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Day trading guide for today: After logging gains for seventh week in a row, Indian stock market ended lower on Monday. Nifty 50 index finished 38 points down at 21,418 levels, BSE Sensex corrected 168 points and closed at 71,315 mark while Bank Nifty corrected 275 points and finished at 47,867 levels. In broad market, small-cap index gained 0.48 per cent while mid-cap index added 0.28 per cent.

Catch Live Market Updates here Investors await the decision of Bank of Japan policy meeting wherein members are likely to debate whether economic conditions are falling into place for the bank to begin unwinding ultra-loose monetary settings. None of the economists polled by Reuters expect the central bank to end its negative interest rate policy on Tuesday with most projecting such an action to happen next year. Meanwhile, the domestic equity indices ended lower on Monday as investors seem to book profits after markets set a new high last week.

Recently, four US Senators — Bob Casey (D-PA), Richard Blumenthal (D-CT), John Fetterman (D-PA), and Kirsten Gillibrand (D-NY) — expressed deep concern about the use of artificial intelligence (AI) in scams targeting older Americans. They addressed a letter to Federal Trade Commission (FTC) Chair Lina Khan, requesting detailed information on the FTC’s efforts to track and combat these AI-enabled frauds and scams​​​​.

₹303 crore from anchor investors, ahead of its initial public offering that opens for public subscription on Tuesday, December 19, 2023. The company informed the bourses that it has allocated 35,59,740 equity shares at ₹850 per share on Monday, December 18, 2023, to the 25 anchor investors.

US Federal Reserve said that it expects the federal funds rate to be at 4.6% by end 2024 and lower thereafter, down from the earlier forecast of 5.1%. The federal funds rate is the rate at which banks in the US lend money to each other on an overnight basis. The rate currently stands at 5.25-5.5%.

Amazon antenna on the Indian Ocean island of Mauritius made contact with both, but during a subsequent handoff to another station, only one vehicle checked in. Amazon scanned the sky behind the first satellite for a signal from the second one but heard silence. The incident threatened to kill the mood for employees who’d gathered to celebrate the launch at Postdoc Brewing, not far from Amazon’s Seattle-area space operation. The team had spent years building satellites from scratch and endured months of delays launching them. Now that they were aloft, Amazon needed to make contact to ensure their solar panels had deployed. If not, the batteries would run out and the satellites would fail, a major setback for the retail and cloud-computing giant, already a late entrant in the race to build a profitable business selling internet access from low-Earth orbit.

Tamil Nadu rains: Red alert issued; 15 trains cancelled, flight operations disrupted. Check details here The Tiruchendur-Chennai Egmore Express (Train No 20606) had begun at 08:25 pm on Sunday, December 17.

Quiver Quantitative — In a significant development, Apple (NASDAQ:AAPL) has announced the discontinuation of sales for its Apple Watch Series 9 and Ultra 2 models in the United States, starting December 21 online and December 24 in physical stores. This decision, reported by 9to5Mac and confirmed by TechCrunch, arises from a patent dispute with medical technology firm Masimo (NASDAQ:MASI). over the blood oxygen sensor technology used in these models. The International Trade Commission (ITC) ruled in favor of Masimo in October, leading to a presidential review period expiring on December 25. Apple’s decision to halt sales is a proactive measure in anticipation of the final outcome of this review.

Farfetch (NYSE:FTCH) shares fell as much as 38% in early New York trading on Monday after the company announced Coupang (CPNG), will acquire its business and assets.

Before embarking on your investment journey, aiming to strike the right balance between risk and returns is nothing short of imperative. Higher the risk an investment carries, higher the reward. Vice versa is also true. 

₹75000 packed with the latest technology, there are several great options available. This guide will explore some of the best smartwatches in this price range, helping you find the perfect one for your needs. When choosing the best smartwatch ₹75,000, there are a few key things to consider.

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FTX Trading Ltd. unveiled its latest proposal for returning billions of dollars to customers and creditors, kicking off a final round of potential squabbles about how best to end the bankruptcy case of the fraud-tainted crypto firm.

A vehicle used to track longer-dated U.S. government bonds surged into a bull market, as investors seek to end three years of pain on the Federal Reserve’s willingness to consider interest-rate cuts.

What is the “wealth effect,” and why is it important? It is a great question and reminded me of “A Funny Thing Happened on the Way to the Colosseum.“ The hysterical play by Craig Sodaro features a naive Swiss farmer heading for Rome.

United States Steel Corporation (NYSE:X), commonly known as U.S. Steel, is being acquired by Nippon Steel, the two companies confirmed today.

Indian Meteorological Department (IMD) has issued red alert over South Tamil Nadu today i.e. on 18 December. As per IMD, “Heavy to very heavy rainfall with extremely heavy falls (above 204.4 mm) is likely to continue over South Tamil Nadu on December 18." Chief Secretary Shiv Das Meena informed reporters on Monday that the rains and flooding were unprecedented and that the Army, Navy, and Air Force had been called upon for assistance.

Pidge has introduced TRACE—a solution for effective fleet management, providing deep intelligence to all businesses looking to manage on-ground fleets of executives and vehicles. Enabling no-touch management for logistics teams, TRACE offers businesses real-time intelligence on fleet and vehicle Tracking, effective Routing, real-time Alerts, Customisability, and Exception management (TRACE).

drones to manage traffic on NH-8, making it the first time such technology has been used for this purpose in the city. The drones are being deployed to identify congestion and facilitate quicker response times, as well as issue fines for lane driving violations, a TOI report stated. On Friday, the first drone was set up, resulting in the issuance of at least 50 fines to drivers of commercial vehicles who abruptly switched lanes on the expressway.

Sandip Sabharwal, asksandipsabharwal.com, says “there is no missing the bus in the stock markets. You miss the bus, another bus comes after some time, you catch that. So, this entire FOMO thing is bad for health. Secondly, I am not predicting a major fall in the market. I do not think that the economic outlook, the interest rate outlook and inflation outlook which is there today represents the possibility of a big selloff, but there will be corrections. As those corrections play out, that time should be used by people to buy.” Everybody is feeling FOMO. But do you think for those who are not getting hit with this FOMO effect, will actually feel JOMO if they do not buy now? There are people who bought early, so they are not feeling FOMO. That is how we need to see. Now, I will say that the FII flows follow a very structured pattern. So, it was very clear that as the bond yields globally peak out, as the dollar index starts declining, these fund flows will reverse. So, it was a matter of time and it is happening now.

Tamil Nadu district, the Southern Railways has issued a list of several train services that have been fully cancelled, partially suspended or diverted. The Railways said that changes made in the pattern of train services due to water logging in Tirunelveli Yard. It also said that the traffic has been suspended in the Tirunelveli-Tiruchendur section, between Srivaikuntam and Seydunganallur, as 'the ballast' has been washed away and the track is 'hanging' and water is flowing over the railway tracks.