Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said.
Delhi Chief Minister Arvind Kejriwal's wife, Sunita, took potshots at his former disciple and now chief detractor, Kapil Mishra, on Twitter on Monday. "Law of nature never errs. Seeds of deceit, lies sown, so shall he @KapilMishra reap. Inevitable," the former income tax commissioner tweeted.
Global trends, macroeconomic data announcements and the start of the earnings season would be the major drivers for the equity markets in a holiday-shortened week, analysts said. Equity markets will remain closed on Thursday for Eid-Ul-Fitr. Trading activity of foreign investors, rupee-dollar trends and crude oil prices would also guide trends in markets.
The Bharatiya Janata Party on Sunday declared 13 candidates from Uttar Pradesh for the Lok Sabha polls including actor Arun Govil, who played Lord Ram in popular TV serial Ramayan, from Meerut, while replacing sitting MP Varun Gandhi from Pilibhit with state minister Jitin Prasada.
The Indian National Developmental Inclusive Alliance (INDIA) gave a huge blow to the ruling Bharatiya Janata Party-led National Democratic Alliance by winning 43 seats out of total 80 Lok Sabha seats of Uttar Pradesh, as per the Election Commission.
A probe has been ordered and searches are being carried out at various places, ACB sources said. The anti-graft body is likely to write to the Delhi government to share details about the procurement of medicines.
The BJP attacked Kejriwal after he refused to comment on the Maliwal "assault" matter during a press conference in Lucknow. He was flanked by Samajwadi Party (SP) chief Akhilesh Yadav and AAP Rajya Sabha member Sanjay Singh.
Party MLAs, including Madan Lal, Jarnail Singh, were seen lunging at Mishra and dragging him as he raised a poster.
The Election Commission had earlier asked Twitter to remove the tweet by Mishra, a candidate from the Model Town seat.
"The BJP and the Congress are treating Mishra as Harishchandra... He is same the person who had called Modi an 'Inter-Services Intelligence agent'," Sanjay Singh of the AAP said.
While the Aam Aadmi Party is contesting on four seats, the Congress has fielded candidates for the remaining three seats.
Delhi Jal Board vice-chairman Kapil Mishra, 34, was on Wednesday named as the new law minister
The party refuted Mishra's charges and said he was 'parroting' the Bharatiya Janata Party.
The Reserve Bank of India's interest rate decision, macroeconomic data and global trends will drive investors' sentiment this week, with markets hoping to continue the positive momentum after ending FY24 on a buoyant note, analysts said. In addition, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude would also influence trading in equity markets. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in the 2023-24.
Mishra accused Kejriwal of accepting Rs 2 crore from health minister Satyendar Jain.
Stock markets will be driven by quarterly earnings by index majors, global trends and the RBI's interest rate decision this week after digesting news on budget proposals and US Federal policy outcome, say analysts. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. "On the domestic front, the MPC (Monetary Policy Committee) meeting is scheduled from February 6-8.
The sacked water minister said that when he asked the Delhi CM about the cash, he was told 'said few things in politics cannot be explained'.
The high court also said that Kejriwal's absence cannot allow students to go through the first term without free text books, writing material and uniform in schools under the Municipal Corporation of Delhi.
Mishra alleged that the Aam Aadmi Party received money from a company of Delhi based lawyer Rohit Tandon, whose assets worth crores have been attached by the Enforcement Directorate over alleged money laundering after demonetisation.
A group of lawyers, including senior advocate Harish Salve and Bar Council of India chairperson Manan Kumar Mishra, has written to the Chief Justice of India, alleging that a "vested interest group" is trying to put pressure on the judiciary and defame courts "on the basis of frivolous logic and stale political agendas".
Kapil Mishra also dared the Delhi CM to an electoral fight.
The two ministers were released from Parliament Street police station an hour later.
Equity markets would take cues from domestic inflation data announcement, global trends and trading activity of foreign investors in a holiday-shortened week ahead, analysts said. Markets would remain closed on Tuesday for 'Diwali Balipratipada'. "As we enter a truncated week with Muhurat trading on Sunday, global cues will play a pivotal role in shaping the market direction.
The sacked minister's mother, Annapurna Mishra, a former mayor of Delhi, expressed disappointment at Kejriwal's silence on the questions being posed by her son.
Mishra, on the third day of his "indefinite fast", penned another letter to Chief Minister Arvind Kejriwal, alleging that the attacker, Ankit Bhardwaj, was attached with the mohalla clinics project under Health Minister Satyendra Jain.
Stock markets will be largely driven by global trends in the absence of any major domestic triggers this week, say analysts. The trading activity of foreign investors, global crude oil prices and rupee-dollar movement will also influence market movement, they said. "Anticipating a period of consolidation in the absence of clear global cues, the market's trajectory will likely hinge on the movement of the US bond yields, the dollar index, and crude oil prices, as well as institutional flows.
The sacked leader also alleged that a businessman being probed for a Rs 400-crore scam funded the foreign tours of two top Aam Aadmi Party leaders.
With this, the ruling BJP has so far declared candidates for 136 seats. Earlier, the BJP had announced 79 candidates, including two lists of 39 each, and another list of one nominee.
The US Federal Reserve's interest rate decision, global cues, macroeconomic data announcements and the ongoing quarterly earnings are the major triggers that will dictate trends in stock markets this week, analysts said. Besides, the trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked. "All eyes are on the outcome of the US Federal Reserve meeting scheduled for November 1, particularly due to the multi-year high levels of the US bond yields.
The attacker, identified as Ved Prakash, was detained by police, which quizzed him.
Quarterly earnings from IT majors Tata Consultancy Services (TCS), Infosys, macroeconomic data announcements, global trends and trading activity of foreign investors would guide the movement in the equity market this week, analysts said. Movement of global oil benchmark Brent crude and the rupee will also influence trading in the markets. "All eyes will be on the beginning of corporate performance for the second quarter of the current fiscal year. TCS is slated to unveil its Q2 results on October 11, with HCL Technologies and Infosys following suit on October 12.
Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movement in crude oil prices in this holiday-shortened week, analysts said. Investors would also keep an eye on the Middle East amid the ongoing Hamas-Israel conflict and the trading activity of foreign investors. Markets will remain closed on Tuesday for Dussehra.
Bhakshak should create some awareness and maybe raise some compassion towards victims of abuse, observes Deepa Gahlot.
A court in Barabanki on directed the Mumbai police commissioner on Friday, to serve summons on Bollywood star Sanjay Dutt after he failed to turn up before it in a case relating to alleged derogatory remarks against Uttar Pradesh Chief Minister Mayawati.
The protesters who had gathered under the banner of the Joint Forum for Restoration of Old Pension Scheme and National Joint Council of Action said they were worried about their post-retirement future.
Delhi BJP vice president Kapil Mishra hailed people for defying the cracker ban.
The bus was on its way from Gujarat to Mathura in Uttar Pradesh when the accident occurred around 4.30 am, they said.
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.
"I am sitting on a Satyagraha till I get a clarification on details of international travel expenses of some senior AAP leaders. It is not a dharna but a satyagraha. I would like to send out a message to Chief Minister Arvind Kejriwal to put out the details of the foreign tours of his five AAP leaders -- Satyendra Jain, Ashish Khetan, Raghav Chaddha, Sanjay Singh and Durgesh Pathak in public domain," Mishra told the media.
Domestic stock markets would be driven by inflation numbers, global trends, and the last batch of Q4 earnings this week, analysts said. Markets will also react to industrial production data and consumer inflation numbers that were released after market hours on Friday. "Participants will react to macroeconomic data viz. IIP and CPI first, which were released post-market hours on Friday.