Sensex climbs higher on favourable global cues.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
A key lesson for the pharmaceutical sector in this case is to not downplay the significant impact that regulatory non-compliance can have on operations.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
After a volatile session, Sensex closed the day 563 points lower
Asia's falling stocks have triggered an exodus of funds from the region.
Markets snapped their 8-day winning streak.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
The calculation excludes cross-holding of listed group cos in each other.
Shares of power, IT, tech, utilities and capital goods firmed up
This is a shift as until recent months, fund managers were reducing exposure to these sectors.
The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.
The 50-share NSE Nifty ended flat, up 5.80 points, or 0.06 per cent, at 10,308.95.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Take the Rediff Biz Quiz and find out how much you know about brands in India.
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
The 50-share NSE Nifty, however, was little changed, ending 1.20 points down
The US drug regulator raised the issue of significant deviations from the current good manufacturing practice (cGMP) in three of DRRD's plants in a letter issued in November 2015
Investors were seen in a cheerful mood and widened their positions in frontliners as well as midcap and smallcap stocks to mark the beginning of their new accounts
Iconic Dalal Street investors Rakesh Jhunjhunwala and Radhakishan Damani, known for their stock picks, have forged an unusual partnership to make Bollywood flicks.
For the second straight week, the Sensex rose, notching up a significant gain of 528.34 points, or 1.59 per cent. The Nifty was up 129.45 points, or 1.25 per cent, during the week.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
She pocketed Rs 9.12 crore as remuneration in FY16
'After living in a country with hazy skies and a billion people, it is breathtaking when the sky is blue, the air crisply clean and there is drinking water in the taps. And, joy of joys, hardly any people.'
The FMCG index gained more than 1% on the back of stellar gains in ITC.
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
Markets in green tracking firm global cues.
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
It, however, was a record-smashing week for both the indices, which scaled their lifetime highs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A widening probe by US authorities involving top drug companies following complaints of price fixing of generics was a point of worry for the participants, said analysts.
