Latest Stock Market News

U.S. consumer confidence slipped to a four-month low in November, with households less keen to spend on big-ticket items over the next six months amid high inflation and rising borrowing costs, heightening the risks of a recession next year.

"The Nifty recently touched 18,600 levels, and at this juncture, the index now trades at 20x 1-year forward earnings which is comfortably near its long-term average. Going ahead, we believe the overall market trend would continue to be positive given comfortable valuations, strong earnings growth potential, and robust domestic macros."

"The Nifty recently touched 18,600 levels, and at this juncture, the index now trades at 20x 1-year forward earnings which is comfortably near its long-term average. Going ahead, we believe the overall market trend would continue to be positive given comfortable valuations, strong earnings growth potential, and robust domestic macros."

On Monday, its Wall Street rival Morgan Stanley said the Sensex would continue to outperform in 2023 with an average 10 per cent rally taking the benchmark index to 68,500 points by December 2023 on a base case scenario and in a bull-run, crossing the 80,000 mark, marking the third successive years of bull-run

Britannia Industries, incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 103220.50 Crore) operating in FMCG sector.

Sun TV Network, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 19286.50 Crore) operating in Media & Entertainment sector.

The Reserve Bank of India and Competition Commission of India had already approved the takeover.

"Looking at medium-term expectations is a very important ingredient to my assessment of what the appropriate Bank Rate at the next vote might be," Mann said at an online event hosted by the U.S. Conference Board organisation.

Despite the year seeing a sharp depreciation in the rupee amid the weak global macroeconomic conditions, the combined wealth of India’s 100 richest people grew $25 billion to touch $800 billion in 2022, according to Forbes India

The S&P 500 fell 0.3 points, or 0.01%, at the open to 3964.19​