The sector has been going through a slowdown.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
The court said in its order, "If we have not imposed a lockdown it does not mean that we do not believe in it. We are still of the view that if we want to break the chain a lockdown for a duration of at least two weeks is a must."
Bank stocks rose sharply by up to 12 per cent after the government's move to withdraw 500 and 1,000 rupee notes from circulation as part of black money crack down
Sesnsex ended the day flat on heavy selling pressure.
The BSE 30-share index after a positive opening stretched to 31,772.41, but could not stay there for long buffeted by the selling pressure. It hit a low of 31,562.25 before settling lower by 79.68 points, or 0.25 per cent, at 31,592.03.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
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Rupee rebounds 26 paise against dollar; snaps 2-day losses
Since the Covid pandemic, bicycle sales have surged, orders are pouring in, and stores are already feeling a shortage. 'I have not seen this kind of excitement around bicycles and you are talking to a 57-year-old man,' said Pankaj M Munjal, chairman and managing director, Hero Motors Company (HMC), the largest Indian bicycle producer;
Investors accumulated quality stocks at valuable and attractive levels.
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Do keep the tax impact and exit load in mind before you take a decision to sell, says Vishal Dhawan.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Greek crisis is coming at a time when India is short of hard news on the domestic front.
ICICI Bank, HDFC Bank, Infosys, Wipro, ONGC, RIL, Ranbaxy, Dr Reddy's slip. Nifty down 8 points at 1986.
Is looking to raise Rs 3,000 cr.
The Nifty gained 18 points to close at 3,536.
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
The dollar index surged to multi-year high.
Post the correction over the past one year, we are seeing opportunities across sectors.
High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable.
Rumours of which tycoon is close to which minister will soon start floating, and those could affect prices in the short term.
India is Asia's third-best performing equity market.
A market where prices are not likely to go up is excellent for the long-term investor.
These funds give the wealthy an option to invest in strategies that other equity products like mutual funds and portfolio management services cannot, says Nishant Agarwal.
Financials were the top losers after sharp gains in the previous session along with ITC
The 30-share Sensex ended down 215 points at 27,011.
The dollar index, which tracks the world's reserve currency against a basket of its peers, is down 0.16 per cent at 97.58.
A weak dollar against major world currencies supported the domestic unit.
Top gainers of the session included Bajaj Auto, Kotak Bank, M&M, Vedanta, IndusInd Bank, Asian Paints, HDFC Bank, Reliance Industries, HUL, HDFC, ITC, Tata Steel and Tata Motors, rallying up to 5 per cent.
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
He believed in investing in companies with strong cash flows
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
Nifty could fall to 9,500 levels; not a good time to bottom fish, say experts
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