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The Financial Stability Oversight Council (FSOC) has renewed its calls for Congress to pass crypto legislation, according to their annual report released Thursday.

₹30,000" is such a range in which you can find a perfect microwave to cater to your culinary needs without breaking the bank. In this comprehensive guide, we bring you the 10 best microwaves under ₹30,000, carefully curated to meet the specific requirements of Indian households. Whether you are a busy professional looking for a quick meal solution, a home chef experimenting with recipes, or a family seeking convenience, our top picks are sure to delight you.

General Atlantic sold a nearly 10% stake in KFin Technologies through the open market on Friday, making a profit of Rs 851 crore. The private equity major sold 1,70,00,000 shares of the company at Rs 500.25 apiece, according to bulk deals data. Shares of KFin Technologies ended 3.2% down at Rs 514.75 on the NSE.

Jujutsu Kaisen" and «Spy X Family» Season 2 have headlined the 2023 anime season. Now viewers are eagerly waiting for the new releases in January in 2024. The anime landscape is experiencing significant growth each day, marked by the release of noteworthy masterpieces annually. As an anime draws to a close, it is common to encounter announcements for upcoming series or potential sequels.

Nifty on Friday ended 274 points higher to new lifetime high highs and formed a green candle on the daily and weekly charts. Further upsides are likely once the immediate resistance of 2,1492 is taken out. Caution is however warranted for the near term as the 14-day RSI at 84.93 is in overbought territory. Thus, any short-term corrections can be utilized to buy into quality stocks, said Subash Gangadharan, senior technical and derivative analyst at HDFC Securities. The 14-week RSI is at 75.87, which implies that it is not extremely overbought and there is scope for more upsides in the intermediate term. Option data reveal heavy writing in 21,100 PE and 21,200 PE and addition in 21,400 CE and 21,500 CE. What should traders do? Here’s what analysts said:

Karnataka News: Congress MLA from Hubballi-Dharwad (East) Prasad Abbayya has suggested that the Karnataka Mysuru's airport be renamed “Tipu Sultan Airport". The suggestion has drawn the ire of Bhartiya Janata Party (BJP) in the Karnataka Assembly. Prasad Abbayya came up with the proposal during a discussion about the state government writing to the Centre to change the names of airports.

Stock at 52 week high: LKP Finance shares are one of the multibagger stocks that Indian stock market has delivered in 2023. In year-to-date (YTD) time, this small-cap stock has risen from around ₹91.50 to ₹220.55 per share levels on BSE, logging around 140 per cent rise in this time. However, it seems that the stock has some steam left in it.

Mahua Moitra against her expulsion from Lok Sabha in a cash-for-query case. A bench of Justices Sanjiv Khanna and SVN Bhatti deferred the hearing, saying it had not gone through the case files. "I got the file in the morning; I did not have time to scan it.

Stock market today: Extending its bull trend for yet another session on US Fed rate cut buzz, Nifty IT index touched new life-time high for second day in a row on Friday. On Thursday, Nifty IT index had hit a new high of around 33,260 odd levels while Nifty IT index today climbed to a new peak of 35,655. All IT major like Tata Consultancy Services (TCS), Infosys, HCL Tech Tech Mahindra, Wipro, LTIM, etc.

Sensex beyond the 71,000 mark and making 21,000 the new pincode for Nifty, FIIs (foreign institutional investors) have been pouring in over Rs 3,900 crore daily on an average in December, making the 30-pack index stronger by 4,000 points so far in the month. NSDL data shows that in the first 10 days of the month, FIIs invested Rs 39,260 crore on Dalal Street. And now with the US Fed hinting at 3 rate cuts in 2024, the market could once again see a flood of foreign money chasing Indian stocks in the new year. The sharp uptick in FII flows comes after November's Rs 9,000 crore inflow and non-stop selling in September and October months. «This market has made a high despite the fact that we have yet to see significant FII inflows.

Metal stocks surged nearly 9% on Thursday amid fall in the dollar index after the US Federal Reserve kept rates unchanged while hinting at least three rate cuts next year. While it was okay to keep a positive view on the sector, a wait-and-watch strategy for now is the road forwards, told an analyst to ET Now. Dollar has declined 2.7% in the last three months, making dollar-priced commodities such as metals a lucrative buy for importers.

