With rapid urbanization and holistic governmental efforts to develop the rural economy paying off, India continues to maintain its position as a top investment destination that seems unperturbed by the current recessionary climate engulfing developed economies.

Shares of L&T Technology Services surged 8%, Mphasis and Persistent rose over 5%, while TCS, Tech Mahindra, Coforge, and LTI advanced over 2%.

In an exchange filing, the company said that its board of directors are scheduled to meet on Friday, December 16, to consider and approve the proposal to sub-divide or split the equity shares.Following the update, shares of the smallcap player jumped 5% to Rs 29.50 on Thursday. The stock settled at Rs 28.10 on Wednesday.

Today, the times have changed with the advent of technology, and investors from each segment are now easily able to access market technicalities, charts, data points, research reports, DRHPs, and many more with a smartphone, internet access, and an account with the broker.

ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.

While NIFTY continues its upward journey and forms a new high, the market is getting stock specific in all segments, be it large, small or midcaps. The primary reason being that if a correction happens, then it is a select set of stocks which would be able to hold their head above water. These stocks from different sectors are identified on the basis of data from the latest Stock Reports Plus report and only stocks with - at least 10 analysts providing a price target and a minimum score of 7 - are included. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Closing Bell: Sensex surges for 8th straight day to close at record high; Nifty tops 18,800; Dalmia Bharat, Piramal Enterprises up 4% each

Sales of Bajaj Auto stood at 3.06 lakh units in November 2022 against 3.79 lakh units in November 2021

The 30-share pack Sensex advanced 184 points to end at 63,284, while its broader peer Nifty50 ended above the 18,800 mark after touching a new peak of 18,888 in intra-day trade.

During the LIVE discussion, Hassan will explain how some finfluencers generate fake MTM screenshots to impress gullible younger traders on social media. The expert will explain to the audience how one can identify such fake profit claims made by some traders on social media channels.

Tata Play, formerly known as Tata Sky, has become the first Indian company to file a confidential pre-filing of offer document for its initial public offer (IPO) with market regulator Sebi. The Tata group firm filed documents with Sebi, BSE and National Stock Exchange (NSE) on November 29. The firm advertised the same in a leading daily newspaper.

"The investors are evaluating the conditions," Mumbai-based Yes Bank said, adding that the bank and the investors will engage with the Reserve Bank of India to seek an early resolution of the conditions and get final approval.

"We forecast 10% potential upside in MSCI-China from now to end-2023," JPMorgan's analysts said in note, adding that their target for the yuan-denominated CSI-300 stocks index was a 9% rise to 4,200 points.

Despite marginal gains, benchmark indices set an all-time high record, rising for the 8th straight session on Thursday. The Nifty 50 hit an intraday record high of 18,888 points and Sensex a high of 63,583 points.The Nifty Bank, too, tested a lifetime high of 43,515 points.The following stocks were in news today:

With a market cap of Rs 17.25 lakh crore, Mukesh Ambani-led Reliance Industries is India's most valued company, followed by TCS, HDFC Bank, Infosys and ICICI Bank.

The Kirit Parekh Committee has recommended a floor price of $4 per million British thermal units (mmbtu) and a ceiling of $6.5 per mmbtu for domestic gas with an annual increase of up to $0.50 per mmbtu