Nifty, Sensex hit fresh record highs: RBI MPC outcome in focus; 8 key factors to drive markets this week

Equity benchmarks ended last week on a strong note, extending their winning streak for the third straight week and hitting fresh all-time highs. After early profit-taking, a sharp midweek rebound lifted sentiment, followed by healthy consolidation. By the close, the Nifty gained 0.52% to 26,202.95 and the Sensex rose 0.56% to 85,706.67, reported ET.The rally…

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SIR row: ECI raps Bengal’s TMC govt for not paying BLOs increased honorarium; calls it ‘very strange’ | India News

NEW DELHI: The Election Commission of India (ECI) has pulled up the West Bengal government for not releasing the increased honorarium for booth level officers (BLOs) and the additional payment approved for the ongoing special intensive revision (SIR) of electoral rolls.In a statement, the poll body said it had informed an All India Trinamool Congress…

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FPI outflows resume in November: Rs 3,765 crore offloaded; global risk-off cues and high domestic valuations hit sentiment

Foreign investors withdrew a net Rs 3,765 crore from Indian equities in November following October’s brief respite, influenced by global risk-off sentiment, instability in global technology stocks and a preference for primary over secondary markets.This November decline followed October’s net inflow of Rs 14,610 crore, which had interrupted three consecutive months of outflows — Rs…

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Lenskart Q2 profit: Net rises 20% in first post-IPO quarter; expansion plan targets 450+ new stores

Newly listed eyewear retailer Lenskart reported a strong first quarter as a public company, with operating revenue rising 21% year-on-year to Rs 2,096 crore for July–September. Improved operating leverage also pushed net profit up 20% to Rs 103 crore, while Ebitda climbed 44% to Rs 414 crore from Rs 287 crore a year earlier. India…

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REIT market poised for five-fold expansion: Rs 10.8 trillion growth opportunity in office, retail; top 7 cities to drive growth

India’s Real Estate Investment Trust (REIT) market is set for a significant upturn, with an estimated Rs 10.8 trillion growth opportunity emerging across office and retail segments over the next four years, according to a report by JLL, a real estate and investment management company.“The REIT sector [is] positioned for an additional Rs 10.8 trillion…

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Operation Sagar Bandhu: IAF choppers rescue civilians in flood-hit Sri Lanka; C-130 joins relief operations – Watch | India News

NEW DELHI: India has affirmed its solidarity with Sri Lanka during the crisis created amid Cyclone Ditwah as it continued efforts to save lives and deliver urgent relief. Under Operation Sagar Bandhu, Chetak helicopters deployed from INS Vikrant carried out search and rescue sorties across Sri Lanka during the weekend, assisting the affected.A video released…

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BlackRock Calls $2.3 Billion IBIT Outflows in November ‘Perfectly Normal’

BlackRock’s spot Bitcoin exchange-traded fund (ETF) closed November under pressure after experiencing heavy withdrawals, but the asset manager remains confident in its long-term outlook for the product. Speaking in São Paulo, BlackRock business development director Cristiano Castro said the company’s Bitcoin (BTC) ETFs had become one of its biggest revenue drivers, calling their growth “a…

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Parliament Winter Session: Opposition demands debate on Delhi blast, SIR; govt says ready to listen — what’s on agenda | India News

All-party meet (ANI image) NEW DELHI: An all-party meeting was held on Sunday ahead of the Winter Session of Parliament. The Opposition demanded detailed discussions during the session and raised concerns over the government’s handling of key national matters.The Opposition sought debates on national security in the wake of the recent Delhi blast, the “SIR”…

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SIR Phase 2 exercise: EC announces revised schedule for 12 states/UTs — check new dates | India News

NEW DELHI: The Election Commission of India on Sunday announced a revised schedule for the second phase of Special Intensive Revision (SIR) exercise of voter rolls for 12 states/UTs.The enumeration deadline has been extended to December 11, pushing it back from the earlier date of December 4. The final roll will now be published on…

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