In many cases, all that is required is a final letter from the ministry
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
'AAP's real value must be measured not by the number of Lok Sabha seats it wins in the election -- which may not exceed 10 or 15 -- and not even by the number of votes it takes from the BJP, but by its ability to deflate Modi's superhuman '56-inch chest' image and the charisma so assiduously manufactured around him by the corporate-controlled media.'
The 50-share NSE Nifty was trading lower by 24 points.
This surpassed its previous record close of 29,974.24, reached on April 5.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
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.
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
The contraction in M&A activity in India contrasts sharply with the upbeat global picture, much of it led by a reviving US economy.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Sun Pharma stock has appreciated at 35% a year for 20 years
The index had risen over 585 points in the previous three sessions.
'He selects certain portfolios that he has personal interest in, and he does not give them to a senior leader. The responsibility is given to a junior minister who then directly reports to Modi or to the small team of bureaucrats working with Modi.' 'I noticed this first in Gujarat where Modi worked mainly with two ministers, Saurabh Patel and Amit Shah,' says Aakar Patel.
'The feeling is that Rajinikanth is pro-Modi than anti-Modi.'
Indices reversed all its losses during late trades.
More than 10% (40 of 498 companies) have lost at least half their market value.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
Markets ended at record closing highs for the second day in a row on institutional buying.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
The rise in India Inc's market value was led by asset-light firms.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
Even a 6 percent vote-share would make AAP an important player on the national scene. The key lies in strategically concentrating AAP's vote, especially in the cities, so that it can break Narendra Modi's momentum, besides defeating an already weak Congress, says Praful Bidwai.
Rebuffed by Narendra Modi, Aam Aadmi Party leader Arvind Kejriwal on Friday said he was not a terrorist and the Gujarat chief minister should have granted him a meeting out of courtesy.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
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