Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February. as global investors latched on to Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits. Analysts remain bullish on Japan, mostly aided by gains in technology shares. Adoption of artificial intelligence (AI), according to a note by Morgan Stanley, is likely to benefit Japanese companies, which is almost at par with the US-based companies.
Lando Norris put McLaren on pole position for the Spanish Grand Prix on Saturday
Triple Formula One world champion Verstappen missed out on pole because he set his time of one minute 12.000 seconds after his British rival in a drama-filled qualifying session at the Circuit Gilles Villeneuve.
Mutual funds (MFs) added systematic investment plan (SIP) accounts at a record pace in 2023 with the net additions in the calendar year surpassing 15 million - 24 per cent higher than the 2022 tally of 12.2 million, according to data from the Association of Mutual Funds in India (Amfi).
Equity valuations are once again on the rise, after they cooled down in the second half of 2021 and the first half of 2022. The BSE Sensex trailing price-to-earnings (P/E) multiple has risen to a 17-month high of nearly 25x, from 23.7x at the end of December 2022 and 21.6x at the end of June 2022. Similarly, the index closed on Friday with a trailing price-to-book (P/B) value ratio of 3.6x, up from 3.4x at the end of December 2022; it is the highest since December 2021.
Red Bull's Max Verstappen equalled Ayrton Senna's record of eight pole positions in a row.
Raza credited Trinbago Knight Riders credited McCullum for defining a clear role for him.
Warner struck a tournament-high 166 to set up Australia's 48-run victory over Bangladesh on Thursday and now leads the runs list with 447.
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
Ferrari's Carlos Sainz won the Australian Grand Prix on Sunday in a triumphant return two weeks after appendicitis surgery as Red Bull's World champion Max Verstappen suffered his first retirement in two years.
As the bull-run in Dalal Street gathers pace, people keen on riding it are looking to arm themselves with new tools and techniques.
At 19 times the trailing earnings, valuations are above 2003, 2009 levels.
Spanish court rejects Brazil footballer's Dani Alves appeal against remand over sex claim
The biggest bounce is in the realty sector, where the industry index jumped 80%. There's been a turnaround also in automobiles and ancillaries (up 45%). The pharma and health care indices have a welcome return of roughly 35%.
Jehan Daruvala's racing career may not have taken the path he envisioned, but the Indian driver isn't dwelling on missed opportunities.
Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of the country's biggest individual investor, leaves behind a relatively cleaner slate, as was seen in the most common description for him -- 'India's own Warren Buffett'. Unlike names like Harshad Mehta and Ketan Parekh, whose rise in fortunes in post-liberalised India was tainted with scam links, the newest 'Big Bull' in the more-regulated market had lesser baggage on this front.
A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.
Trading in the equity market will largely depend on two major events this week - general elections result and the RBI interest rate decision - analysts said, adding that the benchmark indices may rally on Monday on exit polls' prediction of a massive win for the BJP-led NDA and strong GDP data. Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the NDA expected to win a big majority in the polls. Counting of votes will take place on June 4.
San Antonio Spurs protected their NBA-best record with an impressive 103-89 victory over Chicago Bulls on Monday despite missing three top players through injury.
Red Bull's triple Formula One world champion Max Verstappen won a US Grand Prix sprint race from pole position on Saturday after an early challenge from Mercedes's Lewis Hamilton.
Mutual funds (MFs) are betting on a turnaround in the healthcare sector to boost returns but are divided on the prospects of the information technology (IT) sector amid uncertain growth outlook. At the end of June, all of the top 20 fund houses were overweight on the healthcare sector vis--vis the sector's presence in the BSE 200 index, shows a report by Motilal Oswal Financial Services (MOFS). In the case of the IT sector, only six of the 20 fund houses had overweight positions.
Formula One champions Red Bull recognised on Saturday they were well behind rivals in pre-season testing but dismissed reports that Sebastian Vettel had "thrown a hissy fit" about the situation.
Alves had previously denied any sexual encounter with the woman who filed a complaint in January about an alleged sexual assault in a restroom at an exclusive Barcelona nightclub.
One common mistake investors commit during profit booking is not having a plan for the redeployment of the money that comes into their account.
Adrian Newey accused Red Bull's rivals of being afraid to supply them with engines for 2016 and warned there is a real risk of the four times world champions walking away from Formula One.
'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
The historic San Fermin festival in Spain concluded on Monday with a hair-raising final running of the bulls.
Like the billionaire investor Rakesh Jhunjhunwala, Gautam Gambhir, the tenacious former opener-turned-coach, also seems to be governed by instincts while picking unheralded players and turning them into match-winners, points out Vishal Menon.
IMAGES from the UEFA Champions League matches played on Tuesday.
Riding on a bull run, equity investors became richer by Rs 128.77 lakh crore in the 2023-24 fiscal, driven by robust fundamentals of the Indian economy, increased investment inflows and promising corporate earnings. After a muted performance in 2022-23, equity markets made a remarkable recovery in FY24, giving handsome returns to investors. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in 2023-24.
Can the subcontinent giants maintain their 12-year invincibility?
Capturing motion in a still image is a tough job, but the winners of the Red Bull Illume Image Quest 2016 have done just that with their breathtaking images of action and adventure sports.
England face fellow strugglers Sri Lanka in a must-win World Cup match on Thursday.
Verstappen, who is 145 points clear of team mate Sergio Perez in the championship and set for a third title well before the end of the season, suggested Wolff should focus on his own team.
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
Eben Esterhuizen, a financial news analyst and writer for The Panelist, asks the question of the month: is this the end of the commodity bull run? History suggests that commodity prices will move lower if the US enters a recession, and historical evidence also rejects the notion that emerging market growth will continue to support commodity prices during a US recession.
IMAGES from the T20 World Cup FINAL played between India and South Africa in Barbados on Saturday
Max Verstappen celebrated a record 10th win in a row by leading Red Bull team mate Sergio Perez one-two at Ferrari's home Italian Grand Prix
