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In the wake of unprecedented global challenges, India’s residential real estate sector has shown remarkable resilience, laying the foundation for a promising 2024. Despite the challenges posed by the global pandemic and various economic uncertainties, early indicators suggest that 2024 could emerge as a resilient and promising year for the industry.

Page Industries Ltd. traded at Rs 34025.0 on BSE at 01:08PM (IST) on Thursday, up 0.05 per cent from previous close. The scrip quoted a 52-week low price of Rs 33685.7 and a high of Rs 43599.0.

MphasiS Ltd. traded 3.28 per cent higher in Thursday's session at 01:14PM (IST). The stock opened at Rs 2341.25 and has touched an intraday high and low of Rs 2451.55 and Rs 2337.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 2835.0 and a 52-week low of 1660.65. About 2,430 shares changed hands on the counter so far.

Pidilite Industries Ltd. traded 1.54 per cent up at Rs 2867.25 on Thursday at around 12:43PM (IST), while the benchmark BSE Sensex advanced 488.0 points to 73249.89. As many as 10,246 shares changed hands on the counter with a total value of Rs 2.89 crore.

Bitcoin price growth could continue, a South Korean crypto analyst has predicted, as “crypto fever” slowly takes hold in the nation.

Being in the limelight in the rapidly evolving digital currency industry, Bitgert has captivated all eyes towards its ecosystem. In recent months, we have observed the price of Bitgert rising significantly, attracting more investors to its project. Setting itself apart from other projects in the industry, its dominance stems from multiple factors. Such factors include innovative technology, community-driven ethos, practical use cases, transparency, security, strategic partnerships, active community engagement, and eco-friendly initiatives. This is the first project which focuses on every concern of the cryptosphere.

Investing.com-- Most Asian currencies retreated on Thursday, while the dollar steadied from recent gains as markets sought more cues on U.S. interest rates from producer inflation and retail sales data due later in the day. 

Investing.com-- Most Asian stocks stuck to a tight range on Thursday in anticipation of more cues on U.S. inflation and interest rates, while losses in Japanese markets extended into a fourth straight session amid persistent jitters over the Bank of Japan. 

Shyam Prakash Jain, Ajmer, Rajasthan Before we understand what are manufacturing mutual funds we should first understand what are sectoral mutual funds. Sectoral mutual funds are a type of equity mutual fund that invests in a specific sector or industry of the economy, such as banking, technology, pharma, energy, etc. These funds aim to capitalise on the growth potential and opportunities of a particular sector by investing in the stocks of the companies belonging to that sector.

“While the Nifty has hit its fair value zone on a fundamental basis, behavioral indicators indicate a bullish sentiment, suggesting further potential for market rallies,” says Nimesh Chandan, CIO, Bajaj Finserv AMC. In an interview with ETMarkets, Chandan who has over 22 years of experience in capital markets said: “Rather than narrowing the selection to one ratio (dividend yield), one can focus on companies trading below their intrinsic value. One finds many of the quality compounders in this category,” Edited excerpts: We have hit record highs in March – what do you see markets headed? Nimesh Chandan: India is outperforming both emerging and developed markets in economic growth, macro stability, earnings growth, and political stability. The Nifty earnings have reached record levels, fueling a bullish market trend.

“We are up 4.4x since January 2020. A Rs 50 Lakh investment pre COVID in January 2020 would have become Rs 2.2 Crores as of 29th Feb 2024,” says Arihant Bardia, CIO and Founder, Valtrust. In an interview with ETMarkets, Bardia said: “We are 38% in large caps, 29% in mid-caps and 33% in small caps. This weight keeps changing every month during rebalance,” Edited excerpts: Thanks for being part of the segment. please take us through the performance of the funds so far in 2024 and for the calendar year 2023? In 2023, the Valtrust Momentum fund surged ahead with an impressive return of 59.1%, outperforming the broader market represented by the S&P BSE 500 TRI, which posted a return of 27.4%.

Krystal Integrated Services will open for subscription today. The issue consists of fresh equity sale worth Rs 175 crore and an offer for sale (OFS) of Rs 125 crore. Ahead of the IPO opening, the company has raised Rs 90.04 crore from 10 anchor investors including BofA Securities, Aegis Investment Fund, PCC, Saint Capital Fund among others.

Stock market today: On account of broad-based selling across segments, the Indian stock market ended lower on Wednesday. The Nifty 50 index witnessed a sharp correction on the previous session and ended 338 points or 1.51 percent lower at 21,997 level.

real estate demand across the country. Capital flows hit a record $1.3 billion, compared to $600 million in 2022, according to real estate consultancy CBRE. While average annual inflow from 2019 to 2022 stood at $500 million, more than 85% of transactions in these cities were focused on development sites and the logistics sector. According to CBRE, several cities such as Ahmedabad, Indore, Jaipur, and Coimbatore are also seeing robust private equity (PE) interest across sectors such as e-commerce, startups, banking, financial services and insurance (BFSI) — all of which can have a complementing impact on real estate investments.

Ambani pre-wedding celebrations in Jamnagar have made headlines in more ways than one. The array of premium handcrafted jewellery worn by the guests has stoked enormous interest, especially on social media, prompting top jewellers to focus on such ornaments studded with emeralds, sapphires, rubies and diamonds. “We have just launched a new line with platinum, crafted in a pattern with emeralds and diamonds,” said Rajiv Popley, director of Mumbai-based Popley & Sons that sells high-end jewellery. “Demand has picked up for this kind of jewellery after the pre-wedding bash. Indian customers can relate to what had been worn… It’s all over social media.” Prices typically start from `5 lakh and go up to `1 crore, Popley said. “A pair of earrings from our new line of jewellery studded with emerald and diamonds costs `7 lakh,” he said. Chairman Joy Alukkas said his eponymous chain will be launching a gemstone-studded premium line — spurred by the Ambani celebrations — by the end of next month. “We are working on the designs,” he said. This is a shift for Joyalukkas, which typically has a range dominated by gold and diamonds, although the retail chain does sell affordable, gemstudded ornaments in its north India stores.

By Caroline Valetkevitch

Saudi Aramco (TADAWUL:2222) closed out 2023 with an impressive profit of $121.3 billion, securing the top spot globally for profits among publicly listed companies.

A comprehensive study dissecting recent trends in the use of health savings accounts sheds fresh light on the dynamic between increasing spending on health care and the growth of HSA balances.

Statistics Canada says households owed $1.79 in credit market debt on average for every dollar of disposable income in the fourth quarter.

₹11.1 trillion, up more than 11% from the ₹10 trillion budgeted for 2023-24 (and up 17% from this year’s revised budget estimate). The finance minister’s speech laid emphasis on the substantial multiplier effect of capex on both economic growth and employment generation. Employment is the link between economic growth and higher standards of living.

The artificial intelligence (AI) boom that took the world by storm in early 2023 extended into this year, with the likes of NVIDIA Corporation (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), and Super Micro Computer (NASDAQ:SMCI), among many others, continuing to reap benefits from this technological revolution.