Despite multiple headwinds at the start of 2023, the Indian markets delivered a strong performance, posting 19-20 per cent growth for the year. Even as new records were set, investor sentiment remains strong going into 2024, given the lower inflation, expectations of steady to lower interest rates, higher economic growth, and strong inflows. However, the overriding concern for most brokerages is valuations.
With the markets scaling new highs, as many as 43 stocks from the Nifty50 index and 27 of the 30 scrips that are part of the S&P BSE Sensex are trading above their respective 200-day moving average (DMA). The 200-DMA is seen as one of the most relevant trend indicators by investors and traders, who believe that stocks and indices trading above this level possess strength and are likely to rally in the short to medium term, while the ones trading below this level are viewed as bearish and expected to see a sell-off. Wipro, UPL, Kotak Mahindra Bank, Hindalco, Infosys, Cipla, and Adani Enterprises are the only stocks from the Nifty50 pack that are still below their respective 200-DMA, the exchange data suggests.
'My understanding is that by the time President Xi Jinping came for the Chennai summit [2019], he had already instructed his army to undertake the action in Galwan in the summer of 2020.'
'Find a name that changes the words honor killing and hopefully it includes the word murder.' 'If you use the words, you are trying to justify the murders.'
Modi will arrive in New York on June 20 and will lead the 9th International Yoga Day celebrations at the UN headquarters on June 21.
More than 10 million older adults aged 60 or over in India may have dementia, comparable to the prevalence rates for countries such as the US and the UK, according to a first-of-its-kind study.
The paper suggests the strategy needs to be area-specific eg, border tourism can be promoted aggressively in the Turtuk or Siachen sector, and Daulat Beg Oldi or Depsang plains.
'You don't know what you are going to encounter every 10-20 metres.' 'These mountains are unpredictable.'
'India is the sixth-largest market for the Kia Corporation, and contributes 8 to 9 per cent to our global sales.' 'We are eyeing 10 per cent market share over the next few years depending on customer demand and new product innovations.'
The government has ordered monoclonal antibody from Indian Council of Medical Research to treat the child. It is the only available anti-viral treatment for Nipah virus infection, though it has not been clinically proven yet.
Most economists expect the global economy to weaken in the coming year amid political and financial volatility, but a large majority of over 90 per cent are confident of moderate or strong growth in South Asia, notably India, a survey showed on Friday. At the same time, the outlook for China has dimmed following signs of deflationary pressures and fragility in the country's real estate market, the World Economic Forum's latest 'Chief Economists Outlook' report said. As the world grapples with political and financial volatility, almost six in 10 believe the global economic outlook will undermine progress towards meeting the UN Sustainable Development Goals (SDGs), with 74 per cent saying geopolitical tensions will have the same effect.
Drug Development Solutions Ltd said it is in talks with leading Indian pharmaceutical companies, including Ranbaxy and Dabur, for collaboration in drug research and it is scouting for partnership with Indian data management companies.
'There were bodies scattered everywhere, mutilated, women and children that were handcuffed and shot, executed, houses torched and burned, and people who were either burnt inside or suffocated'
Her reasoning is simple, "It's a Tata company. No shareholder will let go of this opportunity," she told Business Standard. When asked if the other reason for lining up for the IPO is the technology sector and the fact that the combination of Tata and tech is happening after almost two decades, she replied: "The name of the company and the group matter. Tata means stability and credibility," she added.
The Indian Institute of Technology Bombay invites applications for opportunities to work in Frontier Research Areas.
'Our research shows that 60 per cent of the growth and interest in anime will come from India for the next few years.'
'The planning and implementation has gone horribly wrong.' 'What they are doing is in effect, establishing a large cheetah zoo.'
The transmission of dengue is closely associated with three key factors -- rainfall, humidity and temperature -- that dictate the geographies in which it spreads and the transmission rate of the viral infection caused by the dengue virus (DENV), and transmitted to humans through the bite of infected mosquitoes.
Fortis Healthcare on Thursday said it has inked a pact with the VPS Group to acquire Manesar-based Medeor Hospital for Rs 225 crore. The healthcare major said it has signed definitive agreements to acquire Medeor Hospital for an overall purchase consideration of Rs 225 crore. The hospital has a potential capacity of 350 beds and can be operationalised in a phased manner in around nine months, it added.
