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₹57,313 crore worth of Indian equities and the total inflow stands at ₹77,388 crore as of December 22, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. FPIs heavily bought stocks in banking and IT segments, according to analysts. "FPI inflows which were negative in the previous 3 months have sharply turned positive in December.

mutual fund portfolio is not so tough in today's time. However, choosing the right funds, right allocations and right investment goals is something that comes with experience in the market. The ever-so-volatile nature of stock markets may sound scary at first but with the right strategies you can achieve decent returns without doing much. In an ET Markets exclusive interview, Chethan Shenoy, Executive Director & Head of Research & Product at Anand Rathi Wealth Ltd opened up about the strategies that investors can use to create a stable fund portfolio in 2024. Edited excerpts: Q. What is the first step when it comes to portfolio creation? Always set a target and an EMF alpha target. For example, a 12% portfolio return target and a 3% equity MF alpha target above the Nifty 50. The next step is deciding on asset allocation. You must opt for asset classes that have a low correlation. Debt and Equity have a low correlation, and a combo of these two assets can help in targeting a return of around 12% based on your horizon of investment. EMF has delivered an average return of 12-13% over the long term, and Debt MFs have approximately delivered a 7% return. In the Debt portion, consider funds with a roll-down strategy or arbitrage funds. Gains from arbitrage are treated as equity gains, qualifying for a lower tax rate as compared to normal debt funds.

Azad Engineering IPO: Bidding for the initial public offering (IPO) ended on 22md December 2023 and now those who have applied for the public issue are eagerly waiting for announcement of Azad Engineering IPO allotment date, which is most likely on 26th December 2023. In three days of bidding, Azad Engineering IPO subscription status informs that the book build issue got subscribed 80.65 times. Meanwhile, despite record subscription status, grey market sentiment has gone down in regard to Azad Engineering IPO.

Ola Electric IPO: SoftBank Group-backed e-scooter maker company filed DRHP (Draft Red Herring Prospectus) with market regulator Securities and Exchange Board of India (SEBI) on Friday last week. The proposed public issue includes a fresh equity share release of up to ₹5,500 crore and an offer for sale (OFS) of 95,191,195 equity shares at a face value of ₹10 per equity share.

CBI inquiry into the alleged procurement and supply of «non-standard» drugs in Delhi government hospitals, Raj Niwas officials said on Saturday. When asked about the matter, Delhi Environment Minister Gopal Rai told that the government will come out with a detailed response. He also alleged that there is an attempt to obstruct the work of the government through such inquiries.

Stock market last week: After logging gains for seven straight weeks, key benchmark indices of the Indian stock market took a breather last week. Nifty 50 index ended 0.55 per cent or 113 points lower while BSE Sensex lost 257 points or 0.36 per cent in the previous week. Nifty Bank index lost 493 points or 1.03 per cent in last five sessions.

Gold prices finished above $2,000 for the fifth straight week, with Comex Feb futures ending the week at $2066.90, up by 2.4% as the dollar lost the plot to dip sharply to five-month lows of 101.4 level after the release of PCE data on Friday. Gold prices are up 13% ytd heading into the last trading week of the year. The 10-year US yields finished at 3.90 on Friday, recovering from the lows of 3.81% after the New homes sales data. The ten-year yields closed with a weekly loss of around 0.75%.

Happy Forgings IPO timeline After the allotment gets finalised, investors can expect the transfer of shares in their demat accounts on December 26, Tuesday. For those who did not get allotment, the refunds are likely to be made by Tuesday.

continue their run on Dalal Street, retail investors have more reasons to cheer than one. Sceptics may say that the music may stop anytime, but the optimists argue that it is hard to stop dancing when the music is still on. Both benchmark indices have hit their lifetime highs in quick succession on numerous occasions in the past couple of months.

Amitabh Kant committee. This move aims to bring relief to countless homebuyers who have been awaiting possession of their homes, some for over a decade. Below are five key points for homebuyers.

The IPO of Azad Engineering was subscribed 80.6 times on the last day of the bidding process. The category reserved for QIB was subscribed the most at 179 times, followed by NIIs at 87 times.

