IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
Global cues lift Sensex 364 points; Nifty ends above 8,650.
HCL Technologies has to fine-tune strategies to improve performance in the March quarter.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
'I don't think Siddhartha has done anything wrong. He has not managed his debt well. In any case, he is not the best example of the system going wrong or the system pushing him hard. I think on that particular day, he was depressed and took an impulsive decision. It will be unfair to blame the system.'
Indian IT giants are outstanding companies with great management teams, but they have been held hostage by their past success.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
Investors indulged in profit booking at attractive and higher valuations
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Snapdeal had appointed merchant bankers for listing on an American stock exchange
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
'The Aam Aadmi Party is the most successful and exciting start-up by an IIT-ian in the history of India,' former Infosys CFO V Balakrishnan tells Rediff.com's Vicky Nanjappa.
Arora started off his career at Wipro.
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
Tata Motors, ONGC, HDFC and TCS were the top gainers.
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
'When you come through the hassles and struggles of business life, your mind is wired differently.' 'You are more connected to reality,' Akali Dal MP Naresh Gujral tells Rahul Jacob and Archis Mohan
The 30-share Sensex ended 50 points lower at 28,112 and the 50-share Nifty declined 12 points to close at 8,531.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
Sebi will be taking a number of measures to develop a derivatives market of commodities.
The company will operate the IT system for five years.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
After a volatile session, Sensex closed the day 563 points lower
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
The rupee fell to a two-year low of 64.84 against the US dollar.
The recovery was led by pharma majors led by Dr Reddy's Labs.
HDFC and Infosys contribute the most to today's rally.
Most Asian markets ended with gains.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
Indian equity markets registered their highest single-day percentage gains since early October.
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