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Indian Institute of Technology (IIT) campuses have remained in a steady zone, when compared to offers made in 2022 and 2021, as per a Careernet analysis, The Economic Times reported. Notably, the median cost-to-company (CTC) is registered at ₹20 lakh per annum (pa), a bit lower than FY23's ₹22 lakh pa offers, but higher than ₹19 lakh pa offered for FY22. The highest offer during this round of recruitment was ₹3 crore, up from ₹2 crore in FY23.

India CPI inflation may breach RBI's 6% tolerance band in November, says Barclays After the RBI's pause on interest rates, the US Fed is also expected to maintain a pause on Wednesday, December 13 even as inflation remains above its 2 per cent target and the job market remains resilient. Also Read: US Fed meet this week: Cooling inflation, resilient jobs market - will Fed hold rates steady? Reuters reported, quoting CME FedWatch Tool, that traders widely expect the Fed to leave rates unchanged at 5.25-5.50 per cent this week and are pricing in an about 77 per cent chance of a rate cut in May. Gold prices tend to gain when interest rates come down.

₹1,827.50 apiece. This downturn came after 3.01 crore shares of the company changed hands in a block deal window on Tuesday. The total worth of the transaction was around ₹5,550 crore.

₹6,765 per share during Tuesday's intraday trade. This surge followed the company's announcement that its wholly-owned subsidiary, Padget Electronics Private Limited, secured a manufacturing contract from Lenovo for IT hardware products, i.e., laptops and notebooks, under the Production Linked Incentive 2.0 Scheme (“PLI"). The finalisation of this agreement is expected through the signing of a definitive agreement.

equity market universe of India, mid-caps and small-caps have had a good run-up this year in terms of pricing or share value. This run-up presents both a threat and an opportunity. Mainly, if you can read the economic tea leaves and know your investment priorities, the shoals in the mid-cap and small-cap ocean can be navigated.

₹443.85 in early trade on BSE on Tuesday, December 12, a day after the company announced the launch of a qualified institutional placement (QIP) issue. The securities issuance committee of Sterling and Wilson Renewable Energy authorized the opening of the issue on Monday, December 11, 2023. Shares of the company jumped 5 per cent on Monday.

₹1,475 against the previous close of ₹1,488.60 and fell 1.4 per cent to the level of ₹1,468.50 within the first 10 minutes of the trade. "The board of directors took note of the resignation of Nilanjan Roy as Chief Financial Officer and key managerial personnel of the company with effect from March 31, 2024.

Materials Project and other groups have helped develop 28,000 new materials till date. But this is an expensive and time-consuming process, and researchers may find it difficult to develop radically different structures since they mostly work with existing materials. Recently, though, Google unit DeepMind Technologies’ AI tool, called Graph Networks for Materials Exploration (GNoME), helped create 2.2 million crystals, of which 380,000 are stable materials.

While the early part of 2024 for Indian markets is set to be influenced by the Union Budget and the general elections, stronger economic growth and improving earnings outlook should bode well for equities over the next one year, says Shreyash Devalkar, Head — Equity, Axis Mutual Fund. “There is a possibility of increased FII flows in 2024, given expectations around political stability and peaking/falling interest rates, especially towards the second half of the year,” Devalkar said in an interview with ETMarkets. Edited excerpts: With 2023 drawing to a close, how does 2024 look up for the Indian equity market? What are the key factors that will drive inflows? Heading into 2024, we must remember that 2023 was good for the market and there could be bouts of consolidation.

PMS funds gave double-digit returns of up to 24% and outpaced smallcap funds. Credent Asset Management’s Growth Portfolio multicap strategy topped the list, giving 24.3% returns in a month, according to data shared by PMS Bazaar. Carnelian Asset Advisors, run by market expert Vikas Khemani, saw its multicap strategy give nearly 14% returns in one month.

Nifty50 hitting a record high on Tuesday, following gains in Asian peers ahead of key inflation data and the US Federal Reserve policy decision. The BSE Sensex was trading 76 points or 0.11% higher at 70,005, while Nifty50 was trading at 21,028, up 31 points or 0.15% at around 9.23 am. The current rally is bolstered by strong macroeconomic data, a decline in crude oil prices, favourable global interest rate outlook, the resurgence of foreign inflows and sustained inflows from domestic mutual fund investors. From the Sensex pack, Tata Steel, JSW Steel, M&M, ITC, and Asian Paints opened higher, while Infosys, L&T, Bharti Airtel, Titan, and NTPC opened with cuts. Dixon Technologies shares rose over 6% after the company's unit secured a manufacturing contract from Lenovo to make laptops and notebooks under the production-linked incentives (PLI) scheme. Rail Vikas Nigam (RVNL) also surged 4% after the joint venture of the company emerged as the lowest bidder for a project worth Rs 543 crore. Mankind Pharma shares fell nearly 5% amid reports of a block deal executed on the counter. Sector-wise, Nifty Media surged 2.34% and Nifty FMCG gained 0.7%. Nifty Bank and Nifty Financial Services also opened higher.

