Geopolitical events, macroeconomic data and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said. Stock markets will remain closed on Wednesday for Ram Navami. "This week promises to be crucial for the market as fresh worries about a potential conflict between Iran and Israel emerge.
Olympic champion Neeraj Chopra won the gold medal in men's javelin throw event of the Federation Cup in Bhubaneswar, his spear shimmering through the balmy Wednesday evening sky after an unusually slow start in his first competitive outing on Indian soil in three years.
Special CBI Judge I K Kochar dismissed the bail applications saying the probe in the case was at a 'nascent stage' and their release on bail may hamper it adversely. According to the probe agency, Suresh Nanda, accused of receiving kickbacks in the tune of Rs 400 crore in certain defence deals, connived with his son and chartered accountant to influence Verma, the IRS officer who had once raided Nandas' premises to gather evidence on non-filing of IT returns.
"It is a recognition of your remarkable career in the business community in Mumbai and on the part you took in the establishment of the partnership between Mahindra and Renault," French Ambassador to India Jerome Bonnafont said in a letter informing Nanda of the award.
Stock markets will be largely driven by global trends in the absence of any major domestic triggers this week, say analysts. The trading activity of foreign investors, global crude oil prices and rupee-dollar movement will also influence market movement, they said. "Anticipating a period of consolidation in the absence of clear global cues, the market's trajectory will likely hinge on the movement of the US bond yields, the dollar index, and crude oil prices, as well as institutional flows.
Riding on a bull run, equity investors became richer by Rs 128.77 lakh crore in the 2023-24 fiscal, driven by robust fundamentals of the Indian economy, increased investment inflows and promising corporate earnings. After a muted performance in 2022-23, equity markets made a remarkable recovery in FY24, giving handsome returns to investors. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in 2023-24.
Meghna Gulzar screened her new film Sam Bahadur for friends and colleagues in the film industry in Mumbai.
Even as Bollywood is attending Diwali parties in Mumbai, Shanaya Kapoor is making the most of the Maldives.
The Archies will start streaming on Netflix from December 7.
Ananya Panday picked Phuket, Thailand, to start the New Year.
Forty four years after Mohammed Rafi's untimely demise on July 31, 1980, at the young age of 55, the singer's work continues to enjoy a musical afterlife on radio, television and modern streaming channels.
Stock markets would take cues from the upcoming macroeconomic data announcements and global trends besides keeping a watch on the trading activity of foreign investors, analysts said. The last batch of the ongoing earnings calendar would trigger stock-specific action, traders said. "This week, we have to deal with macroeconomic data on both the domestic and global front.
The Kapoors have more than one reason to cheer but then again, they don't need a reason to party.
Trends in the global markets, trading activity of foreign investors and announcement of domestic macroeconomic data are the major factors that would drive investors' sentiment in a holiday-shortened week ahead, analysts said. Benchmark indices had a record-breaking rally in the past week driven by impressive GDP data. Equity markets would remain closed on Friday for Mahashivratri.
The Reserve Bank of India's interest rate decision, macroeconomic data and global trends will drive investors' sentiment this week, with markets hoping to continue the positive momentum after ending FY24 on a buoyant note, analysts said. In addition, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude would also influence trading in equity markets. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in the 2023-24.
The glamorous Diwali parties have started, and Manish Malhotra set the fashion tone right in the beginning.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
Escorts' vice-chairman Anil Nanda virtually rejected the peace offer by his elder brother Rajan to resolve the controversy surrounding the sale of Escorts Heart Institute equity, saying smoking a peace pipe would not make the deal legal.
Officials probing a blast that occurred near the Israeli embassy in New Delhi suspect it was a well-orchestrated plan, knowing that no CCTV camera was installed on Prithviraj Road, police sources said on Wednesday.
Look who turned up at Zoya Akhtar's bash for the cast at her home in Mumbai.
The annual day function at Dhirubhai Ambani International School in Mumbai turned out to be a star-studded event, as film folk stepped out to applaud the superstars in their own homes.
Aamir Khan made sure to invite stars, young and old, at the wedding reception of his daughter Ira and Nupur Shikhare.
The police also prepared a list of people who were seen near the spot just before the low-intensity blast occurred on Tuesday with the help of footage taken from CCTV cameras, he said.
Rasha Thadani will be seen in Abhishek Kapoor's movie which co-stars Ajay Devgn's nephew Aaman Devgan.
The Ambanis sure know how to throw a party.
'She was a soft-spoken person who never lost her temper. She loved being at home. She was a delight to work with. Unlike many heroines, she never threw tantrums on the sets,' Asha Parekh, one of Nanda's closest friends, and Sanjay Khan, her costar in three films -- Beti, Abhilasha and Woh Din Yaad Karo -- remember the yesteryear actress who passed away on March 25.
The Delhi High Court will give its verdict on Monday in the BMW hit-and-run case, in which a trial court had convicted and sentenced businessman Sanjeev Nanda to five years imprisonment.Justice Kailash Gambhir, who had reserved the judgment in May, would pass the verdict on the petitions filed by three convicts, including Nanda. Besides Nanda, the court had also convicted Rajiv Gupta and Bhola Nath, and sentenced them to one year and six months in jail, respectively.
Audiences have not seen a hero like Agastya since Rishi Kapoor in Bobby.'
Sriram Raghavan has signed Amitabh Bachchan's grandson for his war drama, Ikkis.
Police suspect that one of the persons who visited the blast site at the Prithviraj Road two hours prior to the incident had come from Jamia Nagar in southeast Delhi.
Sooraj Barjatya organised a special screening of his son Avnish's directorial debut venture Dono, which also launches the careers of Sunny Deol's son Rajveer and Poonam Dhillon's daughter Paloma.
Stars lined up to watch the latest Friday release, Dream Girl 2.
Actor Amitabh Bachchan has gifted his bungalow in suburban Juhu in Mumbai to his daughter Shweta Nanda, according to official documents.
Former Central Bureau of Investigation joint director Amit Kumar, who is now posted as Chhattisgarh police ADG, led the probe into the coal scam that resulted in convictions in a number of cases.
The last Bharat Ratna award was conferred upon Pranab Mukherjee in 2019 and was posthumously awarded to Bhupendra Kumar Hazarika and Nanaji Deshmukh. The award was not given to anyone between 2020 and 2023.
Lalita Babar failed to reproduce her fine showing in the qualification round and finished 10th in the women's 3000m Steeplechase final as Indians continued to disappoint in track and field at the Rio Olympics on Monday. Babar clocked 9:22.74 seconds, nearly three seconds outside her National record of 9:19.76s, set in the qualification round on Saturday.
After three days of investigation into the blast near the Israeli Embassy in New Delhi, the Delhi Police is planning to register a first information report (FIR) as they have found 'crucial evidence' pointing to a conspiracy to threaten the envoy, sources said on Friday.
Quarterly earnings, global trends and trading activity of foreign investors will drive stock markets in this holiday-shortened week, analysts said. It will be a trading holiday on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya. Equity markets would also remain closed on Friday for Republic Day.
While Shah Rukh Khan was away in Dubai attending the opening ceremony of the DP World International League T20, his family was partying with Kajal Anand, who celebrated her birthday over the weekend.
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