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India Budget: Union Finance Minister Nirmala Sitharaman chaired the fourth Pre-Budget Consultation meeting on Thursday with stakeholders and experts from the export, trade, and industry sectors in preparation for the Union Budget 2025-26.

crypto assets on Thursday including Bitcoin (BTC), which was trading with minor declines. Around 1:15 pm, it was trading at $97,882.44, down by 0.07. Most major altcoins were trading with a negative bias around this time including Ethereum (ETH), Tether, XRP, Solana, Dogecoin, Cardano, Tron, Shiba Inu, Toncoin and Avalanche. They were lower by up to 5.5% around this time. However, Tron and BNB were trading in the green and were up by 0.16% and 0.73%, respectively.

«At the same time, as the order inflow, government spending has improved and it will continue to improve, then the earnings outlook for 26 will start improving,» says Amisha Vora, Chairperson & MD, PL Group. You think that is realistically possible because it has been fairly volatile the last few months and when it comes to 2025, the big trigger, of course, is Mr Donald Trump coming back and that just means volatility. Amisha Vora: But also that we are starting 25 on a slightly sober note. And in 24, we cleared a big hump in terms of elections at the centre, some of the large states election which also led to a period when central government working spending slowed down.

Subscribe to enjoy similar stories. As we approach the new year, preparation of the annual budget is proceeding in earnest. Apart from the annual balancing of expenditure, revenues and the deficit, the next budget will hopefully address some medium-to-long term priorities, as there is no other policy document that can address these concerns in the post-Five Year Plan era.

Tube Investments of India Ltd. rose 0.02 per cent to Rs 3580.00 in Thursday's trade. It hit an intraday high of Rs 3590.75 and low of Rs 3511.70, respectively, during the day. The stock quoted a 52-week high price of Rs 4807.05 and low of Rs 3338.80.

«So, the pressure for the day will at least remain. But I do not think the trend is likely to change going forward even though we have seen some bounce back in global markets,» says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. It is turning out to be a bit of a wobbly day. Even though volatility is spiking, overall action in the market in terms of the ferocity is missing. What do you make of the next couple of days? How is it likely to end the year for Nifty? Rohit Srivastava: So, it looks like a pretty much weak month and because we actually have expiry pretty early, last couple of years it was happening around the 30th or 31st. This time it is right around Christmas.

Varun Beverages Ltd. traded at Rs 623.55 on BSE at 01:23PM (IST) on Thursday, 0.58 per cent from previous close. The scrip quoted a 52-week low price of Rs 478.48 and a high of Rs 682.84.

Subscribe to enjoy similar stories. The past decade has witnessed the astronomical rise of crypto assets around the world. Their decentralized nature, transactional speed and accessibility immediately lured users.

were among the top gainers.

Havells India Ltd. traded 0.58 per cent at Rs 1663.80 at 11:41AM (IST) on Thursday, even as BSE benchmark Sensex 36.4 points to 78509.27. The scrip had closed at Rs 1673.65 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 2104.95 and Rs 1280.20, respectively.

Ahmedabad event saw a full house with representatives from a cross-section of industries, putting forth their perspective on the vibrant MSME ecosystem in Gujarat. The city’s entrepreneurial spirit and drive in its diverse industries such as textile, pharma and chemicals were highlighted at the ET Make in India SME Regional Summit on December 20.

Colgate-Palmolive (India) Ltd. 0.51 per cent to Rs 2718.10 in Thursday's trade as of 11:36AM (IST) even as the benchmark Nifty ruled at 23750.85, 23.2 points. The scrip had closed at Rs 2732.05 in the previous session. The stock quoted a 52-week low of Rs 2380.05 and a high of Rs 3893.00. The company quoted a market-cap of Rs 73876.74 crore on the BSE.

Bharat Forge Ltd. 0.4 per cent to Rs 1317.50 at 11:31AM (IST) in Thursday's trade. The counter hit a high of Rs 1331.50 and low of Rs 1313.05 so far during the session. The stock had closed at Rs 1322.90 in the previous session. The counter had a total traded volume of 11:31AM shares so far with a turnover of Rs 0.97 crore on BSE. The stock traded at a price-to-earnings multiple of 66.51 and a price-to-book ratio of 7.33.

dynamic asset allocation funds and balanced advantage funds have offered up to 20% return in 2024. Around 32 schemes in the category have marked their presence in the mentioned period. Quant Dynamic Asset Allocation Fund, the topper in the category, delivered 20.15% return in 2024. Axis Balanced Advantage Fund and HDFC Balanced Advantage Fund offered 17.63% and 16.83% returns respectively in the current calendar year.

«But broadly, it is going to be a very challenging year because I do not expect significant returns at the index level in 2025 given how strong returns have been over the last few years and the fact that earning growth has slowed down. So, to that extent, to expect the markets to do very well again in 25 is going to be a very difficult task,» says Ashwini Agarwal, Founder, Demeter Advisors. Heading into next year do you believe it is going to be a year of defensives or do you think the cyclicals will be taking over and if you are liking something from the cyclical space right now, other than your usual defensives, just give us a sense of what is looking attractive on that front as well. Ashwini Agarwal: So, my sense is that sectorally, it is very hard to make broad brush recommendations because by and large, stock prices are very well discovered. So, banking and finance is one space, healthcare and pharma is another space. Normalisation of margins in a post-COVID slump of margins for midstream pharma or for speciality chemicals is another space. So, those are some of those spaces that I am looking at. Otherwise, it is more bottom-up.

The NSE Nifty index traded 14.15 points up at 23741.8, while BSE Sensex was 0.12 points at 78472.75 as of 11:10AM(IST)on December 26.

ACC Ltd. traded at Rs 2083.10 on BSE at 11:11AM (IST) on Thursday, 0.18 per cent from previous close. The stock quoted a 52-week low price of Rs 1867.15 and a high of Rs 2843.00.

Domestic benchmark index NSE Nifty fell 11.15 points to 23738.8, while the BSE Sensex traded 16.45 points down at 78456.42.

Lupin Ltd.(up 1.11 per cent), Gland Pharma Ltd.(up 0.65 per cent), Cipla Ltd.(up 0.35 per cent), Sun Pharmaceutical Industries Ltd.(up 0.26 per cent) and Dr. Reddy's Laboratories Ltd.(up 0.26 per cent) were among the top gainers.

Subscribe to enjoy similar stories. On 24 December, amidst large-scale turbulence, the broader market indices erased all gains in the afternoon to trade in the negative after a downturn in metals, public sector bank names dampened the sentiment. Moreover, trading volumes were reduced as investors closed their books in anticipation of the festive season.