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Pinterest (NYSE:PINS) has been lifted to Buy from Hold at Argus in a note Thursday, with the firm assigning the stock a $45 per share price target.

Also Read: IRFC, RVNL, and Mazagon Dock jump up to 13% to their respective new highs; gave multibagger returns in last 1 year Amid this backdrop, multiple PSU companies saw their market capitalisation crossing a significant ₹one lakh crore level. Currently, 17 PSU companies boast a market capitalisation above ₹one lakh crore, and eight of them joined this club in the past year. These companies include IRFC, Bharat Electronics, Bank of Baroda, REC, Punjab National Bank, Union Bank of India, Power Finance Corporation, and Hindustan Aeronautics.

Ayodhya Ram Mandir: As the eagerly awaited 'Pran Pratishtha' ceremony at the Ram Mandir in Ayodhya approaches on January 22, devotees are preparing for a spiritual journey to witness this historic event. Alongside the excitement, it's crucial to observe a dress code that reflects cultural sensitivity and respect for the sacred atmosphere of the temple. Ayodhya Ram Mandir: Dress Recommendations for Men Dhoti: A traditional and respectful choice, a white or off-white dhoti worn around the waist is commonly embraced by men visiting Hindu temples. Kurta-Pyjama: A loose-fitting kurta paired with pyjama bottoms, especially in lighter colours, provides comfort and cultural appropriateness for temple visits. Traditional Indian Attire: Opt for a Sherwani or achkan paired with churidar or traditional pants for a formal and respectful appearance, especially on special occasions. Mundu: In South India, the mundu, a garment similar to a dhoti, is a preferred choice, typically in white or off-white hues. Simple Cotton Attire: Clean and well-ironed simple cotton clothing is encouraged, maintaining a neat and respectful appearance in the temple. Avoid Shorts and Sleeveless Tops: Shorts and sleeveless tops are generally not deemed appropriate for temple visits.

Budget 2024: EzeRx, a medtech company, on Thursday urged policymakers to prioritise preventive health infrastructure, local manufacturing, and mass anemia reduction in the Interim Budget 2024.

₹5,000 crore giant with 15-20% growth potential, needs a clearer regulatory framework to flourish," Tushar Bhandari, Whole Time Director, AABL, opined. Also Read | Alco-bev industry in tight spot over shrinking margins as states keep MRP constant: ISWAI's Nita Kapoor The alcobev industry currently faces a challenge where it pays Goods and Services Tax (GST) on the procurement of raw materials, packing materials, and services.

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Dolly Khanna portfolio: Amid Q3 results season, retail investors and stock market observers are busy scanning the portfolio of ace investors. A retail investor scans the portfolio of ace investors because it gives them an idea about the direction in which the smart money has flown in the recently ended quarter. This also helps them understand the portfolio stocks on which, an ace investor is bullish, bearish, or neutral.

Reliance Industries will post its quarterly earnings report card on Friday. The expectations from Reliance Industries' consolidated December quarter performance remains a mixed bag with the Oil to Chemical (O2C) segment likely to see some pressure. The consumer-oriented retail and Jio (telecom segment) may see a steady quarter, and partially offset the weakness in Oil to Chemicals business.

Mihir Vora, veteran fund manager and the Chief Investment Officer (CIO) of TRUST Mutual Fund believes the Interim Budget 2024 will unlikely have big-bang announcements but the government may announce the continuation of the current initiatives and schemes. He expects capital expenditure for infrastructure like roads, railways, water, power and defence to increase and there may be some tweaking of the slabs for income tax to boost consumption. In an interview with Mint, Vora also shared his views on the markets and sectors to watch.

Swastika Investmart. The Union Budget has always been one of the major trendsetters for the Indian market. Budget day is usually synonymous with market volatility.

hit a new high, small and midcaps are believed to be overpriced, leaving investors wary to invest more in equity. Given all this, where should investors invest their money in 2024? We asked a few experts where should one invest if they have ₹5 lakh and they believe a large majority of this sum should be allocated to large-cap mutual funds, while the remainder in debt securities.

Benjamin Franklin says: "An investment in knowledge pays the best interest". It highlights the importance of gaining knowledge before you start something, whether your investments or anything else. Hence, if you are beginning your investing journey in 2024, you must understand some personal finance ratios and rules.

