'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'
State-owned NMDC has reported a 15 per cent rise in its iron ore production and 3 per cent growth in sales of the mineral in April.
HCL Tech, Adani Ports, Eternal, Maruti, Reliance Industries and Asian Paints were among the gainers. HDFC Bank, ICICI Bank, Bharti Airtel and Infosys added to the rally. IndusInd Bank emerged as the only laggard.
Maruti Suzuki India (MSIL) said on Thursday its operations are unaffected by the global rare earth magnet shortage, but added that the situation is "uncertain and evolving". The firm said it is exploring multiple solutions to maintain continuity in operations and will notify stakeholders in case of material impact.
Gold prices rose by Rs 70 to hit yet another record high of Rs 98,170 per 10 grams in the national capital on Thursday amid firm global demand, according to the All India Sarafa Association. On Wednesday, the precious metal of 99.9 per cent purity soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams.
Three Army personnel, including a junior commissioned officer, were killed when their vehicle skidded off the road and plunged into a 500-metre deep gorge in Jammu and Kashmir's Ramban district on Sunday. The Army truck was part of a convoy moving from Jammu to Srinagar along national highway-44. The accident occurred near Battery Chashma at around 11.30 am. A joint rescue operation was launched immediately by Army, police, State Disaster Response Force and local volunteers. The deceased were identified as Naib-Subedar Sujeet Kumar, driver Amit Kumar and sepoy Man Bahadur. The crash has reduced the vehicle into a mangled heap of metal. Preliminary investigation suggested that the accident was caused by a technical glitch in the vehicle.
Rajbaris are a link to Bengal's rich past, of grand mansions, classical fine dining, and allow guests to be pretend zamindars for those few hours or days that they stay.
The starry ensemble of a whopping 18 cast members of Housefull 5 made for an epic frame as they gathered to launch the trailer of the upcoming goofy comedy.
Some drool-worthy looks to fuel your summer wardrobe goals.
Lando Norris put Formula One champions McLaren on pole position for the Monaco Grand Prix in track-record time on Saturday, with Ferrari's Charles Leclerc alongside on the front row for his home race.
An Air India aircraft with 242 passengers on board heading to London crashed in the Meghaninagar area near Ahmedabad airport on Thursday afternoon, the police said.
Blackout measures have been imposed in many districts including Hoshiarpur, Ferozepur, Fazilka, Pathankot, Patiala, Moga, Kapurthala, and Muktsar districts.
Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.
'We do not need to save the planet. Just respecting Mother Earth is enough.'
While the craft of Kutch can be found in many cities, there is nothing quite like wandering into the very homes where it originates and watch it all being created in real time.
Metal and mining companies, such as Tata Steel, JSW Steel, Hindalco, and Coal India, have been among the top-performing sectors on the bourses in recent months. The S&P BSE Metal Index is up 13 per cent in the past three months, rallying 29 per cent in the past year, outperforming the broader market. For comparison, the benchmark S&P BSE Sensex has only seen a 1.7 per cent increase in the past three months, with a 15 per cent gain since the end of September last year.
Pakistan's drone strikes and mortar shelling targeted six locations in Jammu, including the densely populated Rehari Colony, leaving one person injured and causing widespread damage. Residents described scenes of devastation and expressed fear, while others voiced defiance and called for action against Pakistan. The attacks, which occurred early Saturday, have been condemned by Jammu and Kashmir's Chief Minister Omar Abdullah as the "worst targeting of civilians in Jammu city since 1971."
Hindalco's India business, including Utkal Alumina, reported good results for the January-March quarter of the financial year 2024-25 (FY25) and consolidated earnings before interest, taxes, depreciation, and amortisation (Ebitda) also rose. Earnings growth was driven by favourable pricing, lower input costs and lower tax outgo for Novelis.
From the Sensex firms, Adani Ports, Eternal, Bajaj Finance, Axis Bank, Bajaj Finserv, Reliance Industries, Power Grid and NTPC were the major gainers. Sun Pharma, however, tanked over 5 per cent.
Gold prices hit a fresh record high of Rs 84,900 per 10 grams in the national capital on Friday, driven by robust domestic demand and strong global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity continued its ascent for the third straight session, jumping by Rs 1,100 to hit a new peak of Rs 84,900 per 10 grams.
