News for 'Danish Siddiqui'

Profit-booking drags Sensex, Nifty down

Profit-booking drags Sensex, Nifty down

Rediff.com3 Apr 2024

Among the Sensex constituents, as many as 16 stocks closed with losses with Nestle India, Kotak Mahindra Bank, IndusInd Bank, Bajaj Finserve, Titan and JSW Steel being the major laggards. Index major Reliance, Hindustan Unilever, Maruti and Tata Steel also declined due to selling pressure. In contrast, NTPC, TCS, Tech Mahindra, Bajaj Finance bucked the trend and ended the day in green. Axis Bank, Bharti Airtel, Mahindra & Mahindra and Tata Motors also defied the trend.

Sensex down 111 pts on profit-taking, foreign fund outflows

Sensex down 111 pts on profit-taking, foreign fund outflows

Rediff.com2 Apr 2024

From the Sensex basket, Kotak Mahindra Bank, HCL Technologies, ICICI Bank, Infosys, Tata Consultancy Services, Wipro, Tech Mahindra and Larsen & Toubro were the major laggards. Mahindra & Mahindra, Nestle, Tata Motors and IndusInd Bank were among the gainers.

Wholesale price-based inflation cools to 4.95% in Dec

Wholesale price-based inflation cools to 4.95% in Dec

Rediff.com16 Jan 2023

The wholesale price-based inflation declined to 4.95 per cent in December 2022, mainly due to fall in prices of food articles and crude petroleum. The Wholesale Price Index (WPI)-based inflation was 5.85 per cent in November 2022 and 14.27 per cent in December 2021. Inflation in food articles was (-)1.25 per cent, while in fuel and power it was 18.09 per cent during December 2022.

Sensex, Nifty end flat in volatile trade

Sensex, Nifty end flat in volatile trade

Rediff.com23 Feb 2024

Among Sensex shares, HCLTech, Asian Paints, Maruti, JSW Steel, TCS, SBI, ITC and Bharti Airtel were the major losers. On the other hand, Bajaj Finserv, Mahindra & Mahindra, Titan, L&T and Wipro were the major gainers.

Sensex falls 379 pts on profit taking in bank & IT stocks

Sensex falls 379 pts on profit taking in bank & IT stocks

Rediff.com2 Jan 2024

Among the Sensex firms, Kotak Mahindra Bank, UltraTech Cement, Mahindra & Mahindra, Larsen & Toubro, ICICI Bank, IndusInd Bank, Wipro and Hindustan Unilever were the major laggards. Sun Pharma, Bajaj Finance, Bharti Airtel, Reliance Industries, Bajaj Finserv and Titan were among the winners.

Will budget for agri research get a big boost this year?

Will budget for agri research get a big boost this year?

Rediff.com28 Jan 2025

Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.

Why Banks' Liquidity Will Go Into Deficit Mode

Why Banks' Liquidity Will Go Into Deficit Mode

Rediff.com16 Sep 2024

The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.

Active clients at NSE reduce for a ninth straight month

Active clients at NSE reduce for a ninth straight month

Rediff.com26 Apr 2023

About 5.3 million fewer investors were active in March than they were nine months ago as sustained volatility weighed on sentiment. The number of active clients on the NSE, the country's largest bourse, stood at 32.7 million, down 5.3 million. This was 14 per cent lower than 38 million in July 2022.

CRISIL Ratings places Vedanta under watch with negative implications

CRISIL Ratings places Vedanta under watch with negative implications

Rediff.com6 Oct 2023

CRISIL Ratings on Thursday placed the long-term bank facilities and debt instruments of Vedanta Limited under 'rating watch with negative implications', the agency said in a press statement. CRISIL said the ratings may also be downgraded if Vedanta is not able to bring down its end-of-year financial leverage to below 2.7 times through asset monetisation, which is to be completed by December this year.

