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Stock Market News: After an extended weekend, this week will see a number of noteworthy events for the domestic equities market, with the budget taking centre stage. Experts note that the finance minister's hint of a low-key, vote-on-account budget, however, points to a lack of big decisions.

Catch Live Market Updates here Both the domestic benchmark indices dropped around 1.3% in the holiday-shortened week gone by. On January 25, the Sensex fell 359.64 points, or 0.51%, to 70,700.67, while the Nifty 50 ended 101.35 points, or 0.47%, lower 21,352.60. Nifty 50 formed a small negative candle on the daily chart with a minor lower shadow.

By or sell stocks for today: Despite strong Asian cues, the Indian stock market ended lower on Thursday. The Nifty 50 index lost 101 points and closed at the 21,352 level, the BSE Sensex shed 359 points and finished at the 70,700 mark while the Bank Nifty index ended 216 points lower at the 44,866 level.

Also Read: Week Ahead: Interim Budget 2024, US Fed Policy, Q3 results, auto sales among key market triggers this week 360 One Wam: The company has declared an interim dividend of ₹4.50 per equity share. 360 One Wam shares will trade ex-dividend today. In a stock exchange filing, 360 One Wam said: “We are pleased to inform you that the Board of Directors of the 360 ONE WAM LIMITED (formerly known as IIFL Wealth Management Limited), at its Meeting held on January 18, 2024, has declared fourth interim dividend for the financial year 2023-24, of Rs.

Indian Stock Market: A tough battle unfolded in the market as the Nifty remained highly volatile throughout the day. The sentiment may continue to lean towards the bears as the Nifty struggled to surpass the 21500 mark, where call writers held substantial positions. Looking ahead, the trend is likely to remain sideways, fluctuating within the range of 21300 and 21500.

Higher Education Institutions (HEIs) in the country will no longer be given grades under the accreditation system, rather they will be categorised either as «accredited» or "not accredited", the National Assessment and Accreditation Council (NAAC) decided on Saturday. In an executive council meeting held on Saturday, the NAAC also decided that the accredited institutions will be further given levels between one and five to encourage them to achieve the highest level.

BSE Sensex which logged its worst performance since the week ending October 27, dragged by information technology (IT) stocks. On the stock-specific front, IFCI, Mangalore Chemicals, Rail Vikas Nigam Ltd, MTNL, Borosil Renewables, HFCL, MSP Steel and Power, RailTel Corporation, JK Tyre & Industries, NBCC (India), Oswal Greentech, and others are among the smallcaps that logged a double-digit rise in their share prices last week. Domestic equity benchmarks Nifty 50 and Sensex have fallen about 1.3 per cent each over the three sessions this holiday-truncated week, logging their worst performance since the week ending October 27.

Weekends are all about downtime. After a week full of work to meet deadlines, everybody needs some breather to relax and recuperate. From watching a favourite web series to planning a vacation, weekends are designated as family and me time. Salone Sehgal, founding general partner, Lumikai, talks to BrandWagon Online about his weekends, favourite vacation destination and more.

Every investor dreams of reaching the golden number – their first one crore. Why is the one crore figure so important? It’s a milestone that represents financial stability and achievement.

retail lending is increasingly posing concerns for the banking industry, arising from a potential systemic risk. The non-mortgage lending growth of banks and NBFCs has been growing at 25-30% YoY, mainly led by credit cards, durables, autos, personal loans, education loans, and others. A recent RBI research delves into the empirics of retail credit growth and concludes that the quality of retail loan portfolio is healthy across banks, product categories, and borrower risk classes, even as growth continues to surge. But it warns that some subcategories, mainly credit cards and vehicle loan portfolios, show signs of weakness, and need close monitoring. The broader message of this study is that there are incipient concerns about rising credit risks from rampant retail lending by banks and NBFCs. However, the fact that the RBI’s research recommends further regulatory tightening to contain the spillover effect aligns with our fervent alerts on exuberant retail lending. Considering RBI’s latest study, the announced and prospective regulatory tightening, and our assessment of the economic cycle, the headwinds for the Indian banks and lending industry will likely intensify.

