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Subscribe to enjoy similar stories. On Wednesday, 11 December, the market faced significant challenges after nearing the 25,000 mark. Global factors, particularly the aftermath of the US elections, dampened bullish sentiment, triggering a pullback.

Subscribe to enjoy similar stories. The Nifty50 continued to consolidate around its 50- and 100-day moving average (DMA) and traded in a narrow range for a fourth consecutive day. On Wednesday the index ended 0.13% higher in a lackluster trading session and formed a doji candle with a higher-high and higher-low price structure, indicating indecisiveness among buyers and sellers.

Research shows Americans are frustrated with what they perceive as aloofness and gridlock within civic institutions

mutual fund industry, Zerodha Founder and CEO Nithin Kamath said as he lamented inadequate number of Registered Investment Advisors (RIAs) and Mutual Fund Distributors (MFDs). While Zerodha offers direct plans, the entrepreneur acknowledged the role of MFDs in taking the industry forward and went on to recommend it as a «good career option». «Despite all the interest in the stock market after COVID, there are still only 5 crore unique mutual fund investors. I've said this earlier as well—one of the biggest challenges for the Indian markets is the lack of an advisory ecosystem with just about 900 RIAs,» Kamath tweeted.

Subscribe to enjoy similar stories. Companies facing charges of harming the environment have found relief in recent Supreme Court rulings which clarified that the National Green Tribunal (NGT) cannot impose penalties on firms based on their total revenue or solely on the recommendations of expert committees.

buying and selling in select heavyweight stocks. Stocks that were in focus include names like Greaves Cotton, which rose 18% and Mishtann Foods, which fell 9% and BEL, whose shares jumped 0.064% on Tuesday.

Vishal Mega Mart, which is a leading supermarket chain operator, will launch its Rs 8,000 crore IPO today. The issue, which is entirely an OFS of 102 crore shares, will be available for bidding till December 13. Since the IPO is entirely an OFS, the proceeds from the offer will go to the selling shareholders, in this case the promoter Samayat Services.

Canadian lawmakers took aim at the country’s widely used money-transfer service, run by Interac Corp., and hinted that its owners should be forced to sell it.

Adani Power Ltd. 1.16 per cent to Rs 529.45 in Tuesday's trade as of 01:58PM (IST) even as the benchmark Nifty ruled at 24526.05, 92.96 points. The scrip had closed at Rs 535.70 in the previous session. The stock quoted a 52-week low of Rs 430.85 and a high of Rs 896.75. The company quoted a market-cap of Rs 204417.76 crore on the BSE.

Check out the power bank here before purchasing:The Ambrane Solar 10K power bank comes with an interesting four-fold design. The design houses multiple solar panels for charging, and the power bank comes with a rugged design suitable for travellers and hikers.The build quality ensuresdiscourages any dents and scuffs. The rugged nature of the power bank is a good thing, but the plastic is not.

Queen Camilla cancels another appearance, raising concern among people. Due to a persistent chest infection that has kept her out of events for weeks, Queen Camilla has cancelled more planned appearances. Beginning in early November, Her Majesty cancelled a number of engagements. Buckingham Palace even released a statement stating, that Her Majesty The Queen's doctors have recommended a brief period of rest due to a chest infection that she is currently suffering from. Her Majesty regretfully had to cancel her plans for this week, but she sincerely hopes to recover in time to attend the Remembrance events this weekend as usual. She expresses her regret to everyone who might have been harmed or let down by this. She ultimately had to cancel the Remembrance events as well.

