Bucking the overall downtrend, shares of RIL rallied nearly 10 per cent, capping the Sensex loss to a large extent.
'In the short term, we may see some disruptions due to Covid, but in the medium-to-long term, we should keep an eye on US inflation and 10-year bond yields.'
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
Analysts expect Colgate's overall volume growth to remain in single digits (around 5-6 per cent) for the next two years.
'NRI interest has gone up in the past three-four years.'
While a coordinated aggressive monetary easing from the central banks is most likely to offer some respite in the near-term, it is unlikely to improve the sentiments.
From the BSE 30-share blue chip pack, 27 scrips ended with losses led by SBI and Tata Steel.
From the 30-share pack, 18 stocks ended with gains led by SBI, which surged 27.58 per cent, and ICICI Bank 14.69 per cent.
Students planning to attend university in the United States are invited to attend a pre-departure orientation programme on July 2.
Among the 30-share basket, 27 stocks led by Bajaj Auto and Bharti Airtel ended with losses.
Recent days have seen a clutch of local brokerage houses, including Way2Wealth, Fortune Financial Services, Antique Stock Broking, Centrum Capital, Avendus Capital and Ambit Capital, luring analysts and senior executives from foreign brokerage houses and leading local equity broking firms by offering meaningful equity stakes.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
Other losers in the Sensex pack included IndusInd Bank, Tata Motors, TCS, Yes Bank and L&T, falling up to 3.26 per cent.
Check out some of the stocks that will react on the basis of their numbers in the near term.
Yes Bank was the top loser in the Sensex pack, crashing 8.36 per cent, followed by NTPC, M&M, Vedanta, Sun Pharma and TCS, which lost up to 4.81 per cent lower.
Nearly 400 stocks hit their 52-week low on BSE on Thursday.
10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.
Rediff readers share their experience about taxis and autorickshaws in India.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
The order, a "negative" overall, will be a short term positive for corporate focused state-run and private lenders because of the possibility of delaying incremental stressed asset recognition.
TCS had earlier this week announced that it too would be hiring less number of freshers.
Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.
Experts say a lot of new wealth is being generated by promoters selling their stake.
If you are travelling internationally in the next two months, it's a good time to exchange your currency.
'Investors should reduce cash gradually and look for value investing.'
There was broad-based rally with participation across sectors creating enormous wealth for investors but starting 2018, the rally got concentrated into select large-cap companies with under performance in broader markets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
UltraTech currently has 19% market share with Shree Cement commanding 22% of the market
The market last tumbled 10% or more in December 2016 following demonetisation. The decline was followed by a sharp rebound. This time the chances of such a v-shaped recovery are less.
Experts tell Tinesh Bhasin how to pick one to save money as well as some troubles later
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
'But you cannot encroach upon the spaces that belong to the public.' 'For this new Parliament building, we envisage a minimum of 400 trucks, the huge long trailer trucks will be coming in day in and day out right into the heart of the national capital.' 'It will completely destroy Delhi's peace.' 'The beautiful sylvan surroundings of the quiet, beautiful, New Delhi is going to be destroyed for all time to come.'
This business could also be aided by new outsourcing opportunities in IMS from Germany, France and northern Europe
Markets end in green with auto, banks on a steady climb.
