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On the BSE, Navoday Enterprises(down 15.44 per cent), SRG Housing Fin(down 13.03 per cent), Systematix Sec(down 12.18 per cent), Auto Corp Goa (down 11.10 per cent) and Puravankara (down 9.70 per cent) stood among the top losers in today's trade.

Ariana Grande are not being silent about it. On his first day in office, President Donald Trump issued a series of executive orders, one of which has drawn severe criticism from the LGBTQ+ community. Signed on Martin Luther King Jr. Day, the controversial order mandates the recognition of only two sexes—male and female—under federal law. This directive not only disregards trans and nonbinary identities but also strips transgender individuals of legal protections, including those within federal prisons.

Ajay Vora, Executive Vice President and Head — Equities, Nuvama Asset Management, says a consolidation phase is happening. If you're looking to invest, focus on areas where growth forecasts are improving and visibility is increasing. For example, banks are currently in a value phase, but investing in them requires a longer-term perspective. Your investment strategy will guide your choices, but there are good opportunities available in the market. What to make of this weakness in some of the financials? Everyone says the valuation is comfortable and the worse with respect to asset quality is perhaps over. The competition from MFI, etc, also has come down. Then why are people still not interested in buying some of these financials afresh? Ajay Vora: It is clearly the lack of growth. If you look at the largest private sector bank which reported the numbers, the NII growth was less than 10%, the PAT growth was around 2%. Until the time we do not get clarity on the growth, valuations may look cheap but I think that is clearly not the reason for someone to get in unless and until we get more clarity on the growth coming in the next few quarters.

As the Union budget approaches, it presents an opportunity for bold reforms, especially those that directly impact the common citizen. One such area ripe for transformation is the nomination of financial assets, a domain where clarity and empowerment are sorely needed.

stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Fervent Syn(19.96%) and Tirupati Sarjan(15.05%).

Subscribe to enjoy similar stories. In 2017 Elon Musk branded Donald Trump a “con man" and “one of the world’s best bullshitters". Now he is known at Mar-a-Lago as Uncle Elon and is in the president-elect’s inner circle.

Subscribe to enjoy similar stories. President Donald Trump has issued an executive order aiming to curtail the scope of birthright citizenship, a policy granting citizenship to anyone born on US soil. If upheld by courts, this order could hurt millions of immigrants, including those of Indian origin.

United Spirits Ltd. 1.63 per cent to Rs 1482.05 in Thursday's trade as of 10:51AM (IST) even as the benchmark Nifty ruled at 23230.0, 74.66 points. The scrip had closed at Rs 1458.20 in the previous session. The stock quoted a 52-week low of Rs 1055.65 and a high of Rs 1700.00. The company quoted a market-cap of Rs 107797.03 crore on the BSE.

Zensar Technologies zoomed nearly 10% to an intraday high of Rs 846.85 on the BSE today after announcing its financial results for Q3FY25 on Wednesday, wherein the company reported a strong performance, with revenue reaching Rs 1,325.6 crore, an increase of 10.1% year-on-year (YoY). Meanwhile, the EBITDA for the quarter stood at Rs 207 crore, while the EBIT reached Rs 183.3 crore

Vikas Khemani, Founder, Carnelian Asset Management, says in India, both capital gains tax and STT exist, which is strange. STT was introduced when capital gains were removed. Now that capital gains are back, STT is still here. The STT collections are around Rs 35,000-40,000 crore. It is unfair to keep both taxes. It would be better if the government eliminated one of them. This year, Khemani expects personal income tax to decrease because our personal income tax rates are quite high.

