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The technical & derivative analyst from HDFC Securities recommends buying SAIL and and Hindalco

Outlook for Nifty to remain bearish below 17,490, says Subash Gangadharan

Business Standard

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A larger correction is likely once the 16,782 supports are broken

Nifty's set-up remains weak, expect further correction: HDFC Securities

The technical & derivative analyst from HDFC Securities expects weakness in Nifty to continue

Here's why Subash Gangadharan is bullish on Hikal, Gujarat Gas

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The technical & derivative analyst from HDFC Securities recommends buying Chambal Fertilisers and Info Edge

Short-term bias for Nifty seems weak, says Subash Gangadharan

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The Nifty has recently made higher bottoms at 14,416, 14,591, and 14,884 and continues to trade above the 20 and 50-day SMA, which gives further evidence of an uptrend

Stock picks by HDFC Securities: Buy Adani Ports, Tata Communications

Nifty has recently made higher bottoms at 14,416 and 14,591 and continues to trade above the 20 and 50-day SMA

Nifty remains in an intermediate uptrend: Subash Gangadharan of HDFC Sec

Short-term sell offs, however, cannot be ruled out.

Nifty50 index also remains above the 20-day SMA and has now closed at a new life time high after clearing the recent highs of 12,963

Nifty could hit 13,150-13,200 in the coming sessions: HDFC Securities

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Trading ideas by Subash Gangadharan, Senior Technical & Derivatives Analyst, HDFC securities.

Nifty outlook and two stocks that HDFC Securities is positive on

Karnataka Chief Minister Siddaramaiah on Wednesday said he is ready to form a committee headed by a retired judge to look into the Waqf properties issue.
The chief minister also assured the Karnataka Assembly that the government will not remove those temples which are built on Waqf properties. In case notices have been served to them, then they will be withdrawn, he said.
Replying to the question raised by the opposition BJP on the Waqf land issue in the ongoing Assembly session on Thursday, the chief minister said, "Revenue Minister Krishna Byre Gowda has given a detailed reply to the charges of the opposition party.
"If they are not content with our reply, the government is ready to form a committee headed by a retired judge," the chief minister told the house.
He also made it clear that the matter is not a prestige issue.
Siddaramaiah said the central government had enacted the Wakf Act in 1954, which the state government cannot amend.
"The BJP-led government was in power in t

Siddaramaiah, Karnataka CM

The visit follows Starmer's meeting with Prime Minister Narendra Modi at the G20 where they committed to take forward an ambitious UK-India Comprehensive Strategic Partnership

Keir Starmer, UK PM, Prime Minister Starmer

President-elect Donald Trump abruptly rejected a bipartisan plan on Wednesday to prevent a Christmastime government shutdown, instead telling House Speaker Mike Johnson and Republicans to essentially renegotiate -- days before a deadline when federal funding runs out.
Trump's sudden decision to make new demands sent Congress spiralling as lawmakers are trying to wrap up work and head home for the holidays. It leaves House Speaker Mike Johnson scrambling to salvage a new plan, days before Friday's deadline to keep government open.
"Republicans must GET SMART and TOUGH," Trump and Vice President-elect JD Vance said in a statement.
The president-elect made an almost unrealistic proposal for a continuation of government funds along with a much more controversial provision to raise the nation's debt limit -- something his own party routinely rejects.
Democrats decried the GOP revolt over the stopgap measure to keep federal offices running.
"House Republicans have been ordered to shut d

Donald Trump

The Senate passed a defence bill on Wednesday that authorises significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to USD 895 billion while also stripping coverage of transgender medical treatments for children of military members.
The annual defence authorisation bill usually gains strong bipartisan support and has not failed to pass Congress in nearly six decades, but the Pentagon policy measure in recent years has become a battleground for cultural issues. Republicans this year sought to tack on to the legislation priorities for social conservatives, contributing to a months-long negotiation over the bill and a falloff in support from Democrats.
Still, the bill passed comfortably 85-14, sending it to President Joe Biden. Eleven senators who caucus with Democrats, as well as three Republicans, voted against the legislation.
The bill "isn't perfect, but it still includes some very good things that ...

