Getting out of the zero-rate armchair was overdue, and many in the market will be glad it has finally happened
'Party workers sit outside polling booths and they know everything that is happening.' 'Besides, as a voter when you push the EVM button to vote there is a paper slip that comes out showing you who you voted for.'
From the Sensex basket, Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro and NTPC were the major laggards. Tata Steel, Bajaj Finance, JSW Steel and Bharti Airtel were among the gainers.
The match remained scoreless until the fourth quarter when Jugraj Singh found the back of the net, securing a dramatic 1-0 win for India.
Three giant pandas departed Smithsonian's National Zoo in Washington, DC, on their journey to China on a FedEx Express Boeing 777.
Vasan Bala's ability to jolt our Bollywood conditioned brains into experiencing new forms of menace, turning a John Woo-style prison riot into a Chinese communist movement and showcasing Alia in a savage new light won Sukanya Verma's dil and jigra.
Asian emerging market stock prices did see a bounce post Fed-talk.
Fed keeps rates unchanged, sets up possible December hike
The central bank maintained its bias towards a rate hike.
The party was floated exactly two years after Kishor had embarked on a more than 3,000-km-long 'padayatra' of the state.
The move, which could come as a surprise to many investors, was a nod to better prospects for economy and labor market
Three major central banks have hit the zero limit, the Fed, the European Central Bank and the Bank of Japan.
Some Manchester United fans had previously urged Musk on Twitter to consider buying the club
Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.
The benchmark Nifty and Sensex could see another 8-10 per cent from the current levels, said HDFC Securities in its outlook for equity markets in 2024. The brokerage said that the market movement in the next year will not be linear, and there will be more volatility. When asked about the market reaction to the General Elections in 2024, Dhiraj Relli, managing director and CEO of HDFC Securities, said more than the outcome of the elections, the market movement in the next three to four months will decide the market trajectory post elections.
Among the 30 Sensex companies, Axis Bank, ICICI Bank, HDFC Bank, Tech Mahindra, Larsen & Toubro, Bajaj Finserv, State Bank of India, Reliance Industries and Infosys were the biggest gainers. Power Grid, Asian Paints, Tata Steel, Nestle, Maruti and JSW Steel were among the laggards.
Modi was born on September 17, 1950 in a small town in Gujarat.
'The wave of terrorism is over in Kashmir. Local people do not support it.'
Russia retained their Fed Cup title on Sunday after Svetlana Kuznetsova beat Spanish number one Anabel Medina Garrigues in a thrilling match to take an unassailable 3-0 lead.
The incident took place in Lateri town, located 90 km from the district headquarters, on Sunday following which the victim's family and other locals staged a protest till late night.
Isha Lakhani and Ankita Bhambri won their singles matches against Philippines.
Calling Canada's behaviour 'the pits', India's recalled high commissioner Sanjay Verma says India was backstabbed and treated in a most unprofessional manner by a country that is supposed to be a friendly democracy.
The Fed has said it wants to be "reasonably confident" in the inflation outlook before a rate hike.
Fed is still concerned about weak export growth.
The market capitalisation of BSE-listed companies soared to an all-time high of Rs 406.52 lakh crore on Monday thanks to a rally in equities where the BSE Sensex climbed over 1 per cent. The 30-share BSE Sensex rallied 941.12 points or 1.28 per cent to finish at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.
Among the Sensex firms, Hindustan Unilever, Reliance Industries, Infosys, Asian Paints, ITC and UltraTech Cement were the major gainers. State Bank of India, JSW Steel, Axis Bank, ICICI Bank, Tata Steel and Tata Motors were among the laggards.
Bajaj Finserv, Infosys, Mahindra & Mahindra, Tech Mahindra, Hindustan Unilever, State Bank of India and HCL Technologies were the biggest gainers. On the contrary, Asian Paints, JSW Steel, NTPC and Adani Ports were among the laggards.
Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.
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.
Equity markets will take cues from global trends and trading activity of foreign investors, while in the latter part of the week the first quarter earnings from IT majors TCS and HCL Technologies would guide investor sentiments, analysts said. Markets may consolidate after the record rally last week, experts added. "On the domestic front, the Q1 earnings season begins this week. Key companies such as TCS and HCL Technologies will release their earnings on July 11 and 12, 2024, respectively.
Fed seen holding rates steady as investor confidence shakes
M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC. Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece. In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.
Bullion may settle with limited upside potential
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
rediffGURU Kanchan Rai urges you to talk about your problems so you can seek solutions and also transform your life.
The US Fed also said that the unemployment rate too would rise to 5.7 per cent.
The chief beneficiary of the cycle of interest rate cuts and liquidity injections will be emerging markets, specifically Asia.
As the results season kicks in, the quarterly earnings numbers of several blue-chip firms -- such as Infosys and Reliance Industries -- along with global trends and trading activity of foreign investors, will determine equity market movement in the holiday-shortened week ahead, according to analysts. The domestic WPI inflation data for June -- scheduled to be announced on Monday -- will also influence trading sentiments, traders said. Markets will remain closed on Wednesday for Muharram.
'Despite the current uncertainties, the long-term outlook remains constructive due to strong fundamentals, government initiatives, and a stable banking sector.'
