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.
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 BJP's nationwide vote share saw its steepest decline in Rajasthan, falling by 9.23% from 2019, resulting in the loss of 11 seats.
The MLAs inducted into the Rajasthan cabinet are Meena, Madan Dilawar, Rathore, Gajendra Singh Khimsar, Babulal Kharadi, Jogaram Patel, Suresh Singh Rawat, Avinash Gehlot, Joraram Kumawat, Hemant Meena, Kanhaiya Lal Choudhary and Sumit Godara.
Market chatter suggests that the BJP could win fewer than 300.
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.
'My character Meena seemed like a selfish, cold, heartless woman, who abandons her lover because he is moneyless. But look the girls today. They are as practical as my Meena was in Pyaasa so many years ago.'
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.
The situation in the Banbhoolpura area in Haldwani, the epicentre of the mob violence last week, was normal on Monday as additional troops of paramilitary forces were deployed to maintain law and order, officials said.
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.
Under India's laws bigamy is disallowed and those in breach of the law don't submit affidavits testifying to this status.
Bollywood doesn't need fire-breathing dragons when it has Bhai.
Bollywood has a history of making heads turn -- theirs and everybody else's -- in shiny hair accessory.
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.
Investors' wealth eroded by Rs 9.51 lakh crore on Monday morning, following a crash in equity markets where the benchmark Sensex tanked over 2,400 points, mirroring a sharp plunge in global peers. The 30-share BSE benchmark tanked 2,401.49 points to 78,580.46 in early trade. Following the sharp decline in equities, the market capitalisation of BSE-listed firms dropped by Rs 9,51,771.37 crore to Rs 4,47,65,174.76 crore ($5.35 trillion) during the morning trade.
Trading in the equity market will largely depend on two major events this week - general elections result and the RBI interest rate decision - analysts said, adding that the benchmark indices may rally on Monday on exit polls' prediction of a massive win for the BJP-led NDA and strong GDP data. Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the NDA expected to win a big majority in the polls. Counting of votes will take place on June 4.
Global trends, macroeconomic data announcements and the start of the earnings season would be the major drivers for the equity markets in a holiday-shortened week, analysts said. Equity markets will remain closed on Thursday for Eid-Ul-Fitr. Trading activity of foreign investors, rupee-dollar trends and crude oil prices would also guide trends in markets.
The father of teenager Aryan Mishra, who was shot dead allegedly by cow vigilantes in a car chase in Faridabad, is restless with many questions about the death, such as why none of the other passengers in the vehicle were hurt in the attack.
Speaking exclusively to rediff.com he said that the Gujjars did not fulfill any of the conditions that are necessary to get ST status.
A division bench of Justice Saumitra Dayal Singh and Justice Manjive Shukle observed in its order issued on Monday that taking a child by way of adoption or foster care is neither contrary to the practices prevailing in societies nor is something to be looked down upon.
'Pandi was promised something, that is not happening, so his anger is not of a villain's.' 'That's how all normal humans would react, or they stay silent.' 'Our violence is our silence. So in this world, everybody is innocent.'
In India elections are never fought in a straight line. It's fought on many issues, at many levels, with multiple emotions and with a bit of good luck, too. Sheela Bhatt reports from Rajasthan.
Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data.
Rajsamand MP Diya Kumari and Jaipur Rural MP Rajyavardhan Singh Rathore are among the seven BJP parliamentarians who will contest the Rajasthan Assembly polls, according to the first list of 41 candidates issued by the party on Monday.
The Hyundai Venue car had five occupants, four of them students of Delhi University colleges, who were returning from a birthday party at a pub in neighbouring Gurugram.
Ministers' resignation accepted, portfolios farmed out
Geopolitical events, macroeconomic data and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said. Stock markets will remain closed on Wednesday for Ram Navami. "This week promises to be crucial for the market as fresh worries about a potential conflict between Iran and Israel emerge.
When you are in love, you are preoccupied just with that.' 'Nothing else registers. It's like being drugged.'
With the absence of any major immediate domestic trigger in sight, investors would focus on global trends and trading activity of foreign investors for further cues in a holiday-shortened week ahead, analysts said. Movement of global oil benchmark Brent crude and rupee-dollar trend would also guide the market. "This week is a truncated one with no major triggers expected. However, we anticipate sector-specific movements amid budget-related buzz.
Mumbai Police succeeded in hunting down Mihir Shah, accused in the BMW hit-and-run case and son of a Shiv Sena politician, after two days of painstaking probe when his friend made the mistake of switching on his mobile phone only for 15 minutes.
The Congress on Sunday replaced its candidate for the Jaipur Lok Sabha seat, fielding former Rajasthan minister Pratap Singh Khachariyawas after a section of party leaders objected to Sunil Sharma's nomination.
'We cannot thank her enough for what she has done for us.'
A number of bodies were kept at the district hospital in Hathras.
"It is suspected that some personal enmity is the reason behind the threat," the officer said, adding that they are investigating the case from all possible angles.
'I don't know of any happy moment in my life which has helped me to grow, whereas pain has always been a means to evolve.'
Dhami said several acres of land were freed from encroachment during the demolition drive in the 'Malik Ka Bagicha' area of Banbhoolpura.
As many as nine Kanwariyas died and several others were injured when their vehicle came in contact with a high-voltage overhead wire in Bihar's Hajipur.
Sukanya Verma quizzes you to find out just how much you know about the movies.
The incident took place at Chatra Upgraded School in Poraiyahat area, around 300 km from Ranchi, during school hours around 11 am, a senior police officer said.
