Among the Sensex firms, Tech Mahindra, Tata Motors, Infosys, Wipro, Tata Steel, Tata Consultancy Services, Reliance Industries and Axis Bank were the major gainers. Bajaj Finance, IndusInd Bank and Power Grid were the laggards.
Ferrari's Charles Leclerc won the Monaco Grand Prix on Sunday to become the first home winner
The 22-year-old from Almora, who had come close to winning an Olympic medal in Paris before finishing fourth, will undergo a series of tests at the Red Bull Athlete Performance Centre in Salzburg to get a detailed evaluation to rev up his fitness and game.
The universe of stocks trading at a 12-month forward price-to-earnings (P/E) multiple of 50x or more has swelled by 2.5x to 104, indicating the growing froth in the market. In March 2023, the number of stocks with a P/E of 50x and 100x stood at 41 and 3, respectively, which has now grown to 104 and 9, according to an analysis by Kotak Institutional Equities (KIE).
'The bull does not want to go in front of the crowd, so they put chillies on his private parts etc to make him enter the game arena.'
'Sectors like e-commerce, small finance, housing finance, and healthcare are in great favour, and people are paying a PEG ratio of up to 5, which is dangerous.' 'Wealth destruction is inevitable.'
'It could tempt investors to pick stocks that are not fundamentally sound.'
Water projects firm Vishnu Prakash R Punglia, the 20th company to launch its IPO in the current year, saw its shares closing at a 47 per cent gain over its issue price on Tuesday. Such a huge one-day pop is considered rare; however, it has become the norm this year. The average listing-day gain for these 20 IPOs in 2023 is 34 per cent, and their average gain to date stands at 46 per cent.
Ferrari's Carlos Sainz won the Australian Grand Prix on Sunday in a triumphant return two weeks after appendicitis surgery as Red Bull's World champion Max Verstappen suffered his first retirement in two years.
If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels.
The operations revealed evidence of price and volume manipulation of stocks through the use of platforms like YouTube and WhatsApp.
A statue of a defiant little girl was placed in front of Wall Street's Charging Bull to challenge the 'traditionally male environment' of the industry, on International Women's Day.
'I find it ridiculous what happened, so why should I then give full answers?'
Red Bull's Max Verstappen equalled Ayrton Senna's record of eight pole positions in a row.
Red Bull's Max Verstappen started the season with a commanding Bahrain Grand Prix win from pole position.
Let's delve into India's T20I track record against Australia
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
'This trend will continue as long as the bull run continues.'
After the peak of the rally, the 'champion sectors' tend to underperform or perform in line with the market
More than 700 bull-tamers participated in the events, which were witnessed by thousands of spectators.
Formula One has said it hopes to get the season started some time in the European summer with a reduced calendar of 15-18 races.
Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of the country's biggest individual investor, leaves behind a relatively cleaner slate, as was seen in the most common description for him -- 'India's own Warren Buffett'. Unlike names like Harshad Mehta and Ketan Parekh, whose rise in fortunes in post-liberalised India was tainted with scam links, the newest 'Big Bull' in the more-regulated market had lesser baggage on this front.
Investors' wealth eroded by Rs 9.51 lakh crore on Monday morning, following a crash in equity markets where the benchmark Sensex tanked over 2,400 points, mirroring a sharp plunge in global peers. The 30-share BSE benchmark tanked 2,401.49 points to 78,580.46 in early trade. Following the sharp decline in equities, the market capitalisation of BSE-listed firms dropped by Rs 9,51,771.37 crore to Rs 4,47,65,174.76 crore ($5.35 trillion) during the morning trade.
'Though one cannot paint the entire microcap basket with the same brush, investors need to be careful now as to what they're buying.'
'Future market gains will likely depend primarily on earnings growth.'
Titan was the top gainer in the Sensex pack, zooming over 10 per cent, followed by M&M, Maruti, IndusInd Bank, Asian Paints, Sun Pharma, HCL, TCS, Tech Mahindra and ICICI Bank. The NSE Nifty rose 144 points to 17,790.35.
Here is a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the ruling Congress in Chhattisgarh.
Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs
It was the first time Verstappen, winner of a record 19 of 22 races last year, has won the first two races of a season. He has also won 19 of the last 20.
Let us understand where this bull market is coming from.
IMAGES from the UEFA Champions League matches played on Tuesday.
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.
The sharp surge in investment accounts (folios) in midcap and smallcap mutual funds (MF) in recent months is likely driven by the do-it-yourself (DIY) investors. In the first five months of the present financial year (FY 2024), net folio additions in direct MF plans (4.5 million) has outpaced that in regular plans (3.9 million), contrary to the trend seen in the previous three six-month periods. The net folio additions in direct plans in the five-month period (April-August 2023) is 40 per cent higher than the total additions made in the previous six month period.
'Together we achieved outstanding results and in time our record will be recognised on its own merits'
Rediff.com takes you into the one part terrifying, one part thrilling heart of the annual Pamplona bull run.
Sinner, Alcaraz will keep tennis' flag flying: Shastri
Red Bull have won 20 of the 21 races so far, another F1 record, and Verstappen has won in Abu Dhabi for the past three years. Both titles have already been clinched.
Major global indices - the Nasdaq, Bovespa, Seoul Composite, S&P 500, Dow Jones, S&P BSE Sensex, NYSE, DAX, Nikkei and, CAC 40 - have all gained 37 per cent to 75 per cent since their respective March 2020 low.
The range of food at banquets at the Mughal court consisted of delicacies that commoners could not ever dream of.
The Chicago Bulls produced a stingy fourth quarter defensive effort to beat the Atlanta Hawks 95-83 on Tuesday, which gave them a 3-2 Eastern Conference semi-final series lead. The Bulls held the Hawks to just 15 points in the fourth quarter to regain control of a game they had led for much of the first three quarters.
