21 C 
Goa sees strong GST revenue growth in 2024, driven by digitisation and sectoral boosts
India does not believe in expansionist agendas or debt-trapping tactics. Therefore, militarily, India is poised for its golden era in 2025 and beyond, says Major General Dr Ashok Kumar, VSM (retd), Director General of Centre for Joint Warfare Studies.
How to choose the right tenure for your rental agreement
A rental agreement of 11-month or less need not be registered, unless state laws stipulate it. But an unregistered rental agreement poses some risks for both landlords and tenants.
How to calculate the interest coverage ratio
The Interest Coverage Ratio (ICR) measures a company's ability to pay interest on debt using EBIT. A high ICR indicates strong financial health, while a low ratio signals potential financial strain. It guides investment decisions and risk evaluation.
SEBI bans 9 entities from market, impounds illegal gains of over 21 crore
SEBI, through an interim order on Friday, prohibited Sachin Bakul Dagli and eight other entities from the securities market
Understanding the high EV to MCAP Ratio: What it means for investors
The EV to MCAP ratio compares a company's enterprise value to market capitalization, offering insights into its debt, cash reserves, and overall valuation. A high ratio indicates potential risk and opportunity, while a low ratio suggests lower debt.
Unimech Aerospace IPO opens tomorrow. Price band, GMP among 5 things to know before subscribing
Unimech Aerospace IPO opens on Friday, aiming to raise Rs 500 crore. The issue includes a fresh equity issue and an offer for sale, with a price band of Rs 745-785 per share.
2025 playbook for stock investors: Track these 3 powerhouse sectors
India's growth in 2025 is driven by healthcare modernization, infrastructure development, and AI innovation. These sectors present promising investment opportunities, with rising demand for healthcare, technology, and building materials fueling long-term growth.
Market capitalisation of top-10 most valued firms plunges 4.95 lakh crore; TCS, Reliance hardest hit
Reliance Industries retains the most valued firm title followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, State Bank of India, ITC, LIC and Hindustan Unilever
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities, where Tata Consultancy Services and Reliance Industries faced the sharpest erosion. Last week, the BSE benchmark tanked 4,091.53 points or 4.98 per cent.
How freelancers can avoid hidden fees and maximise their earnings
While the freelance lifestyle offers flexibility and independence, the hidden fees and deductions are often buried in fine print and are easy to overlook until they hit the pocket.
Why Nifty bulls must buckle up for the next big fall
The US Feds interest rate cut and yield curve inversion signal potential recession and market corrections, with historical trends showing negative impacts on the S&P 500. Investors should exercise caution and rebalance portfolios.
Mehul Choksi's Gitanjali Gems among 2,600+ wilful defaulters owe 1.96 lakh crore: RBI
Based on data disclosed by the RBI for March 2024, the list of defaulters is topped by Gitanjali Gems Ltd, which owes 8,516 crore.
These 6 penny stocks surge 20-40% in a week
Despite a 5% drop in Sensex, seven penny stocks gained 20-43%, with Franklin Industries, LGB Forge, and Enbee Trade & Finance showing notable increases.
Over the past two years, Zomatos shares have surged an eye-popping 350%, closing Friday at 281.85, with a market cap of 2.71 lakh crore. It now ranks higher than established stalwarts like Tata Motors, Adani Enterprises, and Asian Paints.
Institutional flows to anchor Indian equities in 2025: ICICI Securities
Despite a major sell-off which amounts to 1.5 lakh crore in the secondary markets during October and November, the Nifty delivered a 9 per cent annual return
Investing in mutual funds and ETFs? Know 5 differences between NAV and iNAV
Investors should understand NAV and iNAV to make informed decisions, align investments with market trends, and optimize returns.
One ELSS mutual fund will open for subscription this week
Bajaj Finserv Mutual Fund is set to launch the Bajaj Finserv ELSS Tax Saver Fund, an open-ended equity-linked saving scheme offering a statutory lock-in period of 3 years along with tax benefits.
