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Also Read: Smallcaps in Review | From BSE to Angel One, here are the top 10 smallcap gainers of 2023; check full list Healthy inflow from domestic institutional investors (DII) and foreign institutional investors (FII) brought back confidence in the market. Consequently, the key domestic benchmarks Sensex and Nifty 50 continued reaching multiple records and gained nearly 20-22 per cent in the last one year.

Yogi Adityanath government in Uttar Pradesh Thursday imposed a ban on the sale of liquor in the entire 84 Kosi Parikrama of Ram Mandir in Ayodhya, the holy city where the grand Ram Temple is set to be inaugurated soon, India Today reported. UP Excise and Prohibition Minister Nitin Agarwal said the government has established a ‘no liquor zone’ in the entire 84-Kosi Parikrama circuit and the wine shops in the prohibited area will be either shifted or removed. The development came after the Excise Minister met with Champat Rai, General Secretary of Ayodhya Ram Mandir Trust.

«You can't fight the Fed» is a famous refrain repeated by most market participants throughout the years. Unfortunately, it is just not true. The truer statement is that «you can't fight the market.» Along these lines, I just read a bearish article and saw this comment, which also received a high number of «likes:»

India and the Philippines in the disputed South China Sea, the Chinese military on Thursday said defence cooperation between different countries should not harm the interests of third countries and regional peace. Answering a question from Chinese official media about naval exercises between an Indian naval ship and the Philippines naval vessel besides plans by France to hold naval and air drills with the Philippine Navy, Spokesman of the Chinese Defence Ministry Senior Col Wu Qian said China has taken note of the reports.

It was reported yesterday that the New York Times (NYT) filed a lawsuit against ChatGPT developer OpenAI and Microsoft (NASDAQ:MSFT), alleging copyright infringement.

Lorna Green, the woman responsible for setting fire to Wyoming's only full-service abortion clinic, pay almost $300,000 in restitution, meeting the entirety of the prosecution's request. Currently serving a five-year prison sentence for the 2022 incident at Wellspring Health Access in Casper, Green's actions caused substantial damage, delaying the clinic's opening for almost a year. Recently operational since April, Wellspring stands as Wyoming's sole abortion clinic, following the closure of a pill abortion facility in Jackson due to escalating costs.

ecommerce policy being formulated by the commerce and industry ministry is in the final stages and expected to be announced very soon, union minister Piyush Goyal said on Thursday. In August, the Department for Promotion of Industry and Internal Trade (DPIIT) held a detailed discussion with representatives of ecommerce firms and a domestic traders' body on the proposed policy. «It is at the final stages of discussion at the highest level in the government. We hope to come out very soon,» the commerce and industry minister told reporters here when asked about the policy.

advertising contracts terminated. Apart from the legal action they are about to face, the celebrities are up for a big hit to their careers.

Ambati Tirupati Rayudu joined the YSR Congress Party in the presence of Chief Minister Shri YS Jagan at the CM Camp office. Deputy CM Narayana Swamy and MP Peddireddy Mithun Reddy participated in this program," the party wrote on X. Ambati Rayudu, who played for MS Dhoni-led Chennai Super Kings (CSK) in the Indian Premier League (IPL) announced his retirement after the franchise won the trophy in 2023.

The launch of a spot Bitcoin exchange-traded fund (ETF) is a topic of active debate between the U.S. Securities and Exchange Commission (SEC) and a number of asset managers, notably the massive investment firm BlackRock. This action may be a crucial turning point in the acceptance of cryptocurrencies in traditional financial markets.

Aceh province. The Indonesian navy said a coast guard vessel detected a boat carrying Rohingya refugees entering Indonesia's waters on Wednesday. A helicopter from a navy ship subsequently spotted a wooden vessel nearing Weh island in north Aceh province.