It is slated to be an interim budget since the Lok Sabha elections are scheduled for early next year. The budget-making process usually begins in September, over six months before the date of presentation. Making a budget is a time-taking process that entails numerous steps and consultations. Have you ever pondered the intricate process of crafting the budget? Comprising a multitude of financial proposals, its creation is no small undertaking.

This lack of discernment can lead to disappointment, as high return expectations clash with inadequate research. This article sheds light on a more structured approach – factor investing – to streamline the investment process and avoid falling into the trap of labelling the stock market as a mere ‘gambler's place’. What is Factor Investing? Factor investing involves attributing the returns of your equity portfolio to specific factors such as value, quality, volatility, and market capitalisation. These factors act as persistent and well-documented drivers of asset class returns, offering investors insights into expected returns and aiding in seeking outperformance or managing risks effectively. With the accessibility of exchange traded funds (ETFs), factor investing is no longer confined to the elite, presenting a balanced mix of passive and active investment management. Understanding Long-term Drivers of Equity Returns Value Factor This factor indicates that stocks with low P/E multiples or high earnings yield tend to offer higher returns, especially during stock market recoveries. Momentum Factor Strong price momentum effects have been observed in various asset classes globally, indicating that past winners continue to outperform losers. Growth Factor This factor gauges a company's potential based on historical or projected growth rates, signalling potential strong future stock price performance. Quality Factor The quality factor is based on complex accounting information, focusing on companies with little divergence between accrual and cash earnings. Size Factor Smaller companies, such as midcaps and smallcaps, are believed to outperform larger peers over the long run due to untapped markets and growth

insurance industry is proposing a dual structure in response to the regulator's pitch for an increase in the surrender value for non-participating policies, said people with knowledge of the matter. The insurers have suggested a higher surrender value for short-term policies while retaining the existing model for long-term ones as they attempt to comply with the consumer-friendly proposal and manage profitability as well. The insurers had met during a Life Insurance Council meeting earlier this week. A higher surrender value on nonpar policies, which guarantee survival or maturity benefit without depending on insurers’ profit, could lead to an increase in more people giving up on policies prematurely, according to the insurers.

SIM swappers are beginning to target crypto influencers ahead of the holidays, with some taking control of their high-profile accounts on X.

NEW DELHI: India’s audit regulator on Friday pointed to gaps and inadequacies in procedures followed and documentation of statutory audits done by top audit firms. The National Financial Reporting Authority (NFRA) issued its report after inspections at BSR & Co. LLP, Price Waterhouse Chartered Accountants LLP, Deloitte Haskins & Sells LLP, and SRBC & Co.

mental health and mood as Cameron Diaz says about normalising detached bedrooms. Cara Palmer, Co-lead author and assistant professor as well as the director of the Sleep and Development Lab at Montana State University in Bozeman, said: “We have discovered that all types of sleep loss which include completely deprived of sleep, loss of sleep partially, fragmentation of sleep, have led to changes in emotional states. The strongest effect seen on a consistent basis was that loss of sleep diminished positive state of mind. Moreover sleep loss led to increasing feelings of apprehension. She also concluded that at the time of experiencing of emotional situations in life, sleep deprived people responded differently than those who have got adequate amount of sleep and rest.”

₹1000 to ₹2000. These reasonably priced heating choices also referred to as "economic heaters," have become more well-known as economical alternatives to more expensive types. These budget heaters stand out among the top room heater prices under ₹2000 because of their excellent cost-effectiveness and efficiency balance.

Hero MotoCorp, Spandana Sphoorty, Larsen & Toubro, Dalmia Bharat, Tata Consumer, Syrma, Coal India, Prestige, Zomato, L&T Technology Services (LTTS) , Oil India, Sun Pharmaceutical, Kajaria Ceramics stand among top 14 picks of Motilal Oswal Broking and Distribution for 2024. The Brokerage expects India market outperformance to continue during 2024 led by strong macro and micro fundamentals.

Wipro, amid mixed global cues. Domestic market sentiment has been broadly positive lately on healthy macroeconomic prints. Also, global inflation going down globally and the US Federal Reserve saying they won't raise interest rates anymore have made investors even more positive.

₹1213. We are of the view that equity and other asset classes, such as debt, real estate, or gold, may provide investment opportunities during the calendar year 2024, which would give a decent return in the coming 2 to 3 years.