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CLSA maintained a buy rating on RIL, Goldman Sachs downgraded ONGC, BPCL, and IOC. Jefferies has a buy rating on Godrej Consumer and Nuvama upgraded Infosys to buy ahead of Q3 results.

Catch Live Market Updates here On January 9, the domestic equity indices failed to hold intraday gains and ended marginally higher after as fag-end selling dragged indices from day’s high. The Sensex closed at 71,386.21, up 31 points, or 0.04%, while the Nifty 50 settled at 21,544.85, higher by 32 points, or 0.15%. Nifty formed a reasonable negative candle on the daily chart with upper shadow.

BSE Midcap index ended with a slim gain of 0.07 per cent. However, the Smallcap index hit its fresh all-time high of 44,110.68 during the session, before ending with a gain of 0.37 per cent.

Quiver Quantitative — In the dynamic world of finance, bond markets are presenting a fascinating scenario for 2024. Pacific Investment Management, managing a staggering $1.7 trillion in assets, foresees a unique opportunity in bonds. Despite the steep decline in yields from last year's zenith, Pimco's recent cyclical outlook predicts bonds can still yield equity-like returns in the coming six to 12 months. This period is expected to sustain recent gains in the bond market, albeit without further extension, diverging from their October recommendation to increase interest rate exposure.

Manipur Chief Minister N Biren Singh has said that a committee comprising of all the tribal communities of Manipur will be formed to deliberate on demand for deletion/inclusion of Chin-Kuki from the Scheduled Tribes list of the state. The Committee’s report will be forwarded as proposals to the Union Ministry of Tribal Affairs. Union Ministry of Tribal Affairs had recently written to Additional Chief Secretary of Manipur to examine the representation seeking deletion of the “Nomadic Chin-Kuki” from the list of Scheduled Tribes in Manipur made by Maheshwar Thounaojam, National Secretary of the Republican Party of India (Athawale).

The Technology Advisory Committee of the US Commodity Futures Trading Commission (CFTC) has taken a significant step in addressing the challenges posed by decentralized finance (DeFi) by voting to submit a report urging the government and industry to prioritize understanding and regulating the sector.

Fresh from getting a big call right on yields toward the end of last year, former bond king Bill Gross just signaled he is now steering clear of Treasuries.

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Federal Bank Ltd. traded 1.03 per cent up at Rs 151.75 at 10:56AM (IST) on Tuesday, even as BSE benchmark Sensex gained 576.59 points to 71931.81. The stock had settled at Rs 150.2 in the previous session.

global markets, characterized by unexpected economic resilience in some regions and challenges in others. The year began under the shadow of slowing growth and recession concerns in major developed markets and, as it progressed, saw considerable inflation uncertainty, the war in Europe, and a new geopolitical flashpoint in the Middle East. Yet, by the end of the year, global equity markets, including India's, had soared to new heights, and the US Federal Reserve has given the markets a sugar rush by indicating a glide path to lower interest rates. The inescapable conclusion, as we hope our readers will infer, is that adhering to the fundamental principles of asset allocation remains the most preferred approach to investing. In this article we review the recent performance of key markets and portfolio strategies, and the optimal positioning for 2024.

markets as Nifty formed a strong bearish engulfing candlestick on the daily charts. This correction is on the expected lines as Nifty was at significantly higher levels than its 50-day mean price. In addition, the uncertainty around the corporate earrings may also play a role in the future movement of the market. However, these dips also offer a good opportunity and two stocks have formed a strong setup on the charts for further rally, giving a good risk-reward ratio.

Tata Motors, and Jefferies maintained a buy rating on Nippon AMC and HDFC AMC. Jefferies upgrades Mindspace REIT to a buy rating from hold earlier. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Catch Live Market Updates here On January 8, the domestic equity benchmarks ended significantly lower with losses of nearly 1% amid weak global cues and profit booking. The Sensex plunged 670.93 points, or 0.93%, to close at 71,355.22, while the Nifty 50 settled 197.80 points, or 0.91%, lower at 21,513.00.

Jyoti CNC Automation IPO: The initial public offering of Jyoti CNC Automation Limited has opened today and it will remain open for subscribers till 11th January 2024. This means the public issue will remain open from Tuesday to Thursday this week. The CNC machines maker company has fixed the Jyoti CNC Automation IPO price band at ₹315 to ₹331 per equity share.

By Abhirup Roy and Victoria Waldersee

Honkai Impact 3rd can enhance their gaming experience by redeeming codes to acquire Crystals, Asterite, Coins, and Valkyrie-leveling materials. These codes serve as valuable tools to boost progress within the game.

NEW DELHI : Mutual funds may get to invest in companies traded in Gujarat’s Gift City exchanges beyond the normal cap that applies for their overseas investments. The move comes at a time the government is opening up the special economic zone for direct listing of Indian firms. A 16-member expert panel appointed by the International Financial Services Centres Authority (IFSCA) last week recommended a special carve-out for mutual funds wanting to invest in Gift City.

Leading New Mexico lawmakers are recommending a 5.9% increase in general fund spending for the coming fiscal year amid a windfall in oil-related income

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Honasa Consumer jumped over 10% to hit their 52-week high of Rs 490 on the NSE on Monday following a block deal where over 32 lakh shares were reported to have changed hands. The floor price of the deal was Rs 437 per share, which is a discount of nearly 2% from the previous close of Rs 445.65. The total transaction value was Rs 142 crore, according to the media reports. The stock witnessed strong investor interest as nearly 51 lakh shares traded on the NSE around 2:35 pm.