As many as 140 stocks hit their respective 52-week low levels.
The markets are showing no signs of stability as the economic impact of the coronavirus outbreak is likely to be significant for many major economies.
'Pockets of mid and small-cap indices are showing exuberance and are discounting even FY23 valuations now.'
The broader NSE Nifty ended 57 points, or 0.49 per cent, lower at 11,498.90 in its fourth straight day of losses.
Yes Bank, Wipro, Kotak Bank, M&M, Sun Pharma, Maruti, HDFC, Hero MotoCorp, Infosys, TCS, L&T, Bajaj Auto and HUL were among the top gainers, rising up to 6 per cent.
Top losers in the Sensex pack included TCS, Yes Bank, ITC, Sun Pharma, Reliance, Coal India, Asian Paints, SBI, Maruti, HUL, HCL Tech and ICICI Bank, falling up to 2.91 per cent.
Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
State-owned banks account for more than two-thirds of the sector's assets and about 85 percent of bad debts
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.
Nokia has tied up with Citibank, HDFC Bank, Axis Bank, Standard Chartered, HSBC, ICICI Bank and SBI Cards for the EMI scheme and the offer will be available to consumers with credit cards from any of these banks.
Recovery in bluechips and gains in European markets helped the rally.
Firestar Diamond, which on its website states that its operations span the US, Europe, the Middle East, the Far East and India, blamed liquidity and supply chain challenges.
The government is looking to sell shares of Reliance Industries (RIL) held through Specified Undertaking of the Unit Trust of India (SUUTI) and is soon going to appoint an intermediary to manage it. The plan is to sell about 8 lakh shares of RIL that will help the government garner around Rs 180 crore. The Department of Investment and Public Asset Management (DIPAM) will appoint an intermediary that will act as a custodian of these shares. The intermediary, based on its market analysis, will offload these shares at the best price, said an official. A final approval on the proposal is expected soon.
Sector-wise, banking, IT, pharma and realty indices drove the market momentum.
The broader Nifty closed higher by 7.30 points
Customers can link their cards to banks' app and make payments after scanning a 'quick response' code.
Sensex firm on favourable GDP numbers for FY16.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
Covering-up of short positions ahead of Thursday's expiry of August series in the derivatives segment gave equities a slight push
The intention is to have a model with a single-clearing house.
Companies, which missed out on listing earlier, are giving it another shot but with significantly-reduced issue sizes. In the recent past, companies such as TVS Supply Chain Solutions, Suraj Estate Developers, and ESAF Small Finance Bank have re-filed their draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (Sebi). This came after they slashed their issue sizes by 20-60 per cent.
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
Tata Housing to take up around 13 projects for constructing homes for the old.
2013 foreign currency non-resident deposits to mature in Sep-Nov
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
Sensex eneded 374 points higher on rate cut expectation from the RBI.
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.
So what if your bank has imposed/will impose a transaction fee of Rs 20 for using ATMs after your fifth visit in a month? You can still remain within your free transaction limits and avoid being charged at all. Wondering how it is to be done? Read on.
Post graduate colleges are aggressively tying up with banks to introduce banking courses.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount garnered through privatisation, and is even more than the cumulative sum mopped up through strategic sales from 1999-00 to 2003-04. The government had in October last year inked the share purchase agreement with the Tata Group for sale of national carrier Air India for Rs 18,000 crore. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
In what could be the biggest cash heist in the national capital, the driver of a cash transit van allegedly fled with around Rs 22.5 crore from southeast Delhi's Govindpuri area on Thursday.
Investors took the Yes Bank event negatively because it raises a question on the stability of the overall Indian financial system.
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