Global trends, WPI inflation data for April and the ongoing quarterly earnings of corporates would be the major driving factors for the stock markets, analysts said. Investors would also keep a tab on the movement of foreign institutional investors who are on a selling spree in the domestic equity market for the past many days. "Inflation concern and monetary tightening across the globe are key concerns for the equity markets. "Equity markets are under the strong grip of bears however they look extremely oversold and due for a pullback rally.
Readers tell us why they will always treasure their moms.
Security forces launched a cordon and search operation after receiving specific intelligence about the presence of terrorists in Zainpora area of Shopian, they said.
Stock markets will be guided by global factors such as the Russia-Ukraine war, the COVID-19 situation in China and crude oil prices in absence of major domestic events this week, analysts said. Stock markets are expected to keep their winning momentum this week as FIIs may come back aggressively fuelling a further rally in the market, they added. "In absence of any major event, global cues viz the Russia-Ukraine war, the COVID situation in China and movement of crude will remain in focus. "Besides, participants will be also be eyeing FIIs flow for cues," said Ajit Mishra, VP Research, Religare Broking.
Anushka is a busy mom... What's Nandita Das doing with Kapil Sharma? Sudhir Mishra signs Bhumi and Nawaz...
Curfew continued in violence-hit Khargone city of Madhya Pradesh for the third day on Wednesday even as officials denied reports that over 100 families were forced to migrate from the city.
Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.
Responding to a question on speculation on a leadership change in the state, the former Chief Minister, who was replaced by Bommai said, according to him there will be no such changes.
'It is because of the bravery of Colonel Santosh Babu and his men that we have not seen a violent escalation anywhere else along the LAC.'
Nine people from Himachal Pradesh, including a key Hindu Raksha Mahasabha functionary, three former armed forces personnel and two retired officers of the state administrative service, joined the Aam Aadmi Party on Friday.
The India 'A' and 'B' teams registered comprehensive seventh round victories
Bharti Airtel was the top loser in the Sensex pack, slipping around 1 per cent, followed by Tata Steel, HDFC Bank, Infosys, HDFC, Bajaj Auto and PowerGrid.
Those meeting Modi included BJP's Narayan Rane, Jyotiraditya Scindia, Ajay Bhatt, Bhupender Yadav, Shobha Karandlaje, Pritam Munde and Meenakshi Lekhi, Lok Janshakti Party's Pashupati Paras and Apna Dal's Anupriya Patel, sources said.
The stock market's momentum will be guided by the ongoing quarterly earnings season, with Reliance Industries, HUL and Bajaj Finance among those scheduled to announce their results this week, analysts said. Focus would also remain on the COVID situation, global stock markets, investment pattern of foreign institutional investors (FIIs), rupee-dollar trend and Brent crude, they added. "The earnings season would gain pace this week and participants will be closely eyeing the results of some of the top names like Reliance, Ultratech Cement, Bajaj Auto, JSW Steel, Bajaj Finance, Asian Paints, Hindustan Unilever among others. "Before that, markets will first react to the earnings of two heavyweights -- HCL Technologies and HDFC Bank in early trade on Monday," said Ajit Mishra, VP Research, Religare Broking.
Joginder Tuteja looks at contemporary actors who have done well in their kingly acts.
Mansukh Hiren is the purported owner of the explosive-laden car found outside industrialist Mukesh Ambani's residence.
The incident occurred at Shakti Paper Mill in Tetla village, where the victims were cleaning an open tank on Wednesday evening, said Raigarh superintendent of police Santosh Singh.
Teenaged Grandmaster D Gukesh shocked world number 5 Fabiano Caruana as India 'B' pulled off a superb 3-1 win over number 2 seeds USA in the eighth round of the Open section of the 44th Chess Olympiad in Mamallapuram, Chennai on Saturday.
The situation was brought under control around 11.30 pm, Kadam said, adding that the incident did not result in any major injury to anyone.
The memorial has been built at the unit level near the KM-120 post on the strategic road Durbuk-Shyok-Daulat Beg Oldie, Ladakh. The memorial has names of 20 soldiers and the details of the June 15 operation.
Amid mounting opposition pressure for his resignation over the death of a civil contractor, senior Karnataka Minister K S Eshwarappa on Wednesday ruled out stepping down from his post, as he wondered if a Whatsapp message can be treated as a 'death note'.
