As most of the blue-chip stocks rolled down, the investor's wealth shrunk by Rs 20,564.65 crore at Rs 14,75,697 crore in one day.
India's first ever inside office golf tournament is set to be launched by Allied Domecq Spirits & Wine (I) Pvt. Ltd. (ADSWI), a subsidiary of Allied Domecq PLC, the second largest spirits and wine company in the world and 9 Yards Sports & Entertainme
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Forex dealers said besides a lower opening in the domestic equity markets, increased demand from importers for the American unit put pressure on the rupee but dollar's weakness against other currencies overseas capped losses.
Coal India would be second company to hit the markets under the government's disinvestment programme.
The Nikkei average sank over 2 per cent on Tuesday to close below 8,000 for the first time in 20 years as investors failed to see any effective government steps to turn around a market that fears war in Iraq is near.
A top panel of economists on Monday slashed its forecast for US economic growth this year, saying the threat of war with Iraq was dampening consumer spending and business activity.
Infosys has reclaimed the top spot from ITC on the funds' popularity chart, according to an analysis by Crisil.
Sensex zooms 200 points in Muhurat trading, Nifty regains 7,800.
Markets went off the rails as Sensex crashed 1,689 points and Nifty over 541 points in early session after a surprise Donald Trump win and the government's move to withdraw high value notes, but managed to pull back towards the fag-end of the day to close 339 points lower.
The 30-share Sensex also hit its one-year low of 22,494.61 on February 29 this year.
TCS is the country's most valued firm with a market capitalisation of Rs 687,123.96 crore
Indian state-owned Bank of Baroda said on Monday it would cut its prime lending rate by a quarter percentage point to 10.75 per cent from June 1.
The partially convertible rupee closed at 62.16/17 per dollar compared to 61.79/80 on Tuesday. Financial markets were closed on Wednesday for Christmas.
Wipro rose the most, up 3.12 per cent, ahead of its board meeting to discuss buyback of shares.
IT stocks saw massive selling pressure on Monday, falling as much as 6 per cent, after the rupee surged to 58.37 against the US dollar intra-day.
Shares of RIL surged 4.42 per cent to its all-time closing high of Rs 1,082.20 on BSE.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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The rupee has also been bolstered by inflows into equities and debt this month, despite concerns about the withdrawal of the U.S. Federal Reserve's monetary stimulus and China's economy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The FTSE 100 is up by about 2 per cent since the start of 2015, although the index is down 6 per cent from a record high of 7,122.74 points reached in April.
The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.
The dollar's gains against other currencies overseas and a lower opening in the domestic equity market also put pressure on the local unit, forex dealers said.
The 30-share BSE index reclaimed the 30,000-mark to trade at a new record high of 30,071.61 by surging 128.37 points, or 0.42 per cent. This surpassed the previous record high of 30,024.74 (intra-day) that the Sensex touched on March 4, 2015.
FII investments, movement of rupee against dollar and crude oil to influence trading
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Equity market's benchmark index Sensex on Thursday missed its all-time high level by only 1.33 points, but the country's overall investor wealth still remains nearly Rs 10 lakh crore below its peak level seen three years ago.
Here's the full text of the statement
The total market valuation of the BSE-listed companies is nearing the Rs 100 lakh crore-mark following the continued dream run of the bourse.
Even though stocks may remain volatile in the run-up to the polls, as political parties stitch up alliances, the long-term trajectory for the markets remains bullish.
The rupee recovered 20 paise to close at over three-week high of 60.47 against the US dollar in the previous session on Friday following strong local equities and capital inflows.
Shares of Bharti Airtel on Wednesday fell 6 per cent amid reports that the government is learnt to have approved levying of Rs 650-crore penalty on the company for violating roaming norms in 13 service areas between 2003 and 2005.
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