Analysts believe that investors should look at stocks that hit 52-week lows only if they have a dividend paying track record, are debt-free and have sound fundamentals.
Several Union Ministers and leaders of various political parties apologised on Monday to Rajya Sabha Chairman Hamid Ansari for the disrespect shown to him by some members and their unruly behaviour in the House on the issue of taking up the Women's Reservation Bill.
Investors' wealth rose by Rs 2,22,763.25 crore in three days of market rally, with the benchmark Sensex closing at an all-time high on Thursday. At close of trade, the 30-share BSE index gained 254.80 points or 0.48 per cent to 53,158.85, its lifetime closing high. During the day, the benchmark also reached its all-time intra-day peak of 53,266.12 points. The benchmark has gained 786.16 points in three days.
US-based software solution provider Adobe Systems on Thursday announced the appointment of Naresh Gupta as senior vice-president.
Quarterly earnings from IT majors Infosys and Wipro, macroeconomic data announcements and global cues would be the major drivers for the equity markets this week, said analysts. Leading IT companies Infosys and Wipro and other players such as Mindtree, Tata Elxsi and HDFC AMC would announce their financial results this week. Moreover, industrial production numbers, retail and wholesale inflation data would be released this week.
The company claims that when the Nitric Oxide Nasal is sprayed over nasal mucosa it acts as a physical and chemical barrier against the virus.
Vice President Hamid Ansari has said that it is important to remember that those advocating extremist, fundamentalist and terrorist causes constitute a tiny minority. "They neither have the religious nor political mandate for their abhorrent actions and ideologies," Ansari said.
Trinamool Congress, a major constituent of the United Progressive Alliance, on Monday night decided to support the alliance's vice presidential poll candidate Hamid Ansari but oppose any decision to open the multibrand retail to FDI and bills on forward marketing in commodities and privatisation of pension fund in the monsoon session of Parliament.
Vice President Hamid Ansari and Prime Minister Manmohan Singh on Monday condoled the death of freedom fighter Captain Lakshmi Sehgal, saying that the nation has lost an icon of selfless service.
An entertaining 11 minutes ensued with four goals, two at either end. First up, Brazilian target man Silva made most of Udanta Singh's build-up play, to leave NorthEast defenders high and dry with a fine goal.
Stock markets will focus on global trends for further direction in this holiday-shortened week as the earnings season is largely over, analysts said. Trade experts expect the key benchmark indices to move sideways as investors are trying to decode the impact of rising inflation on foreign portfolio investments. Inflation data released by the US and China last week have fanned fears of earlier than expected rate hike and boosted US bond yields.
The one-of-a-kind broken glass medium used by the artist Simon Berger to create the portrait uniquely embodies Harris' glass-shattering achievement.
VP Suhair and Patrick Flottmann scored to give NorthEast the win.
The third-highest category of security in the country has been granted to Agnihotri because of the film-maker's increased threat perception after the The Kashmir Files release.
Tarun Katial of Star Network has joined Sony Entertainment Television to oversee the channel's creative content, programming and on-air promotions.
Adobe has roped in industry veteran Abhay Parasnis to head the firm's technology strategy, particularly its cloud portfolio, reports Ritu Jha.
Domestic equity markets are likely to see volatility in a range-bound trade this week amid geopolitical worries and growing expectations of a sharp hike in interest rates, analysts said. Global trends, inflation data and the last batch of quarterly earnings will drive the markets this week, they said. Besides, the rupee movement, FII investment pattern and Brent crude trends would also be watched by investors.
Former Prime Minister V P Singh, who formed the first non-Congress coalition government at the Centre dethroning Rajiv Gandhi-led Congress in the 1989 elections, died In New Delhi on Thursday after prolonged illness.
Equity benchmark Sensex rallied over 300 points in opening trade on Monday, tracking gains in index majors HDFC twins, SBI and ICICI Bank amid mixed cues from global markets.
Billionaire Gautam Adani on Tuesday did an hour-long session of yoga exercises in the open air as he led corporate India to join the International Day of Yoga celebrations. Several public and private sector companies held yoga sessions at their offices to promote the adoption of exercise in daily routines to stay fit and healthy. Adani, chairman of logistics-to-energy conglomerate Adani Group, and his wife Priti, who heads the Adani Foundation, "participated with more than 1,000 members of the Adani Parivaar team to celebrate health, mindfulness and meditation," the group said in a statement. The session was held at a football ground at Adani Shantigram in Ahmedabad. Several other business leaders tweeted pictures of their yoga sessions.
On the occasion of first anniversary of his government, Prime Minister Narendra Modi on Tuesday met President Pranab Mukherjee and Vice President Hamid Ansari.
The first quarter earnings season will dictate the trend in the equity markets in this holiday-shortened week amid absence of major macroeconomic drivers, say analysts. Besides, lacklustre global markets may increase volatility in the market, they added. Equity markets would remain closed on Wednesday for Bakri-Id.
