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India is monitoring the emergence of a new variant of Covid-19 with the Indian SARS-CoV-2 Genomics Consortium (Insacog), the network of laboratories set up to monitor genomic variations of the coronavirus, set to meet on Friday to review the situation. So far, Insacog has not found anything «unusual», a member of the network said, adding «there is nothing to panic». A case of JN.1 subvariant of Covid-19 was detected in Kerala, the Union health ministry said on Saturday. The case was detected in an RT-PCR positive test sample from Karakulam in Thiruvananthapuram on December 8, it said.

The S&P 500 (SPX) closed 2.5% higher last week, which marked the 7th straight week of gains. The index is now very close to posting fresh record highs as it returns to trade above 4700 for the first time since January 2022. Overall, the S&P 500 is up about 15% from the October lows.

Washing Machine in the context of the broader range of front load washers available. It aims to guide potential buyers in making an informed decision by comparing key features, performance metrics, and user experiences. Also Read: 10 best 5-star washing machines: Here are top energy-efficient picks Say goodbye to hassle-free laundry days with the Samsung 6.5 kg, fully automatic front-load washing machine.

Nestle India has fixed January 5, 2024, as the record date to determine eligible shareholders for the stock split announced by the company in October. In October, the board approved splitting shares of face value Rs 10 into 10 shares of Rs 1 face value each. The company received shareholders’ approval for the same earlier this month.

Directorate of Estates' December 11 order be set aside or, in the alternative, Moitra be allowed to retain possession of the accommodation till the results of the 2024 Lok Sabha elections are declared. Moitra was held guilty of «unethical conduct» and expelled from the Lok Sabha on December 8, 2023 for allegedly accepting gifts from businessman Darshan Hiranandani and sharing her user ID and password of the Parliament website with him. She has already challenged her expulsion in the Supreme Court after the Lok Sabha adopted the report of its ethics committee recommending her ouster.

Nifty on Monday ended 38 points lower to form a Bullish Harami candle on the daily chart. The index made lower tops and also closed below the 20-day moving average. “We believe that the markets have taken a breather after the sharp rise seen last week. So any corrections are likely to be short-lived and can be utilised to buy into quality stocks. Immediate resistance is now at 21,483,” said Subash Gangadharan, senior technical and derivative analyst at HDFC Securities. On the hourly charts, RSI indicator saw a bearish crossover within the oversold zone, hinting at a waning bullishness in the market, analysts said. OI data showed that on the Call side, the highest OI observed was at 21,500 followed by 21,600 strike prices while on the Put side, the highest OI was at 21,300 strike price. On the other hand, Bank Nifty has support at 47,650-47,500 while resistance is placed at 48,100 and 48,200 levels. What should traders do? Here’s what analysts said:

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Cloud kitchen startup Curefoods has invested Rs 10 crore in restaurant and food discovery platform Hogr on Monday. Bengaluru-based Hogr allows users to discover new restaurants and dishes through personalised recommendations from mutual connections and individuals with similar taste preferences. The platform provides suggestions for dining choices and helps build a broad food network through a recommendation system.

Zuari Industries (ZIL), the holding company of the well-established and diversified Adventz Group, spiked 4.8% in today's trade, reaching a new 52-week high of ₹217.60 apiece. The stock has demonstrated significant gains in the last four weeks, gaining 40.36%. It is worth noting that the stock has zoomed 101.4% from its March 2023 low of ₹104 apiece to trade at the current market price of ₹209.55.

Christmas and New Year. Planning the perfect holiday requires careful consideration and thoughtful preparation to ensure a seamless and enjoyable experience. While traveling with your loved ones on Christmas or New Year's eve surely sounds exciting, it comes with a whole lot of planning.

MphasiS Ltd. traded 1.44 per cent up at Rs 2694.45 at 02:06PM (IST) on Monday, even as BSE benchmark Sensex dropped 106.54 points to 71377.21. The scrip had closed at Rs 2655.95 in the previous session.

Suraj Estate Developers was subscribed 30% so far on Monday, the first day of the bidding process. The issue closes on Wednesday. While the retail portion was subscribed 55%, the NII category was booked 11%.

Bharat Forge Ltd. rose 0.74 per cent to Rs 1205.85 in Monday's trade as of 01:40PM (IST) even as the benchmark Nifty ruled at 21422.7, down 33.95 points. The scrip had closed at Rs 1196.9 in the previous session.

₹155 in first week of February and since then it has been climbing to new highs on a regular basis. Following this trend, BoB share price today surged to a new 52-week high of RS 227.55 apiece on NSE and came close to its life-time high of ₹228.90 per shares that it had made in January 2015. So, while climbing to a new 52-week high, BoB share price came close to 9-year high during Monday stock market deals.

National Pension Scheme (NPS) by adhering to KYC norms. The NRIs can make contributions to NPS from their NRO/NRE account. While investing depends on individual financial goals, risk tolerance, and investment preferences, Kurian Jose, CEO, of Tata Pension Management listed some reasons for NRIs to consider investing in NPS NPS is designed as a long-term retirement planning tool.

₹655.6 apiece, surpassing its previous record high of ₹650. The stock has experienced a notable uptrend this month, registering a gain of 15.45%, snapping a two-month declining trend. Nevertheless, looking at the yearly performance, the SBI stock has yielded a return of 6.33% in CY23 so far.

Geojit Financial Services pointed out that two significant factors are driving the ongoing strong rally in the market. One, FIIs (foreign institutional investors) have turned big buyers having invested around ₹20,000 crore, including bulk purchases, in the last two weeks. Second, the rally is being driven by segments like banking and IT which were underperformers for quite some time.

Small cap and mid cap category were the worst hit in 2023. Both the categories had around 83% underperformance. There were around 24 small cap schemes in the market and 20 schemes failed to beat their respective benchmarks in 2023. There were around 29 mid cap schemes in the market and 24 schemes failed to beat their respective benchmarks.