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mutual funds and the prevailing conditions in the stock market. According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.

Congress delegation led by Leader of Opposition in the Lok Sabha Rahul Gandhi will visit the violence-hit Sambhal on Wednesday, with police and administration geared up to stop them before reaching the district. Prohibitory orders, including a ban on the entry of outsiders, are in place in Sambhal. Last week, several Samajwadi Party (SP) MPs were stopped from entering the district. Curbs under Section 163 (power to issue order in urgent cases of nuisance or apprehended danger) of the Bharatiya Nagarik Suraksha Sanhita (BNSS), which were set to expire on Sunday, have now been extended till December 31 in Sambhal. Sambhal District Magistrate Rajendra Pensia on Tuesday wrote a letter to the police commissioners of Gautam Buddh Nagar and Ghaziabad and the superintendents of police of Amroha and Bulandshahr districts, urging them to stop Gandhi at the borders of their districts keeping in mind the «communal sensitivity» of Sambhal.

IndiGo claims could mislead consumers.

Subscribe to enjoy similar stories. Elon Musk’s record-breaking Tesla compensation package has hit another roadblock, after a Delaware judge on Monday again rejected the pay deal, now worth nearly $100 billion. The ruling presents a dilemma for Tesla’s board of directors, who had warned that Musk’s pay package as CEO is vital to keep the serial entrepreneur’s attention on the carmaker at a time when electric-vehicle sales are under pressure.

Defence stocks will be in spotlight on Wednesday after the Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for five capital acquisition proposals worth over Rs 21,772 crore. This included the procurement of Water Jet Fast Attack Crafts, Fast Interceptor Craft, Electronic Warfare Suite, Next Generation Radar Warning Receiver and Advanced Light Helicopters.

Vedanta shares are in focus today, December 4, after Crisil Ratings upgraded its rating on the company's long-term bank facilities and debt instruments from 'AA-' to 'AA'. The upgrade reflects improved capital structure, better financial flexibility, and robust volume growth. Crisil highlighted significant improvement in Vedanta's consolidated operating profitability (EBITDA) and reduced debt and leverage below rating thresholds as key factors behind the revision.

equity markets, our NRI clients have raised some concerns about the near to medium term outlook for Indian assets in their portfolio,” says Samir Bahl, CEO — Investment Banking, Anand Rathi Advisors. In an interview with ETMarkets, Bahl said: “Over the long term, we strongly believe that the India story is going to play out very well with aggressive reforms expected to be pushed through by the government” Edited excerpts:

Indian market is likely to consolidate on Wednesday tracking mixed global cues. The Nifty future closed positive with gains of 0.43% at 24,534 levels on Tuesday. India VIX fell more than 2% to close at 14.37 in the previous session.

A federal judge is considering imposing millions of dollars in sanctions on Byju’s manager Vinay Ravindra and company ally Rajendran Vellapalath, who founded Dubai-based tech startup Voizzit Technology. At a court hearing Tuesday, US Bankruptcy Judge John T. Dorsey said he will issue an “order to show cause” that would force the two tech executives to justify their actions, or be declared in contempt of court and be required to pay financial penalties.

hold call on RBL Bank with a target price of Rs 160. The current market price of RBL Bank is Rs 155.95. RBL Bank, incorporated in 1943, is a banking company (having a market cap of Rs 9477.41 Crore). RBL Bank's key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2024.

Bank stocks are in the spotlight on Wednesday, December 4, after the Lok Sabha passed the Banking Laws (Amendment) Bill, 2024 on Tuesday during Parliament's winter session, introducing significant changes to banking regulations. «Banks are being professionally run today. The metrics are healthy so they can go to the market and raise bonds, raise loans & run their business accordingly,» said Finance Minister Nirmala Sitharaman in her address at the Lower House of the Parliament.

