The Reading List: January 5, 2024 on January 5, 2024 at 12:24 pm

A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams

Taking Stock: Market gains for the second day, IT stocks on the up on January 5, 2024 at 10:37 am

Market breadth favoured gainers. About 2,225 shares advanced, 1,609 declined and 102 remained unchanged.

Gainers and Losers: 10 stocks that moved the most on January 5 on January 5, 2024 at 10:56 am

IT and capital goods indices gained more than a percent, while pharma and PSU bank each ended the day 0.3 percent lower

Indian state-run banks may look to equity fundraising as perpetual bonds lose sheen on January 5, 2024 at 7:30 am

Indian banks, including top lender State Bank of India, have raised around 87 billion rupees ($1.05 billion) through perpetual bonds so far this fiscal, just about a quarter of fiscal 2023, with most struggling to raise even the targeted amount at auctions.

Moneycontrol Pro Panorama | You have the option to lose money…or not!  on January 5, 2024 at 8:26 am

in this edition of Moneycontrol Pro Panorama: Pakistan using Kashmir as smokescreen, startup investors need more principles, #39;Aatmanirbhar India#39; needs a Chinese makeover, Aadhaar has turned a nightmare for the poor, and more

Audi expects 50% total sales in India to come from EVs by 2030 on January 5, 2024 at 9:07 am

The automaker, which sells four electric models in the country, plans to expand the product range to achieve its ambitious sales target.

Chirag Agrawal takes over as Deloitte South Asia#39;s new head of corporate finance on January 5, 2024 at 9:23 am

Agrawal, an alumnus of London School of Economics and Politics Science , has over two decades of investment banking experience

IT stocks gain on interest rate optimism; Infosys, TCS, Wipro up 1% each on January 5, 2024 at 7:36 am

Analysts expect a muted quarter for the IT industry but there is optimism in the sector in anticipation of the end of the rate-tightening cycle

Shree Cement slumps on reports saying I-T Dept slapping Rs 4,000-cr tax order on January 5, 2024 at 7:55 am

The tax sleuths did a survey on the company in June 2023. The survey report highlights Rs 8,500 crore wrongful claims from Apr ’14-Mar ‘23.

Kotak bullish on SBI among the PSU bank pack, raises price target on January 5, 2024 at 8:01 am

SBI is better placed than other PSU banks in terms of through-the-cycle credit cost, liability franchise asset franchise as well as digital enhancements, Kotak analysts have said