An aggressive rate hike by the US Fed and the possibility of a recession can trigger a slide in these stocks, which will be a good opportunity to buy from a long-term perspective.
The Russian Fed Cup team were hailed by the local media following their semi-final victory in the U.S. at the weekend, while the hosts were criticised for their choice of venue and the treatment of the visiting captain.
Karman struggled to contain her unforced errors but prevailed 6-3 6-4 win over Eudice Chong to give India a 1-0 lead in the Asia/Oceania Group I tie.
The Fed made clear that the rate hike was a tentative beginning to a "gradual" tightening cycle
Equity benchmarks Sensex and Nifty faced heavy drubbing on Thursday, falling over 1 per cent each, in tandem with weak global markets following the US Federal Reserve's interest rate hike and its hawkish stance. The 30-share BSE Sensex tanked 878.88 points or 1.40 per cent to settle at 61,799.03. During the day, it tumbled 962.3 points or 1.53 per cent to 61,715.61.
Maria Sharapova came to Russia's rescue on her Fed Cup debut to pull the holders level at 1-1 in their world group first-round tie against Israel.
A man was arrested in connection with the incident and questioned.
Jelena Jankovic steered Serbia into their first Fed Cup final when she thrashed Svetlana Kuznetsova 6-1, 6-4 in the second reverse singles on Sunday.
Addressing a big rally in Kolkata to launch the Bharatiya Janata Party's Lok Sabha campaign, Shah launched a blistering attack on Chief Minister Mamata Banerjee on the issues of appeasement, infiltration, corruption and political violence, alleging she has "destroyed" the state.
Only the top 5 per cent profit makers account for 75 per cent of profits.
Rupee ends flat against dollar ahead of Fed policy outcome.
The Madras high court has observed that persons in power should realise the danger of remarks with "fissiparous tendency" and pulled up the police for their alleged failure to take action against some ruling DMK ministers who had participated in an anti-Sanatana Dharma meeting held in Chennai in September.
From the Sensex pack, Infosys, HCL Technologies, Infosys, NTPC, Mahindra & Mahindra, Tata Consultancy Services, Nestle, Tech Mahindra and Bajaj Finance were the major gainers. Power Grid, Larsen & Toubro, Maruti, Titan, HDFC Bank, Wipro, HDFC and ITC were among the laggards.
The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite. Moreover, the strength of the American currency in the overseas market, a muted trend in domestic equities, risk-off mood and firm crude oil prices weighed on the rupee.
Rajkumar Hirani has a mastery in bromance. In Dunki, Sukanya Verma doesn't feel that chemistry one bit, it's more like SRK babysitting a bunch of clueless kids running helter-skelter in a garden believing the grass is always greener on the other side.
Manchester United's Alejandro Garnacho scored with a magical overhead kick in the third minute to send the visitors on their way to a 3-0 victory over an Everton team already reeling in their first Premier League game after being docked 10 points.
'People remember each and every dialogue of Andaz Apna Apna, just as they remember every dialogue of Mughal-e-Azam and Sholay.'
The markets, at this point, have rallied on the view that the Fed will not budge from the zero-bound as long as inflation remains subdued
At the same time, however, officials at the central bank lowered their projections for the long-run target interest rate, evidence of slightly diminished expectations for a nation climbing out of a severe crisis and struggling with demographic headwinds like declining labor force participation.
The mid-and small-cap segments at the bourses have outperformed their larger peers thus far in fiscal 2023-24 (FY24). While the S&P BSE Small-cap index has surged around 5.7 per cent in FY24, the S&P BSE Midcap index has gained 4 per cent during this period. In comparison, the S&P BSE Sensex has moved up around 2.2 per cent.
Tara Iyer and Ankita Bhambri blanked their opponents as India beat Jordan 3-0 in the Fed Cup.
There is anecdotal evidence that the US economy is really, sharply slowing.
Titan, IndusInd Bank, Axis Bank, State Bank of India, Power Grid, NTPC and Tata Motors were among the among the major gainers. Mahindra & Mahindra, Larsen & Toubro, Nestle, JSW Steel, Infosys and Tata Consultancy Services, Tech Mahindra and Maruti were the major laggards.
Ankita Raina and Karman Kaur Thandi will have to punch above their weight when the battle to qualify for Fed Cup tennis tournament's World Group II,
Maria Sharapova has committed herself to playing in Russia's Fed Cup first round tie against Spain in February, the World No 4 said.
India will be led by newly-crowned world number one Sania Mirza as 11 nations will strive to get promotion to Asia/Oceania Group I when the Fed Cup tennis competition begins in Hyderabad.
Month-end dollar demand from oil companies mainly affected the rupee value against the US currency, a forex dealer said.
Bukayo Saka scored either side of halftime as Arsenal crushed second-bottom Burnley 5-0.
Li Na beat Germany's Kathrin Woerle 7-5, 7-5 to secure China's place in the Fed Cup elite for the first time
Indian captain Sania Mirza led from the front as the hosts registered a 2-1 victory over Philippines.
Roberta Vinci sent Italy into the Fed Cup final for the fifth time in eight years with a 6-2, 6-7, 6-3 victory over CzechRepublic's Lucie Safarova in Palermo on Monday.
'She got really close, and I was like, oh Miss Universe and me dancing!'
Sania Mirza will lead the four-member Indian side in the upcoming Asia/Oceania Group I tie of the Fed Cup tennis tournament.
The US Open champion has made herself available for Fed Cup team for the first time.
'When the chief minister saw how Manoj Jarange Patil had successfully held the state government hostage to his whims, Eknath Shinde knew he had a very clear chance of enamouring himself to these Maratha agitators by accepting Patil's demands.'
The rupee is expected to become more jittery and choppy in the near-term
The Federal Open Market Committee, which decides on rates, struck a positive note, saying economic activity had continued to pick up in recent months and the housing sector is improving.
The Czech Republic cruised to a 2-0 lead after the opening singles of the Fed Cup final against Serbia on Saturday, putting them well on course to successfully defend their title.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'