Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
Sensex firm on favourable GDP numbers for FY16.
'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'
The bear market has lasted 10 months and the Nifty is down by over 20 per cent from its all-time peak of 9,119 in March 2015.
Will Citibank gain from India's position among emerging markets?
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
The Bank Nifty is likely to be a bellwether.
Among other stocks, IT firm Mphasis today reported a 15.30% increase in consolidated net profit at Rs 184.72 crore for the quarter ended September 30, 2015.
Two successive reports, one by Percy Mistry in 2007 and the other by Raghuram Rajan in 2008 had provided the RBI and the finance ministry with blueprints of what to do next. Both reports, unfortunately, was put on ice. The global meltdown saved the RBI. It also saved the finance ministry from having to work on the two reports.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
According to estimates, if the companies are not allowed to raise petrol rates at least Rs 5 a litre by the first fortnight of September, they might begin to suffer underrecoveries on this decontrolled auto fuel, too -- for the first time this financial year.
This Vikram Samvat year 2070, ending on Thursday, has proved the worst in 17 years in terms of return on investment in gold.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Waiting for capitulation in commodity markets is the better route to profits, says Sonali Ranade.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
'It's hard to call whether the Indian markets will go through a time or price correction.' 'There could be a swift 5 to 10 per cent fall in the market in the next two months or there could be a gradual fall and six months sideway movement.' 'Eventually, I think there will be a bit of both.'
Foreign portfolio investors have been net positive since the Union Budget
Bank of Baroda ended flat after sharp gains in the previous session.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
The Sensex and the Nifty had touched a low of 27,921 and 8,349 respectively.
Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.
'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
The new crossover and fully imported models of the Jeep brand will increase Fiat's product line-up that has shrunk to just two at present
The Al Qaeda and other terror groups are obsessively meticulous about accounting. Leave alone guns and explosives, they keep an account of every penny spent -- even on a bar of soap, a light bulb or spaghetti.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
Rajan said investments should return after initial investor worries over Brexit.
A bit of good news is that it has already mopped up $19 billion in forwards in May.
Slow pace of reforms in India is disappointing: Faber
Guess who takes up the top spot!
Sensex, Nifty have lost about 6%, against 0.5-5% decline in other key Asian indices.
Gold bullion purchases across Asia slowed this week as a long rally in prices discouraged buyers.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
'Kindly have us airlifted at the earliest. We are in a very bad situation here.'
Markets will remain closed today on account of voting for the general elections in Mumbai constituencies.
After a volatile session, Sensex closed the day 563 points lower
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