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Coforge Ltd, part of the IT industry, breaks out from an inverted Head & Shoulder pattern on the weekly charts which has opened room for the stock to head towards 7000 levels, suggest experts. The stock rose by about 10% in a week which helped the stock to break out from an Inverse Head & Shoulder pattern on the weekly charts. The neckline of the pattern was placed around 6100 levels. After breaching the neckline of the inverse head & shoulder pattern earlier in December placed at 6100 levels the stock hit a fresh record high of Rs 6528 on 19th December 2023. The stock has been in an uptrend after hitting a low above 4700 levels in October 2023.

debt management remains a major issue for these organisations' growth and viability. B2B debt is common in SMEs due to credit sales, late payments, and long credit terms with clients and suppliers.

As activists and diplomats first assembled in Dubai for Cop28, the UN’s climate summit, a fortnight ago, the chances of significant progress seemed slim. War had returned to the Middle East and the geopolitical order was fragmenting. The choice of the summit’s host country—the United Arab Emirates, one of the world’s leading petrostates—and its chairman, Sultan al-Jaber, the head of its national oil company, threatened to turn the event into a giant exercise in greenwashing.

Donald Trump disqualified from 2024 ballot in Colorado, says court "A majority of the court holds that former President Trump is disqualified from holding the office of President under Section Three of the Fourteenth Amendment to the United States Constitution," the court wrote. Vivek Ramaswamy withdraws from Colorado ballot following Donald Trump's removal It is the first time in history that the court used Section 3 of the 14th Amendment to disqualify a presidential candidate. However, the Colorado court stayed the decision to allow Donald Trump to appeal, which his campaign said he plans to do.

Day trading guide for today: The Nifty 50 and Sensex, leading benchmark indices, reached new all-time highs of 21,505.05 and 71,623.71, respectively, during intraday trading on Tuesday, December 19. The Nifty 50 concluded with a 34-point gain, equivalent to a 0.16% increase, closing at 21,453.10. Simultaneously, the Sensex wrapped up at 71,437.19, marking a 122-point upswing, translating to a 0.17% rise.

equities witnessed a second day of consolidation on Tuesday amid positive global cues. «The overall market sentiments remain buoyant on the back of continued FIIs buying and strong macro data. Going ahead, the positive momentum is likely to continue largely driven by liquidity and vibrant mood ahead of Christmas and new year.,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS

capital goods stocks, which have been relatively inactive in recent months, are now garnering interest from investors. Analysts foresee a potential uptick in the performance of these stocks in the coming weeks, citing a positive outlook for the sector. This optimism is driven by government initiatives that support incremental capital expenditure, a revival in specific segments of the private sector, and a more favourable growth outlook in international markets. The Siemens stock, which saw a modest 5.5% increase over the last six months, surged 10% in December.

Central Board of Secondary Education (CBSE) has withdrawn its affiliation from as many as 25 government schools in ethnic violence ravaged Manipur. The CBSE following the request of the schools has recently given its affiliation to 25 schools mostly in hill districts. Joint Secretary Education (School), Manipur Anjali Chongtham on Tuesday said that the CBSE has withdrawn the affiliation, which was recently granted to the 25 schools on the ground that the NOC (No Objection Certificate) submitted by these schools has not been issued by the authorised functionaries of the state government and for cancellation of affiliation as requested by the state government by its letter on December 15. “....it is also clarified that necessary action will be initiated against those responsible for flouting rules and regulations of the state government or of CBSE.

North Korea's «reckless» nuclear build-up and missile launches. G7 foreign ministers said in a statement after the launch of Pyongyang's most powerful ballistic missile that «North Korea's repeated reckless actions must be met with a swift, united and robust international response, particularly by the United Nations Security Council».

Rajya Sabha. After the meeting, Congress Chief Mallikarjun Kharge addressed the media and informed that INDIA bloc will hold a nationwide protest on 22 December against the suspension of 141 MPs from Parliament The Congress chief said the coalition also passed a resolution condemning the suspension and calling the action "undemocratic". As many as 49 more opposition lawmakers were suspended from Lok Sabha on Tuesday for 'unruly conduct', taking the total number of MPs suspended in both Houses of Parliament to 141.

