Analysts are warning of growing risks to the market's sustained momentum, and even to the possibility of consolidation at current levels. Domestically, markets are grappling with several challenges, including a slowing economy, as indicated by the latest GDP data for the July-September (Q2) quarter of 2024-25 (FY25), sticky inflation, fluctuations in the rupee, waning consumption, and high interest rates.
A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14.
The father of late Colonel Santosh Babu on Monday said he was 'not 100 per cent satisfied' with the Mahavir Chakra posthumously awarded to him for his acts of gallantry against the Chinese attack in Galwan Valley in eastern Ladakh in June 2020, and that he should have been honoured with the Param Vir Chakra.
Film folk have been very busy this year, attending trailer launches and promotional events. Hitesh Harisinghani/ Rediff.com vouches for that, as he recaps 2024 with his insightful clicks.
Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of correction.
Shahana Goswami took her new film Santosh to the 77th Cannes Film Festival, and made quite a statement with her satorical choices.
Preity Zinta is in Cannes to present the Pierre Angenieux ExcelLens in Cinematography honour to veteran cinematographer Santosh Sivan.
Col Babu was awarded the gallantry medal for resisting the Chinese Army attack while establishing an observation post in the face of the enemy in the Galwan valley in the Ladakh sector during Operation Snow Leopard.
The November 5 US presidential elections, Federal Reserve interest rate decision, trading activity of foreign investors, and the upcoming quarterly earnings from domestic firms are the major triggers that would influence sentiments in the equity market this week, analysts said. In an eventful week ahead, a host of macroeconomic data announcements and global trends would also drive the markets, experts said. "The upcoming week is poised to be eventful on the global front.
Bollywood actor Shah Rukh Khan has received a death threat and a demand for Rs 50 lakh, Mumbai police said on Thursday, adding an extortion case has been filed in this connection.
JMM leader Hemant Soren was sworn in as the 14th chief minister of Jharkhand in a grand ceremony in Ranchi, amid the presence of a galaxy of INDIA bloc leaders. This is Soren's fourth stint as chief minister. The JMM-led alliance won a majority in the recent assembly polls, securing 56 seats in the 81-member assembly.
Acting Jharkhand Chief Minister Hemant Soren met Prime Minister Narendra Modi on Tuesday, in his first visit to the national capital after leading his ruling alliance to an unprecedented second straight term in the state.
Dalal Street had a roller coaster ride in 2024 from shattering record after record to facing heavy correction off-late but equity markets still rewarded investors with positive returns, driven by a surge in domestic fund flows and a resilient macro landscape. The first half of the year saw robust corporate earnings, a surge in domestic flows, and a resilient macro landscape, driving the Nifty to an all-time high of 26,277.35 in September 2024, according to Motilal Oswal Wealth Management.
This is not the first EV that Mercedes would be making in India though. It has been making the EQS sedan here for the last 18 months, and has sold 500 units of the car.
The lawyer told the police that he lost his phone a week before and had filed a police complaint, the official said.
The bodies of three labourers were on Saturday pulled from the rubble of a wall that collapsed at a construction site in the Vasant Vihar area in New Delhi amid heavy rain, officials said.
Jharkhand Mukti Morcha leader Hemant Soren on Sunday met Jharkhand Governor Santosh Kumar Gangwar and staked claim to form the government, soon after leaders of the Indian National Developmental Inclusive Alliance (INDIA) in the state unanimously elected him as the legislature party leader.
It was a mixed bag for 11 seats with more than 35 percent Muslim voters, where six candidates of the opposition Maha Vikas Aghadi emerged victorious in the Maharashtra assembly polls on Saturday, while four seats went to the Bharatiya Janata Party-led Mahayuti alliance.
In a village of Rajputs, the vote is for Modi even though the BJP is not contesting from here.
Santosh Kaveri, a young inventor from Karnataka, is a sterling example of the 'Made In India' initiative. Find out why his dreams of being an innovator-enterpreneur shattered.
