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Devendra Pant, Chief Economist, India Ratings, says food inflation is cooling off but there are two commodities which could be another source of problem for food inflation in general and your overall inflation in particular. In August ‘24, oil and fats had a deflation of 0.86% and come November it has an inflation of 13.28%. This is one commodity among the food group which can create a problem in the months to come. Now that food prices are softening, do you think they will remain elevated still or do you think this is a temporary relief, a trend perhaps that could sustain? Which one of these do you think it is? Devendra Pant: There will be a relief because generally what happens is when you are entering the winter season, you see the kind of price movement in the vegetables or the fruits, they tend to ease because what happens is either you have the less rainfall or more rainfall and because of that there are some supply shortages.

Colgate-Palmolive (India) Ltd. traded at Rs 2861.10 on BSE at 10:04AM (IST) on Friday, 0.61 per cent from previous close. The scrip quoted a 52-week low price of Rs 2330.10 and a high of Rs 3893.00.

Havells India Ltd. traded 0.25 per cent in Friday's session at 10:14AM (IST). The stock opened at Rs 1757.10 and has touched an intraday high and low of Rs 1782.75 and Rs 1757.10, respectively, during the session so far. The stock quoted a 52-week high of Rs 2104.95 and a 52-week low of 1280.20. About 7,742 shares changed hands on the counter so far.

PowerGrid are likely to remain in focus on Friday as the company announced that it has emerged as a successful bidder under Tariff-Based Competitive Bidding (TBCB) for 2 projects. These projects pertain to establishing Inter-State Transmission System under Build, Own Operate and Transfer (BOOT) basis.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Bank Nifty Today Live Updates: At current prices Bank Nifty, faces the below Resistance and Support levels As of the last trading day, the Bank Nifty closed at 53,391.35. This closing price reflects the performance of the banking sector in the Indian stock market, indicating market sentiment and investor confidence in financial institutions.

Equity indices ended lower on Thursday due to selling pressure in index majors as investors turned cautious ahead of the inflation data announcement. Stocks that were in focus include names like Ultratech Cement, which fell 0.8% and Bajaj Auto, which declined 1.05% and DMart, whose shares fell 0.4% on Thursday.

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Material possessions: These serve as a symbol of success for many. But this sentiment varies based on socioeconomic standing. Rich: 36% equate owning more material possessions with success. Luxury items are seen as tangible manifestations of affluence.

Nifty started Thursday on a negative note and stayed under pressure throughout the day, settling negatively at 24,549 levels. The volatility index India VIX dropped by 0.58% to 13.19 levels, indicating a decrease in market volatility. Technically, on the daily chart, the index formed a small red candle. The index has retested the rounding bottom pattern breakout, which is around 24,540. Overall, Nifty witnessed a time-wise correction during the past few days. Once this timewise correction is over, the index is anticipated to resume its upward journey. On the downside, 100-Day Exponential Moving Average (100-DEMA) support is placed near 24,350. As long as the index sustains above it, traders are advised to adopt buy-on-dips strategy. On the upside, the index might test the levels of 24,800-25,000 in the short term, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.

Gold prices climbed Rs 500 to Rs 80,900 per 10 grams in the national capital on Thursday due to persistent buying by retailers and jewellers, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity finished at Rs 80,400 per 10 grams in the previous trading session. The yellow metal has jumped nearly Rs 2,000 in the past three sessions.

Subscribe to enjoy similar stories. Could the Federal Reserve be done cutting rates after December? That shouldn’t be ruled out. Markets seemed undisturbed by Wednesday’s inflation data, which showed consumer prices rising 2.7% in November from a year earlier, up from 2.6% in October.

Canara Bank 1.19 per cent to Rs 107.60 in Thursday's trade as of 01:53PM (IST). The stock hit a high price of Rs 108.70 and low of Rs 107.45 during the session.

Colgate-Palmolive (India) Ltd. 1.56 per cent to Rs 2845.65 in Thursday's trade as of 01:48PM (IST) even as the benchmark Nifty ruled at 24564.0, 77.8 points. The scrip had closed at Rs 2890.75 in the previous session. The stock quoted a 52-week low of Rs 2288.90 and a high of Rs 3893.00. The company quoted a market-cap of Rs 77314.64 crore on the BSE.

Pidilite Industries Ltd. traded 0.25 per cent in Thursday's session at 12:27PM (IST). The stock opened at Rs 3175.05 and has touched an intraday high and low of Rs 3192.00 and Rs 3163.90, respectively, during the session so far. The stock quoted a 52-week high of Rs 3414.40 and a 52-week low of 2490.00. About 2,904 shares changed hands on the counter so far.

Ashok Leyland Ltd. 0.38 per cent to Rs 230.15 in Thursday's trade. It hit a high of Rs 231.35 and low of Rs 229.40 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 217.58, while the 50-DMA was at Rs 222.93. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

REC Ltd. traded at Rs 565.55 on BSE at 12:01PM (IST) on Thursday, 0.75 per cent from previous close. The scrip quoted a 52-week low price of Rs 389.05 and a high of Rs 653.90.

Indian Hotels Company Ltd. traded 0.01 per cent in Thursday's session at 11:05AM (IST). The stock opened at Rs 836.75 and has touched an intraday high and low of Rs 843.50 and Rs 834.35, respectively, during the session so far. The stock quoted a 52-week high of Rs 846.00 and a 52-week low of 416.15. About 30,850 shares changed hands on the counter so far.

Apollo Tyres Ltd.(up 0.03 per cent) were among the top gainers.

HDFC Asset Management Company Ltd. 0.26 per cent to Rs 4554.90 in Thursday's trade as of 11:00AM (IST). The stock hit a high price of Rs 4579.80 and low of Rs 4524.45 during the session.

On the BSE, The Phosphate Co.(down 14.94 per cent), AMIC Forging(down 10.00 per cent), Gconnect Logitech(down 10.00 per cent), Chemo Pharma(down 9.78 per cent) and EP Biocomposites(down 9.20 per cent) were among the stocks that plunged over 5 per cent during the session.