Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
Coal India was the biggest gainer on both Sensex and Nifty
'With NPA under control, we should be able to post better profits.'
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
'It is an existential crisis. We cannot recover lost ground through social media. We need to forge alliances and reshape our ideological contours.'
'We are rolling out a vaccine when we don't even have the phase 2 trial results; forget about phase 3 trial results.' 'Why are we playing with people's lives?'
'I welcome Droupadi Murmu as the first Adivasi woman President of India, but her track record has not been good as a politician and governor of Jharkhand when it came to helping Adivasis,' points out activist Gladson Dungdung.
With the markets scaling new highs, as many as 43 stocks from the Nifty50 index and 27 of the 30 scrips that are part of the S&P BSE Sensex are trading above their respective 200-day moving average (DMA). The 200-DMA is seen as one of the most relevant trend indicators by investors and traders, who believe that stocks and indices trading above this level possess strength and are likely to rally in the short to medium term, while the ones trading below this level are viewed as bearish and expected to see a sell-off. Wipro, UPL, Kotak Mahindra Bank, Hindalco, Infosys, Cipla, and Adani Enterprises are the only stocks from the Nifty50 pack that are still below their respective 200-DMA, the exchange data suggests.
Even as the returns of mutual fund (MF) schemes have improved considerably in the past three months, addition of new investors has remained in the slow lane for the MF industry. According to industry data, during the first six months of CY 2023, MFs onboarded only 1.6 million new unique investors, in stark contrast to the 4.7 million investors added during the same period last CY and the 2.4 million in 2021. It is noteworthy, however, that the current additions for this year have doubled in comparison to the figure of 800,000 seen in 2020.
With the Big Four information technology services players having disappointed the Street, the focus is on mid-cap IT players who seem to have met expectations, according to analyst reports and management commentary on the demand environment.
India golfer Anirban Lahiri is making the country proud and on India's 68th Independence Day, he gave his countrymen a couple of big reasons to be proud.
The 35-year-old paceman has been closing on Pollock's tally of 421 wickets for a couple of years but, limited by injury to three Tests since November 2016, has managed only to reach, not pass, the milestone.
Penguin Books India has decided to withdraw copies of United States Indologist Wendy Doniger's book "The Hindus: An Alternative History" following a court-backed settlement with a Delhi-based voluntary group which had objected to several "inaccuracies and biases" in it.
Indian politics, held captive in one way or the other by Ayodhya, may now well seek its emancipation from this issue, and the pursuit of welfare, asserts Congress leader Salman Khurshid in this excerpt from his latest book, Sunrise over Ayodhya.
A young couple sharing a laugh - in the living room over a Polish joke book, on the beach, in the rain - with the tagline, "Made for each other", hung from billboards at prominent street corners from the 1960s to the 1990s. It was a campaign for one of the largest selling cigarette brands in India, Wills (Navy Cut) from the ITC stable, that resonated with a generation of smokers and non-smokers alike till the curtains came down on tobacco advertising in 2004. As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses. In the mind space of Gen Z or millennials, the company represents a gamut of branded products - from frozen food (ITC Master Chef), noodles (YiPPee!), and cookies (Sunfeast) to snacks (Bingo!) and notebooks (Classmate), and so on and so forth.
In 1991, The Guinness Book of Records listed Lata Mangeshkar as the most recorded artist in the world with not less than '30,000 solo, duet and chorus-backed songs' recorded in 20 Indian languages between 1948 and 1987.
He has driven into the Limca Book of Records twice. Tamanna Naseer finds out more about the battles Eric Paul fights despite being paraplegic.
Their home is, not surprisingly, teeming with visitors who are received by the proud father and Azma Khatun, the mother of the 22-year-old.
No Bollywood release nor any holdover release from last week were pitted against James Cameron's sci-fi action drama.
'Domestic will remain very much the core of what IndiGo is.' 'But the emphasis in our next growth phase is going to be on the international side.'
Images from the England-Afghanistan World Cup match in Manchester, on Tuesday.
Rediff.com presents some of the oddest Guinness world records held by Indians.
If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.
The West Stand at the iconic stadium has been renamed the 'Sachin Tendulkar Stand.'
Of late, war films -- particularly those that tell stories of the 1971 War and Kargil -- have been produced.
Shivani, who hails from Vijaywada created the first record on Sunday by firing 103 arrows from a distance of 10 metres in just 11 minutes and 19 seconds with a compounding bow and Indian arrows.
Raina feels the left-handed Rishabh Pant could be the X factor for India alongside Hardik Pandya
This was achieved despite falling tourist arrivals post Babri Masjid demolition in December 1992.
At Rs 943 million over the first weekend since its release on April 27, the movie has become the second biggest opener of the year (both Bollywood and Hollywood) in India.
Every week, we bring you fascinating videos, chosen by you, through your likes.
'I was confident that I would surely get into any of the IPL teams, but I was not picked.'
Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, the largest private-sector lender of the country, has just completed his first term. The period October 2020-October 2023 was a roller coaster, and the second one, which started on October 27, could be more interesting as the lender absorbs the impact of the merger of HDFC, which was integrated on July 1, and moves to the next growth phase. Soon after he took over the reins from Aditya Puri on October 27, 2020, the Reserve Bank of India (RBI) debarred HDFC Bank from enrolling new credit card customers and launching new products under the Digital 2.0 programme due to repeated outages on its mobile-banking and internet-banking platforms.
India on Tuesday set a new world record with over 2,500 pregnant women performing Yoga together as part of the Second International Yoga Day at the Swaminarayan Temple hall on Kalawad Road in Rajkot, Gujarat.
The suit made it to the Guinness Book of World Records as the "most expensive suit (clothing) sold at auction".
It turned out to be a record haul for India when Sushil Kumar clinched the gold in wrestling at the 2010 Commonwealth Games, in Delhi, on Sunday.
Leading Malayalam film actress Shweta Menon, who was allegedly molested by Congress Member of Parliament N Peethambara Kurup at the President's Boat race event at Kollam two days ago, on Sunday gave her statement on the incident to police.
Wicketkeeper-batsman Rishabh Pant smashed his way into the record books with a 24-ball 78 as India colts gave Nepal a rude reality check by handing them a seven-wicket hammering to finish their league engagements unbeaten in the ICC U-19 World Cup in Mirpur on Monday.
'The next war will be fought by China-Pakistan against India and we have to fully be prepared. We must read the writing on the wall.'
Apex auditor CAG on Friday lamented that private telecom operators are not providing their account books to it, despite a request from the government.
