Domestic macroeconomic data announcements, global trends and trading activity of foreign investors would guide market sentiments this week, analysts said. After a record rally, markets may face volatile trends this week amid elevated valuations and investors would also keep a track of global oil benchmark Brent crude and rupee-dollar movement for further cues. "Potential volatility in the stock market is anticipated this week. Elevated valuations remain a concern, with investors now focusing on monsoon progress and its impact on the rural economy.
The Archaeological Survey of India (ASI) has sought control and management of the Shahi Jama Masjid in Sambhal, Uttar Pradesh, citing its status as a protected heritage structure. The request comes after violence erupted during a court-ordered survey of the mosque, which was linked to a petition claiming that a Harihar temple once stood at the site. The ASI has argued that unauthorized changes to the mosque's structure by the management committee are unlawful and should be restricted. A three-member judicial commission has been formed to probe the violence and is expected to visit Sambhal on Sunday.
Amid tight security, members of a judicial commission on Sunday visited the Shahi Jama Masjid in Sambhal and other areas which witnessed violence over a court-ordered survey of the Mughal-era mosque.
As Chief Minister Arvind Kejriwal pitches for early assembly polls in Delhi, experts on Sunday said the city government may have to write to the Election Commission giving reasons behind the demand. The term of the Delhi assembly ends on February 23 next year and the polls are expected to be held sometime early February.
A search is on for suitable accommodation for Arvind Kejriwal and his family, Singh had said.
Geopolitical events, macroeconomic data and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said. Stock markets will remain closed on Wednesday for Ram Navami. "This week promises to be crucial for the market as fresh worries about a potential conflict between Iran and Israel emerge.
Veteran party leader Anil Vij will seek re-election from his Ambala Cantt stronghold.
The Congress and the AAP fought the Lok Sabha polls together in Delhi while they had contested separately in Punjab.
SAI shared a glimpse of the rowers' practice session ahead of the much-awaited Olympics
Trading in the equity market will largely depend on two major events this week - general elections result and the RBI interest rate decision - analysts said, adding that the benchmark indices may rally on Monday on exit polls' prediction of a massive win for the BJP-led NDA and strong GDP data. Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the NDA expected to win a big majority in the polls. Counting of votes will take place on June 4.
A meeting of Aam Aadmi Party MLAs will be held on Tuesday morning, and Delhi Chief Minister Arvind Kejriwal is likely to tender his resignation after it, the party said.
Addressing a press conference a day after Maliwal alleged that a member of Kejriwal's personal staff "assaulted" her, Singh said AAP supremo Kejriwal will take strict action in the matter.
What some of our politicians were up to on Wednesday, September 25, 2024.
Win one gold, 3 silvers on final day of competition.
The two AAP leaders later filed a revision application in the sessions court challenging the metropolitan court's summons in the defamation case.
Trends in the global markets, trading activity of foreign investors and announcement of domestic macroeconomic data are the major factors that would drive investors' sentiment in a holiday-shortened week ahead, analysts said. Benchmark indices had a record-breaking rally in the past week driven by impressive GDP data. Equity markets would remain closed on Friday for Mahashivratri.
The BJP has emerged the second largest party by winning 29 constituencies in the maiden assembly polls post abrogation of Article 370 in Jammu and Kashmir, improving its all-time high tally of 25 seats recorded in 2014 elections.
With the fourth and fifth lists, the party has declared candidates on 88 of the 90 seats.
The report, according to the sources, states that the HC did not get the note of the Supreme Court collegium on the issue even after six months.
The BJP and Congress have called out the 'Delhi model' as a hoax, built on sustained propaganda when the ground reality is different.
The Delhi chief minister and Aam Aadmi Party national convenor surrendered later at Tihar Jail at the end of the interim bail granted to him by the Supreme Court to campaign for the Lok Sabha elections on May 10.
Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with global trends, analysts said. Besides, global oil benchmark Brent crude, rupee-dollar trend and trading activity of foreign investors would also dictate the movement, they said. "On the domestic front, all eyes will be on the beginning of corporate performance for the third quarter of the current fiscal year.
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 Aam Aadmi Party led by its chief minister designate Atishi staked claim to form a new government in Delhi on Tuesday shortly after Arvind Kejriwal resigned from the post, an effort seen as a bold gambit to seize the initiative ahead of assembly elections due in five months.
Meanwhile, sources said that the Delhi Police may not visit Kejriwal's residence on Thursday to question his parents.
The Indian men's and women's Coxless Four team advanced to the final along with the men's coxed eights team, to keep themselves in the hunt for the medal.
Aam Aadmi Party leader Saurabh Bharadwaj has said that Delhi Chief Minister Arvind Kejriwal's wife Sunita is the best person to keep the party together in the prevailing circumstances and asserted that her presence has had a 'positive effect' on the cadre.
Besides Hooda, Bhan and Phogat, the Congress has fielded Mewa Singh from Ladwa to take on Chief Minister Nayab Singh Saini.
Atishi said that all AAP leaders and volunteers will change their profile picture on X, Facebook, WhatsApp and other social media accounts with the new one showing Delhi Chief Minister Arvind Kejriwal behind the bars captioned "Modi Ka Sabse Bada Dar Kejriwal".
The attached properties include 14 assets of Tuteja worth Rs 15.82 crore, 115 properties of Anwar Dhebar, the elder brother of Raipur Mayor and Congress leader Aijaz Dhebar, worth Rs 116.16 crore, properties of Vikash Agarwal alias Subbu worth Rs 1.54 crore and 33 properties of Arvind Singh worth Rs 12.99 crore, it said in a statement.
Singh alleged that the BJP was attempting to "defame" Delhi CM, claiming that all attempts to bring a bad name to Kejriwal and his party will fail.
Aam Aadmi Party Rajya Sabha MP Sanjay Singh Friday reiterated his party's allegation that a deep conspiracy is being hatched against Delhi Chief Minister Arvind Kejriwal and anything can happen with him in prison.
A low-intensity blast occurred near a multiplex in Delhi's Rohini on Thursday, injuring one person and sparking panic. The explosion took place near a park in the same area where a previous blast occurred in October. Delhi Chief Minister Atishi accused the BJP-led central government of failing to maintain law and order in the national capital.
Manoj Tiwari is the only sitting MP whom the BJP has retained.
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.
Delhi Chief Minister Arvind Kejriwal announced on Sunday that he would resign after two days and sought early polls in the national capital while vowing not to sit in the chief minister's chair till people give him a 'certificate of honesty'.
The leaders of the two parties discussed the possibilities of seat sharing but did not divulge any details.
The year was rich in content as far as Web series were concerned.
In the video, Arvind Kejriwal, the Aam Aadmi Party (AAP) national convenor, is seen addressing a trial court.
The talks between two sides have been stuck over the number of seats to be contested by AAP, with the party demanding 10 seats and the Congress offering 5, party sources said.
