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Sales of NFTs on the Bitcoin (BTC) network reached a new milestone in December 2023, surpassing $881 million for the first time ever. 

Also Read: Zomato rings in record New Year's Eve, delivering almost as much as combined orders of NYE 15, 16, 17, 18, 19, 20 “QSR companies have not witnessed any material recovery in 3QFY24 compared to 2QFY24. There were expectations of strong sequential recovery in 3Q due to the weak base on account of a longer Shravan month (veg eating month), delayed festivals, and inflation impacting discretionary spending," the brokerage said.

Institutional investments in the Indian real estate sector maintained a steady momentum at $5.4 billion, rising 10% y-o-y during 2023, with the office segment to be the highest contributor. The year witnessed the highest levels of investment inflows since 2020 showcasing India's resilience despite uncertainties in global markets otherwise. Office sector continued 56% share in total inflows in 2023, attracting both global as well as domestic capital, led by select large deals.

A surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact of widening conflict in the Middle East that has crimped key shipping lanes. When Iranian-backed Houthi militants began launching missiles and drones at ships crossing the Red Sea near Yemen in October, many feared disruption to the vital shipping lane would drive up energy prices. But oil and gas prices this past month have sunk about 5% and 23%, respectively.

M&M’s total domestic Passenger Vehicles (PV) sales in December 2023 rose 24% to 35,174 units from 28,445 units in December 2022. Also Read: Bajaj Auto December sales grow 16% YoY to 3.26 lakh units; two-wheeler sales up 15% In the Utility Vehicles segment, M&M sold 35,171 vehicles in the domestic market, a growth of 24% and overall, 36,349 vehicles, including exports. The domestic sales for Commercial Vehicles (CV) stood at 17,888.

Stock market today: Anil Ambani-backed Reliance Power shares have been in uptrend after ushering in current financial year 2023-24. Reliance Power shares bottomed out at ₹9.15 apiece levels at the end of March 2023. Since then it has been moving upside continuously.

China hawks have the upper hand in the political battle over electric vehicles. They should be wary of overplaying it. The rules for getting a tax credit on EV purchases in the U.S.

Zomato celebrated a triumphant New Year's Eve, recording a staggering surge in orders that dwarfs past years. CEO Deepinder Goyal took to social media to share the incredible feat, stating, "Fun fact: We've delivered almost as many orders on NYE 23 as we did on NYE 15, 16, 17, 18, 19, 20 combined Excited about the future!" This translates to a phenomenal accomplishment. Zomato's New Year's Eve deliveries nearly matched the combined total of six previous New Year's Eves, highlighting a remarkable growth trajectory.

Stock market today: Yes Bank shares witnessed buying interest in early morning deals on first trade session of the new year 2024. In morning deals, Yes Bank share price opened upside and went on to touch intraday high of ₹22.10 apiece levels on NSE, which is just 4 per cent away from 52-week high of ₹23.05 per share.

Also Read: Hero Moto, TVS, Eicher, Maruti, M&M may see strong December wholesale numbers. CV sales number may be soft In the two-wheeler segment, Bajaj Auto’s total wholesales were 2,83,001 units, up 15% from 2,47,052 units. The company sold 1,58,370 units of two-wheeler in the domestic market, a growth of 26% from 1,25,553 units, YoY.

Day trading guide for today: Key benchmark indices of the Indian stock market gave up its five days winning streak and ended the last trade session of 2023 on a flattish note amid profit booking in select heavyweights. Nifty 50 index remained in negative territory throughout the session and closed with minor loss of 22 points at 21,731 levels. BSE Sensex finished 0.23 per cent lowe at 72,240 levels whereas Nifty Bank index lost 0.45 per cent and ended at 48,292 levels.

Bonus shares 2024: Shares of Integra Essentia Ltd are one of the LIC-backed penny stocks listed on Dalal Street. The board of directors of this penny stock has fixed 11th January 2024 as record date for issuance of bonus shres.

