Equity investors will track the trading activity of foreign investors, global trends and ongoing earnings results for further cues, and benchmark indices may continue to witness consolidation in a holiday-shortened week amid the monthly derivatives expiry, analysts said. Markets fell sharply last week amid massive foreign capital outflows and dismal Q2 earnings so far. Weakness in the markets might continue in the near term amid cautiousness among investors ahead of the US presidential election early next month, an expert said.
Udai Pratap College in Varanasi is entangled in a land dispute with the Uttar Pradesh Sunni Central Waqf Board, which claims a mosque on the campus and surrounding land as Waqf property. The college administration rejects the claim. The dispute dates back to 2018 when a notice was sent to the college alleging the mosque and land were donated by the Nawab of Tonk to the Waqf Board. The college claims the mosque was built illegally and the land belongs to a trust. The Waqf Board attempted construction in 2022 but was stopped by police after the college complained. The college also alleges the mosque is stealing electricity. The mosque administration asserts ownership based on the Nawab's donation and claims a mutual agreement for electricity supply. The college, founded in 1909, has a long history of promoting education in the region.
In separate petitions submitted to the Odisha police, both parties alleged that the victim approached multiple police stations -- Puri Ghat, Sadar, and Barang --before her FIR was accepted by the Badambadi police station.
The victims, residents of Kareem Gumvat colony, belonged to the same family and were returning from a wedding function in Barauli village.
Police personnel removed him and his supporters from the protest site as they were holding the demonstration near a restricted area, and thus it was "illegal", a senior officer said.
A seven-year-old boy went missing in northwest Delhi's Ashok Vihar and his body was found hours later in a drain, with his mother alleging on Monday he lost his life because the drain was open and he would go there to relieve himself as the area lacks proper toilet facility.
Analysts are warning of growing risks to the market's sustained momentum, and even to the possibility of consolidation at current levels. Domestically, markets are grappling with several challenges, including a slowing economy, as indicated by the latest GDP data for the July-September (Q2) quarter of 2024-25 (FY25), sticky inflation, fluctuations in the rupee, waning consumption, and high interest rates.
'I have a really strong support system at home and they keep me going.'
RBI interest rate decision, macroeconomic data and global trends would guide markets' movement this week, analysts said. Besides, trading activity of foreign investors and the last batch of Q1 earnings announcements would also guide trends in equities. HSBC PMI (Purchasing Managers' Index) for the services sector is scheduled to be announced on Monday.
Jan Suraaj founder Prashant Kishor has begun a fast unto death in Patna, demanding the cancellation of a recent examination held by the Bihar Public Service Commission (BPSC). Kishor's hunger strike comes after he gave a 48-hour ultimatum to the Nitish Kumar government to act on the demand, raised by aggrieved candidates who allege the exam was rigged. The administration has declared the hunger strike illegal as it is not the designated site for protests.
The US Federal Reserve's interest rate decision is the biggest event that would drive sentiments in the domestic stock market this week, besides a host of macroeconomic data from the global front and trading activity of foreign investors, analysts said. The Indian equity market had an exceptional last week, with both the Nifty and Sensex hitting their all-time high levels on Thursday.
Students at Udai Pratap College in Varanasi, India, protested demanding the removal of a mosque located on the campus. The protest came after tensions arose when a section of students recited Hanuman Chalisa near the mosque while prayers were being offered. The college administration has denied claims by the Uttar Pradesh Sunni Central Waqf Board that the mosque and surrounding land are Waqf property, stating that the mosque was built illegally. The college administration has also accused the mosque of stealing electricity.
Aseem Chhabra picks his top 10 Indian films of 2024, which includes films that have had theatrical releases or are streaming on OTT.
Over 100 writers, translators, and publishers have signed an open letter accusing the "JCB Prize for Literature" of hypocrisy, highlighting the British bulldozer manufacturer's role in demolitions across India and Palestine. They argue that the JCB's involvement in these projects contradicts its purported support for marginalized and diverse writers. The letter was released ahead of the announcement of the JCB Prize for Literature winners on November 23.
Mumbai, infamous for its voter apathy, stepped out to exercise its franchise on Wednesday.
The US Fed interest rate decision, ongoing quarterly earnings, macroeconomic data and FII trading activity are the major triggers that will drive stock markets this week, analysts said. Investors would also track global market trends and the movement in global oil prices for further cues. "This week, the focus will shift to global cues, particularly the US markets," Santosh Meena, Head of Research, Swastika Investmart Ltd said.
Two malls in Gurugram and Noida were evacuated on Saturday after they received bomb threat emails with police later saying that nothing suspicious was found following anti-sabotage checks.
Pragati Kharya, a resident of Sanigawan in Kanpur who was pursuing a PhD in Earth Sciences, died by suicide inside her hostel room D-116 in hall number-4 during the intervening night, but the matter came to light on Thursday noon, they said.
