Tuft & Needle Nod Mattress Review: A Bed for Budget ShoppersBreakout stocks to buy or sell: The Indian stock market continued to trade sideways throughout the week as the Nifty 50 index failed to break above the 200-DEMA hurdle, which was placed at 23,850. The 50-stock index closed 82 points north at 23,832 on Friday; the BSE Sensex finished 259 points up at 78,732, while the Bank Nifty index ended 162 points higher at 51,333 on the last trade session of the truncated week. Subdued movement continues in the Mid-cap and Small-cap indices, whereas the Nifty Mid-cap 100 Index fell by 0.26% while the Nifty Small-cap Index gained 0.15%. Declining shares outnumbered the advancing shares for the eighth day on the trot, where the advance-decline ratio stood at 0.96 on BSE. Amongst the sectoral indices, Nifty Pharma, Auto, and Healthcare gained the most, while Nifty Metal, PSU Banks, and OIL/GAS were significant losers. Sumeet Bagadia's breakout stock recommendations Sumeet Bagadia, Executive Director at Choice Broking, believes that the overall Indian stock market sentiment is range-bound as the Nifty 50 index has failed to break above the 200-DEMA hurdle, which was placed at 23,850. The Choice Broking expert said the 50-stock index has made immediate support at 23,500, whereas the crucial support for the frontline index is at 23,250. He noted that the current range of the Nifty 50 index is 23,200 to 23,850, and a bullish or bearish trend can be assumed on the breakage of either side of the range. Bagadia suggested investors look at those stocks that look strong on the technical chart. Speaking on the outlook for the Indian stock market today , Sumeet Bagadia said, "Overall, India's stock market bias is sideways to positive as the Nifty 50 index has failed to break above the 200-DEMA hurdle, which places at the the23,850 mark. The 50-stock index has immediate support placed at 23,500 and crucial support at 23,250. So, the frontline index of Dalal Street is trading in a broader range of 23,250 to 23,850 range. A bullish or bearish trend can be assumed on the breakage of either side of this range. So, one should look at stocks that look strong on the technical chart. Looking at breakout stocks for intraday trading can be a good option." Regarding breakout stocks to buy today , Sumeet Bagadia recommended buying these five shares: DCX Systems, Manaksia Coated Metals, Camlin Fine Sciences, Sikko Industries, and Le Travenues Technology (IXIGO). Stocks to buy today 1] DCX Systems: Buy at ₹ 355.60, target ₹ 380, stop loss ₹ 343; 2] Manaksia Coated Metals: Buy at ₹ 112, target ₹ 120, stop loss ₹ 108; 3] Camlin Fine Sciences: Buy at ₹ 132.25, target ₹ 142, stop loss ₹ 127; 4] Sikko Industries: Buy at ₹ 107.84, target ₹ 115, stop loss ₹ 104; and 5] IXIGO: Buy at ₹ 177.85, target ₹ 190, stop loss ₹ 171. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets opened mixed on Thursday after Wall Street rally stalled overnight even as inflation data came in line with expectations. Philadelphia news 24/7: Watch NBC10 free wherever you are The U.S. personal consumption expenditure price index, or PCE, rose 2.3% on an annualized basis , accelerating from 2.1% in September. The so-called core inflation, which excludes food and energy prices, climbed 2.8% in the 12 months through October, up from 2.7% in the previous month. Both matched the expectations from economists polled by Reuters, according to LSEG data. The Bank of Korea is expected to hold its benchmark rate unchanged at 3.25% when its monetary policy committee meets later in the day, according to a Reuters poll of economists. The central bank will also announce updated economic growth and inflation forecasts. South Korea's blue-chip Kospi index fell modestly by 0.16% while the small-cap Kosdaq advanced 0.63%. Japan's Nikkei 225 dropped 0.50% while the broad-based Topix was flat. Australia's S&P/ASX 200 started the day up 0.54%. Hong Kong's Hang Seng index futures were at 19,618, higher than the HSI's last close of 19,603.13. Overnight in the U.S., declines in big technology names pulled markets lower in a thin trading session. Chipmaking powerhouse Nvidia lost more than 1%, while Meta Platforms slid 0.8%. Dell and HP dropped more than 12% and 11%, respectively, following weak earnings forecasts. The S&P 500 declined 0.38% to 5,998.74, snapping a seven-day winning streak. The Nasdaq Composite lost 0.6% to end at 19,060.48. The Dow Jones Industrial Average lost 138.25 points, or 0.31%, to finish at 44,722.06, reversing course gaining more than 140 points. The U.S. market will be closed on Thursday for the Thanksgiving holiday. — CNBC's Alex Harring and Sean Conlon contributed to this report. Inflation data is a 'nice Black Friday gift for the Fed,' investment strategist says Wednesday's inflation data that came in line with expectations is a welcome preholiday update for the Federal Reserve, according to Scott Helfstein, Global X's head of investment strategy. "This is a nice Black Friday gift for the Fed," he said. "They can eat turkey and watch football for a day knowing that they are close to full employment with price stability." Helfstein said the numbers are "very close" to