The November 5 US presidential elections, Federal Reserve interest rate decision, trading activity of foreign investors, and the upcoming quarterly earnings from domestic firms are the major triggers that would influence sentiments in the equity market this week, analysts said. In an eventful week ahead, a host of macroeconomic data announcements and global trends would also drive the markets, experts said. "The upcoming week is poised to be eventful on the global front.
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
The national selectors on Sunday retained the Indian team, which hammered Bangladesh by 280 runs in the opening Test here, for the second and final match in Kanpur.
Nathan Lyon has already started his homework on rising batting sensation Yashasvi Jaiswal
Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on fraud and money laundering charges, told a UK court on Thursday that he could be in England for years as some ongoing proceedings prevent his extradition. The 52-year-old former billionaire appeared for a hearing at Barkingside Magistrates' Court in east London via video link from Thameside prison in relation legal costs, or fines, amounting to GBP 150,247.00, accrued over his failed extradition appeal proceedings in the London high court. Dressed in a pink prison-issue outfit and sporting a moustache, a plump and bald Nirav addressed the three-member magistrates' bench to reveal that he had complied with the previous court direction to pay in GBP 10,000 per month towards the fines.
The Reserve Bank of India has brought 100 metric tonnes of gold reserve from the UK to India as there is enough domestic storage capacity, and nothing more should be read into it, Governor Shaktikanta Das said on Friday. The RBI moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24.
The US Fed interest rate decision, ongoing quarterly earnings, macroeconomic data and FII trading activity are the major triggers that will drive stock markets this week, analysts said. Investors would also track global market trends and the movement in global oil prices for further cues. "This week, the focus will shift to global cues, particularly the US markets," Santosh Meena, Head of Research, Swastika Investmart Ltd said.
England players were in demand as batter Harry Brook earned a Rs 13.25 crore winning from Sunrisers Hyderabad.
Wimbledon attracts celebrities the way the US Open, the French Open and the Australian Open can't.
The arrival of the New Year will see an exciting white-ball showdown with England visiting India for five T20Is and three ODIs.
India has moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24, sources said on Friday. This is one of the biggest movements of gold undertaken by the country since 1991, when pledging a substantial part of the gold holding to tide over a foreign exchange crisis resulted in its movement out of vaults. The country's overall gold holding increased 27.46 metric tonnes in FY24 and it stands at 822 metric tonnes, as per official data.
Jasprit Bumrah, Rishabh Pant, Shubman Gill, K L Rahul, Suryakumar Yadav, Hardik Pandya: Who will succeed Rohit Sharma after he retires?
"This (Duleep Trophy) is a big tournament as every match is important for us. We are playing against some players whom we generally play with in the Indian team. So, we will get to see a good competition," he noted.
Gambhir has taken over from Rahul Dravid at a time when the team is gradually embracing a transition phase, and in that context, he wanted the team to follow a result-oriented approach.
Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.
London Spirit is the Lord's based team participating in England's domestic cricket tournament, The Hundred.
The ongoing fourth quarter earnings season, global factors and macroeconomic data would guide the trends in the equity markets this week, analysts said. Markets would also take cues from trading activity of foreign investors, rupee-dollar trend and movement of global oil benchmark Brent crude. "Domestically, the next batch of Q4 earnings reports will drive stock-specific movements, Hero MotoCorp, Larsen & Toubro, BPCL, State Bank of India, Eicher Motors and Tata Motors are some of the big names in the list and the next phase of voting," said Pravesh Gour, senior technical analyst, Swastika Investmart Ltd.
The shock loss to Ireland did hurt but the players moved on quickly from that 'little blip' to focus on the road ahead, said star England all-rounder Ben Stokes.
England's Jordan Pickford is already guaranteed to pick up the Euro 2020 "Golden Glove" award, as he has five clean sheets to his name.
Barcelona have won the Champions League five times, most recently in 2015, and face a tough task to get back to the top table of European football after being forced to sell club legend Lionel Messi due to financial problems.
With the absence of any major immediate domestic trigger in sight, investors would focus on global trends and trading activity of foreign investors for further cues in a holiday-shortened week ahead, analysts said. Movement of global oil benchmark Brent crude and rupee-dollar trend would also guide the market. "This week is a truncated one with no major triggers expected. However, we anticipate sector-specific movements amid budget-related buzz.
India's premier pace bowler and vice-captain Jasprit Bumrah was rested for the fourth Test match against England.
Bangladesh pacers have also been fortunate to have come under the tutelage of South African great Allan Donald and former West Indian pacer Otis Gibson.
India's 40-4 (win-loss) home record in the last decade is awe-inducing but there is an ever-little crack, which is getting more pronounced in the past three years, particularly in the case of star batter Virat Kohli.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
Shreyas Iyer, who led KKR to the IPL 2024 title, could be headed for the players' auction after failing to make a breakthrough in negotiations, while K L Rahul is also unlikely to be retained by LSG.
Stock markets would take cues from the biggest event of the week -- the US Fed interest rate decision, besides tracking the trends in global markets and trading activity of foreign investors, analysts said. Last week, a heavy decline in smallcap, midcap firms, foreign fund outflows and elevated crude oil prices in the international market dented investors' sentiments. Experts said equity markets may remain volatile in the near-term amid a host of global central bank's monetary policy decisions lined up during the week.
The run-up to the marquee event has been chaotic to say the least with change in captaincy, shuffling of the top-order and players coming out of retirement.
India have been drawn alongside six-time champions Australia, New Zealand, Pakistan and Sri Lanka in Group A for the women's T20 World Cup in October.
Alcaraz's triumph on the Parisian red dirt was the third Grand Slam trophy of his young career and followed the Spanish world number three's breakthrough title at the 2022 U.S. Open and epic Wimbledon victory 12 months ago.
Rishabh Pant on track for IPL comeback
'I knew it wasn't going to be an easy series. Three more to go. We'll keep our check on it and make sure we do most things right.'
Ted Dexter scored 4,502 runs at an average of 47.89 during his Test career and took 66 wickets at an average of 34.93.
England will be determined to get their act together against defending champions Sri Lanka.
The Adani Group, which won the Dharavi Redevelopment Project from the state government last year, on Monday said it has onboarded three city planners, including Hafeez Contractor, to present a draft redevelopment plan for the largest slum cluster in Asia. In a statement, the group, which has promised to invest Rs 21,000 crore in the first phase, has roped in world famous architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold as city and infrastructure planners for the project.
Images from the Euro 2024 Round of 16 match between Austria and Turkey, at Leipzig stadium, Leipzig, Germany, on Tuesday.
'Yes, the playing conditions still vary over time. But you're still in control of what sort of works for you on a pitch. So, you might play on a new hybrid pitch for one game.'
The best way to really take in the English countryside is to go narrowboating.
