Produced by: Prashanti Moktan Designed by: Manoj Kumar
The Winter Session of Parliament will begin today (December 4) and conclude on December 22. The government will be looking to introduce the Central Goods and Services Tax (Second Amendment) Bill, 2023 for incorporating the GST Council’s recommendations and the The Provisional Collection of Taxes Bill, 2023. Key bills pertaining to Jammu and Kashmir and replacing of criminal laws are among the 18 bills listed by the Centre for the Winter Session
Sheetal Universal IPO is set to open for subscription today (December 4) and close on December 6. The Sheetal Universal IPO price band has been set at Rs 70 per share. Shares of the SME IPO Sheetal Universal will list on the NSE SME platform with the tentative listing date of December 11
“A reason to celebrate as Nifty reaches historic highs! Nifty concluded at 20,267.90, marking a gain of 134.75 points or 0.67%, while Sensex reached 67,481.19, climbing 492.75 points or 0.74%, just 446 points away from it's all-time high of 67,927.23,” said Shrey Jain, Founder and CEO, SAS Online
“This week, investors’ attention will mostly be directed towards the release of service PMI data from the U.S., India, and China. RBI policy meeting later this week; anticipate the status quo; however, the growth outlook might be positively tweaked. The gradual return of FIIs in November signals positive momentum to continue,” said Vinod Nair, Head of Research at Geojit Financial Services
"The Nifty continues to ascend as the bulls maintain control. A consolidation breakout on the weekly time frame seems probable, paving the way for a further rally in the index. The sentiment remains upbeat, marked by a bullish crossover in the weekly RSI. At the lower end, support stands firm at 20,200; any declines could be seen as buying opportunities as long as it holds above this level. On the higher end, resistance is anticipated around 20,450-20,500,” said Rupak De, Senior Technical analyst at LKP Securities
"The Bank Nifty index maintained its robust bullish momentum, breaching the resistance level of 44,700. The immediate hurdle on the upside is positioned at 45,000, marked by the highest open interest on the call side. On the downside, a substantial support level rests at 44,300, serving as a protective buffer for the bulls. Any retracement towards this support presents an opportune moment for investors to initiate long positions,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
The Indian Navy is set to display its operational prowess and capabilities through an 'Operational Demonstration' at the iconic Sindhudurg Fort on the western seaboard of India today (December 4) on the occasion of Navy Day 2023
The Vivo S18 and Vivo S18 Pro will be launched in China today (December 4). The new smartphone series will come with BlueLM, which is Vivo’s own AI. The Vivo S18 will also feature a square Aura Light Flash alongside a three-camera setup at the back
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today in major cities