From the 30-share blue-chip pack, Tata Motors, Reliance Industries, ICICI Bank, Asian Paints, Nestle India, UltraTech Cement, Larsen & Toubro and Adani Ports were among the biggest gainers. In contrast, Zomato, HCL Tech, Tata Consultancy Services, Tech Mahindra, Kotak Mahindra Bank and Infosys were among the losers.
Trading activity of foreign investors and global trends will be the major driving factors for the equity markets in a holiday-shortened week ahead, according to analysts. Leading stock exchanges BSE and NSE have declared a trading holiday on November 20 for assembly elections in Maharashtra. Elections to the 288-member state legislative assembly will be held on November 20, and votes will be counted on November 23.
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.
Global trends, trading activity of foreign investors and domestic macroeconomic data announcements would dictate terms in the equity market in a holiday-shortened week ahead, analysts said. Equity markets would remain closed on Wednesday for Gandhi Jayanti. "Looking ahead, it will be interesting to monitor Foreign Institutional Investors (FIIs) and their flow into India.
Elkatohchoongo was the best Indian cyclist at the 2022 Asian Games in Hangzhou, reaching to the quarter-finals.
From the 30 blue-chip Sensex pack, Tech Mahindra, IndusInd Bank, Axis Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, State Bank of India, Tata Consultancy Services, UltraTech Cement and Reliance Industries were the biggest laggards. In contrast, JSW Steel, Nestle and Titan were the gainers.
President Mohamed Muizzu on Wednesday said by bolstering the defence capabilities of the Maldives, the country will soon reach a point where there is no 'foreign' military presence, weeks after he sought the withdrawal of Indian defence personnel from the archipelago nation.
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.
The grilling of Brigadier-General Dyer by Akshay Kumar's Sir C Sankaran Nair, as shown in Kesari 2, is purely an imaginary sequence, proves Utkarsh Mishra.
From the 30-share Sensex pack, Bajaj Finance, Nestle India, Bajaj Finserv, Asian Paints, UltraTech Cement, Infosys, Maruti, Bharti Airtel and Hindustan Unilever were among the gainers. JSW Steel, Adani Ports, NTPC, State Bank of India, Reliance Industries, Tech Mahindra, Axis Bank, Titan and HDFC Bank were the laggards.
Will Foreign Minister Mr. Jaishankar please refer to the RTI reply dated 27-1-2015...The Reply justified the circumstances under which India acknowledged that a small island belonged to Sri Lanka," Chidambaram said.
Indian origin Hindus living in Europe and US are mulling opening overseas chapters of Prayagraj-based 'Ram Naam Bank' in their countries. On the occasion of Ram Navami on Sunday, the idea of opening a Ram Naam Bank was discussed among the devotees in Sweden.
India's healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding global opportunities. According to data, key contributors to the record fundraising included Sai Life Sciences (Rs 3,043 crore), IKS Health (Rs 2,498 crore), and Sagility India (Rs 2,107 crore).
In Geneva, Bagchi would succeed Indra Mani Pandey who is set to return to New Delhi.
The Ministry of Tourism is inviting people from around the world to visit Prayagraj and experience the Maha Kumbh Mela, one of the largest religious gatherings on Earth. The event, which begins on January 13th and runs for 45 days, will feature an "Incredible India Pavilion" showcasing cultural heritage, luxury tent accommodations, and enhanced air connectivity. The ministry is also launching a major social media campaign to generate buzz about the event, encouraging people to share their experiences and moments from the Maha Kumbh.
Among the 30-share Sensex blue-chip firms, NTPC, Hindustan Unilever, Tata Motors, Maruti, Larsen & Toubro, Reliance Industries, Asian Paints and State Bank of India were the biggest laggards. Bharti Airtel, IndusInd Bank, Tech Mahindra, Infosys, Adani Ports and Tata Consultancy Services were among the gainers.
The November 5 US presidential elections, Federal Reserve interest rate decision, trading activity of foreign investors, and the upcoming quarterly earnings from domestic firms are the major triggers that would influence sentiments in the equity market this week, analysts said. In an eventful week ahead, a host of macroeconomic data announcements and global trends would also drive the markets, experts said. "The upcoming week is poised to be eventful on the global front.
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.
PAk's Permanent Representative to the United Nations in Geneva Tehmina Janjua was the leading choice.
Sujata Singh, currently envoy to Germany, will be India's next foreign secretary following an approval of her appointment by Prime Minister Manmohan Singh, sending months of speculation on who will head the foreign services.
