Technical analysts projected that the Nifty is heading towards 18,900 levels in the near term, with traders building bullish bets on the market. They further stated that it will be helpful if traders adopt a stock-specific approach and look to add quality stocks such as Reliance Industries, HDFC Bank, L&T, Tata Motors, ACC and HCL Tech for a 5-7% upside in the short term.

🛑The Central Bureau of Investigation (CBI) claimed that DHFL's promoters developed 87 shell companies, set up over 260,000 fictitious borrowers and seven created a virtual branch to divert money borrowed from banks. 🔔In October's charge sheet, CBI stated that Kapil and Dheeraj Wadhawan diverted funds and purchased 24 paintings worth ₹63 cr in India's biggest bank fraud involving ₹34,614 crore.

Just days before Thanksgiving, all American furniture company United Furniture Industries employees got a jolting message: they were sacked immediately. The staff of nearly 2,700 were messaged stating that they had been laid off immediately as per the reports.

If you are thinking of leaving your job and doing some business, then the stationery business can prove to be the best for you. In this, you can get a direct profit of about 50%, and you have to invest according to your need. There is a great demand for stationery items. Opening a shop near a school, college, or university will increase earnings.

If your bank account is in Punjab National Bank (PNB), get the KYC work done as soon as possible. If the bank's customers do not do this, then you will not be able to use your bank account after December 12. You will have to settle this work by going to the bank branch. If you do this then your bank account may be recovered.

Can Fin Homes Limited has made its investors millionaires. This multibagger stock has given a return of up to 190 times within 23 years to its investors of Rs 1 lakh to Rs 1.90 crore. The market value of Can Fin Homes Limited is Rs 6,970 crore. According to experts, it expects to increase further if the brokerage report is to be believed, then its target price can rise up to Rs 670 per share.

Diversifying your portfolio into multiple asset classes is one of the best & trusted ways to build long-term wealth. Often highly rewarding investments come with associated market risks. Mudrex thus enters the picture & lets you minimize risks to further grow your wealth with its expert-managed crypto baskets called Coin Sets.

The 48th council meeting of the GST Council is scheduled to be held on 17 December 2022. The meeting will discuss the report of the Group of State Finance Ministers on levying GST on casinos, online gaming, and horse racing and setting up the GST Appellate Tribunal. Apart from this, a committee of officers' report on decriminalizingcertain GST law provisions is also likely to be discussed.

The broader markets looked strong, with the Nifty midcap 100 and smallcap 100 indices rising around a percent each. The Sensex grew 21 points to 62,294, while the Nifty50 climbed 29 points to 18,513 and formed a Doji pattern. The index formed a Bullish Engulfing candle on the weekly scale. A sustainable move above 18,600 will likely pull the Nifty toward the new milestone of 18,950.

In Friday’s intra-day trade, Shares of Nureca, a digital healthcare and wellness solutions provider, continued to reel under pressure and hit a 20-month low of Rs 562.50, down 3.5%. The stock is trading close to its all-time low level of Rs 559.25, touched on March 19, 2021. The company had raised Rs 100 crore through IPO by issuing shares for Rs 400.

In Friday’s intra-day trade, shares of Bikaji Foods International continued their upward movement and rose 8% to hit a new high of Rs 408. The stock quoted higher for the fourth straight day, soaring 31%. Currently, shares traded 36% higher than their issue price of Rs 300 per share. It made its stock market debut on November 16, 2022.

Realty, Capex, consumer, and select banks could outperform, according to Sanjiv Bhasin, Director at IIFL Securities. New highs will be seen with consolidation as December historically sees good returns as most news gets discounted with the Federal Reserve. So, 18,400-18,880 could be the expected levels next week, with Bank Nifty having a shot at 43,700.

Due to security reasons, the US has banned communications components by Chinese companies Huawei and ZTE. US officials say that equipment made by these Chinese companies can be used for espionage and is a threat to national security. Both these companies are included in the list of dangerous companies of the Federal Communications Commission (FCC) of America.

According to the Society of Indian Automobile Manufacturers (SIAM), the Brezza became the best-selling SUV in September 2022, leaving behind many popular cars in the subcompact SUV segment. The new Brezza has many features like a head-up display, electric sunroof, 360-degree view camera, telescopic steering wheel, and Smartplay Pro + infotainment system.

Godrej Properties anticipates launching a luxury housing project at Ashok Vihar in Delhi in the March quarter and is aiming for Rs 8,000 crore of sales revenue from this property. In February 2020, obtained a nearly 27-acre land in the national capital for Rs 1,359 crore to develop a luxury housing project. The net profit stood at Rs 35.73 crore in the year-ago period.