The country's government-run firms suffered a loss of over Rs 82,000 crore (Rs 820 billion) on a single day on Monday with no significant announcement like FDI hike in some sectors or disinvestments in PSUs in the Budget 2009-10.
In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.
Government-owned companies are more generous in rewarding their shareholders with dividends.
The All India Bank Employees Association, Bank Employees Federation of India, All India Bank Officers' Association and National Union of Bank Employees have given a call for one day country-wide strike.
Discarding a weak economic growth number, markets today rose for the fourth straight day with BSE Sensex gaining 169 points to close at a new 19-month high on hopes of imminent rate cut to revive the slowing economy.
The floor or the minimum offer price for Nalco's share sale has been set at Rs 40 apiece, which was a 10 per cent discount to Thursday's close of Rs 44.65.
Mangalore-based Corporation Bank is considering merger of its housing finance arm Corporation Bank Homes with itself.
Tata Consultancy Services on Tuesday toppled IT major Infosys to become the country's most valued IT firm.
Reliance Industries Limited toppled Oil and Natural Gas Corporation on Thursday to grab the numero uno position with a market capitalisation of over Rs 1,96,000 crore (Rs 1.96 trillion) as against ONGC's Rs 1,93,653.29 crore (Rs 1.93 trillion).
Asian shares ended higher after a string of positive US economic data.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
The government holds 85.96 per cent in NHPC.
Metal shares were the top gainers with Hindalco up over 5%.
The S&P BSE Sensex has gained 149 points to open at 25,802.
India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during the first round of Discovered Small Field (DSF-1) auctions. Adbhoot is in a 50:50 joint venture with the Bombay Stock Exchange-listed Hindustan Oil Exploration Company that has some five oil producing assets and over 10 blocks across the country.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
Asian shares ended higher following a relief rally in global equities after centrist candidate Emmanuel Macron won the first round of the French presidential election.
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Positive cues from the global market front aided the rally.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
The market direction will be guided by corporate earnings, especially the oil & gas companies, since they were responsible for earnings disappointment in the past quarter as well.
'I have been advising investors since the last couple of months to at least take their capital out.' 'Most of the people have made 50-60 per cent in the market, if not more, they must at least take their capital out.'
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
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