Pidilite Industries Ltd. traded 1.63 per cent down at Rs 2715.2 at 12:35PM (IST) on Thursday, even as BSE benchmark Sensex dropped 259.38 points to 71241.38. The stock had closed at Rs 2760.3 in the previous session.

Q3 results today: Amid high volatility on Dalal Street, bulls are expecting Q3 results 2024 to provide some support to the buyers as most of the analysts are recommending stock specific approach in the current market scenario. For such investors who believe in stock stock-specific approach, a total of 22 listed companies are going to declare their respective Q3 results today. Those 22 listed companies include IndusInd Bank, Polycab India, Tata Communications, Poonawalla Fincorp, Metro Brands, Finolex Industries, Mastek, South Indian Bank, etc.

₹3,070.55 apiece on the BSE. On January 17, Asian Paints shares fell 1.66% after the company reported its Q3 results. Asian Paints posted a net profit of ₹1,475.16 crore for the quarter ended December 2023, registering a growth of 34.4% from ₹1,097.06 crore in the year-ago period.

ICICI Prudential Life Insurance share price cracked almost 10 per cent in early trade on BSE on Thursday, January 18, a day after the company announced its December quarter (Q3FY24) earnings. ICICI Prudential Life Insurance share price opened at ₹464.90 against the previous close of ₹515 and soon plunged to hit its 10 per cent lower circuit of ₹463.50. ICICI Prudential share price traded 7.52 per cent lower at ₹476.25 around 9:40 am.

“70-75% of the portfolio in our view should be in largecaps. Remaining should be largely in small caps and only very high conviction should be held in mid-caps,” says Varun Saboo, Head — Equities, Anand Rathi Shares and Stock Brokers. In an interview with ETMarkets, Saboo said: “There could be some element of populist measures as well which could aid consumer stocks in the near term,” Edited excerpts: The market seems to have climbed all wall of worries to hit fresh highs in the first week of January 2024. But, the voice is getting louder both domestic and global that these valuations are unsustainable. What is your take? Varun Saboo: We are definitely in one of the strongest runs, something which hardly anyone would have envisaged. However, in terms of valuations, there are a lot of midcaps that are trading rich and leave little room for upsides.

The Nifty future closed negative with losses of 2.01% at 21587 levels on Wednesday. India VIX was up by 11.13% from 13.57 to 15.08 levels. Positive setup was seen in stocks like LTTS, OFSS, Birla Soft, BHEL, Persistent Systems, L&TFH, Lupin, Torrent Pharma, Coforge, Godrej Properties, and IOC. On the weekly options front, the maximum Call OI is placed at 21800 strikes and then towards 22000 strikes while the maximum Put OI is placed at 21500 strikes and then towards 21300 strikes. Call writing is seen at 21800 then 21700 strikes while minor put writing is seen at 21550 then 21400 strikes. “Options data suggests a broader trading range in between 21200 to 22000 zones while an immediate trading range in between 21400 to 21800 zones,” Chandan Taparia, Senior Vice President | Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a Bearish candle on the daily scale on Wednesday and negated the sequence of higher lows of the last four trading sessions,” he said. “Now till Nifty holds below 21700 zones, weakness could be seen towards 21450 and 21300 zones while on the upside hurdle shifts lower at 21700 and 21850 zones,” recommended Taparia. We have collated a list of stocks from the F&O basket along with cash market from various experts for traders who have a short-term trading horizon:

Day trading guide for today: Following weak global market sentiments on disappointing Chinese economic data and geopolitical tension in the Middle East, the Indian stock market fell on the second day in a row. Nifty 50 index registered the biggest intraday fall since 13th June 2022 due to the panic selling across the board led by banking stocks. The 50-stock index crashed 460 points and closed at a 21,571 level, BSE Sensex tanked 1,628 points and closed at a 71,500 level whereas the Bank Nifty index nosedived 2,060 points and finished at 46,064 mark.

Sensex cracked 1,628.01 points, or 2.23%, to end at 71,500.76, while the Nifty 50 ended 460.35 points, or 2.09%, lower at 21,571.95. Nifty 50 formed a reasonable negative candle on the daily chart with a long upper shadow. The huge opening downside gap remains partially filled.