Sanjiv Bhasin, Director, IIFL Securities, says “I would stick with the largecap banks. ICICI and Kotak are looking very good on the largecap stocks and in the midcaps, AU Bank is making a fresh move. AU Bank has arguably become one of the fastest growing small scale MFSI, which has got the license and now growing very rapidly. Their cost of money has fallen. And now with bond yields moderating, I think their MSME book will expand very fast. So I would go with ICICI, Kotak and AU Bank where I feel that there is a lot of value at these prices.” Seems like celebration for equity markets almost on a daily basis! It was no different yesterday and in fact was quite a stunning move. One of the laggard sectors like IT made a comeback, across-the-board in largecaps, smallcaps and midcaps. Any opportunities here? Welcome to Santa Claus rally. So no complaints and enjoy the party as it stands and take advantage of any weakness in the stocks because 2024 is going to herald a very strong equity market, at least till we have volatility of the elections.

Texmaco Rail and Engineering jumped over 10% to hit a 52-week high of Rs 188.80 on the NSE after the company informed the exchanges about receiving an order for manufacturing and supply of 3,400 BOXNS wagons worth Rs 1,374.41 crore. The price action was supported by strong volume action with over 1.09 crore shares changing hands on the NSE around 10:10 am. Today's rally in Texmaco stock is its fourth in a row witnessing a rally for the fourth straight session. The multibagger railway counter has given returns of over 220% in the last 12 months, significantly outperforming the Nifty which has given returns of 15% during this time.

US Federal Reserve to cut rates next year. While foreign fund inflows and a weak greenback in the overseas markets strengthened the local unit, a recovery in crude oil prices weighed on the sentiment, forex dealers said.

India Shelter IPO: The initial public offering (IPO) of India Shelter Finance Corporation Limited Ltd opened for subscribers on 13th December 2023 and it will remain open till 15th December 2023. So, bidding for India Shelter IPO ends today. Hence, primary market investors have just one day in hand to apply for this IPO.

LTIMindtree Ltd. gained 3.07 per cent to Rs 6129.75 in Friday's session as of 10:35AM (IST) even as the equity benchmark Sensex traded 500.67 points higher at 71014.87. Earlier in the day, the stock witnessed a gap down start to the session.

Arvind with a buy rating, HSBC upgraded Colgate Palmolive India to a buy from hold earlier while it downgraded Nestle India to hold. Centrum Institutional Research initiated coverage on Ugro Capital with a buy rating. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: SPARK on Arvind: Buy| Target Rs 352 SPARK initiated coverage on Arvind with a target price of Rs 352.

While many sectors and themes have done well in 2023, HDFC Asset Management is positive on four major sectors, entering into 2024. “At the broader level, we are positive on sectors with good prospects of earnings growth and where valuations are reasonable,” said Rahul Baijal, senior fund manager – equities at one of India’s leading asset management companies. In his view, some of the large banks seem well placed given their strong balance sheets, healthy credit growth, good asset quality and reasonable valuations. Telecom and healthcare are the other two sectors that Baijal thinks look good from a medium to long term perspective. Edited excerpts. How does 2024 look up for the Indian equity market? What are the key factors that will drive inflows? Indian equities have done well in 2023 and are likely to end the year on a positive note, with all three market cap segments delivering positive returns. In my view, as we enter 2024, global macro factors may dominate local macro in the first half of the year. The nature of the slowdown in the US and the movement of the US 10-year yield is likely to continue to cause volatility, as has been the case in the recent months. Locally, the economy is in a good shape with healthy macroeconomic fundamentals.

Dolly Khanna, whose portfolio is managed by her husband Rajiv Khanna, have given multibagger returns inching up to 228% in 2023. Data available till the end of the September quarter on ACE Equity showed that Khanna owned 18 stocks in her portfolio out of which Chennai Petroleum, Talbros Automotive, Prakash Pipes, Tinna Rubber and Control Print have given multibagger returns this year. We have excluded stocks that were not owned by her. Prakash Industries has also given multibagger returns in the last one year but it is not considered in this list as the stock was not in her portfolio in December 2022. Chennai Petroleum Corporation Chennai Petroleum owns one of the largest standalone refineries in south India with a capacity of 10.5 mtpa.

Delta Corp, Hindustan Copper, Indiabulls Housing Finance, The India Cements, Manappuram Finance, Zee Entertainment Enterprises (ZEEL) and Steel Authority of India (SAIL). National Aluminium Company is out of the ban. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.

A federal judge has dismissed applications from the truck driver who caused the deadly Humboldt Broncos bus crash in Saskatchewan and was fighting deportation back to India. Jaskirat Singh Sidhu was sentenced to eight years for causing a crash that killed 16 people and injured 13 others.