Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
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Strategy might not help revive volume growth in passenger vehicle sales.
UK operations of several Indian companies might take a hit.
Auto and index heavyweights Reliance Industries and ITC were the top losers in early trades.
The trade-war between the US and China is prompting investors to flee from risky assets, such as equities, to safe-haven bets, such as gold and treasuries
The bourse's valuations may get a boost, as it gets set for its OFS of about Rs 10,000 crore.
Though the markets have lost ground since the past few sessions, analysts do not seem worried.
Analysts are of the opinion that given the change in the business model, which is resulting in smaller deals spreading across the whole year, clients may be already renegotiating prices.
Analysts say that the focus now shifts to global events
A bonus is given to existing stockholders in proportion to the number of shares they already hold.
Brent crude prices fell to $57 a barrel on Monday from $62 a barrel.
Mixed global cues and decline in crude oil prices further dent the sentiments.
The management, however, is a bit wary about near-term performance.
Participants will keenly watch fate of GST Bill in Parliament.
M&M also plans to significantly increase its play in the domestic market where it is already ahead of its rivals Tafe, Escorts, Sonalika Tractors by a wide margin
If found with invalid one, the landlord will be in trouble and the tenant could face eviction
A fall presents an opportunity to buy rate-sensitive stocks.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
Operating margins decline to 10.3% in March quarter on one-time payouts but may recover to 12% in FY2015.
Ashok Leyland, ITD Cementation India have more than doubled.
Analysts suggest making separate firms of tobacco, hotels and FMCG divisions
Historically, overall credit has grown at 1.6 times GDP growth
The consolidated entity can target good growth FY18 onwards, analysts say.
If you are bullish on the consumption theme, consider specialised mutual funds that focus on this theme. Remember that such sectoral mutual funds should not make up more than 5% to 10% of your equity portfolio.
Though India has been one of the best-performing markets in the last two months, it has lagged some of its emerging market peers such as the Philippines, Thailand and South Africa.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
Beat gains made by mid-cap, broader indices.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
Markets taking cue on future rate cuts from RBI policy.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
The outcome is beyond the market's expectation and will be a sentimental boost, say analysts.
From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced in.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
TCS kicked-off the Q1FY17 earnings season for information technology companies on Thursday.
Contrarian stocks can help investors generate much higher returns than buying shares of companies that have shown consistent high growth for years.
Spending has begun rising in infrastructure, construction and Indian firms have started to benefit.
Long-term investors should not reduce or stop their equity mutual funds through SIPs.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
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