Benchmark indices finished higher on hopes of economic reforms
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
Murkumbi will continue to retain his post till the stipulated notice period of 90 days or completion of open offer by Wilmar, whichever is later.
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
Movement of rupee and crude oil prices will also dictate the trend
Banks and realty among the most hit on account of high borrowing costs.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
In the past three weeks, early-stage venture capital firm Matrix Partners has invested in three start-ups.
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
'The world wants India to succeed. It also worries now that India over-promises and under-delivers,' says Shekhar Gupta.
One can predict the knocks and punches and dives and VFX-aided saves without as much as batting an eyelid, says Sukanya Verma.
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
From the valuation angle, the market is showing similar signs of being over-valued without being in a bubble territory yet.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Santosh Kaveri, a young inventor from Karnataka, is a sterling example of the 'Made In India' initiative. Find out why his dreams of being an innovator-enterpreneur shattered.
Auto stocks are weighing on the indices.
Venture capitalists are leveraging their experience to build something new.
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.
Custodian banks are selling dollars for their foreign fund clients.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
Sarvesh Agrawal tells Shobha Warrier about how he built a start-up "of the interns, by the interns and for the interns."
National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
Nagaland-born Carol Humtsoe talks about about her journey as a model.
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The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
The same set of companies had reported 3.8 per cent annual net profit growth in the previous quarter and 7.5 per cent annual growth in the same quarter last financial year.
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
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