Out of 30 Sensex shares, 19 ended lower while 11 gained
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
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.
This surpassed its previous record close of 29,974.24, reached on April 5.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
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.
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.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