Manoj Kumar Jayaswal and its former director Ramesh Kumar Jayaswal in a coal scam case related to the allocation of Brinda, Sisai, and Meral coal blocks in Jharkhand. In its case registered in 2016, the CBI had alleged that the company obtained the coal blocks by misrepresenting its financial position, acquisition of land for its proposed end-use plant, and other related claims, a statement from the agency said. Forged documents were used to secure the recommendation of the Ministry of Steel, Government of India, for the allocation of the coal blocks, the CBI said. Special Judge Arun Bhardwaj convicted Nagpur-based Abhijeet Infrastructure Pvt Ltd (AIPL), its Managing Director Manoj Kumar Jayaswal and former director Ramesh Kumar Jayaswal of cheating, criminal conspiracy and using forged documents as genuine. Their sentence will be pronounced later.

large cap mutual funds have offered more than 20% return in 2024. There were around 30 funds in the large cap category in the mentioned period. WOC Large Cap Fund, the topper in the category, offered 25.75% return in 2024. Invesco India Largecap Fund gave 24.89% return in the mentioned period. DSP Top 100 Equity Fund offered 24.16% return in the said period, followed by Baroda BNP Paribas Large Cap Fund which gave 23.97% return in the same period.

SIP investments fared in 2024. The analysis of SIP performance showed that most of the schemes did exceptionally well and grew investors' wealth by more than 50% in 2024. On the other hand, only one scheme eroded investors' wealth by delivering negative returns in 2024. The SIP returns generated by equity mutual funds varied between 60% and -1% in 2024. Over 150 equity mutual funds gave more than 20% XIRR on SIP investments made on January 1, 2024. There were around 268 equity mutual funds in the mentioned period.

The Nifty future closed positive with gains of 0.04% at 24775 levels on Friday. India VIX closed at 14.14 in the previous trading session.

Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, recommends staying away from paint stocks. As far as the overall FMCG scenario is concerned, some stocks like HUL, Britannia, and others have corrected and look attractive at current valuations. Earlier rural demand was subdued and the companies suffered. Once rural demand picked up, unfortunately urban demand was subdued and they were suffering. But the festive season as well as the next quarter should be good for the FMCG companies and consumption is coming back at least as far as FMCG is concerned. General FMCG, whether it is HUL or Dabur or some of the other companies, even Godrej Consumer, look good at current levels. These market-related themes have really come back to the fore. I mean, yesterday you had a big breakout on the likes of an Angel One. You had a BSE hold out very well, CDSL, etc. Anything that you find interesting here? Sudip Bandyopadhyay: BSE definitely looks interesting. The valuation is not cheap. But the way CDSL is moving up and BSE holds a significant stake in CDSL, that adds to the momentum. Of course, the new changes which have been introduced by SEBI benefits BSE more than it does NSE and that is also adding a kind of fat to the fuel. So, BSE definitely, and overall market infrastructure companies from a long-term investor's point of view definitely look attractive. Somebody can buy it and decide to hold it for a long time, and they will keep getting decent returns from these companies even at current levels.

Subscribe to enjoy similar stories. The average amount of caffeine in an espresso shot is between 50-65mg. It is recommended that the amount of caffeine for adults through a day should not exceed 400mg.

US federal panel called Friday for legislation that would give regulators more authority over certain crypto assets, weeks before President-elect Donald Trump returns to the White House. Trump has vowed that the United States would be the «crypto capital of the planet,» and during his election campaign drew heavy financial support from cryptocurrency backers. On Friday, the Financial Stability Oversight Council (FSOC) recommended that Congress pass legislation «providing federal financial regulators with explicit rulemaking authority over the spot market for crypto assets that are not securities.»

Reserve Bank of India (RBI) has decided to float a new interest rate benchmark — the Secured Overnight Rupee Rate (SORR) — to capture the essence of the broader money markets and to improve credibility of the index. The new benchmark will be based on the secured money market transactions — both market repo and tri party repo (TREPS). Together, they account for 98% of overnight money markets and include participation from both banks and non-banks.

Subscribe to enjoy similar stories. With air quality deteriorating in cities, the question of how to live healthily becomes urgent, especially for those who cannot pack up and leave. When the air quality index (AQI) rises, the immediate priority is protecting physical health.

Indian market is likely to consolidate on Friday tracking mixed global cues. The Nifty future closed positive with gains of 0.87% at 24,775 levels on Thursday.