The S&P BSE Sensex dipped 90 points to end at 27,747, after hitting an intra-day high of 28,014.
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
The accumulated interest will increase the principal and you will have to pay a higher rate. Borrowers should take the restructuring plan only after they are convinced they have exhausted all other options.
If the BJP is set to return to power in UP, Uttarakhand, Manipur and even Goa, it is not because of the party's performance or the quality of governance. No. It is essentially Modi's popularity, observes Virendra Kapoor.
