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Indian Stock Markets Extend Losses Amid Global Selloff

By
Manali Goswami
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Sensex Surges Over 700 Points; Nifty Tops 21,600 As Banks Lead Rally

The Indian stock markets extended their fall on Thursday, tracking weak global cues and continued selling by foreign investors. The BSE Sensex declined 432 points to 71,069 in early trade, while the NSE Nifty 50 index fell 151 points to 21,420.

All sectoral indices were trading in the red, with financials, oil & gas, metal, and IT stocks witnessing significant losses. On the Sensex pack, Asian Paints, NTPC, PowerGrid, HDFC Bank, IndusInd Bank, and JSW Steel were among the top losers. Meanwhile, Sun Pharma, Axis Bank, Tata Motors, ICICI Bank, M&M, and Bharti Airtel bucked the trend to trade higher.

The selloff comes a day after the Sensex plummeted 1,628 points and the Nifty plunged 460 points, led by a sharp fall in HDFC Bank after its Q3 results disappointed investors. Analysts pointed out that valuations remain elevated and markets are prone to sell-offs triggered by negative news or events.

According to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the sell-off also reflects emerging market weakness amid foreign portfolio investor (FPI) outflows driven by rising bond yields in the US. On Wednesday, FPIs sold equities worth Rs 10,578 crore in the cash market segment. However, some support from domestic institutional investors (DIIs) is likely in fairly valued large caps.

Asian markets presented a mixed picture, with Shanghai lower while Seoul, Tokyo, and Hong Kong trading higher. US markets had declined overnight, further weighing on sentiment. Market participants will closely monitor FII flows and global cues for further direction.

‘Ramayana’ Stars Arun Govil, Dipika Chiklia, Sunil Lahri Arrive In Ayodhya For Ram Temple Ceremony

By
Manali Goswami
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0
'Ramayana' Stars Arun Govil, Dipika Chiklia, Sunil Lahri Arrive In Ayodhya For Ram Temple Ceremony

The lead stars of Ramanand Sagar’s iconic TV series ‘Ramayan’ – Arun Govil, Dipika Chikhlia, and Sunil Lahri, arrived in Ayodhya on Thursday to attend the ‘Pran Pratishtha ceremony of the under-construction Ram Mandir.

Govil, who essayed on the role of Lord Ram, said the grand temple will become India’s ‘Rashtra Mandir’ (national temple) and a source of inspiration, faith, and cultural identity for Hindus across the globe.

Accompanying him were Dipika Chikhlia and Sunil Lahri, who played Sita and Lakshman respectively in the 1980s series that catapulted them to fame for their portrayals of the mythological characters.

The veteran actors expressed their excitement about being part of the once-in-a-lifetime event and said their presence continues to evoke much love from people even years after ‘Ramayan’ originally aired.

The trio has also collaborated to work on a new music album titled ‘Humare Ram Aayenge’, for which they recently filmed songs at various locations in Ayodhya including the Guptarghat.

The recordings have been melodiously rendered by singer Sonu Nigam to commemorate the Ram Janmabhoomi temple construction.

The actors said they feel blessed to be marking the milestone moment in Ayodhya’s history by bearing witness to the ceremonial installation of Lord Ram’s idol at his renewed Janmabhoomi site after years of struggle.

3 Killed, Over 10 Injured As Bus Carrying Cops Collides With Truck In Punjab’s Hoshiarpur

By
Manali Goswami
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0
3 Killed, Over 10 Injured As Bus Carrying Cops Collides With Truck In Punjab's Hoshiarpur

A tragic road accident in Punjab’s Hoshiarpur district claimed three lives and left over 10 police personnel injured on Wednesday morning.

According to police, a bus carrying around 20 policemen collided head-on with a stationary truck near the Mukerian area around 7 am amid dense foggy conditions.

The deceased have been identified as Assistant Sub-Inspector Hardev Singh, bus driver, senior constable Gurpreet Singh, and woman constable Shalu Rana.

The bus was ferrying the police contingent from the Punjab Armed Police camp in Jalandhar to Gurdaspur when the mishap took place.

Due to poor visibility, the bus driver did not spot the truck parked on the highway side and rammed straight into it, completely damaging the front portion of the bus.

While three cops including the driver died on the spot, over 10 personnel suffered injuries and were admitted to the civil hospitals in Dasuya and Mukerian by local authorities.

The condition of some of the injured cops is said to be critical. Police teams are on the site investigating further details surrounding the accident.

The tragic loss of three police officials in the crash has sent shockwaves across the state police department. Further probe would reveal if negligence or oversight on the driver’s part caused the fatal collision on a foggy winter morning.

Apple’s Upcoming VR Headset To Offer 150+ 3D Movies Like ‘Avatar 2’, ‘Dune’

By
Manali Goswami
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0
Apple's Upcoming VR Headset To Offer 150+ 3D Movies Like 'Avatar 2', 'Dune'

Apple’s highly anticipated mixed reality headset, the Vision Pro, will come pre-loaded with over 150 3D movies and offer compatibility with popular streaming apps when it launches on February 2nd.

The tech giant revealed that the Vision Pro will provide access to 3D versions of recent blockbusters such as “Avatar: The Way of Water,” “Dune,” “The Super Mario Bros. Movie,” and “Spiderman: Into the Spiderverse” among dozens of other titles.

Additionally, streaming platforms like Disney+ are working on exclusively releasing new 3D content optimized for the headset. This includes films, series, and Disney+ originals yet to be announced.

The Vision Pro is designed to convert any environment into a personal, cinematic experience using micro-OLED displays and Apple’s new Immersive Video format that supports 8K 3D video with spatial audio.

For travel usage, Apple has introduced a ‘Travel Mode’ to stabilize visuals during air travel. The headset can also be shared with others using the ‘Guest User’ feature granting access to select apps.

Apple claims over 2 hours of battery life and 2.5 hours of continuous video playback on a full charge. The headset can also be powered externally through a USB-C cable.

Pre-orders for the Vision Pro open on January 19th starting at $2,999. Apple is emphasizing optimization with over 1 million iOS and iPadOS apps at launch.

With 3D versions of popular films, travel mode, guest access, and mainstream streaming apps onboard, Apple’s Vision Pro aims to deliver unmatched mixed reality experiences in a slick package when it hits stores next month.

Arctic Blast Ends 2-Year ‘Snow Drought’ In New York; Brings Frigid Temperatures Across US

By
Manali Goswami
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0
Arctic Blast Ends 2-Year ‘Snow Drought’ In New York; Brings Frigid Temperatures Across US

After nearly two years of unusually warm and dry winters, an Arctic cold front sweeping across the United States has ushered in heavy snow and record-breaking subzero temperatures this week.

In New York City, which has seen barely a dusting of snow since 2021, up to 1.4 inches coated Central Park as of Tuesday morning. The National Weather Service’s New York office announced on Facebook, “The streak has ended!” referring to the two-year drought of significant snowfall.

Parts of western New York endured a massive blizzard dumping over 3 feet of snow, with a further lake-effect snow warning in place until Thursday. The interaction of cold winds with the unfrozen Great Lakes frequently causes localized heavy snow in winter.

The nation’s lowest temperature was recorded at -36F in Briggsdale, Colorado, with wind chills poised to hit -30F across the Northern and Central plains. At least 5 deaths have been linked to the cold snap so far.

The chill has extended to the UK as well, with Tuesday night expected to be the coldest January night since 2010. Scotland in particular may see over 10cm of snow and temperatures as frigid as -15C.

The extreme weather has prompted school closures in Scotland and northern England. Yellow warnings for ice and snow have been issued UK-wide. By Friday, over 40cm of snow is predicted to pile up in Scottish highlands.

With the NHS under pressure, the UK Health Security Agency released an amber cold weather alert, citing threats to elderly and vulnerable citizens. Temperatures are running 5 to 6 degrees Celsius below the January average.

So after years of mild winters, the US and UK are finally witnessing a bone-chilling cold spell and disruptive snowfall thanks to winds sweeping down from the Arctic circle.