Gold prices edged higher on Tuesday after hitting a three-week low in the last session, as the dollar eased, while investors awaited key U.S. inflation data and major central bank policy meetings for interest rate clues. FUNDAMENTALS * Spot gold was up 0.2% at $1,985.49 per ounce as of 0113 GMT, after hitting its lowest since Nov.

Oil prices held steady on Tuesday ahead of key interest rate policy and inflation data announcements, and amid doubts that production cuts by OPEC+ next year would offset crude oversupply and weaker fuel demand growth. Brent crude futures for February were flat at $76.03 a barrel as of 0103 GMT, while U.S.

inflation report later in the day that will set the tone for the week filled with central bank meetings. The U.S. Federal Reserve is widely expected to hold rates on Wednesday, with the spotlight squarely on comments from Chair Jerome Powell during his press conference as well as the central bank's dot plot and summary economic projections.

Sensex breached a new milestone of 70,000 points before closing 102 points higher, while Nifty settled just shy of the 21,000 mark on Monday. Stocks that were in focus included names like Dr Reddy's, which fell (5%), Praj Industries, which rose 7.2%, and IRFC, whose shares increased 7.64% on Monday. Here's what Avdhut Bagkar, Derivatives & Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today. Dr Reddy's Laboratories Shares of Dr Reddy's Laboratories have broken the 50-simple moving average (SMA) and 100-SMA, with volumes staying high on the selling side. The stock may lose shine if it fails to show strong recovery in the next two to three sessions. The next support exists at 5148, its 200-SMA. To recoup the losing bias, the stock now needs to surpass 5600 with uncompromising volumes. Dixon Technologies Following an accumulation around 6000 level, the price action has broken out on the upside steering fresh rallies for the coming sessions.

The dollar rose about 0.9% on the yen overnight. At 145.96 yen it is about 3% above a low touched last week after remarks on the challenging outlook from Bank of Japan Governor Kazuo Ueda were taken as a hint that a policy shift was imminent. Bloomberg reported on Monday, citing sources, that BOJ officials see little need to rush out of negative rates, triggering a reversal of the yen's rally and gains in Japan's stock and government bond markets.

Parliament Winter Session LIVE The new bills were introduced in Parliament during the Monsoon Session on August 11 to repeal and replace three British-era laws. Shah reiterates jibe targeting Nehru over PoK: ‘Hum dil bada nahi kar sakte’ Later, the bills were referred to the department-related Parliamentary Standing Committee on Home Affairs on August 18 for consideration.

Buy or sell stocks for today: Indian stock market continued its ritual of touching new highs with BSE Sensex and Nifty 50 indices crossing 70,000 and 21,000 mark respectively. Nifty 50 index remained range-bound throughout Monday session but ended with marginal gains at 20,997 levels, BSE Sensex gained 102 points and finished at 69,928 mark while Bank Nifty index added 52 points and closed at 47,314 levels.

Sensex and Nifty crossing 70,000 and 21,000 mark on Monday. Analysts said strong domestic economic growth along with return of FIIs will drive the market higher in the coming months. «However, for the next few days markets are likely to consolidate in a range given global central banks are set to announce policy outcome this week,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded higher by 4.5 points, or 0.02 per cent, at 21,145.50, signaling that Dalal Street was headed for muted start on Tuesday.

Azure Power Global, owned by Canada's CDPQ and OMERS Infrastructure, has received support from 99% of bondholders for its proposal to repurchase a portion of bonds issued by two of its units at their face value. The company had on November 28 initiated a consent solicitation process to buy back bonds with a total value of $60 million issued by two special purpose vehicles: Azure Power Solar Energy and Azure Power Energy, as reported by ET. Proposal looked to amend certain terms for 2024 and 2026 notes.

Jindal Stainless, Punjab National Bank, BHEL, and Oberoi Realty are anticipated to be included in the MSCI Standard index during the February 2024 index reconfiguration, as per estimates by Nuvama Alternative & Quantitative Research. These four stocks could potentially witness inflows ranging between $140 million and $150 million each if included in the MSCI index. The global cut-off period for the selection of stocks to the MSCI Global Standard index spans from January 18 to 31.