Performer Financial News

HCL Technologies, HSBC maintained a buy on Zomato, Morgan Stanley maintained an overweight rating on Bank of India and Jefferies maintained a buy on Bharti Airtel. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

A stable economy, coupled with impressive tax collections in GST as well as advance income tax should give the current government the power to maintain its capex investments in the Budget, says Vinay Jaising, managing director and co-head, portfolio management services at JM Financial Services. “Capex investments have grown 5.6x in the last decade and now account for 3.3% of the GDP. This should enhance in both the interim and the final budget for the year,” Jaising said in an interview with ETMarkets. He also believes that 2024 would be the year for Indian equities on both an absolute and relative performance basis versus the rest of the world. Edited excerpts: With 2023 turning out to be one of the best times for Indian equities, did your manage to generate alpha returns for your clients? Vinay Jaising: In the last year, three out of four of our Discretionary platforms, which have over a year of history, outperformed the benchmark BSE 500 TRI Index handsomely from 2.6% to 6.9%; with the fourth being largely a market performer.

As investors await these results this week, a gauge of Indian tech shares has fallen for three straight weeks after rallying for the most part in 2023. The broader benchmark NSE Nifty 50 Index was also in the red so far this year after gaining 20% in 2023.

derogatory remarks against Prime Minister Narendra Modi, Maldives Deputy Youth Ministers Mariyam Shiuna, Mahzoom Majid and Malsha Shareef have been suspended indefinitely, but all three will continue to receive their salaries, the President's Office has said, Maldives local media Adhadhu reported. Providing further information about the suspensions, Maldives President's Office Communications Minister Ibrahim Khaleel told Adhadhu that the three deputy ministers were suspended indefinitely as a measure taken to look into the matter.

K-pop superstar and BTS member Jungkook has become viral for showing off toned physique. The viral clip from BTS documentary has gone viral on the social media. The documentary series «BTS Monuments: Beyond The Star» meticulously captures the extraordinary journey of the band, detailing their rapid ascent to fame and their enduring success. In the most recent episode, the band members offer glimpses into their personal spaces, witness Jin's head-shaving ritual for military enlistment, engage in thoughtful reflections on songwriting, and share their aspirations for the future.

 Evercore ISIs Mark Mahaney reveals why Amazon is a number-one pick for investors and breaks down Meta performance on The Claman Countdown.

By Jamie McGeever

India head coach Rahul Dravid confirmed on Wednesday that the team will persist with Rohit Sharma and Yashasvi Jaiswal as openers in the run-up to the T20 World Cup, underlining the importance of a left-right pair at the pole position. Rohit has returned to India's T20 scheme of things for the series against Afghanistan, beginning here on Thursday, after a hiatus of 14 months. His previous appearance was in the 2022 T20 World Cup semifinal against England at Adelaide.

CES 2024 has kicked off in Las Vegas

The new 2024 Chevrolet Blazer EV is one of the most intriguing electric vehicle debuts this year

In December 2023, Ripple (XRP), executed a significant transaction involving its XRP tokens. The company spent 240 million XRP, valued at approximately $148.80 million, strategically managing its escrowed reserves. This move left 96.34 million XRP in Ripple's principal spending wallet, marked «Ripple (1)», with an estimated value of $59.73 million, aimed at stabilizing the XRP market.

India Inc is likely to see a median pay hike of 9.7% in 2024, compared to 9.5% last year, said the survey, as companies try to balance a focus on cost management with a strong emphasis on retention of critical talent.

Recently, I watched a chat with Lieutenant General Kanwal Jeet Singh Dhillon in which he described an unusual situation. His wife had heard of his death, mistakenly, not once but twice in his career. When it happened the second time, he was a commanding officer in Kashmir and his family lived in a military station near Ranikhet in Uttarakhand.

Suchana Seth case. The Bengaluru-based entrepreneur is currently in the custody of Goa police for murdering her four-year-old son. Upon investigation, the police found that her startup — Mindful AI Lab was not a proper office but a co-working space, according to anIndian Express report. The accused is also the director of another Bengaluru-based machine intelligence firm, which was registered in September 2020 and is still active. Despite being listed as a research fellow at the Raman Research Institute from 2008-2011, she dropped out from there in 2010 according toIndian Express.

Nvidia (NASDAQ:NVDA) recorded an impressive 239% increase in 2023, pulling a good share of the S&P 500's 24% gain. But for those who thought the stock couldn't rally further, 2024 also started on the right foot for the AI giant.

RBC global strategists are optimistic about the market performance in the year ahead. Sector-wise, strategists maintained an overall positive outlook across sectors, particularly favoring Financials, Materials, Health Care, Energy, and Utilities for performance and valuations.

BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) in India. Investors place orders to buy or sell stocks through brokers, who execute these orders on the exchange. Stocks can be classified into two main types: Common Stocks: These represent ownership in a company and typically come with voting rights.

₹270, up from the previous ₹148. According to Bank of America, this adjusted target suggests a potential upside of 29% from Tuesday's closing levels. It's noteworthy that this revised target stands as the highest among all price targets set by analysts for Indus Towers.

₹194.40 apiece. In today's trade, a total of 42 million shares changed hands on both the NSE and BSE, marking a substantial 6.4-fold rise from the stock's average weekly volume of 6.5 million shares. Today's rally has also pushed the stock towards its all-time high of ₹228 apiece, a level last seen in January 2008.

In this comprehensive guide, we have curated a list of the best scanners for 2024 in India which are available on Amazon and are rated heartily by their users. We have ensured great attention to detail for their exceptional features and performance so that you can bring the best to your home. Let us explore the options that we see fit for purchase.

NTT Corporation has fully exited its 69.14% controlling stake in Pune-based IT consulting and services firm Nihilent Ltd selling it to the founder and promoter LC Singh. While the exact deal size was not disclosed, in mid-2022, NTT was seeking a valuation for Nihilent at around Rs 2,500 crore ($314 million then).