The market capitalisation of BSE-listed firms reached an all-time high of Rs 288.50 lakh crore on Wednesday amid an ongoing rally in equities, as the benchmark Sensex settled above 63,000-level for the first time ever. The 30-share BSE barometer climbed 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record closing high. During the day, the benchmark jumped 621.17 points or 0.99 per cent to 63,303.01, its lifetime intra-day peak. Extending its winning momentum to seventh day, the Sensex has rallied 1,954.81 points or 3.19 per cent during this time.
'The idea is to chart your own path, live your life authentically, not be scared to ask questions and not be scared to demand to sit at the table.' 'They may not let you sit today, but they will, if you keep demanding it.'
Glimpses of the celebrations as the BSE Sensex on Friday crossed the 60,000 mark for the first time.
The tech creators, or the ones who made billions, asks Ajit Balakrishnan.
It is the country's largest issuer of bonds by default. But the government of India thinks it has enough expertise to give the private players a tip or two on how to time the equity market.
Sebi penalised Shruti Vishal Vora - found guilty of leaking price sensitive information related to financial results of Wipro, Asian Paints and Mindtree, and Parthiv Dalal for similar action in case of Wipro earnings.
Jhunjhunwala passed away early on Sunday morning due to a cardiac arrest, a source in his newly set up airline said.
After his visit to Gohana to attend a public rally on Sunday was cancelled due to bad weather, Union Home Minister Amit Shah addressed the gathering briefly over phone and exuded confidence that 'lotus will bloom' on all Lok Sabha seats in the state in 2024 elections.
Though Archana Gautam was evicted from Bigg Boss for physically hurting Shiv Thakare, the actress-turned-politician was brought back in the game over the weekend.
A glimpse of all the celebs who attended the wedding.
Balkrishna V Doshi, who won the Pritzker Award in 2018 -- which is equivalent to the Nobel Prize in architecture -- passed into the ages this week. Sohini Das recalls an encounter with the the legendary architect, who was posthumously awarded the Padma Vibhushan in this year's Republic Day honours list.
Rediff.com Contributing Photographer Pradeep Bandekar sighted these stars on Monday.
Varun Dhawan and Natasha Dalal will wed at The Mansion House in Alibaug.
IT company Wipro on Friday posted a 4 per cent rise in consolidated profit at Rs 3,092.5 crore in the fourth quarter ended March 2022. The company had registered a profit of Rs 2,974.1 crore in the same period a year ago. "We have had an outstanding year, finishing with USD 10.4 billion in revenues, and an industry-leading growth of 27 per cent Year-on-Year (Y-o-Y).
'Very few of small investors stay invested for those three or four or five years.' 'If there's like a six month, one-year period when market is not doing well, you exit.' 'After the market has run up, you get in again.' 'This way you will never make returns.'
Currency market participants do not expect the rupee to slide immediately but feel a sharp rise is unlikely because of month-end dollar demand from importers.
The Indian equity market has been dancing to the tune of foreign portfolio investors (FPIs) for more than two decades now. Typically, when FPIs are net-buyers on Dalal Street (D-Street) and raise their ownership of Indian equities, the broader market rallies. Conversely, when FPIs turn net-sellers, the stock prices decline. FPIs have been net-sellers on D-Street for five quarters on the trot and the result has been predictable.
The Stars emerge and Rediff.com's Contributing Photographer Pradeep Bandekar is there!
Institutional desks of many brokerages in India are in the process of selling about Rs 2,000 crore worth of equity holding of bankrupt US investment bank Lehman Brothers Inc in some Indian companies.
His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu.
Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled new highs despite persistent geopolitical uncertainties and inflation worries. Analysts attributed better macroeconomic fundamentals, the confidence of retail investors and foreign investors investing again in the domestic equities towards the latter half of 2022 as the key factors that led to the outperformance of the Indian market in comparison to many other stock markets worldwide. During the initial part of the year, markets were jolted by the Russia-Ukraine war.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
When Mizoram batted, Shreevats Goswami (31) was the only significant scorer but the seasoned Mumbai attack led by Dhawal Kulkarni kept the minnows under check.
The booklet listing out unparliamentary words and expressions comes ahead of the Monsoon session beginning July 18, during which the use of words like 'anarchist', 'Shakuni', 'dictatorial', 'taanashah', 'taanashahi', 'Jaichand', 'vinash purush', 'Khalistani' and 'khoon se kheti' would also be expunged if used during debates or otherwise in both the houses.
Panaya drags Q1 profits though revenue improves on the back of large deal wins, good traction in North America.
Varun Dhawan posted pictures from his haldi ceremony held over the weekend.
Hindustan Unilever and pharma stocks were on buyers' radar; rate-sensitives faced jitters ahead of the credit policy.
'Varun looks like a regal prince in our bespoke white sherwani.'
If you are buying a bond to cater to your regular income needs, check the interest distribution schedule.
Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.
Marketmen want to make the most of volatility caused due to elections.
See who all attended FDCI x Lakme Fashion Week in the city.
The return from the ETF investment will be more than the 8.75 per cent the EPFO offers to subscribers now.
A sharp sell-off in the Indian equities markets after a spike in crude oil prices should not be surprising. Historically there is a negative correlation between stock valuations in India and the price of Brent crude oil, which is the benchmark for the Indian crude oil basket. Between 2011 and 2014, crude oil traded above $100 a barrel for an extended period, the Sensex-trailing price/earnings (P/E) was 18X, on average, during the period, nearly 22 per cent lower than the current index P/E of 23X.
After sharing pictures from the haldi ceremony, Varun Dhawan has posted pictures from the mehendi ceremony.
Virat Kohli and Anushka Sharma, who are holidaying in Gstaad, bumped into Varun Dhawan and girlfriend Natasha Dalal.
UBS reiterated its Nifty target of 9,200 by December as it expects growth to gather steam
In ITC, LIC has invested Rs 38,358.66 crore, according to Capitaline data.
Congress president Mallikarjun Kharge on Friday said the views of the newly-elected MLAs in Himachal Pradesh were being sought to bring out a consensus on who will be their leader.