Performer Financial News

Investors are facing a myriad of uncertainties that pose substantial risks to the stability and performance of global markets – but as ever where there are risks, there are also significant opportunities.

Dwarka Expressway is the new growth engine of the Millennial City, Gurgaon. Also called the New Gurgaon region, there is a tremendous spotlight on the region, which has further increased in the wake of the completion of the 8-lane expressway.

Given that the valuations of small-caps and mid-caps are elevated, investors should look at multi-cap funds to diversify across market segments and ensure some systemic risk is mitigated, say experts. The investment mandate for multi-cap funds warrants that a minimum of 25% be invested in each of the three market cap segments, irrespective of market conditions, to generate optimal returns.

The Nifty IT index has given a staggering 25% returns year-to-date (YTD) despite periods of downturns, outperforming the benchmark Nifty 50 by more than 7%. Similarly, the BSE IT index has rallied more than 26% in 2023, compared with the 16% gains in Sensex. But if one looks at the performance of the sector, then the outperformance is not broad-based among stocks. Smallcap stocks have given stellar returns and outperformed the largecap peers by a wide margin. Atleast 19 smallcap IT stocks gave multibagger returns of upto 513% in 2023, data by Ace Equity showed.

Neel Nanda, a 32-year-old stand-up comedian of Indian descent, known for his appearances on 'Jimmy Kimmel Live!' and 'Comedy Central's Adam Devine's House Party,' has passed away. The late comedian's manager Greg Weiss confirmed the news on December 24. The cause of his death has not been publicly disclosed. Expressing deep shock and sadness, Weiss described Nanda as not only a talented comic but also a remarkable person with a promising future ahead.

power of compounding is so profound that it is often referred to as magic. From mutual fund brokers to Warren Buffett – all tend to laud its power. Albert Einstein once famously said that compound interest is the eighth wonder of the world.

Arbaaz Khan embraced a new chapter in his life on Christmas Eve, exchanging vows with make-up artist Shura Khan in an intimate ceremony held at the Mumbai residence of his sister, Arpita Khan Sharma. The couple, who met on the sets of Arbaaz's upcoming movie 'Patna Shukla,' shared the joyous news on their Instagram pages, expressing gratitude for the presence of their loved ones.

Santa Claus rally, typically associated with an upsurge in stock prices in the last five trading days of December and the first two days of January, may have already played out in Nifty ahead of its time, but the stage looks set for smallcaps. A study of the performance of Nifty Smallcap 100 during these 7-day periods over the last 11 years shows that the index has delivered positive returns every single year during the last five trading days of December and the first two days of January. Last season's Santa rally was the best in recent times, as the smallcap barometer jumped 7% in 7 days. “Nifty Smallcap 100 index has never closed in the red during this period in the last 11 years. Thus, one must watch out for a Santa rally in smallcaps during this period,” Apurva Sheth of SAMCO Securities told ETMarkets. Just like smallcaps, the bluechip Nifty, too, has a track record of giving positive returns in the last 19 out of 22 years. “Thus, data indicates a strong reason to believe that the index could continue this trend this year, too.

Tulsi Diwas is a day in the Hindu calendar dedicated to the worship of Goddess Tulsi. Tulsi is one of Hinduism's most sacred plants. People worship Tulsi Mata on this auspicious day, lighting earthen lamps, offering prayers and seeking blessings of the goddess. This day falls on Chaturdashi Tithi of Shukla Paksha in the month of Margashirsha, which is today (December 25, 2023). Chaturdashi Tithi starts on December 25, 2023 — 05:55 AM this year.

last Budget before general elections, Santosh Singh, fund manager of Motilal Oswal AMC, doesn't anticipate a multitude of significant announcements to be made. Apart from his expectations from the interim Budget and government's focus on manufacturing and development, he deconstructs the stupendous spike shown by the market and its likely reasons. Among many positive things likely to happen next year, the IT sector is expected to beat the expectations, says Santosh Singh in an email interview with Mint.

real estate investment trusts (REITs) offer an indirect yet accessible way to invest in real estate, allowing individuals to benefit from property income and appreciation without direct ownership responsibilities. REITs provide liquidity and portfolio diversification in the real estate market, added Navin.