Sensex tanks 455 points dragged by bank stocks

Sensex tanks 455 points dragged by bank stocks

Rediff.com18 Apr 2024

Titan Company, Axis Bank, NTPC, Tata Motors, ITC, Tech Mahindra, Bajaj Finserv, ICICI Bank, HDFC Bank and Bajaj Finance were the other laggards. Bharti Airtel, Power Grid, Infosys and Larsen & Toubro were among the gainers.

Grappling with the 'chaotic' second Covid surge

Grappling with the 'chaotic' second Covid surge

Rediff.com16 Apr 2021

Many hospitals are scrambling for beds and oxygen as COVID-19 infections surged to a new daily record. The situation is so bad that at Lok Nayak Jai Prakash Narayan Hospital in New Delhi, the country's largest facility treating COVID-19 patients, two or three patients were seen sharing single beds in some wards. Here's a glimpse of the struggle.

Who Will Be The Next SBI Chief?

Who Will Be The Next SBI Chief?

Rediff.com14 May 2024

'The FSIB will conduct interviews for the SBI chairman position on May 21-22 as the tenure of the current chairman Dinesh Kumar Khara is scheduled to end by August.'

Sensex ends down 116 points amid weak global trends

Sensex ends down 116 points amid weak global trends

Rediff.com16 Oct 2023

From the Sensex pack, Nestle, Tata Consultancy Services, IndusInd Bank, Asian Paints, Bharti Airtel, Tech Mahindra, UltraTech Cement, Kotak Mahindra Bank and Hindustan Unilever were among the major laggards. Tata Steel, JSW Steel, HCL Technologies, Axis Bank, Power Grid and Mahindra & Mahindra were among the gainers.

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Rediff.com20 Dec 2024

Share prices of Nestle India, Asian Paints, Bandhan Bank, Tata Technologies, AU Small Finance Bank and Avenue Supermarts, all a part of the BSE 500 index, have hit their respective 52-week lows on the BSE in Thursday's intra-day trade after a sharp correction in the equity markets.

How a 20-year-old left Virat Kohli in disarray

How a 20-year-old left Virat Kohli in disarray

Rediff.com12 Sep 2023

Dunith Wellalage denied Kohli an easy time on the very pitch

Sensex gains marginally to scale new peak after RBI policy decision

Sensex gains marginally to scale new peak after RBI policy decision

Rediff.com5 Apr 2024

Among the Sensex constituents, 18 stocks closed in negative with UltraTech Cement, L&T, Bharti Airtel, Bajaj Finance and Tech Mahindra being major laggards. Other heavyweights like Asian Paints, Maruti, Titan and JSW Steel also saw heavy selling. In contrast, Kotak Mahindra Bank, Bajaj Finserve, HDFC Bank, ITC and SBI bucked the trend and ended the session with a gain of up to 2.09 per cent.

Sensex, Nifty hit record highs as HDFC, TCS rise

Sensex, Nifty hit record highs as HDFC, TCS rise

Rediff.com4 Apr 2024

Among the Sensex constituents, 20 stocks ended the session in green with HDFC Bank, Titan, Tech Mahindra, and Asian Paints being the major gainers. TCS, Maruti, Kotak Mahindra Bank and Bajaj Finserve were the other gainers. In contrast, SBI, Bharti Airtel, JSW Steel, PowerGrid, ITC and Reliance closed the trading with losses.

Diwali buzz grips India

Diwali buzz grips India

Rediff.com22 Oct 2014

The buzz in the markets in predictable. From lights to fireworks to sweets to flowers, people across the country are gearing up for Diwali.

BSE, NSE end in red; Sensex slumps 434 points

BSE, NSE end in red; Sensex slumps 434 points

Rediff.com21 Feb 2024

In the Sensex pack, 20 stocks ended in the red while 37 of the Nifty constituents closed the session with losses. NTPC was the biggest loser among the Sensex constituents, ending with a loss of 2.71 per cent.

Sensex up 276 points; banking, metal shares shine

Sensex up 276 points; banking, metal shares shine

Rediff.com21 Nov 2023

Among the Sensex firms, JSW Steel, Titan, Tata Steel, Sun Pharma, Reliance Industries, Bharti Airtel, Tata Motors and HDFC Bank were the biggest gainers. NTPC, Tech Mahindra, Maruti, State Bank of India and Larsen & Toubro were among the laggards.

