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BSE-listed firms is now near ₹361.3 lakh crore. Also read: Market momentum may continue in 2024; FPI money will continue to pour into India, says Ajit Banerjee Here are the five factors that experts believe have boosted market sentiment: As the US inflation has been cooling of late, market participants are buying stocks aggressively, expecting the US Federal Reserve to start cutting interest rates as early as March next year. "Market pricing now shows a more than 80 per cent chance the Fed is likely to begin cutting rates next March, according to the CME FedWatch tool, with over 150 basis points of easing priced in for all of 2024," reported Reuters.

Tata Motors expect record sales in 2024, and big cities are racing to adopt electric buses. Despite the subsidy row, India is expected to become one the world's largest EV markets. India’s biggest and increasingly most consequential neighbour, China will complete 75 years of rule by a one-party communist regime on 1 October.

Investing.com-- Gold prices kept to a tight range in Asian trade on Wednesday after rising optimism over early interest rate cuts by the Federal Reserve drove a strong melt-up in prices through December. 

Investing.com-- Japanese and Indian stock markets were the top performers in Asia through 2023, with a dovish Bank of Japan and optimism over the Indian economy acting as key points of support.

A groundbreaking alliance between Microsoft Corporation and the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) has been revealed. In a technological environment that is quickly evolving, the purpose of this partnership is to investigate and shape the incorporation of artificial intelligence (AI) in the workplace. This will ensure that AI meets the requirements of workers and has an impact on public policy.

Bosch 6 kg model stands out as the standard by which competitors are compared in terms of functionality and efficiency. The article goes into great detail to compare them all, emphasising their unique qualities and strong points. The 6-kilogramme washing machine from Bosch is unique because of its small size and cutting-edge technology.

Devang Mehta, Director-Equity Advisory, Centrum Wealth Management, says “we like a host of capital goods stocks, be it Siemens, be it in the bearing space or motion management, something like a Timken India. I am not suggesting any buys, but these are some companies which we track very closely that bring a lot of order activity, right from railways to ports to a lot of such companies doing greenfield and brownfield projects. This looks like an extremely interesting space, be it automation, be it capital goods ancillaries, power ancillaries. This pace, for the next two, three years becomes more structural rather than a short-term cyclical.” The J. Kumar Infrastructure management is quite bullish about the kind of order inflows they are seeing and very confident about beating their guidance as well. Do you have any view on J. Kumar or any other infrastructure name? Devang Mehta: I think, yes, clearly this is one space infrastructure, be it capital goods, be it infrastructure, roadways, ports, railways.

In the longer term, investing in selective quality mid and smallcaps names, which fall in the emerging sectors or segments of the economy, are always the best way to generate alpha, believes Madanagopal Ramu, fund manager and head — equity atSundaram Alternate Assets, who oversees more than Rs 7500 crore worth of assets. Ramu is of the view that the market is overestimating the earnings growth momentum for companies in the mid- and smallcap segment, which reflects in the rally seen this year. “In many of these companies which are part of the mid and smallcap indices, earnings momentum are cyclical and not structural, so it runs out of steam pretty quickly. Therefore, being selective is key to sustain long term performance,” Ramu said in an interview with ETMarkets. Edited excerpts: How has the year 2023 been for the funds managed by you? Madanagopal Ramu: It has been a mixed year, we saw a recovery and our funds performed in line with the market for most of the year, but alpha creation was challenging.

By Rae Wee

Investing.com-- Most Asian stocks rose on Wednesday, tracking a rally on Wall Street as investors cheered the prospect of early interest rate cuts by the Federal Reserve, while Chinese shares lagged on a bleak economic outlook.

Nifty 50 set to clock healthy double-digit gains in 2023; what are the key challenges for the market in 2024? Major central banks of the world, including the US Fed and the RBI, are expected to trim interest rates in the coming year. However, the timing and the extent of rate cuts will be the key factors. Furthermore, how central banks evaluate inflation and growth will significantly impact market sentiment.

By Leika Kihara

By Cynthia Kim

By Hyonhee Shin

NEW DELHI : Union defence minister Rajnath Singh, has vowed to take decisive action against those responsible for the assaults on the India-linked shipping vessels, MV Chem Pluto and MV Sai Baba, amid escalating tensions in the Red Sea region. For over a month, attacks by Yemen’s Houthi rebels on vessels using the crucial Red Sea shipping route have heightened uncertainty in the global economy. “The recent drone attacks on the MV Chem Pluto in the Arabian Sea and a few days ago on the MV Sai Baba in the Red Sea have been taken very seriously by the Indian government.

CAIRO (Reuters) — Saudi Arabia's cabinet on Tuesday announced its approval of contracting regulations for firms that do not have regional headquarters in the Kingdom, Saudi state news agency SPA reported.

The US bond market has had a rough ride for much of the past two years, but the powerful rally over the last two months suggests the worst is over.

FDI spiked in October on a surge in inflows and low repatriation. It is too early to see in the October performance a reversal of a weak trend for the financial year. The languor is on account of global investment being depressed in a fragile economic recovery.

The real estate business has always been viewed as conservative and resistant to change, but technological advancements profoundly transform its environment. Proptech – the merger of property and technology – is a developing sector that is changing how we purchase, sell, rent, and manage properties worldwide. At its core, it uses technological advances to streamline procedures, improve efficiency, and enhance user experiences in real estate. Proptech is fueling an unparalleled surge of innovation, from virtual property viewings and digital transactions to data analytics and smart home technology.

The Reserve Bank on Tuesday proposed to introduce a new category of money changers who may conduct business through an agency model by becoming Forex Correspondents (FxCs) of Authorised Dealers.Currently, the Reserve Bank issues licences to authorised dealers — banks authorised to deal in foreign exchange — and full-fledged money changers.

Also Read: Nifty 50 set to clock healthy double-digit gains in 2023; what are the key challenges for the market in 2024? Among key broader indices, the Nifty Smallcap 250 represents 250 companies (companies ranked 251-500) from Nifty 500. This index intends to measure the performance of small market capitalisation (MCap) companies.