The biggest losers on the National Stock Exchange's benchmark Nifty 50 index are stocks that have seen the highest turnover over the past 12 months, according a report by Morgan Stanley.
There were 86 million salaried jobs in India during 2019-2020. In August 2020, their count was down to 65 million. The deficit of 21 million jobs is the biggest among all types of employment, points out Mahesh Vyas.
The report further added that three of "his fellow countrymen--estranged brother Mukesh, steel tycoon Lakshmi Mittal and Indian K P Singh, all of whom ranked earlier among the world's 10 richest--lost more than $20 billion apiece."
Find out what it takes to get a spot in these ultra-lucrative areas of finance.
Rising risk levels in emerging markets and the recovery of the global market is prompting investors to shift their investments to developed markets.
With the rupee showing a freefall and hitting a 28-month low against the dollar, India Inc has yet another headache.
SBI was the biggest loser in the Sensex pack, shedding 2.40 per cent, followed by Yes Bank, Bharti Airtel, L&T, Sun Pharma, M&M, ICICI Bank, ONGC, RIL, Asian Paints, Vedanta and HUL, which lost up to 2.37 per cent.
Among the Sensex pack, Yes Bank, L&T, HDFC, RIL, HDFC Bank, PowerGrid and Coal India were the biggest losers -- falling up to 2.43 per cent.
More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, are likely to apply to the Reserve Bank for licence to open banks.
Equity indices frittered away a good start to close with modest losses on Monday, pressured by heavy selling in metal stocks after the government imposed export duties on steel-making raw materials to curb soaring prices. The 30-share BSE Sensex opened strong and gained momentum as the session progressed, but came under severe selling pressure in afternoon trade to close 37.78 points or 0.07 per cent lower at 54,288.61. On similar lines, the broader NSE Nifty slipped 51.45 points or 0.32 per cent to end at 16,214.70.
'We may be weak now, but the importance of the Congress cannot be denied.'
Hindustan Unilever on Tuesday reported 15.59 per cent jump in net profit at Rs 871.36 crore (Rs 8.71 billion) for the third quarter ended December 31, 2012, on account of robust sales across various business verticals.
Shares of software services firm Wipro fell by over 5 per cent in the morning trade today even as the company reported 18 per cent rise in its consolidated net profit for the third quarter ended December 31, 2012.
Top gainers in the Sensex pack included ONGC, HDFC, Bharti Airtel, Infosys, Maruti, HCL Tech, Mahindra and Mahindra, HUL, TechM and SBI -- rising up to 2.89 per cent.
Vedanta, Tata Steel, Tata Motors, ONGC, M&M, Maruti, NTPC and HUL too fell up to 4.06 per cent.
Among major gainers, Vedanta rose the most by 6.55 per cent, snapping its five-day losing streak.
In Karnataka, the BJP lost the elections because of multiple poles of power, a problem the central leadership could not sort out in time. Could the same happen to the Congress in Rajasthan? asks Aditi Phadnis.
The combined market-cap of all listed Adani group firms has plunged nearly Rs 7.11 trillion since January 24 when the Hindenburg report was made public.
Here's a look at where heavyweights stand.
Last week, lunch boxes delivered by Mumbai's formidable army of dabbawallas (delivery boys) came with a small tag.
On the 30-share index, Maruti was the biggest loser, shedding 3.60 per cent. Other major laggards were Yes Bank, IndusInd Bank, Tata Steel, Hero MotoCorp and NTPC -- ending up to 2.33 per cent lower.
The biggest losers in the Sensex pack were M&M, ONGC, Vedanta, Tata Steel, L&T, HDFC, NTPC and Axis Bank, falling up to 3.04 per cent.
The Janata Dal-United-Bharatiya Janata Party combine on Wednesday headed for a massive sweep in the assembly elections in Bihar to come back to power for a second continuous term and may notch a three-fourth majority, steamrolling over the Rashtriya Janata Dal-Lok Janshakti Party alliance.
The combined market valuation of all the listed companies in the country dropped to Rs 30,86,075 crore (Rs 30,860.75 billion) on the last day of this fiscal as against Rs 49,72,953.37 crore (Rs 49,729.53 billion) on March 31, 2008, leading to a loss of over Rs 18,86,000 crore (Rs 18,860 billion) during the period.
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.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
Attendances at Premier League games are down by an average of 920 fans per game this season, according to an investigation by the Daily Telegraph.
As counting is on in the five states - Kerala, Tamil Nadu, Puducherry, Assam and West Bengal -- here's a look at where the heavyweights stand.
According to British Office for National Statistics, women in their forties were the biggest losers in the pay divide as they earned an average of 20 per cent less than the men. The findings revealed that female managers were likely to experience an even wider salary gap. Even as women start with earning roughly the same as men the pay divide widens with age after women interrupt their career to have children. Pay gap increases in line with the number of children a woman has.
The biggest loser in the ongoing political tug-of-war between the Janata Dal-Secular and the Bharatiya Janata Party will be the state of Karnataka, which has incurred a loss of $5 billion in terms of business investments. Market pundits say that the perennial political instability in the state and indecision by the government in the past one year has lead to the loss of investment opportunities.
What if there were elections tomorrow? An intelligence report.
Prime minister Narendra Modi on Saturday asserted that India will leave "no stone unturned" in its efforts to organise the 2036 Olympics as the government expressed a strong desire to host the biggest sporting event in the world.
Holger Rune rallied from a set down and saved a match point to defeat former champion Taylor Fritz 2-6 7-6(2) 6-3 on Wednesday and reach the Indian Wells quarter-finals where he will meet fourth seed Daniil Medvedev.
Equity indices failed to hold on to their gains in see-saw trade on Tuesday, ending in the red for the third straight session despite a tentative recovery in global equities. The rupee too bounced back from historic lows, but the overall sentiment remained risk-averse amid concerns over economic recovery in a high interest rate scenario. The 30-share BSE Sensex had a choppy start but gained momentum in mid-session trade. However, it succumbed to selling pressure towards the fag end to close 105.82 points or 0.19 per cent lower at 54,364.85. On similar lines, the broader NSE Nifty declined 61.80 points or 0.38 per cent to finish at 16,240.05.
In this market, the larger the fortune, the farther the fall.
The real estate sector has underperformed the Sensex in the past 2 years.
Injury, doping bans and ill-timed losses of form have left a trail of big-name performers watching the Olympics from the sidelines.