate a soft landing near the lunar south polar region and perform experiments using the instruments onboard the lander 'Vikram' and rover 'Pragyaan'. The spacecraft was launched on July 14, 2023, on board the LVM3-M4 vehicle from SDSC, SHAR. On August 23, Vikram Lander made its historic touchdown on the Moon and subsequently, the Pragyan rover was deployed to survey the uncharted lunar south pole. The scientific instruments in the lander and rover were operated continuously for 1 lunar day as per the defined mission life, the ISRO stated in its release, adding that the mission objectives of Chandrayaan-3 have been completely met. 'With regard to the Propulsion Module, the main objective was to ferry the Lander module from GTO to the final lunar polar circular orbit and separate the Lander.

Sensex closing above 68,000 for the first time, as the Bharatiya Janata Party's strong showing in state elections pumped up an already buoyant market. The Sensex and Nifty jumped over 2% each — the highest single-day gain in 14 months — boosted by resurgent foreign fund flows, receding US bond yields and softening crude prices. The Nifty gained 2.07%, or 418.90 points, to close at 20,686.80 after hitting a high of 20,702.65.

Epic, to sustain operations at Think & Learn, multiple people aware of the matter said. While Byju’s has received three bids so far for about $400 million for Epic, as per the current plans, the company would have to tap into at least $80-100 million from the transaction while keeping the remainder for term loan B (TLB) lenders.

investors, whose enthusiasm for purchasing Indian sovereign debt is sapped by the procedures associated with the exercise, have found a novel instrument to tap into the credit market in the world's fastest-expanding major economy: Supranational bonds. Issuers of these instruments include entities such as the European Bank for Reconstruction and Development, International Finance Corp, and the Inter-American Development Bank. Investors include major global players such as Capital Group Cos, Bank of New York Mellon Corp, Mizuho Financial Group and Union Investment Luxembourg, among others, Bloomberg data showed.