From the Sensex basket, Tata Steel jumped over 5 per cent. Mahindra & Mahindra, JSW Steel, Tata Motors, Axis Bank, Sun Pharma, Reliance Industries and Maruti were the other biggest gainers. Infosys, Tata Consultancy Services, Titan, Wipro, Hindustan Unilever and Nestle were among the laggards.
The blue-coloured ASI board, currently kept at the Satyavrat police outpost, is expected to be installed soon, replacing the older sign that bore the name "Shahi Jama Masjid."
Former India shooting coach Sunny Thomas, who guided the Indian marksmen from 1993 to 2012 and witnessed multiple Olympic medals, died on Wednesday after suffering a cardiac arrest.
Dalal Street investors were a poorer lot on Monday as their wealth eroded sharply by Rs 14 lakh crore following a sharp decline in benchmark indices amid a global market meltdown due to recession fears. The 30-share BSE Sensex tumbled 2,226.79 points or 2.95 per cent to settle at 73,137.90. Intra-day, the benchmark slumped 3,939.68 points or 5.22 per cent to 71,425.01.
All Sensex shares, except for Hindustan Unilever, ended with losses. Tata Steel fell the most by 7.33 per cent followed by Larsen & Toubro which cracked 5.78 per cent. Tata Motors, Kotak Mahindra Bank, Mahindra & Mahindra, Infosys, Axis Bank, ICICI Bank, HCL Technologies and HDFC Bank were the other big laggards. Hindustan Unilever ended marginally higher.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
South Central Railway has joined the rescue teams that are engaged in locating the eight persons who remain trapped in the partially collapsed SLBC tunnel for the past six days, with necessary equipment, a senior official said on Friday.
Arushi Sharma's fashion sense blends bohemian elegance with contemporary chic.
Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.
India's major imports from the US include crude oil and petroleum products, gold and jewellery, plastics, aircraft, and electrical machinery and components. The key exports to the US comprise pharmaceuticals and biologicals, telecom equipment, precious and semi-precious stones, petroleum products, gold and precious metal jewellery, and ready-made garments.
India's exports declined for the fourth month in a row in February to $36.91 billion due to volatility in petroleum prices and global uncertainties. The country's exports stood at $41.41 billion in the same month a year ago.
The US remained India's largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at $131.84 billion, while the country's trade deficit with China widened to $99.2 billion during the same period, government data showed. In the last fiscal, India's exports to China contracted 14.5 per cent to $14.25 billion as against $16.66 billion in 2023-24. The imports, however, rose by 11.52 per cent in 2024-25 to $113.45 billion against $101.73 billion in 2023-24.
From the Sensex pack, Asian Paints, NTPC, Reliance Industries, Tata Steel, Bajaj Finserv, Hindustan Unilever, Sun Pharmaceuticals, Adani Ports & SEZ, Axis Bank, Tata Consultancy Services, Titan and Bajaj Finance were the major gainers. Tech Mahindra, Kotak Mahindra Bank, Zomato, Tata Motors, and IndusInd Bank were the laggards.
She blends traditional drip with modern edge, making every look a total Instagram moment!
With this whimsical-yet-wired addition, the IPL is not just pushing the envelope -- it's rewriting the whole playbook. Who says tech can't be fun?
Adani Enterprises Ltd (AEL) reported an over sevenfold year-on-year (Y-o-Y) rise in its consolidated net profit, attributable to the owners of the company, for the January-March quarter of 2024-25 (Q4FY25) due to an exceptional item gain. The conglomerate's net profit was recorded at Rs 3,844.91 crore, up from Rs 450.58 crore a year ago.
Gold prices rallied Rs 910 to hit a fresh all-time high of Rs 83,750 per 10 grams in the national capital on Wednesday due to heavy buying from jewellers and retailers, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 82,840 per 10 grams in the previous trading session.
The new Samvat 2080 is viewed as a year of hope for industrial and precious metals. A key reason is the expectation of US interest rates peaking, followed by a reduction in the coming months. Regarding crude oil, its trajectory depends more on how the situation unfolds in West Asia.
Tata Steel and Tata Motors dropped over 10 per cent each. Larsen & Toubro, HCL Technologies, Adani Ports, Tech Mahindra, Infosys, Tata Consultancy Services, Reliance Industries and Mahindra & Mahindra were the other big laggards.
The actor walked the runway for menswear designer Abhishek Roy at the FDCI x Lakme Fashion Week 2025.
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