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gold closed with a weekly gain of nearly 1.10% at $2002.85 as traders look forward to a possible Fed pivot. The metal gained 0.60% Friday. S&P Global US PMI data was released Friday. US manufacturing PMI (November preliminary) at 49.40 trailed the forecast of 49.90, however, services and composite PMI at 50.80 and 50.70, respectively topped the respective estimates of 50.30 and 50.40.

Nifty chose to remain in a defined range; the trading range got narrower and the Nifty oscillated in the 204.65-point range while defending the most immediate support of the 20-week MA. The benchmark index closed with net weekly gains of just 62.90 points (+0.32%). Although some intraday spikes of volatility were observed, India VIX declined by 4.21% to 11.33 on a weekly basis. While no major technical event/development took place over the past five sessions, the point of focus remains the 20-week MA which is acting as the most immediate short-term support for the Nifty.

sovereign gold bond (SGB) scheme at Rs 6,132 per gram and fixed the redemption date as November 30, Thursday. The investors who invested in the scheme have made an income of a whopping 128% (Rs 3,448) over the issue price of Rs 2,684 per gram. This does not include an interest income of 2.5% given by the government. The first tranche of the SGB (SGB 2015-I) was launched on November 5 and was available for subscription till November 20, 2015.

LIC, whose initial public offering was worth Rs 21,000 crore, by garnering a record number of 73.58 lakh applications. Tata Tech IPO was oversubscribed 69.43 times as investors poured in Rs 1.57 lakh crore by making 73.58 lakh applications. The issue closed for subscription on Friday. In terms of the number of applications, Tata Tech has broken LIC's record of 73.38 lakh applications in May 2022. On Dalal Street, Reliance Power is at the third place as it had got 48 lakh IPO applications in January 2008. Tata Tech IPO Tata Tech IPO saw huge investor interest with the QIB portion getting subscribed 203 times, with the HNI portion receiving bids 62 times the amount on offer.

This echoes a sentiment familiar to investors in the stock market. Investors often fixate on the end result i.e. returns while neglecting the critical factors that are within their control namely risk, cost, time, and emotion. In both cricket and investing, the tricky part is feeling like you're in charge when, in reality, some things are beyond your control. Cricket teams make plans, but things like weather and how well the opponent plays can change everything. Similarly, investors can study stocks, but the ups and downs of the market, global events, and economic changes are not something they can control. Now, let's take a closer look at the usually overlooked factors of risk, cost, time, and emotion, and see how they can affect the results of your investments. Finding the Right Balance between Risks and Returns: Investing in the stock market is like walking a tightrope; you need to balance making money with being careful not to lose it all. Central to this balancing act is the concept of position sizing, which involves determining the appropriate number of shares or the amount of investment in a specific security. With a motive to earn higher returns, investors frequently overlook diversification and position sizing. For example, an investor has Rs. 1,00,000 and focuses on an investment that is expected to generate 20% returns within a month. By focusing on returns, he will tend to invest the majority of his funds in that scrip thereby increasing his risk appetite. In essence, the wisdom lies not only in seeking gains but in creating a defensive playbook against market volatility.

Titan, one of the flagship companies of Tata Group, recently crossed the Rs 3 lakh crore market cap on the back of a bumper surge in the last 10 years. The shares have jumped a massive 1400% over the last decade. Accordingly, if an investor had invested Rs 10,000 in the stock 10 years ago and stayed put, the investment would have turned to nearly Rs 1.4 lakh. In the last five years, the stock has more than tripled investors' wealth.

how to overcome this cash crunch feeling. Here are some tips shared by money experts. Make a budget to gain a clear understanding of your earnings and outlays.

KPMG has reportedly frozen pay for 12,000 employees in the UK. According to a report by Financial Times, the bosses in KPMG has informed their employees that they would not receive a pay rise this year unless they were promoted.

Nifty Bank closed with gains of nearly 200 points outperforming the benchmark index for the second day in a row on Friday. The index rose 191 points to close at 43,769. It rose to an intraday high of 43,806 while on the downside it hit an intraday low of 43,566.

F, M, and J student visa programme, should note the changes. The US Embassy in India took to microblogging site ‘X’ to announce the changes.

Rajasthan has only alternated between BJP, and Congress- Ashok Gehlot and Vasundhara Raje. While Raje seemed to have been sidelined by the saffron party during their campaigns ahead of the crucial Rajasthan Assembly Elections, Gehlot remained a highlight and integral party of the Congress campaign for the Rajasthan Assembly Elections 2023.

NSE and BSE will be closed for trading on Monday, November 27 on account of Gurunanak Jayanti. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will not trade. Commodity exchange MCX will also be closed during the morning session but will open for trading in the evening session between 5 pm and 11:30 pm. The country's largest agricultural commodity exchange NCDEX will remain closed for trading in both sessions.

stocks witnessed a build of fresh short positions. Lets first understand how this conclusion is reached that whether the stock has seen a buildup of fresh short position or not.

Lupin stock price today rose 3.8% to touch a 52-week high on Friday's trading session after the company received US Food and Drug Administration (US FDA) approval for two of its drug on Thursday. Lupin share price today opened at ₹1,223.95 apiece on BSE, and touched a intraday high of ₹1,241.20, and low of ₹1,213.20 on BSE.

₹54.5 lakh crore, implying 16.6% holdings of overall Indian equities as of November 2023 which is the lowest since 2012, as per ICICI Securities. FPIs have sold Indian equities worth more than ₹40,000 crore since September this year.

Also Read: Renewable energy has hidden costs China’s net imports of polypropylene (PP) have fallen from 26.7% in 2013 to a mere 10.7% in 2023. HDPE imports have halved from 52% to 25.4% during the same period. LDPE and LLDPE imports have declined from 56.7% and 44.6% in 2019 to 48.3% and 35.4%in 2023, respectively.

Axis Bank analyst day: Brokerages have maintained a "buy" rating on Axis Bank's stock following its analyst day, and they estimate a 13% to 23% upside for the stock. According to reports, providing comprehensive digital journeys and improving customer experiences were the main priorities of Axis Bank.

Tata Motors’ subsidiary, Tata Technologies Ltd, has received strong investors’ response with a record number of IPO applications. The Tata Technologies IPO, which opened for subscription on November 22, will close today, November 24. Read Tata Technologies IPO LIVE Updates here Amid huge interest from investors across the board, Tata Technologies IPO got oversubscribed heavily within hours of opening.

(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Meanwhile, crude oil prices extended decline, lending support to the local currency. Brent eased 0.02% to $81.40 a barrel, while US West Texas Intermediate crude fell 0.75% to $76.52 a barrel.

BSE. Flair Writing IPO subscription status was 2.18 times on day 1.

₹880.00 apiece on the BSE. According to media reports, a large block deal took place in the shares of One 97 Communications, the parent company of fintech major Paytm. Around 1.6 crore Paytm shares, or 2.56% of the equity, changed hands in the trade, reports said.