Reliance Industries closed more than half a per cent higher after the company announced a proposed merger of media and entertainment assets of Viacom18 with Star India. Hindustan Unilever, Bharti Airtel, Tata Motors, ITC, Tech Mahindra and Axis Bank were among the laggards.
In a relief to actor Darshan Thoogudeepa, an accused in the Renukaswamy murder case, the Karnataka high court on Wednesday granted him interim bail on medical grounds, to undergo spine surgery.
The Nifty ended at 5833, down 34 points.
Sectorally, metal and banking stocks rallied the most, while FMCG and realty stocks came under selling pressure.
Participants of a mega rally, including prominent film personalities and rights activists, held a night-long sit-in in Kolkata till 4 am on Monday, demanding justice for a doctor who was allegedly raped and murdered at a hospital last month.
'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.' 'They like the execution that they see with Zepto, and for us, that is the most important factor.'
F&O trading is a zero-sum game where one person's loss is another's gain. Only one per cent of traders gained the money lost by 93 per cent, warns Harsh Roongta.
There will be a seven-day waiting period after the SIM swap or replacement for a mobile number to become eligible for porting, telecom regulator Trai said on Friday. The step has been taken to curb fraud taking place by using mobile phone numbers. "The Telecom Regulatory Authority of India (Trai), on 14th March 2024, issued the Telecommunication Mobile Number Portability (Ninth Amendment) Regulations, 2024, which will come into force on July 1, 2024," the regulator said.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
During his temporary release period, Singh will go to the Dera ashram in Barnawa in Uttar Pradesh's Baghpat, they further said.
The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy.
Hyderabad was made the capital city of the two states for 10 years when the bifurcation of undivided Andhra Pradesh was carried out in 2014.
Dear readers, do you agree with Meghna Pant that ovaries don't have an expiration date?
The Centre has issued a fifth draft notification to declare over 56,800 square kilometres of the Western Ghats across six states, including 13 villages in Kerala's landslide-hit Wayanad, Ecologically Sensitive Area (ESA), inviting suggestions and objections within 60 days.
Sales of electric vehicles (EVs) in July touched 178,948 units, marking the highest monthly sales this financial year. This represents a 27.9 per cent increase from June, which saw 139,905 units sold, according to the Vahan data from the Ministry of Road Transport and Highways. The strong performance in July contributed to more than one million being sold in the first seven months of the calendar year.
Benchmark share indices ended lower on Wednesday, amid weak global cues, as investors booked profits ahead of the September derivative contracts expiry.
The cricketer said a sale agreement was executed between him and his mother on one side and the builder on the other for the purchase of an apartment for over Rs 14 crore in the real estate project initiated by Brilliant Etoile Pvt Ltd in Hauz Khas under the name 'Sky Mansion' and displaying the name 'Risland'.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.
Markets ended lower on Thursday following the expiry of July derivative contracts weighed down by profit taking in FMCG shares after recent gains.
BSE (formerly Bombay Stock Exchange) has seen its market share go past the critical 20 per cent mark in the derivatives segment, intensifying its battle with bigger rival - the National Stock Exchange (NSE) - which, less than a year ago, had a monopoly in this space. In April, the average daily trading volume (ADTV) for BSE stood at Rs 89 trillion, accounting for 20.6 per cent of the overall ADTV of Rs 432 trillion (based on notional volumes for options).
'Publicity looks good, but the reality is different... all sections are feeling harassed'
BSE- mid-cap & small-cap outperformed benchmark indices
Whether it's colas, shoes, mobile connections or vehicles, the celebrity who endorses a product becomes the face of the brand.
GlaxoSmithKline Plc's anti-migraine drug brand, Imitrex, is turning out to be a good revenue earner for Indian generic companies.
"Even the expired licence issued to the said hospital allowed for five beds only," Deputy Commissioner of Police (Shahdara) Surendra Choudhary said.
The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, it has already started work with used online car marketplace Spinny.
Equity markets may witness a gradual up-move this week with some volatility as both election and earnings season are nearing their end, analysts said, adding that global trends and trading activity of foreign investors would hold significance in dictating investors' sentiment. Benchmark indices, which had a record-breaking rally last week, would also track global oil benchmark Brent crude and the rupee-dollar trend. The monthly derivatives expiry on Thursday may also fuel volatility in markets.
The suggestion is this: All PhD degrees must have an expiry date. The reasons for putting in an expiry date are so self-evident that they do not merit reiteration. We did not get the opportunity to discuss just how long the validity period should be. But I imagine 10 -12 years would do nicely.
L&T was the top gainer in the Sensex pack, spurting over 6 per cent, followed by Hero MotoCorp, HDFC Bank, IndusInd Bank, Maruti, HDFC and HCL Tech. On the other hand, ITC, SBI and Bharti Airtel ended in the red.
Stock markets are likely to remain range-bound in this holiday-shortened week amid a lack of any major domestic triggers, analysts said. Stock indices may also face volatility during the week amid the monthly derivatives expiry on Thursday. Equity markets would remain closed on Monday for Christmas.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
According to sales coach, trainer and entrepreneur Gaurav Bhagat -- who has been setting goals for himself since he was 16 -- having 'specific and measurable goals' is very important.
Markets have opened on a flat note tracking subdued global cues. The Sensex opened at 17,607, down 26 points and the 50-share Nifty has shed 7 points to open at 5,327 levels.
Weakness in Infosys, ITC and Sesa Sterlite weighed on the indices.
Coal India, ONGC, M&M and Tata Motors among the top losers.
BSE Power, Realty, Auto and PSU indices ended almost 1% down
The Sensex ended lower by 63 points at 17,059 and the 50-share Nifty shed 16 points to close at 5,179 levels.
