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.
A day after his release on interim bail, Delhi Chief Minister Arvind Kejriwal launched a blistering attack on Prime Minister Narendra Modi, alleging he was on a 'One nation, One leader' mission to impose 'dictatorship' by putting all leaders from opposition behind bars and 'politically finishing off' those in the Bharatiya Janata Party.
The Aam Aadmi Party dismissed the allegation as "baseless" and claimed it was "another conspiracy hatched by the BJP" to tarnish AAP's image ahead of voting for Lok Sabha seats in Delhi and Punjab.
Global trends, trading activity of foreign investors, outcome of state elections and RBI's interest rate decision are the major factors that will drive the movement in the domestic equity markets this week, analysts said. "Global markets are currently in a fabulous mood. The US 10-year bond yield and the dollar index are also cooling off, which gives strength to the market. These factors will be closely monitored, as they have the potential to influence market sentiment," said Pravesh Gour, senior technical analyst, Swastika Investmart Ltd. On the political front, the results of assembly elections in five states are eagerly anticipated, Gour said.
A Delhi court has directed to preserve CCTV camera footage.
With his three-week temporary bail for poll campaign ending, Aam Aadmi Party convener and Delhi Chief Minister Arvind Kejriwal will be back in Tihar Jail on Sunday as a court here put off till June 5 its order on his plea seeking interim bail on medical grounds.
He also asserted that no one can take the place of Kejriwal in the AAP.
Delhi Chief Minister Arvind Kejriwal was brought to Tihar Jail in New Delhi on Monday after a city court sent him to judicial custody till April 15, officials said.
Macroeconomic data announcements, global factors and trading activity of foreign investors would be the key triggers for the domestic stock markets this week, analysts said. Last week, the benchmark indices joined the broader market's party despite a host of negative global cues. In the broader market, the BSE midcap and smallcap gauges hit their all-time highs on Friday.
Atishi said the video shows Maliwal "comfortably sitting in the drawing room" and "threatening the security staff", and that "her clothes were not torn".
Delhi Water Minister Atishi on Friday began her indefinite hunger strike in south Delhi's Bhogal to press on her demand for more water from Haryana.
She said crucial elections are going on now, and stressed that she is not important but the issues of the country are.
Leaders of the Indian National Developmental Inclusive Alliance (INDIA) have decided to raise the NEET issue in both houses of Parliament on Friday and members will give notices in this regard, sources have said.
IC 814: The Kandahar Hijack begins by asking why the hijack lasted seven days and ends in wondering if the good guys fought the bad ones hard enough, observes Sukanya Verma.
The police identified the driver and the vehicle through the CCTV footage of the area.
While Lok Sabha members across party lines demanded an inquiry, hundreds of students continued their protests near Rau's IAS Study Circle in the west Delhi locality where the horror unfolded Saturday night, killing the three students trapped in the basement illegally used as a library as floodwaters rose outside.
RBI's interest rate decision, macroeconomic data, global trends and trading activity of foreign investors are the crucial factors to drive equity markets in a holiday-shortened week ahead, analysts said. Markets would remain closed on Monday for Gandhi Jayanti. "While global cues will continue to dictate trends in local markets, focus will shift to RBI's monetary policy announcement on Friday. "Although the market is expecting a status quo on interest rates, global concerns like rising US dollar index and bond yields coupled with surging crude oil prices continue to weigh on investors' minds.
Names of Rajya Sabha MPs Harbhajan Singh and Swati Maliwal are missing from the list.
Senior BJP leaders, including Union ministers Amit Shah and Rajnath Singh, asserted on Saturday that Prime Minister Narendra Modi will complete his full term if elected to power, refuting the Aam Aadmi Party's claim that Modi wants Shah to succeed him after turning 75 next year.
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.
'If Kejriwal is adamant on running his government from jail, then his government could be dismissed and Article 356 imposed on Delhi, in other words President's rule in Delhi.'
Sources in his Aam Aadmi Party said his legal team would request the high court to hear the matter urgently, preferably on Sunday.
In a digital briefing, she said that Kejriwal, in his message, said even though he is in jail, the two crore people of Delhi, who are his family, should not face any problems.
National Democratic Alliance nominee Om Birla was elected as Lok Sabha speaker on Wednesday after a motion moved by Prime Minister Narendra Modi was adopted through voice vote, capping intense debate on the issue with the opposition in a rare move proposing its own candidate.
The IAS officer was later taken into custody under the provisions of the Prevention of Money Laundering Act and is expected to be produced before a magistrate seeking his remand, the sources said.
Delhi Lt Governor V K Saxena has recommended an NIA probe against Chief Minister Arvind Kejriwal for allegedly receiving political funding from the banned terrorist organisation 'Sikhs for Justice', Raj Niwas sources said on Monday.
With the first quarter earnings season coming to an end, the domestic equity markets would be driven by global trends and trading activity of foreign investors this week, analysts said. The movement of global oil benchmark Brent crude and the rupee against the dollar would also drive trends in the market. "Macroeconomic indicators, trends in global stock markets and FII activities will be pivotal in shaping market trends in the coming days," Pravesh Gour, senior technical analyst at Swastika Investmart Ltd, said.
The US Federal Reserve's interest rate decision, global market trends and trading activity of foreign investors are the major factors that would dictate terms in the equity markets in a holiday-shortened week ahead, analysts said. Equity markets will remain closed on Tuesday on account of Ganesh Chaturthi. From the global front, interest rate decisions from the Bank of England and Bank of Japan would also influence market trends.
Domestic equity markets, which are at record high levels, will be driven by quarterly earnings, global trends and foreign fund movement, analysts said. The movement of rupee and global oil benchmark Brent crude will also be tracked by investors. "The direction of global stock markets, fluctuations in the rupee-to-dollar exchange rate, and movement in crude oil prices will all play a crucial role in influencing the overall market trend.
Chouhan and Raje were overlooked by the BJP for the chief minister posts in Madhya Pradesh and Rajasthan respectively despite ensuring the party's return to power in the assembly polls held recently.
According to the Aam Aadmi Party, it has received permission from the authorities concerned to hold the rally of more than 20,000 people.
While the Aam Aadmi Party is contesting on four seats, the Congress has fielded candidates for the remaining three seats.
A group of protesters on Saturday raised slogans and waved placards at the venue of Delhi Water Minister Atishi's indefinite hunger strike against the water crisis in the city, with the Aam Aadmi Party alleging the Bharatiya Janata Party caused the disruption.
In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.
Embattled Delhi Chief Minister Arvind Kejriwal walked out of the Tihar Jail on Friday evening, hours after the Supreme Court granted him interim bail in a money laundering case to enable him to campaign in the Lok Sabha elections, in a huge relief to his party struggling to gain momentum in the absence of its foremost leader.
Today in 2024, the BJP jails its opponents during an election and still believes, or at least wants us to believe, that it is only following the rules of democracy, asserts Aakar Patel.
Aam Aadmi Party leader Somnath Bharti on Saturday vowed to shave his head if Narendra Modi retained the prime minister's post while his party's national convener and Delhi Chief Minister Arvind Kejriwal asserted that the Indian National Developmental Inclusive Alliance (INDIA) would form a 'strong and stable' government at the Centre.
The arrest of Delhi Chief Minister Arvind Kejriwal Thursday night could not have come at a worse time for the Aam Aadmi Party, which is already grappling with the absence of its top leadership from action.
As Election 2024 hurtles towards result day in a medley of mangalsutra, mujra, mutton, machli and other barbs, these may sound like character names from Hindi comics of yore. Instead, these are the mocking, sometimes vicious monikers given by political rivals to each other.
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