BSE, NSE holidays in 2024: Investors to enjoy 4 long weekends in first three months
In January, exchanges will remain closed on January 26 on account of Republic Day, which is falling on Friday. Hence, there will be three consecutive days off for investors/traders following a long weekend of Saturday and Sunday.
FPIs invest Rs 4,773 crore in Indian equities in first week of January
A further decline in US interest rates will likely increase FPI purchases in 2024, particularly in the early months in the run-up to the general elections and the largecaps will be major beneficiaries, said Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Apple is the least-loved big tech stock on Wall Street; here’s why
Nearly unanimously bullish on big tech, Wall Street is more cautious when it comes to Apple.
Bill Ackman’s 10 rules to bet on to achieve success in investing
Bill Ackman says investors should try to invest intelligently and avoid businesses whose prospects are not well known.
RBI’s hattrick bowls out potential risks in banks
Recognizing the cyclical nature of the lending business, it becomes crucial to address potential risks during favourable periods when banks have the capacity to absorb the impact of new norms.
Gold price outlook: Will it sustain safe-haven status?
Indian gold prices surged to a fresh all-time high last year, with the most active MCX near-month futures booming to Rs 64,460 per ten grams in December. Firm overseas prices, weak Indian rupee, and expectations of an increase in jewellery demand amid peak wedding season propelled price rises.
Sobha shares record 28% gains this week. Here’s what triggered the rally
Sobha reported a 37% increase in sales bookings at Rs 1,951.6 crore in the third quarter of this financial year, mainly on the back of strong housing demand in Bengaluru. Its sales bookings stood at Rs 1,424.7 crore in the year-ago period.
Rs 8,800-crore worth block deals take place this week; ITC, Vodafone Idea among stocks with significant action
In the largecap segment, 15 companies witnessed significant block deals which were worth Rs 5,729 crore, led by Kotak Mahindra Bank.
Wall St Week Ahead: High market hopes raise stakes as US stocks face inflation data, earnings
Despite a shaky start to the year, the S&P 500 stands only around 2% below a fresh record high. Most investors have maintained a rosy view on everything from the U.S. economy and corporate profits to the Federal Reserve’s monetary policy trajectory.