In a tweet on Wednesday morning, Singh said, 'Instead of answering my question they have filed FIR against me. Is that Democracy BJP Model or Modi Model? What about the Hate speeches made by BJP and RW fraud Babas?'
Kite fliers from 45 different countries are painting the skies of Gujarat in vibrant colours with their high-flying kites. The 30th annual International kite festival, which kicked off on January 6, is being held at the Sabarmati Riverfront in Ahmedabad. Take a look.
Rebel Shiv Sena MLA Sada Sarvankar allegedly fired a round during a clash between workers of the Uddhav Thackeray-led Sena and Maharashtra Chief Minister Eknath Shinde's camp early on Sunday, following which police registered a case against him, his son and some others, officials said.
'I have always believed that for an actor, silence speaks louder than words.'
Domestic equities will be mainly driven by global market trends, foreign institutional investors' movement and developments around new Covid variant Omicron this week, according to analysts. Markets traded under pressure last week following weak global cues and overall investor sentiment remained downbeat throughout the week, they observed. "Global markets, Omicron variant, dollar index and FIIs' behaviour will be key factors to drive the market this week," said Santosh Meena, head of research, Swastika Investmart Ltd. One major event last week was US Federal Reserve's announcement that it will end bond-buying from March, and it also signalled starting rate hike cycle thereafter.
Nearly 86 lakh people in the state's 32 districts have been affected by heavy rain and subsequent floods this year, bringing life to a screeching halt in many parts.
The police which are probing the matter on Bommai's instruction had arrested B R Naidu, the former chief of Congress' Karnataka unit social media team, on Wednesday night from his residence.
Former Santosh Trophy National Football Championship player, E Hamsakoya, who had tested positive for COVID-19, succumbed to the virus early Saturday at a hospital in Malappuram, taking the toll due to the infection in the state to 15. Native of nearby Parappanangadi, Hamsakoya (61) had settled in Mumbai. He and his family had come down to his hometown on May 21 and had been under quarantine.
However, the Indian duo of Venkat Gaurav Prasad and Juhi Dewangan suffered a crushing 8-21, 4-21 loss to Denmark's Mathias Thyrri and Mai Surrow, the mixed doubles first round match lasting barely 21 minutes.
Global markets trends, inflation, release of industrial output data and quarterly earnings will dictate movement of the equity benchmarks this week, analysts said, adding that volatility might continue amid slew of announcements of macroeconomic data at the global level too. Moreover, foreign fund movement, crude oil prices and trend in rupee would also act as major drivers for the equity market, they added. "The direction of global equity markets along with movement in dollar index and crude oil prices will continue to dominate while inflation numbers of the USA on May 11 and inflation and IIP numbers of India on May 12 will also cause volatility in the market," said Santosh Meena, head of research, Swastika Investmart Ltd.
The toll due to the flood since mid-May is now 101, they said.
An aide of the sixth shooter arrested in the Sidhu Moosewala murder case had conducted reconnaissance in Mumbai to draw up a strategy to kill actor Salman Khan at the behest of gangster Lawrence Bishnoi, Punjab Police chief Gaurav Yadav said on Sunday.
The Board of Control for Cricket in India has started clearing the long-standing dues of the domestic cricketers, who suffered financially after the 2020-21 season was curtailed due to COVID-19 pandemic.
Sen won his second round contest 21-17, 21-10, taking 72 minutes to complete the formality.
Special Judge Santosh Snehi Mann passed the order on a petition filed by the CBI seeking revision of the order passed on Thursday by a magisterial court which also asked the agency to apologise to Patel.
Heart-warming stories and stellar performances make Gullak 3 a must watch, applauds Namrata Thakker.
The incident occurred under the jurisdiction of Aron police station, some 160 km from the state capital, around 3 am when the police personnel had gone to nab the miscreants.
Salute the brave soldiers who made the supreme sacrifice on the night of June 15-16, 2020, defending the motherland against Chinese barbarians and whose courage was acknowledged by a grateful nation at the Defence Investiture Ceremony on Tuesday.
Riding on twin strikes from Vikas, Haryana beat Jammu and Kashmir 3-1 in a Group C match to keep their semi-final hopes alive in the Santhosh Trophy.
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