Equity mutual funds lost up to 6% last week. Heres the breakup
Equity mutual funds have offered negative returns in the last week upto 6%. Sectoral and thematic funds dominated the list of negative performers. Here are 10 worst performers.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve's projected slower rate cuts. Heavy selling in financial and IT stocks pushed the Sensex down 1.5% and Nifty 1.52%, as foreign funds flowed out. European markets also declined, while US stocks rebounded slightly after a positive inflation report.
Year-ender 2024: FII selling crosses Rs 1 lakh crore in 2 sectors. Will 2025 see a U-turn?
Foreign Portfolio Investors (FPIs) focused on selling financials and oil & gas stocks in 2024, resulting in significant sectoral outflows. Outlook for 2025 suggests moderate returns, with a focus on banking, pharmaceuticals, and FMCG amid India's slowing economic growth.
745-785 a share': Unimech Aerospace leads next week's IPO action
Unimech Aerospace, a space-tech startup, is making headlines with its 500 crore IPO, priced at 745-785 per share. The issue includes a 250 crore fresh equity offer and an equal amount under an offer for sale (OFS) by key promoters.
GST meeting outcome, Christmas holiday among 9 factors that could impact markets this week
Nifty fell nearly 5% due to a hawkish US Federal Reserve, and several events are likely to influence markets next week, including GST council decisions, US stock movement, IPOs, FII/DII action, and crude oil prices.
Top investment opportunities in 2025: Key sectors to put money into for high returns in India
Top investment opportunities in 2025: India's economy is set to thrive in 2025,with promising sectors like green energy, real estate, electric vehicles, and technology.
Capital gains on inherited property: Can higher fair market value than stamp duty valuation be used?
Following the father's gift of a flat to his family, the daughters inherited shares after the mother's passing. With plans to sell the property, they need to calculate capital gains based on the father's cost and the fair market value at the time of acquisition
Movers & Shakers: Stocks that will see action this week
Here is what the charts say about the shares of Apollo Tyres, Petronet LNG and Radico Khaitan
Higher Pension: Employers must submit wage details by January 2025 to get benefits
The EPFO has extended the deadline for employers to submit wage details for higher pensions to January 31, 2025. Employers must also clarify pending applications by January 15, 2025.
FPIs turn cautious, end buying spree amid market volatility
Despite a selling spree last week, net FPI inflows for December remain positive at 21,789 crore as of December 20
Mutual fund inflows, retail interest fuelling flight to smallcaps
Janaki Krishnan The Niftysmallcap100 index has rallied over 27 per cent over a one-year period
Defensives to banking: Where investors can find comfort in current markets
In the near term, defensives like pharma, IT, and consumer sectors might act as safe havens. These sectors have underperformed over the past two to two-and-a-half years. During this time, markets were driven by real estate, capital goods, defense, railways, and other capital formation-related stocks, many of which have moved ahead of fundamentals.
Dalal Street Week Ahead: Nifty's bear trap? Why this dip could be a buying opportunity
Volatility spiked significantly, with the India VIX rising 15.48% to 15.07 over the week. The Nifty ended the week with a sharp decline of 1,180.80 points (-4.77%), underscoring several technical developments that emphasize the significance of key levels.
Scam Alert! THESE are the 10 ways scamsters can drain your bank account
Cybercrime tricks: Amid increasing cybercrimes, the State Bank of India has highlighted scams like false customs claims and digital arrests. Customers are urged to report suspicious calls and verify any unexpected financial requests to protect themselves.
IPO Calendar: 3 new issues, 8 listings investors need to watch out for next week
Bengaluru-based Unimech Aerospace will launch its Rs 500 crore IPO on December 23, with a price range of Rs 745-785 per share. The offering includes a fresh equity issue of Rs 250 crore and an OFS of Rs 250 crore by promoter shareholders. Bidding will close on December 26.
