₹368.7-384.1 per share, a discount of up to 4% on the prevailing market price.Oil steadied after a three-day loss as Saudi Arabia said recent cuts by Opec would be honored in full and could be extended, pushing back against persistent skepticism over the curbs’ effectiveness.Global benchmark Brent held above $78 a barrel after dropping by more than 6% in the preceding three sessions, while West Texas Intermediate was over $73. Saudi Energy Minister Prince Abdulaziz bin Salman told Bloomberg News the recently decided cuts would “overcome" an expected inventory build in the first quarter, and could be continued further into 2024 if needed.HCL Tech, Honasa Consumer, SpiceJet, Brigade Enterprises, are among the stocks, that could be in focus in trade Tuesday.Indiabulls Housing Finance, India Cements, Zee Entertainment Enterprises, and Delta Corp are in the F&O ban list for 5 December.GIFT Nifty futures on the NSE IX fell 43.5 points to 20,817 in early deals on Tuesday, indicating a negative start for Indian indices.India's benchmark indexes ended at fresh all-time highs on Monday, aided by strong domestic macroeconomic data and elevated bets of a US rate cut in March, while analysts saw momentum picking up in the ongoing rally after the ruling Bharatiya Janata Party's victory in key state elections.The Nifty closed at 20,686.80, up 419 points, while the Sensex added 1,384 points to end at 68,865.12.Asian markets fell across the board as investors assessed a slew of economic data from across the region.
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