RBI) is considering the change on the suggestions of banks, which believe that chances of making recoveries are higher if a dialogue is started at an early stage, the people cited above said on the condition of anonymity. The wilful defaulter tag shuts out borrowers from the formal banking sector. Finance ministry officials who met some of India’s top bankers recently also favour such flexibility, rather than sending all such accounts into a protracted legal process, the people cited above said.

Narendra Modi held a telephonic conversation with his Israeli counterpart Benjamin Netanyahu on Tuesday to discuss the ongoing conflict between Israel and Hamas as well as concerns over the flow of shipping through vital West Asian corridors. “Had a productive exchange of views with PM @netanyahu on the ongoing Israel-Hamas conflict, including shared concerns on the safety of maritime traffic. Highlighted India’s consistent stand in favour of early restoration of peace & stability in the region with continued humanitarian assistance for the affected," Modi tweeted on X, formerly Twitter, a social media website.

MV Ruen, which was hijacked by around six pirates, 680 nautical miles east of Bosaso, the commercial capital of Somalia’s breakaway Puntland region, was moved on Monday to Indian stealth destroyer INS Kochi for medical assistance following a bullet injury in firing by pirates, news agency ANI reported Tuesday. The crew member had a bullet injury near his shoulder during the piracy incident but was reported to be stable.

Mint. Cashfree Payments spokesperson said: “Securing the Payment Aggregator (PA) licence from the RBI is a pivotal moment for Cashfree Payments, affirming our focus on compliance and highlighting the significance of a well-regulated payments landscape. We are now onboarding new merchants on our payment gateway.

Agriculture and Rural Development (Nabard) and Asian Development Bank (ADB) launched an initiative to facilitate climate action in India’s agriculture, natural resources, and rural development sector. Under this initiative, a Technical Support Unit has been set up in Nabard with the partnership of Bill and Melinda Gates Foundation to enable the agri lender to address the challenges posed by climate change, particularly in the areas of agriculture and rural livelihood sectors in India.

iPhone 16 series, set to launch in less than a year, is making headlines with leaks revealing a potential game-changer – the introduction of a dedicated Capture Button for video recording. Building on the iPhone 15 Pro's Action Button, Apple is gearing up to streamline video recording with a dedicated button, as per Bloomberg's Mark Gurman.

Jonathan Majors' recent legal troubles have created shockwaves in the Marvel Cinematic Universe following his dismissal by the brand on Monday. The actor, known for his roles in «Loki» and «Ant-Man and the Wasp: Quantumania» as Kang/He Who Must Remain and Victor Timely, was terminated by Marvel Studios following a guilty verdict from a New York jury for assaulting and harassing his ex-girlfriend.

Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks for deficiencies in regulatory compliance. These co-operative banks are: The Manmandir Co-operative Bank Ltd, The Lakhvad Nagarik Sahakari Bank Ltd, Contai Co-operative Bank Limited, Sarvodaya Co-operative Bank Ltd, and Sanmitra Sahakari Bank Ltd.

Indian Premier League 2024 action underway in Dubai on 19 December and two players from Australia picked by franchises for over ₹20 crore each, netizens are making fun a and sharing hilarious memes on social media. As per details, Australia's star bowler Mitchell Starc became the most expensive player to be sold with a price of ₹24.75 crore to Kolkata Knight Riders.

three contentious Bills replace the Indian Penal Code of 1860, Code of Criminal Procedure (CrPC) of 1973 and Indian Evidence Act, of 1872. Amit Shah is expected to give reply to the debate on these three Bill later in the day, news agency ANI reported. The three Bills to replace the existing criminal laws in India were tabled for consideration and passing in the Lok Sabha even as 95 Opposition MPs remain suspended from the Lower House.

Kenvue (NYSE:KVUE) stock experienced a pre-market surge of 5% following a court's favorable ruling in a class action lawsuit related to Tylenol.