It took India and the Indian Army to show to the world that enough is enough and to challenge the neighbourhood bully, he said.
The Trans-Lagrangian Point 1 Insertion manoeuvre marks the beginning of the spacecraft's about 110-day trajectory to the destination around the L1 Lagrange point, a balanced gravitational location between the Earth and the Sun.
ISRO chairman S Somanath on Monday said instead of a success-based design in Chandrayaan-2, the space agency opted for a failure-based design in Chandrayaan-3, focused on what all can fail and how to protect it and ensure a successful landing.
The rover will carry out in-situ chemical analysis of the lunar surface during the course of its mobility.
Researchers believe they have found the exact spot in Rome where Julius Caesar was stabbed to death on March 15, 44 BC. They have revealed that the general was stabbed right at the bottom of the Curia of Pompey while he was presiding, sitting on a chair, over a meeting of the Senate. Currently, the remains of this building are located in the archaeological area of Torre Argentina, right in the historic centre of the Roman capital
With the fate of the Development Enterprise and Services Hub (DESH) Bill in limbo, the commerce department is working towards tweaking some rules under the existing special economic zone (SEZ) law to allow use of unutilised spaces in IT/ITES for non-SEZ purposes. The move, when implemented, will free-up the land area that is not in demand through partial de-notification of certain floors or buildings, thereby allowing easier exit. "The department of commerce is discussing the matter with the revenue department before making changes in the Special Economic Zone Act, 2005," a person aware of the matter
Bengaluru recorded the highest green building stock at 140 million square feet, followed by Delhi-National Capital Region at 74 msf, and Hyderabad at 72 msf for Grade A office buildings as of September 2023.
Several major cyclones have hit various parts of India over the last 10 years. Here is a look at the notable among them.
Wealthy Indians are adding new residential addresses to their assets, many of them in Dubai. The quality of life in the desert city is comparable to any coveted city in the world. Its property market is regulated to protect investors' interests.
rediffGURU Baqar Iftikar Naqvi, start-up mentor, founder and CEO of Upriver Ecommerce, offers advice on how to navigate the many challenges of entrepreneurship.
Reliance Clinical Research Services has commenced studies for clients in the United States, the United Kingdom and West Asia in areas including infectious diseases, vaccines and oncology to take advantage of India's competitiveness.
'We humans may not have not created natural disasters, but we have definitely amplified their impact.'
Don't ignore symptoms like coughing, wheezing or shortness of breath, warns Dr Sandeep Tilve.
Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks
Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.
The talks for a free trade agreement (FTA) between India and Canada may have taken a pause but will resume once the political row between the two countries is resolved as the pact has economic benefits for both the nations, trade experts and exporters said on Friday. However, they said that India may not hurry for the trade agreement as 60 per cent of New Delhi's exports are already entering Canada at zero duty. Earlier this month, India and Canada paused the negotiations for the agreement due to political reasons.
India must evolve its own standards on how democracy must be ranked in a diverse and multi-religious, multi-ethnic, multi-lingual and pluralistic idea called India, suggests R Jagannathan.
Despite high exposure to floods, Assam, Bihar, Uttar Pradesh, Odisha, and Sikkim are the best performing states in terms of flood early warning systems (EWS), according to the report by independent policy research think tank The Council on Energy Environment and Water.
The southwest monsoon season concluded on Saturday with India receiving 'below-average' cumulative rainfall -- 820 mm compared to the long-period average of 868.6 mm -- in an El Nino year.
Do you have questions about CAT, XAT, CMAT or CET? rediffGURU Patrick Dsouza will answer them.
'When I was toying with 10 different ideas, my father was diagnosed with lung fibrosis and his condition deteriorated so badly that we lost him in six months. He was very unsatisfied with the lack of proper diagnosis.' 'It made me think will anyone do a biopsy if there is no symptom? Why is it that we do not have any non-invasive diagnostic method?' 'This idea was the strongest out of the ten, and with Snahlata Singh with her cancer biology background joining me, the idea got a real boost.'