Among the Sensex pack, Tata Steel tumbled over 5 per cent while JSW Steel tanked nearly 5 per cent. Tata Motors, NTPC, UltraTech Cement, Tech Mahindra, Bajaj Finance, Power Grid, Mahindra & Mahindra, and Reliance Industries were the other major laggards.
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However, Tata Consultancy Services, Infosys, Tech Mahindra, UltraTech Cement, IndusInd Bank, Hindustan Unilever and ICICI Bank were the gainers.
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India's military expenditure in 2024 was nearly nine times that of Pakistan's, according to a study released by the Stockholm International Peace Research Institute (SIPRI). India's spending reached USD 86.1 billion, while Pakistan spent USD 10.2 billion. China's military spending continued to rise, reaching USD 314 billion, accounting for 50% of all spending in Asia and Oceania.
On the 134th birth anniversary of the chief architect of the Indian Constitution, Utkarsh Mishra revisits three incidents from Dr B R Ambedkar's life that lay bare the deeply entrenched nature of caste prejudice.
PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.
Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.
The United Nations condoled and expressed apologies to India over the killing of a former Indian Army officer, who died in war-torn Rafah in Gaza when the vehicle he was travelling in was attacked by shots fired from what it believes was an Israeli tank.
Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.
'Will this near-war, India's strongest military response so far, buy India another seven years of deterrence?' asks Shekhar Gupta.
Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts.
Gold prices tumbled by Rs 1,550 to Rs 91,450 per 10 grams in the national capital on Monday amid heavy selling by jewellers and stockists as well as weak global trend, according to the All India Sarafa Association. On Friday, the precious metal of 99.9 per cent purity had finished at Rs 93,000 per 10 grams.
Kenyan John Korir overcame a tumble near the starting line to win the Boston Marathon on Monday, finishing in two hours four minutes and 45 seconds, while his compatriot Sharon Lokedi denied Hellen Obiri a third straight title in a course record.
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Delhi Capitals skipper Axar Patel would like to quickly forget the underwhelming performances of his side in home conditions and get their stuttering campaign back on track when they take on Sunrisers Hyderabad, who are teetering on the edge of elimination, in the IPL match in Hyderabad on Monday.
Taking a strong exception to pubic criticism of their curator by Harsha Bhogle and Simon Doull, the Cricket Association of Bengal (CAB) has red flagged the two cricket experts.
Bajaj Finserv, Tata Steel, Larsen & Toubro, UltraTech Cement, Kotak Mahindra Bank and Tata Motors were among the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,486.41 crore on Tuesday, according to exchange data.
Gaza based channels reported spotting IDF tanks at the Netzer intersection in Gaza City, a strategic point deep inside the enclave.
India's concerns over a planned naval exercise between Pakistan and Sri Lanka in the strategically important waters of Trincomalee led to the shelving of the drills weeks ago. The exercise was planned as part of regular engagements between the two navies, but India expressed its apprehensions to the Sri Lankan government. Trincomalee, situated on Sri Lanka's northeastern coast, is considered a significant hub in the Indian Ocean region, particularly for India's maritime security interests. The Pakistani Navy's close cooperation with China's PLA Navy has raised concerns in New Delhi about any Pakistani warship presence in Trincomalee. This incident follows previous diplomatic rows between India and Sri Lanka over the docking of Chinese vessels at Sri Lankan ports. India has been actively supporting Sri Lanka's development of Trincomalee's energy infrastructure and has recently signed a defense pact with the country to boost military cooperation.
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Chinese import tariffs have unwittingly come to India's assistance to help boost imports of US liquefied petroleum gas (LPG) at rates cheaper than what it pays for supplies from West Asia, according to industry sources and shipping data.
'You can be sure that the Pakistanis knew when the Indian Air Force aircraft took off, which type these were, and what their likely targets were.' 'The question was: How would they determine that the IAF wanted to fire, and when to bounce them?', notes Shekhar Gupta.
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'Every decision India makes along the LoC, it must also consider implications along the LAC.'
From the Sensex pack, NTPC, Tech Mahindra, Zomato, Axis Bank, Bajaj Finance, Infosys, Maruti, State Bank of India, Kotak Mahindra Bank, Reliance Industries, Hindustan Unilever, and HDFC Bank were the losers. IndusInd Bank, HCL Tech, Titan, Mahindra & Mahindra and Power Grid were the gainers.
India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.
A special court in India has sentenced a man to "triple death sentence" for the rape and murder of a five-year-old girl last year. The court deemed the crime "rarest of rare" and declared the accused "extremely cruel and bestial." His mother and sister were also sentenced to two years in prison for helping to cover up the crime.
From the Sensex basket, Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro and NTPC were the major laggards. Tata Steel, Bajaj Finance, JSW Steel and Bharti Airtel were among the gainers.
'We should not just react when a terror attack happens on our soil.' 'Our approach should be continuous and a launch pad should be destroyed the moment it comes up.'
From the Sensex pack, UltraTech Cement, Infosys, Bajaj Finserv, Axis Bank, HDFC Bank, Bharti Airtel, HCL Tech and Tata Consultancy Services were the biggest gainers. Zomato tanked nearly 6 per cent followed by IndusInd Bank which declined about 5 per cent. Adani Ports, Mahindra & Mahindra, Reliance Industries and Sun Pharma were also among the laggards.
The family of Param Vir Chakra awardee Abdul Hamid has expressed outrage after his name was removed from the main gate of a primary school in Ghazipur, Uttar Pradesh, where he once studied. The school, which was renamed "PM Shri Composite School" after a recent painting work, previously bore the name "Shaheed Hamid Vidyalaya." Despite the family's complaints, the school authorities have yet to reinstate Hamid's name on the main entrance, leaving the family deeply hurt. Abdul Hamid was a war hero who displayed extraordinary bravery during the 1965 India-Pakistan war, destroying three Patton tanks and forcing the enemy to retreat.
'When one air force (India's) hits the other's airbases with impunity and that air force (Pakistan's) is not able to respond, then the air force, which has put the other's airbases out of commission, has won.'
Mahindra & Mahindra, Bharti Airtel, Tata Consultancy Services, Infosys, ICICI Bank, and ITC were the biggest laggards. Foreign portfolio investors (FPIs) offloaded equities worth Rs 4,294.69 crore on Friday, according to exchange data.
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M S Dhoni, known for his sharp judgment and high success rate with DRS, missed it completely. To CSK's dismay, ball-tracking showed there was no inside edge and the ball would have smashed into the leg-stump.
'I think the part we are waiting for is the return of the stolen part of Kashmir which is under illegal Pakistani occupation'
'Unfortunately, India and Pakistan could learn a 'lesson' from this conflict that will make them more likely to use these weapons against each other in the future.' 'Rounds of missile and drone attacks could be more routine features of their hostility, just like artillery fire has become a familiar fact of life along the Line of Control.'
The school, located in Dhamupur village under Jakhanian tehsil, about 35 km from the district headquarters, was originally named after Param Vir Chakra awardee Abdul Hamid, who studied there during his childhood.
'But I don't think the government is in a great hurry to sign the BTA.'
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