India's manufacturing sector activities gained further strength in October as companies scaled up production and stepped up input purchasing in anticipation of further improvements in demand, a monthly survey said on Monday. Robust gains in new work aided production growth in October as output and new orders expanded at fastest rates in seven months, while business optimism hit a six-month high, the survey said. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) rose from 53.7 in September to 55.9 in October, pointing to the strongest improvement in overall operating conditions since February.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
'Private banks are well-placed to deliver good performance over the next six months.'
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
"This is unbelievable. It is surreal... I was at the gym. I just found out about the nomination," said Gourav, whose previous credits include "My Name is Khan" and "Mom".
Seven-times Formula One world champion Lewis Hamilton will race in Sunday's inaugural Miami Grand Prix after Formula One swerved a showdown with the Mercedes driver over their ban on piercings and jewellery.
After winning awards at Sundance and Cannes, Director Shaunak Sen's All That Breathes has now been nominated for an Oscar in the Documentary Feature Film category.
Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.
Sensex rally was driven by Bajaj FinServ, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60.
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
'We revolutionised the system in a manner so that the chances of leakage will be much lower than it was in the beginning.'
Nestle India was the top laggard in the Sensex pack, shedding around 2 per cent, followed by SBI, HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries, HUL and Dr Reddy's. NSE Nifty slipped 20.10 points to 15,670.25.
Bajaj Auto on Monday unveiled a 150 cc bike 'V', which contains metal from India's first aircraft carrier INS Vikrant.
Dhruv Kapoor gave punk a whole new meaning, while Rimzim Dadu kept it minimalistic on Day 2 of AIFW.
Tata Steel was the top loser in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ICICI Bank, SBI, Kotak Bank and Dr Reddy's. NSE Nifty dropped 151.75 points to 15,727.90.
Salman Rushdie, the Mumbai-born author of the Booker Prize-winning novel Midnight's Children, was attacked by a man who stormed the stage during an event in New York on Friday while he was getting ready to deliver a lecture.
Volkswagen's new SUV is set to lock horns with half a dozen rivals, says Pavan Lall.
The supermodel wowed in an off-shoulder silver creation.
Olympic champion Neeraj admitted that his comeback from outside the medal position midway into World Athletics javelin throw final was 'challenging, but he knew that a good throw was around the corner.
'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
Despite unprecedented levels of uncertainty in Samvat 2077, investors have little to complain about on the returns front. The BSE Sensex delivered returns of 38 per cent in this period, while the Nifty registered a return of over 40 per cent. As is the case in bull markets, companies in the small- and mid-capitalisation basket outperformed the benchmarks, with returns almost twice those of frontliners.
The year is ending, but the OTT shows no signs of slowing down. Sukanya Verma brings you everything you can catch this week.
The explosion took place in the wash room of the second floor of the court complex, said police.
'Bollywood actresses like Parveen Babi and Zeenat Aman were huge inspirations, and they have stuck with us.'
Dr Reddy's was the top loser in the Sensex pack, shedding around 5 per cent, followed by M&M, Tech Mahindra, Axis Bank, IndusInd Bank and TCS. NSE Nifty sank 306.05 points to finish at 14,675.70.
The model shimmered on the catwalk in a dress with a gaping neckline at the Paris Fashion Week.
The broader NSE Nifty too advanced 50.70 points, or 0.43 per cent, to close at 11,941.30.
Prices of all metals - from steel to copper, aluminium, zinc and lead - have shot up by about 5-11 per cent in the past month. Commodity inflation is raising its head, forcing companies to consider price hikes.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC.
In business too, losing finalists really get nowhere, get nothing. It is purely 'winner takes all', observes Sandeep Goyal, managing director, Rediffusion.
Her latest mag cover will make your heart beat faster.
Customs officials are busy at ports and airports, scanning passengers to ensure that COVID-19 virus-affected people are traced. So, officials are not able to focus much on baggage checking. This could lead to more gold getting smuggled into the country as luggage check at airports is now random unlike earlier where every bag was checked thoroughly.
The RBI has shelved its plan for polymer notes more than a decade after it invited interest from global manufacturers for one billion pieces of Rs 10 denomination polymer banknotes, reveals Tamal Bandyopadhyay.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
Russia's war on Ukraine has sent steel prices soaring to its highest levels in the domestic market since November 2021. But there is little cheer in the industry. That's because input costs are spiralling out of control, leaving the big boys nearly as high and dry as the small, medium and secondary steel producers. Russia and Ukraine are major providers of steel and raw materials to the world.
Reliance Industries on Friday reported a 41.5 per cent jump in its third quarter net profit as oil, retail and telecom businesses fired on all cylinders. Net profit of Rs 18,549 crore in October-December compared with Rs 13,101 crore a year back, the company said in a stock exchange filing. Income from operations rose to Rs 1.91 lakh crore from Rs 1.28 lakh crore.
