Category: Market
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Indian equities touched all-time highs in 2023 – What’s in store for 2024?
Sensex, the benchmark equity index, closed at an all time high of 70,514.2 on December 14, 2023 which translates into a 16 percent annual return. This comes after the Sensex doubled between March 2020 (29,468), post-COVID correction and December 2022 (60,840) in 2.75 years. 2023: Strong Buying By FIIs, Domestic MFs Story continues below Advertisement…
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A Yearlong Way to Boost Stock-Market Returns
Holiday lights, ugly sweaters and culling your losers. December is the month American investors are bombarded with reminders to dig through their portfolios for the stocks or funds they wish they hadn’t bought. Their consolation prize is the ability to reap tax savings and boost long-run returns. But making tax-loss harvesting a seasonal exercise means…
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Time to get real on the bullet train: California is building it, so let’s make it work
SACRAMENTO — Gov. Gavin Newsom got the Christmas present he desperately wanted from President Biden: the crucial piece of a train set. It’s a relatively small piece that’s vital to eventually making this fancy electric train work. I’m referring to the much-maligned bullet train that three California governors have been trying to build . When complete,…
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Opinion: My client Jose was the luckiest man in an unlucky place. He got to go home for the holidays
The holidays can be a challenging time. It’s an especially challenging time for detainees at the Adelanto Immigration and Customs Enforcement Processing Center. This wind-scoured private prison lurks on the western boundary of the Mojave Desert, about 10 miles from Victorville. With a built-in immigration court, it’s something of a one-stop deportation shop. Sundays are…
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Stockology: Will markets see trend-reversal in last trading week of the year?
The prevailing sentiment in the market is optimistic and clear-cut; panic selling last week was succeeded by a recovery phase, instilling confidence in investors and traders Stockology is a weekly column by futurologist Mahesh Gowande. He is the founder and director of Ayan Analytics which has developed ZodiacAnalyst. It is a research software, with time…
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China’s potential new gaming rules will hit smaller developers more, analyst says
Mobile games in China range from League of Legends-like Honor of Kings to Source: Apple Inc. BEIJING — China’s proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS. Tencent, NetEase and Bilibili shares plunged to their lowest in more than a year Friday…
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Thinking of lighting a fire for Christmas? Not with this ban in Southern California
A crackling fire on Christmas Day might feel cozy, but for air quality officials in Southern California, the pollution ain’t worth it. All wood burning, both indoor and outdoor, is banned on Monday for everyone living in the South Coast Air Basin, which includes Orange County and nondesert portions of Los Angeles, Riverside and San…
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Stock market holiday today: BSE, NSE to remain shut for Christmas
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain shut on December 25 on account of Christmas. There will be no trading in equities, equity derivatives, interest rate derivatives and currency derivatives, while securities lending and borrowing will also not take place on Monday. Wholesale commodity markets, including metal and bullion,…
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Suspect in murder of 27-year-old Lancaster area teacher arrested
Los Angeles County sheriff‘s deputies have arrested a 37-year-old man suspected of murder after a woman’s body was found this week stuffed inside the trunk of a car at his home and set on fire. Veronica Aguilar, 27, had been living in a home owned by the suspect, Matthew Switalski, in the Quartz Hill neighborhood…
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Ohtani hits one out of the park, gifting a Porsche to Dodger pitcher Joe Kelly’s wife days before Christmas
New Dodger phenomenon Shohei Ohtani played Santa for a fellow player’s family Friday, gifting a new sports car to Ashley Kelly for her tongue-in-cheek campaign to lure him to the Dodgers by offering Ohtani her husband’s jersey number. Kelly is married to relief pitcher Joe Kelly, who wore No. 17 — the same number Ohtani…