'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
The main issue has been that of a higher Asset Management Ratio as has been prescribed by the Monetary Authority of Singapore for qualifying full banks from India.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Bank shares were the top losers after sharp gains last week.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
Banks stocks continued to trade weak along with FMCG major ITC.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Financials were the top losers while oil shares also declined amid weak crude oil prices.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
The surge in the stock market has failed to stem the trend of small-sized brokers shutting operations.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
The 43-year-old, whose longevity is a talked about tale in world tennis, said the line-up that Spain has presented for the Davis Cup tie against India is a must watch for every single budding athlete in the country.
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
Rise in investor sentiment, return of risk appetite aid shares across the board
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
The older Serena Williams gets, the more dominant she becomes. At 33, an age when most players start to fade, her grip on women's tennis looks as secure as ever.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
World No 1 Novak Djokovic added to the sexism row, saying male tennis players should earn more money than their female counterparts as more people watch their matches.
Investors should take this opportunity to look at asset allocation and realign their portfolio.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
A slow but steady economic uptick can be seen in various segments of the economy. India's economy expanded 4.8 per cent in the second quarter, higher than the preceding quarter's 4.4 per cent.
Timing is crucial for a short-sell, so is an understanding of likely float.
Former world number one Roger Federer looked like his old self when he beat Argentine Juan Martin Del Potro 6-3, 4-6, 6-3 at the Paris Masters on Friday to set up a semi-final clash with Novak Djokovic. Top seed Rafa Nadal destroyed local favourite Richard Gasquet 6-4, 6-1 as he stepped up his bid for a record sixth Masters Series crown in the same season.
The Telecom Regulatory Authority of India (Trai) has given its recommendations on the much-awaited issue of spectrum sharing.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
Overall market benchmark Sensex is headed for its worst performance in four years with a decline of 1,650 points
'The one match I would really like to watch would be Williams versus Djokovic.'
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Maria Sharapova made light of her long injury layoff by advancing to the last four of the WTA Finals with an unbeaten record in round robin play after the Russian breezed past Flavia Pennetta 7-5, 6-1 on Thursday, and booked a surprise passage to the semi-finals for Agnieszka Radwanska.
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