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Samsung Galaxy S24 series is set to launch on January 17, 2024 and reports suggest that the base model of the line-up may incorporate cost-cutting measures by opting for slightly slower UFS 3.1 (Universal Flash Storage). This move is speculated to help Samsung maintain the prices of the upcoming flagship lineup, including the Galaxy S24+, and Galaxy S24 Ultra, in line with their Galaxy S23 counterparts.

₹3.5 in December 2020 to currently trade around ₹210. This implies that an investment of ₹10,000 in this penny stock in December 2020 would have turned into ₹6 lakh this year. Meanwhile, it has also given exceptional returns – skyrocketing 889 percent – in the last one year and gained 797 percent in 2023 YTD.

commodity that has consistently held its allure is gold. Beyond its aesthetic and cultural significance, gold often plays a pivotal role in the financial realm, especially when it comes to securing loans. The recent surge in gold prices has set off a ripple effect, reshaping the dynamics of gold loans in more ways than one.

Gold rate today: On account of US dollar hitting five-months low and US Fed rate cut buzz in 2024, gold price in spot market touched three-week high during morning deals in Asian stock markets. Spot gold price today opened at $2,077 per ounce levels and went on to touch intraday high of $2,088 levels and hit three-week high. In domestic market, gold future contract on Multi Commodity Exchange (MCX) for February 2024 expiry opened at ₹63,728 per 10 gm levels and went on to hit intraday high of ₹63,821 levels.

financial planning, providing a holistic perspective on individuals' financial landscape. Tailored for mid-to-high-net-worth individuals, its primary objective is to foster the growth and efficient management of their wealth. As we navigate the complexities of financial planning, the presence of inherent risks and challenges, particularly in terms of tax savings, often obstruct the strategic preservation of wealth.

₹50,000, which would hurt its revenues. In light of this, the announcement of new business lines seems like an attempt to put on a brave face with an eye on its stock price.

Rishi Kohli, CIO - Hedge Fund Strategies at InCred Alternative Investments, told Mint that Nifty may hit the 25,000 level by the end of 2024. The market is witnessing tailwinds which can propel it to unprecedented levels.

By Wayne Cole

Quiver Quantitative — The U.S. electric vehicle (EV) market, after a period of rapid growth, is experiencing a slowdown in momentum, raising concerns for carmakers who have heavily invested in this technology. Despite a near 50% growth in EV sales earlier in the year, the market has seen a plateau in recent months. This shift is attributed to high prices and limited charging infrastructure, leading to longer sales times for EVs compared to gasoline vehicles. The concentration of EV sales in certain states, particularly in urban areas with better charging infrastructure, highlights the uneven distribution of demand across the U.S.

Canada’s economy is still struggling to grow heading into the end of the year after contracting in the third quarter of 2023, according to Statistics Canada.

Sharekhan said the inability to determine the market movement and lack of trading know-how among newbie futures and options traders are the main reasons for losses. The firm, which conducted the study with analytics firm Kantar, said 32% of such traders couldn’t judge the market movement, while 13% claimed a lack of enough trading knowledge. More than half of the survey participants of traders surveyed claimed they buy more to average out their losses in trades, said Sharekhan, terming the findings of its ‘Serious About The Markets’ pan-India study a ‘worrying’ trend. “While we were happy to find out that newcomers are quite aware of the risks and their own lack of knowledge we are concerned about the survey’s findings on the approaches taken to decide where to trade in F&O and the lack of required discipline when it comes to trading,” said Jean-Christophe Gougeon, Chief Marketing Officer, Sharekhan, in a release. The study said 40% of newbie traders claim that their main reason for entering the Futures & Options segment is because of a chance of making quick and easy money, while 48% of them believe that 30% to 50% of people are consistently making ‘good returns’ from the F&O segment. According to the study, 35% of these traders do not use or apply any specific trading strategy, which can often lead to risky trading decisions.

retirement, odds are that it’s wrong. Saving enough for your retirement, and investing the right way, are truly among the hardest of all financial problems. In many ways, it’s more difficult than running a large endowment or hedge fund — and yet we all must do it.

content writing services is a task. There are many factors to consider, such as experience, reputation, portfolio, pricing, and more. But first, let us understand what exactly is content writing that is optimised for SEO.

As we approach the close of 2023, market sentiment points toward a bullish 2024 for stocks. The year-over-year expected stock market earnings growth rate is expected at 8.1%, according to FactSet.

Sensex rallied over 700 points on Wednesday to scale the 72,000 mark for the first time. Nifty, too, hit a fresh all-time peak of 21,654.75 amid all-round buying in banks, auto, metals and IT stocks. The market rally was broad-based but Nifty's 1% rise left smallcap and midcap indices behind as investors found more value in bluechips after the non-stop rally seen in smaller stocks. UltraTech Cement ended over 4% higher, along with other cement stocks, after Nomura upgraded the sectoral outlook. Among bluechips, Hindalco and Bajaj Auto ended 4% higher while heavyweight HDFC Bank advanced 1%. The combined market capitalisation of all BSE-listed stocks rose by Rs 2.5 lakh crore to Rs 361.4 lakh crore. Here are the key factors behind today's rally:

BJP's triumph in the assembly polls, considered by many a foregone conclusion in favour of Congress, series of ED actions, including in the Mahadev betting app case, a deadly Naxal attack, and nude men protesting over jobs dominated the events in Chhattisgarh in 2023. Though elections were held at the end of the year, poll mood prevailed in Chhattisgarh throughout with top leaders of BJP, Congress and AAP making frequent visits to the state for rallies and meetings, and chalking out their strategies.

Before investing in a mutual fund scheme, investors tend to view the historical returns as one of the key criteria. Apart from the past returns of a mutual fund, other significant factors that impact an investor’s decision of whether to invest or not include the fund house’s reputation, category of scheme, and the overall market performance, among others.

IPL Biologicals has entered into a Memorandum of Understanding (MoU) with the Gujarat government to establish a state-of-the-art biofertilizers, bio pesticides, bio fungicides, and microbial growth promoter facility in the region at an investment of Rs 400 crore. Aligning with the national goal of adopting the most organic and sustainable practices by 2030, IPL Biologicals envisions the MOU with the Gujarat government to develop a new facility as a significant contributor to sustainable agriculture. The major focus of the first phase of production will be on biological agriculture products, followed by probiotics and enzyme products.

Rishi Kohli, CIO - Hedge Fund Strategies at InCred Alternative Investments, expects the next 2 years to be bullish and advises investors to be long on equities. However, one should get cautious as we head into elections, he said. “There is a lot of talk already that Nifty has over-stretched, etc.

COVID-19 sub-variant JN.1 were recorded, with the tally of cases of the new variant across the country till December 26 rising to 109, official sources said on Wednesday. Thirty-six cases were detected from Gujarat, 34 from Karnataka, 14 from Goa, nine from Maharashtra, six from Kerala, four each from Rajasthan and Tamil Nadu, and two from Telangana, they said.

Livemint, Kulkarni said he expects 2024 to turn out to be a little more challenging than 2023. However, he believes the public sector companies (PSU stocks) will continue to benefit while the IT sector is likely to see challenges in 2024 as it will experience the most slowdown. Edited excerpts: A.