tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.
Yuvraj Singh is hopeful that he can make a 'meaningful contribution' in India's Champions Trophy title defence during the June 1-18 marquee event in England.
Video footage showed that Services' Somendro Singh, who finished first, had actually covered a lap less in the 50-lap event.
The finals of the men's and women's team events that were scheduled to be played on Thursday afternoon will be held on Friday.
With no major domestic market-moving event scheduled this week, stock market investors would largely focus on global trends and foreign fund movement, and may face volatility amid monthly derivatives expiry, analysts said. This week Federal Open Market Committee (FOMC) meeting minutes are due for release which would provide further cues to the market, Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd, said. "With all major events behind us, participants will take cues from global markets, crude and currency market movement.
The domestic equity market, which is on a record-breaking spree, will focus on macroeconomic data announcements, movement in global stocks and the US Fed minutes to get further direction, analysts said. Trading activity of Foreign Institutional Investors (FIIs) will also innfluence investors.From the domestic macroeconomic front, Purchasing Managers' Index (PMI) data for the manufacturing sector will be released on Monday, and that o,f the services sector on Wednesday. Investors, this week, will keenly watch major global market events, icluding the outcome of the Federal Open Market Committee (FOMC) minutes, scheduled to be out on Wednesday.
Former India captain and CAB president, Sourav Ganguly, is working overtime to get everything in order at Eden Gardens, which is set to host the country's first pink-ball multi-day cricket match under lights. With drone flying over him under the dazzling Eden floodlights, the iconic lefthander was seen shooting promotional with the pink Kookaburra. "Eden Gardens will hold the first day-night (four-day) match in India. It has given us many moments to celebrate, now it's getting ready to host yet another moment to remember," Ganguly said in the promotional. Later talking to media, Ganguly, who is also the BCCI technical committee chairman, said, "Pink ball is the future... This will be the ultimate form of Test cricket. What will be the use of doing something which will have little interest left."
Macroeconomic data announcements, the Covid situation in China and global market cues would guide Dalal Street in the first week of trading in the New Year, analysts said. Markets would also keep a track on rupee movement, Brent crude oil prices and foreign fund investment trends. "As market players attempt to understand the Fed's stance, Indian markets may respond in lockstep with their international counterparts when the Federal Open Market Committee (FOMC) minutes are made public later this week.
The Board of Control for Cricket in India's stand with regards to participation in the 2024 Olympic Games in Paris, audit firm Deloitte's presentation on financial irregularities and revision of pay structure in domestic cricket are on the Committee of Administrator's agenda when they meet BCCI's top office-bearers, in New Delhi, on Wednesday.
States have been told to prepare in advance to counter any impact of an adverse southwest monsoon.
UEFA opens investigation into Barca payments to ex-refereeing official
'We want to send Indians on the moon and create history, but we don't want to accept the reality that is happening on earth.'
India's Manu Bhaker and Yashaswini Singh Deswal failed to make the final. The 19-year-old Bhaker, ranked No. 2, was done in by a technical glitch involving her gun after an impressive start saw her take one of the places in the top eight.
A summary of sports events and sports persons, who made news on Wednesday
Each disaster has the same message: Learn to respect the mountains before you build tunnels, roads, and houses, notes Sunita Narain.
He also said that when it comes to proscribing some terrorists, the United Nations Security Council (UNSC) has 'regrettably' been unable to act in some cases because of 'political considerations'.
Frenchman Bassa Mawem scaled close to the world record in the speed section of the Tokyo Games climbing competition, as more than a third of the 20-man field posted personal bests in a sensational start to the sport's Olympic debut on Tuesday.
Shikhar Dhawan was ruled out of at least three World Cup matches after sustaining a hairline fracture on his left hand.
Stock exchanges and other market infrastructure institutions as well as their top officials are liable to face penalties for lapses in handling and recitfying technical glitches, with Sebi putting in a place a stricter compliance system driven by "financial disincentives". The markets watchdog has come out with a detailed Standard Operating Procedure (SOP) for Market Infrastructure Institutions (MIIs) less than five months after a technical glitch halted trading at the country's largest bourse NSE for nearly four hours. There will be a "financial disincentives" structure for MIIs -- stock exchanges, clearing corporation and depositories -- for any business disruption beyond pre-defined time, according to a circular issued on Monday.
Should we not be creating roles in India for the talented, asks Ajit Balakrishnan.
'I don't think I should think about that, it's up to the people to think'
Iron ore deposits in the Donimali mine are estimated at 143 million tonnes and worth around Rs 40,000 crore. NMDC had leased the mine in 1968 for a period of 50 years. The lease expired on November 3, 2018.
Capturing the drama on Day 11 at the Tokyo Olympics.
Nikhat emerges as India's biggest star in a year filled with historic performances
However, to successfully complete his transition from a big player to a top administrator, Ganguly will need to combat a variety of challenges facing Indian cricket at the moment.
All the matches in the upcoming Ranji Trophy cricket tournament will be played in neutral venues, according to the fixture of the Domestic tournaments announced by the BCCI on Friday. The Board of Control for Cricket in India (BCCI) today (Friday) announced the fixtures for the Domestic tournaments for senior, junior and women to be played in 2016-17 season.
Pakistani and Indian cricket officials will get another opportunity on December 17 to sit across the table and discuss the strained and suspended bilateral cricket ties between the two nations.
'We are not organising any large celebrations on New Year's Eve to avoid last-minute changes in guidelines.'
In an attempt to prevent a diplomatic dispute, Sheikh Ahmad said on Tuesday he was looking to avoid a vote by persuading one city to hold the 2030 Games while the other staged the following edition in 2034.
Pargat Singh played a key role in Michael Nobbs' appointment as India's chief hockey coach but the former captain now says it is high time the under-performing Australian is given the "marching orders".
Indian cricket icon Sachin Tendulkar feels BCCI president Sourav Ganguly should initiate a revamp of the Duleep Trophy as players competing in the event seem more focussed on individual performances than their teams.
The ministry-making exercise took so long because many factors needed to be balanced. But now that it is in place, not everyone is happy with the resultant equation.
In light of the recent incidents involving scooters from prominent electric mobility brands bursting into flames, the subject of electric vehicle (EV) safety has come under the spotlight. As many as 20 electric scooters of Nashik-based Jitendra EV Tech caught fire after being loaded on a transport container. While no one has been reported injured, the company said it is conducting an investigation to find the 'root cause' of the fire.
Promoters of the Russian F1 Grand Prix, ROSGONKI, said that the contract for the Sochi race was signed in 2010, long before the start of WADA's probing and are confident that the race will be held next year as well
Swiss court rejects Russia's appeal against Olympic doping ban. The Lausanne-based Court of Arbitration for Sport (CAS) said the sanctions, which also bar Russia from hosting or bidding for major sporting events during a two-year period, would come into force on Thursday and end on December 16, 2022.
He said China understands India's concerns over the issue.
It remains to be seen how many rookies will be included for the 50-over competition keeping bubble-life and workload management in mind.
Deepak Kumar and Divyansh Singh Panwar finished a lowly 26th and 32nd respectively in the men's 10 metres Air Rifle event of the Tokyo Olympics on Sunday
'It is what athletes want and we believe this decision will give all athletes, technical officials and volunteers some respite and certainty in these unprecedented and uncertain times'
India believes no country would emerge victorious in the Russia-Ukraine war as all will suffer losses and there will be a "more serious" impact on developing and poor countries, Prime Minister Narendra Modi said on Monday after holding talks with German Chancellor Olaf Scholz as both leaders reiterated the need for an immediate cessation of hostilities.
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