In line with a weak stock market where benchmark Sensex plunged nearly 300 points, as many as 263 stocks hit their respective one-year lows on BSE on Monday.
The hectic buying by domestic institutions, as also by some top-shot brokers in their proprietary accounts, was in sharp contrast to heavy selling of stocks by foreign portfolio investors
Australian legend Matthew Hayden said India tour is a premium test event in their cricket culture and it is important to quickly resolve the pay dispute as there is a lot at stake.
The decision assumes significance following the enthusiastic response from retail investors in the Friday's stake sale in steel major SAIL, which fetched the government Rs 1,715 crore (Rs 17.15 billion).
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Monday's steep fall turned Sensex's yearly returns to - 2.57%, but only two large-cap funds did worse.
Rise in crude oil price and rally in global equities aided the sentiment
The government on Friday cleared disinvestment in two bluechip state-owned companies IOC and Bhel, which would fetch over Rs 7,300 crore (Rs 73 billion) to the exchequer in the current fiscal.
The company has a market capitalisation of $743 billion.
K Vaitheeswaran, co-founder of Indiaplaza, one of India's first e-commerce companies, shares the lessons he learnt from its failure.
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The S&P BSE Sensex surged 160 points to close at 25,262.
This will help the company reduce its debt that has doubled to Rs 40,177.6 crore in four years.
This is one of the rare orders by Sebi where it has barred a bluechip firm and its top promoter/executives.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
So unless you are convinced of getting your market timing absolutely bang on everytime, opting for SIPs is more realistic from a logistical and psychological standpoint, says Larissa Fernand
Find out if you do these 6 things to become one
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With uncertainty looming large over Indian markets, retail investors can increase their exposure to US funds.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Novices should enter markets via SIPs of equity mutual funds.
More than 30 entities, including brokers and high net worth individuals, have come under the scanner of market watchdog Sebi for unusual trading activities on the day of Lok Sabha election results.
Markets end in the red, midcaps in focus
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
The two giants of Indian football, Mohun Bagan and East Bengal, are facing turbulent times. On the pitch, East Bengal finished a respectable third in the 2012-13 I-League season, while Mohun Bagan finished a disappointing tenth.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
A high fashion event can teach you a thing or two about money matters! Intrigued? Then read on to find out more!
Equity investments are fruitful over the very long 20-year term.
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
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