Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled new highs despite persistent geopolitical uncertainties and inflation worries. Analysts attributed better macroeconomic fundamentals, the confidence of retail investors and foreign investors investing again in the domestic equities towards the latter half of 2022 as the key factors that led to the outperformance of the Indian market in comparison to many other stock markets worldwide. During the initial part of the year, markets were jolted by the Russia-Ukraine war.
'One of the biggest employment generators, the MSMEs, have not got much from the government.'
But the Robert Vadra firm, which held luxury apartments in top DLF projects, sees income and profits dry up since FY11.
Maruti is now at a market share of 50.4%, up from 47.3% last year. In China, the world's biggest market, Volkswagen is the largest, with a share of 17%. In America, the second biggest, GM is leader with 18%. One exception is South Korea, where Hyundai has a market share in excess of 60%.
Prannoy and Sen played five times in 2022 with Sen coming into the match with a slender 3-2 advantage.
Tara Sutaria, who made her Bollywood debut in 2019 with Student of the Year 2, celebrates her 26th birthday on November 19.
HS Prannoy breezed into the quarter-finals with a stunning straight-game win over former world champion Loh Kean Yew of Singapore but it was curtains for Kidambi Srikanth at the Japan Open Super 750 tournament.
His backhand blocks and forehand low returns reaped dividends but an alert Gemke managed to grab a four-point cushion at the interval.
Equity investors' wealth jumped by over Rs 10.19 lakh crore in the three-day market rally to Monday. On Monday, the 30-share BSE Sensex soared by 1,041.08 points or 1.90 per cent to settle at 55,925.74. In three days, the bechmark has zoomed 2,176.48 points or 4 per cent. Helped by jump in equities, the market capitalisation of BSE-listed firms went up by Rs 10,19,936.84 crore to Rs 2,58,47,092.40 crore in three days.
Deepika goes orange... Shraddha likes her coffee... Manushi flies away...
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.
Missus Jonas decided to take a break with her mummy and picked Valencia in Spain for a quick holiday.
It was in November 2020 that Shraddha Walkar first confided about the physical assault from Aaftab Amin Poonawala, recalls a former colleague, adding that she was about to approach the police but stopped short of pressing charges after Aaftab's parents intervened.
German luxury car manufacturer Audi on Thursday reported 17.8 per cent growth in October sales at 1,002 units.
Equity markets maintained their winning momentum for the second day in a row on Thursday, with the Sensex surging over 874 points, propelled by index majors Reliance Industries, Infosys and HDFC twins amid a mixed trend in global markets. The BSE benchmark Sensex zoomed 874.18 points or 1.53 per cent to finish at 57,911.68. During the day, it jumped 954.03 points or 1.67 per cent to 57,991.53. The NSE Nifty rallied 256.05 points or 1.49 per cent to 17,392.60.
Shah Rukh Khan's weathered intensity, grizzly charisma and trademark wit lends Pathaan's all-out, devil-may-care antics a sense of purpose that evades mindless acts of mayhem, cheers Sukanya Verma.
Taapsee Pannu will play a cop for the first time in director Arshad Syed's Woh Ladki Hai Kahan.
As govt tries hard to choke the metal import, entry through unofficial channels doubled to 60 tonnes in first 5 months of this financial year
Technology stocks rallied, with the IT index up 2.45 per cent as TCS, Infosys, Wipro and HCL Technologies spurted following favourable rupee movement.
US President Joe Biden has tested positive for Covid-19 and is experiencing "very mild symptoms", the White House said on Thursday, becoming the second sitting American president to be hit by the virus.
'It has been a wonderful experience since she independently manages the show without much of interference,' says IT professional Baudhayan Lahiri.
With elections elsewhere in India showing that multi-pronged contests usually work to the BJP's favour, the party can gain if it hangs on stubbornly. In the meantime, any additional support helps. That is why the archbishop's comment attracted political traction in Kerala, observes Shyam G Menon.
'If you take music away from me, there's nothing else I can do.'
All Sensex components ended on a positive note with IndusInd Bank surging over 22 per cent, followed by Axis Bank, Mahindra and Mahindra, ICICI Bank, HUL, Maruti, HCL Tech and Hero MotoCorp.
That means a manufacturer looking at a market like India needs to decide whether small, cheap cars or small, expensive cars or both will work better for them, says Pavan Lall.
Ramesh alleged that the PM "forced" Defence Minister Rajnath Singh to read a "most wishy-washy" statement in Parliament earlier this week
While we adjust to the new normal, bring back the stylish looks from your wardrobe and ace the meetings on Zoom, says Nelson Jaffery.
Edtech giant Byju's is set to lay off nearly 2,500, or 5 per cent, of its employees as part of an "optimisation" plan. The move by India's most valuable start-up comes amid a funding winter and steep losses. "To avoid redundancies and duplication of roles, and by leveraging technology better, around 5 per cent of Byju's 50,000-strong workforce is expected to be rationalised across product, content, media, and technology teams in a phased manner," said the company in a statement. In June, Byju's laid off about 600 employees at its group companies -WhiteHat Jr and Toppr.
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.
A Delhi Police team searched for the murder weapon at a forest in Gurugram using a metal detector on Saturday, but returned empty-handed after one-and-a-half-hours, sources said.
'Every day, after 'pack-up', Khansaab and Deepika would come for dance practice and rehearse till around 1-1.30 am.' 'The weather was a challenge because while on screen, it looks warm and sunny, it was actually bitterly cold, with a sharp, stinging wind which had the actors and dancers shivering in their summer clothing.'
'We are trying to salvage 50-100 million doses of Covishield with the latest drive on booster doses.'
Nine of the top-10 most-valued firms together added Rs 111,012.63 crore in market valuation last week, with Tata Consultancy Services and HDFC Bank emerging as the biggest gainers. Reliance Industries was the only laggard from the top-10 list. The valuation of Tata Consultancy Services jumped Rs 24,635.68 crore to reach Rs 13,82,280.01 crore.
Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees. "This is a test for all of us. We must learn to work under constraints and focus on profitability at all costs. We must survive the winter," said Unacademy's co-founder and CEO Gaurav Munjal in a letter to the employees. "Winter is here. We are looking at a time when the funding will dry up for at least 12-18 months.
Like software-as-a-service (SaaS), CaaS has emerged as a well-orchestrated ecosystem for cybercriminals.
Ashish Narsale/Rediff.com tells you what the Oppo Reno 2, Oppo Reno 2Z and Oppo Reno 2F have to offer.
Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.
Paytm Travel claims to have a base of around 13 million customers, a threefold increase over the user base in FY17. While significant, it is but a fraction of Paytm's wallet user base of more than 300 million.
In this round, the market has won. But it is still for Gautam Adani to decide whether he has lost or not, argues Shekhar Gupta.
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