A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.
The German and British sides, along with the Indian soldiers, met at halfway points, on no man's land and gave the Indian soldiers sweets and Christmas trees and they offered biscuits and cognac in return.
From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.
'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'
The Hollywood brigade looked super glam on the red carpet of the 82nd Golden Globes at Beverly Hills, California.
'Simplicity is the ultimate sophistication' for the Alyad Palyad actor.
With the Uttar Pradesh Assembly polls scheduled for 2027, political experts are observing an increasing trend of temple-mosque disputes in the state, leading to heightened polarization. Recent bypolls saw the use of divisive slogans, and analysts believe this trend will intensify as the 2027 elections approach. The recent surge in claims about the existence of Hindu temples at the sites of mosques in various cities has fueled this polarization. The BJP-led government has been accused of promoting communal polarization, while opposition parties like the SP have criticized the ruling party's actions. The RSS chief has called for restraint in raising new temple-related disputes. Experts predict that communal polarization is likely to escalate in the coming days.
Everything you need to know about Coldplay's concert at Navi Mumbai's DY Patil Stadium on January 18, 19 and 21.
Anil Agarwal, chairman of metals major Vedanta group, has called for the sale of government stake in Bharat Gold Mine and Hutti Gold Mine so as to increase production of the yellow metal in the country. In a social media post, Agarwal said global gold prices are currently at record highs and India imports 99.9 per cent of its requirement. "With massive investments, we can be a major producer of gold and a big generator of employment," Agarwal said.
8 celeb-inspired ways to wear metallic silhouettes.
The Ajrakh print has taken 2024 by the storm.
'Unless Justice Chandrachud's judgment is (over)turned, there is no end to it.'
The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures and the issue has now been largely rectified, government sources said. The downward revision has provided the actual picture of trade deficit (difference between imports and exports), which was earlier looking very high. The deficit for November will now be revised downwards from $37.84 billion to about $32.8 billion. Similarly, there will be a revision in overall import numbers as well.
'It has also outlived its initial purpose of reducing physical gold imports.'
Investors' wealth on Monday surged Rs 4.21 lakh crore as markets bounced back after five days of fall. The BSE Sensex jumped 602.75 points or 0.76 per cent to settle at 80,005.04. During the day, it surged 1,137.52 points or 1.43 per cent to 80,539.81.
Invest with a 5 to 7 year horizon so that you are able to ride out price volatility and benefit from the long-term trends of demand and macroeconomic shifts.
She does not hesitate when it comes to experimenting with her makeup.
Gold price outlook 2025: Gold prices that have climbed over 30 per cent so far in 2024 to Rs 7,300 per gram in the Indian markets (up 28 per cent in dollar terms till November-end), are set for their best calendar year performance in 10 years, suggests a recent report by World Gold Council (WGC). However, this stellar run, analysts believe, may not carry through till the end of 2025 in the backdrop of economic and geopolitical headwinds.
The Indian market remains an attractive place to do business for the nation's entrepreneurs, with 75 per cent of them operating domestically.
The latest issue of "Organiser", an RSS-linked magazine, has argued that the ongoing dispute over the Shri Harihar Mandir in Sambhal, Uttar Pradesh, is not about religious supremacy but about seeking "civilisational justice" by uncovering historical truth. The editorial, penned by Prafulla Ketkar, editor of "Organiser", contends that the debate should not be limited to a Hindu-Muslim perspective but should encompass a wider discussion on historical truths and social justice. The magazine further criticizes the Congress's handling of caste and religious issues, accusing it of whitewashing historical injustices and promoting a false narrative about Mughal rulers.
Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.
Meet the khatta-meetha girl.
All sectoral indices ended lower. BSE Telecommunication tanked 2.18 per cent, metal (1.77 per cent), auto (1.70 per cent), energy (1.64 per cent), oil & gas (1.59 per cent), commodities (1.39 per cent) and financial services (1.37 per cent) were the major laggards.
Presenting Amit Aggarwal's latest couture line inspired by nature.
The Bruhat Bengaluru Mahanagara Palike commissioner on Thursday issued a public apology after "local staff" sealed the doors of two apartments with metal sheets in a building where a positive case of COVID-19 was reported in Dommalur.
She has a fun take on fashion but her best accessory her 100-watt smile.
Nutritionist and fitness coach Rujuta Diwekar explains the importance of using the iron kadhai, brass pots and silver plates in our daily lives.
IIT Kanpur has announced a breakthrough in stealth technology, which would make tanks and fighter aircraft invisible, or near-invisible to enemy radar.
Vogue's Forces of Fashion red carpet event held October 23 at St Regis, Mumbai was a Starry Night of Style.
Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.
All is not well between veteran Telugu actor Mohan Babu and his son Manchu Manoj.
A man has built an eco-friendly house with mud, mud tiles, jute, metal, and toys in Kozhikode, Kerala.
With her sharp features and mind-blowing wardrobe, she is way, way cool.
On the Sensex chart, Yes Bank was the worst hit with 7.81 per cent decline. It was followed by Tata Steel, Vedanta, M&M, IndusInd Bank and Tata Motors -- shedding as much as 5.07 per cent.
Chicken cooked up in a charred masala is a rural Maharashtra treat and tastes divine with rice or bhakri.
Tata Steel was the top loser in the Sensex pack, shedding around 4 per cent, followed by Kotak Bank, Bajaj Auto, M&M, Bharti Airtel, Reliance Industries, IndusInd Bank and Maruti. NSE Nifty declined 70.75 points to close at 16,983.20.
It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.
The sharp pullback in mid and smallcap stocks signals a cooling-off period in segments that previously attracted considerable investor interest.
The Reserve Bank of India (RBI) added another 102 metric tonnes to the domestically held gold in the April-September period, as per a disclosure made on Tuesday. The overall quantity of the precious metal stored in local safes stood at 510.46 metric tonnes as of September 30, which was up from over 408 metric tonnes as on March 31, 2024. The central bank said it added another 32 metric tonnes of gold reserves in the six-month period to take the overall tonnage to 854.73 metric tonnes, as per the half yearly report on management of foreign exchange reserves.
