Good performances by most information technology (IT) companies in the September quarter and improved forecasts notwithstanding, with the exception of Infosys, stocks of IT biggies such as TCS, Wipro and HCL Technologies have fallen three to nine per cent since Infosys announced its earnings on October 11.
Technically, the Indian economy is on road to recovery.
The financial and commodity markets will continue to roil, as China's growth moderates and readjustments are made.
Market experts believe the retreat is because of uncertainty.
The muted CPI inflation print at 5% earlier this week, followed by a similar WPI number released Wednesday, seems to have spurred India's central bank into action, is how the economists are reading into Reserve Bank of India governor Raghuram Rajan's 25 basis point cut in repo rate.
Terming the RBI action on Wednesday as a "pleasant surprise", analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear the air on RBI's future stand, they added.
Over the past week, the Sensex and the Nifty continued the bull-run
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According to the BofA Merrill Lynch fund manager survey for October, investors are concerned that global economic recovery could falter, while emerging market confidence have started to rebuild.
But splitting management bandwidth by investing in non-core businesses will not be appreciated by the market in the long run.
With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Bullion may settle with limited upside potential
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Consumers worldwide overwhelmingly are ready to share their personal information to get better services from their doctors, bank and retailers, but they are cautious about how they share.
The Budget loosened the reins on public spending to drive growth.
Airline says can't discuss dues publicly, denies grounding of planes
Clarity on the roadmap necessary to assess its likely impact on near-term fiscal health and investment.
The German auto maker is clawing back up the brand charts as it fights off competition from Audi, BMW in the Indian market.
In an interview with Business Standard, Mazumdar-Shaw spells out her plans for the institution over coming years.
In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore
Gains were led by index heavyweights with Reliance Industries contributing the most.
Overall market benchmark Sensex is headed for its worst performance in four years with a decline of 1,650 points
According to various senior UB Group officials, the strategy of 14 power brands' focus is expected to be rolled out soon.
Heading Crisil would have been the peak of most people's professional lives. But Roopa Kudva felt that was the right time to change tracks.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
Narendra Modi's success at the BRICS summit is the best Diwali gift for India's diplomacy and marks her ascendancy to global leadership, says Tarun Vijay.
Experts caution against tough times in Indian equity markets in 2015.
Hero today sells its products in 19 countries across Asia, South and Central America and Africa.
Bengaluru dominates Karnataka's economy and its infrastructure mess compounds the problems, with policies lagging need and expectations.
Global brokerage firm CLSA is positive on India's growth stroy.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
'Will the new government, largely of the BJP, whose manifesto proclaimed "India shall remain a natural home for persecuted Hindus and they shall be welcome to seek refuge here" and whose patrons never tire of the glories of our civilisation in antiquity, stand up for these long-lost cousins, the Yazidis in Iraq?'
History would indicate that a recession is not that far off.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
Here's the full text of Prime Minister Narendra Modi's address to the United States Congress.
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