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industry is driving into the new year aware of a lurking moderation in sales growth but ready to embrace green technologies, led by electric vehicles. Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. Veteran industry leader and Maruti Suzuki India Chairman RC Bhargava said the sales are expected to moderate a bit next year compared to 2023.

BSE Sensex reached a historic high of 71,913 points last week, concluding at 71,106, with a decline of 376.79 points, or 0.53%. Also Read: 27 Nifty 50 stocks recorded new all-time highs this year; will the rally continue in 2024? In the sectoral domain, Nifty FMCG, Nifty Oil & Gas, and Nifty Pharma saw gains of over 1%. Conversely, Nifty PSU Bank, Nifty Media, Nifty Auto, Nifty Metal, and Nifty Bank dropped between 1% and 3.08%.

Narendra Modi on Sunday inaugurated the Surat Diamond Bourse, which will have facilities like international banking, safe vaults, jewellery mall and create about 150,000 new jobs, during his visit to Gujarat. He also inaugurated the new terminal building of Surat Airport, which can handle 1,200 domestic passengers and 600 international passengers. A total of 146 MPs -- 100 from Lok Sabha and 46 from Rajya Sabha -- were suspended for creating a ruckus and disrupting proceedings in both Houses, while they were demanding a statement from Union Minister Amit Shah about the Parliament security breach incident.

PTI, visuals from the airport depict the challenging weather conditions affecting the schedule. “Due to bad weather and poor visibility in Kolkata (CCU), all departures/arrivals and their consequential flights may get affected," SpiceJet wrote on X.

₹49 trillion in November, led by impressive growth in equity funds amid bullish market sentiment and strong inflows. Equity assets (including index funds) in November were up 32.3% from a year earlier. Since January, equity-oriented schemes have seen net inflows of ₹1.4 trillion, a tad lower than ₹1.5 trillion in the same period a year ago.

Bitcoin stormed back with a more than 160% advance this year that added some $530 billion to its market capitalization. In its wake, myriad smaller tokens ranging from Sam Bankman-Fried-backed Solana to dog- and frog-themed memecoins took off as investors embraced risk again. An investor who bought $100,000 of Solana at the start of 2023 would now be sitting on a more than $800,000 gain. Underpinning much of the bonanza is optimism that US regulators will soon give their first blessing for an exchange-traded fund that invests directly in Bitcoin. Investors will find out by Jan. 10 if that bet, which crypto bulls consider a near-certain winner, pans out. Read more: Countdown for Bitcoin ETF Decision Is Reaching a Critical Point

2023, year-to-date, yellow metal's gains are not its best in the last 10 years. The top returns were delivered by it amid the Covid virus break in 2020 at 28.23%, highlighting why it is the best hedge in uncertain times. Commenting on yellow metal's performance, Palka Arora Chopra, Director, Master Capital Services said that gold failed to beat other asset classes this year, despite outperforming initially and hitting lifetime highs.

RERA across 27 states and eight Union Territories have resolved up to 1,16,300 cases of homebuyers' disputes till November 28, 2023, according to ANAROCK Research report based on data from the Ministry of Housing & Urban Affairs (MoHUA). Out of this, 38% of cases, or approximately 44,602 complaints were resolved in Uttar Pradesh alone, ANAROCK said. Haryana came a distant second with 18% of cases or approximately 20,539 cases resolved in the state. Thirteen per cent of cases or around 15,423 cases were resolved in Maharashtra. The three states cumulatively accounted for nearly 69% of the total disposed cases under RERA in the country. «Resolving homebuyer concerns is one of the main functions of the Real Estate (Regulation and Development) Act, which it has been demonstrably fulfilling,» says Anuj Puri, Chairman — ANAROCK Group. “Uttar Pradesh has resolved the highest number of cases. Considering how severely Noida and Greater Noida in UP had been impacted by unscrupulous players, this is noteworthy.” RERA: State-wise list of total cases disposed

Stock market this week: Indian frontline indices S&P BSE Sensex and Nifty50 ended with half a percentage points cuts on weekly basis amid profit booking at higher levels. When markets resume trading on Tuesday in the holiday shortened week, a host of important domestic and global events lined-up during this week are likely to impact them. Major global markets will remain shut for trading on December 25, Monday on account of Christmas holiday. «Nifty gained for the second consecutive day after witnessing a sharp fall on Wednesday. The index closed with gains of 94 points at 21,349 levels. Majority of the sectors ended in green with buying seen in IT, realty, metals and pharma. The underlying tone of the market remains positive. However, as we enter into holiday mood starting this weekend, we expect the market to remain range bound with stock specific action next week,» Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Factors that are likely to impact movement when markets reopen this week: US Markets

Thomas Schneeweis says focusing on past performance is the first and biggest mistake investors make when it comes to asset allocation. According to Schneeweis, investors should be rather focused on risk instead of returns. “Much of the past, though interesting, may have very little relevance to what we do today,” he said.” Who is Thomas Schneeweis? Thomas Schneeweis is the Founding Editor of The Journal of Alternative Investments and is co-founder of the Chartered Alternative Investment Analyst Association. He has more than 40 years’ experience in investment management. He is Partner and Head of Research at Yes Wealth Management which provides financial advisory as well as risk based asset allocation and Quantitative Investment Technologies. He has co-authored several books in the area of asset management including The New Science of Asset Allocation: Risk Management in a Multi-Asset World and PostModern Investment: Facts and Fallacies of Growing Wealth in a Multi-Asset World. Investing in hedge funds Schneeweis offered several investment tips on what to look at when investors are looking to invest in hedge funds.

