How will crypto fare in 2024? Here’s what experts say
Even bluechip crypto like Bitcoin and Ethereum surged 160% and 90%, respectively. Bitcoin prices zoomed to touch $44,000 in early December, after Blackrock, the world’s preeminent asset manager with over $9 trillion in assets under management, filed for Bitcoin spot ETF. It has now settled around $43,000, about 155% higher than what it was at […]
India, Oman free trade agreement likely to be inked next month: Official
Oman ranks as India’s third-largest export market within the Gulf Cooperation Council (GCC) nations. The agreement is anticipated to boost Indian exports further after the implementation of the free trade agreement. Presently, more than 80% of Indian goods face an average 5% import duty upon entering Oman, with few existing trade barriers.
Tech View: Nifty moves closer to 21,500 hurdle point. What traders should do on Wednesday
The sentiment remains optimistic as the index stays above critical moving averages. At 21,500, there could be significant immediate resistance. A decisive breakout beyond this level could potentially propel the index into a substantial rally. Until then, the index is expected to remain within the range of 21,300 and 21,500.
Stellar Start! These 7 SME IPOs rose more than 150% on listing day
Muthoot Microfin share price drops further after discount listing. Good opportunity to buy?
Analysts said a series of NBFCs getting listed in the last few months and a wave of other IPOs led to a divergence of focus from Muthoot. Furthermore, the company is more focused on the Southern region and valuation is on par with other listed NBFCs, which might be a reason for the tepid debut […]
What is rebalancing a portfolio? How to go about it? Rachna Dattani answers
Rachna Dattani says: “One needs to understand that expecting a CAGR return of 12% to 15% is the most logical way of approaching your investment rather than an expectation of 30-35% which has happened over a period of last one year which is kind of very different from what markets have always been.”
Technical Stock Pick: Stay put for the long term! This new-age stock could hit fresh record highs in next 12 months
Medium to long-term investors can look to buy the stock now or on the decline for a possible 12-month target of Rs 184 in the 9-12 months, they say.
Year-ender 2023: Gold Vs Sensex – who won the battle of nerves?
ETMarkets also analysed returns of largecap companies listed on the BSE to conclude that 65 stocks have higher returns than gold in 2023, with two stocks delivering multibagger returns of nearly 120% viz. Hindustan Aeronautics (HAL) and Zomato.
Infosys shares under pressure after losing $1.5 billion deal
Shares of Infosys, which will announce its December quarter results on January 11, are flat on a year-to-date basis. In the second quarter, the Bengaluru-based company had reported a 3% growth in consolidated net profit at Rs 6,212 crore. Consolidated revenue grew nearly 7% YoY to Rs 38,994 crore.