IRCTC share price: After ushering in financial year 2023-24, Indian Railway Catering and Tourism Corporation (IRCTC) shares have been in continuous uptrend. IRCTC share price bottomed out at around ₹560 apiece levels at the end of March 2023 and since then it has remained an ideal buy on dips stock for Indian stock market investors. Last week, IRCTC share price touched 52-week high on two straight sessions on Monday and Tuesday.

market. The red soldiers would fade away, leaving investors to enjoy nothing but a continuous increase in their bank balances. In bull markets, there’s a tendency to adopt the notion that earning profits in the market requires minimal effort.

2024 Lok Sabha elections. The party which was unable to repeat its government in Karnataka, was able to wrest power from Congress in Rajasthan and Chhattisgarh and comprehensively retain power in Madhya Pradesh. BJP deployed its 'Modi ki Guarantee' tactic which ensured a sweep in Hindi Heartland states.

Wall Street strategists are issuing forecasts for the performance of the stock market in 2024. Pay them no mind. The predictions are usually wrong, and when they're right it's only by accident. Consider their prophecies for 2023. At the end of 2022, strategists predicted that the S&P 500 would end 2023 at 4,078, a gain of 6.2% from where it started, according to data from Bloomberg. At the moment, the market is above 4,700, a gain of more than 22%.

Narendra Modi will virtually address a programme and distribute dues worth Rs 224 crore pertaining to workers of Hukumchand Mill in Madhya Pradesh's Indore city on Monday. The PM will participate in 'Mazdooron Ka Hit, Mazdooron ko Samarpit' event to be held at Kankeshwari ground via video conference and hand over a cheque of Rs 224 crore, an official release said.

There has been much debate over the sovereign credit rating India deserves. New Delhi has long lamented that rating agencies have been unjust in assigning the country their lowest investment grade. Re-examining Narratives: A Collection of Essays, released last week by the Chief Economic Advisor’s office, attempts to explain why these agencies are wrong.

Twitter, in which workers claim that the company promised but never paid millions of dollars in bonuses. In June, Mark Schobinger, a former senior director of compensation for Twitter who lives in Texas, sued the company, claiming breach of contract under California law. The company has its headquarters in San Francisco.

Donald Trump asked an appeals court in Washington on Saturday night to toss a federal indictment accusing him of plotting to overturn the 2020 election, arguing that he was immune to the charges because they arose from actions he had taken while he was in the White House. The weekend filing to the U.S. Court of Appeals for the District of Columbia Circuit was the latest salvo in a long-running and crucial battle between Trump and the special counsel, Jack Smith, over whether the former president enjoys immunity to the election interference charges.

OML Entertainment is driving an aggressive revenue growth strategy as it enters new international markets, grows its artist management roster, and develops diverse content for top streaming platforms, Gunjan Arya, chief executive of the company told ET. The company had a top line of over ₹330 crore in FY23 and expects a significant jump in FY 24, Arya said. In FY23, the digital entertainment company recorded a strong double-digit growth in revenue mainly on the back of its strong performance internationally in the branded content segment and tours by its artists. Arya said the company's objective in FY24 has been to maintain profitability and competitiveness in its three key verticals — artist management, content production, and brand solutions. She said OML also sees big opportunities in untapped markets like Japan and China. «Our artist management has expanded its roster with diverse talents, the OTT content segment is poised for success with upcoming releases, and our branded content initiatives continue to make remarkable strides in both domestic and international markets,» Arya said. OML, which started as an artist management company, has over the years pivoted to content production in a big way, even as it strengthens its position in the artist management and branded content segments.

But the challenge is part of why Alvarez, 29, likes to knit presents. Since 2020, she has knitted about a dozen gifts for her family each year for the holidays. This year, she made five pairs of mittens, four hats, a stuffed fox wearing a reindeer-patterned dress, and a sweater for her father's large French bulldog. «I'm a little nervous it won't fit him,» she said of the dog sweater, her first. «But I'm hoping for the best.»