Magicpin, supported by Zomato, aims to go public in 2025. The company will enter the quick commerce segment for food delivery under the magicNow brand in several cities. Magicpin successfully completed 75,000 deliveries during its pilot phase. Zomato shares increased by 4.3%, reaching a market capitalization of Rs 2,71,753 crore.
Health insurance premiums are projected to rise by 10-15% in 2025 due to increasing medical costs, higher claims frequency, and regulatory changes. Medical inflation and increased hospital tariffs are pushing costs higher. Changes by IRDAI are making health insurance more accessible but adding strain to insurance finances. NHCX and billing practices need improvement.
United Spirits forms a rounding bottom pattern, suggesting a bullish reversal with strong volume support. A close above Rs 1,645 may target Rs 1,800 and Rs 1,865. Immediate support is at Rs 1,580, and RSI indicates growing buying pressure. Highest PE at Rs 1,560 signals strong support.
Motilal Oswal Financial Services advises buying Home First Finance Company India shares, targeting a price of Rs 1250. The company reported strong financial results, with a net profit of Rs 92.22 crore last quarter. Promoters hold a 23.38 per cent stake. The recommendation is based on Home First's strategic positioning, cost efficiencies, and robust capital management.
Indian equity indices Sensex and Nifty50 opened lower for the second consecutive session on Tuesday, mainly due to declines in IT stocks. The Sensex and Nifty50 saw notable drops, dragged by significant losses in major IT companies, while certain stocks like SBI and Tata Motors posted gains.
Dynamic bond funds have the freedom to invest across securities and maturities depending on the outlook of the fund manager. So, when the rates go up, the fund manager might bet on short term securities as a rate hike will marginally impact them. When rates start falling, he will invest in long-term instruments to make money.
CEO compensation in India has been rising, driven by economic growth, globalisation, and local inflation. High-quality leaders with industry skills and a tech-first approach are in demand. Significant pay hikes are seen in the tech sector and emerging fields like digital, EVs, and renewables.
When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which the stock was traded throughout the day
On December 30, the Indian market is expected to trade lower, influenced by weak global cues. Nifty futures closed 0.73% down at 23,816. Options data suggests a trading range between 23,200 and 24,200, with immediate support at 23,500 and resistance at 23,900. Experts recommend stocks like Glenmark Pharma, Laurus Labs, and Sun Pharma for short-term traders.
Similar to past generations seeking better lives, quick commerce will continue to adapt and expand, offering faster access to a variety of products. Blinkit plans to open a store in Jaito by 2025, aiding many families.
The Indian men's cricket team had an inconsistent 2024. They will aim for redemption in 2025. The team's schedule includes the ICC Champions Trophy in Dubai, a five-Test series against England, the Asia Cup, and other bilateral series. They begin the year with the final Test of the Border-Gavaskar Trophy against Australia on January 3.
Union Home Minister Amit Shah hailed ISRO's successful SpaDeX Mission launch, positioning India closer to becoming the fourth nation to master space docking technology. The SpaDeX mission involves two small spacecraft docking in low-Earth orbit, a significant milestone for India's future space missions, including Chandrayaan-4 and the Gaganyaan mission.
India's fashion industry is modernizing, blending tradition and innovation. It aims to capitalize on sustainability and global appeal. The collaboration between young designers and artisans is creating high-value products. The ready-to-wear segment and global luxury brands are expanding. Growing Tier 2 and 3 cities also drive growth. This landscape offers dynamic business opportunities.
A shift above the VWAP suggests a potential bullish trend, according to StockEdge.com's technical scan data
The study is part of a growing body of research pointing to the potential for chatbot-style artificial intelligence to fuel a reshaping of the population and labor market map of America. AI's transformative force could change the nation's economy and politics, much like other technological revolutions.
BJP MP Bansuri Swaraj criticizes the AAP Delhi government for not paying Anganwadi workers for seven months and not increasing ASHA workers' stipends. Delhi LG VK Saxena advises an increase in ASHA stipends from Rs 3,000 to Rs 9,000 and urges immediate salary payments for Anganwadi supervisors.
Geojit Financial Services suggests accumulating Petronet LNG with a target price of Rs 393. Petronet delivered a resilient performance in Q2FY25. Future growth is anticipated from the Dahej terminal expansion and resolution of Kochi terminal's connectivity issue by March/April 2025, boosting demand in southern Indian cities. Promoters hold 50% stake in the company.
Hindalco share price: Hindalco expects coal production from the Meenakshi mine to begin in CY2028, pending regulatory clearances and approvals. The fully explored mine has a Peak Rated Capacity (PRC) of 12 million tonnes per annum and 285.23 million tonnes of geological reserves. With a favorable coal-to-waste stripping ratio, the G12 grade mine is set to provide a cost-effective and sustainable energy source for the company.
Fashion is evolving with sustainability and nostalgia taking center stage. Personal archives, vintage fashion, thrifting, and re-styling are becoming the new luxury led by Gen Z. Bollywood stars like Alia Bhatt are reusing iconic outfits. This movement challenges fast fashion, making old styles feel new and purposeful. Expect more exciting changes in 2025.
Influencers are dominating the market for promoting products across various categories that include beauty, food, and gadgets. Their relatability and authenticity help in driving better conversions compared to traditional celebrities. Brands like Coca-Cola, Amazon, and Reliance Retail are leveraging influencer marketing, which is projected to be worth Rs 3,375 crore by 2026.
The bears currently have the upper hand as the markets are unable to sustain at higher levels. This week, markets could continue witnessing weakness with selling likely to outpace buying. However, the silver lining is the fact that India Vix has cooled off from the recent highs of 17, to end the week at 13.24, clearly displaying receding investor fears.
In 2024, India recorded 332 IPOs, nearly double the number listed in the US (205) and two-and-a-half times more than Europe. This performance highlights India’s growing economic momentum and entrepreneurial strength.