News for 'Vinod Nair'

Sensex tumbles 483 points on selling in IT, banking shares

Sensex tumbles 483 points on selling in IT, banking shares

Rediff.com11 Apr 2022

Benchmark stock indices opened the week on a muted note on Monday, with the Sensex plunging nearly 483 points due to selling in IT, capital goods and banking shares amid losses in global equities. The Sensex tanked 482.61 points or 0.81 per cent to settle at 58,964.57. During the day, it tumbled 552.78 points or 0.92 per cent to 58,894.40. The 50-issue Nifty declined by 109.40 points or 0.62 per cent to finish at 17,674.95 as 29 of its stocks declined.

Bloodbath on D-Street; Hindenburg report on Adani sinks markets

Bloodbath on D-Street; Hindenburg report on Adani sinks markets

Rediff.com27 Jan 2023

From the Sensex pack, State Bank of India, ICICI Bank, IndusInd Bank, Axis Bank, Kotak Mahindra Bank, HDFC Bank, Reliance Industries were among the major laggards. Bucking the trend, auto stocks Tata Motors and Mahindra & Mahindra closed with gains.

How the markets will fare this week

How the markets will fare this week

Rediff.com3 Apr 2022

Domestic macroeconomic data, RBI policy and developments related to the Russia-Ukraine war would be major driving factors for the stock market this week, analysts said. Moreover, FPI investment and trends in crude oil would also influence the trading sentiment, they added. "This week, the RBI credit policy will be a critical factor for Indian markets.

Markets end in green; Sensex gains 740 points

Markets end in green; Sensex gains 740 points

Rediff.com30 Mar 2022

Benchmark equity indices Sensex and Nifty rallied for a third day in a row on Wednesday on buying in Reliance Industries, Infosys, HDFC twins and ICICI Bank following gains in global equities amid hopes of a breakthrough in Russia-Ukraine peace talks. The 30-share BSE barometer index surged 740.34 points or 1.28 per cent to settle at 58,683.99. During the day, it jumped 784.13 points or 1.35 per cent to 58,727.78. Similarly, the broader NSE Nifty climbed 172.95 points or 1 per cent to settle at 17,498.25. Among the 30-share pack, Bajaj Finserv, Mahindra & Mahindra, Bajaj Finance, Power Grid, HDFC, ICICI Bank, Nestle, Maruti, Reliance Industries Limited were among the lead gainers. On the other hand, ITC, Tata Steel, Tech Mahindra, Bharti Airtel and Titan were among the laggards.

Sensex ends down 150 points in volatile trade

Sensex ends down 150 points in volatile trade

Rediff.com29 Jun 2022

Benchmark indices started the trade on a weak note on Wednesday with the Sensex falling 564.77 points, following feeble global market trends and persistent foreign capital outflows. The 30-share BSE Sensex was trading 564.77 points lower at 52,612.68. The NSE Nifty dipped 162.4 points to 15,687.80. Among the Sensex pack, IndusInd Bank, Hindustan Unilever, Bajaj Finserv, Titan, Kotak Mahindra Bank and Bajaj Finance were the major laggards in early trade.

3 major drivers for the markets this week

3 major drivers for the markets this week

Rediff.com11 Jul 2021

Quarterly earnings from IT majors Infosys and Wipro, macroeconomic data announcements and global cues would be the major drivers for the equity markets this week, said analysts. Leading IT companies Infosys and Wipro and other players such as Mindtree, Tata Elxsi and HDFC AMC would announce their financial results this week. Moreover, industrial production numbers, retail and wholesale inflation data would be released this week.

HDFC twins, Infosys drag Sensex down 304 points

HDFC twins, Infosys drag Sensex down 304 points

Rediff.com23 Mar 2022

Paring its early gains, benchmark BSE Sensex fell by 304 points on Wednesday as investors booked profit after recent gains amid concerns over inflation and supply constraints. Despite a firm start, the 30-share BSE barometer declined by 304.48 points or 0.53 per cent to settle at 57,684.82. During the day, it tanked 420.71 points or 0.72 per cent to 57,568.59.

