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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.

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.

2023 was perhaps a good year for crypto prices as they recouped the previous year’s losses considerably with bitcoin spiking by 165 percent. When it comes to a set of regulations, digital currencies still fall short of explicit legitimacy, albeit they are not illegal either. However, when the government introduced a detailed tax regime for virtual digital currencies (VDAs) in 2022 including 1 percent TDS on crypto transactions, some saw it as an implicit approval.

In the ever-evolving landscape of digital currencies, Solana (SOL/USD) emerges as a focal point of interest, especially as it rebounds from the critical $100 support level. Currently trading at $104.25, Solana has seen over 3% rise in the last 24 hours, with a remarkable 24-hour trading volume of $4.55 billion.

Dalmia Bharat share price rose over 3 per cent in an otherwise weak market on Monday, January 1. Dalmia Bharat share price opened at ₹2,280.05 against the previous close of ₹2,274.30 and rose 3.4 per cent to the level of ₹2,352.35. On the other hand, equity benchmark Sensex declined over 200 per cent in morning trade.

Hero MotoCorp, TVS Motor Company and others the sales are likely to be lifted by wedding season and low channel inventory post festive season. Passenger Vehicles sales too are likely to see good growth momentum.

inflation remains a worry. ET asked a galaxy of experts to make one prediction each for 2024, the early part of which will be dominated by the general elections. But it’s also a year when the Indian economy is set to cross the $4 trillion mark. Not too surprisingly, in our 24 Predictions For 2024, the most dominant theme was the impact of Artificial Intelligence on businesses and lives, but India’s economic potential figured as strongly.

Indian equity markets will be looking towards in 2024. The Indian equity market has been an outperformer and a safe haven in 2023 largely on account of good policies and political stability. That is key. Personally, I am very bullish on India. But India needs trained manpower to truly leverage its demographic dividend. So I would emphasise skill development centres nationwide.

Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita, and Bharatiya Sakshya Adhiniyam, 2023. They replaced the Indian Penal Code, 1860, Criminal Procedure Code, 1898, and Indian Evidence Act, 1872, respectively.

digital infrastructure and technology sector. This prediction is supported by several key factors, including government initiatives, increased foreign investment, a burgeoning startup ecosystem, and a growing talent pool in the technology sector. Firstly, the Indian government has been actively promoting digitalization across various sectors.

beauty left in the world, no magic. Then how do you explain the entire world coming together on one night to celebrate the hope of a new year?' Thus goes a dialogue in the 2011 film, New Year's Eve. So very true! Dry bones may say, what's new in a New Year? It's just a minor digital change in the calendar. There's much more to a New Year than meets the eye.

luxury. Within Luxury, there will be two worlds: the digital and the real. What would you choose — a members-only, fiercely guarded private avatar club or deepsea diving with friends in the remote Andamans? Custom jerseys for your virtual reality football team or bespoke tents for your next safari in the Serengeti? Couture for your avatar or grandma’s sari for your best friend’s wedding? Our products will be either tech-made and consumed online or handcrafted and part of our lived experience.

The year 2024 promises to be a breakout one for India’s hearables and wearables industry, a rapidly growing segment within Indian electronics. Driven by domestic adoption, this sector witnessed modest growth in 2023 and anticipates robust growth.

media and entertainment. Incredible stories from across India, connectivity and access like never before, innovation in filmmaking— there hasn’t been a more perfect time for storytellers and the audience. Today, India stands only second to China in the volume of digital media consumption, as per the EY-Ficci 2023 report.

The Prime Minister’s Office (PMO) is examining the national e-commerce policy to understand its potential impact on domestic retailers and small players, two people aware of the matter said. “The policy is in its final stage and will be released soon after the approval by the PMO," said one of the people, adding the much-awaited policy will protect the interests of both consumers and industry.

The sizzling new meme coin Chimpzee ($CHMPZ)  wrapped up its $2.7M presale a few weeks back.

Gautam Adani's sprawling conglomerate has raised over USD 5 billion (Rs 41,500 crore) in equity and a double of that in debt this year as the apples-to-airport group made a comeback since being hit by a bombshell short seller report. Adani, who was the world's second-richest man at the start of the year, saw almost USD 60 billion of his personal wealth erased after Hindenburg Research in a January 24 report accused his group of market manipulation and accounting fraud. The group denied all allegations and reworked its strategy, fueling a comeback that now has the tycoon some USD 36 billion short of where he started the year and two notch and USD 12 billion shy of rival billionaire Mukesh Ambani.

Modi will visit Tamil Nadu and Lakshadweep on January 2 and 3 during which he will inaugurate and lay the foundation stone of multiple development projects, his office said on Sunday. On January 2, Modi will reach Tiruchirappalli in Tamil Nadu and will be the chief guest at the 38th Convocation Ceremony of Bharathidasan University, a statement issued by the Prime Minister's Office (PMO) said. At a public programme in Tiruchirappalli, the prime minister will lay the foundation stone of multiple development projects worth more than Rs 19,850 crore related to aviation, rail, road, oil and gas, shipping and higher education sectors. Modi will then reach Agatti in Lakshadweep where he will address a public function. On January 3, the prime minister will reach Kavaratti in Lakshadweep, where he will lay the foundation stone of multiple development projects in Lakshadweep related to sectors such as telecommunications, drinking water, solar power and health. At the programme in Tiruchirappalli, he will inaugurate the New Terminal Building at Tiruchirappalli International Airport. Developed at a cost of more than Rs 1,100 crore, the two-level new international terminal building has the capacity to serve more than 44 lakh passengers annually and about 3,500 passengers during peak hours, the statement said. Modi will dedicate to the nation multiple railway projects, including doubling of rail line section of 160 Km from Madurai-?Tuticorin and three projects for rail line electrification. The rail projects will help in improving the rail capacity to carry freight and passengers and contribute to economic development and employment generation in Tamil Nadu, the statement said. Modi will also dedicate to the nation five road

startups are set to launch their payloads to demonstrate microsatellite subsystems, thrusters or small engines that keep satellites in desired orbits, and radiation shield coating for satellites on board ISRO's PSLV-C58 mission on Monday. Hyderabad-based Dhruva Space will validate the functionality and robustness of the P-30 nanosatellite platform and its various subsystems in-orbit as part of 'Launching Expeditions for Aspiring Payloads — Technology Demonstrator' (LEAP-TD) payload on the PSLV-C58 mission that will launch the XPoSat satellite.

New Year 2024 will certainly be different from 2023, yet similar in the way that this, too, will usher in a slew of changes with it. Come New Year, small savings schemes will offer higher interest rates, insurance policy documents will be easier to understand, dormant UPI IDs will be de-activated, cars will get costlier, and the physical verification of documents for SIM card will be phased out, among others, in the finance world. Let us understand more.

retail sector is likely to face another quarter of slowdown as most of them have reported flat to low single digit same store sales growth during Q3FY24, according to ICICI securities. This is primarily due to the lower footfall during the peak season, impact of world cup during weekends and late onset of winter season. As a result, most brands have kicked-off end of season sale offering upto 65% discount, 2 weeks early in December 2023 against normal one month EOSS window in January.