Stock markets are likely to trade in a range-bound manner in a holiday-shortened week where trading activity of foreign investors, currency movement and global macroeconomic data announcements are expected to drive sentiments, analysts said. Several global markets may see subdued activity on account of Christmas and New Year holidays, an expert said.
The domestic stock market will continue to monitor the Israel-Iran conflict and its impact on global supplies besides prices of crude oil this week, analysts said. Global trends and trading activity of foreign investors would also drive investors' sentiment during the week.
The Allahabad High Court has stayed the arrest of Alt News co-founder Mohammed Zubair in an FIR accusing him of promoting enmity among religious groups. The court also directed Zubair not to travel abroad. The FIR was lodged last month following a complaint by an associate of controversial priest Yati Narsinghanand. Zubair had moved the high court, requesting quashing the FIR and protection from coercive action. In his plea, he stated that his post did not call for violence against Narsinghanand.
Eicher Motors is a leader in the premium motorcycle segment, where it holds market share of over 85 per cent under the Royal Enfield (RE) brand. The company's joint venture VE Commercial Vehicles (VECV) with Volvo, where it holds 54.5 per cent stake, gives it a strong footing in commercial vehicles (CVs). The company had good results in FY23 and it has a strong balance sheet and good operating margins.
Siddhartha many customers who grew up on coffee and conversations at his cafes mourned his death and disagreed that he had failed. Some said it was the place they first thought of their 'big idea'.
The only way for Dravid to sort out the mess was by forcing a showdown and getting Chappell removed as coach. That possibility was remote as Dravid neither had the ears of the BCCI nor was he the sort to confront knotty issues head on. A fascinating excerpt from Pradeep Magazine's Not Just Cricket: A Reporter's Journey through Modern India.
'If (by the end of the deal) the talent that owns the customer relationships is not there, will L&T still get the value it is looking for?'
'Gehlot is right now doing things, which are not appreciated by the Gandhis.' 'The Gandhis have realised that their writ does not run in Rajasthan, therefore they have deflected the issue to Kharge.'
Royal Enfield sees its scale and dominant market share as adequate buffers against Bajaj's recent challenges, says Ajay Modi.
The Zee saga will see a long-drawn-out court battle before shareholders get any chance to vote on any proposal by the management or Invesco, says Prosenjit Datta.
From Awaara to Deewar to Junoon to In Custody, Shashi Kapoor leaves us many movies to love and remember him by.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
The conversion from ownership to taxi hiring services is gaining ground.
Cruising comfortably in the 70s, Royal Enfield sputtered to a stop in the 90s, before its comeback in the first decade of the 21st century.
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