As the results season kicks in, the quarterly earnings numbers of several blue-chip firms -- such as Infosys and Reliance Industries -- along with global trends and trading activity of foreign investors, will determine equity market movement in the holiday-shortened week ahead, according to analysts. The domestic WPI inflation data for June -- scheduled to be announced on Monday -- will also influence trading sentiments, traders said. Markets will remain closed on Wednesday for Muharram.
According to the police, the incident occurred on Wednesday evening when the victim's family reported the kidnapping of their daughter from the Kapashera area.
The AAP govt has asked ACB's Additional Commissioner SS Yadav to supervise the main work including investigation and functioning of the anti-graft body.
The F-56 is a seating field event class for differently-abled athletes.
Reader Santhosh has sent us this photograph of the star.
Bypolls will be held on Wednesday in 31 assembly seats spread across 10 states and Kerala's Wayanad Lok Sabha constituency, from where Congress general secretary Priyanka Gandhi Vadra is making her electoral debut. Though these bye-elections are not going to have any bearing on the governments, they are seen as a big test for the Congress and the INDIA bloc which failed to put up a united show in the recent Haryana assembly polls. Most of these seats fell vacant after the sitting MLAs contested the Lok Sabha elections and won while in some constituencies, the bypolls are being held due to death of the representatives. The Wayanad seat was vacated by Rahul Gandhi, who also won from the Rae Bareli parliamentary constituency which he kept. Voting will be held in seven seats in Rajasthan, six in West Bengal, five in Assam, four seats in Bihar, three in Karnataka, two seats in Madhya Pradesh, and one seat each in Chhattisgarh, Gujarat, Kerala and Meghalaya. Votes will be counted on November 23.
Bollywood doesn't need fire-breathing dragons when it has Bhai.
Meena, however, refused to elaborate on the incident, which is seen as an attempt at 'badabandi' -- holing up elected leaders in resorts as a show of strength.
Rajasthan Food and Supply Minister Kirorilal Meena on Wednesday refused to withdraw his resignation, which he had submitted to Chief Minister Vasundhara Raje last Sunday, on the Gujjar issue. Breaking his silence over the matter, Meena told a press conference in Jaipur that even if the chief minister requested him to take back his resignation, he would not do so.
The deceased have been identified as Heeralal Sharma, who worked as a carpenter at the Indian Spinal Injury Centre in Vasant Kunj for the last 28 years, and his four daughters -- Neetu (26), Nikki (24), Neeru (23) and Nidhi (20). The bodies, found on Friday afternoon, did not have any injury mark.
With the earnings season drawing to a close, stock markets will take cues from global trends and foreign investors' trading activity this week, analysts said. The US FOMC (Federal Open Market Committee) minutes will be the major highlight this week, experts said. "This week, there are fewer cues on the macro and micro fronts, as the Q1 earnings season has concluded.
The role of Meena Hembram and 20 others came to limelight after the Meena Gupta panel, which submitted its reports to the union Ministry of Environment and Forest on October 18, pointed out that there were seven tribal families living in villages demarcated to house the 12 mtpa steel mill.
CBI have registered a disproportionate assets case against Meena, an IRS officer of 1977 batch, and claimed to have recovered so far cash of Rs 16 lakh from his possession, sources said.
When contacted, Meena refused to say anything about his resignation. "He has sent his resignation to the chief minister," an official told rediff.com.
In the case that has brought back memories of the infamous Shraddha Walkar killing, Mahalakshmi's body was found on Saturday in the refrigerator in her flat at Vyalikaval in Bengaluru.
Quarterly earnings from corporates, the US Fed interest rate decision and other global trends will be the major driving factors for determining movement in the domestic equity market in a holiday-shortened week ahead, analysts said. Besides, factors like trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also influence trading.
The BJP's nationwide vote share saw its steepest decline in Rajasthan, falling by 9.23% from 2019, resulting in the loss of 11 seats.
"Preparations for the regular budget are on... priorities are listed in the manifesto. (These) Will get reflected in the finance minister's budget speech," said the new minister of state for finance Namo Narain Meena. 'The focus of the new measures will be to stimulate demand in the domestic economy and to ensure there is more purchasing power in the hands of the people and more liquidity in the hands of the companies,' the Congress manifesto says.
Equity benchmark BSE Sensex tumbled nearly 700 points to sink below the 79,000 level on Tuesday, extending its losses for the second straight day due to selling pressure in HDFC Bank, SBI and ITC amid fresh foreign capital outflows. The 30-share BSE Sensex tumbled 692.89 points or 0.87 per cent to settle at 78,956.03. During the day, it tanked 759.54 points or 0.95 per cent to 78,889.38.
Ansar Burney, a top Pakistani lawyer and human rights activist, said that Ghulam Haider, Seema's Pakistani husband, had approached him for help in getting custody of his four children.
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