Tech Mahindra and United Spirits will replace them in the 50-share index of the National Stock Exchange with effect from March 28.
Rising oil prices and inflation worries pushed the index into a negative zone to touch a day's low of 14,846 - down 726 points from its previous close. Realty, IT, banking and oil & gas stocks suffered the most today. The index recovered partially and touch a day's high of 15,203. The NSE Nifty ended (provisional) with a loss of 108 points at 4,520.
The Sensex touched a high of 15,798, and finally ended with a gain of 403 points (2.6%) at 15,760. The NSE Nifty was up 122 points at 4,746. The BSE Realty index surged 4.8% to 7,713. New entrant Jaiprakash Associates soared nearly 8% to Rs 236. Reliance Energy, DLF, ICICI Bank, Satyam, Reliance Communications, TCS, Infosys & Tata Steel were gainers on Friday. Bharti Airtel, M&M, Ambuja Cements & Maruti were notable losers. Reliance Natural Resources topped the value charts.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Union finance ministry may have to battle it out in court with the sponsors of the Indian Premier League cricket tournament to make them comply with its service tax payment demands.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
FMCG moves fast, while real estate yields ground and metals lose their lustre. The star of 2008 so far has been Hindustan Unilever; the multinational FMCG player has actually gained 20.45 per cent between January 1, 2008 and December 24, 2008.
F1 bosses have struck a mega-deal with an Indian company to construct the race track in Greater Noida.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
20 new industrial clusters will be developed in 2014-15.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
As the bull-run in Dalal Street gathers pace, people keen on riding it are looking to arm themselves with new tools and techniques.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
Experts say investors should be careful, as even a 50-100 bps cut in rates will not help such companies if their business is not doing well. Check what is the problem and consider
While three operational mines in Chhattisgarh had a capacity of 12 million tonnes (mt), six were yet to start production.
While some companies used that to become world leaders, others squandered it by over-borrowing.
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