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President Joe Biden has been a vocal advocate of a larger supply increase and the decision from the group prompted the US to say it would consider a wide range of tools to deal with prices.

In Delhi, a litre of petrol costs Rs 103.97, and a litre of diesel costs Rs 86.67. Petrol and diesel prices in financial capital Mumbai are Rs 109.98/litre and Rs 94.14/litre respectively.

Analysts have raised their price target on the stock by 5-23 per cent following the results announcement on November 3, while most of them also retained their “buy” calls on the scrip. “SBI is still trading at temptingly low valuations and remains well positioned as a recovery play,” said brokerage firm Edelweiss Securities in a note.

Ritholtz says investors should consider a globally diversified portfolio, including asset classes that are less correlated to equities such as corporate bonds, treasury inflation-protected securities and treasuries.

​The global markets have largely digested what was a taper-without-tantrum and have inched higher. The Indian markets will open on Monday following two days of holidays as Thursday just had a token one-hour Mahurat trading session. The open on Monday will largely adjust to Friday’s global trade setup which has been steady and buoyant.

Suven Pharmaceuticals on Saturday posted a 31 per cent increase in its consolidated net profit at Rs 97 crore for the second quarter ended September 30. The company had reported a net profit of Rs 74 crore in the July-September period of the previous fiscal.

The three-day IPOs of Paytm, Sapphire Foods India and Latent View Analytics are scheduled to open on November 8, November 9 and November 10, respectively.

While Kaisa did not disclose more details for the reason behind the suspension, it had said the previous day that it was facing "unprecedented pressure" on its finances.

Superlatives on the rally are piling up. Without a single down session, the Nasdaq 100 just scored two perfect weeks in a row, something that has happened only once before -- in 2017.

Retail rentals had dropped 20-25% on an overall basis in key malls and high streets as the pandemic wreaked havoc on stores and malls over several months.