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Through the past 18-month period, peace has prevailed in the disputed border regions, which was immensely helpful in the difficult situation that the country was passing through, observes Ambassador M K Bhadrakumar.
It was a combination of a traditionally English focus on the manager as leader and frontman with German coaching's attention to detail and allied with a management style more akin to the ultra-specialised world of American football.
'As valuations of large-caps appeared to be out of whack, investors started lapping up quality mid-caps and small-caps, which were available at relatively comfortable valuations.'
Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had an epic journey this year.
sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.
Tata Steel was the top loser in the Sensex pack, sinking over 5 per cent, followed by SBI, IndusInd Bank, Bajaj Finance, HDFC Bank and NTPC. NSE Nifty tanked 371 points to 16,614.20.
Mahindra and Mahindra was the top gainer in the Sensex pack, surging over 16 per cent, followed by Maruti, Titan, Bajaj Finance, HDFC, Bajaj Auto and Hero MotoCorp. On the other hand, HUL, Tech Mahindra, IndusInd Bank and Nestle were the laggards.
Aseem Chhabra lists his favourite films from the recent Toronto International Film Festival.
Spotlight likely on cement, metals, road cos
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
Markets
The phone is available for pre-order starting July 31, beginning at USD 610 for a 16GB model.
The NSE 50-share index finally concluded at 10,417.15, up 14.90 points
The Google Pixel 4a mobile phone, discovers Ashish Narsale, is all about photography and software experience.
Automobiles, banks, pharma and software firms growth drivers slowdown in cap goods, construction, power.
Hero MotoCorp was the top gainer in the Sensex pack, spurting 4.46 per cent. IndusInd Bank, Tata Motors, Vedanta, SBI, M&M, Sun Pharma, Tata Steel, HDFC and HDFC Bank too rose up to 3.63 per cent.
'There is a weak link between the economy and the stock market.'
Ashish Narsale/Rediff.com tells you what you need to know
The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
Kotak Bank was the top laggard in the Sensex pack, shedding over 2 per cent, followed by ITC, PowerGrid, M&M, HDFC, Asian Paints and NTPC. On the other hand, Maruti rallied over 4 per cent. Bharti Airtel, Axis Bank, IndusInd Bank and Bajaj Finance were also among the gainers.
Silver also declined by Rs 250 to Rs 35,400 per kg on reduced offtake by industrial units.
'Rising Covid cases and localised lockdowns are being closely monitored.'
India's planned transition to electric vehicles will drastically affect the commodities market, says Aditya Gandhi
With a massive 108 megapixel camera and bezel-less wrap around display, Xiaomi's Mi Mix Alpha comes in a protective glass body that may tempt you to own it. But is it worth the price?
When it comes to performance and affordability, how do these Indian headphones fare when compared popular international brands like JBL and Sennheiser?
Markets under pressure; IT financials grab spotlight.
The trade impact of the coronavirus epidemic for India is estimated to be about 348 million dollars (approximately Rs 25 billion) and the country figures among the top 15 economies most affected as slowdown of manufacturing in China disrupts world trade, according to a UN report. Estimates published by United Nations Conference on Trade and Development on Wednesday said that the slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a 50 billion dollar decrease in exports across global value chains.
'In the short term, we may see some disruptions due to Covid, but in the medium-to-long term, we should keep an eye on US inflation and 10-year bond yields.'
Customers are now exploring value propositions while selecting credit cards.
Start the day with a glass of warm water, lemon, and a teaspoon of honey.
'One can start accumulating economy driven stocks in the next few months with a two-three year view.'
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
Indian companies will have to repay overseas debt worth $7.5 billion in the June quarter.
'My darker side is super dark and I'm not afraid of it.'
Check out these showstoppers at the film festival.
Top losers in the Sensex pack on Friday included Bajaj Finance, ONGC, IndusInd Bank, PowerGrid, L&T, Axis Bank, NTPC, Bharti Airtel, HDFC, HDFC Bank and Kotak Mahindra Bank, falling up to 2.08 per cent.
Other assets suffered badly, experts feel that the yellow metal and debt will continue good show.