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Subscribe to enjoy similar stories. The promise of big returns from thematic and sectoral funds comes with equally high risks. With nearly half of the 147 thematic and sectoral mutual funds trading below their issue price as of December, it is important to assess whether thematic funds belong in your portfolio or if they are better avoided.

Google CEO Sundar Pichai has emphasised that 2025 will be a pivotal year for the company, urging employees to accelerate efforts as they navigate a rapidly changing landscape of artificial intelligence (AI) and heightened regulatory scrutiny. Speaking at a strategy meeting on 18th December, Pichai told staff that the stakes were high, urging them to «internalise the urgency of this moment» and «move faster as a company.»

Gujarat Fluorochemicals Limited (GFL) at around 10 pm on Saturday, Dahej police station inspector BM Patidar said.

Rupee settled at new lows as the year closed as dollar's resurgence weighed on emerging-market currencies.

If you’re planning on ringing in the new year quietly at home, you’re not alone

«Persistent concerns over FII outflows and the depreciating rupee, along with potential adverse tariffs and reduced expectations for rate cuts in 2025, contributed to the muted market trend. Uncertainty surrounding Trump's economic policies and high valuations may impact the stock market in the short term, particularly in emerging markets,» said Vinod Nair, Head of Research, Geojit Financial Services.

European Central Bank could be longer in coming after a recent uptick in inflation, ECB Governing Council member Robert Holzmann was quoted as saying on Saturday.

For 2024 till 27th December, FIIs net sold equity for Rs 1,19,277 crore through the exchanges.

Nifty spent the truncated week struggling to stay afloat just below the key resistance levels. With just four working days, the Nifty resisted each day to the 200-DMA and failed to close above that point. The trading range got much narrower, and the Nifty oscillated in just 291.65 points before closing with a minor gain. The volatility also cooled off as compared to the previous week. Against the surge of 15.48%, this week saw India VIX declining by 12.17% to 13.24. Following strong consolidation, the headline index closed with a modest weekly gain of 225.90 points (+0.96%).

Subscribe to enjoy similar stories. If there’s one fashion trend that’s here to stay, it is that of fashion collaborations—when two brands, usually one larger than the other, come together to create a limited-edition product or a capsule collection. The idea isn’t new and can be traced back to when legendary designer Elsa Schiaparelli teamed up with surrealist artist Salvador Dalí in the 1930s, creating pieces like the Lobster Dress, but the constant fusion of often different aesthetics pushes the boundaries of fashion.

Even with its slight loss on Friday, the U.S. dollar was headed for an almost 7% annual gain, as traders anticipated robust U.S. growth, as well as tax cuts, tariffs and deregulation by the incoming administration of President-elect Donald Trump, would make the Federal Reserve cautious on rate-cutting well into 2025.

Markets watchdog Sebi on Friday clarified the rules for transfer and transmission of shareholding among immediate relatives for investment advisers, research analysts, and know your client (KYC) registration agencies (KRAs). The move aims to streamline regulatory compliance and protect investor interests while ensuring transparency in the functioning of these intermediaries. With regards to transfer among immediate relatives, Sebi, in its circular, clarified that transferring shares among immediate relatives will not constitute a «change in control.»

LTIMindtree Ltd. 0.91 per cent to Rs 5698.20 at 12:38PM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 4,006 shares with a turnover of Rs 2.29 crore till 12:38PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 36.25, while the price-to-book value ratio stood at 7.30.

«We do expect some bullish factors still to play out like Ramzan, but we are expecting big Latin American soybean oil crops so that will moderate the bullishness,» says Nadir B Godrej, CMD, Godrej Industries. Let us discuss what has happened in October to November and that is the surge in the palm oil prices. They had surged a bit, but then there has been a bit of a volatility. They have corrected a bit of late as well. What is the sense on the prices going forward? Are they expected to be as volatile or what are the levels that you are watching out for? Nadir B Godrej: This has been a very unusual situation because palm oil has had a huge premium over soybean oil, which we have not seen in the past. It was always a discounted oil, but it is in high demand nowadays for both biodiesel as well as for speciality fats and that is keeping palm oil at a premium to the other oils. It was even at a premium to rapeseed oil and sunflower oil for a while and a big premium to soybean oil.

On the technical charts, the 200-DMA of the stock stood at Rs 936.83, while the 50-DMA was at Rs 824.25. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Zomato’s 2024 year-end report highlights India's food delivery and dining trends, providing intriguing insights into the nation’s culinary preferences. From biryani’s unwavering popularity to record-breaking restaurant bills and impressive savings, the data paints a vivid picture of Indian food culture.

Bank of Baroda traded at Rs 246.55 on BSE at 12:02PM (IST) on Friday, 0.12 per cent from previous close. The stock quoted a 52-week low price of Rs 219.45 and a high of Rs 298.45.

Ambuja Cements Ltd. rose 0.22 per cent to Rs 549.95 in Friday's trade. It hit an intraday high of Rs 553.80 and low of Rs 545.20, respectively, during the day. The stock quoted a 52-week high price of Rs 706.85 and low of Rs 452.90.

Adani Power Ltd. 0.13 per cent to Rs 506.50 in Friday's trade as of 12:17PM (IST). The stock hit a high price of Rs 513.65 and low of Rs 505.80 during the session. The return on equity (ROE) for the stock stood at 58.53 per cent. Traded volume on the counter stood at 12:17PM shares and turnover at Rs 18.58 crore around that time. The stock of Adani Power Ltd. quoted a 52-week high price of Rs 896.75 and 52-week low prices of Rs 430.85, respectively.