The US Federal Reserve's interest rate decision is the biggest event that would drive sentiments in the domestic stock market this week, besides a host of macroeconomic data from the global front and trading activity of foreign investors, analysts said. The Indian equity market had an exceptional last week, with both the Nifty and Sensex hitting their all-time high levels on Thursday.
The government aims to better its last year's Guinness World Record by lighting 25 lakh diyas on the banks of Saryu river.
Investors' wealth eroded by Rs 9.51 lakh crore on Monday morning, following a crash in equity markets where the benchmark Sensex tanked over 2,400 points, mirroring a sharp plunge in global peers. The 30-share BSE benchmark tanked 2,401.49 points to 78,580.46 in early trade. Following the sharp decline in equities, the market capitalisation of BSE-listed firms dropped by Rs 9,51,771.37 crore to Rs 4,47,65,174.76 crore ($5.35 trillion) during the morning trade.
Former champions Bengal put themselves in a difficult situation to qualify for the semi-finals after being held to a 1-1 draw by a fighting Manipur in their second Group A quarter-final league match of the Santosh Trophy in Chennai on Thursday.
Nearly 13.04 per cent voter turnout was recorded till 9 am on Wednesday in 43 assembly constituencies in Jharkhand where voting is underway in the first phase, officials said.
Goa finished the league stage with 10 points after three victories (Assam 1-0, West Bengal 3-1 and Punjab 1-0) a goalless draw with Tamil Nadu.
Bala Devi becomes first Indian woman to score 50 international goals
The US Fed interest rate decision, ongoing quarterly earnings, macroeconomic data and FII trading activity are the major triggers that will drive stock markets this week, analysts said. Investors would also track global market trends and the movement in global oil prices for further cues. "This week, the focus will shift to global cues, particularly the US markets," Santosh Meena, Head of Research, Swastika Investmart Ltd said.
Lakshman Prasad Acharya has been made the governor of Assam with the additional charge of Manipur while Gulab Chand Kataria has replaced Banwarilal Purohit as the governor of Punjab under major gubernatorial appointments, the Rashtrapati Bhavan has announced.
According to Gandhi's lawyer Kashi Prasad Shukla, the Congress MP, who appeared before special judge Shubham Verma, said he never made a statement against anyone that could lead to a case of defamation.
Defending champions Punjab edged past Karnataka 4-3 in a pulsating penalty shoot-out on Friday to set up a summit clash with Services in the 62nd Santosh Trophy National Football Championship, at the Bakshi Stadium in Srinagar. The teams were locked goalless at the end of 120 minutes play.
Team Anna member and former Karnataka Lokayukta Justice (retd) N Santosh Hegde on Tuesday appealed to Anna Hazare to end his eight-day fast, saying everyone is "honestly" concerned about his health.
Railways edged Maharashtra 5-3 on penalties to reach the Final of the 68th Santosh Trophy after the match ended 1-1 in regulation time. They will now meet Mizoram in the summit clash at the Kanchenjunga Stadium in Siliguri on Sunday.
'We have to keep a watch because India-Sri Lanka has a history that whenever there has been a change in government, either the connectivity projects have been questioned or cancelled or revived.'
Defending champions Bengal on Friday beat Railways by a solitary goal to set up a summit clash against Manipur in the Santosh Trophy football tournament in Guwahati.
Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data.
Reader Santosh Turumalla sent us these pictures from the World Cup in South Africa.
For them it was a late Diwali, as the tunnel collapse happened on November 12, the day of the the festival.
With the absence of any major immediate domestic trigger in sight, investors would focus on global trends and trading activity of foreign investors for further cues in a holiday-shortened week ahead, analysts said. Movement of global oil benchmark Brent crude and rupee-dollar trend would also guide the market. "This week is a truncated one with no major triggers expected. However, we anticipate sector-specific movements amid budget-related buzz.
The National-award winning director talks about what motivated him.
