The index could be vulnerable to a bigger fall given the present market dynamics.
Thirty six hours after the most serious threat to his 23-year rule was resolved for now, Russian President Vladimir Putin summoned heads of Russian security services -- members of his inner circle -- to the Kremlin on Monday, June 26, 2023.
Foreign investors have poured Rs 57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by a rate cut by the US Federal Reserve. With this infusion, foreign portfolio investors' (FPIs) investment in equities has surpassed the Rs 1 lakh crore mark in 2024, data with the depositories showed. Going ahead, FPI inflows are likely to remain robust, driven by global interest rate easing and India's strong fundamentals.
After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations, coupled with geopolitical uncertainties prompted investors to adopt a more cautious stance. Looking ahead to 2025, FPI flows into Indian equities could see a recovery, supported by a cyclical upswing in corporate earnings, particularly in domestic-oriented sectors like capital goods, manufacturing, and infrastructure, Vinit Bolinjkar, head of research, Ventura Securities, said.
'Our politicians solely depend on bureaucrats who are unaccountable and follow their own agenda.' 'Our politicians would dare not dream of establishing a DOGE,' argues Lieutenant General Prakash Katoch (retd).
Release of key macroeconomic numbers, monthly derivatives expiry, and global cues are likely to drive stock market movement this week, according to analysts. Markets will also be reacting to remarks made by the US Federal Reserve Chair Jerome Powell, they said. "This week, we expect the market to witness a gradual up-move with stock-specific action.
'Retail investors, who had not seen such a massive correction in the SMID universe since COVID-19, are witnessing something like this for the first time. Panic profit booking may continue.'
The Wagner forces also shot down several Russian aircraft, leading to the deaths of an undisclosed number of airmen whom Putin has praised as "fallen hero pilots."
Trump knows by now that the western narrative of Biden's war is a load of bullshit peppered with falsehoods and outright lies, and that the war erupted only out of the diabolic western plot to poke the bear, which got provoked finally and hit out, explains Ambassador M K Bhadrakumar.
The strike will continue following the tragic incident at the RG Kar Medical College in Kolkata, it said.
"I cannot take this insult anymore. All the allegations raised against me are false and fabricated. A student movement has been incited to remove me. There is a political mind behind this. I had informed police within an hour of the incident. CCTV footage has been handed over to police," Ghosh said.
The government on Saturday said a committee will be formed to propose safety measures for healthcare professionals even as OPD services were hit across the country as doctors joined the 24-hour nationwide strike called by the Indian Medical Association (IMA) to protest the alleged rape and murder of a trainee medic in Kolkata.
United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.
Putin's statement comes after Yevgeny Prigozhin, the alleged head of the Wagner mercenary group, in a series of recordings released on social media on Saturday, announced that his troops had taken control of military facilities in two Russian cities.
Hours after another failed attempt on his life, former United States president Donald Trump on Monday said he will never surrender and never stop fighting for Americans.
'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'
Invest with a 5 to 7 year horizon so that you are able to ride out price volatility and benefit from the long-term trends of demand and macroeconomic shifts.
The December meeting of the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will start on Wednesday even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends next week. The outcome of the meeting will be announced on Friday by Das at 10 in the morning.
The wrestlers protesting at the Jantar Mantar, about two kilometres from Parliament, said that they will go ahead with their 'Mahila Mahapanchayat' near the new building at any cost.
According to the Federation of Resident Doctors Association, during the indefinite strike, all outpatient departments, operation theatres, and ward duties will be shut, but emergency services will continue to operate as usual, ensuring that urgent patient care remains unaffected.
Former United States president and Republican presidential candidate Donald Trump on Saturday said he was shot at during his rally in Pennsylvania and a bullet pierced the upper part of his right ear.
Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?
The body of a woman post-graduate trainee who was allegedly raped and murdered inside a seminar hall of the hospital, was found on Friday morning. The civic volunteer was arrested on Saturday.
Despite Banerjee's promise of a transparent investigation, the protesters criticised the delay, demanding a judicial inquiry, capital punishment for the culprits, and adequate compensation for the victim's family.
Soon after the gunshots were heard at Trump International Golf Club in West Palm Beach, Florida, where Trump was golfing, the FBI said that it is "investigating what appears to be an attempted assassination of former President Trump".
The Indian financial services space seems to be in a sweet spot as foreign investors have made a net investment of Rs 14,205 crore ($2.1 billion) in the sector in November amid strong credit growth and manageable non-performing loan portfolio. The investment comes following a net withdrawal of Rs 4,686 crore from financial services stocks in October on account of profit booking. Overall, foreign portfolio investors (FPIs) have made a net investment of Rs 36,238 crore in the country's equity markets in November.
The protests by resident doctors at government hospitals in several states across the country ended on Thursday as major doctors' bodies called off their 11-day strike over the rape-murder of a trainee medic in Kolkata after the Supreme Court made an appeal to them to resume work.
The association said that 25 states have laws on attacks on doctors and hospitals but these are mostly ineffective on the ground and do not serve the purpose of deterrence.
The protest continued even as the Supreme Court intervened in the matter and constituted a 10-member National Task Force to formulate a protocol for ensuring the safety and security of doctors and other healthcare professionals.
The ongoing agitation has also led the Federation of All India Medical Association to warn that it would declare a nationwide "complete shutdown of medical services" if any "any harm befalls brave junior doctors".
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.
According to the plea agreement, Sai Varshith Kandula (20), of St Louis, Missouri, crashed a rented truck into the White House perimeter, and he was attempting to gain access to the White House to seize political power.
'Despite the current uncertainties, the long-term outlook remains constructive due to strong fundamentals, government initiatives, and a stable banking sector.'
The convention is set to begin on Monday and Trump is scheduled to formally accept his party's nomination and deliver remarks on Thursday night, The Hill reported.
Apart from the prime minister, the three-day annual conference was attended by Union Home Minister Amit Shah, national security adviser Ajit Doval and about 350 top police officers of the country.
Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data.
How will Russian athletes be cleared to compete at Paris 2024?
'Are we to believe that coordinated moves by the Canadian and US authorities are no longer taking place?', asks Ambassador M K Bhadrakumar.
Even though the NIA claims that more than 90 per cent of cases charge-sheeted have ended in conviction, the figure is likely misleading. To date, very few cases investigated by the NIA have resulted in a completed trial, points out former CBI joint director Navneet Rajan Wasan.
