The recent selloff in the Indian equity market has been far more painful for mid and smallcap stocks compared to largecap stocks. The benchmark BSE Sensex is now down 9.5 per cent from its record monthly closing of 84,300 at the end of September last year. In the same period, the BSE MidCap has lost 17 per cent of its value, while the BSE SmallCap has corrected by 17.1 per cent.
Is India headed there again? questions Ajit Balakrishnan
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.
Kastha or flaky lijjat papad-accented parathas dipped in creamy black dal is a must have.
A high-level inter-ministerial team conducted a six-hour investigation in Badhaal village, Rajouri district, Jammu and Kashmir, to ascertain the causes of death of 17 members of three families under mysterious circumstances. The team, led by a director-rank officer in the Union Ministry of Home Affairs, collected samples and briefed by senior district, health and police officers. The team's visit follows the deaths of 16 people between December 7 and January 19. The investigation is ongoing, with authorities focusing on potential neurotoxins and a spring that tested positive for pesticides.
Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%.
rediffGURU Patrick Dsouza tells you how to optimise your preparation for the Common Admission Test scheduled on Sunday, November 26, 2023.
'I hadn't worked for three-and-a-half years.' 'I felt industry was based on who you knew.' 'I didn't belong to a network.'
Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.
Delhi's air quality improved for the second consecutive day on Thursday, with the Air Quality Index (AQI) recorded in the "moderate" category at 165. This marks a significant improvement from the "poor" category recorded on Tuesday. Several restrictions imposed under Stage 4 of the Graded Response Action Plan (GRAP) were lifted, but some restrictions under Stage 2 remain in place. The Decision Support System (DSS) has not been updated since Friday, with technical difficulties hindering the update of data for the last six days.
India's External Affairs Minister S Jaishankar has stated that peace and tranquility in border areas are essential for the development of bilateral ties with China. He said India will be discussing de-escalation and effective management of activities in border areas with China in the coming days, following the completion of troop disengagement in eastern Ladakh. Jaishankar emphasized the importance of respecting the Line of Actual Control (LAC), maintaining the status quo, and adhering to past agreements. The disengagement phase allows for discussions on other aspects of bilateral engagement, with national security interests prioritized. However, the statement sparked an uproar in the Rajya Sabha, with Opposition MPs demanding clarifications that were disallowed by the Chair, leading to a walkout.
Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.
Former Indian Administrative Service (IAS) officer M G Devasahayam, who was one of the signatories to the representation on the credibility of electronic voting machines (EVMs), voter-verifiable paper audit trail (VVPAT) and the vote-counting process, had filed an application with the poll panel under the Right to Information (RTI) Act, seeking details of the action taken on it.
'It seems to be a hasty step ahead of the election.'
An interesting excerpt from Virender Kapoor's latest book Inspiring India: Taking India from Big to Great.
'The answer is not for me to give. The answer either way has to be heard from the industry itself. Tell us why not if you are not doing it; tell us if you are doing it -- why should this question remain unanswered?'
rediffGURU and CAT expert Aashish Sood will answer all your queries relating to the upcoming CAT exam.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
Forty-one Border Road Organisation labourers working to clear snow near the high altitude border village of Mana in Uttarakhand's Chamoli district were trapped under an avalanche on Friday.
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.
Wedding planner WedMeGood estimates that the average wedding budget has surged to Rs 36.5 lakh this year, with destination weddings averaging Rs 51 lakh.
Dalal Street had a roller coaster ride in 2024 from shattering record after record to facing heavy correction off-late but equity markets still rewarded investors with positive returns, driven by a surge in domestic fund flows and a resilient macro landscape. The first half of the year saw robust corporate earnings, a surge in domestic flows, and a resilient macro landscape, driving the Nifty to an all-time high of 26,277.35 in September 2024, according to Motilal Oswal Wealth Management.
The Indian Law Institute, a premier legal research Institute established in 1956, announces admissionS FOR 2008-09.
The conditions that lead to landslides, including soil texture, soil moisture and slope are known, and it is important to put all this knowledge into an operational system, he said.
The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, got subscribed 2.37 times on the third day of the bidding on Thursday, helped by institutional buyers. This is the largest IPO in the country, surpassing LIC's initial share sale of Rs 21,000 crore. The Rs 27,870 crore initial share sale got bids for 23,63,26,937 shares against 9,97,69,810 shares on offer, translating into 2.37 times subscription, as per NSE data.
'My family are the mainstream audience and think I am wasting my time. Until I make a Rs 100 crore film, they won't be convinced.'
Ask rediffGURU Aashish Sood your CAT related questions.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
Just as the atom and the byte needed careful societal control to prevent damage to society, perhaps, so does the gene, particularly in debates like 'genes vs merit', explains Ajit Balakrishnan.
'When compared to many of America's treaty allies in Asia, Modi 3.0 is on a much stronger footing.'
'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.
'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'
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.
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
Six times CAT topper rediffGURU Patrick Dsouza explains how you can utilise the final days to improve your performance in the CAT exam.
The Enforcement Directorate (ED) faced criticism from the Supreme Court for filing a "half-baked" reply in a bail matter related to the Chhattisgarh liquor scam. The court expressed dissatisfaction with the situation, questioning the accountability of the ED and its advocate-on-record. The ED's additional solicitor general, S.V. Raju, attributed the error to a miscommunication and assured the court that a departmental inquiry would be initiated.
'After his warm and affectionate farewell speech, the Chief of Staff of the formation asked me, "So, now you are off to Coorg to look after your coffee estates?"' For the last time, in Army uniform and much to his surprise, I replied, "Sir, I am not from Kodagu.".'
Macroeconomic data announcements, trading activity of foreign investors and global trends will guide equity market movement this week, which would also mark the beginning of the new calendar year and month, analysts said.
Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations, and the rupee logging its steepest single-day fall in nearly two years dampened investors' sentiment.
The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner. This move is seen as a fresh push to ready the market ecosystem to speed up the settlement cycle, which currently stands at T+1.
