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.
Images from the World Cup 2023 match between Australia and South Africa.
Thunderstorm could not dampen the rousing victory parade as Manchester City celebrated completing the long-awaited treble.
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.
'Revanth Reddy mounted a spirited campaign in Telangana which turned around the fortunes of the Congress in six months.'
The result was so disastrous for the Congress and NCP that they lost 41 seats out of 48 to the BJP-Shiv Sena combine.
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.
Travis Head smashed a breezy 49 not out as Australia reached their small target to beat India by nine wickets well inside three days
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.
Spiralised zucchini, if lightly cooked so it remains crisp, when combined with pasta is a great match.
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.
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.
Images from the Asia Cup Super 4 match between India and Sri Lanka at the R Premadasa Stadium in Colombo on Tuesday, September 12.
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.
'I will never do anything for titillating the audience.'
NTPC to be the worst hit, stock slides to five-year low on announcement.
Your mornings are made if you start them with this spiced vermicelli dish.
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.
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.
Will a caste census make tens of millions desert Mr Modi?, asks Shekhar Gupta.
'The assumed linear correlation between forced lower yields, higher bank borrowing from the RBI, higher lending, and higher growth involves leaps of faith, each a step on the quicksand of false beliefs,' warns Debashis Basu.
Just like their previous clash earlier this month, Royal Challengers Bangalore once again collapsed against Kolkata Knight Riders's spinners to suffer their second defeat of the season against the Knights.
'Shinde and Fadnavis have different working styles and certainly there is a crack that has come between them.'
Modi said Gandhi, during his cross-examination, not merely failed to make any dent in the prosecution's case, but practically admitted the defamation of all persons bearing the Modi surname.
The turmoil in the markets has been cited as the reason for the dip in the IPO market.
Novak Djokovic described Carlos Alcaraz as like facing a blend of the big three -- himself, Rafa Nadal and Roger Federer.
Nine of the 10 most valued firms faced a combined erosion of Rs 1,87,808.26 crore in market valuation last week, with HDFC Bank and Reliance Industries taking the biggest hit amid an overall weak trend in equities. Last week, the BSE benchmark tumbled 1,538.64 points or 2.52 per cent amid concerns that the US Federal Reserve might raise interest rates further to curb inflation. Fresh foreign fund outflows also dented investor sentiments. Barring ITC, all 10 firms, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, were the laggards.
The question now is whether BJP patriarch L K Advani will fall in line and contest from Gandhinagar or he would stick to his guns and not contest at all, says Renu Mittal
'The Fed rate will peak in the range of 5.1-5.3 per cent during the second quarter of CY23 and will most likely stay there for a while before rate cuts start in CY24.'
England's audacious 'Bazball' flamboyance was trumped by some true Australian grit after five days of cut and thrust Ashes cricket.
It was another forgettable outing for Mumbai Indians against Chennai Super Kings this season as they suffered a six-wicket thrashing in Chennai on Saturday.
Djokovic unsuccessfully applied to the US government for special permission to play at Indian Wells and Miami.
Benchmark indices Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past five months, following a bearish trend in global markets amid concerns over aggressive rate hikes by developed economies. Fresh foreign fund outflows and losses in IT, auto and oil stocks also dented investor sentiments. The BSE Sensex declined by 175.58 points or 0.30 per cent to close at 59,288.35 with 17 of its shares posting losses.
What is most troubling is that not a single party that is part of INDIA has talked about any kind of reform and economic sense, argues R Jagannathan.
The batting as a whole has not clicked for Sunrisers and it is no surprise they find themselves in a desperate situation in the second half of the tournament.
The draw pushed Chelsea up a place into fourth spot in the Premier League, level on points with third-placed Spurs and one point ahead of Arsenal, both of whom have a played a game less.
Coconut cream and pasta -- an interesting must-try combo.
Tipra Motha, a regional party floated by Pradoyt Kishore Manikya Debbarma, scion of the erstwhile royal family, is set to play a key role in the formation of the next government in Tripura.
'We have to lay a bit more importance on partnerships and understanding a bit of match awareness. It's all great to be aggressive but you have to got to use a little bit of upstairs to get the job done.'
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