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2024 Market Strategy: What investors should stay away from next year? The robust investor enthusiasm has translated into impressive subscription rates during the bidding process. Consequently, these SME stocks have made market debuts with substantial premiums, surpassing their issue prices by a considerable margin. Building on this momentum, the last week of 2023 will witness another six SME companies raising funds, while stocks of 10 companies are scheduled to make their debut on the exchanges.

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.

Lots of people log in to social media every day. Fewer and fewer are actually posting. Isaiah Hug spends roughly two hours a day scrolling through Instagram, but his last post to his main feed was over a year ago.

BSE website, the Motisons Jewellers share price will list on BSE and NSE on 26th December 2023 in the 'T' group of securities. Motisons Jewellers IPO listing will take place in a special pre-open session. "Trading Members of the Exchange are hereby informed that effective from Tuesday, December 26, 2023, the equity shares of Motisons Jewellers Limited shall be listed and admitted to dealings on the Exchange in the list of 'T' Group of Securities," BSE notice said adding, "The scrip will be in Trade-for-Trade segment for 10 trading days." Meanwhile, after the announcement of Motisons Jewellers IPO listing date, the grey market is signaling a strong debut of shares.

BSE website, Muthoot Microfin share price will list on BSE and NSE on 26th December 2023 in 'B' group of securities. Muthoot Microfin IPO listing will take place in a special pre open session during Tuesday deals this week. "Trading Members of the Exchange are hereby informed that effective from Tuesday, December 26, 2023, the equity shares of Muthoot Microfin Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities," BSE notice said.

Suraj Estate IPO: Listing date of the initial public offering (IPO) of Suraj Estate Developers Ltd has been fixed on 26th December 2023. As per the information available on BSE website, Suraj Estate share price will list on BSE and NSE on 26th December 2023 in 'B' group of securities. Suraj Estate IPO listing will take place in a special pre open session during Tuesday deals this week.

By Lewis Krauskopf

CBI inquiry into the matter. Saxena had recommended the probe into the alleged supply of drugs that «failed quality standard tests» and have the «potential of endangering lives» in Delhi government hospitals.

Muthoot Microfin listing: The shares of Muthoot Microfin will likely get listed on the exchanges on December 26. Ahead of the listing, the company's shares are commanding a premium of Rs 26 in the unlisted market. Considering the upper price band of Rs 291, the company's shares are expected to list with a mild premium of 9% on the exchanges. However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly. The Rs 960-crore IPO of Muthoot Microfin was subscribed 11.52 times at close.

The earnings growth of Nifty100 index in H1FY24 was 35%, while price performance was 15%, indicating undervaluation. We anticipate favorable returns on non-equity assets too, by taking low risk, including debt and commodities. High interest income and changes in monetary policy have improved the outlook for debt paper.

Indian stock market: The Nifty index displayed volatile movements on the last day of the week but managed to close above the crucial level of 21300. The lower-end support for the index is positioned at 21200, presenting a buying opportunity on any dips toward this level. Sustaining above 21300 could pave the way for further upside momentum, targeting the 21500 level.

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Hindalco Industries has seen its share price rise more than 20% during the period. Also Read- HFCL share price locked at over 7% upper circuit to hit 52-week high mark: What drove the rally? Nevertheless, on the Global front the demand growth has remained muted (around 2% in 2023 as per ICRA estimates). While the global copper demand was expected to get a boost by the opening up of China economy post easing of Covid-19 curbs at the start of 2023, the same however did not happen leading to disappointment.

As drugs like Ozempic and Wegovy rise in popularity, there have been increased calls about injectable drugs often used for weight loss to some poison control centres in parts of Canada, according to data gathered by Global News.

BSE Sensex reached a historic high of 71,913 points last week, concluding at 71,106, with a decline of 376.79 points, or 0.53%. Also Read: 27 Nifty 50 stocks recorded new all-time highs this year; will the rally continue in 2024? In the sectoral domain, Nifty FMCG, Nifty Oil & Gas, and Nifty Pharma saw gains of over 1%. Conversely, Nifty PSU Bank, Nifty Media, Nifty Auto, Nifty Metal, and Nifty Bank dropped between 1% and 3.08%.

New Year's Eve and in the wake of government warnings in recent weeks about the rising threat of Islamist violence. The police said in a statement they would use tracker dogs to check the cathedral after evening mass and then close it off. On Sunday, Christmas Eve, they would carry out a security check on all visitors, and recommended they get to services early.

BERLIN (Reuters) -German police said on Saturday they were heightening security at Cologne Cathedral following indications of an attack planned for New Year's Eve and in the wake of government warnings in recent weeks about the rising threat of Islamist violence.

Supreme Court has posted for hearing on January 24 a curative petition filed by the Maharashtra government challenging its May 5, 2021 judgment, which had held the Maratha reservation law unconstitutional. The curative petition is the last chance available to the people or parties in the case after the review petition is dismissed or has been exhausted. On May 5, 2021, the Supreme Court had struck down reservations for the Maratha community in colleges, higher educational institutions, and jobs, after noting that there was no valid ground to breach 50 per cent reservation while granting Maratha reservation. Challenging the May 5 verdict, the Maharashtra government had filed a review petition, which was also dismissed by the top court on June 23, 2021. Thereafter, it filed the curative petition. While rejecting the review plea, it had held, in a majority view, that the Centre alone was empowered to identify socially and educationally backward classes (SEBC) to include them in the Central List for claiming reservation benefits. The top court had also refused to revisit its 1992 Indira Sawhney verdict which fixed the ceiling limit for reservation at 50 per cent. The apex court had struck down the findings of the Justice NG Gaikwad Commission which led to the enactment of the Maratha quota law and set aside the Bombay High Court verdict which had validated the Maharashtra State Reservation for Socially and Educationally Backward Classes (SEBC) Act of 2018. The High Court had, in June 2019, reduced the quantum of reservation for Marathas from the 16 per cent recommended by the Gaikwad Commission to 12 per cent in education and 13 per cent in employment.

Chief Election Commissioner and other Election Commissioners (appointment, conditions of service and term of office) Bill, 2023, passed by Parliament fills a gap that parties, jurists, and activists often mentioned. It sets out a selection committee consisting of the prime minister, leader of the opposition in the Lok Sabha and a cabinet minister to recommend the names of CEC and ECs for appointment by the President. A designated search committee, headed by the Union law minister, will prepare a panel for consideration by the selection committee.

Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.