Why gold remains vulnerable despite a sharp uptick on Friday
The US Dollar Index surged to 108.541, its highest since November 10, 2022, driven by the Fed's hawkish stance and strong US GDP data. It eased to 107.82 on Friday, down 0.55%, but gained 0.82% for the week. Ten-year US yields hit a high of 4.59%, closing at 4.53%, up 3% weekly, while two-year yields peaked at 4.37% before settling at 4.31%, a 2% weekly gain.
2025: A tale of two halves; ICICI Bank, Zomato among Motilal Oswals top 10 picks
After a muted earnings performance in the first half of FY25, a recovery is anticipated in H2, fueled by higher rural spending, a strong wedding season, and increased government expenditure. MOFSL projects earnings to grow at a 16% CAGR over FY25-27E.
As 2024 comes to a close, PSU stocks have outshined, with the BSE PSU index delivering nearly 29% returns over the past year, far exceeding the BSE Sensex's 11% gain. Among these, the top 10 stocks posted impressive returns ranging from 48% to 139%.
Looking for mutual funds to invest in? Here are top 10 in 2024
The top 10 performers came from sectoral/thematic, ELSS, flexicap, smallcap, and large & midcap categories.
Nifty and Bank Nifty Prediction for the week 23 Dec24 to 27 Dec24 by BL GURU
Concurrent Gainers: 6 stocks that gained for 5 days in a row
Over the five trading sessions leading up to December 20, the Sensex dropped by approximately 5%, losing 4,092 points to close at 78,042, marking declines across all sessions.
Beware credit card card holders! There is bad news for you in this Supreme Court ruling
In a significant ruling, the Supreme Court has removed the 30% cap on credit card interest rates, enabling banks to impose higher charges. Experts warn that this could lead to a financial burden on consumers
These 5 stocks gained momentum with rising prices and volumes over last 3 days
An analysis by ETMarkets of BSE-listed stocks with a market cap above Rs 500 crore reveals that five stocks have shown consistent growth in price, trading volume, and delivery volume over the past three sessions (December 18-20), signalling increased investor interest.
Sensex rejig on Monday: Zomato to replace JSW Steel, $513 million inflows expected
The Sensex rebalancing by Asia Index Pvt Ltd ensures it reflects Indias evolving market trends. Nuvama projects notable fund flows as institutional portfolios adjust to the changes. Zomato could see $513 million in inflows, highlighting strong investor interest, while JSW Steel's exit may lead to $252 million in outflows.
After the Federal Reserve's monetary policy announcement on Wednesday, global indices sharply declined. Despite the Fed's decision to lower interest rates by a quarter point, as anticipated, the projection of fewer rate cuts next year than previously estimated dampened investor sentiment. Nifty's benchmark index has tumbled nearly 5%, marking its steepest weekly fall since June 2022. This decline has wiped out the gains of the past four weeks.
Crypto Week at a Glance: The Crypto Market Cools off Before the New Year Rally
The launch of Bitcoin ETFs has been a game-changer for the crypto market. A K33 Research report shows U.S.-listed Bitcoin ETFs, including leveraged products, have surpassed Gold ETFs in assets under management (AUM). Since their January debut, Bitcoin ETFs have reached $129.25 billion in AUM, overtaking Gold ETFs at $128.88 billion, which have been in the market for over two decades.
The Overton Window on crypto has Shifted
Bitcoin's impressive performance has outshined all other asset classes, surging 115% this year to reach a market capitalization of $1.8 trillion. This positions it above silver and at roughly a tenth of gold's market value. Smaller nations like El Salvador and Bhutan, which strategically invested in Bitcoin, are now reaping significant profits from the recent crypto rally.
Taking the passive route to smart quality investing
Smart-beta investing, a rule-based strategy, blends active and passive approaches to achieve better risk-adjusted performance than traditional indices. With large-cap stocks offering valuation comfort, the Nifty 200 Quality 30 stands out as a strong benchmark for the quality factor.
Explained: What is loan against mutual funds and how can one avail this?
A loan against mutual funds allows investors to use their mutual fund units as collateral to secure financing. Lenders evaluate the value of the pledged units and usually provide a loan based on a percentage of their market value. This option is appealing as it enables investors to address financial needs without liquidating their investments, allowing them to retain the potential for future growth.
