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MUMBAI : Asset allocation in equities should reflect the changes in market conditions. Unfortunately, a lot of investors have misinterpreted this as selling when the market goes up and buying when the market goes down," says Nimesh Chandan, chief investment officer, Bajaj Finserv Mutual Fund. The asset management firm was in the news recently for launching a balanced advantage fund (BAF), a type of hybrid mutual fund that invests in a mix of equity and debt securities.

The landscape of Indian higher education institutions (HEIs) is experiencing rapid evolution, propelled by factors such as changing student expectations, a renewed emphasis on research quality and innovation, burgeoning global collaborations, a fervent desire for international recognition and intense competition in the academic sector among both public and private players. This transformation is also fuelled by accrediting bodies and ranking entities like NAAC, NBA, NIRF, UGC and AICTE, which wield substantial influence, shaping the academic landscape in terms of peer standing, access to grants and funding, student preferences, branding, faculty recruitment and development, and the introduction of new courses.

NEW DELHI : Tomato, onion and potato (TOP) farmers battling frequent price crashes may have relief at hand, with the Centre working on a pilot scheme to remove logistics bottlenecks in these crucial perishable crops. The pilot will be conducted under the agriculture ministry’s market intervention scheme (MIS), two officials aware of the plan said.

NEW DELHI : The draft Broadcast Services (Regulation) Bill, 2023, floated by the ministry of information and broadcasting earlier this month, has sparked concerns around the creative freedom of streaming platforms. Several provisions appear to border on censorship, which OTT (over-the-top) services have so far been exempted from.

The Supreme Court of India has recently declined to consider a Public Interest Litigation (PIL) that sought to establish a comprehensive regulatory framework for cryptocurrency trading in India. This decision is notable as it highlights the judicial perspective on the legislative nature of cryptocurrency regulations.

SYDNEY (Reuters) — The Australian government will introduce legislation this week that would give the central bank's independent expert members more responsibility for setting interest rates with a new specialist monetary policy board.

Malaysia will scrap entry visa requirements for Indian citizens visiting the nation beginning December 1, Bloomberg reported, citing Prime Minister Anwar Ibrahim. Indian nationals may stay for up to 30 days visa-free, Anwar said in a speech at his People’s Justice Party’s annual congress in Putrajaya on Sunday. However, Indian nationals would be subject to security screening, he added. Along with Indian citizens, Chinese nationals will also be allowed visa-free entry from December 1, the prime minister said. Malaysia is counting on extra tourist arrivals — and their spending — to support economic growth. Anwar last month announced plans to improve visa facilities next year to encourage the entry of tourists and investors, “especially from India and China.” Malaysia will scrap entry visa requirements for citizens of China and India visiting the nation beginning Dec. 1, according to Prime Minister Anwar Ibrahim. Chinese and Indian nationals may stay for up to 30 days visa-free, Anwar said in a speech at his People’s Justice Party’s annual congress in Putrajaya on Sunday. This would be subject to security screening, he added.

Nearly 300 companies have debuted on the bourses in the 10 years to FY23, according to experts. An interesting trend that was observed in the IPOs that came this year is that the fresh issue as a percentage of total issue size is at 48% which is highest in the last 8 years, according to Edelweiss Mutual Fund. According to the fund house's chief Radhika Gupta, revival in domestic demand, high-capacity utilization, and improving consumer sentiments mean that more companies will be confident to go public. «Many firms are raising money for capex which is a positive sign. This capex will result in incremental sales for the next 3-5 years,» Gupta said. In the past week, five companies, including Tata Technologies, came out with their IPOs that garnered a record Rs 2.6 lakh crore in application amount. «The huge appetite for equities stems from the confidence that investors have in the India growth story and the large universe of fast-growing, well-managed companies, which are expected to deliver good profits,» said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Even after a deluge of IPOs this year, the pipeline ahead is equally strong with 77 DRHPs filed, 29 of which are approved while the rest await approval.

Gurunanak Jayanti. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed. The multi-commodity exchange will also be closed for the first half, but will remain open for the evening session from 5:00 pm.

Indian stock market: The Nifty has encountered difficulty surpassing the resistance range of 19850-19900. On the downside, 19700 has held as a near-term support level. As long as there's no breakout, the index is expected to continue moving sideways.

