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Gold prices increased Rs 250 to Rs 78,850 per 10 grams in the national capital on Thursday amid a firm global trend, according to the All India Sarafa Association. The yellow metal had settled at Rs 78,600 per 10 grams on Tuesday. Silver extended its rally for the third straight session by climbing Rs 300 to Rs 90,800 per kg on Thursday. The metal had ended at Rs 90,500 per kg in the previous close.

Prospectus (DRHP) with capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise Rs 792 crore through Initial Public Offering (IPO). The company focused on redevelopment projects in the luxury segment in the city’s western suburbs has already raised around Rs 400 crore through a private placement of 26.61 million shares at Rs 150 per share.

Shares of Phoenix Mills Ltd.(up 1.97 per cent), Oberoi Realty Ltd.(up 1.41 per cent) and Macrotech Developers Ltd.(up 0.79 per cent) ended the day as top gainers in the pack.

Delhi University is planing to introduce a PhD programme in Hindu Studies form the 2025-26 academic session, according to a proposal by a Standing Committee. The Governing Body of the Centre for Hindu Studies has recommended that the PhD programme be introduced in 2025-26.

Shares of Mahindra & Mahindra Ltd.(up 1.61 per cent), Maruti Suzuki India Ltd.(up 1.49 per cent), Apollo Tyres Ltd.(up 1.4 per cent), Bajaj Auto Ltd.(up 1.15 per cent) and MRF Ltd.(up 0.67 per cent) ended the day as top gainers in the pack.

RedTape has announced a 3:1 bonus share issue for its shareholders, along with a record date of January 3 to determine eligibility for an interim dividend of Rs 2 per share. “Subject to approval of Members of the Company, the Board has proposed to issue Bonus Shares to its equity shareholders in the proportion of 3: 1 i.e. 3 (Three) new fully paid-up equity share of Rs. 2/- (Rupees Two) each for every 1 (One) existing fully paid-up equity share of Rs. 2/- (Rupees Two) each,” the company informed the exchanges via a filing.

Tube Investments of India Ltd. rose 0.02 per cent to Rs 3580.00 in Thursday's trade. It hit an intraday high of Rs 3590.75 and low of Rs 3511.70, respectively, during the day. The stock quoted a 52-week high price of Rs 4807.05 and low of Rs 3338.80.

were among the top gainers.

Aravind Srinivas, the co-founder and CEO of Perplexity AI, stands at the center of a broader conversation on the contributions of skilled immigrants to the United States. Chennai-born Srinivas, who graduated from IIT Madras and later did his PhD from University of California, Berkeley, worked at OpenAI before launching Perplexity AI in 2022. Dmitry Shevelenko, chief business officer at Perplexity AI, pointed to Srinivas’s contributions, noting that the company’s growth under his leadership has created over 100 American jobs.

Colgate-Palmolive (India) Ltd. 0.51 per cent to Rs 2718.10 in Thursday's trade as of 11:36AM (IST) even as the benchmark Nifty ruled at 23750.85, 23.2 points. The scrip had closed at Rs 2732.05 in the previous session. The stock quoted a 52-week low of Rs 2380.05 and a high of Rs 3893.00. The company quoted a market-cap of Rs 73876.74 crore on the BSE.

Bharat Forge Ltd. 0.4 per cent to Rs 1317.50 at 11:31AM (IST) in Thursday's trade. The counter hit a high of Rs 1331.50 and low of Rs 1313.05 so far during the session. The stock had closed at Rs 1322.90 in the previous session. The counter had a total traded volume of 11:31AM shares so far with a turnover of Rs 0.97 crore on BSE. The stock traded at a price-to-earnings multiple of 66.51 and a price-to-book ratio of 7.33.

«But broadly, it is going to be a very challenging year because I do not expect significant returns at the index level in 2025 given how strong returns have been over the last few years and the fact that earning growth has slowed down. So, to that extent, to expect the markets to do very well again in 25 is going to be a very difficult task,» says Ashwini Agarwal, Founder, Demeter Advisors. Heading into next year do you believe it is going to be a year of defensives or do you think the cyclicals will be taking over and if you are liking something from the cyclical space right now, other than your usual defensives, just give us a sense of what is looking attractive on that front as well. Ashwini Agarwal: So, my sense is that sectorally, it is very hard to make broad brush recommendations because by and large, stock prices are very well discovered. So, banking and finance is one space, healthcare and pharma is another space. Normalisation of margins in a post-COVID slump of margins for midstream pharma or for speciality chemicals is another space. So, those are some of those spaces that I am looking at. Otherwise, it is more bottom-up.

Subscribe to enjoy similar stories. I remember my chemistry teacher writing a question on the blackboard, followed by five sacrosanct sentences! Writing those five points in the answer ensured we would get the maximum possible marks from the board examiner. This was almost ironclad, and you knew nobody could outscore you on that answer.

Subscribe to enjoy similar stories. Generative AI (GenAI) has shown immense potential since OpenAI’s ChatGPT gained over 100 million users within two months of its launch in December 2022. Unlike traditional machine learning (ML), which predicts data patterns, GenAI’s foundational models and large language models (LLMs) learn the structure of various data types—text, images, proteins, DNA, etc.—to create new content through prompts in natural languages like English or Hindi.

The announcement of the Union Budget 2024-2025, outlined an ambitious expenditure plan of ₹48.21 lakh crore, aimed at revitalizing industries with an ₹11.1 lakh crore capital investment in infrastructure, ₹2.66 lakh crore for rural development, and ₹1.48 lakh crore for the education sector, jobs, and skill development, aiming to foster technological advancement and equip the workforce with necessary skills.

However, elevated valuations and cheaper alternatives in other emerging markets, such as ASEAN and Latin America, could constrain these inflows.

The promoter group's stake will fall to around 80% after the IPO from nearly 92%. The company operates in a niche segment with high growth potential. It has among the highest margins and returns ratios in its areas of operation. Given these factors, investors may consider the IPO.

healthcare companies boosted by their status of being sound bets in challenging stock market conditions. Analysts expect many of these stocks to extend recent gains as improved sector prospects and a slowdown in the domestic economy could continue to drive investor appetite for companies with global exposure. Nifty's Pharma and Healthcare indices have gained 1.7% and 2.6% respectively in the past month, while the benchmark Nifty declined 2% in this period.

Bharat Global Developers isn't the only company that has had its shares shooting up to dizzying levels. The world of little-known penny and micro-cap stocks has been abuzz with activity with shares of at least 200 companies skyrocketing between 300% and an astonishing 65,000% in the past year. The action underscores the heightened appetite among investors for red-hot stocks of companies with limited earnings amid the recent stock market frenzy. It's not uncommon for stocks to generate exceptional returns in a bull market, like the one in the past four years, but what's unusual is that 99 companies posted net sales of less than ₹10 crore in FY24, a fraction of their total market value.

Subscribe to enjoy similar stories. New Delhi: Many adults and youngsters spend nearly a third of their time awake hooked to smartphones—an addiction phonemakers are trying to tackle by incorporating features that allow users to meaningfully take time off from their screens. Smartphone brands such as Vivo, Oppo and HMD have recognized the need for digital detox as a business opportunity, building strategies to cater to a growing preference for switching off—such as Zen Mode by OnePlus.

Subscribe to enjoy similar stories. Santa's sleigh seems to have taken a detour this year, leaving behind a subdued holiday market instead of presents. After falling 1.7% so far, December seems poised to clock the second-worst returns in a decade, next only to the near-4% fall in December 2022.