The Economic Times

Six Nifty 500 stocks gained over 2% and crossed above their respective 200-day moving averages on November 9, according to StockEdge data. A move above the 200-DMA is widely seen as a bullish technical signal, suggesting a potential shift towards an uptrend.

Seven Nifty500 stocks featured in StockEdges White Marubozu bullish scanner on November 9, indicating strong upward price momentum during the session. Banking stocks dominated the list, with gains ranging from 4% to 5.6%.

Five Nifty500 stocks closed more than 2% above their respective volume-weighted average prices on November 9, according to StockEdges technical scan, indicating positive price action during the session.

Five Nifty500 stocks that gained over 3% on November 9 featured in StockEdges RSI Trending Up scan, with their Relative Strength Index (RSI) crossing above 50 from below, signalling strengthening price momentum.

Myanmar imports 90 percent of its fuel oil, official figures show, making it particularly vulnerable to supply issues caused by the US-Israeli war on Iran.

Tyre maker MRF Ltd reported a 22.8% decline in net profit for the July-September quarter. Revenue from operations saw a growth of 17.4%, reaching Rs 8,660.19 crore compared to the previous year. However, total expenses also rose significantly, driven by sharp increases in raw material costs. The company announced an interim dividend of Rs 3 per share to its shareholders.

Social Security benefits are not tax-free for every retiree in 2026. Just over half of beneficiaries are expected to pay federal income tax on their benefits, according to the Congressional Budget Office. Eight states also tax Social Security payments, although income-based exemptions offer relief. Federal tax thresholds, retirement withdrawals and state rules will determine how much retirees actually keep.

The property was purchased by Williams from actress Davinia Taylor, who herself had bought it off Noel Gallagher in 1999. Comedian David Walliams sold Supernova Heights for 5.35million in 2018. According to reports, when bought it, the mansion was turned from a four-bed house to a three-bed. Some floors and ceilings were reportedly knocked out.

Four zodiac signs could find the rest of November easier than its opening days. The Scorpio New Moon and the end of two retrogrades set the backdrop for a shift in how they handle work and relationships. For some, the biggest relief may come from letting go of an obligation they never wanted in the first place.

LeVar Burton's new memoir, Take My Word for It, explores his childhood, his estranged relationship with his father and the lasting influence of his mother. Published by Random House on November 10, the book also revisits his journey from Roots to Reading Rainbow and his lifelong commitment to literacy.

Anthropic IPO: Amazon has invested at least $13 billion in Anthropic and in April agreed to invest up to an additional $20 billion. Google has committed up to $40 billion to Anthropic, including an initial $10 billion investment announced in April.

The Central Pollution Control Board clarified the differences in Air Quality Index readings from private applications and its platform. It emphasized that the variations stem from differing measurement methodologies rather than under-reporting. The CPCB noted that during extreme episodes, data gaps may appear due to calibration limits of monitoring instruments. Since 2015, improvements in monitoring technology have been ongoing to enhance air quality reporting.

GTA 6 will aim to run at 30 FPS on all consoles like PS5, PS5 Pro and Xbox Series X & S. Rockstar Games have confirmed that GTA 6 will run at 30 FPS due to high CPU demands in the open world simulation in Leonida. The PS5 Pro will also have some extra ray tracing features and PSSR upscaling.

A US delegation engaged with Indian Commerce Ministry officials to enhance bilateral trade and customs procedures. The discussions took place on November 2-3 and focused on trade facilitation frameworks. Ongoing negotiations are related to the proposed Bilateral Trade Agreement aimed at improving market access. Both nations are close to finalizing an interim trade agreement, with few issues left to resolve.

A proposed rule issued by the US Department of Agriculture would curb automatic eligibility for Supplemental Nutrition Assistance Program benefits, also known as food stamps, for households receiving cash aid under the Temporary Assistance for Needy Families Program.

India's Ministry of External Affairs has rejected a lawsuit against its officials filed by Sikh separatist Gurpatwant Singh Pannun. The US court allowed Pannun to pursue service of summons on Indian officials through local courts. Pannun's claims involve alleged assassination plots that remain unproven in civil proceedings. Indian officials firmly deny involvement in these allegations and emphasize legal document protocols.

Iran's Revolutionary Guards have reported that two oil tankers caught fire in the Strait of Hormuz. The vessels were allegedly traveling along unauthorized routes when the incidents occurred. This action follows significant restrictions imposed on maritime traffic in the region amid ongoing conflicts. Additionally, the US has implemented a naval blockade in response to these developments. Tensions remain high as these incidents threaten global oil transportation routes.

Violent incidents occurred across Bangladesh, resulting in one death and multiple vehicles set ablaze overnight. Police reported that activists of the banned Awami League and its affiliates initiated crude bomb explosions at various locations. Tensions have risen after news surfaced about Sheikh Hasina's possible return to Bangladesh next month from India. Hasina, living in exile since August 2024, faces serious legal charges upon her potential return.

Indian households are saving more than ever. The bigger question now is whether money kept accessible in a savings account can also earn meaningful value while it waits to be used.

With UPI resetting customer expectations, the real differentiator in digital banking is no longer having an app, but how seamlessly it brings payments, savings, investments and credit together in one place.

The Adani Group is poised to infuse over $120 billion into capital projects within the next five years, predominantly channeling funds into the energy sector, transport, and logistics. With about 70% allocated to energy, and 20% to transport and logistics, this substantial investment aims to double the group's asset base and generate core earnings ranging from 2.6 to 3 trillion rupees.

Bajaj Finance has allotted 5.74 crore warrants to its promoter, Bajaj Finserv, for Rs 5,799 crore. The special committee of the board approved the issue at an issue price of Rs 1,010 per warrant. Each warrant is convertible into an equivalent number of equity shares of the company. A minimum of 25 percent of the consideration is payable at allotment, while the remaining 75 percent will be payable later.

In November, foreign investors reversed a trend of selling by making substantial purchases of Indian equities. This shift followed a global sell-off triggered by AI developments affecting markets worldwide, including the US and Asia. The allure of strong domestic earnings growth alongside attractive valuations in large-cap stocks reignited investor interest in India, particularly in the financial services and technology sectors, with noteworthy activity also seen in the debt market.

Maharashtra Chief Minister Devendra Fadnavis stated that only Sharad Pawar and Sunetra Pawar could clarify any merger plans. He noted that neither had informed the BJP about a potential merger of the two NCP factions. Fadnavis compared Sunetra Pawars leadership to that of her late husband, Ajit Pawar, declaring it unfair. He expressed confidence in river-linking projects helping eliminate drought in Maharashtra over time.

Naveen Kumar's mother, V. Pandiselvi, has not heard from her son for over six months. Kumar and five other crew members disappeared while onboard Iran-linked cargo vessels in May. Families face emotional turmoil and financial stress amid the ongoing conflict affecting shipping routes. The Indian recruitment agency has failed to provide information about sailors repatriation or safety.

California's rejection of Proposition 40 marks a pivotal moment in the state's political landscape, as voters dismissed a billionaire tax intended to fund healthcare and education initiatives. With significant financial backing from figures like Sergey Brin, who contributed over $100 million against the measure, the campaign highlighted a stark divide between younger supporters and older opponents worried about economic instability.

A fascinating discovery at the British Museum includes a lump of soil, wood, and metal that holds a Celtic brooch from the eighth or ninth century. This ancient jewelry is linked to Viking burial traditions. Following their raids, Vikings astutely transformed sacred church artifacts into symbols of status, indicating a timeline of activity in Britain that may precede prior assumptions.