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investors need not rush to purchase equities at record levels. If history is to go by, the market may give them buying opportunities this year, too. According to a study by ICICI Direct on index declines in the past 12 years, the Nifty fell between 10% and 16% every year on nine occasions.

funding winter’, if investors are bullish on one area, it's generative artificial intelligence (GenAI). Indian GenAI startups have received a cumulative investment of $700 million in the last three years, showed estimates by technology industry apex body Nasscom. The country now has over 100 genAI startups and the funding received by new genAI ventures such as Hindi LLM maker Sarvam AI, as well as Adobe’s acquisition of Bengaluru-based Rephrase.ai last year are “good validations” of the AI ecosystem booming in India, said Sangeeta Gupta, senior vice president and chief strategy officer, Nasscom.

Here’s hoping 2024 is a big year for women on Wall Street.

Golden Globes 2024 will kick start the awards season in Hollywood. The 81st edition will witness several new things. We have complete guide of Golden Globes 2024 for you. Golden Globes 2024 will be hosted by American stand-up comedian Jo Koy. Koy has had stand-up specials on Comedy Central and Netflix and recently took his act on the «Funny Is Funny World Tour.»

ABC is broadcasting Hulu's Only Murders in the Building. The series, with Steve Martin, Martin Short, and Selena Gomez, aims to replicate the success witnessed by Yellowstone on CBS.

Federal Reserve Minutes may elaborate on coming rate cut debate, here are 5 things to know "A few" Fed officials said they felt the Fed was approaching a point where the central bank may face a "tradeoff" between its dual goals of controlling inflation and maintaining high rates of employment - the sort of sacrifice policymakers have hoped to avoid in their search for a "soft landing" from the worst breakout of inflation in 40 years. "Participants pointed to the decline in inflation seen during 2023, noting the recent shift down in six-month inflation readings in particular," the minutes said, which through November were running just below the Fed's 2% target.

(Reuters) — Federal Reserve officials project the U.S. central bank will cut its benchmark overnight interest rate during 2024, but the timing and pace of the reductions in borrowing costs will depend heavily on upcoming inflation and jobs data.

By Michael S. Derby

By Lucia Mutikani

By Howard Schneider

UBS Private Wealth Management financial adviser Sarah Ponczek and Lou Basenese discuss how rising interest rates and inflation are impacting markets on 'Mornings with Maria.'

Bitcoin (BTC) will need to hold the psychological price of $40,000 to avoid a bearish momentum, given that the leading cryptocurrency recently retested this level.

Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little in the way of when that might occur, according to minutes from the meeting released Wednesday. At the meeting, the rate-setting Federal Open Market Committee agreed to hold its benchmark rate steady in a range between 5.25% and 5.5%. Members indicated that they expect three quarter-percentage point cuts by the end of 2024. However, the meeting summary noted a high level of uncertainty over how, or if, that will happen. «In discussing the policy outlook, participants viewed the policy rate as likely at or near its peak for this tightening cycle, though they noted that the actual policy path will depend on how the economy evolves,» the minutes stated. Officials noted the progress that has been made in the battle to bring down inflation.

Jimmy Kimmel had strong words for New York Jets quarterback Aaron Rodgers after the NFL player suggested the late-night talk show host’s name would appear on a much-anticipated list of Jeffrey Epstein‘s associates.

In 2023, Apple (NASDAQ:AAPL) stock had a strong performance, finishing the year at $192.53, marking a significant 48% gain from 2022.

The EUR/USD’s sluggish start to the year continued in the first half of Wednesday’s session, with investors showing a preference for the US dollar ahead of key data releases from the world’s largest economy.

A New Brunswick man who spent five days at the Dr. Everett Chalmers Regional Hospital in Fredericton, N.B., with pneumonia says he saw first-hand the ongoing impact of the health-care crisis in the province.“I saw nurses, doctors, and all other hospital workers try their best to keep a semblance of some sort of health care going,” Tim Brooks wrote in a post on Facebook.“Their frustration was visible and at times they couldn’t contain it, but their dedication never wavered.”He said he shared what he saw and heard because he wants people to know the impact and the strain the New Brunswick health-care system is under.He went to the ER, while visiting his family for the holidays, on Dec. 27, 2023, showing signs of a respiratory illness with no improvement.

Supreme Court on Wednesday delivered its judgment on a cluster of petitions seeking an 'independent investigation' into allegations, levelled by US short-seller Hindenburg Research, related to stock manipulation and accounting fraud against the Adani group of companies. By refusing to transfer the ongoing Sebi probe to a special investigation team (SIT), the apex court has backed the domain authority of the markets regulator and reposed faith in it to see the matter to a conclusion. Any closure, as the court reminded, to the ongoing investigation would come after Sebi completes its investigations, for which it has now got an extended deadline by three months.

The NSE Nifty 50 index fell 0.69% to 21,517, while the S&P BSE Sensex shed 0.75% to 71,356. Here's how analysts read the market pulse: «Nifty formed a bearish candle with a substantial body in the daily chart. The Donchian Channels, which identify bullish and bearish extremes, indicate that Nifty is holding its middle band. Key support levels are identified at 21,400, while resistance is placed at 21,700 levels,» said Om Mehra, Technical Analyst, SAMCO Securities. Rupak De, Senior Technical Analyst at LKP Securities, said, «Nifty dipped below the support level of 21,650, resulting in a decline towards 21,500. The prevailing sentiment appears weak, highlighted by the index closing below the crucial support at 21,650. If it continues to drop below 21,500 in the upcoming days, it could potentially exacerbate the negative sentiment, especially with expectations of substantial unwinding by the put writers below 21,500. The broader market outlook suggests a sell-on-rise strategy as long as it stays below 21,650.» That said, here’s a look at what some key indicators are suggesting for Thursday's action:

Diwali is coming early this year, says 'Ramayan' star Dipika Chikhlia, who is looking forward to attend the historic consecration ceremony of the Ram temple in Ayodhya on January 22. Chikhlia, who became famous for her role as Goddess Sita in Ramanand Sagar's 'Ramayan' 36 years ago, confirmed that she has been invited for the grand ceremony. She is likely to be accompanied by Arun Govil, who had essayed the role of Lord Ram in the classic television show, which spanned 78 episodes on Doordarshan.

—Name withheld on request Your investment pattern shows low appetite for risks, whereas you have a long time to build a portfolio for your goals. It is important to align the investment avenues with the time horizon of your goals or you will not be making the most from your investments. For example, if you plan to invest ₹30,000 every month for the next 14 years in PPF for your daughter’s education and if this investment grows by 7.5% per annum (p.a.), you will be able to accumulate a corpus of ₹88 lakh.