After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment. Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20).
Trade pundits and quick think piece experts can speculate all they like, but what works at the box-office is a mystery as always.
Images from the fourth T20 International between India and England in Pune on Friday.
'Justice may or may not happen, but who are those people who did this to her?' 'If the hospital authorities had helped us that day, or the police, then the real culprits would have been caught.' 'Getting justice for my daughter is my goal now and I want the CM to remember that.'
Sambhal, Uttar Pradesh, remains on high alert following violence that erupted on November 24 over a court-ordered survey of the Shahi Jama Masjid. Police have deployed heavy security ahead of Friday prayers and a court hearing on the survey, which is expected to be tense. The violence, which left four people dead and several injured, stemmed from claims that a Harihar temple previously stood at the site of the mosque.
Residents of Tarpura village near Pithampur, Madhya Pradesh, are protesting against the incineration of 337 tons of toxic waste from the 1984 Bhopal gas tragedy at a local facility. They fear the process will be hazardous to health and the environment, despite government assurances. The protest comes after the Madhya Pradesh High Court ordered the transfer of the waste to Pithampur within four weeks. The incident has raised concerns about the potential contamination of soil, underground water, and water sources in the area. The administration has deployed a large police force and held meetings with local residents to address their concerns.
Vikramaditya Motwane and Satyanshu Singh have created an excellent but grim series, applauds Deepa Gahlot.
Foreign investors have made a strong comeback to Indian equities with a net investment of Rs 22,766 crore in the first two weeks of December driven by expectations of rate cut by the US Federal Reserve. This revival follows significant outflows in the preceding months, with Foreign Portfolio Investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October -- the worst monthly outflow on record.
India managed to keep the five-Test series level at 1-1 heading into the Boxing day Test in Melbourne, the fragility of their top order remains a major concern for the tourists.
Leaders of the Maharashtra NDA alliance, including the BJP, Shiv Sena, and NCP, are set to meet with the BJP's national leadership on Thursday to finalize the composition of the new state government. The meeting is expected to confirm the formula of one chief minister and two deputy chief ministers, with the BJP likely to hold the chief ministerial post and its allies Shiv Sena and NCP sharing the deputy chief minister positions. The BJP-led Mahayuti alliance won a landslide victory in the recent state assembly elections, securing 230 seats in the 288-member House.
Ensure the sum insured for the super topup is enough to cover even worst-case scenarios.
'We have been fighting to treat political prisoners differently.' 'Except for Hyderabad and Kolkata, the concept of keeping political prisoners separate doesn't exist in India.'
Prime Minister Narendra Modi on Wednesday vehemently defended Home Minister Amit Shah against the Congress' accusation that he insulted B.R. Ambedkar in a Rajya Sabha speech. Modi asserted that Shah had actually exposed the Congress' "dark history of insulting" the architect of the Indian Constitution. The prime minister went on to detail a litany of actions by the Congress party that he claimed demonstrated their disrespect for Ambedkar, including denying him a Bharat Ratna and preventing his portrait from being displayed in Parliament's Central Hall. He also criticized the Congress for failing to address the plight of marginalized communities during their time in power. Modi highlighted the efforts of his government in implementing Ambedkar's vision and honoring his legacy.
After heavy selling in the past two months, foreign investors have staged a strong comeback to Indian equities with a net investment of Rs 24,454 crore in the first week of December amid stabilising global conditions and expectations of potential US Federal Reserve rate cuts. This revival follows significant outflows in the preceding months, with foreign portfolio investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October - the worst monthly outflow on record.
The Hague mayor, Jan van Zanen, said that the search started as a rescue operation by Saturday afternoon.
If you thought you loved Mohanlal and that you could watch him do anything for 120 minutes, Alone is your chance to put your love to the test, observes Mayur Sanap.
Asked why she is not taking the charge of the bloc, given her credentials as a strong anti-BJP force, Banerjee said, "If given the opportunity I would ensure its smooth functioning."
The year 2024 was the hottest year on record, with the global average temperature exceeding 1.5 degrees Celsius above pre-industrial levels for the first time, according to the European climate agency Copernicus. Every month from January to June was the warmest ever recorded, and from July to December (except August), each month was the second warmest on record. Scientists are warning that the world is entering a new climate reality, with extreme heatwaves, floods, and storms becoming more frequent and severe. The report also highlights the failure of developed nations to meet their climate finance commitments to developing countries, despite the urgency of the situation.
