The markets may be entering a consolidation phase and are expected to trade sideways for now after a good run in the last few weeks, suggest analysts. In this backdrop, they suggest investors can book profits at the current levels and enter the market again on a decline from a medium-to-long term perspective. Thus far in fiscal 2023-24 (FY24), the S&P BSE Sensex has moved up around 5 per cent to nearly 62,000 levels.
Bharatiya Janata Party MP Kirodi Lal Meena moved for leave to introduce the bill to provide for the constitution of the national inspection and investigation committee for preparation of a Uniform Civil Code and its implementation throughout India and for matters connected therewith during the private member's business.
Among the Sensex firms, Bajaj Finance emerged as the biggest gainer by climbing 2.95 per cent. Tata Motors, Bajaj Finserv, IndusInd Bank, Sun Pharma, Mahindra & Mahindra, State Bank of India, Larsen & Toubro, HDFC, HDFC Bank, Maruti, Reliance Industries and Bharti Airtel were the other major winners. HCL Technologies, Axis Bank, ICICI Bank, Tech Mahindra and Titan were among the laggards.
Members of the community held a meeting with social justice department officials in Jaipur, according to a statement.
Odisha Chief Minister Naveen Patnaik's private secretary V K Pandian played audio of the CM at a public meeting in Barpali in which Patnaik can be heard telling the people that he has sent the IAS officer so that they can tell their grievances to him.
Seeking his custody, the police told the court that the mental health condition of the accused constable was yet to be conducted and that he was not cooperating with them.
Equity markets will be driven by the outcome of the US Federal Reserve's interest rate decision this week, analysts said. Moreover, equity benchmarks will also continue to be guided by foreign fund movement and trend in Brent crude oil, they added. "The global markets are looking nervous after the US inflation numbers, which have caused the dollar index to hover around 110," said Santosh Meena, head of research, Swastika Investmart Ltd. Now everyone is eyeing the outcome of the upcoming US Federal Open Market Committee (FOMC) meeting.
The assailants fired indiscriminately at the temple built by the local Hindu community on Sunday, prompting a police unit led by Kashmore-Kandhkot SSP Irfan Sammo to reach the scene.
An injured eight-year-old boy was killed along with his mother and another relative when an ambulance with the three on board was waylaid by a mob and set ablaze in Manipur's West Imphal district, officials said.
Seema Ghulam Haider, around 30, and Sachin Meena, around 25, were arrested on July 4. While Seema was charged with illegally entering India, Sachin was booked for sheltering the illegal immigrant.
The state's former deputy chief minister has also demanded disbanding of the Rajasthan Public Service Commission and its reconstitution, and a compensation for those affected by government job exam paper leak cases.
The DGP clarified that the UP Police has however, not arrested any person from Odisha.
'The credit for giving me my first major break goes to Master Ghulam Haider.'
The Western Railway tonight said it has digitally transferred Rs 10 lakh in the savings bank account of the victim's wife.
Initiating the debate on the bill from the opposition's side, Congress leader Sonia Gandhi said that any delay in bringing the reservation into effect would be "gross injustice" to Indian women.
Rajasthan Chief Minister Ashok Gehlot on Friday sacked Rajendra Gudha as minister of state, hours after he cornered the state government in the assembly.
Congress in-charge for Rajasthan Sukhjinder Singh Randhawa on Wednesday started one-to-one meetings with state ministers and MLAs amid attempts by the party's central leadership to broker peace between Chief Minister Ashok Gehlot and dissident leader Sachin Pilot ahead of assembly polls due later this year.
Officials of the Central Bureau of Investigation have been handed over two FIRs -- one filed by police at the Lamphel station and the other filed by the boy's father -- Joshua Hangsing -- at the Kangpokpi police station.
The market capitalisation of BSE-listed firms reached an all-time high of Rs 288.50 lakh crore on Wednesday amid an ongoing rally in equities, as the benchmark Sensex settled above 63,000-level for the first time ever. The 30-share BSE barometer climbed 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record closing high. During the day, the benchmark jumped 621.17 points or 0.99 per cent to 63,303.01, its lifetime intra-day peak. Extending its winning momentum to seventh day, the Sensex has rallied 1,954.81 points or 3.19 per cent during this time.