Fan Who Breached Security To Hug Virat Kohli Receives Hero’s Welcome Back Home

By
Manali Goswami
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0
Fan Who Breached Security To Hug Virat Kohli Receives Hero's Welcome Back Home

The overzealous cricket fan who dodged security personnel to hug Virat Kohli during the India-Afghanistan T20I in Indore is being celebrated as a hero in his hometown.

A video has gone viral showing the young man getting garlanded by his friends upon his return. They are seen cheering his audacious stunt at the Holkar stadium which enabled him to meet his icon Kohli up and close.

The fans had entered the stadium stands using a valid ticket. However, in his enthusiasm to meet Kohli, he scaled the fence and invaded the playing area. The security guards tried unsuccessfully to stop him as he ran onto the field and hugged Kohli from behind while India was fielding.

After the brief embrace, the guards escorted him off the ground and he was subsequently detained by local police. He has been identified simply as an ardent admirer of Virat Kohli who wanted to meet his cricketing hero.

While the breach was a security risk and violated protocol, the young man’s friends and local community are celebrating his daredevil act.

The video of him returning home to cheering supporters shows just how highly his Kohli-hugging escapade is being looked upon. From dodging security personnel to receiving garlands – it’s been an eventful past few days for the die-hard Virat Kohli fan.

The Indore T20I may have ended in defeat for India, but this fan certainly won hearts for the lengths he went to just to meet his idol up close and personal.

Drama In Bigg Boss House As Vicky Jain Refuses To Kiss Wife Ankita Lokhande

By
Manali Goswami
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Drama In Bigg Boss House As Vicky Jain Refuses To Kiss Wife Ankita Lokhande

In a rather awkward moment on the reality TV show Bigg Boss 17, contestant Vicky Jain refused to kiss his actress wife Ankita Lokhande when she tried to get intimate with him on the show.

During Tuesday’s episode, Ankita attempted to patch things up with Vicky after the couple had several heated arguments in recent episodes. Their relationship troubles have been a prime focus in the show’s final weeks.

Ankita got dressed up, showed Vicky her makeup, and went to kiss him while he was lying in bed. However, Vicky felt uncomfortable and gently asked her not to kiss his cheek again.

“It doesn’t look nice repeatedly. Don’t get angry, please try to understand and just smile,” Vicky told Ankita.

To this, the actress retorted, “Who else should I kiss if not my husband? You don’t kiss me, at least let me do it.”

Vicky clarified that he felt awkward kissing on the lips in front of the national television audience. Ankita mentioned she only tried to kiss his cheek.

In another twist, Ankita accused Vicky of behaving like a “womanizer” in the house. The couple’s mothers also entered the Bigg Boss house last week, possibly to mediate between the duo.

As the show nears its finale, melodrama has gripped the Bigg Boss 17 house. All contestants are pulling out the stops to clinch the winner trophy. The Vicky-Ankita equation will likely stoke more drama and clashes before a winner is declared.

Thick Fog In Delhi Leads To Massive Disruption In Flights, Trains; Over 100 Flights Delayed, 25 Cancelled

By
Manali Goswami
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0
Thick Fog In Delhi Leads To Massive Disruption In Flights, Trains; Over 100 Flights Delayed, 25 Cancelled

Dense fog conditions over the past 24 hours have resulted in major disruptions in flight and train operations in Delhi, leaving hundreds of passengers hassled.

As per Delhi airport authorities, low visibility due to fog has led to delays in the departure of over 110 flights and the cancellation of 25 flights till Wednesday morning. Several trains heading in and out of Delhi also run behind schedule by 5-7 hours due to poor visibility.

Passengers were seen waiting anxiously at the Delhi airport and railway stations in light of the delays and cancellations. Many complained about trains and flights getting rescheduled on the day of travel with little information from the carriers.

“I have come from Dubai and my flight got delayed by 2 hours. It has been very inconvenient,” said passenger Mritunjay Kumar at the Delhi airport.

Similarly, Ajay, a railway passenger heading to Kerala said, “The Kerala Express I was to take is running 5 hours behind schedule. I have no idea what time it will arrive or depart.”

