“We have observed over the years that the exit poll has had little influence on market sentiments. At most, it will have an effect within the first half-hour or hour of the market opening,” said Sunil Damania, chief investment officer at MarketsMojo.

Through its affiliate Sequoia Capital India Investments IV, the venture capital firm sold 20,00,000 shares

In the Sensex pack, Reliance, Tech Mahindra, UltraTech Cement, Dr Reddys Lab, Axis Bank, Bharti Airtel and Bajaj Finserv were among the top losers

Incrementally from the current levels given that the portfolio yields are looking attractive, domestic investors by and large seem to be under allocated or seems like they are very much at the short end of the yield curve so therefore a case for adding allocations at the current juncture and Continue Reading

In the Nifty 500 pack, five stocks crossed their previous 5-year high value at the close on December 2, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look:

​I think OPEC plus will try and defend the floor may be not a $90 per barrel for Brent but perhaps at 80 so I think they will try and prevent a sustain downward spiral in oil prices.

Maruti Suzuki will increase the prices of its vehicles ‘substantially’ from next month as it looks to offset the impact of rising input costs and make provisions to update the model range to conform to stricter emission norms which kick in from April 2023.

The longer the horizontal base, the better. A long base will establish a more significant support level, and the ownership of the stock will transfer from weak hands to strong hands.

Morgan Stanley maintained an overweight rating on ICICI Bank with a target price of Rs 1250. The global investment bank sees further room to improve market share in higher-margin segments.

CMP: Rs 119.3550-day SMA: Rs 105.44200-day SMA: Rs 105.2