Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a surge in crude oil prices and significant selling pressure on bank stocks, impacting overall investor sentiment. Track Sensex, Nifty on July 22.
Indian benchmark indices Sensex and Nifty tumbled nearly 1 per cent for the third consecutive day, driven by a sharp spike in crude oil prices and significant selling in bank stocks, with Brent crude jumping to USD 95.27 per barrel.
The Calcutta High Court has strongly criticised travelling ticket examiners (TTEs) for illegally selling unoccupied berths, likening it to 'selling vegetables in a market', after such an incident led to the death of a drugged theft victim on a train.
After four consecutive months of outflows, foreign portfolio investors (FPIs) have turned net buyers in Indian equities in July, investing over Rs 15,157 crore, driven by improving domestic macroeconomic indicators, a stable rupee, and better global risk sentiment.
A 34-year-old 'differently-abled' man, SabariVarman, arrested for selling tobacco products, died in judicial custody in Tamil Nadu's Kanniyakumari district, prompting his family to allege police brutality and stage protests demanding an investigation.
BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.
It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.
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Bihar Police have arrested four individuals in Muzaffarpur for allegedly operating a network that sold fake question papers for various examinations, including NEET-UG, to aspirants and their parents via social media. The arrests followed information from a previously apprehended associate, Manish Jha, and further investigation is ongoing.
The number 10 shirt worn by Brazil's Pele in the 1958 World Cup final, where he scored twice against Sweden, has been sold for $4.9 million at a Sotheby's auction, making it the most valuable piece of memorabilia linked to the football legend.
Indian benchmark indices Sensex and Nifty ended flat on Tuesday, with the Sensex dipping nearly 70 points, as investor sentiment turned cautious ahead of crucial global central bank policy meetings and a significant sell-off in Asian markets.
Asian Football Confederation president Sheikh Salman bin Ebrahim Al-Khalifa has strongly criticised FIFA's plan to sell stakes in the World Cup to private investors, calling the lack of consultation "totally unacceptable". He stated that FIFA's unilateral actions undermine continental football and urged member federations to await further discussions before approving the $20 billion proposal.
Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.
Indian benchmark indices, Sensex and Nifty, recorded their fifth consecutive day of losses, driven by investor caution over rising oil prices due to West Asia tensions and renewed concerns regarding US trade tariffs.
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UEFA's member associations have unanimously voted to boycott the World Cup and other FIFA competitions in protest against FIFA's plan to sell stakes to external investors in a subsidiary managing its tournaments.
FIFA President Gianni Infantino's proposal to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to commercialise its events and offer stakes to external investors, has drawn significant criticism from governing bodies like UEFA and CONCACAF, who accuse FIFA of a lack of transparency and attempting to 'sell the soul of football'.
FIFA plans to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to manage the World Cup and other events, offering up to 20% stakes to external investors, a move that has drawn fierce criticism from UEFA, who accused the governing body of putting the game's 'soul' up for sale.
Indian benchmark indices, Sensex and Nifty, closed lower due to significant selling in HDFC Bank and Axis Bank shares, driven by margin-related concerns and escalating US-Iran tensions, which also pushed crude oil prices higher.
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
The parents of Indian para powerlifter Jhandu Kumar celebrated his bronze medal at the Glasgow 2026 Commonwealth Games, saying years of hardship and determination had finally paid off.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.
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Jhandu Kumar, an Indian para powerlifter, secured India's first medal at the Commonwealth Games, winning bronze in the men's heavyweight category.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
Indian benchmark indices, Sensex and Nifty, opened in positive territory, primarily driven by a strong performance in IT stocks, sustained foreign fund inflows, and a dip in global crude oil prices, despite a hawkish stance from the US Federal Reserve. Track Sensex, Nifty on July 30.
FIFA President Gianni Infantino has clarified that the plan to sell stakes in the World Cup is a proposal and 'not an obligation', following strong criticism from regional football confederations who felt blindsided by the idea.
Police have arrested the alleged mastermind, Vijayendrakumar alias Bijendra Kumar Gupta, and an associate in the Maharashtra Teacher Eligibility Test (TET) 2026 paper leak case, bringing the total number of arrests to 14. The Special Investigation Team (SIT) tracked Gupta, identified as the chief coordinator of an inter-state network, to Samastipur, Bihar. The arrests are expected to help uncover the financial aspects of the racket, which involved an organised criminal syndicate within a printing press.
An intensified DVAC probe into a multi-crore liquor scam, allegedly involving former DMK Minister V Senthil Balaji, has led to a suggestion to privatise retail liquor sales in Tamil Nadu. The investigation targets alleged collusion in TASMAC bar licences, transport tenders, and procurement, with the Madras High Court dismissing Balaji's anticipatory bail plea. The FIR details systemic corruption, significant revenue loss, and illicit fund generation, prompting political reactions.
The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.
A 35-year-old man has been arrested in Delhi for allegedly selling counterfeit products of international luxury brands from his shop in Shalimar Bagh. Police seized a large quantity of fake branded items, including clothing, watches, and accessories.
Two police constables were arrested in Gopalganj, Bihar, for allegedly selling liquor. The constables, along with a private individual, were found in possession of 333 litres of IMFL. Both constables have been suspended, and departmental action has been initiated.
Indian benchmark indices Sensex and Nifty recorded sharp gains, rising over 1 per cent, driven by strong performances in IT stocks, HDFC Bank, and renewed foreign fund inflows, despite mixed global cues and elevated crude oil prices.
National record holder Lovepreet Singh secured a silver medal in the men's +110kg weightlifting event at the Commonwealth Games, setting a new Games record in the snatch category. He finished just one kilogram behind New Zealand's David Andrew Liti, who claimed gold.
The Defence Research & Development Organisation (DRDO) has dismissed recent media reports of an alleged cybersecurity incident and data breach as "incorrect and unverified." Officials clarified that investigations found no evidence of an active cyber attack or data exfiltration, stating that any leaked data is unclassified, outdated, and fabricated by threat actors for financial gain.
Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.
Sports Minister Mansukh Mandaviya felicitated para-powerlifter Jhandu Kumar with a Rs 10 lakh cash prize for his bronze medal at the Commonwealth Games in Glasgow.
Bengaluru police have arrested five individuals for selling banned Hydro Ganja, seizing 3.686 kg of the substance worth Rs 2.56 crore.