The National Stock Exchange (NSE) will shift the expiry of Bank Nifty derivatives contracts from Thursday to Friday, after smaller rival BSE did so earlier. The change, effective July 7, will apply to both weekly and monthly futures and options (F&O) contracts of the widely traded banking sector index. The first Friday expiry will be on July 14, 2023. NSE dominates the derivatives segment.
The 34-year-old Indian woman was staying at her 29-year-old Pakistani friend Nasrullah's home in the Upper Dir district of Khyber Pakhtunkhwa. They became friends on Facebook in 2019.
Some of the celebrities whose names and details were used by the fraudsters are Abhishek Bachchan, Shilpa Shetty, Madhuri Dixit, Emraan Hashmi and Mahendra Singh Dhoni, Deputy Commissioner of Police (DCP) of Shahadra Rohit Meena said.
Attacking the Congress government, the BJP claimed there is no rule of law in Rajasthan and the incident has put a question mark on the law and order situation of the state.
At this poignant historic moment one can only wish that institutions are not built by bricks and mortars, but also by the rich Parliamentary traditions which have stood the test of time which needs to be strengthened by all stakeholders, notes Rup Narayan Das, a former joint secretary of the Lok Sabha Secretariat.
Sukanya Verma quizzes you to find out just how much you know about the movies.
Reliance Industries Limited on Wednesday became the first Indian company to hit the Rs 19 lakh crore market valuation mark following a rally in its share price. The market heavyweight stock jumped 1.85 per cent to its record high of Rs 2,827.10 on the BSE. Following the gain in the share price, the company's market valuation jumped to Rs 19,12,814 crore in morning trade on the BSE.
'She has worked really hard after coming back from injury. The strength and conditioning team have worked really hard to get her in peak physical shape. Technically, she will be using a stiffer and longer pole.'
Manish Tewari, Prithviraj Chavan, Anand Sharma and Bhupinder Hooda are the members of the pro-reform G23 group who wrote a letter to party's interim president Sonia Gandhi.
Industrial production and inflation data, quarterly earnings from IT majors and global trends would drive the equity markets in a holiday-shortened week, analysts said. Moreover, foreign fund trading activity, movement of the rupee and global crude oil prices would also dictate terms in the market, they added. Equity markets would remain closed on Friday for 'Dr Baba Saheb Ambedkar Jayanti'.
While 39 members of the all-important panel are general members, it has 32 permanent invitees, including some in-charges of state and 13 special invitees.
The 15 ministers were sworn in on Sunday for the expanded Gehlot cabinet, fulfilling a key demand of former deputy chief minister Sachin Pilot whose rebellion last year shook the state's Congress government.
Pilot said he is not backing down from the stand he has taken against the state Congress government saying he is "politely requesting" it to take action in corruption cases from the previous dispensation.
Land attachment and auction is being undertaken by banks that are controlled by the RBI, Gehlot said, urging the Centre to waive farmers' loans.
Zaggle Prepaid, Cyient DLM, Healthvista India, Rashi Peripherals and Vishwaraj Sugar Industries have obtained the green signal to launch their initial public offerings (IPOs). The approvals come at a time when capital raising by way of IPOs has slowed to a crawl, with only four issues hitting the market so far this calendar year. Recently, the Securities and Exchange Board of India (Sebi) issued final observation letters on their draft red herring prospectuses (DRHPs), which is akin to getting approval to hit the markets.
Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.
'I could have never imagined such a day would come and bring light and celebration of light.'
Global trends and the Covid situation in China would drive the equity markets this week, which may also see volatility amid the scheduled derivatives expiry on Thursday, said analysts. According to analysts, investor sentiment remained subdued last week amid surging Covid cases in China and a few other nations. Also, stronger US growth data has cemented expectations of the Federal Reserve continuing with its hawkish stance, which added to the muted trend.
The death of a 20-year-old engineering student on a railway track in Raisen district of Madhya Pradesh has left the police baffled due to a chilling WhatsApp message talking about the "beheading punishment for disrespecting Nabi" (Prophet Mohammed) sent from his mobile phone shortly before his death.
The Ashok Gehlot-led Congress government will have a total of 30 ministers, including 18 who had resigned earlier.
A married Indian woman has travelled to Pakistan's northwestern Khyber Pakhtunkhwa province to meet her friend whom she befriended and fell in love with on Facebook, police said on Sunday.
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