Stage Financial News

The Israeli military says it has expanded its ground offensive in the Gaza Strip to the densely populated urban refugee camps in the central part of the territory

Rohit Srivastava, Founder, Indiacharts.com, says “there is some level of caution in chasing the same parts of the market that have been doing well. But that is where you would want to participate, see if there is a correction in the market, you would want to be in the PSUs or the realty sector and even the metals that have started to pick up now. It is just that the current levels and setup tell us that we should not get carried away by the FOMO effect of markets.” We are at lifetime high yet again. Bulls are charging again. What do you think about the levels going forward for the Nifty as well as the Bank Nifty? Rohit Srivastava: Remember this is the year-end holiday period.

China Aerospace Science and Technology Corporation, the Long March 11 carrier rocket blasted off from the Xichang Satellite Launch Center in Southwest China's Sichuan Province. A pair of side boosters from the Long March 3B rocket used in a recent launch appear to have descended near populated regions in the Guangxi province, downrange from the Xichang launch site in Sichuan.

Jai Bala, Chief Market Technician, Cashthechaos.com, says, “the banking index is the most vulnerable for reversal. It is a very long-term setup and the medium-term setup that is coalescing around the current levels. So, the 49,000 to 50,500 levels for the banking index is going to be pretty significant. One has to be extremely cautious about the banking sector and there is a great potential for a reversal around the 49,000 mark for the banking index.” After three trading sessions Nifty is finally back to new record high levels. Where do you see this market headed? What do you think is going to be the contributing factor for the market going forward when you look at the Nifty? Jai Bala: The markets are clocking new highs, but it lost momentum in multiple sectors. But this does not mean the markets are not continuing to go up. It is going to continue to go up. But we need an abundant amount of caution here and your allocation has to be quite light because we are in the late stages of the rally for the market that started from the middle of 2023.

Hardik Pandya is likely to miss the T20I series against Afghanistan, but will be fit before the Indian Premier League (IPL) from his ankle injury, a source told ANI. Pandya was part of India's ICC Cricket World Cup squad.

Kannada groups staged violent demonstrations in Bengaluru, including at the Kempegowda International Airport. The group, adorning yellow and red scarves symbolizing the Kannada flag, were seen tearing down English posters on the streets of Bengaluru demanding the installation of billboards in Kannada. Protesters are calling for the immediate implementation of a city civic body order requiring businesses to feature 60% of their signs in Kannada.

Hashed, South Korea’s largest crypto venture, has invested 36.8 billion won ($28.44 million) in blockchain projects this year. 

SJVN surged 4.42% to ₹95.60 apiece in early trade on Wednesday following the company's acquisition of a significant solar project. In a filing to the exchange on Tuesday, the company announced that it had secured a 100 MW solar power project through an e-reverse auction conducted by Gujarat Urja Vikas Nigam Limited (“GUVNL").

One of the most prominent cryptocurrency exchanges situated in the United States, Coinbase, has just announced a considerable increase of its service offerings. It is also important to note that this expansion is geared towards institutional investors located outside of the United States, since they now have access to spot cryptocurrency trading services on the Coinbase International Exchange. In the beginning, the service, which was launched on December 14, 2023, let users to trade Bitcoin (BTC) and Ether (ETH) against USD Coin (USDC).

In the longer term, investing in selective quality mid and smallcaps names, which fall in the emerging sectors or segments of the economy, are always the best way to generate alpha, believes Madanagopal Ramu, fund manager and head — equity atSundaram Alternate Assets, who oversees more than Rs 7500 crore worth of assets. Ramu is of the view that the market is overestimating the earnings growth momentum for companies in the mid- and smallcap segment, which reflects in the rally seen this year. “In many of these companies which are part of the mid and smallcap indices, earnings momentum are cyclical and not structural, so it runs out of steam pretty quickly. Therefore, being selective is key to sustain long term performance,” Ramu said in an interview with ETMarkets. Edited excerpts: How has the year 2023 been for the funds managed by you? Madanagopal Ramu: It has been a mixed year, we saw a recovery and our funds performed in line with the market for most of the year, but alpha creation was challenging.

