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Hindustan Aeronautics Ltd (touched 52-week high), Bharat Electronics Ltd (touched 52-week high), Bharat Dynamics Ltd, and Mazagon Dock Shipbuilders Ltd were all up 0.5% to 3%. So far in 2023, investors have received a 100% return on their investment in Hindustan Aeronautics shares, a 58% increase in Bharat Electronics shares, and a 33% increase in Bharat Dynamics shares.

Read here: At record high! Sensex jumps 1,100 points, Nifty over 300 points: 5 reasons why The Nifty Midcap 100 index scaled above 44,100 level led by heavy gains in stocks such as Adani Power, HPCL, Union Bank, REC, PFC, ACC, Bank of India, among others, that rose around 2-6% each. Around 85 stocks were trading higher, while 15 stocks declined in the Nifty Midcap 100 index.

Catch Live Market Updates here The domestic equity market ended higher on Friday, with the benchmark Nifty 50 hitting its fresh record high in the intraday session after upbeat Q2 GDP numbers. The Sensex ended 492.75 points higher at 67,481.19, while the Nifty 50 rose 134.75 points, or 0.67%, to settle at 20,267.90, on December 1. Nifty 50 formed a reasonable positive candle on the daily chart with a gap up opening.

Election Results Day, especially if it falls on a Sunday, try this experiment: don't follow the counting and non-stop banter that goes in the name of punditry on TV and online. If you're an advertiser, then let someone in your team give you a 4-hourly WhatsApp message (phone calls are too intrusive) about how tight or loose the race is going.

ChatGPT. Aside from the OpenAI’ celebration, we also witnessed WhatsApp banning nearly 75 lakhs in India. Here is weekly tech wrap up from this week.

WhatsApp banned a total of 7,548,000 accounts in India, with 1,919,000 of these accounts being proactively banned before any user reports. As per the instant messaging platform, the section on user grievances provides insights into the types of complaints received and the corresponding actions taken.

Tamil Nadu's anti-corruption watchdog, Directorate of Vigilance and Anti-Corruption (DVAC), on Friday conducted a raid at the Enforcement Directorate's Madurai office following the arrest of a senior officer of the central agency identified as Ankit Tiwari. The arrest was made by the Madurai branch of the state police's DVAC on the Dindigul-Madurai highway shortly after Tiwari allegedly received a ?20 lakh bribe from an individual. An official statement from the DVAC said Tiwari contacted a government employee, a doctor, and mentioned in a disproportionate assets case which was registered against him and subsequently disposed of. Tiwari allegedly informed the employee that instructions had been received from the Prime Minister's Office to conduct an inquiry by the ED in the case and asked him to appear before the ED office in Madurai on October 30. When the doctor went to Madurai, the DVAC said, Tiwari got into his car and sought Rs 3 crore initially but later brought down the amount to Rs 51 lakh.

US Federal Reserve is done with interest rate hike have acted as key catalysts for the foreign fund inflows into emerging markets like India. The FPI inflows into Indian equities during the month of November stood at ₹9,001 crore as against selling of over ₹39,000 crore in September and October together, according to National Securities Depository Ltd (NSDL) data. Taking into account debt, hybrid, debt-VRR, and equities, FPI inflows were at ₹24,546 crore during the month.

Also Read: US stock market ends higher as Powell raises peak rate hopes; S&P logs highest close of year He also noted that the “full effects" of the Fed’s 5.25 percentage points of rate hikes to date have likely not yet been felt, Reuters reported. “We are getting what we wanted to get" out of the economy, Powell said during an event at Spelman College in Atlanta.

markets rose for the fifth consecutive week driven by strong GDP data and a bullish trend seen in global markets. Return of FIIs, multiple upgrades of India’s economic growth by global firms, added to the overall positivity, analysts said. The IPO market also continued its momentum, which has seen five listings and out of which, four have exceeded expectations, led by Tata Technologies.

Sensex ended 492.75 points, or 0.74%, higher at 67,481.19, while the Nifty 50 rose 134.75 points, or 0.67%, to settle at 20,267.90. The Nifty Midcap 100 index closed 1.10% higher at 43,382.40 and the Nifty Smallcap 100 index closed 0.48% higher at 14,239.30. Analysts believe the stock market next week will be driven by economic data releases from the US, India, and China, while the focus will be on the Reserve Bank of India (RBI) monetary policy meeting.

Also Read: US stock market ends higher as Powell raises peak rate hopes; S&P logs highest close of year Could this time be different? Perhaps. While Fed Chair Jerome Powell pushed back Friday on the prospects for interest-rate cuts, the central bank’s historic tightening campaign is seen as game over across markets. At the same time, the risk-on exuberance is working against Powell’s goal of tightening financial conditions, a back-and-forth dynamic that has contributed to the demise of past rallies.

US Federal Reserve Chair Jerome Powell bolstered the view that key policy rates have peaked. All three major US stock indexes gained, notching their fifth consecutive weekly percentage gains. The Dow Jones Industrial Average rallied 294.61 points, or 0.82%, to end at 36,245.5, while the S&P 500 surged 26.83 points, or 0.59%, to 4,594.63 -- its highest level since March 2022.

Tata Power share price rose 4% to touch a 52-week high on Friday's trading session amid a bullish market and several news developments around the stock. Since last Friday's closing, the Tata Power share price has increased by more than 7% this week.

Trent became the fifth stock among the listed Tata Group companies to cross a market capitalisation of Rs 1 lakh crore. Other group stocks with a market cap of over 1 lakh crore are Tata Consultancy Services (TCS), Titan, Tata Motors and Tata Steel. At 2:45 pm, Trent's market cap stood at Rs 100,183.47 crore.

Maruti Suzuki India Ltd, the largest passenger car manufacturer in India, sold a total of 164,439 vehicles in November 2023, recording a growth of 3.4% from 159,044 units sold in November last year. Total sales in the month include domestic sales of 136,667 units, sales to other OEMs of 4,822 units and exports of 22,950 units, Maruti Suzuki said in a release on Friday.

₹1,339.60 apiece on BSE. Tata Tech share price today touched intraday high of ₹1,348, and low of ₹1,212.80.

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.

Tata Technologies fell nearly 8% to the day's low of Rs 1,218.15 on the NSE on Friday as investors booked profits after a bumper listing for the stocks on Thursday. The stock rallied as much as 180% over the issue price of Rs 500 on Thursday in its stock market debut. Tata Tech stock hit the intraday high of Rs 1,400 on its debut before closing the session at Rs 1,313.

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.