Pentagon

The 23rd Meeting of the Special Representatives (SRs) of India and China which was held in Beijing on Wednesday, was attended by Ajit Doval, NSA and Wang Yi, China's Foreign Minister

Ajit Doval, Ajit, Doval

Stock Markets Today Highlights: 33 of the 50 constituents of Nifty50 ended in the red, dragged by Tata Motors, Power Grid, BEL, JSW Steel, and NTPC, extending losses of up to 2.92 per cent

Market, BSE, NSE, NIfty, Stock Market, investment, Loss, Lost

Latest news updates: Catch all the latest developments from around the world here

sebi

Fugitive liquor baron Vijay Mallya questions excess recovery claims, seeks relief from authorities

Indian businessman Vijay Mallya leaves the Royal Courts of Justice in London, Britain February 11, 2020. (REUTERS/File Photo)

The Enforcement Directorate has restored assets worth Rs 22,280 crore to victims or rightful claimants from cases involving economic offences, the finance minister informed Lok Sabha

Nirmala Sitharaman, Union Finance Minister

Analysts believe the largely expected adjustment is a bid by the Fed to nudge cash out of a facility that's widely viewed as a proxy for excessive liquidity in the financial system

US Federal Reserve, Fed

His fingers flew, fluttered and floated in quicksilver changes of raga and rhythm, drumming up music and magic. Zakir Hussain was the maestro of tabla, percussionist, composer and even actor  a legend who was India's very own and yet belonged to the world.
Hussain died from 'idiopathic pulmonary fibrosis', a lung disease, in a San Francisco hospital early Monday. He was 73.
The artiste, a marquee name in India and abroad, leaves behind more than 60 years of music. He played on the stage alongside some of the greatest Indian and international musicians in a fusion of Indian classical and world music, giving the tabla a whole new identity.
The great percussionist created music across genres and styles, including in his repertoire jazz and concertos, naturally developing an all-inclusive musical creativity after learning and playing under the tutelage of his father and renowned tabla player, Alla Rakha.
The mindset as I was growing up tuned itself to the idea that music is music, it's

Zakir Hussain

He added that M42 stands out for its commitment to accelerating the shift from traditional treatment methodologies to a proactive, prevention-focused model

UAE flag

Earlier on Sunday, Dissanayake also met External Affairs Minister S Jaishankar and National Security Advisor Ajit Doval

Sri Lanka President Anura Dissanayake with Finance minister Nirmala Sitharaman

In the previous session, the Sensex settled 843.16 points or 1.04 per cent higher at 82,133.12. Similarly, the Nifty ended higher 219.60 points or 0.89 per cent at 24,768.30

Stock Market, BSE, Nifty, Capital

He further affirmed confidence that President Dissanayake's talks with Prime Minister Modi today will lead to greater cooperation

Sri Lankan President Dissanayake, EAM Jaishankar

Infosys co-founder Narayana Murthy advocates for a 70-hour workweek, urging youth to work hard for India's progress; underlines the importance of job creation as a solution to poverty

NR Narayana Murthy, Narayana

On Vijay Diwas, PM Modi honoured Indian soldiers whose sacrifices secured victory against Pakistan in the 1971 war, leading to the liberation of Bangladesh

1971 Surrender pic India Pakistan

While Jaiswal flicks the ball on the pads straight to square leg fielder Mitchell Marsh, Gill tried to play an extravagant drive and managed an outside edge to flying Marsh at gully region.

Virat Kohli

Allahabad High Court judge Shekhar Kumar Yadav, who purportedly gave controversial statements at a Vishwa Hindu Parishad function, appeared before the Supreme Court collegium on Tuesday, sources said.
According to the sources, Yadav appeared before the collegium headed by Chief Justice Sanjiv Khanna and was asked to put forth his version on the statements made.
The top court on December 10 took note of news reports over the statements and sought a report from the Allahabad High Court on the issue.
"The Supreme Court has taken note of newspaper reports of a speech given by Mr Justice Shekhar Kumar Yadav, a sitting judge of the High Court of Judicature at Allahabad. The details and particulars have been called from the high court and the matter is under consideration," an official statement had said.
According to the established norm, a judge, against whom a report is sought by the apex court collegium on any controversial issue from the high court concerned, is given opportunity to 

Supreme Court, SC

The shift will comprise women employees for all the mining activities of the shift, including heavy earth-moving machinery