Among the Sensex firms, HDFC Bank, Bharti Airtel, Infosys, UltraTech Cement, Tata Steel, Wipro, Kotak Mahindra Bank, Reliance Industries, Tech Mahindra and JSW Steel were the major laggards. Power Grid, Titan, Mahindra & Mahindra and NTPC were among the gainers.
The combined market capitalisation of BSE-listed companies hit an all-time high of Rs 337.67 lakh crore ($4 trillion) on Friday amid a rally in equities, mainly on account of favourable macroeconomic data and continuous foreign fund inflows. Rising for the fourth straight day, the 30-share BSE Sensex jumped 492.75 points or 0.74 per cent to settle at 67,481.19 points. During the day, it rallied 575.89 points or 0.85 per cent to 67,564.33 points.
Indian national and youth World Champion Sarjubala Devi (48kg) and Saweety (81kg) faltered at the final hurdle to settle for silver medals, rounding off a decent campaign for the country in the 8th Women's World Boxing Championship, in Jeju, Korea on Monday.
The World Junior Champion retained his half point lead over Alexander Motylev in the 10th round of the Grandmasters chess tournament.
We can expect to see more Chinese wolf warrior diplomats on the prowl, in India's neighbourhood, though its mailed fist is not so visible while dealing with India, observes Colonel R Hariharan (retd).
Indian stock markets are expected to be driven mostly by global factors this week amid a lack of local triggers and earnings season largely coming to an end, say analysts. Crude oil prices, rupee movement and US Federal Reserve meeting minutes to be released this week will also influence the market sentiment. "With the earnings season behind us, global cues would largely dictate the trend in the coming week," Ajit Mishra, SVP - technical research, Religare Broking Ltd, said.
'We must acknowledge China will use Pakistan against India.' 'We all need to know that these two countries are ready to destabilise India at all times.'
Thimpu apparently didn't think it necessary to take Delhi into confidence. Bhutan is loathe to getting dragged into the geopolitical rivalry between India and China. And for Beijing, this was too good an opportunity to be missed to thumb its nose at the powers-that-be in Delhi, points out Ambassador M K Bhadrakumar.
Meanwhile, the Indian women's team totalled 337 to take home the silver medal behind China's Qingnian Li, Cuicui Wu and Xinqiu Zhang, who combined to shoot a world and games record score of 357 to finish on top of the podium.
Among major Sensex movers, ITC rose the most by 1.70 per cent, Wipro by 1.43 per cent, Tech Mahindra by 1.36 per cent and Nestle India by 1.27 per cent. Other gainers included HCL Tech, Asian Paints and Reliance. On the other hand, ICICI Bank, NTPC, UltraTech Cement and Tata Steel traded with a loss of up to 0.82 per cent.
National security, consolidation of border defences and border security highlights China's Tibet policy, points out Jayadeva Ranade, the former senior RA&W officer and China expert.
A resolute Vikas Krishan (69kg) and Simranjit Kaur (60kg) advanced to the finals with impressive victories but the legendary M C Mary Kom (51kg) and world number one Amit Panghal (52kg) settled for bronze medals at the Asian/Oceanian Olympic Qualifiers, in Amman, on Tuesday. Also ending with bronze medals were Lovlina Borgohain (69kg) and Pooja Rani (75kg). All the six boxers have already secured their tickets to the Olympic Games by making the semi-finals but Krishan and Kaur will come back with at least silver medals after entering the finals.
Koneru Humpy settled for a quick draw against reigning World champion Xu Yuhua of China in the fourth round, played after a day's break, in the women's Super Chess Tournament North Urals Cup at Krasnoturinsk, Russia. Humpy and Yuhua did not struggle much after playing the opening game and signed peace in 20 moves. Humpy was playing black.
The situation now in Manipur is "not related to insurgency". It is a clash between two ethnicities and a situation of law and order, CDS Anil Chauhan said.
Images from Day 8 of Wimbledon 2024 at The All England Lawn Tennis and Croquet Club in London on Monday.
