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The weakness on Friday was largely due to the selling pressure in the banking and financial services sector following the Reserve Bank of India’s move to tighten rules on unsecured consumer loans. This move saw shares of SBI Cards and Payment Services plunge more than 5%, and those of Aditya Birla Capital drop as much as 7% intraday. SBI Cards stock also hit its lowest level in nearly 9 months at Rs 720.80.

Buy or sell stocks for today: After trading range-bound throughout the day, Indian stock market finally ended lower on Friday last week. Nifty 50 index lost 33 points and ended at 19,730 levels, BSE Sensex went down 187 points and closed at 65,794 mark while Nifty Bank index corrected 577 points and finished at 43,583 levels.

The Economist has spoken to parents who say their children have been committed to mental-health services against their will, or removed from their care altogether. According to testimony provided in Parliament, one doctor told a child that he would not treat “an American illness". In 2019 several dozen children with PANDAS and PANS were discharged from a British hospital.

World Cup. Many members of the present team are likely not to be part of India’s squad in 2027. As India still recovers from the heartbreak, let’s have a look at the reasons why the Men in Blue fell short of their Australian counterparts.

Grasim's paint operations may weigh on investor sentiment. Crude oil prices, currently below $80 per barrel, impact around 40% of the raw material costs for paint companies as the cost of binders — a key input material — is linked to the prices of crude oil. Crude oil prices are seen remaining weak in the near term amid concerns of demand weakening globally. With prices of another key raw material — titanium dioxide — also having seen a sharp correction from its peak levels, profitability is seen improving in the current quarter, but to a limited extent. This reflected in the shares of major paint companies, which ended 1-4% higher on Friday, even as the benchmarks Nifty 50 and Sensex ended marginally in the red. «Historically we have seen that paint companies do not see a drastically different margin profile, because when raw material prices correct, they pass on most of it to the customers,» said George Thomas, fund manager for equities at Quantum Mutual Fund, who sees profitability improving by around 100 basis points. Asian Paints, has in fact, cut product prices by 1% earlier this week, with other players following suit. The minor price revision, notwithstanding, paint makers are expected to see volume growth in mid-teens through the rest of the year, which is likely to keep earnings stable in FY24. Share prices, though, are unlikely to see a meaningful upsides.

analysts emphasise the critical importance of Nifty maintaining its position above 19,400. Nifty recorded a 1.73% gain last week, closing at 19,732. Analyst recommendations for trading include stocks such as HCLTech, CESC, Jindal Stainless, Aurobindo Pharma, Dr Reddy’s, NMDC, and Cyient. KAPIL SHAH TECHNICAL ANALYST, EMKAY GLOBAL FINANCIAL SERVICES Where is the Nifty headed? In the short term, the index will be considered in a bullish zone if it stays above 19,500.

Macquarie’s green investments arm has backed a $10 billion initiative for a fast-tracked expansion into Australia’s renewables sector, building on the bank’s long-standing presence in clean energy and appetite for returns linked to decarbonisation.

EDINBURG (TEXAS) : Donald Trump returned to the US-Mexico border for a visit Sunday as he promotes a hard-line immigration agenda that would be far more expansive than the policies he pursued during his first term as president. Before making remarks in Edinburg, Texas, Trump served meals to Texas National Guard soldiers, troopers and others who will be stationed at the border over Thanksgiving. He was joined by Republican Gov.

India's top five flexible workspace providers are expected to post 30-60% growth in revenues this financial year, thanks to a surge in demand with companies calling employees back to the office. WeWork India, Smartworks, Awfis, Table Space and IndiQube — which contribute more than half of the domestic flexible workspace industry — are also looking to add 12 million sq ft in the next financial year even as SoftBank Group-backed startup WeWork filed for US bankruptcy protection earlier this month.

Travis Head has produced an innings for the ages to lead Australia to a sixth Cricket World Cup crown, beating India by six wickets in the final.

MUMBAI : Information technology (IT) stocks seem to be garnering renewed interest with the Nifty IT index rising 6% so far in November. The better-than-expected October US CPI inflation data has raised hopes that the US Federal Reserve’s rate hiking cycle is nearing its end. If this hope materialises then it should come as a boost especially to the banking, financial services, and insurance (BFSI) sector—a key revenue generator for Indian IT companies.

