The BSE Mid-Cap index was currently up 0.81%.
India's stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. From March 2022, on the last Friday (or the immediate next trading day) of every month, the next 500 stocks from the bottom will be subject to T+1 settlement. The phase-wise implementation is expected to give all market participants, including foreign portfolio investors (FPIs), ample time to shift to the shorter cycle. The settlement cycle represents the time period within which the stock exchanges have to settle security transactions.
Reliance Industries raced to 52-week high on better than estimated earnings and announcement of bonus share.
World number one Novak Djokovic on Wednesday dismissed any suggestion of friction with Roger Federer and Rafa Nadal as tennis politics spilled over to the Miami Open.
Adani Ports, BHEL, Tata Motors, ONGC, Mahindra & Mahindra and Tata Steel were the top losers.
Rediff.com gives you a quick flashback, in pictures of the month gone by...
Russia's Elena Vesnina ousted German second seed Angelique Kerber 6-3, 6-3 to reach the quarter-finals of the BNP Paribas Open at Indian Wells, California on Tuesday.
Roger Federer and Rafael Nadal powered to third-round wins at the BNP Paribas Open at Indian Wells on Tuesday to set up a mouth-watering rematch of their recent Australian Open final.
The biggest losers in the Sensex pack were M&M, ONGC, Vedanta, Tata Steel, L&T, HDFC, NTPC and Axis Bank, falling up to 3.04 per cent.
'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'
The BSE Midcap also cut all its intraday gains to shed 0.3% at close
They have been on an unbroken selling streak since the Union Budget, spooked by increase in income-tax surcharge, taxes on buybacks, and lack of stimulus to prop up the economy.
The Canadian's win sets up a semi-final clash with Del Potro on Saturday that will pit power against power.
The HC also offered a ray of hope to the hundreds of employees of UB-Group owned now-grounded Kingfisher Airlines, who have not been paid monthly salaries for over a year now.
While Reliance put up a good show, NTPC nosedived on the BSE on Monday.
SBI was the top gainer in the Sensex pack, rallying over 10 per cent, followed by Kotak Bank, Dr Reddy's, UltraTech Cement, ITC and HDFC Bank. On the other hand, Axis Bank, Bharti Airtel, ICICI Bank, Maruti and HCL Tech were among the laggards.
Trading sentiment remained distinctly weak due to the cash crunch arising out of the government's move to demonetise Rs 500 and Rs 1,000 notes to flush out black money amid concerns about its impact on small and medium-sized businesses which largely run on cash.
After achieving the rare feat of being the World No. 1 in women's doubles for 80 consecutive weeks, Indian tennis star Sania Mirza has said it was very satisfying to be bracketed with the legends of the game.
Axis Bank was the top laggard in the Sensex pack, plunging more than 5 per cent, followed by HDFC, Bajaj Finance, ICICI Bank, Tata Steel, Bajaj Auto, HDFC Bank and IndusInd Bank. On the other hand, M&M, Infosys, Asian Paints, UltraTech Cement and Tech Mahindra were among the gainers.
Serbian Jankovic was serving for the title at 5-4 in the second set but World No 3 Halep won the next three games and battled back for the biggest title of her career.
RIL said it has priced its 144A/Reg S bonds to yield 240 basis points over US Treasuries Note at a 4.125 per cent coupon.
Sectorally, telecom, realty, auto and banks were among the top losers, shedding as much as 2.22 per cent.
Total assets under management (AUM) for September stood at Rs 20.4 lakh crore compared with Rs 20.6 lakh crore at the end of August.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
At present, seven companies are planning to raise Rs 2,965 crore (Rs 29.65 billion) and have Sebi's approval. Another 12 firms, intending to mop-up Rs 5,362 crore (Rs 53.62 billion), have filed draft documents with the capital market watchdog and are awaiting approval, Prime Database managing director Pranav Haldea said.
Over 12,700 participants from 91 countries are expected during the one-week contest, which features a variety of athletes - young and old, male and female, straight and gay.
With a 'yes' vote, there is a more foreseeable outcome, while a 'no' could result in greater uncertainty, for which retail investors may not have the appetite.
Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.
The Spaniard leads 23-15 on a head-to-head basis but the Swiss has won the last five encounters.
While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local incorporation model, says Raghu Mohan.
Summary of sports events and persons who made news on Tuesday
Chris Evert said on Monday she was stunned to hear that Maria Sharapova failed a doping test, but not by the fact that there is doping in tennis, claiming that she knew players who doped during her career.
On Monday, the biggest gainers in the Sensex pack were Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, Tata Motors, HCL Tech, IndusInd Bank and Kotak Bank, HCL Tech, Infosys and Bajaj Auto.
Juan Martin del Potro could barely believe he had finally won a Masters 1000 series title at the 51st attempt at Indian Wells on Sunday but is determined to keep the trophies coming in his late career renaissance.
Former world number one Maria Sharapova lost her second consecutive first round match with a 6-4, 6-4 defeat to Japan's Naomi Osaka at the BNP Paribas Open in California on Wednesday.
Stanislas Wawrinka breezed into the fourth round of the BNP Paribas Open on Monday and saw another seed removed from his path to the final when lucky loser Yoshihito Nishioka of Japan turned his match against Tomas Berdych upside down.
Shares of Motilal Oswal Financial Services, Edelweiss Financial Services and IIFL Holdings have all doubled in the past one year against the Sensex's 23 per cent gain.
'Earlier-than-expected tapering from the US, followed by rate hikes, and locally, a potential third wave, which mimics the second wave in terms of severity.'
The S&P BSE Sensex ended the day at 28,226, up 85 points, while the Nifty50 settled at 8,734, up 18 points.
Billie Jean King helped the United States win the inaugural Fed Cup, the team event is being re-named in honour of the greatest trailblazer in women's tennis.
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