Dalal Street had a roller coaster ride in 2024 from shattering record after record to facing heavy correction off-late but equity markets still rewarded investors with positive returns, driven by a surge in domestic fund flows and a resilient macro landscape. The first half of the year saw robust corporate earnings, a surge in domestic flows, and a resilient macro landscape, driving the Nifty to an all-time high of 26,277.35 in September 2024, according to Motilal Oswal Wealth Management.
Dutch driver Max Verstappen has extended his contract with Red Bull until the end of 2023, the Formula One team announced in a statement on Tuesday. The Dutchman, who in 2016 became the youngest ever race winner in the sport's history, had been linked to both Ferrari and Mercedes in paddock speculation.
'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.
In a recent townhall meeting, creditors of WazirX pressed founder Nischal Shetty and the restructuring legal team for solutions, seeking representation on the committee of creditors (CoC) and expeditious restructuring within four months, and asked for clarity on redistribution of potential gains from future crypto market upswings.
The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.
The day after quitting his job, Langer had a heated conversation with Freudenstein.
Max Verstappen put Red Bull on pole position for Formula One's season-opening Bahrain Grand Prix on Saturday, with seven times world champion Lewis Hamilton alongside on the front row for Mercedes.
Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.
The Dutchman's run of nine successive wins was snapped as he broke down on lap four with a brake problem.
From the 30 Sensex firms, Mahindra & Mahindra, State Bank of India, Bharti Airtel, Hindustan Unilever, Kotak Mahindra Bank, UltraTech Cement, Adani Ports, and Tata Steel were the biggest gainers. ICICI Bank, IndusInd Bank, Asian Paints, Tech Mahindra, Infosys, HCL Technologies, Tata Consultancy Services, and Larsen & Toubro were among the laggards.
'Choose an equity allocation that will allow you to remain invested even if the market falls by 50 to 60 per cent.'
George Russell led Lewis Hamilton in a Mercedes front-row lockout in qualifying for the British Grand Prix on Saturday with McLaren's Lando Norris completing a rare one-two-three of home drivers.
'Consider your household's financial health and all your other goals.' 'Buying a house might seem like an urgent goal, but it is rarely the only one.'
The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.
Red Bull FMX athletes Robbie Maddison, Alexey Kolesnikov and Tom Pages turned into Superman in front of the Gateway of India in Mumbai.
Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.
Four days before the season-opening Australian Grand Prix, Horner said his team still had plenty of ground to make up, however.
Shaji Ul Mulk, T Ten Global Sports Founder and Chairman, believes the prospect of seeing India icon Mahendra Singh Dhoni in the T10 format could be a possibility.
About 40 bull tamers were injured, they said.
When running with the bulls, injuries are a given and this year was no different. While some question if the centuries-old tradition should continue, with many raising objections about the cruelty to the bulls, the practice, regardless of all the danger and controversy continues to be a crowd-puller of epic proportions. Here are some glimpses from the festival.
Lando Norris capitalised on a bit of good fortune to win the Miami Grand Prix on Sunday
Ferrari are not extending Sebastian Vettel's contract beyond this year
Australian Daniel Ricciardo won the Chinese Grand Prix for Red Bull on Sunday while Ferrari's championship leader Sebastian Vettel finished only eighth.
From the 30 Sensex firms, Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel and Adani Ports were the biggest gainers. Tata Consultancy Services emerged as the only laggard.
Each of Navratri's nine days has their own colour and the hue associated with Day 1 is yellow.
World champion Max Verstappen got back to winning ways on Sunday with a third straight pole-to-flag victory at the Japanese Formula One Grand Prix, leading teammate Sergio Perez across the line for a Red Bull 1-2 at Suzuka.
Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.
Triple Formula One world champion Verstappen missed out on pole because he set his time of one minute 12.000 seconds after his British rival in a drama-filled qualifying session at the Circuit Gilles Villeneuve.
Shares of Tata Group companies on Thursday rose up to 10 per cent, with Tata Chemicals and Tata Teleservices among the major gainers. Tata Sons Chairman Emeritus Ratan Tata, who played a key role in transforming the group into a global conglomerate, passed away late on Wednesday. He was 86. "Investors can pay tribute to Ratan Tata and the great corporate empire he built by buying stocks like TCS, Tata Motors, Tata Steel, Tata Consumer and Indian Hotels.
Red Bull's Formula One World champion Max Verstappen took pole position for the Australian Grand Prix on Saturday with Carlos Sainz qualifying alongside on the front row for Ferrari two weeks after undergoing surgery for appendicitis.
Red Bull have given "a definite no" to four-times Formula One world champion Sebastian Vettel's hopes of returning to them next year, team boss Christian Horner said on Friday. The German, who is out of contract with Ferrari at the end of the season and facing an uncertain future, had said on Thursday he would say yes to a Red Bull drive if one was offered.
Mercedes driver George Russell has been disqualified and lost his Belgium Grand Prix win on Sunday, after his car was found to be underweight, and his teammate Lewis Hamilton was promoted to first place.
India have used 12 out of their 15 players in the first three games and it would be interesting to see if one among the two uncapped pacers Yash Dayal or Vysakh Vijaykumar gets a debut cap in case the pitch warrants an extra specialist speedster.
'Pandi was promised something, that is not happening, so his anger is not of a villain's.' 'That's how all normal humans would react, or they stay silent.' 'Our violence is our silence. So in this world, everybody is innocent.'
Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand Prix on Saturday.
IMAGES from football matches played across Europe on Wednesday.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'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.'
Lando Norris put McLaren on pole position for the Spanish Grand Prix on Saturday
Verstappen took pole position for the Saudi Arabian Formula One Grand Prix on Friday with Ferrari's Charles Leclerc qualifying alongside on the front row.
