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Flair Writing made a stellar debut on the D-Street at a premium of 65% on Friday. That’s miles ahead of grey market predictions which was hoping for 30% listing gains from the stock. The stock listed at ₹503 as compared to its issue price of ₹304 per share. The company’s market cap stood at ₹5,301 crore according to Bombay Stock Exchange. The ₹593 crore issue was subscribed 46.6x with outsized interest from institutional investors. The QIB portion of the issue was subscribed 115.6 times the shares on offer.

In November, the Dow and S&P 500 jumped about 9%, while the Nasdaq surged 10.7%.

China International Capital Corp. also told employees to avoid wearing luxury brands or disclosing their pay to people outside the bank.

Democratic presidencies tend to strengthen the dollar against the yen, while the opposite occurs under Republicans, Bank of America said.

"My advice for serious homebuyers is to compare housing costs to recent highs instead of long-ago lows," Redfin's Chen Zhao said.

The housing market was tough this year, but economists say 2024 could see more homes for sale and easing conditions for buyers.

"We should also consider the idea of European defense bonds to strengthen our technological and industrial base."

"OPEC production policy and discipline are likely to be key factors supporting the price path in 2024."

PCE data showed prices slowed last month, while weekly jobless climbs climbed, boosting expectations for the Fed to pivot next year.

Tata Technologies, which had a bumper listing on Thursday, recorded the seventh-highest listing day gains, said Vaibhav Vidwani, Research Analyst at Bonanza Portfolio.

Two of three public issues that debuted on D-Street gave stellar listing gains to investors on Thursday. While Tata Technologies stock zoomed by 159% in early trade, Gandhar too exceeded grey market expectations with 55% listing gains. The stock of Fedbank Financial Services barely moved as it started trading on Thursday with 0.7% listing gains. The IPO of Flair Writing which also opened with earlier issues, will now list on December 1.

Tata Technologies stock zoomed as much as 159% on debut on Thursday — much higher than the 75% listing gains that the grey market has pegged. Its marketcap stands at ₹52,734 crore, according to Bombay Stock Exchange. The stock listed at ₹1,299 as compared to its issue price of ₹500 per share.

Equity benchmark indices climbed in early trade on Thursday but later gave up all the gains to quote lower on emergence of profit-taking amid the scheduled monthly derivatives expiry and muted trend in the US markets. The 30-share BSE Sensex climbed 118.2 points to 67,020.11 in early trade. The Nifty went up by 39.55 points to 20,136.15. Later, both the benchmark indices gave up all the early gains and were trading lower. The Sensex traded 214.84 points lower at 66,687.07 while the Nifty fell 55.80 points to 20,040.80.

Stocks are on track to finish November with their best monthly gain so far this year, thanks to rising optimism on the US economy.

A court ruled that the London Metal Exchange was within its rights to cancel trades during 2022's tumult, rejecting claims by big investors.

The rebound comes after the stock market suffered an almost two-year decline sparked by Fed rate hikes and persistent recession fears.

Like Warren Buffett, who is famously frugal, Charlie Munger was known for his relatively conservative spending habits. The two once disagreed about Berkshire Hathaway's purchase of a pricey jet.

Trading activity in GameStop's $20 call options has been driven by small block trades, suggesting that retail investors are fueling the buys.

An index tracking total returns on US bonds has risen 4.3% so far in November, as markets anticipate a shift in central bank policy.

Charlie Munger wrote a column about career happiness for CNBC Make It before his death.

The automaker also said it will increase its common stock dividend by 33%

Charlie Munger, the investing legend who grew to prominence as Warren Buffett's right-hand man, died at the age of 99.