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Investing.com-- Most Asian currencies kept to a tight range on Friday, while the dollar rebounded from 3-½ month lows in anticipation of more cues on interest rates from Federal Reserve Chair Jerome Powell. 

By Ankur Banerjee

Investing.com-- Gold prices steadied near a seven-month high on Friday, pausing their recent rally amid anticipation of more cues on U.S. interest rates from Federal Reserve Chair Jerome Powell later in the day. 

Since the pandemic, India has seen a K-shaped recovery in many sectors. One of these is the residential real estate sector, where sales of premium or luxury housing have been on the rise.

Suzlon Energy, NLC India, Aegis Logistics and Cochin Shipyard rising over 25 per cent each, data from Capitalmarket showed. Stocks such as Cams Services, Radico Khaitan, Latent View, Granules India and Global Health jumped over 20 per cent in the Nifty Smallcap 100 index in November. On the other hand, Raymond, KEC International, Tejas Networks and KRBL were among the stocks that ended as the top losers in the Nifty Smallcap 100 index.

rupee settled 7 paise lower at a record closing low of 83.40 a dollar. India's gross domestic product (GDP) growth of 7.6% during July-September beat most estimates, including 6.5% projected by the Reserve Bank of India (RBI), retaining the country's tag of the world's fastest-growing major economy. Read here: India remains fastest-growing major economy, Q2 GDP growth beats RBI estimates: 5 key takeaways Also, another data released simultaneously showed that the output of eight key infrastructure sectors jumped 12.1% in October 2023 against 0.7% expansion in the year-ago period.

Mumbai's real estate sales and registrations recorded their best November in 11 years, as per an assessment by Knight Frank India on Thursday, November 30, 2023. Shishir Baijal, Chairman & Managing Director, Knight Frank India, said, “Following a notable 6.5% YoY increase in prime property prices during Q3 2023, Mumbai is anticipated to witness a 5.5% upsurge in prime residential prices in 2024.

One of Canada’s former top spies says that the American indictment linking an alleged assassination attempt orchestrated by an Indian government employee re-enforces the validity of allegations made by Prime Minister Justin Trudeau in September.

By Stella Qiu

By Leika Kihara

(Reuters) — Activity in Russia's manufacturing sector grew at the same pace in November as in October, even as new export orders contracted for the first time since July, a business survey showed on Friday.

TortoiseEcofin Senior Portfolio Manager Robert Thummel discusses how China's economic woes could impact crude oil prices on «The Claman Countdown.»

Tata Elxsi Ltd. gained 1.03 per cent to Rs 8346.4 at 10:46AM (IST) in Friday's trade. The scrip has hit a high of Rs 8450.0 and low of Rs 8328.95 so far during the session.

The private lender's portfolio comprises 8,529 accounts given to affordable home buyers with average principal loans ranging between Rs 10 lakhs and 12 lakhs. The bank invited offers in cash by December 2, the people cited above said. Bandhan Bank did not respond to ET's request for comments. The sale of an affordable home loan portfolio by Bandhan Bank also resonates with the concerns expressed by the Reserve Bank of India's (RBI) growth of unsecured loans, which prompted the regulator to raise the risk weightings on such loans last month. «The rising delinquencies are partly because small ticket loans are given without the lender undertaking proper due diligence of the borrower.

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.

Sam Bahadur Box Office collection Day 1: Vicky Kaushal-starrer 'Sam Bahadur' has released in theatres today, December 1. The film is based on the real-life of Sam Manekshaw, Former Chief of Army Staff of the Indian Army, renowned for his bravery. Vicky Kaushal plays the lead role of Sam Bahadur.

What is assembly election exit poll?A survey agency tries to gauge the likely result of an election through an exit poll. Voters are asked, after they exit the polling station who they voted for, hence this is called an ‘exit poll’.

Narendra Modi arrived in Dubai to attend the 28th Conference of the Parties (COP28) Summit. Upon the Prime Minister's arrival in the UAE, he received a warm welcome from the members of the Indian diaspora outside a hotel in Dubai, followed by a cultural dance performance. Videos showed diaspora members raising chants of 'Modi, Modi' , 'Abki Baar Modi Sarkar' and 'Vande Mataram.' PM Modi was also seen shaking hands with diaspora members outside the hotel.

RBI is now in talks with its counterparts in the US and Hong Kong, besides the Society for Worldwide InterBank Financial Communications (Swift), the global financial messaging system, on the prospects of launching digital cross-border settlements. The goal is to make global payments faster and cheaper for both individuals and companies. This is not just forward-looking move but a logical one, too, especially since India appears to have done the hard yards on launching a central bank digital currency or CBDC.

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.

Investing.com-- Chinese manufacturing activity unexpectedly rose back into expansion in November, a private survey showed on Friday, as  a mild increase in domestic demand helped offset a persistent decline in overseas orders.