Sensex closed up by 697 pts on gains in RIL, Infosys, TCS

Sensex closed up by 697 pts on gains in RIL, Infosys, TCS

Rediff.com22 Mar 2022

Benchmark stock indices Sensex and Nifty rebounded from early lows to close over 1 per cent higher on Tuesday, helped by heavy buying in index heavyweight Reliance Industries, Infosys and TCS amid gains in global equities. The 30-share BSE Sensex closed up by 696.81 points or 1.22 per cent at 57,989.30. It touched a high of 58,052.87 and a low of 56,930.30 in intra-day trade.

Sensex pare early gains; tumbles over 571 points

Sensex pare early gains; tumbles over 571 points

Rediff.com21 Mar 2022

Benchmark equity indices Sensex and Nifty pared their early gains to close nearly 1 per cent lower on Monday as surging oil prices played spoilsport amid prolonged Russia-Ukraine war. The 30-share Sensex plunged by 571.44 points or 0.99 per cent to settle at 57,292.49. During the day, it tanked 634.85 points or 1.09 per cent to 57,229.08. The broader NSE Nifty declined by 169.45 points or 0.98 per cent to finish at 17,117.60. Among Sensex constituents, Power Grid, Asian Paints, UltraTech Cement, Nestle, Hindustan Unilever Limited and HCL Technologies were among the major laggards.

Investors richer by over Rs 5.77 lakh cr as markets rally

Investors richer by over Rs 5.77 lakh cr as markets rally

Rediff.com21 Jun 2022

Equity investors became richer by over Rs 5.77 lakh crore on Tuesday, helped by a rally in the broader market where the BSE benchmark jumped nearly 2 per cent. The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle at 52,532.07. Driven by the rally in equities, the market capitalisation of BSE-listed firms jumped by Rs 5,77,006.83 crore to stand at Rs 2,40,63,930.50 crore. "Absence of fresh selling triggers in the domestic and global economy along with falling commodity prices relieved the heavily discounted equity market to showcase recovery.

Investors' wealth jumps over Rs 2.95 lakh cr on 1st day of FY22

Investors' wealth jumps over Rs 2.95 lakh cr on 1st day of FY22

Rediff.com1 Apr 2021

Investors' wealth jumped over Rs 2.95 lakh crore on Thursday, the first day of the new financial year, amid a rally in the equity market. The 30-share BSE benchmark index rallied 520.68 points or 1.05 per cent to close at 50,029.83. Driven by the bullish sentiment, the market capitalisation of BSE-listed companies rose by Rs 295,587.25 crore to reach Rs 295,587.25 crore at close of trade on Thursday. IndusInd Bank, Kotak Bank, Ultratech Cement and Bajaj Finance were the prominent gainers. In contrast, HUL, HDFC Bank, Nestle and TCS suffered losses.

Sensex gains 311 points; reclaims 60K mark

Sensex gains 311 points; reclaims 60K mark

Rediff.com11 Apr 2023

Among the Sensex firms, Kotak Mahindra Bank, Tata Steel, ITC, ICICI Bank, Bajaj Finserv, Maruti, Mahindra & Mahindra and State Bank of India were the biggest winners. Tata Consultancy Services, Infosys, HCL Technologies, Tech Mahindra, Asian Paints, Wipro and Tata Motors were the biggest laggards.

IPL 2025 Auction: 182 players sold; Rs 639.15 crore spent!

IPL 2025 Auction: 182 players sold; Rs 639.15 crore spent!

Rediff.com25 Nov 2024

The complete list of players sold in the IPL 2025 Auction in Jeddah.

Sensex, Nifty rise on gains in metal, auto stocks

Sensex, Nifty rise on gains in metal, auto stocks

Rediff.com2 Jun 2023

Benchmark equity indices Sensex and Nifty closed higher on Friday after two days of fall, helped by buying in metal, telecom and auto stocks amid a firm trend in global markets. Automakers led by Maruti Suzuki India, Hyundai, Mahindra & Mahindra reporting robust wholesales of passenger vehicles and GST collections crossing Rs 1.50 lakh crore for the third straight month in May also added to the optimism. The 30-share BSE Sensex climbed 118.57 points or 0.19 per cent to settle at 62,547.11.

