Among the Sensex firms, Power Grid, UltraTech Cement, Titan, Reliance Industries, Bajaj Finance, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services, Tech Mahindra, ITC and HDFC Bank were the major laggards. HCL Technologies, IndusInd Bank, Wipro, Nestle, Maruti, Larsen & Toubro and Asian Paints were among the gainers.
The bishop, in his order, alleged that though Puthiyaparambil was appointed as vicar of a local church, he didn't accept the appointment and suddenly left after publishing a note on social media.
Irregular rainfall and a pick-up in commodity costs are expected to weigh on the demand and margins of fast-moving consumer goods (FMCG) companies. Most companies reported a sharp expansion in gross margins in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24), given the lower prices of key raw materials and earlier price hikes. Furthermore, there were expectations that cost savings being passed on could reflect in volume growth going forward. However, these hopes could be dashed if demand recovery, especially in the rural segment, stalls, and gains on the raw material front start to recede.
Debit card payments remained sluggish due to the surge in digital transactions after the pandemic, and the Unified Payments Interface (UPI) has emerged as the most popular mode of money transfer, particularly for small value transactions, according to RBI data. In July 2020, the total debit card spends stood at Rs 2.81 trillion, as compared to Rs 3.15 trillion in July 2023, reflecting a growth of 11.96 per cent. UPI spends have seen a whopping growth of 428 per cent, zooming from Rs 2.90 trillion to Rs 15.33 trillion during the same period, the data revealed.
'We understood that once we get a couple of wickets, it's gonna be a downslide pretty quick'
The adverse impact on the margins of auto, consumer staples and consumer durables sectors will be counterbalanced by an earnings uptick in the metals, cement and oil & gas sectors.
Following a first round exit at the Italian Open, Andy Murray is undecided on what's next.
IMAGES from the first semi-final of the ICC World Cup played between India and New Zealand at the Wankhede stadium in Mumbai on Wednesday.
As much as one would have liked a glimpse into the lady's culinary excellence, Tarla acquires its endearing character in Huma Qureshi and Sharib Hashmi's harmonious display of doting husband and wife, observes Sukanya Verma.
The joint venture of Jio Financial Services and BlackRock to foray into India's asset management space could be disruptive but not disastrous for incumbent industry players, analysts said on Thursday. As an investment strategy, analysts suggest investors stay put in shares of those AMCs that consistently improve business metrics, and where market capitalisation-to-asset under management (AUM) valuation is not stretched. However, growth expectations of incumbent players may get trimmed in the medium-to-long term, analysts said, once the Jio-BlackRock JV unveils its plans, discounting the looming challenge as significant enough to dent their profitability.
Renewed inflationary pressures, led by a spike in prices of vegetables and cereals, have cast a spell on the equity markets in the past month. The BSE Sensex and Nifty50 have declined up to 2 per cent each during the period, clipping the 13 per cent rally from the March lows, shows data from ACE Equity. Investors typically consider shares of fast-moving consumer goods (FMCG) companies as defensive bets, putting their weight behind them in a falling market.
UltraTech Cement was the biggest gainer in the Sensex chart, climbing 3.13 per cent, followed by Kotak Mahindra Bank, Tata Motors, Axis Bank, Maruti, Bajaj Finserv, Bajaj Finance and Mahindra & Mahindra. In contrast, Infosys, Tech Mahindra, Tata Consultancy Services, Wipro, Bharti Airtel, HCL Technologies, ICICI Bank and Nestle were among the laggards.
Bangladesh have beaten India three times in the last four ODIs -- twice in a bilateral series in December 2022 and then in the Asia Cup.
Images from the ICC World Cup match between Sri Lanka and Bangladesh, at the Arun Jaitley Stadium, in New Delhi, on Monday.
The rates, on net calorific value (NCV) basis, dropped to $ 5.05 per mmBtu for six month period beginning April 1, 2015.
There are 18 assembly constituencies in the border district which is a Lingayat stronghold and has been a BJP bastion in the last two decades.
Vidwath's seven-for, gritty batsmen give South Zone control
Images from the World Cup 2023 match between Australia and South Africa.
