Hawkish guidance by the US Fed raises concerns it could tie the hands of RBI from trimming rates.
Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996. Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore. However, excluding December 2021, this month marks the best December for IPOs since 1996.
Strong currency and sagging oil prices are spooking policymakers.
The US Federal Reserve's interest rate decision, global market trends and trading activity of foreign investors are the major factors that would dictate terms in the equity markets in a holiday-shortened week ahead, analysts said. Equity markets will remain closed on Tuesday on account of Ganesh Chaturthi. From the global front, interest rate decisions from the Bank of England and Bank of Japan would also influence market trends.
Al-Hilal wrapped up a place in the Asian Champions League semi-finals as a 2-0 win over fellow Saudi Pro League side Al-Ittihad in Jeddah on Tuesday completed a 4-0 aggregate success and set a world record with their 28th straight win in all competitions.
In the United States, economic data is likely to take a back seat next week.
The State Bank of India told the Supreme Court on Thursday it has provided all details of the electoral bonds in its possession to the Election Commission.
Years of unprecedented stimulus has left the Fed swollen with $4.5 trillion in bonds
Looking for fun things to do as family during this sunny season?
Fed rate hike 'makes sense,' says US reserve bank president.
Maria Sharapova will lead Russia in their Fed Cup first-round tie against France next year, the country's tennis chief said on Tuesday.
Tata Steel was the biggest gainer in the Sensex chart, rising 2.39 per cent, followed by Tata Motors, Power Grid, Reliance Industries, UltraTech Cement, NTPC, Nestle, HUL, Mahindra & Mahindra, Wipro, Kotak Mahindra Bank and Asian Paints. In contrast, Bajaj Finance, IndusInd Bank, Axis Bank, Bharti Airtel, Bajaj Finserv, ICICI Bank, Infosys and Titan were among the laggards.
An expected withdrawal of FIIs from the market likely to weaken the rupee against the dollar.
Rajesh Karkera/Rediff.com captures scenes from Ayodhya hours before the pran prathishta ceremony.
India is more insulated to Fed-related volatility than other emerging markets due to its better economic fundamentals
Investors' wealth fell by Rs 2.89 lakh crore in two days of market fall, with the BSE Sensex tumbling 796 points on Wednesday, amid weak global market trends ahead of the US Federal Reserve's interest rate decision. Fresh foreign fund outflows and caution ahead of a host of interest rate decisions from global central banks also added to the overall bearish trend. Besides, the US Fed meeting, the BoE (Bank of England) and the BoJ (Bank of Japan) are also scheduled to meet this week.
Svetlana Kuznetsova and Anna Chakvetadze recorded contrasting victories against Italian opponents in Moscow.
Among the Sensex firms, Asian Paints, Titan, Larsen & Toubro, JSW Steel, ITC, Hindustan Unilever, Maruti and Reliance Industries were the major gainers. ICICI Bank, NTPC, Infosys, Tech Mahindra, Tata Steel and Bajaj Finance were among the laggards.
'When you walk on to a Sanjay Leela Bhansali set, it is complete surrender. You have to become a sponge.'
Among the Sensex firms, Larsen & Toubro, Axis Bank, Tata Steel, Bajaj Finance, Power Grid, Asian Paints, Mahindra & Mahindra and Bajaj Finserv were the biggest gainers. State Bank of India, Hindustan Unilever, Tata Motors and Titan were the laggards.
With the first quarter earnings season coming to an end, the domestic equity markets would be driven by global trends and trading activity of foreign investors this week, analysts said. The movement of global oil benchmark Brent crude and the rupee against the dollar would also drive trends in the market. "Macroeconomic indicators, trends in global stock markets and FII activities will be pivotal in shaping market trends in the coming days," Pravesh Gour, senior technical analyst at Swastika Investmart Ltd, said.
The Williams sisters will in the United States' Fed Cup match against Belgium in April.
'We expect the bull-market phase to still persist, but now led by large-caps which offer better valuation and benefit from FII inflows.'
'We expect continued pressure on midcaps, but any sharp correction looks unlikely from here on.'
Markets now expect the Fed to normalise rates gradually.
Among the Sensex firms, IndusInd Bank, Maruti, Titan, Reliance Industries, NTPC, Mahindra & Mahindra, Larsen & Toubro, Kotak Mahindra Bank and HDFC Bank were the major laggards. UltraTech Cement, JSW Steel, Axis Bank, Tata Consultancy Services, Wipro and ITC were the major gainers.
Among the Sensex firms, IndusInd Bank, Tata Steel, Tata Motors, Sun Pharma, Infosys, Mahindra & Mahindra, Infosys, NTPC, Bharti Airtel, HCL Technologies and Axis Bank were the biggest gainers. Tech Mahindra and Bajaj Finance were the laggards.
This is being done to make grounds for medical bail, the ED told the court
Improvements in the labour market has triggered this sentiment.
The 70-year-old former French and US Open champion, who earned a reputation for controversial behaviour during his playing days, was excluded from the tie on Saturday for unsportsmanlike conduct.
Among the Sensex firms, Infosys, NTPC, Power Grid, Titan, ITC, Tech Mahindra, Hindustan Unilever, Axis Bank, Tata Consultancy Services, Bajaj Finserv, Reliance Industries and UltraTech Cement were the biggest gainers. In contrast, IndusInd Bank, Kotak Mahindra Bank, Mahindra & Mahindra, JSW Steel, HDFC Bank and Maruti were the major laggards.
India has not been able to compete with countries such as Bangladesh and Vietnam.
Equity markets rallied after softer-than-expected inflation data in the US and UK rekindled hopes of the end of the rate-hiking cycle by major central banks. The soft inflation reading drove down bond yields and the US dollar, whetting the appetite for risky assets. The 10-year US bond yield fell below 4.5 per cent after topping 5 per cent less than a month ago.
Fed Cup holders Italy reached their second straight final after Flavia Pennetta overcame Czech Petra Kvitova to seal an unassailable 3-0 lead on Sunday.
Barbora Strycova beat Alize Cornet 6-2, 7-6(4) to put defending champions Czech Republic level at 2-2 against hosts France and send the Fed Cup final into a doubles decider on Sunday.
World number four Petra Kvitova sealed the Fed Cup title for the Czech Republic with a thrilling win over Germany's Angelique Kerber, giving her country its third success in the premier team tournament in women's tennis in the last four years.
64% of 800 investors polled think it will start this week but weak US data suggest it might not be aggressive.
The nomination would put Yellen on course to be the first woman to lead the institution.
RBI's tricky strategy to ease market's pre-Fed jitters.
An illuminating conversation with Chandu Borde, 90, one of India's finest cricketers in the 1960s.
Belgium will meet the United States in the Fed Cup semi-finals after Kim Clijsters and Justine Henin-Hardenne beat holders Russia