Tips to survive disasters

Tips to survive disasters

Rediff.com23 Dec 2008

What should you do in case of a chemial attack, a tear gas attack or a terrorist attack? How should you protect yourself and your family in case of a natural calamity: be it floods, earthquake or a tsunami? What precautionary steps you should take if there is -- God forbid -- a war between Indian and Pakistan tomorrow?

Sensex tumbles for 2nd day; Infy top drag

Sensex tumbles for 2nd day; Infy top drag

Rediff.com12 Jul 2022

Equity indices nursed losses for the second consecutive session on Tuesday as investors continued to dump IT, banking and FMCG stocks amid a bearish trend in global markets. Unabated foreign fund outflows and the rupee dropping to another record low against the US dollar added to the woes, traders said. Participants were also in wait-and watch mode ahead of release of retail inflation and factory output data.

Investor wealth jumps over Rs 6 lakh cr in two trading days

Investor wealth jumps over Rs 6 lakh cr in two trading days

Rediff.com30 Mar 2021

Investor wealth surged Rs 602,001.9 crore in two days of market rally which was supported by positive global cues. The 30-share BSE index on Tuesday closed at 50,136.58, an increase of 1,128.08 points or 2.30 per cent. During the day, it gained 1,259.95 points to touch 50,268.45. On Friday, the benchmark had closed 568.38 points higher. Markets were closed on Monday for Holi. Driven by the rally, the market capitalisation of BSE-listed companies soared Rs 602,001.9 crore to Rs 2,04,77,472.33 crore in two trading days.

Sensex, Nifty end flat after choppy trade

Sensex, Nifty end flat after choppy trade

Rediff.com30 Jun 2022

Benchmark indices ended on a flat note on Thursday as fag-end selling wiped out intra-day gains amid weak global trends. The BSE benchmark Sensex slipped 8.03 points or 0.02 per cent to settle at 53,018.94. During the day, it had gained 350.57 points or 0.66 per cent to 53,377.54. Similarly, the broader NSE Nifty fell 18.85 points or 0.12 per cent to close at 15,780.25.

2 factors that will drive markets this week

2 factors that will drive markets this week

Rediff.com5 Dec 2021

Volatility is likely to continue in the stock market this week amid Omicron uncertainty and the RBI monetary policy meeting will be a key driver for benchmark indices going ahead, say analysts. It will be an event-packed week for the markets, with RBI policy and several macroeconomic numbers scheduled to be announced, they added. "Volatility is likely to continue amid Omicron uncertainty, RBI credit policy, and macroeconomic numbers. "There are lots of news flows on the Omicron variant which are causing volatility in the market while on the domestic front we will have the outcome of an important monetary policy of RBI that is scheduled on December 8. "We will also have our IIP and inflation numbers this week however they will be released on Friday after market hours," said Santosh Meena, Head of Research, Swastika Investmart Ltd.

Sensex reclaims 60k, Nifty tops 18k-mark

Sensex reclaims 60k, Nifty tops 18k-mark

Rediff.com31 Oct 2022

The Sensex finished above the psychologically key 60,000-mark while the Nifty surged past the 18,000-level on Monday on across-the-board buying amid a mixed trend overseas. A depreciating rupee and concerns over the US Federal Reserve hiking rates later this week failed to quell investors' appetite for stocks, traders said. The 30-share BSE Sensex rallied 786.74 points or 1.31 per cent to settle at 60,746.59.

Q1 earnings to guide equity markets this week

Q1 earnings to guide equity markets this week

Rediff.com18 Jul 2021

The first quarter earnings season will dictate the trend in the equity markets in this holiday-shortened week amid absence of major macroeconomic drivers, say analysts. Besides, lacklustre global markets may increase volatility in the market, they added. Equity markets would remain closed on Wednesday for Bakri-Id.