Former foreign secretary Kanwal Sibal spoke to Rediff readers about the impact of Obama's re-election on India's ties with the US and Indo-China relations. Here's the full transcript of the chat:
The big surprise is that Narendra Modi, the greatest conjurer in our national politics, has not yet presented a theme to this election, observes Shekhar Gupta.
Nasreen, who served as the director of the Indian Cultural Centre at the high commission of India in Male, Republic of Maldives, from 2019 to 2023, shared insights into the growing influence of China and Pakistan in countering India's soft power.
Amid the dispute between India and China over exploration in South China Sea, the United States on Tuesday said the laws of the seas should apply and issues should be addressed through dialogue.
Kotak Bank was the top laggard in the Sensex pack, shedding over 2 per cent, followed by ITC, PowerGrid, M&M, HDFC, Asian Paints and NTPC. On the other hand, Maruti rallied over 4 per cent. Bharti Airtel, Axis Bank, IndusInd Bank and Bajaj Finance were also among the gainers.
India must break out of this strategic triangulation between China and Pakistan. We need to settle our issues with one of the two, notes Shekhar Gupta.
World Championship medallist Amit Panghal and Sachin Siwach struck gold at the 75th Strandja Memorial tournament.
'I strongly urge China to respect norms and use diplomacy and existing mechanisms to resolve its border questions with India'
Yuan broke Stephens when the American was serving for the match at 6-5. Stephens led 5-4 in the tie-break but could not hold on to her advantage and crashed out.
The decision was taken during a meeting between Chinese Foreign Minister Wang Yi and his Pakistan counterpart Shah Mahmood Qureshi in the southwestern the Chinese city of Chengdu on Saturday.
Defence Minister Rajnath Singh on Monday said that decision on Pakistan-occupied Kashmir (PoK) should have been taken during 1971 war between India and the neighbouring country.
'I have nostalgia for Ladakhi culture, which is common to both Muslims and Buddhists.' 'It is kind of a Buddhist way of life. You are compassionate and nice to each other.' 'You are good human beings.'
A below par Krishna Poonia had to settle for bronze in the women's discus throw on the third day of track and field competitions at the Asian Games in Guangzhou on Tuesday.
'These tactics are particularly evident in China's pursuit of its territorial and maritime claims in the South and East China Seas as well as along its border with India and Bhutan'
The Ukraine conflict and Chinese activities in the Indo-Pacific region figured in last week's talks between Prime Minister Narendra Modi and French President Emmanuel Macron, and both sides have similar views over the two issues, sources said on Monday.
Aryna Sabalenka took a big step towards retaining her Australian Open crown by beating American fourth seed Coco Gauff
Profit taking in Bajaj Finance, Nestle, Kotak Bank, SBI, Bharti Airtel L&T and Asian Paints also weighed on the benchmark index. Maruti bucked the trend by gaining 1.73 per cent after strong retails sales in September. Power Grid, M&M. JSW Steel and Tata Steel also advanced.
We should reassess what India's role in the world is and whether we are doing the right thing for ourselves, notes Aakar Patel.
Images from Day 3 of the 2024 French Open at Roland Garros in Paris on Tuesday.
Global trends and trading activity of foreign investors would largely dictate terms in the equity markets this week amid a lack of major domestic triggers, analysts said. Markets may face near-term consolidation due to elevated valuations, they noted. "While the previous week was predominantly shaped by developments in the US Federal Reserve policy, attention will now shift to the Bank of Japan's policy decision on December 19," Santosh Meena, Head of Research, Swastika Investmart Ltd, said.
The duo of Sheoran and Tomar combined with Swapnil Kusale to also win the team gold medal in the same event ahead of Chinese and South Korean teams.
Prime Minister Modi and President Xi held the conversation on Wednesday on the sidelines of the BRICS (Brazil, Russia, India, China, South Africa) summit in Johannesburg.
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher
Praggnanandhaa completed a win to book a match against compatriot Erigaisi, making sure an Indian will feature in the semi-final.
'I don't think we have ever seen such alignment of everything that we need in the banking sector.'
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