The Street shrugged off a muted first quarter of financial year 2023-24 (Q1FY24) and a cautious near-term outlook by India's largest information technology (IT) services company, Tata Consultancy Services (TCS). The stock was the top Nifty50 and Sensex gainer on Thursday, rising 2.5 per cent, as investors took comfort from a robust order book and an encouraging pipeline. Like its larger peer, HCL Technologies' (HCL Tech), too fell short of the Street's expectations on the revenue and margin fronts given cuts in discretionary expenditure.
'Revanth Reddy mounted a spirited campaign in Telangana which turned around the fortunes of the Congress in six months.'
The defeat has dented RCB's prospects of advancing further.
Thunderstorm could not dampen the rousing victory parade as Manchester City celebrated completing the long-awaited treble.
The equity cult has grown at a rapid pace in India in the last few years, with retail investors latching on to the stock markets like never before. At 126.6 million, the number of dematerialised (demat) accounts, where investors hold their securities in electronic form for trading purposes, are at record high levels. The growth rate, on an annualised basis, stood at 27 per cent in 2022-2023, up from barely 6 per cent a decade ago.
Mutual funds (MFs) lapped up shares of new-age businesses in April at a time when most of these stocks have recovered sharply from their 52-week lows. Nykaa and Zomato featured in the list of top 10 most bought shares by MFs last month, with fund houses' holdings in these two stocks rising by over Rs 1,100 crore, shows a report by Nuvama Alternative & Quantitative Research. Shares of Zomato had staged some recovery in April after remaining subdued for an extended period.
Images from the Asia Cup Super 4 match between India and Sri Lanka at the R Premadasa Stadium in Colombo on Tuesday, September 12.
IndusInd Bank was the biggest loser in the Sensex pack, shedding nearly 2 per cent, followed by Bharti Airtel, Reliance Industries, HDFC twins, SBI, HUL, Tata Motors, Nestle India and Axis Bank. On the other hand, Asian Paints, Tata Steel, Titan and L&T were among the gainers, rising up to 3.03 per cent.
This recipe is a take on the dish that was served up to us in a quaint pub in the tiny village of Rostrevor in the very pretty southeast corner of Northern Ireland, overlooking the Carlingford Loch.
Jeje Lalpekhlua (9th minute), Kean Lewis (74th) and Bikramjit Singh (80th) scored for Mohun Bagan while Seminlen Doungel (52nd) found the target for Bengaluru FC in the Group E match.
Travis Head smashed a breezy 49 not out as Australia reached their small target to beat India by nine wickets well inside three days
A section of Shiv Sena lawmakers had raised certain concerns after the NCP faction led by Ajit Pawar joined the one-year-old Shinde-BJP government.
Religion matters. Aspirational India is still poor. India admires strong leaders. India values decency. Shreekant Sambrani highlights the reasons why the BJP pulled off improbable victories in the Hindi heartland.
'I will never do anything for titillating the audience.'
Manchester City manager Manuel Pellegrini believes tiredness was behind their 3-0 defeat by Liverpool on Wednesday after a third successive Premier League loss put a hefty dent in their faltering title hopes.
In the Sensex pack, Mahindra & Mahindra, Tata Steel, Tata Motors, Maruti, Larsen & Toubro, HDFC, HDFC Bank, Tech Mahindra and Bharti Airtel were the major laggards. Asian Paints, Bajaj Finserv, Power Grid, Reliance Industries, NTPC and UltraTech Cement were among the gainers.
Spiralised zucchini, if lightly cooked so it remains crisp, when combined with pasta is a great match.
Your mornings are made if you start them with this spiced vermicelli dish.
Will a caste census make tens of millions desert Mr Modi?, asks Shekhar Gupta.
The result was so disastrous for the Congress and NCP that they lost 41 seats out of 48 to the BJP-Shiv Sena combine.
Having taken a 78-run lead in the runfest, England declared their second innings on 264-7 to set Pakistan an improbable victory target of 343 with four sessions to go.
This was the first-ever World Cup goal for the 28-year-old right back, who plays for Costa Rican club Herediano.
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