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A Constitution Amendment Bill for women's reservation in legislatures from 2029 and Lok Sabha seat increase was defeated. The BJP accused the Congress and opposition of betraying women. Opposition leaders stated the 2023 quota law should be implemented immediately
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Tamil Nadu Chief Minister M K Stalin expressed joy as the opposition successfully blocked the delimitation bill in Parliament. He credited the INDIA bloc MPs and women for this victory. Stalin highlighted the planned campaign and protests that built momentum
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Market Today: Sensex Jumps 450 Points, Nifty Closes Above 26,000 On Strong Buying

Market Today: Sensex Jumps 450 Points, Nifty Closes Above 26,000 On Strong Buying
Market Today: Continuing strong momentum for the second day, the domestic equity market on Friday saw strong sentiments amid global stability following the recent US Fed rate cut and easing crude oil prices. The BSE Sensex jumped 449.53 points to close at 85,267.66, while the NSE Nifty surged 148.40 points to above 26,000 at 26,046.95.
Among the 30 Sensex shares, 23 were trading in green. Among the top gainers were Tata Steel, Eternal, Ultratech Cement, Larsen & Toubro, and Maruti Suzuki India, rising by up to 3.34%. On the other hand, the laggards were HUL, Sun Pharma, ITC, Asian Paints, Power Grid, Kotak Mahindra Bank, and SBI, falling by up to 1.89%.
In the broader market, the BSE Midcap and the BSE Smallcap were trading higher by 1.14% and 0.65%, respectively.
“Global risk appetite improved after the US Fed rate cut, boosting liquidity optimism and lifting domestic equities despite the rupee hitting record lows and continued FII outflows. Auto, Metals, Consumer Durables, and Realty led gains, while FMCG and PSU Banks underperformed. Broader indices are showing buying interest, bouncing back post-recent consolidation," said Vinod Nair, head of research, Geojit Investments Ltd.
He added that India's November CPI, due today, is expected to stay within the RBI's comfort zone, reinforcing policy stability expectations. Near-term focus: rupee levels, FII flows, and trade talks, with global cues from BoJ (likely to hike), ECB, and BoE policy signals, he added.
Immediate support now lies around 25,750-25,800, and deeper support is positioned near 25,500. On the upside, resistance is expected around 26,000-26,050. Sustained trade above 26,050 may encourage further buying, potentially driving the index toward 26,300. Until then, intraday swings may remain contained, he added.
Global Markets
Asian stocks advanced in early trade on Friday following strength on Wall Street overnight, though a fresh decline in Oracle's share price sent jitters through the tech sector. Financial markets had to move fast to find their footing this week when the Federal Reserve cut interest rates but gave a less hawkish outlook than expected, and the return of AI bubble worries added to the stress for investors.
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MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7%, tracking mostly higher US markets on Thursday, the Dow and Russell 2000 indices hit new highs but the Nasdaq fell. Tokyo's Nikkei 225 outperformed the region in morning trade, climbing 1% as shares in Softbank Group surged 6% after Bloomberg News reported it is considering acquiring the US data centre company Switch Inc.
S&P 500 e-mini futures were unchanged and Nasdaq future were down 0.2% as markets were on edge after Oracle shares plunged 13%, sparking a tech selloff, as the company's massive spending and weak forecasts fanned doubts over how quickly the big bets on AI will pay off.
Source: News18
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