Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
The BSE Sensex lost about 1,600 points, while the National Stock Exchange Nifty was down about 400 points.
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game.
Uncertainty lingers in the minds of retail investors due to scams.
'It may take two years for the economy to return to normal.' 'We should ensure that the vulnerable do not dig into their savings or give up their assets because that will set them back by several years.'
It could be a tough week In the run-up to such an event, the market is always nervous.
At the Interbank Foreign Exchange Market, the rupee resumed lower at 59.72 a dollar from the previous close of 59.67 and declined to a low of 59.88. It bounced back on dollar selling by exporters and some banks, touching a high of 59.30 before settling at 59.35, a rise of 0.54 per cent.
Pitching for a slew of reforms in the Indian capital markets, leading bourse BSE has suggested the government bring in a new transaction taxation structure and besides seeking tax pass through status for Infrastructure Investment Trusts (InvITs).
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In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
Market participants are now awaiting Thursday's meeting of the European Central Bank
'I am sceptical of the Indian economy returning to a sustained high-growth trajectory any time soon'
Buying LinkedIn means Microsoft will control the best-known network.
The positive bias was aided by metal, realty and auto indices
According to fund managers, expectations of a 25-basis-point increase in the cash reserve ratio of banks have heightened in the wake of RBI's surprise twin moves to make short-term money dearer as part of its attempts to curb the rupee's volatility.
Volatility might continue as the Chinese market is expected to open sharply lower, following a long break
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
They can be used as collateral for loans and can be sold or traded on stock exchanges
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
Pharma shares extended losses after the government's ban on combination drugs.
It has been a difficult year for the world's second-largest economy.
"Nobody should be buying a stock at a rate higher than its intrinsic (actual) value, because then you are looking at the greater fool theory to come into play -- that someone would buy it again from you enabling you to make a profit." Excerpt of his views on value investing.
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
A probe finds several pharma majors in breach of the law; and in turn they blame the government.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
'The estimates of tax forgone on this item run into hundreds of billions.' 'And there is neither fairness nor rationality to support continuing with this tax holiday for just one class of investors, those who put their money in shares,' says T N Ninan.
"Nobody should be buying a stock at a rate higher than its intrinsic (actual) value, because then you are looking at the greater fool theory to come into play -- that someone would buy it again from you enabling you to make a profit." Excerpt of his views on value investing.
Rahul Gandhi on Thursday visited the family of a debt-ridden farmer, who committed suicide last week, barely a month after he had met the Congress vice president to apprise him of farmers' woes.
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
The Sensex ended at at 27,676, lower by 210 points and the Nifty broke the psychological level of 8,400 to end at 83877 down 70 points.
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The partially convertible rupee closed at 63.37/38 per dollar compared with 62.83/84 on Monday. The unit dropped 0.85 per cent on the day, its biggest single-day fall in two weeks.
A quick bounce back of the Chinese stocks looks improbable now.
Demonetisation will wipe out the likely benefits of a good monsoon this year, says Christopher Wood of CLSA.
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
Markets gained for the second straight session to kick-off the September F&O series on a robust note.
Some important investment options like fixed annuity, bonds, life insurance and equity among others can help you in fulfilling your goal. The details...
'Election years tend to see high government expenditure on unproductive schemes, though that money sloshing around can boost private consumption.' 'Again, it can mean higher inflation,' explains Devangshu Datta.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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