Tech Mahindra was the top laggard in the Sensex pack, followed by Tata Steel, Mahindra and Mahindra, HCL Tech, Infosys, SBI and Bajaj Finance.
Kotak Bank was the top loser in the Sensex pack, falling around 3 per cent, followed by Axis Bank, Sun Pharma, HDFC Bank, Bajaj Finance and Asian Paints. On the other hand, ONGC, PowerGrid and IndusInd Bank were the gainers.
Amid growing chorus against Dow Chemicals's association with the upcoming London Olympics, a group of para-athletes urged the government to boycott the event unless the contentious company was dropped as a sponsor.
Under tremendous pressure from India to drop Dow Chemicals as London Olympics sponsors, the Games' organising committee chief Sebastian Coe said they are ready to meet the activists protesting against the company because of the 1984 Bhopal gas tragedy.
Australia's batting mainstay Steve Smith dared the lethal Indian fast bowling unit to bring on the short stuff in the four-match Test series starting next month.
The Dow has never lost more than 800 points in a day.
United States-based Union Carbide Corporation has filed a petition in the Supreme Court demanding early hearing on the government's curative petition in the Bhopal gas disaster case, saying delays are being used to besmirch the reputation of its parent firm, Dow Chemicals. UCC, a wholly-owned subsidiary of The Dow Chemical Company, in the petition sought a fixed timetable for hearing and early disposal of the curative petition filed by the Union government in December 2010.
Rupert Murdoch-promoted News Corporation on Monday said it will invest $100-million in the next 12-months to start six regional channels under the Star brand in India.
Media baron Rupert Murdoch plans to invest $100 million within a year to launch 6 regional channels under Star brand in India.
Sports Minister Ajay Maken, on Monday, said that the International Olympic Committee should keep the sentiments of Bhopal Gas tragedy victims in mind and drop Dow Chemicals as sponsors of next year's London Olympics.
Clarifying that the government has not asked athletes to boycott the London Olympics over the Dow Chemicals sponsorship, Sports Minister Ajay Maken said that the matter has been pursued at a diplomatic level with the host nation.
The Indian Olympic Association are not considering boycotting the London Olympics despite local demands to do so over a Games sponsorship deal with Dow Chemical, the IOA's acting president said on Monday.
Sports Minister Ajay Maken on Wednesday said the government has not yet thought of pulling the Indian athletes out of London Olympics due to row over Dow Chemicals' sponsorship.
Adani, which already has mining and environmental licences from the state government, requires the state approvals on management plans on the endangered finch bird and groundwater in order to commence the mine construction.
The Rupert Murdoch-owned News Corporation has announced that it has struck a deal to buy Dow Jones & Company -- publishers of the prestigious financial daily The Wall Street Journal -- for $5 billion.
A strengthening dollar is considered good for Dow components. The top 30 companies of the world have operations around the world and payables in dollar. Thus, a strengthening dollar is hence considered positive for Dow blue chips.
L&T was the top gainer in the Sensex pack, spurting over 6 per cent, followed by Hero MotoCorp, HDFC Bank, IndusInd Bank, Maruti, HDFC and HCL Tech. On the other hand, ITC, SBI and Bharti Airtel ended in the red.
HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by HDFC Bank, Infosys, NTPC, Nestle India, TCS and HUL. NSE Nifty surged 337.80 points to 14,845.10.
The clean up issue, ignored in the Bhopal gas tragedy settlement, emerged 20 years later, with the government trying to hold Dow Chemicals, UCIL's successor, liable on the 'polluter pays' principle. From the legal perspective, for the victims, efforts at Anderson's extradition or a Law Ministry face off with Dow on cleanup are pointless, writes Kumkum Sen
L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after the engineering major posted a 45 per cent decline in consolidated net profit for the September quarter. Titan, ONGC, Axis Bank, HUL, NTPC, M&M and HDFC were the other major laggards, shedding up to 3.32 per cent. NSE Nifty fell 58.80 points or 0.50 per cent to 11,670.80.
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
'This fall is nothing. We could see worse if everybody hits the panic button.'
Indian stock market indices have climbed close to their all-time highs, even as key overseas indices such as the Dow Jones, FTSE 100 and Nikkei 225 are reeling under the sub-prime meltdown in the US.
All Sensex components ended in the red. SBI was the top loser, followed by ONGC, Axis Bank, ITC, Titan, Bajaj Auto, TCS and IndusInd Bank.
The Dogs of the Sensex stock picking strategy is based on the Dogs of the Dow theory. The latter has outperformed its benchmark index, the Dow Jones Industrial Average, for the last 46 years.
Infosys slipped nearly 9% after the company cut full year revenue outlook for FY17.
The benchmark Sensex companies' underlying earnings per share are down 3 per cent (on a cumulative basis) since January 2015, against 25 per cent rise in the index value during the period
There's more to the US markets than a mere weak-dollar story.
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
Technical fault was the reason behind it.
Michel Mulder 'lost' then won the men's 500 metres Olympic speed skating title by one hundredth of a second in a dramatic finale at the Adler Arena on Monday, with his twin brother Ronald taking bronze in another Dutch clean sweep of the medals.
The broader NSE Nifty closed below the 10,200-mark by slumping 99.85 points, or 0.98 per cent at 10,124.905.
Interview with Asia-Pacific economist, Morgan Stanley
New app propels civic engagement, using known tools and similar experience abroad, in another effort to use social media's power.
The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
But on account of uncertainty over the presidential elections and also the fact that the valuations are looking a bit stretched, volatility is likely to remain the order of the day.
He doesn't expect banks to raise interest rates, as they'd not reduced these after the policy rate cuts in May and March.
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