From the 30 Sensex firms, Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel and Adani Ports were the biggest gainers. Tata Consultancy Services emerged as the only laggard.
If technical analysts are to be believed, the index has more room for a slide down to 72,000 levels in the worst-case scenario, wiping out all the gains made in 2024 so far.
Shares of Tata Group companies on Thursday rose up to 10 per cent, with Tata Chemicals and Tata Teleservices among the major gainers. Tata Sons Chairman Emeritus Ratan Tata, who played a key role in transforming the group into a global conglomerate, passed away late on Wednesday. He was 86. "Investors can pay tribute to Ratan Tata and the great corporate empire he built by buying stocks like TCS, Tata Motors, Tata Steel, Tata Consumer and Indian Hotels.
George Russell led Lewis Hamilton in a Mercedes front-row lockout in qualifying for the British Grand Prix on Saturday with McLaren's Lando Norris completing a rare one-two-three of home drivers.
Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion. It's time for the government, the majority owner of public sector banks, to reap the benefit of the rally in bank stocks, recommends Tamal Bandyopadhyay.
Grandmaster Koneru Humpy will spearhead the Indian challenge in the Women's candidates' chess tournament that will get underway in Toronto, Canada from Wednesday.
Max Verstappen won Formula One's first Chinese Grand Prix in five years on Sunday.
HCL Technologies was the biggest gainer in the Sensex pack, rising 5.58 per cent, followed by Tata Consultancy Services and Infosys, State Bank of India, Tech Mahindra, Tata Steel, NTPC and Wipro. In contrast, Nestle, Bharti Airtel, Maruti and ITC were among the laggards.
'New record for the Nifty50 is only a question of when.'
One of the most controversial animal festivals in the world is underway in Pamplona, Spain. Welcome to the Running of the Bulls festival held each year in Spain for nine days.
The Dutchman's run of nine successive wins was snapped as he broke down on lap four with a brake problem.
IMAGES from the UEFA Champions League matches played on Tuesday.
If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels.
Mercedes driver George Russell has been disqualified and lost his Belgium Grand Prix win on Sunday, after his car was found to be underweight, and his teammate Lewis Hamilton was promoted to first place.
'Future market gains will likely depend primarily on earnings growth.'
Lando Norris capitalised on a bit of good fortune to win the Miami Grand Prix on Sunday
Triple Formula One world champion Verstappen missed out on pole because he set his time of one minute 12.000 seconds after his British rival in a drama-filled qualifying session at the Circuit Gilles Villeneuve.
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
'I find it ridiculous what happened, so why should I then give full answers?'
The operations revealed evidence of price and volume manipulation of stocks through the use of platforms like YouTube and WhatsApp.
The 22-year-old from Almora, who had come close to winning an Olympic medal in Paris before finishing fourth, will undergo a series of tests at the Red Bull Athlete Performance Centre in Salzburg to get a detailed evaluation to rev up his fitness and game.
Lando Norris put McLaren on pole position for the Spanish Grand Prix on Saturday
The annual San Fermin bull-running festival typically takes place every year between July 6 and 15. But for the first time in nearly a century, the event has been cancelled due to the coronavirus.
The range of food at banquets at the Mughal court consisted of delicacies that commoners could not ever dream of.
World champion Max Verstappen got back to winning ways on Sunday with a third straight pole-to-flag victory at the Japanese Formula One Grand Prix, leading teammate Sergio Perez across the line for a Red Bull 1-2 at Suzuka.
'There will be a lot of spice to the contest -- there is a reason India is the only team other than England against whom Australia is keen to play a five Test series.' 'I'll watch, as I suspect most fans will -- but this one time, I'll watch with considerable trepidation and, from a fan's point of view, with the hope that the team finds its feet and that right quick,' notes the distinguished cricket commentator Prem Panicker.
Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand Prix on Saturday.
'Pandi was promised something, that is not happening, so his anger is not of a villain's.' 'That's how all normal humans would react, or they stay silent.' 'Our violence is our silence. So in this world, everybody is innocent.'
Red Bull's Formula One World champion Max Verstappen took pole position for the Australian Grand Prix on Saturday with Carlos Sainz qualifying alongside on the front row for Ferrari two weeks after undergoing surgery for appendicitis.
Investors' wealth eroded by Rs 9.51 lakh crore on Monday morning, following a crash in equity markets where the benchmark Sensex tanked over 2,400 points, mirroring a sharp plunge in global peers. The 30-share BSE benchmark tanked 2,401.49 points to 78,580.46 in early trade. Following the sharp decline in equities, the market capitalisation of BSE-listed firms dropped by Rs 9,51,771.37 crore to Rs 4,47,65,174.76 crore ($5.35 trillion) during the morning trade.
Formula One leader Max Verstappen passed Mercedes rival Lewis Hamilton on the penultimate lap to win a tense French Grand Prix for Red Bull on Sunday and canter 12 points clear at the top.
Based mainly on his reconnaissance reports, the Indian Army went ahead with the mission to occupy the Siachen heights under the Operation Meghdoot.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'
Ferrari's Charles Leclerc won the Monaco Grand Prix on Sunday to become the first home winner
'Though one cannot paint the entire microcap basket with the same brush, investors need to be careful now as to what they're buying.'
'This trend will continue as long as the bull run continues.'
The universe of stocks trading at a 12-month forward price-to-earnings (P/E) multiple of 50x or more has swelled by 2.5x to 104, indicating the growing froth in the market. In March 2023, the number of stocks with a P/E of 50x and 100x stood at 41 and 3, respectively, which has now grown to 104 and 9, according to an analysis by Kotak Institutional Equities (KIE).
'Sectors like e-commerce, small finance, housing finance, and healthcare are in great favour, and people are paying a PEG ratio of up to 5, which is dangerous.' 'Wealth destruction is inevitable.'
Verstappen took pole position for the Saudi Arabian Formula One Grand Prix on Friday with Ferrari's Charles Leclerc qualifying alongside on the front row.
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