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Indian markets hit new record highs today, Sensex crossed the 76K mark intraday while Nifty crossed the 23,100 mark for the very first time. However, at closing markets closed in the red and were mostly flattishETMarkets
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When the stock market opened for trading today, investors had cues from two central bankers to choose from - the world's most powerful Jerome Powell, who runs the US Federal Reserve, and RBI Governor Shaktikanta Das. Ignoring Fed officials' concerns over the lack of progress on inflation as revealed in Fed minutes, the bulls chose to focus on the b…
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In recent times, Indian holders of derivatives have faced significant financial losses, a concern that has caught the attention of the government and Finance Minister Nirmala Sitharaman. This situation intriguingly intersects with the Wall Street-based hedge fund Jane Street Group, which is currently embroiled in lawsuits involving two of its emplo…
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The markets are in a mixed zone due to voting for the third phase of the Lok Sabha election. Indian markets closed down and were mainly dragged by index heavyweights such as Reliance Industries, banking, and auto stocks.ETMarkets
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Markets erased morning gains due to losses in RIL, L&T, HDFC Bank, and Airtel. These stocks pulled down the headline indices, the most in terms of their contribution to the respective indices.ETMarkets
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Highest-weighted banking stocks on Nifty traded with strong momentum. ICICI Bank, SBI, HDFC Bank and Kotak Bank were four of the top contributors today. Nifty Bank hit a fresh lifetime high today rising 1200 ptsETMarkets
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From the Sensex pack, JSW Steel and Tata Steel were the top gainers, and rose 4% and 2.7%, respectively. Power Grid, Kotak Bank, UltraTech Cement, NTPC, and Bajaj Finance also ended with gains, while TCS, Tech Mahindra, Maruti, and Infosys closed with cuts.ETMarkets
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Bharti Airtel, ITC, Infosys, SBI, Maruti, and Tata Motors were the top contributors to the Sensex. However, Reliance, Sun Pharma, HDFC Bank, and M&M put downward pressure on the index. RIL alone dragged the indices down by 127 points.ETMarkets
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Iran Saturday night launched a drone missile attack on Israel. This was in response to a suspected Israeli strike on its consulate in Damascus on April 1 in which seven Iranian Revolutionary Guard Corps personnel, including two generals, were killed.ETMarkets
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A hotter-than-expected inflation data in the US has faded hopes that Fed would cut interest rates as early as June. Fed minutes also showed that officials had begun worrying that the current policy rate was not restrictive enough.ETMarkets
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Financials rose after RBI relaxed norms brought in December, which mandated lenders should set aside higher provisions if they bought into alternative investment funds, that, in turn, invested in the lenders' borrowers.ETMarkets
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Captain Neikezhakuo Kenguruse, the only Maha Vir Chakra awardee from ASC, climbed barefoot in minus 10°C, shot two inflitrators and hacked two others to death in hand to hand combat before a torrent of bullets tossed him off of the cliff.The Economic Times
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On June 24, 1999, the Air Force sent out a pilot tasked with bombing Point 4388 in Kargil. But the pilot ended up aiming at a Pakistani military base in Gulteri. Fortunately, the flight systems were designed as one pilot had to go first and set the target and then another plane would follow that had the actual fireworks.…
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An inhospitable graveyard at half the height of Everest. A death toll so high that the government had to include the cost of coffins in their budget. A victory painstakingly achieved, territory recaptured yard by yard. That was the Kargil conflict.The Economic Times
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The high thrum of shelling reverberated in thin air as men of the Indian Army climbed a straight cliff of about 1000 ft, the last leg of a 16,700 feet height. An entire contingent of Pakistani Army was up there, responding in kind to the shelling from the Indian plains ahead. The game was afoot.The Economic Times
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