'37.75x oversubscribed': Mamata Machinery IPO sparks frenzy ahead of listing
Investors have shown overwhelming interest, with the IPO already oversubscribed 37.75 times within the first two days
These 9 equity mutual fund categories offered over 25% return in 2024
Pharma and healthcare funds delivered the highest average return of 38.05% in 2024. Among the 13 schemes in the category, HDFC Pharma and Healthcare Fund led with a 46.16% return, while Nippon India Pharma Fund recorded the lowest at 30.94%.
Can I claim any rebate for interest received for multiple years in current year?
Section 89 allows relief for salaries over twelve months, but not for interest income. Taxpayers must include the entire interest amount in the current year's income and pay applicable taxes. Consistency in the chosen method of income reporting is essential
Hospitality Sector: Lemon Tree Hotels poised for 21% upside amid robust demand trends
After a subdued 1HFY25, the hospitality sector rebounded strongly, fueled by a vibrant wedding season and thriving MICE activities. Key players are expected to post 10-12% YoY RevPAR growth this quarter, driven by an 8-10% rise in Average Room Rates (ARR).
Will Nifty break below November-lows next week? Anand James reads the charts
If we look at the constituent heavyweights like SBI, Bank of Baroda, PNB, IOB, Canara Bank and Indian Bank, which form around 75% of the index, they are trying to make a base around the 61.8% Fibonacci retracement level and the average RSI of these stocks is around 44. All these are hinting at a near-term bounce back which could possibly gain pace in the second half of next week.
In the largecap segment, 15 companies saw block deals worth Rs 2,477 crore. RIL led with Rs 461 crore across eight deals, followed by Zomato (Rs 343 crore), ICICI Bank (Rs 312 crore), and Bajaj Auto (Rs 241 crore). Other key players included Godrej Consumer (Rs 171 crore), Kotak Mahindra Bank (Rs 160 crore), Nestle India (Rs 137 crore), and HDFC Bank (Rs 114 crore).
Vedanta, Mazagon Dock among 5 stocks with dividends, bonuses, & splits this week! Do you own any?
The record date is a key reference point determined by companies to identify shareholders eligible for benefits like dividends, stock splits, or bonus shares. To qualify for these corporate actions, investors must ensure their shares are credited to their demat accounts on or before this date.
Mutual funds sold over 1 crore shares of these 7 stocks in November. Heres a breakup
In November, mutual funds offloaded over 1 crore shares across seven stocks. Additionally, mutual funds sold shares in approximately 367 stocks during the month, as per data from Prime Database.
Dividend payouts & stock splits: Vedanta, NMDC lead next weeks action
NMDC has fixed December 27, 2024, as the record date for its 2:1 bonus share issue, allotting two new equity shares for every one existing share. This will result in the issuance of over 586 crore equity shares.
LNG producer Venture Global files for IPO on NYSE
Venture Global, a major US LNG producer, has filed for an IPO, aiming to raise about $3 billion on the NYSE. The company, with two Louisiana plants, competes with industry giants like Cheniere and Sempra. Founders will retain majority voting power after the offering. Revenues reached $3.45 billion in the first nine months of this year.
Oil steady as markets weigh Fed rate cut expectations, Chinese demand
Oil prices saw minimal change on Friday as markets assessed Chinese demand and interest rate cut expectations following cooler U.S. inflation data. Brent crude futures and WTI futures both experienced slight increases, yet ended the week down. A weaker dollar and potential rate cuts could boost demand, while concerns linger over China's peaking oil consumption and OPEC+'s demand outlook revisions.
Wall St Week Ahead-Investors hope for 'Santa Claus' rally as stocks lose steam
U.S. stocks, despite a strong 2024, face a potential December slump. The 'Santa Claus Rally' is threatened by the Fed's rate cut signal, a looming government shutdown, and rising Treasury yields. While November's gains offered early cheer, narrowing market breadth and high valuations raise concerns for the year's end.