The Maharashtra Assembly elections witnessed the continued influence of political dynasties, with prominent families retaining their strongholds across the state. The Thackareys and the Ranes emerged as dominant forces, securing victories in various regions. The Rane brothers, Nilesh and Nitesh, won in Sindhudurg, while Uday and Kiran Samant secured victories in Ratnagiri. In Mumbai, Aaditya Thackeray retained his Worli seat, while his cousin Varun Sardesai won in Vandre East. The results underscore the enduring power of family connections in Indian politics.
The 10-day-old BJP-led Mahayuti alliance ministry in Maharashtra was expanded on Sunday, with 39 ministers being sworn in, taking its strength to 42. The BJP secured 19 ministerial berths, followed by 11 for the Eknath Shinde-led Shiv Sena and 9 for Ajit Pawar's Nationalist Congress Party. Governor P C Radhakrishnan administered the oath to the new ministers at the ceremony held in Nagpur. Chief Minister Devendra Fadnavis and deputy CMs Eknath Shinde and Ajit Pawar were present.
Gold sales on Dhanteras are estimated to drop 10 per cent in volume terms year-on-year on sharp 33 per cent annual rise in rates of the yellow metal, according to industry players. Since Dhanteras -- the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils -- is celebrated on two days till 1.11 pm on Wednesday, jewellers are expecting more footfalls in both online and offline stores.
The trilingual film -- Malayalam, Tamil and English -- stars Prithviraj, Genelia D' Souza, Vidya Balan, Tabu, Prabhu Deva, Amol Gupte and Jagathy Sreekumar.
Santosh Sivan's latest film Inam deals with the the war and bloodshed during the two-decade-long civil war in Sri Lanka.
'The flutters of excitement of a high-school romance, and then how life changes.'
Amid parties accusing rivals of promoting dynastic politics, the November 20 Maharashtra assembly polls will see brothers, cousins and father-children in the fray, with members of the same family taking on each other in some seats.
Ace cinematographer Santosh Sivan, speaks on length about his film Urumi which releases this Frdiay.
Shinde had retained most of the sitting MLAs, who chose to be with him when he led the rebellion two years ago. They delivered for him on Saturday when votes for the state polls were counted.
Global trends, trading activity of foreign investors and domestic macroeconomic data announcements would dictate terms in the equity market in a holiday-shortened week ahead, analysts said. Equity markets would remain closed on Wednesday for Gandhi Jayanti. "Looking ahead, it will be interesting to monitor Foreign Institutional Investors (FIIs) and their flow into India.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
Equity investors will track the trading activity of foreign investors, global trends and ongoing earnings results for further cues, and benchmark indices may continue to witness consolidation in a holiday-shortened week amid the monthly derivatives expiry, analysts said. Markets fell sharply last week amid massive foreign capital outflows and dismal Q2 earnings so far. Weakness in the markets might continue in the near term amid cautiousness among investors ahead of the US presidential election early next month, an expert said.
Services lifted the Santosh Trophy after edging out hosts Punjab 5-4 via tie-breaker in a nail-biting summit clash at Guru Nanak Stadium in Ludhiana on Sunday.
In a relatively rare occurrence, the growth in manufacturing jobs exceeded the pace of sector growth in 2022-23 (FY23). The number of persons engaged in the segment grew by 7.43 per cent in FY23, according to figures from the Annual Survey of Industries (ASI) released on September 30. The gross value added for the manufacturing sector grew by 4.24 per cent in current prices and declined by 2.2 per cent in real terms for FY23, according to earlier annual figures released by the government.
An "embarrassed" All India Chess Federation (AICF) has filed a police complaint after a Chess Olympiad trophy its team won in the last edition of the tournament at home went missing from its office, forcing the sports body to arrange for a replica of the prized possession and tender an apology.
Armed with swanky showrooms, decked with plush fixtures, and offering indulgences such as high-end perfumes and customisable accessories, BMW, Mercedes, Audi are rolling out the red carpet for the well-heeled.
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
The new season coasts along on the simple anecdotes that make up the piggy bank of family lore; the performances are as wonderful as before, but the sharpness of humour is starting to dull a bit, observes Deepa Gahlot.
