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In the past five sessions, the gauge added 0.9%, another up week in a year when positive closes made up 63% of the total

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The S&P 500 Index ended the last trading day of 2021 with a drop of 0.3% that still left the equity benchmark 27% higher for the year

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Even though he achieved spectacular success in the market, Thorp says superior stock-picking ability is rare. He recommends indexing for most investors, as the return for the average active investor equals that of the index minus fees.

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Rather than being pessimistic and expecting markets to get back into a corrective phase, it is now time for investors who have been either sitting out to bet on equities this year, says independent market analyst Kunal Bothra

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The Tim Cook-led company was asked to develop India as a global sourcing base which would be used to export fully-built products across the world at a high-level meeting between top government officials and senior functionaries from Apple, similar to what is being achieved in China currently.

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Betting on the right sectors and a superior stock selection offering decent risk reward will help generate alpha in 2022

Currently, restaurants registered under GST are collecting and depositing the tax. Also, cab aggregators like Uber and Ola will have to collect 5 per cent Goods and Services Tax (GST) for booking 2 and 3 wheeler vehicles effective January 1. Also, footwear irrespective of prices will attract 12 per cent tax from Saturday.

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The rollout of vaccination campaigns and easing restrictions on travel and gatherings led to a surge in demand for raw materials at a time when supplies were still largely restrained due to lack of capital spending, weather-driven crop losses and logistic bottlenecks.

Global dealmaking is set to maintain its scorching pace next year, after a historic year for merger and acquisition (M&A) activity that was fueled largely by easy availability of cheap financing and booming stock markets.

Analysts are concerned about high inflation, the spread of Omicron , upcoming state elections, and an accelerated interest rate hike

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