Among the Sensex firms, Wipro, HCL Technologies, NTPC, Reliance Industries, Infosys, IndusInd Bank, Tech Mahindra and Tata Consultancy Services were the major laggards. IT stocks fell on profit-taking after rallying sharply in the past two sessions. Tata Steel, Titan, Maruti, Larsen & Toubro, ITC and JSW Steel were among the gainers.
'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
Although British Prime Minister Boris Johnson has delayed the full reopening of England's economy until July 19, a week after the final, people can still gather in bars and pubs. Jubilant fans were pictured packing bars, streets and even clambering on top of a London bus in the aftermath of England's extra-time 2-1 victory over Denmark, with fan-zones highlighted by some as a particular risk for transmission.
In May 2014, FIIs were net buyers by Rs 20,225 crore (Rs 202.25 billion).
Last week's releases Farrey and Starfish have not done well at the box office.
Among the Sensex firms, State Bank of India, Infosys, Titan, Tech Mahindra, IndusInd Bank, NTPC, ICICI Bank, Power Grid, Reliance Industries and Kotak Mahindra Bank were the major laggards. On the other hand, Tata Motors, Nestle, Hindustan Unilever, Tata Steel, Bajaj Finance and UltraTech Cement were among the gainers.
'Given the inherent volatility, investors should take at least a three to five-year view.'
The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
'It is not his doing, but Rahul Gandhi is forced by circumstances.' 'In taking political decisions, everything has to get his clearance.'
King is King, and that will never change. Shah Rukh Khan has announced this loud and clear with his all-time mega blockbuster, Jawan.
The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024. "The actual benefit for banks from the inclusion in JP Morgan's EM Index will accrue from June 2024 onwards. "Until then, the larger fundamentals of the market will dictate the moves. "Once the initial euphoria subsides, bond markets will look to global cues which may trigger fresh selling," said Siddharth Khemka, head of retail research, Motilal Oswal Financial Services.
Once a quality stock has been bought, the next challenge is to hold on to it -- no mean feat in this age of information overload and incessant noise.
'His way of communication is different than the first yatra.' 'Maybe his anger and frustration stems from the fact that no one is asking hard questions to the government and he is trying to do that.'
As Ravichandran Ashwin achieved the milestone 100th Test in Mohali, everyone had their lists of his best bowling feats. But Ashwin's finest cricketing moment was probably when he and Hanuma Vihari battled inhuman injury to draw the Sydney Test against Australia after India were bowled out for 36 in the first Test at Adelaide.
We are spoilt for choice with the buffet of options available to us, notes Aarti David.
If states have to fall in line with MSPs declared by political parties, they will have to do so in violation of central order or bear the full expense of the surplus procured at above MSP rates.
Reserve Bank of India (RBI) Governor Shaktikanta Das had stumped the market in the previous two policies - in August and in October - first with action and then with words. In August, it was the introduction of an incremental cash reserve ratio (I-CRR) to take out excess liquidity, which took the markets by surprise. In October, there was no action. Rather, what is known as "open mouth operation", Das' comment that the central bank might conduct open market operations (OMOs) by selling bonds tempered the euphoria in the bond markets after JP Morgan's inclusion of India in its Emerging Market Bond Index.
'The BJP is trying to change this mantra.'
'As China's reopening euphoria fizzled out on the back of some disappointing economic data, we saw inflows coming back to India with full force in the past 3-4 months.'
Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes, observes Debashis Basu.
Modi believes that the Congress leadership does not have the political sagacity to undertake a course correction because of its preoccupation about not losing its current gains in the voter base, observes Shekhar Iyer.
'A key reason for the strong interest in IPOs has been an increased focus on profitability and reasonable pricing of deals.'
'If the central government does not give rights to the people of Ladakh, then it won't be good for our country.'
Foreign policy is always a work in progress and ups and downs are built into foreign policy process. What is permanent is national interest. Hopefully, this year, which will also witness general elections in the country, will also clear clouds in the foreign policy horizon, observes Rup Narayan Das.
South Africa's bowlers chipped away at the wickets to stay on course for a huge victory against New Zealand.
Western businesses and diplomats in Delhi privately say Modi's reputation as a man of action has been hurt by setbacks on economic reform.
'The cost of financing the fiscal deficit will decrease, as new passive investors join in.'
Even as the returns of mutual fund (MF) schemes have improved considerably in the past three months, addition of new investors has remained in the slow lane for the MF industry. According to industry data, during the first six months of CY 2023, MFs onboarded only 1.6 million new unique investors, in stark contrast to the 4.7 million investors added during the same period last CY and the 2.4 million in 2021. It is noteworthy, however, that the current additions for this year have doubled in comparison to the figure of 800,000 seen in 2020.
The broking industry's pecking order is set to change with Groww, a fin-tech startup from Bengaluru, poised to topple the industry's poster boy, Zerodha, as the leading brokerage in the number of active investors. According to data provided by the portal Topsharebrokers.com, Zerodha has 6.32 million active investors, while Groww is at 5.99 million. It is projected that Groww, which has grown at a much faster clip over the past two years, will surpass Zerodha this month, or next month.
'When you do some job for a few hours, you are hardly earning enough to survive.'
If growth acceleration is accompanied by greater volatility, the welfare gains may well be limited.
'This is the one thing I've always wanted, to make finals at a World Cup and after two times of getting huge disappointment, honestly I can't believe it.'
ICICI Bank topped the Sensex gainers' chart, spurting 5.09 per cent, followed by L&T, Bharti Airtel, Vedanta and Tata Motors, rising up to 4.60 per cent.
Lionel Messi made a rousing debut for Major League Soccer's Inter Miami as he scored a stoppage-time winner to beat Liga MX's Cruz Azul 2-1 on Friday in their Leagues Cup opener in Fort Lauderdale, Florida.
'My advice to Ishan Kishan would be to forget about the milestone, forget about the double hundred as soon as you can. There are bigger milestones to achieve, higher peaks to scale.'
Currently, only three have completed more than six months of operation in the space - Fino Payments Bank, Airtel Payments Bank and Paytm
Saka double against Palace sends Arsenal eight points clear
The 35-year-old also paid tribute to Messi, who played for Real's arch-rivals Barcelona.
The intricate play and tight triangles Croatia were attempting only had to falter in a tiny way, and when they did Argentina were ready to pounce.