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Voltas Ltd. traded 0.62 per cent up at Rs 825.2 on Thursday at around 01:39PM (IST), while the benchmark BSE Sensex declined 100.29 points to 66801.62. As many as 106,236 shares changed hands on the counter with a total value of Rs 8.72 crore.

Gurmeet Chadha, Managing Partner & CIO, Complete Circle Consultants, says “Tata Tech is a beautiful company with great digital engineering capabilities. But paying 70-80 times trailing right now with the market also being at a high and the sector facing a lot of headwinds does not make sense at this price to me. But if it comes lower, maybe in three-digits, I would probably want to add it in a staggered manner over a long term.” What does one do now — chase the Tata Tech stock or just wait it out? First, kudos to the Tata Group. This stock probably can be acquired in a staggered manner. This has bridged the premium valuation gaps which the Tata Group had with Elxsi, KPIT, although strictly not comparable. Difficult to really add at this price right now. I was hoping to add probably at Rs 800-900 and then maybe over a three-month period, if you get slightly better prices, it should be a core portfolio stock.

Indian Oil Corporation Ltd. traded 0.05 per cent up at Rs 108.59 on Thursday at around 01:34PM (IST), while the benchmark BSE Sensex declined 124.06 points to 66777.85. As many as 554,694 shares changed hands on the counter with a total value of Rs 6.0 crore.

Outdoor air pollution from all sources accounts for 2.18 million deaths per year in India, second only to China, according to a modelling study published in The BMJ. The research found that air pollution from using fossil fuels in industry, power generation, and transportation accounts for 5.1 million extra deaths a year worldwide.

Dozens of South Korean and U.S. combat engineers build a pontoon bridge to ferry tanks and armored vehicles across the water, all within easy range of North Korean artillery. For seven decades, the allies have staged annual drills like this recent one to deter aggression from North Korea, whose 1950 surprise invasion of South Korea started a war that has technically yet to end. The alliance with the United States has allowed South Korea to build a powerful democracy, its citizens confident that Washington would protect them if Pyongyang ever acted on its dream of unifying the Korean Peninsula under its own rule. Until now.

The Bank of Canada’s public consultations on the creation of a digital Canadian dollar reveal most respondents are opposed to it.

Israel and Hamas will continue, both sides said Thursday, moments before the deal was due to expire, though details of any official agreement remained unclear. Minutes before the halt in fighting was due to expire at 0500GMT, Israel's military said the "operational pause" would be extended, without specifying for how long.

Investing.com-- Most Asian currencies kept to a tight range on Thursday tracking weak economic signals from China, while the dollar steadied from recent losses as markets awaited a key inflation reading due later in the day.

A look at the day ahead in European and global markets from Wayne Cole.

Animal vs Sam Bahadur advance booking Day 1: Animal is getting a lot of attention in the Hindi language, where it has made about ₹17.1 crore from advance booking for the first day. More than 5.75 lakh tickets have been sold for over 10,000 shows. Sam Bahadur has made about ₹1.81 crore and about 57,888 tickets have been sold for the first day.

ICICI Prudential Life Insurance Company Ltd. traded 1.83 per cent up at Rs 560.95 at 10:10AM (IST) on Thursday, even as BSE benchmark Sensex dropped 241.61 points to 66660.3.

By Joe Cash

Investing.com-- Most Asian stocks kept to a tight range on Thursday after data from China pointed to sustained weakness in the region’s biggest economy, although most indexes were nursing strong gains for November. 

Neelkanth Mishra, Chief Economist, Axis Bank, says “construction is considered the biggest employer after agriculture. So if construction activity is so strong, it is very surprising to me that for staples companies, the volume growth has been so anaemic. I can think of three or four reasons for this. All of them are contributors, it is very hard to conclude on how long they are going to last. The first is that perhaps we are looking at the wrong metrics. Because remember that in the bottom 50% of the population, which is what we are tracking through such metrics, brands are a luxury.” The outsized bet that has worked so far this year is bet on urban India, the premiumisation trend. That K-shaped recovery has played out only for the uber rich, and it has not really played out for the rural economy per se. Even right now, the trends and the data points that you are seeing do not really point to a meaningful recovery in the rural end of the economy. Is that a worrisome sign? It is indeed worrisome.

Investing.com-- Chinese manufacturing activity declined further in November, as the sector saw increased headwinds from slowing overseas demand, while growth in the non-manufacturing sector also deteriorated. 

By Kane Wu

Investing.com-- Oil prices fell in Asian trade on Thursday tracking weak economic signals from top importer China, with traders now holding out for an upcoming OPEC+ meeting where the cartel is widely expected to announce more supply reductions. 

Gold prices consolidated in a tight range and hovered close to a near seven-month high on Thursday, as investors awaited key inflation print to gauge whether interest rate cuts in the U.S. would come sooner than previously expected. FUNDAMENTALS * Spot gold was flat at $2,043.69 per ounce by 0225 GMT, after hitting its highest since May 5 on Wednesday, and was poised for its second straight monthly gain. * U.S.

rate hikes ahead of a crucial inflation report later in the day. The dollar index, which measures U.S. currency against six rivals, eased 0.058% to 102.74, not far from 102.46 — its lowest since Aug. 10 it touched on Wednesday. The index is down 3.7% in November on growing expectations the Fed will cut interest rates in the first half of 2024. The dollar clawed back some of its losses on Wednesday after data showed the U.S.

Oil prices fell in early Asian trade on Thursday on weaker-than-expected Chinese manufacturing data, but investors maintained caution ahead of an OPEC+ meeting where production cuts are expected. Brent crude futures fell 28 cents, or 0.3%, to $82.90 a barrel by 0024 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.3%, to $77.68 a barrel. China's manufacturing activity contracted for a second straight month in November and at a quicker pace than expected, an official factory survey showed on Thursday, suggesting more policy support measures are needed to help shore up economic growth in the world's largest oil importer.

Israel and the Palestinian militant group Hamas, the Red Cross and other authorities said. In a repeat of scenes over the past six days during a humanitarian pause in hostilities, the civilians were released to the International Committee of the Red Cross (ICRC) and driven in vehicles to Israel. Two Russian citizens and four Thai citizens were released outside the framework of the agreement while the 10 Israeli citizens freed included five dual citizens, Ansari said. They were a Dutch dual citizen, who is also a minor, three German dual citizens and one U.S.