Sensex falls 535 pts dragged by HDFC & IT shares

Sensex falls 535 pts dragged by HDFC & IT shares

Rediff.com3 Jan 2024

Among the Sensex firms, JSW Steel, Tata Steel, Tech Mahindra, Infosys, Wipro, Tata Consultancy Services, Nestle, HCL Technologies, HDFC Bank and Maruti were the major laggards. IndusInd Bank, ITC, Bharti Airtel and State Bank of India were among the winners.

Sensex, Nifty rebound; power, utility shares advance

Sensex, Nifty rebound; power, utility shares advance

Rediff.com10 Nov 2023

Among the Sensex firms, NTPC, Tech Mahindra, UltraTech Cement, Bajaj Finance, ITC, Bajaj Finserv, Axis Bank and Power Grid were the major gainers. On the other hand, Mahindra & Mahindra, HCL Technologies, Titan and IndusInd Bank were among the laggards.

Informal entities in manufacturing lost 5.4 million jobs in 7 years

Informal entities in manufacturing lost 5.4 million jobs in 7 years

Rediff.com24 Jun 2024

Unincorporated enterprises in the manufacturing sector lost nearly 1.8 million establishments and shed 5.4 million jobs between July 2015-June 2016 and October 2022-September 2023, an analysis of the fact sheet on 'Annual Survey of Unincorporated Sector Enterprises (ASUSE)' and the comparable 73rd round survey in 2015-16 by the National Statistical Office (NSO) showed. An estimated 17.82 million unincorporated enterprises operated in the manufacturing sector in October 2022-September 2023, nearly 9.3 per cent down from 19.7 million unincorporated enterprises in July 2015- June 2016.

Data stickiness likely to see users absorb mobile tariff hike: Analysts

Data stickiness likely to see users absorb mobile tariff hike: Analysts

Rediff.com9 Jul 2024

Consumers are unlikely to disconnect their mobile connections and will most likely absorb the up to 22 per cent tariff hike imposed last week by Jio, Airtel, and Vodafone Idea (Vi), according to analysts. The last major tariff hike in 2021 was followed by a 4-5 per cent SIM consolidation, with people leaving mobile operators with more expensive plans for their peers offering comparatively affordable options.

Hindu Sena organises 'yagna' for Trump

Hindu Sena organises 'yagna' for Trump

Rediff.com24 Feb 2020

A fringe Hindu outfit on Monday organised a 'yagna' ahead of talks between United States President Donald Trump and Prime Minister Narendra Modi.

BSE moves Bankex expiry to Monday; to be effective from Oct 16

BSE moves Bankex expiry to Monday; to be effective from Oct 16

Rediff.com31 Aug 2023

The BSE has decided to move the expiry day of Bankex derivatives contracts from Friday to Monday, effective October 16, the bourse said on Wednesday. "New contracts of S&P BSE Bankex with Monday expiry will be generated on October 13, 2023, and will be available for trading with effect from October 16, 2023," the BSE said, citing the decision was based on the market feedback. The expiry of Sensex derivatives contracts will continue to be on Friday.

BSE to shell out more as regulatory charge to Sebi

BSE to shell out more as regulatory charge to Sebi

Rediff.com29 Apr 2024

The BSE faces a larger outgo after regulatory clarity on the fee to be paid to the Securities and Exchange Board of India (Sebi) as a turnover charge on options volume. The market regulator on Friday directed the exchange to pay a regulatory fee on the 'notional value' of annual turnover.

8 Tips to Crack Campus Placements

8 Tips to Crack Campus Placements

Rediff.com9 Dec 2024

Consistent preparation with the right skillset and good communication skills are important to crack any campus interview, says rediffGURU Professor Suvasish Mukhopadhyay.

