The surge in the stock market has failed to stem the trend of small-sized brokers shutting operations.
A summary of sports events and persons who made news on Friday
Stellar results compared to TCS led to reversal of valuation discount.
ONGC was the top performer while private banking major ICICI Bank extended gains
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
Rise in investor sentiment, return of risk appetite aid shares across the board
The older Serena Williams gets, the more dominant she becomes. At 33, an age when most players start to fade, her grip on women's tennis looks as secure as ever.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
A summary of sports events and persons who made news on Monday
Polish fifth seed Agnieszka Radwanska was the highest women's casualty at the Miami Open on Saturday, blown away for the second time this year by Croatian Mirjana Lucic-Baroni.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
The Telecom Regulatory Authority of India (Trai) has given its recommendations on the much-awaited issue of spectrum sharing.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
Bank shares were the top losers after sharp gains last week.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
Banks stocks continued to trade weak along with FMCG major ITC.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
China's CSI300 stock index shed 1.1 per cent, hitting a five-week low, while shares of Hong Kong-listed Chinese companies sagged 0.9 per cent.
Any correction in Indian equities is an opportunity for investors to put in money for the long term
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Rally restricted to big stocks; FIIs have hit investment caps in many large companies.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
World No 1 Novak Djokovic added to the sexism row, saying male tennis players should earn more money than their female counterparts as more people watch their matches.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
The 43-year-old, whose longevity is a talked about tale in world tennis, said the line-up that Spain has presented for the Davis Cup tie against India is a must watch for every single budding athlete in the country.
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
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