Indian stock markets are likely to remain bullish during the current Hindu calendar year (Samvat 2071) and investors would continue to reap rich gains, say experts.
Covering-up of short positions ahead of Thursday's expiry of August series in the derivatives segment gave equities a slight push
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
Unseeded American Lauren Davis secured the first big upset of the BNP Paribas Open when she ousted third seed Victoria Azarenka of Belarus in the second round in Indian Wells on Friday.
Of the 30-share Sensex pack, 15 today closed in the red
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.
Bank shares were the top losers along with index heavyweight RIL
Defending champion Serena Williams reached the semi-finals of the Western & Southern tournament in Cincinnati but not before having her mettle tested in a 3-6, 6-4, 6-2 win over sixth-seeded Serb Ana Ivanovic on Friday.
The NSE Nifty went past the 8,600-mark for the first time since November 1.
The challenge was launched by Mackay Conservation Group in January.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
MakeMyTrip, RBL Bank, Inox wind and IRCTC are among the firms that have made it to the Fortune Next 500 list of Indian companies.
BNP Paribas Open chief executive and tournament director Raymond Moore provoked outrage with controversial comments he made before the women's and men's finals at Indian Wells, and later issued an official apology.
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.
The death toll in violence across Bangladesh triggered by the execution of a top Jamaat-e-Islami leader has risen to 21, prompting Prime Minister Sheikh Hasina to issue a stern warning saying, "We know how to control you."
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.
Experts said a future rate cut would depend on the inflation.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
'NiMo having skipped, the next best bet is a high-profile banker.' 'Ms Usha happens to be in the wrong place at the wrong time.' 'Ms Usha's crime? That's as thin as it gets.'
Experts say investors need not tinker with their debt portfolio as shifting won't be tax-efficient.
73-year-old leader of the Bangladesh's largest Islamist party had refused to seek presidential clemency.
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
In the United States, economic data is likely to take a back seat next week.
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.
Worries remain on earnings-valuations mismatch, global issues; resolution of the MAT row could be biggest positive trigger
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
A total of 11 international banks have publicly distanced themselves from the project.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
Most sought-after market of the past few years doesn't feature among top bets in Asia, emerging markets
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Out of 30 Sensex shares, 19 ended lower while 11 gained
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Bangladesh Prime Minister Sheikh Hasina on Saturday said that she would not allow the soil of her country to be used for any kind of extremism and hoped that India would also reciprocate on the matter.
Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
A Bangladeshi court on Wednesday upheld the arrest warrants issued against former PM Khaleda Zia in two graft cases.
Roger Federer rallied from a set down to beat Moldovan surprise package Radu Albot 4-6, 7-5, 6-3 in a stuttering start to the 20-times Grand Slam champion's Miami Open campaign on Saturday.
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.
Financials and auto stocks were the top losers while energy and IT shares recovered
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.