Booking Financial News

New Year welcome party is complete without at least a cursory check on annual predictions! And no we are not talking about stock market predictions, or tentative guesses on the release date of your favourite Bollywood movies, but predictions regarding significant events such as war, royal rifts, etc. Curious about how 2024 will unfold? Let Nostradamus, a 16th-century astrologer guide you.

Trent Ltd. fell 1.54 per cent to Rs 3009.0 in Monday's trade as of 01:59PM (IST) even as the benchmark Nifty ruled at 21731.4, down 47.3 points. The scrip had closed at Rs 3056.15 in the previous session.

Aditya Arora, Adlytick, says “the outperformance in the PSU counter may continue, but it has been a little overstretched. So, probably there could be a sentiment spillover in January but post that, there could be profit booking in all the PSE counters. So, mean reversion trade could be a good trade in the selective PSE basket, somewhere valuations are pretty stretched. I am not very bullish on this space.” My first question today would not be on the index, but on a stock that has gained nearly 30% in two trading sessions, Vodafone-Idea. Any kind of technical trigger that you are seeing on this counter? Aditya Arora: So, before talking about Vodafone-Idea, I would like to give a disclaimer that we had recommended a buy call on Vodafone on Friday itself in derivatives, which shot up 100%. Coming back to the question, I think the stock is in bull's control. They are strongly controlling and dominating the trend. There is a long way to go on the upside. This could be start of an uptrend which could take the stock upwards towards Rs 20-22 levels in long term and stop loss for the same should be maintained at Rs 14 but the outlook for the stock looks very strong whether you look at the news front, fundamental front or technical front or derivative front, stock looks very fantastic and very bullish.

Marico Ltd. traded 0.49 per cent down at Rs 545.5 on Monday at around 01:19PM (IST), while the benchmark BSE Sensex declined 170.12 points to 72240.26. As many as 9,698 shares changed hands on the counter with a total value of Rs 0.54 crore.

Dinesh Kumar Khara, Chairman, SBI, says “I am quite confident that with the kind of plough back which we have, we will be in a position to generate adequate plough back to take care of this increased capital requirements which have been prescribed by RBI. We are very closely watching whatever is the situation and we will be ensuring that the bank should be very well capitalised. It is already well capitalised, but it should stay well capitalised and meet all the regulatory requirements because RBI prescription is one, our board prescription is invariably over and above that.” Should we start with new year resolutions? Dinesh Kumar Khara: Yes, new year resolution is to continue to improve upon where we left the year 2023.

BSE SME, with a tentative listing date fixed on January 3. Investors can check Manoj Ceramic IPO allotment status on the IPO registrar’s website as well as on the BSE website. Also Read: Manoj Ceramic IPO: A look at GMP, subscription status and other details Manoj Ceramic IPO registrar is Purva Sharegistry India Pvt Ltd.

Vedanta Ltd. traded 0.07 per cent up at Rs 258.7 on Monday at around 12:38PM (IST), while the benchmark BSE Sensex declined 170.12 points to 72240.26. As many as 230,292 shares changed hands on the counter with a total value of Rs 5.95 crore.

travel sector, despite soaring costs and increased expenses. Tourists became a driving force, reshaping the global tourism scene. This resurgence breathed life into the hospitality industry.

Mumbai Police's Economics Offence Wing (EOW) has apprehended Ashesh Mehta and Shivangi Lad Mehta in Surat. According to media reports, the couple is accused of orchestrating a massive financial fraud amounting to thousands of crores through their share trading firm.

Day trading guide for today: Key benchmark indices of the Indian stock market gave up its five days winning streak and ended the last trade session of 2023 on a flattish note amid profit booking in select heavyweights. Nifty 50 index remained in negative territory throughout the session and closed with minor loss of 22 points at 21,731 levels. BSE Sensex finished 0.23 per cent lowe at 72,240 levels whereas Nifty Bank index lost 0.45 per cent and ended at 48,292 levels.

