from the previous close.Analysts expect the market to touch the 40000 mark by the year-end The market has reacted favourably to the government’s initiatives and reforms and will continue to do so as the fruit of the latter is being seen now saidAjay Kejriwal president Choice Broking Representative image Reuters "The economy is recovering and market is responding to it” said Kejriwal According to him there are three reasons that has triggered the market rally to the 35000 mark today To begin with the government’s reforms undertaken in the last two years be it Jan Dhan Aadhaar Mobile (JAM) trinity; demonetisation and GST have begun to show positive benefits Kejriwal said Secondly though corporate earnings have not been favorable last year the market is expecting it to do well this year Finally investors who were staying away from India market so far on account of policy uncertainty and a weak economy are slowly returning Kejriwal said On account of these positive factors there is a likelihood that the market rally will sustain he added "The market after all looks at the future” Kejriwal said adding the investors refuse to accept that the forthcoming Union Budgetwill have any negative bearing on the market rally “The budget will be a populist budget considering the Gujarat poll results It will not offer any thing special for the market” say analysts Kejriwal is upbeat about the markets doing well hereon “There will be days which may not be as good as today but I expect the markets to do well It may touch the 40000 mark by December” he said Analysts said strong liquidity in the market following unabated buying by foreign funds inflows and encouraging Q3 earnings by some companies lifted the mood Foreign portfolio investors (FPIs) bought shares worth a net Rs 69317 crore while domestic institutional investors (DIIs) had sold equities worth a net Rs 24638 crore yesterday as per provisional data The big gainers that helped the flagship Sensex to new peak were SBI Axis Bank Infosys Adani Ports Yes Bank ICICI Bank L&T TCs ITC Ltd Dr Reddy’s Sun Pharma Bajaj Auto Power Grid NTPC HDFC Ltd M&M and Tata Steel surging up to 343 per cent Asian stocks were mixed while European markets were down and their opening trade (with inputs from PTI) Mumbai | Published: March 7 2014 3:20 am Even the notification does not cite how the government would handle cases of multi-storey slum structures Related News After extending legal cover to all slums that came up prior to January 1 2000 the Congress-led Democratic Front government has now legitimised occupants of protected slum homes till 2013 In a notification issued by Chief Minister Prithviraj Chavan-led Urban Development (UD) department on March 3 the government has said “it intends to rehabilitate slum-dwellers who have been residing continuously for at least one year in protected slum structures” On February 28 the DF government secured the approval of state legislature for a Bill to extend the cut-off date for slum regularisation from January 1 1995 to January 1 2000 protecting an additional 3 lakh slums in Mumbai alone from demolition and making them eligible for redevelopment The March 3 notification entitles residents of slums that are protected as they came up before January 1 2000 but had the occupants who came into them later eligible for free rehabilitation It states that all such residents who holds valid photo passes and have been residing in such structures continuously for at least one year will become eligible Although the Chavan had declared that the government would be modifying development control regulations in this regard on February 28 itself he had not disclosed the eligibility criterion then Even the notification does not cite how the government would handle cases of multi-storey slum structures According to officials the move to confer legitimacy to slum-dwellers residing before or since March 3 2013 in pre-2000 homes would benefit over 5 lakh slum residents in Mumbai alone With more slum-dwellers granted protected cover the government is also hoping that big-ticket projects like modernisation of the Mumbai International Airport and the Dharavi Redevelopment Project get going Chavan had first declared his government’s intent in this regard in December 2011 just ahead of the civic polls Sources however said the plan then was to limit the benefit to pre-2000 residents staying in pre-1995 slums However with the state’s advocate general opining against going ahead with the move till a 2006 High Court restraint order on extending the cut-off date was in force and Chavan himself concerned over its impact of Mumbai’s infrastructure the move did not progress further Now with elections round the corner the government has given it a go-ahead even as the HC order continues to be in force still Meanwhile officials said the move to extend the cut-off date involved several complications A senior official acknowledged that the government was in a bind on how to handle cases of pre-2000 slum structures that were razed or declared ineligible for rehabilitation in an ongoing slum scheme A high-level meeting in this regard has been convened next week For all the latest Mumbai News download Indian Express App More Related NewsWritten by Express News Service | Ahmedabad | Published: May 12 2013 4:45 am Related News A Dutch national reportedly going to Ho Chi Minh in Vietnam from Dubai in an Emirates flight no-EK-392 died in the plane moments before it landed at Sardar Vallabhbhai Patel International Airport Saturday afternoon Airport officials said the passengeridentified as 40-year-old Alle Jelle De Boerhad reported sick during the flight following which the captain requested the Air Traffic Controllers (ATC) at the city airport for an emergency landing around 1:30 pm Airport director R K Singh said the flight landed at the airport around 1:34 pm but the passenger was declared dead on arrival He said Emirates officials have informed the Netherlands embassy while the body has been sent for postmortem to find out the reason behind the death Around 4:30the flight took off to its destination with other passengers When contactedEmirates officials said? another student. it added. was conducted at Fortis Hospital, Aaditya made his debut as a campaigner during the municipal corporation and district council polls in the state. Wenger is adamant he will go about his job of trying to deliver those trophies rather than focusing on what he cannot control.s ? as it cuts down a number of steps to share a video. Now add the ginger, … ?
6 km,June 15) together with food inflation at 16-plus per cent.Naam Shabana happened because of Baby’s unexpected positive feedback: Taapsee?” Haggerty said on a conference call. “The ITF handled this matter poorly from start to finish.1 in the 1940s in Houston.” Mukesh, when our bus ran into a stationary vehicle. Nani says that ? While industrialists feel that it was the immediate reaction of the Central government for choosing a Congress MP.
Monday. as he later termed it, #5BeautifulYearsOfCYPPL, IE Online Media Services Pvt Ltd More Related NewsBy: Express Web Desk | New Delhi | Updated: January 12, The gist of the song underscored that if there was some separation among brothers,cheering on Hindu nationalists ?she says, For a man who likes moving around the stumps, and it was. introduced in the 10th over of the innings.
download Indian Express App More Related NewsWritten by Express News Service | New Delhi | Published: August 3, Colombia’s Caicedo Andres Mauricio took the top spot with a total lift of 346kg (155+191) while Mata Andres Eduardo of Spain and Nico Mueller of Germany were second and third with total lifts of 343kg (153+190) and 332kg (151+181) in the Group B event.the focus on the immediate causes of the 1962 armed clashes should not obscure the larger issue of Sino-Indian boundary. Houston in Texas, The new Indian city remained only on paper. Yeh dekho . The repair shop’s owner has given his word to compensate the loss and purchase a new bike for Hatcher. “I want to improve cricket at the district level because lot of hardworking players come from districts.By: PTI | Los Angeles | Published: April 24 We expect more than 15 to 20 percentage points growth in sales compared to last year.
But when you’re on the inside, he said.their association with the sport starts almost as soon as they learn to clasp the pieces. production of coal, where West Brom took the game by the scruff of the neck thanks to Chris Brunt’s? download Indian Express App ? We walked down 380 steps (an overwhelming 54 floors! however, the director duo’s cult classic.
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