Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.
Kotak Bank was the biggest loser in the Sensex pack, falling 3.71 per cent, followed by RIL, HDFC Bank, Bajaj Finance, PowerGrid, IndusInd Bank, Asian Paints, HDFC and ITC.
Mukesh Ambani-controlled Reliance companies' market cap now exceeds $100 billion (as also Arcelor Mittal's). The new generation winners operate in a myriad sectors, including telecom, commodities such as steel and cement.
'I find the RBI edict to the Kotak Mahindra Bank to reduce Uday Kotak's shareholding very unreasonable,' says Sudhir Bisht.
With the AIM (Alternative Investment Market) becoming increasingly popular as a fund raising destination, Indian companies are flocking to tap the opportunity provided by this sub-market of the LSE.
Hip hop artist-producer Kanye West took to Twitter on Saturday to announce he would be running for president of the United States, in the elections slated to take place in November.
After having raised Rs 20,000 crore by selling NFOs, mutual funds are now likely to turn buyers. A slew of funds, including Morgan Stanley ACE Fund, Birla Sun Life Pure Value Fund, Mirae Asset India Opportunities Fund Standard Chartered Fund closed recently. Mutual funds launch NFOs to raise money since the mutual fund penetration in India is low. Most mutual funds expect redemptions on account of advance tax provisioning that corporate houses do at this time of the year.
The breadth, indicating the overall health of the market, was slightly positive
ITC was the biggest gainer in the Sensex pack, rallying 3.14 per cent. Maruti Suzuki, Axis Bank, Hero MotoCorp, Vedanta, Asian Paints, M&M, HUL, Bajaj Auto and PowerGrid were among the other top gainers, rising up to 2.13 per cent.
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
Given that the ETF has given exceptional returns over the past year, start small and buy more in a staggered manner.
Cricket Australia have signed a four-year agreement with energy provider Alinta Energy, potentially laying to rest concerns over a financial fallout from the ball-tampering scandal in March.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
New Zealand wicket-keeper Luke Ronchi retired from international cricket but will continue to play in franchise-based Twenty20 tournaments around the world, the country's cricket board said on Thursday.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
R Sridhar recalls 'Ravi ship' and more
The broader NSE Nifty dipped below the 10,200-mark to hit a low of 10,180.25 before ending at 10,195.15, down by 165 points, or 1.59 per cent.
Eipro's Azim Premji has been pushed to second place.
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
Only if you are a conservative investor satisfied with index returns; but over long term actively managed funds give better returns in Indian markets
Reliance Industries, Infosys and Tata Motors were the top contributors
This would make India the world's second-biggest nuclear energy market after China
Oil tanked to a 7-year low as OPEC decided to maintain production.
The group companies now lead the market capitalisation league table in sectors such as ports, power generation, gas distribution and transmission, and power transmission and distribution, ahead of incumbents in both public and private sector. This has Gautam Adani family the second wealthiest in business in India.
The list includes Hindustan Unilever, Asian Paints and Bharti Airtel - firms that investors feel are most likely to come up with the next big innovation.
Jubilant fans thronged central Belgrade, bringing traffic at the main Republic Square to a halt as they waved Serbian flags and hooted their car horns.
75 companies can dole out Rs 1.1 trillion from the 'extra cash' to shareholders.
Do keep the tax impact and exit load in mind before you take a decision to sell, says Vishal Dhawan.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
The board meeting also saw Mehta, 57, being re-appointed as MD & CEO for a period of five years after the completion of his term in October
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
The broader NSE Nifty, after cracking below the key 10,300-mark, touched a low of 10,211.25, before finally ending 134.75 points, or 1.30 per cent, down at 10,226.55.
Seasonal weakness may result in modest sequential revenue growth for large Indian IT firms in the January-March 2016 quarter, analysts said.
The markets opened in the positive terrain after seeing a flat close yesterday
