The death toll in violence across Bangladesh, following dispute over electoral system, rose to six even as the country braced for a 60-hour opposition strike on Sunday, calling for a neutral caretaker government to oversee the next general elections.
ICICI Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Axis Bank, HDFC twins, SBI, L&T, ONGC and Infosys. On the other hand, Sun Pharma, Asian Paints, Nestle India, UltraTech Cement and HUL declined. NSE Nifty rose by 79.60 points or 0.67 per cent to 11,914.20.
Big-serving Czech Karolina Pliskova cruised into the semi-finals of the BNP Paribas Open with a 6-3, 6-2 victory over Russian teenager Darya Kasatkina on Thursday.
Investors who cannot manage an asset-allocated portfolio or rebalance regularly, or do not have an advisor, may opt for these funds, but only after a detailed study of their strategy, suggests Sanjay Kumar Singh.
It is advisable to avoid a fund until it develops a track record.
American qualifier Sachia Vickery completed an astonishing comeback to stun third seed Garbine Muguruza 2-6, 7-5, 6-1 in a second-round win at the BNP Paribas Open in California on Friday.
In the ATP doubles, Leander Paes slid to 25, a loss of four places.
Elena Vesnina survived a battle of attrition and nerves to beat fellow Russian Svetlana Kuznetsova 6-7(6), 7-5, 6-4 in the BNP Paribas Open final on Sunday and secure the biggest title of her career.
As if wanting to be an antidote to the coronavirus pandemic, the Indian stock market adorned carnival robes in 2021 with a tsunami of liquidity unleashed by global central banks coupled with supportive domestic policies and the world's largest vaccination drive sparking off a world-beating rally on Dalal Street, despite bouts of uneasiness over fizzy valuations. While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards. The dizzying upward journey has added a whopping Rs 72 lakh crore during 2021 to investors' wealth, measured as the cumulative value of all listed shares in the country, taking it to nearly Rs 260 lakh crore.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
SBI was the top gainer in the Sensex pack, rallying over 10 per cent, followed by Kotak Bank, Dr Reddy's, UltraTech Cement, ITC and HDFC Bank. On the other hand, Axis Bank, Bharti Airtel, ICICI Bank, Maruti and HCL Tech were among the laggards.
Many of them are housewives looking to increase income in households struggling with the economic devastation caused by COVID-19.
Former Bangladeshi prime minister Khaleda Zia was booked for sedition over her alleged "slanderous comments" concerning martyrs of the 1971 liberation war against Pakistan.
Drop in the number of schemes is less than 3%, despite merger of 38 schemes between Sept 2017 and May this year
In the final part of this five part series on top 25 mutual funds analysed by Value Research we produce the last best five mutual funds that investors can put their money in for the long term.
Sundaram BNP Paribas Select Midcap Fund is one fund that, over various market cycles, stands tall over its peers in the mid cap funds segment.
Yes Bank was the top gainer in the Sensex pack, soaring 24.03 per cent, after the lender said it had received a binding offer for $ 1.2 billion funding from an overseas investor. SBI, Infosys, Tata Motors, Bharti Airtel, HCL Tech and HDFC too rallied up to 7.69 per cent.
Muguruza used her experience to get out of trouble, eventually set up a meeting with Ukrainian 10th seed Elina Svitolina in just over two hours under a relentless sun at Indian Wells.
With a 'yes' vote, there is a more foreseeable outcome, while a 'no' could result in greater uncertainty, for which retail investors may not have the appetite.
Sundaram BNP Paribas Mutual Fund's new fund Sundaram BNP Paribas Equity Multiplier Fund is a closed ended equity scheme with a maturity of 3 years
India and Indians can ignore Pakistan, but that cannot be said of other nations in the neighbourhood, where New Delhi's 'Neighbourhood First' policy constantly reverberates. Four of the eight SAARC member-nations are Muslim -- Afghanistan and Pakistan, Bangladesh and the Maldives. The rulers decide the nation's India or anti-India policy in the first two, and street-opinion contributes to the same in the latter two, points out N Sathiya Moorthy.
While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local incorporation model, says Raghu Mohan.
Russia's Maria Sharapova was knocked out of the BNP Paribas Open at Indian Wells on Monday after a shock loss to Italian qualifier Camila Giorgi.
The Mukesh Ambani-owned company had complained to Trai about incumbents offering segmented offers to different customers
Given the strong growth in Asia and easy monetary stance taken by central banks other than the US Federal Reserve (US Fed), overseas investors will soon start re-investing in risky assets, says Abhiram Eleswarapu, head of equity research, BNP Paribas Securities India.
'Having that chance to represent people that might not think that they could be represented, that's a really important goal of mine'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Becoming the WTA number one in the world is a dream come true'
Dominic Thiem claimed his first Masters 1000 title after coming from a set down to defeat Roger Federer
Serena Williams was unseeded at the French Open last month due to an extended absence for the birth of her first child but she is not likely to face the same problem at the US Open.
All Sensex components ended in the red. SBI was the top loser, followed by ONGC, Axis Bank, ITC, Titan, Bajaj Auto, TCS and IndusInd Bank.
Thursday's match was just Venus Williams's seventh of the year and first since January's Australian Open, where she fell to Simona Halep in the round of 32.
Photos from the tennis matches played at Indian Wells on Tuesday
The top-seeded Serb, who had not dropped a set in four matches since the round of 16 at the Australian Open in January, looked out-of-sorts throughout the 98-minute contest.
The Nifty Options would add to SGX's suite of Asian equity derivatives, which include SGX S&P CNX Nifty futures, the dominant Indian product for international participants.
A misfiring Rafael Nadal had trouble hitting the mark but the third seeded Spaniard still had enough to beat American Donald Young 6-4, 6-2 on Tuesday and advance to the fourth round of the BNP Paribas Open.
Italy's Flavia Pennetta captured the biggest title of her career on Sunday when she beat Poland's ailing Agnieszka Radwanska in the final of the BNP Paribas Open at Indian Wells.
Although they registered contrasting wins, Serbian tennis stars Novak Djokovic and Jelena Jankovic marked a good day for Serbs at the BNP Paribas Open in Indian Wells on Tuesday.
A Bangladeshi court on Thursday handed down the death penalty to 14 people, including the chief of Jamaat-e-Islami and a top leader of India's separatist outfit United Liberation Front of Asom, in the country's biggest ever weapons haul case, nearly 10 years after the seizure took place.
