Smaller stocks have emerged as Dalal Street's favourites in 2023 that has turned out to be a "great year" for equities, rewarding investors with big gains, driven by optimism over the country's macroeconomic fundamentals and heavy retail investors participation. Experts said equity markets are experiencing a prolonged bull run and it is during this time that the midcap and smallcap segments tend to outshine their larger counterparts. Till December 22 this year, the BSE smallcap gauge has jumped 13,074.96 points or 45.20 per cent while the midcap index has surged 10,568.18 points or 41.74 per cent.
Foreign exchange reserves zoomed $3.062 billion to $140.60 billion for the week ended July 29, 2005
World champion Kunlavut Vitidsarn crashed out of the India Open Super 750 badminton tournament
'I thought of a suppressed country and a free world.' 'If we travel from one to another, what will that road look like?' 'What colours, music there will be? What kind of people would you see?'
The Sensex opened with a positive gap
Teen boxing sensation Vikas Krishan (69kg), who fetched India's lone medal at last month's World Championships, zoomed to a career-best second spot but Olympic hero Vijender Singh (75kg) did not find a place in the latest international rankings issued by AIBA.
The launch of 5G services in India turbocharged mobile download speeds here, pushing the country's ranking 72 notches higher to 47th spot in Speedtest Global Index, ahead of nations like Japan, the UK and Brazil, according to Ookla. India's speed performance has zoomed up 3.59 times since the introduction of 5G, it said dubbing the country's 5G advancement as "remarkable". In this global pecking order, India ranked not only ahead of its neighbours like Bangladesh, Sri Lanka, and Pakistan, but also some G20 countries, such as Mexico (90th), Turkey (68th), the UK (62nd), Japan (58th), Brazil (50th place), and South Africa (48th place).
The NSE Nifty ended at 4,446, up 59 points.
PV Sindhu and Lakshya Sen notched up contrasting wins to advance to the semifinals of the Canada Open
Silver prices zoomed to set an all-time high peak at Rs 12,750 per kilo on the bullion market on Saturday as stockists and jewellers bought silver, shifting from the yellow metal which touched a record high.
Nextbillion Technology (Groww), the venture capital-backed broking platform, has dislodged Zerodha Broking as India's largest brokerage in terms of number of active clients. Groww had 6.63 million active clients at the end of September, as against Zerodha's 6.48 million, ending the latter's long run at the top. AngelOne and RKSV Securities (Upstox) were ranked third and fourth with 4.86 million and 2.19 million active clients, according to data available on the National Stock Exchange (NSE).
The Sensex rallied smartly in today's special three-hour trading session.
The launch price of Galaxy S23 series in India is in the range of Rs 75,000 to Rs 1.55 lakh per piece. At present, Galaxy S Series smartphones are being manufactured at Samsung's Vietnam factory and the company imports them for sale in India.
The last time England toured India, back in early 2021, Joe Root's team went back home beaten and bruised 3-1.
Namrata Thakker takes a look at his FABULOUS life through Instagram feed as he celebrates his 34th birthday.
Weddings, holidays, award functions, throwbacks, festivals, family time or fooling around, 2023 saw a variety of posts beaming in joy. Of which these 25 Instagram moments of Bollywood stars are Sukanya Verma's favourites.
SKS stock has been highly volatile, amid several controversies around the company and the sector.
Satwik and Chirag jumped one spot in the latest BWF rankings to regain the fifth place.
Google Inc's first quarter profit has zoomed nearly six times higher than a year earlier.
Equity markets this week will be largely guided by trends in global stocks, foreign funds' trading activity and progress of monsoon, analysts said. Investors will also track the movement of rupee against the US dollar and crude oil prices. Benchmark indices Sensex and Nifty closed at fresh lifetime highs on Friday.
Biden said his administration is making sure Israel has what it needs to defend itself and respond to these attacks.
The Nifty closed at a new high of 2,028 -- a gain of 21 points.
Shares of Reliance Industries jumped over 4 per cent on Friday, helping the equity benchmark indices finish the day with smart gains. A rally in the equity also added Rs 64,723.85 crore to the company's market valuation. The stock rallied 4.29 per cent to finish at Rs 2,331.05 on the BSE.
From the Sensex pack, Power Grid, Infosys, Asian Paints, Mahindra & Mahindra, HCL Technologies, IndusInd Bank, Tech Mahindra, Bajaj Finance, Wipro, Tata Consultancy Services, HDFC Bank and Titan were the major gainers. Tata Steel and Bharti Airtel were the laggards.
The market valuation of InterGlobe Aviation, the parent of IndiGo, reached Rs 1 lakh crore mark on Wednesday and became the first airline to achieve this milestone. On Wednesday, the stock rallied 3.55 per cent to settle at Rs 2,619.85 apiece on the BSE. In intra-day trade, shares of the company jumped 4.12 per cent to hit its 52-week high of Rs 2,634.25.
The BSE 30-share Sensitive Index is down 24 points at 9146. NSE Nifty is down 2 points at 2777.
'India understands the situation of hostages by just remembering what happened to Baby Moshe as he was held hostage during the 26/11 terror attack'
'When I looked closely at people and stories from that region, I realised that the landscape contributes a lot to how people behave.'
The recent rally in small and midcap (SMID) stocks is not backed by fundamentals and is a case of irrational exuberance, analysts at Kotak Institutional Equities said in a recent report. The fundamentals of most of these companies have, in fact, worsened over the last few months, they noted. Yet, some analysts expect the bull run in these stocks to continue amid intermittent corrections.
The Sensex finally closed with a gain of 103 points (1.2%) at 8,638. \n\n
Traders said sentiment bolstered after gold jumped to a one-month high in overseas markets as expectations the US Federal Reserve will sustain stimulus hurt the dollar, and raised demand for precious metals as an alternate investment.
While the party's vote share jumped by more than four per cent, the Janata Dal-Secular saw a sharp fall of more than five per cent, according to Election Commission data on the assembly elections.
They represent a new tribe whose grace and skill-sets lie well beyond my comprehension, notes Sreehari Nair.
'Holding on to superstardom is far more difficult than the struggle to get there.'
Gill accepted the sanction so there was no need for a formal hearing
Prannoy reached the World Championships on previous two occassions.
'Find a name that changes the words honor killing and hopefully it includes the word murder.' 'If you use the words, you are trying to justify the murders.'
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