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The Russell 2000 (IWM) and S&P 500 ($SPX) both finished near their respective 20-day MAs yesterday, which registered as test fails, but not enough to suggest a recovery isn't possible today.

ALSO READ: Video. After govt headquarters, Russia attacks Kharkiv police Department building Chubenko said that the missile was slightly bigger in diameter than the Russian Iskander missile, as its nozzle, internal electrical windings, and rear parts were also different.

Market optimism reaches all-time highs, and consensus amongst analysts is that 2024 will be a generational bull market. Risk assets on the long tail of the spectrum, such as cryptos, will be the largest gainers. Wise investors are making a game plan by putting together a list of the top 10 cryptos to buy now.

incumbent Prime Minister and New Delhi's close ally, Sheikh Hasina, looks to return to power for the fourth straight term amid boycott by the Opposition Bangladesh Nationalist Party. A total of 1,896 candidates are in the fray for the 300 seats. This time, 5.1% of the total candidates are women — the highest such share ever. Counting will begin after polls end on Sunday afternoon.

Altcoin Sherpa, an analyst on X, suggests that Arbitrum (ARB) and Optimism (OP) are poised for significant growth. Advising his 202,100 followers, he forecasted that ARB and OP are two crypto projects to watch out for with the recent bullish signals they are showing. Meanwhile, crypto projects like Immutable (IMX) and InQubeta (QUBE) have entered the limelight. They’ve emerged as noteworthy players on the crypto scene.

excellent state of bilateral relations, based on deep historical and fraternal ties and shared values of democracy and pluralism," a statement by the government had said after the state visit of Hasina to India in 2022. Bangladesh shares border with India's West Bengal (2216.7 km), Assam (263 km), Meghalaya (443), Tripura (856) and Mizoram (318 km) Sharing a border with Bangladesh makes the country utterly important for India which faces challenges of cross-border terrorism, national security, migration and trade.

Some creditors of the Mt. Gox crypto exchange have reportedly received double payments during the ongoing settlement process. This development adds another twist to the saga of Mt. Gox, a once-dominant Bitcoin exchange that collapsed in 2014.

Solana (SOL/USD) has experienced a challenging start to 2024, with its price dipping below $95 despite a generally optimistic trend in the broader cryptocurrency market. Notably diverging from the upliftment seen in other cryptocurrencies spurred by the anticipation of Bitcoin exchange-traded funds (ETFs), Solana’s native coin has faced a downturn. Renowned for its support of smart contracts and facilitating the creation of decentralized applications (dApps), the Solana blockchain’s prowess hasn’t shielded its coin from recent market volatility.

White Lotus cast is ever-increasing and season 3 of the hit series on HBO, has included six new cast members. These are Dom Hetrakul known for The Outrage and the Bangkok Dangerous, Leslie Bibb known for Jupiter's Legacy, Iron Man, Michelle Monaghan known for Kiss Kiss Bang Bang, Gone Baby Gone, Jason Isaacs known for The Death of Stalin and Harry Potter, Tayme Thapthimthong known for Skin Trade and Farang. Among the new inclusions is also Natasha Rothwell who would be reprising Belinda's role in Season 3 in April 2023, according to Variety.

Bajaj Auto and Chambal Fertilisers & Chemicals will be in focus on Monday, January 8, when the market resumes trade as the boards of the companies will meet to consider and approve buyback of shares. Both Bajaj Auto and Chambal Fertilisers had informed about the meetings and buyback proposals on Wednesday, January 3. While Bajaj Auto's shares have gained 5% since the announcement, Chambal Fertilisers' share price has dropped by 3.4%. On Friday, shares of the two-wheeler stock settled at Rs 6,995.90 on the NSE, up 1.07%, while those of Chambal finished at Rs 373.20, down 3.48%.

“In the last so many years, PSU banks have been hammered and not been given fair value, so most of them are still trading at one-time book. I think still there could be a good enough upside from here,” says Rahul Shah, MOFSLEdited excerpts: We have major IT companies’ results next week. IT has been rather volatile, it has continued to decline for three straight weeks. But when we talk about Friday in particular, it is the top sectoral gainer as well. In light of these results, where do you see the IT sector headed? What do you think are these results going to look like? Nifty IT moved up around 25% in 2023. My sense is there are a lot of headwinds and this quarter, numbers also should be muted. Most of the companies as a sector will record muted earnings. Our channels check suggests that the spending on the IT companies has been less and no major order book has been there.

Most of the real estate stocks have done well and we believe that another 5% to 10% kind of rally can be expected in the coming week, says Rajesh Palviya, Axis Securities. Edited excerpts. Do you believe that we could be range bound in the times ahead or there could be some weakness or strengthening from these levels next week? If we analyse the tone, it is on the bullish side and yes benchmark indices are behaving in a range-bound kind of activity since the last couple of trading sessions. If we analyse the derivative data, major put writing activities are seen around 21,500 and 21,600 strikes. So, this range is likely to act as a good support area in the decline. Even in Friday's session, we have seen a sharp dip and then again the major put writing activity has been witnessed around 21,500 strikes. We have seen a sharp pullback action from the lower end of the corrective move. So, on the higher side, the major supply zone is still placed at 21,750. That level needs to be taken out by the Nifty, then we can see short covering action and then possibly the Nifty can scale up to the level of 21,900, even beyond the 22,000 kind of level.

