New investors often err by picking too many flashy, high-return funds. Experts advise starting with one diversified, stable fund like a flexi-cap or index fund. This approach, focusing on consistency over chasing trends, builds wealth and reduces stress over the long term, proving that simplicity often triumphs over complexity in investing.
The Indian rupee opened at 89.45 against the US dollar, trading in a narrow range as equity gains were countered by rising crude oil prices and foreign fund outflows. Analysts suggest the rupee could strengthen towards 88.90 if India-US trade relations improve, with strong support at 88.80-89.00.
Banks in Nagaland and Arunachal Pradesh were closed on Monday for State Inauguration Day and Indigenous Faith Day, respectively. These state-specific holidays mark significant cultural and historical events. Banks across other Indian states operated as usual, with further closures anticipated throughout December for various regional and religious observances.
Stock market recommendations: Nifty and Bank Nifty hit record highs, driven by leadership sectors, though broader market participation remains selective. SBI Securities recommends 360 ONE WAM and Mahindra & Mahindra, citing strong technical indicators and potential for further upside in both stocks.
Stock market recommendations: Motilal Oswal Financial Services has identified Reliance Industries and HCL Tech as top stock picks for the week of December 1, 2025. RIL’s strong performance in Retail and RJio, coupled with O2C earnings improvement, drives growth expectations. HCL Tech’s robust deal wins and early traction in AI solutions support its upgraded services…
Jefferies initiated coverage on Lenskart with a buy rating, citing strong growth potential and an efficient omni-channel model. Nomura maintained a buy on M&M following its new electric SUV launch. Kotak upgraded JSW Infrastructure to reduce, while UBS has a buy on GAIL despite a disappointing tariff hike.
India’s Q2 GDP surged to an eight-quarter high of 8.2%, driven by lower prices rather than increased volume. Despite this strong growth, economists believe rate cuts remain possible due to subdued inflation and a nuanced economic picture. The RBI faces a complex decision ahead of its December policy meeting.
Chola MS General Insurance anticipates a stronger second half of FY26 after a dip in H1 PAT, driven by expected improvements in motor insurance and a focus on expanding its rural distribution network. The company is also looking to re-establish its presence in crop insurance and enhance MSME coverage.
Parliament’s Winter Session kicks off with a robust economic agenda, featuring nine key bills. Reforms include a 100% FDI cap for insurance, new taxation for tobacco and pan masala, and a consolidated Securities Markets Code. The session also aims to decriminalize minor offenses and update corporate laws, promising significant legislative action.
Elon Musk discussed US trade policies and the H-1B visa system with Nikhil Kamath, expressing his opposition to aggressive tariffs and advocating for free trade. Musk also boldly predicted that advancements in AI and robotics will make working optional within 10-15 years, leading to a world of near-limitless abundance.