the Fed's target goal. Additionally, he said the reading is unlikely to change the path of interest rates, or the probability of a 25 basis-point cut at the central bank's December policy meeting. — Alex Harring Number of S&P 500 stocks above 200-day average for past year shows 'solid' market The percentage of all stocks in the S&P 500 above their 200-day moving averages is currently 77%, and has remained above at least 60% for the past year. This proves that the underpinnings of the market are "still solid," according to Chris Verrone, head of the technical and macro research at Strategas. The strong moving averages , which smooth out short-term fluctuations to show the underlying trend in a stock price, "speaks to the persistence of decent internals," Verrone wrote to clients on Wednesday. "It's not historically uncommon for the early part of December to be a shoulder period for stocks, but the market is still smack in the middle of its best 3-month run of the calendar," he said, referring to the period from Oct. 31 until Jan. 31. — Scott Schnipper S&P 500 on pace to snap 7-day win streak With just about an hour left in Wednesday's session, the S&P 500 was poised to end a rally that has lasted over the past seven trading days. The broad index ticked down about 0.3% in afternoon trading. If that holds, it will mark its first negative and worst trading day since Nov. 15. In that session, the S&P 500 tumbled more than 1.3%. Elsewhere, the Nasdaq Composite was on track to finish Wednesday around 0.6% lower, while the Dow was down 0.2%. — Alex Harring CNBC Pro: 5 tech stocks in supply chain management could benefit from Trump's tariffs, Redburn Atlantic says President-elect Donald Trump's proposed steep tariffs on imports could create winners in the stock market — particularly among companies that help businesses manage their supply chains, according to Redburn Atlantic. These tech stocks have outperformed during "periods of supply chain uncertainty," the Redburn analyst said citing 2018-2019 trade tensions between the U.S. and China. CNBC Pro subscribers can read more here. — Ganesh Rao CNBC Pro: U.S. stocks too expensive? Morningstar's top exec reveals where he's investing instead Attractive returns and a breadth of opportunities are among the reasons the U.S. market historically reigned supreme among investors. However, one market watcher considers U.S. stocks expensive and is now seeking opportunities in other markets that are cheaper. "We believe markets outside the U.S. are more attractive than the U.S. largely from a valuation perspective," Kunal Kapoor, chief executive officer at Morningstar said, revealing markets with "attractive pockets" of opportunity. CNBC Pro subscribers can read more here. — Amala BalakrishnerClare Wright Is Shutting Up and Listening
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Bethlehem marks a second subdued Christmas Eve during the war in Gaza BETHLEHEM, West Bank (AP) — Bethlehem is marking another somber Christmas Eve under the shadow of war in Gaza. Manger Square lacked its usual festive lights and crowds of tourists on Tuesday. Instead, the area outside the Nativity Church was quiet. The church was built atop the spot where Jesus is believed to have been born. The war, the violence in the occupied West Bank it has spurred and the lack of festivities has deeply hurt Bethlehem's economy. The town relies heavily on Christmas tourism. The economy in the West Bank was already reeling because of restrictions placed on laborers preventing them from entering Israel during the war. Pope Francis kicks off a yearlong Jubilee that will test his stamina and Rome's patience VATICAN CITY (AP) — Pope Francis has opened the great Holy Door of St. Peter's Basilica. The ceremony kicks off the 2025 Holy Year. It's a celebration of the Catholic Church that is expected to draw some 32 million pilgrims to Rome. And it will test the pope’s stamina and the ability of the Eternal City to welcome them. This begins the Christmas Eve Mass. The ceremony inaugurates the once-every-25-year tradition of a Jubilee. Francis has dedicated the 2025 Jubilee to the theme of hope. Trump vows to pursue executions after Biden commutes most of federal death row FORT LAUDERDALE, Fla. (AP) — President-elect Donald Trump says he'll “vigorously pursue” capital punishment after President Joe Biden commuted the sentences of most people on federal death row partly to stop Trump from pushing forward their executions. Trump criticized Biden’s decision on Monday to change the sentences of 37 of the 40 condemned people to life in prison without parole. Trump said that he will direct the Department of Justice to pursue the death penalty “as soon as I am inaugurated.” Trump was vague on what specific actions he may take. 21 dead as Mozambique erupts in violence after election court ruling MAPUTO, Mozambique (AP) — Violence that engulfed Mozambique after the country’s highest court confirmed ruling party presidential candidate Daniel Chapo as the winner of disputed Oct. 9 elections has killed at least 21 people, including two police officers. Mozambique Interior Minister Pascoal Ronda told a news conference in Maputo