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JK Lakshmi Cement Ltd, part of the cement industry, has rallied more than 18% in a month, which helped the stock to surpass the W chart pattern on the daily charts. Short-term traders can look to buy the stock for a possible target of Rs 890 in the next 3-6 months, suggest experts. The cement stock rose from Rs 683 recorded on October 17 to Rs 812 as of 17 November 2023 which translates into an upside of more than 18% in a month. The stock hit a record high of Rs 897 on 14th December 2022, but it failed to hold on to the momentum. The stock found support above 650 in March 2023 and above 600 levels in July 2023. The stock witnessed a breakout from the W pattern where the neckline was placed above 700 levels in November. The momentum also helped the stock to climb above 50 and 200-DMA on the daily charts earlier in November which is a positive sign for the bulls. “The stock has displayed above-average volumes, breaking upward from both the flag and pole chart patterns.

Delta Corp, Hindustan Copper, The India Cements, Manappuram Finance, the Multi Commodity Index of India (MCX), RBL Bank and Zee Entertainment Enterprises (ZEEL). Steel Authority of India (SAIL) has come out of the ban. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.

Sensex ended 187.75 points lower at 65,794.73 while the Nifty 50 declined 33.40 points to settle at 19,731.80. Nifty 50 formed a small positive candle on the daily chart with a long upper shadow.

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.

Economic Times reported, citing a top official of the company. The official was responding to the newspaper's query on social media posts that made unverified claims of around 500 staffers being laid off by PhysicsWallah.

World Cup Final India vs Australia: The Surya Kiran Aerobatic Team on Sunday, 19 November, conducted an air show over the Narendra Modi Stadium in Ahmedabad ahead of the commencement of the ICC World Cup Final match between Rohit's Sharma-led Indian men's cricket team and Pat Cummins-led Australia Men's cricket team. The Indian Air Force's aerobatic team Surya Kiran on Friday rehearsed for the air show it was scheduled to perform ahead of the Cricket World Cup final.

But then, Covid struck. As governments around the world enforced lockdowns, football scholarship plans suffered. But even when lockdowns started easing and athletes resumed hitting the turf, things couldn’t be back to the way they once were.

Elon Musk-owned company's Starbase launch site near Boca Chica in Texas, boosting the Starship spacecraft roughly 55 miles (90 km) above ground on a planned 90-minte flight into space. But the rocket's Super Heavy first stage booster, though it appeared to achieve a crucial maneuver to separate with its core Starship stage, exploded over the Gulf of Mexico shortly after detaching, a SpaceX webcast showed.

Sachin Tendulkar, Beckham attended India's semi-final match against New Zealand at Wankhede Stadium in Mumbai. After the match images emerged of the football doyen attending a gathering at Bollywood star Sonam Kapoor's abode, and later a dinner hosted by Shah Rukh Khan and Gauri Khan.

Narendra Modi Stadium in Ahmedabad on Sunday 19 November. Meanwhile, a furniture and mattress brand in Ahmedabad has come up with a unique promotional stunt.

WABetaInfo report, there is now a button situated above the icon for initiating new chats in the Chats tab. This button facilitates the swift opening of AI-powered chats, enhancing the speed and convenience for users. The AI chatbot, driven by Meta AI, was initially unveiled by Mark Zuckerberg, CEO of Meta, WhatsApp's parent company, in September.

Bank of Baroda on November 18 informed the stock exchanges that its capital raising committee has given the nod to raise up to ₹15,000 crore, comprising not more than ₹5,000 crore via the issuance of tier-II debt bonds and a maximum of ₹10,000 crore through infrastructure bonds. The decision to raise the funds was finalised at the committee's meeting held earlier in the day, the public sector lender said in a regulatory filing.

Miss Universe 2023 is surely going to mark many firsts breaking stereotypes that has manifested around the pageant over the years. From transgender competitors to plus size model, Miss Universe 2023 will find itself mentioned in the history of the competition.

₹5,000-crore Dharavi Redevelopment Project (DRP), has denied the allegations of favouritism over the Maharashtra government's latest notification on Transfer of Development Rights (TDR). A section of the state's opposition has accused the government of tweaking the TDR norms to allow the Adani group to maximise its profit. The company, in response to the accusation, called it a “mischievous ploy" at the “behest of certain vested interests".

Amit Shah, while campaigning for the Bharatiya Janata Party (BJP) in poll-bound Telangana on November 18, said the party would abolish religion-based reservation and increase the quota of Other Backward Classes (OBCs) and Scheduled Tribes (STs) if elected to power. In Telangana, backward members of the minority Muslim community are currently eligible for four percent reservation in education and government jobs. The state's overall Muslim population is estimated to be 12.7 percent, on the basis of the last census.

Almost 100 companies in the smallcap segment gave double-digit returns of up to 41% in the week ended November 18, data analysed by ETMarkets showed. While the benchmark Sensex clocked 1.4% gains on a week-on-week basis, the week was a volatile one, as the index fell in two out of the four trading sessions. However, the S&P BSE Midcap and Smallcap indices have outperformed Sensex, gaining more than 2% and 3%, respectively.

WhatsApp has chosen the Mercedes Formula One team for its first entry into sports sponsorship

Nifty on Friday ended 33 points lower to form two back-to-back candles with high upper shadows and indicate a presence of strong overhead resistance around 19,850 levels. The positive chart pattern like higher tops and bottoms is intact as per the daily chart and Thursday's swing high of 19,875 could be considered as a new higher top of the sequence. Hence, any decline from here could open a possibility of higher bottom formation around 19,600 -19,550 levels in the coming sessions, said Nagaraj Shetti of HDFC Securities. The hourly momentum indicator has a negative crossover, indicating that the consolidation can continue over the next few trading sessions.

BSE Sensex ended lower by 187.75 points or 0.28% at 65,794.73 level while the Nifty 50 closed at 19,731.80 level, down 33.40 points or 0.17%. The broader market closed inched higher than the benchmark indices on Friday's session, the Nifty Midcap 100 closed 0.20% higher and Nifty Smallcap ended flat or 0.09% higher.

Reserve Bank of India on Thursday decided to increase the risk-weights on unsecured credit and bank loans to non-banking financial corporations (NBFCs). The increased risk-weight is applicable to outstanding as well as fresh loans, the central bank said. While credit growth for the overall banking system has remained stable and healthy, certain components of personal loans are, however, recording very high growth, RBI Governor Shaktikanta Das had said in his previous policy statement. Das further added that the central bank was closely monitoring for any signs of incipient stress. Thursday’s decision was, therefore, somewhat on expected lines. However, Dalal Street wasn’t very happy with the same and a kneejerk reaction was seen among NBFC stocks, with Bajaj Finance, One97 Communications, and SBI Cards and Payment Services shedding more than 2-5%. Let’s understand a little more about what the implications of RBI’s move could be on the business. What’s changed? The risk-weights on banks’ unsecured personal loans and consumer durable loans have been increased to 125% from 100%, and that on credit cards have been increased to 150% from 125%. Further, the risk-weights on NBFCs’ unsecured personal and consumer durables loans, and credit cards have been increased to 125% from 100%. The risk-weights on loans by banks to NBFCs has been hiked by 25 percentage points, if the risk-weight is below 100%.

US Federal Reserve will not increase interest rates further and pivot to a rate cut early next year. Rupee is up only 0.1% this week against the US dollar, as compared with 1-2% rally in other Asian currencies. Also Read: The rupee, its fall, slight recovery and what the RBI did “The recovery in the domestic equities backed by foreign fund inflows and lower crude oil prices are providing support to the local rupee.