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2024-12-19 14:17:59| The Economic Times

The recent breakdown point at 24,180 serves as an immediate resistance, followed by the 100-day exponential moving average around 24,350. According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, a relief rally is possible if the index holds above 23,800. However, weakness will persist as long as it stays below 24,350.


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2024-12-19 14:13:31| The Economic Times

Markets regulator Sebi has decided to defer the ESG disclosure deadline for value chain partners of listed companies by one year until FY26, giving more time to them to comply with the Business Responsibility and Sustainability Reporting (BRSR) requirements.


Category: News and Media

 

2024-12-19 13:14:01| The Economic Times

New Zealand's economy shrank by 1% in the third quarter. This was worse than predicted. The country is now officially in recession. The New Zealand dollar fell sharply. The government and opposition blame each other for the downturn. Experts warn this could lead to job losses. The economy is expected to improve next quarter.


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2024-12-19 13:08:17| The Economic Times

PSUs, especially in banking, are set to regain prominence, while government-led capex will drive infrastructure and economic growth. The Indian IT sector is poised for significant expansion in AI-driven services, strengthening its global tech position.


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2024-12-19 11:04:44| The Economic Times

IKS Health, a healthcare platform serving 18% of US physicians, projects exceeding the industry's 12% growth rate. They aim for 30%+ EBITDA margins within two years, driven by tech leverage and the AQuity acquisition. Confident in long-term growth, they emphasize a large total addressable market and the potential of generative AI.


Category: News and Media

 

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