Sudha Murty, who is well-known for her strong recommendations on lifestyles said that she asked Akshata and Rishi to be just honest with their work in helping the nation and ignore what people are saying. "I always tell them [Akshata and Rishi], people talk because of your position. And if you're honest, if you're helping your country, your job - what you're doing - people will always talk.

Porinju Veliyath raised his stake in smallcaps Kerala Ayurved, Aurum Proptech and PG Foils in the December-ended quarter while slashing his holdings in Duroply Industries and Orient Bell during the three-month period. His investments in these stocks is either in his name or in the name of his fund management firm Equity Intelligence India Private Limited. Veliyath raised his stake in Kerala Ayurved by 164 bps to 4.82% in the quarter ended December 30, 2023. At the end of the September quarter, he held 3.18% stake in the company.

Yes Bank Q3 result: Net profit at Yes Bank is at ₹231 crore, and the NII is up 2.3 percent at ₹2,016.8 crore, the company reported in its Q3 results on January 27, 2023. Yes Bank's net profit of ₹231.6 crore, fell short of market estimates set at ₹415.1 crore. The gross non-performing assets (NPA) of the bank remained at 2 percent, showing no change from the previous year.

MintGenie, Monga said that reviving expired incentives, such as tax breaks, is crucial for affordable housing. As Budget 2024 approaches India’s real estate scenario amid an upcoming election year, the focus is on potential changes to home loan interest rates under Section 24 of the Income Tax Act. Currently capped at ₹2 lakh, experts suggest raising the limit to at least ₹5 lakh.

Multibagger stock: Money is not in buying and selling stocks but in waiting. That's why, a smart investor often advises new stock market investors to maintain a 'buy, hold and forget' strategy after choosing a stock for investment. This helps an investor to reap long-term benefits like dividends, bonus shares, stock splits, etc., and of course the compounding benefit on one's investment.

Budget 2024, will be presented by the finance minister, Nirmala Sitharaman, on February 1, 2024. As always, all quarters of the economy has certain expectations from the Budget. A few key steps that would help to rationalise and simplify taxes are as follows: Rationalise and simplify withholding tax provisions TDS/TCS on purchase/sale of goods It is recommended that the TDS provisions of section 194Q and TCS provisions of section 206C(1H) be made applicable only to payees or payers who are not registered with GST. This will then align with the Government’s intention of widening and deepening the tax net. Alternatively, instead of TDS/TCS, the purchasers/sellers may be required to file Annual Information Returns. Also, in view of divergence between definition of ‘goods’ under Sale of Goods Act and GST law, ‘goods’ may be defined precisely with exclusion for items like shares, securities, foreign currency and actionable claims.

Buy or sell stocks: Despite strong sentiments in the Asian stock market, the Indian stock market ended lower on Thursday. The Nifty 50 index lost 101 points and closed at the 21,352 level, the BSE Sensex shed 359 points and finished at the 70,700 mark while the Bank Nifty index ended 216 points lower at the 44,866 level. Broad market indices fared better than the Nifty and the BSE Smallcap index ended in the positive even as the advance-decline ratio remained positive at 1.27:1.

mutual fund units, if you have invested in them, instead of redeeming them. This stands to serve two purposes. One, you get to pocket the gains accrued on your fund units without having to redeem them in the first place.

Arvind Kejriwal government is expected to table the 2024-25 budget of the city government on February 17. According to officials, the focus of the budget is likely to be on health, education, roads and infrastructure. It will be the first budget presentation by Delhi Finance Minister Atishi, who was given the finance portfolio last year.

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If you notice that your clothes are not as clean as they used to be, it could be due to mineral build-up inside your washing machine. This build-up, known as scaling, can also affect the internal components and lead to expensive repairs. It can cause issues such as water leakage, poor performance, and even physical damage to parts. To avoid these problems, it is important to clean your washing machine regularly. Step 1: Common household items that can be used for descaling washing machine Before embarking on your washing machine revitalization journey, make sure you have the following supplies on hand: