The S&P BSE Sensex was little changed at 44,269.34 as of 9:53 a.m. in Mumbai, while the NSE Nifty 50 Index was also flat. Both indexes are trading close to record highs set Tuesday.(Bloomberg)
The S&P BSE Sensex was little changed at 44,269.34 as of 9:53 a.m. in Mumbai, while the NSE Nifty 50 Index was also flat. Both indexes are trading close to record highs set Tuesday.(Bloomberg)

Indian stocks head for best weekly streak since July ahead of GDP

Surging inflows from foreign investors have helped drive Indian equities higher even with the economy probably in its first technical recession since at least 1996.
By Bloomberg | Posted by Srivatsan K C
PUBLISHED ON NOV 27, 2020 11:25 AM IST

India stocks headed for a fourth straight week of gains, the longest streak since July, as investors assess the pace of economic recovery.

The S&P BSE Sensex was little changed at 44,269.34 as of 9:53 a.m. in Mumbai, while the NSE Nifty 50 Index was also flat. Both indexes are trading close to record highs set Tuesday.

Surging inflows from foreign investors have helped drive Indian equities higher even with the economy probably in its first technical recession since at least 1996. While signs of a recovery are emerging, a report after markets close today will show gross domestic product contracted 8.2% in the quarter through September, according to economists’ estimates.

“Our view is that portfolio inflows and local equities will hold up as investors’ appetite for risk increases amid a global economic recovery,” Shilan Shah, an economist at Capital Economics (Asia) Pte Ltd. wrote in a note.

Net foreign equity purchases of $14.5 billion so far this year through Nov. 25 are already the most since 2014, according to data compiled by Bloomberg. The addition of 12 Indian stocks to MSCI Inc.’s global standard indexes in its quarterly review, effective from Nov. 30, may also help boost inflows.

The yield on the benchmark 10-year government bond rose by two basis points to 5.89%, while the rupee strengthened 0.1% to 73.7988 per US dollar.

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A tractor parade by the farmer unions meant to highlight their demands dissolved into anarchy on the streets of the national capital during the day (ANI Photo)
A tractor parade by the farmer unions meant to highlight their demands dissolved into anarchy on the streets of the national capital during the day (ANI Photo)

No place for such incidents in democracy: Cong

PTI, New Delhi
PUBLISHED ON JAN 26, 2021 09:56 PM IST
  • Putting the onus of Tuesday's events on the government and questioning it for not accepting the farmers demands, Congress chief spokesperson Randeep Surjewala said it was not right on the government's part to create a facade of talks and neither conceding to their demands nor proposing any solution.
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Web series 'Tandav' started streaming on Amazon Prime on January 15.
Web series 'Tandav' started streaming on Amazon Prime on January 15.

'Tandav' director to appear before Lucknow Police, crucial SC hearing tomorrow

By hindustantimes.com | Edited by Amit Chaturvedi
PUBLISHED ON JAN 26, 2021 09:56 PM IST
'Tandav', a nine-episode political thriller, started streaming on Amazon Prime on January 15. The web series stars Saif Ali Khan, Dimple Kapadia and Mohammed Zeeshan Ayyub among others.
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Police lathicharge farmers who were attempting to break barricades at ITO during their 'tractor march' on Republic Day, in New Delhi on Tuesday.(PTI Photo)
Police lathicharge farmers who were attempting to break barricades at ITO during their 'tractor march' on Republic Day, in New Delhi on Tuesday.(PTI Photo)

Legal action to be taken against those who assaulted police during tractor rally

ANI
PUBLISHED ON JAN 26, 2021 09:55 PM IST
The time and the routes for the tractor rally were finalised after several rounds of meetings held among Uttar Pradesh, Haryana, Delhi police, and farmers' leaders.
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Sikar and Bhilwara in Rajasthan recorded minimum temperatures of 0.5 degrees Celsius and 1.6 degrees Celsius, respectively.(HT Photo/ Sakib Ali )
Sikar and Bhilwara in Rajasthan recorded minimum temperatures of 0.5 degrees Celsius and 1.6 degrees Celsius, respectively.(HT Photo/ Sakib Ali )

Cold wave intensifies in parts of Rajasthan; some respite for Kashmir

PTI
PUBLISHED ON JAN 26, 2021 09:47 PM IST
In Uttar Pradesh, cold wave conditions prevailed at isolated places in the past 24 hours with the lowest temperature recorded at 2.4 degrees Celsius in Etawah.
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VK Sasikala. (File photo)(HT_PRINT)
VK Sasikala. (File photo)(HT_PRINT)

Expelled AIADMK leader Sasikala to be released from prison tomorrow

By hindustantimes.com | Edited by Amit Chaturvedi
PUBLISHED ON JAN 26, 2021 09:44 PM IST
  • Sasikala was sentenced to four-year imprisonment in February 2017 in the 66 crore disproportionate assets case along with her sister-in-law J Ilavarasi and former Tamil Nadu chief minister late Jayalalithaa's foster son VN Sudhakaran.
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Farmers clashed with Delhi Police personnel near Akshardham. Vehicles parked on the road and DTC buses were damaged(PTI Photo)
Farmers clashed with Delhi Police personnel near Akshardham. Vehicles parked on the road and DTC buses were damaged(PTI Photo)

Timeline of Trouble: Vandalism and violence during Delhi’s R-Day tractor rally

Written by Aditi Prasad, New Delhi
UPDATED ON JAN 26, 2021 09:52 PM IST
It all began when protesting farmers broke their agreement with the Delhi police and started deviating from approved routes and started moving towards central Delhi.
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Several people, including police personnel, suffered injuries during the clash between protesting farmers and police.(Reuters)
Several people, including police personnel, suffered injuries during the clash between protesting farmers and police.(Reuters)

Delhi police: 83 personnel injured after clashes during farmers' tractor rally

ANI, New Delhi
UPDATED ON JAN 26, 2021 09:30 PM IST
Delhi Police had released the names of the cops who had sustained injuries in the evening.
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"Let me wish everyone in India, as well as those celebrating here in Britain, a very Happy Republic Day," PM Johnson had said.(Screenshot. Twitter/@UKinIndia)
"Let me wish everyone in India, as well as those celebrating here in Britain, a very Happy Republic Day," PM Johnson had said.(Screenshot. Twitter/@UKinIndia)

India thanks British PM Boris Johnson for Republic Day wishes

ANI, New Delhi
UPDATED ON JAN 26, 2021 09:17 PM IST
Anurag Srivastava, Ministry of External Affairs (MEA) spokesperson, tweeted "We thank Prime Minister of United Kingdom @BorisJohnson for his warm wishes on the occasion of India's 72nd RepublicDay."
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Sasikala was sentenced to four years imprisonment in February 2017 in the <span class='webrupee'>₹</span>66 crore disproportionate assets case.(PTI)
Sasikala was sentenced to four years imprisonment in February 2017 in the 66 crore disproportionate assets case.(PTI)

Sasikala to be released on January 27 after serving four-year term in prison

PTI
PUBLISHED ON JAN 26, 2021 09:09 PM IST
According to prison authorities, the former aide of late Tamil Nadu Chief Minister J Jayalalithaa, will be formally released tomorrow.
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At least 19 people have been taken to two Delhi hospitals following violence during the tractor rally on Tuesday in the national capital(PTI Photo)
At least 19 people have been taken to two Delhi hospitals following violence during the tractor rally on Tuesday in the national capital(PTI Photo)

News updates from HT: 19 people hospitalised following violence at tractor rally

By hindustantimes.com, Hindustan Times, New Delhi
UPDATED ON JAN 26, 2021 08:52 PM IST
  • Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.
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Punjab chief minister Amarinder Singh(HT photo)
Punjab chief minister Amarinder Singh(HT photo)

Violence by certain elements in Delhi unacceptable, says Captain Amarinder

UPDATED ON JAN 26, 2021 08:48 PM IST
  • Captain Amarinder Singh the violence would negate the goodwill the farmers had earned through their peaceful protests so far.
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Police lathicharge farmers who were attempting to break barricades at ITO during their 'tractor march' on Republic Day, in New Delhi.(PTI Photo)
Police lathicharge farmers who were attempting to break barricades at ITO during their 'tractor march' on Republic Day, in New Delhi.(PTI Photo)

Shiromani Akali Dal condemns violence in Delhi during farmers' tractor parade

PTI
PUBLISHED ON JAN 26, 2021 08:42 PM IST
The party, in a statement here, said it stands for peace and communal harmony and believes in democratic values.
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Haryana police personnel during a mock drill at Badarpur border in Faridabad.(PTI)
Haryana police personnel during a mock drill at Badarpur border in Faridabad.(PTI)

Haryana shuts down mobile internet services in three NCR districts

PUBLISHED ON JAN 26, 2021 08:25 PM IST
  • The Haryana government said the decision was taken on the basis of intelligence reports on the likelihood of violence and disturbance of public peace in the state's national capital region districts
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Gurugram: Haryana Police personnel conduct a march near Rajiv Chowk as part of preparations for farmers' tractor rally, in Gurugram, Monday, Jan. 25, 2021. (PTI Photo) (PTI01_25_2021_000228B)(PTI)
Gurugram: Haryana Police personnel conduct a march near Rajiv Chowk as part of preparations for farmers' tractor rally, in Gurugram, Monday, Jan. 25, 2021. (PTI Photo) (PTI01_25_2021_000228B)(PTI)

Haryana on high alert after chaos in Delhi during tractor parade

PTI
PUBLISHED ON JAN 26, 2021 08:21 PM IST
In view of the violent incidents in several areas during the farmers' tractor parade in Delhi, Haryana Director General of Police Manoj Yadava said a 'high alert' has been sounded in the state.
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A protesting farmer hurls back a tear gas shell towards police as they march to the capital breaking police barricades during Republic Day celebrations in New Delhi, on Tuesday.(AP Photo)
A protesting farmer hurls back a tear gas shell towards police as they march to the capital breaking police barricades during Republic Day celebrations in New Delhi, on Tuesday.(AP Photo)

Feel ashamed and take responsibility: Yogendra Yadav on protest violence

PTI
PUBLISHED ON JAN 26, 2021 08:15 PM IST
"I appealed continuously that we stick to whatever route was decided and not deviate. Only if the movement goes peacefully, we will be able to win," said Yogendra Yadav, who has been supporting the farmers' agitation against the new agriculture laws.
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