The India Meteorological Department has said dense to very dense fog is likely to envelop parts of North India over the next 4-5 days. On Tuesday night, visibility dropped to 300 meters and improved only slightly to 600 meters by Wednesday morning.

The adverse weather has also impacted road travel, leading to fatal accidents. In one incident in Muzaffarnagar, UP, two people were killed as their tractor plunged into a canal due to poor visibility.

Taking serious note of the situation, Aviation Minister Jyotiraditya Scindia stated that the 4th runway at Delhi Airport will be operationalized soon to minimize disruption during inclement weather. He also indicated that a standard protocol will be framed to facilitate better communication and assistance to passengers.

The dense fog spell is expected to continue this week, which may lead to persistent delays and cancellations across transportation services in North India.

Sensex Plunges Over 1,000 Points; Nifty Slips Below 21,750

By
Manali Goswami
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0
Sensex Surges Over 700 Points; Nifty Tops 21,600 As Banks Lead Rally

The Indian stock markets witnessed a sharp selloff on Wednesday morning, with the benchmark Sensex plunging over 1,000 points and the Nifty slipping below the 21,750 level.

The BSE Sensex tanked 1,029 points or 1.4% to trade at 72,099 in early deals. Similarly, the NSE Nifty 50 index fell 287 points or 1.3% to 21,745.

The banking stocks were the worst hit in today’s session, contributing significantly to the indices’ fall. HDFC Bank plunged over 6% on the BSE and was the top Sensex loser. Other banking names like Kotak Mahindra Bank, ICICI Bank, and Bajaj Finserv also faced heavy selling pressure.

Besides banking, metal and realty stocks also bore the brunt of selling. Tata Steel, JSW Steel, IndusInd Bank, Mahindra & Mahindra were among the other prominent losers – down between 2-5%.

On the flip side, IT stocks like TCS, Infosys, HCL Tech, and Tech Mahindra managed to buck the weak trend and trade higher. Gains in these counters, along with PowerGrid, L&T, and ITC, lent some support and capped the downside.

The sharp fall in domestic indices mirrored the bearish trends in global equity markets amid recessionary fears. Lingering worries over inflation and tighter monetary policy across the world have spooked investor sentiment.

In the previous session on Tuesday, the Sensex had dropped 199 points or 0.3% to close at 73,129. The Nifty 50 index lost 65 points or 0.3% to settle at 22,032.

Ram Temple Trust Invites Star Couple Virat Kohli & Anushka Sharma For Ayodhya Event

By
Manali Goswami
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0
Ram Temple Trust Invites Star Couple Virat Kohli & Anushka Sharma For Ayodhya Event

The Shri Ram Janmbhoomi Teerth Kshetra trust has invited star Indian cricketer Virat Kohli and his Bollywood actress wife Anushka Sharma as special guests for the historic inauguration of the Ram Mandir on January 22nd.

Pictures of the power couple posing with the ornate invitation card have been widely shared on social media ahead of the high-profile ceremony in Ayodhya. Several other eminent personalities are also expected to attend.

Earlier, the trust had sent invitees to iconic cricketers Sachin Tendulkar and MS Dhoni. Their presence along with Virat Kohli would add excitement and celebrity appeal to the event.

Notably, Kohli made his long-awaited return to Team India’s T20 squad last week after more than a year out. He smashed 29 runs off 16 balls in Indore T20I, showing glimpses of his vintage best. His attacking approach has boosted selection chances for the upcoming T20 World Cup.

The guest list has over 7,000 invitees including PM Modi, UP CM Yogi Adityanath, and other dignitaries. Elaborate arrangements have been made in Ayodhya including decking up roads and sprucing up ghats.

Meanwhile, Anushka Sharma’s last screen appearance was in 2018 movie ‘Zero’. She plays former Indian women’s cricket captain Jhulan Goswami in her upcoming OTT movie ‘Chakda Xpress’, produced by her own banner.

The high-profile celebrity couple’s presence will undoubtedly take the glamour quotient a notch higher at the Ram Mandir inauguration which holds huge cultural and spiritual significance in India.

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