Tata Steel, Bajaj Finance, Mahindra & Mahindra, JSW Steel, NTPC, Adani Ports, Bajaj Finserv and Larsen & Toubro were also among the laggards. However, Power Grid, HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services and ICICI Bank were among the gainers.
Passive funds tracking the National Stock Exchange Nifty Next 50 Index have seen their assets under management (AUM) more than double in the past year. The index's growing popularity can be attributed to its robust 50 per cent return over the same period. Currently, the AUM of funds tracking the Nifty Next 50 index stands at nearly Rs 30,000 crore.
Investors' wealth on Monday surged Rs 4.21 lakh crore as markets bounced back after five days of fall. The BSE Sensex jumped 602.75 points or 0.76 per cent to settle at 80,005.04. During the day, it surged 1,137.52 points or 1.43 per cent to 80,539.81.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
Shyam Benegal, the shining beacon of the Indian cinema, was laid to rest on Tuesday around 3 pm with full state honours and a three-gun salute at Shivaji Park, central Mumbai.
Alia in concert... Sunny gets a new family member... Shraddha asks about your Sunday...
A poignant political play, needed for today's times, is being staged in Mumbai.
With several state administrations flattening the houses of those involved in criminal cases with bulldozers, the Supreme Court on Monday questioned how can anybody's house be demolished just because he is an accused.
'With his passing, Indian cinema has lost its most undaunted voice, a voice of unsettling truths, a window to history, a school of filmmaking.'
Mumbai, infamous for its voter apathy, stepped out to exercise its franchise on Wednesday.
The thrilling Web series The Night Manager bagged an Emmy nomination and its cast met up to celebrate the big event.
The Supreme Court on Friday ordered immediate medical aid for farmer leader Jagjit Singh Dallewal, who is on an indefinite fast at the Punjab-Haryana border. The court also urged farmers to adopt the Gandhian way of protesting and to ensure that Dallewal's life is saved. The court has formed a high-powered committee to make recommendations to the stakeholders regarding the farmers' grievances.
Malaika Arora's father Anil Mehta died by suicide, the police say.
'The demise of #ManmohanSingh ji who (looking back) presided over India's actual 'Acchey Din' feels like the end of an era when India was actually (more) democratic, when Indians were free(er) of fear & intolerance and when Indian public discourse had more decency.'
Sukanya Verma raises a toast to the top female performers of 2024.
'He was a visionary who redefined storytelling and inspired generations.'
The bench allowed the rejoinder affidavit to be filed by petitioners in two weeks thereafter and posted the matter for final hearing in January, 2025.
Younger people, who usually have a longer investment horizon which allows them to handle the interim volatility, may go for them.
All investors should ideally have a 10 to 15 per cent allocation to gold. Whether they invest in gold ETFs or SGBs should depend on their investment horizon.
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
The apex court said when a particular structure is chosen all of a sudden for demolition and the rest of similarly situated structures in the same vicinity are not even being touched, "mala fide may loom large".
Section 6A, which was incorporated in the Citizenship Act 1955 following the signing of the 1985 Assam Accord, was upheld by the Supreme Court.
The collective wealth of the 100 richest went past $1 trillion for the first time.
Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.
Two days after political commentator Pratap Bhanu Mehta resigned as a professor from the Ashoka University, his colleague, economist Arvind Subramanian, put in his papers on Thursday and faculty members wrote to the vice chancellor expressing their deep anguish.
Foreign investors have continued selling in the Indian market, pulling out a massive Rs 85,790 crore (around $10.2 billion) from equities this month due to Chinese stimulus measures, attractive stock valuations, and the elevated pricing of domestic equities. October is turning into the worst-ever month in terms of foreign fund outflows. In March 2020, FPIs withdrew Rs 61,973 crore from equities.
Allowing the Centre's review of the August 23, 2022 verdict, a bench Chief Justice of India DY Chandrachud, Justices PS Narasimha and Manoj Misra recalled the judgement delivered by a three-judge bench headed by former CJI NV Ramana.
Amid the ongoing debate over the Trinamool Congress seeking removal of Solicitor General of India Tushar Mehta over his alleged meeting with West Bengal Bharatiya Janata Party leader Suvendu Adhikari, TMC state general secretary Kunal Ghosh on Tuesday dropped unannounced at Mehta's residence, but was denied entry.
Some of the star guests at the wedding.
In a sudden development, the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets its products under the brand name 'Amul', on Monday ousted its long-serving Managing Director R S Sodhi but did not give any reason. However, Sodhi said he had requested the federation's board to relieve him of his duties. The federation's chief operating officer Jayenbhai Mehta has been given the interim charge of the managing director (MD).
She had worn it for a space theme party during Anant and Radhika's pre-wedding in London.
Kareena's cop, Rajni's supercop and Samantha's spy, it's a star-studded week on OTT this time. Sukanya Verma lists your options on OTT this week.
Customers frequently sign without reading the terms and conditions, resulting in a poor understanding of coverage, and eventually leading to partial payouts
Picking 10 excellent performances has been difficult but the attempt is to acknowledge the work of actors, who are often overlooked in favour of stars.
'At his wedding with Patralekha, I officiated as the groom's father as Raj has lost both parents, and that's the relationship we share today.'
Consider a combination of a base policy and a super top-up policy.
Earlier, the party's members of Parliament had written to Prime Minister Narendra Modi for removing Mehta over his reported meeting with West Bengal Bharatiya Janata Party leader Suvendu Adhikari.
Largecap, flexicap, and balanced advantage funds together recorded a net inflow of Rs 9,363 crore in August, representing a 70% increase from the previous month's total.