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₹388 to ₹475 per share by Japanese broking firm Nomura. As of 10:55 am, the stock was trading at ₹443.95 apiece on the NSE, reflecting a 5.90% increase. Also read: GST collection in December rises 10% YoY to ₹1.65 lakh crore Nomura expressed confidence in the company's potential for margin expansion, citing various levers in place.

Authorities called for immediate evacuation in affected areas, emphasizing the potential for more major quakes in the coming days. The quakes caused damages at some places. Bullet trains were halted while highways were closed in affected places. Japanese media captured scenes of people standing near large pavement cracks, and the Meteorological Agency warned of the possibility of additional major quakes over the next week.

Feroze Azeez, Dy CEO, Anand Rathi Wealth, says “in largecap and midcap funds, Motilal Oswal Large and Mid Cap is the one which has been the best for the calendar year so far wth 34.5% returns, In large cap, HDFC Large and Mid Cap is the one with 32.8%. Canara Rebecco Emerging and Tata Large and Mid Cap funds finished with about 18 to 20% return. So the dispersion is not as much as in the large cap, but still a 14, 15% difference between the top two and the bottom two, in spite of being in the same category.” Clearly mid cap and small caps have been a hero but we also have to dissect the kind of strategies and stock picking that fund managers have done. We are just analysing one year's performance. This discussion theme does not mean that the funds which have not done really well, you need to exit those funds. I think let us start with the large cap category. Feroze Azeez: You are absolutely right that there are funds which have done very well. It has been a very eventful year. If you look at Nifty, it does not tell the full story. But the broader markets tell you a big story from a sector divergence perspective also. Some sectors have done phenomenally well. Some sectors have not done so well. You see cement, infrastructure and capital goods doing phenomenally well. On the other hand, IT, banking have not done superbly in terms of the full calendar year. It has been a very eventful year. But the headlines hide more than they show.

tsunami around 1 metre high struck parts of the west coast along the Sea of Japan, with a larger wave expected. The Japan Meteorological Agency issued tsunami warnings for the coastal prefectures of Ishikawa, Niigata and Toyama, Reuters reported. "5m waves expected in Ishikawa," a person posted on X, formerly known as Twitter.

Piyush Gupta, Managing Director of Capital Markets & Investment Services at Colliers India. "Investors from the APAC region have been showing an increasing appetite for Indian real estate, contributing to about half of the total foreign inflows during 2023. Looking ahead to 2024, investment activity will likely remain unabated backed by robust domestic economic fundamentals, while a strategic integration of technology and ESG will play out in investment decisions." The story, however, was intriguing when the sources of this investment were looked at.

Canadians are ringing in the new year with plans to cut down on spending and make other behaviour changes amid growing recession fears after a year riddled with concerns about inflation, rising interest rates and high cost of living.

Pig butchering scams, a rapidly growing criminal activity involving online romance, fake crypto investments, and human trafficking, have been plaguing US citizens, resulting in significant financial losses. 

The US Navy headquarters reported sinking three small boats affiliated with Houthi militants in the Red Sea, according to military officials. This occurred as a response after a US warship answered a distress call from a merchant vessel in the region. The incident involved a Maersk container ship being targeted by Houthi forces at approximately 6.30 am local time, facing an attack from four small Houthi boats. Reuters quoted accounts by American, Maersk, and Houthi officials stating that US helicopters repelled an attack by Iran-backed Houthi militants on a Maersk container vessel, sinking three boats and killing 10 militants.

THE Pension Fund Regulatory and Development Authority (PFRDA) has allowed investors of National Pension System (NPS) to select multiple pension funds for the various asset classes. So investors must review the performance of the funds at the beginning of the year and spread the corpus across three top-performing pension fund managers to earn higher long-term returns.

By Mehak Srivastava

Lower interest rates will likely drive the growth in affordable housing finance in 2024, say bankers. Last week, State Bank of India Chairperson, Dinesh Khara said that lending rates may fall from middle of next year.

Adani Power Ltd. traded 0.22 per cent up at Rs 526.05 at 01:49PM (IST) on Monday, even as BSE benchmark Sensex dropped 170.12 points to 72240.26.

LTIMindtree Ltd. dropped 0.16 per cent to Rs 6280.0 at 01:54PM (IST) in Monday's trade. The stock hit a high of Rs 6319.95 and low of Rs 6237.8 so far during the session.

Colgate-Palmolive (India) Ltd. traded 1.65 per cent down in Monday's trade at 02:10PM (IST). Around 6,667 shares changed hands on the counter.

Marico Ltd. traded 0.49 per cent down at Rs 545.5 on Monday at around 01:19PM (IST), while the benchmark BSE Sensex declined 170.12 points to 72240.26. As many as 9,698 shares changed hands on the counter with a total value of Rs 0.54 crore.

Avenue Supermarts Ltd. traded 0.32 per cent down in Monday's trade at 01:29PM (IST). Around 4,142 shares changed hands on the counter.

Institutional investments in the Indian real estate sector maintained a steady momentum at $5.4 billion, rising 10% y-o-y during 2023, with the office segment to be the highest contributor. The year witnessed the highest levels of investment inflows since 2020 showcasing India's resilience despite uncertainties in global markets otherwise. Office sector continued 56% share in total inflows in 2023, attracting both global as well as domestic capital, led by select large deals.

Vedanta Ltd. traded 0.07 per cent up at Rs 258.7 on Monday at around 12:38PM (IST), while the benchmark BSE Sensex declined 170.12 points to 72240.26. As many as 230,292 shares changed hands on the counter with a total value of Rs 5.95 crore.

Happy New Year 2024: An old video featuring comedian Zakir Khan's unconventional excuse to avoid hitting the gym has become the latest sensation on social media. In a clip from a well-known TV show, Khan humorously declares that he contemplates making a fitness resolution only when it coincides with the first day of the month, the New Year, and, interestingly, Monday.

Godrej Consumer Products Ltd. traded 0.98 per cent up in Monday's trade at 12:43PM (IST). Around 6,642 shares changed hands on the counter.

ICICI Prudential Life Insurance Company Ltd. traded 0.43 per cent down in Monday's trade at 12:48PM (IST). Around 10,792 shares changed hands on the counter.