Use encryption. During a call with reporters on Tuesday, Cybersecurity and Infrastructure Security Agency official Jeff Greene said Americans should know that «encryption is your friend» and that «our advice is to avoid using plaintext.»

travel this year. The 2024 AirHelp Score report has ranked airlines globally based on a comprehensive methodology evaluating customer experience, operational efficiency, and feedback. The rankings cover data from January to October. According to AirHelp CEO Tomasz Pawliszyn, the goal of the rankings is to «encourage airlines to continuously listen to passenger feedback.» Among Indian carriers, IndiGo, the country’s largest airline by market share, ranked poorly at No. 103. The low ranking is attributed to its underwhelming performance in customer satisfaction and flight disruption claims.

Indian Navy Day, observed annually on December 4, commemorates the valor and commitment of India’s naval forces. This year marks the anniversary of Operation Trident, a landmark naval mission carried out during the 1971 Indo-Pak war that showcased the strategic brilliance of the Indian Navy. In 2024, the Navy Day celebrations are set to take place in Puri, Odisha, with President Droupadi Murmu as the chief guest. Admiral Dinesh K. Tripathi, the Chief of Naval Staff, will host the event. The ceremony will feature a grand display of the Indian Navy's technological advancements and operational capabilities, reaffirming its critical role in safeguarding India’s maritime borders. Indian Navy Day 2024 theme This year’s theme, “Strength and Power through Innovation and Indigenisation,” emphasises the Navy’s focus on enhancing defense capabilities through self-reliance and cutting-edge technology.

NSE SME platform Thursday. The Rs 98 crore SME IPO received a massive subscription of over 300 times at close, driven by strong bidding from retail and non-institutional investors. Firstly, here's how you can know the status on NSE

The Indian delegation was led by Piyush Srivastava, Joint Secretary, Europe West, Ministry of External Affairs, and Vishwesh Negi, Joint Secretary, International Cooperation, Ministry of Defence, according to the Ministry of External Affairs press release. Representing the UK were Ben Mellor, India Director, Indian Ocean Directorate, Foreign, Commonwealth & Development Office, and Shimon Fhima, Director Strategic Programmes, Ministry of Defence.

Subscribe to enjoy similar stories. Indian stock market’s benchmark index Nifty50 extended its gaining momentum for three consecutive sessions. The index gained around 181 points or 0.75% and formed a bullish candle with a higher-high and higher-low price structure.

HEG and Graphite India, surged in Tuesday's trading after China introduced a stricter review process for end-use of graphite exports to the US. Analysts said sentiment in these shares perked up on expectations restrictions by China could drive up demand for Indian graphite makers. HEG's shares soared 14.2% while Graphite India gained 9.1%. Key indices rose 0.7% each, while the BSE 500 index gained 0.8%.

Bharti Airtel and Tata Communications amid a data centre boom. Opportunities are also opening up for neutral players such as Sify Technologies and Lightstorm — that offer cheaper landing infrastructure in India compared with telecom incumbents such as Airtel and Tata Communications, say industry insiders. Google is set to commission its Blue-Raman Submarine Cable System in Mumbai in the first quarter of 2025, people aware of the development told ET. The $400-million, 218-Tbps (terabits per second) capacity project entails investment by Italy's Sparkle too, among others. With Blue and Raman, Google now has 18 investments in subsea cables globally.

Adani Group, currently facing impropriety allegations involving one entity of its diversified business empire, is now on a stronger footing than when the to-date unproven charges by US short-seller Hindenburg dramatically shrank the conglomerate's market value early 2023, global brokerage Bernstein said, citing both operating and financing metrics. The brokerage referred to a lower quantum of pledged shares, stronger debt coverage ability, and better relative valuations for some of the companies to justify its current assessment of the group, after billionaire founder Gautam Adani and his nephew Sagar Adani were indicted late November on alleged impropriety charges by the US Department of Justice.

HDFC Bank, Hero MotoCorp, Reliance Industries, Manappuram Finance, Muthoot Finance, Brigade Enterprises, Canara Bank and Greaves Cotton among others planning listings, with more to follow, bankers said. Subsidiary public issues enable independent capital raising, benchmark readiness and cash generation for parents via offers for sale, aiding deleveraging, capital expenditure or dividend payouts. Investors gain access to focused, growth-driven, pure-play businesses, according to bankers.