Markets extended their gains in noon trades led by banks, capital goods and index heavyweights Reliance Industries, HDFC and Infosys and ICICI Bank.
The market capitalisation of BSE-listed companies jumped to a record high of Rs 2,40,04,664.28 crore on Tuesday, driven by a rally in stocks that also saw the benchmark Sensex touching its lifetime peak of 53,887.98 points. Rallying for the second consecutive day on Tuesday, the 30-share BSE index closed at a fresh closing peak of 53,823.36 points, a jump of 872.73 points or 1.65 per cent. During the day, it zoomed 937.35 points to 53,887.98 points.
Snapping its six-day losing streak both benchmarks rallied over 1% after RBI kept key policy rates unchanged.
On her 72nd birthday on September 18, Sukanya Verma gives three cheers to the legend and lists 20 of her stellar performances.
Around Diwali, the premiums had gone up to as much as 3.5 per cent.
Despite the government's efforts to control prices, inflation continues to rise, as prices of pulses, spices, eggs, fish and meat among other things continued to rise.
'Anglo-Indians have played a significant role at the forefront, meeting every challenge to the security of the motherland.' A fascinating excerpt from Barry O'Brien's The Anglo-Indians: A Portrait of a Community.
Despite the government's efforts to control prices, inflation continues to rise and is now at its highest in over thirteen years, as prices of pulses, spices, eggs, fish and meat among other things continued to rise.
Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had an epic journey this year.
What's Jay actually like in real life? Namrata Thakker takes a look at his Instagram feed and finds out!
Boseman, who died in August at the age of 43 following a four year-long private battle with colon cancer, won the award in the Best Performance by an actor in a Motion Picture category.
The Reserve Bank of India (RBI) on Thursday extended the card-on-file (CoF) tokenisation deadline by six months to June 30, 2022, in view of various representations received from industry bodies. Card-on-file, or CoF, refers to card information stored by payment gateway and merchants to process future transactions. The earlier deadline was December 31, 2021. "In light of various representations received in this regard, we advise...the timeline for storing of CoF data is extended by six months, ie., till June 30, 2022 and post this, such data shall be purged," RBI said in a notification addressed to all payment system providers and payment system participants.
India's gross tax collections soared to a record high of Rs 27.07 lakh crore in the fiscal year ended March 31, led by impressive growth in corporate tax and customs, taking the tax-to-GDP ratio to an over two-decade high of 11.7 per cent, Revenue Secretary Tarun Bajaj said on Friday.
The World No 11 Srikanth will take on China's Lu Guang Zu in the next round.
Roughly 70 per cent of the country's car owners may cringe at the rise in fuel prices, but the rising cost of petrol and diesel does not appear to have put the brakes on the market for luxury cars, even though they deliver a measly mileage in single digits. Till April, sales of luxury cars, defined as those costing Rs 40 lakh and more, touched 4,000 units the same as the number of cars sold for the whole of 2007.
'Yesterday, I was at a seed meeting where we gave outright grants up to Rs 20 lakhs or loans up to Rs 50 lakhs for new start-ups under 2 years.'
India has seen rapid growth in wealth creation between mid-2012 to mid-2013 as the household wealth in the country has increased by 7.4 per cent to $3.6 trillion during the period, says a report.
Small-cap stocks raked in big gains in fiscal 2021-22 by giving up to 36.64 per cent returns, outshining the bigger benchmark gauge and experts believe that they may continue to outperform in FY23. Markets faced many headwinds in the latter part of the last fiscal with the emergence of geopolitical tension, inflation concerns and FII selling. Analysts said that the first half of the last fiscal was very good, while the market entered into consolidation in the second half, combined with high volatility.
The salaries of temporary and permanent staff is starting to converge, at least in some sectors. This has had a positive impact on the attitude of the people towards temping which had till now not been considered by many as respectable, primarily due to the variance in the salaries, according to the Annual Temp Salary Primer 2008 by TeamLease Services.
Investors' wealth jumped over Rs 59.75 lakh crore in the 2021-22 fiscal, helped by a largely buoyant trend in domestic stocks with benchmark index Sensex surging over 18 per cent during the period. Braving many headwinds in the latter part of the current fiscal, Sensex closed the 2021-22 financial year with a gain of 9,059.36 points or 18.29 per cent. Mirroring optimism in equities despite worries related to geopolitical tension, inflation concerns, FII selling, the market capitalisation of BSE-listed firms rallied by Rs 59,75,686.84 crore to Rs 2,64,06,501.38 crore in the entire 2021-22 fiscal.
'Alia's chemistry with Shefali was great, and you can't rehearse chemistry.'
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
Deepak G C, 49, an electrical engineer, shares his fascinating story.
Rakesh Jhunjhunwala's holding value in Nazara Technologies crossed the Rs 1,000-crore mark. In the past one month, the market price of Nazara, a diversified gaming and sports media platform, has zoomed 78 per cent. In comparison, the Sensex was up 3 per cent during the same period.
The company sold 62,515 vehicles in December 2007 which includes 4,114 units of exports
The biggest Bollywood wedding of the year is happening in Rajasthan this week!
Rising for the second session, the Indian rupee on Thursday climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
Ashish Narsale/Rediff.com digs into the details of the worlds first quad rear camera phone.
The Indian men and women's hockey teams have turned tech-savvy in order to maintain social distancing while continuing with their indoor workout regime during the coronavirus-forced lockdown. The core probable group housed in the Sports Authority of India Centre here suspended high-intensity hockey training in the third week of March following a nationwide lockdown.
On the Sensex chart, M&M, NTPC, Bajaj Auto, Tech Mahindra, TCS and Maruti emerged as top gainers. NSE Nifty climbed 157.55 points to settle at 14,919.10.
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.
India's top shuttlers P V Sindhu and Kidambi Srikanth registered straight-game victories to make impressive starts to their singles campaigns at the season-ending BWF World Tour Finals in Bali on Wednesday.
A yellow-sari daintily clad Indrani was beaming broadly and it seemed like for the first time, for her, Rahul had done something right. Vaihayasi Pande Daniel reports from the Sheena Bora Murder Trial.
In a season of many firsts, debutants Gujarat Titans will be hoping for the ultimate finish from iceman Tewatia -- one that ends with the glittering IPL 2022 trophy in their hands.
This is the first time in the last five years that an utility vehicle has featured in the top five list.
'I was told so often by people, "Please leave your brains at home".' 'And I would say, "I only have myself to offer. I can't dance like Madhuri Dixit or Shilpa Shetty. I can only come and act."'
'This man changed the mindset of a generation.'
Inflation increased to 4.13 per cent for the week ended June 23 compared to 4.03 per cent in the previous week mainly due to rising prices of food articles and manufactured products.
Jet Airways scrip on Thursday ended nearly 11 per cent higher after the company announced plans to sell 24 per cent equity to Etihad Airways for about Rs 2,058 crore.
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