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The question on everyone's mind right now is: What does 2024 have in store for markets?

Apollo Hospitals Enterprise Fortis Healthcare Max healthcare Institute Narayana Hrudayalaya have seen handsome gains of 27-58% during 2023. Global Health (Medanta) has seen its share price more than double. The stellar gains for the hospital stocks have been driven by improving earnings outlook.

Layoffs.fyi, more than 1,150 tech companies fired over 260,000 people in 2023. A combination of factors such as central banks hiking interest rates to counter inflation, macroeconomic headwinds forcing tech clients to cut spending, continuous geopolitical uncertainties, and a prolonged funding winter forced startups and tech firms to recalibrate their strategies. With 2023 drawing to a close, ETtech looks at startups and tech companies, global and domestic, which laid off employees as they cut costs.

Sitaram Yechury on Friday said the inauguration of Ram temple in Ayodhya by Prime Minister Narendra Modi in the presence of other Constitutional functionaries was a «gross misuse of religious sentiments» for BJP's political gain. Addressing the media, Yechury said that the Constitution clearly defines secularism as the separation of religion from politics and the state. He said that the inauguration of the temple represents an overt politicisation of religion, which contradicts the principles of the Constitution.

loan repayment. Viral Bhatt, Founder, Money Mantra said, “2023 saw significant market volatility, with geopolitical issues, inflation, and interest rate hikes causing major fluctuations. This highlighted the need for investment strategies that could adjust to changing circumstances, rather than rigid approaches based on past performance." Mohit Ralhan, CEO, TIW Capital added, “2023 turned out to be a year of positive surprises on the macro front.

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compounding are so profound that it is considered not less than a magic. From ace investors such as Warren Buffett to the great scientist Albert Einstein have spoken at great lengths about the power of compounding. Einstein even referred to compounding as the ‘eighth wonder’ of the world.

David Gonzales, Panaji, Goa

Trident Techlabs listed at a premium of 180.4% on the NSE SME platform on Friday at Rs 98.15 per share. Ahead of the listing, the company's shares traded at a premium of Rs 43 in the unlisted market. The IPO was priced in the range of Rs 33-35. The Rs 16-crore IPO of Trident Techlabs was subscribed over 700 times at close.

We spoke to Sudeep Shah, Deputy Vice President and Head of Technical & Derivatives Research, SBI Securities, on how one should trade stocks that were in focus in the previous trading sessions based on derivative and technical data: SAIL gives trendline breakout Steel Authority of India’s (SAIL) stock has given a horizontal trendline breakout on the daily scale. This breakout was accompanied by robust trading volume, signalling substantial market enthusiasm. Moreover, the stock showcased a sizable bullish candle, reinforcing the optimistic momentum in the recent price action. At present, the stock is positioned above both its short and long-term moving averages, both of which are on an upward trajectory and align favourably.

By Ankur Banerjee

By Rae Wee

RBI) on keeping idle funds abroad, is forcing them to close their overseas bank accounts. At least two large British banks, one Swiss lender and a leading Emirates financial institution have snapped their relationships with more than two dozen resident Indians in the past two months, according to service providers and tax practitioners advising these individuals. They had opened the bank accounts by transferring funds overseas under the RBI’s Liberalised Remittance Scheme (LRS) which allows a local person to invest up to $250,000 a year in stocks, properties, and for maintenance of relatives among other things.

The year 2023 can be marked as notably successful for gold, boasting a return rate of just over 14%.

TU article the key factors in choosing the best binary trading platform in India. Analysts emphasized that market participants should make sure that the selected brokerage is overseen by reputable international authorities like (Cyprus Securities and Exchange Commission) CySEC or the Financial Conduct Authority (FCA). Comparing brokers based on user trust and activity is another effective strategy.

shares of ProShares Bitcoin Strategy ETF, which is popularly known as 'BITO' and tracks the price of futures tied to the world's largest cryptocurrency, a trading note showed on Thursday. Based on the fund's closing price on Wednesday, ARK's stake is worth roughly $92 million, according to Reuters' calculations. After a brutal 2022, the crypto market is on a rebound, with Bitcoin climbing more than 150% so far this year. Big asset managers, including BlackRock, are waiting for regulatory approvals from the U.S. Securities and Exchange Commission (SEC) to launch a string of derivative-based products such as ETFs tracking the spot price of Bitcoin.

WASHINGTON—It is the Securities and Exchange Commission’s forever war. The SEC in 2024 will mark the seventh year of its campaign to regulate cryptocurrencies through enforcement, with no end in sight. The regulator is waging several major court battles that could determine whether rules written for Wall Street apply to digital assets.

savings account a healthy boost: Incorporating these strategies into your financial routine can transform the act of saving from a chore into a rewarding and enjoyable experience. Experiment with different approaches to find what works best for you and watch as your savings account grows steadily over time.

Accepting and rejecting cookies. Most people don’t even know what cookies are when they answer this question 30 or 40 times a day. It would greatly simplify your day if you could set it and forget it or at least be asked for only certain types of sites, such as medical ones.

Pensions plans made the political headlines in 2023 like seldom before, from Alberta’s threat to pull out of the Canada Pension Plan with more than half of the fund’s assets to Ottawa’s desire, stated in the fall fiscal update, to have the globetrotting trillion-dollar asset managers invest more at home. The Financial Post spoke to Alberta Investment Management Corp. chief executive Evan Siddall about these issues, geopolitics and how AIMCo is evolving its investment strategy for 2024 and beyond. This interview has been edited and condensed for space.

S Krishnakumar, Founder & Director,Lion Hill Capital, says “a reversal in the interest rate cycle globally means that money is going to be available at a much lower cost and we are going to see more risk-on come through over the next couple of years. Also, the outcome of the state election results in India has removed uncertainties about political continuity following May 2024 elections. These two major factors have removed some uncertainty from markets and a rally that could have happened in the middle of 2024 has already happened in December ‘23 thereby front-ending a lot of the returns of 2024 in a way.” Which side of the argument would you lean on, given that on the one hand, how inherently domestic flows, and now increasingly overseas flows are also good, but on the other hand, the recent rally in the month of December has been pretty sharp? S Krishnakumar: A couple of uncertainties are out of the way. One is, the state elections in north India gave BJP a thumping victory and removed uncertainties about the central elections in May 24 which now seem to be very much in the bag for the BJP-led front.