Three fund managers share their views and state where they are looking for value.
Equity benchmark Sensex rebounded 454 points on Thursday, boosted by gains in index heavyweight Reliance Industries amid a positive trend in global markets.
The Nifty had added more than a hundred points in the past two trading sessions, and infact, comprehensively crossed the 5500 mark on Thursday. The market breadth was negative. Of the 3,071 shares traded on the BSE, 1,602 stocks have declined while 1,353 have advanced.
ONGC was the top gainer in the Sensex pack, surging around 7 per cent, followed by IndusInd Bank, Infosys, Tech Mahindra, Reliance Industries, HCL Tech and TCS. On the other hand, HDFC, ICICI Bank, Axis Bank, SBI and M&M were among the laggards.
A Delhi Police Crime Branch team led by encounter specialist Rathi had on March 31, 1997, fired indiscriminately after suspecting that the businessmen were Uttar Pradesh-based gangsters wanted by the police.
The infrastructure sector, however, felt the package was insufficient and wanted additional measures. "The government's package is inadequate. We expected at least $20 billion relief package, giving emphasis to the infrastructure sector.
Bajaj Finance was the top gainer in the Sensex pack, climbing over 5 per cent, followed by Kotak Bank, SBI, PowerGrid, Axis Bank, HDFC Bank and Reliance Industries. On the other hand, HUL, Bharti Airtel, TCS, ONGC and Maruti were among the laggards.
The then assistant commissioner of police S S Rathi and nine other policemen were given life terms on Wednesday for killing two businessmen in a fake encounter at Connaught Place, Delhi, in 1997.
A Delhi court on Tuesday convicted 10 policemen, including suspended Assistant Commissioner of Police S S Rathi, for killing two innocent businessmen in the 1997 Connaught Place shootout case. The court is scheduled to pronounce the quantum of the sentence on October 24.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
Stock market expert Rajan Malik offers some valuable tips.
Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.
A Delhi court on Saturday awarded life imprisonment to three persons for attempting to murder members of a Sikh family, during the 1984 riots, and imposed a fine of Rs 6 lakh for being involved in the crime. Mangal Sen alias Billa, Brij Mohan Verma and Bhagat Singh were held guilty of attempt to murder, rioting and dacoity in Shastri Nagar in north Delhi by Additional Sessions Judge S S Rathi on August 22.
Equity stake, flexible terms attract talent from Wall Street firms to local peers.
IndusInd Bank was the top gainer in the Sensex pack, zooming over 12 per cent, followed by Bajaj Finance, Axis Bank, ICICI Bank, Tech Mahindra, Bajaj Finserv and Kotak Bank. On the other hand, ITC, NTPC, Titan, Reliance Industries and ONGC were the laggards.
India's first unicorn Zomato will make its stock market debut on Friday, marking a historic moment for the domestic capital market. As per initial schedule, Zomato's listing was to take place on July 27. However, investment banks managed to complete the share allotment and listing formalities ahead of the deadline. Under the Sebi framework, the timeline between IPO closing and listing has to be six working days. Zomato's IPO had closed on July 16.
Many years during which monsoons were poor saw high returns, while normal or excess rainfall has also coincided with poor calendar year gains.
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Live chat on Wednesday, March 12, at 4 pm with investment expert Feroze Azeez.
Six hospitals in the national capital have exhausted their oxygen supply while seven others have less than five hours of oxygen left, Deputy Chief Minister Manish Sisodia told Union Health Minister Harsh Vardhan on Thursday.
'Their income will reduce, but not the fees.'
NTPC was the top gainer in the Sensex pack, rallying nearly 6 per cent, followed by ICICI Bank, Titan, L&T, SBI, Sun Pharma and Nestle India. On the other hand, HCL Tech, Kotak Bank, Tech Mahindra, Hero MotoCorp and Infosys were among the laggards.
V-Guard, one of India's leading electrical and electronic companies, is all set to enter the capital market with an initial public offer of around Rs 70 crores
Chautala was jailed in 2013 in connection with the teacher recruitment scam case. He was on emergency parole since March 26, 2020, due to the Covid pandemic and was scheduled to surrender on February 21, 2021.
Shooter Ronjan Sodhi picked for Rajiv Gandhi Khel Ratna award by the selection committee.
As per the Weights and Measurement Act, weight must be mention as 'g' and not 'gms' and this should always be in small 'g'. A capital 'G' can get you into trouble.
After opening higher, the markets continued to trade in the positive zone in the afternoon session as traders were encouraged by RBI governor Shaktikanta Das's statement that the new resolution framework is expected to give durable relief to borrowers amid the Covid-19 crisis, said Narendra Solanki, head-equity research (fundamental), Anand Rathi.
A recap of events that occurred in India in the past 24 hours.
A division bench of Justice B N Chaturvedi and Justice G S Sistani dismissed their applications for suspension of sentence and granting them bail stating that the court would dispose of their appeals at the earliest and there was no need to hear their bail applications.
If your flight is cancelled or delayed or you miss one, a travel insurance policy can cover the costs at such times and help you book a new one.
The policemen, who face a minimum punishment of life imprisonment, may also get the capital punishment if Additional Sessions Judge Vinod Kumar concludes that their offence fell under the 'rarest of rare category.' The court, on October 16, had held Rathi and others guilty under sections 302 (murder), 307 (attempt to murder), 201 (destruction of evidence), 193 (giving false evidence) and 120B (conspiracy) of the Indian Penal Code.
The crew of 120 will be quarantined for a week and the shoot will begin on August 15, and go right up to September 20.
The offence came to light on Monday when Metropolitan Magistrate S S Rathi, while going to his chamber, saw a minor boy serving lunch to various judges' chambers.
The Monopolies and Restrictive Trade Practices Commission, which is inquiring into the Rs 2,300 crore (Rs 23 billion) takeover of Air Sahara by Jet Airways, has forwarded the case to the director general (investigations and registrations
The accused informed the court that they do not wish to oppose the framing of charges in the case.
Nikesh Rathi who scored in the 99.52 percentile in CAT and is a second year student at IIM Lucknow, shares his CAT advice.
A third supplementary chargesheet in the case against Telgi and 15 others was filed by the CBI on July 22 and, as per the agency sources, the final chargesheet will be filed shortly.
Axis Bank was the top loser in the Sensex pack, dropping around 5 per cent, followed by Tech Mahindra, SBI, L&T, IndusInd Bank, Infosys and NTPC. On the other hand, HDFC Bank, HUL, Kotak Bank and Bharti Airtel were among the gainers.
Star Indian wrestler Bajrang Punia kept himself in the medal race by reaching the semi-finals even as three of his compatriots faded in the men's freestyle competition at the World Championship, in Budapest, on Sunday.
Top gainers in the Sensex pack included Tata Steel, Kotak Bank, NTPC, HDFC twins, PowerGrid and ONGC, rising up to 4.60 per cent.
