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capital on Monday, according to the All India Sarafa Association. Traders waited for US President-elect Donald Trump's inaugural address later on Monday before placing any directional bets, marketmen said. On Friday, the precious metal surged Rs 700 to settle near a record high at Rs 82,000 per 10 grams. Gold of 99.5 per cent purity traded flat at Rs 81,600 per 10 grams on Monday. On October 31 last year, gold of 99.9 per cent purity and 99.5 per cent purity hit a record high of Rs 82,400 and Rs 82,000 per 10 grams, respectively, in the local markets.

According to the board of ESCT, «Saba's strategy is one of deliberate misdirection», adding that the trust has outperformed its benchmark over one, three, five and ten years since Ollie Beckett, the current portfolio manager, took the reins in 2011.  It added that the trust has generated net asset value (NAV) total returns of 51.6% over five years and 202.2% over the ten years to 31 December 2024.  Friday Briefing: The time for talking is over, Saba vote will show how much the industry cares about retail investors Data from the Association of Investment Companies showed that ESCT's...

Subscribe to enjoy similar stories. As India’s leading information technology firms release their quarterly earnings, the picture remains subdued. Revenue growth continues to lag, and the absence of major deals, coupled with persistent attrition, underscores the sector’s ongoing challenges.

Subscribe to enjoy similar stories. New Delhi: India's aviation sector is growing rapidly, this is evident from record breaking domestic passenger movement and pending delivery of over 1000 aircraft to Indian airlines. In November 2024, for the first time ever the daily domestic passenger numbers crossed 5 lakh mark.

Angel One may remain in focus on Monday, January 20 as today is the last day to buy the shares of the company to qualify for the Rs 11 dividend announced by the company. “We would like to inform you that the Board of Directors of the Company at its meeting held today i.e. January 13, 2025 at Maple Conference Room, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai-400093 which commenced at 02.50 p.m. and ended at 06.25 p.m. have inter alia, approved and taken on record the following: The Board has declared 1 st Interim Dividend for the Financial Year 2024-25 at the rate of Rs. 11 .00/- per share on equity shares having face value of Rs. 10 per share, as on the Record date,” Angel One stated in its filing to the exchanges.

Subscribe to enjoy similar stories. India's benchmark index Nifty50 closed below the 50-WMA and formed another bearish candle on last week's chart. Taking cues from the global and domestic markets, the index started the session with a gap-down opening at 23,277 and continued to trade in negative trajectory, closing at 23,203.20.

Subscribe to enjoy similar stories. The change of guard in America looms large over India's stock market, with foreign portfolio investors (FPI) raising bearish bets close to record levels a day ahead of Donald Trump's inauguration as the 47th President.

stock splits, with some stocks trading as low as ₹1. Stock splits are intended to reduce the price of shares, making them more accessible to retail investors. However, several Indian small-cap companies have misused this mechanism, using it as a significant milestone to artificially inflate their stock prices.

Apple and Samsung.

climate action and paucity of financial flows should inform Budget 2025. India must resist prioritising growth that disregards environmental, and thereby human, well-being. Instead of greening the economy within limits, this year's budget must turbo-charge efforts to decarbonise while making the economy resilient.

record number of executive orders after being sworn in as president, beginning «right after» he delivers his inaugural address.

ease of doing business to «unease in doing business». Ahead of the Union Budget, the opposition party said that to fix this, the upcoming budget must eliminate «raid raj and tax terrorism».

Mortgage lender Can Fin Homes on Saturday reported a 6% year-on-year rise in net profit at ₹212 crore for the quarter ending December 2024. The lender had posted a net profit of ₹200 crore in the year-ago period. Net interest margin contracted to 3.72% against 3.92% over the same period. Total income from operations stood at ₹986 crore for the quarter, up 9.3% YoY from ₹902 crore earlier.

Saif Ali Khan attack LIVE Updates: The Mumbai Police arrested a man accused of stabbing Bollywood star Saif Ali Khan in the wee hours of Sunday. Police said the accused confessed to committing the crime. "The arrested accused, Vijay Das, a waiter at a restaurant, has confessed to having committed the crime," the Mumbai Police was quoted by news agency ANI as saying.Saif Ali Khan, who is currently in the hospital, was stabbed multiple times in the intervening night on Wednesday and Thursday this week.

Diddy is accused of ordering a hit on a rapper over a diss track and is mentioned 47 times in the Tupac murder suspect's covert police interview.

Angel One and Havells India among several companies are set to attract investor attention in the coming week as their record dates for various corporate actions approach. These actions include dividends, stock splits, and bonus share issuances. The record date is the critical cutoff for determining shareholder eligibility for corporate benefits such as dividends, stock splits, and bonus shares. Investors must ensure their shares are reflected in their demat accounts on or before this date to qualify.

Subscribe to enjoy similar stories. India’s exports declined for the second consecutive month in December, while the government is likely to undershoot its fiscal deficit aim in 2024-25. The credit-deposit ratio softened in 2024 and the work-hour debate intensified after a new remark by Larsen & Toubro's chairman.

The S&P 500 and Dow Industrials registered their biggest weekly percentage gains since early November and the Nasdaq recorded its best since early December. Data this week allayed fears that inflation would resurge while expectations have grown that the Federal Reserve will bump up the timing and magnitude of rate cuts this year.

Subscribe to enjoy similar stories. After a year of record fundraising through initial public offerings (IPO), merchant bankers are expecting domestic IPOs to gather more steam in 2025, with increasing funding demand from tier-II companies. “At this point of time, our estimates suggest around $35 billion (worth of) IPOs (planned) in the current calendar year," Kaushal Shah, managing director and head of equity capital markets at Kotak Mahindra Capital Co.