22 smallcap stocks stood out with double-digit gains in a forgetful week for Indian investors
Amid overall weak market sentiments, 22 smallcap stocks stood out by delivering impressive double-digit returns. Leading the pack was Fairchem Organics with a remarkable 49% gain, followed by Tanfac Industries at 28%, and Vakrangee and Five-Star Business, both posting 18% returns.
FPI Focus: Financials, IT, and real estate dominate December inflows
Foreign portfolio investors (FPIs) flocked to Indian markets in early December, pouring 22,766 crore, primarily into financial services, IT, and real estate. However, oil and gas, auto, and FMCG sectors witnessed outflows. While financials saw significant withdrawals throughout 2024, telecom and services experienced renewed interest after November's outflows.
These 26 firms entered Rs 1 lakh crore market cap club in 2024. Whats next?
After beating its 2025 targets by a distance, Indian Hotels Company has unveiled its Accelerate 2030 strategy, and has set benchmarks for itself across topline, portfolio, and payout to shareholders.
Dollar poised to finish week higher after inflation data, Fed rate cut
The US dollar fell from a two-year peak. It was still set for a third weekly rise. Inflation slowed. The Federal Reserve cut interest rates. The Fed signaled fewer cuts in 2025. Inflation remains above target. The US government faced a potential shutdown. The dollar weakened against several currencies.
US stocks rally after inflation data but close lower for the week
U.S. stocks rebounded on Friday following a cooler-than-anticipated inflation report and dovish Fed commentary, easing rate hike concerns. The PCE index rose 2.4% annually, slightly below estimates. Despite the rally, major indexes closed the week lower. Traders now anticipate Fed rate cuts in March and October 2025. Congressional efforts to avoid a government shutdown also influenced market activity.
US stocks end sharply higher, dollar drops after inflation report
Wall Street rallied and the dollar weakened as cooler-than-anticipated inflation data eased fears of runaway price growth. This positive news overshadowed concerns about a potential government shutdown and new tariff threats. Major U.S. stock indexes climbed over 1%, while gold prices surged and Treasury yields retreated. European stocks, however, experienced their worst week in months due to tariff concerns.
Gold climbs after soft US inflation data; still set for weekly loss
Gold prices rallied on Friday, boosted by a weaker dollar and falling Treasury yields following U.S. economic data pointing to slowing inflation. However, the Federal Reserve's hawkish interest rate outlook limited gains, keeping gold on track for a weekly loss. Weaker personal consumption expenditure data also contributed to gold's rebound.
Banks, hotels, and credit cards roll out exciting deals ahead of Christmas, New Year celebrations
These offers cover diverse categories such as shopping, dining, travel, and hotel stays
Bank holiday today: Are banks closed or open on Saturday, December 21? Know here
Bank Holiday today: Are banks open today, December 21? People are often confused about bank holidays on Saturdays. Read here to find out if there is a holiday today.
Breaking taboo: Carefree young consumers show soaring interest in sexual wellness products
Sexual wellness startups are recording higher-than-ever repeat purchase rates as consumers talk more freely about hush-hush topics like bedroom pleasures and problems.
Rupee dips to record intraday low of 85.10 vs US dollar, closes moderately stronger at 85.01
The Indian rupee depreciated to an all time low during the day, but ended slightly stronger at 85.01 per US dollar on a closing basis, due to the rebalancing of FTSEs equity index and interventions from the Reserve Bank of India, traders said.
PVR Inox, United Breweries among 16 stocks to be excluded from F&O segment from Feb 28
The National Stock Exchange (NSE) has announced exclusion of 16 stocks from the futures & options (F&O) segment with effect from February 28, 2025 and no contracts will be available for trading from this date.
NSE tightens eligibility norms for SME IPOs day after Sebi unveils new rules
The National Stock Exchange (NSE) has tightened listing requirements for small and medium-sized enterprises (SMEs) on its Emerge platform. This follows new regulations from the Securities and Exchange Board of India (Sebi). The stricter criteria apply to all draft red herring prospectuses (DRHPs) filed after December 19, 2024, impacting SMEs seeking in-principle approval for listing.
