Tata Iron & Steel Company Ltd will seek membersÂ’ nod to adjustment debit balance of miscellaneous expenditure account and accretions of Rs 15,500 million.
The markets opened weak on the back of negative Asian cues
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
The average fall in 15 most-invested stocks by equity MFs was 5.7 per cent. Chandan Kishore Kant reports
The IOC share sale is the fourth disinvestment this fiscal but the biggest in 2015-16 so far.
Since its close on Monday (August 1), the Sensex has fallen more than 1,000 points or around 6.4 per cent.
The outsourcing story continues to drive the shares of the Bharat Forge.
The broader markets are outperforming the benchmark indices.
Close to three dozen companies will launch their IPOs over the next four-six months.
Geometric Software Solutions witnessed a sharp fall on opening on Wednesday but recouped some of those losses later.
Great Eastern Shipping Company Ltd placed an order for a 45,500 metric ton new building product tanker with Hanjin Heavy Industries and Construction Co Ltd, South Korea.
Asian shares have begun the week on a plaintive note.
The total investor wealth in domestic stock markets soared by Rs 1.53 lakh crore as investors cheered energy reforms, including hike in natural gas prices.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
The NSE Nifty finally settled 57 points lower at 5,136.
Markets snapped their 8-day winning streak.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
The Nifty crossed the psychological 5,500 mark to register an intra-day high of 5510 at the onset of the trading session before shutting shop at 5479, up six points.
Markets end higher ahead of Fed outcome, China stimulus
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Sixteen companies in the group registered a turnover of over $500 million, with ten of these registering a turnover of over $1 billion
The share price of other ADA group firms declined as well, including Reliance Infrastructure (lost Rs 1,660 crore), Reliance Communication (Rs 867.5 crore), Reliance Capital (637 crore) and Reliance MediaWorks (Rs 60 crore).
Sensex closed over 118 points down on Thursday.
Markets ended in green on rate cut hope.
The stock market will most likely see bullish trends this week in the run up to Union Budget as investors pin hopes on strong reform measures to rev up the economy, say experts.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
The company had sold 50 units of SX4 sedan in August 2014.
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
Shutting of stores had not stopped alcohol sales. On the contrary, it had increased black market operations and peddling of illicit hooch, which could cause death/serious injury.
Singh holds more than 36.15 crore shares.
During the 11 years ending FY15, Tata Sons cumulatively earned dividend income of around Rs 31,500 crore from TCS.
GMM Pfaudler Ltd allotted 9,74,500 equity shares of Rs 10 each to its members as fully paid up bonus shares in the proportion of one bonus equity share for every two existing equity shares of Rs 10 each.
The broader markets, however, outperformed their larger peers.
Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group.
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
Moderation in the economy in the short-term could be because of high inflation, rising commodity prices, high oil prices, increasing fiscal deficits and global uncertainties, Edelweiss said in its annual report. Despite the BSE Sensex swinging between 12,500 in March 2007 and 21,000 in March 2008, fund mobilisation through the primary and secondary markets is preferred, it said.
The optic fibre cable infra was with Jio Digital Fibre and the tower infra with Reliance Jio Infratel
The NSE Nifty ended at 4,551, up 121 points. The breadth improved towards the end of the day, out of 2,826 shares traded, 1,494 advanced and 1,290 declined on Tuesday.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