Sensex crosses 64,000 for the first time; Nifty ends at 18,972

Sensex crosses 64,000 for the first time; Nifty ends at 18,972

Rediff.com28 Jun 2023

From the Sensex pack, NTPC, Tata Motors, Titan, Larsen & Toubro, Reliance Industries, IndusInd Bank, Infosys, HDFC Bank and Power Grid were among the major gainers. Wipro and Tech Mahindra were the laggards.

A Breakthrough In Nipah Virus Research

A Breakthrough In Nipah Virus Research

Rediff.com5 Jun 2024

This will also help test the effectiveness of preventing the entry of Nipah in target cells.

PC shipments register 12% rise in 2002 in India

PC shipments register 12% rise in 2002 in India

Rediff.com5 Feb 2003

PC shipments have grown around 11.8 per cent over 2001, Vinod Nair, research analyst, hardware platforms, Gartner India said in a release while adding the large spenders continue to be finance, banking and telecom verticals.

Factors that will drive markets this week

Factors that will drive markets this week

Rediff.com15 May 2022

Global trends, WPI inflation data for April and the ongoing quarterly earnings of corporates would be the major driving factors for the stock markets, analysts said. Investors would also keep a tab on the movement of foreign institutional investors who are on a selling spree in the domestic equity market for the past many days. "Inflation concern and monetary tightening across the globe are key concerns for the equity markets. "Equity markets are under the strong grip of bears however they look extremely oversold and due for a pullback rally.

Sensex surges 563 points as RIL, HDFC twins shine

Sensex surges 563 points as RIL, HDFC twins shine

Rediff.com17 Jan 2023

Equity benchmarks shrugged off lacklustre global cues to clock smart gains on Tuesday, buoyed by strong buying interest in index heavyweights Reliance Industries and HDFC twins. However, a depreciating rupee and unabated foreign fund outflows capped the gains, traders said. The 30-share BSE Sensex rallied 562.75 points or 0.94 per cent to settle at 60,655.72.

Sensex, Nifty rise on gains in metal, commodity stocks

Sensex, Nifty rise on gains in metal, commodity stocks

Rediff.com14 Jun 2023

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.

Trends that will dictate the markets this week

Trends that will dictate the markets this week

Rediff.com17 Oct 2021

Quarterly earnings and global cues will be the major sentiment driver for the equity market this week, according to analysts. Of late, Benchmark indices have been on a record-breaking run. "Quarterly results will dictate market sentiment and will be the talk of this week as they pick up the pace. "D-Street will be all ears to any management insights to forecast the future earnings trajectory.

Indian server market grows 33% in Q2

Indian server market grows 33% in Q2

Rediff.com1 Sep 2003

Indian server market has posted a revenue growth of 33 per cent in the second quarter of 2003 compared to the year-ago period, IT research firm Gartner said on Monday.

PC shipments up 16% in Q1: Gartner

PC shipments up 16% in Q1: Gartner

Rediff.com7 May 2003

Matching the trend in Asia-Pacific PC market, India witnessed a 16.3 per cent rise in personal computer shipments in the first quarter of 2003 with the shipments touching 615,000 units, according to the latest study by Gartner.

Economic growth to drive PC demand: Study

Economic growth to drive PC demand: Study

Rediff.com14 Apr 2003

Economic growth and strong offerings by computer assemblers will drive the demand for personal computers, expected to grow at 18 per cent, in the country in 2003, according to Gartner Dataquest study.

