The legislation follows the December 14 shooting at a Jewish Hanukkah celebration at Sydney's famed Bondi Beach, where 15 people were killed and dozens wounded. The gun attack, Australia's deadliest in almost three decades, prompted calls for stricter gun laws and tougher action against antisemitism.
U.S. District Judge Anne Nardacci in Albany rejected the Justice Department's arguments that a New York law that restricts the ability of the Democratic-led state's Department of Motor Vehicles to share vehicle and address information with federal immigration authorities violated the U.S. Constitution
Multi-asset allocation funds have surprised investors by outperforming pure equity funds. These funds invest in at least three asset classes, including gold and silver. Their allocation to precious metals, which saw a sharp rally, drove their strong performance. Investors seeking automatic asset allocation can consider these funds. The Indian mutual fund industry has 32 such schemes.
The explosion happened at Bristol Health & Rehab Center in Bristol Township, just as a utility crew had been on site looking for a gas leak, although the cause of the explosion was unclear several hours later, as was the extent of the casualties.
Mahindra & Mahindra Financial Services shares have surged significantly, outperforming the NBFC index due to strong Q2 performance. Robust auto financing, a GST rate cut, and improved net interest margins, driven by lower funding costs and higher fee income, are fueling this growth. Analysts anticipate continued momentum and an improved return on assets in the coming years.
Gold prices hit a record high of 1.36 lakh per 10 grams on Tuesday. This surge is influenced by rising international prices and expectations of further gains. Experts predict gold could reach 1.38 lakh to 1.4 lakh by January 2026. Consumers are holding onto existing gold, anticipating even higher prices.
Railway-linked stocks have seen a year-end comeback, with companies in ticketing, rolling stock, and infrastructure posting significant gains. Jupiter Wagons led the rally, attributed to budget expectations and a preferential issue conversion. Analysts suggest booking profits on further rallies while focusing on wagon businesses with stronger demand.
Equity markets may witness a 'Santa Rally' as analysts point to strong technical cues and historical data. The Nifty has historically gained in 77% of year-end periods, with analysts expecting further upside towards 26,500. Stable global cues and low volatility support a continued upward trend.
Theres another Wall Street truism that's relevant here: Bull markets climb stairs, but bear markets ride a slide. In other words, stocks go down far faster than they go up.
