Investors' wealth jumped Rs 13.78 lakh crore on Monday as the benchmark equity index Sensex hit its lifetime high after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha polls. The 30-share BSE Sensex jumped 2,777.58 points or 3.75 per cent to hit a record peak of 76,738.89 in early trade. The benchmark finally ended at 76,468.78, registering a sharp rally of 2,507.47 points or 3.39 per cent.
As a uniquely multi-hyphenated writer-director-lyricist-author, Gulzar has built a reputation across multiple spheres of film-making and literary creative endeavours. Dinesh Raheja salutes the Master who turns 90 on Sunday.
Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high levels on Thursday following buying in banking, oil and auto shares and a record dividend payout by the RBI to the government. Regaining the 75,000 level after its best single-day gain since January 29, the 30-share BSE Sensex closed at all-time peak of 75,418.04, up by 1,196.98 points or 1.61 per cent over the last close.
Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said.
The party also decided to field Narpat Singh Rajvi from Chittorgarh after its earlier decision to deny the five-term MLA, who is the son-in-law of its stalwart leader Bhairon Singh Shekhawat, renomination from his Vidhyadhar Nagar seat. This triggered a backlash from a section of party workers.
Stock markets are likely to remain range-bound in this holiday-shortened week amid a lack of any major domestic triggers, analysts said. Stock indices may also face volatility during the week amid the monthly derivatives expiry on Thursday. Equity markets would remain closed on Monday for Christmas.
Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.
The Rajasthan Anti-Corruption Bureau on Thursday arrested an Enforcement Directorate officer, posted in Manipur, and his associate in Jaipur for allegedly taking a bribe of Rs 15 lakh for settling a matter related to a chit fund case, officials said.
Quarterly earnings, global trends and trading activity of foreign investors will drive stock markets in this holiday-shortened week, analysts said. It will be a trading holiday on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya. Equity markets would also remain closed on Friday for Republic Day.
The 10 who put in their papers include nine Lok Sabha MPs, including Union ministers Narendra Singh Tomar and Prahlad Patel, and the one Rajya Sabha member, officials said.
In a data-packed week, the domestic macroeconomic figures -- industrial production and inflation numbers -- along with global trends would dictate trends in the equity market this week, analysts said. According to experts, markets may face volatile trends due to high valuations. Equity benchmark indices Sensex and Nifty hit their fresh record peaks on Thursday. Besides, trading activity of foreign investors, movement of global oil benchmark Brent crude and rupee-dollar trend would also influence trading in equities.
Seven out of eight women street vendors reported experiencing high blood pressure, while women in the middle age group raised concerns about delays in their menstrual cycles due to the extreme heat.
Fifteen personnel of the public sector company got trapped in a mine Tuesday night when a cage used to carry the personnel fell down after a rope broke, police said.
Vikrant Massey hosted a jungle-themed baby shower for his wife Sheetal, even adding a forest-themed cake!
Stock markets would be driven by global trends and foreign investors' trading activity in the holiday-shortened week, analysts said adding that key equity indices may face volatile trends amid the monthly derivatives expiry on Thursday. This week markets will have just three trading sessions. Equity markets will remain closed on Monday for Holi and on Friday for Good Friday. "This week will be shorter due to market closure on both Monday for Holi and Friday for Good Friday.
Movement in the equity market this week will largely be dictated by quarterly earnings of blue-chip firms HDFC Bank and Hindustan Unilever, along with the announcement of WPI inflation data and global trends, analysts said. Trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also guide the movement.
A purported CCTV footage of the incident surfaced on the Internet showing a white-coloured Mercedes hitting some people standing outside the shop and tossing them in the air. The car rammed into a wall moments later.
The complaint against CM's son Vaibhav Gehlot and a man described as the younger Gehlot's business associate seeks action under the Prevention of Money Laundering Act.
A 15-year-old boy was allegedly beaten to death with sticks with his family alleging that he was attacked when he opposed an attempt to molest his cousin, police said.
Dazzling, dancing and decked to the hilt, courtesans in Hindi films are a breathtaking mix of shiny fantasy and flirtatious poetry to behold.
Speaking exclusively to rediff.com he said that the Gujjars did not fulfill any of the conditions that are necessary to get ST status.
Before ending his life on Monday, Meena recorded a video alleging Joshi and a few other people had caused problems to him because of which he was forced to kill himself.
Four of seven Bharatiya Janata Party MPs who fought the Rajasthan assembly elections won their respective seats while three others lost the polls.
Stock markets will be largely driven by global trends and macroeconomic data announcements in a holiday-shortened week which may see volatility amid monthly derivatives expiry, say analysts. Equity markets will remain closed on Monday for Gurunanak Jayanti. Trading activity of foreign investors and the movement of the rupee against the dollar will also be tracked by investors.
Two ministers who raised the banner of revolt with former deputy chief minister Sachin Pilot during the political crisis also find their names in the list.
Stock markets would take cues from the upcoming macroeconomic data announcements and global trends besides keeping a watch on the trading activity of foreign investors, analysts said. The last batch of the ongoing earnings calendar would trigger stock-specific action, traders said. "This week, we have to deal with macroeconomic data on both the domestic and global front.
The newly elected Bharatiya Janata Party MLAs in Rajasthan will meet in Jaipur on Tuesday to formally pick the next chief minister of the state, ending days of suspense after the party won the assembly elections.
Trends in the global markets, trading activity of foreign investors and announcement of domestic macroeconomic data are the major factors that would drive investors' sentiment in a holiday-shortened week ahead, analysts said. Benchmark indices had a record-breaking rally in the past week driven by impressive GDP data. Equity markets would remain closed on Friday for Mahashivratri.
Family members alleged that it was a communal incident because the attackers were from another community, however, police denied that the dispute was on religious grounds.
Though the MLAs termed it a courtesy meeting, they said they will support Raje if the party leadership chooses her for the post in the state.
Heeramandi, a passion project that took off after years in development and planning, mirrors Sanjay Leela Bhansali's film-making's finest and frustrating features, observes Sukanya Verma.
Tanya Maniktala is the 'badi badi aankhonwali' actress from PI Meena.
The RPF officer said a team of personnel of the force was accompanying the mortal remains to Sawai Madhopur and they will carry them to his native place from the railway station for the last rites.
Global trends, trading activity of foreign investors and movement of oil benchmark Brent crude would dictate terms in the domestic markets this week, analysts said. Equity markets, which fell nearly 3 per cent last week, may face volatile trends amid the monthly derivatives expiry on Thursday. "This week marks the September month Futures and Options (F&O) expiry, which is expected to bring about volatility in the market," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
The constable fired from his automatic weapon, killing an RPF Assistant Sub Inspector and three other passengers of the Jaipur-Mumbai Central Express shortly after 5 am, the official said.
The meeting comes in the wake of Uttar Pradesh police's anti-terrorist squad questioning Seema and his Indian partner Sachin Meena on Monday and Tuesday.
The couple stayed in a Hotel in the month of March this year and booked the room under fake names, the owner of the hotel confirmed.
Sumariwalla also said that the AFI is expecting at least 35 track and field athletes to take part in the Paris Olympics.
A 53-year-old man died on Thursday when a portion of the Gokulpuri Metro Station on the Pink Line in northeast Delhi collapsed, the police said.
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