Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
'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.'
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.
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.
The Reserve Bank's of India's (RBI's) decision to increase the key short-term interest rates by 25 basis points has been termed as in-line with the street expectations by marketmen.
Fund managers and analysts believe a lot would depend on the outcome of the Reserve Bank of India's rate-setting meeting on 3rd May.
Virat Kohli and Anushka Sharma, who are holidaying in Gstaad, bumped into Varun Dhawan and girlfriend Natasha Dalal.
If you are buying a bond to cater to your regular income needs, check the interest distribution schedule.
See who all attended FDCI x Lakme Fashion Week in the city.
After sharing pictures from the haldi ceremony, Varun Dhawan has posted pictures from the mehendi ceremony.
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.
Investors want lower securities tax, tax breaks on equity investments.
During enquiry, it was found that a quarrel had taken place allegedly between Sushil Kumar, Ajay, Prince Dalal, Sonu, Sagar, Amit Kumar, and others in the parking area of the Chhatrasal Stadium in North Delhi.
There are many, many, ways to promote a film, but the producers of Jug Jug Jeeyo have hit the innovation jackpot.
Oil, banks eneded the day in green while few in auto sector lost heavily.
While many are sweating in the current environment, Rakesh Jhunjhunwala's portfolio has done well and seen new additions.
Markets crashed due to domestic worries; bluechip stocks tanked too.
Investor wealth worth over Rs 13.44 lakh crore was wiped off on Thursday as the domestic equity markets tumbled along with global risk assets, after Russia launched military operations against Ukraine. Amid intensifying rout in the global financial markets, the 30-share BSE Sensex plummeted 2,702.15 points or 4.72 per cent to end at 54,529.91. The carnage on Dalal Street eroded investor wealth worth Rs 13,44,488.54 crore, taking the total market capitalisation (m-cap) to Rs 2,42,24,179.79 crore on the BSE.
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.
As commendable her confidence is, Janhvi's metamorphosis from bechari to bold is slight, observes Sukanya Verma.
The insatiable greed for money and power is too large, too repugnant to thwart. And no one epitomised that better than Harshad Mehta, notes Dhruv Munjal.
The announcement made by Sebi chairman M Damodaran that new rules on Offshore Derivatives Instruments such as PNs have come into effect in-line with the proposals made last week has put to rest all the confusion over the whole issue and normalcy is set to return to the bourses, a broker said.
Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.
Investors added more than Rs 10.56 lakh crore to their wealth as markets continued their rally for the sixth straight session on Thursday. The BSE Sensex went past 61,000-mark for the first time ever on Thursday. It jumped 568.90 points or 0.94 per cent to its new closing peak of 61,305.95.
Afsar Dayatar/Rediff.com brings us scenes from the Jug Jugg Jeeyo trailer launch.
Photographer Pradeep Bandekar keeps us updated about what's been happening so far today.
The bull market peak came in March 2015, at a Nifty intra-day value of 9,119.
Rediff.com Contributing Photographer Pradeep Bandekar encountered these stars over the weekend.
After the age of 35, women need to take extra care of their mental and physical health.
Hansal Mehta's nine-hour drama series Scam 1992 needs to be viewed by everyone, young and old, recommends Moumita Bhattacharya.
Global markets trends, inflation, release of industrial output data and quarterly earnings will dictate movement of the equity benchmarks this week, analysts said, adding that volatility might continue amid slew of announcements of macroeconomic data at the global level too. Moreover, foreign fund movement, crude oil prices and trend in rupee would also act as major drivers for the equity market, they added. "The direction of global equity markets along with movement in dollar index and crude oil prices will continue to dominate while inflation numbers of the USA on May 11 and inflation and IIP numbers of India on May 12 will also cause volatility in the market," said Santosh Meena, head of research, Swastika Investmart Ltd.
A family man, a confident investor, someone who was sure two decades ago that India and its stock market were going to boom. T N Ninan recalls his chats with Rakesh Jhunjhunwala.
SoftBank founder Masayoshi Son on Tuesday said its portfolio company Swiggy is expected to deliver "good returns" if the food delivery platform were to go public. Speaking at a post-earnings presentation for SoftBank, Son said one of Swiggy's rivals has recently gone public and its share price is doing great. Last month, Zomato made a stellar debut on Dalal Street with its shares zooming nearly 53 per cent against the issue price of Rs 76, and its market valuation crossing the Rs 1-lakh-crore mark.
Markets have gone into a tailspin, the Modi govt must revive investment sentiment.
FIIs pour $2 bn in January; flows into India equity funds hit 54-week high; doubts on sustainability persist.
Police said around half-a-dozen dumper trucks and some machines were buried under the debris caused by the landslide which occurred around 9 am in Tosham block.
Bajaj Finserv was the top gainer in the Sensex pack, soaring around 8 per cent, followed by Tata Steel, Tech Mahindra, Bajaj Finance, HDFC Bank and SBI.
Analysts believe the measures are forward-looking as they focus mainly on the middle class and lower middle class segments, with the central bank classifying home loans below Rs 20 lakhs (Rs 2 million) in the priority sector. "The RBI's step of reducing both repo and reverse repo rates by 100 basis points is in line with the market expectations.