Mangesh Bhadang, Senior VP, Centrum Broking, says December has seen substantial cement price hikes in the non-trade segment. There have been some hikes in the trade segment as well. That is going to have a very positive effect on the realisation of cement companies. So far, the higher prices have sustained and have been absorbed in the market. So, Q4 could be a bumper quarter after a long time for the cement sector. What do you make of the earnings that we have till now because overall in the last couple of months or so, we have seen a lot of these upgrades and positive notes flowing in on the cement counters where hopes were pinning on some of the price hike stability. Other than that, the realisation expectation was positive. But given the earnings disappointment, do you feel that the most of the disappointment in Q3 is already priced in and the analysts are now looking for the way forward in terms of better realisation and pricing? Mangesh Bhadang: As you rightly said, anyway we were expecting that Q3 will not be a blockbuster quarter, but because Q2 had been so weak, sequential improvement could definitely be there. Out of the cement results that have been declared, Dalmia Bharat probably was the right comparable to look at for the industry wide points that we can take out.

Subscribe to enjoy similar stories. Companies are squeezing every efficiency out of their teams. More of them now figure the least they can do is give employees “unlimited" paid time off.

Tata Sons is understood to be preparing for multiple scenarios, including a possible initial public offering (IPO), to ensure readiness amid growing pressure from 18.4% stakeholder, the Mistry family's Shapoorji Pallonji (SP) Group, to consider a share sale, said people with knowledge of the matter. Tata Sons is the holding company of the Tata Group. Tata Sons, Tata Trusts and the SP Group did not comment on the matter.

Ultratech, Dr Reddy's, HUL, Go Digit, Airtel among others will be in focus due to various news developments and third quarter results. Ultratech, Adani Green, Dr Reddy's Shares of Ultratech, Adani Green and Dr Reddy's will be in focus as the companies will announce their third quarter results later today.

Amazon Canada says it will close all seven of its Quebec warehouses and lay off staff over the next two months.

Amazon.com Inc. announced on Wednesday that it will close all its Quebec warehouses and lay off about 1,700 full-time employees — a move the union representing workers at the e-commerce behemoth’s only unionized Canadian facility called a “slap in the face for all workers in Quebec.”

Norges Bank Investment Management, the world's largest sovereign wealth fund. In India, it has over $30 billion parked in companies ranging from HDFC Bank, Reliance, ICICI Bank, Airtel, Infosys and TCS to Zomato, Nykaa and DMart. The CEO of the largest single investor in the world also hosts the popular In Good Company podcast with global industry leaders. A former chef, Russian translator and intelligence man, Tangen told Arijit Barman in an interview in Davos that the world is in the grip of unprecedented volatility. Edited excerpts: Nearly a third of your assets are in Europe. With Europe slowing and generating poor returns, are you looking to diversify even more in the US, Asia, maybe India, a lot more than before? We are linked to indices. So when the value of a market increases, we typically park more money there. We now have more than 50% of our $1.7 trillion in the US. With India becoming more important, the value of our Indian investments has also gone up. We have roughly 1.8% of our fund now in India. With more than $30 billion invested in India-double of what we did five-eight years ago-both China and India exposure is not too dissimilar. Our portfolio is predominantly public markets but we have some fixed-income assets too. Our biggest holding in India is HDFC Bank, number 2 is Reliance.

Indian equities worth ₹36,082 crore across 19 sectors between January 1 and 15, according to NSDL data. Financial services continued to bear the brunt of unabated foreign selling, as these investors dumped shares worth ₹12,204 crore in the first 15 days of January after pumping over ₹3,000 crore into the sector in December. Overseas investors pulled out over ₹58,000 crore from the sector in 2024. «Financial services have significant weight in the index and are some of the most liquid counters, which explains why the foreign selloff is aggressive in the sector,» said Saurabh Patwa, portfolio manager and head of research at Quest Investment. «Banks have, however, relatively decent results and there could be a revival of foreign flows in the sector.»

Joe Biden will be staying a little distant from the political scene in Washington DC as he flew directly to a popular Californian location right after the inauguration ceremony of his successor, Donald Trump.

Amazon Canada will close all seven of its facilities in Quebec over the next couple of months, the company announced Wednesday.

Starbucks’ decision to restrict its restrooms to paying customers has flushed out a wider problem: a patchwork of restroom use policies that varies by state and city