Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
BSE Sensex on Monday closed nearly 34 points higher at 26,350.17 with gains in realty, power, FMCG and oil & gas stocks amid sustained buying by domestic institutional investors.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
All categories of NRI deposits saw net inflows in July.
Achieving inflation target of 4 per cent, recovery after remonetisation and hardening profile of oil prices are some of the risks which the RBI is watching closely, says Gaurav Kapur.
'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.
FIIs have offloaded stocks worth Rs 13,110 crore
'Fear is also a great impetus to push people in the right direction.' 'So, everyone who has touched black money is scared and I'm very happy about it.'
Investors globally pulled out more than $3 billion from equity funds focused on Emerging markets including India in a week amid concerns over the US Federal Reserve's plan of curtailing its stimulus drive starting later this year.
Thanks to the recapitalisation by the government and measures taken by the central bank, collapse of any large housing finance company won't pose as big a risk as it had six months ago.
The possibility of the slowdown affecting more players is greater if the industry doesn't get access to easier finance in the next six to eight months.
Apart from SIPS and STPS, value- averaging can help investors make more money, says Devangshu Datta.
In its first bi-monthly policy, the RBI, in order to enhance hedging facilities for foreign investors in debt instruments, proposed to allow them to hedge the coupon receipts falling due during the next 12 months.
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
V Vaidyanathan, former executive director at ICICI Bank who turned entrepreneur to run Capital First, an NBFC that caters to smaller businesses, tells Pavan Lall in an exclusive interview that his new entity post the merger of Capital First and IDFC Bank which will be called IDFC First will launch by January and cater to a new India with value services.
Investors booked profits in recent gainers
Unlike mutual funds, an ETF trades like a common stock.
Puri Jagannadh also gave his blood sample.
The longest winning streak was the six years between 2002-2007 when the Nifty moved from around 1,000 to over 6,000.
Weak absorption and rising inventories in the residential market in Mumbai may lead to price correction in the early part of 2014, real estate consultancy firm Knight Frank said.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
The Bank of Japan's action has nullified the effects of the end of the US' quantitative easing programme but the dependence of foreign institutional investors remains a concern
Reliance Industries has made drastic changes in gas supply contracts that will jack up its KG-D6 gas price by 10 per cent over and above the new rate of $8.3 coming into effect from next month.
The rupee had eased by five paise to close at 60.50 against the dollar in the previous session on Thursday.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
The rupee came under pressure on demand from importers as the dollar strengthened overseas.
Raghavendra Kamath reports on what ails India's real estate sector.
Year-to-date, the rupee is the worst-performing currency in Asia, weakening 4.184 per cent against the US dollar.
The company will invest $747 mn to increase production from D1, D3 and MA fields.
In a message to public sector banks (PSBs) that only performers will survive, the government, in an unprecedented move, has decided to allocate capital to only nine PSBs.
For equity investors, the risk-to-reward ratio is worsening.
'Many of those who invested in NCD issues are those who traditionally put their money in fixed deposits...'
Shares of most European banks are down significantly.
Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.
'Many of the challenges of investing in commercial real estate get taken care of when an investor takes the Reit route,' points out Suraj Nangia.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