Foreign investors have pulled out Rs 26,533 crore from the Indian equity market this month so far owing to increasing allocations to China, concerns over muted corporate earnings and elevated valuation of domestic stocks. While the sell-off continues, the quantum of net outflows has significantly reduced compared to October, when Foreign Portfolio Investors (FPI) withdrew Rs 94,017 crore ($11.2 billion) on a net basis.
Shinde said he had "good and positive" discussions with Amit Shah and J P Nadda.
India's most valued company, Reliance Industries Ltd (RIL), reported a robust performance in the third quarter of the current financial year (Q3FY25), surpassing analyst expectations. This coupled with positive commentary by brokerages led to the stock of the oil-to-telecom conglomerate surging as much as 4.44 per cent to hit an intraday high of Rs 1,325.1. It settled at Rs 1,301.3 apiece, up 2.57 per cent.
"We continue to be operationally deployed and ever vigilant," he said, adding the IAF continues to monitor all Chinese activities along the LAC.
From Star Wars to Santa to Alia Bhatt, OTT has a variety of entertainment to offer for all ages this week. Sukanya Verma lists her recommendations.
Manchester United languish 14th in the standings on 19 points, their worst placing to end a calendar year since they were 15th in 1989.
Ding will face a stern challenge from the 18-year-old Gukesh, who "doesn't make any mistakes at all" and has had a terrific run in 2024.
'He's actually batting the last 20 balls of an innings now, but still showing that you can make a big impact on the game by doing that.'
From the 30-share Sensex pack, Sun Pharma, Reliance Industries, Infosys, Tata Motors, Infosys, Titan, Maruti and NTPC were among the major laggards. Mahindra & Mahindra, Tech Mahindra, HCL Technologies and IndusInd Bank were the gainers.
Amid criticism and protests against the government over allegations that Cauvery water was being released from Krishnaraja Sagar (KRS) dam to Tamil Nadu, he clarified that the discharge was meant for Bengaluru, and not for the neighbouring state.
Nationalist Congress Party-Sharadchandra Pawar chief Sharad Pawar on Sunday said the Ladki Bahin scheme, women's participation in voting in large numbers, and religious polarisation may have played a role in Mahayuti's victory in Maharashtra assembly polls.
'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.
Forty years after the Bhopal gas tragedy, 377 tons of hazardous waste has been shifted from the defunct Union Carbide factory for its disposal, an official said.
'The Congress cannot speak the BJP's words while targeting Kejriwal.' 'What is the difference between the two? Where is the unity of INDIA then?'
Nationalist Congress Party-Sharadchandra Pawar working president Supriya Sule has said her party, which won just 10 seats in the Maharashtra assembly elections, will introspect over the poll results and pledged to work towards a capable, inclusive and progressive state.
'Naseer does not have the sense of humour that Om Puri has. 'Also Om has a great deal of compassion as a human being. Naseer was too focused on his own self.' A fascinating excerpt from Sangeeta Datta's book, Shyam Benegal.
'You're on that bed not sure what is going on in you life, you're enduring your worst crisis.' 'And then you come there just to show the world that you're with me, you click a picture without telling me and then post it on social media.'
The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
From the Sensex pack, Tata Motors slumped over 7 per cent. Adani Ports, Tata Steel, SBI, Power Grid, JSW Steel and Maruti were the other big laggards. However, Hindustan Unilever and Nestle ended in positive territory.
Barcelona midfielder Gavi delighted to be back after 348-day injury layoff
After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations, coupled with geopolitical uncertainties prompted investors to adopt a more cautious stance. Looking ahead to 2025, FPI flows into Indian equities could see a recovery, supported by a cyclical upswing in corporate earnings, particularly in domestic-oriented sectors like capital goods, manufacturing, and infrastructure, Vinit Bolinjkar, head of research, Ventura Securities, said.
Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar as well as Treasury yields. With this sell-off, Foreign Portfolio Investors (FPIs) have recorded a total outflow of Rs 15,827 crore in 2024 so far. As liquidity tightens, FPI inflows are expected to remain subdued in the short term.