Stock markets closed lower for the second straight day on Friday amid relentless foreign fund outflows and losses in blue-chip stocks Reliance Industries, ICICI Bank and State Bank of India. Benchmark BSE Sensex declined by 55.47 points or 0.07 per cent to settle at 79,486.32. During the day, it tanked 424.42 points or 0.53 per cent to 79,117.37.
As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral". In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated. After annualized growth of 25 per cent in recent years, profits appear to have softened while valuations are elevated at 23x forward earnings.
'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'
With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The India-UK talks for the proposed free trade agreement (FTA) began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles.
From the 30-share Sensex pack, Mahindra & Mahindra, Infosys, HCL Technologies, Adani Ports, Bajaj Finance, Tech Mahindra, Titan, Tata Consultancy Services, Reliance Industries and Power Grid were among the laggards. On the other hand, State Bank of India was the only gainer.
'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'
Vice President Jagdeep Dhankhar on Thursday said "dangers are emanating from outfits", including some foreign universities, doubling up as centres of subversive anti-India activities out to demolish the country's civilisation ethos and sully and muddy its growth.
Global rating agency Fitch on Thursday affirmed India's 'BBB-' rating with a stable outlook on strong growth outlook and fiscal credibility. Fitch said India is set to remain among the fastest-growing sovereigns globally with GDP growth of 7.2 per cent in the current fiscal year and 6.5 per cent in FY26, down from 8.2 per cent in FY24. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," the global rating agency said in a statement.
After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment. Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20).
'Retail investors have to stick to their asset allocation plans and continuously do portfolio reviews.'
Protesters in Bangladesh have attacked and torched houses of leaders of Sheikh Hasina's Awami League across the country, while murals of the country's founder Sheikh Mujibur Rahman were demolished and defaced in nearly two dozen districts. The unrest sparked after a live online address of Hasina, who is living in India following a massive student-led protest that toppled her Awami League's 16-year regime. The protesters have also called for scrapping the 1972 Constitution and changing the national anthem.
On a five-day rolling basis, FPI selling is the highest in 24 years.
'Disengagement is merely the first step in a lengthy process of arriving at a new normal along the LAC in Eastern Ladakh and the entire land boundary.' 'The Indian government should insist on the restoration of the status quo ante in Eastern Ladakh.'
Assam Chief Minister Himanta Biswa Sarma has accused Congress MP Gaurav Gogoi of raising questions on sensitive defence matters in Parliament after his marriage to a British citizen. Sarma alleged that Gogoi's wife, Elizabeth Colburn, has links with the Pakistani establishment, including working for an organisation allegedly a front for the Inter-Services Intelligence (ISI). Gogoi has rejected the allegations as "baseless" and said the BJP is trying to divert attention from its own failures.
The Indian side is in "very close touch" with interlocutors in the foreign and defence ministries of Russia on the issue of Indians "who were, illegally or otherwise, contracted into fighting in the Russian Army", Misri said at a media briefing on Modi's visit to Russia for the BRICS Summit.
The share of foreign companies in private sector investments, directed towards building new factories and other facilities, has declined over the past six months. A mix of large domestic announcements and relatively lower growth in foreign capital expenditure (capex) plans have played a role, although foreign investments remain near record levels. The share of foreign companies in the overall private sector investments over the four quarters ended June 2023 has dipped to 14.9 per cent, as shown by a Business Standard analysis of data from the project tracker Centre for Monitoring Indian Economy.
Among the Sensex firms, Asian Paints, Tata Steel, HCL Technologies, Nestle, Maruti, JSW Steel, NTPC and Larsen & Toubro were the major laggards. Sun Pharma, Bajaj Finserv, Reliance Industries, State Bank of India and Bharti Airtel were the gainers.
Pakistan's intelligence agency, the ISI, is reportedly using individuals under the influence of drugs or posing as mentally disturbed to infiltrate India and deliver messages to terrorists in prisons. Officials have reported over 10 such cases since July, with individuals entering from Pakistan and Pakistan-occupied Kashmir and being sent to prisons in Jammu, Punjab, and Rajasthan. Security agencies suspect these individuals are couriers tasked with relaying communication to jailed terrorists. The ISI's tactic is believed to be a response to the increased use of technology in communication, which leaves behind electronic footprints. This method of infiltration has also been linked to drug smuggling operations. The ISI's current tactic is reminiscent of its past use of "sawari operators" on the Samjhauta Express for covert operations, which were effectively curtailed by authorities.
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 airline had initiated a probe after the passenger posted on X that there was a blade-like metal object in the meal.
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