Our dependence on fossil fuels is damaging our health and pushing temperatures to record levels. The interlinked climate calamities of the past few years—extreme weather events, food insecurity, water scarcity, and worsening air pollution—are a direct result of greenhouse-gas (GHG) emissions. But the adverse effects we are experiencing today could be just a preview of the catastrophes that await us.

Rohit Sharma-led India by 6 wickets, with 42 balls remaining, at the ICC Men's Cricket World Cup 2023 final played at Narendra Modi Stadium in Ahmedabad. Speaking after the World Cup loss, Indian skipper Rohit Sharma said, “We were not good enough today. I’m really proud of the team, how we played from game one.

World Cup 2023 for his exemplary performance. Kohli scored a total of 765 runs in 11 innings, the highest-ever runs scored by a batter in a single edition of the World Cup. He averaged at 95.62, and ended up with a strike rate of 90.3.

Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

Israel said on Sunday that Yemen's Houthis had seized a British-owned and Japanese-operated cargo ship in the southern Red Sea, describing the incident as an "Iranian act of terrorism" with consequences for international maritime security. The Houthis, an ally of Tehran, have been launching long-range missile and drone salvoes at Israel in solidarity with the Palestinian Hamas militants it has been battling in the Gaza Strip since Oct 7. Last week, the Houthi leader said his forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait. There was no immediate comment from the Houthis on Sunday. Israeli Prime Minister Benjamin Netanyahu's office said a ship — which it did not name — had been seized, and stressed that Israel was not involved in its ownership, operation or the make-up of its international crew. «There were no Israelis on the ship,» it said. «This is another Iranian act of terrorism that represents an escalation in Iran's belligerence against the citizens of the free world, with concomitant international ramifications vis-a-vis the security of global shipping routes.» The Israeli military said in an earlier statement the ship seizure took place in the Red Sea.

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Physics Wallah said it may let go of 70-120 staffers, amounting to less than 0.8% of its workforce in relation to performance concerns. The decision, undertaken after a mid-term appraisal analysis ended in October, is aimed at ensuring Physics Wallah’s primary focus on maintaining a high-performing team, a top official told ET. The spokesperson was responding to ET’s request for comments on several posts on social media about Physics Wallah laying off over 500 staffers in a “totally unprofessional” manner. ET could not verify the contents of the social media posts.

France has successfully test-fired an M51.3 long-range ballistic missile, boosting the credibility of France's nuclear deterrence capabilities, the defence ministry said on Sunday. The missile, which did not carry a nuclear weapon, was fired from the French army's Biscarosse missile testing site in southwest France and landed in the North Atlantic, «hundreds of kilometres from any coastline» the ministry said, without giving further detail. «The flight has allowed to confirm a major improvement of the missile which will contribute to the lasting credibility of France's oceanic deterrence in coming decades,» the ministry said in a statement on Sunday. It added that maintaining operational credibility of France's nuclear weapons is required given the international environment. Following Russia's invasion of Ukraine in February 2022, President Vladimir Putin has repeatedly warned the West that he would be ready to use nuclear weapons to defend Russia. The M51.3 missile is an upgraded version of the M51, a three-stage sea-land strategic ballistic missile designed to be launched from French Navy submarines. The M51 was first test-fired from a ground base in 2006 and from a submarine in 2010, the year it was commissioned. The new M51.3 missile, which is expected to enter service around 2025, is developed by aerospace firm ArianeGroup, a joint venture between Airbus and French defence group Safran . Ballistic missiles are similar to rockets and follow elliptic trajectories after launch, often leaving the earth's atmosphere to reach lower space, unlike cruise missiles, which typically follow straight trajectories at low altitude, powered by continuous thrust until they reach their target.

Narendra Modi on Sunday attacked BJP's sole competitor Congress in poll-bound Rajasthan, alleging that the fuel prices under the Ashok Gehlot government in the state are above par in comparison to other BJP-run states. «The Congress government is not leaving any opportunity to loot you. Petrol is cheaper by Rs 12-13 in Haryana, Gujarat and Uttar Pradesh,» PM Modi said addressing a rally in Jhunjhunu. Modi said as soon as the BJP government comes back to power in Rajasthan, there will be a review of petrol prices and any possible corruption on fuel prices will also be investigated. «After review, new decisions will be taken in the public interest,» PM Modi said.

It was inevitable that markets were going to slow down after the recent surge during the week. The biggest reversal came from the Russell 2000 (IWM) which posted a classic inverse reversal hammer, intersecting the 200-day MA, followed by a down-day today to complete a «bearish evening star».