With November 22, 23 and 24 being among the most auspicious dates for marriage this year, hotels across the country are all booked, as are wedding-related ancillary services.
Services successfully defended their Santosh Trophy title after they defeated the hosts Kerala 4-3 in penalty shootout in the summit clash of the 67th edition of the National Football Championships in Kochi, on Sunday.
From attractive EMIs to assured buyback guarantees, luxury carmakers have lined up a slew of offers to woo customers this festival season to address dwindling sales amid rising inventories.
All India Football Federation's principal legal advisor Nilanjan Bhattacharjee made serious 'corruption allegations' against president Kalyan Chaubey.
Kerala lad Denson Devadas struck twice as Bengal made a spectacular comeback to beat Punjab 2-1, ending their 11 years title drought in the 64th National Football Championship for Santosh Trophy in Kolkata.
Defending champions Goa and Punjab scored thumping wins to storm into the semi-finals of the 64th National Football Championship, for the Santosh Trophy, at the Yuba Bharati Krirangan in Kolkata on Tuesday. The former beat Services 4-0, while Punjab trounced Karnataka 5-1 in the quarter-final league.
Maharashtra beat Andhra Pradesh 4-1 to keep their unbeaten record intact and inch closer to a pre-quarterfinal berth in the 64th Senior National Football Championship for the Santosh Trophy on Saturday in Kolkata.
Ace cinematographer and filmmaker Santosh Sivan is delighted by the government's decision to honour him with Padma Shri.
Delhi Metro on Thursday said it has withdrawn a poster on breast cancer awareness that asked women 'to check your oranges' but the questions remained -- does the metaphor obscure the message, does it help women in a cloistered society get comfortable or more awkward by sexualising a body part.
If Maratha activist Manoj Jarange Patil drops a hint of supporting or opposing a particular coalition on the eve of polling on November 20, things may change overnight.
The defamation suit was filed by Indian Police Service officer, Hemanth Nimbalkar, reports Vicky Nanjappa.
To tell us about your father, just mail us at getahead@rediff.co.in (subject: My father) along with your name, the place where you live, your father's name and picture and your message about him.
Tamil Nadu struck once in either half as they went on to beat Manipur 2-0 in the semi-final to book a summit clash against Services in the 66th Santosh Trophy National Football Championships in Cuttack on Saturday.
'It's advisable not to go overboard on a banking sector fund or any other sector fund.'
Rubbishing the Congress' accusation that Team Anna was involved with foreign elements, one of its members and former Supreme Court Judge N Santosh Hegde on Tuesday said blaming a foreign hand was a 'famous statement' of the 1970s. "This was a famous statement of the 1970s. Every time a fault was pointed out, (an allegation was made saying) it is the international phenomenon or a foreign hand is involved," said Justice Hegde.
As the results season kicks in, the quarterly earnings numbers of several blue-chip firms -- such as Infosys and Reliance Industries -- along with global trends and trading activity of foreign investors, will determine equity market movement in the holiday-shortened week ahead, according to analysts. The domestic WPI inflation data for June -- scheduled to be announced on Monday -- will also influence trading sentiments, traders said. Markets will remain closed on Wednesday for Muharram.
As part of the celebrations, Govindas or Dahi Handi participants form multi-tiered human pyramids to break 'Dahi Handis' (claypots filled with curd) suspended in mid-air.
Maharani Lakshmi Bai of Jhansi is a "national hero" and history should not be divided on "communal politics", the Delhi high court said on Wednesday while pulling up the Shahi Idgah managing committee for making "scandalous pleadings" in its plea against installation of her statue inside the Shahi Idgah Park at Sadar Bazar in New Delhi.
Goa won the 63rd National Football Championship, for the Santosh Trophy, when they beat 29-time champions Bengal 4-2 via the tie-breaker at the Nehru Stadium, in Chennai, on Sunday. The teams were locked goalless at the end of normal time.
