The Nifty Bank index was trading 0.25 per cent at 51441.90.
A total of 1,808 shares changed hands on the counter till 11:01AM (IST)
Former Chief Economic Adviser Krishnamurthy V Subramanian and Zoho CEO Sridhar Vembu stress the importance of fostering indigenous capabilities to drive India’s growth. Highlighting the need to reduce dependence on foreign talent and products, they advocate for inclusive development and economic freedom. Their shared vision calls for nurturing local talent and prioritising innovation to address India's unique challenges, ensuring equitable progress and a stronger global standing.
US President-elect Donald Trump paid tribute to former US President Jimmy Carter, who passed away at 100 in Georgia. Trump described Carter as a good man who made significant efforts to improve Americans' lives despite political differences. Carter, remembered for his achievements like the Camp David Accords, was honoured by Trump and others.
The IPO of Indo Farm Equipment opens for subscription on Tuesday with a price band of Rs 204-215 per share. The company, a manufacturer of tractors and cranes, aims to raise Rs 260 crore. The offering includes a fresh equity issue of Rs 185 crore and a sale of 35 lakh shares. The GMP is Rs 80.
Bitcoin fell nearly 2% to below $93,100 after the Federal Reserve's cautious outlook on rate cuts and their decision against stockpiling Bitcoin. The cryptocurrency lost critical support and might head towards $92,000, impacting other major cryptocurrencies, though Ethereum remained steady.
The Nifty IT index was trading 0.37 per cent at 43560.95.
A total of 17,355 shares changed hands on the counter till 10:56AM (IST).
Jimmy Carter's negotiation of the Camp David Accords was his key achievement, fostering enduring peace between Israel and Egypt. Post-presidency, he criticized Israel's treatment of Palestinians, likening it to apartheid in his 2006 book, sparking backlash. Despite resignations from The Carter Center advisory board, Carter stood by his claims, highlighting human rights abuses in Palestinian territories.
On December 27, four stocks with market caps over Rs 10,000 crore saw closing prices above their VWAPs, indicating potential bullish trends, including PTC Industries, Jyothy Labs, Fortis Healthcare, and JSW Infrastructure.
The NSE Nifty index was trading 24.55 points up at 23837.95
In 2024, several mutual fund categories gained prominence, including defence, mid cap, small cap, PSU, and international funds. Defence funds faced valuation issues, mid cap and small cap funds saw froth concerns, PSU funds performed well, and China-based international funds delivered significant returns. Experts recommend diversification, cautious investments, and a focus on market dynamics.
The NSE Nifty index was trading 4.0 points up at 23817.4
A total of 63,853 shares changed hands on the counter till 10:45AM (IST).
Here are some surprising health benefits of spinach leaves:
India emerged as a strategic trade partner at SPIEF 2024, and its manufacturing and tech prowess is crucial for Russia’s trade future, says Alexey Valkov.
They do not see any need to take these measures politically. Now, economically, there is a need because consumption has been stuck in a groove for more than two years now, not moving.
Israel's Mossad infiltrated Hezbollah at a deep level, uncovering secret personal details about senior commander Fuad Shukr, including his four mistresses and their phone-based weddings. Shukr, a co-founder of Hezbollah, was a high-priority target after his role in the 1983 Beirut bombing. His death in a missile strike highlights the successful Israeli intelligence efforts that ultimately led to the downfall of several key Hezbollah leaders.
The 30-share BSE Sensex was down 44.75 points at 78654.32
On the technical charts, the RSI of the stock stood at 42.68.
Arvind Kejriwal has expressed support for Haryana's decision to increase ex-gratia from Rs 50 lakh to Rs 1 crore for families of fallen soldiers. He mentioned that Delhi and Punjab governments already provide Rs 1 crore and urged other states to follow suit. Haryana CM Nayab Saini also announced an increase in monthly pension for Matribhasha Satyagrahi of 1957.
Income tax return: Stockbrokers can also ask for your ITR even if you gave one during the time of account opening. Tejas Khoday from FYERS say: "Generally, brokers don't ask for ITRs once an account is active. However, exceptions exist. For instance, if there's any unusual activity in the client's account or a potential mismatch between declared income and trading volumes, brokers may request an update to the client's declared income range."
2024 witnessed a surge in IPOs with major companies raising funds, surpassing Rs 3 lakh crore. This trend is expected to continue in 2025 with significant listings from giants like Flipkart, LG India, and Reliance Industries' Jio. Subsidiaries of listed firms are also planning IPOs, potentially setting new fundraising records.
Indian stock market sees strong performance in 2024 with significant gains in Sensex and Nifty. In 2025, key factors changes in U.S. trade policies, geopolitical developments and central bank's actions. Rate-sensitive sectors and Al adoption are among the critical themes to watch
The Nifty Pharma index was trading 0.53 per cent at 23130.30.
