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Is the current valuation of the stock market justifiable?

Anusha Bhattacharya

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The Bombay Stock Exchange and the S&P Index has recently crashed by 806.47 points to close at 35169.16 on thursday. The index has also lost 9.6% of its value since 28 of Aug when it had reached an all time high of 38,896.63. Part of the reason for the fall is untimely developments on the external front such as rising crude prices, fall in the value of the rupee and the rise in interest rates in developed markets. However it is also important to ask the question whether the current valuation of the Indian stock market is justifiable?
On this ongoing Stock market crisis we have our business and finance editor Akhilesh Bhargav who gives more details on this issue..

News Report

Alyque Padamsee: The Ad Guru and the Legend whose legacy will never be forgotten

Smita Sahu

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With Alyque Padamsee passing away today in Mumbai at the age of 90, passes away an era that changed the way advertisements were made, campaigns were launched and a connect was established directly with the consumer which is exactly what is aimed to be achieved by the advertisement industry.

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Will Trupti Desai return to Pune without visiting the Sabarimala temple?

Smita Sahu

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Activist Trupti Desai, who wants to enter Kerala’s Sabarimala temple in defiance of a decades-old custom on women of menstrual age, has been blocked by hundreds of protesters at the Kochi airport since she landed 12 hours ago early this morning. The hilltop shrine opened at 5 pm today for a two-month-long puja in which lakhs of devotees and tourists are expected.

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South Connect: Sabarimala Review petitions to be heard in open court on January 22

Arti Ghargi

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Karnataka:
Prime Minister Narendra Modi paid his last respect to Union Minister late Ananth Kumar at his residence in Bengaluru on Monday. Prime Minister Modi also met the family members of Ananth Kumar and expressed his condolences. Ananth Kumar passed away at the age of 59 while battling lung cancer.
Kerala:
The Supreme Court decided to hear the review petitions against Sabarimala Judgment in open Court on January 22, 2019. The Supreme Court will hear 49 petitions seeking review of its earlier verdict.
Tamil Nadu:
Cyclone Gaja is expected to hit the coast of Tamil Nadu on November 15. weather experts have predicted heavy to very heavy rainfall in several coastal areas from the night of November 14. Andhra Pradesh:
Former Andhra Pradesh minister C Ramachandraiah, who resigned from the Congress joined the YSR Congress Party (YSRCP) on Tuesday.
party president YS Jaganmohan Reddy welcomed him in Vizianagaram during its praja sankalp padayatra

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