Coinbase  has revealed plans to offer crypto-linked derivatives in the European Union (EU) market. 

Red Sea crisis may impact trade as it is expected to push shipping costs by up to 60 per cent and insurance premium by 20 per cent, a report by economic think tank GTRI said on Saturday. This conflict could also result in increased shipping costs (40-60 per cent) and delays due to rerouting (up to 20 days more), higher insurance premiums (15-20 per cent), and potential cargo loss from piracy and attacks. The situation around the Bab-el-Mandeb Strait, a crucial shipping route connecting the Red Sea and the Mediterranean Sea to the Indian Ocean, has escalated due to recent attacks by Yemen-based Houthi militants. Due to these attacks, the shippers are taking consignments through the Cape of Good Hope, resulting in delays of about 20 days. The Houthi conflict's disruption of the Red Sea shipping lanes significantly impacts Indian trade, especially with the Middle East, Africa, and Europe, the Global Trade Research Initiative (GTRI) said. It said that India, heavily reliant on the Bab-el-Mandeb Strait for crude oil and LNG imports and trade with key regions, faces substantial economic and security risks from any disruption in this area. For overall merchandise trade with Europe and North Africa, about 50 per cent of imports and 60 per cent of exports, totalling USD 113 billion, might have used this route, it said. It added that the conflict has necessitated India to consider alternative routes, such as the longer Cape of Good Hope, which could lead to increased energy costs. India might look to diversify its sources of crude oil and LNG, and explore alternative trade routes to reduce dependency on the conflict-prone Red Sea passage, it said. «This conflict could also result in increased shipping costs (40-60 per

online scam operations in another blow to the embattled junta. The military is facing its biggest threat since seizing power in a 2021 coup after three armed ethnic groups — known as the Three Brotherhood Alliance — launched a sweeping October offensive in northern Shan state. Since November people have been fleeing Laukkai town, located in a district bordering China that is run by a Myanmar military-aligned militia and notorious for gambling, prostitution and online scams run out of compounds staffed by thousands of people, many trafficked. The alliance — made up of the Myanmar National Democratic Alliance Army (MNDAA), the Arakan Army (AA) and the Ta'ang National Liberation Army (TNLA) — said the town was now under their control. «All members from the Myanmar Army's Military Operational Command in Laukkai were disarmed and Laukkai became a clean area where there are no more members of the Myanmar Army,» the alliance said in a statement. It added that scores of junta soldiers, including some officers, had been captured and disarmed. The junta has not commented. TNLA Brigadier-General Tar Bhone Kyaw confirmed Saturday that the MNDAA had taken Laukkai. «It is their land, they got it back now,» he told AFP.

Sobha jumped over 28% this week scaling a fresh 52-week high of Rs 1,343.35 in the process. Over the five trading sessions, the stock witnessed declines on two occasions as investors booked profit following strong upticks. On Friday, Sobha shares closed at Rs 1,269 on the NSE, down by Rs 26.25 2.03%. A ‘buy’ call by brokerage Motilal Oswal along with buying action in the realty stocks triggered a sharp rally in Sobha shares this week.

Indian Navy's elite marine commandos successfully rescued 21 crew members, including 15 Indians, from the Liberian-flagged vessel MV Lila Norfolk on January 5, 2024. The action was a rapid response to an attempted hijacking in the North Arabian Sea. The operation involved deploying a warship, maritime patrol aircraft, helicopters, P-8I, and long-range aircraft, along with Predator MQ9B drones. The incident, which saw around five to six armed personnel attempting the hijacking, triggered a swift and decisive intervention by the Indian Navy. «All 21 crew including 15 Indians onboard the vessel were safely evacuated from the citadel,» PTI quoted Indian Navy's spokesperson Commander Vivek Madhwal as saying. «Sanitisation by MARCOs commandos has confirmed the absence of the hijackers.

Red Sea have thrown global shippers of vital goods for a loop — but it is hardly the only issue that big carriers are facing as 2024 kicks off. Giants like Maersk say the industry, which handles 90% of global trade, faces the possibility of significant disruptions, from ongoing wars to droughts affecting key routes like the Panama Canal. Complex vessel schedules are likely to be knocked out of sync for giant container ships, fuel tankers and other commodity haulers throughout the year.

Warren Buffett" due to his dedication to value investing and remarkable performance over time. As the founder and Chief Investment Officer of Fundsmith, a United Kingdom-based investment management firm, he has built a reputation for prioritizing high-quality, globally listed companies. At the core of Smith’s investment philosophy is the strategy of acquiring and retaining robust businesses for extended periods, diverging from the short-term trading strategies commonly used by numerous fund managers.

Buy or sell stocks: Despite cautious sentiments in the global market, the Indian stock market ended higher for the second straight session on Friday. Nifty 50 index added 52 points and closed at the 21,710 level, and BSE Sensex regained the 72,000 mark by adding 178 points in the last session of the week gone by. However, the Bank Nifty index went off 36 points and finished at 48,159 level.

Global supermarket chain Carrefour will stop selling PepsiCo products in its stores in France, Belgium, Spain and Italy over price increases for popular items like Lay’s potato chips, Quaker Oats, Lipton tea and its namesake soda.