Waves Financial News

The NSE Nifty 50 index rose 0.13% to 20,997, while the S&P BSE Sensex settled 0.15% higher at 69,928. Here's how analysts read the market pulse: «There's a strong resistance at 21,000, with call writers actively building positions. A decisive breakthrough above 21,000 is necessary to resume the uptrend.

WASHINGTON—U.S. public opinion remains favorable toward Israel in its war with Hamas, but just over a third of Americans say they are equally sympathetic to both the Israeli and Palestinian people, a new Wall Street Journal poll finds. Fifty-five percent of those polled said they believe Israel is taking the military action needed to defend itself and prevent another attack by Hamas, compared with 25% of respondents who said Israel’s military action is disproportionate and going too far.

This week will be the capstone of 2023 because whatever happens this week will be a send-off message as 2024 approaches.

The Ranbir Kapoor-starrer has emerged as a veritable box-office phenomenon. The action drama has crossed Rs 717 crore at the global box-office. Taking to Twitter, trade analyst Sumit Kadel described the movie as an all-time blockbuster and shared a breakdown of the movie’s daily earnings at the overseas box-office. He revealed that the movie had crossed the Rs 700 crore mark within 10 days of its release. The movie remained stable since its release, earning double-digit figures every single day. On day 10 Sandeep Reddy Vanga directorial earned an impressive Rs 56 crore. The movie also became one of the six Indian movies to cross $11 million in North America.

Right-wing economist Javier Milei has been sworn in as Argentina’s president and has immediately moved to prepare the public for a painful shock adjustment with drastic public spending cuts

Milestone Alert!Livemint tops charts as the fastest growing news website in the world

BJP's stellar performance in the recent Assembly polls is an acknowledgement of the tremendous welfare work Prime Minister Narendra Modi's government has done for the people in nine years, Maharashtra Chief Minister Eknath Shinde said on Saturday. In Assembly polls held in five states between November 7 and 30, results of which were declared on December 3, the Bharatiya Janata Party retained power in Madhya Pradesh emphatically and unseated the Congress in Rajasthan and Chhattisgarh.

Doja Cat, the chart-topping sensation, is set to embark on The Scarlet Tour in Europe from June 11, 2024, to July 5, 2024. This musical journey will traverse the continent, captivating audiences in renowned venues across Europe and the UK. The tour is a celebration of her latest album, «Scarlet,» released on September 22, 2023, and promises an unforgettable experience for fans eagerly awaiting her live performances.

MUMBAI : The Nifty and Sensex scaled fresh record highs, driven by FPI buying, as RBI’s rate setting committee kept the repo rate unchanged but raised the economic growth forecast by 50 basis points to 7% from FY24. However, analysts remain divided on the near-term market prospects, with the Fed meeting next week being the only immediate trigger. The Nifty logged the longest winning streak in three years this Friday, hitting a fresh record of 21,006.10 while the Sensex surged to an all-time high of 69,893.80, falling shy of the 70,000 mark by just 106 points as FPIs net purchased shares worth a provisional ₹3,632.30 crore.

As broadly expected, the Reserve Bank of India (RBI) maintained status quo on key policy rates in its MPC review meeting on Friday, reaffirming its withdrawal policy stance. The move bodes well for the housing market in India and will reinforce confidence among potential homebuyers.

Yesterday was a very boring day in my view. The job report comes today, and it feels like everything I read is about November being a strong job report because of the autoworkers and screenwriters coming back to work.

As we move towards the end of 2023, milestones are achieved, and trends shift at a remarkable pace. The recent rally in the Shiba Inu (SHIB) coin is a testament to the dynamic nature of this space.

Wi-Fi routers designed to meet the challenges of today's connected homes. As the hub of your home network, a Wi-Fi router plays a pivotal role in supporting various devices simultaneously, from smart TVs and gaming consoles to smartphones and laptops. The introduction of bandwidth-intensive applications and the surge in remote work and online learning emphasize the need for a robust and efficient router.

After more than a half-century of making music together, Daryl Hall is suing John Oates over a proposed sale of his share of a Hall & Oates business partnership that Hall says he hasn’t approved

Stocks finished lower as risk-off seemed to be a theme yesterday, with oil prices slumping below $70. Oil has been a harbinger of all things these days, and the best thing that can happen with oil, at least over the next 6 to 12 months, is to do nothing. Rising oil could stoke more inflation while falling oil suggests global growth is a real concern. Oil above $70 and below $90 would be ideal, but unfortunately, that is not happening.

When she applied for a job at a creative agency that worked with the snack maker Mondelez, Kyra James wanted to throw in something sweet. A big fan of the company’s Sour Patch Kids, James mocked up a screenshot of a video call with some of the tart, sugar-encrusted gummies. The colorful waifs waved back at her.

ZestMoney's abrupt closure was primarily driven by its non-bank lending partners' decision to terminate credit lines to the fintech startup. Two people in the know said partner lenders to ZestMoney like Aditya Birla Finance had conducted multiple diligence meetings over the last six months with the startup’s new leadership, before they decided to pull the plug last week.

After-Hours Stock Movers:

Cybercriminals tend to exploit the Christmas and New Year's holiday season, making it crucial to be aware of their tactics to ensure safety, as per a New York Post report. A recent warning from YouMail highlights a concerning trend involving a fresh wave of robocalls. These calls falsely claim to be from major entities such as Amazon, Apple, Visa, and Chase Bank. The scammers employ tactics to alarm users by fabricating information about unauthorized purchases, aiming to coerce them into divulging personal information. If users succumb to these deceptive tactics, the scammers proceed to hijack credit cards, Amazon accounts, or bank accounts, intending to pilfer significant amounts of money from their victims. Staying vigilant and informed is key to thwarting these cyber threats, as per New York Post report. Fraudsters also engage in impersonating subscription services such as NortonLifeLock or McAfee, discussing expensive renewals. They employ a tactic of blending these fraudulent calls with emails, each featuring various callback numbers that are frequently altered. Another facet of this scam involves deceptive calls alleging to be from reputable institutions like Visa or Chase Bank, specifically addressing purported suspicious charges on your credit cards. These calls are particularly convincing as they leverage well-known brand names to entice individuals into falling for their schemes. Staying cautious and recognizing these tactics is crucial to avoid falling victim to such scams.

A conglomerate of unions in Norway says it will take action against Tesla in solidarity with its Swedish colleagues

The cryptocurrency bulls are back again. Bitcoin surged to US$44,000 on Dec. 5, its highest in nearly 20 months, marking a dramatic 150 per cent rise so far this year. After losing more than 60 per cent of its value in 2022, its climb back has sparked yet another wave of euphoric calls: industry veterans now project the token will breach US$100,000 by the end of 2024, and at least US$750,000 by 2026. Competitors including ether, dogecoin, solana and cardano are all up by double-digit percentages, too.