Asian markets are closed today. The US and most European markets will also remain closed today. Catch Live Market Updates here The domestic benchmark indices ended on Friday, the last trading day of 2023, on a negative note, snapping their five-day winning streak, on profit-booking in select heavyweights.

investors. The first shocker came when an amendment to the Budget did away with the indexation benefit that debt funds enjoyed. Capital gains from debt funds, which used to be taxed at 20% after indexation, were now to be taxed at the slab rate applicable to the individual.

Parliament security breach has revealed that the accused people have been planning to storm the Lok Sabha since 2015, a year after they created a social media page, Bhagat Singh Fan Club, claimed officials in the know of the investigation. The main accused, Manoranjan D and Sagar Sharma who jumped into the Lok Sabha well, were the initial members of the group. Lalit Jha, Neelam Devi and Amol Shinde joined it later. Three others, who were also part of the online forum, are being questioned and one of them is said to be involved in arranging logistics for the meetings where they made the planning, the sources said. According to police, Jha disclosed that all the accused had met many times and executed the conspiracy.

₹66,135 crore in December stand at a record high for any month, as per National Securities Depository Ltd (NSDL), while exchange data shows DIIs bought net ₹12,942 crore worth of shares during the month. The same data for BSE and NSE shows clients sold shares worth ₹14,633 crore in December. On an annual basis, too, while FPIs purchased a record ₹1.71 trillion worth of shares in calendar year 2023 and DIIs bought ₹1.85 trillion, clients sold ₹72,921 crore worth of shares in the secondary market.

assault and intentional insult on a complaint by a Bulgarian woman, who had joined the company as a flight attendant, an official said on Sunday. The police have said that they can only investigate the matter and submit a report to the high court for now.

In the last days of Credit Suisse, plenty of decisions were taken where perhaps the best you can say of them is that they might have looked like the only available option at the time.  The brand was melting down, and the best bankers were leaving every day.  In order to try to hold on to some of the rainmakers in strategically important franchises, CS decided that it was going to pay what were called “upfront cash awards”.

Apocryphally, when one European diplomat in the Napoleonic era heard of the death of another, he responded by saying “I wonder what they meant by that?”. On hearing that some Deutsche Bank traders have had their gardening leave periods shortened from three months to one, people on Wall Street are likely to have had a similar response. 

Virat Kohli returned to his normal, run-scoring ways with a historic, record-breaking and consistent 2023 as a batter, breaking some massive batting records previously considered untouchable. The star batter went several steps ahead to match the legacy of the Indian great Sachin Tendulkar. This year will be known as the one of Virat's redemption. Every match, every series, and every tournament saw him grab headlines and re-write record books, even during some occasional off days with the bat. Though Virat's redemption story remains incomplete without the presence of the highly-elusive Indian Premier League (IPL) title, ICC World Test Championship mace, and the most heartbreaking of them all, an ICC Cricket World Cup trophy at home, Virat's batting still gave millions of his fans immeasurable joy, ecstasy, pride, and many more reasons to consider him their 'GOAT' (Greatest of All Time).

Ritesh Agarwal in post on social media platform X. Also Read | Holiday travel around Christmas, NYE weekend to top 2019 levels “OYO > Coffee. So many people woke up and chose to book an OYO today.

foreign airlines including British Airways, Etihad, Thai Airways and Qatar Airways been questioned by the Directorate General of GST Intelligence (DGGI) over allegations of tax evasion which have run into hundreds of crores of rupees, TOI reported on Sunday. The DGGI has questioned these executives over allegations of these carriers’ booking expenditure related to their India operations with their overseas head offices in the last month. Citing sources, TOI reported that the DGGI has requested documentation from these airlines covering every expense incurred by the international carriers for their operations in India. This may include aircraft leasing, crew and ground staff costs, fuel for the aircraft, and any additional maintenance or repair expenses. For the first time, Indian authorities have requested that international airlines report all of their expenses relating to India and pay taxes for services provided here under the new GST regime.

rose around 20 per cent in 2023, logging their second-best year since 2017. D-Street investors added a significant ₹81.90 lakh crore to their wealth in 2023 powered by a stellar rally in stocks. The bull run was supported by sustained domestic mutual fund inflows, foreign capital inflows, better-than-expected economic growth, and robust corporate earnings.