The Nifty50 remained under pressure throughout the session and snapped an eight-day winning streak on December 2 as the bulls gave up their control. Profit booking as well as weak global cues weighed on sentiment on the last of the week. The index has formed a bearish candle on the daily charts as the closing was lower than the opening levels, but it held the median of the previous green candle (November 30) as well as took support at the 18,600 level on December 2. Hence, after the recent run-up, consolidation can be seen in coming sessions but overall the momentum remains strong that can take the Nifty50 towards 19,000 in short term, with crucial support at 18,300, experts said. Read here
The Nifty50 remained under pressure throughout the session and snapped an eight-day winning streak on December 2 as the bulls gave up their control. Profit booking as well as weak global cues weighed on sentiment on the last of the week. The index has formed a bearish candle on the daily charts as the closing was lower than the opening levels, but it held the median of the previous green candle (November 30) as well as took support at the 18,600 level on December 2. Hence, after the recent run-up, consolidation can be seen in coming sessions but overall the momentum remains strong that can take the Nifty50 towards 19,000 in short term, with crucial support at 18,300, experts said. Read here
International Day of Persons with Disabilities
FIFA World Cup: Round of 16 starts
Tomorrow
Navy Day
Municipal Corporation of Delhi elections
OPEC+ meeting
India’s largest carmaker Maruti Suzuki India (MSIL) on December 2 said that it will hike the prices of its models from January 2023 and that the increase will vary for different models. However, the company did not disclose the quantum of the proposed price hike. Read here
A very small section of people in India purchase health insurance policies in their early 20s. Most of them realise the importance of health insurance cover in their 30s or 40s, or worse, closer to retirement. Financial advisors recommend buying a health insurance policy in the early stages of one's career due to a number of reasons. Read details here
The Audi Q3, the ringleader of the compact luxury SUV space, returns with sharper looks, advanced tech and a handful of standard features elevating it from the competition. Does the new Q3 still offer the most value for money? Watch the Drive Report here.
The Infinix Zero 5G 2023 has officially been unveiled globally. The Zero 5G 2023 arrives with a MediaTek chipset, Android 13, a large battery, a high refresh rate display, and more. Specifications, features, price, and everything else to know about the smartphone here.
CCTV footage reveals how five lions at a Sydney zoo were able to escape their enclosure by squeezing underneath a fence. Taronga Zoo has shared CCTV footage of what is being called the great lion escape of 2022. Read more here
