Families of victims of the explosions gather at the courtyard of a hospital in the city of Kerman, about 510 miles (820 kilometres) southeast of the capital Tehran, Iran, on Jan. 3, 2024. | Photo Credit: AP Eight Indian Navy veterans get 60 days to contest Qatar jail terms QatarRead More →
Year-Ender 2023: The Indian stock market faced a volatile 2023, buffeted by a confluence of global and domestic headwinds. Foreign investor flight, escalating US yields, and the Adani-Hindenburg saga wreaked havoc in the first half of the year, while the second half saw glimpses of revival driven by IT gainsRead More →
In 2023, the Nifty marked its eighth consecutive year of positive performance, showcasing its resilience in the face of challenges. Despite experiencing major headwinds like global monetary tightening, particularly US Fed rate hikes, the Indian economy and market demonstrated remarkable resilience in 2023. The year commenced with elevated inflation, geopoliticalRead More →
After the benchmark Nifty touched the 21,000-mark recently, the Sensex hit 70,000 on 14 December, a milestone. While this marks the fifth time in December that the Sensex has hit a peak, it is the first time it closed above 70,000. Mint explains: What were the key drivers of theRead More →
However, in the first sign of caution in a blistering rally, retail and wealthy investors initiated cumulative short positions of 11,738 contracts on Nifty and Bank Nifty futures on Monday, after being net buyers for over two months. To be sure, foreign portfolio investors (FPIs) cut their cumulative net shortsRead More →
The Nifty may test 20,500 levels, thanks to short-covering by foreign portfolio investors (FPIs) as well as retail and high net-worth option sellers. Ahead of election results, FPIs held net short futures positions of 47,161 Nifty and Bank Nifty contracts, and net long index put options totalling 240,625 contracts. AnalystsRead More →
The Sensex, which, unlike the Nifty, missed reaching a fresh high last week, is expected to test its previous record on the bullish sentiment. The outcome of the state elections–with the BJP leading in Rajasthan, Madhya Pradesh, and Chhattisgarh–reinforces the likelihood of the political party winning the national election nextRead More →
Equity markets in India will fall if Prime Minister Narendra Modi’s party fails to retain power in national elections due next year, according to Chris Wood, the global head of equity strategy at Jefferies LLC. If the ruling Bharatiya Janata Party faces a surprise defeat in the national polls, asRead More →
.JPG?resize=690%2C500&ssl=1 "Adipurush’s Hanuman kicks off political row across India")
A seat reserved for Lord Hanuman in a theatre where Prabhas-starrer Adipurush was screened in Vijayawada on June 16, 2023. | Photo Credit: G.N. Rao Adipurush, the latest film based on the Ramayana, has kicked off a political storm, with many leaders across the ideological spectrum — from the CongressRead More →
A Congress win in Karnataka is unlikely to have any major impact on the domestic market sentiment which has been witnessing positive momentum of late because of sustained capital inflow by foreign investors, broadly in-line March quarter earnings and healthy macroeconomic indicators. As Mint reported earlier, the Congress is likelyRead More →
