Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
Sensex climbs higher at close, bluechip stocks in focus.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
If the sum assured is less than 10 times premium, the proceeds will be taxed.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
ICICI Bank has quashed rumours of favouritism, nepotism and quid pro quo. The bank clarified that while Chanda Kochhar was on the credit committee, she was not the chairperson. Videocon Chairman Venugopal Dhoot said there was no impropriety in the deal.
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
Sensex,Nifty to remain under pressure through the week.
Top losers are Sun Pharma, Bajaj Auto, L&T, ITC, Hero Moto.
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Infrastructure stocks are once again gaining traction.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
Analysts mostly prefer domestic plays beside select films with foreign exposure.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Mid- and small-cap companies seem to have done better than top-tier companies
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Markets ended at record closing highs for the second day in a row on institutional buying.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
The sugar industry clamouring for control and intervention should set the alarm bells ringing in the corridors of power.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
