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The Lok Sabha was adjourned for the day on Monday. The house met at 11am at the start of the winter session, and will commence the session on Wednesday, November 27.

Steel companies in India are likely to face margin pressure in the third quarter of FY25 as muted steel prices compress spreads, according to a report by Axis Securities.
The report stated that the weak demand in China and higher exports from the country have been identified as key factors behind the decline in steel prices, ANI reported.
 

"Is India shifting from a ‘we economy’ of collective priorities to a ‘me economy’ driven by individual aspirations?  Here’s how this change is reshaping businesses and brands." Alagh posted. 

FPIs recorded a net equity outflow of  Rs 26,533 crore in November, a sharp decrease from the record-breaking Rs 94,017 crore outflow in October. In contrast, FPIs invested  Rs 57,724 crore in September, marking the highest inflow in nine months

Anupam Mittal, founder, Shaadi.com took to LinkedIn to share a humorous post on hiring Chief-of-Staff for Shaadi.com. The announcement comes after Zomato 's founder Deepinder Goyal announced recently that he is hiring a chief-of-staff for his company, and the applicant will have to pay 20 lakhs for the job.

The Parliament session is set to start today, with various issues slated to be discussed, including the Waqf Act (Amendment) Bill. The session will conclude on December 20. There will be no sitting of Lok Sabha and Rajya Sabha on November 26, to commemorate ‘Constitution day’, as reported by ANI.
 

"You have to wonder what it will take for us to take air pollution more seriously. By the way, this data only covers until 2019, and things have only gotten worse in the last five years." Kamath wrote, with a visual in what seems to be a newspaper cut out.

Indian shares are expected to open higher on Monday, following a strong performance on Friday, their best session since early June. Analysts predict that the victory of the National Democratic Alliance (NDA) in Maharashtra’s elections will boost investor sentiment and provide a much-needed lift to the market.

Gift Nifty futures (GIFc1) were trading at 24,332 at 08:05 a.m. IST, indicating that the Nifty 50 will open above Friday’s close of 23,907.25.

NDA’s Victory in Maharashtra Expected to End Instability

The NDA's decisive win in Maharashtra, securing 233 out of 288 seats, is expected to reduce the long-standing political instability in one of India’s most industrialised and economically crucial states. Gautam Duggad, a research analyst at Motilal Oswal, stated that this victory would likely have a positive impact on investor confidence.

In contrast, the opposition alliance secured a win in Jharkhand, but the overall sentiment remains bullish with the NDA’s dominance in Maharashtra.