Indian PC market up 35% in Q3

Indian PC market up 35% in Q3

Rediff.com16 Nov 2004

The Indian personal computer market posted growth of 35.1 per cent, shipping over 8.85 lakh units in the third quarter of 2004, buoyed by small and medium business and finance and banking segments, according to global research and analysis firm Gartn

Mcap of BSE-listed firms touches all-time high of Rs 261.73 lakh cr

Mcap of BSE-listed firms touches all-time high of Rs 261.73 lakh cr

Rediff.com23 Sep 2021

The market capitalisation of BSE-listed companies reached an all-time high of Rs 261.73 lakh crore on Thursday, helped by a massive rally in the equities where the benchmark Sensex zoomed 958 points to end at a fresh lifetime peak. The 30-share BSE benchmark jumped 958.03 points or 1.63 per cent to settle at its new closing peak of 59,885.36. During the day, it gained 1,029.92 points to touch an intra-day record high of 59,957.25.

Sensex rallies 412 points in volatile trade

Sensex rallies 412 points in volatile trade

Rediff.com8 Apr 2022

The Sensex jumped 412.23 points on Friday, braving heavy volatility during the day, amid the Reserve Bank of India maintaining status quo on the benchmark lending rate and buying in index heavyweights Reliance Industries Limited and ITC. The BSE Sensex climbed 412.23 points or 0.70 per cent to settle at 59,447.18. During the day, the benchmark hit a high of 59,654.44 and a low 58,876.36. The Nifty also gained 144.80 points or 0.82 per cent to finish at 17,784.35.

Sensex, Nifty hit record highs on earnings, monsoon optimism

Sensex, Nifty hit record highs on earnings, monsoon optimism

Rediff.com16 Apr 2019

The rally was mainly driven by financial, consumer durables, auto and oil and gas stocks.

Not Rohit, not Rahul but this player is a 'problem' for England

Not Rohit, not Rahul but this player is a 'problem' for England

Rediff.com10 Feb 2024

Jaiswal is only the fourth Indian left-hander besides Sourav Ganguly, Gautam Gambhir and Kambli to smash a Test double ton.

Covid surge sinks Sensex by 871 points

Covid surge sinks Sensex by 871 points

Rediff.com5 Apr 2021

Bajaj Finance was the top laggard in the Sensex pack, plunging around 6 per cent, followed by IndusInd Bank, SBI, M&M, Axis Bank, Bajaj Auto and ICICI Bank. NSE Nifty sank 229.55 points to 14,637.80.

Sensex reclaims 60,000-mark as bulls tighten grip

Sensex reclaims 60,000-mark as bulls tighten grip

Rediff.com17 Aug 2022

The BSE Sensex maintained its winning run for the fourth session on the trot on Wednesday to reclaim the 60,000-level after a gap of over four months as investors remained upbeat amid softening crude oil prices and persistent foreign fund inflows. A strengthening rupee and positive Asian markets further bolstered sentiment, traders said. The 30-share BSE benchmark jumped 417.92 points or 0.70 per cent to settle at 60,260.13 -- closing above the psychologically key 60,000-mark for the first time since April 5 this year.

Sensex blues: Investors lose Rs 11.3 lakh cr in 6 days

Sensex blues: Investors lose Rs 11.3 lakh cr in 6 days

Rediff.com24 Sep 2020

Falling for the sixth straight session, the BSE Sensex plunged 1,114.82 points or 2.96 per cent to close at 36,553.60 on Thursday, tracking a heavy selloff in global markets. The market capitalisation of BSE-listed companies stood at Rs 1,48,76,217.22 crore, down by Rs 11,31,815.5 crore in six sessions. Since September 16, the 30-share BSE benchmark index has fallen by 2,749.25 points.

Markets end in red; Sensex down 391 points

Markets end in red; Sensex down 391 points

Rediff.com13 Oct 2022

Mixed earnings and not so encouraging macroeconomic data dented sentiment, Ajit Mishra, VP - Research, Religare Broking Ltd said. In twin blows to Indian economic revival, higher food prices drove retail inflation to a five-month high of 7.4 per cent, while factory output fell for the first time in 18 months. The second consecutive month of rise in consumer price index (CPI)-based inflation will add to the pressure on the Reserve Bank of India (RBI) to again raise interest rates to tame high prices. In the broader market, BSE Midcap declined 0.73 per cent while smallcap dropped 0.45 per cent.