Asian markets are closed today. The US and most European markets will also remain closed today. Catch Live Market Updates here The domestic benchmark indices ended on Friday, the last trading day of 2023, on a negative note, snapping their five-day winning streak, on profit-booking in select heavyweights.

Read here)Indian government bond yields are expected to start 2024 with an uptick as a higher-than-expected borrowing schedule from states could weigh on sentiment.The 10-year benchmark bond yield is expected to move in the 7.15%-7.21% range on Monday after closing at 7.1754% in the last session of 2023, a trader with a private bank said.The benchmark yield ended lower for the second consecutive month in December and closed the year with a drop of 15 basis points (bps).NIFTY-50 has closed in a doji candle near all time high and we expect some minor pullback to test 21300-21,400 levels over the next few days.On the higher side 22,000 will be a resistance being the round number and the weekly pivot resistance from current levels.RSI is trending below the average line and pullback below to the lower range could be expected and other key technical indicators are overbought from current levels.Highest call OI has moved to 22,000 strike while on the downside the highest put OI has moved higher to 21,700 for the weekly expiry.A number of large and mid-sized banks raised term deposit rates in December, luring customers to park surplus money with them as the system liquidity deficit widened following tax outflows and tepid government spending.Some banks raised rates for deposits up to ₹2 crore; others raised rates for bigger deposits. Top lenders State Bank of India (SBI ) and Bank of Baroda (BoB) increased rates on fixed deposits by 25-50 basis points (bps) and 10-125 bps, respectively, for different tenors on 27 and 29 December.

India recorded a trade deficit with nine of its top ten trade partners in the first seven months of 2023-24, with the US being the only country with which exports exceeded imports. India's trade surplus with the US — its largest trading partner — was $19.59 billion in the April-October period, show data from the commerce and industry ministry. However, with China, the second largest partner, the deficit was a whopping $51.11 billion, followed by a $33.56 billion gap with Russia, the fourth largest trade partner of India.

Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita, and Bharatiya Sakshya Adhiniyam, 2023. They replaced the Indian Penal Code, 1860, Criminal Procedure Code, 1898, and Indian Evidence Act, 1872, respectively.

probe into the blast near the Israel Embassy widens, investigators have started looking for clues from two similar incidents in the past: An IED blast in the same locality in 2021 and an attack on an Israeli diplomat in 2012. The National Investigation Agency probing the 2021 blast case has been unable to make any breakthrough so far. In February 2012, when a diplomat was targeted in Chanakyapuri, similar attempts were made on an Israel embassy staff member in Tbilisi, the capital of Georgia, and another in Bangkok.

The growth rate of international traffic at Indian airports has surpassed that of domestic air traffic, as Indians increasingly opt for foreign trips on the back of improved connectivity and relaxed visa norms. A low base effect and more flights available for international travel have also contributed to this trend. As per data from the Airports Authority of India, international passenger traffic handled at Indian airports this fiscal year (April to November) jumped 25.3% year-on-year (y-o-y).

₹66,135 crore in December stand at a record high for any month, as per National Securities Depository Ltd (NSDL), while exchange data shows DIIs bought net ₹12,942 crore worth of shares during the month. The same data for BSE and NSE shows clients sold shares worth ₹14,633 crore in December. On an annual basis, too, while FPIs purchased a record ₹1.71 trillion worth of shares in calendar year 2023 and DIIs bought ₹1.85 trillion, clients sold ₹72,921 crore worth of shares in the secondary market.

According to people speaking off the record to the New York Post, Morgan Stanley bankers’ biggest wish for the New Year isn’t for a bull market, a revival of SPACs or even a tiny bit of good news about their Elon Musk loan exposure.  They are hoping that when Ted Pick takes over as CEO, he will end the reign of terror over WhatsApp messages.

Shimla had recorded more than 80 per cent occupancy on New Year. The hotel and allied industries were pinning hopes on 'white New Year' but chances of snowfall appear very bleak.