MEXICO CITY (Reuters) — Mexican President Andres Manuel Lopez Obrador said on Friday his government will reinforce measures to contain migration as he seeks to help the United States cope with record numbers of people trying to reach the U.S. border.

Dolly Parton has vehemently refuted rumors suggesting she was involved in multiple affairs with her famous male co-stars over the course of her extensive career. The 77-year-old country music icon set the record straight in a recent interview with the online publication Saga Exceptional, addressing misconceptions surrounding her personal life. In response to inquiries about the wildest rumors she's heard about herself in the media, Parton clarified her stance on the unfounded allegations. Since 1966, Dolly Parton has been happily married to her long-time love, Carl Dean, who is notoriously private and rarely seen in public. Parton candidly discussed her and her husband's deliberate choice not to have children, a decision she expresses no regret about.

Kansas City Chiefs, acknowledges Taylor Swift's newfound connection with the team, dubbing her a member of the «Chiefs Kingdom». The reigning NFL MVP shared his thoughts on Swift's newfound connection with the team, attributing it to her relationship with Chiefs tight end Travis Kelce. Despite the team initially keeping their romance low-key, Mahomes expressed nothing but positivity about Swift's association with the Chiefs. He mentioned that the team refrained from publicizing it until the couple made their relationship official. Kelce and the Chiefs have found a winning rhythm with Swift in attendance, boasting a 5-2 record when she graces the game. Looking ahead, the Chiefs are gearing up for their upcoming clash in Week 16, where they will play host to the Las Vegas Raiders on the festive occasion of Christmas Day.

South Africa. Since 1992, India have played 23 Tests in South Africa and won only four. They’ve lost 12, with seven draws and what will really hurt was their last visit.

Indian Premier League (IPL)? In the IPL auction earlier this week, for example, Australian fast bowlers Mitchell Starc (Rs 24.75 crores) and Pat Cummins (Rs 20.50 crores) together attracted bids totaling Rs 45.25 crores – nearly half the total budget of a team. Even a relative rookie, Spencer Johnson, received Rs 10 crores. Meanwhile, South African pacer Gerald Coetzee got Rs 5 crores, and the World Cup’s third-highest wicket-taker, Dilshan Madhushanka of Sri Lanka, received only Rs 4 crores.

BSE Sensex snapped its longest weekly winning streak in six years, over profit booking at record high levels earlier in the week. On the stock-specific front, HFCL, Kiri Industries, Hindustan Copper, SVP Global, Arvind, Cyient, SpiceJet, Heritage Food, Thermax, Coffee Day Enterprises, INOX Borax, Sangam India, V-Mart Retail, MSTC, IIFL Securities, HCL Infosys, and others are among the smallcaps that logged a double-digit rise in their share prices last week.

Investing.com — Here is your Pro Recap of the biggest dividend hikes, special dividends, and share-buyback announcements you may have missed this week.

ALSO READ: Indian Army averts major 3-cylinder IED attack on Srinagar-Kupwara Highway "Suspected move of four terrorists seen through own surveillance devices on the night of 22/23 Dec 23. Effective fire brought down. Terrorists are seen dragging one body back across the IB," the White Knight Corps said.

Pakistani rupee hit an all-time low, crossing the PKR 300 mark against the US dollar in August 2023. The country's foreign reserves with the State Bank of Pakistan (SPB) also dropped to an alarming level — at $3.1 billion in January 2023. The cash-strapped country struggled to unlock funding from the International Monetary Fund (IMF).

Dividend Stocks: Shares of some companies, including Vedanta Limited and few others will trade ex-dividend in the coming week, starting from Monday, December 25. Some other companies will also trade ex-ex-bonus, while some have announced a buy back of shares next week. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.

Shah Rukh Khan's latest cinematic venture, 'Dunki,' directed by Rajkumar Hirani, hit the silver screens on December 21, adding another feather to SRK's cap after the successes of 'Pathaan' and 'Jawan' earlier this year. The film, a collaborative effort by JIO Studios, Red Chillies Entertainment, and Rajkumar Hirani Films, features a stellar ensemble cast including Vicky Kaushal, Taapsee Pannu, Boman Irani, Vikram Kochhar, and Anil Grover.