A round-up of Monday's action in the Syed Mushtaq Ali Trophy tournament.
Foreign investors have pulled out Rs 26,533 crore from the Indian equity market this month so far owing to increasing allocations to China, concerns over muted corporate earnings and elevated valuation of domestic stocks. While the sell-off continues, the quantum of net outflows has significantly reduced compared to October, when Foreign Portfolio Investors (FPI) withdrew Rs 94,017 crore ($11.2 billion) on a net basis.
After heavy selling in the past two months, foreign investors have staged a strong comeback to Indian equities with a net investment of Rs 24,454 crore in the first week of December amid stabilising global conditions and expectations of potential US Federal Reserve rate cuts. This revival follows significant outflows in the preceding months, with foreign portfolio investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October - the worst monthly outflow on record.
The death toll in the overnight stampede at the New Delhi Railway Station climbed to 18 on Sunday, with a senior railway official saying the incident occurred after some passengers slipped and fell on others while coming down from a footover bridge.
Narender Kandola starred with 15 points to lead Tamil Thalaivas to a dominating 44-25 win over Gujarat Giants, their third of the Pro Kabaddi League Season 11, in Hyderabad on Wednesday.
Prithvi Shaw's inclusion comes as a fresh lease of life for the explosive batter who found himself out of reckoning in the Ranji Trophy.
Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar as well as Treasury yields. With this sell-off, Foreign Portfolio Investors (FPIs) have recorded a total outflow of Rs 15,827 crore in 2024 so far. As liquidity tightens, FPI inflows are expected to remain subdued in the short term.
In the absence of national regulars, the focus will shift on the likes of Rinku, who was surprisingly not picked for the first round despite having an impressive first-class record.
Neeraj dropped the news to the world at a time of his choosing, which was a good 48 hours after solemnising his union with US-based tennis player and coach Himani Mor.
Maharashtra secured a resounding 439-run victory over Baroda in a Group A Ranji Trophy match, keeping defending champions Mumbai's hopes alive for the knockout stage.
A round-up of the Ranji Trophy matches played on Saturday.
The majority of these calls originate from foreign-based gangsters or their associates, using Voice Over Internet Protocol or international phone numbers, they said.
Foreign investors pulled out a massive Rs 94,000 crore (around $11.2 billion) from the Indian stock market in October, making it the worst-ever month in terms of outflows, triggered by the elevated valuation of domestic equities and attractive valuations of Chinese stocks. Before this, foreign portfolio investors (FPIs) withdrew Rs 61,973 crore from equities in March 2020. The latest outflow came after a nine-month high investment of Rs 57,724 crore in September 2024.
Sarfaraz Khan, Dhruv Jurel and Yash Dayal were on Monday released from the Indian Test side to participate in the Irani Cup in Lucknow.
Mayank Agarawal's unbeaten 139 took Karnataka over the line against Punjab by one wicket,
Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May.
'Despite your physical absence, your essence, the person you were, and the invaluable lessons you taught us linger in our hearts. Your teachings on ethics, hard work, pursuing dreams, and, most importantly, being a good person resonate with us.'
India's only Olympic Alpine skier Himanshu Thakur finished last in the men's giant slalom on Wednesday and cannot wait for the Sochi Games to end.
Foreign investors turned net sellers in October, offloading shares worth Rs 27,142 crore in just the first three days of October due to intensifying conflict between Israel and Iran, a sharp rise in crude oil prices, and improved performance of Chinese markets. The outflow came after FPI investment reached a nine-month high of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities after withdrawing Rs 34,252 crore in April-May.
Mohammed Shami claimed three wickets further building on his match fitness, while Abhishek Porel smashed a blistering fifty
Foreign investors have continued selling in the Indian market, pulling out a massive Rs 85,790 crore (around $10.2 billion) from equities this month due to Chinese stimulus measures, attractive stock valuations, and the elevated pricing of domestic equities. October is turning into the worst-ever month in terms of foreign fund outflows. In March 2020, FPIs withdrew Rs 61,973 crore from equities.
'The IPL provides a different ladder in terms of recognition.' 'If you do well, you will obviously get noticed and it enhances your selection into white-ball formats.'
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.
A round-up of the Ranji Trophy matches played on Friday.
Seniors Rohit Sharma,Virat Kohli, Jasprit Bumrah and Ravichandran Ashwin received exemptions for the Duleep Trophy, starting in Bengaluru on September 5.
The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the piossibility of a trend reversal.
Rinku Singh picked for second round as top stars leave for Test series against Bangladesh. Mayank Agarwal has been named as India A captain in Gill's place.
Equity mutual funds witnessed an inflow of Rs 35,943 crore in November, marking a drop of 14 per cent on a month-on-month basis, amid heightened volatility in stock markets driven by various macroeconomic factors, geopolitical events and US election results. Despite this, it marked the 45th consecutive month of net inflows into equity-oriented funds, reflecting the growing popularity of mutual funds among investors, according to data from the Association of Mutual Funds in India (AMFI) released on Tuesday.
The CBI arrested an NIA deputy superintendent of police posted in Patna and two middlemen on Thursday for allegedly accepting a Rs 20 lakh bribe to extend favours to a person in an ongoing probe, officials said.
They said a Delhi Police Special Cell team nabbed four people from South Delhi's Mahipalpur and confiscated the consignment weighing over 602 kilograms.
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.
The Bihar squad for the 2024-25 Ranji Trophy season was finally picked on Tuesday after extensive deliberations and legal wranglings.
The Archaeological Survey of India (ASI) on Monday submitted its scientific survey report of the disputed Bhojshala-Kamal-Maula mosque complex to the Indore bench of the Madhya Pradesh high court.
Locals said there was a "chemical-like" smell at the site and thick white smoke everywhere as panic gripped the Paschim Vihar area after the blast happened near a CRPF school.
Delhi Police on Thursday arrested another person in connection with the city's biggest-ever drug haul with investigators finding that the main accused had alleged links with leaders of a national political party, officials said.
A round-up of the Ranji Trophy matches played on Saturday.
Gurnoor Brar has been drafted in specifically to get some simulation for the high-arm action of Bangladesh pacer Nahid Rana
India fast bowler Mohammed Siraj was ruled out of the upcoming Duleep Trophy because of illness.
The Commission of Inquiry was supposed to submit its report to the central government "as soon as possible but not later than six months from the date of its first sitting".
Suryakumar Yadav will miss the first round match after suffering a a sprain to his right thumb.