The man behind this miraculous growth is 57-year-old VP Nandakumar, the executive chairman of Manappuram Group. He took over the reigns of the shop in 1986 when his father fell ill.
Investors' wealth zoomed by Rs 5,78,634.72 crore in two days of intense market rally, with participants adding Rs 2,74,908.83 crore to their fortune on Tuesday. Over the past two sessions, the BSE gauge Sensex has gained about 1,461 points or 2.99 per cent. The benchmark rallied 612.60 points or 1.24 per cent to settle above the 50,000-mark on Tuesday. Following the two-day massive rallies, the market capitalisation of BSE-listed companies jumped by Rs 5,78,634.72 crore to a record Rs 2,16,39,367.91 crore on Tuesday.
Dutta was president of United Airlines, where he worked for nearly twenty years. He also served as the president of Air Sahara for two years. Moreover, he was an advisor to the restructuring of both Air Canada and US Airways.
In what has now become a routine media query, Indian-American Louisiana Governor Bobby Jindal has once again said he is not going to be the vice presidential candidate with the presumptive Republican nominee Senator John McCain. Despite his daily statements to the contrary, the name of 37-year-old Jindal for the running mate simply does not go away from the radar screen.
Louisiana Governor Bobby Jindal told Fox News on Wednesday he will not run for vice president on the Republican ticket
Investors' wealth slumped over Rs 8.77 lakh crore on Monday as concerns over surging COVID-19 cases in the country roiled the equity market. The 30-share BSE benchmark index plunged 1,707.94 points or 3.44 per cent to close at 47,883.38. During the day, it nosedived 1,897.88 points to 47,693.44. Tracking losses in equities, the market capitalisation of BSE-listed companies eroded by Rs 8,77,435.5 crore to Rs 2,00,85,806.37 crore.
Apple unveiled its highly anticipated iPhone 14 during its 'Far Out' event on Wednesday along with the iPhone 14 Plus variant, the iPhone 14 Pro and Pro Max. This new lineup is inspired by the iPhone 13, with sharp metal edges, rounded corners, a glass back, the recognisable notch at the top of the handset, and a lightning port.
Tata Consultancy Services, India's largest software exporter, hired 100,000 freshers in the financial year 2021-22, more than in any other year. That means an average of 8,300 trainees joining the company every month. This is not merely a mathematical calculation: hiring of freshers at the top IT companies is no longer a compressed affair confined to the campus season.
The US Fed interest rate decision, domestic macroeconomic data announcements and ongoing quarterly earnings are some of the major factors that will drive the stock markets in a holiday-shortened week, analysts said. Besides, monthly auto sales numbers and the LIC IPO will also remain in focus, they added. Equity markets will remain closed on Tuesday for Id-Ul-Fitr (Ramzan Id). "The market is likely to kick off this week on a sombre note after a sharp fall in the US market then the focus will shift to the outcome of the US FOMC meeting, which is crucial amid record inflation and growth worries.
What would an Indian American president of the US look like, sound like and act like, especially on issues and policies pertaining to his or her 'mother-land'?, asks N Sathiya Moorthy.
On the Sensex chart, NTPC, SBI, UltraTech Cement, ICICI Bank, Tata Steel, Bajaj Finserv and Bjaja Finance were among the major laggards, shedding as much as 1.63 per cent.
If there was one event that made the month of August stand out, it was a strengthening of the dollar index to levels last seen only 20 years ago, as the Federal Reserve dispelled all doubts about its intention to continue raising interest rates. Predictably, most currencies suffered against the US unit, with the bulk of the losers belonging to the emerging markets pack. Amid the volatility, the rupee, however, has displayed significant resilience and fared much better than most of its peer currencies.
'There are three pillars of concern: The expansion of Hindu majoritarianism, the concentration of executive power and decay of independent institutions, and curbs on free expression and dissent.'
The 30-share BSE benchmark tanked 535.57 points or 1.13 per cent to close at 46,874.36 on Thursday. It has now lost 2,917.76 points in five days.
HCL Tech was the top loser in the Sensex pack, skidding over 4 per cent, followed by Tech Mahindra Dr Reddy's, Wipro, TCS, Titan and Infosys. NSE Nifty plunged 167.80 points to 17,110.15.
After filing the nomination paper, the leaders posed for photographs seeking to put up a united face, a day after MPs from AIADMK, MDMK and SP participated in the voting for electing the successor to A P J Abdul Kalam.
Karat had on Thursday said the vice-president should be a person who has an exemplary record in some field and should have the widest acceptance.
Hockey India secretary general Narinder Batra has been elected to the post of vice president of the Asian Hockey Federation (AHF) at its recent Congress held at Kuala Lumpur.
