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The cryptocurrency market witnessed a remarkable recovery in 2023 with a staggering 109% year-over-year (YoY) surge. However, what captured the attention of the Binance Research team was the notable growth of the BRC-20 token standard throughout the year.

The crypto industry is anticipating a positive shift in 2024, with several key trends shaping the landscape.

A pair of surveys released from the Bank of Canada on Monday show many firms’ price plans are “slowly returning to normal” after a period of elevated inflation, thanks in part to a slowdown in consumer spending and easing in the labour market.

demat account, understanding how to navigate through turbulent market conditions is crucial. While market fluctuations can be intimidating, they also present opportunities for strategic investing. Here are some tips to help new investors successfully navigate market volatility using a demat account.

Also Read: DMart: Market not impressed by Q3 earnings as stock closes with marginal gains; what should investors do next? Notably, 32 constituents of the index finished the session in the green zone, with the five heavyweights contributing 158 points, or 78%, to the Nifty 50's overall rally. Among these, HDFC Bank emerged as a significant contributor, supporting 66.16 points to the index rally. During today's trading session, the stock witnessed a 1.93% spike, reaching ₹1,672 apiece.

After a positive year with S&P 500's performance exceeding 20%, slow starts, like the one we've encountered, are a common occurrence.

Silvia Venturini Fendi plucked heirlooms from an aristocratic family hope chest and embellished them with details long released from the feminine realm for a highlands-stomping menswear collection previewed Saturday during Milan Fashion Week

Africa’s biggest oil refinery has begun production in Nigeria after a yearslong wait

Samsung Galaxy S24 series launch event, scheduled just two days from now, speculation abounds regarding the pricing of the forthcoming flagship smartphones. Leaks suggest a potential pricing shift, raising questions about consumer expectations for the new devices. The South Korean tech giant has been touting advanced AI features that are poised to elevate the user experience with the Galaxy S24 series.

Gold and silver started Monday’s session a touch higher, before easing off their best levels at the time of writing.

₹8.3 lakh) or more—has grown nearly 12 times faster than the overall population in four years starting 2019-20, according to a Goldman Sachs report released last week. The report estimated that the number of such individuals will top 100 million in just three years’ time if the pace of growth seen in the last four years sustains (the current number is estimated at around 60 million).

Avenue Supermarts, which operates the retail chain of DMart, has failed to impress investors with its Q3 FY24 earnings, as the company's shares in today's trading session ended with a modest 0.37% gain at ₹3,855 apiece. The company released its Q3 FY24 (third quarter) numbers on Saturday (January 13), posting a 17.2% YoY growth in its consolidated revenue from operations at ₹13,572 crore, as compared to ₹11,569 crore in the same period last year.

On a month-on-month basis, the pace of redemptions spiked by 48.9% to reach Rs 38,900 crore in December taking net inflows to Rs 17,700 crore during the month. It was a marginal uptick from Rs 16,900 crore in November 2023. Notwithstanding the trend, the domestic MFs’ equity asset under management (AUM) rose for the 10th consecutive year to reach Rs 23.8 lakh crore, which was up 43% YoY in CY23.

₹40,101 DMart achieved in Q3FY20," said analysts from Nuvama Institutional Equities. DMart added five new stores last quarter taking the total count to 341 with a retail business area of 14.19 million square feet. For the nine-month ended December, 17 stores were added vis-à-vis 22 in the same period last year.

The good work of bulls was done early last week but rallies had run out of steam by Friday's close, although the weekly charts still look good.

TVS Motor, one of the country's leading two-wheeler makers, surpassed the ₹one lakh crore market capitalisation in today's trade as its shares hit a new peak of ₹2,108.95 apiece. Over the past year, the company's market capitalisation has surged by ₹53,000 crore. Also Read: Nifty 50 advances for 5th straight session, crosses 22,000 mark for first time; Wipro, Infosys, TCS among major gainers The company's shares have been performing exceptionally well on Dalal Street.

SBI Cards and Payment Services Ltd. traded 0.91 per cent up at Rs 773.7 on Monday at around 12:55PM (IST), while the benchmark BSE Sensex advanced 606.02 points to 73174.47. As many as 29,376 shares changed hands on the counter with a total value of Rs 2.25 crore.

Prateek Aggarwal, CFO and Ramachandran Sundararajan, Chief People Officer, HCL Tech, in conversation with ET Now. Prateek Aggarwal says: We continue to have a good margin story for the full year. September quarter was a great one and so was December. We look forward to close the year at a good clip. Ramachandran Sundararajan says: “We will continue the hiring trend for Q4 to support the growthwe have projected for Q4. Our lateral hiring will continue for Q4. In the case of fresher hiring, we continue to honour our commitments for on-boarding. We will see a fresher on-boarding happening in Q4 as well. So net-net, we expect Q4 to be a net addition to our headcount. But it is early to talk about FY25.” The company recorded a strong 32% growth in the P&P business. Want to understand that, was there any one-off or this was bunching up which actually fuelled the growth? Prateek Aggarwal: No, no one-off. Actually, that is the inherent seasonality that we have in the software business. It all depends on which customers and how many of them we are in touch with during that quarter. This business has 7,000-8,000 customers. So the seasonality is dependent on the number of customers that have their renewals coming up in this quarter.

Geojit Financial Services observed that the current rally in the market, primarily driven by momentum, is now getting support from fundamentals. He said the sharp bounce in large-cap IT stocks on the back of slightly positive management commentary indicates that an underperforming segment can surprise on the upside on news of a turnaround in the sector. Also Read: Nifty 50 advances for 5th straight session, crosses 22,000 mark for first time; Wipro, Infosys, TCS among major gainers Vijayakumar further added that the Nifty has broken out on the upside from the consolidation range and it shows signs of a further up move.

Pidilite Industries Ltd. gained 0.41 per cent to Rs 2744.0 in Monday's trade as of 12:19PM (IST). It hit a high of Rs 2746.6 and low of Rs 2718.4 during the session.

Luxury car sales in India scaled a record high of 42,731 units in 2023, up 20% year-on-year. Carmakers attributed the pickup in sales to a lifestyle change after Covid-19, making many younger professionals opt for high-end cars, and said the trend is expected to continue, citing rising disposable income levels. The growth potential of this segment is huge given the low penetration of a little more than 1%, they said. “Last year, we recorded best-ever sales in the Indian market,” said Santosh Iyer, managing director at Mercedes Benz India, which plans to launch a dozen vehicles, including electric vehicles, in 2024. BMW, which achieved more than 50% market share, expects to grow in double digits in 2024, said Vikram Pawah, president, BMW Group India. The transition to electric vehicles will help accelerate luxury sales, according to experts. Strong payouts on employee stock options and corporate earnings coupled with a recovery in economic growth has resulted in a wider net of rich young achievers, they said. India’s luxury car market is at an inflection point, moving from a phase of explosive growth to one of sustained, quality-driven expansion. While the immediate future might see a moderation in growth rates, the long-term outlook remains positive, driven by strong fundamentals and evolving young consumer preferences to pay a premium for luxury products, said Ravi Bhatia, president, Jato Dynamics.