IFC anchors first sustainability-linked bond issued by NDR InvIT Trust to bolster green warehousing
IFC has invested $75 million in NDR InvIT's sustainability linked bond (SLB), marking the first such investment in India's warehousing sector. The funds will be used to expand warehousing operations, enhance infrastructure, and promote sustainable practices. This investment aligns with India's growing demand for warehousing space and its focus on sustainable development.
Piramal Enterprises to raise up to Rs 2,000 crore via NCDs
Piramal Enterprises has approved raising Rs 2,000 crore through NCDs. The company's revenue and net profit increased in Q2 FY25. However, the stock has declined recently and is trading below its 50-day SMA. Investors should consider the company's financial performance and market trends before making investment decisions.
Sebi simplifies offer document requirement for AMCs
Markets regulator Sebi on Friday simplified the framework for asset management companies (AMCs) by reducing the requirement to upload draft SIDs to 8 working days from 21 days earlier. This is aimed at streamlining the process, reducing timelines, and enhancing investor protection while simplifying compliance for AMCs.
Goldman Sachs, Citigroup Global, 4 others buy Amber Enterprises shares for Rs 210 crore
Goldman Sachs, Citigroup Global Markets, and four others on Friday bought shares of Amber Enterprises for Rs 210 crore through an open market transaction. Axis Mutual Fund (MF), Mahindra Manulife MF, Tata AIA Life Insurance and ICICI Prudential Life Insurance were the other entities, who have picked up stakes in Gurugram-based Amber Enterprises through separate block deals on the NSE.
India Inc raises record 1.29 lakh crore through QIPs in CY24
The top 10 companies have contributed roughly half of the total QIP amount raised this year
5 stocks with very high PE ratio
A P/E ratio above 100 suggests that a companys stock price is growing much faster than its earnings. This is calculated using the latest closing price and trailing twelve months (TTM) earnings per share.
Will algo trade give retail investors an edge?
SEBI study found they were making losses both in cash, F&O segment
TeamLease acquires stakes in TSR Darashaw, Crystal to expand its HR Services portfolio
Staffing company TeamLease Services on Friday announced that it has acquired stakes in outsourcing services TSR Darashaw and HR Tech software solutions provider Crystal HR and Security Solutions Private (Crystal HR) for Rs 42.6 crore. TeamLease Services has acquired 100 stakes in TSR Darashaw for Rs 17.6 crore, while it bought 30 per cent stakes in Crystal HR for Rs 25 crore, a company spokesperson told PTI.
International Gemmological Institute lists at 22% premium
Ends with a gain of 13 per cent over the issue price
A personal loan moratorium is a temporary period during which borrowers don't have to make any payments. But is it a relief or a trap for them? Find out here
These 5 stocks have very low PE ratio
Five Nifty 500 stocks with TTM P/E ratios below 10 may signal undervaluation or low growth expectations. While risks exist, they could present buying opportunities for investors focusing on strong fundamentals, per StockEdge analysis.
According to Osho Krishnan of Angel One, resistance levels are expected at 23,800-24,000, followed by 24,150-24,300. These levels align with the bearish gap and a cluster of EMAs on the daily charts, setting key hurdles for the upcoming truncated week.
Unique Stocks: These counters held by only one MF scheme surged 50-150% in CY24 so far
In November 2024, the list initially included 130 stocks. To refine the selection, only those with a market value exceeding Rs 20 crore and a share price increase of over 50% during CY24 were considered.
Cement makers hike discounts after Adani foray: Report
Ambuja Cements and ACC, the companies purchased by the Adani Group, gradually reduced discounts
These 8 stocks hit 52-week highs, rallied up to 35% in a month
Eight BSE 200 stocks hit their 52-week highs, signaling strong momentum and potential upside. This metric is crucial for evaluating a stock's current value and future performance.
