Quarterly earnings, global trends and trading activity of foreign investors will drive stock markets in this holiday-shortened week, analysts said. It will be a trading holiday on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya. Equity markets would also remain closed on Friday for Republic Day.
The Akali Dal is convinced that Waris Punjab De and Amritpal Singh are part of a bigger plan to create a law and order problem in the state, leading to the imposition of central rule and even the exclusion of Punjab from the Lok Sabha polls as was done in 1991.
'Unlike in the sporting arena, where sports federations moved from partisan to impartial referees, in Indian democracy's biggest festival, it appears we are moving backward from unbiased and objective to one-sided and partisan,' observes Nilanjan Mukhopadhyay.
Prime Minister Narendra Modi urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around $3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years.
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.
Lok Sabha Speaker Om Birla is expected to name the committee's chairperson soon.
Delhi Water Minister Atishi ended her indefinite fast over the water scarcity in the national capital after she was hospitalised early Tuesday, Aam Aadmi Party Rajya Sabha MP Sanjay Singh said.
Stock markets will be largely driven by global trends and macroeconomic data announcements in a holiday-shortened week which may see volatility amid monthly derivatives expiry, say analysts. Equity markets will remain closed on Monday for Gurunanak Jayanti. Trading activity of foreign investors and the movement of the rupee against the dollar will also be tracked by investors.
'Leave aside the negative fallouts of phraseology like 'urban Naxals' and 'terrorists', both the BJP and the Congress have to re-discover themselves in the context of the 2024 election results, including those of the upcoming ones for Maharashtra and Jharkhand,' observes N Sathiya Moorthy.
Asserting that the prime minister's job will remain with BJP leader Narendra Modi even after the general elections slated for next year, Singh claimed the country is scaling new heights under PM Modi's leadership.
'I want to ask the Congress only one question: What is more important than election management in politics?'
Global trends, trading activity of foreign investors and movement of oil benchmark Brent crude would dictate terms in the domestic markets this week, analysts said. Equity markets, which fell nearly 3 per cent last week, may face volatile trends amid the monthly derivatives expiry on Thursday. "This week marks the September month Futures and Options (F&O) expiry, which is expected to bring about volatility in the market," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
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 2024 Lok Sabha contest between the BJP and Congress is crucial in the context of the assembly polls in Haryana, which are due by October.
Inflation data, global trends and foreign fund trading activity would guide equity market movement in a holiday-shortened week, analysts said. Stock markets would remain closed on Tuesday for Independence Day. "Macroeconomic indicators, rupee and FII activities will be pivotal in shaping market trends in the coming days.
'We don't have to go abroad for anything.' 'Anyone who thinks we have a lot to learn from the US needs to have his head examined.' 'We are in a new era.'
As part of the campaign, AAP RS MP Sandeep Pathak said, AAP leaders and workers will visit the four Lok Sabha constituencies from where it has fielded candidates.
Delhi Chief Minister Arvind Kejriwal was administered a 'low dose' of insulin after his blood sugar level spiked, officials of Tihar jail said on Tuesday, with the Aam Aadmi Party commenting that it was because of the blessings of Lord Hanuman.
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.
The politician, Rao Nadeem, who is also a property dealer, did not attribute any reason for selling off his property.
Alleging the Tihar Jail administration cancelled Delhi Minister Atishi's meeting with Chief Minister Arvind Kejriwal at the last moment, Aam Aadmi Party Rajya Sabha MP Sanjay Singh on Wednesday said 'even the British rule did not see this kind of behaviour'.
'There is some deep rot that has set in the Congress party. This requires an organisational surgery.'
Kejriwal, who was arrested on March 21 by the Enforcement Directorate (ED) in the same case and later by the CBI which was probing corruption charges, stepped out after spending 155 days in Tihar jail. The AAP supremo, who was earlier granted three-week interim bail in the ED case, was given a resounding welcome by his party leaders and supporters who were drenched in heavy rain. Addressing party workers from the top of an SUV, Kejriwal, sporting a half-sleeve blue shirt, raised 'Inquilab Zindabad' and 'Vande Mataram' slogans.
What may work for the BJP is the growing resentment against V K Pandian, a bureaucrat-turned-politician who Jay Panda alleges has hijacked the Odisha government.
Movement in the equity market this week will largely be dictated by quarterly earnings of blue-chip firms HDFC Bank and Hindustan Unilever, along with the announcement of WPI inflation data and global trends, analysts said. Trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also guide the movement.
'I have no doubt that when she was prevented from meeting Kejriwal, she felt humiliated.'
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.
The Madhya Pradesh high court on Thursday said it took the Union government nearly five decades to realise that an "internationally renowned" organisation like Rashtriya Swayamsevak Sangh was wrongly placed in the list of organisations banned for government employees.
The Aam Aadmi Party on Wednesday claimed that the resignation of Delhi minister Raaj Kumar Anand vindicated its stand that Chief Minister Arvind Kejriwal's arrest was aimed at finishing the party.
After the Congress' shock defeat in Haryana, the opposition Indian National Developmental Inclusive Alliance (INDIA) parties flexed their muscles on Wednesday, accusing the grand old party of ignoring them.
Special judge for Central Bureau of Investigation cases Kaveri Baweja took note of the charge sheet on Monday observing that there was sufficient evidence to proceed against her in the case.
Several Aam Aadmi Party leaders, including Manish Sisodia and Sanjay Singh, hit out at the BJP government at the Centre, saying agencies are targeting those who raised their voice against the ruling party.
Granting interim bail to Delhi Chief Minister Arvind Kejriwal would not amount to grant of privilege or special status to politicians, the Supreme Court on Friday said, while observing that the Aam Aadmi Party leader has no criminal antecedents and is not a threat to the society.
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.
Senior Aam Aadmi Party leader Manish Sisodia walked out of Tihar Jail after 17 months behind bars on Friday and said he got bail due to the power of the Constitution and democracy, and this same power will ensure the release of Delhi Chief Minister Arvind Kejriwal.
The Congress appeared to have bounced back in the state's political landscape after suffering a humiliating defeat at the hands of the AAP in the 2022 Punjab assembly polls.
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.
Gandhi will now be seen in two upcoming OTT series -- Hansal Mehta's Gandhi, starring Pratik Gandhi in the title role, and Freedom at Midnight by Nikkhil Advani.
President Droupadi Murmu, Vice President Jagdeep Dhankhar, Chief Justice of India D Y Chandrachud, Congress leaders Sonia Gandhi and Rahul Gandhi and several other famous faces were seen at polling booths, exercising their franchise in the sixth phase of the Lok Sabha polls on Saturday.
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