By Howard Levitt and Gregory Sills

Nirav Karkera, Head of Research, Fisdom, says: “I am not quite sure if 2024-25 will actually turn out to be the year of passives per se but definitely largecaps are expected to make a comeback. But at the same time, it is not expected to make a comeback at the cost of small and midcaps. So, there are a few good things that have been going in favour of small- and midcaps as a segment and we expect a lot of this to be carried forward into the New Year as well.” Before I ask you how you think midcap and smallcaps would be faring in 2024, let's just analyze the performance in 2023 where we have seen Nifty Small-Cap growing beyond 40%, Nifty Mid-Cap close to 38%, beating Nifty-50. Also, midcap and smallcap funds have given returns beyond 35%. It has been said that 2024 and 2025 are going to be years of passive funds and specifically focusing on large cap category. But then what is going to be the trajectory of midcaps and smallcaps going ahead? Nirav Karkera: Definitely one thing that is very clear that largecaps are once again gaining a lot of investor favour and investor interest and this comes on the back of a very stellar run-up in the mid- and smallcap segments. In fact, the run-up has been so good that it has pushed many investors to the edge of their seats, worried about what lies ahead after such a rally. Does it fizzle out from here or what is it that can keep the rally sustaining going ahead?

Ranbir Kapoor celebrating Christmas has sparked a complaint in Mumbai, accusing him and his family of «hurting religious sentiments.» In the video, Ranbir Kapoor is seen participating in the Christmas flambé tradition, a customary practice where spirits are poured on a pudding and set briefly aflame. Alia Bhatt is seen alongside him in the footage. The complaint, filed by Sanjay Tiwari, alleges that Kapoor deliberately used intoxicants during the celebration and uttered the phrase "Jai Mata Di," associated with Hinduism. Tiwari claims that the use of intoxicants in the celebration, especially with religious chants, goes against Hindu traditions where the fire god is invoked before other deities.

Mint takes a look into previous incidents targeting the Israeli embassy in India, and possible reasons. On the evening of 26 December, a loud blast occurred near the Israeli embassy in New Delhi. There were no casualties but the incident has heightened fears of possible attacks on Israeli citizens in India.

NFOs. Fuelled by a generally optimistic market sentiment, mutual funds seized the opportunity to launch a variety of schemes designed to cater to a broad spectrum of investor preferences. Before the conclusion of this year, around 228 NFOs, spanning active and passive schemes in both equity and debt categories, including open-ended and close-ended schemes, have attracted investments exceeding ₹50,000 crores.

Bollywood actor was also asked about his favourite song from the film. He said it was “O Maahi". Arijit Singh is the singer of the romantic song, written by Irshad Kamil and composed by Pritam.

Ripple’s XRP  coin, defying the overall market trend, has shown remarkable resilience, maintaining an upward momentum well above the $0.630 mark. This sustained growth comes amidst a broader market downturn, which saw the total cryptocurrency market cap fall by 2.6% to $1.71 trillion over the past 24 hours.

Bengaluru police on Wednesday arrested individuals associated with Karnataka Rakshana Vedike (KRV), a pro-Kannada activist group, while conducting a protest. As reported by ANI, the protest called for all businesses and establishments in the state to display nameplates in Kannada, by the government mandate stipulating that 60 per cent of the nameplates should be in the Kannada language. The demonstration to raise public awareness was organized under the guidance of T A Narayan Gowda, the State President of Karnataka Rakshana Vedike.

Dunki Box Office collection Day 7: The Box Office performance of Shah Rukh Khan’s latest movie "Dunki" over its first seven days showcases a fluctuating trend in its net collection across India. The movie kicked off with a strong opening on its first Thursday, collecting ₹29.2 crore. However, it was the weakest among Khan’s three releases this year, the other two being Pathaan and Jawan.

Day trading guide for today: On account of strong global cues, Indian stock market extended its rally on fourth day in a row on Wednesday. All three key benchmark indices touched a new peak and ended at record closing highs respectively. Nifty 50 index touched a new peak of 21,675 while BSE Sensex hit a new record high of 72,119 mark.