late Tuesday that a wave of violence and looting was sparked by the court’s announcement a day earlier. He said it was led by mostly youthful supporters of losing candidate Venancio Mondlane, who received 24% of the vote, second to Chapo, who got 65%. Prosecutors find workers in 'slavery like' conditions at Chinese car company site in Brazil RIO DE JANEIRO, Brazil (AP) — A task force led by Brazilian prosecutors says it has rescued 163 Chinese nationals working in “slavery-like” conditions at a construction site in northeastern Brazil, where Chinese electric vehicle company BYD is building a factory. The Labor Prosecutor’s Office released videos of the dorms where the construction workers were staying, which showed beds with no mattresses and rooms without any place for the workers to store their personal belongings. In a statement issued Monday, the prosecutor’s office said the workers had been hired in China by Jinjian Group, one of the contractors on the site, which is located in Camaçari, a city in the Salvador metropolitan region. NFL players who use platform to share their faith say it's their duty to spread their love of Jesus ALLEN PARK, Mich. (AP) — Jake Bates was standing on the turf in his hometown of Houston when asked to reflect on an unlikely journey from learning how to sell bricks to making game-winning kicks for the Detroit Lions. Bates used his platform as an NFL player to spread his love of Jesus. A month later, Bates told The Associated Press it is a duty to share his faith. The NFL is filled with players and coaches who feel the same way, such as Houston's C.J. Stroud, Atlanta's Kirk Cousins, and Lamar Jackson and John Harbaugh of the Baltimore Ravens. Stunning photos show lava erupting from Hawaii's Kilauea volcano HONOLULU (AP) — Lava is erupting from Hawaii’s Kilauea volcano for the second straight day. The eruption has stayed within Kilauea’s summit caldera inside Hawaii Volcanoes National Park and no homes are threatened. Molten rock began spewing out of the volcano before dawn on Monday when fissures opened in the caldera floor and shot lava high into the air. It then oozed across the caldera floor. Scientists expect activity to fluctuate in coming days. The lava paused Monday afternoon but fountains reemerged Tuesday morning. The eruption has occurred in an area that’s been closed to the public since 2007 due to hazards including crater wall instability and rockfalls. Haiti gang attack on journalists covering a hospital reopening leaves 2 dead, several wounded PORT-AU-PRINCE, Haiti (AP) — Haiti’s online media association confirms that two reporters were killed and others wounded in a gang attack on the re-opening of Port-au-Prince’s biggest public hospital. Street gangs have taken over an estimated 85% of Haiti’s capital, Port-au-Prince, and they forced the closure of the General Hospital early this year. Authorities had pledged to reopen the facility Tuesday but as journalists gathered to cover the event, suspected gang members opened fire in a vicious Christmas eve attack. The killed journalists were identified as Markenzy Nathoux and Jimmy Jean. An unspecified number of reporters had also been wounded in the attack, which was blamed on the Viv Ansanm gang. Hurricane-force winds bear down on California, latest in stretch of extreme weather LOS ANGELES (AP) — California has been hit hard by extreme weather over the past several weeks. Atmospheric rivers, which are long stretches of wet air that can produce heavy rains, brought a record-setting rainfall before Thanksgiving. A series of atmospheric rivers are producing strong waves and storms near Santa Cruz this week. Thousands were left under evacuation warnings and orders because of a fire around Malibu. Climate change means that strong storms will be responsible for a greater share of the state's yearly precipitation and the periods between those events will be drier. Heavy travel day starts with brief grounding of all American Airlines flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about an hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. American said in an email that the problem was caused by vendor technology in its flight operating system. Aviation analytics company Cirium said flights were delayed across American’s major hubs, with only 37% leaving on time. Nineteen flights were cancelled.Search helicopter above river amid reports of missing man
Bell shot 11 of 16 from the field and 5 of 5 from the free-throw line for the Shockers (10-3). Quincy Ballard added 17 points, 16 rebounds and three blocks. Corey Washington totaled 16 points, seven rebounds and three steals. Collin Maclin finished with 18 points for the Falcons. Cahlese Lee added 11 points and two steals. Randy Woolf Jr. recorded 10 points, five assists and two steals. Wichita State took the lead with 8:30 left in the first half and never looked back. Bell led his team in scoring with 21 points in the first half to help put them up 45-36 at the break. Wichita State pulled away with a 12-1 run in the second half to extend a nine-point lead to 20. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
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