Record News

By Saqib Iqbal Ahmed

Taylor Swift has surpassed her fellow musicians in 2023 in a number of areas. She also achieved a significant milestone earlier this week when she was voted Spotify's top-streamed artist of 2023. Swift has surpassed artists including three-time champion Bad Bunny, The Weeknd, Drake, and Peso Pluma with 26.1 billion global listens on Spotify since January 1, according to the company's annual year-end Wrapped report, which was released on Wednesday, Nov.

Snowden Lane Partners has recruited a former Citigroup veteran as a partner and managing director in its office in Coral Gables, Florida.

Stocks and bonds retreated as traders pause after November’s blockbluster rally and debate the case for interest rate cuts. Bitcoin surged past $41,000, while gold briefly touched an all time high.

US stocks are headed for a rocky end to the year after rallying in November as bond yields fluctuate, according to Morgan Stanley’s Michael Wilson.

BookMyShow reported a financial recovery in FY23, rebounding from the impact of pandemic-induced lockdowns and challenges to its operations in FY21. Its operating revenue surged 3.5 times to Rs 976 crore for the fiscal year ended March 2023, from Rs 277 crore in FY22, according to documents sourced from company data and intelligence platform Tofler.

By Valerie Volcovici

The S&P 500 (SPX) recorded its fifth consecutive candle last week (+0.8%), matching the May-June streak. The index is now testing the 2023 highs around 4600. A break above this level would pave the way towards the record highs around 4800 while a failure would increase the risk of a double top pattern.

Money market fund managers see no end in sight to the record inflows they have garnered in 2023, as cash continues to pour in from investors hoping to take advantage of the highest yields available in years.

Gold price rose to the highest on record at more than Rs 64,000 per 10 gm on Monday, dampening demand as the new wedding season has just begun and raising concerns among people who have marriages planned in their families. The yellow metal touched Rs 64,200 per 10 gm on the Multi Commodity Exchange (MCX) in early morning trade, taking a cue from the international market. Silver, which is termed as a poor man’s gold, also rose to a new high at Rs 78,331 per kg on the MCX.

Indian stock indices climbed more than 2% on Monday with investors cheered by the Bharatiya Janata Party’s (BJP) victory in assembly elections in three states. Foreign institutional investors (FIIs) on Monday sold stocks of Indian companies worth ₹16,632.02 crore and bought stocks for ₹18,705.23 crore, resulting in an inflow of ₹2,073.21 crore, according to NSE data. On Friday, foreign institutional investors bought shares worth ₹1,589.61 crore.

Sanjay Singh in a money laundering case related to the excise policy case until December 11, 2023. Meanwhile, the court also ordered to supply an advance copy of the supplementary chargesheet to Sanjay Singh's lawyer and noted that the bail arguments are to be held on December 6, 2023. Earlier during the arguments, the Enforcement Directorate filed an application stating that the names of one protected witness had been mentioned by mistake and hence the same shall not come into the public domain due to their protection. The court has reserved the order for the interim court and directed the court staff to keep the file in secrecy. However, the court, while ordering to serve the advance copy to Sanjay Singh's lawyer, allowed ED to remove or hide such a portion mentioning the protected witness name.

Mint, David Weinberg, COO of Skechers USA, said the company is committed to strengthening its presence in India as one of the top brands. Skechers' solid financial foundation allows for flexible investments in response to market needs, he said. “As far as the amount (is concerned), we as a company never preset the amount we're going to invest.

National Crime Records Bureau (NCRB), Delhi registered the highest rate of crime against women in the country in 2022. The national capital recorded 14,247 cases in 2022 with a rate of 144.4 (per lakh), which was way above the national average of 66.4. The crime against women in the national capital stood at 14,277 in 2021 and 10,093 in 2020, reported PTI.

By Supantha Mukherjee

Also Read: Stock Market Today: Nifty 50, Sensex clock robust gains; investors richer by about ₹6 lakh crore in a day Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, commented on the momentum, stating, “The Bank Nifty bulls made a strong comeback, surpassing the all-time high levels and dispelling the bearish sentiment. The momentum is anticipated to persist, with robust support identified at the 46000–45800 zone, serving as a cushion for the bulls.

NMDC Ltd scaled 52-week highs of ₹186 on Monday having gained almost 3% in the last 2 trading sessions. The gains are being led by record production and sales growth being reported by NMDC NMDC sales at 3.79 million Tonne (MT) during November grew almost 25% year-on-year. It is not only the month of November that saw strong sales growth but also year to date in FY24, NMDC sales at 27.78 mt have grown 23.5% year-on-year.

The 30-share BSE Sensex jumped 1,383.93 points, or 2.05 per cent, to close at a lifetime high of 68,865.12. The index touched an intra-day record peak of 68,918.22. The barometer logged its biggest single-day jump since May 20, 2022.

Investing.com — U.S. stocks are set to start the new week on a negative note, handing back some of the prior month's strong gains as traders await Friday's key jobs report. Bitcoin soars above $40,000, while crude retreats amid uncertainty over the actual extent of newly announced OPEC+ output cuts. The COP28 meeting is coming to an end, with its final agreement in dispute. 

Origin Energy Ltd. rejected a A$19.1 billion (US$12.8 billion) Brookfield Asset Management Ltd.-led takeover, after the fund’s yearlong pursuit of a utility that’s vital to Australia’s energy transition.

In the 12 months ending in March 2023, Canada welcomed nearly 1.2 million new people, a record for a one-year period. For 2023, population growth is expected to surpass three per cent, a 65-year high.