Shares in SoftBank Group Corp jumped 5% on Wednesday after the Japanese tech conglomerate said it would receive shares in telco T-Mobile US worth some $7.59 billion at no additional cost. Masayoshi Son's conglomerate said late on Tuesday it had told T-Mobile US to issue 48.75 million shares in common stock to it after conditions set out in an agreement made as part of the merger of SoftBank's U.S. telco Sprint and T-Mobile were met. The transaction bolsters the listed assets in SoftBank's portfolio, doubling its T-Mobile US stake to 7.64% from 3.75% currently, following the blockbuster listing of chip designer Arm in September. «This increases the proportion of listed, measurable equity in hand on (SoftBank Group's) balance sheet, and, even better, proportions of marginable equity relative to indebtedness,» Macquarie analyst Paul Golding wrote in a client note. SoftBank's shares have gained only around 14% year-to-date, compared with an almost 30% rise in the benchmark index.

By Sam Nussey

overall AQI of the national capital region stood at 381 at 6 am today. However, some areas in Delhi have reported ‘severe’ air quality on Wednesday morning. The air quality at Punjabi Bagh was 430, followed by 413 in ITO, 407 in RK Puram, 428 in Patparganj, 414 in Dwarka Sector-8, 429 in Jahangirpuri, 402 in Rohini, and 421 in Wazirpur area.

funding crunch hit Indian startups in 2023 with primary capital becoming hard to come by, there was a significant increase in secondary share sales across late-stage ventures. Risk investors ET spoke with said the trend is likely to continue in 2024, as the focus would be on the limited number of good assets where existing investors are looking to part-sell their stake.

By Hyonhee Shin

monitor is subjective and depends on individual gaming styles and preferences. This guide aims to simplify that choice, helping you find a monitor that not only matches your gaming rig's capabilities but also enhances your overall gaming experience. Prepare to discover monitors that redefine gaming visuals, setting the stage for countless hours of engaging, high-performance gameplay.

IQ Option platform is ideal for those who trade on a limited budget. The broker has a low barrier to entry, a good reputation in the market, and many in-built trading tools. Here are some ways to nurture your account to the professional level.

The “meme coin” phenomenon, sparked by Dogecoin (DOGE) and amplified by Shiba Inu (SHIB), has captured the imagination of investors and the crypto world alike. These tokens, often featuring dog-themed branding and lighthearted communities, have achieved astonishing price surges, leaving many wondering if lightning can strike twice, three times, or a dozen times. However, some alternative tokens have now presented intriguing possibilities to replicate the trajectory of SHIB’s meteoric rise due to their unique features and ambitious roadmaps. One such project gaining traction is Retik Finance (RETIK), which positions itself as a utility-driven alternative with the potential to pump not just based on hype but on real-world application and a comprehensive ecosystem.This article delves into the details of Retik Finance, analyzing its potential to pump like SHIB and exploring the key factors that differentiate it from its meme-coin predecessor. We’ll steer clear of hype and speculation, focusing instead on facts, figures, and the inherent value proposition of RETIK.

Congress to hold 'Hai Tayyar Hum' mega rally in Nagpur on 28 December Morarji Desai was the first non-Congress Prime Minister of India. Desai remained in the office for 856 days. He served as the fifth PM during 1977-79, leading the post-emergency government led by the Janata Party.

Indian economy grapples with the persistent challenge of inflation, the Reserve Bank of India (RBI) and the Monetary Policy Committee (MPC) have orchestrated a series of strategic measures throughout the 2023 calendar year. These actions, spanning policy changes and interest rate adjustments, reflect a proactive approach to maintaining economic stability while fostering sustainable growth.

opera — fully staged opera — at home has become easier. Recent productions from top European houses have begun to appear for rental and purchase on Amazon Prime Video. So, on an impulse, you can take in these works — and keep them, too. (There are other opera-focused streaming platforms, but those rarely allow for purchases.) The productions include rarely staged gems, and feature some of the boldest directors and greatest vocal talents today.