Markets end in red; bluechips struggle to keep pace.
The Indian ace would miss the women's team event as she is recuperating from an ankle injury
Ahead of the assembly polls in Rajasthan, the Congress government on Saturday night issued an order for the conduct of a caste survey in the state.
Bajaj Finserv was the biggest gainer in the Sensex pack, rising 2.21 per cent, followed by Titan, ITC, Kotak Mahindra Bank, HDFC Bank, HDFC, Bajaj Finance, IndusInd Bank, ICICI Bank, HUL, Reliance Industries and Mahindra & Mahindra. Wipro, Tata Consultancy Services, Power Grid and Tech Mahindra were the laggards.
From the Sensex pack, Power Grid, Infosys, Asian Paints, Mahindra & Mahindra, HCL Technologies, IndusInd Bank, Tech Mahindra, Bajaj Finance, Wipro, Tata Consultancy Services, HDFC Bank and Titan were the major gainers. Tata Steel and Bharti Airtel were the laggards.
Summers dogged by controversies over past views
'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'
Judy Murray, mother of World No. 4 Andy, was named as non-playing captain of Britain's Fed Cup women's tennis team on Thursday.
A gradual increase works best for the US, as well as global markets, says Nizam Idris managing director, head of strategy (fixed income and currencies), Macquarie Bank.
Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.
Anastasia Pavlyuchenkova overpowered Lucie Safarova 6-2, 6-4 in the second reverse singles to pull Russia level with the Czech Republic at 2-2 in their Fed Cup final on Sunday.
Williams, who played an exhibition match last December in the United Arab Emirates, where she lost to French Open champion Jelena Ostapenko, said in addition to working on her serve and returns, she needs to manage her time better now that she has her daughter in tow.
Sam Bahadur is a mechanical summary of his life, ticking off one chapter after another without bothering to pause or ponder over their significance and influences, observes Sukanya Verma.
Mary Pierce edged Vera Zvonareva 6-4, 3-6, 6-3 to send France into the Fed Cup final against the United States.
An Indian tennis team sans Sania Mirza completed a dubious hat-trick of defeats in the Fed Cup following a 0-3 loss to Uzbekistan in the Asia/Oceania Group I round-robin match in Perth on Friday. As a result, the Indians will now play Chinese Taipei in the relegation play-off on Saturday. With Friday's defeat, India finished last in the four-team Pool A, having also lost 0-3 in the earlier two matches -- against New Zealand and Indonesia -- as well.
Tiger Woods cruised to a memorable double in record-breaking style on Sunday, winning the Tour Championship by eight shots and inaugural FedExCup honours to claim a $10 million bonus.
The Czech Republic defended their Fed Cup title on Sunday as Karolina Pliskova became the home team's hero with a starring performance in their thrilling 3-2 come-from-behind victory over Russia.
The market capitalisation of BSE-listed firms reached an all-time high of Rs 299.90 lakh crore on Wednesday despite the Sensex falling marginally after a remarkable record-breaking rally in the last few trading sessions. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04, after rallying in the past five trading straight sessions. During the day, the benchmark hit a low of 65,256.49 and a high of 65,584.33.
The US Federal Reserve rate cut on Wednesday, the 13th after May 16, 2000 may prove to be a boon to Indian depositary receipts.
M A Pathan, former chairman of the Indian Oil Corporation, on Friday resigned as chief of the Petroleum Federation of India, citing his pre-occupation with Tatas and other multinational oil firms.
Mumbai City FC lost 2-0 to Iranian Club Nassaji Mazandaran in their first AFC Champions League group stage game at home.
From the Sensex pack, JSW Steel, Tata Steel, NTPC and UltraTech Cement emerged as major winners, closing the day with a gain of up to 3.33 per cent. On the other hand, Asian Paints, ITC, L&T and SBI were the laggards, ending the session up to 3.95 per cent lower. Of the 30 Sensex stocks, 14 closed the day in green, while on the 50-stock index Nifty 25 scrips ended with gains.
Poonawalla said booster vaccines have no demand as there is general lethargy among people and also because they are fed up with the pandemic.
Sara Errani romped to a 6-1, 6-1 win over Alisa Kleybanova in Cagliari to hand Italy an unassailable 3-0 lead over Russia and their third Fed Cup title in five years on Sunday.
Among the Sensex firms, IndusInd Bank, Power Grid, Tata Motors, Bajaj Finance, NTPC, HDFC Bank, Reliance Industries, Nestle and Kotak Mahindra Bank were the major gainers. Infosys, State Bank of India, Tata Steel, Hindustan Unilever and Titan were the major laggards.
The US faces the Czech Republic in the first round from April 26-27.
The Pool B comprises Chinese Taipei, Japan, Thailand and Korea.
If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.
Defending champions Russia took an unassailable 3-1 lead over Israel in their Fed Cup world group first-round tie on Sunday after Maria Sharapova and Anna Chakvetadze won their singles rubbers.
Gold, the safest haven amid the ongoing uncertainty, also emerged as one of the most lucrative investment options in financial year 2022-23 with an impressive return of 16.1 per cent in rupee terms, and 2.3 per cent returns in dollars. And, had it not been for the very high inflow of smuggled gold and the huge discount prevailing in the market due to high prices, the returns in gold would have been much higher, analysts said. The precious metal has consistently been delivering positive returns in India since 2016.
For the Stalin government to win back the confidence of voters ahead of the Lok Sabha polls, post-flooding restoration works, their speed and efficacy would be closely watched, and not just by the political Opposition, notes N Sathiya Moorthy.
The Indian equity market is likely to remain under pressure and rangebound over the next few months. This comes as global central banks, led by the US Federal Reserve look at a possibility of hiking rates aggressively to tame inflation. Back home, the Reserve Bank of India, too, remains data dependent in its endeavour to keep inflation in check and pursue an aggressive monetary policy stance.
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
Federal Reserve chairman Ben Bernanke touched off the biggest one-day rally in US stocks this month by hinting that the Central Bank is almost done with raising interest rates. The indices had their biggest rise since June 29.
It could be a tough week In the run-up to such an event, the market is always nervous.
The rupee had plunged by 48 paise, logging its biggest fall in more than five weeks, to close at over one-month low of 61.13 against the greenback on Monday following demand for the US currency from importers.
US won 4-1 against Argentina in the Fed Cup World Group II tie.
M&M was the biggest loser in the Sensex chart, falling 6.39 per cent, followed by Tech Mahindra, Nestle India, Bajaj Finance, Axis Bank, ITC, JSW Steel, HDFC Bank and RIL. On the other hand, Sun Pharma, Tata Motors, Bharti Airtel, L&T and Infosys were among the winners, rising up to 2.10 per cent.
Paul Meggyesi, Vice President of Global currency and commodity at JP Morgan, says that the Fed may raise rates one more time in December.
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