Why India Has Shortage Of Skilled Workers

Why India Has Shortage Of Skilled Workers

Rediff.com31 Aug 2023

'The second generation of migrant labourers is not enthusiastic about continuing in this field.' 'The parents of the next generation do not wish their children to be part of this trade.'

Markets fall for 2nd straight session on weak global trends

Markets fall for 2nd straight session on weak global trends

Rediff.com19 Oct 2023

Disappointing quarterly earnings numbers and revenue forecast from IT services company Wipro also weighed on investor sentiments. The 30-share BSE Sensex fell 247.78 points or 0.38 per cent to settle at 65,629.24 points. During the day, it plunged 533.52 points or 0.80 per cent to 65,343.50 points.

Sensex, Nifty end lower; FMCG, IT stocks top drags

Sensex, Nifty end lower; FMCG, IT stocks top drags

Rediff.com20 Jan 2024

Among the Sensex firms, Kotak Bank, PowerGrid, ICICI Bank, HDFC Bank, PowerGrid were the major gainers. HUL, TCS, M&M, IndusInd Bank, HCL Tech were among the losers.

Markets decline 1%; Sensex ends below 61k mark

Markets decline 1%; Sensex ends below 61k mark

Rediff.com4 Jan 2023

Market benchmarks Sensex and Nifty tumbled 1 per cent on Wednesday amid continuous foreign fund outflows and a weak trend in index majors Reliance Industries and HDFC Bank. The 30-share BSE Sensex slumped 636.75 points or 1.04 per cent to settle at 60,657.45. During the day, it declined 700.64 points or 1.14 per cent to 60,593.56.

Sensex pares early losses, ends 242 points down

Sensex pares early losses, ends 242 points down

Rediff.com18 Sep 2023

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.

15 large NBFCs to comply with enhanced regulatory norms: RBI

15 large NBFCs to comply with enhanced regulatory norms: RBI

Rediff.com14 Sep 2023

Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. The central bank has categorised NBFCs into Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL). A list of 15 large Non Banking Finance Companies (NBFCs) falling in the Upper Layer category has been released.

Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs

Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs

Rediff.com23 Aug 2024

Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company. Sebi has imposed a penalty of Rs 25 crore on Ambani and restrained him from being associated with the securities market including as a director or Key Managerial Personnel (KMP) in any listed company, or any intermediary registered with the market regulator, for a period of 5 years.

DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock Consortium

DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock Consortium

Rediff.com31 Jul 2023

Jalan-Kalrock Consortium, the winning bidder for bankrupt Jet Airways, on Monday said aviation regulator DGCA has renewed the airline's air operator certificate. Cash-strapped Jet Airways stopped flying from April 17, 2019. The Air Operator Certificate (AOC) was re-issued on May 20, 2022. However, since the airline did not start operations, AOC expired on May 19, 2023.

Sensex, Nifty decline on selloff in banking, financial stocks

Sensex, Nifty decline on selloff in banking, financial stocks

Rediff.com17 Nov 2023

Bajaj Finance, ICICI Bank, Bajaj Finserv, IndusInd Bank, Infosys, Kotak Mahindra Bank, Wipro, and Reliance Industries were among the other laggards. On the other hand, Larsen & Toubro, Hindustan Unilever, Power Grid, Asian Paints, Nestle and Mahindra & Mahindra were the major gainers.

NSE chief cautions retail investors against derivatives trading

NSE chief cautions retail investors against derivatives trading

Rediff.com14 Jun 2024

National Stock Exchange (NSE) chief Ashishkumar Chauhan on Friday cautioned retail investors against trading in derivatives and suggested them to invest in equities through mutual fund route. He emphasized that trading in Futures & Options (F&O) derivatives should be limited to informed investors who can manage risk and comprehend the market. Recently, Finance Minister Nirmala Sitharaman and chief economic advisor V Anantha Nageswaran flagged the growing risk of F&O trading for retail investors.

The Mumbai photographer who won the Pulitzer Prize

The Mumbai photographer who won the Pulitzer Prize

Rediff.com2 May 2018

Danish Siddiqui hopes to keep coming up with compelling stories that help him "sleep peacefully at night".