The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
World No 3 Maria Sharapova withdrew on Monday from the end-of-season WTA Championship in Istanbul due to the shoulder injury that also kept her out of the US Open.
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
Investors remained cautious in the face of the expiry of November series contracts in the derivatives segment, which also dampened sentiment.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Conservative industry estimates place the cash component of mutual fund houses at Rs 25,000 crore (Rs 250 billion). Fund houses had up to 15 per cent in cash, as per the April 30 figures. The cash component exceeded 15 per cent in as many as 30 diversified equity growth funds.
Rafael Nadal withdrew from the Indian Wells tournament on Saturday with a knee injury, shortly before his eagerly-awaited semi-final clash with great rival Roger Federer.
Former American great Chris Evert has no issue with tournaments handing Maria Sharapova wildcard entries as the Russian former world number one makes her way back from a doping ban, she said on Wednesday.
Vodafone-Essar, the leading GSM operator is raising around $500 million (Rs 2,000 crore) through overseas borrowing. This is the first fund raising by the telecom major after British telecom major Vodafone acquired a majority stake.
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.
Mutual fund houses are bullish on the financial sector, notwithstanding the recent beating at the stock market. Fund houses like Kotak Mahindra AMC, Sundaram BNP Paribas & LIC Mutual Fund have drawn up plans to introduce products aimed at the financial services sector. Bank stocks for long had been one of the favourite picks for many fund managers. There was a slowdown in valuations of financial sector stocks but Indian corporate entities still continue to remain attractive.
Mutual funds are all set to capture the buoyancy in the energy sector. The latest to join the bandwagon is Sundaram BNP Paribas Mutual Fund, which is coming out with a three-year, closed-ended new fund offering 'The Energy Opportunities Fund'. The fund will invest in equity and equity-related instruments of companies focussed on the energy space or those directly or indirectly benefiting from it.
Wonder why corporate India is showering dividends?
The Ruias have received overwhelming response from international banks for funding of their proposed bid to pick up Hutchison's 67 per cent equity stake in Hutchison-Essar Ltd, in which they hold the remaining stake.
Finance Minister P Chidambaram has invited French companies to expand their activities in India, particularly in the infrastructure sector. \n
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.
The Essar Group is raising $3.59 billion (Rs 14,360 crore) against its 33 per cent stake in Vodafone-Essar. The loan will be the largest fund-raising through the share monetisation route by an Indian company.
The judge said the assets of the respondent company cannot be left under the control of UBHL and could be handed over to official liquidator to achieve the winding up process s per the law.
Srei Infrastructure Finance last month sold 50 per cent stake in a part of its business equipment financing arm to France's largest bank BNP Paribas for Rs 775 crore
Paes-Damm went down fighting against Jeff Coetzee of South Africa and Rogier Wassen of Netherlands 6-3, 6-7(5), 9-11 in the first round match in Paris on Monday.
Amid heated debate on algorithm based trades, ace investor Rakesh Jhunjhunwala today backed this form of trading, and questioned the need to regulate it.
Top seed Serena Williams made short work of Kazakhstan's Zarina Diyas in the third round of the BNP Paribas Open.
Venus Williams' return to Indian Wells lasted just one match but sister Serena looked poised for a long run after a dominant win at the BNP Paribas Open on Friday. Venus returned to the event for the first time since 2001, having boycotted it after being booed and heckled by fans during her previous trip, but made a quick exit after a 6-4 6-3 defeat to Japanese qualifier Kurumi Nara in the second round. The 15-year-old incident had occurred when Venus withdrew from a semi-final match with Serena, drawing ire from the crowd aimed at the Williams family. This time, though, Venus was greeted warmly by the crowd before her match and throughout it, a consolation for her poor performance. "It was enough of a fairytale to come here and play," Venus told reporters. "A win would have been nice, but that means I have to come back, play next year."
Sundaram Select Small Cap Fund is one of the few NFOs that offer some unique features to the investors which will be beneficial to them in the long run.
World No 3 Roger Federer has delayed his ATP World Tour return by a month and plans to make his comeback from knee surgery at the Monte Carlo Masters in April.
Reliance Industries raced to 52-week high on better than estimated earnings and announcement of bonus share.
World number one Roger Federer survived a scare from unseeded Borna Coric to beat him 5-7, 6-4, 6-4 in the BNP Paribas Open on Saturday and set up a final showdown with Juan Martin del Potro who cruised to a 6-2, 6-3 win over Milos Raonic.
Can, and has, increased its cash levels in turbulent markets
India CEOs of 12 banks form pressure group within IBA.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
Sania Mirza and Martina Hingis are in line to win their second title in a row as they breezed into the Miami Open final with a straight sets win over Timea Babos and Kristina Mladenovic.
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.
Serena had said on Monday that she "can't wait for the future" as she warmed up for her return to the WTA Tour at the Tie Break Tens exhibition at Madison Square Garden.
Serena Williams withdrew before the start of her BNP Paribas Open.
Twice Grand Slam winner Svetlana Kuznetsova and 14th seed Elena Vesnina posted hard-fought, straight-set wins in Friday's semi-finals to set up an all-Russian final in the BNP Paribas Open at Indian Wells.
Elena Vesnina denied Venus Williams another comeback win, while Kristina Mladenovic roared back from a set and a break down to beat Caroline Wozniacki on Thursday to reach the semi-finals of the BNP Paribas Open at Indian Wells.
The event played in one location over seven days in November could start next year, pending approval by the ITF Board.
Overseas funds have been spooked by several policy measures taken by the government in the past few years
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