Stock markets would be largely driven by macroeconomic data, auto sales numbers, FII inflows and global trends this week, analysts said. The US debt ceiling negotiations and institutional flows will also be watched by investors. "This week, market participants will closely monitor institutional flows, as there is a historical observation that when both FIIs and DIIs become net buyers simultaneously, there is a likelihood of some profit-booking in the market," said Santosh Meena, head of research, Swastika Investmart Ltd.
'We look at the opportunities that are going to come in various fields in the next 5 to 10 years, do some research and come up with business plans.' 'Then, we go and seek out founders who will run the actual business.'
A curfew was imposed in Haldwani on Thursday after local residents set vehicles and a police station on fire and hurled stones, injuring more than 60 people, over the demolition of an 'illegally built' madrasa and an adjoining mosque, officials said.
Rating agency Fitch on Tuesday downgraded the US government's top credit rating to AA+ from AAA, citing fiscal deterioration over the next three years and repeated debt ceiling negotiations. The development caused a flutter across equity markets, with most leading frontline global equity indices trading weak. Back home, the S&P BSE Sensex and the Nifty50 lost over 1 per cent each in intra-day deals to hit a low of 65,751.53 and 19,517.55 levels, respectively.
The US Federal Reserve's interest rate decision, global cues, macroeconomic data announcements and the ongoing quarterly earnings are the major triggers that will dictate trends in stock markets this week, analysts said. Besides, the trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked. "All eyes are on the outcome of the US Federal Reserve meeting scheduled for November 1, particularly due to the multi-year high levels of the US bond yields.
Dressed in traditional finery, Muslims across India offered prayers at mosques and eidgahs on the occasion of Eid-ul-Fitr on Thursday, marking the end of the holy month of Ramzan.
A voter turnout of over 40 per cent was recorded till 1 pm on Monday in the fourth phase of Lok Sabha elections in 96 constituencies spread over 10 states and Union Territories amid incidents of violence in Andhra Pradesh and reports of poll boycott in some villages of Uttar Pradesh.
A Regional Meteorological Centre bulletin said a cyclonic circulation is now seen over the Comorin area and its neighbourhood, extending up to mid tropospheric levels.
Domestic stock markets would be driven by inflation numbers, global trends, and the last batch of Q4 earnings this week, analysts said. Markets will also react to industrial production data and consumer inflation numbers that were released after market hours on Friday. "Participants will react to macroeconomic data viz. IIP and CPI first, which were released post-market hours on Friday.
Seema Haider, a Pakistani national, recently entered India illegally to marry her lover Sachin Meena, a resident of Greater Noida. The two had become friends while playing online game PUBG.
The ongoing second quarter earnings, movement of oil benchmark Brent crude and the uncertainty in the Middle East would dictate terms in the domestic markets this week, analysts said. Furthermore, the activities of Foreign Institutional Investors (FIIs) will also influence trading in the markets. "A slew of earnings reports from heavyweights expected this week will significantly impact market direction.
Inflation data, global trends and foreign fund trading activity would guide equity market movement in a holiday-shortened week, analysts said. Stock markets would remain closed on Tuesday for Independence Day. "Macroeconomic indicators, rupee and FII activities will be pivotal in shaping market trends in the coming days.
The police sub-inspector accused of raping a minor girl in Rajasthan's Dausa district has been arrested and a case registered against him under relevant sections, including Protection of Children from Sexual Offences (POCSO) Act and the SC/ST Act, officials said on Saturday.
Uttar Pradesh Special Director General of Police Prashant Kumar on Wednesday said it would not be appropriate to say if Pakistani citizen Seema Haider, who entered India illegally in May and is staying with her partner in Noida, is a spy "unless we have enough proof".
Dismissed RPF constable Chetansinh Chaudhary, accused of killing his senior colleague and three passengers on a moving train, appears to have harboured "anger and grudge" towards a particular community and showed no remorse for the crime committed, the police said in its response to his bail.
Former deputy chief minister Sachin Pilot on Tuesday alleged that the Bharatiya Janata Party government at the Centre had 'failed in every field' and claimed if the Congress wins in upcoming state elections, then the Indian National Developmental Inclusive Alliance (INDIA) will form a coalition government in 2024.
Bidhuri's responsibility will be akin to the party's poll in-charge of the district, sources said.
He showed a video of Solanki and Poonia purportedly entering a hotel and exiting a hotel room one after the other.
Seema Ghulam Haider and Sachin Meena got in touch while playing PUBG in 2019 as a dramatic love story unfolded between the two living more than 1,300 km apart, in countries not too friendly to each other.
'The key to her cupboard is with me. People have been requesting me to open it.' 'I've made it very clear. Nothing in her room or cupboard will be touched as long as I am there.'
A magistrate's court in Mumbai, which denied permission for subjecting dismissed RPF constable Chetansinh Chaudhary, accused of shooting four persons dead on a moving train, to narco tests has said in its reasoning that to remain silent is an accused person's fundamental right.
The family later performed the funeral on a land near the platform.
The move of the Arvind Kejriwal-led party has further reduced the possibility of the INDIA bloc alliance working in the MP elections.
Union Minister of State Kailash Chaudhary was among the first to cast his vote, exercising his franchise in Balotra.
Some politicians were found to sponsor pilgrimage of their voters -- the most preferred destinations being Tirupati in Andhra Pradesh, Manjunatha Swami temple in Dharmasthala in Karnataka and Shirdi in Maharashtra.
As India mourns Lata Mangeshkar's passing, Namrata Thakker takes a look at the Legend's life through these amazing pictures.
The victim's son said he visited the police station in suburban Mumbai that is handling the case multiple times and met the investigating officer, but did not get any cooperation.
Dinesh Raheja doffs his hat to the movie legend, who will be honoured with the Dadasaheb Phalke Award this year.
Amid speculation over Congress leader Sachin Pilot's next move, sources close to him on Tuesday said he was firm on his demands, including action against alleged corruption during the previous Vasundhara Raje government, and was waiting for a definitive response from the party high command.
Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services industry and helping shape its future. Barron's is a sister publication of the Wall Street Journal, published by Dow Jones and Company. "The list honours established and emerging leaders in financial services, the corporate world, nonprofit organisations, and government," the magazine said in a press release.
The minister, however, said that the win or loss does not belong to a specific person and it is the decision of the public to elect a particular candidate.
With this, the ruling BJP has so far declared candidates for 136 seats. Earlier, the BJP had announced 79 candidates, including two lists of 39 each, and another list of one nominee.
The BJP has played the social engineering card in Rajasthan with an eye on the Lok Sabha election where the party will try and retain all the 25 seats that it had won in the 2014 and 2019 elections.
'The water crisis is so obvious that people see no point begging for it from politicians.'
Equity market will be guided by global trends, macroeconomic data announcement and foreign fund movement in a holiday-shortened week ahead, analysts said. Movement of the rupee and Brent crude oil will also remain in focus this week, they added. "The bulls need some support from global markets to continue Friday's momentum.
The probe committee comprises principal chief security commissioners of the Western Railway and the Central Railway, principal chief commercial manager of the North Western Railway, principal chief medical director of the North Central Railway and principal chief personnel officer of the West Central Railway.
In its first list for the upcoming assembly polls in Madhya Pradesh, the ruling BJP has focused on seats it lost in 2018 and some of them even in 2013, and has reposed faith in 14 candidates, including three former ministers, who lost last time.
Jyothi Yarraji and Jeswin Aldrin win silver each in Asian Indoor Athletics Championships
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.