GST, Adhar (govt services), UPI, Datacentre), high infrastructure & govt pending, developing as a manufacturing hub, and sustainable practices to renewable energy as a future source of energy. In manufacturing, it includes sectors that will substitute for and augment new exports, including electric to engineering goods.

Tata Technologies are in high demand in the unlisted market with the GMP as high as Rs 412. Considering the upper price band of Rs 500, the stock is expected to list at a massive premium of Rs 82% over the issue price. However, it is important to note that grey market premiums are just an indicator of how the company's shares are stacked up in the unlisted market and are subject to change rapidly. The tentative allotment for the IPO is November 28 or even before and the listing will likely be on November 30. The Rs 3,042-cr IPO of Tata Technologies received bids worth over Rs 1.5 lakh crore. The overall subscription was nearly 70 times the shares on offer. The quota reserved for retail individual investors (RIIs) was subscribed 16 times, qualified institutional buyers 203 times, and NII 62 times. Analysts said the strong response for the IPO was due to attractive valuations compared to peers and Tata lineage, which enjoys strong brand value. Tata Tech's FY23 PE ratio stands at 32-33x, as against 105x for KPIT, 40x for L&T Technology Services, and 70x for Tata Elxsi.

Recently, the Tech sector (NYSE:XLK) achieved a new all-time high. Specifically, half the stocks listed on Nasdaq reached this milestone alongside one-third of those listed on S&P 500.

Congress leader who is a well-known legal expert, also pointed out that the BJP-led central government has not conducted a census as it should have in 2021, and may defer the decadal exercise till after the general elections next year. His statement came days after Bihar conducted a caste survey and recommended 65 per cent reservation for the deprived sections.

BSE Sensex logged its third successive weekly gain, supported by auto and pharma sectors. On the stock-specific front, Munjal Auto, Summit Securities, Talbros Auto, 63 Moons Tech, Tata Investment, GE Power India, PCBL, Titagarh Railsystems, DCX Systems, Railtel Corporation of India, Jindal Stainless, SpiceJet, MSP Steel & Power, Texmaco Rail, and others are among the smallcaps that logged a double-digit rise in their share prices last week. Markets consolidated in a narrow range and ended marginally higher, taking a breather after the recent surge.

Former union finance minister P Chidambaram on Saturday said that a caste survey was necessary before deciding on any reservation benefits and it should be conducted by the central government along with the census. In an interview to PTI, the Congress leader who is a well-known legal expert, also pointed out that the BJP-led central government has not conducted a census as it should have in 2021, and may defer the decadal exercise till after the general elections next year.

Arvind Kejriwal-led Delhi government's excise policy for 2021-22 allowed cartelization and favoured certain dealers who had allegedly paid bribes for it, a charge that has been strongly refuted by the AAP. ED, last year filed its first chargesheet in the case.

₹378 crore worth of Indian equities and the total inflow stands at ₹13,673 crore as of November 24, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. FPIs were net buyers till November 15, but reversed the selling trend and invested on November 15 and 16. During August, September October and till November 15, FPIs cumulatively sold stocks for ₹83,422 crore through the exchanges.

China. «The government is monitoring the situation. The ICMR and the Director General of Health Services are observing the surging cases of pneumonia in China, and necessary steps are being taken,» Mandaviya told reporters when asked about the outbreak which has caused global concern.

Stock market vs mutual funds: In the name of diversification, a stock market investor end up adding huge number of stocks in one's equity portfolio, which more look like a mini mutual fund instead of a stock portfolio. So, it is very important for an investor to keep limited number of stocks in one's portfolio and gain subastantially with rise in price of portfolio stocks. According to investment experts, one should have fair allocation of amount against each stocks while making one's stock portfolio.

Zoom, Teams, and Google Meet has become ubiquitous, reshaping the way we work, learn, and connect socially. However, recent scientific studies have raised alarms about the potential adverse effects of prolonged use of these tools on our mental and physical well-being. A study published in Nature, conducted by researchers from the University of Applied Sciences Upper Austria, delves into the impact of virtual meetings on the human brain and heart.