Experts Financial News

Ahmedabad event saw a full house with representatives from a cross-section of industries, putting forth their perspective on the vibrant MSME ecosystem in Gujarat. The city’s entrepreneurial spirit and drive in its diverse industries such as textile, pharma and chemicals were highlighted at the ET Make in India SME Regional Summit on December 20.

Colgate-Palmolive (India) Ltd. 0.51 per cent to Rs 2718.10 in Thursday's trade as of 11:36AM (IST) even as the benchmark Nifty ruled at 23750.85, 23.2 points. The scrip had closed at Rs 2732.05 in the previous session. The stock quoted a 52-week low of Rs 2380.05 and a high of Rs 3893.00. The company quoted a market-cap of Rs 73876.74 crore on the BSE.

Bharat Forge Ltd. 0.4 per cent to Rs 1317.50 at 11:31AM (IST) in Thursday's trade. The counter hit a high of Rs 1331.50 and low of Rs 1313.05 so far during the session. The stock had closed at Rs 1322.90 in the previous session. The counter had a total traded volume of 11:31AM shares so far with a turnover of Rs 0.97 crore on BSE. The stock traded at a price-to-earnings multiple of 66.51 and a price-to-book ratio of 7.33.

Delhi Chief Minister Atishi inaugurated a new flyover between Anand Vihar and Apsara Border on Thursday. The flyover will come as a relief to commuters in East and North East Delhi.

dynamic asset allocation funds and balanced advantage funds have offered up to 20% return in 2024. Around 32 schemes in the category have marked their presence in the mentioned period. Quant Dynamic Asset Allocation Fund, the topper in the category, delivered 20.15% return in 2024. Axis Balanced Advantage Fund and HDFC Balanced Advantage Fund offered 17.63% and 16.83% returns respectively in the current calendar year.

«But broadly, it is going to be a very challenging year because I do not expect significant returns at the index level in 2025 given how strong returns have been over the last few years and the fact that earning growth has slowed down. So, to that extent, to expect the markets to do very well again in 25 is going to be a very difficult task,» says Ashwini Agarwal, Founder, Demeter Advisors. Heading into next year do you believe it is going to be a year of defensives or do you think the cyclicals will be taking over and if you are liking something from the cyclical space right now, other than your usual defensives, just give us a sense of what is looking attractive on that front as well. Ashwini Agarwal: So, my sense is that sectorally, it is very hard to make broad brush recommendations because by and large, stock prices are very well discovered. So, banking and finance is one space, healthcare and pharma is another space. Normalisation of margins in a post-COVID slump of margins for midstream pharma or for speciality chemicals is another space. So, those are some of those spaces that I am looking at. Otherwise, it is more bottom-up.

iPhone users more than Android users for the same rides? Recent tests conducted by The Times of India (TOI) suggest this might not just be a conspiracy theory.

ACC Ltd. traded at Rs 2083.10 on BSE at 11:11AM (IST) on Thursday, 0.18 per cent from previous close. The stock quoted a 52-week low price of Rs 1867.15 and a high of Rs 2843.00.

Domestic benchmark index NSE Nifty fell 11.15 points to 23738.8, while the BSE Sensex traded 16.45 points down at 78456.42.

Lupin Ltd.(up 1.11 per cent), Gland Pharma Ltd.(up 0.65 per cent), Cipla Ltd.(up 0.35 per cent), Sun Pharmaceutical Industries Ltd.(up 0.26 per cent) and Dr. Reddy's Laboratories Ltd.(up 0.26 per cent) were among the top gainers.

Subscribe to enjoy similar stories. A car and driver had been readied to whisk Jason Bannan from FBI headquarters early one morning in August 2021 to brief the White House on a novel virus that was killing hundreds of thousands of Americans and had stopped the world in its tracks. Bannan had been told by his superiors to be on hand in case the Federal Bureau of Investigation was asked to join a top intelligence community briefing for the president.

Ceigall India are likely to remain in focus today as Ceigall Ludhiana Bathinda Greenfield Highway, the company’s subsidiary has executed a concession agreement with the National Highways Authority of India (NHAI) for a project worth Rs 981 crore. “In accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that 'CEIGALL LUDHIANA BATHINDA GREENFIELD HIGHWAY PRIVATE LIMITED, subsidiary of the company has executed the Concession Agreement with the National Highways Authority of India on 24th December 2024,” said the company in an exchange filing.

Amber Enterprises may remain in focus in Thursday’s trading session. The company clarified that, as of date, no consideration has been given to demergering its electronics division. “We wish to apprise the exchange that the Company has several subsidiaries, and it evaluates various strategic opportunities from time to time for their growth and expansion in the ordinary course of business including but not limited to various fund-raising activities,” said the company in its filing to the exchanges.

Delhivery has stepped up its outreach to small and medium businesses (SMBs) in smaller towns, sensing a growing opportunity as local businesses seek to tap customers beyond their towns and states.

Donald Trump issued starkly contrasting Christmas messages Wednesday, with the latter doubling down on recent comments about seizing the Panama Canal, buying Greenland and annexing Canada.

India is set to lead global oil demand growth until 2035, according to a recent report by the International Energy Agency (IEA).

Ekadashi is an important fasting day in the Hindu tradition and is dedicated to Lord Vishnu. Also called as Pausha Ekadashi or Posh Mas, is an auspicious day for spiritual growth, seeking forgiveness, and purifying oneself. Saphala Ekadashi falls on the 11th day Ekadashi of the Krishna Paksha in the Hindu month of Pausha, which is going to be observed on December 26, 204.

Subscribe to enjoy similar stories. While the winners among asset classes keep rotating every year, the absence of any such pattern over the past 10 years (see chart) reinforces the importance of asset allocation in building a balanced portfolio. Here’s a quick look at the performance of different asset classes in 2024.

Subscribe to enjoy similar stories. Several Hindi films starring popular actors have made little progress since their announcement, and continue to remain in cold storage, as producers struggle to find OTT buyers and are unsure of what will work at the box office.

hidden cash trails in the books of large wedding planners in Jaipur, the tax men have stumbled upon something they least expected: Cryptos.

Kansas City Chiefs playing, there's nothing more like it. The game against the Steelers was quite tough for the Chiefs but they managed to claim an outright victory through their gritty defense and a big pass rushing game.